That is not true.

Sure there has been a more than 4x price appreciation in the last 15/16 months (from $15,479 in November to our $64k so far peak of today), but newbies and no coiners are not too late. 

World-wide BTC adoption is still quite low, and even ETF participants have barely even entered into the market, even though the ones who have entered so far are likely contributing towards both front-loading and hoarding.. and that kind of behavior is likely to contribute to additional volatility.. potentially in both directions, even though right now there seems to be a lot of ongoing upwards pressures on the BTC price, partially attributed to increased demand from new entrants using BTC spot ETFs as a way to get BTC price exposure.

Throughout bitcoin's history people have felt too late, which should justify them into getting the fuck started as soon as possible and start accumulating BTC.  Yeah, you can attempt to play the waves, and each of the newbie no coiners, low coiners and/or bitcoin wannabes have to figure out their accumulation method, whether it is lump sum front loading, DCA, buying on dips  or some combination of those methods...

and even if some of us might feel all smug because we got in 1-2 years earlier than someone else of our economic equal, we have no way of assuring that we will stay ahead of them, because even if they are late and they are our economic equal, they still can figure out strategies to accumulate more smartly and more aggressively.  Now once we have been in BTC for a whole cycle or more, then it will likely become more and more difficult for our prior economic equals from even coming close to catching up with us.

Since you have been registered on the forum for 7.5 years michellee (which is right at about 2 full cycles), if you had been sticking with bitcoin this whole time, then you would be in a quite good place right now, even if your own economic circumstances might have had not been great, and yeah we can trace back a DCA tool and see that even $10 per week would have caused nearly $4k invested and nearly 0.9BTC accumulation... so surely not a bad place to be right now.. .and of course, $100 per week would have cost 10x as much and gotten 10x the results, too.


The interaction helps.

Sometimes we come up with just slight tweaks in our perspective that can cause a decent amount of difference - maybe in how we might speak with people in the real world... and sometimes those kinds of differences can cause us to speak differently, and surely in regards to bitcoin, there are a lot more people paying attention - and we have rich people (managing other people's money) who are marketing bitcoin for us, but that does not even mean that they understand bitcoin, so we still may well be needing to interact with people in terms of helping them to understand the value of self-custody - even if they might also have exposure to BTC through various ETF products...  a newbies just learning how to use BlueWallet or a Trezor can take a decent amount of time to make sure that they do not screw it up.. so they may well get price exposure prior to engaging in self-custody... step by step by step, and bitcoin would not be powerful if there were no abilities to hold and transact in self-custodial kinds of ways.. yet it still can take a while for a lot of normies to get there. it took me a while.. and I still feel pretty technologically incompetent, even though I have a few techniques that I like and sometimes share... which is almost getting into another topic.


You sound nervous, Marvelockg.  You have to find an amount that you are comfortable with, and it coudl even take several years for you to really start to feel that you are in profits. 4-10 years or longer... but if you invest too much, then you are going to always be nervous about it.. so you have to find an amount that is not going to bother you, and surely later down the road, you might regret not investing more, but you still have to get to a stage in which you are able to continue to invest and to hold for a long time, even if there might be times in which your holdings are not in profits... but keep buying, whether that is $100 per week, $10 per week or some other amount that works for you to stay in the game.. and otherwise go about your life without overly worrying about your bitcoin.   I know another thing about bitcoin is that if you start to invest then you likely will pay more attention and learn more, but if you don't invest too much, you can study bitcoin at your leisure.. and if somewhere later down the road, you learn more about bitcoin in order to feel more confident (or less confident) then you can adjust your investment style and amounts accordingly.


No need to be very preoccupied with profits, and be willing to lose all of it.. so don't invest any more than you can afford to lose...

And, yeah, maybe 4-10 years or more you look at your investment and you reconsider it.. Is it in profits or not, and do you need to make any tweaks to how you had been investing.  Did you just invest once or have you been continuously investing over the prior 4-10 years or more.


That sounds right.   Start small and study as you go.. and maybe you start kind of whimpy, but 2-3 years later, you reassess and determine that you want to take a more aggressive approach... but at least you had gotten started and you end up having some stake in the game.. rather than being a no coiner.


Some people do not start to think about selling their coins until they are 6-8 years or longer investing into bitcoin, and even then they might be a bit cautious about how many they start to sell.

Maybe you have been in bitcoin for nearly 2 cycles, but have you accumulated BTC during that time?  Have you beat the returns that you would have had gotten from merely accumulating and holding rather than trying to fuck around with selling and buying back lower?


I am doing fine.  Surely we went through some troubling times in 2022, and even 2023 was scary, even though it ended up as a pretty positive year, overall... especially for those who were mostly holding and/or accumulating coins.


Well, we cannot always talk about ONLY our own situation, and for me personally, I had done most of my BTC accumulation between late 2013, 2014, 2015 and 2016.  Surely sometimes I still accumulated after that, but I largely switched to some other strategies, since I largely considered that I had accumulated enough by late 2014, but then by late 2015, I had considered that I had over-accumulated, which assessment was not really help by how much the BTC price started to rise through 2016 and 2017.

Part of my advantage, and perhaps disadvantage, is that I had already had more than 20 years investing in other assets when I started in bitcoin, so in a lot of senses, even though I employed a lot of DCA, I also employed a lot of attempts to front run my investment into BTC.  I made mistakes too, and I still like to consider my average cost per BTC as around $1k per coin, so it becomes a bit easier to see if I might have had spent a decent amount of time between 2018 and 2020 with fluctuations of being between 3x and 10x up on the investment, and so we know that 2021 would have had a lot of 20x to 70x in profits, and so even though BTC price dropped back down to 16x profits for me, we are recently back into 40x to 64x profits, so no need to complain.. and whether there is a difference between 40x and 64x profits might not make a whole lot of sense, yet instead ways to consider how to manage the overall holdings and to not put too much of it at risk.

Many times guys coming newly into bitcoin are going to take a while to build their overall investment portfolio, so I think that many times, we are going to be talking about more typical situations for guys to accumulate BTC, and some of the guys are brand new to BTC, so they have to make decisions right now about what they are going to do.. and so most of the time (if not all of the time) the suggestion is going to get the fuck started. so they have to get started somehow, and then figure out their details as they go.. and if they don't have any other investments, it could take 10-20 years to really build their investment portfolio, and nothing wrong with starting with BTC and cash first.. and if they want to expand into other assets, later down the road, then they can consider that later, but getting started remains important... and putting ideas into practice can be tough in the first 1-2 years of investing.. figuring out the amount to invest and figuring out how to not get reckt.

By the way, once you get to a sufficiently large BTC stash, you may well start to think about either raking strategies and/or sustainable withdrawal theories... but you gotta get to a decently comfortably large BTC stash first... so I think in this thread we are working towards focusing on how to get to the decently large stash rather than what to do once you get there.

How about you, bangjoe?  are you there yet?  or getting close?  Sometimes guys also have difficulties knowing when they are there or maybe how to manage being there...so those could be issues, too.


Whether it is getting above $100k in the coming months and then staying above it or maybe it takes a year or two before we are able to stay above it.. or the fact that we just touched upon $64k in the last 3 hours, when the price moves up really fast, like it just did, then that invites a certain level of correction, since buying support might not be able to keep up.

I am not saying that I know what is going to happen, but sometimes there is a certain amount of value in going up a bit more slowly and perhaps having some smaller level corrections.

Another thing, I consider that we are currently in noman's land, which is largely between $55k and $82k - however, it can be hard to completely pass through if we might have had gotten here too quickly - and on the other hand, it seems a bit dangerous to be trying to trade this zone in any kind of sense of selling and hoping to buy back lower. .which may or may not end up happening... but we see if the BTC price moves rapidly, then sometimes the buy and sell orders cannot get replaced fast enough, so the lack of buy and sell orders contributes to greater volatility in the price (extreme moves one way and then the other).


Does it really matter very much if you might have a timeline that is 4-10 years or longer?  Sure we all like to be in profits, but it does not necessarily mean that we are taking such profits, even though we know that we can, if we want to.

I am going to try to NOT provide a wall of text in response, and surely deficiencies could be caused from some of our lifestyle choices besides strictly dietary problems, and I have so many supplements in my routine right now that I wonder if there would be any advantage to adding more or weaning some out.. and yeah sometimes one nutrient might not be bio-available without the presence of another - so then there frequently can be questions regarding how much are we already getting from our diet that is good and/or bad... and surely you mentioned alcohol and even coffee in regards to some negative consequences that may well end up causing some depletions and/or deficiencies that would thereafter need to be made up for.. in some kind of way whether that might come from supplements, diet or maybe even some activities, such as improvements to our exercise routine - which surely can contribute to our bodies healing themselves if we can get past some of the pains of exercise.

I had recently joined in on the 100 pushups per day until $100k, and you can see my status update as of yesterday in this post.

When you mentioned a good diet, we cannot necessarily know what you mean by that, and over the years I have gone through quite a bit of variation in my thinking on the topic, while at the same time maybe even accepting some of my own relapses into processed rather than natural foods. and sure we can have some processed foods in our diet without any problem so it could be a matter of degree, even though it also can be a slippery slope into consuming food-like substances rather than real foods... of course fats and oils are vilified in that regard, so there are some fats and oils that are more natural than others, and there could be BIG differences in our healthy feelings if our body is absorbing nutrients better.

Maybe part of my point is that we cannot always figure out the source of our deficiencies in terms of if there might be some things that we could do, or whether we might have some genetic challenges.  Think about something so simple as the proliferation of bottled water and the other ways that we might be imbibing plastics without even thinking about it... and in recent times I have been traveling so much so it becomes way more difficult to make sure that water might be more pure and even have proper filtering.. and from my point of view it is good to be trying to drink a lot of water, even though we can sometimes be tempted into various substitutes that might still be sufficiently good and without extra negative additives.. something like carbonated mineral water in a bottle, but sometimes if you order it in restaurant it comes in plastic.

Personally, I am not sure if I would be advantaged by adding some kind of a B-complex, but I will consider it - since it appears that most of them don't really have any overdose levels, and likely our body would just excrete out excess, if there were excess in the body.. and yeah, I am only going by the wikipedia page that i glanced through, so I don't have any extensive looking into it beyond superficialities.

In the last few days, I had been thinking about a podcast that I had listened to recently in which there was discussion of memory improvement and longevity being tied to olfactory (smelling) therapy, which surely is interesting.. and also I have really been feeling shitty the last couple of years since when I first got covid and then I got the stupid-ass vaccine. and so who knows why my smelling and my mucous production (post nasal drip?) has been ongoing with periods of improvement, but still I have been thinking that it might be good to consider some ways to improve my smelling abilities, whether it is through self-help methods or otherwise.

By the way, I was going to send you 3 smerits rather than 2 smerits for your fairly detailed post, and the reason for the deduction was that you had mentioned a shitcoin as "the forum's motto," which I find problematic on at least a couple of levels... 1st - the comparison of anything valuable and important being attributable to a scam like ethereum is almost beyond belief.. 2nd... I find it important for all members to recognize and/or appreciate a difference between bitcoin and any shitcoins, even if we might not agree in regards to how much time, energy and/or resources to invest and/or allocate into shitcoins (I personally suggest no more than 10% the size of your bitcoin investment, absent some other compelling reason), so from my point of view, in a lot of senses there is an importance to both prioritize looking at the world of "crypto" through bitcoin first, and then second, even if any of us might happen to be somewhat of a shitcoiner by potentially going beyond a 10% allocation into shitcoins as compared with bitcoin, to at least not fail/refuse to make a proper distinction when bringing up shitcoins as compared with bitcoin in any discussion.. whether talking about finances and/or using it as an analogy in the realm of nutrion and/or health.  .. therefore deduction of 1 smerit..   hahahahahahaha

2024-02-27 00:00:00   54534   57615   54500   57068   4197.17   238044743   56715.53
2024-02-28 00:00:00   57065   61389   56724   61110   2321.33   137532270.02   59247.31


Yeah.. yesterday crossed into the top 100  (64th place), and then today is still in progress, and today's number is right around 46th place, so far.. but we still have right around 8 more hours before the day closes (as far as I remember the days close midnight UTC)

Chicken lips.



Gross.








He is still active on the forum, but he avoids us - including but not limited to avoiding this thread.  He also does not talk about  his incident and/or the likely main reason for his claim to fame in the forum.


You might have lost as much, but I doubt that your situation was as epic as his, and if you would like to share some of your pain and torment "we" (perhaps royal?) are all ears.

Pray tell.. start from the beginning or from whichever part is pertinent to your story of likeness.


You deserve a bat slappening for that.

#just saying


Price never goes straight up, even when it is actually going straight up.

protip.. this is what winning feels like


Hopefully, for starters.. and the basics.. in the home and/or otherwise, you know the difference between bitcoin and shitcoins..

When ever an asset only has nominal gains and it does not have real gains, then they have not earned (or gained) anything in terms of the cost of living of things that they could purchased, but they did better than keeping their value in dollars.


He means that when it comes to bitcoin, he is a weak hand, and he does not have confidence in it as an investment that will continue to gravitate value into it.

Most likely he does not understand bitcoin very well, and sure if there is some time in which bitcoin seems that it is losing the strength of its investment thesis, then we could get out of it if we can see that in advance. 

if we believe that bitcoin has decently good chances of going to zero all of a sudden or suffering some other kind of sudden crash in value in which we would not be able to get out our value, then we should modify our position size to account for those kinds of possible scenarios.. .that does not mean all or nothing in bitcoin, but still people can choose their position size and some people will end up benefiting more from the ongoing wealth transfer from no-coiners to coiners than others... and your ability to be on the receiving side rather than the losing side may well have to do with your actually having some coin..  Your choice regarding how much of a position size you believe to be a valid trade off, even if you have doubts in the strength of bitcoin's long term investment thesis.


It is possible, with varying degrees that bitcoin could have a top anywhere between $57k and $2 million plus - of course with varying levels of probabilities for each of the price points, and surely the top of this cycle could help inform what might be the range of possibilities for the next cycle, and part of the benefits of any asymmetric bet is that if you do not leverage, then you are only going to lose, at most, 100% of what you had invested.  So it is your choice if you allocate 5% to 25% of your investment portfolio into it (which seems prudent) or some other amount, or not at all.. and then live with the consequences.. and yeah if you  don't invest now, then you can choose to invest later, if bitcoin is still around by that later time that you might reconsider the matter.


One of the positive aspects of a strong asymmetric bet is that you do not necessarily need to invest a lot in order to potentially benefit a lot, but I still think that a 5% of an allocation is on the low end of recommendable and anything up to 25% is reasonable for a beginner.  Of course, anyone can choose to go outside of that range to be more whimpy or to be more aggressive in terms of their chosen allocation.

I have my doubts.

Maybe when we get to $96k, we might get a 15-25% dump (which would take us down to somewhere between $72k and $81k, but I am not sure about 40% dumps until perhaps once we get to $128k, then maybe a 40% dump might be in the cards, which would take us down to around $77k.

Remember that you have been prognosticating 40% or higher dumps since $34k (when you first proclaimed that "we" were frothy because we had already done around a $9k price increase (from $25k to $34k)) - so sooner or later you are bound to be correct about some kind of a meaningful dumpening.  Remember that we did get a 21% dump from $49k to $38.5k, and surely that should have had made you happy.. yet I haver my doubts about whether that was enough for uie-pooie.. just like we have not seen dragonvlinux in these here parts in recent times, when he seemed to have had not been sufficiently/adequately happy with our dump to $38.5k and he was prognosticating lower $30ks, whatever that might have had meant.. maybe he sold too many too soon and then stubborn in terms of waiting it out.. and that really is not looking in the current cards which surely could reduce the size of a guys stack.. even relatively smart guys who happen to be too smart for themselves to be fucking around with trading the most pristine asset known to man, so far.. .. but hey.. sometimes these trader guys are going to end up being correct. .and yet yeah, a 21% dip wasn't enough..

Anyhoooo , I just get the sense that king daddy wants to punish some of the guys who failed refused to sufficiently/adequately prepare their lil selfies for UPpity.... and failing/refusing to respect the power of a badger..  and yeah maybe you are not completely one of those guys, but your ongoing proclamations of BIG downity candles that are supposedly in the works.. even when we are in the midst of no man's land (aka bat country) causes me to speculate that you might have not be sufficiently/adequately prepared for UPpity.. which can be problematic with such a pristine asset like dee cornz.. also known as honey badger.


Don't hold your breath.

It is probably better to buy some so that you are prepared for UP rather than preparing ur lil selfie for DOWNity that may or may not end up happening.

It is likely that we will have some kind of a meaningful/significant correction prior to breaching $100k, but it is not a condition precedent. .meaning that it is not a prerequisite that we get meaningful/significant correction prior to breaching $100k... and also getting above $100k does not mean that we will stay above it, but it also does not mean that we have to correct back below it... .. even though it would be quite surprising to NOT have a least a few runs past $100k and crossing over a few times prior to getting above it and staying above it and then maybe coming back to challenge it later down the road.. and none of those waves are guaranteed as to how much UP we necessarily need prior to a correction and how much buy support is able to keep up with UPwards price movements, if they are going to continue.


You cannot really know, but yeah, sometimes you will be negatively affected by having had decided to front-load, but you could still have a back-up plan that allows you to continue to buy, even if the BTC price moved against you... There are times that the BTC price goes up and it never corrects back down, and so guys who front-load at those points are well served, but they cannot always know how their BIG play would turn out.

Think about anyone who bought a decent amount of BTC in late 2020 (between $9k and $14k).. the BTC price had already recovered from a $3,850 bottom from March  so the price was in the 2x to 3x price territories above its then low, and if they front-loaded their investment, even though the BTC price was relatively high, they would have done quite well, even when the BTC price corrected back down to $15,479 in late 2022, those lower prices have so far never been revisited, and I surely am having doubts that anything below $25k is ever going to be experienced again... and opinions can differ and also time will tell if such lower prices will ever be revisited, and we cannot even be sure about where we are at right now.. so we should be attempting to prepare for either direction, but there still could be guys who have already front-loaded in the $38k to $45k prices, and there could be some guys considering currently about whether or not they should front-load at these prices, which may or may not end up working out positively for them,

and not everyone even has options to front load, because you usually have to have some level of extra money that goes beyond your regular DCA and maybe even some kind of a lump sum could be possible, and sometimes people will come up with ways to raise money in order to engage in front-loading, which may or may not involve leverage (and I surely don't recommend leverage in terms of basic techniques, but some guys will do those kinds of things and their actions may or may not end up paying off.. and usually it is better if you are going to exercise that kind of a technique is to have abilities to keep buying if the BTC price moves against them, meaning if it goes down rather than going up.

By the way, your mentioning of the BTC price going down to $20k and stay there is quite unrealistic, but it would not be as unrealistic to go down into the $30ks and stay there for a decent amount of time - but at the same time, we have so much damned ongoing buying pressure that it seems a bit problematic for those negative themes to play out, even though anything is possible. and maybe right now going into the lower $40ks is even starting to seem unrealistic, even though there could be some scenarios in which lower $40ks and even into the $30ks could play out.. but gosh it is seeming that the chances for less than $30k bitcoin is starting to seem quite fantastical except maybe either a flash crash or if there were some kind of real BIG surprise event (like a blackswan.. and yeah, blackswans do happen, even though they are not very common - or they shouldn't be).


Those kinds of cushions can make BTC HODLers feel real good, and if they are not selling, then that could either be described as paper wealth or even can cause the wealth effect.. to make people feel more wealthy than they are, merely because their investment (BTC in this case) is decently in profits.


Of course, we would like to lower our average cost per BTC, but I am not sure if it is a very good idea to get overly focused on that metric.

Usually when I think about front-loading, I usually try to consider the extent to which any of us is adequately prepared for UP.  So you front load in order to prepare for UP and to prepare for the possibility that you might not be able to get BTC prices at these prices in the future.  How much you front load is another story.

When you are talking about various points that you would want to buy on the dip, I don't consider that front loading, even though you could be saving large amounts for that, but you are instead structuring yourself and/or holding back some of your money in order to buy on the dip, if such a dip happens, and so a risk is that such a dip does not happen, so in that case, you have to be ready to live with the price going up rather than down and the dip that you had been waiting for does not happen, so you are unable to use those funds that you made available for buying on the dip.

In the end, you can call the money whatever you like, even though I consider front loading money that you have right now. and you are considering buying right now to prepare for up.. .and yeah, you might have done that in the past, but once you had done it, then your subsequent buying behaviors and plan might get somewhat structured around actions that you had already taken.. which might cause you to be less anxious if the BTC price moves in your favor and causes you to be more anxious if the BTC price goes down rather than up.

So yeah, you are always going to have those three categories of funds of DCA, buying on dips  and front loading.. and front loading will only come available if you have extra money come available. .otherwise you are just allocating to DCA and buying on dips...and yeah, if you choose large DCA or small DCA then that is going to result in your having had prepared more in one direction or the other.. lower DCA then you are preparing for dips and larger DCA then you are frontloading.

Yes.. you might be getting to be like Kermit.





Apparently, this here train is the Z 57000



https://www.google.com/imgres?imgurl=https%3A%2F%2Fcdn2.picryl.com%2Fphoto%2F2019%2F08%2F03%2Ftrain-z-57000-transilien-r-gare-montargis-3-107ac2-1024.jpg&tbnid=uMcoH5-6Y9NtsM&vet=12ahUKEwip7euHvsyEAxWhA2IAHcSKCQYQMygBegQIARBT..i&imgrefurl=https%3A%2F%2Fpicryl.com%2Fmedia%2Ftrain-z-57000-transilien-r-gare-montargis-3-107ac2&docid=46tFjd80i93zzM&w=1024&h=683&q=train%20with%2057%2C000&ved=2ahUKEwip7euHvsyEAxWhA2IAHcSKCQYQMygBegQIARBT


Be careful about selling too many too soon Room101

If you have over accumulated, then no problem, otherwise, you might consider if you might want to manage how many coins you sell, and sure I am not against selling some of them, but I am against selling too many too soon and considering that the value of BTC is merely that you can get more fiat for them..

In other words, a lot of us have not spent time accumulating in BTC in order to convert all of them into lesser investments and/or consumption goods.


Sorry for your loss.

Waiting for down might not be a good place to be at this point, especially when we are in no man's land.

Am I saying that down cannot happen?  

No.

But counting on down seems a wee bit problematic while we are in bat country.

#justsaying

Yep.. it is quite likely that any of us who are still alive and a living organism will likely get stronger and be able to do more and more, as long as we do not injure ourselves and/or if we don't have other health conditions that cause us to not be able to exert ourselves in certain kinds of ways.. .. but I think that even a very frail person should be able to so the modified push up such as leaning against a wall or something like that, and maybe they can only do 5-10 in the beginning.. but they can work their way up.

I was really surprised by my own ability to get into this because it really hurts for me and I am still having a quite a few pains after 23 days of doing these push ups, but it is way better than the beginning, including that it took me 5 days to get up to 100 push ups in a day and then it took me 11 days before I was averaging 100 pushups per day.. and then now on day 23, I have done about half my push-ups for the day, and my average is right around 111 pushups per day. .so the total is 2,560 for the whole  period, since I started.

There are several parts of my body that hurt less than previously, and mostly I feel stronger and even able to do some other kinds of exercises that I was not able to do in a long time... .. but at the same time, sometimes we might not know why one day is better than another, and there was one day that I drank a homemade smoothie with mostly nutritious ingredients, and it was about 2 hours prior to my exercise session, yet it really seemed to have had fucked up my energy level during that exercise session, and I decided that I was not going to do that again... and so sometimes we might not know for sure why we are feeling lack of energy and even excess pain, but we may well be able to work through it as long as we do not end up injuring ourselves.


Weight loss can take a real long time to achieve, but I suppose it depends on where you are at and which parts of your life you are able to change. .Of course what you eat, how much and when can make differences, and then how well you are sleeping and exercise.. and so exercise would likely not cause changes on its own, even though there are plenty of studies that show that building muscle mass does tend to contribute to our abilities to process foods more effectively, including helping with insulin resistance. which is a common problem for people who are getting older and/or who are gaining weight.


That is very true.  There can be a lot of lingering pain from exercise, especially when we had not been doing it very regularly.. .. so we have to pace ourselves because we do not want to get discouraged due to feelings of excessive pain.. so we have to be able to distinguish between good pain and bad pain in order that we continue to make progress without overdoing it.

Protip:  Never go full BTC.

You need to figure out a proper allocation and then perhaps attempt to focus, learn about it and manage it, especially while we are in a kind of transition stage between fiat and bitcoin, and even though the wealth is likely going to transfer from the no coiners to the coiners, even the coiners can end up fucking up if they are too greedy and they don't figure out how to reasonably balance^** their own transition, whether we are talking about countries, institutions and/or individuals.

**Note: I am not even suggesting that there is any need to allocate any of your value to shitcoins, and if you cannot resist gambling then at least don't allocate anyh more than 10% of the size of your bitcoin holdings to shitcoins.. including don't be cheating either by losing your money to shitcoins and then reallocating.. be careful with thoughts that there is any need to get involved in shitcoin, beyond maybe just small portions of your BTC, for maybe just transactional purposes or some other limited kinds of ways.

Fuck crypto..

We are talking about bitcoin in this thread.

Hopefully you know the difference, but the fact that you used that word seems to establish that you don't... .. so hopefully you can spend some time learning about what bitcoin is so that you know how to properly speak.   

In the context of bitcoin, it is designed to pump forever.

So if you are anticipating an end date to bitcoins pumping, growth and even ongoing building of its network effects, then you probably do not understand bitcoin very well. 

If you think about network effects in light of Trace Mayer's outline of the topic, its a way to talk about adoption in terms of various angles of growth but also that network effects build upon each other and as the network effects grow, the asset becomes more and more valuable.

There should hardly be any expectation that bitcoin is going to even be close to mature in a couple more cycles, even though maybe we could speculate that it could take 50-200 years.. .. and yeah, there could be sparks that cause bitcoin to be adopted more suddenly in gradually and then suddenly kinds of scenarios, but it is also difficult to really figure out how the various legs of the journey will play out since there are knowns, known unknowns, unknowns and unknown unknowns.. and sometimes when the unknowns become more known or knowable, then at least better prognostications can be built from those points forward... but it is not like the process of growth ever ends, including something like a protocol layer kind of a system, like bitcoin that also allows for both the programing and the transfer of value (in a digital form) without permission.


That is bullshit.

We are either in a bull or a bear.. we are not in both, and yeah we might not know which one we are in and also we might have large corrections while we are in a bull market, but that does not take us out of the bull market.. and so sometimes we might not realize that we are no longer in a bull market or a bear market until much later.. . .and then it can be difficult to determine when we have transitioned from one to the other.. . but don't be throwing around the terms too loosely, otherwise you overly create confusion.

For example, we were in a bull run from about early 2019 until late 2021, but we did  not realize that we were in a bull market until about May 2019.. and including that some people might have gotten confused about whether we continued to be in a bull market in late 2019 and even in early 2020.. but they were likely sloppy in their language if they are calling that we went from a bull  to a bear to a bull to a bear and then back to a bull, when largely we were in a bull market the whole time..

From about early 2022 to mid-2022 we were in a bear market, but we might not have had realized it until about May 2022..

From about early 2023 we have been in a bull market, and some folks might have gotten more confident that we were in a bull market as of mid-2023, but it probably was not clear until around November 2023-ish..

When will be the next bear market?  who the fuck knows, but I would presume that we are in a bull market  and that we are likely going to continue to have various corrections along the way.. but those corrections are likely not going to take us out of the bull market, and this bull market could last one more year or it could last two more years... so we might not know or realize that we are out of the bull market until several months after the peak, and we also are likely not going to know the peak either, even though people do play those kinds of games, which may or may not be good for either your psychology or your actual ability to mostly hold onto your BTC.. depending on where you are at in your BTC accumulation journey and if you have enough BTC or if you might have too much BTC. which surely gives you more options if you have too many BTC.. and some folks believe that you can never have too many BTC, such as Michael Saylor.. hahahahahaha.. he is a bit of a psycho, but there are  others who think similar to him, and it is not completely crazy to have such thoughts about how to manage your BTC once you get to a point of relatively large levels of accumulation.

If we go by your January 2022 forum registration date Dunamisx, as a potential proxy for when you might have gotten into BTC,  sure it is possible that you could be at a state of overaccumulation, but difficult to automatically expect something like that, but two years it is possible.  In my own bitcoin history, I had felt that I had gotten to a point of overaccumulation in a bit less than 2 years... I am not like Saylor in terms of seemingly maniac focus on BTC accumulation (that might might make sense for his situation, including his business objectives), even though I agree with him about a large number of perspectives about bitcoin in relation to other assets.


I am not sure if that makes sense. 

Yeah there are some guys who say that bitcoin has been in a bull run since its beginning, which also seems to miss the obvious 4 year cycles which largely end up being 3 up and 1 down for the last 4 cycles..

I surely am not suggesting that past patterns are inevitably going to repeat, but there is some value in terms of looking at trends that might last 1-2 years or more.. .and don't get too caught up in shorter periods and also don't get too detached by too long of a period.. .. so there seems to be some value in terms of both living with bitcoin and attempting to interact with it... even if some folks might have different portions of their BTC stash that they treat differently.. and some portions might be long term storage, other medium term storage and other portions might be used for trading and/or spending.. and the more BTC that you have, the more flexibility that you have in terms of both defining your stashes and also managing your various kinds of BTC stashes with some amount of flexibility and optionality providing.
 

That's true.  BTC's volatility is one of its attributes that is most likely inevitable for at least another 20 years, and perhaps for 50 years or more. 

Some people like to attempt to consider BTC as becoming more stable and mature and blah blah blah, which sure it is moving in that direction, even though in its current state bitcoin is neither mature nor stable... so we should not be getting lulled into bullshit and inaccurate frameworks that try to describe bitcoin in ways that it is not.


There is some truth in what you are saying, especially for anyone who is either early in their BTC accumulation journey and maybe anyone who might have been dollar cost averaging.. even over less than 5 years.. especially if their DCA amounts might not have had been large (even if they have been consistently attempting to be as aggressive as they can be within their own financial abilities).  It can take a while to get enough BTC, and if you do not have enough, you likely are not in a position to really play any other tactic other than just ongoing buying... .. yet at the same when the BTC price is going up people get nervous about their ongoing buying, even if they have already concluded that they don't have enough and they have concluded that they are not sufficiently prepared for UP from here.


Actually as long as anyone has been consistently buying BTC, it would not matter what price he started at, even if they started at either of the 2021 tops. he is going to be in profits, unless he front-loaded too much at the top and then did not buy enough to bring down his average cost per BTC in the last 2-3 years.


That is called front running.. and nothing wrong with that.. even though you still have to be prepared for the possibility that the BTC price could end up moving against you.  We never know with these kinds of things, even though it does seem that there is a lot of evidence that there continues to be a lot of UPwards pressures on BTC prices that is likely to last for several months and maybe even through this whole year.. .. but at the same time.. we cannot always know.. so we just do our best to prepare for anything while realizing that the ONLY way to prepare for UP is to make sure that we have as many BTC as we are able to have.. .. but if we are not planning on selling for 4-10 years or more, there may or may not be any advantages in overly stressing our finances in order to acquire such BTC and/or to attempt to front run anticipated BTC price moves.


There surely is some truth in that... but we also have to be careful in terms of overly relying on patterns of past BTC price movements.


You are missing the expression, which is the best time to buy was yesterday, and the second best time is today..

but yeah, many guys actively participating in this thread likely already realize the value of getting the fuck started rather than waiting around.. and sometimes it can be more difficult for those who are just coming into bitcoin to get started and there can be worries when buying while the price is going up.. but there is still a dilemma.. because the price may or may not come back down.. none of us really know, so each of us has to figure out for ourselves in regards to how wee want to deploy our cash and whether we want to hold back with some of it.. which tends to be a bit easier the longer that we have been in.. so it is likely to be easier for the guy who had been buying the last 6-12 months as compared to the guy who just started buying in the last month or 2 as compared to the guy who is just setting up an account today who might not have had made any purchases, yet.


You seem to be bordering on trying to describe trading rather than long term investing.

Yeah, sure it is better to be able to buy as much BTC as you can, and it is better to be able to buy BTC at a lower price, yet in the long run, the long term investor might not need to be thinking about whether he has 30% or 70% profits, because it could well end up being the case that he is waiting for a longer period, and whether his holdings are profitable (and meeting fuck you status, for example) due to appreciation of the asset or due to ongoing aggressive investing, the person may largely just be aiming at increasing all of his investments until he reaches a state in which he has more options and is able to start to potentially live off his assets and to say goodbye to having to do certain kinds of work that he would prefer not to do.. but to have options can take years and years and years, rather than being concerned about short term profitability of his BTC holdings.

Don't get me wrong.  It surely feels good to be in profits, and so some of us might spend a lot of time with our BTC not being in profits and then little by little the increase in value and become more and more in profits, but there also may be times in which they fluctuate between being in profits and not being in profits, but if we are not selling in the short-to-medium term, then we can either just continue to accumulate BTC or maybe even transition into a point in which we are not placing as much emphasis on BTC accumulation because we have assessed our situation and concluded that we largely have either enough BTC or more than enough BTC.


That is what shitcoiners say all the time, and they end up broke because many times they end up gambling rather than investing, even if they might think that they are investing, but they have such superficial understanding what they are investing into and maybe they do not have too many clues regarding what is the meaning or risk and how do you either assess it and/or establish sound practices in order to mitigate many aspects of the risk.. whether that is figuring out position size, or what to invest into  or how to manage personal finances (including but not limited to planning for income and expenses - as well as establishing emergency funds, reserves and/or a float)...

Anything is possible, but it would be problematic to have such expectations, and yeah having a 60% rise in price in less than a week would not be out of the question, even though it seems a bit problematic because those kinds of price rises usually ramp up, rather than just shooting up out of the blue...

but at the same time, there are a lot of weird things going on with BTC supply, so there could be a bit of forcing of the price to go up merely to incentivize more coins to come available to meet demand..

I suppose that it does not hurt to be prepared financially and psychologically for such a quick price rise in a very short time, but I would not count on it, since it seems to have pretty low probabilities of happening, maybe even less than 15% (I hate to put a number on it), and surely there are a lot of folks who might consider the odds to be even lower.. so I might not know waht the fuck  I am talking about since I am kind of just making up a number.. and even though we are currently in no man's land and even though $82k-ish is the top of no-man's land, I get nervous just giving very high odds that we would just buzz through no man's land in a matter of 5-6-ish days.

By the way, there could be some BIG players out there who are willing to push the BTC price up, past the current ATH and into $80k+ just for funzies.. and also because carrying out such a thing could end up creating a bit of it's own momentum and they might not even need that much extra capital in order to achieve it.... so those kinds of dynamics can make any of us nervous, even if we already hold plenty of cornz and will likely benefit from rich peeps pumping our bags.


Go back to HODL sleep!!!!!!!!

 








We (not royal) got this.



#nohomo
 


You either need a new computer.. or glasses.. or perhaps a proper website reference.

$57,055..

Read it and weep  (like 4.5 hours ago.. Old news.. been there done that).



https://bitcoinwisdom.io/markets/bitstamp/btcusd

I am glad that you are still alive and kicking.

Some of us, including but not limited to yours truly, were getting worried about you...

but yeah, too bad that you are not able to do the daily updates or whatever they might end up being.. .. and hopefully we can get someone, if not dooglus, with the skills and willingness to do it.

Frequently, I try to make it clear that I am not an advocate for selling of BTC for anyone who still considers themselves in their accumulation phase of bitcoin, so even though I talk quite a bit about various selling techniques, most of my techniques presume a status of over accumulation. .whether it is in my investment ideas thread or in my sustainable withdrawal thread.

Of course, everyone is responsible for his own techniques, and surely it becomes problematic for guys who might sell and expect to buy back at lower prices, so most of my techniques that include BTC selling involve presumptions that you will never be able to buy back... so if you cannot overcome that presumption and to be willing to live with not being able to buy back the coins that you sell, then you are likely not ready for selling any of them. .and just keep  buying until you get to such a level and you are able to work out some kind of a BTC selling technique that makes sense for you and your situation.

Another important point from my perspective, is that I employ incrementalism, so even if I might start selling BTC, I am never selling large amounts, and if you have over accumulated you could sell up to 10% every time the price doubles, but you might not start any selling until you are at least in profits 100% or more.... unless you are way over accumulated, then you would have more flexibility, but still I tend to stick to formulas in which I would never run out of BTC, even if continuing to sell at various points on the way up.. and I also am not trying to predict the price, so the price comes to points that I have already chosen, whether it is selling or attempting to buy back and if the price does not go to those points then I end up just waiting it out..


Another approach is to invest a smaller amount.

So if you had been investing $100 per week, then maybe you should just invest $10 per week in order that you can sustain your investing at a level in which you are not going to be tempted to dip into the investment...

But yeah, you may well have a personality problem and lack of discipline.. so you have to teach yourself that if your investing for the long term, such as 4-10 years or longer, then you should not be fucking around with it.

So pick an amount that you can stick with and maybe you have to just start out with $10 per week and maybe you can increase it at various points down the road, and then maybe 10 years after you start then you can consider if you might want to start to sell some of it... but it might not even be necessary to consider selling at all if you are able to figure out a way to buy without being tempted to sell.

It can take years and years to really build up an investment portfolio, and even those people who invest up to 10% of their salary will take 10 years to get to 1 years worth of salary invested.. so if you are not even investing 10% it is going to take you a long time, and probably people have to try to work up to being able to invest 10% or more, especially if they ever want to get to fuck you status, which tends to be in the ballpark of 20-30 years worth of salary invested/saved, and many times there will be a reliance upon appreciation of your investment rather than strict saving/investing, even though people who really aggressively invest, like in the ballpark of 30% to 50% of their salary, they will be able to make progress a lot faster than those who are way more whimpy in their investing/savings,

and surely you have to have your shit together if you are investing 30% to 50% of your salary, so most people should shoot to sustain something like 10% prior to adjusting upwards and making sure that they have an emergency fund, reserves and a float, which it can take a while to build up those things too.. you cannot be aggressive with your investment if you are not organized, otherwise you are either gambling and/or you are going to be weak-handed if you are not sufficiently organized in your own personal financial management.


You are not completely wrong in your focusing on BTC accumulation; however, your suggestion not to plan is a kind of failure.

One of the ways to deal with extremely high volatility is to have a plan, whether it is to sell some BTC on the way up or to just continue to accumulate or to just change your accumulation plan... those are all kinds of plans, so your actual plan to just continue to accumulate is a kind of plan that does not involve selling in this particular cycle.. and there is no problem with that.. especially since it can take 30-40 years in traditional markets to reach something like fuck you status, and if you are able to invest into bitcoin in a way that you might be able to cut that down in half and maybe it ONLY ends up taking you 15-20 years to get to fuck you status, and that could be a goal..

keep accumulating BTC until you reach fuck you status.. and don't lose your coins.. those are all plans... yet they are plans that involve not selling any of your BTC until you reach a certain higher level of BTC accumulation and then you can plan at that point whether you want to create any other kind of a plan that might not be ONLY about BTC accumulation because at some point you might determine that you have accumulated enough BTC, and even more than enough BTC in terms of your own personal circumstances.


Yeah.. wisdom of the crowds.  Have fun staying poor.

Sometimes it is better not to follow the wisdom of the crowds unless you want to have mediocre results.. .especially when it comes to something like bitcoin.

One of the advantages of bitcoin and any of us who have been studying the space for a while is that we have asymmetric information.. in other words superior information, and so it seems to take a while for public knowledge to catch up and part of the reason that some of the long term BTC holders have profited so greatly, even if they did not know any specifics about BTC's price direction, they were still directionally right by choosing to accumulate bitcoin and to error on the side of accumulation and holding rather than selling.


It is dangerous to lock yourself into such strictness in your thinking, but there should be no problems trying to anticipate some price waves as long as you don't try to trade on that information and end up selling too much too soon..

Yep.. I had to go look at that again...

It was right around 26 minutes between $55k breaking and $57k breaking.. so yeah.. that escalated quickly.. and some of the possible ETF buyers will likely get irritated if they were not able to buy and then the price rise happens after hours.

Another thing, looking at the whole day, there was around 11 hours between $52k breaking and $57k breaking, so that is also a decent performance in a quick timeline of less than half a day....

and we can call it a "so far" since there is no real way to determine if Uppity is over or not..

I am not going to say whether I know if we have broken into no man's land too quickly - because surely there is a need to attempt to hedge wannabe sorcerer bets in either direction, even when we likely realize that getting within 20%-ish of the ATH in either direction has historically tended to have problems with lack of stickiness... is this time different? who is going to say.  Not this here cat..

I will say after it happens, and then it will be something like this:  "I told you^* so."  "You should have prepared ur lil selfie a wee bit MOAR better."          

*I am not referring to any "you" in particular.


You are probably correct.

Soon^tm, $1k is going to become the new $100.

Just like $100 became the new $10.

And so forth and so forth.


Whoaza!!!!!  He is looking pretty dumb there. 

 


It is still hard to say though, because we all have various assets and various ways that we used our money and gosh are we going to do an accounting exactly.. I hate to suggest that my cushy situation might have come from a June 2023 fat thumb.. and that might have been a kind of incident to put things over the edge.  I am kind of happy that my stash will not match my December 2021/January 2022 level until the price reaches around $120k.... that seems to make a lot of strength.. kind of lucky strength..

I don't otherwise agree with you that there is a necessity to maintain or to increase your BTC stash with the passage of time.. especially if anyone may well be out of their accumulation stage, and within their maintenance stage they may well have a lot of discretion regarding if they want their wealth to grow or not or to keep up with inflation, or maybe even to start to gravitate towards BTC liquidation... so there really is nothing wrong with that, including that valuation of BTC is like 6x greater than what it was 4 years ago.. (using the meaningless 200-WMA metric).. so if someone had reached fuck you status and maybe transitioned into a maintenance stage of his life, he could potentially have 6x less BTC (meaning 1/6th the earlier stash) but still the same dollar value.. or if he wants to account for inflation (or the debasement of the dollar) he can do that too and maybe instead of having 1/6th his earlier stash he only has 1/4th his earlier stash.

Just because you seem to be considering yourself to be in accumulation and./or wealth building stages, you should not be judging others for the possibility that they might not be in the same stage of their bitcoin journey as you.

I get the sense that sirazimuth might not be in any kind of strict BTC accumulation stages and he also may be inclined to liquidate decent amounts of his stash from time to time, while his wealth is largely continuing to grow, even though his BTC stash may well be getting smaller with the passage of time and with the discretionary choices to shave off some cornz here and there along the way.

Party poop.


Adam Back said $100k before the halvening.

He is not looking so dumb, now.

By the way, I was going to say something in one of my other posts about this supposed abnormal event if we were to have an ATH prior to the halvening, but I forgot...

I am thinking that it is not so abnormal to be visiting these prices again, if you think about the extent to which we had a whimpy blow off top last time around, and we had a lot of beating up of the BTC price in the last two years, and especially for the period of about mid-2022 to late 2023.. .. so in that regard, we spent a lot of time in historical abnormally low levels, and so if we make up for those historically abnormal levels in the other direction, that does not seem so weird, and making up for it kind of goes together and potentially attempts to put bitcoin back to where it should have had been in terms of its ongoing natural growth and maybe even might bring it back to a more fair price (rather than being overly suppressed)..

and yes, that's just a theory, because we cannot really know how much the price of dee cornz might have had been overly suppressed between mid-2022 and late 2023.. including that some matters had to get sorted out, too.. . and who knows of the various kinds of worlds that might have had been if some of the seeming froth and bad actors had not been weeded out.. and I am not even suggesting that all of the bad actors have all been weeded out or that the new potentially bad actors are going to be any better than the earlier ones. they just likely do their bad acting in different kinds of ways that may or may not end up being corn-compatible.

You have to go with your own senses, if you are "ready to exit."  No one can really tell you, and you have to figure out if you want dollar profits in the short term.. and then what is that going to get you?  Yeah, you really  seem to want to buy back cheaper.. but is that going to happen, and is it worth it to give up your BTC for the possibility of buying back cheaper that might not happen.

No one can tell you this. . You have to figure it out on your own... because if the price drops and you did not sell then you will be blaming others for telling you to not be selling.


Of course, I have largely already responded to most of this.

You might realize that my own strategies does not rely on identifying exit points, and largely what I do is sell small amounts without any expectation of buying back, so in order to do that, you need to have enough BTC and perhaps more than enough BTC so that you are not bothered selling any of it.  My raking approach to BTC selling presumes over accumulation of BTC.. and so it does not presume any ability to buy back, even though you could still assign a probability that you might be able to buy back, but from my perspective, the safer underlying assumption is to presume that you are not going to be able to buy back, so then you end up not selling as much and you might choose not to sell any until the price reaches a point in which you might be willing  to shave somme off.. yet that still has to do with your having had accumulated enough (and perhaps too much).


Exactly.. neither the sustainable withdrawal strategy or the raking strategy seem to apply to you, even though you can tweak them in ways to try to use some of their parameters, but I surely am not suggesting them for accumulating BTC, even though they can be used that way as long as you have enough or more than enough.. . .

so you could actually purposefully over prepare for up in order that you are willing to sell at various points on the way up because you overly stocked up on BTC, yet whenever you overly stock up you have to prepare for the price to go down, too.. so you have to be careful that even if you overly stock up, you are not putting yourself into jeopardy in the event that the BTC price either does not go up or the opposite in which it ends up going down and you are not able to sell any at your various price points along the way up.


Of course the other part that you need to do is to make sure that you have a solid enough emergency fund, reserves and a float... otherwise you are gambling.  I don't recommend gambling and most of the time trading is gambling, especially if you have not spent enough time building your BTC holdings.  

So my recommendation is to keep building your BTC by buying BTC.. sure you can lump sum, DCA and buy on dips.. but you also have to make sure that you have enough of an emergency fund and reserves, and the more solid your emergency fund and reserves, then the more aggressive that you are going to be in your BTC accumulation.. so a lot of people don't even save/invest 10% of their salary, but if you are able to establish really solid foundations, then you might be able to invest 30% to 50% of your salary until you get to a stronger position..

And if you tell me that your country sucks and your location sucks and you cannot earn income and the only way to earn income is by trading, then sure no problem, you could be learning trading skills, but still does not seem to be very smart to be trading bitcoin, but you might be able to find various kinds of ways to trade, make money and to stack additional bitcoin, especially if you believe that you can make more money trading than from a regular job.. but if you are just deluding yourself, you might be better to improve your regular job rather than fucking around with trading if you don't really know what you are doing because trading can be quite problematic if you are not sure about how to identify good trades beyond just following influencers or some other problematic ways of figuring it out..

Anyhow, I am not recommending trading even though there could be some guys who are able to make more money through trading than they can in their country.. and they might be able to stack more bitcoin that way.. perhaps? perhaps?  you still have to feed and house yourself and other expenses that you likely have.


-because you are omniscient.

Perhaps? asking for a friend


Your post reminded me to go back.

I was actually trying to find some kind of record in which the BTC price was closest to today, so I had seen something that was December 31, 2021 or may as well call it January 1, 2022... so then these kinds of comparisons can be helpful in terms of figuring out the comparisons.. and I have done that previously, but sometimes the old records are not adequate in terms of when I might have had saved some documents to show a comparison.

After I made that last post, I also looked at my projected BTC sales, so even though right now it appears that I am with about 1.5% more BTC, I can look at my charts and if the BTC price shot up without any corrections and/or abilities to buy back, it looks like my BTC balance would be the same as it was on January 1, 2022 at the time that the BTC price were to hit $120k.

In other words, I am projected to sell about 1.5% of my current BTC stash between current prices and $120k, as long as the BTC price does not correct, and I consider that it is good for us to consider those kinds of possibilities, because sometimes in bitcoinlandia, we have experienced times that the BTC price goes up and it really does not correct very much.

We could even see that happen from around mid October to present, and probably we could even go all the way to the local bottom of $24,920 on September 10, 2023.  There have not been very many great corrections.

Even this whole cycle, from the $15,479 bottom in November 2022, there have ONLY been a few corrections that would have had been greater than 15%.. so that largely means selling all the way up and needing to be prepared for the situation that we might not be able to buy back.. so any sales that we make should take that into account.


Good point.

And that was your namesake post with 993 posts and 993 activity.

I am thinking that might end up happening, and they might try to hide it by spreading it out, but if there are ONLY so many cornze to go around, what do they think is going to happen?


But what does "irrevocable" mean?

you mean when it gets to supra $1 million, but it does not correct back down again?

That 2030 could be, but that seems a bit too bullish.

My entry-level fuck you status chart shows $1million as the bottom in about mid-2043, and sure I admit that my chart might be too conservative, but 13 years too conservative?  That's why I think that we might be toying around with $1 million and probably higher in 2030, but I have my doubts about it being the bottom by that time.. that would be overly-bullish.. and sure it could happen, but seems like a long shot..


Wow.  You sound like a real weak hand wannabe.

Even though you screwed up, you should just start to DCA and forget about it for 4-6 years or maybe even DCA for 10 years and then reconsider the matter. 

But yeah, maybe you are just putting in too much, and you feel like you cannot afford to lose anything, so you might have to reduce your amount.

I tend to recommend $100 per week, but for you I will recommend $10 per week, even though I don't know anything about your finances... .. but you gotta find an amount that it does not bother you.. and for many people in the west, they can do $100 per week.. .

Anyhow, if you had invested $10 per week in the last 2 years, then you would have invested a total of $1,050 and you would have had accumulated right around 0.04561 BTC (worth around $2,488.71), and yeah it is not a killer amount, yet we can imagine 10x that amount if we were to have had invested $100 per week... but anyhow, you don't seem to have enough will power to invest higher amounts, so just stick with the lower amounts and invest the next 10 years or so, and reassess along the way if you can increase your DCA amount, and don't even think about selling for the next 10 years, and in 10 years, you may well have invested a decent amount. and perhaps you might get some appreciation of value and more options, and if you don't get more options, then you have not gone wrong with $10 per week in order to find out if you might have more options down the road... .

And if you end up doing it for 10 years, then maybe you can continue to do it, and you might even realize that you should increase the amount so that you are able to profit more and to NOT be fucking around with selling before you get enough of the cornz to actually make a difference..

but hey whatever, I am not making this post just for you, since you seem to be a bit of a lost cause in terms of being so anxious to sell the asset that is amongst the best (if not the best) asset ever known to man..

You can look at today's numbers and see that we are not quite there, yet..   

2024-02-26 00:00:00   51738   54969   50909   54648   2558.45   135409736.06   52926.55

So if we see the $52,926.55, we still have about $2,448 to go.. for the average daily trade volume..