Do what you like, then. You are probably going to get fewer folks agreeing with you, but still whatever, you are free to approach matters how you like. .. and yeah, maybe your "good points," if you happen to have any might not get lost through your seemingly need for improvement bedside manners.
There are quite a few of us who do not let personal attacks bother us.. .. even though since most of us (royal perhaps?) who consider our lil selfies as "humans," emotions might end up coming out from time to time, and surely some of the points that both you and Satofan44 seem to be aimed at purposeful stirring up of emotions rather than engaging any substantive points that "wordy man" cAPSLOCK might have accidentally and incidentally made in his various walls of text on the topic.
Wordy man! I... Certainly fit the moniker, but I'm not sure I'm worthy of sharing it with the original.
I am touched.🫂
Or are you just trying to throw it off onto me? 😁
I thought that I would "slip those labels in there" without anyone noticing.
Your eye is just too keen for me to "get away" with anything.
I will have to regroup.. and consider a new angle.
There is a lot of leverage that gets liquidated if we fall back to $112K and that is also where the CME gap is... So I think it is safe to say we need to dip and remove those leveraged longs before the next leg up... Hopefully a massive leg up to short squeeze everyone at $125K.
With Polymarket now showing a 53% chance that we hit $130K by the end of the year and being found to be 95% accurate a month out... One last rally to a new ATH seems more likely than not at this point.
The price of Bitcoin vs what people think = Non reactive market
The price of Bitcoin vs what whales think = Reactive market
Are "the whales" in the room with us now?
I do agree that I learned the lesson after losing 30$. The reason why I agree on placing the bet is because I made a claim and I don't like backing from that claim.
If you think you can win on that new offer then accept that offer since you will get 0.001 btc this time which is almost 100$. Just remember, in gambling winner is the one who knows when to stop.
We already finalize the bet, and yes, I understand that gambling is not a good habit.
I do not consider myself much of a gambler, and I feel that I am not really playing for amounts that cause me much concerns either way.. and I already largely have enough bitcoin to cover the bet... Even you consider that my costs per BTC might have had been $10k, then a 0.001 BTC bet had ONLY cost me $10 to accumulate such BTC, and sure it is possible that I could lose them for around 10x (or more) higher than I had paid for them.. but I am already O.K. with it, and I was more than willing to enter such bet with LFC without too many concerns whether I win or lose the bet, even though I still believe that the odds are against LFC from winning the bet, yet if he does end up winning the bet, then that outcome would be acceptable with me, too.
It's good to know that you are not into gambling. My advice is to stay away from it if you want to keep your Satosh intact.
I would think that many guys who have interacted with me (and/or read some of my posts) through my nearly 12 years on the forum have come to see that I am not much of a gambler type, and I am way more of an incrementalist and a hedger and an investor rather than someone who fucks around with gambling..
Even though surely making bets might appear to be gambling, I consider them as ways to facilitate conversations and/or to make sure that guys are standing behind their assertions, since we do have tendencies for guys to really say things that they do not believe and there are a decent number of guys who will not stand behind their assertions.. You have shown yourself to be a guy to be willing to stand behind his assertions and perhaps you have come around to making sure that you are not making assertions that are overly absolute, since we likely have come to realize that bitcoin can shoot in extreme directions that are outside of expectations.
It will be interesting to see outcome of this bet because both of you are well know celeb of this forum.
I doubt that the bet matters too much, and it is seeming that the odds are against LFC.. even though he had some moments of even expressing seemingly exaggerated proclamations that the bet was "easy money" for his lil selfie... hahahahaha
Even now, a mere week or two later, LFC's sentiment has likely changed (perhaps perhaps? He seems to admit that he gets overly emotional about some of these matters - even though he likely has various underlying presumptions that are less likely to waver), even though perhaps he still feels he has reasonable odds for winning the bet.
You are beating Micheal Saylor in terms of average purchase price of Bitcoin as Saylor average purchase stands at $66k per BTC
Of course Saylor is playing a different game than an overwhelming majority of normies, even though some normies like to compare the game that they are playing to his game (even if there may well be some overlap in such games).
Right now
Saylor's (MSTR's) average cost per BTC is about $74k. So 8k higher than the number that you gave.
Saylor has been increasing the quantity of his buys based on the price going up and more people willing to give him money, which contributes to his over all having way higher average costs per BTC than normal people would have if they were largely ongoingly buying bitcoin for the sllightly more than 5 years that Saylor has been buying.
Saylor's cost per BTC would likely have had been around $33k if he had been buying at around the same amount on a regular basis since the time that he got into bitcoin in August 2020.
Anyone can also get a general estimate of their average cost per BTC for any 4 year period based on where the 200-WMA is 4 years after their hypothetical start date.. .. and furthermore, the longer that a guy stays in and continues to accumulate BTC, then his average cost per BTC becomes lower and lower and lower than the 200-WMA.
Even based on your forum registration date, you should have average costs per BTC around $24k if you had been focused on buying steadily since your start date, yet you have proclaimed that you get value from shaving off various profits along the way in order to "improve your life."
And, yeah, sure you might be correct in regards to your own assessment of your own situation and what to do based on trade offs, yet I doubt that your practice has even come close to allowing you to have an average cost per BTC that is in the ballpark of $24k-ish per BTC or lower.. In other words, I would be surprised if your cost per BTC is lower than $35k, even thought they coud have had been with a buy and HODL strategy, and yeah, there are trade offs in strategies that involve selling corn on the way up and taking profits at various points in time along the way of the bitcoin journey to reap the benefits of bitcoin's ongoing price appreciation (and cutting out bitcoin's otherwise compounding value).
By the way, any of us can calculate average cost per BTC based on a BTC investing start date and a dollar cost averaging approach through any of the DCA calculating websites.
Another by the way is that even though I don't recommend Saylor's approach to bitcoin to individuals because he is dealing with other people's money, yet his approach to BTC does likely show that average cost per BTC may well not be as important as assuring the accumulation of more BTC rather than fewer BTC, even if the cost per BTC ends up going up.
A lot of newbies to bitcoin get caught up upon thoughts about their costs per BTC , and frequently I argue that even though they should not completely ignore cost per BTC, they likely should prioritize their accumulation of BTC rather than worrying about how much it is costing them.. so that they can make sure that they are ongoingly accumulating bitcoin for a cycle or two before maybe they start to moderate their practices to be less aggressive in their bitcoin accumulation focus... but, yeah of course, opinions are going to vary and guys can do whatever they like, even dumb shit.
Poll
