Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[sirazimuth]

Every time I read my DCA email confirming my latest buy, it's always at the rate of the last pump that lasted like 2 minutes....
You know what?
I've been doing this for so many years now, I don't really GAF. ....<burp>
LOVE YA BROS!   (no homo)

[1714300006]

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[1714300006]

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[1714300006]

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[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ivomm]

Good morning ladies and gents! I'm so bored by this price action that I've bought another chunk for 1000€. Thanks to JJG and Dabs for the very useful comments on my last post. I'm still thinking about the balance between sold and kept Bitcoin stash. I guess I've sold a bit too much, so now I rebuy back some. Of course, I won't sell everything under any circumstances, except terminal disease! I will need a couple of years perhaps to find a better place to live and then cash out for a real estate. 

[modrobert]

Say it one more time....(in S. Jackson's voice)  

...even if it's a bit awkward to read in a pump thread.

who's pumping?

My mistake, "HODL thread" then? Reading negative statements about greed was the surprising part.

[explorer]

   
   Summer sideways.  Feels like 2013?  That was a loooong summer.  Buying opportunity of epic proportions.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[bitcoinPsycho]

I predict next chart buddy to be $33895

[ChartBuddy]

Explanation

[LFC_Bitcoin]

Sub $33,000 

Whoever is selling, a plague on your houses!

[ImThour]

Just spent another $1000 to buy BTC @ 32,700. I am gonna buy any dip you serve me. 

[LFC_Bitcoin]

Just spent another $1000 to buy BTC @ 32,700. I am gonna buy any dip you serve me. 

Here, have some nachos for the dip you just bought

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[bitebits]

https://medium.com/blockstream-markets-weekly/blockstream-markets-weekly-july-2-2021-e10f5b09c4d0

- Steve Cohen’s $22B Point72 is looking to hire a head of crypto markets
- Soros Fund Management has recently been cleared to trade Bitcoin
- a new German law that opens Bitcoin investment to $425B of ‘special fund’ capital
- one of the world’s largest point of sale providers to bring Bitcoin to 650 community banks across the US (24 million clients)
- countries across Latin America all eyeing Bitcoin investments as the GBTC discount shrinks
- and the Purpose BTC ETF hits a record high 22,190 BTC under management
- plus lots more

[Dabs]

Good morning ladies and gents! I'm so bored by this price action that I've bought another chunk for 1000€. Thanks to JJG and Dabs for the very useful comments on my last post. I'm still thinking about the balance between sold and kept Bitcoin stash. I guess I've sold a bit too much, so now I rebuy back some. Of course, I won't sell everything under any circumstances, except terminal disease! I will need a couple of years perhaps to find a better place to live and then cash out for a real estate. 

You're welcome! BTW, did I correctly understand you did cash out 17 years worth of income or expenses? But now you're buying back in to Bitcoin with the excess above a certain number of years that makes you comfortable?

You should not need to sell any more now for at least another 10 years if you have that much cash, and if you are keeping your job you can safely keep buying more every month.

[mobtc]

I predict next chart buddy to be $35000，I believe the price of btc will arrive to be $40000.

[ChartBuddy]

Explanation

[ivomm]

Good morning ladies and gents! I'm so bored by this price action that I've bought another chunk for 1000€. Thanks to JJG and Dabs for the very useful comments on my last post. I'm still thinking about the balance between sold and kept Bitcoin stash. I guess I've sold a bit too much, so now I rebuy back some. Of course, I won't sell everything under any circumstances, except terminal disease! I will need a couple of years perhaps to find a better place to live and then cash out for a real estate. 

You're welcome! BTW, did I correctly understand you did cash out 17 years worth of income or expenses? But now you're buying back in to Bitcoin with the excess above a certain number of years that makes you comfortable?

You should not need to sell any more now for at least another 10 years if you have that much cash, and if you are keeping your job you can safely keep buying more every month.

Yes, you've got it right. I've cashed out for 17 years ahead, but I will keep my job until I find a better place to live, like a Greek island or in Spain. My country is horrible in any aspect, so what use for the good job?!?  But I need to buy also a real estate so I will probably sell some between 120K and 200K. The remaining part will be spend only if I am short on the fiat part. Hopefully that will be after 10-15 years, when the price will be above 1mil (I know, some hopium but 30K was untinkable in the last year). That's my plan.