Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
You are going to need more than 0.21BTC then.
Hi JJG: I see you repeatedly mention that figure and I wonder why. I remember years ago it was said to try to get your hands on at least 1 Bitcoin to secure your future . Perhaps 0.21BTC is the new 1BTC? I guess with the increase in demand, and price, with 7 billion people living in the world, having 0.21BTC can secure your future. Is that so? That's the explanation I give but I'm not sure if that's what you mean.
For sure, I am not suggesting that anyone should stop accumulating BTC way premature if they still have the ability to keep accumulating and they have not reached their goals, yet. The punch line to the current target of 0.21BTC is a kind of realistic acknowledgement that accumulating 1 BTC is starting to become way out of the reach of a lot of people - so we should want to attempt to stay realistic for the vast majority of people in terms of helping them to set reasonable targets that they can reach and then perhaps keep on moving the targets upwardly (if feasible and reasonable) once the lower targets are reached.
There only is one correct answer…..
JJG = wrong
There is never a target not 1 btc not 0.21….
There is not a goal to reach, there is a manner of lifetime strategy to work out, people just need to realize that BTC is the main asset to HODL on for life and just a thing to work with at any time not something to reach and stop….
You are not really saying anything too much different from me, except perhaps you are aiming at some kind of seemingly blind conviction that fails/refuses to attempt to account for individual particulars including psychology and finances.
In other words, we are not all starting from the same place in terms of our finances nor our psychology, especially in regards to an asset such as bitcoin..
yeah, we can start out with some ideas about "get the fuck off zero" and some of those basics, but then once we get past get the fuck off zero I doubt it is practical to assert that people should go all in.. that is a bunch of bullshit because normies are not going to do it.. and normies are all over the place in terms of their thinking about finances and their practices.. so there is some value in attempting to work with people from where they are at rather than hypothesizing them to already be in some kind of fantasy place that might have been reflective of where you were at when you got started, but even if you look at ur own lil selfie, and if you are honest with ur own lil selfie, you are likely going to appreciate that you were not likely very enlightened at all about bitcoin when you started, and you may well were not even enlightened about yourself and your then financial practices.
Bitcoin can provide a vehicle for any of us to learn more about ourselves and also to figure out what is going to be our investment goals.. and we might well need to stand before we walk, walk before we run, and run before we try aerodynamic moves. Probably a vast majority of us made some mistakes along the way too, and some of those mistakes have related to ways in which to attempt to tailor our bitcoin investment to ourselves which is not only learning about bitcoin but also learning about ourselves, too.
Are you proclaiming yourself to the be exception? the one who knew everything right from the start? that seems a pretty damned rare beast to me, even though I have seen quite a few people proclaiming to have known stuff way before they could have even reasonably known.. the baby genius is also a fantasy rather than a real thing that exists.