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

Hello..

I have been searching this forum for a while now so how come this is the biggest thread in the whole forum? you are constantly posting speculations on the Bitcoin price?

ignore list ! bcz of what is this attitude !

Oh no, i did not mean any disrespect or whatsoever ! I just had no idea how to join this conversation then i randomly typed something... facepalm x2 & sweating bullets

Ignore the fucking retarded one who goes by the name B1tUnl0ck3r.

At best, B1tUnl0ck3r is a contra-indicator, but most of the time, especially in recent days, he is rambling garbage and mumbo jumbo that is largely indecipherable. (Edit: I see HairyMCbairy already mostly said this)

Regarding buying into bitcoin, you are never too late... .including getting started today. There is an expression in bitcoinlandia that seems to be quite true, which is when is the best time to buy bitcoin, and the answer is that the best time to buy bitcoin is yesterday, but the second best time to buy bitcoin is today. Cheesy

You should consider your plan and dollar cost averaging is one way to get started into BTC, and attempting to front load is another way to get started.

Those methods can be combined, but if you merely buy some BTC in order to get a stake in it, and then dollar cost average over 5-10 years, you are likely to be very prosperous by the end of such period... but of course you have to take responsibility for any decision that you make and to make sure that you are comfortable with whatever plan that you develop follow and tweak from time to time to conform with changes in your personal situation including cash flow, other investments, views on bitcoin, risk tolerance, timeline and your skills and talents involving how much time that you have for learning or practicing your skills towards bitcoin.

Just by coming to this thread, you are ahead of the game. It takes a while to learn by experience, including setting up accounts, figuring out your cash flow issues and just not making mistakes by getting too emotional, getting into shitcoins or getting too impatient with attempts to get rich quick temptations.

Seems to me that the smartest of BTC investors (or maybe the most lucky) over time are ones who first engage in a learning and accumulation phase, and maybe as they learn they might figure out better and better ways to accumulate without taking too many risks and mostly buying and HODLing.

Once you accumulate enough BTC up to a certain level that you are comfortable, then you might engage in some more risky strategies including investigating to shit coins, to the extent that any might still exist by the time you largely have accumulated BTC up to a level that is comfortable for you.

Well i do not think he is retarded, he was right i did came in a bit harsh..

I wish i could buy any Bitcoins but we are really bankrupt.. we can barely buy food with chump change we have left when paying all the bills then the food and water... its harsh to take care of all family members with no salary. Lost my job 1 month ago in auto industry -.-"

But i will hustle to get some Bitcoin i think i can do it.. I would be willing to accept a job here if anyone knows for any !

I think i will be dead in 5-10 years lol not even joking. But i am willing to learn about this new technology and that some ..

O.k. Well if you do not invest at all, then you are going to have a lot more difficulties profiting at all from bitcoin, except for the overall infrastructure and general system incentives that Bitcoin creates that will likely motivate all currencies to become more sound in their money practices.

Of course, with any investment, you have to make sure that your basic expenses are covered first, and you also have to have some liquid emergency funds available to make sure that you are not stressing or desperate about shortages of cash flow.. So Yeah, if you hardly have any cashflow than it is going to be more difficult for you to stack away value in bitcoins, whether merely $20 a month or whatever small amount might work in order to stack a side reserve in an asset that is quite likely to hold its value and to appreciate in value.

I understand that some people have a timeline that is even shorter than 5 years or they might consider that they could be dead in that amount of time, so in those circumstances their investment strategy might change including putting very little into bitcoin and maybe just keeping some money in cash.

I do accept that you have some challenging circumstances if you are having quite difficult times in stashing away any cash or value or an inability to save, so one of your first priorities might be to figure out how to increase your incoming cashflow and maybe even to reduce your outgoing cashflow, to the extent feasible. Each person likely has measures that s/he can take to improve these matters or even figuring out ways to plan ahead, but if you get to a point of total exhaustion of methods to be able to create a savings plan into bitcoin, then I agree it is going to be harder for you to profit as much directly from bitcoin as compared with someone who is able to generate enough surplus cashflow in order to be able to stash some of the extra savings into bitcoin... even if it is only $20 a month or whatever is reasonably and feasibly possible without risking too much regarding maintaining a decent cash reserves for emergencies and for monthly expenses, food, water and shelter, as the most basic of needs.....