Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Even if it goes back to $10k, I am HODLing, will keep on buying coz I am proud to be the first 1% in this technology. 
I admit that my buy orders run out at $20k, so it would be a bit of a dilemma for me.. regarding if BTC prices were to go down that low.. .and I have even been giving some thoughts of pulling some of my buy orders between $20k and $27k.. and hopefully that would not be too fool-hardly.. so in that regard, if BTC prices were to stay below $20k for more than a couple of weeks, there might be some questions regarding the overall investment thesis..
Of course, getting below $27k and staying there for a bit of time, even a few months would not be completely out of the realm of possibilities, but that also seems like a bit of a long shot scenario that may well put some aspects of bitcoin's investment thesis into question...
I will believe it when I see it (that is if I see it), and surely there would be some need for analysis and maybe even trouble shooting regarding how some of the financial instruments are being used.. and maybe even perhaps some needs for the community to reassess if there might be some higher (considerably?) value that is needed to be given to coins in your possession and if there might be some weirdness going on with attempts to debase bitcoin like had been done to gold and really seems to be a lot more difficult to achieve in bitcoin, especially if people (HODLers) are recognizing the value of directly holding their keys and pulling them away from third parties if there seems to be too much fuckery going on in regards to seeming inflation of the BTC supply (which is likely already happening, but it remains questionable whether such fuckery is really going to be able to keep King Daddy down).
rather than 20-27
shift to 18-25
and if you have some 38-42
drop them
or not.
Yes.. I have from $41k down to $20k currently at $1k increments, and you could be correct that we get down to $37k, yet I hardly ever move my orders around once I establish them..especially some kind of conjecture about whether the bottom might NOT be in yet kinds of claims and assertions. So many times, I have seen the reversals happen way sooner than anyone expected, and i hardly give any shits about if I might be able to buy more at a lower price compared with my already going to be buying at greater than 39% dippenings, if we end up going into the $41ks and below.
Of course, you could be engaging in some level of misinformation, but if I take you more or less at your word and your various representations over the years, I seem to be in a decently different place than you in terms of how I am attempting to use the buy orders.. and 1st not really considering lower $30ks to be too likely and not really feeling that I have to do anything in terms of preparations in the lower $20ks.. but yeah of course, if we end up going into the lower $20ks then I might need to reconsider some aspects of my cashflow.. and surely it is not any kind of desperate situation.. unless for some reason BTC were to trade below the 208-week moving average for any kind of extended period of time, and currently the 208-week moving average is at about $19k.. and it is still moving up decently well.. including that even our current trading prices of $43k-ish is still more than 2x higher than our current 208-week moving average price.
I just keep the $50 a day going
Nothing wrong with that, and as we discussed before, it does have some decent ongoing potential to put you in a decent place in a quicker time with the BTC prices down.. but also if you are able to sustain it, then it should serve as a good supplement to your various sources of revenue/cash in the 5-year timeline that you previously mentioned.. which was early 2027 if I recall.. but anyhow, I am not really in any kind of position that I really feel any need to engage in ongoing DCA.. especially given my overstocking in 2014, 2015, and 2016 and probably some of my stacking of more sats than necessary through some of my ongoing practices too.. since 2017.. which even if there were some horrible/emergency situation and I was forced to cash out some BTC on a sub $20k dip, its still at least a 20x price appreciation.. and it's not like I feel any kind of BTC shortage.. but yeah sure, if BTC prices dip to such low prices, there would be reluctance to sell.. but it is not like my own portfolio is in any kind of bad place even considering such hypothetical price in which the BTC spot price were to meet the 208-week moving average way earlier than expected. Raja_MBZ would love it, but it just seems like a very BIG long shot at this point in the cycle (or whatever we might be calling this place where we are at, currently).