Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
What if it breaks? 
What are the generally accepted long term channels at the moment?
What are the generally accepted long term channels at the moment?
It is generally accepted that you should never sell your bitcoins for anything less than a price, which is multiple times of the ATH of the prior boom.
- If Bitcoin is in its growth channel, and you panic sell in the bottom, it will cost you most of your bitcoins when you panic buy at 5-20x higher after realizing you were wrong. (If you panic buy threshold is lower, you end up always buying high and selling low, and diluting your holdings.)
- If it it destroyed, you have no way knowing it and being able to salvage the high point of your value. Salvaging a low point, is meaningless when the same outcome in fiat terms can be achieved by selling a few %-points more in the previous boom.
this community lives in dreams just because of people full of shit like you, of course you sold most of your Bitcoins to buy a "castle" and fill your account but you tell others to don't, what a dick head.
How time is changing. A couple of months ago you was the roaring uber-bull and fonzietila the bear.
It's nothing surprising, people change bullish to bearish and vice versa.
But Market is not going anywhere atleast for 1-2 weeks too.