Yes.... "almost meaningless" because it seems to not be sinking in to your thinking.

Of course, in retrospect, a large number of folks are going to wish that they sold more if the price goes down or to have bought more if the price goes up. 

That part seems somewhat natural and reflexive.

What you should be attempting to create is a plan... that causes you to be less reflexive and more prepared for down or up, including extreme down or extreme up,  which is in the ballpark of what we experienced in the past seven months.... We had nearly 4 months of extreme up, and then a subsequent three months of what seems (so far) to have been extreme down.

You cannot tell me that it is obvious what was going to happen at various points in the past, because what happened only becomes "obvious" after it already happened.

So, actually, except merely for learning purposes, it should not matter what the price is right now or what the price was through the process of the extremes that already took place, you should be attempting to plan your behavior for right now and into the future for how you are going to set your orders right now and what you are going to do at various points in either direction (UP or DOWN), rather than getting caught up with various preoccupations about what you supposedly "should have done." 

Quoting is discretionary.

Now, currently, and at this moment, I think that you are retarded.   

In retrospect selling at $14k seems smart, but surely it was not obvious... that is why some should have been sold on the way up, not on the way down....

I concede that I am beating a dead horse, a little bit.

Without either admitting or denying, I could not help but to find humor in that.



This "now kiss" meme is pretty decent:

You are the one full of bullshit and fairly apparent fantasy, karmicpanther. 

I imagine that you are living in grandma's basement too with all your "tough talk" and your ongoing (double down) pie in the sky proposals.   

I agree about the interesting and potentially bullish aspect of this Yahoo consideration of increasing crypto-currency involvement.

Here is the proper news link, by the way.

https://www.coindesk.com/yahoo-japan-launch-cryptocurrency-exchange-2018-says-report/

Initially, I thought that you said that you had entered a short, and then you cancelled (or closed early) because you did not have enough nerve to wait it out.

So, this subsequent short appears that you decided to enter another short, which did not work out.

Your thinking on this whole topic seems to be off, and several of us, have mentioned decent ways to buy on the way down and sell on the way up... both of those protect you from the downside, and  generally you do not need margin in bitcoin in order to make a lot of money... which is likely to remain true into the future.

Since I have largely been floating my BTC dedicated funds (that is BTC/dollars that are dedicated to BTC investing) BTC/$  ratio in the 87% to 97% arena (currently at about 93.5% BTC), I will concede that the total value of my portfolio in terms of dollars is way more valuable when BTC prices go up, and all of my activity back and forth is difficult to measure, and even does not look that good, in terms of dollars, when BTC prices are going down; however, a key component in this whole matter is to NOT get caught up on the dollar value of the holdings, and instead be attempting to accumulate BTC.  

If you value your wealth in BTC, then in the long term then in the long term, it is very likely that you are going to be richer in dollars, too.  You just should not be getting caught up in short term assessments that your wealth is going down in dollars, merely because bitcoin is going  down... .. Bitcoin going down equals buying opportunities and just continue to attempt to remain judicious in order that you never run out of BTC to sell on the way up and dollars to buy BTC with on the way down.

If you take these above principles to heart (currently the buying on the way down aspect), and stop fucking around with various attempts at gambling with margin plays, then with the passage of time your wealth is likely to continue to increase.



I'm sorry that you keep switching back and forth.  Fuck that margin shit.. and who gives a shit about all the bear talk, even if it is coming from credible sources in this thread.. just figure out your own budget and continue to buy as the price goes down.. and try to figure out your buying points, even if you have to not buy any BTC between $6500 and $8800 and wait until below $6500 (if it were to happen, or something like that).. you gotta figure out your own budget, cash flow and buying points while keeping enough for extreme scenarios either way (that may or may not happen).

Does it go without saying that this post constitutes evidence that jbreher remains delusional..

1stly) JJG is not plural.   

2ndly) ascribing a self aggrandizing self-assessment seems a form of irrelevant personal attack

3rdly) Marking territory, me?   I thought that I was merely engaging in a back and forth discussion... Surely, I will concede that my back and forth devolved in a bit more of a personality assessment of Rosewater than perhaps necessary, but Rosewater is also bringing some of this on  himself/herself, too.  Further, my assessment  in that earlier post, namely juxtaposing the ideas of toothless and spineless, was meant to communicate about internet sensitivities - all be it, concededly, my post did devolve in a kind of personal way, too.

TLDR:  Shit happens.

In essence, you, karmicpanther, fail and refuse to recognize any kind of value in the merit system that has been created.  Furthermore, likely due to your failure and refusal to see value in this new merit system, you are starting from the wrong premise to expect that such new system is completely abandoned in order to implement a new system (which if you had your way seems to be that you merely want to return to the old system)...

In other words, you are coming off as both a self-absorbed nincompoop who tries to blame while deflecting issues, which causes you to  lack  credibility regarding anything that you are suggesting about this subject matter.

Only the toothless part of my comment was a jab at your seeming current situation because Rosewater mentioned you as his inspiration, and yeah, maybe a kind of poor word juxtaposition that too quickly came to my thinking to attempt to combine the idea with a shrinking away kind of hiding and "spineless?"  but anyhow.. there are probably better ways to go with this whole attempted play on conflicting character combinations that contribute to our confusing and scary times.. whether up, down or sideways....... and the down becomes more scary for any of us HODLers the more likely it seems and the farther it goes - even when it is not certain... 

You seem to be quite in touch with your understandings of the physical imagery of this interweb's back and forth that is largely related to bitcoin price dynamics and real life dilemmas.

I, for one, value your highlighting possibly short-falls and contractions in these matters, and surely, your having both teeth and a spine is likely insightful as long as we can preserve devolution of this ... because surely Rosewater and some other WO thread readers can be sensitive.

Does toothless go with spineless?      haahahhahahhaa...   All in good fun, of course.

I hope that this time you disclose your "safe word" to some some person IRL...   


Disclosing your plan to interweb personas will not work too well, unless you have figured out how to get WO-Bot or some other AI or a script to prod you at a more or less a fitting time.   

I suppose you could set a BTC ticker alarm as long as the power does not go out, or the web is not disconnected leaving you to shrivel up like a plum turned into a dried out prune. 

I give slightly greater odds to down in the short term, but what do I know?  Furthermore, I am stocking up more and more and more on bitcoin, so I am tending to be more and more prepared for UP, even though I am feeling a little bit nervous about whether there is enough buying pressure out there, whether that is manipulators or broader support. 

On the other hand, sometimes a short squeeze could come when the shorts begin to stack up too heavily....

EXACTAMENTE!!!!!  You gotta grow the fuck up once you reach Legendary,

EXCEPT

when you are trying

to make

an EXAGGERATION


point!!!!!!!!


which is most of the time for me.

1) your prior post was suggesting that I was reading too much into the contents of the ETH shiller's post.

2) flippening has always been ETH, even if it had been used in other projects.  I had attempted to sort through by calling the flippening, the cashening, the rippling and the dashening... and there is also the flappening (which is the proposal that litecoin is going to overtake bcash's marketcap).

The snot-nosed 12 year olds don't know that it is is going to $30, and they want to pump as much life out of it as they can... because they believe in the flippening.  Haven't you ever heard of "the flippening" Tera beara?    omg

O.k.... now in that context, what Bob had said makes more sense, and sure there seems to be a fairly decent amount of guidance in that message.. more than I had seen from theymos in other merit related messages/posts.