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

[greek_hephaestus]

My grandpa (father's side) passed away at 106 y.o. (born in 1899). Up to 105 he could function normally, with full mobility and good mental capacity. It was only for a few months that he was bedridden and he passed away peacefully in his sleep. Lived in the countryside for most of his life. We took him with us to the city during his later years to be close to him.

It is better to live in a village than in a city. It is much better to live in the free atmosphere of a village than in a city.
Living in a rural area is generally healthier, and people in the village tend to live longer than those in the city.
If we want to live a beautiful life from our own beautifully dilapidated life, it is definitely better to live in a rural area.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

good morning wo

buddy doubles have seemed to push us over 118K

I guess it is the new norm.


My hosted gear is doing well.

here is hoping for a smooth easy week

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Buddy pushes us at 19k

[hypebrother]

Explanation
Chartbuddy thanks talkimg.com

By the road, a beautiful flower.
Oh!
My horse ate it.

- BTCasho

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Cipherpz]

Following up on the most stupid bearish move made to date:
You can call me stupid, but being bearish in a bull market usually doesn't pay out, imho.
That's all, have a nice day, i'm going to work now, doing things very similar to what Phil did in the videos, while the war against Buddy silently rages on  

I was going to act like you did not say that, but I couldn't help my lil selfie.   

From my point of view selling at whatever price because you need the money, that is fine, and sure sometimes we might even trim off a few percentages of our stack.

However, selling to buy back cheaper those are rookie moves, whether we have reached over accumulation status or not.

Sure if you have reached over accumulation status, you have more liberty to throw away money, but still there really seems to be no need for that.

I know there are some guys in these here parts who do believe  (and practice) selling to buy back cheaper, and there may be a few who end up getting lucky with such a strategy, yet it does not seem like a good mindset... even though last time I checked we live in a free world when it comes to our choices of how to allocate to bitcoin and the extent to which we are buying, selling or HODLing it.

Life's needs come first—Selling to take profit or to save up some of your savings doesn't mean losing; it can be called a move.
Selling when the price drops and buying back later—this is only a novice mistake. If you have already accumulated wealth by buying regularly in the crypto or stock market and reaching a high level, then holding will be the real power move. That's why—buying regularly in the crypto or stock market and saving up wealth gives you freedom of spending, but it doesn't mean you have to reduce your savings unnecessarily."

It's okay to sell to meet your needs, but playing the sell-back buy game cheaply is often fraught with psychological risks. Some people may get lucky, but it's not a winning strategy in the long run. Ultimately, everyone will decide with their own BTC allocation that the HODL mentality is a proven strength over time.

[WatChe]

Phil was busy fixing a miner for a customer.

Phil will also be busy tonight as I am taking my wife out to dinner for our 39th year

anniversary.

Enjoy the dinner and happy anniversary to both of you.

I just have my 6th last week. Don't know whether I will last that long to celebrate my 39th anniversary. Wish me luck 

Best of luck.

I want to make it past 50 I would be 79 so it is not impossible.

Sure.

Lets hope to celebrate 50th and 17th anniversary together. When Bitcoin will be 1M.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Phil was busy fixing a miner for a customer.

Phil will also be busy tonight as I am taking my wife out to dinner for our 39th year

anniversary.

Enjoy the dinner and happy anniversary to both of you.

I just have my 6th last week. Don't know whether I will last that long to celebrate my 39th anniversary. Wish me luck 

Best of luck.

I want to make it past 50 I would be 79 so it is not impossible.

Sure.

Lets hope to celebrate 50th and 17th anniversary together. When Bitcoin will be 1M.

It’s a plan

[promise444c5]

So this current buddy state will last for how long ?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Theupdude]

I was going to act like you did not say that, but I couldn't help my lil selfie.   

From my point of view selling at whatever price because you need the money, that is fine, and sure sometimes we might even trim off a few percentages of our stack.

However, selling to buy back cheaper those are rookie moves, whether we have reached over accumulation status or not.

Sure if you have reached over accumulation status, you have more liberty to throw away money, but still there really seems to be no need for that.

I know there are some guys in these here parts who do believe  (and practice) selling to buy back cheaper, and there may be a few who end up getting lucky with such a strategy, yet it does not seem like a good mindset... even though last time I checked we live in a free world when it comes to our choices of how to allocate to bitcoin and the extent to which we are buying, selling or HODLing it.

Operating as a contrarian really is a counterintuitive concept when you see the bull market on full display and are trying to go against it, that is to go against the flow as the direction leading oposite is evident. I may not perfect calling every time but I am well aware that it is a dangerous game trying to sell to buy back at a cheaper price. Of course there are lucky people who have that strategy but that is not something I personally believe. When I am selling it is not out of a desire to outwit the market rather, it is because I actually need the money. And sure I might clip a bit off the top occasionally, but I am not out playing short term games with my stack. Even when I am at a stage that I have earned more than enough, the fact still remains that I do not see any need to spend money just because I like it. It would be best that I stick to my guns than run after dips that may never occur. It does not matter to me, people can do whatever they want with their Bitcoin however in my opinion, it would be the more cunning of things to stay quiet and remain on course.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

So this current buddy state will last for how long ?

don't know as Richie_t has not told us.

[Liocen]

Buddy pushes us at 19k

It won't work if you fall, if you stand up, you will have to walk to a faraway destination. The ants🐜 are coming to find out the way.

[promise444c5]

So this current buddy state will last for how long ?

don't know as Richie_t has not told us.

Will be worse in a long dip