Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
prophetx
on 16/07/2019, 23:27:54 UTC
Well I did my part guys. Bought a whopping 0.1BTC.
That should stop the rot.

Wishful thinking and delusions of grandeur.

Hey.. .do what you can do.

I think that several of us might be playing around with those kinds of ongoing small numbers that also can add up to a lot of value in the process of stacking.

I recall in about mid-to-late 2015, I was setting up my various buy and sell orders, and even playing around with $5 increments and I could only authorize myself to sell very small amounts, because some of my BTC portfolio had buy amounts that averaged something like $500 which was way more than the then BTC price of about mid $250-ish... so I authorized myself to sell such small amounts that were based on purchases that I had made that were sufficiently below the then BTC price.

My then girlfriend would ridicule me on a regular basis that I was wasting my time with such small amounts of selling and then subsequently buying.   I kept telling her that it adds up, and really I am practicing and also generating a kind of insurance that is based on several calculations that include the size of my total BTC portfolio and also how much I make on paper when the price goes up .. but in the end, the goal was to both provide downside insurance and to stack sats (even though such "stacking sats" expression was not then in vogue).

Yes, and even after my laddered sell/buy apprentiship I kept being careful not to put the stack at risk and also being happy with as I call it, "Dust collecting".  Cheesy After all, it makes 10% or something like that over a year... .

What do u mean 10% a year?