Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
[...] every BTC I've ever spent has come back to haunt my ass. Panic'd like a small 9-year-old girl (with screams) when I sold 13 BTC last year on
12/24/19 when BTC was $3,965.00 USD. Groan! I managed to thru dumb luck equipment sales and such to get back 4 BTC from such. But it really sucks. So yeah, its a gift, my
ability to sell at the wrong time or get 'dubious' ASIC equipment. The above wallet is NOT my hoard however, just what was emptied to add to such Hoard in 1 address.
[...]
shriek like a 9-year-old yet again). Rinse/Wash/Repeat. As you can see my 'strategy' is very sophisticated, don't ya know.
So like 5 out of 5 selling BTC at the wrong time and never to recover vs HODL mode (soothing). So yeah, I got 'issues' with BTC your merciless bitch!
heh yeah the 1st time panic mode kicks in.. welcome to the show.
ive never panic sold btc but, like you, ive sorta "panic bought" things, which is basically the same. of course in 2011-2013 or so there was a lot less confidence in btc so the ability to turn majick internetz money into real stuff was an easy sell.
ive looked up my prev mining addys when i gpu mined btc as i wanted to sign messages saying those addys were mine for various purposes if needed. cringworthy is an understatement as to the amount btc that i mined. ive got a small fraction left, and thats all that matters. its a win in my book. no regerts.
TL;DR: HODL is the best stratagy.