Quote from: Hueristic on Today at 02:55:32 AM

https://imgur.com/gallery/bqGpIOt

"We" (Royal perhaps?) do not fuck around with "crypto" in these here parts?

right?

right?

rrrrrrrriiiiiigggggghhhhhhhttttttt?

Quote from: BobLawblaw on Today at 02:58:06 AM

I'm bored. Going to bed early.

Let's see what happens...

Either you sleep or you don't sleep..

duh.

Roll Eyes

Quote from: suchmoon on Today at 02:59:17 AM

Quote from: JayJuanGee on June 16, 2022, 11:42:19 PM

Easier said that done, suchmoon.. especially if wanting to carry out something like that in a somewhat seemingly perpetual way.. such as all the way down to zero. (in theory). .

I recall some guys saying that they were "all in" (or they ran out of money) when we dipped below $50k... and we are way into Down price territory that even the staunchest of DOWNity preparers (who are bullish.. so also wanting to prepare for UP) have decent odds of running out of money...

What happens if we run out of money? Is that possible? then have to go into HODL status, no? Surely if you have a cashflow then largely that would be "technically" characterized as DCA at the point of running out of money and buying as the money comes in.

As long as fiat exists in some substantial form, I think I will always have some sort of fiat revenue (job/business/real estate/retirement/etc), so barring catastrophic health failure or other life-altering events - yes, I can ride it pretty much to zero. Not that I'm planning that. Right now for example I'm just setting up an order for 10% of my free cash ~10% below spot, I don't give two shits about TA or some other woodoo, when the orders hits or price moves in the other direction I redo the order, etc. So even if it drops precipitously and quickly, I won't really run out of cash albeit the buys can get smaller.

All-in, or margin, or any of that tarding nonsense - nah. I'm happy to leave that to shitcoiners, Reddit gamestoppers, and other noobs itching to get fucked by Wall Street.

Ok.. fair enough.. Let me throw out a hypothetical that is just used to provide easily rounded numbers and to attempt to flesh out some ideas.. and just get some ideas about someone who just has decent cashflow coming in from various sources, so with your various cashflow sources, you cover all your monthly expenses and you end up having an average of an extra $1k per month coming in, and let's say that you ongoingly maintain something like a $10k extra floating balance in your various accounts that you can draw from at any time if your cashflow has various irregularities and you strive to get it back into balance by projecting 6-24 months into the future. .. so then maybe on a monthly basis you get an additional 10% added to your spare cashflow and you can just route it into bitcoin, if that is what you want to do with that extra cashflow.

So with this kind of a hypothetical you could ongoingly continue to buy $1k every month of bitcoin and then structure it however you like or maybe $250 per week.. or you can allocate part of that amount for buying on dips and part to buy at whatever price (which would rise to the level of DCA).. At the same time, there can end up being some emphasis towards buying on dips and then stopping, slowing down and maybe even selling (perhaps relative small portions) on rips.

It seems that the longer that any of us have been in BTC, then we figure out some systems that kind of work for us to attempt to be able to take advantage of the BIGGER BTC price swings... buy more frequently or even more quantity when the BTC price is going down.. and don't buy as much when it is going up or maybe even selling some BTC when the price is going up.. but then perhaps at some point, there might be situations in which there is a feeling of having too much BTC, too.. if that is possible...? perhaps? perhaps?

I get feelings on both ends, but like I mentioned in recent times, I may well feel that I do not have as much variety in my various cashflow sources.. perhaps I had shrunk some of those on purpose, too, but some of my involvement in projects can end up changing cashflow sources too.. and even to possibly increase some of the variety in cashflow sources depending on how much desire to get involved in generating cashflow.. if there are feelings of needs to increase it. Perhaps?

I shrunk some of my cashflow sources on purpose in the past too.. So sometimes there might be questions regarding how much set-up, supervisory, coordinating