Quote from: fillippone on Today at 12:54:21 PM

Quote from: ImThour on Today at 12:52:25 PM

Market crashes everytime he posts his company's buying. :3

Then I hope you appreciate my quick posting on the WO for you to short the market!

Hahahaaha

Yeah... good one.

Put your money where your mouth is (referring to ImThour).

We know that is not going to happen.

hahahaha

Quote from: ImThour on Today at 01:07:33 PM

Quote from: fillippone on Today at 12:54:21 PM

Quote from: ImThour on Today at 12:52:25 PM

Market crashes everytime he posts his company's buying. :3

Then I hope you appreciate my quick posting on the WO for you to short the market!

Thanks for reminding me that I am on the right track, already on short from $47,900.

Ok... now you are going to start to post your supposedly "winning" trades? These kinds of posting streaks usually do not last too long.. we get some smart-asses posting about how smart they are, but it usually does not take very long for them to actually be shown as either losers in the market or full of shifting narratives.

Quote from: cAPSLOCK on Today at 01:24:34 PM

I know you are all strapped in by now. I would say it's time to check the straps and all the systems.

I would say that there are still quite a few folks, even regular WO participants who are not really very prepared for UP... there are quite a few still playing around with shorting and timing the ups and the downs.

Don't get me wrong. I do sell on the way up.. but the amount that I sell remains so damned low.. that the UP more than makes up for any selling that takes place, and that is largely because I had already over-allocated in 2014/2015.. so even though the BTC price kept going up, I did not really reallocate back into fiat in any kind of meaningful way.

In other words, what I am trying to say is that there are likely ways that guys can overallocate into BTC.. but still not be engaged in gambling, and I would not even be suggesting at all that normies can engage in anything close to the same kinds of leveraging and overallocations that Saylor has been doing in order to be overallocated and prepared for BTC uppity.

The longer that any of us have been into bitcoin, the more that we should have been able to figure out how much to allocate into bitcoin in order to prepare for UPpity.

I used to suggest that 1 to 10% allocation into bitcoin is sufficient for a newbie, so anything above 10% would be overallocation.. and then not reallocating after price appreciation could still be considered "overallocation." These days I am suggesting that newbies start with 1-25% allocation into bitcoin, so allocating more than 25% would be overallocation - however, each of us needs to assess for ourselves in terms of what other investments we have in order to determine whether 25% in bitcoin might be overallocation or not... so for example, if you do not have any other investments, then you may well start out with investing more than 25% of your investments into bitcoin, and that would not be considered overallocation.. because if you do not have any other investments, then by definition, you are in the early stages of just building your investment portfolio, and maybe at that point your only investment would be BTC, so maybe you only have BTC and cash, so at that point maybe you would have way more allocation into BTC.. even something approaching 80% BTC 20% cash (presuming that the 20% also accounts for your emergency fund and your ability have pretty decent ideas about your cashflow 6 months to 24 months into the future.. so those matters should also be considered when determining how much to allocate and determining from your own perspective if you are overallocated into bitcoin, if so by how much and if so whether you have gotten more options from the overallocation or if you are merely under more stress because of your choice to over-allocate into such a likely to be ongoingly volatile asset class (one of the most inevitable knowns of bitcoin remains that it is likely to continue to be volatile for the next 5-20 years if not more).