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.
Perhaps one could read some humor in that.
Like ground's hog day.... just keep doing it over and over and over until you get it right. One of the problems with that fiction of ground's hog day is that in the meantime, you are getting older, so you don't get another opportunity to go into the stream at the same place, because the water is a bit different.