Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
~snip~
Wow, buddy... This one has a real chance of launching you into being the next Mindrust.
Wow, buddy... This one has a real chance of launching you into being the next Mindrust.
Haha, so is he still a no-coiner? It'd have badly hurt to see all the epic parabolic action being designed by a number of institutional investors.
I'm pretty much a no-coiner too right now, & literally, all of my "poor" friends in Pakistan are currently coiners (most of them bought above $50k). But I'm in a position that even if it keeps going up, $100k or $200k, I'll just cheer for y'all!
The chart pretty much looks topped out to me, so I'm keeping my George Washington papers.
I doubt that anyone has a problem for cashing out a portion of your stash - even if you end up being wrong... but cashing out everything seems a bit short-sighted even if you have around 5x profits at the cashed-out price.
Time will tell how it works out for you, and you know that it is possible that we get up and down price movement, that does not come back down to $50k.. time will tell about that, too.
By the way, what do believe that the guys who had bought into BTC at $50k should do? keep buying? Surely not sell, right?
Surely your earlier mentioning of "Uniswap's USDC/DAI" does not seem to be either on-topic here nor a better place to rest your value.. including resting your value in the dollar (and sure that USDC/DAI is likely pegged to the dollar and maybe you are earning interest on it from where ever you are storing it? in dollar equivalents. if you don't lose it from the third party, right?).. but or whatever currency you cashed out your $50k BTC for.