Post
Topic
Board Speculation
Merits 5 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
AlcoHoDL
on 12/06/2020, 18:28:03 UTC
⭐ Merited by El duderino_ (4) ,JayJuanGee (1)
ending up doing a full mindrust and losing it all at the click of a button.

I appreciate that we have mindrust locked into a kind of historical moment of weakness, and probably there is nothing wrong with that picture of mindrust's actions because it seems fair and it works for illustrative purposes, even though mindrust has claimed to have boughten back into BTC... and maybe the degree to which mindrust has bought back into BTC is not really playing out to be newsworthy enough to change any of our view of going "full mindrust," and, likely a decent amount of time needs to pass in order to gain confidence and even some further BTC buying actions from mindrust should take place in order to show that mindrust has either redeemed himself from his past errors (or learned a significant lesson) or gotten back into a more solid committed mindset in terms of his whole financial and psychological approach in viewing and acting upon our savior, king daddy.   Wink

For the record, re. mindrust: I treat the "mindrust incident" as both educational and fun/meme material. It's all done in the positive vibes and spirit of the WO thread. Absolutely no intention to offend him. Not at all. If anything, I hope that mentioning his story, in textual, poetic, or meme form, can serve as a lesson to him, and to all of us really, to never let our emotions guide our actions, not in financial/investment matters anyway. Got to keep our cool and be guided by knowledge and logic.

Hopefully, all this will help him see that he must buy back, even at a much higher price than he sold. The thought of having sold at under $4k when 1 BTC reaches and exceeds $50~100k would be too much to bear, at least for me.