Quote from: OutOfMemory on May 09, 2022, 07:06:04 PM

Quote from: El duderino_ on May 09, 2022, 06:13:57 PM

Will always be a BTC’er

Bought a big DIP (for my personal budget)

But damn didn’t saw BTC as annoying as now

Also cause I bought my DIP to early

Didn’t wanna miss out on it….

Hahaha

Familiar feelings.
I bought most of the dips in december-january until i ran out of spare fiat early february Grin

hahahahaha

shit happens.

Should courier deliver to you (OOM) (via drone) a bat slappening merely for running out of fiat(s)..

Tongue

Quote from: Copetech on May 09, 2022, 07:21:31 PM

Quote from: proudhon on May 09, 2022, 06:49:09 PM

Wait for it, we're gonna bounce any minute now. It's gonna be strong. A real trend reversal. Bullish phase incoming.

OK, now I'm getting scared.
For the first time in many many months price goes below my DCA and the local Llama spots out this???
Is this what they were talking about as "Max Pain?"

I doubt that we are even close to max pain...

bears are going to push the BTC price down as low as they can and hold it there as long as they can.

So we cannot really know max pain in advance, even though we might know that it is over after we have bounced from there and stayed significantly above that point for a decent amount of time.

So for example, max pain could be going down to the 200-week moving average or even going below that and maybe staying there for a certain amount of time... sure it does not seem plausible.. but for sure manipulators shoot to achieve the implausible and to sustain it for as long as they are able.. and we know that the 200-week moving average is currently at about $21,750.

In essence, we can try to give probabilities of what max pain might be.. and for sure that is not going to be easy.. including that even seemingly low probability events could end up happening.... and for sure many guys will continue to buy. all the way down.. and for sure I would need to reassess my cashflow if we were to go below $25k.. even though at this time, I feel that i am prepared for events that I consider to be pretty highly improbable.. including that I do not believe that it is very likely that we will go below $25k or even sustain for very long.. even though I have buy orders that go lower than that.. but even as a long termer. I don't really like the idea of going below $25k... even lower $30ks is not comfortable, either... but yeah, still better for longer term HODLers being in the lower $30ks or even going into the $20ks than it was when we were in the sub $10ks.. so there is that angle, too.