Many would say Bitcoin is going down instead of up and may even lose the appetite to continue holding and I honestly won't blame them cause it's no fun to be looking at price while it bleeds red but most times patience is always a rewarding factor. Do not give up guys!
I put in a new number of push-ups, doing 130 push-ups in two sets cause that's the number I'm hoping we end the year with and here's my report;
1[edit]00k, Majestic-milf,16,1510,2025-11-07
From my perspective, bitcoin is more suitable as an investment rather than a trade, even though sure a lot of guys still might do quite well in regards to trading bitcoin and shaving off profits from time to time.. but it is way better as an investment rather than as a trad, such as continuing to buy it for a couple of cycles and then figuring out ways to mostly hold it for life.. even if the bitcoiner might start to draw upon it after a couple of cycles rather than continuing to buy it.
Guys who give up are likely treating bitcoin as a trade and/or are overinvested so they don't likely understand the thing that they had bought... Hopefully guys in these parts are mostly recognizing bitcoin as an investment rather than a trade, even though surely I understand some guys also fuck around with trading and/or bragging about their trading (and likely worsening of their position, even though they believe they enjoy their gambling lil selfies), cough cough author of OP.
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It has become a habit to always watch how the price goes up and drops, that alone has a high chance of discouraging someone who doesn't have the mind to over look the market movement. You'd agree with me that many has already planned on cashing out instead of buying, is never easy when Bitcoin price is dragging holders to be on the losing side, they tend to make harsh decision that's not favorable.
Speak for yourself, since you seem to be struggling getting into an investment perspective and practicing bitcoin in an investment kind of a way.
As I mentioned in my earlier post, there are likely a lot o0f guys who need to just buckle down and ongoingly buy bitcoin for 4 years straight at any price (just figured out the amount that you can afford to buy each week) and then reassess if they need to change their practices after buying ongoingly and regularly for 4 years straight...
Of course, in the end, guys can do what they like, since it can be quite challenging for guys to transition (or is it transform) themselves into an investor's mindset when it comes to bitcoin.
There are still eight more weeks remaining in the year, so a lot can happen in eight weeks, and why would we (or bitcoin's prices) give too many shits about calendar years?
Regarding supposed artificial numbers, such as $100k, I know that we are having fun with this nice round number, yet I doubt that $100k is even close to as significant as people are seeming to make it out to be... it is like a bump along the way.. and yeah, there are buyers and sellers.
so what should we focus on? we need to choose a specific time to make a prediction. specific dates are chosen for things like this so that the progress of investments in bitcoin and other investments can be more easily understood. it's a very simple matter. isn't the end of 2025 a noteworthy time for you?
Of course, you can do whatever you like, even if it might not be good for you either financially or psychologically.. but whatever, you are in charge of your own life.
I have mentioned many times that bitcoin should be considered as an investment rather than a trade, and such investment likely has a 4-10 years or longer timeline, and most people it is going to be more than 10 years. The only reason to have less than 10 years would be based on age and/or health considerations.
So if you spend one or two cycles building your investment by ongoing buying, then you should not be getting overly distracted by short term BTC price moves, and you should be able to reassess where you are at in terms of building your bitcoin investment after one or two cycles to figure out if you might need to make some adjustments to your investment strategies based on the quantity of bitcoin you had accumulated and of course your other personal factors.
i'm not trying to imply that bitcoin's direction will change or the rally will reverse when 2025 ends. the end of a year is an extremely sensitive time when you can review everything. bitcoin's price doesn't move based on whether it's new year's day or not, but certain things need to happen to align with a pattern.
Why would you care if you are an investor? Perhaps you are buying $100 per week or $10 per week or maybe you are making adjustments to the amount that you buy based on your own ongoing discretionary income and/or other cashflow management factors that might affect your ongoing buying of bitcoin.
Fucking around with trading or selling to get more bitcoin comes off as gambling rather than ongoingly building your bitcoin, which is likely amongst the better of goals when it comes to bitcoin... but hey, you are free to come to your own conclusions and do what you like in terms of ongoingly getting distracted by price in your eariest of years of supposedly wanting to accumulate bitcoin.
what did you expect me to say?
I understand a lot of guys are distracted by price, and newbies should be happy to be able to continue to buy during dips, no matter their interpretation of causes for the dips, and surely no one really knows if the price is going to dip more or return back to all time highs, but still dips seem like great opportunities to continue to buy bitcoin, even if your overall bitcoin holdings is either less profitable and/or perhaps dipping into the negative value in terms of your average cost per BTC.
would it make more sense to you if i said, “bitcoin's price in 142 days and 6 hours...”? there are a few key times we know about in bitcoin. every 4 years there's a halving, every year there's new year's, and every year we look at what happened in that quarter 4 times. i don't understand why you're trying to be so contrary.
You can do whatever you like when it comes to your own accounting or if you are likely overly emphasizing bitcoin as if it were on some kind of a mandatory schedule.
these are my thoughts about the current status of bitcoin. first of all, i strongly believe that we are not going to see a new all-time high in 2025 anymore. that ~$125k move didn’t give me that euphoric feeling, of course, but now i think that was supposed to be it. secondly, a daily close below $100k is a huge thing regarding the bull run’s capacity. if the price continues to refuse to close below that level, we might see what we saw back in june.
as for advice, i’d say just keep collecting bitcoin. there are plenty of sellers to buy bitcoin from. time will show who’s right about selling/buying..
if you have ONLY been in bitcoin a few years, and especially for less than a whole cycle, i have a hard time imagining that you are even close to having had been able to accumulate enough bitcoin, unless you were able to move money into bitcoin from some other investments that you might have (also known as reallocating)
when someone expresses their opinion about bitcoin, especially since i've been doing it myself lately, i really don't understand why you keep repeating that i don't spend enough time on bitcoin and haven't accumulated enough of it.
Of course, you do not need to give your details if you don't want to, yet I have a hard time imagining very many circumstances in which a guy would have had been able to accumulate enough bitcoin in the past year and a half, especially given bitcoin's price action and even if a person were to be able to front-load or reallocate from other assets into bitcoin.
Surely, you are free to look at bitcoin however you like, and I am free to criticize such perspectives, to the extent that they seem to make sense to me within my framework of seeing bitcoin related matters or if I might recall any details regarding what you may or may not be doing.
Of course, this is a public thread so the ideas are not just about bitcoin as it pertains to me and/or you, but potentially various other ideas that might be applicable and/or interesting within the discussion of bitcoin prices and pushups.
what i wrote has nothing to do with accumulating bitcoin, but every time you quote me, you end up steering the conversation back to the same place.
Yes. Accumulation is the thing to do when it comes to bitcoin, especially guys in their early stages getting involved in bitcoin, and you don't need to agree with that framework. I personally believe that trading is a bad approach to bitcoin, so I will criticize it whenever I get a chance to.
i am aware that you have much more experience with bitcoin than i do, probably many times more bitcoin, and a very valuable position in this forum, and i respect that, but why don't you just let people discuss their opinions?
No one is stopping you from discussing your opinion, and surely if I don't agree with your opinion or I want to comment or question such opinion, then any of us can participate in such back and forth to the extent that we are even talking about anything that might make sense to ourselves and/or any other member participating in this thread.
yes, even in 20 years, the amount of bitcoin i have won't make me retire, but we always try to do the best we can. what is “enough bitcoin” for you? is it a whole bitcoin? is it 10 bitcoins? if you tell me, i'll know whether i meet your expectations or not.
You don't need to meet my expectations. Each guy figures out his own way of going forward with bitcoin based on his own circumstances. I personally think that if a guy is able to invest anywhere between 5% and 25% of his income into bitcoin, then it could take him anywhere between 4 years and 20 years to have had merely invested 1 year of his income into bitcoin depending on how high or how low within the range he is able to consistently invest into bitcoin.
Some guys are more capable than other guys in terms of how much they are able to regularly invest into bitcoin, yet some guys have built up investments and/or savings prior to coming to bitcoin, so they could reallocate some or all into bitcoin from those other investments in order to potentially make better progress in regards to their bitcoin accumulation goals (which apparently you give few shits about bitcoin accumulation goals since you might be too distracted by trading (ie gambling) or perhaps you also are distracted by shitcoins too.
Anyhow there are ways for guys (whether you want to or not) to measure their progress along the way of building a bitcoin portfolio and in order to figure out how to potentially transition from accumulation to maintenance and then to liquidation... and each of these are stages in a journey, in which we do not need to agree upon, where a person might be within their journey or even if they agree with the journey in the event that they are distracted by trading(gambling) and/or shitcoins.
It can take a long time to build up a bitcoin holdings, and even more time, if you are distracted... yet it seems to me that if a guy is able to get to a point in which the 200-WMA valuation of his holdings is equal to his target level of income that he would like to receive from his bitcoin, then he has reached entry-level fuck you status.. so of course, that level of income is going to vary from person to person, yet since 2020, I have frequently liked to talk about $80k per year as being entry-level fuck you status (and prior to 2020, I referred to $40k per year as entry-level fuck you status).
So,
right now, a person would need to have 14.585 BTC in order to be at default entry-level fuck you status that would presumptively allow a sustainable withdrawal of $80k per year and with a 7% increase in the dollar value each year perpetually (forever and ever and ever) into the future and surely the amount is going to vary from person to person.. and sure we can disagree about the various presumptions of the sustainability of such a model withdrawal system.
a person doesn't need to have spent years on bitcoin or have “enough” bitcoin to share their thoughts about it.
Of course, you can share your thoughts, and if they seem dumb then you might get unwanted feedback about those thoughts. Of course, if the BTC price is moving a lot in one direction or another (especially down) there could be some increased intensities in the kinds of disagreements that otherwise agreeable guys might enter into... and we may well even disagree about how to deal with such BTC price volatility and our opinions might become strong in those topics. No one is stopping you from talking, even if I suggested that you should be happy to be able to accumulate bitcoin, yet perhaps you don't really know what your purpose in bitcoin is since you may well be thinking about bitcoin as a trade rather than as an investment and therefore you consider that I am being overly imposing on you when I am proclaiming that guys should be accumulating bitcoin.
We can agree to disagree, yet I doubt you are going to stop me from suggesting that guys need to be accumulating bitcoin, especially newbies and perhaps anyone who have been in bitcoin less than a full cycle.. and surely there are a lot of guys who likely should be accumulating bitcoin for a couple of cycles or more whether they agree with that or not.. so in the end, if they don't agree because they don't see the value of bitcoin, then I am not going to agree with them, even though, sure, they can do what they like in terms of accumulating bitcoin or not and/or whether they agree that the accumulation of bitcoin is a goal that is suitable to their situation/circumstances.
everyone can share their own thoughts. it's up to you whether you take them seriously or not. but if you keep repeating this just to imply that my opinions aren't important, i want you to know that.
Your opinion is that I am not being nice enough to you? Is that it?
if you're doing all this just to tell me to keep accumulating bitcoin, thank you, i understand. but i'm already trying to do that.
Good. At least you agree that accumulation is a good goal, and so if you agree that accumulating is a good goal, then what is the problem? Just keep buying bitcoin, and if there is a dip, then that shoudl not affect you, unless you run out of money.
Bitcoin accumulation involves both the regular buying of bitcoin, yet it also involves the creation, building and maintenance of strong cashflow management systems/practices - which also include back up funds.. So surely, it can take time to figure out how to increase your discretionary income so that you can buy more bitcoin, yet if you are a young person, you might need to be working on your employment skills and abilities to earn future income, so it is not always clear whether it is better to focus on earning more and spending less to increase discretionary income or if it is better to work on employment skills. You are the one that has to figure out those kinds of details to figure out what might be your better path foreward and also based on
your own individual factors.
even though you're used to it, i don't really like making such long explanations, dear jjg. my head is really spinning. please allow me to report my push-ups.
10[edit]0k,blomen,69,9400,2025-11-07
It is up to you whether to respond.. and we don't have to agree.
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