Quote from: JayJuanGee on Today at 05:50:52 PM

Quote from: AlcoHoDL on Today at 11:20:36 AM

If you're worried because of the recent dip, you're not doing it right.

Zoom out and enjoy the view.

@LFC: I hear you, but don't worry too much, it will come, and soon. In fact, I'm looking forward to buying my next $1k+ smartphone with your $50 prize money (there will be change for the beers too). When this happens, Bitcoin price will be at $180k+ and we will all be ecstatic. And it will happen sooner than many of us expect.

Onwards & upwards.

HoDL.

Edit: Fixed typo.

Initially, I was going to suggest not to spend the $50 bucks - but hey, we should be trying to be "real" about these kinds of matters, and at some point it will be just great to pull that trigger.. It's not like your only BTC, even though it has some symbolic value... but jeez.. $180k does seem like a nice target price for that $50 sale.. and decent (though not guaranteed) abilities to exercise such option in this particular cycle, rather than having to wait for another cycle.

By the way, I have had some of my own BTC portfolio management issues in the past, and I have created a new goal to attempt to at least hold onto my 0.63BTC (which is three times our current newbie entry stacking goals) through this whole cycle, even if the BTC price goes up to $180k.. so that HODL stash would be $113,400 in value at that time... (not trying to count chickens before they hatch, but great, great.. feels good man.)

Quote from: xhomerx10 on Today at 01:43:08 PM

Quote from: dragonvslinux on Today at 07:28:29 AM

[edited out]

We can all participate in an experiment but we'll need a control group to sell all their bitcoin now while the rest of you hodl. The next near perfect alignment:

Edit: In general, the proper method is to sell the eclipse and buy the equinox.

Ok. You go first.

I will watch, and if it works for you, then I will do it next time. maybe?

but probably not..especially since I already know what actually works.. hahahahaha.

Quote from: UnDerDoG81 on Today at 03:06:58 PM

Quote from: somac. on Today at 01:33:48 PM

Quote from: UnDerDoG81 on Today at 01:21:31 PM

A pump for ants. After the Evergrande thing seems solved you would expect a huge recovery. Anyway, I believe October will be glorious.

I think the SEC stuff has people worried for some damn reason.

That's what is worrying me as well. If there will be really a new ATH in the next months, I will exit with 50% of my holdings. People still believe politicians and these fake "charity" organizations are their friends. I did not expect they come so early after crypto. But I guess El Salvador amped things up. I would not wonder if El Salvador did that on purpose to get the stone rolling.

You are coming off as quasi-incoherent UnDerDoG81 and perhaps a wee bit emotional... including your reference to "charity" organizations, whatever that means? You talking about government organizations or some organizations that might be targeted by recent SEC actions?

You are selling half your BTC stash at our new ATH, presuming that we get there? That's strange because if we get to new ATH in coming months, that would seem more like a HODL or even a buying opportunity rather than selling opportunity, not that I am an advocate of buying BTC on the way up, but reaching a new ATH in the coming months would likely be a bullish sign - in spite your various expressed skepticisms of current macro-considerations - or even potential ongoing and increasing hostilities directed towards bitcoin.

Regarding your comment of El Salvador and crypto, hard to know what you mean. El Salvador legalized bitcoin, not crypto, even though there are a bunch of shitcoins going into that space to leech off of bitcoin's security blanket, and yeah if there are some institutional concerns about the actions of El Salvador, then there are likely to be some scramblings of institutions and governments in terms of figuring out how to deal with the matter, if they are going to be able to realistically deal with bitcoin (or crypto for that matter) in a way that brings them some comfort in spite issues of jurisdictional arbitrage and the fact that there is not a world government, even if some governments and institutions are more imposing and influential than others (at least for the moment), and if you really believe that the various institutional and government actions are going to hamper the upside potential of bitcoin for this upcoming price rise, then sure that is possible.

Almost every historical BTC price pump has also included various kinds of doom and gloom concerns around bitcoin while it was pumping in opposition to such overall ongoing concerns then being expressed during each past exponential price growth (blow off top, if you want to call it) period.

So, sure something in the range of our current ATH could end up being our top for this cycle,

or we might top off somewhere before $100k.

or in the range of $100k to $200k,

or in the range of $200k to $400k,

or in the range of $400k to $800k,

or in the range of $800k to $1.5mil,

or supra $1.5 mil.

I have given my placement of odds for these various topping out scenarios in some of my past posts including considering that the top could end up stretching out as far as the 3rd quarter 2022.

And sure, for me selling 50% of your BTC stash at our current ATH, if we get there.. seems a wee bit pessimistic and short-sighted.. but hey, you do you, and you are the ONLY one to know how much overinvested in BTC that you might be, or if you believe that you are adequately prepared for possible UPpity scenarios that go beyond our current ATH, including if you believe selling 50% of your stash would be prudent and reasonable in terms of where bitcoin is at currently in this cycle and your own psychological and financial circumstances and giving some considerations of various possible upside ranges for this particular cycle (including that we might not even make it to our already ATH within this particular cycle which is far from a non-zero chance.. perhaps even as high as 40% to 50% that we would not even make it to our already ATH this cycle.. who knows for sure?).

In essence none of us should be putting more weight than deserved to upside BTC price scenarios, and so we do have to consider our own allocations and even that skimming off too much could have negative ramifications as well as just letting the BTC ride whether it is just a kind of skimming for this cycle or through various continued cycles in spite of possible price corrections and even premature entrance into a bear market.. and I doubt that current news is really justifying those kinds of seemingly extra-bearish conclusions as you, UnDerDoG81, seem to be making and seemed to have been historically inclined to make.. even though you sometimes have presented ur lil selfie as a strong hand, but that surely has not been my recollection of your historical contemporaneous actions/statements.

0.63BTC?