Quote from: Globb0 on June 06, 2018, 10:48:25 AM

Quote from: JayJuanGee on June 06, 2018, 08:43:18 AM

Quote from: Globb0 on June 06, 2018, 08:17:31 AM

JJG no need to envy those using the leverage. When they get burned, they really get burned.

I am thinking that I may have over-spoken a little bit because I am really happy with my system because it does work at accumulating value by slowly but surely accumulating more BTC over time, but sometimes, I get feelings that are likely similar to a lot of people when they second guess that they "could have done better if.... "

I have files and notes that I can look back at, and those files and notes show my fairly conservative projections of my BTC investment at various price points, and the fact of the matter is that whatever I am doing currently is working because what I am doing results in more BTC than I had projected that I would have had at this time and price point...

What I have been doing and attempting to do has been to build more BTC.., but the BTC builds in such a seemingly slow way that sometimes it is difficult to recognize the short-term measurements from just one up and down price movement.. For example if BTC prices go down 10% and then return UP to where they were by coming up 10%, and perhaps, I build .1% of my holdings or even less, yet if I look at my old notes, and I see the BTC price projection and quantity of BTC projections that are shown for me at certain price points, I see that within my current BTC holdings, I have accumulated a decent quantity more BTC than I had projected that I was going to have at these same BTC price points (so in that regard, I can see that my system is accomplishing its objective by slowly but surely building BTC and taking advantage of seemingly inevitable volatility).

Another thing, that you seem to be suggesting Globb0 is that some of the leveraging and overplaying of hands can frequently result in BIGGER losses than the gains that are reported. Yes, I recognize that a gambler frequently doesn't discuss the losses, yet there are guys here that are engaging in similar strategies to stack and stack and stack, and hopefully we are getting ahead, learning from our mistakes and learning from each other, too.

"could have done better if.... " sounds like a good thing. Post match analysis. Feedback loops. Iterative. Continual improvement. Say this. A learning loop beats a learning curve.

Of course the leverager's can also learn lessons and improve, the winners survive in the end I guess. They employ tactics and method that might stump the newer user who has not yet leaned those costly lessons (that could easily be fatal)

I have to say I prefer the sound of your steady 0.1% vs Hollywood or bust. Still does fortune favour the brave? well I suppose not all of them. Anecdote after anecdote. Sorry.

It seems that I have always invested with a kind of incrementalism, and dollar cost averaged into things, but I have never had any investment that I could microcontrol so much. I recall with earlier investments, there were a lot of limitations in moving in and out and waiting periods, so bitcoin has been great in that regard. It also has been great in it's level of appreciation. Of course we have heard about some company stocks that have experienced similar level of appreciation, but I had not ever gotten into those - and certainly index funds do not tend to blow upwardly with such intensity. Lucky if you can 2x in 5-7 years with index funds. With bitcoin, we have had nearly 80x price appreciation from $250 in October 2015 to $19,666 in December 2017... but even with our current price drop to $7,600 we are still holding onto a cool 30x.... and we still seem to be towards the beginning of the first inning, no?

By the way, I like your assertion that both leveragers and non-leveragers can learn how to profit, and I will admit to be guilty of engaging in some leveraging, even though I would not play around with that margin crap manipulated leveraging on exchanges.

Anyhow, Any of us who have bought into bitcoin should not only be able to figure out ways to profit, but also realize that this is an accumulation phenomenon, and get the fuck out of here with you bear naysayers that keep preaching the inevitable fall to below $3k that may well not happen and that may well trick WO guys and gal out of their coins... .so even if we screw things up, as long as we are working on accumulating BTC, it just remains a matter of how rich we will become rather than whether we will be rich at all.

I recall in 2014, I was buying all the way down from $1,200 to $180, and I recall a few times in the $400s to $700s, bitchick would post that it did not matter how much you paid for the bitcoins, even if between $400 and $700 that sooner or later, the $400 to $700 coins would no longer be available and seem like a bargain...... It took a couple of years of her seeming to be wrong, but eventually she was correct... Irony of that story is that I mostly hung on and kept buying bitcoin's but bitchick's husband sold a decent amount of their stash when bitchick had gone on vacation or something... .. so spousal situations can lead to differing opinions and differing approaches and not quite a consistent way forward (sometimes based on compromise).