Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 03/03/2025, 20:34:37 UTC
I am really not sure what your chart means.. and I also don't know why you would want to be fucking  around with trying to trade BTC around these prices,  especially if you happen to be in your first bitcoin cycle..

yeah, of course, the  mere fact that you registered on the forum just a few days ago does not mean that you are new to bitcoin, yet your coming into this thread and suggesting some kind of trading strategy begs questions about your actual understanding of bitcoin's value proposition.  Do you know bitcoin? or do you merely consider bitcoin as a trade?
i have posted my analysis of btc's trend over the past month and have included a chart image to make my point clearer. how can you say that you don't understand the meaning of the chart i posted?

I said it by typing on a keyboard - which largely invites you to comment further or not. 

In a thread like this, we enter into various discussions, and your merely posting a chart with squiggly lines does not necessarily mean the same thing to everyone, just because you posted it and you can supposedly see some kind of potentially important point (or vision, or enlightenment) contained therein.

Two people can look at the same chart and have differing interpretations, and surely if you are projecting into the future, you will be more challenged to describe what it might mean as compared with merely proclaiming to have skills to tell us what had already happened... The future is more difficult to attempt to describe than the past, yet even if you show a chart of the past, some of us in these here parts, might not necessarily agree with your interpretation.

In your cash, you gave your projection of what you expected, and then you provided the chart, but you did not explain how the information contained in the chart actually supported your assertions about what you perceived to be happening or what you consider might happen in the future.

by the way, i did not say that I want to buy or sell in this price zone, no! you misunderstood. i was talking about other people's decisions to buy or sell in this area and the effect that their actions will have on the price.

Why does it matter whether you are talking about yourself or describing what you believe others might be doing, since there seems to be a bit of a trading vibe to your post.  It seems that I already largely addressed the idea of trading versus investing, and even though there are some active members of this thread who trade, there likely are not too many of them who are able to outperform a bitcoin historical strategy of largely accumulating and holding.    And, the longer the timeline such as greater than a cycle and a half or two, then it becomes even more difficult for any trader to beat a more straight forward BTC accumulation strategy. 

The strength of bitcoin's investment thesis does not seem to be getting any weaker today as it has had been historically, even if part of the steepness of bitcoin's future price curve might have had gotten a wee bit less steep into the future as it had been historically.