Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 19/04/2022, 20:32:08 UTC
This man here bought 18,600 BTCs at $63k.
Current Loss: -404,775,658.1 USD

https://bitinfocharts.com/bitcoin/address/3K5dmrkBMS8ZVgERMLwiw7PJuG8GWTbo8e

current loss = zero


he is hodling.

and he now has the opportunity to buy in at 41k

thus the 63k+41k = 104K / 2 or 52k price for break even.

That is exactly correct philip, and surely a real world demonstration to help to establish some of the benefits of incrementalistic investing rather than lump sum investing.