Buy the DIP, and HODL!

[JayJuanGee]

[edited out]

I’m not patronizing, or making fun, or anything like that. I am simply scared to tell close friends, and family to buy during the current market cycle.

Sure, we might have some wee bit differing ways of framing these matters, and nothing wrong with that.  I can see that you may well change your emphasis a bit with people in regards to anticipating which way the price might go and if you have some sentiments regarding if the BTC price is currently at a bottom or a top, yet in my thinking that would not negate the formula to divide such BTC accumulation conceptualizations into three parts, even though it may well (and probably should) affect the deployment of those portions or might even cause some reallocations in the proportions regarding the three parts which to remind everyone (all readers) are: 1) buying right away, 2) DCA buying and 3) buying on dips.

I WAS forcing them, almost, to buy when Bitcoin was $5,000, $10,000, $15,000. But what did they do?

Sure.. people seem really reluctant, and there is ONLY so much that you can do in terms of evangelizing or however else you would like to frame your interaction approach.  And, sure I can understand how you may well come off with stronger recommendations during periods in which you believe there is a BTC dip versus when there has been a decent amount of BTC price appreciation.. and I know that I do a bit of the same in terms of a bit more or a bit less emphasis.. but I believe in the end, I am not really changing a whole hell of a lot because I do largely continue to tell people to get in and to devise a plan no matter the BTC price.. and sure they are responsible for how to tailor their plan, but if they are making long term plans that are a minimum of 4 years and likely a bit longer such as 10 to 20 years, then they should be able to account for likely interim volatility, including major BTC price corrections that may well take place along the way. 

I do have some problems when I am talking to more elderly folks who might not even feel comfortable with a four year minimum investment timeline.. but I do not stop from recommending BTC to them, but instead assert that the ideal is having at least a 4 year investment timeline and hopefully longer, and if they know that they are going to want to or be needing to withdraw value from BTC in a shorter period of time, then I surely am a lot more inclined to suggesting smaller investment amounts to them rather than what they might otherwise attempt to accomplish if their investment timeline was 4 years or longer.

Another thing is that I am not failing/refusing to account for possibilities that BTC might go to zero or some mediocre value in the interim, but those conceptualizations would largely go towards supporting any investment thesis that suggests not investing more than you can afford to lose which would include having a mental and financial framework in which such investor(s) is (are) willing to ride the investment down to zero in the event that such an occurrence would unfold in the coming years (which does seem a lot smaller in recent times as compared to when I started buying bitcoin in late 2013).   

If I am patronizing, I believe they deserve some of it. They missed a golden opportunity, which they have known because someone, me, was nagging them.

Don't get me wrong, I am not against chiding people from time to time who have been informed about bitcoin and failed/refused to act... but I am somewhat against suggesting that people who might unwittingly start buying BTC at the top of a cycle might not be able to retain and maintain and even adjust investment plans in such a framework that I suggest and to be BIG boys and girls in terms of having and employing a decent buy, accumulate and HODL strategy during such ongoing BTC price dippening cycles that may well extend way beyond expectations... but such accumulations of BTC during such times have historically proven to play out quite profitable in the longer term for almost every single bitcoiner who has not fucked around with trading but has employed relatively prudent strategies that emphasize BTC accumulation, stacking and HODLing.... so yeah, past performance is no kind of guarantee of future results, but whatever, bitcoin still remains a strong ass investment class with strong fundamentals which continues to deserve serious consideration including investing into it in something in the range that starts in the 1% to 10% arena and perhaps outside of that range for folks who study bitcoin dynamics and their own situation in a way to determine that it would be prudent for them to invest outside of that range.

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[JayJuanGee]

Yes I totally agree, however, before coming to the holding part, one should do research and find coins that are worth holding, as a lot of coins that I held on the last bullrun are now obsolete.   

The recommendations in this thread do not apply to shitcoins.

We are talking about bitcoin in this thread. 

In other words, fuck all the shitcoins (and that is every coin except bitcoin including ethereum and various other shitcoins that you might hold in high esteem and believe that they have some kind of value that does not hinge upon bitcoin's performance and security features).  You can contemplate your gambling investment strategies in regards to those coins in other threads.

Yes I totally agree, however, before coming to the holding part, one should do research and find coins that are worth holding, as a lot of coins that I held on the last bullrun are now obsolete.   

You can just hodl Bitcoin and other stable coins like Ethereum, finding a good new coin to hodl is very difficult and a lot of analysis is needed to make sure that you are not on the losing side, too bad that you lost a lot of your coins because of them being unpopular to the market. I wish that you would win back everything you lost back then.

Fuck ethereum.  These recommendations do not apply to such shitcoin.  Am I repeating myself?   

 

I was trying to accumalate right after every price drop in past rallies until 2018-2019 ico craze. After craze I lost my overall interest towards cryptocurrencies because I lost huge amount of money but I still bought some portion of bitcoin. And now I still made money, I realized bitcoin is too valuable to leave away. Strong hands always win as we are still in half early phase with Bitcoin. I also suggest people to buy everyother Dip ever happens.

You seem to be juxtaposing a vague concept that you refer to as "cryptocurrencies"...

Focus ur lil selfie...

Focus....

I was trying to accumalate right after every price drop in past rallies until 2018-2019 ico craze. After craze I lost my overall interest towards cryptocurrencies because I lost huge amount of money but I still bought some portion of bitcoin. And now I still made money, I realized bitcoin is too valuable to leave away. Strong hands always win as we are still in half early phase with Bitcoin. I also suggest people to buy everyother Dip ever happens.

I guess you already rich by now if you're accumulating from 2018 to 2019, I believe to those who buy bitcoin when it's low and hold for years they will win big. I tried to bought some bitcoin when correction happened and looking for an opportunity to sell when the price go up.

Nothing wrong with both buying and selling, but with bitcoin you need to keep in mind a few concepts when you are selling any of them.  First concept is whether you have reached your accumulation goals, so in that regard, selling bitcoin should serve as a kind of maintenance and insurance strategy, rather than a strategy to accumulate more bitcoin (even though tangentially it can work to accumulate some more bitcoin but it still does not tend to be very good in the category of striving to reach accumulation goals). 

Second, which does largely relate to the first, so maybe I am ONLY making one point, here, the amount of bitcoin that you sell should be decently small, and your BTC holdings should already be in profits when you sell.  So you sell on the way up, not on the way down, and you sell only a small part that you know for sure is in profits.  In my case, I had gone through my own situation and analyzed it quite a bit, but I had decided to sell ONLY in the ballpark of 1% of the value of my holdings for every 10% BTC goes up in value and that is after my BTC had been in considerable profits (something line more than 100% profits), and through the years, I have tweaked that sell percentage and I believe that I am currently selling much less than 1% for every 10% rise in BTC price, and I also use the proceeds to buy back BTC (like you mentioned) so if the BTC price goes shooting up or even if it has periods of correction, my quantity of BTC sold overall does end up being quite less than 1% for every 10% rise, and it is probably less than .5% these days..

I have not calculated out the exact formula recently.. but it is almost as if such formula does not really apply to my current situation since I am in something like 50x or greater profits (maybe even more), so such formula was more of a beginning framework for me when my BTC portfolio was in less profits and my BTC portfolio also involved what I considered to be "over-investing" in the sense that the amount that I had invested had exceeded my target accumulation which was meant to be 10% of my overall investment holdings, so considered to be "over-investing" from my perspective..   In any event, BTC's valuations have gone up so much that my "over-investing" of more than 10% had resulted in BTC price appreciation that caused BTC to be proportioned greater than 90% of the value of all my other investments, which also would suggest considerable amounts of liberty in ability to sell decently sized amounts of BTC without preoccupation about not having enough - which provides lots of liberties - even though after a considerable amount of thoughts regarding the matter (largely in early 2017), I do not subscribe to some of the traditional bullshit theories about forcing yourself to reallocate your investment portfolio on a regular basis to keep your holdings of whatever investment assets proportion to your initial allocation percentages, and so my practice has been more about letting my winner ride (which is bitcoin in this case), which is also an acknowledgement that the other portions of my investments that had previously constituted a bit less than 90% of my overall holdings remain in a state of being that they could continue to support me and my lifestyle even though now those holdings are ONLY worth less than 10% of my overall investments when we include the value of my BTC holdings into the mix.

So, I guess my overall point remains that there could be a variety of ways to consider how to invest into BTC based on which phase you are personally in regarding how much BTC you want to accumulate and then if you had reached your accumulation target how you plan to maintain your BTC in respect to your other investments and surely also there could be liquidation considerations that evolve too and maybe there might not be emphasis in liquidation stages unless there are reasons to consider that your timeline (life of otherwise) might be shrinking to 5 years or less.

[Wind_FURY]

Did anyone see this?

https://modernconsensus.com/adblock/crypto-critic-nouriel-roubini-microstrategy-ceo-michael-saylor-a-coke-addict/

When asked about institutional investors buying bitcoin Roubini, an NYU economics professor, launched into a diatribe about the first cryptocurrency not being an asset but a “speculative bubble”—which he’s said many times— before calling MicroStrategy CEO Michael Saylor a “coke head,” accusing Elon Musk of “market manipulation” and saying stablecoin-issuer Tether is a “criminal enterprise.”

How many years should Bitcoin as a network/protocol run, before nocoiners accept it as it truly is becoming a part of society as a household name, and the economy as a hedge against Central Banks/Fed?

HOW MANY MORE YEARS?

[STT]

Dip at the 2 day average was bought today and right now its regained above the 12hr average which is how the fastest gains occur over various periods.



still very bullish, hard to critique a price where the pullback is only to the 2 day average and it took a while to go that far.

[JayJuanGee]

Dip at the 2 day average was bought today and right now its regained above the 12hr average which is how the fastest gains occur over various periods.



still very bullish, hard to critique a price where the pullback is only to the 2 day average and it took a while to go that far.

Yep...

BTC has been seeming to float at the top of the range for a considerable amount of time, so buying the dip may have been noticed and acted upon in January with a $42k to $30k-ish dip.. but in the whole scheme of things, we have not been experiencing very many BIG and noticeable dips since about early September 2020.. and sure there were a few, but not many.. and with recent times in late January and early February, we continue to be largely floating at the top of the range and pushing UPpity here and there along the way.. which also makes it difficult for those who are waiting to buy on a dip to actually end up assuring that they might not lose out by waiting too much and NOT merely buying a bit of BTC every week (or whatever their cashflow situation) along the way.

[Wind_FURY]

Another dip? Don’t make it easy for another billionaire to get that thing that they want most from you. Your Bitcoin.

HODL.

[Wind_FURY]

It’s in the newspaper, it must be “real”.

But, he’s right. Bitcoin IS a Ponzi, but a natural-occuring Ponzi, LIKE GOLD, it relies on the market for price discovery. It’s not the same as a deliberate Ponzi scheme, like Bernie Madoff’s SCAMS.

[JayJuanGee]

It’s in the newspaper, it must be “real”.

But, he’s right. Bitcoin IS a Ponzi, but a natural-occuring Ponzi, LIKE GOLD, it relies on the market for price discovery. It’s not the same as a deliberate Ponzi scheme, like Bernie Madoff’s SCAMS.

That is almost fucking retarded for a supposed credible journal to be quoting fucktwat CSW as if he were some kind of important source in regards to "what is" or "what is not" bitcoin.  If not retarded, it might be bordering on professional malfeasance, but understandable there is a pretty long ass history in which misinformation is allowed to go into credible journals, especially when it supports various dominant mainstream narratives - including that all kinds of baloney propagations are continued to be allowed to be spread in respects to bitcoin including ongoing confusions and juxtaposition of a variety of "cryptocurrency" concepts that convolutes the whole idea of what is bitcoin in comparison to a variety of other projects that might seem to be related to bitcoin but they are not bitcoin. 

Smart money and some of the BIGGER institutions and better informed rich individuals do seem to know the difference in terms of also following their investments that ONLY include newly adding bitcoin to their balance sheets - so I suppose sooner or later actions are going to speak louder than words in terms of following where the money is actually going rather than some of the misleading ideas that go into some of the mainstream articles.

[Wind_FURY]

It’s in the newspaper, it must be “real”.

But, he’s right. Bitcoin IS a Ponzi, but a natural-occuring Ponzi, LIKE GOLD, it relies on the market for price discovery. It’s not the same as a deliberate Ponzi scheme, like Bernie Madoff’s SCAMS.

That is almost fucking retarded for a supposed credible journal to be quoting fucktwat CSW as if he were some kind of important source in regards to "what is" or "what is not" bitcoin.  If not retarded, it might be bordering on professional malfeasance, but understandable there is a pretty long ass history in which misinformation is allowed to go into credible journals, especially when it supports various dominant mainstream narratives - including that all kinds of baloney propagations are continued to be allowed to be spread in respects to bitcoin including ongoing confusions and juxtaposition of a variety of "cryptocurrency" concepts that convolutes the whole idea of what is bitcoin in comparison to a variety of other projects that might seem to be related to bitcoin but they are not bitcoin. 

Smart money and some of the BIGGER institutions and better informed rich individuals do seem to know the difference in terms of also following their investments that ONLY include newly adding bitcoin to their balance sheets - so I suppose sooner or later actions are going to speak louder than words in terms of following where the money is actually going rather than some of the misleading ideas that go into some of the mainstream articles.

That’s A-Game disinformation that Carlton Banks has warned everyone about. They want their narrative to be established in the newbies’ minds first before the truth, and feed lies into them. I hope some of them are smart enough to learn about Bitcoin.

[KryptoKings]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle, https://twitter.com/misir_mahmudov/status/1118243131584065537

Yes that's what exactly I am doing. I am buying dips, selling at high price then buy back again.
I will keep repeating this until I accumulate 1 whole btc

[Wind_FURY]

Say hello to the Schiffs. Hahahaha.



It’s Gold that never “eventually hit” $5,000.

Plus I believe I have some of my friends, and family who are secretly angry at me for discouraging them to buy Bitcoin. You were right JayJuanGee!

[JayJuanGee]

You have no other option. I joke about the whalecumulators, but what else can we plebs do? Buy the dip, and HODL! You do not want to end up empty handed on the next cycle, https://twitter.com/misir_mahmudov/status/1118243131584065537

Yes that's what exactly I am doing. I am buying dips, selling at high price then buy back again.
I will keep repeating this until I accumulate 1 whole btc

Usually the selling on the way up is not necessarily a good way to ensure that you are regularly and adequately accumulating BTC, and it really should ONLY be done with a small portion of your BTC - even if it may end up working for you, it is a form of gambling rather than assuring that you continue to accumulate more BTC.
'
When you are in a BTC accumulation phase, you should be buying regularly, buying on dips and HODLing and not selling.   Once you have reached your BTC accumulation targets, and maybe gone above and beyond your BTC accumulation targets, then at that point it might be fun or even helpful in some kinds of ways to sell small amounts of your BTC on the way up or on what seem to be BTC price peaks.  Also it will be best if your overall BTC portfolio is "in profits" when you are selling portions of your BTC or at least the portion that you are selling is in profits... and the more profits that the BTC that you are selling is in, the more of a justification to sell all or part of it.  

Note again, selling to gain more BTC remains a risky strategy, but selling for other risk management reasons or even as a kind of way of providing some level of downside insurance can be reasonable and prudent, depending upon how you structure and employ such BTC selling strategies.

Plus I believe I have some of my friends, and family who are secretly angry at me for discouraging them to buy Bitcoin. You were right JayJuanGee!

I was right about something?  that's good to know.    

[JayJuanGee]

But price is out of our hand.

Of course, price is out of our hands, but does not mean that we should not attempt to create and follow a strategy to do our best given our limited information about what the price is going to do exactly.  One of the underlying presumptions of my approach is having almost no clue about the short term BTC price direction, even though I presume that in the longer term, especially 4 years plus that the BTC price is going to be higher than whatever the BTC price had been 4 years earlier.. even there is no guarantee with that either.. so maybe even having a longer time horizon in terms of considering feeling some assurance that the BTC price is going to be higher helps to establish and to maintain an ongoing investing strategy that plans to accumulate BTC for the long term and thereafter to maintain once accumulation goals are reached.

For me, it is really hard to buy bitcoin, ethereum at this moment because price is so high.

Fuck ethereum.  Go talk about that shit somewhere else.  This thread does not necessarily presume ethereum to be in the same camp as bitcoin or even fucking close.. so these principles do not necessarily apply to such a piece of vaporware smoke and mirrors hype crap such as ethereum.

In regards to bitcoin, there have always been perceptions that the price is high, especially when it is in an exponential UPpity period of price performance, but that should not necessarily change your strategy to it nor your plan and practices to continue to accumulate.  Of course, opinions are going to differ in this respect, but in my thinking and even my own historical practices, I had aimed to reach my accumulation goals, and sure it can be better to buy on dips, but if you cannot really determine or even know how much a dip is going to be or if there is going to be a dip, then you likely still need to allocate a certain amount of your cashflow to just buying regularly and stop being so worried about if you might end up negative for a certain amount of time so long as you may well be prepared to continue to buy on dips, too.. if (and when) they happen.

But I will wait for next dip to buy more.

Sure.. that's your choice.. Let's say that you come upon an extra $1.2k that you did not expect to have so you are willing to invest all of that into bitcoin. Personally, I would recommend dividing that extra $1.2k into three parts (which would be $400 each).   1) buy right away with 1/3, 2) plug 1/3 into your hopefully already established DCA strategy and 3) plug 1/3 into your buying on dip strategy.  That's my own framework to suggest anyone to consider who considers themselves to be in a BTC accumulation phase and has not yet hit their BTC accumulation targets.

[CapGelatik]

But price is out of our hand. For me, it is really hard to buy bitcoin, ethereum at this moment because price is so high. But I will wait for next dip to buy more.

this month if you don't buy Bitcoin you can regret it, because the rumors that the price of Bitcoin this month is over $ 50k,
and we know that Fomo has come, look at the market now and you will know the answer, that the price is over $ 50k ,
Buy now, and sell before the correction comes next month.

[milewilda]

Say hello to the Schiffs. Hahahaha.
~~
It’s Gold that never “eventually hit” $5,000.

Plus I believe I have some of my friends, and family who are secretly angry at me for discouraging them to buy Bitcoin. You were right JayJuanGee!

These guys would just eventually have thought in mind that they're wrong and they had underestimated bitcoin and just like other traditional investors/big names out there.
Look at on what happened now? There would be some sudden change of words and insights for this Bitcoin milestone that even the entire community didnt even anticipated to happen.
Lucky for those who do able to get in early and feeling of regrets that do have doubted while its still cheap. Bitcoin never fails to impress and surprise us.

[JayJuanGee]

But price is out of our hand. For me, it is really hard to buy bitcoin, ethereum at this moment because price is so high. But I will wait for next dip to buy more.

this month if you don't buy Bitcoin you can regret it, because the rumors that the price of Bitcoin this month is over $ 50k,
and we know that Fomo has come, look at the market now and you will know the answer, that the price is over $ 50k ,
Buy now, and sell before the correction comes next month.

Huh?  You seem a bit out of touch with the theme of this thread CapGelatik...

[LUCKMCFLY]

But price is out of our hand.

Of course, price is out of our hands, but does not mean that we should not attempt to create and follow a strategy to do our best given our limited information about what the price is going to do exactly.  One of the underlying presumptions of my approach is having almost no clue about the short term BTC price direction, even though I presume that in the longer term, especially 4 years plus that the BTC price is going to be higher than whatever the BTC price had been 4 years earlier.. even there is no guarantee with that either.. so maybe even having a longer time horizon in terms of considering feeling some assurance that the BTC price is going to be higher helps to establish and to maintain an ongoing investing strategy that plans to accumulate BTC for the long term and thereafter to maintain once accumulation goals are reached.

For me, it is really hard to buy bitcoin, ethereum at this moment because price is so high.

Fuck ethereum.  Go talk about that shit somewhere else.  This thread does not necessarily presume ethereum to be in the same camp as bitcoin or even fucking close.. so these principles do not necessarily apply to such a piece of vaporware smoke and mirrors hype crap such as ethereum.

In regards to bitcoin, there have always been perceptions that the price is high, especially when it is in an exponential UPpity period of price performance, but that should not necessarily change your strategy to it nor your plan and practices to continue to accumulate.  Of course, opinions are going to differ in this respect, but in my thinking and even my own historical practices, I had aimed to reach my accumulation goals, and sure it can be better to buy on dips, but if you cannot really determine or even know how much a dip is going to be or if there is going to be a dip, then you likely still need to allocate a certain amount of your cashflow to just buying regularly and stop being so worried about if you might end up negative for a certain amount of time so long as you may well be prepared to continue to buy on dips, too.. if (and when) they happen.

But I will wait for next dip to buy more.

Sure.. that's your choice.. Let's say that you come upon an extra $1.2k that you did not expect to have so you are willing to invest all of that into bitcoin. Personally, I would recommend dividing that extra $1.2k into three parts (which would be $400 each).   1) buy right away with 1/3, 2) plug 1/3 into your hopefully already established DCA strategy and 3) plug 1/3 into your buying on dip strategy.  That's my own framework to suggest anyone to consider who considers themselves to be in a BTC accumulation phase and has not yet hit their BTC accumulation targets.

It is true, right now what matters is Bitcoin, ETH and any other alternative will always depend on Bitcoin, the way you recommend using that $ 1.2k made me remember from the book when Livermore, a big speculator of the stock market, around the 1800s, I would if I was in the Bitcoin market, I would only buy Bitcoin, perhaps the alts for Short and gain from its falls while Bitcoin would continue to rise in price. ... although he often took 50% of the profits to enjoy that money, be it on vacation or something similar with his family.

[JayJuanGee]

But price is out of our hand.

Of course, price is out of our hands, but does not mean that we should not attempt to create and follow a strategy to do our best given our limited information about what the price is going to do exactly.  One of the underlying presumptions of my approach is having almost no clue about the short term BTC price direction, even though I presume that in the longer term, especially 4 years plus that the BTC price is going to be higher than whatever the BTC price had been 4 years earlier.. even there is no guarantee with that either.. so maybe even having a longer time horizon in terms of considering feeling some assurance that the BTC price is going to be higher helps to establish and to maintain an ongoing investing strategy that plans to accumulate BTC for the long term and thereafter to maintain once accumulation goals are reached.

For me, it is really hard to buy bitcoin, ethereum at this moment because price is so high.

Fuck ethereum.  Go talk about that shit somewhere else.  This thread does not necessarily presume ethereum to be in the same camp as bitcoin or even fucking close.. so these principles do not necessarily apply to such a piece of vaporware smoke and mirrors hype crap such as ethereum.

In regards to bitcoin, there have always been perceptions that the price is high, especially when it is in an exponential UPpity period of price performance, but that should not necessarily change your strategy to it nor your plan and practices to continue to accumulate.  Of course, opinions are going to differ in this respect, but in my thinking and even my own historical practices, I had aimed to reach my accumulation goals, and sure it can be better to buy on dips, but if you cannot really determine or even know how much a dip is going to be or if there is going to be a dip, then you likely still need to allocate a certain amount of your cashflow to just buying regularly and stop being so worried about if you might end up negative for a certain amount of time so long as you may well be prepared to continue to buy on dips, too.. if (and when) they happen.

But I will wait for next dip to buy more.

Sure.. that's your choice.. Let's say that you come upon an extra $1.2k that you did not expect to have so you are willing to invest all of that into bitcoin. Personally, I would recommend dividing that extra $1.2k into three parts (which would be $400 each).   1) buy right away with 1/3, 2) plug 1/3 into your hopefully already established DCA strategy and 3) plug 1/3 into your buying on dip strategy.  That's my own framework to suggest anyone to consider who considers themselves to be in a BTC accumulation phase and has not yet hit their BTC accumulation targets.

It is true, right now what matters is Bitcoin, ETH and any other alternative will always depend on Bitcoin, the way you recommend using that $ 1.2k made me remember from the book when Livermore, a big speculator of the stock market, around the 1800s, I would if I was in the Bitcoin market, I would only buy Bitcoin, perhaps the alts for Short and gain from its falls while Bitcoin would continue to rise in price. ... although he often took 50% of the profits to enjoy that money, be it on vacation or something similar with his family.

Well, in part I picked $1.2k because it is pretty easy to divide in 3 (or even to divide in other quantities if someone wanted to consider some other ways of dividing it).  Also, it seems to be a realistic amount of some quantity of money that a person might find themselves having "extra" but then again, even with a modest amount, such as $1.2k, the amounts start to seem really small when they are plugged into a formula that recommends an initial dividing into 3 parts.  Some people might only come across an extra $300, and if they try to get involved with various shitcoins, as well as bitcoin, then they are going to be diluting their bitcoin investment, but hey peeps are going to do what they are going to do, and really focusing on bitcoin, at least in the early days, does help to reach the accumulation goals more quickly or at least to start to feel, at some point, that a meaningful stake in bitcoin is starting to become established.. and sure the more that a meaningful stake is established, then at least the person will start to feel some empowerment and perhaps even some flexibility to alter the initial strategy that may have ONLY been focusing on bitcoin and maybe to consider some other allocations or diversifications (after having had gotten decently more established in king daddy).

[Wind_FURY]

I have seen many Bitcoiners post on Twitter that they expect to surge fast to $100,000 after Bitcoin breached $50,000. I don't believe it. $50,000 will be the new $10,000 with the price going above and below that point, and with nocoiners having a new narrative of, "Who buys Bitcoin priced at $50,000". HODL!

[pooya87]

I have seen many Bitcoiners post on Twitter that they expect to surge fast to $100,000 after Bitcoin breached $50,000.

These are mostly the same people who were also saying recently that price will "surge" down to $10k when it dropped a little when it was stuck behind one of these resistances such as $50k itself that are now the strong buy support.

In any case I don't think we are going to see the big surges that some people were hyping, it is too soon for them. Those big surges will come near the end of the bull run when price is closer to $500k.