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Regarding "depressed", I wouldn't be at 30K or 37-38K, so it is mostly academic.
I would be sad if bitcoin completely vanishes, but it is not in the "cycles" afaik
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I would likely start to get a bit depressed if we go below $45k, and maybe even getting wee bit depressed earlier than that, even though I would still be in 45x profits (more or less).
I would think that my 45x in profits (if we end up going there?) is likely way better than OgNasty's ability to buy back for 1/2 price or even 1/4 price, even if he were able to achieve such a feat... which is probably in his imagination, alone (absent his inclinations to spin and exaggerate, which he is quite inclined to engage in those behaviors and he even seems to persuade a few gullible folks in regards to his supposed self-proclaimed BIG BALLER status)..
And, gosh, a world without bitcoin, as if it were to go to zero: That would be difficult to imagine. There would be quite a few depressed peeps that would come out of such a development, and surely wondering the implications of such an outrageous outcome were such a thing actually play out or be able to play out.
yet, for sure OgNasty is still smarter than the rest of us dummies who are active in this thread, and even his having had supposedly sold most if not all of his 20 coins in this last price run, may well end up with way less than 20, if he does not end up buying them back. .since besides his lack of humility, he seems to be a bit of a greedy ass fuck too.. hahahahaha.
Why do you pretend you know how much BTC I have?
I have a working theory - that is actually a pretty good one.
Why do you sell 4% of your stack every year?
Within my authorization I could sell up to 10% of the 200-WMA dollar value as long as the BTC price is at least 25% above the 200-WMA.
I don't even sell close to my authorized levels.... which is not really a big deal... especially if we might recognize that overall my holdings are in the ballpark of 70x higher than my costs.. so I could sell various small percentages at any time and it is not really changing my portfolio size by very much..
And, yeah, my profit level (on paper) went from about 126x and down to as low as 60x, and now (as I type) floating around 70x... not really a BIG deal.. at least I have coins rather than being in dollars and having hypothetical coins, which seems to be your current status after selling most, if not all, of your coins.
Even if I might say that in 2017 through 2020, my average cost per coin was in the ballpark of $1k per coin, so if you might recall that the BTC price went up to $19,666 in late 2017, so that would be around 19.6x in profits, and then we had bitcoin corrections that spent quite a bit of time in 2018 through 2020 in the ranges of $3,124 to $10k for much of that time, event hough later, especially starting in late 2020, we largely broke above $20k and stayed above $20k, so maybe the hardest time was at various points between 201 and 2020 to have dips that brought my holdings to get as low as 3.124x in profits.. .. so yeah those were tougher times to ONLY have profits in the 3.124x to 10x territories... as compared to the supposed pain these days of only 60x to 70x profits (on paper) and your prediction that my profit might go into the 30x to 50x territories, which may well be your little fantasy rather than anything that really ends up happening in the real world. Yet you still have the ongoing dilemma (based on lack of fulfillment) regarding when and how to buy back..
Why don’t you do ANYTHING to support Bitcoin?
You seem to be arguing from a position of desperation, to the extent that any guys (including yours truly) have any obligation to do anything for bitcoin.
You have shot yourself in the foot by failing refusing to hold bitcoin, while you are trying to put yourself out there as a bitcoin expert and even a trading expert, yet even in your last trade, you have turned yourself into a low coiner or perhaps a no coiner and you are bragging about it, as if that kinds of an approach to bitcoin were a good idea.
You are free to do whatever you like, yet when you are bragging about being smarter than everyone else, then that seems both incorrect but also contrary to your own facts of selling way too much coins too soon in 2017, yet you want to proclaim that dumbass mistake does not count... like you did not know any better or that you did not know about cycles and blah blah blah, even though claiming yourself to be an expert. Those are not even my words. You are the one who said that you were an expert.
You are a leech. A flea dangling from the nuts of Bitcoiners like myself. Clinging for dear life in the hopes you can sell Bitcoin like a market parasite the rest of your life to support yourself. You are pathetic and a negative addition to Bitcoin. You should honestly be ashamed to post here.
I have bitcoin and you don't, even though you claim to have been profited by selling most if not all of yours.
I doubt that guys are concerned that guys are selling some of their bitcoin from time to time, especially if the guys have reached overaccumulation status - to the extent that you could even imagine what overaccumulation status is.
Sure, your goals might be greater than being able to have a mostly passive income from bitcoin, yet if you were to have
20 bitcoin right now, then you could still withdraw right around $8,800 per month (or $105k) per year (and with an ability to increase your dollar withdrawal rate by 7% per year forever and ever), so sure maybe you have a goal to have more bitcoin before you start to withdraw from your bitcoin - to the extent that you even understand how to deploy such a practice.
For sure, there is a considerable amount of latitude in terms of how guys might choose to manage their bitcoin holdings once they have reached a status that the consider to be enough or more than enough bitcoin.
In one of your earlier posts, you seemed to be having a dilemma whether you would be buying back your bitcoin or perhaps getting into some other kind of a potential investment with whatever proceeds that you might have from the bitcoin that you supposedly sold.
Sure, perhaps you are the more true bitcoiner who is just considering his options... Right? I doubt that any of us is really proclaiming that there is ONLY one way to be a bitcoiner, yet it seems like when claiming to be a good bitcoiner, it would help to have some bitcoin.
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