Who else was blessed enough to buy this 2022 dip?
For sure, I am not opposed to this kind of a question, and many of us likely recognize and appreciate that those who are bitcoin believers with fewer coins and less time in bitcoin are quite likely going to be more excited about the dip and/or being able to buy BTC on the way down.. whether that might be rightfully categorized as blessed or not.
I think Twitter is better platform to ask this rather than WO thread on Bitcointalk filled with whales like you
Do we
(royal perhaps?) have to pull out the fish chart again? not that I would be able to exactly figure out which fish chart should be used as "currently applicable" to our current times. Also, not that I have suggested that I have been able to accumulate much more than the 0.63 BTC that I have admitted to .. even though I have proclaimed that I have been accumulating sats, so those sats do end up adding up.. by definition, the more you stack, the more you end up having.
So.. besides what I have already said, I still consider that time in the market does provide a lot of opportunities to stack sats in such a way that the longer that we have been in, then the more likely that we are going to be in profits, too.
It surely is possible that even someone who has been into bitcoin for 5 years, might not have been able to keep his/her costs below current prices if s/he bought at the wrong time and did not buy consistently, and also even a consistent sats stacker who got into bitcoin after mid-November 2020 might have pretty high likelihood of currently having his/her BTC stash in the negative.. even by pretty large percentages of greater than 30% in the negative... devils in the details.. which is one of the stressful aspects of our current price position for those who might have stacked big earlier and who might be running out of money to stack currently, but still if they had not been into bitcoin for very long, there are still possibilities, then they could feel sufficiently o.k. about stacking sats while their overall holdings are in the negative in order to bring down the average cost per BTC for those BTC that are held. Maybe even you, ImThour, fit in the category of those who really did not get into serious stacking until around that late 2020 time.. and I think that you even had proclaimed as much, even though you also proclaimed to have had made some decently good (or lucky?) trades that would have had the net advantage of both bringing down your cost per BTC and allowing you to stack more sats than you had originally speculated that you were going to be able to stack.. and sometimes even those "good" or "lucky" plays might not even be seeming as great since buying on the dip does not seem to feel as good when the dip keeps dipping.
I waited for this for months but didn't expected it to go below $18k.
I feel that it sucks, rather than feeling "blessed," even though I do still have money coming in that I am able to use, and I even have some money sources that have either dried up or have gone to very low amounts just like the pressures that other normies are feeling with either expenses going up or just that other people around me are tightening (or running into cashflow issues, or even having had fucked up their finances) which causes less money to come in my direction.
Not sure why you ignored all the signs and even my shit TA but in the end, it was correct and the stupid logics of mine and ideas literally worked.
Nothing surprising though, it was more like 4 year cycle being played out.
Hm? You want to suggest that you had some kind of idea that this correction was coming, even though it corrected "a bit" more than you expected.
I would suggest that my system does not really attempt to fuck around with trading or trying to time the BTC price - so I don't understand why you would be trying to attribute those kinds of practices to my approach. Yes, I have a system that sells on the way up and buys on the way down, and yeah, maybe I could attempt to tweak it to attempt to sell a bit more or to buy a bit more, but any tweaks that I do are not generally playing around with selling in order to buy lower.. so in that sense, if I am selling, I am selling on the way up.. not in order to buy back lower, and if the price ends up going lower, then I buy if I have money. I am not unhappy with my whole approach. It works for me, and fits all of my various parameters quite well... even if there could be moments of ":could have done this or could have done that" but overall it seems to work quite well in account to my whole financial and psychological situation.. and also, if you had not noticed, I do not tend to be very receptive to very many of the TA calls, unless they are famed in somewhat humble ways.. historically, your calls have not been framed very humbly.. even though it is possible that you could get better in that direction.. even though you are still trying to suggest that you "knew" or "felt" that the price would be going to the places where it has ended up going... which leans in the annoying.. rather than humble direction.. but hey.. not everyone is humble, and so sometimes there will be clashes.. including with me, when I see guys going overboard in that direction.. and sure it is somewhat subjective.. including that if someone has a pretty long posting history here, and they have some periods of NOT acting humble, I won't even say anything until it gets to a certain irritating point.. and so yeah, I admit that there is some subjectivity involved.. including that mature people do not tend to be braggers anyhow.. and maturity is not ONLY about age, either.
You might say that I am guilty of the same "non-humbleness" that I am accusing others of demonstrating, and sure, there might be some evidence of that.. or it might appear to be that any of us is presenting ourselves and our ideas with too much arrogance, and you are free arrive at your own conclusions in that direction... it is NOT always clear in regards to "who started it," and sometimes some level of arrogance is needed.. especially when dealing with trolls, shills and twats .. so.. it is probably better to leave it there for now.. and maybe you get what I am saying, and maybe you don't..
Simple math, If you buy today
BTC worth $1k, it will be worth $2k when BTC goes 50% down from ATH ($33k)
In other words, with your self-described "simple math" how long is it going to take for our lil precious to get back to $33k?
No idea mate, I am enjoying my HODLing session and working real hard IRL on my professional job.
I wish to retire by 2025 though, long way ahead.
BTCSometimes we talk about retiring as a another way of suggesting getting to entry-level fuck you status.. so there are a variety of ways to measure that, especially if BTC is part of the package of what will be kept within a retirement planning package.. or if there might be ideas that retirement includes getting out of BTC.. So I am not exactly sure what you mean, and sometimes people might consider that they wind down their work, rather than completely stopping their work - which is also a way of suggesting that they are in a "kind of fuck you status" in which they are more able to pick and choose whether to work and the quantity of work if they choose to work... or whether they take on projects.
There is no real way to measure 2025 as being longer than 3 years - ish if you are talking about retiring by the end of 2025.. so three more years can fly by pretty quick, and I would imagine anyone who is currently working and planning on transitioning into NOT having to work within 3 years would be in a position in which they are getting pretty close to being able to pull the trigger to get into such status.. so most of the ducks are already mostly in a row.
Of course, prior to March 2020, I had been using a quasi-liquid investment portfolio of $1 million for consideration of entry-level fuck-you status (so that is considering having a passive income of $3,333 per month or $40k per year), and after March 2020, I have been using $2 million (which is double the expected passive income), even though I have heard several folks use differing target amounts in regards to what they believe that they will need - even if they are trying to speak generally in terms of something like a western lifestyle.. so of course, there can be quite a bit of variation in regards to how much is needed, how such an investment portfolio might be allocated in order to allow for not having to work and even being able to sustain the lifestyle that a guy/gal is used to or whatever level of lifestyle s/he expects to have through living on that investment portfolio (and perhaps retaining work as optional rather than something that has to be done).
Poll
