Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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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?
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?
So far, they're all holding it tight. Most even placed laser eyes (which honestly just makes me more confident in the "top is in"
).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.
LMAO, doesn't look like a decent way to talk to a pal after a year or so.
Of course, it's NOT the "major" place where I've diversified my portfolio. However, it consists of all the funds that I may use within the crypto space in the future in the scenario of a flash crash. A USDC/DAI pool earns bucks for me whenever someone swaps DAI for USDC or USDC for DAI on Uniswap. P.S. it currently costs about $500 to get your funds out of it or to get your funds in it.