You don't seem to know how to read that website.  Essentially BTC's current spot price is almost double the 200-WMA, at 93.46% higher than the 200-WMA.   Spot price $65,086.  200-WMA $33,642 





The 200-WMA shows what the average price for bitcoin was over the last 4 years, which is mostly considered a bottom, which means spot price can go down to that price, which would be nearly a 50% price correction from the current price.

There were not very many periods in which BTC spot price was below the 200-WMA; however, it happened quite a bit between about June 2022 and October 2023.  The 200-WMA went up from about $22k to $28k during that period of time, but the spot BTC price spent quite a bit of time below the 200-WMA.. which was an unsual time in BTC's price history, so it shows that the bottom price can sometimes be breached.

We don't know the extent of any war, and we don't know how each of them will perform relative to the other, and it might also be worth considering how much preparation that we might want to give to those kinds of various scenarios.

How much break down in civilization is taking place during this supposed war, and are we in a place that is receiving a lot of battles or are we in a more distant location and we might not be suffering as many direct hits, but there still may be areas in which more civil break down has happened and areas in which less civil break down has happened.

It is already best to be investing in bitcoin instead of gold, so why change plans for a war that may or may not end up happening, and even if such war ends up happening, there still might be some use for bitcoin, but we don't know... and yeah, maybe instead of having as much bitcoin, then there would be needs for some prepper type materials, but then that also leads to similar questions regarding how much prepper kinds of materials are going to be necessary and for how long are they going to need to last...Of course, people living in the country have some advantages in regards to abilities to prep, but they still may have some of their own challenges based on where they are and then what is the status of the neighbors in terms of how desperate they might be and how much they might be ready, willing and able to respect property rights.

Ok. After listening to that, I can recognize that there are some built-in pause locations for the bat-slappenings, so I am not sure if we are going to need to practice in advance... but if not, we can wing it.

Also Marcus seems to not be available to assist, and we will have to let him know about our planned 2026 Iceland trip.


I thought that it was already happening.. but difficult to see such a "supply shock" being reflected in the actual BTC price.


That could contribute to a "supply shock"


FTFY


You gotta start out from current 200-WMA price of $33,600-ish.. so the number is higher than 14% per year, and the number is not usually going to be a straight line (or flat).... You can see past numbers in my fuck you status chart that I have not updated with current numbers.  But anyhow my use of the 200-WMA is referring to bottom prices not the "all over the place" spot prices.

If I go along with you and I end up putting in a flat line for the next 6 years for 32% per year, then April-ish (annualized) 200-WMA numbers look like this:

2024                     $33,600.00
2025                $44,352.00
2026                $58,544.64
2027                $77,278.92
2028                $102,008.18
2029                $134,650.80
2030                $177,739.05

I am not saying that I know anything, yet using the 200-WMA rather than spot price is an attempt at a relatively conservative projection of bottom prices.

Of course, if I am going to be selling some BTC at various points along the way, I will be selling at spot price (which is likely going to be at various points above the 200-WMA.. and yeah, the BTC spot price could end up dragging the 200-WMA at a higher rate than anticipated, but I am not going to presume that in advance), so selling at spot price will end up serving as an extra bonus (or further icing on the cake).

For sure in worser case scenarios, there is some value in considering where the 200-WMA might be at any given time in the future if you are either not quite at fuck you status or you might be planning to either get to fuck you status or to be engaging in some attempts to sustainably live off (withdraw) your BTC at various times in the future.


I doubt Nasdaq is going to beat bitcoin, and you are using the wrong numbers anyhow.. in terms of my own projection seems to be around 32% rather than 14% per year (CAGR of the 200-WMA).
 

There are not too many people obsessed with the 200-WMA like me, and it seems that Plan B has some affinity with the 200-WMA, too... and sure there might be some others, but I surely likely try to ground expectations in more conservative ways and using bottom prices, and I think that people would be way better off doing that.

Of course, normies love to focus on BTC spot price, and sure, there is no problem with that being the place that people are going to buy and sell their BTC, but at the same time, if they are trying to help themselves to valuate their holdings more conservatively, then there surely is value in accounting where the 200-WMA currently is and where it might be going.
 


Yes with the percentage, I did.  I said about 32% CAGR, but using the bottom rather than top prices.  Hardly no way to have any grounding when trying to figure out various top prices.. but surely even looking at a bit over $100k for the bottom price, it is not too unreasonable to consider that 25% to 125% higher than the bottom BTC price could be in play around that time of April 2028.
 

Of course people buy at spot price, but they should valuate their holdings in terms of bottom prices, and if they go to sell, then of course, they will have decent chances of selling way higher than their valuation numbers.
 

Sure the 200-WMA is a lagging indicator, and we can agree to disagree in term of whether you want to think about it or use it (apparently you do not).  You can continue to refuse to consider it, and I am going to continue to suggest that the 200-WMA is a better way to bring sanity to the valuation of the BTC holdings of any normie.

Quoted for image, but what does it mean?


I don't really know either, but overall there are some miners who are more efficient than others, and surely the hashing rate also continues to go up which causes them more expenses to generate the same amount of hash in order to be paid for their hash (if they are connected to a pool, which seems to be the main practice these days).

Also they are making a killing with this ordinals, inscriptions, runes things that are going on, so it could be that some of the miners might also be promoting that kind of stuff to make more money but it also tends to show that if more money is being made, then fewer miners are going to be forced out of business because they are making more money from all of the fees that offset the halvening of the reward and also sure BTC prices are continuing to go up at a pretty decent pace that helps to ensure that even some of the lesser of the efficient ones will still continue to survive, even though they would have not been able to survive under a more harsh scenario of lower BTC prices and/or lower fees regularly coming out of the blocks.


If you noticed since October 2023, it was starting to become clear that a spot BTC ETF was going to be approved, so yes, the BTC price was volatile to the upside since then.. it went from about $27k-ish to nearly $74k-ish and currently bouncing around $65k-ish..

Even though a bit extra-ordinary, that kind of price action is not even very extra-ordinary within bitcoin's history in which there have been relatively short periods of time in which there was a lot of price movement to the upside, with some relatively big price corrections along the way..

It seems to me that so far in this bull run that started from late 2022, there have not been a whole hell of a lot of large corrections along the way, so in that regard, BTC prices are doing pretty well, so far, in this bull run that is happening until it is not.

Fair enough.  I frequently go by the philosophy of denying first...so I won't fault you for that, but I am not taking back the assertion of my earlier post, either.


That is some higher level thinking, and surely it went above my head.


I specifically pointed out that the halvening was 6 blocks away and then it was 5 blocks away as I was finalizing my post... so yeah, my post was more or less 50 minutes prior to the halvening.


Whoops.. yeah.. I did not catch that.. so I ended up giving a bad format for the report in regards to the date.


These are all fair points, yet even with a lot of small sets a person may still feel overall worn out and even quite sore the next several days, depending on his own ability to recover including age, physical fitness status, diet, sleep and other exercises that he might be doing (other kinds of stress in his life).

FTFY

hahahahahaha

I know you well enough to realize that you are not so cultured as to go to an actual "coffee shop."

 


Another name for that is Gresham's law.

Which largely means that we spend our worse money before we spend our better money, so in that order of things we would end up spending our BTC last, unless we put ourselves into some kind of a liquidity pickle in which sometimes if there is a liquidity crunch we might be forced to sell the thing that is most liquid, which might be bitcoin in some circumstances (which likely means that we messed up.... but sure sometimes mistakes are made, especially if we don't keep enough of some of the worser money to be able to spend prior to spending the better money, namely bitcoin).


Whatever difference might exist is beyond my ability to figure it out.  In other words, I need some kind of a further hint.

Sure there might be some traders who are able to figure out how to play the various price waves in bitcoin, yet that kind of practice is not good for an overwhelming majority of normal people.  The best of practices is to establish and/or build a bitcoin position over time, and sure if you have been in bitcoin for a while, then maybe you have already been building for a while, yet frequently it can take normal people 30-40 years to build an investment position that is worthy of living off of or supplementing their income, yet it may well be quite possible that in bitcoin, the time could be cut in half or perhaps even less, depending on how much disposable income a person is able to invest into bitcoin and to do it consistently without overdoing it and while making sure that he preserves/protects his coins.

Any suggestion that you are making about trading bitcoin for profits seems short-sighted and not a very good way to proceed, at least with bitcoin, and sure if a guy built his BTC position 5-10 years ago or longer, he may well be in a better position to be shaving off coins, and maybe he might try to time his sales for when the BTC price is going up rather than when it is going down, but if a guy is way newer into bitcoin, then he is better off to just keep buying BTC and not fucking around trying to figure out if the price is good or not.

Now, you usekevin, have been registered on the forum for nearly a year longer than me, so hopefully you have established a decent BTC position and you are not fucking around trying to trade your BTC, but surely you may well be trying to time some periods in which the BTC price is going up so that you can shave off some profits.. but if you have been fucking around trading for the past 11 years, then maybe you don't have shit to show for it.   What say you?  Ae you still recommending trading, or do we need to show you how you could have had established a pretty large BTC stash by not fucking around and just buying BTC continuously, even if you might have ended up starting to buy BTC later than your forum registration date.


Still.  I doubt that anyone can really project which way the BTC price is going to go in the short-term.  Yeah, we can zoom out and see that largely we have been in a bull run since late 2022; however, we might not have realized that we were in a bull run until either mid-2023 when the BTC price started mostly staying above the 200-WMA (which was around mid-$20ks at the time); however, the fact that we were in a bullrun since late 2022 might not have had been realized until around October 2023.. so it can sometimes be difficult to know when we are in a bullrun, and so if we presume that we are still in a bull run (until we no longer are), then we may well expect several fairly large BTC price corrections along the way and during the bull run, and so this most recent one has been around a 20% correction so far from the upper $73ks and down to the mid $59ks..  So yeah, sometimes during a bullrun,  the corrections can be larger and they can last longer than expected, but are we really going to know and who is going to want to try to trade that crap instead of just having an overall policy and/practice of mostly ongoingly preparing for UP... I personally don't find much value trying to sell BTC in order to buy back lower rather than just having a more reasonable plan that mostly hangs on to most of the BTC.. and if there is any selling involved on the way up, it tends to be a mostly small amount.. just as a kind of downside insurance and is largely not meaningful in size as compared to the total size of the BTC holdings.. which largely means mostly holding rather than either selling and/or trading.

Either you are retarded or you are a bot.

By the way, at the time of your post, the thing that you were describing in such theoretical terms, the halvening, had already happened.. about 4 hours prior to the time of your post.


Whoaza!!!!!!!!

Kwarkam's in there twice.... that means the totals calculation was off by 9,900 pushups..


I am not sure if Dirty Keyboard's script will read with all of those spaces (even though the one after 100k, is supposedly o.k.), but I think it might be safer to put it without the spaces.. Maybe I should not say anything - or fix your report and find out if Dirty Keyboard's script will pick up the details of your report, "as is."


First of all, it seems strange that anyone would even try to do 100 pushups if he is ONLY able to do 30 or something like that.  When I started I wasn't sure how many I would be able to do (regularly), so I estimated that I would do 10 and then I would advance, but then after I did them a few times, I figured out that I could do 15-25 with pretty decent form, so I thought that I had a good starting framework, so it was merely a matter of spacing out how frequently I was going to be able to do them.

Currently, I am usually doing around 50 pushups at a time, and I seem to be kind of stuck there for the moment, and the most that I have done, so far, for any set is 63, and since I am so sore when I get to 50, for about a week, I have not pushed myself to try to do more than 50. and that is fine.. I am doing them regularly, I am getting 5 sets per day, it still hurts a lot, and I have been doing quite a few sets of walking lunges, too.

If you want to get your totals into the table, then you need to put your results in a proper report, which might look something like this:

100k,Antonil,total number of days doing pushups,total number of pushups,24-04-20

Correct the report to put in your actual total number of days doing pushups and the total number of pushups that you did, separated by a coma, and report every day or every few days or whenever you feel like getting your updated results into the table.

---

Here's my latest report:

100k,JayJuanGee,76,14010,2024-04-20

I doubt rolling back is feasible, and I am surely not going to jump to the conclusion that bitcoin is broken.. not yet anyhow.  Let's see how long those creating the higher fees can keep it up.... I have my doubts.


Bitcoin price does not follow hashrate. #justsaying It is the opposite, including that miners increase their hashrate out of anticipation that the BTC price is going to continue to go up... which it likely will for another 12-18 months from here... give or take.  Sorry to say, but you likely don't know (understand) bitcoin very well if you believe that price follows hash.      Not claiming that any of us (including yours truly) understands bitcoin, but surely price does not follow hashrate.. that is just ridiculous, even though I hear that kind of nonsense quite frequently, including from others than merely you and Philipma.   


**I brought your seemingly retarded BIG down to a more reasonable and readable size.

You sound retarded to have had been waiting for a dip that might not happen, including maybe learning a lesson that it is better to be buying dee cornz regularly and constantly, especially if you are fairly new to bitcoin and/or you already have assessed that you don't have enough bitcoin.

According to your forum registration date, you already have nearly a year and a half in bitcoin, but yeah, you probably made the mistake of not buying aggressively, so you ONLY recently realized that you should have had been buying that whole time, and so now you are trying to be smart about it.. which also probably is not even the right thing to be doing for either no coiners and/or low coiners, and unless you front loaded your investment into BTC in the last year and a half, you are probably at minimum a low coiner.. which means you probably should be buying for the next 4 years and not be fucking around with figuring out if there might be a dip.. especially in these kinds of prices... now if we get up to $200k by this year or maybe $400k by next year, then maybe I will give you a bit of a break, even though probably as a newbie you should just be buying regularly and stop fucking around trying to act like you know which way the price is going to go, when you surely don't seem to have a clue, especially from the contents of your post.
 
So yeah, it is dumb to presume down and/or to prepare for ONLY 1 price direction, especially when there has already been 20% down from the ATH, so why would expect that MOAR down has to come..

yeah, sure more down might come, but it is not even close to having high chances of happening... and then tell us, how far are you hoping for? rather than just buying regularly?


You are not very good at these kinds of predictions.

Yes, there is an attempt to make it appear like there is an emergency, which costs a lot of money to keep that appearance.  Good luck.  Most likely there is not going to be any forced script or emergency measures.

I would rather go by 200-WMA, and consider any additional BTC spot price performance as icing on the cake... and yeah, it seems that mostly BTC tends to be at least 25% higher than the 200-WMA - but not always... .

Sorry to be a party poop.. but I put the 200-WMA to be slightly over $100k by mid 2028 - so 25% above that would be $125k... and surely we may well get some peaks and troughs along the way, but doesn't seem healthy to be overly getting our hopes up... while at the same time, I am not giving up on my probability assignment charts that show 0.5%-ish odds for BTC prices to get into the $2.5 million or higher range.... yet I doubt that those would be sustainable prices.


Maybe I might be in denial, yet I doubt that those kinds of fees are sustainable, even though I get the point that there needs to be some abilities for normies to be able to transact on-chain, even if it is infrequently... I suspect that those fees are going to be coming back down into the double digits.. or at least lower triple digits .. meaning below 100 sats per vbyte, which still is not cheap... but it would be somewhat manageable and perhaps incentivize some additional building to help to create cheaper transaction solutions.

On the other hand, I do get that this may be a certain kind of an attack on poor people being able to justify transacting or moving their coins to self-custody, and it makes it a lot harder to engage in day to day transactions, whch might cause some of us to conclude that bitcoin has become a much different thing than what we had thought that it was going to be, and is this attack being carried out on purpose in order to break the ability (or the attractiveness) of bitcoin for normies to want to get involved with.

Although some folks (would we call them degens) might be having fun with these things, to to the extent that it is NOT just seemingly like an attack to create the impression that bitcoin is broken.. so I have some trouble just presuming that an emergency exists, bitcoin is broken and/or that the nonsense costs of transactions are sustainable in such a way that the degens are actually getting other degens to pay for what they believe might have some kind of a buyer who is willing to pay for whatever dickbutts or whatever they might be creating on bitcoin and then wanting to sell to some other degen.

In other words, it costs someone a lot of money to be pushing the fees up so high like that and keeping them up there like that... to record setting levels... who is willing to pay it, how deep are their pockets, and is someone else coming in to pay them to refill their pockets?  I have my doubts... and maybe we have to watch it for a few days, a few weeks or even can they keep it up as long as they did from November to mid-February-ish? was that 2.5 months or so, and there could be some folks who are trying to create this "bitcoin is broke" narrative, but can they keep it up? and find buyers for the seemingly junk that they are creating?  Hey maybe it is not junk, but they are paying fees for it, even though I have my doubts about any rush to action or to conclude bitcoin is broken, merely because some folks found ways to have fun on bitcoin and are willing to spend a lot of money on their seemingly current funzies.

We might be talking over each other a bit, and maybe I am the one who is deviating from points in this thread, which is about what a country is doing in regards to their investments into bitcoin, including their encouraging and creating incentive systems for the involvement of individuals and institutions to invest into bitcoin - yet surely when it comes to larger players, such as governments, institutions and even richer folks, then, as you say, they likely should be considering ways to diversify their investment and to make sure that they get off of zero.. .. and so yeah, I agree that zero is the wrong answer - yet still I stand by my other points regarding smaller players might not even be in the habit of investing, and perhaps that also goes into governments too, since the IMF, world bank and other outside institutions seem to love to push various governments into living off of debt, they really are not so likely to even encouraging either self-sustainability and/or strong investments from countries.. but instead seem tor frequently want to put countries into pickles and even dependency relationships so that they cannot exercise self-sovereignty or systems that are sustainable and growable for their own countries... which likely goes back to why international institutions are continuing to act so hostly regarding El Salvador's investment into itself through its investment into bitcoin.


People can do what they like, and surely a bitcoin first strategy is likely going to help to guide value - and if people are experimenting for the mere sake of experimenting and cannot identify where the value is, then they likely are going to get sucked into nonsense.. it can be a slippery slope when someone might fall off of the ability to distinguish what is valuable from what is not valuable.


They might have ways to make sure that they are emphasizing the right things.  Of course, in some ways the obligations of governments tend to be different from individuals in terms of their need to attempt to play neutrals, act in the public interest and create balanced incentives.
 

We cannot always know if we are being scammed, and some projects they raise money before they have done anything, so there likely needs to be some balancing in terms of the project getting paid for delivering rather than getting paid in advance and not delivering, even if they say (and the facts seem to support) that they had good intentions to carry out their end of the bargain.
 

For sure, people can learn more when they have ways to interact rather than being passive... so getting involved in various activities can be a learning experience, yet no one likes being duped into something that was different from what they had thought it was going to be.


I try to just do one post at a time, and sometimes quoting my other posts (or some other content) in order to make it easier for me to try NOT to repeat myself too much in ways that would be overly boring.

Yeah.., but 56.  That is not that far away from top 50, and perhaps today we are going to be back in the top 50. 

There does not seem to be any reason to worry about BTC prices and/or even daily weight traded BTC prices, even if we were to be knocked off the top 100 chart, and yeah, it has not yet happened... so there really seem to be a lot of various support levels that would need to be broken if we were going to first drop off of the top 100 (which hey is in the lower ends of no man's land so not even out of the question to drop off), but then second to get all the way to the bottom of no man's land, which I estimate to be around $55k, and we have not even come close to getting there, yet..   

I am not saying it is impossible, but still.  Around the end of February we bounced from $53k-ish and into the $60ks without hardly looking back, and barely a couple of times revisiting the upper $50ks.. so yeah, maybe we go down, but I am not complaining about where-ever we happen to be in the top 100.. no problema.

The investment thesis of bitcoin is as strong as it was 10 years ago.  Sure, there is less upside potential in terms of magnitude, but there is no reason to change the approach right now as compared to what a guy might have done 10 years ago.  In other words, a guy who figures out that bitcoin is a good investment should attempt to invest as aggressively as he can without over doing it, whether that is $100 per week, $10 per week or some other amount that is within his discretionary income.

Now on the other hand, if you are trying to suggest that there is some other place to put your money, besides bitcoin, then pray tell what is that?  Hopefully you are not implying shitcoins.

The fact of the matter is that bitcoin remains amongst the best of places to invest right now, if not the best, so your nonsense about not being able to profit enough is a bunch of bullshit, because guys who got into bitcoin 10 years ago, were not very confident in whether their investment into bitcoin was going to pay off.  I know.  I was actively involved and got started in bitcoin right around 10.5 years ago, and surely there were not many folks ready to listen to me, and it is true even today, regular folks believe that they are too late to bitcoin, and the main thing that has happened in the last 10 years is that bitcoin has grown somewhat, but it is no fucking where close to being a mature asset, merely because rich folks are using spot ETFs to front run retail investors (and other normies), and so normie common men better get their brains in gear and get started investing into bitcoin rather than pouting about how they are supposedly too late, which seems to be the theme of your dumbass advice legendbtc.

Even in your own case, you have been registered on the forum since mid-2016.  Hopefully you have gotten enough BTC, or did you even think 2016 was too late?  You probably did and you are still whining about how you missed out, and you are still saying the same dumb things that fail refuse to get guys involved into investing into BTC, which is what any and all newbie normies need to be doing for their own good, and bitcoin is not going to wait around for them. . .and the guys buying the BTC spot ETFs are going to try to front run the normie newbies, but even those guys are a bit slow in terms of getting in, so any normie newbies who are getting into bitcoin now, better figure out ways to get started and to get as aggressive as they are able to be with their investment into bitcoin and hopefully they can establish a 4-10 year or longer investment timeline..and then see where they are at 4-10 years down the road.  Of course, if they can front-load their investment into BTC, that is fine too, but many folks are not able to front load their investment, so they just need to create some kind of a practice in which they are investing regularly, such as weekly and then just keeping their investing into BTC going... and even though there are no guarantees, they can hopefully learn as they go too and figure out how to tailor their BTC approach to their own particular circumstances.


Don't be fucking around with crypto, or lotteries or gambling.. just figure out a bitcoin strategy and build your bitcoin portfolio for 4-10 years or longer.. so stop your nonsense by suggesting "crypto".. start with bitcoin first, and then figure out later if you want to get involved in shitcoins, but you should develop a bitcoin strategy first.


Start with bitcoin. Don't be fucking around with shitcoins.  Start with bitcoin first, with whatever extra cash that you can set aside, and then as you get started and study bitcoin you can decide the extent to tailor your investment into bitcoin as compared with other trade offs that you might have including if you have an income that comes from employment or if you have needs to invest into a business in order to generate income, which could end up taking away from some of a guy's ability to invest into bitcoin.  Each person has to balance these kinds of matters, but everyone should get started with bitcoin, and don't be thinking about shitcoins or trying to consider shitcoins as the same thing (or a similar thing), when they are not.


A better way to explain bitcoin is to suggest that it is a way to preserve your value.  Sure it is not guaranteed, but if you take a measured approach and continue to put money into bitcoin over 4-10 years or longer, there are decently good chances that your wealth is going to end up being preserved better by having had put it into bitcoin rather than in other places, even though in the short-term you might feel long periods in which you are losing value, but the way that bitcoin is designed it is quite likely to have good chances of continuing to increase in value... and you can also learn about it as you go, including learning how to hold your bitcoin in private ways (private wallets - and to secure them for yourself or for your heirs).


Yep.. You can ONLY invest into bitcoin (or any other investment) with extra money that you have.  You cannot invest with money that you are going to need in the next 4-10 years or longer.  So if you are real poor, then you might ONLY be able to invest $10 per week into bitcoin, rather than $100 per week, and if you cannot afford $10 per week, then you are not going tyo directly be able to benefit from bitcoin, and perhaps you would just indirectly benefit from bitcoin causing more fairness in the money, even though you personally don't have any discretionary income.  You have to have discretionary income to invest otherwise you are gambling rather than investing, and it is not good to gamble with money that you need for your expenses.


That is one of the advantages that we have right now.  We know about bitcoin, so we can invest into it and build our stash., and yeah, maybe in 10 years we might be able to accumulate 1 or 2 bitcoin, or maybe we will only be able to accumulate 0.1 to 0.4 BTC.. and maybe that will still be a lot of bitcoin in 10 years.  We should attempt to do our best, since we cannot know for sure how much bitcoin is going to be worth in 10 years from now.. or even later.  There are a lot of people who invest 30-40 years of their lives, and with traditional systems, they might never get anywhere with their investment.  It seems that even though bitcoin is not guaranteed, it seems to be a good place to put extra value as long as you are able to figure out ways to protect that value accumulation.

A new thing was launched at the halvening .. called runes.. so maybe there is some high fee connection to that.  Agreed that the fees are pretty outrageous and seeming to persist over several blocks... so some other guys probably have better explanations for what might happen.. and by the way, I had heard predictions that the first block after the halving might have more than 10 BTC, and it ended up having nearly 40 BTC, so even the earlier high predictions likely ended up under-predicting how much fees would be going into some of these seemingly fad like ways of making money.

Hahahahaha.. I did not see that one from the site.

Good for you.  Not ONLY is it better to hold, it is better to be continuously buying in order to help to reinforce your conviction to your investment.


You sound like a pretty weak hand.  Hopefully you don't get scared out of your cornz.


If you don't overinvest, then you should not have anything to worry about.  We are within less than 20% from ATH prices, and so if you had been buying BTC since your forum registration date, then you should be in a pretty good situation right now.

Just think about it.  If you had been investing $100 per week since November 2017, you would have invested right around $34k and you would have around 2.7352 BTC.  Not a bad place to be.


Sell some then.  Shave off some profits.  NO need to be over invested if you cannot handle it.


That is pathetic.  You need to cheer yourself up.  We are here to hold weak hands.  Toughen up soldier.


The price has gone pretty much straight up since November 2022, so yeah, there were a few corrections along the way, but if you look at the chart, it has mostly been up.. so I hardly see any reason to be whining about our being in a place of less than a 20% correction from the ATH.


Are you sure that the anesthesia has worn off?  You are slurring your words.

#justsaying.

There are ways to spread out the pushups and/or even to do modified pushups which make it possible for weak people and even very fat people to be able to do 30 or more pushups in a day... . ..but yeah, I was willing to propose less than 10 pushups in a day as a kind of cut-off even though many of us likely realize that there are ways to do at least 30 pushups in a day, even though no one is proposing to have that high of a standard, and so it just seems that 10 pushups in a day would be the bare minimum to be showing good faith efforts.. even if those might be modified pushups, and I actually would recommend that a guy/gal does modified pushups rather than full pushups if they are not able to do close to 10 pushups in any given set... since if you are building up to making yourself stronger, it is probably better to start out with high reps and low weight rather than high weight and low reps.. so there is something good in doing at least 3 sets of 10 as a kind of starting point, even if they are modified in various ways of keeping the chest higher than the feet or even doing the pushups from the knees rather than from the full body with the feet.


As I type this post, the halvening is in 6 5 blocks -- so about an hour.. which would be between midnight and 1am UTC time.. which maybe it will be closer to 1am.. but it is not easy to know exactly .. because the last six five blocks could get mined quickly on the one hand or they could drag out to take longer than usual, on the other hand.

That is one of the powers of just ongoing, consistent and persistent continuing to buy, even if it is just a small amount.. it helps to reinforce the dedication to the BTC investment, and surely options likely continue to increase with the ongoing investing, especially if maybe the person comes from a poor background and just spends more than 10 years buying small amounts of bitcoin without being tempted into selling them, and then even if the amount is ONLY $10 per week, then after a year it is $520, and after 10 years it is $5,200, and sure maybe it still is not enough, and maybe he needs another 10 years of buying BTC which would end up being $10,400 invested after 20 years (with ONLY $10 per week), and surely the earlier purchased coins would have greater odds of having had appreciated more than the later purchased coins, and even if there are no guarantees of profits, I think that the odds should be pretty good that the guy will have put himself into a better place by buying BTC through that whole time versus his other option of not buying.

Sure I don't mind..

There have been efforts like that in the past to buy at the same time.. but usually they don't go too well.

But yeah.. maybe just sometime during the day by $21 worth.. not a bad idea .. just for funzies.


I had a couple screens open at the same time... and then I got a couple of screen shoots.. but it was more like selecting it, rather than the getting the whole screen.

The other one was just a bit less..




As we had been getting closer to the final blocks, I was thinking that it is going to be really close to midnight.. UTC

Yep.. no coiners and low coiners rejoice..

But in the end?  Who is the one laughing?

Surely not the low coiners and/or no coiners.


You gotta be in it to win it.

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Hi Homer.. I'm the guy with the space suit on.. third from the left - standing by his lil selfie..