Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Toxic2040
on 11/01/2019, 18:44:31 UTC
⭐ Merited by JayJuanGee (1)
Ok so Ive been invested in BTC since 2018 with an average cost basis of about 8k per coin. Sadly I dont see how we arent going to have at least one more huge move down well below 3k. I have orders to buy 3 more coins if we hit 2k. I dont want to sell rn but I am considering taking out a short position here. I believe in Bitcoin, but Im tired of so much losing in my first year Embarrassed

Could a few members help me out and post their best argument for why we already saw the bottom, or their best argument of why we are gonna have another big move to new lows.

Thank you in advance.

Stop worrying about shorting the final gasp of the bear market and start thinking about when you are going to long the bottom and how you are going to do it.  Much more profitable.

I have thought about this, thats why I said I have orders to buy 3 more coins at 2k. Thats all I can afford to lose. It will bring my total investment to almost 40k. I will not invest another dollar after that. All ive known investing in Bitcoin is a terrible bear market and its hard not to worry as early adopters dump on my face Cry, but thank you for the advice.

Im interested in hearing other Bitcoiners best argument(s) as to why the bottom is not in yet(i believe it isnt but hope im wrong). If you have one id love to hear it. If not thanks anyway.

Get a fucking grip, Falcon Lover, over your own situation. 

Your continued whining (in a second post), after Hairybeary provided you with a reasonable response, shows that you are participating in this thread to merely spout out nonsense, and based on your assertiveness in this regard, including that you want to put the burden on others here to establish that the "bottom is in", shows that you are not really posting in good faith. 

Get a fucking grip.



I gave you a merit for having the balls to come in this thread and post what appears to be a succinct question. However, I would caution against using/posting monetary amounts and instead use percentages that indicate your portfolio allocations. Not only is this how gentlemen should behave imo, it is just good opsec that should be practiced by all. Especially when considering where you are posting such information. The merit and DT systems where put in place on this forum board for reasons beyond just identifying eloquent and prolific members. There are many colored hats that swim these waters...

Simply put..dont paint a target on your back if unnecessary.

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To answer your question beyond what the v8 said, Karhu demands blood...we are here to give when needed.


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Please let him keep playing

82% post flop...ouch.

+1 WOsMerit