Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
death_wish
on 01/07/2022, 07:06:44 UTC
Not trolling in the slightest


Riiiiggghhht


yeah... rrriiigggghhhtt

Jay, I am in the mood to troll you.  What the hey.  I will prove to you that Bitcoin sucks.

I rather prefer losing +80% of my networth holding btc than losing 10% in fiat due to inflation.

Either I'm genius or I got severely dropped on my head as a baby.
Try telling that to Saylor. He bought more at just over $20,800 per coin.
https://bitcointalk.org/index.php?topic=5404510.0

Yet today I see it drive below $18,900 when I got up to check the price.
Some of those youtube bitcoin price shows (think it was crypto banter) said he lost $1.5 billion on the buy from the previous buy.

It is not a general rule in bitcoin buying is to not trying to grab a falling knife? Undecided


DCA in downtrend on steroids

More or less that is how buying on the dip and/or DCA is supposed to be done.

Dinosaur Bitcoinland:  Buy the dip!

Next-generation futuristic coins:  When a certain altcoin recently crashed, I bought a few around $8.  Only a token amount (so to speak), as a political act in defiance of Janet Yellen.  I was pretty much out of money, anyway.

When the knife suddenly fell to $0.000003, I DCAed down.  How’s that for “DCA in downtrend on steroids”?

I was then shocked that the people who bought at >$100 called the most talented knife-catchers “mercenary opportunists” for our honest fair-market purchases.  More shocked when a small group of big DPOS companies peremptorily hardforked the allegedly decentralized blockchain, with a shitcoin shellgame to snatch back value from all of the “mercenary opportunists” who collectively bought trillions of coins in the microdollar price range.

Hello?  Isn’t buying the dip to DCA down supposed to be savvy investing? Roll Eyes

I showed them some links about Bitcoin and pizzas.  Quotes from Laszlo.  It didn’t help.

Anyway...  You toxic maxis don’t know what a “downtrend” is.  Bitcoin is boring.  Its dips are for ants.  Your “falling knives” just aren’t.  And Bitcoin’s blockchain is too predictable!  You lack the benefits of modern blockchain governance:  You never get nice surprises like the consensus rules suddenly being changed to devalue your money.  How can you live without the excitement?

Bitcoin sucks.


  Oh my gawd, JayJuanGee is expecting sub-$1k prices!  Panic!  SELL!  mindrust!)

Not expecting.

Waiting for.

 Tongue

IMO, die-hard nocoiners are the most patient investors in the world:  They are waiting for $0.  Waiting, waiting...  It takes an awful lot of patience.

If you are only waiting for sub-$1k prices, it sounds like you are impatient to buy the dip! Cheesy