Quote from: bitserve on January 18, 2020, 01:48:28 PM

It won't go to $400K you delusional fools!

If someone really needs $400K to be rich... you are doing it wrong and it is more Bitcoin what you need so that you can reach your goals with a much lower price.

Fools.

Hahahaha

had to re-post this for the mere hilarity of it, especially the "delusional fools" part, which is truly a deserved lil dig...

IOW... great points, bitserve. Cheesy

By the way, I would not say that BTC won't go to $400k, but surely no one should be counting on anything near that in order to be able to get rich, even though BTC prices might go there, it seems crazy to have to rely on such a scenario in order to profit stupendously.... Also, I am not asserting that any of the actual words of bitserve's above post should be changed, at all in order to clearly make the point(s) that he made

Quote from: bitserve on January 18, 2020, 03:06:55 PM

Possible, but unlikely. I refuse to SERIOUSLY consider such radically bulltard scenarios as it could lead to poor investment planning.

Only fools said "prepare for the best". Just no.

Totally agree; I think.

Seems that you hope for the best, and prepare for the worst. That is one of the secrets of making sure that you are not creating goals and expectations that are not realistic and/or setting yourself up for disappointment.. but at the same time, in bitcoin, your hopes for $400k should not go without any preparation.. just that $400k scenario is not the main plan, but instead the "prepared just in case plan".. the hopium that has some roots..

In other words, you are not going to find me cashing out at $100k or $200k or even $400k merely because I believe that those amounts are all a bit pie in the sky.. like bitserve suggested, don't need those amounts to be greatly richie... ...

In other words (am I running out of words, yet.. Oh, yeah, I almost forgot, I am a badly programmed bot, so I tend to repeat my lil selfie a lot) Wink

, if the better scenarios end up happening, you are still in profits.

Here's the example: you can hope for the best by having skin in BTC with the outrageous UP scenarios, so let's say that you prepare for $17k, or $35k, or $70k, but $400k ends up happening, you still have some stake in BTC in order to continue to cash out all the way up... but you also have to cash some reasonable amounts out along the way in case only $17k or $35k, or $70k, and some other lower than $400k amount ends up playing out.