we are still below the 2021 peak (inflation adjusted at 84k)
btw this is my 3000th post!
Doesn't feel the same to me.
#Just saying.I feel way richer than guys who had been low coiners or no coiners since 2021.. but yeah, of course, many of us longer term guys accumulated most of our bitcoin prior to 2021.. so there is a lot of power in that too.. making it through 2020 and the March 2020 crashening - how did many of us deal with those times? Were we accumulating bitcoin or just holding through that period? I think that many of us are in great shape as compared with folks who might have had invested in other things since 2020.
Which competitor do we need to discuss? I know that in recent times, some guys were whining about gold... which may seem like "woa is me," yet I doubt that the bitcoiners are in a worse place than the gold bugs.. especially if we even have a longer timeline.. but maybe even the guys who mostly accumulated their bitcoin prior to 2021, I would imagine they are going to be in a muhc better place than the gold holders, especially if we go a fews more years (even 4 more years) down the road.. .
Some guys need 4 more years, and other guys are good right where we are at, even without 4 more years.
Don't get me wrong.. I am not against number go up. It would be nice to short-cut our current bear market and even perhaps reck a few bears along the way too..
I don't mean to pry too much (maybe I do?), but did you buy back (any?) yet?
No I didn’t JJG.
Price didn’t go low enough for me to feel like buying back. I am fine with that though, I prefer the bottom is in. I gain a lot more by us mooning.
If it goes below $55,000 I will buy back.
You are the judge of your own balances, and I would imagine right now the odds of hitting something like $55k-ish might be right around 50/50.. perhaps?
I am not the greatest at assigning odds.. and surely, my holdings are always biased in favor of Up. .
Sometimes I don't want to analyze the matter or even look at the various what ifs.. since it is not like I would have had been inclined towards doing anything much different than what I usually do and the ups and downs and the systems that were followed are like water under the bridge in terms of the following systems that were already in place, and it is not like I am going to make any major changes to systems that I already have in place..
It might be like the Jimbo outline of a situation like this.. If I were to have some expense (whether it is a need or a want), I could cash out some BTC, and I wouldn't be bothered much either way... . .even though surely many of us still prefer to sell if the price is up or mostly up, rather than the other way around.
Relative to the BTC prices in 2025, we are relatively down, yet relative to the BTC prices in 2016, we are relatively up. So there is that angle, too.
(whoops.. the second one was an accident.. hahahahaha.. I accidentally hit refresh on the wrong page). Full disclosure.
I have a sell order for 0.1 BTC @ $83k that's waiting to be filled. Has been there for a while. This is the last in a series or sell orders I've been laddering throughout last year's bull (ATH) run.
Why? When this last sell order gets filled, I will have taken back the entire amount of fiat I've ever invested in Bitcoin over the course of 11 years. Due to Bitcoin's phenomenal price appreciation over the years, this fiat amount is not extremely large, but a good enough chunk of fiat to "live like a king for a few years", to use LFC_Bitcoin's way of putting it.
I know the above may seem (and it probably is) totally irrational, but it serves two purposes for me. One: the game becomes a total and undisputed win-win case (as if it wasn't already), which satisfies me psychologically. Two: I end up with a good chunk of fiat that I can readily start using for LHB-type activities (OK, a bit of an exaggeration here, but, let's call it "having fun").
The amount of BTC spent to achieve the above was just some leftovers sitting idle on an exchange. Cold storage wallets completely unaffected.
Feels odd, I kind of feel like a fool, but a happy fool, LOL.
She looks a bit stiff... But OK, she's a girl, she has her moments...
Her eyes are still crossed too..
From the perspective of this here cat, the suck eyes seems like too much book reading at close distances.
Hello happy fool.
#nohomo I kind of lost track in regards to what was house money and what wasn't house money... Even though I proclaim to not really sell too much bitcoin, yet at the same time, I probably already got my initial investment out a couple of times or more already (even though it was not really even a goal), but I just cannot remember if I put that money back in or not... so how can some of this be so confusing?
sometimes.. I could go through and try to figure things out, but that would be a lot of extra work.
BTC will have a +10K$ day imo.
US markets are at all time highs, the Nasdaq keeps pushing up, some investors are taking profits and part of that flow is moving into Bitcoin.
BTC will likely reach 100K within 30 days, especially with so many short positions still to be liquidated.
BTC will likely NOT reach 100K within 30 days. That's crazy talk. I'd bet you but I don't want your money. We're seeing a bubble up right now as people are buying the rumor of the Clarity Act passing, which I believe will be a sell the news event. We'll see though. My portfolio would benefit much more from your scenario so good luck to us both I guess.
You are probably correct OgNasty. The $100k in 30 days seems bettable.... I wouldn't want to take it, but I might be willing to take any of your expectations of lower than $50k before October 1... though I don't really want to interact with you in any kind of a meaningful way including involving money... for reasons. It would be too painful.. .why torture my lil selfie?
Poll
