Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Thank you
I appreciate it.
When and if BTC reaches 189k he will be up 2.3bill with an unrealized gain of course.
as 18 x 63 = 1.134 bill
and 18 x 189 = 3.402 bill
he can then sell 1.701 bill worth so that after taxes he would be close to the 1.134 bill he put in and also have 9000 btc worth 1.701 bill at no cost.
I appreciate it.
When and if BTC reaches 189k he will be up 2.3bill with an unrealized gain of course.
as 18 x 63 = 1.134 bill
and 18 x 189 = 3.402 bill
he can then sell 1.701 bill worth so that after taxes he would be close to the 1.134 bill he put in and also have 9000 btc worth 1.701 bill at no cost.
I clearly understand that part and I am sure no one can time the market correctly but don't mind me, there are various on-chain analysis which do provide some information on when to buy and sell Bitcoin.
Maybe because 18,500 BTC is a really big amount (atleast for me), I am feeling he should have DCAed it down for a month or 2 but anyways, everyone have a different game plan to play this game.
I personally believe that period close to halving is the best fucking buying opportunity for the upcoming years.
I would love to buy BTC at $50k at halving rather than buying it at $42k today in between the cycle.
As I said earlier, everyone got a different game plan however the goal is same, financial freedom. BTC