Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Its the best to stay away and stop with trading for ever for me. There is just that one moment when you finally lose your controll and pacience and start making stupid moves.
So i will build my cold stash (trying to increase it with 250%) with my fiat money.
So i will build my cold stash (trying to increase it with 250%) with my fiat money.
Just remember that holding also requires patience and control. It also requires sufficient resources that you don't have to sell during times of lower prices.
If you're barely getting by and see your holdings worth a fraction of what they were worth, it can be really hard not to sell, especially if you strongly feel the price will keep going down.
Those are the times you should be buying more, albeit incrementally keeping enough spare fiat on hand to buy if it dips further.
Accumulating fiat from your normal income during periods of flat or rising prices is a good policy. That way you're always prepared to buy the dip.
Just never sell.
ashamed to admit that i panic sodl at 950 when it first crashed down there about a week ago.
but i hedl my ground and bought back at about 910
lucky me.
also very importantly,
we seem to be almost out of the woods with this BUllshit Unlimited attack.
there seem to be critical mass of people who understand the importance of decentralisation. god knows how long we can prevent it though: the average bitcoin user will get stupider, and the attacks will get cleverer.
Almost out of the woods with BU? I hope so but people are still FUDDING the forum with stories about their hashrate & how many nodes they have. When will it finally come to an end so the price can start rocketing up again?