Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
In a flash is somewhat too optimistic imo
my 2 cents:
I am surprised all those bears could not reach/break
Somewhat amazed by this bullish support or weak bearish power..
I have heard that somewhere before...
Please dont edit quotes if they are not your own,.. thank you.
Anyway I have never talked about those numbers, all I care about is the 400 (for me another chance to jump in with some more coins).
I expected it to break already,.. but these bears are just too weak ( at the moment )
Aki4Real :
Hopefully, you ARE ALREADY BUYING ON AN ONGOING BASIS and NOT waiting for some kind of "cheap coinz" break through? b/c in the end, there may NOT be that much difference between buying BTC at $400 or at $450.. even though of course, each of us would like to buy BTC at the lowest price possible... .YET, in the end, in BTC land, we do NOT know for sure where the price is gonna go... .even though there are quite a few smug predictions going both wayz.
Heres my BTC buy increments over the last two month.
590.70
668.80
595.00
606.16
592.37
569.61
537.20
576.00
545.55
524.00
484.02
462.61
462.99
455.56
408.64
520.00
580.00
678.85
653.00
610.00
623.50
604.08
585.50
550.19
581.93
566.12
517.03
485.92
525.48
482.53
452.70
446.44
476.00
439.82
428.68
418.60
Even though, at the moment, BTC price seems to be pretty decent (and low / cheap ☺ ), I am about tapped out on buying. Nonetheless, I would like to buy some more, if the price were to dip into the below $430 range. Of course, if we know for sure that BTC prices are going to dip lower than $430, then I would wait to buy at the lower price.
It seems to me that nothing is for sure in BTC land. ☺ Yet I am gambling that in the next couple of years, we will be up.. - hopefully up at least higher than my mutual funds... which I expect to be about 12% higher (6% per year on average) than my investment amount.
Hi Jay,
Thanks for your elaborate post, nice to see you have chosen to buy at a lot of different prices.
It seems your average buy price is not too high.
I have not been buying continously, because I do not want to pass the point where I am overdedicated into BTC (where I would lose sleep over its price dropping or rising).
My funds are allocated in different currencies (not only Crypto, though I believe this is the future).
To protect myself from my itchy triggerfinger buying more BTC I've set my next buy at 400 or below, discipline makes or breaks good trades
Good luck!