Sounds like a good idea for anyone willing to put in some work...

Furthermore the chartbuddy replacement seems like a good idea, too, but has not been around for nearly two years, ever since butt hurt Richie_T ran away with his marbles.

Thanks for overviewing some of your background motivations and experiences.

Sometimes retrospect can be 20/20, and there are a lot of folks who say, we should have done x, y or z - but surely the better plans are to attempt to figure out something that works and to tweak along the way.  As an example, currently, the we should have sold at $20k is a bit tiring and also a factor that should NOT be causing reasonable BTC hodlers to sell now, even though it could be a consideration for how to approach future price movements.

Regarding GOX:  Even though I had already started buying BTC before the 2/2014 Gox shutdown, I don't think that I gave it a lot of significance at the time that it happened - even though it was a really BIG losing of coins for the overall space, and moreso for the various individuals who may have had decent portions of their own stash in that one location. 

I think in retrospect, I am coming to realize that the GOX event was more significant than my then attributions of it.  Further, I do understand that any GOXing or otherwise feeling screwed over by some narrow set of events- including some folks who may have gotten hacked or made some presumptuous but losing margin bets, these kinds of events may cause the taking of a lesser position in the space.. and then 20/20 wished that they would have taken a stronger position.

Overall, we can learn from our experiences, even if negative, and having to decide how to proceed from here... not getting discouraged by some of our historical bad happenings, which we are all likely to have, especially the longer that we are involved the space.

O.k.   And that would have been about early 2013.  What did you do, and what have you been doing  the past 5 years?

There have been a lot of dips, lots of opportunities to sell and to rebuy and to either make or lose money.  What has been your approach?  How many times have you been tricked out of your coins in the past 5 years?

Your generalization is a bit much, no?

There are some folks who put all their eggs into crypto, but that is a pretty fucking small minority, even folks in these threads do not necessarily put all their eggs into crypto.

Regarding getting rich and strategy, yes, bitcoin has proven to be a pretty wise investment relative to other assets.  Even though historical performance does not establish future results, there remain really decent signs that putting a decent amount of investment into bitcoin is going to continue to provide decent future performance value.  Nothing is guaranteed, but if you know about bitcoin, then it seem prudent to have some of your value in it.

Reminds me of this earlier thread of posts:

I am not really against investing in various alts or ICOs; however, I think that one of my BIG beefs and motivation for my slogan is that a lot of peeps seem to get misled into some kind of crypto diversification approach right from the start of their investment, and they don't know shit about anything that they are investing into and just throwing wet noodles at the wall and hoping that some of them stick.

So, in fact, if you know how to focus, then you might be able to choose a few alts and do really well for yourself in the short term, but if you are blindly investing, and you don't really know, then it is likely better to start with dollar cost averaging into bitcoin first.  Study up on it, and maybe diversify later, if you believe it could be helpful to you, and probably not with a large percentage - but instead keeping the vast majority in bitcoin.

A lot will depend on the individual, including the extent to which the individual has traditional investments, and also age plays some role too, even though youthfulness should still not give a complete license to being overly risky (though youthfulness does allow for some additional risks with the understanding that you have more time to make up for any shortfalls that might happen with risky investments that did not turn out good - but the goal should still be attempting to invest in profitable assets when possible and to attempt to learn how to do it better for your own situation rather than an initial blindness that might be true for most crypto newbies). 

I am actually around 2 to 3% too, yet I think that I am creating a bit of a trick question with the concept of "needed" since there are so many alt coin pumpers who try to suggest diversification within crypto is "needed" .. but really they are frequently diluting their bitcoin holdings with a bunch of shit.

Sounds like someone who does not know how to differentiate regarding what is bitcoin, and is grasping at straws with false analogies.  In other words, just making shit up.. because he has seen such happening before.

Get the fuck out of here you fucking goofball disingenuous FUDster, bringing up a supposed three month old conversation that I barely even recall, and if we did have such a communication, I sure that we can rely on your representations.... NOT....

If you do not recall I don't fucking predict the market except perhaps to say 50% this way or 60% if I am feeling confident.

I don't really give blind or blanket advice, but I do recommend that peeps figure out strategies that work for themselves and they tailor for themselves, and they try to plan ahead because some strategies seem to work better than others.

 I recommend a similar strategy no matter what the price, which is a kind of dollar cost averaging buy on the way down and sell on the way up... Of course, you can tweak any strategy here and there, but any strategy depends on personal circumstances and if the person has any stake at all in BTC or has been in BTC for several years...

So get the fuck out of here if you are trying to suggest that I am telling folks to buy on the way up or some other out of context bullshit that you are striving to attribute to me with your ongoing shitty ass assertion that "will probably" go to $3k without any kind of substantiation beyond hopium and throwing darts, perhaps.

This forum can be used as a means to discuss various strategies when it comes to bitcoin investing - looking at short term or long term price dynamics, and of course from time to time, people are going to differ in their opinion and their approach.. some will be more and some will be less profitable, including strategies that might start out with greater or lesser levels of capitalization.

Some folks participate in this thread because they are trying to create price effect, rather than merely reading the effects, and some folks here find that kind of behavior annoying.

My buying and trading of BTC strategy has been doing pretty well for me, but I am still ready, willing and able to learn from others, and willing to share information about my strategies and experiences, too...

I have not mentioned s-curve recently.  Either you are a bot creating automated responses or you are getting me mixed up with someone else. 

Sounds to me that part of your objective is to post in order to try to push the price down since you already sold, and therefore you are talking your book.

In regards to my book, if you have never really read my posts, my practice is to buy as the price goes down and to sell as the price goes up.  So I have buy orders already set nearly down to $3k; however, like I already said, I am not very optimistic about them filling on this particular correction.  So, if i were going to sell, I have mostly already done it, but I don't really care that much which way that the price goes in the short term, even though I am assuming that in the long term it is quite likely to go up... but even if it only goes up a little bit that is fine with me.  Any kind of s-curve adoption, as you suggest would surely be icing on the cake since I have already established decent profits even if BTC prices do not go up very much.

Maybe you need to zoom out a little bit to understand context?

Stop pursuing technical one-liner interrogations, and attempting to imply that you are some kind of all-knowing expert who only speaks in conclusions.  Why don't your respond to what I am saying, and provide some substance, but instead you want to act as if you know something and you don't know shit. 

You should well realize that if people are investing then they are trying to maximize their Bitcoins, so of course, they sell bitcoins in order to acquire more bitcoins.  But whatever, you are not really  wanting to engage in any kind of meaningful discussion except for your supposed insightful hopium driven prediction that bitcoin "probably will" drop to $3k in the near future, right?

Get the fuck out of here.

You have not made any kind of meaningful response except for implying that we are in a early 2014 rather than an early 2013 type of situation, and you have not even stated that, so I am giving you goofball FUD spreader the benefit of the doubt about what you are claiming exactly beyond mere proclamations.

Regarding my personal strategy, I have not been shy of sharing it through my more than 4 years in bitcoin as I have employed the strategy and how I have tweaked the strategy over the years.

So get the fuck out of here with your assertion that I am merely blindly holding or that I am a bag holder...

Consider the whole matter in context, and I would assert that blindly following some nonsense like your assertion is likely going to cause people to sacrifice coins...

"Probably will," that is a pretty fucking strong statement.

To me, "probably will" means greater than 50% odds, and I will ballpark assert my doubts that you have greater than 30% odds on $3k coming true in this particular correction.  

We already had a 70% correction down from $19,666 to $5,920... so you believe that there is a decent chance of eeking out an additional 15% to bring us to 85% of $3k, but we are going to have to break several areas of support before that even becomes a reasonable proposition... no?

First of all getting below $10k, then every $1k lower is going to pose some support that needs to be broken through... and perhaps if we get below the support at $7,500 then there would be a decent shot at $5k... but we gotta past a few support areas first, so you seem to be quite premature with your "probably will" assertion...

And sure I have seen your FUDster bearish (and wrong) proclamations in this thread past, so maybe you will get lucky this time.. perhaps, perhaps, but perhaps not, too....?    The odds seem to be pretty heavy against your asserted "probably will" expectations (even assuming that you even believe it yourself?).   

I am telling your that I am not making any such claims, so it does not matter what you can quote, .... you are attempting to distract with nonsense.


Get the fuck out of here.  I already responded... so you repeating with the same questions that I already answered.

Can you find some other funzies?

Are your orders not filling fast enough, and you are trying to find a new hobby to spread more nonsense and to distract from claims and to assert that peeps (yours truly) is claiming something that is not being claimed?   Helrow goofy bear.   

Just because it can hit $3k does not mean that it will.

The good information is that the bearwhales  are going to attempt to shake as many weak hands as they can... and if they can get the price to go down, then they are going to do it.. they are going to do it and do it and do it and do it, until they do not have a choice, and at that point the price is going to go up.  So, yeah, if they can shake you and Rosewater, and BMB and a few others, then they gonna do it... and sometimes it is not clear if they can do it but they are going to keep trying until they do not have a choice and the price goes up, after all the weak hands are weeded out and confidence is lost.. and it is seeming that we are not quite there (ready for up), yet.

Don't be ridiculous.  I am making no such claim.  This subject matter is completely about the absurdities of that nutjob craig wright, and i could give a ratt's ass about his person...

He made a stupid ass claim that he is satoshi, and he did not provide evidence or logic to support such claim, and then some people, including searing, apparently, still believe that the claim could be true...

so don't be trying to make this some kind of claim about what I think... about who could be or could not be satoshi.. because I could care less who is satoshi and he is likely dead for all intents and purposes... and this stupid ass imposture craig wright is trying to take advantage of a vacuum by inserting his slimy dishonest mug into the space.. while you sit around supporting him by distracting from the situation with some kind of lame attempt to "impersonalize' the argument and to distract from what is going on... just like you do with the bcash nonsense...

oh wait,? they are all part of the same camp and if you can spread fud about craig wright being satoshi, then maybe you can get some dumbass newbes to buy some of your shitcoins, too? 

Merits are not reversible... when you go to send an smerit(s) to someone, there is a note below the sending of the smerit saying, "This cannot be undone!" which means that the sending of the smerit is not reversible, once you send the smerit, the merit is forever received by the recipient, and forever subtracted from your smerit bank... 

The warning seems pretty clear and unambiguous, and it even has the exclamation mark in it... which serves as a kind of emphasis, I suppose.