Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 26/02/2024, 23:37:51 UTC
Shocked
What happened?
ETFs forced to buy on actual spot market?  Kiss
 Cool

EDIT: I was about to miss those multi $k candles  Grin

I am thinking that might end up happening, and they might try to hide it by spreading it out, but if there are ONLY so many cornze to go around, what do they think is going to happen?

Bitcoin is going irrevocable to $1.000.000 before 2030 not $0.

But what does "irrevocable" mean?

you mean when it gets to supra $1 million, but it does not correct back down again?

That 2030 could be, but that seems a bit too bullish.

My entry-level fuck you status chart shows $1million as the bottom in about mid-2043, and sure I admit that my chart might be too conservative, but 13 years too conservative?  That's why I think that we might be toying around with $1 million and probably higher in 2030, but I have my doubts about it being the bottom by that time.. that would be overly-bullish.. and sure it could happen, but seems like a long shot..

ALL YEAR HIGH

60k is knocking on the door.
Can't believe I sold my holdings around $17K Dec 2022.
Well Current holding already higher but it still hurts
And now Bitcoin is enroute $60K.

Bought some around 50700 with stop loss at $49K in binance
This I plan on not holding
I find it weird am seeing profit but too scared to sell off some.
And my decision already paying off
Sell limit lined up around $59-60K.

Already deleted my electrum wallet
Only the address available for DCA
Dollar is increasing more in relation to my countries currency.
So I chose to separate my holding stash from the current one. 

Wow.  You sound like a real weak hand wannabe.

Even though you screwed up, you should just start to DCA and forget about it for 4-6 years or maybe even DCA for 10 years and then reconsider the matter. 

But yeah, maybe you are just putting in too much, and you feel like you cannot afford to lose anything, so you might have to reduce your amount.

I tend to recommend $100 per week, but for you I will recommend $10 per week, even though I don't know anything about your finances... .. but you gotta find an amount that it does not bother you.. and for many people in the west, they can do $100 per week.. .

Anyhow, if you had invested $10 per week in the last 2 years, then you would have invested a total of $1,050 and you would have had accumulated right around 0.04561 BTC (worth around $2,488.71), and yeah it is not a killer amount, yet we can imagine 10x that amount if we were to have had invested $100 per week... but anyhow, you don't seem to have enough will power to invest higher amounts, so just stick with the lower amounts and invest the next 10 years or so, and reassess along the way if you can increase your DCA amount, and don't even think about selling for the next 10 years, and in 10 years, you may well have invested a decent amount. and perhaps you might get some appreciation of value and more options, and if you don't get more options, then you have not gone wrong with $10 per week in order to find out if you might have more options down the road... .

And if you end up doing it for 10 years, then maybe you can continue to do it, and you might even realize that you should increase the amount so that you are able to profit more and to NOT be fucking around with selling before you get enough of the cornz to actually make a difference..

but hey whatever, I am not making this post just for you, since you seem to be a bit of a lost cause in terms of being so anxious to sell the asset that is amongst the best (if not the best) asset ever known to man..