Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 10/04/2019, 07:24:32 UTC
I was 1 BTC away from my cryptowinter accumulation goal. I'm still holding out hope for a $1,000 discount from here  Tongue

I’m 2.1BTC away from a round number that I set myself as my total HODL stash. I might be able to reach it if we stay in this range until maybe Xmas.

If not then whatever, I have enough. Just a bit of OCD wanting to reach a certain figure.
I am 16.15BTC away.

I'm a bit more than 16.15 BTC above my number.  You can have some of mine, since you are so nice and sweet.   Undecided

I am only 4.5BTC away from 10btc. It'll take a while if bitcoin keeps rising like this. 5 was my first target and I accomplished it a few weeks ago. 10 is next. 21 is after that. I'll probably cash out to lambo (by lambo i mean whatever i like) before I reach 21 but who knows.

Tone Vays says sub $3k, even sub 2k is still possible. I might get 4-5 coins instantly if that happens.
[...] So let's say, for example, my goal were to reach 21 coins, but I felt that I should acquire 50% above my goal just to be comfortable, which would be 31.5 BTC.  Of course, once I reach the 31.5 BTC, I could reassess my goals, or I can figure out a way to play with that.. and maybe continue to keep 31.5BTC as my goal, but realize that 21BTC would be enough too.. .based on subsequent events and reassessments.

Enough bitcoin does not exist I shamefully learnt over the years. Each time you reach some imaginary goal you then want to aim for the next interesting or round figure. Examples of milestones probably sounding familiar to some:

'1 out of 21 million', 'same amount as decimal places', '1 out of 10 million', 5, 10, 'a 12.5 block', '1 out of a million', 'a 25 block', '1 out of 500k', 'a 50 block', 'stacking blocks of various sizes', '1 out of 100k', '1 out of 10k', '1 out of 1k', 'I save a few extra for family members', ...

I have not learned that, at least not for myself.  Of course, the way a guy assesses the circumstances and the BTC accumulation and maintenance goal(s) is likely to change with the passage of time, but merely the reaching of BTC accumulation and maintenance goals and perhaps the increasing of the goals to allow for cushioning should not cause a forever trajectory to want more and more and more.

Part of the reason that it becomes comfortable to set higher BTC accumulation and maintenance goals would come from the dropping value or at least some of the feelings of uncertainty coming through volatility (namely downward volatility that many of us likely noticed happens from time in bitcoin). 

When the opposite happens, namely bitcoin prices goes shooting up, at some point, there should come a realization that a BTC accumulator/maintainer has largely reached and sufficiently surpassed his/her goals.. and therefore, any extra accumulation becomes icing on the cake rather than some kind of ongoing stressful motivating factor.

Of course, if a guy/gal has some psychological issues, such as never wanting to be out of the ratt race, then of course, the pursuit of more and more and moar is going to continue to place demands on such person(s).