Do you mean after October 25 or before October 25?  Likely October 25 affected expectations, even if a lot of folks considered that to be a bit of a pump, it still took 26 days to return to its $7,300-ish starting point.


Our low is within $15.  


OMG!!!!!!


OMG!!!!!


Odds are currently in favor of reaching such $6,500 before $7,500 absent some kind of miracle....


never say never in bitcoinlandia.  



Don't get toooooooo overly excited mindrust.

You might slip on a banana peel, and we would not want that.    

Personally, I suspect that it is not easy to see s-curve adoption while in the midst of it, but jeez, just mentioning the $300 to $500 price range was about where we were bouncing around during early 2016 - right before that particular halvening.

Couldn't between a 13x ($500) and 22x ($300) price increase from our current $6,600 in 4 years serve as a kind of ballpark indication that we might possibly remain within a kind of s-curve adoption?  Perhaps?  Perhaps?

hahahaha

That's the spirit!!!!   

You did not sufficiently off-set with a short this time around?

More phoney baloney.


You could spin it in order to attempt to paint yourself as the next coming, though.   

kind of like this:




Yeah, right.... 


Good luck with using those kinds of indicators while you are in the cave interpreting the moves of shadows.

Surely, you like to project a lot and to infer more from information than  is there.

In other words, I never said that I cannot stand you, and accordingly, you are overly inferring there.

Don't get me wrong on this, any such assertion from me that I can stand you does not mean that I like you...  


Huh?  I suppose that you are a superior being.

If you proclaim yourself to be superior, it must be true.


I don't believe in fatalism, so there is that.  But, you can believe as you will; hopefully, it guides you well in your life.  



I doubt that we really stop arguing.  This is bitcoin, but in 2015, the arguments of the bulls did seem to fade quite a bit, especially when we got to August through October.

I doubt that we are going to have another 2015-like scenario this time around, because it seems that we are well into early 2016 in terms of likely getting out of the doldrums, but never say never in bitcoinlandia.  If we get back down to the $4,500 arena, and stay there for any length of time, there could be a large amount of uncertainty and despair that might also demoralize bulls from posting as much in this here thread, and perhaps even forum-wide.



You gotta take his purported position with a BIG ASS grain of salt.

In other words, these are the interwebs, which allows Lambie/bambie to serve (without necessary real world costs) as a fucking exaggerator and a shit-stirrer.   

You are annoying!!!!!!!!!!

Accordingly, my BTC holdings is not a factor in respect to your annoyingness.

Thus, you should already realize that short term BTC price changes hardly change my strategy, except maybe I might tweak a bit here and there from time to time, but overall, I m following a very similar strategy all of the time.  Buy on the way down and sell on the way up.  So why would it matter if I had x percentage more or less BTC, in which x percentage is going to be a single digit number anyhow, and likely in the lower ends of the single digits.


Your comment here shows me that you are projecting ways in which you would like to see the world, rather than reality.


Don't be a diptwat.  You have no clue..... so in that regard, you have a clue about how to be a diptwat.


I will squirm alright, and I might protest, depending on my moo.



Oh gawd, you are so full of shit.... especially when it comes to your last paragraph.

Facts not in evidence, regarding my alleged stress status.


Perhaps true, but out of context.


I conclude that a moderate approach to my BTC holdings suits me better.


Yeah right....   

The only fear that I have on a once in a while basis is that I might read some nonsense from a poster like you, and you have proven such fear to be true on a fairly regular basis.   


Even a 10 year old has already learned that the world tends to have beyond black and white solutions.  Are you not quite 10 years old yet, Lambie?


My alleged suffering is only a state of your evidently ongoing fantasy-filled mind.


Maybe that is the problem?  Your chat bot admission against interest?  Now, the pieces are starting to fall into place and it is starting to make some sense regarding some of  your difficulties to abstract in your thinking.   

You are becoming a near perfect species of a human, even though no one person is likely to........   

Sure, in the end, guys (and gal) should tailor to their own situations, and some guys can handle more spending than others in their budget including investment considerations and what stage of life they are in (including what stage of building their investment they
 are in), and some guys and gal might need to make a plan and attempt to stick with it, so there are variations in both the terms of the plan and how guys will approach such plans.  Otherwise, I stick by the substance of my earlier posts on the topic (and generally any other topic that I may have posted about).   

At least you admit it.  I am not sure if that is a good thing, though.. but it is what it is.

There are also ways that you can prepare your BTC portfolio for both up and down, and sure it is not going to take away all of the sting, but it can help to lessen some of the extremes of the negative feelings.

I agree.  You know I was just trying to have fun with the matter, and thanks for clarifying your proposed bet terms, even though fucktwats like shelby/annunymint or whatever his current name or agent likely have less to lose than you because they are both more willing to jump into the mud or to create whatever fake account, but I agree with you that you have a very high probability, even in the 90% plus arena to the winning side of such bet.

OMG.. .self-banishment!!!!!!

Or exile???


Don't make the bet.    

One of the reasons that SuperTA is wrong is because historical BTC predictions have been all over the place.  Sometimes they are too high sometimes too low and sometlmes they luckily get it right.

Personally, I believe that it is not a bad thing to have a somewhat conservative prediction, but you gotta be prepared in case BTC prices way the fuck overshoot, and that is really what seemed to have happened in 2017... we had so many fucking people selling way too early and then a lot of people were predicting $3k to $5k as the top, and sure there were a few more bullish people out there, but the vast majority were under predicting rather than overpredicting and so when BTC price went shooting up, there were a decent number of people who were underprepared because BTC's price had overshot their most bullish of expectations by 3x to 5x.

Similar BTC price performances can happen again, which could even mean going to $500k... but really it is better to be somewhat prepared in case the top is much lower and even if the BTC price peters out before even reaching $50k.

I remain a bit unclear about whether what you are saying makes sense exactly.  If you have reached a stage of your investment that you are starting to withdraw, then you would likely NOT continue to invest too.  I mean, you could withdraw up to 1% per quarter or 4% per year, and still be within a kind of conventionally accepted withdraw rate that allows you to largely average out in keeping the value of the principle.

If you are still accumulating BTC or buying a position into BTC, I suppose you could do that too, but I think that you have to be a bit more strategic than a pure DCA kind of approach - which works all fine and dandy during initial accumulation, but does not seem to be very applicable to attempt to randomly mix such an approach with a withdrawal strategy.

On the other hand, if you are taking from one kind of investment and moving to BTC, then you are reallocating rather than withdrawing, so anyhow my point is that your description of your strategy, Searing, comes off as a bit confusing and potentially a bit contradictory in the event that you really were to consider yourself to be in a kind of withdrawal phase on your BTC.

Now, on the other hand (I know that I am running out of hands, but whatever), if you believe that you had withdrawn more BTC than you had wanted to withdraw, and you were in the process of replenishing some of your withdrawal of funds, then I suppose that could be a reasonable thing to attempt, too, especially if you remain a bit unclear about what stage you are in, or if you are kind of in a transition stage rather than a liquidation stage (which seems to be the most plausible reading regarding where you perceive yourself to be at, currently). 

Your supposed science, SuperTA, comes off as retarded as fuck.

There have been people who over predicted BTC's price moves in the past, therefore, current BTC price predictions need to be adjusted downwards out of the presumption that they are also overstating BTC's price predictions.  

Seems like time to bring out the classic: "you are so dumb for real" meme:

Are you trying to say that you were correct about lack of buying support in the $7ks?  Seems a bit strange that we also had a price spurt from $7,300 to $10,300, which would have come after your previous post that was asserting lack of support in the $7ks and $8ks.  Not exactly a clear assertion, even though 2 months later we find ourselves in the midst of either a price drop or consolidation in the lower $7ks.

hahahahaha

How about you can fuck off, lambie? holier than thou, art.. thee, not.       



You are not more insightful or free merely because you are purportedly overinvested in BTC.  Get real.

Of course, for yourself, you might have come to that conclusion, and believe that such a way of "all in" investment works, presuming that you are actually representing what you actually do.

Each person can decide for him/herself regarding the amount to invest (or to invest) and whether s/he believes that his/her level of investment (or not) has brought enlightenment.

The more that you post, SuperTA, the more that you come off as an out of touch goofball.

Who fucking gives any shits about how historical projections have played out, unless you are suggesting that bitcoin would have been a bad investment from 2010 to present.  Surely you are not saying that.  Are you?

Bitcoin has been amongst the best of investments for the past  9 years, especially for anyone who either buys and holds or has a more strategic plan to accumulate BTC, and especially if such plan lasts longer than 3.5 years.  Surely frequently there have been shorter periods in which such a consistent buy and accumulation of BTC plan would have worked out, but so long as there was buying and accumulating, historically you would NOT have gone wrong if you only engaged in those two activities (presuming that you safeguarded your BTC so they would not get lost or stolen, too).

Well, that is fair enough.  Each person has to consider his/her own situation and what investment options that s/he has including what other investments that s/he has, which might include various forms of cashflow that might be available, including whether cash flow comes from other places.

Surely, I would not recommend any kind of diversification of investments that only involve BTC or have no other investments or has all money only in BTC, but whatever each of us has different situations whether we have to start drawing from our BTC or if we have other sources upon which we can draw  - and of course, if you are retired, then either you have an income from your retirement and/or your accumulated assets or you don't, so if you have no other accumulated assets that can  draw income and/or you do not have an income from other retirement plans, then yeah, you might not have any other choice but to start to attempt to earn an income off of your BTC stash.  Does not seem to be a preferred situation, but it is what it is in terms of where you are at and your age or health conditions or your mere choice to go into retirement status (if not choosing prematurely, only you would know the answers to those various questions).



Those are factors that you need to weigh for yourself the extent to which it would be better to lend than to sell, and not everyone is going to come to the same conclusion.  I am pretty sure that I am not going to come to that conclusion, but my plan is likely going to play out differently, since I had considered the most intense aspect of my BTC accumulation phase to have been in 2014, and even though I still accumulate some BTC, especially on large price swing, my whole system has gone more into a kind of maintenance stage.  I am thinking 4-5 years in which I might go into more of a liquidation phase, and currently my going into a liquidation phase has more to do with other things going on in my life rather than purely considerations of BTC price, because currently, I would ONLY not sell BTC if they BTC price were below $5k, otherwise, my liquidation phase (if I were to feel some need to go into it) is already tentatively authorized (by me) so long as the BTC price is over $5k.  By the way, early liquidation (which is theorized as a kind of maintenance of principle) authorizes a withdrawal of 1% of value per quarter, but if I go into a more aggressive liquidation that involves selling principle, then that would likely mean that I either have some emergency situation or some thoughts of needs to attempt to liquidate before end of life, if such a health situation or age were in consideration of such timeline issues.



Those things could happen, but your decision to lend BTC through celsius network or through any other platform like that should be made on an individual level in terms of whether you believe that it is a prudent risk for you to leave your private keys with some other entity including the pay off that you get or if there might be better ways to either generate income (whether from BTC or otherwise).

I will concede that I had gained some interest on BTC that I had on Bitfinex during the 2017 market, and I recall that a lot of guys made a killing on Poloniex during that time, and even though I chose to make some BTC (or stack some sats) at that time, I have subsequently come to different conclusions about the level of risk, and that was only less than 10% of my total BTC, anyhow, but still, I no longer believe it to be prudent risk for myself, but I understand that guys (and gal) are going come to differing conclusions regarding the amount of risk that they are willing to take for the pay off that they believe that they will get through the use of such lending service(s).



It is not necessarily better to lend than sell.  You are taking on additional risk, and that is a choice that you make, and not everyone will conclude it to be a prudent risk.

Furthermore, there are also ways to make money through volatility, and surely volatility are one of the most guaranteed to happen phenomenons in bitcoin, moreso whether it's price is going up or going down, it is almost inevitably going to be volatile for a decently long period of time into the future, and if you know how to play volatility you can either make money off of that or at least attempt to use volatility to your advantage.


I don't recommend playing around like that, and sure it is easy to make those kinds of proclamations retrospectively, but it is really hard to predict the BTC price direction, so it might not pan out too well to be selling large portions of your BTC and believe that you know that a correction is coming, when it may or may not come in such a way that would allow you to sufficiently profit over having had just held through the ups and downs and just keep accumulating BTC like a long term investment rather than trying to play short term moves with large amounts of your BTC stash.