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Losing half of ones net worth, while making 15K in income over a 2 and a half month period is hardly killing it. It is actually a disaster.
For some reason, I did not let the so far 53% drop in BTC's price get to me in an emotional way.. so you are seeming to have some disproportional issues with that.. as if you are a newbie rather than someone who has had time to accumulate a decent BTC stash.
Of course, I am having some difficulties with some of the exact calculations, but for ballpark purposes some of us might be able to concede that there may have been BTC bought and sold at a variety of prices over the years, and let's just presume that various mistakes were made along the way, too.
So even if some of us may have been in BTC for about 7.5 years (and based on your forum registration date, maybe you and I would be in a very similar position somac?), so maybe we could even concede that our average price per BTC was around $1k per BTC. Wouldn't that be more or less fair?
Much easier to calculate impacts of price changes with a round number, no? So if our portfolio dropped from about 65x profits down to about 30x profits, I am having some troubles feeling the supposed trauma of such a BTC price drop.
Even though I was buying BTC through 2013, 2014 and 2015, I felt a bit more uneasiness for that period, but even if we assume a similar level of costs per BTC, in 2017/2018 we had a price drop from 20x to 3x, so for some reason with the more passage of time, there seems to be some decent cushion in terms of the amount of the fall in the BTC price.
I am not going to even say that I have one BTC, but let’s presume someone might have 100BTC, and so a drop from $65k to $30k would be a drop from $6.5million in value to $3million in value.. but it is still better than a drop from $2million to $300k, no? So if you have been able to hang onto some of your BTC over the years, then there should be a bit of a cushion there?
Again, for some reason, I am not feeling the level of panic that you seem to be feeling, somac.
Now, something you will never understand is that you a piece of shit, everyone else can recongnise that, but you never will.
I suppose that I do not understand, and probably I don’t care if you and maybe a few others might not like me, but I am not going to let it ruin my day.. or even to get all upset in my posts.
So just accept your limitations and stop thinking you know better than everyone else, you don't.
I presume that you are referring to limitations in my abilities to manage my finances rather than in my ability to get along with others? You are a bit convoluted here, but I doubt that I was even panicking as close to you in the past few days, which seems to be a sign that I have good financial and psychological management relative to you.. no?.
Furthermore, I do not presume that I know better than everyone else, because I believe that each person should be attempting to tailor his approach to his own situation including his own limitations and then figure out the extent to which (if at all) he will want to interact with any other member(s) in this thread.
It’s hard for me to see that there might be some kind of other important or material problem with my post style or content.. and seems a bit distracting to even consider the matter. For example, I recall in 2016-ish or maybe it was 2017, there were a lot of guys in the thread telling me how much they hate me on a regular basis and how the thread would be better without my participation blah blah blah.
I have continued to participate… sucks to be you guys forced to read my stuff, and the thread seems to be going just fine, and I hardly even modified the extent of my attempts at contributions to the thread, even though some peeps have said that they do not like me on a regular basis.. hahahahaha
In other words.. hardly news to me, somac, so I am having difficulties understanding the point that you are wanting to make, except wanting to let me know something that I already know – not to get too self-absorbed with baloney talk about how much my content or I may or may not be liked… a BIG whooptie-doo, no?