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Question: When will we see a new ATH?
2023 - 52 (23.7%)
2024 - 87 (39.7%)
2025 - 59 (26.9%)
2026 - 4 (1.8%)
2027 - 2 (0.9%)
After 2027 - 4 (1.8%)
Never - 11 (5%)
Total Voters: 219

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26087144 times)
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tertius993
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February 07, 2021, 10:02:34 AM

That's how a fud news can effect the market  Shocked



Two weeks ago.
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February 07, 2021, 10:13:09 AM

That's how a fud news can effect the market  Shocked



This was discussed here on WO before... nothingburger...  Cool
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February 07, 2021, 10:21:33 AM
Merited by El duderino_ (4), Cryptotourist (3), JayJuanGee (1), Krubster (1)

I hope that you are not suffering too much, LFC... with that cold iron fist of yours.

There surely is some value with delayed gratification.. and yeah, there could be a bit of a dilemma for some HODLers regarding the extent to which a wee bit of shaving off could be prudent - and yeah, we don't really feel like a blow off top or anything like that, even though many of us had been  thinking that $40k or $50k-ish would be good areas to sell decent amounts of stash.. but many of us are not feeling so inclined in these here days... for some reason.. not feeling like the cycle has run.. and it seems still early.. we are like in the early to mid - 2017s rather than the late 2017s.. so it seems.. and gosh, could we be in the early 2013s so deserving two blow off tops in this cycle with the second blow off top obviously playing out as a 5 to 10x BIGGER one.. ?  

I am not going to say.. even though I have some theories that are floating in the decent odds categorizations... feelings... oh oh oh .. feelings...

I finally have a sell strategy, after all these years. I set up a spreadsheet with a sell ladder. I’m not going to go too deep into it but my sells start about $10,000 north from the current price & continue every $5,000 (roughly) until we hit $250,000.

Nothing goes as you plan it perfectly but at least I have a starting point now.

I’d like to continue HODLING at least 25% of my stash long term.

Let’s see how this cycle plays out Smiley
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February 07, 2021, 10:22:55 AM

Looks like we're going for another attempt at 40k, fingers crossed. Also, lol, bcash falls out of the top 10 on CMC. Bye Felicia
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February 07, 2021, 10:33:26 AM

This dodge pump is starting to piss me off.

It's distracting, and completely, brainlessly retarded.

Kudos to folk profiting from it, but it just boggles my mind at how fucking idiotic crypto-Twitter is on doge right now.

On the plus side, all roads lead to King Corn, so, I guess that is OK.
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February 07, 2021, 10:34:51 AM
Merited by El duderino_ (4), LFC_Bitcoin (1)

Next up will be Martha Stewart  Grin

Nah, she'll do the rapid anus COV test, it's unisex Cool, insta-results, 100% guaranteed. Only $99.99!
Order now you sheeple.

[idiocracy.gif]

If you're looking for something cheaper, rumors have it, that digesting semen is also good practice. No, not your own.
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February 07, 2021, 10:45:44 AM

This dodge pump is starting to piss me off.

It's distracting, and completely, brainlessly retarded.

Kudos to folk profiting from it, but it just boggles my mind at how fucking idiotic crypto-Twitter is on doge right now.

On the plus side, all roads lead to King Corn, so, I guess that is OK.
I have always held contempt for that juvenile joke shitcoin
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February 07, 2021, 10:50:05 AM
Merited by JayJuanGee (1), LFC_Bitcoin (1)

Nah, she'll do the rapid anus COV test, it's unisex Cool, insta-results, 100% guaranteed. Only $99.99!

The anal Covid test is for free  Cheesy
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February 07, 2021, 10:55:06 AM
Merited by JayJuanGee (1), LFC_Bitcoin (1), 600watt (1)

I hope that you are not suffering too much, LFC... with that cold iron fist of yours.

There surely is some value with delayed gratification.. and yeah, there could be a bit of a dilemma for some HODLers regarding the extent to which a wee bit of shaving off could be prudent - and yeah, we don't really feel like a blow off top or anything like that, even though many of us had been  thinking that $40k or $50k-ish would be good areas to sell decent amounts of stash.. but many of us are not feeling so inclined in these here days... for some reason.. not feeling like the cycle has run.. and it seems still early.. we are like in the early to mid - 2017s rather than the late 2017s.. so it seems.. and gosh, could we be in the early 2013s so deserving two blow off tops in this cycle with the second blow off top obviously playing out as a 5 to 10x BIGGER one.. ?  

I am not going to say.. even though I have some theories that are floating in the decent odds categorizations... feelings... oh oh oh .. feelings...

I finally have a sell strategy, after all these years. I set up a spreadsheet with a sell ladder. I’m not going to go too deep into it but my sells start about $10,000 north from the current price & continue every $5,000 (roughly) until we hit $250,000.

Nothing goes as you plan it perfectly but at least I have a starting point now.

I’d like to continue HODLING at least 25% of my stash long term.

Let’s see how this cycle plays out Smiley

I'm still not sure whether I'll start selling at $50k or should I move my sell orders to $75-80 area. So far I'm ready to sell at $50k but it won't last long. I guess I will wait until the end of the month or so. Institutions must try harder to get my coins, dammit!  Grin  

I also think I will keep some 25%-50% of my stash at least for one more cycle. I will NEVER sell my entire stash and become a nocoiner!  Cool
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February 07, 2021, 11:29:47 AM
Merited by El duderino_ (2)

Well its above $40000 already. Didnt checked it for a while and in the meantime it sneaked up.  Cool
Its mean now we are going to have another flood of new posts from many newbies.  Cheesy Grin

Its mean 21 of your posts of the last 5 days were reported and in the meantime removed. Its mean you're writing a flood of shit.


edit: back on-topic now: what's that fugging ATH waiting for??
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February 07, 2021, 11:38:00 AM
Merited by El duderino_ (2), 600watt (1), somac. (1), friends1980 (1)

I hope that you are not suffering too much, LFC... with that cold iron fist of yours.

There surely is some value with delayed gratification.. and yeah, there could be a bit of a dilemma for some HODLers regarding the extent to which a wee bit of shaving off could be prudent - and yeah, we don't really feel like a blow off top or anything like that, even though many of us had been  thinking that $40k or $50k-ish would be good areas to sell decent amounts of stash.. but many of us are not feeling so inclined in these here days... for some reason.. not feeling like the cycle has run.. and it seems still early.. we are like in the early to mid - 2017s rather than the late 2017s.. so it seems.. and gosh, could we be in the early 2013s so deserving two blow off tops in this cycle with the second blow off top obviously playing out as a 5 to 10x BIGGER one.. ?  

I am not going to say.. even though I have some theories that are floating in the decent odds categorizations... feelings... oh oh oh .. feelings...

I finally have a sell strategy, after all these years. I set up a spreadsheet with a sell ladder. I’m not going to go too deep into it but my sells start about $10,000 north from the current price & continue every $5,000 (roughly) until we hit $250,000.

Nothing goes as you plan it perfectly but at least I have a starting point now.

I’d like to continue HODLING at least 25% of my stash long term.

Let’s see how this cycle plays out Smiley

I'm still not sure whether I'll start selling at $50k or should I move my sell orders to $75-80 area. So far I'm ready to sell at $50k but it won't last long. I guess I will wait until the end of the month or so. Institutions must try harder to get my coins, dammit!  Grin  

I also think I will keep some 25%-50% of my stash at least for one more cycle. I will NEVER sell my entire stash and become a nocoiner!  Cool

selling BTC for what? Gold? OK (IMO) if you are a bit over invested in BTC. Silver? OK, for our U.S. friends because most of them think silver cannot be confiscated. FIAT? Not OK (IMO) just in case you really need some to buy other things.

Why not selling for FIAT? Why do all the stocks, real estate, land, commodities etc. increase in price? It's not because their value is increasing all the time. But the value of FIAT is decreasing all the time therefore the price of the others in FIAT is increasing. think about it.
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February 07, 2021, 11:46:14 AM

I hope that you are not suffering too much, LFC... with that cold iron fist of yours.

There surely is some value with delayed gratification.. and yeah, there could be a bit of a dilemma for some HODLers regarding the extent to which a wee bit of shaving off could be prudent - and yeah, we don't really feel like a blow off top or anything like that, even though many of us had been  thinking that $40k or $50k-ish would be good areas to sell decent amounts of stash.. but many of us are not feeling so inclined in these here days... for some reason.. not feeling like the cycle has run.. and it seems still early.. we are like in the early to mid - 2017s rather than the late 2017s.. so it seems.. and gosh, could we be in the early 2013s so deserving two blow off tops in this cycle with the second blow off top obviously playing out as a 5 to 10x BIGGER one.. ?  

I am not going to say.. even though I have some theories that are floating in the decent odds categorizations... feelings... oh oh oh .. feelings...

I finally have a sell strategy, after all these years. I set up a spreadsheet with a sell ladder. I’m not going to go too deep into it but my sells start about $10,000 north from the current price & continue every $5,000 (roughly) until we hit $250,000.

Nothing goes as you plan it perfectly but at least I have a starting point now.

I’d like to continue HODLING at least 25% of my stash long term.

Let’s see how this cycle plays out Smiley

I'm still not sure whether I'll start selling at $50k or should I move my sell orders to $75-80 area. So far I'm ready to sell at $50k but it won't last long. I guess I will wait until the end of the month or so. Institutions must try harder to get my coins, dammit!  Grin  

I also think I will keep some 25%-50% of my stash at least for one more cycle. I will NEVER sell my entire stash and become a nocoiner!  Cool

selling BTC for what? Gold? OK (IMO) if you are a bit over invested in BTC. Silver? OK, for our U.S. friends because most of them think silver cannot be confiscated. FIAT? Not OK (IMO) just in case you really need some to buy other things.

Why not selling for FIAT? Why do all the stocks, real estate, land, commodities etc. increase in price? It's not because their value is increasing all the time. But the value of FIAT is decreasing all the time therefore the price of the others in FIAT is increasing. think about it.

Exactly. Same could go for the BTC price though. But that's exactly the point: BTC implementation and circulation are key in the whole story and whatever BTC's value in fiat might be is completely irrelevant. It is however very relevant to get people into investing and 'getting used' to BTC as a regular investment/payment concept.
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February 07, 2021, 12:17:20 PM
Merited by El duderino_ (4)

I hope that you are not suffering too much, LFC... with that cold iron fist of yours.

There surely is some value with delayed gratification.. and yeah, there could be a bit of a dilemma for some HODLers regarding the extent to which a wee bit of shaving off could be prudent - and yeah, we don't really feel like a blow off top or anything like that, even though many of us had been  thinking that $40k or $50k-ish would be good areas to sell decent amounts of stash.. but many of us are not feeling so inclined in these here days... for some reason.. not feeling like the cycle has run.. and it seems still early.. we are like in the early to mid - 2017s rather than the late 2017s.. so it seems.. and gosh, could we be in the early 2013s so deserving two blow off tops in this cycle with the second blow off top obviously playing out as a 5 to 10x BIGGER one.. ?  

I am not going to say.. even though I have some theories that are floating in the decent odds categorizations... feelings... oh oh oh .. feelings...

I finally have a sell strategy, after all these years. I set up a spreadsheet with a sell ladder. I’m not going to go too deep into it but my sells start about $10,000 north from the current price & continue every $5,000 (roughly) until we hit $250,000.

Nothing goes as you plan it perfectly but at least I have a starting point now.

I’d like to continue HODLING at least 25% of my stash long term.

Let’s see how this cycle plays out Smiley

I'm still not sure whether I'll start selling at $50k or should I move my sell orders to $75-80 area. So far I'm ready to sell at $50k but it won't last long. I guess I will wait until the end of the month or so. Institutions must try harder to get my coins, dammit!  Grin  

I also think I will keep some 25%-50% of my stash at least for one more cycle. I will NEVER sell my entire stash and become a nocoiner!  Cool

selling BTC for what? Gold? OK (IMO) if you are a bit over invested in BTC. Silver? OK, for our U.S. friends because most of them think silver cannot be confiscated. FIAT? Not OK (IMO) just in case you really need some to buy other things.

Why not selling for FIAT? Why do all the stocks, real estate, land, commodities etc. increase in price? It's not because their value is increasing all the time. But the value of FIAT is decreasing all the time therefore the price of the others in FIAT is increasing. think about it.

Yep, whatever reason you sell make sure it is not to hold fiat. A home, diversification, income producing asset so you can quit your job, yes by all means. But, if you hold more than a year worth of expenses in fiat you are doing the increase in your generational wealth thingy completely wrong.
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February 07, 2021, 12:21:51 PM
Merited by El duderino_ (4)

I hope that you are not suffering too much, LFC... with that cold iron fist of yours.

There surely is some value with delayed gratification.. and yeah, there could be a bit of a dilemma for some HODLers regarding the extent to which a wee bit of shaving off could be prudent - and yeah, we don't really feel like a blow off top or anything like that, even though many of us had been  thinking that $40k or $50k-ish would be good areas to sell decent amounts of stash.. but many of us are not feeling so inclined in these here days... for some reason.. not feeling like the cycle has run.. and it seems still early.. we are like in the early to mid - 2017s rather than the late 2017s.. so it seems.. and gosh, could we be in the early 2013s so deserving two blow off tops in this cycle with the second blow off top obviously playing out as a 5 to 10x BIGGER one.. ?  

I am not going to say.. even though I have some theories that are floating in the decent odds categorizations... feelings... oh oh oh .. feelings...

I finally have a sell strategy, after all these years. I set up a spreadsheet with a sell ladder. I’m not going to go too deep into it but my sells start about $10,000 north from the current price & continue every $5,000 (roughly) until we hit $250,000.

Nothing goes as you plan it perfectly but at least I have a starting point now.

I’d like to continue HODLING at least 25% of my stash long term.

Let’s see how this cycle plays out Smiley

I'm still not sure whether I'll start selling at $50k or should I move my sell orders to $75-80 area. So far I'm ready to sell at $50k but it won't last long. I guess I will wait until the end of the month or so. Institutions must try harder to get my coins, dammit!  Grin  

I also think I will keep some 25%-50% of my stash at least for one more cycle. I will NEVER sell my entire stash and become a nocoiner!  Cool

selling BTC for what? Gold? OK (IMO) if you are a bit over invested in BTC. Silver? OK, for our U.S. friends because most of them think silver cannot be confiscated. FIAT? Not OK (IMO) just in case you really need some to buy other things.

Why not selling for FIAT? Why do all the stocks, real estate, land, commodities etc. increase in price? It's not because their value is increasing all the time. But the value of FIAT is decreasing all the time therefore the price of the others in FIAT is increasing. think about it.

Exactly this. Think Lambos, hookers, blow..  Grin

I'm not even considering selling and investing into something else. Just exchange BTC for some luxury things via dirty FIAT.  Cool 

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February 07, 2021, 12:29:29 PM

Possible ATH in the weekend.

Back to the trend.

I have a small voice in the back of my head reminding me of the 2018 crash disappointment.

My fears have not been taken away yet... Observing 38,5K...
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February 07, 2021, 12:38:40 PM
Last edit: February 07, 2021, 12:52:12 PM by Krubster
Merited by El duderino_ (4), vapourminer (2), JayJuanGee (1)

For whatever reason you have to sell, having a strategy set up in advance is never a bad thing. Trying to match the top is far more difficult than predicting the bottom (e.g. 200W MA) in my opinion. For that reason, a sell ladder can be a good strategy. It's automatic and it won't cause you stress trying to match the exact top.

I personally sold some coins between $30-40k to reinvest in real-estate. I could have held them longer for more fiat gains, but I had a strategy set up a long time ago and I held on to it. No regrets.

Right now I have no need for more fiat, so I have no further plans to sell anything (except for my trading stash which is less than 5% of my total stash).
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February 07, 2021, 12:47:46 PM

Yes, I agree with the previous comments about the selling strategy but I would like to emphasize: never sell everything. Keep whatever percentage you are comfortable with. Imagine those who bought BTC when it was worth $1 or so. If they sold everything, they probably have some regrets, no matter the profit. But if they were able to keep a % while selling at some points, they will probably feel better now.
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February 07, 2021, 12:51:45 PM
Merited by JayJuanGee (1), Krubster (1)

For whatever reason you have to sell, having a strategy set up in advance is never a bad thing. Trying to match the top is far more difficult than predicting the bottom (e.g. 200W MA) in my opinion. For that reason, a sell ladder can be a good strategy. It's automatic and it won't cause you stress trying to match the exact top.

I personally sold some coins between $30-40k to reinvest in real-estate. I could have held them longer for more fiat gains, but I had a strategy set up a long time ago and I held on to it. No regrets.

Right now I have no need for more fiat, so I have no further plans to sell anything.
I have had this same plan personally. I could have been a billionaire if I held on to all of my coins. Sounds tragic but I am just as happy being a decamillionaire Wink. On one hand, you never know for sure what it may reach, on the other, you want some gains in-between. Make a plan that you can accept the consequences of whichever way it goes.
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February 07, 2021, 01:04:07 PM

Yes, I agree with the previous comments about the selling strategy but I would like to emphasize: never sell everything. Keep whatever percentage you are comfortable with. Imagine those who bought BTC when it was worth $1 or so. If they sold everything, they probably have some regrets, no matter the profit. But if they were able to keep a % while selling at some points, they will probably feel better now.

If you have no real content to share, it's better to keep your mouth shut.

If you're in it because you believe in BTC as future money, hodl of course!

But if you're in it for the profit, any profit is good. Prices will ALWAYS go up or down, so if you have regrets every time something went up after you sold (with profit), you're the most retarded trader in the world.If you have regrets and think it will go up again, buy in again - DUH.

As for understatements, you're obviously the winner of the day. Congrats.
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February 07, 2021, 01:11:50 PM
Merited by JayJuanGee (1)

Selling BTC makes sense only if you subsequently (and soon) use the obtained fiat to fund some project, purchase, Lambos, hookers, blow, whatever. Selling BTC just to keep fiat in the bank is a near-guaranteed way to lose wealth. And you must be mentally prepared to accept the inevitable fact that whatever you buy will soon become the most expensive item of its kind (for you), as has been my Trezor h/w wallet, which is now valued at over $5,000 (I paid 0.14 BTC to buy it, when I could have bought it for $119 in fiat, which I had). Use this analogy for whatever you're planning to buy.

Of course, there are some things that cannot wait. Dreams and goals we set in life, which we should aim to fulfill when we are young enough to enjoy them. HoDLing while being miserable is not wise... It's up to the individual to decide when to make their corn work for them.

Sell when you must (but wisely).
Buy when you can.
Always aim to HoDL.
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