I am NOT sure if you should be proud of NOT buying.
Well I am..
I am definitely proud of what crypto I have been able to accumulate based on nothing but my own skill and determination to stack Satoshis, made completely on my own merit, having absolutely nothing to do with any advantage of how much I could "afford to buy".. I made it myself having nothing to do with $ or investments funded by any efforts outside of crypto.. Made all my crypto from crypto..
Whatever floats your boat. If you want to handicap yourself and then proclaim victory because you overcame obstacles then that is your choice.
Even though you want to purposefully find value in achieving a kind of self-help determination, there are a lot of people who would have taken advantage of easier, better and more efficient ways to acquire way the fuck more BTC with half the effort because they did not purposefully handicap themselves. The have nots already have enough handicaps that are imposed upon them by NOT being born with any silver spoon in their mouth, and seems a bit ridiculous to add more handicaps on purpose to yourself in order to unnecessarily prove something to yourself that is absolutely not necessary to prove... of course, if you find some kind of personal pleasure with exercising in that kind of way, then you go girl!!!
![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
Let's say, for example, you were sufficiently balls deep into bitcoin in late 2015 and early 2016 while BTC prices were floating in the $375 to $425 range, and you had a $6k budget so, you could have bought 15 BTC relatively easily with that money. Instead you decided to dick around and maybe earn 1BTC or some nonsense like that. By mid 2017, you are kind of fucked because BTC prices are in the $2,000s, so your $6k is only going to get you about 3BTC.
By the way, merely because I bought my BTC with fiat, I don't feel like I did not earn those BTC or work my ass off in order to accumulate the fiat that I used in order to buy BTC. There is absolutely NO fucking shame to buy BTC, especially if you maybe have a job that might pay you more than enough to live on, and maybe you have an extra $500 or more a month that you can invest... and after a few years, you may have stashed away a few thousand dollars that you can invest into some asset or another, but you can also decide to put that into bitcoin... or even to transfer the value from your other assets into bitcoin.
I have already agreed to grant to you that it is quite likely that both you and I did not come from money, and therefore, we have built our capital on our own... yeah, maybe I had nearly 30 years to build capital before transitioning that value into bitcoin, but the value is NOT less worthy merely because I had bee4n building it over 30 years... and you do NOT have any kind of superior claim because you decided to earn your BTC for free with your time and your supposed "special" "guru-like" skills.
It's not like I got lucky on a few trades and made a killing.. It took me a LOT of time and hard effort to make the around 10,000 manual trades I have over years and gained the skill to have more of them profitable than not..
If you are able to do it and you are skillful in that direction, then fucking do it... no one is stopping you.
I am suggesting, though, that trading is not something that is generally applicable to a lot of people and there are a lot of people who are going to lose money if they do it.... but if you can do it, then do it... This is getting repetitive... fuck...
You don't think that's something to be proud of?
I did not say that you should not be proud, but in the end, who fucking cares, if you happen to be a guru.. good for you... I mean, are you going to share some of your knowledge and skills here? Do you want people to subscribe to your newsletter? What is it that you want, exactly?
You can be proud of something you bought, while I can't be proud of something that I have MADE.. ??
I think not..
An unimportant distinction for me... And, there are lots of ways to build capital and it takes a long time... Where the fuck are you in the whole scheme of things? Hopefully, you are competing against yourself then wanting to get into a dick measuring contest here. Now if you want to share ideas and skills about how to do these things without devolving into nonsensical bragging about how great you are then go ahead, share some of that information.
Would you be more proud of a house you bought with a nice lawn and all, or the house you built yourself on property you cleared yourself and made that nice lawn with your own hands?
There can be satisfaction with either situation, and how people spend their time or want to spend their time is discretionary, and people come to differing assessments.
So if you start with 1 BTC, then you should have 140BTC... great. Hard to beat that.
It doesn't work like that that easily..
It is sooo much easier to double 0.01 BTC than it is to double 1 BTC.. Do you understand this?
You are the fucking person who is bragging about 14,000% returns, and if you believe that is representative, then you should be able to replicate those results.. otherwise, who fucking cares if you happen to win some money while gambling? I don't, and I doubt that your bragging about how much money you won while gambling is helpful to very many other members who are involved in this thread.
You can flip a good spread all day long on a smaller market with 0.01 BTC but you cannot do the same with 1 BTC..
The more value you want to trade the more liquidity the market needs to have which will come with more skilled trading competition, smaller spreads, and less volatility..
Playing back and forth between walls/spreads is one of my main targets to trade but you can't do the same thing with larger amounts, because then you become the walls..
Trading based off large orders coming into the books pushing the price works great, untill your orders are the large orders that push the price, then it doesn't work anymore..
O.k. So is it worth your time or not? That is for you to decide.
I could give less than two shits about trading small amounts of BTC and chasing small profits, I would rather let my investment ride in a more passive way. That's my choice, but if you want to spend all day dickering around with small orders, then that is your choice.
you are coming off as hostile to dollar cost averaging
I don't have any problem with the dollar cost averaging strategy.. I would recommend it also.. To those who aren't willing to put in any actual effort, or even alongside other efforts.. But I wouldn't shit all over other efforts/methods..
You do not have to make those other efforts like you proclaim. Dollar cost averaging is a sufficient system... Of course, if you have more time and you want to dicker around, then you can.
If I am hostile about anything it would be this...
Trading is also NOT a way to accumulate BTC or wealth.
trading should not be a means to accumulate BTC
Trading is also NOT a way to accumulate BTC or wealth.
trading should not be a means to accumulate BTC
you should not be planning on building your BTC wealth based on trading
Because that almost feels like an attack on me..
I have invested massive amounts of time and effort into doing exactly that, and I found a way to make it work, and yes I'm damn proud of what I have been able to accomplish, and you say that it's "Not a way" and something that "Should not be done"..
You are wrong..
We disagree then... No need to continue to repeat ourselves on this.
Instead of putting in hundreds of hours playing stupid videogames like most NPC normies, I put basically that same effort into playing on exchanges..
Very wise choice IMO VS completely wasting all that time getting points in some stupid game, I accumulated satoshis instead..
Good for you. I give less than two shits.
If anything YOU are hostile at me for not just buying bitcoin and making my way via alternative means that do not fit your narrative..
Your way is not the only way.. Sorry..
I suppose that I am hostile because 1) you make little to no sense, 2) you seem to be suggesting that normies should trade when dollar cost averaging is a much better system, especially for normies to get started and 3) your story is flip-flopping.
You have to accept the fact that it CAN be done, unless you want to call me a liar..
No one cares.
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