Yeah, but I am not really trying to either describe any kind of expectation of what guys should be doing in their 20-30s or what guys might end up doing.  My main purpose in going along with your 20-30 year old hypothesis was to attempt to thereafter describe a kind of investment timeline based on average life expectations, and so perhaps if many things seem to be going somewhat regularly and no real advantages or disadvantages for some normie in his/her 20-30s then probably it is best to consider a kind of approximation of what the span of that lifetime might be.

As soon as anyone knows, recognizes and/or understands some personalized differentiation factors, then of course, that person would be most prudent to attempt to account for the personalized differentiation factors rather than attempting to apply some cookie-cutter mold to his/her own situation.

So, yeah, we can start to consider or hypothesized with some default considerations and then for sure, once anyone attempts to get to know each individual, there are likely to be ways in which the person has individual circumstances that need to be taken into account (I am not saying that there does not exist any average joe blow because the average joe blow likely exists, too).

Seems to me that the vast majority of normie peeps do not really make any kinds of solid progress in establishing a decently strong investment portfolio in their 20s, and sure of course, there are some normie peeps who do inherit (or maybe otherwise receive) a decent amount of value while in their 20s, and in those circumstances they might well be put into a position in which they have possible opportunities to invest or to learn how to invest (and hopefully without fucking things up too much).  I am also considering my own circumstances. I did not have any kind of inheritance or anyone giving me money, but I did have some fortune in being able to have pretty regular work and college attendance during my 20s (which usually takes away from abilities to earn money in the short term), so when I look back at my 20s, I see a decent amount of lackings in actually building up my investment portfolio, even though I did believe that I was attempting to make reasonable efforts in that direction.

So without getting into the cases of the large windfall situations, if we are going to presume that there are some in their 20s folks who are both kind of getting their shit together in their 20s and also able to make some meaningful progress during that time, then perhaps they may well be exceptions rather than the norm.. and maybe even financial foundations do not tend to really start to get some kind of build until folks start to get into their 30s and there might begin to be some expectations that they need to make some progress in building their finances... perhaps perhaps?  (sure, quite a bit of speculating going on here because there is likely going to be a decent amount of individual variations).



Oh gawd...    

Hey Wind_FURY, I don't mean to be picking on you too much, but seems to me that you have a lot of tendencies to get caught up with the short-term BTC price momentum and then presume that once the BTC price momentum starts, it is going to continue in that same direction.. It is like a common identifiable characteristic that you seem to have.. sorry to say.

Consider this:
When we were above $50k, you were soon asserting that the BTC price was "never" going below $50k again.  When we got into the lower $30s you were proclaiming that we were doomed to go down into oblivion.  Now, we get a wee bit of a blip to the upside in the BTC price, and you are proclaiming that the "market is telling us" something about the price going UPpity?    

I have a hard time believing that we can make those kinds of short-term BTC price direction assertions (proclamations) much beyond 55/45 if we are referring to short-term BTC price moves; however, we might be able to zoom out and put some credence in seemingly currently valid longer term BTC price prediction models, but still those longer term BTC price prediction models hardly tell us shit about the shorter timelines and the BTC price moves that might take place within the shorter timelines - that can have the BTC price going all over the place, and likely there is some purpose in that from some of the market-makers who are able to cause a reversal in the BTC price, then they will do it.. but sometimes even the usual market-makers will find their lil selfies on the wrong side of a trade because they believe that they can manipulate the BTC price (for example DOWNity) and then they are no longer able to keep the BTC price down.. which is a kind of loss of control of the situation and they might lose their asses off if they are not sufficiently hedged and if they are putting too many resources in one BTC price direction rather than the other...

None of us can really be sure when those BTC price breaks are going to come (including to the UPside), but frequently we can identify them after they had happened to the extent that we know what to look for and we are not getting too distracted and deluded by other nonsense theories (or views of the facts) about what had happened.

Depends though, what if it's the last leg of the run and the incoming graph is steadily going down? I would probably go down and take that profit and just go back in the market when it's on the most absolute or assumed absolute bottom. But if it's not the case that I am talking about, then you are right that we shouldn't take that profit since it's not that much.

That should always be part of your system, knowing when to take profits after those fees, though it's hard to discipline yourself taking that small amount in each position that you take with your trading practices.

But if you do have good system and you mostly success from this strategy, better than nothing is that what they say 

Frequently, people speak in generations.. which is 20-30 years rather than "in our lifetimes" because of the need to account for various age differences.. but surely, if someone is in his/her 20-30s, he might consider a life time of 40-60 years remaining...

Seems to me that we need to consider whether sub-$30k is ever going to be reached again in shorter timelines, so I would feel a lot more comfortable considering that the "bottom is in" once the BTC price goes above $46k.... and even then we would have to see where the cycle goes from there and whether $64,895 ends up getting breached or higher price points such as $100k or getting into the $200-$300k or getting in the $300-$600k range or the most bullish of scenarios that would be supra $600k for this cycle.

In other words, I am not prepared to assert that the bottom is in until we go above $46k... even if the $5k price spike does feel pretty good, and you will rarely find me complaining about the creation of UPpity cushion.. furthermore, these times are demonstrating why it was important to have been continuing to buy BTC during the dip, which so far has lasted a bit more than 2 months... whether it is over or not, or this is a fake out or not, only time will tell, so in that regard the next week or two might give us some clues whether we can break above $46k or no?

It's easy to enter with good entry point but the challanging thing is taking profit before a retracement and most of the times this retracement could be a beginning of a new trend changing a winning trade to loss. And in situations where the trader fails to apply stop loss there could be chances of blowing off ones account. A profit taken is better than a loss made no matter how small accumulation of smalls makes a mighty bulk.

Have you considered taking profits of $1-3$ repeatedly throughout a trading session it might sound small for professional traders but it would go along way in growing an account most especially for beginners. If a trader cultivate the habbit of taking profit during trading he would have an upper hand over the market and also get clearer pictures of better entry points and also be on alert on when to exit especially during retracement.

Maybe they needed money and decided to manipulate it for a second and just liquidate positions to fund their wallets? Lol. The difference between us plebs and institutions is the buying power, right? And if we combine all the plebs' power, we can overrun the power that they have? That's what happened with the Wallstreet bets and maybe crypto is next.

Upon checking the 1m timeframe, it's probably an institution putting a position on BTC.



It occurred that fast, maybe it's just a single trader and fat-fingered it or something. I doubt they would admit it or something.

I really dislike this cult of personality bullshit. Bitcoin doesn't need these people. They have far too much star power. This can be used to manipulate the market. They can send a FUD tweet out, while short 100X then go 100X long and send a positive tweet. rinse / repeat.

Do you think we could measure the influence Elon Musk has regards bitcoin by bitcointalk forum's posts? It's normal his influence will be near to zero on this forum, since it's a bitcoin community and anything or anyone harming it won't find any support here. But the crypto market goes much beyond bitcointalk forum and there are a lot of people who are, unfortunatelly, sympathetic to him.

I think he had already a lot of informations about these topics before, otherwise he wouln't adopt bitcoin as payment method in Tesla at first point. His actions are more likely from a market speculator rather than a bitcoin apprentice.

Well EU plans to start blocking anonymous wallet transaction which they could literally make it a hunt for criminals not just for launderer that they usually say.

And then this CBDC although it will take a long time before they could come up perfectly, stablecoins might also be screened or banned because they think that stablecoins are going to be widely used than the CBDC.

How would this game looks like….. if I had released it in a pump like this one …?

Crypto investors gave too much power to Musk and now it's too late. The guy will keep using and abusing the status given to him. That is a very negative point for bitcoin investment, at least on short run, because personally I don't want my investment hostage of an individual. The market should be driven by many different investors' actions and not by a single man's tweets that change opinions every few days.
It's clear as crystal Elon plays with his audience. Since the beginning he could have said he would accept bitcoin as payment method in Tesla if sustainable energy used in mining process was superior to 50%. He didn't need to start accepting it, then stop accepting it to finally say he would check the numbers. That is not a professional or responsible behavior. Avoid people like that.

I think Elon's take was very practical and something that is perhaps lost on many without business experience in the Bitcoin community.  There is a problem with block congestion that hasn't been addressed well with a layer-1 solution.  From Tesla's perspective, they're fine with people storing a certain amount of their funds on Coinbase and using Coinbase to make everyday transactions with vendors.  That's a solution that works for them.  It isn't ideal for Bitcoin, but for many businessman this is a better solution than using a second layer because there is accountability instead of trust.

Bury a LB of gold in the Ground, and 1BTC private-key scratched glass; bury them together come back in 20 years, I can tell u which one exactly will have value, because its a historical fact. In 20 years from now this generation BTC will be a pet-rock artifact. BTC is based on SHA-256 an NSA tech with at best a 10-20 year shelf-life, ergo hashes will have been long de-hashed into public-keys easily solved  by discrete-log supercomputers. The Secp256k1 algo to make the key into public ( also NSA ) will have long been hacked&cracked making all 2010 era Btc's worthless in the coming years.

Most traders pick their one time-frame and then almost never leave it. They are so locked into their timeframe that they forget about the bigger picture.

The other extreme are traders that constantly jump from timeframe to timeframe without much of a plan. Those traders are mostly driven by emotions and trade very impulsively.

A better approach is the top-down multi timframe analysis where you start on the higher timeframe, look for the bigger picture perspective and then slowly build your trading plan by going lower.

Structured quite well with clean bullet points, although flyers aren't the greatest ways of advertising. I would like to think it would probably be cheaper, and more effective to advertise online or if you can muster up enough money, TV. Youtube, and social medias would get a lot more views though, and I believe in this day, and age people are more inclined to take notice on these platforms, while flyers usually get put in the bin. Seriously, the flyers I receive are usually chucked away without a second glance.

It is always good to see this though, although I do think it could probably be streamlined.

Their plans to create a CBDC have been around for a long time, even my developing country is already preparing for the realization of the CBDC, I read on the official Instagram of my country's central bank that they are in the research stage and it will take quite a long time.  Implicitly they did create CBDC as a form of their awareness of the development of BTC so that this will be a comparison asset for BTC that already existed before.

Well at the beginning he also wasn't trolling or spreading FUD. He seemed like a true believer then he started spreading FUD. And we know he has no issue with PoW or energy consumption otherwise he would have never bashed bitcoin while supporting its copy dogecoin.