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

[BitcoinBunny]

Shit coins are equivalent to gambling and gambling is for losers. One can invest few bucks in shitcoins for fun but real focus and most of your capital should be going to Bitcoin alone. 1 bitcoin is difficult.

Investing in bitcoin is also gambling.

Very not like gambling….

Investing is USD is not gambling as well. Surely, you will end up losing money.

I guarantee it and don't call me Shirley.

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[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Negotiation]

Investing is USD is not gambling as well. Surely, you will end up losing money.

All people are know USD is a loss project, but BTC HODLER are millionaires. 

[strawbs]

For one, this thread is about bitcoin and not shitcoins, and secondly, DCA does not work with shitcoins because they are not long term investments that have any fundamental and/or long term value.

DCA tends to apply quite well for bitcoin and/or long term investments bacuase it allows you to build your position over many years 4-10 years or longer.

Shit coins are equivalent to gambling and gambling is for losers. One can invest few bucks in shitcoins for fun but real focus and most of your capital should be going to Bitcoin alone.
One thing to note about DCA is that it's not for people with low patience as it takes years to build a profitable portfolio with DCA. So anyone coming to DCA should keep in mind that it will takes years not months.     

Of course, if you are still in your accumulation stage, you can supplement your accumulation with buying on dips and also lump sum investing, and so only you can figure out which accumulation methods to apply and when you might consider yourself to no longer be in accumulation stage... and yeah, a lot of newbies might have chances to build their investment into bitcoin over 4-10 years or longer, and they likely end up selling too much too soon and then likely putting themselves into a worse place than if they had just focused on accumulating through the varying buying techniques rather than selling, trading and/or gambling with their investment.. in such a great and powerful (and option providing) asset, such as bitcoin.

We can relate with this with current bull run where people are selling too early. It's not a success that you buy at 60k and sell on 70k since this will give you only a limited profit. One must have a plan where he must gather bitcoins before he start thinking to sell some of his holdings. How many Bitcoins are sufficent is a subjective question. So some people 100 Bitcoins are low while for many getting even 1 bitcoin is difficult.

I find the question of when (if?) to sell any corn a bit more nuanced than just trying to time the best profit in $. If you believe that BTC is going to become the world's best store of value (or already is); and that BTC will replace the $ as the world's dominant/reserve currency, then you don't want to end up with bags of fiat. Then the question becomes how many BTC are you willing to sell before that happens, so that you reach a reasonable compromise between enjoying the present and facilitating a more comfortable/enjoyable lifestyle, and keeping your BTC for the time when you won't need to sell it for fiat because it has usurped fiat in all use cases (store of value, medium of exchange and f**k you tool against state governments' corrupt financial system).

The compromise is difficult to find because of the unknown timescale for when BTC will replace fiat. And the unknown timescale of when you will die. I mean, who wants to die with lots of unspent funds, the spending of which could have made your life better. You could leave it to your kids, but where's the fun in that?

[strawbs]

Investing in bitcoin is also gambling.

Investing in bitcoin is the opposite of gambling

[El duderino_]

Investing in bitcoin is also gambling.

Investing in bitcoin is the opposite of gambling

I was thinking the same

Clear situation like that meme

For you it’s gambling for me it’s securing financial freedom… we are not the same kinda thing

Also being so long around and writing such nonsense

[Hueristic]

Shit coins are equivalent to gambling and gambling is for losers. One can invest few bucks in shitcoins for fun but real focus and most of your capital should be going to Bitcoin alone. 1 bitcoin is difficult.

Investing in bitcoin is also gambling.

YOUR RIGHT!

Only your the HOUSE.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[criptoevangelista]

If Bitcoin is gambling, then what is not gambling? because just writing this leaves an empty and meaningless statement... Bring solutions and alternatives, convince everyone that everyone is wrong.

if the argument is good.... who knows?

But I find it difficult to have arguments.


BTC = true freedom

[Amphenomenon]

For one, this thread is about bitcoin and not shitcoins, and secondly, DCA does not work with shitcoins because they are not long term investments that have any fundamental and/or long term value.

DCA tends to apply quite well for bitcoin and/or long term investments bacuase it allows you to build your position over many years 4-10 years or longer.

Shit coins are equivalent to gambling and gambling is for losers. One can invest few bucks in shitcoins for fun but real focus and most of your capital should be going to Bitcoin alone.
One thing to note about DCA is that it's not for people with low patience as it takes years to build a profitable portfolio with DCA. So anyone coming to DCA should keep in mind that it will takes years not months.     

Of course, if you are still in your accumulation stage, you can supplement your accumulation with buying on dips and also lump sum investing, and so only you can figure out which accumulation methods to apply and when you might consider yourself to no longer be in accumulation stage... and yeah, a lot of newbies might have chances to build their investment into bitcoin over 4-10 years or longer, and they likely end up selling too much too soon and then likely putting themselves into a worse place than if they had just focused on accumulating through the varying buying techniques rather than selling, trading and/or gambling with their investment.. in such a great and powerful (and option providing) asset, such as bitcoin.

We can relate with this with current bull run where people are selling too early. It's not a success that you buy at 60k and sell on 70k since this will give you only a limited profit. One must have a plan where he must gather bitcoins before he start thinking to sell some of his holdings. How many Bitcoins are sufficent is a subjective question. So some people 100 Bitcoins are low while for many getting even 1 bitcoin is difficult.

I find the question of when (if?) to sell any corn a bit more nuanced than just trying to time the best profit in $. If you believe that BTC is going to become the world's best store of value (or already is); and that BTC will replace the $ as the world's dominant/reserve currency, then you don't want to end up with bags of fiat. Then the question becomes how many BTC are you willing to sell before that happens, so that you reach a reasonable compromise between enjoying the present and facilitating a more comfortable/enjoyable lifestyle, and keeping your BTC for the time when you won't need to sell it for fiat because it has usurped fiat in all use cases (store of value, medium of exchange and f**k you tool against state governments' corrupt financial system).

I think this is base on individual investment plans, I guess every real bitcoiner have that stash of bitcoin in their bitcoin holdings they have planned to never sell, even if they sell during bull these stash are not sold and then may try to get back the stash they sold during bear.
These never selling stash are base on the total number of bitcoin holdings an individuals as and so some may leave within 10% to 90% of their total holdings _{this is a rough estimation, like i said its base on individual investment plan and to total holdings}

The compromise is difficult to find because of the unknown timescale for when BTC will replace fiat. And the unknown timescale of when you will die. I mean, who wants to die with lots of unspent funds, the spending of which could have made your life better. You could leave it to your kids, but where's the fun in that?

“A good man leaves an inheritance to his children's. children.” — Proverbs 13:22.

I don`t know if you are a believer of the bible but this holds true here, Bitcoin is the best store of value in world, which makes bitcoin better to leave for anyone and Hal Finney knew this early and kept bitcoins for his Children.
Solely we likely gonna miss that entertaining moment but those will pass on these knowledge and coin will never do and but in the end what matters are we know we are right though time we tell for all to see

[Amphenomenon]

Investing in bitcoin is also gambling.

Investing in bitcoin is the opposite of gambling

I guess he miss it

Trading bitcoin as a state of gambling

HODLing bitcoin is far from it, after all its the best store of value in the world

[Toxic2040]

t-minus one hour for a possible IFT3 launch
everyday astronaut live
https://www.youtube.com/watch?v=ixZpBOxMopc
spacex feed
https://www.spacex.com/launches/mission/?missionId=starship-flight-3

https://twitter.com/i/broadcasts/1LyxBnOvzvOxN

lots of scammy fake shit airing out there....dyor


oh....and gm......happy pie day

[Alphakilo]

As a former gambling addict I can categorically guarantee that BTC is not gambling.

In gambling almost always the house is the winner not you and/or me.

The only way I would lose (and even then it would be minimal losses) is if BTC drops below the price I bought in.
That was 3 digits.

I think the chances of THAT happening are less than 10,000 to 1.

I like how you put it and if Bitcoin were a brand, you would be one of the ideal ambassador to represent it. Your comment above counters the misguided critiques and excuses from Bitcoin skeptics. With Bitcoin the only true losers are those who given in to fear and sell below the price they bought it at due to FOMO and FUD.

[vapourminer]

With Bitcoin the only true losers are those who given in to fear and sell below the price they bought it at due to FOMO and FUD.

to be fair the current strategy of someone who acquired coin at sub $1000 usd will be somewhat different in someone who entered at $60k.

but the main part.. the hodl part.. thats the important part.

[Chibit01]

As a former gambling addict I can categorically guarantee that BTC is not gambling.

In gambling almost always the house is the winner not you and/or me.

The only way I would lose (and even then it would be minimal losses) is if BTC drops below the price I bought in.
That was 3 digits.

I think the chances of THAT happening are less than 10,000 to 1.

I like how you put it and if Bitcoin were a brand, you would be one of the ideal ambassador to represent it. Your comment above counters the misguided critiques and excuses from Bitcoin skeptics. With Bitcoin the only true losers are those who given in to fear and sell below the price they bought it at due to FOMO and FUD.

Gambling, speculating, investing.

Gambling on one end is the equivalent of throwing a die in the air and hoping it lands where you want it to. In contrast, investing is buying an asset that you can logically justify has a chance of increasing in value over the long term, all while accepting a level of risk that you consider reasonable.

Putting money into crypto assets is speculative at this stage as it holds characteristics of both gambling and investing.

One can justify that certain crypto assets have a chance of increasing in value over the long term. For instance, if mass adoption were to take place. However, gambling categorisation comes in because significant blindspots don't allow individuals to adequately consider the level of risk, such as how governments will choose to regulate crypto assets and which crypto assets (If any) garner mass adoption. These unknowns can have significant impacts on pricing.

I hope this helps us to understand the difference that when you hold bitcoin and when you stake bitcoin

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[alastantiger]

to be fair the current strategy of someone who acquired coin at sub $1000 usd will be somewhat different in someone who entered at $60k.

but the main part.. the hodl part.. thats the important part.

You are right. Different individuals with their own unique strategies.  

Whatever happens, the mantra is hodl until forever ends which is the the individual's point of satisfaction with their asset accumulation.

[heslo]

Eat shit Craig,you aren't Satoshi and now it's proved in a court. Welcome to law you fucking clown

https://twitter.com/BitMEXResearch/status/1768263295666938277

I followed this trial closely and watched the stream most days, the whole process was extremely cathartic and I hope now he suffers under the full extent of the law for all his forgeries and lies

[philipma1957]

Shit coins are equivalent to gambling and gambling is for losers. One can invest few bucks in shitcoins for fun but real focus and most of your capital should be going to Bitcoin alone. 1 bitcoin is difficult.

Investing in bitcoin is also gambling.

YOUR RIGHT!

Only your the HOUSE.

If you are the house the odds are in your favor.

If you are gambling the odds are against you.

[xhomerx10]

Shit coins are equivalent to gambling and gambling is for losers. One can invest few bucks in shitcoins for fun but real focus and most of your capital should be going to Bitcoin alone. 1 bitcoin is difficult.

Investing in bitcoin is also gambling.

YOUR RIGHT!

Only your the HOUSE.

If you are the house the odds are in your favor.

If you are gambling the odds are against you.

 If I had a merit, it would be you'ares.