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

[sirazimuth]

New solo Saturday night drinking game.
I take a shot every time mindrust is mentioned.
Now I'm shitfaced...

[Torque]

Most important about mindrust =.......

He had invested X amount of FIAT and proudly announcement he had a positive exact amount of FIAT out of it.

Each person got his own goals, he achieved the goals he was chasing at.

I feel like over the years, we've seen these kinds of accounts come and go.

They come in, talk a big game about buying Bitcoin because libertarian ideology and how they are going to hodl forever.

Then in just a short time they quietly hit some pitiful goal and sell all, or quietly panic sell all.

Then they disappear from the forum, never to be heard from again.

[jojo69]

Most important about mindrust =.......

He had invested X amount of FIAT and proudly announcement he had a positive exact amount of FIAT out of it.

Each person got his own goals, he achieved the goals he was chasing at.

I feel like over the years, we've seen these kinds of accounts come and go.

They come in, talk a big game about buying Bitcoin because libertarian ideology and how they are going to hodl forever.

Then in just a short time they quietly hit some pitiful goal and sell all, or quietly panic sell all.

Then they disappear from the forum, never to be heard from again.

[OgNasty]

Most important about mindrust =.......

He had invested X amount of FIAT and proudly announcement he had a positive exact amount of FIAT out of it.

Each person got his own goals, he achieved the goals he was chasing at.

I feel like over the years, we've seen these kinds of accounts come and go.

They come in, talk a big game about buying Bitcoin because libertarian ideology and how they are going to hodl forever.

Then in just a short time they quietly hit some pitiful goal and sell all, or quietly panic sell all.

Then they disappear from the forum, never to be heard from again.

Bitcoin has also been around a little while now. Many members of the community have passed away due to various issues. Some have gone to prison or fallen ill. I doubt it’s always about the money alone. While I’m sure there are plenty of people who have cashed out and are out living their dreams, I don’t know if we can assume that’s everyone’s story.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[shahzadafzal]

Explanation

CB's charts are looking great if you zoom out little bit...


https://twitter.com/FirasYassin0/status/1464792468776443916

[ChartBuddy]

Explanation

[JayJuanGee]

"Crypto"?  What the fuck is that?

Jojo.. you gotta know better, no?

Hasn't no one learnt you nuttin properly yet?

Most important about mindrust =.......

He had invested X amount of FIAT and proudly announcement he had a positive exact amount of FIAT out of it.

Each person got his own goals, he achieved the goals he was chasing at.

I feel like over the years, we've seen these kinds of accounts come and go.

They come in, talk a big game about buying Bitcoin because libertarian ideology and how they are going to hodl forever.

Then in just a short time they quietly hit some pitiful goal and sell all, or quietly panic sell all.

Then they disappear from the forum, never to be heard from again.

Bitcoin has also been around a little while now. Many members of the community have passed away due to various issues. Some have gone to prison or fallen ill. I doubt it’s always about the money alone. While I’m sure there are plenty of people who have cashed out and are out living their dreams, I don’t know if we can assume that’s everyone’s story.

Ultimately, I agree with you OgNasty in respect that there are a considerable number of stories out there, but seems to me that Torque is expressing a certain amount of legitimate skepticism regarding whether some accounts are actually being genuine with us in terms of their actual stories.... and also there is a certain level of dumbness that comes through the average JoeBlow, even if he is being genuine... come into bitcoin and acting like he has some kind of BIG plan while at the same time lacking in a lot of fortitude and stay-with-it-ness .. in terms of actions speak louder than words.. and talking a BIG game is not the same as actually sticking with the plan without whimping out along the way.

[Biodom]

..easily triggered by the c-word, as usual. "The lady doth protest too much, methinks"
To me, it's a web site, lol

However, the populace wants to call everything under this category..I might not like it, exactly, but I won't be pissing against the wind and then be surprised by the ensuing result.

[JayJuanGee]

..easily triggered by the c-word, as usual. "The lady doth protest too much, methinks"
To me, it's a web site, lol

However, the populace wants to call everything under this category..I might not like it, exactly, but I won't be pissing against the wind and then be surprised by the ensuing result.

Good for uie pooie.

 


I am so proud of you for doing you.

[ChartBuddy]

Explanation

[naim027]

Well, here are the tricks that I've followed. If you want to buy $100 worth of BTC. Wait for a deep. If you see a dip, don't go all in. You can buy $30 worth of BTC. If it pumps, waits for a correction. If it deeps further buy more than $30 worth of BTC. Repeat the same process as long as you want to buy.

Here are another Tips, never sell in the loss. Suppose you bought some BTC on its All-time high. Don't panic and don't sell until it makes another All-time high.

Usually, I follow these steps. Don't go all in. Neither for cash out. Suppose you bought BTC at $50K. BTC hit its another all-time high of $80K Don't sell 100% of your portfolio to gain as much profit as possible. Who knows? It could hit another all-time high. Always buy partial amount, and sell partial amount. Never go for all in.

[Poker Player]

Well, here are the tricks that I've followed. If you want to buy $100 worth of BTC. Wait for a deep. If you see a dip, don't go all in. You can buy $30 worth of BTC. If it pumps, waits for a correction. If it deeps further buy more than $30 worth of BTC. Repeat the same process as long as you want to buy.

Here are another Tips, never sell in the loss. Suppose you bought some BTC on its All-time high. Don't panic and don't sell until it makes another All-time high.

Usually, I follow these steps. Don't go all in. Neither for cash out. Suppose you bought BTC at $50K. BTC hit its another all-time high of $80K Don't sell 100% of your portfolio to gain as much profit as possible. Who knows? It could hit another all-time high. Always buy partial amount, and sell partial amount. Never go for all in.

To be honest, I don't see the point in getting so complicated when you buy those amounts. If you buy amounts between $30 and $100, what you have to do is buy periodically and forget about what the market is doing. How much do your personal finances allow you to buy? $100 a week? A month? Buy that and forget about it. Another thing is that you tell me that you have been buying $100 a month for ten years and now you have many millions, so you have to consider selling in order not to have your wealth too concentrated in Bitcoin.

But otherwise, for small amounts, buy, buy, buy and buy again. At least that's what I do.

[ChartBuddy]

Explanation

[AlcoHoDL]

I'm not sure one can really optimally time their Bitcoin buys and sells.

It depends on each individual's style. For me, if I have some fiat to spare and I see a dippening (or even without seeing one), I go all-in and buy. I never sell (not yet anyway). I never set up future buy/sell orders (ladder schemes, for when the price reaches certain future values, etc.). I just can't be bothered. I always buy immediately, at market value, and use the entire amount. Basically, I treat my Bitcoin wallet as a bank account. I just deposit funds when available, and let it grow.

Not the best strategy for everyone, probably sub-optimal for many, but it suits my style and I'm happy with it.

[PoolMinor]

DXY heading south, still a little early to pronounce a conclusion but still optimistic that there are enough shorters on BTC about to get rekt.

[ChartBuddy]

Explanation

[somac.]

DXY heading south, still a little early to pronounce a conclusion but still optimistic that there are enough shorters on BTC about to get rekt.

I think you’re right. My guess is that people have worked out that this new variant scare has been overblown. No indication that it is particularly severe or that it evades vaccines more than the other variants (which seem to be very leaky anyway). Possibly not even that contagious. Either way the FUD we saw on Friday was definitely over the top.