Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
price is irrelevant bitcoin is doing good.
cosign
There is NO WAY bitcoin is actually WORTH less than it was in March. Too much new adoption, too many developments. So if you think it was worth $500 in March or you bought in the $600's in April, you absolutely HAVE to understand that there is divergence between price and value over the last month.
Everything I watch still tells me BTC should have a value around $2400-$3000 by 2019 or 2020. (NOT price, but VALUE...I'd suspect price will overshoot on the high side of that number, probably more than once.)
I just don't care what the price is today...unless I think it is so inexpensive I can't afford NOT to buy. And that is currently what I think. I've hit the button at least 6 times today.
+1....
I wished I had enough cash to hit the button six times in a day... It can be pretty fun to buy so many times... like shopping... .. that is, if you like shopping.
I tend to buy a few times in a day, at most.. but sometimes I do get carried away with quantity in each of those purchase sessions.You could, you know, try selling some when it looks like price is about to take a dive. That tends to give plenty of powder to buy.
...
I know, I know, not an option. "Hodl for life" and so on
You are too funny with that carrot on your head. You know I am NOT going to sell, unless I am fairly certain or if prices are well above what I perceive to be the trendline... So you and people like you are NOT going to trick me into selling b/c the price movement is NOT as clear as you are attempting to suggest (merely b/c you are describing it after the fact or merely b/c some people predicted it to be "going down.").
Anyhow, I feel that I have a system that works pretty good for me at the moment, and selling at the moment does NOT seem very practical or wise.