Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Now that regular Joe was introduced to bitcoin over the last 8 months and there's quite a few more waiting to BTFD, I'm expecting up to have the lesser resistance over the coming months. If we are to drop into the lower 5k ranges, I suspect its going to be violent.
There is also a possibility that those 80% expecting further BTC price drops are going to get fucked out of their "cheap coins."
There were folks waiting in 2015 for cheap coins, and did not appreciate $200s as being cheap enough for them.
That's me you are talking about.
Then I bought shit ton of bitcoins above $5k and my average is 3k now. It is OK, past is past and there is nothing I can do for what happened already, what matters is the future. Now I am a member of Hodlgang.Elwar said something pretty accurate a few pages back,
Throughout the last year I was told how "lucky" I was to have so many bitcoins. They wished they got in so "early" like me, that they were not so "lucky".
Think of all of the people selling right now. Think of all of the people buying right now. The people selling are doing something easy. The people buying are doing something hard.
Holding BTC right now is hard, it's not easy. When you do something that is hard and are rewarded, that is not luck. That is a reward that is earned.
I have earned every bit of what I have, and then some, having been through these tough times several times and not buckled.
I am not lucky. I am strong.
Think of all of the people selling right now. Think of all of the people buying right now. The people selling are doing something easy. The people buying are doing something hard.
Holding BTC right now is hard, it's not easy. When you do something that is hard and are rewarded, that is not luck. That is a reward that is earned.
I have earned every bit of what I have, and then some, having been through these tough times several times and not buckled.
I am not lucky. I am strong.
That's why early adopters are rich. They took the risk I refused to take back in the day.
If you think $5-6k isn't cheap enough, you'll never get rich.