Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 29/02/2024, 03:44:24 UTC
⭐ Merited by xhomerx10 (1) ,Toxic2040 (1)
~snip
[edited out]
As I recall, he didn't lose anything.
I thought he just broke even and decided to get out with his $40k while (he figured) the gettin' was good?
You deserve a bat slappening for that.

#just saying

Wait... why?  It went down exactly as I said; it's been corroborated by bitserve and Gachapin.   Wait is it something subtle like "dignity", "face", "focus"... that he lost?

You are putting me in a pickle, here.

It is like forcing someone to have to explain a joke that everyone gets.

But yeah.. the situation should seem a bit obvious that a guy comes here and he starts to really buy BTC through 2018, 2019 and early 2020, and stating that he wants to create a system in which he does not make the same mistakes that he made the last time... so he says that he was going to focus on bitcoin and buying and not panicking and doing dumb stuff.. and then he ends up panicking and doing dumb stuff.

yeah, technically, he did not sell at a loss, and he might have even made a few percentage points.

It is failure to NOT stick with the plan.

Yeah, he overinvested.. so that contributed to the panic...

It is not laudable to break even or maybe make a few percentage profits under those kinds of conditions.. .. he admitted that he panicked, and he could not bring himself to take any kind of modest position to buy back in, and he could have even bought back in a day or two later without losing anything.... he was still here and active at that time and locking in his decision, perhaps his buy back could have even been with slight profits or at least covering his fees, but he was waiting for lower $2ks, and he was not even sure if he would buy back then.. and yeah, he did end up buying back 1 coin .

There were several of us suggesting that it would even be better to buy back at a slight loss and to suck up his mistake... but yeah, he had really damaged himself psychologically  once he pulled the sell trigger.. .. .. anyhow.. I have said enough for now..

finally a new poll
yeah 65 vs 48

every one (18 to 3 ) picks 65.

not so sure we don’t tank hard.

but i will pick 65k

Oh gawd, Philip.

You really believe that reverse sentiment bullshit and that we are shoe shiners in these here parts?

are we rich again?

Some people want to know how inflation factors into this.

 Roll Eyes Roll Eyes Roll Eyes