Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 14/02/2024, 17:09:15 UTC
We are in BULL market.
Surely, you can try to buy a dip, but mechanical sell ladders?
A firm NO from me unless you have to sell to cover some expenses.

In a bull market, you buy, buddy, it is as simple as this.
Don't overthink it.


for me this is not a bull market.

its a bull trap.

due to my coins being acquired via mining. ⛏️

my cost average is under 30k for getting coins.

and once the ½ ing comes my cost average turns into 60k.  so since price is not 62k as a miner I turn bear in under sixty days.

I need to have a cushion for
apr
 may
 june
 july
aug
sept
power costs

so I have a sell ladder. once it gets filled on the top at 72k I will have enough power cushion for six months.