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Topic
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Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 08/02/2025, 20:43:48 UTC
⭐ Merited by AlcoHoDL (1)
If you only have 10 BTC and follow the current pattern - sell at $100k, buy as close to $90k as possible and you will profit around $100k every time the cycle repeats - imagine those who do this with thousands or tens of thousands of BTC, easy money, right?
Sounds more like a quick way to lose money!... Not even sure where to start with this one... Slippage/TAX/Fees, not to mention Bitcoin DGAF about patterns!

and yeah OK if you had 10,000BTC ($1B), you really spending your time trying to add a measly 0.1BTC to your stash.

Frequently, these traders are pie in the sky nutjobs, and your response reminded me that his two extremes are unrealistic, yet if we have a guy who already reached his accumulation goal.. let's say 21 BTC, and maybe he has 35 BTC, so maybe he might sell 0.5 BTC or something like that around $100k and then see what happens.. especially since it is extra BTC... If nothing happens, then he has an extra $50k that he can spend, and if the price goes down he ends up buying back and ends up with 0.0555555 more BTC... and I am ONLY saying this in terms of the guy not giving any shits either way, since with my hypothetical the guy has more bitcoin than he needs or wants with 35 BTC, and with  a 0.5 BTC sale, he is merely selling about 1.5% of his stash.

As I mentioned with OOM earlier, I would prefer the guy to be selling on the way up rather than on the way down, so maybe the guy sold on one of the earlier price runs to the upside, and I also prefer selling smaller amounts, but I am not totally opposed to 1.5% sale if we are considering our price run from $70k to $100k-ish.. that is something like 43% up.. so sure, no  problem with that (if we might have presumed he sold another 1.5% at some earlier point, perhaps around $70k.. and yeah, the sales might start to add up.. or maybe he has a rule about every 50% raise, he can sell 1.5% of his stash, and that would be reasonable.   I also still believe that selling BTC at our around $100k is not a very great place to be selling with any expectations to buy back, since that seems to be so much the talking point of so many "smarter than everyone else traders" who have the "sure trade" of selling at $100k, even though I am a bit unclear about their buying back point... perhaps $70k-ish?  I continue to have doubts about that trade working out.

getting ready to buy some corn just a little lower

Source. and elements canva.
If you buy some corn now, it will turn into popcorn after a few days and its size will be several times larger.
is it still considered corn?
Sure why not.
I NEED it to drop to 89 or lower I will load up

You have been in bitcoin for 12 years (or is it 13 years?) and you still don't gots enough?   Roll Eyes Roll Eyes

Breaking the buddy with this nice AI jingle... the music it generates isn't bad at all (I did write the lyrics, lol)

(I uploaded it to Arweave, which is a file storage blockchain)

You are retarded.  But it the jingle still is funny.   Tongue

The pool should be updated

I think the first wave of bitcoin high is gonna over soon and then we gonna do see deep correction that I don't like it at all hahah  Cry


Wow you are selling?  That's probably not going to end well.

[edited out]
It is not my intention to have endless discussions with you, considering that you take every statement too seriously

I am not supposed to take you seriously?

and that you want some kind of evidence that I have or do not have a certain number of BTC, as if anyone normal in WO or anywhere else on the forum signs messages proving that they have 1 or 10 BTC.

I never asked you to prove your quantity of BTC.  I merely asserted that your fucking around with trading is likely not giving you as many BTC as if you would have had stuck to a mostly straight forward DCA strategy, and you seem to be confirming my assertion.. but you still want to fuck around with trading even though you have not beaten a more straight forward DCA approach.

Another thing that makes it worse is that you seem to want to entice others to be dumb like you, and to trade rather than to error on the side of BTC accumulation and/or HODL.

If my posts bother you, you have the ignore option - I use it for all that I consider to be writing nonsense.

Your posts don't bother me. They are entertaining (sometimes), and even though sometimes your posts are a bit difficult to figure out, especially if you are acting as if selling BTC at $100k and buying back at $90k (or around $90k) is a sure bet.  Maybe such a BTC price move will happen, and maybe it won't, but such BTC price move surely is not even close to a sure bet...even if your gambling attempt (and seeming attempt to convince others) does end up happening.