Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Not planning to buyback unless it goes back to $4k which is pretty much impossible.
If you are even 50% sure about this scenario then plz buy some and forget about it, if not then Best of luck for your future endeavors.
He has painted himself into a logical corner, and he is not likely to buy back shit, even if BTC prices were to go back to $4,900, it would not be enough for him because he would still be in a loss, and then if prices were to go to $4,500, that would not be enough because it is merely just breaking even for him, and the price could go lower..., and if the prices were to go to $4k, then he would not buy back either because it is too close to $3,850 which means that the price could go lower... etc etc..
Yep. You got the picture. That's why I am only DCA'ing. I just erased my past bad memory. Starting from 2017 in 2020 again.
I'd rather DCA. 50 bucks week. Not planning to buyback unless it goes back to $4k which is pretty much impossible. If it goes that low again you can be sure that it won't stop there so... DCA is the way. No dip buying, no big buying. 50 bucks week and that's it.
Even if goes below $4k again, I am not willing to risk more than %10 of my cash this time. I was too careless last time especially in the last months.
Waiting for a double price from here is gambling. I am fucking done with gambling.
Even if goes below $4k again, I am not willing to risk more than %10 of my cash this time. I was too careless last time especially in the last months.
Waiting for a double price from here is gambling. I am fucking done with gambling.
Honestly after all whats said and done, if I had you in front of me, I would bitch slap you till you bought at least 50% of your coins back, i.e. 5, at these prices.
You did say you would ride it to zero, so fucking ride it to zero.
How can you keep on doing it wrong man?
I could ride it to zero before I spent too much cash on it. I was DCA'ing happily. 1 to gold, 2 to cash, 1 to btc. In time BTC started to go up and up and up and lately It was all btc and 0 to gold, 0 to cash. (then my saved cash started to go to btc too) That was a mistake.