Or maybe you meant to say that you had 11 ounces of silver, which would be around $9,900? Call me confused, if you must.
I don’t have to call you confused. It is obvious.
True dat. At the moment, I kind of look like this guy.
Indeed. The funny part is you still don’t know why. Here’s a hint, your ability to properly value silver is about as accurate as your ability to predict a value for Bitcoin.
As I have said already several times, I don't try to predict.
Historically, I merely attempted to stack BTC until I had enough or more than enough with an expectation that BTC prices would generally trend UPpity.
That tactic worked out pretty well.
Just imagine that if you had attempted a tactic of erroring on the side of long and accumulating bitcoin 15 years ago, presuming that you had around 13 years of experience at the time that you came into bitcoin. You would have had killed it, rather than fucking around gambling with one of the best, if not the best of investment assets currently available to anyone and everyone as long as they have discretionary funds.
And, even after you supposedly recognized that bitcoin was a good investment (supposedly you figured that out around 2017), you still failed and/or refused to accumulate it rather than gambling with it. I doubt your story ends well, to the extent that your guessing is even replicable.
yeah but i dont think you are any better than jjg is.
You are free to think whatever you want. I hope we can all revisit these same arguments again in 2029. It is almost time to stop shooting the messenger though. I can see the bullish light at the end of this bear market tunnel, even if we are still months away.
Why would we need to wait until 2029 to recognize that your practices of trading and/or gambling are likely inferior to investing? Even though you proclaim trading is investing, as if there is a standard for investors that need to try to trade their bitcoin rather than mostly hanging onto their bitcoin and/or perhaps continuing to buy bitcoin to the extent that they had not yet gotten enough.
Some of us have already been accumulating bitcoin and even mostly established our bitcoin position for a couple of cycles or more, yet surely it is understandable that some guys might be still accumulating bitcoin, especially guys who have been in bitcoin less than a couple of cycles and/or who had failed refused to accumulate enough coins in their earlier years.
I am not trying to be a snob about bitcoin accumulation since I understand that surely guys who had relatively low discretionary income levels might have had taken longer to establish their bitcoin position since some of such guys (which I presume that a majority of folks are in such a position) might ONLY be able to rely upon their income as it comes in, and they don't have extra money that they can put into bitcoin or to be able to reallocate money from other investments into bitcoin and/or to be able to front load their bitcoin investment, yet guys who had around 13 years of investment experience before coming to bitcoin, those kinds of guys should have had funds beyond their regular income that they would have had been able to put into bitcoin.
I would think that surely any guys who have been in bitcoin since early 2018 or earlier, they should have been able to accumulate a decent bitcoin position and likely able to outperform any trading strategy as long as they had stayed focused on accumulating bitcoin through buying consistently, persistently, ongoingly and perhaps even aggressively and also erroring on the side of holding rather than beieving that they could accumulate more bitcoin by selling instead of employing buying strategies.
Of course you (OgNasty) have a bit of your own little problem in terms of still being in your BTC accumulation phase in spite of being in bitcoin for nearly 4 cycles... even though you are proclaiming that the first two cycles did not count.
Personally, I think that all of my cycles counted even though I had made some mistakes along the way, yet still despite some of my bad times that were mixed with good times, mostly the experience has been good. Bitcoin, a great place to put time, energy and value.
And the competition (to the extent that any competition exists) would be to try to make better versions of myself, so in that sense, I think that the benefit comes from having already had been in bitcoin as compared with if I had not been in bitcoin, rather than attempting to compare myself to some braggadocio dweeb on the interwebs. You think that there really is any kind of way to compare
dick I mean portfolio sizes? or that there would be any kind of a reason to attempt to do so?
Also, can one guy really compare himself to any other guy in terms of investment amount and various cashflow management considerations? There are guys who are in and out of their investment so maybe they put a certain amount of capital into bitcoin spread out over a period of time.. but then if they get in and/or out of their position, then are they getting in and out with all of their position or a portion of their position.
It tends to be difficult to prove a negative in terms of what would have had happened if some other way of investing (position size) might have had been played? in terms of the trade offs behind being in or out and/or the insurance of hedging other investments that he might have.
Maybe instead you want to make some kind of a bet related to 2029? or a bet regarding various ups and/or downs along the way? You already know that betting does not make any sense because each of us is betting with our own funds and even perhaps adjusting our position from time to time based on our own individual factors, and BTC price as compared with other places that money could go is ONLY one out of
9 factors to consider for any particular guy.
True dat. At the moment, I kind of look like this guy.
Indeed. The funny part is you still don’t know why. Here’s a hint, your ability to properly value silver is about as accurate as your ability to predict a value for Bitcoin.
yeah but i dont think you are any better than jjg is.
so, this is what people with piles of wealth (
multiples, it is claimed by some, of 0.21 btc values) do?
argue?
sounds fun. im in. how many 0.21 btcs do i need to join in this esteemed club?
disclosure of penis size is optional... not like "we" can verify it exactly.
And, yeah, maybe, with good reason, how are you going to know whether or not you win in 2029 if you aren't exactly sure about the beginning point or from when "we" are measuring? You better ask OgNasty about those kinds of details, to the extent that you would like to rely on that there cat regarding details.
And another thing, vapourminer, you seem to be asking too many questions, so maybe you need to be booted from the island?
#justsayingIf I had 25 - 35 btc I would be close to being wealthy.
These days, 10 BTC is a lot, too - especially for any guys who had been accumulating bitcoin for 6 years or less.
6 years would be 2020, and any guys who had been able to front load in 2020, would have had been better off, yet part of the problem that most normies have is that they are not able to front load in less than a year or so...
Remember in March 2020, Mindrust said that he had 10 BTC, and for sure there was a certain level of flippantness about who much work had gone into accumulating 10 BTC, whether him or anyone else.
Starting in 2021, it would have had been way more difficult to accumulate anything close to 10 BTC, especially for normal peeps.
These days it seems quite difficult for normies to be able to aspire to accumulating 1-2 BTC, which you say is your own current range of accumulation.
Yet a brand new person to BTC might not be able to get up to 1 BTC or more, even if he is putting $500 per week into bitcoin for the next 10 years. We cannot be sure, but it seems to take a pretty high level of seriousness to get up to more than 1 BTC, even if we might end up getting a bit more BTC price dippening from here (perhaps? perhaps?).
yeah even at 65k going from about 1.52 to 2.0 will not be easy to do. the mines will add around 0.0011 a day for 315 days or .34 btc maybe less that means .34 + 1.52 = 1.84
I still need to buy at least .16 coins along with the mining to go over 2.0 coins.
I could front load that right now if I want as it would be the rest of the silver sales. .16 is about 11,000 bucks
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