Ninjastic
Search content
Sort by
Showing 6 of 6 results by necudo
Post
Topic
Board Bitcoin Discussion
Re: I made a mistake shorting BTC at 17k
by
necudo
on 05/12/2023, 21:36:24 UTC
Hello guys! Op here.. I continued my DCA and im glad i did! It wasn't easy and i worked lot of weekends but im happy now. Keeping my BTC in my hardware wallet was also best thing i've done for peaceful sleeping😃

My average is around 24k.

DCA rocks!

Its still kinda unbeliveable seeing BTC at 43k after eternity lol. Even though we can still crash 20-30%+ short term it would be a great opportunity to do some more DCA

Post
Topic
Board Bitcoin Discussion
Re: I made a mistake shorting BTC at 17k
by
necudo
on 18/06/2023, 06:56:31 UTC
Hello OP here..

Im still DCA through 2023😁 now at 0.2btc.
Post
Topic
Board Bitcoin Discussion
Re: I made a mistake shorting BTC at 17k
by
necudo
on 23/03/2023, 17:01:12 UTC
Hello, OP here. Just to give update, few days after i made this post 6 months ago i bought at around 18k,been DCA between 15k-28k currently. Working extra shifts to buy more if i can..
Post
Topic
Board Bitcoin Discussion
Re: I made a mistake shorting BTC at 17k
by
necudo
on 26/10/2022, 08:20:54 UTC
Quote from: Sanitough on October 25, 2022, 08:58:16 PM
Quote from: BlackHatCoiner on October 25, 2022, 11:14:58 AM
If you don't want to look on this thread a few years later, and laugh for considering $20k expensive, I recommend you buy back. Selling bitcoin at $17k with $20k as current market value doesn't seem a "huge mistake". However, if the price doubles, triples etc., you're about to regret it.

Also, rainbows make sense until they're broken, same as with S2F.
Well, I don’t see it a huge mistake too because for me, it’s like a common mistake everyone is doing. You just have to be patient to wait for another dump price and it will be very possible this time since we are still in a bearish market. Bitcoin may seen pumping at the moment, but believe me it will always fall back again at any certain price. That’s the time you’ll decide if it will be a good price to buy or just wait for another dump price.

To be honest i dont think it will dump again below 19k.BTC was oversold plus because of high inflation the value/price of btc probably is 20% higher than before which would mean 17k bottom is probably 13-14k preinflation. The FED pivot is coming, Russia-Ukraine war is stagnating, crude oil went down, 10year treasure went down, Q3 GDP growth 2.9%. Economy is strong. I think i actually sold at bottom🤣But my stupid ass really deserved this, only blaming myself..
Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Topic OP
I made a mistake shorting BTC at 17k
by
necudo
on 25/10/2022, 07:49:02 UTC
⭐ Merited by NotATether (2)
I've been holding BTC since 2020. 2 weeks ago when inflation data came out saying core CPI went up a lot i sold my BTC at 18,000$.At first it seemed i made right choice since stocks went almost -3% premarket and i thought we're gonna have final capitulation in both stocks and BTC, that it will go down to 13-15k.

Well when market opened everything just went up, ended like almost +3% at the end of the day. It was the perfect explanation why you shouldn't time the market. I made a huge mistake and i really refuse to buy BTC at now higher price.
It really seems BTC bottomed at 17.5k and stocks(SP 500) at 3480.

Good luck to all, i hope you're smarter than me
Post
Topic
Board Bitcoin Discussion
Topic OP
Could 17.5k BTC actually be 13-14k pre-inflation?
by
necudo
on 23/10/2022, 11:57:01 UTC
So i'm basically just thinking out loud but with inflation going rampant and last 2 years everything went up at least 20% in price and value do you think that 17.5k
(which could be a bottom in current bear cycle) BTC could actually be 13-14K preinflation and 17.5k as of now a bottom adjusted for inflation?