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

Seems to me that I sufficiently believe in BTC as much as most of the most ardent of BTC supporters, but surely that belief should not result in my employing more gambling and/or risk than I would prefer to employ, if I can avoid it... Therefore, I do not want to put myself into any more stress than i need to.

Yeah, I did not want BTC to go below $5k and I believed that it had pretty damned decent chances of NOT going below $5k.. but it did, anyhow. Fuck that, but that is this kind of market.. cannot really know anything with any kind of meaningful level of confidence.

So, yeah, I have Buy orders down to $3k currently.. and really I do not want to inject any more fiat into this, but I have some fiat that is already theoretically allocated to BTC... and yeah, I will likely transfer half or so of that fiat to one of my exchanges if the BTC price breaks below $3,850 again... NO, NO, NO... I don't want the god-damned BTC price to be dipping below $3,850 because I do not want to transfer that money.. but fuck, I already have that tentative plan.. which is a hopefully it does not happen, one....

Anyhow, that transferred in money would be to set up buy orders for below $3k.... Yeah. .I do not want it to happen, but BTC does not give any fucks about what I want.

Point is that "all in" is NOT the only strategy, and ONLY ends up being "the best" strategy, if you happen to end up being correct in a kind of gambling outcome.. which currently seems to be around 50/50 at this time... Nonetheless, I do happen to understand that it is NOT going to make a whole hell of a lot of a financial difference if you (or I) buy at $4,700 or $3,500, but it seems to me (projecting into the reasonable what-ifs) I am going to feel way the fuck better psychologically if I have money to buy in the lower $3ks, if the BTC price goes to that outrageous range rather than running out of money.

I have run out of money on several occasions in the past (at least resorted to more rationing than I would want based on NOT wanting to run out of money to buy BTC), and even in recent times, I have been kicking myself a little bit for having to ration my dollars as much as I have had to ration them in order to have more ability to meaningfully buy BTC than merely symbolic buys in the sub-$5k prices (that I had hoped to fuck would not have come, but those sub $5k prices did come, as we concretely and experientially know). I cant help butt into Slayer's conversations w my boring strategy droning. I will try an work on this bad habit.

Thanks buddy. Wink

Thanks for what? ~~You seem to have inabilities (could be just lack of desire or even desires to misinform) to grapple with actual facts and logic, unless you are merely selectively choosing or making shit up.~~ For keeping the oceanic ecosphere intact with the salt from my vagina?

Yes, among other things.