Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
AlcoHoDL
on 30/05/2021, 06:19:51 UTC
⭐ Merited by JayJuanGee (1) ,bitebits (1)
@JJG & @bitebits:

Thanks for your posts regarding my cousin's coinage situation. ("coinage", "coinery", "thinkenings", I like it!).

I really don't have any spare time at all for posting in WO right now. Too busy with a very important technical document at work (can't disclose much, but suffice to say that it concerns national security, and people can die if I make a mistake).

As bitebits pointed out, my cousin already got his first 0.1 BTC in the beginning of the month (spent $6k for it, which could sound absurdly expensive to noobs—read this in a couple of years, noobs), so technically he's already a coiner, albeit a teeny weeny tiny little one. He wired another $6k to buy moar (so, a total of $12k invested, with half available for new coins). Luckily, for him, yesterday corn dipped below his first limit order ($3k @ $34,100), so his order must have already been executed, raising his stash to 0.19 BTC. Not bad. Not bad at all. There is another limit order set up for the remaining fiat ($3k @ $30,500), which looks like it will never be executed (but, never say never again, says Sean Coinery).

My cousin may have gotten lucky this time, but I still (and likely always will) maintain my position of "the best time to buy BTC is right now". Waiting for a dip is more or less like rolling a dice, and, as such, you never know what you're going to get. Of course, there are times when a short-term trend is forming, when you could (coulda, shoulda, woulda) do dis and do dat, but no, I don't want to do dat. I just buy when I can, and HoDL what I have. Has worked for me nicely over the years, won't be changing my strategy any time soon.


@Arrie:

Some friendly, "no offense" suggestions: get a new, modern laptop ASAP, costing no less than $800. Enable Wi-Fi in your home. Enable Windows Updates. Microsoft doesn't care at all who Arrie is, and will not attempt to attack you or extort you, but hackers could, if you don't receive critical updates. If you leaved your Volvo (was it a Volvo?) unused in your garage for 3 years, would you expect it to start up straight away? Computers are not perfect, and they are extremely complicated things, totally different from a stereo system. Your computer (even the very old one you currently have) is orders of magnitude more powerful than the computer on board the Apollo spacecraft that took man on the moon. Appreciate it for what it's done for you over the years, but also upgrade/replace it what the time comes, to make your life easier. See the glass half-full and hot half-empty, try to be less grouchy, and enjoy your newfound hobby of 3D printing.


Back to work it is for me... Keep on doing what you do, WOers!