I should not need to say this but BUY YOU FOOLS
Inquiring minds want to know? Do you know something? What are the parameters? How might the scenario that you are describing not be true?
I am not even proclaiming any disagreement with your overall punchline.What about your recommendation for d_eddie? D_eddie told us to HODL...
My understanding of HODL and BUYDL are different, except they both have DON'T SODL in common... which seems to be an easy recommendation of not to SODL at these prices.. but you cannot stop people from trying to be "smart" and even though we likely realize that there are some "smarter than everyone else" folks who are not even uncommon who are likely selling around these price points.
That reminds me.. has anyone heard of TrustedBitcoiner?
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I don't really mind the idea that you are making some short-term measures, but the real measures with long term investing, DCA and other ways of accumulating that might fall into buying on dips and lump sum investments tend to be better measured 4-10 years or longer in advance. Of course, in bitcoin historically, we have had a lot of fairly regular great bouts of volatility, so there will be periods of time in which a lot of profits can be measured in a short period of time.. but still even if someone might find a lot of profits, even in a one 4-year cycle period, the real compounding seems to take place over a couple of cycles or perhaps more, even though of course there are no real guarantees that UPpity will continue..
I intend to show a long dca for over a year with fiat and btc updating
Fair enough.. Do what you like.
Yet, I think that my point still stands in terms of how long you might be measuring. So for example, if you start to measure in November 2022, then part of my point is that you may well need to see one whole cycle which would bring your measuring out to November 2026, or even a couple of cycles if you want to really recognize and appreciate the compounding effects which could well bring you out to something like November 2030.
Another point that I made is that if you are trying to be somewhat representative of what might be going on with any portfolio, you likely need to represent from where you started, which in your case seemed to have been generating money by selling low and hoping to buy back even lower... which may or may not have been successful, but surely tends to be a risky as fuck practice that hardly would be representative to be suggesting from here on out I am using certain authorized levels of cash to buy back in increments.. and gosh the story is seeming so incomplete.. and sure, I am not suggesting that you need to tell everything.. but there are ongoing problematic areas.
I remember your paypal buys for a while that ended up petering out without any updates, and there have been various threads on the forum in which someone begins a kind of DCA approach, and there are not too many that even last a year, even though surely it would not be a bad idea if someone were to want to try to have some kind of an ongoing thread and/or presentation on the topic - and would not even necessarily need to use the actual numbers.. but to make some kind of an attempt at representing personal performance.. or even the establishing or BTC accumulation goals and then reaching or exceeding them, or sometimes maybe realizing that the goals might be too lofty..
There have been somewhat seemingly weird cases too.. like the mindrust example, and sure maybe he was too specific and too disclosing in terms of his particulars, but even though seemingly weird, it ended up being pretty damned realistic and representative of what can happen to people.
I understand that sometimes any of us want to be careful in terms of disclosing too much including that if we might say that we have a fairly modest goal, and then all of a sudden, a few years later, we are realizing that our modest goal seems like an amount that has become completely unobtainable by a vast majority of normies, and I have even said that with my own current means, I would have trouble accumulating even 5% or 10% of my 0.63 BTC or whatever it is..,. so the truth of the matter is that sometimes 1-2 cycles, or 4-8 years down the road, the earlier amounts of BTC that had been accumulated may well become unattainable for people of similar starting means, but does not necessarily mean that they should not start some kind of a similar process.. even though there are no guarantees.. and also degrees of accumulation might not even be close to as possible years down the road, but we are not necessarily going to know.. ..
So for example, I had a lot of cashflow issues in mostly early to mid 2015, and some of those cashflow issues were starting to resolve themselves by the end of 2015, and those somewhat resolutions of my cashflow were not completely related to the BTC price rising - yet surely, it did not hurt my cause that BTC prices started to rise and also that there was a kind of cushion in terms of having value in BTC, even if I had not authorized myself to sell much if any of my BTC as it rose in price from late 2015 and slowly through 2016 and more violently (even though not certain) through 2017.. and part of the point that I was wanting to make is that sometimes I would have an extra $20 come in and then I would use that $25 to buy $12.5 worth of bitcoin (0.05 BTC), and similar dynamics were going on with higher amounts of cashflow such as if $250 extra came in to buy $125 worth of bitcoin (0.5 BTC), currently those amounts of BTC purchases seem outrageously high.. in the event that any of us might have been able to continue to hold and not sold those BTC through the subsequent years in which there were temptations to sell when it went up at various times.. and maybe even fear about buying back since if the price might have been $2,500 per coin in mid 2017, then we might psych out our lil selfies into believing that the BTC price is too high because in 2015, I used to be able to buy 0.5 BTC if I had $125 extra cash, but when the BTC price is up to $2,500 per coin, I can only get 0.05 BTC with that same amount.. .and of course, now if the BTC price gets up to $25k, then I will ONLY be able to buy 0.005 with that same $125, which does not mean that I should stop buying, but sometimes we might end up psyching ourselves out by the changes in prices and we also might end up disclosing way more specifics than we should have disclosed in our earlier attempts to be specific and forthright with the contents and details of our posts.
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