The "bot" always presumes too much and then falls into the trap of its own presumptions. But the volume, the volume...
You conveniently forgot to say no homo, you fuck.
I knew that you really liked me, on the inside.
1. Sometimes an example is just an example and nothing else. I am not here to discuss my personal stash, albeit others sometimes do (hat-tip).
Of course, if you are going to propose differing models then you should be attempting to frame decent aspects of your differing models into reality rather than just pie in the sky bullshit.
For example, if we might be attempting to hone in on both getting to fuck you status or even figuring out what might be minimum entry level into fuck you status, I hardly find your descriptions of what it is like to be 10x, 100x or even 1,000x higher than the entry-level to be very concrete or relatable, even if there are some bguys/gals here who have likely reached those various higher levels and have also developed their own various peculiarities in terms of needing and wanting to have way more than entry level fuck you status.
2. Talking with worry about potential market decline does not mean selling. It could be just that-worry about a storm while hodling.
Yes.. we know that bitcoin tends to be quite volatile, so when you are whining about the supposed inevitability of bitcoin going down further that seems a bit much, and maybe it is worse when the BTC price has already come down quite a bit and the MOAR DOWNity is not as inevitable as you seem to be wanting to make it out to be... while you are proclaiming that you are right all the time.. which likely does talk some people into either selling coins or failing to buy as many coins as they would have otherwise... but sure, I don't have a lot of sympathy for peeps who go along with guys on the interwebs even if they are persuasive as you sometimes can be with your frequent fear-mongering whining baloney.
3. Taking profit, then paying extra taxes has not been my style, that's for sure.
Good for you.
Stocking up and really preparing (or maybe even over-preparing) for UPpity seems to NOT have been your style, either.
You must really like my earlier example of the whining curmudgeon who ONLY bought 20 BTC and the ongoing BTC investor who ended up getting 42BTC by merely DCAing for the 6 years that the curmudgeon whiner sat on his hands. Remind you of anyone?
by the way, the whining cumudgeon who ONLY has 20BTC might feel quite reserved to sell any BTC, but they active BTC investor has 22 more BTC, and merely one of those 22BTC covers all of his costs of investing into BTC, so selling 1 or 2 BTC may well not cause such active investor to stop from enjoying the extra wealth that he has accumulated by actively investing, even if he may well have to pay taxes on almost everything that he cashes out because his tax basis is only around $867 when the price is $46,500-ish - or whatever price that s/he decides to shave off a wee bit of profits.. so having an extra 22 BTC ($1 million in value at current spot price) is not necessarily going to cause a whole hell of a lot of lost sleep if taxes might end up being in a 15% to 20% arena in cashing out $50k or $100k (in the event that s/he does decide to do it).. so if s/he ends up cashing out $100k, there is still $900k in extra profits (over the amount of profits of the curmudgeon) even if s/he was ONLY able to take away $80k and had to pay nearly $20k in taxes... .so maybe the curmudgeon has forced his lil selfie into being a curmudgeon because s/he failed/refused to invest more (or over invest) in order that the active BTC investor does not need to worry about taxes or whatever... s/he is still way better off, especially as compared with the whiner / curmudgeon.
4. Apart from smallish irrelevant stuff, I almost NEVER sell at the loss, unless it is beneficial on a small scale extra (cap gains reduction) and the project or stock is dead in my eyes.
I doubt that we really need to get into the selling at a loss issues.
There seems to be more questions about how much and how to invest and then whether it takes $2million or $10million or some higher amount to reach entry level fuck you status.. so there should be some kinds of reasonable presumptions that it could take several years - at least a whole cycle or two to reach those fuck you levels, unless you are getting into bitcoin in shorter time horizons (shorter than 4 years) and I doubt that even you are suggesting that kind of an approach to BTC investing... you seem to be more lacking in ongoing investing in fantasizing about some early lump sum bringing you to fuck you status after more cycles (or some pie in the sky pumpening hope of 1,000x price appreciation)..so seem that getting into loss issues is not even anything in the ballpark of our previous discussions in regards to getting to fuck you status and then managing fuck you status, once there (in order NOT to fall out of such status, hopefully).
I am a btc hodler, not a subscriber to a theory of selling when it is going up and buying when it is going down. I consider that theory wrong.
Good for you. We (royal of course) already figured out that you are a kind of guy who way the fuck under invested, so you have put ur own lil selfie into your own false dilemma that does not affect those of us who had been more assertive (or aggressive) in our approach to BTC.
Relative assertiveness (aggressiveness) has paid off stupendously for many of us even if past performance does not guarantee future performance, BTC does seem to continue to be a kind of investment that will continue to reward those who are a bit more assertive and aggressive in regards to establishing their BTC holdings - and I am not even suggesting to use leverage or even to cause cashflow issues in terms of preferable practices of maintaining a relatively strong and continuous BTC DCAing.. and sure entry level for that might be $25 to $100 per week, but even more aggressive strategies might increase the amounts and not necessarily put BIG dents on the personal budget (ongoing cashflow concerns).
I would rather borrow cash when btc is closer to a steady state level than paying almost half of the gains in taxes.
Good for Uie-poo-ie in your hypothetical contemplation of the matter. I think that you get so focused on how to manage your supposed high level of wealth and seem to downplay the getting there part. So surely getting there is almost all of the battle that a vast majority of normie folks face, and once the normie folks get to fuck you status or even multiples above fuck you status then they can do whatever the fuck they want to maintain such status. Sure there are potential issues about prematurely pulling the fuck you lever and not having enough actual value to account for all the expenses, including potential taxes, and to the extent that you are focusing ur lil selfie on my problems in having to pay taxes, you seem to be continue to want to get caught up in some kind of concern that likely does not even seem to be a concern... haven't I mentioned a lot of times, that i have enough to live fairly well and in my current lifestyle without even cashing out any BTC, so part of my ongoing dilemma has been to figure out more ways to spend more money...so I really don't mind having that thing that you perceive as a problem that I do not perceive as a problem including concerns that I am going to run out of money or have to get booted out of fuck you status.. so that is not any kind of problem for this kitty cat...even if you may well be preoccupied by a selling on the way up strategy.
50% tax (in US) is coming, bros. They have no money and therefore have to apply the squeeze.
Sure... could be... right now federal tax rates are about 15% for long term capital gains in the US of A... and then depending on which state a person is in, there may well be additional capital gains taxes for the same transactions.
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