So far, my btc "number" has been on a gradually declining trend and I would like to reverse that.
I almost feel like attacking you for your revelation of this factual statement, yet I am going to hold back.. maybe just take a rain check on the matter, since sometimes it might not be worth it to get into some of these kinds of matters that involve when some of us might have reached sufficient accumulation and others are still accumulating, so in some sense there's gotta be some acceptance in regards how some of the particular numbers differ.<snip>
Essentially, it's flat or maybe even slightly up since 2020.
I had been attempting to measure from comparable BTC prices, so in 2021 we had two price tops in which the BTC price passed through similar prices as we have right now, so in some sense, it would make sense for anyone who is accumulating BTC to have had accumulated more BTC in the last 3 years or 3.5 years depending upon which top we are measuring.
Since about 2015, I claimed to have had transitioned out of my BTC accumulation phase, yet it seems that even when a person is in maintenance stage he still might be accumulating... and then with my sim port swap issue of early 2017, I had a bit of a goal to make sure that i was in a good spot, so in some sense, I was still kind of accumulating, even though surely I also got to a point where I was thinking to just write off whatever were my actual BTC losses from that time and then just go into a different expectation in regards to my BTC portfolio size, since there would have had been no real meaningful way to get back the quantity of BTC that I lost in early 2017.. yet there still seems to have had been some BTC accumulation in my own proclamation that I was mostly considering myself to have had been in more of a maintenance stage rather than an accumulation stage.
So gosh if we go back into 2020, then the comparables would be somewhat different - since the dollar value of BTC in 2020 was largely around 6-10x less in 2020 as compared to now.
I am not sure if I should look, yet I would expect that my 2020 BTC portfolio size would be a bit less than it is now, yet for you, I would imagine that if you are more in a BTC accumulation mode, then your BTC portfolio size should be similar, maybe even more as you said, yet it would not even be completely wrong to have less BTC now since the dollar value is 6-10x more, as I mentioned.
Ok... wow... I just did a quickie review of my own records, and it is not exactly clear because some of the ways that I counted my holdings are different now as compared with then, but still I would say that my BTC stash appears to be about 2% or perhaps even 3% smaller now as compared with where it was in mid-2020 when BTC prices were around $11k-ish... though at the same time the dollar value is around 3x right now... as compared with mid-2020.. so more of a dollar cushion now. which largely just seems to mean that I should be spending some of those dollars but they seem to be just sitting around and serving as "just in case" funds.
I don't really like running out of cash these days, which was largely how I felt in mid-to-late 2022... even though I never had to sell any of my BTC and I continued to buy BTC, but I still felt that I was running out of cash between about mid-2022 until maybe early 2023... though I also remember carrying out several small home renovation projects during that time.. so that directed some of my cashflow too.. so I did not really stop with anything that was kind of already in my plans, even though I recall being a bit uncomfortable through that whole late 2022 time and maybe even into early 2023..
Home improvements costs are coming up, though.
So far, I managed not to use btc, but maybe would have to use a fraction later in the year and I was mostly talking about this.
No big deal, but it is kind of annoying that I might have to do it on the down-slope (unless there is a reversal into the EOY).
I am not really sure what you mean by a reversal. Sure we have consolidation since mid-March-ish with a slightly downward slope, yet I hardly find that even that meaningful.. we remain in a bull market and we remain in no man's land and yeah, it is taking a quite a bit longer to get through no man's land than what had been anticipated... .. It remains difficult to imagine that odds for down are any greater than odds for up.. and surely being stuck in a kind of consolidation for so long does not even justify that we are likely to stay in such consolidation... . . yet it is still is really not that easy to really draw so much meaning to whatever supposed level of dippening what we have been experiencing since March 2024 with our max dippening ONLY going down to $49.6k when we had largely step-laddered up from upper $20ks in October 2023..
So maybe your really dilemma might be potentially selling (or shaving off some cornz during a continued consolidation, when you would prefer to catch the cornz in some kind of an upward break-out which may well allow you to depart with less cornz as compared to what you might ahave to part with at these here current consolidation range prices.
EDIT: What would be the Bart of the Bart called? A double Bart?
You might be seeing the charts differently from me.. since what I see are several attempted yet unsuccessful moves back into the $70ks - like around 3-4 of them. and it kind of looks like a downward slope.. but seems more like a so fucking what.. just largely a consolidation and ongoing attempts to shake more weak hands during a process in which a lot of new entrants are continuing to come in through spot ETFs that are ongoingly opening up to more and more potential clients.
In other words, I don't see any barts, currently...none that really matter at least from my considering of where we came from, where we are at and/or where we might be going... so maybe if there is some kind of a bart going on I might need to see it.. and surely I am not too preoccupied with short term BTC price movements. .which also seems that we are largely recovering from our most recent dip to $52.5k-ish... ..and sure we had a previous one of $49.6kish.. .. so that $52.5k-ish is a higher low.. at least in our relatively short term time frame to the extent our relatively short term timeframe matters.. sincd you are considering from here until presumptively prior to the end of the year...
Anybody else here came across the Saylor/Saif podcast?
https://x.com/HodlMagoo/status/1836431484116209678Scroll forward to 2:12, you'll notice a very common AI video glitch, like there are many more in this video, but this one is remarkable.
What's the point in faking such an interview?
That is not fake. It is a snipit from the actual interview. Earlier today, I posted about the interview and I placed
a link to the whole interview in fillippone's Microstrategy thread.
I got so much crap over it, for just being the voice of reason.
That's truly funny.
Haha sorry
I mean not to be a non-BTC’er
Your one of my most merited
Sorry for the TYPO
Sincere apologies
Now kiss and make up..
Poll
