Quote from: BitcoinGuru101 on Today at 07:46:52 AM

As discussed before Bitcoin price has broken the upper channel trend line resistance. Must confirm it as a support to see more upward price movement. If confirmed, the channel breakout target is $47k this will not happen in one shot but eventually.

I doubt that there is any one agreed-to channel, and personally I am sticking with $25k to $35k as the don't wake me up zone, even though many of the folks (including yours truly) may well have been quite woken up by how much time we were spending at the lower end of such zone... It was getting scary for a while so even though technically the BTC price did not really end up falling outside of the zone (except a few wee bitty DOWNity wicks), we ended up in some scary times...

so if we might be considering $25k to $35k as a kind of zone.. then we have returned to the middle of such zone.. why get excited when in the middle of a zone. even though surely it feels better than being in the lower end of such price zone.... at the end of the day, it is still more or less the middle.. Yawn, yawn.

Quote from: ivomm on Today at 09:13:17 AM

Well friends, my DCA days are over. It's time to start selling. I'm a little sad to spoil my stash, but it's about something important. For years I was not satisfied with the city and the institution where I work. I was recently invited to a prestigious institution with better pay and less working hours. For opsec reasons, I don't want to say what I work, I'll just say that it's a very good position, and only 1 month of working days is required per year. My work is a hobby and there is no question of retiring, because that's what I'll be doing anyway.

The city is large, with a rich history and culture, with many places for entertainment, recreation and restaurants. The people are good, cordial and I feel very well there for 1 year now. So I decided to buy an apartment. I'm putting off the idea of a house for now because I don't have that many bitcoins. My plan for the apartment is to use a mortgage, paying only 20% of the price now. It's a small percentage of my bitcoins, so I'll be able to swallow it. When the price reaches some level, I have decided to repay the entire loan by selling bitcoins, and my goal is to sell no more than 10% for the purpose. It's all worth it, because it's how I drastically change my lifestyle in the right direction. And I'm insured with my bitcoins, in case of financial difficulties to sell some more and not lose the apartment.

In the way, that you started the post, I had presumed that you were selling larger percentages, but whatever you are doing seems somewhat reasonable even though you do seem to be contradicting some of your earlier posts, but I think that part of the reason for some of the contradictions did end up being due to some of your mistakes in regards to how you had been managing your BTC stash... so how can any of us judge what others are doing with any real conviction.. and sure through the years I have seen quit a few bitcoiners taking profits way too much and too soon.. and sometimes they do continue to post and other times they get arrogant about it and other times they just end up fading away.. and surely, it can be difficult to know how to minimize the use of such BTC especially during periods like this in which the BTC price might be up a wee bit, but really it is still ONLY less than 10% of the distance away from the 200-week moving average which is currently right around $28,254.... so historically, who could really imagine selling much if any BTC at or around the 200week moving average and not regretting it. maybe this time is different and BTC prices will not go up from here?. .but I still have my doubts.