Quote from: JayJuanGee on Today at 05:36:36 AM

Quote from: philipma1957 on March 01, 2023, 09:48:26 PM

I go way back I can remember interest in the 70's and 80's at 10%

If you pack btc down via high interest and buy it with a cheap dollar

you could make a lot of wealth or should I say acquire a lot of BTC

Yes.... times were different in the 70s and 80s... So hopefully, you understand that.

Quote from: philipma1957 on March 01, 2023, 10:39:12 PM

@ jjg I am prepared to go up down or sideways are you?

It sounds as if you are suggesting that you are "moar prepared" than I am?

Hopefully each of us is sufficiently and adequately prepared in accordance with our own circumstances... and yeah of course, there might be times in which tweaks might need to be made to account for changes in personal circumstances.

Which part of "prepared" are you wanting to explore? Hopefully, without getting too much into Opsec, but which part? Psychological? Financial? View of BTC price direction - which might involve macro considerations, momentum or other factors (such as your dumb theories about mining leading price)? Cashflow management? risk tolerance (perhaps risk management techniques)? figuring out where you are at in your bitcoin journey in terms of Accumulation, maintenance, liquidation (or some gradient?) - or how to establish BTC accumulation goals based on personal targets that might be partially considering how many BTC already accumulated as compared to other assets/investments, discussion of timelines, or do you want to go into more advanced skills regarding time, skills and abilities management that might relate to abilities to strategize, plan, research and learn along the way in "our" bitcoin journeys.. including if there might be times in which we might discretionarily consider tweaking our strategies, or maybe even more advance technics of trading, reallocating, use of leverage and/or various possible financial instruments? Or something else that you want to get into.. or all of them?

Quote from: philipma1957 on Today at 03:53:04 AM

Quote from: JayJuanGee on Today at 03:42:44 AM

[edited out]

For me to be in FU status today I need about 110 coins

Sure.. everyone is different in terms of their expectations.. and it is not anything that would be easy to actually suggest that you are wrong in regards to what you believe to be what you "need" which likely would include other assets and cashflow besides BTC.. especially for someone who is older..

Quote from: philipma1957 on Today at 04:07:21 AM

@ jjg
My problem is technically I am in FU status as you define it.

But the money coming in is government pensions.

So to replace the pensions and health benefits I would need 2.5-3.0 million worth of BTC.

I doubt that it is necessary to assume that you are ONLY in fuck you status if you assume that your various other cashflow sources (or benefits) were to go to zero, but it seems to be a good practice to account for the possibility that they might go away.. so then instead of placing 100% odds that those will go away (which surely is not true, because aparently you are still getting them, and you expect to get them), it may be realistic to place some probability on those things going away.

Another thing, is that you probably have a variety of other forms of wealth and assets, and sure we don't necessarily need to get into those kinds of particulars, even though in the end, you could end up fucking yourself if you overly prepare for events that are way the fuck less likely to happen than the odds that you are giving them.

Quote from: philipma1957 on Today at 04:07:21 AM

Its why I play this game a lot differently than you do.

I doubt that you are "playing this game" that much differently from me or from anyone else, even if we might have differing factors that we need to calculate, and we might come to differing conclusions regarding how to weigh present values versus potential future values and/or how to sufficiently/adequately prepare for those matters.

You can be a royal pain in the ass.

do you think i believe that we will have 5 years of 5% to 7% interest from the fed.

which would not be anywhere near what happened under Nixon Ford Carter then Reagan.

But I am certain that unless they end the Ukraine 🇺🇦 Russia 🇷🇺 war rates will remain high.

Whats high 5-7% till Jan 2025 is likely.

Which means shit news for btc or shitcoins