Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
Reading all the posts about sells and buys and tops and pullbacks makes me feel more fortunate about my strategy.
I may not have nearly as much BTC stacked as some of you but, that puts me in full accumulation mode. I've got maybe 8-10 years before I may need to think about selling anything. This makes things easy for me... Every week when I have my left over cash I ask myself "Will BTC be worth more in 2032 than today?" Everytime I answer yes, I buy more.
I did contemplate trying to sell the peak and rebuy lower this bull run but, honestly what are the chances of me actually nailing that? So many factors go into executing this strategy perfectly. Plus, I'd have tax implications to deal with.
Wish you all the best of luck with your strategies. No matter if we hit 30k or 60k I'll be ready with my buys
I may not have nearly as much BTC stacked as some of you but, that puts me in full accumulation mode. I've got maybe 8-10 years before I may need to think about selling anything. This makes things easy for me... Every week when I have my left over cash I ask myself "Will BTC be worth more in 2032 than today?" Everytime I answer yes, I buy more.
I did contemplate trying to sell the peak and rebuy lower this bull run but, honestly what are the chances of me actually nailing that? So many factors go into executing this strategy perfectly. Plus, I'd have tax implications to deal with.
Wish you all the best of luck with your strategies. No matter if we hit 30k or 60k I'll be ready with my buys
I extended my chart out to 2032 just to account for your post, and surely we see that the 200-week moving average is likely to continue to go up , and I have $188,411 and $211,472 for the then bottom prices, which would mean 9.5 BTC and 10.6 BTC for entry-level fuck you status by 2032, and maybe or maybe you will not be able to reach those levels of BTC accumulation by 2032... but even if you don't, your ongoing accumulation of BTC is likely to make you better off than if you had not been accumulating BTC... no guarantees, but still.
My situation is a bit more complex than solely basing my fuck you status on a dollar figure. For opsec reasons I'll just say that time is an equal factor for me. Even if I had say 50 Bitcoins today, I would still have a timing factor and would still be in accumulation mode.