Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Well, I was going to retire on my holdings and I still could easily enough, but, that would mean I wouldn't be DCA anymore. If this is a bear market, I don't want to miss the opportunity to stack more sats. I'm still young enough so why not.

Hm. One problem with waiting is that each day of your life is another day gone forever that no amount of $$$ or BTC can ever bring back.

Another is that once you decide to do it there's a fair bit of prep work you need to do before launching into retirement or whatnot. Tax thoughts, personal thoughts, what you might want to do thoughts.

Might be good to just cash out enough for a few months, quit, and see how you like it. Worst case you get a better job. :-)

sO TRUE... ALTHOUGH IT'S QUALITY BLACK TAR HOPIUM AND TIMES ARE HARD. wE IDTIO mAXI NGU-ERS HAVE TO COPE AS HARD AS WE CAN AS WE GO DOWN 85%. Grin

Part of the fallacy would be to presume an 85% correction without a sufficiently large blow off top. It's hard to put $69k as such a sufficiently large blow off top, especially since we already had a 56% correction from almost the same number in May/June/July.... ...

But, hey, peeps can conjecture what they will in terms of how like anything close to an 85% correction would be at this time, and surely 85% correction from $69k does conveniently put us in the $10k range, and maybe that's part of the reason that there is so much hopium of some folks that BTC actually has any kind of a chance to get to those levels.. good luck with those numbers folks, you are going to really need it..

For sure Raja_MBZ has closer odds with his hope for the BTC price to reach the 200-week moving average.. which still seems that he is going to have troubles with that .... but at least the 200-week moving average is a wee bit closer than $10k-ish.... it's currently at: $19,200