Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 22/02/2021, 01:50:53 UTC
These people who sell are always a step ahead. After 8 years of hodling I was ready to sell my first small amount BTC (not the one I bought Oct 2020) at $59444. And they knew many people will sell at 59k ish so they started the sell off at 57k  Roll Eyes Now I will rethink if I sell below $99k  Cool

How about don't sell at all. At these price levels, there are ways to make an income of 10s of thousands USD a month on your exsisting stash without selling. This applies to stashes under 10 BTC too. Life is good at these levels.

That shock from the 2017/18 bull run dump still sits very deep. Even though the 2013/14 dump was bad as well, 2017/18 was a real shock.

Objectively speaking the 2018 correction was NOT as deep or as long as the 2014 correction.. so not sure what you are saying exactly, except that some people may have taken steps to make one worse than another or "shocked" in some other kind of emotional way.. which is NOT really looking at the matter from a more objective perspective.

Taking profits in case of a surprising dump is not bad.

Perhaps?  But there are people who do not take profits in anticipation of a surprise dump and they ride it through, and so far bitcoin's history those people have done pretty well, and sometimes even better than those who made short term profits by fucking around in ways that may have been greater than anticipated and then if they profit they end up doing it again and again and again, then end up losing way more value than if they would have employed a lot more straight forward strategy, including buying on dips, DCA and HODL.. .. in other words, selling to buy back cheaper may or may not play out and may have much worse results when it is repeated several times.


I know we will pass 100k. But I believe we will see a bigger dump before we pass 60k.


Good for you to know the future.  You are probably really rich because of such talents that you supposedly have.

If 2013 cycle repeats the real run will be in the end of the year.

Sure.  As long as you put a BIG "if" in there, then you might be somewhat o.k... but you sound like you want to gamble.. hopefully you do not lose too many of your coins (to the extent that you actually have any) with such a planned play.


And between March until end of summer it could be bearish.

It sure "could".. but it might not, also.  So what you gonna do about the variety of possibilities?  You are ONLY going to play one direction that "could" happen, or do you have a better plan than that?


At the end, we are all just speculating.

This might be a place in which the "royal we" does not work so well, especially when it is purported by a gambling dweeb who likely does not even have a very good BTC accumulation plan, amiNOTrite?


Some are good at it and some not.

Actually, that is likely true.  Some people have better plans than others.  I have a suspicion that you are probably not very good at speculation, especially given some of your historical posts... so I have my doubts about whether you are a good source for framing "perspectives" in regards to lilie fiend.

Edit: I am also curious about that income you talking about.

Another one distracted by possible income - which is probably a sign that you have NOT accumulated enough bitcoin over the years.. sucks to be uie.  By the way, am I getting you mixed up with someone else?  Maybe I am, but hey... these posts are public, so some of your ideas are coming off as a bit weird, which may explain some of the content and tone of my post.