Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
yeah....I don't really bring it up 
I have another guy who said he had too many toys in the garage as such...he pointed to his wife's bike....was like 1 or 2 btc..from back when...and said it was the most
expensive thing in the garage
as far as I know it is the first and only and likely ever time such an argument could be won by and old HODL'er
but yeah...I have issues with the Kirby Vacuum at 1 btc back when...i also have issues with price of btc jan 2018 and price in dec 2018 going down 70% or some such
after I retired with the btc/crypto as such....bout pissed myself hodl'ing thru that (did dump 13 btc was not gonna un-retire..got back 5 btc still down 8 btc or so grrrr from
the hoard grrrr...after that dump i was more or less immune through that horror....so HODL'ing became easy...
I have also found since 2013 till even now..that of the 90% or more on the forum here and FB that come in and out of btc/crypto and maybe in the real world
so most people crack at about $50,000 or so when it is 'real $$$'.....a guy in the summer of 2013 cashed out as a millionaire mainly due to family
and wife i think it was on bfl chat (butterfly labs chat) when btc was like July 1st, 2013 like $69 a coin.....
I hope he got back into btc along that timeline or invested the 1 million to show something out of all that at least
but as a kinda 'guess' from my past readings on here and elsewhere about $50k
I had a week at probably around $50k when all my friends and family figured out and had an honest ambush intervention like I was a moonie or in Amway
that was one uncomfortable hour before i ran out....and the same week my mom called me up crying that I looked like a schmuck to everyone
i put my btc/crypto in a trust and don't touch it....friends/family/god daughters etc
now they call me up btc/crypto up/down all up in the air....mostly when down..and i say 'this is what you get for trusting your inheritance to me who is obviously clueless..not
my problem..not my money..in the trust...at least i keep a few people up at night
in order to be good at HODL'ing btc/crypto you have to 'despise' $$$ a little bit or you crack under the pressure...so that was my mental trickery to HODL
just tossed it in a trust for when i die My lifestyle in no way suffers....still have expertise as boring...and be stealthy with my 2012 Ford Fusion SEL with only $32.K of miles
on it
anyway...how I coped with it
ps. i type as fast as i think so don't sweat my lengthy posts..
brad
When trading or holding Bitcoin, you can see two sides of people’s moods: one is happy, and the other is stressed or angry. The reason is that people often buy a lot of BTC with almost all their money. When the price keeps dropping, your mood becomes bad, you don’t feel like doing anything, and small things annoy you.I have another guy who said he had too many toys in the garage as such...he pointed to his wife's bike....was like 1 or 2 btc..from back when...and said it was the most
expensive thing in the garage
as far as I know it is the first and only and likely ever time such an argument could be won by and old HODL'er
but yeah...I have issues with the Kirby Vacuum at 1 btc back when...i also have issues with price of btc jan 2018 and price in dec 2018 going down 70% or some such
after I retired with the btc/crypto as such....bout pissed myself hodl'ing thru that (did dump 13 btc was not gonna un-retire..got back 5 btc still down 8 btc or so grrrr from
the hoard grrrr...after that dump i was more or less immune through that horror....so HODL'ing became easy...
I have also found since 2013 till even now..that of the 90% or more on the forum here and FB that come in and out of btc/crypto and maybe in the real world
so most people crack at about $50,000 or so when it is 'real $$$'.....a guy in the summer of 2013 cashed out as a millionaire mainly due to family
and wife i think it was on bfl chat (butterfly labs chat) when btc was like July 1st, 2013 like $69 a coin.....
I hope he got back into btc along that timeline or invested the 1 million to show something out of all that at least
but as a kinda 'guess' from my past readings on here and elsewhere about $50k
I had a week at probably around $50k when all my friends and family figured out and had an honest ambush intervention like I was a moonie or in Amway
that was one uncomfortable hour before i ran out....and the same week my mom called me up crying that I looked like a schmuck to everyone
i put my btc/crypto in a trust and don't touch it....friends/family/god daughters etc
now they call me up btc/crypto up/down all up in the air....mostly when down..and i say 'this is what you get for trusting your inheritance to me who is obviously clueless..not
my problem..not my money..in the trust...at least i keep a few people up at night
in order to be good at HODL'ing btc/crypto you have to 'despise' $$$ a little bit or you crack under the pressure...so that was my mental trickery to HODL
just tossed it in a trust for when i die
My lifestyle in no way suffers....still have expertise as boring...and be stealthy with my 2012 Ford Fusion SEL with only $32.K of miles on it
anyway...how I coped with it
ps. i type as fast as i think so don't sweat my lengthy posts..
brad
But when your holdings are making a profit compared to your purchase price, your mood is very good. I’ve experienced this many times myself. My Bitcoin, along with Ether and Sol, once dropped about 60% below my purchase price. I almost went crazy and didn’t know what to do.
Then a close friend advised me that if possible, I should take some loan in dollars and buy more Bitcoin and Ether during this time. He said when the bull run starts, it could go 3–5×. I followed his advice and ended up making a lot of profit.
From this, I learned that it’s better not to invest all your money at once, but to keep some aside for dips. Now, with what I have, I can secure my future and my future children’s future. I am not married yet, but my plan to marry in 2026.
The lesson is that in bad times, don’t give up find a way to protect yourself from loss.