You must have either not gotten the memo or you failed/refused to open it..

In other words, it is definitionally impossible to mindrust a shitcoin..


It does not matter if you refer to such shitc0in as your lillie precious or not..

It no doesn't work


In other words.. sell shitcoins to your hearts content.. at any price and under any market condition, it does not count as a mindrust.

If you want to mindrust, you better try harder..

 


Well I will congratulate you about that, so you can get your butt in gear and start (or resume) stacking sats.



I am not sure if "we" would want that, unless you are able to guarantee that it will objectively better than the most recent one that we have been witnessing..


Rome was not built in a day, and presumptively, there were set backs from time to time.


I think that we have already established that no coiners and low coiners have tendencies to be assholes in that kind of a way..

Therefore one of the likely strongest solutions from contributing towards mitigating your asshole tendencies is for you to get a meaningful and substantial stake in our lil precious.. so get out there dear trooper/soldier and get in the mode of stacking some sats.. stack a meaningful and substantial amount.. nothing whimpy like some other members... who will remain unnamed.. at least for the time being.   


You will care more if you get some stake... or at least increase your stake.


Don't fret or worry ur lil head about those kinds of matters.

Stay focused.

You might even need some lazer eyes... unless you had merely misplaced them from earlier.  Homer can help.. perhaps.. but only those who want to be helped.

hahahahaha



That is be called koreck.

You do no have enough... so get to work stackening MOAR of them. 

Maintain aggressiveness and assertiveness without getting  overly greedy.. figure out something reasonable, prudent and that does not devolve into gambling.

You might need a mentor because if left to your own devices, you seem to have a predisposition to devolve away from reasonableness and prudence...

Any volunteers?

Anyone want to mentor one stubborn fuck, aka D_W?  And some other names too, but "we" just refer to him as internet dog/cat.


I think that the mouse that drug you in must have been lured towards you by those cute little mouse underwear ears that you have on the top of your hat.

You do not have lazer eyes to scare them away, just cute little mouse underwear ears.   

Huh?  You seem to be talking about something else.

El Salvador implemented a law that made bitcoin legal tender.

Yes, there are a variety of implementation questions, but those implementation questions are about bitcoin and bitcoin related matters.

When people use the term crypto, they are either just being vague in terms of not knowing how to employ the word bitcoin into their language, or they deceptively talking about something that is not bitcoin, such as shitcoins.

Let's not get into technicalities, just clear up your language jokers10 so we can attempt to understand if you are talking about bitcoin or some other topic..


What's your point?  lighting network (LN) is a way of transmitting, storing and facilitating various services on bitcoin.. sure it is a slightly different thing than bitcoin, but it is related to bitcoin, and a way to attempt to utilize bitcoin... in terms of not being bitcoin, who gives any ratts' asses about that?  You seem to be getting distracted if you are proclaiming that LN is not sufficiently bitcoin, so therefore you can vaguely refer to all kinds of other bullshit including but not limited to vague use of the term crypto.. as if it is some kind of an opening to speak in gobbledy gook.. and I have some difficulties why you are even trying to defend your use of the term.. .. can you at least try to clarify what you mean and put bitcoin in there and maybe repost what you were trying to say.. if you actually were trying to speak about bitcoin rather than just purposefully propagating confusion regarding what points you might have had, if any?

I don't really mean to be confrontational, but your choice to double down on seemingly meaningless mumbo-jumbo does not come off as really helpful in getting anywhere either...


Are you talking about bitcoin or what?  Maybe you can clarify?  It is not just about technically attempting to be a purist about word choice, but trying to figure out what are you talking about exactly? 

Sure there have been some criticisms that the El Salvador government did not make enough efforts to educate people about various aspects of their implementation of the bitcoin law, but a lot of those accusations are vague because there seems to be all kinds of activities around the fact that the bitcoin law has been implemented in the first place and even the fact that the law has provided a kind of space in which it becomes way easier to learn about bitcoin as a topic and also to actually apply it whether individually or various institutions or businesses. I doubt that there is any rush to force people to learn, so there is likely a lot of back and forth in terms of a lot of different efforts that sometimes might come through governmental actions and mandates and implementation measures, and the various ways that individuals and other non-governmental actors are taking actions too.

Again, maybe you can attempt to specify what it is that you are talking about and how it relates to what you envision to be happening in El Salvador in relation to bitcoin?  Yeah, of course there is the Chivo wallet and there are other wallets too, and we have seen some various posts about some of the data related to expanded usage of various bitcoin related systems in El Salvador, but we have also seen reports and claims that there might be some concerns that adoption is happening too slow or that the population is overly confused about what is bitcoin, and even you suggested that these matters take time.. but you did not use the word bitcoin so it became a bit more difficult trying to figure out what you might have been contemplating to be going on in El Salvador or what they were doing there back to your choice to ongoingly use of such vague term such as crypto.


Why not use the term bitcoin then, if that is what you were talking about?  It does not make you appear smarter or more academic or detached to use a vague term such as crypto if you are really talking about bitcoin.   Do you have some other reason to not use the term bitcoin so we know that's what you meant?


I already responded to the idea that there might be times in which some clarification might be needed in regards to bitcoin as compared with shitcoins or that some wallets might have shitcoin features, but I still doubt that learning about various shitcoins would be central to whatever the Salvadorean government is trying to achieve or any of the non-governmental organizations that are focused on various aspects of helping to educate Salvadorean people regarding El Salvador's bitcoin law implementation.  It could be in some sense that we might be quibbling, about how any particular education campaign might be framed or the kinds of subjects that might come up and choices that individuals might take in terms of how to present various bitcoin-related topics in El Salvador, but I still doubt any characterization that they have goals to teach about "crypto" in El Salvador or that it is even a good way of trying to describe what has already happened in El Salvador, what the state on the ground in El Salvador is right now and/or what they are trying to do in El Salvador to work towards their bitcoin adoption future. 

At the risk of repeating myself too much, yeah of course, shitcoins are in El Salvador and striving to get their little scams into El Salvador, but El Salvador specifically choose to write their law in a way that is bitcoin specific, and shitcoins are different than bitcoin in a lot of ways.. bringing us back to the question about why use the word "crypto" when trying to describe what is happening in El Salvador related to bitcoin.. back to you jokers10?


Huh?

There's nothing wrong for the El Salvadorean government and or related entities to continue to press forward with their bitcoin information and various aspect of their bitcoin implementation.  Frequently, a lot of work can get done during times in which BTC prices are suppressed.  Of course, current spot price and ongoing dynamics related to BTC spot price is not comfortable for everyone, but I doubt that there is any need to just shut it off, wind it down or whatever other depression-based approach you are suggesting to be the better way forward.  Maybe we should just recommend that the El Salvadorean government just shut the whole thing down, like the IMF suggested that they do.. ?  The IMF is correct, right?  El Salvador should have never gotten involved in such a wild and crazy idea like bitcoin, right? That's the better way to go forward?

Aliens do not tend to like kids very much.. so you probably should include that into your expectations of future results. nanu nanu... Robots on the other hand..

Look who the mouse drug in.

 

[I cooperated with the editing.. this one time.... even though I doubt we have any kind of significant or meaningful obligation to save folks from their lil selfies.. they can post whatever the fuck personal information that they want.. whether true or not..



Back to the show... ]



Fight club, no?

I heard of fight club.. back in the day...

We are just regular normies now..

been demoted

 



oh gawd...    


Might be a good idea.


Whoaza!!!!!!!


you fucking lucky bastard.  I would like to have had gotten a dippening in which my networth ONLY dropped by 20%... that would have been fucking amazingly bullish  would not have had to ration the hookers, lambos and blow as much, either.. win win.. .

EXACTAMENTE........!!!!!!!!


but we are...







fuck




Sometimes easier said than done.. you supposed currently blowing with the winds / waffling bulltard wannabe.   


I think that pessimistic feelings are coming from NOT ONLY that the BTC price bouncing around at or below the 200-week moving average for nearly a week (more than 5.5 days), but we have dipped to like 21% below the 200-week moving average within the past 90-minutes to our current low of $17,593 and that is not even clearly the bottom.. since in terms of time and even price hardly even very far of a distance from that..  So, it could be the bottom.. and still emphasizing how much we still have to make up just to get back up to the 200-week moving average.. but still also too soon to call that price from 90 minutes ago as the bottom of our current dippening, either.

No ... better yet UnDerDoG81.. sell as the BTC price is going down to extremes that it had never gone before in order that you can buy back lower..

You will thank me later.

You will feel better too.. especially once you click on that sell button.. .. and when you feel the relief, then you will know that you did the right thing.  seriously.. seriously.. think Nike.. just do it..

No one knows better about yourself than uie-pooie.. and you have been inclined to sell ever since $60k.. but no one here would stop peer pressuring you not to do it.. remember?  remember?  remember?




Think BIG... Biodom!!!!!!!!







Think 21



Does not sound like a good strategy.. but to each their own.  You know your particulars better than members participating in this thread would.

oh gawd...


 


Should "we" perform a figurative or a literal batslappening.. ?



I kind of like the lllllitttttterrerrralll ones.. because I just love how that word rolls off the tongue...

 


I did edit and put a disclaimer on my earlier post (that you quoted above).

By now, you likely realize that I do not necessarily get worked up about either short-term BTC price performance or even whether some guys may have over-performed (or outperformed) various other persons in terms of various narrow indicators (including profits showing up in an account or various other ways to say.. I am up, I am down, I am sideways).  I am not proclaiming that it is not good to attempt to monitor those kinds of measurements - including but not limited to having some snapshots of a variety of measurements that are personal and might not even be shared in regards to some other asset, properties, currencies.. and for sure some measurements are difficult to measure that involves psychology, and comfort levels evenif you might show that you are able to sleep x, y or z number of hours in one scenario versus x, y, z number of hours (+/-) in other scenarios. 

Surely from my point of view, there is a lot of value in attempting to mitigate various risks for price performance in either direction, even if the mitigation effort end up causing less profits in the present or even at various measuring points in the future.

It seems to me that there also should be a bit of humbleness, even though some folks may even proclaim that our current BTC price circumstances were completely foreseeable, and sure after we end up in a place like this, then sometimes we might consider that we may have missed some tells or some facts that we had not been giving adequate weight in earlier times and our information seems to become more perfect in present times than what it had been in past times, but even if we make all those assessments, we might not be able to conclude that we did anything wrong in the earlier times, even if events did not end up playing anywhere close to where we had assessed them to have been likely to go.

Many times, it is not so simple to even adequately describe where we are at and/or how we got here.. There can be a lot of disagreements about what had caused such a situation or what might have caused such a situation.. .. especially while we are in the middle of a lot of seeming relative volatility and/or even a position that does not seems to be supported by either the technicals or bitcoin's historical performances.. which makes it even more difficult to really feel confidence in where we might be going based on where we are at, even if some folks might be able to believe that they can see where we are going better than others or might be ready, willing and able to take certain risks to bet on their vision based on what seems to be a lot (perhaps too much?) incomplete information.

And another factor is merely surviving and being able to make some additional bets... Some folks might have played BIG to sell a lot of BTC at seemingly bad times, but it ended up that they are currently in a relatively better position than some folks who might have taken a more reasonable approach in terms of how they played BTC price dynamics.

Upon reflection, it can be difficult to assess and make comparisons, but even for me on a personal level, I felt that this time around I was way more prepared psychologically and financially for extreme BTC dips.. but there are ways of measuring this particular dip that shows that it goes beyond earlier dips... and there are other ways to measure it in terms of just being normal dip actions (especially if we ignore the 200-week moving average. .hahahahaha).. So yeah.. sometimes we may well need to tweak some of our considerations in regards to what bitcoin is and what is possible or likely in terms of BTC price dynamic s based on some of the changes in what is currently happening in comparison to what had historically happened in bitcoin.

You'd better, you diptwat!!

 


Sell, and buy back cheaper.

 

This is not financial advice.. even though it is in this specific case.


Was your voice better back then too?

No homo..

I think.

Oh?

You are not here to gloat?

hahahaha

Let's all cry together..


It would not have been too smart to lump sum buy into BTC at $69k,, but I can see some reasonable normie person starting out their adventure into BTC at $69k by making their first purchase at $69k, then setting up buy on dips and even DCA and to potentially running out of money, and wondering what the fuck?.. and sure maybe made some additional mistakes along the way.. to leverage, too.. but maybe such guy/gal would have an $40k-ish average price per BTC at this point? depending on how extensively s/he had front-loaded such investment and the various tactics and potentially reasonable mistakes along the way?

I suppose it is kind of like a "that escalated quickly" situation.....



but not comfortable, either.


oh really?


I hadn't noticed.


It's not easy to come to that conclusion... There's quite a bit of leeway on the interwebs in terms of back and forths.. and maybe even moreso in this thread... .. so even if some members make mistakes or are wrong in positions that they take, I doubt that it even rises to a level of maliciousness if they double down on their having had been wrong and arguments will frequently flip from substantive to personal and even sometimes start out in ways that are way too personal and way too difficult for others to understand because either one or the other party is over reacting or they have a history of escalated interactions between themselves..  


Funny how people rewrite history.

You were talking about selling at the dip at $30k-ish last year.. and probably other times.. You seem to have a tendency to talk about selling on dips.. so that likely contributes to why you tend to receive push back during those kinds of times.


I had to edit this portion of my earlier response...  

I wrote my below response, and then I realized that I had come out fighting a wee bit too much.. because initially, I thought that you had been dissing me or my recommended techniques/strategies... Perhaps I had been reading too much D_W recently?  perhaps? perhaps?  Come out swinging and throwing punches and then come back and pick up the innocent dead bodies later (including my own).. hahahaha

It surely feels like dire times, and it is likely not easy to get the no coiners or the lowcoiners started in times like these... likely many low coiners and no coiners are feeling quit smug right now... sending text messages - re "I told you so" blah blah blah..   

For sure there are quite a few of us who have been in a long time.. who even might be trying to play these price swings in BIGGEDly ways in order to not become emotional.. but even with that we may well have been quite prepared for UP in the $30ks, $40ks and $50ks...

Some of us have run out of money.. been buying on dips. .and even cashflow running out..

That may well be funny for a no coiner to be witnessing this level of overshooting, correcting and purging of some of the froth.. if that might be what is going on?

For sure it is nice to have various targets and theories regarding price points in which you are able to still buy.  I had to remove some of my buy orders.. which makes me feel bad.. ..and I should be able to come up with some kind of a reassessment in the coming day or two.. and I hate to be working so hard in terms of feeling as if I need to think about the matter a bit more and to rethink about the matter more than I wished that I would need to do.. including but not limited to considerations regarding how much cash I have, what were my projected expenses regarding what I was planning to do and whether I for practical sakes, may well need to make some adjustments to some of those cashflow projection matters.. I feel that I am in a kind of similar spot in terms of some of Jimbo's thinking (in this post) even though my specifics diverge in some ways from his.. but still coming across those kinds of similar weighings..

From my own personal feelings/experiences (and my ability to empathize to some degree) I can appreciate that in times like these it can sometimes be difficult to feel like doing anything - ... and so the remedy for running out of money - because you bought on dips would likely be HODL.. but some people get nervous and they figure out their own remedies that may or may not end up working out for them..

Ongoing cashflow does help to at least buy on dips and maybe just lower the DCA amount if there is too much nervousness about where we are at and where we might be going.. but if there is an ability to just keep the DCA going, then that can be helpful too.. it is largely a matter of if the various dips are causing your wealth effect to go so low that you worry about your cashflow.. but if you had been a low coiner or a no coiner, then you are likely in a better position to either just continue with the same DCA or even to increase the DCA during times like these.

I am not even proclaiming my own remedies or tactics are 100% fool proof.. even though they tend to work out pretty good so long as the BTC price ends up going back up at some point.. and we even know that there are no guarantees in life, including that BTC prices are going to end up going back up, even if it remains the soundest of monies that is likely being fucked with through a process in which there are folks selling coins that they do not have.. . .. how long are they able to keep selling coins that they do not have is not exactly clear.. so maybe we are experiencing some kind of test of how long are they going to be able to keep selling coins that they do not have until we might be saved by some whiteknight bullwhales who are able to suck up all the coins and fuck the naked shorters (sellers)...

And I mentioned this before that miners may well be heavily exposed to the games that are being played by others because they have real coins.. but are the fake coins going to end up having to motivate those miners (holding real coins) to sell their real ones?   Furthermore, some of the miners had levered their real coins too.. so that would be mean that some of those miners become targets of the game players to liquidate them.. to get their real coins.. .I doubt that any of us have answers to questions regarding how much rewards can come to those who are pushing the BTC price down.. how low they can get the BTC price to go and for how long can they keep it down there?

Fair enough... there may well be times in which either personal messages are posted or referred to in terms of some kind of evidence of character or conduct.... which might even delve into fuzzy areas of whether some forum rules might have been broken or there are attempts to use reputation in questionable ways.. even though raising the contents of PMs as an issue might not be the go to first step in regards to some kind of a dispute.. .. as you have already conceded that

I doubt that we have a whole hell of a lot of tolerance for getting into too much reputation disputes in this thread, and there have been times in which solicitation has been allowed here (or looked the other way)..and so sometimes the line between soliciting on behalf of a member or some charity or something that might be "acceptable" might not be clear.. but surely sometimes it can end up going too far... and gosh a lot of us are likely feeling tough times current..... some worse than others for sure.. . even though maybe some folks have good intentions they might get tricked into some of these kinds of matters.. I frequently tend to attempt to not get involved.. but even that.. maybe there could be obligations to say something from time to time..

Also I would rather talk about king daddy too.. but king daddy seems to be kind of "on the ropes" at the moment, so even my lil precious is not a very exciting topic.. hard to find silver linings in overshooting and seemingly never ending times like these.. except maybe some froth is being fleshed out.. uncomfortable as it feels as it remains ongoing, persistent and insistent...

Understatement of the year...

 


Wat?

I believe that it may well be acceptable to describe some contents and context of PMs.. but it is generally not a good practice to either disclose them or offer to expose them.. and I am not sure if the fact that such PMs might break forum rules would be enough because there is already a remedy for that, which is to hit the report button within the PM.

I have no problem with both the concept of a bet to attempt to resolve a difference of opinion.. and I agree with several of the points that you had made in your earlier post D_W.. but holy shit.. you want to take this to a way further level than even seems plausible..

No one is going to bet you when you are getting so excited about the issue and even seeming to unilaterally impose the betting terms, even though some of those terms are not unreasonable.. but some of them are a bit much (and seemingly emotionally laden, too).. but still format wise.. it seems reasonable to outline some of the terms if the other party might be amenable to entering into such a bet..

Sure, I understand that if you feel that you have a winning bet then you may well want to get the other side to bet a larger amount.. but even according to yourself, you don't even have 0.1BTC.. and for sure, hardly anyone would want to run the risk of losing a whole BTC unless you just happen to find a gambler who might be as deranged as ur lil selfie.

Another thing is that goldkingcoiner said that he did not even want to bet you, and sure there could be a way of making the terms bettable.. but 10/1 odds?  I am having my doubts if those are fair reflections of the level of confidence being expressed, so far.. but sure, if you can get someone to proclaim something to be nearly certain about some facts, then yeah.. I suppose 10 to 1 odds is more than reasonable .. since it is 90% rather than 100%.

Even if we could arrive at 10 to 1 odds, I would think that your budget might really ONLY be able to allow you around .001 at most.. perhaps?..

and by the way.. even though goldkingcoiner does seem to like betting.. part of the reason that goldkingcoiner likely has a decent amount of BTC would be that he is likely somewhat measured in the ways that he bets.. we have already seen quite a bit of that from his historical forum participation..  

By the way, I was considering not saying anything.. but from the whole escalation angle ... holy moley.....    You might even make a street fighter start to feel uncomfortable.. and I would hope that our atmosphere here need not be that rough and tumble even though we might want to verbally throw down on some of the various issues from time to time... but still..

goldkingcoiner is a betting man..

#confirmed.


 


I do frequently argue that the concept of deciding how much to allocate to bitcoin versus fiat remain similar no matter your sources of income, but surely I understand that anyone who earns income in bitcoin is going to be faced with on going decisions regarding how much to liquidate at various points in time, and surely in recent times, we had so many folks discussing ways to employ leverage (debt) including miners, so there are likely quite a few miners who are now going to be under liquidation pressures because they had ended up employing a lot of leverage/debt that becomes way more difficult to service when mining income dries up and even the assets being held as collateral for debt (bitcoin and mining equipment in this case) ends up going way down in value.

My typing reminded me of your earlier point about the entrances of various financialization tools (players from wall street), which seems to be inevitable with any kind of invention (technology - or what do we want to call it?) that comes onto the scene and into society.. and bitcoin itself is even claiming to be a kind of money, storage of value and all that built into one.. so there's almost no way to escape financialization attempts that might start out way less than perfect, perhaps manipulation attempts and all over the place in terms of whether "fair" market value is being assisted to be found or desires to drive bitcoin in to the ground with an ability to short it more effectively... the school of hard knocks of "price discovery" no?


From my perspective  - potentially flawed - overall miners do not tend to be very whimpy unless they are completely selling all of their coins on a regular basis.. and maybe even failing to study into bitcoin.. .. and since I was a bit presumptive in not even recalling that you had a mining background, that means several of my premises for my framing of "what is whimpy" may well have been off in the first place..

For the time being, it probably would be just fair enough to go by your self-assessment representations regarding your not being whimpy, whether true or not.. but at least, I did kind of provide some kind of reference point.. so we would not end up being too abstract.. because in the abstract, most folks would proclaim themselves to "not be whimpy."  for whatever that is worth.  hahahaha


not unlike points that I frequently make in terms of both not over doing it and having cashflow projections (and likely some kind of emergency fund) ; and also the ability for very poor normies to invest very very small amounts could also improve economic situations of very poor normie peeps so long as they do not over do it.


I think almost every single one of us has a kind of tendency to want to overdo it (and want to gamble and wants to expedite our process of becoming more richie faster).. and nearly every single one of us has to fight back those kinds of urges.. because there are also folks attempting to tempt us into spinning the wheel.  

For sure, none of us should necessarily act as too much of a prude on these kinds of balances, because each person does need to find his/her balance and to feel some freedom in rolling the dice if they want to roll the dice...  point.. and frequently I believe that there still can be ways that regular folks can still gamble with part of their funds in order to scratch aspects of their itch and to have a little fun.. maybe less than 10% of their value or some prudent amount.. should be fine..  but again and again and again.. the inclination to gamble tempts many folks to go too far without having adequate principle preservations (building) mechanisms in place.. and sometimes we do hear about those guys who had nothing and went all in.. and maybe some of that is spin. . but some of the real success rags to riches do involve outrageous kinds of doubling, tripling down.

I doubt that there is any need to introduce a new term in regards to arguments about bitcoin being correlated to stocks or to any other assets.

Yeah, people make those claims about correlation all of the time, but they are not correct especially if we zoom out we can see that bitcoin is not correlated to any other assets.. however, in the short term there may well be correlation.. and also during liquidity events there also may be correlation.. because during liquidation events, even like the pretty damned BIG one of March 2020, almost every asset class crashed.. and during such crash, they were trading against the dollar.. so in the short term, the dollar was the place to flee.. but even that flee to the dollar and outrageously crazy responses of dollar printers to treat the matter as an excuse to print "infinite amounts of cash", that still might not have been the correct decision because a couple years down the road, the dollar ends up being quite devalued in comparison to hard assets, such as bitcoin..

.. so the bounce in bitcoin prices from march 2020 could be considered in conservative ways as 6x or 7x and to start from a base of $10k-ish... but if we measure from the bottom of that liquidation event that went down to $3,850, the bounce ended up being close to 18x.. The overwhelming majority of assets, whether we are referring to various kinds of stocks (nasdaq blah blah blah), property, commodities, PMs such as gold did not experience even close to as much of a bounce as bitcoin... so it should be pretty obvious that claiming correlation does not end up being so much a strong case - except if such claims are made in regards to some of the short-term price moves... and so even now, bitcoin is experiencing some extreme correcting .. and there may well be some very passionate desires to drive it down as far as possible and as low as possible.. but also taking advantage of some very loosey goosey players that have been pretty sloppy with how they had been connecting some of their scammy interest bearing products to bitcoin - attract folks to their Ponsi scheme like scams with made up yield that they would not be able to sustain if the BTC price ends up correcting beyond expectations - which then fuels and motivates ongoing pushes to drive BTC's price lower in order to flesh out more and more and more of these players who had been collateralizing their otherwise unsustainable products with BTC.

So right now whether we are still experiencing outrageous 24/7 market pressures to continue to hunt for various weak spots in which to suss out additional smoke and mirror products, we sometimes might end up loosing our confidence in bitcoin itself as an asset or even wondering how far it will be possible to continue to push the BTC price down..   

It seems to me that we are convoluting words, if we are mixing up personal practices to figure which assets that they should invest into, and normies are weighing  their investment allocations, so in that regard, they are comparing and contrasting some ideas of bitcoin's current price and expected value - like they would consider a stock - but of course, the fundamentals of bitcoin remain different, and normies won't always know how to value bitcoin - but it still does not hurt if they are attempting to figure out bitcoin's performance in comparison or even coupling in their mind with other kinds of investments that they may well have whether various kinds of stocks, or property or other places that they might believe plausible to put some of their money - especially during times like this. .and trying to figure out if HODLing through the matter might be the right course - and whether the concept of HODL may or may not apply as much to other kinds of assets - even when bitcoin may well be one of the most liquid assets that they own.. so there may well be temptations to do something with what you have, which may well end up being the wrong move because even if we are in the midst of all kinds of downity price pressures, we can never really have certainty regarding how far down it will go and/or how long it will last... even though sometimes in times like this when we see so many defective products that were out there claiming to have "yielding" products, downward pressures on BTC can well end up fleshing out the ones that were not as backed up as they claimed to be.. or they were too tied to BTC prices going up.

And, at some point when the BTC price resumes to going UPpity, there may well end up being a whole hell of a lot of fuel from those who had been betting and pushing for more and more and more downity.. so then when the BTC price resumes up, we find out that they were using BTC that they did not have to push the BTC price down, so then if we end up getting large BTC price increases, those ones end up getting reckt, too.

and all my rambling started out by my attempting to clarify that we should not be mixing up coupling and correlation because it likely causes confusion for some of the maybe not quite so coherent reasons that I attempted to outline above.

I just clicked on that other thread of yours.. and yes., that was about bitcoin.. so why are you bringing up total crypto in these here parts?  why should we give any shits about "total crypto"?


lookie, lookie, lookie @ uie poo-ie...

pickin on dee wee widdo nice & innocent boi..

Don't we all gets our lil selfies into some internal contradictions here and there and once in a short while?

#asking_4_a_fiend



Incidentally, I had noticed some of you historical posts that have a tendency to have a tone that happens to be a wee bit less excited about our lil precious than what I feel about myself - in my own self-assessment.

But, sure of course it would not be easy to judge your seemingly less enthusiasm about dee cornz without knowing more of your various personal financial and psychological circumstances - and not even that I would want to necessarily know intricate details unless maybe we happen to be in a bar shooting the shit.. and then we might get into those kinds of discussions.. you never know?

By the way, it seems to me that I only name-call my fellow forum members as being too whimpy when they provide me with some level of detail in which I can hook onto it.. hahahaha looking at you Biodom.. (I cannot help myself sometimes)

You, me and Biodom have a similar forum age, so in that regard, sometimes there are some abilities to frame these kinds of whimpy or not matters in terms of something like a quasi-middle of the road $50 per week DCA strategy, which should have gotten such person somewhere in the ballpark of 22.6 BTC, but surely we all make mistakes.. and sometimes we end up having to start over.. like my own ability to ONLY get above 0.63 BTC.. but still I am not talking about me.. Instead, I have been attempting to talk about ways to attempt to measure whether even some relatively modest BTC accumulation strategies may well have ended up bringing some comfortable results.. even when mistakes happen to have been made along the way..

Historically, it was pretty damned common for me to suggest that guys and gal just get started with DCA investing into BTC with $10 per week, and since March 2020, I have been more inclined to suggest $100 per week.. even though I understand that some folks are in economies in which they are really struggling even to come up with $10 per week extra cashflow... but we try to do what we can, and generally speaking quite a few normies with cashflow in western societies should be able to reasonably come up with $100 per week or more to invest into bitcoin.

hahaha

peer pressure..



not that it will work.. but you never know.. a kind of long shot.. short of a cyber wrench attack.