looks like we are heading for 15.9 again
I would love to see a true dump say 7-9k.
69k down to 7k is 90%
maybe by thanksgiving.
Only a person with no any significant btc, like yourself, would love it.
That, and you're are pulling your numbers out of air.
Why 90% and not 89 or 95%?
I sold off most of my coins months ago.
Was mocked here for a cash and bond position. Now I will do okay with btc dropping.
It is not like I did not share this opinion before this crash.
Seems a bit early to be counting your chickens.
Furthermore, you deserve to be mocked....
I know that you would like to say, "I told you so," but you are not likely in as great of a position as you are making yourself out to be.. but hey, ONLY you really know your position, which is a product of both finances and psychology.. so you "should" be in the best place to judge what is best for ur lil selfie.. and BTC price performance is ONLY one of the individual factors that should be accounted when figuring out position size and also various other trading and/or HODLing strategies.
You should know these kinds of things already, instead of ongoingly wanting to come into the thread and to show how you were "right" about some quasi-absolutist assertion(s) that you made.
... JJG and philipma1957
I had known over the past several days that I could use some FIAT$ (reasons), but the price having dropped made me unwilling to act (sell BTC). Until today. In the Ol' American Spirit of "Shoot first and ask questions later" I decided to sell a piece of my stash, albeit at a worse price than I had seen last week.
I sold as early as I could this AM (hey, not an early riser), paid a high tx-fee (before the mempool loaded itself up) and requested payment by T/T. The wire went out this afternoon, I'll check at my bank tomorrow re arrival of funds. It should not be a problem.
The exchange I use is Gemini. Who has treated me well over the past 18 or so months (thx again to Lawyer Bob for his positive comments re Gemini).
Hey just because I sold some earlier does not mean I am clever or smart.
You got that right.
The mining business is a brutal fucking grind. I was a gear head when I found BTC
Frankly I wished I simply did DCA from May 2011 to now as I would be richer than I will ever be. But that's water under the bridge.
True.. just $10 per week (saved or set aside into bitcoin - whether a miner or anyone) would have done wonders going back until more than 11 years ago... but yeah.. you cannot go back, and you can ONLY do what you believe is best for yourself at this particular time based on how you perceive each and every of your circumstances including but not limited to your cashflow, other investments, view of bitcoin as compared with other investments, timeline, risk tolerance, and time, skills, goals (investment/lifestyle targets) and abilities to strategize, plan, research and learn along the way including tweaking strategies from time to time to consider trading, reallocating, use of leverage and/or financial instruments.
Each of us should be attempting to consider each of these circumstances to the best of our ability based on the information that we have in front of us and any further studying and/or looking into the matters that we are able to do.. in the event that we need to get some improved information, logic and/or conclusions in regards to our own particular matters.
A for the mine we are still solvent but hurting.
Currently, a lot of miners are struggling, and it seems the more competitive ones are cranking up their hashrate (maybe on purpose - maybe not).. so there can be a question about which ones (surely not all miners) are going to be able to continue to survive with such ongoing price and/or efficiencies and/or staying power pressures (and maybe a bit of luck, too? perhaps?).
Poll
