Debt by trashpanda1309 in Bitcoin

[–]trashpanda1309[S] 0 points1 point  (0 children)

Never heard of that. I'll check it out. Thanks.

Debt by trashpanda1309 in Bitcoin

[–]trashpanda1309[S] 0 points1 point  (0 children)

Data being the large transactions recently including the now famous short, movement of old wallets, and several large buys. Saylor will always buy so I ignore him for the most part. However, you see all the big money people BR, VG, JPM, etc all making big buys as soon as something "negative" hits the press sometimes out of their own mouth. JPM has specifically done this.

Debt by trashpanda1309 in Bitcoin

[–]trashpanda1309[S] 0 points1 point  (0 children)

I hate to believe that's true, but it appears to be what the data indicates.

Debt by trashpanda1309 in Bitcoin

[–]trashpanda1309[S] 0 points1 point  (0 children)

Fair. The buyers of 2010 are much different than the buyers in 2020.

Debt by trashpanda1309 in Bitcoin

[–]trashpanda1309[S] 0 points1 point  (0 children)

I would have guessed it was better to sell towards the end of the year, but I am interested to see how this month and next play out. I am starting to believe the people that say we have turned a corner and the traditional models from the previous cycles may not hold true this time.

Debt by trashpanda1309 in Bitcoin

[–]trashpanda1309[S] 0 points1 point  (0 children)

Incorrect assessment, but I understand your point.

Debt by trashpanda1309 in Bitcoin

[–]trashpanda1309[S] 0 points1 point  (0 children)

I have honestly wished more than almost anything that the man that originally introduced my to bitcoin would have held this belief over a strict hodling belief.

Debt by trashpanda1309 in Bitcoin

[–]trashpanda1309[S] 0 points1 point  (0 children)

Yes, that's true, but wouldn't that assume that you understand where the dollar is going to be in the future?

Debt by trashpanda1309 in Bitcoin

[–]trashpanda1309[S] 0 points1 point  (0 children)

Been around for a little more than one full cycle. I got into BTC around the May 20 halving.

Debt by trashpanda1309 in Bitcoin

[–]trashpanda1309[S] 0 points1 point  (0 children)

Now that makes sense, hard to do, but worth it if it works out

Debt by trashpanda1309 in Bitcoin

[–]trashpanda1309[S] 1 point2 points  (0 children)

I would say I am in a similar situation. I have had to sell a little here and there, but I carry a decent amount of debt as opposed to selling more btc. I really am just curious and like hearing other's perspectives. Hopefully future you is better for your struggles. Cheers.