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The way I see it is that with lower Bitcorn unit prices it will be easier to accumulate Bitcorns, since the same quantities will push smaller volumes.
My current goal is maximizing my Bitcorn holdings with no regard for USD valuations.
Ok. The goal of accumulating bitcoin still likely subliminally accounts for dollar value, and assumes that dollar value will be increasing with time.
Sure, there may be some point in time that either we measure bitcoin's in bitcoin's... so I don't necessarily disagree with your mental framework to attempt to accumulate as many bitcoin as you can..,. even though subliminally, you are still recognizing bitcoins to be valuable because they continue to go up in value, whether measuring in terms of dollars, some other fiat, some other asset or measuring in terms of most things (partly because we expect that we are on an exponential s-curve that will make it difficult for any other asset to keep up with bitcoin in the longer term, unless it is also on some kind of exponential s-curve, as well - and almost all other assets are not on such exponential s-curve, even if they can fake it for the short term.
I fully expect altcoins to last not just 5 years, but for decades at bare minimum.
That is fair enough.. and they might also be like wak-a-mole and keep popping up in a different form after being wacked down.
Beyond that is difficult to estimate due to singularity type events being increasingly likely.
I still think that status quo institutions are going to keep battling the various trends, including the bitcoin trend.. though you are correct that some BIG thing(s) could happen too, without exactly knowing what that is (those are) going to be.
But either way, if Bitcorn went to $100k or even 1000k it would be much more difficult to increase your Bitcorn holdings by more than a few dozen Bitcorns without having to identify dozens of high quality altcorns. Meanwhile, in current markets it's very easy to gain a hundred or so extra Bitcorns within a span of a year by just throwing them around almost randomly.
I personally believe that it is not worth it to play around with alts with an intent of increasing bitcoin holdings. But, if some folks are able to find decent systems to play with alts and increase their bitcoins, then the more power to them.. just careful not to be risking too much bitcoin in those kinds of endeavors.
I agree with you that the higher the BTC price, the more difficult in absolute terms to acquire larger quantities of bitcoin, so yeah, it was much easier to acquire decent quantities of BTC a bit over a year ago (and more solidly two years ago) when BTC prices were in the below $500 price range. So, we cannot really get around valuing some of these bitcoin matters in terms of dollars, so I think that unless you already have a decent amount of bitcoin, it is much more difficult for "regular" folks to accumulate even 10 bitcoins, as compared with 1-2 years ago... so I am not sure where you are getting ideas that it would be easy to increase you bitcoin holdings even by adding some double digit values unless you already have acquired a decent amount of money, but I agree with your point that it is likely going to continue to be easier to accumulate BTC in absolute terms if you get started earlier, rather than waiting to see what it does and waiting to act later... The time remains now.
Regarding trading, you can really fuck your BTC accumulation strategy up if you are gambling too much with either alts or BTC with some formula that expects large returns.
I continue to think that I am doing really good with my BTC accumulation strategy, even though I am not really accumulating a whole hell of a lot.... Take this most recent dip from $19,666 to $5,920 and the BTC price ongoingly bouncing around at various price points in between. At $19,666, I had a certain assessment of the BTC value and the dollar value of my total BTC holdings (and funds that are dedicated to my BTC portfolio), and yeah the drop and the bouncing around causes a lot of profits and accumulation of BTC, and I am able approximately project how much more valuable my total BTC portfolio is going to be when (or if) it returns to $19,666, and currently, I am roughly anticipating the value of my total BTC holdings (and related funds) will be between 5% and 10% more valuable than it was the first time around, and I feel really good about that. I also am nearly certain that the allocation of the value, when (and assuming if) it reaches $19,666 the next time around will be weighted a bit more lopsided towards BTC, and that is what the UPs and DOWNs had caused to happen in my holdings as a kind of purposeful design of my system.
In other words, I don't think that I am making any kind of killing with my strategy, but it feels like a fairly rock-solid way to continue to relatively modestly rebalance my portfolio in the direction that I want and in a way that I consider to be on the lower end of the risk scale.
And while that's "just" a few hundred to few thousand grands right now, that would eventually be tens to hundreds of millions a decade or so from now as Bitcorn appreciates toward its true potential.
Certainly, we agree with this overall assessment regarding what has a decent likelihood of playing out in the longer term.
That's why I very much like seeing Bitcorn not exploding any more than it has right now.
Aren't we going to be prepared for an explosion upwards no matter what? I mean if we already accumulated a lot, then we are already ready for upwards explosion, but at the same time, like you seem to be asserting, we can take advantage of the downside to accumulate more at "bargain prices" hahahahahahaha.. . I don't really mind either way and personally, I feel like I have accumulated enough, even though I don't mind going through some further trading to continue to accumulate BTC from my BTC holdings. It's just that we don't really have any kind of choice anyhow because the price just might not be ready to go up.. and we just gotta wait it out, so may as well just continue to accumulate more BTC and take advantage of the ongoing information disparity.. because we know information that is not known by the general public about the value of bitcoin.. so in that regard, we are likely going to profit handsomely from our knowledge... and I am not trying to brag or to have high hopes or engage in wishful thinking because the fact of the matter is that there are so many fucking people out there, and even once in a while we see them participating in this thread, that do not have any fucking clue about what brings value to bitcoin and what differentiates bitcoin from other cryptos.-- even though on the surface, they are not dumb people, and they may even be way smarter than a lot of bitcoin HODLers in several ways while still not being able to recognize bitcoin's value.
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