Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 14/08/2024, 20:48:15 UTC
If I do say so myself
That's a weird target.
Especially if you plan on selling all.
There's a reason it's adviced against been a nocoiner.

There is no requirement that all have the same target point. I am a new investor, just a few weeks ago I successfully started investing. In that case I have set a minimum target for selling at $150k. Whereas as per my plan the profit margin will be between 2x-2.5x. But I will not sell everything. This will be my first profit from Bitcoin.

 "You're speaking like a crypto trader right now, right?  I mean, like...

...I think that bitcoin is sound money.  It's the technically superior asset class compared to the dollar the euro the peso the bolivar compared to a stock index compared to gold compared to silver compared to everything you can conceivably buy it is technically thermodynamically superior as an asset so when you say things like that to me and maybe you just do it just to just to see what I'll say back I just imagine you preaching to me in Argentina while you're asking me if i'm going to sell the dollars and buy pesos back again as the pesos leads from 20 to the dollar to 40 to the dollar to 80 to the dollar or if we're in you know Venezuela i mean you think a Venezuelan company is going to like "take some money off the table" by selling their their US stocks and their US dollars to buy back into local currencies so then you know in Zimbabwe you think they would take money off the table right like the point is if if you have the superior asset it's going up forever, Laura (Jewan420) forever!"
1

1quoted from Michael Saylor

Too many fiat lovers in Bitcoin lately. They're constantly talking about how they gonna make pRoFIt soon...

Idiots that dunno what they bought into, selling after the first 2x.. not worthy of King Daddy imo.

Badger might wanna teach them a lesson and shake them out before the run to the cycle high. In that case we could get a delayed cycle high, or a severe dump until all these tourists are gone.

based on  2020 we began the heat up in Oct.

Oct 1 2020. 10,795
Oct 8 2020   10,669
Oct 15 2020 11,426
oct 22 2020  12,971
Oct 29 2020  13,271