I suppose in some sense, I don't want to get into specifics because we are in a public thread.. but surely sometimes some of the specifics can make a difference.. and anyone can take my suggestions or feedback or responses to issues however they like.. or ignore my comments too. if that seems the best way in which they might incorporate my ideas.
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[...] if we are considering BTC investment strategies and things like (which seems to be an area frequently batted around in this thread) .. especially dollars/BTC since that is our OP topic. ...then sometimes there are ideas about DCA, buying on dip and lump sum investing.. and there also may be ideas of portfolio management and liquidation..
When I first came to this thread with an unfixable problem, I explicitly sought your advice—in addition to trying to warn newbies “don’t wind up like this”, and frankly also just looking to vent.
I greatly appreciate the time and effort that you spent trying to help me find an impossible exit from a trap that was already closed.
Beyond that—I have told you that I think your investment strategies are mostly pretty good for most people, in most circumstances. As I’ve said, I have cribbed from the JayJuanGee book to advise nocoiners how to get into Bitcoin: Your approach to portfolio allocation, risk tolerance assessment, etc. is basically how financial advisors usually guide their clients. DCA, buying the dips, etc. is a reasonable way to avoid gambling on timing the market. Quite apart from any of your price predictions (to which I give less credence), the guidance that you give to most people should work in usual circumstances. But I have also said somewhere,
it doesn’t work for me. My circumstances are not usual. For that reason, I have not requested your advice on how to rebuild my holding.
I don’t want to discuss private specifics.
I assure you that if I had
any positive fiat cashflow usable for buying BTC that was independent of now-nonexistent assets, I would now be stacking every sat I could.
Bitcoin is now on deep discount sale. Whether or not the bottom is yet in, I do not want to miss the Bitcoin discount sale—especially not when I just lost almost all my bitcoins! However, I cooked my own goose, these past few months—more than you know, worse than you realize. The details are private, and I have already revealed far too much financial information about myself.
I have sought advice privately, from people who are competent to give such advice. The objective, cut-and-dry answer is that if BTC doesn’t remain at its current price levels for at least a little while, then I will be unavoidably screwed. Better hurry up and work on some new cashflow!
I do have a strategy to rebuild my BTC. It is not a very good strategy, but it is the best that I can do in the circumstances. I should spend less time on this forum, and more time improving those circumstances.
Even though you seem to consider there to be some kind of an ongoing personal.. I don't see why you seem to want to engage in such kinds of battles when they do not really seem to be necessary..
I don’t want to, but I do so if really necessary.
Whether by accidental misunderstanding or by intent, many of your recent posts have misinterpreted or mischaracterized my situation in a way that puts me in a bad light. That is unavoidably personal to me, even if I wish it were otherwise.
based on some of your other purported circumstances including that you are otherwise starving and other bullshit like that,
I am thereupon uninterested in further discussion with you. I reply hereby only for the record, on some points I wish to set straight:
Are we breaking up?
Just like you are free to think whatever you want, as long as you don’t go around smearing me based on wild fantasies as some do—I am free to decline discussion with anyone who thinks that I would fabricate such a thing.
I have frankly been grieving. Because it’s not “only money” to me. Bitcoin.
Grieving has a proper time. Then, it is time to move on and be a ruthless mercenary capitalist.
I see no reason to continue back-and-forth about how I should or can or can’t rebuild my holding—a subject about which, I repeat, I have not and
cannot request useful advice on a public forum. I just need to work on it.
At the bottom line, I will repeat here what I recently told someone who reached out to me via PM with concerns and well-wishes:
In the long term, I am confident that I will recuperate financially. This is a worse as a spiritual blow than anything else.