Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 23/11/2023, 19:54:05 UTC
Happy Thanksgiving to those who celebrate it.

Would be nice if we could finally break 38k during the holiday period & stay over. It seems a but of a bitch to break atm.

I am already past 38k I am looking to be over 40k 🔜

edit : 40k is my next 1% sale

Phil...listen..I advise against doing these 1% sales at the verge of a bull market, unless you HAVE to.
Peeps were telling this to you before: in 2015-2016, then in 2020-2021 (maybe re shitcoins) and you were arguing that it is all good...it is difficult to move you from that "laddering" opinion that both you and @jjg espouse.
Sometimes we all are acting against the better judgement: I sold stuff (not bitcoin) in the early winter of 2020-2021 just before alts and bitcoin went vertical for 3-4 mo. For what: to do the roof replacement.
Should I waited a bit considering all that I knew at the time? Absolutely, but the idea of a new roof already "infected" my mind, so...a bit less cap gains.
I get it that "sitting tight" as Jesse Livermore was calling it, is difficult, but going backward, it's the BEST play in the last 20 years in AAPL and AMZN, the best play in NVDA in the last 10, best play in GOOGL since the IPO, best play in MSFT since many decades ago. Eventually, you would not have to sell btc, but would borrow a bit against it, hence NO cap gains.