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321  Other / Beginners & Help / Re: My decision on bitcoin on: May 02, 2024, 12:21:38 AM
Are you too concern about failing? Are you afraid of making mistakes? Because you sound confused, you don't know which way to go about it, the thing is you have no past experience with Bitcoin investment, I understand but you need to start somewhere, so that you can also have past experience with Bitcoin.

You called your old phone useless, how will that turn into a good amount of money? I bet it won't be much after you sell the phone, see if you want this to be easy on you, it's better you get a source of income first, and start dollar cost averaging on Bitcoin after your pay days.

Sacrifice some percentage from your paycheck into Bitcoin every week or every month, this way you won't have to worry about what price you are buying Bitcoin at, you are simply scooping it up at the available prices, and make sure you hold until Bitcoin makes a new all time high.

If you are confused you should do your own research on DCA, and go on from here, it is very important that you have a source of income, this is the only way that Bitcoin investment will be easy for you, panic and unnecessary actions will be far away from you.
I agree with everything that you are suggesting Crypt0Gore, except, with bitcoin, I have my doubts about any kind of need to consider a specific exit price - even though surely it is good to know that you have abilities to buy and abilities to sell, but you would not necessarily plan on selling until maybe 4-10 years or longer down the road... and even at any point of starting to choose to sell some BTC, it would seem rash to be planning on selling large amounts of BTC rather than mostly erroring on the side of holding and/or selling small amounts... .. but surely, these are differences between an investment and a trader mindset and also difference in terms of how a person might consider BTC as perhaps being one of the best investments known to man... .. and yeah, it is not guaranteed to stay in such category... .. there are surely attacks against it.. especially in the self-custodial direction, which is what actually gives bitcoin its power and/or value.
crypt0Gore I appreciate your concern, but if you check closely, this thread was created on the 8th of September and I had very little knowledge about bitcoin then, but all thanks to Mr. JJG and the "buy the dip and hold" thread that expanded my knowledge on bitcoin accumulation strategies. at first I use the money from my sold phone to buy some sats and I was a bit confused because I only knew about the lump sum strategy, but after my exposure to Mr. JJG teaching I begin to employ the DCA strategy and that helped me till today, though I deviated a bit and use the combination of more than just one strategy which kept me in a more comfortable state. today, I am proud of my bitcoin accumulation and holding and plan to keep it for long term close to a decade.

I am glad that some members have gotten some value out of some of the discussions of both long term investing, but the value that likely comes from ongoingly continuing to make investing into BTC, whether it is DCA or if there also might be some supplementation with buying on dips and/or lump sum investing, depending on cashflow situations and abilities to figure out discretionary income levels in such a way that a person might be making sure to hold cash and to invest at the same time, meaning to manage his reserves, emergency fund and float... and so there can be strategies that are somewhat aggressive, but if a guy is still learning and figuring it out, there may be a lot more value in keeping the investment amount way less aggressive in order to keep some cushion and even to have some extra cash around that is going to create feelings of wealth, even while ongoingly investing into something like bitcoin.

Another thing is that I keep saying that guys that got into bitcoin in the last year and a half are really somewhat spoiled since the BTC price has mostly just gone up in the last 18 months.. .. yet even though they are spoiled, there still can be a lot of dilemmas, especially for newbies who sometimes will feel that they need to cash out some profits, so I am not even suggesting that they might not be faced with some difficult decisions in regards to whether they are really committed to investing and building their BTC holdings over the longer term.. which may well be more than 10 years, or if they consider that there might be some value in selling on the way up  and then potentially never really being able to get to higher levels of BTC accumulation since if they sell at various points, they may well not be able to buy lower and/or to really be assured that their BTC stash size is actually growing over time - even if their average cost per BTC might also be growing if they continue to buy and the BTC prices continue to go up - in spite of our being in the midst of a fairly decent size BTC correction right now.. .. which would be right around a 23.5% correction from our March 13 top of $73,794 down to our bottom from less than 24 hours ago of $56,500.
322  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: May 01, 2024, 11:56:48 PM
I am not assuming anything, except that anyone investing into bitcoin has to have discretionary income if such persons are going to invest into bitcoin or anything else.  If such persons do not have discretionary income then they are gambling rather than investing, and I am not suggesting that anyone gambles.
This is what is happening now sir.. Lips sealed

Sure, a lot of people make mistakes at various times because they might be investing beyond their discretionary income, so then they may well get frustrated when the BTC price drops because they were hoping it to go up so that they could scalp off some profits.. which surely some times those techniques can work in favor of the person who is gambling, but surely it does not seem to be a good way to approach such a volatile asset like bitcoin tends to be.

By the way, it is true that trading works way better with volatile assets rather than non-volatile assets, so if you know what you are doing, then surely, there is way more potential to make money in BTC because of its close to inevitable volatility..

One of the problems that I frequently attempt to point out is that bitcoin is amongst the best of assets known to mankind (even currently as I type this post), so there does seem to be some silliness in screwing around with trading it, even though there could be some smart ways to engage in some variations of trading it - though surely it also seems like one of the wiser things would be to at least build up some kind of a decent holdings in it prior to fucking around with trading it and if anyone is trading it, then that trading portion of their BTC holdings may well be limited to only a small size of their BTC holdings, perhaps 10% or less unless the person has special skills for trading, which most people do not, even skilled traders might have troubles in actually making trades with BTC that are more profitable than a mere buy, hold and accumulating of BTC strategy.

So far I am still holding back, and trying to increase the assets I have. Selling, buying, or holding is an absolute decision that every investor has. However, before making that decision, it would be better if we did some research. Each person here may have a different portfolio, so their decision choices will be different. So far I prefer to hold and collect assets.

Since you seem to be so excited about "collecting assets," you may well be too involved in shitcoins.

For example, we can look at your forum registration date, and then we can see that if you had been investing $100 per week into bitcoin since your forum registration date, you would have had invested right around $44.2k, and you would have accumulated right around 17 BTC, so that would not be a bad place to be.

Has whatever "collection of assets" approach that you have been employing paid off better than a strategy that somewhat strictly attempts to stay focused on BTC accumulation?  Of course, your numbers might be different in terms of the amount that you might have had invested over the last 8.5 years-ish.

And, I am not necessarily saying that guys need to completely stay away from shitcoins, especially if they either have irresistible urges to gamble or they might have some curiosities about shitcoins, yet most likely it would be better to limit the amount of your involvement in shitcoins to less than 10% the size of your BTC investment - and yeah, I understand compulsive gamblers have difficulties limiting themselves, so that is on you if you are either not able to limit your gambling or if you might not have some prudent ways of involving yourself in assets that are likely both inferior to bitcoin but also really likely to be quite correlated with bitcoin, anyhow.. (meaning that the assets you are collecting - if they are shitcoins - may well depend on bitcoin performing well in order for them to hold their value and/or to otherwise perform well).

So far I am still holding back, and trying to increase the assets I have. Selling, buying, or holding is an absolute decision that every investor has. However, before making that decision, it would be better if we did some research. Each person here may have a different portfolio, so their decision choices will be different. So far I prefer to hold and collect assets.
But still is better to get to a certain point in your accummulation where you have gotten yah self a good Bitcoin stashes, before thinking of withdrawing from your investment. So if you have gotten so such point you may decide to withdraw anytime, because at then you may already be in good profit depending on your bitcoin accummulation, for instance those that started accumulating bitcoin 4 years back may have gotten he or her self some nice quantities depending on his accummulating rate , let's me say at that time Bitcoin was around $10k and an individual kept on using DCA to purchase Bitcoin till  now , and Bitcoin has been growing through those years and Bitcoin even created a new ATH (that's going to beat soon). So if that individual has gotten himself a pretty good stash doing those years, taken some profits now won't be any issue because you have already be in a great profit due to yah long-term accumulation and holding.

You might be correct I_Anime, yet we cannot necessarily assume that folks were able to figure out that they should mostly be focusing on accumulating bitcoin, especially since OrangeII is talking about "collecting assets" as if that might be a reasonable (or profitable) strategy.. it is like he is saying that he has ongoing inclinations to diversify with shitcoins.  

So, yeah, even though it appears that OrangeII has been registered on the forum for around 8.5 years, for some reason he still considers some kind of value in fucking around with other "assets," and maybe even if there might be some personal preferences in that regard, yet the fact that he is sharing it as if it were something that others might want to do, causes me to consider that he may well be too distracted into various shitcoins, and surely there could be some ways that the investment portfolios of guys might perform better with some various shitcoins contained therein, I would suggest that the likelihood of outperforming a more strictly focused BTC strategy would be that great, which is part of the reason that I pointed out how many BTC OrangeII could have had accumulated over the last 8.5 years if he had employed some kind of a BTC accumulation strategy that involved DCA.. and sure it is possible that whatever he did over the last 8.5 years might have performed equal or better to such a strict BTC DCA strategy, yet I have my doubts that even if he did similar or better that whatever he did is something that would be replicable and/or recommended for any normies currently coming into bitcoin (or who might be in their earliest of times in the their BTC accumulation and/or building stages).

One more point in regards to your suggestion that some guys might be in an o.k position to start to shave off some of their BTC profits after merely 4 years accumulating, I am not sure if that would be generally an expectation with such a short timeline unless they were able to front-load their investment somewhat with various combinations of lump sum investing, buying on dips and/or DCA, and sure there could be scenarios that guys have put themselves into a strong position to be able to start shaving off BTC in around 4 years, I really have my doubts, especially since presumptively there would be several buys in there that would have not even run 4 years, and so sure some of the buys were further back and at lower prices and other buys might have been at higher prices, so the set there may well ONLY be some special circumstances in which bitcoin accumulators are able to get to a position of being able to start to sell BTC after only being in BTC for 4 ish years... but yeah, your overall sense seems to be correct about the longer that a person has been in the market (meaning been in BTC) then the more likely that he is going to have more prudent BTC portfolio management options that also might include some abilities to sell some of his BTC.
323  Other / Meta / Re: Top reporters on: May 01, 2024, 08:22:30 PM
Frankly I don't know why I bother doing the reports, other than it gives me a personal satisfaction to see absolutely shitty posts get deleted. Bonus satisfaction points if they would have counted toward that week's sig campaign payment.
If only we could see their face after they see their posts disappear Cheesy
My evil side still wants to Merit a user right before he gets banned for plagiarism, just to make it hurt a bit more.

I've done that.



Not on purpose, though.


I wonder if there might be a bit of a dilemma for theymos in regards to putting out a top reporters post.. it is like saying: "here are the biggest tattle tales," an I am not even trying to denigrate "reporting" concept.
324  Bitcoin / Bitcoin Discussion / Re: Biden is asking Congress to kill the American Bitcoin mining industry on: May 01, 2024, 08:10:35 PM
He is not looking to kill it, he is trying to impose the DAME tax, DAME means Digital Asset Mining Energy, and the idea is to start with this tax from 10%, then 20% in the next year and 30% on the 3rd year.

So, the plan isn't to ban the mining, but with those huge taxes, no one will want to mine there. Is not a good business. But i don't think congress will let that tax come to live, and if it does, they will stop it before the 3rd year, because other way people will start creating illegal farms.
Don't you think people who are mining bitcoin don't mind relocate to the country that is more favorable because I believe this isn't the sole purpose because for him to keep increase tax every single year shows that it's indirect killing therefore when it's much on people those who don't find it favorable don't quitting, and if he sees that people still instigating then he would have to turn the other way round just to make sure he entirely eliminate it.
Its like he say it take it or leave it since you don't have a choice since I am the one who have authority to implement something that I like to happen. That's why I think maybe its good for miners to leave on a country that doesn't give any favorable chance to do a legal business. There should be a country that best accept this operation and for sure for migrating they can escape those heavy regulations made by those abusive government.

What they do is somehow power tripping since they really want to eliminate some industry that they maybe don't understand or hard to control that's why this people throw up something bad implementation and leave those people doing good business no choice but to swallow what they want even if this is against on their will.

I am not going to claim to be any kind of a hard politics expert, but sometimes the legislation and/or policy proposals can be considered as a kind of negotiations position, and yeah, many of us know that the US Govt has tendencies to act like bullies, and that posturing has probably gotten worse and worse and worse over the years, including that it is a kind of way to project power, but at the same time some of the power projection attempts are not able to be successful in terms of either being put into an actual policy or even having abilities to enforce - while we also know that divide and conquer kinds of enforcement is not an uncommon practice. 
325  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2024, 07:07:33 PM


It is sort of funny that this message got cited live by Tomas on World Crypto Network..   it was at minute 50 and 44 seconds  (you can hear it right here (queued in and everything).  

He read it (as a "shout out"), and he said, looks they are allowing shout-outs, but he did not speak of the substance of the message, so admittedly, he must not be a WO regular (or perhaps a forum regular).. not that anyone would automatically get the context.
326  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2024, 07:59:55 PM
That does seem to be true... There tend to be quite a few opportunities to get back in, but surely, there are also a lot of folks who become too greedy because they wait too long..

And, yeah, every once in a while, the opportunities to come in below a certain price point, become no longer .. .whether or not $53k to $59k become available or whether sub $53k becomes available is still to be found out, and surely, there are not going to to be too many times that I am going to suggest for anyone to wait, unless they have already bought at sufficiently at the current price point, such as buying in the lower $60ks may well give some luxury to wait to find out whether more is going to be buyable in either the upper $50ks and the lower $50ks..
Now the price of bitcoin had crossed the 60k lane,it allow the market to go low further.Because we had the bull run for the longer period,So being a trader we must understand the new market will move to 59k-53k dollars as you said.After the mark of 70k dollars,the demand of bitcoin was reduced.The old holding people started to sell their long holding bitcoin,this was the reason for the price decline for now.When the demand was reduced and the selling ratio was gradually increased means,it automatically leads to the bear market.The reason is very simple,the new selling order was placed on the continuous way.

We don't go from a bull market to a bear market, merely because a correction ends up coming or the correction ends up being deeper and/or longer than expected.

Sure, you might be defining bear market different than me, but it sounds retarded to be flip flopping from bull to bear to bull, when the fact of the matter more likely lies within the context of longer trends, that so far in bitcoin can largely be framed in terms of 4 year cycles that have a peak and/or a low point per cycle and we cannot necessarily know when they are going to be and we cannot necessarily know that they have happened until they had already happened.

Another thing is that even though historically they have been 4 years, we cannot necessarily count on that either.

Sure, it is possible that this particular bull run (or bull market is over), but I doubt, and sure I could be wrong.

I think that the better way of framing it is that from Novevember 2022 to present we have been in a bull market, but we might not have had realized it until mid-2023 or perhaps even October 2023.. but in any event we are in a bull market, and so this price correction that we are currently experiencing is not taking us out of the bull market, even though we cannot know how deep it is going to go or how long is its doing to last.. and surely the deeper it goes and the longer it last, then it could end up taking us out of the bull market, but it seems way too premature to be flip-flopping around with claims that we are now in a bear market.
You can call it what you like, but I am going to call you premature and also retarded for making such assignments, unless maybe we start to get within 20% of the 200-WMA, then I might be willing to potentially concede that we might no longer be in a bull market.

And don't call me a hypocrite since I still have buy oders going down into the lower $20ks, even though surely, I would be quite surprised to even see below $40k, and I think that I was close to be willing to have bet on that previously, so maybe we will see dragonvslinux re-entering the WO space.
The price of the bitcoin was struggled to reach 30k dollars last year and was in the range of 20-28k dollars for longer period.Once the market was reached the 30k mark and gradually reach the 40k dollar in the 2024 halves,the price of the bitcoin increased tremendously and reach the highest capital of 70k dollars.

Any of us could look at the BTC price charts and we can see that is not how it happened.

Between November 2022 and October 2023, we have gone pretty much straight up to $30k-ish, yet there were a few corrections in there, so during that whole period we spent quite a bit of time below the 200-WMA.. yet right around October 2023, it seemed to have become more likely that a spot BTC was going to be approved, and it seems that there might have been some front-running kinds of buys going on that pretty much pushed the BTC price up from $27k to nearly $74k, with a few corrections along the way..

And, so yeah, we have now been in a bit of a correction since the March 13 high of $73,794 - yet so far that has only been around 6 weeks, and the correction has not yet gotten into any kinds of violent or severe levels since so far there has only been around 19% out of the whole deal with a low of so far $59,629 and with current prices seeming to want to go below those levels . but still we can still be in a bit of uncertainty regarding how low the price might go and for how long it might stay there.

Many expected 80-90k mark in the May month,but the reverse path was going on.

So what?  Yeah, the momentum and the trend appeared at least we would get through no man's land, but so fucking what?  it did not happen.  None  of the matters are guaranteed, even if it appears that the momentum is going in a certain direction, sometimes the momentum changes, and it is not always clear when the momentum has changed or how long it is going to last in terms of a correction. or even if some might assert that we need 30-50% or more of a correction rather than our so far 19%.. which is currently being tested (and just broken below) as I type this post... $59,068 as I am typing.. but in the middle of a falling knife.. so ... these prices do not seem to be holding very well.

This is just the stabling of the market,but some traders get fear and reduce the price further by doing the sell order and try to cash out their bitcoin to usd.This panic selling was the biggest blunder by the new cryptocurrency traders.The bitcoin is just going to stable at 53k-55k before the next bull run to the 80k target.

I am not going to proclaim to know how far it will go down and if it will bounce back quickly or stay down there for a while.  It can be difficult to know, especially during times in which the price seems to be moving a lot (which seems to be the case today, with a correction of getting close to $6k in the past 18-ish hours.. and not currently seeming to want to stop.
327  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: April 30, 2024, 07:18:54 PM
Okay. We have 2 paths for the date.  One, I change the script to accept multiple dates, which is good for graphing.  Or, two, we ditch the date, and the script automatically assigns the current UTC date to the report.

I've been manually inputting the multiple dates to one's personal spreadsheet, because graphs.  So please don't discourage multiple dates in one report.  But do vote.
One or Two?

One

since it seems that 2 would put the UTC date as of the date of the post, which is likely going to screw up your system, since 1) you are not going to stop members from quoting other members and/or their reports. 2) members might still end up submitting two different reports on the same date.. but I suppose your system would always pick the latest report by any particular member.

We have been doing 1 so far, and doesn't 1 already work?  or are you saying that currently you are having to do too much fixing of the substantive details of the report before it prints.

I am not sure how 2 improves anything.. but whatever, I don't see any reason to vote.. .. you just tell us which system works best for you, and we just change how we submit our reports based on what you tell us to do. then if we change the way we do our reports, then you have to re-teach us the new format.

I am not attached either way, but I did vote as you instructed.
328  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 30, 2024, 06:24:14 PM
Diversifying is a good idea, but measures need to be taken before venturing into any investment or business. That can be met if after taking partial profit from your bitcoin holdings, ensuring not to offset your Bitcoin accumulation process and account, you use the profits to invest into a prospective business you have knowledge of this will help to balance your goals too. Though there is no guarantee that such business will yield more in the early phase but overtime it will be worth it. This is the best approach for me on how to use some of our profits made.

Also ensuring a reinvestment into your Bitcoin holdings.
someone is 20 years late if he only has 1 source of income now, there are many ways to make money now as long as you are willing to work hard for it, i myself have an investment in bitcoin which i have been doing for the last few years, although not consistently but every several months i continued to buy and sell the bitcoin that i had, as a result my portfolio rose 30% (plus my payment in the signature campaign) since i first decided to invest in bitcoin.

apart from investing in Bitcoin, i also diversify my investment in several assets, such as gold and property, but i plan to sell several percent of my gold investment to buy Bitcoin.  Actually, diversifying investment is quite challenging, especially when the assets we own move quite wildly.  Don't put all your money in 1 basket, this is what i remember.

There is no reason to diversify for the mere sake of diversifying.  Maybe you heard that idea of diversifying from a shitcoiner?  or perhaps from someone who was trying to sound smart, or sell you something?  Do you believe everything that you hear?

Surely if you have accumulated a year or more of income/expenses worth of investments/savings, it might start to make sense to diversify.. but the mere proposal to diversify for the mere sake of it, just because it sounds good (or smart) does not make a whole hell of a lot of sense, especially for someone who might be in his earliest stages of building his investment portfolio or if he has a small disposable income and he is only investing $10 a week or some small amount (even $100 per week is not very much), then you want him to divide that $10 per week into smaller lots.. .. think about how dumb that sounds as a blanket statement... .but yeah, once you get to a certain size, then some diversification might start to make sense, and perhaps adding one asset at a time.. maybe every 1 or 2 years add a new asset.. .

but no need to rush into diversifying into anything that might not make sense (especially something like shitcoins, which would be gambling rather than investing, but some folks might consider shitcoins to be amongst the only practical things to buy, which might not be a good idea.. but people have to decide for themselves)... but yeah the traditional assets of property, equities, bonds, commodities, cash/cash equivalents, seem to be part of what you are doing.. which is not necessarily wrong, but not necessarily a good idea for everyone depending on the totality of his investment portfolio and how it might already be divided up.
329  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2024, 06:18:04 PM
So then why should anyone (whether bears or low coiners or no coiners) be given another opportunity to buy coins in the $50ks?  I see no reason for it.. but at the same time, Corn is going to corn.. so it is not like the level of the correction and/or the extent that we might end up staying down to whatever levels that we end up going needs to make any sense.
Corn has a forgiving nature. The non-believers usually get a chance or two to get back into the game.

That does seem to be true... There tend to be quite a few opportunities to get back in, but surely, there are also a lot of folks who become too greedy because they wait too long..

And, yeah, every once in a while, the opportunities to come in below a certain price point, become no longer .. .whether or not $53k to $59k become available or whether sub $53k becomes available is still to be found out, and surely, there are not going to to be too many times that I am going to suggest for anyone to wait, unless they have already bought at sufficiently at the current price point, such as buying in the lower $60ks may well give some luxury to wait to find out whether more is going to be buyable in either the upper $50ks and the lower $50ks..

And don't call me a hypocrite since I still have buy oders going down into the lower $20ks, even though surely, I would be quite surprised to even see below $40k, and I think that I was close to be willing to have bet on that previously, so maybe we will see dragonvslinux re-entering the WO space.
330  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 30, 2024, 05:42:53 PM
[edited out]
Diversifying is a good idea, but measures need to be taken before venturing into any investment or business. That can be met if after taking partial profit from your bitcoin holdings, ensuring not to offset your Bitcoin accumulation process and account, you use the profits to invest into a prospective business you have knowledge of this will help to balance your goals too. Though there is no guarantee that such business will yield more in the early phase but overtime it will be worth it. This is the best approach for me on how to use some of our profits made.

Also ensuring a reinvestment into your Bitcoin holdings.

Yes, there is a decent amount of personal discretion in making and following through with these kinds of decisions regarding, when, where and how to invest your money - perhaps based on BTC growth and or some needs (or feelings) to not have all of your investments in a narrow set of assets, such as ONLY in dollars and cash.. or maybe even if you have one or two other things, you might not feel comfort in that, especially if your BTC investment might have already been growing for a decent amount of time, such as 10 years or more.

Hopefully any of us would be attempting to tailor our own approach to BTC allocations and/or reallocations and/or diversification in terms of of our own working through of our 9 factors.

Surely another factor of diversification is that people come into bitcoin and they erroneously believe that they need to diversify early on in their investment, which truly is not correct,  yet it can be difficult to know exactly how and what points to diversify, which largely means that individuals have to figure out these kinds of matters for themselves, and hopefully they can come to the right kinds of balances, especially if they are figuring out how much discretionary income they have (or other money that they have saved up/invested), so how much capital they have can also affect how reasonable it might be to diversify, and hopefully not getting distracted into shitcoins either, except maybe if they feels some irresistible urges to gamble with shitcoin then they would not invest anymore than 10% of the size of their bitcoin investment (and hopefully not cheating either in terms of draining their BTC investment by divertiing BTC funds into crap that is losing value).
331  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: April 30, 2024, 05:33:04 PM
Hello everyone here please am new here and will like to partake on this interesting challenge I know It may be difficult for me since it has been a long time I did it, but you guys should permit me to follow up on the challenge I may not be perfect like you guys whom have been here for long but I will give it a trial and I will want my data to be included in this table of yours. I will like you guys to put me through on how to go about it. I will be glad and happy if the opportunity is granted. These names listed here makes me feel like people whom have been listed on the table are like knights who have been selected to Push bitcoin to a greater Hight. I will be glad if added to people who made bitcoin a success. Today has already pass I will try my best tomorrow morning and keep you guys updated. Thanks to you all.
I welcome you to this challenge, and you are free to join us. You don't need our permission before you can participate in this challenge. Even though we have been in this challenge for a long time, it is not easy for us, but our determination is what has helped us to be consistent with this push-up, so if you are determined, you will benefit from this challenge. I want you to know no one is giving special treatment here. If you want your name to be included in the push-up table, you have to do a minimum of 10 push-ups or more than 10 push-ups a day. After you have done your daily push-ups, you can use the format below to report your push-up details for your name to be added among the people participating in this challenge.
100k,UserName,DaysofPush-ups,NumberofPush-ups,yyyy-mm-dd .
Thanks @mayor of ogba I did the push up but it was not easy. I am still feeling pains in my arms and shoulders I did 40 in the morning and 50 in the evening on the 28th that is a total 90. I did 50 on a set in the morning and 50 in the evening making a total of 100 on the second day of my pushup being 29th in in total U have made 190push up in the past 2 days @dirtykeyboard should help me add my name to the table, so as for me to feel among those who are making btc increase in value. I promise with time I will increase my limit. I guess I did a little just as I am a newbie to this whole system I promise my pushup results will increase. In due time. I am glad the exercise made  me strengthen up some bones. You need to see how my back was cracking due to lack of exercise. After this Push up challenge I will keep on doing it on a regular to get used to it.

Below is my updated as you advised me to.
100k,DYOR+BTC, 1,90,2024-04-28
100k, DYOR+BTC,2,100,2024-04-29

Please update
I'm glad to see the tips I gave you are helping you fit into this push-up challenge. Don't be discouraged because you are feeling pain; just keep doing the push-up. When your body gets used to it, you will no longer feel the pain. Since you are feeling pain, I will advise you to reduce the number of push-ups you do in a set so that you can continue doing the push-up without struggling to do it.

DYOR+BTC, there's a mistake in your first and second reports. There is a space between your username and days of push-ups in your first report, and there's also a space between 100k and your username in your second report, and it's not supposed to be so. Below is how your push-up report should be.
100k,DYOR+BTC,1,90,2024-04-28
100k,DYOR+BTC,2,100,2024-04-29


Those attempts to help on DYOR+BTC's reports is not correct...   Even though optional, there is no need to report every day.. ..

And, so by the time DYOR+BTC were to report on his total number of pushups as of 4/29, then the total number of pushups should have had been 190, not 100.. You corrected the report with the wrong final numbers for the total number of pushups which is going to contribute to more confusion than necessary.. especially since there is no reason to report daily amounts in the term of reports, since Dirty Keyboard's script seems more designed to be aiming to pick up the total pushups that members report rather than how many they do each day.. since the script will average out the numbers from the total pushups divided by number of days doing pushups.

My first report
100k,obulis,1,100, 2024-04-30

If you want to be in the table, then you should not have any spaces (especially the one that you have after your total number of pushups).  If you take out your spaces, then Dirty Keyboard's script will be able to identify your report results and put them in the table.
332  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 30, 2024, 05:06:23 PM
The extension shouldn't be limited within 10 years but also as a lifetime process, not just accumulating for 10 years only. The process is for us to look in  a long run, DCAing, sticking to our investment plans also not over engaging the process but developing a system that makes you consistent in your accumulation phase.  If we treat it this way, we won't get tired but keep investing in our digital gold.
Its not out of place to invest in a much longer time (more than 10 years). Actually you can invest for as much as you desire, but why the pointers are between 4 to10 years is for your investment to be profitable for you, so you don't buy when the price is higher and sell in the dip. That's surely a loss. With that time frame, you'd have seen good gains and can decide for yourself whether to continue, or take your gains and quit. Bitcoin is always there to welcome you whenever you choose to return to investing, just that your gains wouldn't be compared to the one who perseveres for a longer time, maybe up to twenty years or more.

I'll advise that even after 10 years and you must've gotten your good profits, don't sell off,  you can take of some part of your gains and invest into something worthwhile as a means of diversification, maybe agriculture or open a business that will continue catering for you so your investment remains untouched for another length of time and who knows, your investment can boom more than you expected and would provide you more funds to keep accumulating periodically. The goal is to keep increasing the portfolio for bigger and better profits.
I will not diversify my bitcoin into another kind of business by selling it after 10 years, because like you said, for your bitcoin investment to reach 10 years timline, it means that you have been able to accumulate a significant amount of bitcoin, which you should just relax and continue buying with any strategy that you feel is comfortable for you. This is because that is when the compounding profit have a high capacity of generating higher profits for you than before. If you sell some parts and diversify into another new business.

You will miss that compounding profit that would have been accumulating continuously overtime, which might help you reach your your fuck you status faster compared to when you sell part of it to diversify into another business. Another thing is that how are you sure that business will be able to give you profit within a short period of time that you started it. The business needs to monitored and during the early stage, it can take more money and more of your time to grow the business, and due to some inflationary problems a d government policies, the business might fail.

Lastly, the profit that you will make from your new business is four years with stress and hard work might not be upto half of the profit that your bitcoin investment, that you continue holding without selling a dime after ten years will give you after an additional of four years. Currently, I think Bitcoin investment should be one of the best, if not be best to give you a better profit than any other investment. So these are what we consider before thinking of diversifying. I am not saying that to diversify into another investment that is not on the same line with bitcoin is bad.

There surely can be some advantages to diversifying, especially when your bitcoin become a certain worth and also your bitcoin might overwhelmingly become too much value in one place, and your prior off-setting of your BTC with cash is not sufficient, so diversifying can be ways to consider diversifying into cash, but putting your cash to work.. which surely might mean locking it up and then also sometimes causing a lot of extra work if the way of diversification is NOT mostly passive but ways in which you might have to get involved personally. 

Besides just knowing that the answer is not straight-forward and there are factors to weigh, we likely are not going to want to jump into diversification for the mere sake of it.. especially if we might just be creating more work and expenses for ourselves and also causing ourselves to be less liquid... On the other hand people sometimes do want to have a purpose and meaning in the world and ways to interact with other people, so sometimes businesses and real estate could provide for those kinds of interaction vehicles, if they don't come at too high of a cost in terms of taking up our time in activities that we do not want to get caught up into.
333  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2024, 04:59:34 PM
60K seems to be the next most likely support level on the weekly chart for Bitcoin/USD. I still believe that selling now is a dumb idea.
After that 48.5K - 51.6K slightly likely. And lastly, a bounce from 38K highly unlikely, yet possible.


https://www.tradingview.com/chart/BTCUSD/Up1vjifA-goldkingcoiner-s-BTC-Prediction-for-Q2/

Edit: I am setting aside some fiat for buying @54k, just in case.

edit:Excuse the lazy and inaccurate line drawing.

I am not going to proclaim to know anything with any level of confidence, but I am kind of thinking that there may well be some support in the $54k to $56k range - so I don't have any strong evidence for that, except mere feelings..

And, also we have seen $60k break a few times already, but not really get much below that.. before bouncing back above it..

So sure, this time could be different.

I remember that there were quite a few of us who had gotten quite confident that $6k was the bottom in late 2018 since it had been tested like 5 or 6 times before it finally broke, and when it ended up breaking, we got nearly a 50% extra drop out of that...

Yeah, sure this time is different.

The fact of the matter, ever single time is somewhat different, so we can really only approximate what we believe might happen.. and so I am not going to write off dropping below no man's land, until we do.. which seems to be right around $55k.. even though surely when we broke above $53k on about February 27, we surely did not spend very much time in the mid-$50k that I had considered to be the beginning of no man's land.. and also we have not revisited that $53k to $59k area.. which I am not even asserting would be any kind of necessary condition in order to resume our UPpity...

So then why should anyone (whether bears or low coiners or no coiners) be given another opportunity to buy coins in the $50ks?  I see no reason for it.. but at the same time, Corn is going to corn.. so it is not like the level of the correction and/or the extent that we might end up staying down to whatever levels that we end up going needs to make any sense.

Buddy, Buddy. Wherefore art thou Buddy?

Richie? You didn't murder our premier WO contributor did you?

Hopefully he's just been busy working on his tax return.

I sure hope he's OK.

As you seem to already seemed to have had found out (from Homer's post and your acknowledgement), I'm pretty sure that the issue with Buddy is related to talking.img.

Richy_T mentioned it here.
334  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 30, 2024, 04:26:59 PM
[edited out]
Trading is not a bad idea, same as hodling btc, most persons don't have the patience to Hodl btc for a long time, so it all comes down to the individual, we all know what works for us individually and as such we should focus on it, I personally will prefer the DCA strategy, because it has worked for me severally, I see every DIP as an opportunity to invest massively, but same can't be said to another person who thinks another strategy is better, so it comes down to the Individual and the experiences he or she has gotten.
It also comes down to trading not being on topic in this thread... so fuck off with your desires to suggest that trading is worthy of discussion in this thread.
I guess they was carried out by the discussion and they really don't know what they are talking about that's why they talk about trading stuff in this thread. Maybe good for them that there's someone correct them so I guess they should learn something.

If they can't accept the correction of other people regarding on what is intended to be done in this topic then provably they are the type of person which think that they are always correct and no one can correct them with their wrong thoughts.

Maybe its focus on people that have same beliefs and have valid point since these are people are really good to talk with since there opinions have always sense or always in topic.

There's nothing really wrong with having differences of opinions, and or even mentioning some things that are not on topic, but there is a bit of irritation to see a newbie coming into the thread and preaching from an angle that is not even on topic.   Furthermore, there are all kinds of ways that guys can trade and be profitable, yet it is still not on topic here to either get into it or to be trying to suggest it is equally good as the various methods that are being discussed here.. since we are not in a thread of comparing and contrasting how trading might work as a possible alternative, when the thread topic does not even include selling as part of its framing.. so as soon as any of us get into adding selling into the discussion, the addition of that concept changes the whole parameters of a whole shitload of possible topics related to trading (and/or gambling), which surely we have not been doing here, except perhaps incidentally..

So technically his post is not so bad in order to get deleted by a moderator, but from my perspective, it seems bad enough (in the preachy sense of trying to argue a kind of relativism in regards to trading versus investing, which surely might not have had been his intention) to warrant a response.

Trading is not a bad idea, same as hodling btc, most persons don't have the patience to Hodl btc for a long time, so it all comes down to the individual, we all know what works for us individually
In as much as everybody has there right to there opinion and how they wish to invest there money but trading shouldn't be your alternative, besides you are too new to be talking about trading because obviously you don't understand anything about trading because if you do you would not have seen it as an investment wise so perhaps it will do you more good if you change your mindset from what you believe trading is all about, however I don't always understand why beginners are always lured into trading because of the easy profits they feel they could make without understanding the concept and the risk involved, so I would advised you focus on Bitcoin holding because that's the only way you could possibly see the profit you had plan and not for trading.

I am not completely against the idea of trading, but I am against the idea of bringing it up in this topic, and also against the idea of trying to proclaim that trading is similar and/or equal to investing, when it is not, since trading takes additional skills in which some of the skills can be complicated to apply in the real world, especially in terms of assuring profitability, which surely trading could be argued either way in term of whether it might be a good thing to do.. even though an overwhelming of traders are either not profitable or they really have not been able to beat a pure buy and HODL strategy, especially when it comes to bitcoin.

And, no matter what, trading is not a topic for this thread to be arguing such off-topical nonsense, when there seems to already be enough ideas to talk about in regards to investing and accumulated BTC, so why should we be getting distracted into other matters (such as comparing trading/gambling to investing) when there are other forum threads for those kinds of discussions.
335  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: April 30, 2024, 03:19:32 PM
Pushups were mandatory for me a while ago (I had to do them) but now I'm interested in doing pushups to celebrate bitcoin hitting $100k. Now while doing pushups a new feeling is working from inside which is helping me do more pushups. I am used to doing 4 sets of pushups regularly but today I did a total of 100 pushups in 5 sets. It is increasing my fitness and interest.
My new report
100k,Jewan420, 4,290,2024-04-30


Your latest report did not get picked up by Dirty Keyboard's script because you have an extra space between your user name and your number of push-up days.

After a couple of days doing planks with my push-ups I can really feel it in my shoulders. I should probably watch a video on how to properly do them as I wasn’t expecting planks to hit my shoulders so hard. If anyone has any tips feel free to share them. My legs are also sore from doing stairs. Not sure why I’m going so hard with the workouts these days but I’m enjoying it. Can’t wait til BTC hits 100K and we can all celebrate.

Anyone going to be brave enough to share before/after photos?
There are various ways to do push ups in other to achieve what ever you want in your body, in other to achieve a good result with push ups you need to do it properly.

When I started this challenge I was doing my push ups wrongly and I knew I was not getting it correctly so I watched a video on YouTube were I was taught how it is been done properly and I'm so glad I watched the video because am doing my push ups correctly now and am seeing good result.

This is the link to the video below 👇
https://youtu.be/UQ2lKHiYUSE?si=ZQzYHKBjGtaJlFQl

Yep.  That is a nice explanatory video.. and only around 14 minutes.

This is my first time participating in this challenge. When i saw how far the challenge had gone I felt so sad for starting it. I have been eating too much junk and my tummy looks so big. Doing 100 pushups at once is way too much for me. I tried spreading it out for 2 hours but I ended up doing only 80 today. Below is my report and please add my name to the table. I will do anything to maintain consistency till Bitcoin reaches 100k. No matter how long it takes, although am expecting it sooner.

Your name does not get added to the table unless you put your information into a proper report (as has already been shown by several members on a daily basis) and then once you put your information into a proper report, then your information will be added to the table automatically (at least added through Dirty Keyboard's script). 
336  Economy / Speculation / Re: Road to 100k? on: April 30, 2024, 02:49:45 PM
Yes people trade bitcoin, and I don't recommend it.. I tend to call it dumb, especially if we are talking about generally what people should be doing, which is not trading  but instead building their BTC stashes... .

That's true , Because one trading  Bitcoin is like waste of resources and time . Because when one start trading with his Bitcoin he or she has already open more doors for losses , expecially when the use of leverages is involved. So the best thing to do to avoid such from happening is to focus on building yah Bitcoin stash, by holding and accumulating Bitcoin .

It could be that I was a bit overly harsh on the idea of trading, and I think part of my issue with folks thinking that they can trade bitcoin, is that ultimately it takes higher level skills (and perhaps some luck too), as compared to more straight forward long term accumulation and holding strategies.

Sure people can make money from trading, and they can even set their trades up in such a way that they will not lose (effectively betting both directions), but it still is not any kind of a practice that anyone should come to bitcoin and presume that they would do better from trading rather than employing some kind of a long term accumulation strategy.

Another thing is that guys likely able to buy BTC at all kinds of various prices, and then lock in their profits, and sure, with those kinds of practices, they would clearly be making profits; however, many times it is questionable whether those kinds of selling for short term profits practices are going to come even close to a practice that largely involves ongoing buying and holding of BTC.

After this Bitcoin halving Bitcoin price is not increasing as we expected, Bitcoin price going to 100k won't be very easy. We may have to wait a long time for this. But at the moment, those who can hold without panic are the only ones who can benefit. Bitcoin has always been a currency of this high potential. So you can fully trust and hold Bitcoin.
As a bitcoin investor you are expected to hodl for a long time so you can see the desired profits. The hodling is not for some kind of special people or there are those that have this special ability to hodl bitcoin. Every investors of bitcoin should be in it for the long time too. That's why before you make your decision to invest in bitcoin you should have put other machineries in place to make sure that your portfolio are not tampered with. The $100k is inevitable the signs are all there and just waiting for the right moment to manifest, don't panic and sell your bitcoin. The decision to hold your bitcoin without panicking lies with you. Buy your desired volume of bitcoin and remove your eyes off the market, this will help you to avoid any form of panicking.
It is not compulsory for an investor to hodl. Investment is a self decision and how you choose to go about your investment all depends on the investors. So no book or theory says it is compulsory for an investor to hodl his bitcoin for long if not they won't be on any profit or the investment would not yield. Long-term holding of bitcoin started when people started investing their bitcoin in other to fight against inflation The idea was that instead of saving their money in cash they could put the money in bitcoin to retain its value. Since it works perfectly for those persons they decided to preach this strategy  to people and convinced the audience that is the best way of going about bitcoin.

Of course, any person can invest in bitcoin in any way that they like, including that they have freedom to sell any time that they like, including at various times that they perceive their profits to be good and also they might conclude that there are chances that they will be able to buy back more bitcoin than they sold at a lower price.

There are many examples of those people in history who sold too many bitcoin too soon, so there is no need to convince you about what might be the better of practices.  You can decide for yourself if you believe that long term BTC accumulation might be valuable to you, including considering your particular 9 factors, in order to attempt to figure out how to go about BTC accumulation and whether to treat bitcoin as an investment, a trade and/or gambling.. and surely there are ways to combine practices, too..

There probably is some truth to the matter that guys will tend to share ideas from their own perspective, and surely each of us is responsible for coming to our own conclusions in regards to what we believe might work for us and putting our ideas into practice, and no one is going to bail any of us out if we end up screwing up.
337  Economy / Speculation / Re: Road to 100k? on: April 30, 2024, 04:23:50 AM
You know is not everyone that's says something and do it exactly the way they said it, in as much as we have holders who calm to hold for a long time we still have those who find it difficult to hold and get past this period when the price of Bitcoin isn't going up as expected especially the ones who just bought, they see this stage as if they don't sell they'll lose it all. And not everyone who have the mind to take risk, don't blame them if they sell too quick, you also have to know that many don't know when to sell or withdraw or hold as the case maybe
What normally lead to such act is due to poor planning, that's why it is always advisable to invest with  cash one can stay without using for long , and that why long-term holding is highly recommended. Because most individuals are fond of going all in with their cash that are meant  for covering expenses inorder to gain more profits, which is wrong because it would only lead to them withdrawing their investment at the wrong time when their investment haven't yield them something good or selling In losses . Because most of these folks mindset are always fixed for short-term investments.

That's one should always make proper planning towards their investment, like setting Aside an emergency funds in able to coverup some expenses while they are holding their Bitcoin in their portfolio, inorder to secure a long and smooth investment (Bitcoin).
Some don't mind if they're having or not all they need is withdraw at least 30% of their start up investment and these always happens when they see Bitcoin price starts dropping they quickly hit the withdraw button, just to be among those who made profit and they buy and repeat the same process all over again.
It is not true.

Just because you believe that there are people out there who are panicking and who are wanting to get back all of their money, there are also people out there who invest an amount that they are ready, willing and able to let ride.

There is a school of thought - let your winners ride.
Not in any way trying to convince you, is something you have to believe but you can't say it doesn't happen for someone to invest and withdraw 30% of what he or she started with.  

Yes... people do all kinds of dumb shit, but I doubt that it is a good idea to be focus on what dumb people do.

The better things is to focus on what each of us should be doing, which is investing at a level that is within our capacities and not panic selling.

but yeah, if you already overinvested, then sometimes you might have to shave some off... but that is to acknowledge that you fucked up in the first place... you can emphasize and empathize with those kinds of folks all that you like, but you are likely going to get push back from others, including yours truly.

This has nothing to do with panicking is all about not knowing how to go about it in a bright way, we have guys who does this same thing, ok are you trying to say that since the history of Bitcoin till this very moment that no one has ever for ones started with $5000 and ones the price went up that same person do a withdrawal of $5500 or $6500?

Yes people trade bitcoin, and I don't recommend it.. I tend to call it dumb, especially if we are talking about generally what people should be doing, which is not trading  but instead building their BTC stashes... .

You can't tell for sure, I know you can't do that doesn't mean someone else where can't and I know it disgust you if you see someone doing that.

People can do whatever they like, even dumb things, and if they talk about them as if they are smart things to do, I am not going to agree... and I will actually respond to those kinds of ideas that I consider to be dumb.. Maybe I won't always respond or call them dumb, and so it might depend upon how the ideas are expressed, yet I will likely respond to attempt to clarify matters (or to state my own opinion) whenever it seems to be a good idea (from my own discretion) to respond.
338  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2024, 04:15:34 AM
"Bitcoin pyramid" according to James from investanswers (he also references some research team):
https://www.youtube.com/watch?v=3kqYcGBARZM
Place yourself in the pyramid  Grin

I had never seen an actual video on the topic, so that was a nice short and interesting breakdown.
339  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 30, 2024, 03:54:46 AM
[edited out]
Trading is not a bad idea, same as hodling btc, most persons don't have the patience to Hodl btc for a long time, so it all comes down to the individual, we all know what works for us individually and as such we should focus on it, I personally will prefer the DCA strategy, because it has worked for me severally, I see every DIP as an opportunity to invest massively, but same can't be said to another person who thinks another strategy is better, so it comes down to the Individual and the experiences he or she has gotten.

It also comes down to trading not being on topic in this thread... so fuck off with your desires to suggest that trading is worthy of discussion in this thread.
340  Economy / Speculation / Re: Road to 100k? on: April 30, 2024, 03:52:02 AM
You know is not everyone that's says something and do it exactly the way they said it, in as much as we have holders who calm to hold for a long time we still have those who find it difficult to hold and get past this period when the price of Bitcoin isn't going up as expected especially the ones who just bought, they see this stage as if they don't sell they'll lose it all. And not everyone who have the mind to take risk, don't blame them if they sell too quick, you also have to know that many don't know when to sell or withdraw or hold as the case maybe

What normally lead to such act is due to poor planning, that's why it is always advisable to invest with  cash one can stay without using for long , and that why long-term holding is highly recommended. Because most individuals are fond of going all in with their cash that are meant  for covering expenses inorder to gain more profits, which is wrong because it would only lead to them withdrawing their investment at the wrong time when their investment haven't yield them something good or selling In losses . Because most of these folks mindset are always fixed for short-term investments.

That's one should always make proper planning towards their investment, like setting Aside an emergency funds in able to coverup some expenses while they are holding their Bitcoin in their portfolio, inorder to secure a long and smooth investment (Bitcoin).
Some don't mind if they're having or not all they need is withdraw at least 30% of their start up investment and these always happens when they see Bitcoin price starts dropping they quickly hit the withdraw button, just to be among those who made profit and they buy and repeat the same process all over again.

It is not true.

Just because you believe that there are people out there who are panicking and who are wanting to get back all of their money, there are also people out there who invest an amount that they are ready, willing and able to let ride.

There is a school of thought - let your winners ride.

Yeah, you might not know that they (referring to bitcoin in this case) are winners for a whole cycle, but in the meantime, you let them ride even through your first cycle, and you continue to let them ride for one or more cycles, depending on how long you have been investing and if you had been able to frontload your investment in order to have had gotten yourself to an overaccumulation level (status).

I also feel that is because of fear even if they have enough to make use of outside from the investment money, these set of people have already set their mind on getting it small and you hear something like "slow and steady wins the race", thats because they started with that mindset and no amount of advise you give that would change that thinking, whenever you ask for emergency funds they have it more than you can think of but they find it hard to lose even if is ½ a penny, these guys are just greedy or should I say stingy?🤔

I call them whimpy investors, and even in bitcoin, whimpy investors can do well, and some of the whimpy investors have done quite well in bitcoin as compared to the ones who were trading and fucking around with selling and trying to be too smart along the way.. , so yeah, whimpy investors have been able to do well in bitcoin as long as they either errored on the side of just holding or maybe just continually buying, even if it might have been relatively small amounts.   

Surely, the more aggressive investors in bitcoin have historically done better than the whimpy investors even though they would have also had not made the mistakes of overdoing their investment or trading, yet there surely are ways to be aggressive within the parameters of their discretionary income so that they do not end up going beyond their discretionary income in regards to the amount that they invested into bitcoin.

We basically waited for the price of Bitcoin to hit 100K, with many whale Bitcoin holders speculating that the 100K hit is highly likely by the end of 2024. Because the fourth halving has taken place and we are heading towards a bull market very soon, the price of Bitcoin should be on the upside once it hits 100.
So you based your expectations on whales and not even on self-expectation and speculation? That's not so encouraging if I must say. At this point, I urge that you know that no one will know exactly what Bitcoin would do and we are all speculating. Whether whales said it or not, it is not an automatic reason why Bitcoin should or would get to that level, we should all hope for the best in this regard. Fine, Bitcoin halving has helped in the past, nevertheless, what I like to put across to you is that, it actually attracts buyers/investors one way or another which makes it a tradition that Bitcoin halving is helping Bitcoin. But mind you, this tradition often attracted buyers in the past when the price of Bitcoin was low and there was more money to be spared by investors, and also in an encouraging price level and atmosphere.

But now, the price was not only high before this year's halving but it also hit its ATH again and created another ATH of almost $5,000 higher than the previous one ($73,850).

There is always a perception that bitcoin's price is too high, especially by timid folks and those who cannot recognize that when the BTC price goes up it might not correct back down, even if everyone believes it to be "overheated," and historically, we have seen this many times in bitcoin's history where normies were failing/refusing to adequately/sufficiently prepare for up and therefore they end up getting left behind be either not having any BTC or having way too few BTC (so maybe they end up FOMO buying later rather than ongoingly buying, including times like now).

Though many of you might not see this as a big deal, I see it as a factor, an obstacle that could change the narrative. Now, the gist is that enough people, including the so-called whales, have already invested their money, how are we sure there are enough more to be invested?

Of course, there are no guarantees, but largely anyone should both recognize bitcoin as an immature asset (likely less than 1% of the world's population invested), and even when it comes to buying pressures from the ETFs, those ETFs are ONLY coming available to some clients and/or institutions.  So you can read it however you like.. hopefully you are not too overly prepared for down and failing/refusing to sufficiently/adequately prepare for more up, just in case.

And will investors still be so encouraged to invest more at a high price even if they have more money to invest?

Yes.  Maybe not this cycle, but there are going to be buyers at $5 million and above...

And, sure maybe you are making a decent point about buying support needing to keep up with BTC's price move, but I would be surprised to expect that merely because BTC prices went up 2.75x since October 2023 that the BTC price is moving up too fast for buying support to keep up.. But, hey whatever, you can believe whatever you like in regards to whether there are enough buyers keeping the BTC price going up at these prices, in the sub $100k prices in the $120k to $180k prices, in the supra $200k prices or at whatever point that you start to believe that the price is going up too fast and/or that buying support is not keeping up.. and yeah, it is not easy to know in advance, even though I have seen a lot of folks get burned through the years with their theories about buying support not keeping up.. which also seems surprising since we have been spending more than 2 months bouncing between $60k-ish and $73k-ish.. ..

and sure we could end up breaking down from here (which this range is also known as noman's land) since the previous ATH happens to be within the range ($69k)... but no man's land covers about 20% on both sides of the previous ATH, which would be about $55k to $82k.. and so sure, we could end up breaking to the downside.. anything is possible, but there are also no reasons to believe that it won't end up breaking towards the top.. so hopefully you are prepared financially and psychologically for either direction and not just preparing for one direction.

These are the questions we should be asking now to be on the safe side and not emphatically believe it will happen.

Sure.. no one should be emphatic about any of this... yet I hope you are not suggesting that folks should not be prepared for the possibility that $100k could happen and also the possibility that BTC prices could end up ranging between $120k and $180k in 2024 and they could end up going to higher prices in 2025 than they had gone in 2024.. and yeah, sure none of it is guaranteed, but hopefully guys have various plans, and not just under preparing themselves for scenarios (such as Up) that might end up happening.. and we surely have seen that previously including the fact that  around 99% of the world is not adequately prepared for up, so it seems kinds of strange to be suggesting that normies are too prepared for UP when the opposite seems to be the actual set of facts in front of us... with an overwhelming majority of the world's population being either lowcoiners or no coiners (in the ballpark of 99%).
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