Quote from: sgk on December 31, 2017, 09:11:24 AM

Quote from: aesma on July 11, 2017, 09:01:18 PM

Quote from: David Rabahy on June 27, 2017, 12:30:44 PM

Agreed; my "HODL in all situations" is emotional. The original SSS plan is non-emotional. I have a small enough basis that I don't care if it all goes to zero in a flash; well, I will be disappointed but ok. Anyone taking more than an insignificant portion of their wealth into such risky investments should do it with a plan like SSS.

SSS is non emotional but it starts with a lot of money and only sells from there, each time the price doubles. That's not a realistic scenario for today. That's for people who bought/mined thousands of BTC when it was worth a few dollars or less.

Agreed. But the original idea remains same and you can modify according to your needs.

I actually created my own plan based on my portfolio. The gist is to maintain balance between fiat & crypto for risk management so that one doesn't outrun the other by a mammoth margin.

The various early July 2017 posts above by aesma go to show how out of touch he was in posting of nonsense and his various assertions that something like SSS does not matter to modern times, blah blah blah.. (you can read above if you want to see his exact nonsensical and ultimately wrong denigrations).

Surely, in summer 2017, some folks had been in bitcoin for a while beginning of 2017 or even earlier, and just from August 2017 to December 2017, we saw bitcoin go from about $2,600 to $19,666, which constituted more than a 7x BTC price appreciation, and good for any folks who had some kind of raking plan, rather than just sitting back and arguing that SSS is irrelevant to modern times. Roll Eyes

Of course, you do no need to follow the exact SSS plan described in this thread, and likely tailoring any profit raking plan to your own needs, views and timeline will be a good thing too.

So, having an SSS plan remains live and well today, to recent history and likely to our upcoming BTC future as long as you have accumulated some bitcoin, whether recently or further back in time.