now the try, to get the day candle under 50k ... btw on low volume
and there's minor resistance at $50k as well.
hope we stay above, that would be a bullish signal ...
"We" do not need to stay above $50k to already be in a bullish place with bitcoin.
Maybe staying above $25k remains a bullish signal? In other words, not much is needed to stay bullish if you zoom ur lil selfie out.. but I will say that even a 45% correction (which would be around $32k) would be quite amazing, shake a lot of weak hands, and cause a lot of doom and gloom prospecting.... I have hardly any clue about if a $32k correction is feasible or reasonable at this particular time, but it may well not even take away from "bullishness" diagnoses for the current state of bitcoin.... dee king of our daddies.
For me, Bitcoin has "bought" me the most important thing in the universe: time, and the peace of mind that I can survive and do anything I ever wanted to do, without having to work for it. My life is already full, no need for Lambos or lakes. I own two wonderful houses, one in the city, another in the countryside, right next to a beautiful beach. My car is 6 years old and in pristine condition. Frankly, sometimes I'm trying to think of what to buy, but I'm out of ideas...
tl;dr: The most important thing that Bitcoin can buy, is TIME! The time one needs to do the things that really matter (and these are almost never material, although most people have been conditioned/brainwashed to think they are).
Thank you, Bitcoin!
I screenshotted this and sent it to my wife, because that's exactly my thinking and my dream.
I have a good job, I've made some career and my spending capacity increased, but all that I am able to do with it is to buy things I don't need to relieve the stress of increased responsibilities at work. I cannot buy time, only sell my time for money. And I cannot even choose how much time or when, because responsibilities and such.
I am not becoming rich with my salary and i will not be able to retire early, that's just a decent salary for a middle class life. Projections says I will be able to retire at the age of 70.
Bitcoin is my last hope to live a full time life.
Well, you have been registered on this forum for 7.5 years, so maybe we need to presume that you have fucked up a lot.. but there remains no time like the present to get the fuck started and to do the thing that so many of us have been suggesting as prudent for many years.
We can see that $50 a week for the past 7 years would put you at more than 21 bitcoin (close to 22 BTC).. so that would not be a bad place to be right now in terms of accumulating a BTC stash with a decent amount of prudence along the way.. but even if you ONLY have been able to accumulate half of that, you should NOT be in a bad place.. but if you do not have enough bitcoin.. and you believe that less than 10 is not enough (for example), get the fuck started with DCA'ing with $50 per week or whatever is reasonable and prudent for your circumstances..
Sure, I have no idea about how old you are right now, but if you have a 4-5 year or more timeline (in your example, younger than 65 would work), then get the fuck started with DCA and just continue with it, even if it is just $50 per week, but perhaps you can do more.
And like I said, if you have been in bitcoin for more than 7 years, something like 20 or more BTC should have been able to have been established with a quite a bit of prudence.. so anyone here for that long.. is going to have to start out their posts with "I fucked up a lot.. blah blah blah" and then go from there.. or at least maybe explain that you had only been able to do $50 per month.. which would still be something like 5 BTC or more.. which also would not necessarily be a bad foundational point.. but also a realization that maybe the DCA game needs to be stepped the fuck up, because it is still not too late to complement whatever BTC that you do have in order to stack a few more BTC especially if you are able to muster a 5 year or more investment timeline.. which anyone below 65 should be able to do that if they have dire circumstances of having to have to work until 70-ish to maintain a livable income.
Am I being too harsh?