Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 16/01/2021, 04:16:22 UTC
It's a surprising powerfull dip today. Anything about Tether? Or the end of Rippel-Trading on Bitstamp?

It's just a buying opportunity Smiley

Indeed BTFD opportunity occurs

I did buy dee dippity... ... but it is not like anything new for me.  I have a system that gets tweaked from time to time, and the orders get triggered upon a certain level of BTC price movement.. and in this case, there were a few sells that took place yesterday (or was it the day before) between $35k and $40k, and then there were BTC buys from about $37,500 to about $34,500 and then there was another sell at about $37,000.  Just a lot of BTc price movement within the range, and the orders get executed and the ONLY real work to stacking the additional value (weighted towards stacking BTC) is just to reset the orders once they execute.. and so otherwise just "free" money because I don't really give any shits which way that it goes.. my orders are set by me in such a way that I do not really care which way the BTC price goes.. and sure, I am kind of assuming long term UPpity.. but if it happens to go DOWNity instead of UPpity, I have orders already set down to $9,500-ish.. not that it is going to go that far DOWNity.. but if it does then my orders execute along the way...

NOW, of course, if the BTC price threatens to go below $9k, then I have to scramble a bit, and surely I might start to get a bit worried if the BTC price were to go below $15k-ish.... otherwise, there is a bit of an attempt at emotional neutrality.. even though UPpity is surely preferred to DOWNity.. and gosh, it seems to be become less and less probable that we will even be revisiting $25k or lower (such as within no man's zone - that we have kind of forgotten about no man's zone, haven't weeeeeeee... hahahahahaha).