Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by Paashaas (1) ,Heater (1) ,HairyMaclairy (1) ,somac. (1) ,vapourminer (1) ,Toxic2040 (1)
Although I see some weak-hands-whiplash during the night, now we are back above $18K. I still can't believe that so soon after the mostly bearish 3 years we are here - well above the 2x line. I mean for someone with 120% savings into BTC, it was quite exhausting to check the price over and over again and see that it either can't hold $8K, or even makes endless barts around $6.4K.
And that night in 2018 when we fell to $3.1K. Geez! I couldn't sleep well thinking from where I can get more fiat to buy the dip. Back then the banks didn't offer big loans with good interest, or at least I didn't know about it. So I've drained my both credit cards although the interest of the missing sum was 14% per year. I was 30% below my average investment price. I remember when I went to the market I didn't buy some expensive food, because I was so depressed. I continued to DCA until I decided to take a small loan with 4.9% yearly interest in early March. I had the opportunity to take 5x bigger sum, but I decided to wait in case some crash follows. So I've bought between $9K and $7.7K. Then the most dramatic crash I've witnessed happened. But this time I was so used to crashes, that I said to myself: meh, if this price holds for several months I will go to the bank for the new loan. But now I don't want to risk getting covid infection.
So I continued to DCA and in the summer an unexpectedly big profit in gpu mining allowed me to get even more BTC's. I know it is best not to sell anything untill 200K, but... because of my belief in Bitcoin, I took a bigger risk with these loans. So, I've decided to sell these coins, they weren't mine after all. So the bank will get from me several hundred bucks, while I get from it several tens of thousands
It is time for me to close the loans, replace the damaged hardware and to learn how to hodl in exponencial growths. Man, this is harder than I thought! 30K, 50K, 100K, ... how I will resist the temptation to sell too much too early, I don't know. The problem is that I have only one dream - a big luxury house or a villa at some paradise beach/island. No more greasy streets, dull life and stupid bosses and people around me! I just need to summon all my mental powers so that this change will cost me like 1/5th of my stash one day, when we are well above 100K.
And that night in 2018 when we fell to $3.1K. Geez! I couldn't sleep well thinking from where I can get more fiat to buy the dip. Back then the banks didn't offer big loans with good interest, or at least I didn't know about it. So I've drained my both credit cards although the interest of the missing sum was 14% per year. I was 30% below my average investment price. I remember when I went to the market I didn't buy some expensive food, because I was so depressed. I continued to DCA until I decided to take a small loan with 4.9% yearly interest in early March. I had the opportunity to take 5x bigger sum, but I decided to wait in case some crash follows. So I've bought between $9K and $7.7K. Then the most dramatic crash I've witnessed happened. But this time I was so used to crashes, that I said to myself: meh, if this price holds for several months I will go to the bank for the new loan. But now I don't want to risk getting covid infection.
So I continued to DCA and in the summer an unexpectedly big profit in gpu mining allowed me to get even more BTC's. I know it is best not to sell anything untill 200K, but... because of my belief in Bitcoin, I took a bigger risk with these loans. So, I've decided to sell these coins, they weren't mine after all. So the bank will get from me several hundred bucks, while I get from it several tens of thousands
It is time for me to close the loans, replace the damaged hardware and to learn how to hodl in exponencial growths. Man, this is harder than I thought! 30K, 50K, 100K, ... how I will resist the temptation to sell too much too early, I don't know. The problem is that I have only one dream - a big luxury house or a villa at some paradise beach/island. No more greasy streets, dull life and stupid bosses and people around me! I just need to summon all my mental powers so that this change will cost me like 1/5th of my stash one day, when we are well above 100K.