. Sometimes you are pathetic with your ego or at least you might have a little bit of a less arrogant way of framing the topic - though you seem to have difficulties being able to help yourself.
I just don’t care about your feelings. At all.
I struggle to appreciate how you could reasonably conclude that I had been writing from a place of "my feelings" rather than substantively responding to your post and also pointing out your own ongoing desires to incessantly pat ur lil selfie on the back.
In fact, you seem so threatened and triggered when I mention how extremely correct I am constantly, that one of the main reasons I do it now is to get your panties in a bunch.
I already responded to your allegation about me supposedly getting triggered, so I see no reason to address that wishful-thinking strawman allegation again.
Notice how I don’t give a shit what you do with your coins.
It seems to me that you gave enough of a shit to proclaim that you supposedly had been outperforming me in recent times since you supposedly did not lose money or value during bitcoin's recent 30%-ish drop, which even if true seems to be a so fucking what. Do you think that I or many of the other longer term BTC holders/accumulator guys in this thread give too many shits about some trades that we might be able to make based on short term BTC price changes? Most likely you are the one that has the burden to at least proclaim that you have beaten 63x returns that you could have had if you had just been DCA buying since May 2013, which surely could have had been and should have had been in your wheelhouse to easily accomplish such a thing, yet I imagine your ongoing fucking around with trading has caused you to underperform simple and straight-forward DCA and BTC accumulation/hodl strategies..
So as I illustrated earlier, if you had DCA invested $100 per week since May 2013, you would have invested $60k-ish and gotten 70-ish BTC (currently $3.8 million) over the past 11-ish years (which would have had been 63x-ish profits), yet alternatively you could have bought 70 BTC in 2013 in various purchases for less than $3,500 and then thereafter, just sat on your hands for the last 11.5-ish years without doing shit, and still had the value of 70 BTC with an investment of $3,500-ish (which would have had been 1,080x returns).
So, I suppose that I was being overly easy on you by giving you the DCA scenario to beat (the 60x returns) rather than the one-time investment scenario that would have had caused you to even had better returns as long as you did not sell any of it (1,080x returns)... which is part of your problem in putting out posts suggesting that you are smarter than everyone else and you think that selling BTC actually brings you better profits than a more straight-forward buy/accumulate and HODL technique..
In essence, I doubt that you have any evidence that you had been able to achieve better than a pure buying accumulation scenario of BTC portfolio performance over the past 11-13 years by fucking around with trading rather than buying and holding. You don't even assert that you did.. The ONLY thing that you assert is that you are smarter than everyone else and that you can see where the BTC price is going before it goes there, so therefore guys should either be trading or following your tips...
I just continue to point out how incredibly accurate and successful I’ve been for 13+ years now because I’ve earned that.
Let's get to the punchline. Have you done better than 1,080x returns or not? alternatively have you done better than 63x returns or not?
Since you are now trying to brag that you have been successful BTC trading ever since the beginning of your forum registration (which is June 2011), then maybe we should show the results of going all the way back to the beginning of your forum registration rather than giving you some benefit of the doubt that you might have had made some mistakes in the beginning, but no, not you. You did not make any mistakes in the beginning, since you are too perfect to make mistakes, so therefore you have been banging 10s since the beginning of your forum registration. You did not need any kind of a 2-year learning period in order to work out the kinks of making mistakes that mere mortals might need.
So, if we go all the way back to June 1, 2011, we would not even need to have you investing $100 per week, we could lower your weekly investment amount down to $10 per week, and you would have invested $10 per week through that whole time, you would have had invested $6,930 and you would have accumulated 145.82 BTC. Currently valued at about $7.86 million. So right around 1,134x in profits.. Use this website to calculate:
https://costavg.com/Have you done better than 1,134x in profits with your BTC holdings? Needless-to-say, I have a lot of doubt about you being able to beat any of the various buy and hold strategies, even if we were to give you the lower boundary and easier to meet scenarios, even though you are proclaiming to be so great, wonderful and smart, but even your actions contradict the idea of success since many of us holders are not fucking around with trading, or bragging about it or trying to get others to engage in trading, and yet we have multiples and/or even magnitude levels of profits in our BTC portfolio holdings by merely employing buy and HODL strategies that do not really get into selling in order to buy more BTC at lower prices.. at least guys are not really bragging about those kinds of things here, except you and other traders are proclaiming to have such skills that are better than everyone else.
If that makes you feel some type of way it’s because you are jealous and that is a female trait. Be a man. Give me my flowers or outperform me. Being wrong continuously and acting like you have some superior knowledge just makes you come off as a fucking retard.
Now, you are just making up arguments that are mere speculations about facts. I am not even proclaiming to have superior knowledge than you or anyone else, since DCA can be a way to blindly accumulate bitcoin in a longer term investment style, and without hardly any knowledge of the underlying and perhaps largely just knowledge about how much disposable income a guy has and how much of that disposable income that he is going to want to invest in bitcoin, which would imply either having good cashflow management skills or just building such cashflow management skills along the way, and so DCA tends to be a way to potentially be able to keep accumulating bitcoin over a number of years and holding through the whole process. which I did most of my BTC accumulation between 2014 and 2016.
If you have 100 btc at a cost value of 1k each you just sell 2 or 3 a year if you are 67
you have corn till you are 100 or 133.
if you have 100 btc at a cost value of 1k each you just sell 1 or 2 a year if you are 50
you have corn til you are 100 or 150.
my point is if you have 100 btc at a cost value average of 1k a coin trading is not needed .
you can spend it even if you are 40 and spend 1.5 coins it takes 60 years to spend it all.
I think that you are making my point (or part of my point, or something related to my point) that relates to my sustainable withdrawal ideas... and I should not even proclaim that they are my ideas, even though I am attempting to tailor them to BTC's price performance and to suggest that you should be able to withdraw at a higher rate than withdrawal in traditional investments so that in BTC you are able to withdraw something ike 10% per year while in traditional withdrawal systems you can only withdraw 4% per year.
I understand that when you use strict numbers (rather than percentages) of withdrawing 1-3 BTC per year, then it becomes a bit easier to project out how many BTC you have left, or how long it takes to withdraw the whole thing, yet if you are withdrawing a percentage, then you never run out even though your amount continues to shrink and the dollar valuation of the remaining amount has to go up by more than the amount withdrawn.
So part of my point is that if you reach a quantity of BTC that you know to be enough or more than enough, then you have so much cushion between the amount that you need and the amount that you have.. meaning that the amount that you have exceeds the amount that you need, especially if you also start to withdraw in terms of the dollar amounts that you need, and since many of us theorize that bitcoin is largely going to continue to go up in value higher than the debasement of the dollar and if the dollar debases into infinite numbers then the dollar largely would become irrelevant in such scenarios and bitcoin would have to be valued in terms of something more concrete, whether that would be in terms of gold, or Lamborghinis, our houses or big macs or some other kind of good or service.
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True, but bitcoin does not have to follow your "conditions".
If bitcoin would be 5K (as it was in the spring of 2020), selling 1-2 bitcoins a year makes little difference if you are slightly above average in pay grade.
I would say that any regular selling is erroneous (with a caveat below).
Bitcoin was made to either be VERY valuable or to hold little of that.
So, for most people the solution is to either almost never sell (apart from the elaborate scheme designed by @JJG)
I doubt that my scheme is very elaborate. It just sounds complicated because we are still getting used to the ideas, but they are not that complicated. Once you get to a status of over accumulation, you can get started with my withdrawal scheme that is either based on price and/or based on time.
OR to sell A LOT (in %) and, basically, leave.
That does not sound right. Many of us did not get into bitcoin and hang out here for 10 years-ish in order to just sell everything into worthless fiat. There is no other better place to put our value, apart from bitcoin.
There were a few examples of the latter here (where are the notorious V8 and HairyMclairy, not to mention many others)?
Is that why those guys are not here and abandoned us?
If they are alive, then they sold and are gone from this interest area.
It could be that they got bored, but "sell it and forget it" is so much likelier.
You seem to be speculating a lot and even putting guys into narrow boxes, since each of them could have sold chunks of their BTC stash and still be sitting on the rest of their BTC stash... maybe some desires to stop posting about it... which ends up in quite a bit of repetition and even arguing with folks (other forum members) in repetitious ways.
price or even getting below the 200-WMA of $38,760 would constitute that we would have had entered into a bear market.
Lol..so now you are talking we can be still in bull market if we are below 200 WMA end of Q3 / or in Q4 2024... The time frame we should have take off already.
In denial if it happens?
I think that all I was suggesting that going below the 200-WMA or even going below 20% above the 200-WMA would not necessarily in itself constitute that we would be in a bear market.
We are already in the last month of the 3rd quarter, and I hav e my doubts that you can prescribe that "we should have taken off already." That seems ridiculous to suggest that we have to strictly stick within the confines of our previous 4-year cycle guidelines in order to stay "on schedule." Bitcoin is already known for overshooting and undershooting within expected timeframes, and I am not even going to proclaim that I know why it does what it does, yet wrongly concluding that we are in a bear market or a bull market can really end up fucking up the way that you might decide to maintain your holdings.
Remember how cock-sure you were about various BTC prices that were lower than it's $15,479 bottom of 2022? Sure, I thought that BTC prices were not even going to go as low as they did, but you were acting like a retarded dweeb with you level of confidence that BTC prices were going much lower, even though you weren't willing to enter into some kind of a reasonable bet, so who even knows if you were being genuine in your posturing efforts (or was it talking your book efforts?).
I am having trouble figuring out what you find so out of touch about my statement in which it seems that I am largely trying to presume that we are in a bull market until we aren't and so yeah, I admit it, I am not sure exactly what would kick us out of our current bull market.. but surely using the 200-WMA as a kind of reference might help to shed light upon the matter.. yet one of the problems with currently relying on the 200-WMA, then maybe if we are dancing around the 200-WMA, then we likely are already bottom territories.
So maybe we have to use the 100-WMA, yet the 200 WMA and the 100 WMA are really close to each other right now, yet the 100 WMA is moving up faster (at about $50 per day) than the 200-WMA (at about $30 per day).
If you saw earlier, my own criteria for a bear market is if it starts to seem that the odds for down are higher than the odds for up, and yeah, I will admit that I seem to be unable to identify when that has happened until after we are in a downtrend for a considerable amount of time, so so far in my bitcoin history, I have been considerably overly biased towards up.. to a fault. Maybe i will improve in the future in such a way that I will be able to identify bear markets at an eariier point in time than I had been able to do historically?
What the fuck is happening right now in the crypto market in general, is a rollcoaster in this weeks/months.
Who cares about the crypto market?
And, by the way, what is "crypto" and how does it relate to the topic of this thread?
Poll
