At JJG BTW I have 4x BTC compared to the iBonds. I am fine with that.
You still put your yearly max into it $10k per person or whatever it was (is) into Ibonds, and worse yet, you were pumping that bullshit here... as if bitcoiners (newbies or otherwise) needed to have exposure a kind of dollar with "assured yield" - in spite of the bullshit that we knew about
1) the ongoing dollar printing,
2) the likely desperate status of the USA government/treasuries to lure more money into their shit products and
3) the fact that the BTC prices was then 15% to 35% below the 200-week moving depending at which points during those several months that you were pumping such bad advices for dollar exposure and dollar yields.
Another thing regarding your own personal feelings of need to have liquidity in dollars and stability likely due to your age, perhaps because you are already getting BTC income (regular cashflows) and also perhaps due to several of your earlier mistakes from 2012 to 2022 (and maybe even ongoing mistakes that are quite difficult to enumerate? hahahahahaha) in terms your own failures to make emotionally neutral (rather than nostradamus wannabe) allocations to bitcoin, you may have contributed to some of your own desires to have higher exposures to the dollar than what would likely have had been a good balance for the vast majority of younger people who do not have similar situations as you and who likely need to be making sure that they are allocating value to (and getting a stake in / exposure to) bitcoin rather than questionable tricky (locked in) dollar yielding products..
...and some people/normies/newbies do not have a lot of extra discretionary value to be able to invest into bitcoin and so if they end up putting $10k into crappy dollar products for the year, then they end up diluting their bitcoin investment/allocation right when they probably should have had been attempting to be aggressive towards bitcoin.. or if not aggressive, at least not whimpy in terms of their bitcoin allocation and getting/maintaining and/or not losing a stake in bitcoin.
I am not really wanting to suggest that it is good for newbies to necessarily bounce around between being aggressive, neutral and whimpy in terms of their approach to bitcoin.. because DCA tends to be a better strategy for many normie newbies (and you don't even need to be a normie newbie), and then the longer that s/he is into bitcoin, s/he can tailor his/her level of aggressiveness (or whimpiness) in accordance to his/her own personal particulars that may well not necessarily be very much tied to trying to figure out which way the BTC price might go in the short term but to attempt to be prepared for various BTC price directions that may well include supplementing the more beginner DCA strategies with buying on dips (rather than dumb shit like selling BTC when the BTC price had already corrected a lot (which seemed to have been what you did Philip and what you were recommending others to do) and is significantly below the 200-week moving average and expecting to buy BTC back cheaper.. which may or may not end up happening when the BTC price had already been quite low).
If I have 3 coins stacking
a mining farm
Some silver stacking
A home
a 401k
with 3 pensions which My wife and I do we are diversified not a big issue.
To talk about it not a big deal
To mention it on this thread not a big deal.
If I could I would sell the 3 pensions as they are all fed gov and I no longer trust the fed gov. but USA fed pensions are not allowed to sell.
Yes.. those pensions show that you are already overly-weighted into products that are dependent (if not overly dependent) upon the dollar... and for sure, I am not necessarily telling you to make any changes
you old fart.
But making recommendations for others to get or become dollar dependent merely because you are and you are inclined to continue to pump bullshit dollar products such as the IBond, when you are already considerably dollar dependent in your own personal situation, seems a bit strange, but whatever, you have to make your own balances for yourself, even though it does not make any sense to be suggesting that others put themselves into a similar kind of dollar dependency as you seem to be enjoying (or suffering through).. even though sure, maybe you do own some bitcoin too... and maybe your allocations in bitcoin are enough for your own situation? perhaps? perhaps?
These kinds of allocation questions or even reallocation or tweaking questions are not easy questions for anyone to figure out various points that they might want to shift around their allocations, or even to attempt to start to weigh their allocations more in one direction or another, and even if you have various incomes, some of those incomes can be going into bitcoin or staying in bitcoin rather than staying into dollar related products. .and it is never really easy to figure out how much to let winners ride, to make lump sum changes, or to make incremental changes, even though personally I tend to weigh towards incrementalism that could take a while to rebalance depending on how much I am wanting to rebalance and in which direction..
..and surely it seems that if you do not have enough bitcoin, then you would DCA, as you seem to say that you are doing on a regular basis (whether it is enough bitcoin for you, that is for you to determine).. and buying on dips is also a good thing, and that seems to be the part that you are wanting to gloss over that you had been selling on dips rather than buying on dips, even though you can call them gambling plays that you were making in mid-to-late 2022 whatever you like.
In 2021, and even early 2022, you had been all hot and bothered about how wonderful BTC was and you were buying like a mad man (or at least saying that you were buying between $30k and $50k), but then when the BTC price dropped below $20k, then you said that you were selling BTC in order to buy back cheaper.. so whatever, it is great that you have your ways of dealing with matters, but still seem to be quite far off from what would have had been better practices, which would have been to either keep buying BTC when the price went down or to just hold off buying BTC if you were running out of cash and wait and buy BTC upon further dips, if you were to have (or come across) any cash left to buy during those then dippening times.
In the end, some of us make various mistakes, and probably I am on your case more because you share ideas that sometimes spout out too much nonsense that links bitcoin to macrofactors or some other somewhat lame theories, so sure share them all that you like.. .and you are going to get back lash if it seems that you are pumping shitcoins and bad ideas, and I am not at any kind of point to claim that you are a troll or that you are being disingenuine.. but we can never completely know on the internet.. .
. and even though from my perspective, you pump a decent number of shitty ideas and shitcoins from time to time, you do tend to provide a decent amount of seemingly good world experience information too, so it is hard to proclaim that you don't personally believe some of the nonsense that you spout, and it is also within the realm of believability since I do sometimes come across people in the real world that have some of that same level of not so great ideas.. so maybe we can sort some of these matters out in this thread and in these here parts.. . to the extent that you are even making any sense for someone who has been in bitcoin for around 12 years by your own admission, and I am a kind of newbie, and barely coming upon a decade with dee cornz myself... but many of us have other world experiences too.. that we might bring to the table that help to shed light on some of the financial management decisions that any of us might make, including considering how bitcoin might fit within our own lives and/or how much our own circumstances might be relatable to others who read and participate in this thread..at least in terms of bitcoin accumulation, then maintenance and then liquidation and sometimes some combinations that might relate to how we believe the price/walls to be moving.
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