I did much more well with ETH (i am holder since 2015 too), so it compensates regarding the global multiples done.
No wonder you are confused.
I'm not confused. You just continue on the same way...
Why would this discussion be about me. I just made a observation in an attempt to explain why you might have some screwy ideas as you had expressed in your recent posts including your assessment that you believe that bitcoin prices have a greater than 10% chance of going below $10k..
By the way, we had not establish your timeline for expecting such below $10k... maybe within the next 3 months or so?
You don't like ETH (like many here) and it's not the problem, because we cannot compare BTC with ETH.
It's not a topic here, unless you are bashing it then maybe.
But the fact is that ETH is not useless on many points.
I would assume that to be the case.
As it's still important to have cash/fiat right now too.
Importance depends on who you ask and maybe where you ask it. You are asking in this thread? It tends to not be relevant... especially if you are planning to say good things about it.
And I'm happy to have made so much money by investing on ETH.
There you go. You couldn't help ur lil selfie, now could you?
Nothing is full white or full black.
You are not going to catch me proclaiming things are black and white, but I will proclaim that it is problematic when you are trying to pump or talk about shitcoins in this thread when you have other places in which you can talk about that shit.
You put maybe too much attribute on BTC and forget everything else.
I am attributing that bitcoin is the topic in this thread.
But the life, the assets, investments is not ONLY BTC.
For sure, even before I came to bitcoin (in late 2013), I already had a pretty full and diversified investment portfolio, so I came to bitcoin as an already pretty experienced investor with more than 20 years of building my investment portfolio, and I would proclaim that today, I have more assets in my investment portfolio than prior to late 2013. I did not move straight over to just having dollars and BTC, and actually what I did was largely take from new cash in order to build my BTC holdings in the first year or so - as I was building my BTC stake to become around 10% in the first year (by the end of 2014), and so into 2015, I continued to buy BTC to cause it to become around 13.5% of my investment portfolio by the end of 2015, and really throught the years, I have not uninvested in the various other assets that I had in late 2013 and I let them grow at their own pace, and I even added some new assets, but the value of my BTC way outpaced the growth of all the other assets in my investment portfolio, and I do not even regret adding some additional assets (such as property) even though they have underperformed BTC, they serve other purposes in my having a sense of financial and psychological security... and they have other utility to store things and have places to stay.. blah blah blah... and even though cars and computers are consumption goods, I find some utility in upgrading those kinds of things too and to consider those as kinds of investments (even though they have high depreciation as well).
I doubt that there is any need to lecture me in regards to whether I am diversified in my investments enough.
By the way, this not really the place to talk about the extent to which we might diversify within "crypto" because it remains too much of a slippery slope to get into those kinds of discussions in this thread.. and so surely a lot of us regulars within this thread might be willing to tolerate a certain amount of discussion of those kinds of diversification matters, but many of us likely presume it is not a great topic to be talking about here because it is too big of a topic and probably just better to go forth with the presumption that shitcoins are really shitcoins and if we feel some urge to talk about those subjects outside of the thread, then there are surely places in which those other topics can be discussed without turning this thread into some amorphous and unable to figure out "crypto" thread.. That would surely cause a lot of denigration of the value in which this thread seems to provide.. in just largely keeping those kinds of bullshit and distracting discussions out.
And as a wise person, you probably perfectly know it's always better to dedicate your portfolio in many different ways (Bitcoin, some "shitcoins" as everything else is shit for you, stocks, real estate, different currencies etc.. in different banks and differents continents). As a optimized globalisation, to try to have a balance on the global risks.
Sure.. diversification across differing kinds of assets.. no problem with that, and each of us would be deciding those things for ourselves and maybe there will be a little bit of discussion of those matters from time to time, but they are also dangerous to get into very much, just like we end up getting into various disputes about the value of gold and how much, if any, you should hold. Shitcoins are more dangerous to discuss, and I doubt that there is any agreement that you have to have some in your investment portfolio, even if you are assuming that you need to... and discussing those kinds of matters just seems too much of a slippery slope.. so why not just bash shitcoins instead. and if any of us feels that we want to invest into any of them, then we can do that in the closet or go to some other threads to discuss.. why contaminate our lovely bitcoin focused world, with those very little value shitty
(and seemingly never ending) topics?
Then you allow the % according your feeling and the risks you want to take ; it's another topic for the repartition.
Well, yeah. You seem to be recognizing it as a topic for another location. Is that what you mean?
By the way, I have been continuing to think about a potential bet threshold.
We both agree that the odds of going below $10k are pretty low, but if we pick a higher price threshold then maybe we could agree on a bet? something like $14k. Do you think that the odds of going below $14k are greater than 50% in the next 6 months? I might be willing to take the other side of that bet. We could move the price up too... I would not be willing to take any bets that are in the $16k or 17k range because I do not consider the odds to be be very far outside of 50/50 territories.. even though I have not exactly worked out my own numbers.. but when we start to get into the $15ks and lower, we might be getting into possible bettable territory in regards to how much our opinions differ, and if our opinions do not differ enough to figure out a bet, then either one of us is not willing to stand behind our proclamations or maybe our opinions are not really significantly different, even though from my perspective, you do seem to currently quite a bit more weight (and likelihood) to downward possibilities than I seem to be.
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