Member Info for Herdie

Every one in the know was pointing to a good April which was wrong so I’m going to say up up and away (I hope) lol, Also my newly formed crayon chart where I’ve drawn a rocket and the moon seems to suggest that will be the case ;)

Indeed Fruits speaks volumes, especially as all miners are available at bargain prices at the minute

Haha Yemaj that’s the way - !!!

JJ,
Haha indeed, In a way I’m glad I ain’t got a scoobie how to read them ! The only one I pay any attention to is Plan Bs, Him and Willy Woo are my go to guys for anything BTC related !

HarChris,
I’ll be happy to meet you in the middle $250k and £12 ;) Would do me nicely lol

It’s great news Blok are on board, They’ve a far bigger holding now than FI even pre sell off. I’d imagine their hands are extremely sticky !!

RC,
Haha indeed - Any drop reminds me of a film scene where hundreds of people run around in circles in utter panic, And the reverse is also true when it rises quickly (Although that is far more fun).

Should have put quote marks on my last message the bottom paragraph was Plan Bs tweet. He’s far more intelligent than me ;)

Zoom out and read Plan B, Bitcoins Stock to Flow is bang on again and you know where it ends.

Astonishing indeed, even to me. Btw I am sort of relieved btc price is now under s2f model value again. For a moment I thought that people were front running the model and that the supercycle had started. Now we are back to normal .. like clockwork.

Unless you know the exact direction of bitcoins price you can never predict the SP, yes there are pointers but even they can never be trusted - If it’s all so predictable I’m guessing you are a multi millionaire!

“still struggling with reading charts”
Seems the captain of the Evergreen had the same issue ;), Welcome !!!! Best advice I got early on was try not to spend to much time worrying about daily fluctuations - We are in a highly volatile asset so it will drive you insane - Do not over stretch yourself , as again that’s un healthy - Invest what you are comfortable with and just enjoy the utter rollercoaster this share takes you on - Personally I
Love it must be my sadistic side !

#Bitcoin   RSI indicator hasn’t been this low since September 2020 - when it was just 10k.

The price is up 5.5x since then.

Haha if that came to pass well you do the maths ;)!

Oh not so good !!
PS Welcome to all the new posters too, Good to see some new names appear, My favourite PW phrase from Early this year was Buckle Up he wasn’t lying - It’s a hell of a ride !

May have been a lucky mistake, Btc just popped a fair bit.

Yemaj,
Good points and for what it’s worth I do think experience in this share is invaluable, as on the first major retrace I was very wary of topping up as the price was decimated and quickly !! and even if I had wanted to I had no real leverage,
On this occasion I was far less perturbed and did buy on the way down and also had some spare funds for that eventuality, All that said my buying technique and timing is pretty rubbish so it’s much more a hold for me long term.

I’ve also now learnt for next time to take a little off the table so that I can buy in bigger tranches on the way down and maybe if I time it right (Which with me would be a miracle) I could manage to up my share count and make some pennies !

Think what I’m trying to say is all those that have experienced the drop for the first time we’ll be far better prepared for the next one and can actually use it to their advantage.

Nice one BR I’m not going to lie I think we will see plenty more ups and downs on the journey yet, but hopefully higher lows will set in and make it a little more comfortable for everyone involved. We are still early and that’s the really exciting thing for me ;)

Can imagine it drifting back down to that range - May see a little bounce at that point but going to be a hard slog to get back to the 20s - Those that managed to sell out when it touched the 30s recently, have saved themselves some pain.

Moog indeed my friend, Been a tough few weeks especially for those that bought in later and had to sit and suffer - Really pleased for them especially. Was a little easier for those that have seen it before but that said was still tricky watching the profits diminish.
All the time we all just need to remind ourselves this is a cracking company that’s literally printing money with a top notch CEO and it’s only going one way eventually.

All the best to all

Moog,
Pretty sure that was not the Bitcoin price but rather the big seller/ shorters - If Btc got a wiggle on now with them out would be fireworks. Great to see some blue again though !!!

Cryptonite,
Think he gets his Ys and As mixed up in all honesty.

Jeez it’s swing and roundabouts,yes they’ve been dragging us down for the past few weeks but pre that they were the ones doing most of the heavy lifting. There was many occasions posters on here were worried they would get pi55ed of with that and call it quits.

Both markets will have there ups and downs but for this share to revalue where we all think it most certainly needs the US market.

Getting very fixated on one or two day movements here -
zoom out and try and see the bigger picture. We are invested in a great company at still a rock bottom price in my view and hopefully the weeks and months ahead will show that to be the case. So chill ;)