Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Keeping up with the times!
@CryptoSuperhero
And am like; Honey, it's the ladies in the charts with green tops and red panties, flipping a shiny coin!Fuck shitcoins.
Today I found a guy that is selling the first video that is uploaded on YouTube as an NFT. Lets have a look on this NFT.
https://opensea.io/assets/ethereum/0x495f947276749ce646f68ac8c248420045cb7b5e/114573597163023154509898561942653398277711184098208944660669810708229623119873/
https://opensea.io/assets/ethereum/0x495f947276749ce646f68ac8c248420045cb7b5e/114573597163023154509898561942653398277711184098208944660669810708229623119873/
Fuck shitcoins.
Most people won't buy bitcoin unless it break its ATH again and due to fear of more dip.
'How many times have we heard those kinds of bullshit talking points?
Too many.
Remember late 2016..? never going above $1k again because too many peeps selling at those price points.
The same was true in 2020 too, and why so many folks sold way too many coins on the way up past $20k .. and surely we did not realize we would be able to buy those back... so surely not easy for folks who sell too many too soon and then likely end up fucking up in other ways too. in their failure to have a sufficient/adequate BTC accumulation plan and to reasonably and prudently act upon such BTC accumulation plan.
Even in December 2018 bitcoin went down to as low as $3,236. The real issue is not many are interested in buying on dips rather in bullish market when price is high.
I too was among people who sell bitcoin when I saw price jumping 20k$ but I am satisfied that I got decent return on my investment. Though I could get more profit if I HODL but who knows the future price of bitcoin? No one.
Of course, none of us know the future of bitcoin prices with any kind of specificity, but there are a lot of ways that you should be able to build up your BTC portfolio so that you are never selling all of your BTC. and fucking around with gambling strategies when bitcoin is likely amongst the best of upside and wide-scale asymmetric bets that any of us are likely to have in our lifetimes.
When their appears to be the greatest transfer of wealth of all time going on, and you are able to be amongst the recipient class of such wealth by holding and accumulating BTC, then I wonder why you would want to fuck around and take chances that you sold too much too early... in other words, you should be erroring on the side of accumulating BTC and not selling in order to attempt to accumulate more because that strategy is less than optimal. Many of my overall points about how to think about your BTC as an investment are in my December 14, 2021 thread.