Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
JayJuanGee
on 06/08/2023, 17:46:23 UTC
⭐ Merited by Dictator69 (1)
[edited out]
I love how you spend time to elaborate and explain things...sincerely, I have learnt a lot from you this few days. One thing I realized from your explanation is that there should be a clear distinction between Bitcoin and the numerous shitcoins, because regarding all as one means the scams that is prevalent with shitcoins can spoil the name and image of Bitcoin.

I am not sure if I am saying that.

I am saying that shitcoins are frequently engaging in affinity scams, but they surely have rights to exist and none of us can stop them.  Also, you have rights to invest in whatever you want, whether it is actually investing or gambling.

However, I am also saying that if you are talking about bitcoin and shitcoins as if they are the same thing or similar things, you likely do not sufficiently know what bitcoin is, and also if you are talking about shitcoins in certain bitcoin threads on the forum, then you may well be either off topic or you are being vague in regards to what you are talking about... especially if you use vague an undefined terms such as "crypto" or "crypto currencies."

This is true because the promoters of these shitcoins uses the gains and profits people make in Bitcoin to promote whatever they are doing.

One of the main dynamics of an affinity scam may well be to attempt to profit from the efforts of the thing of value (here that is bitcoin) by either making it seems that you are similar to the thing of value, or that the thing of value has various defects that your shitcoin may well fix or address.

In addition, I have seen someone blatantly reject the idea of buying Bitcoin because of a terrible experience with shitcoins.

That happens too, and they likely are ONLY damaging themselves because they ended up getting clouded by bad experiences, and then falsely thinking that bitcoin is sufficiently similar (in their head) that they fail/refuse to either research into it or to invest into it.

psychologically it does make sense, just like it makes sense that some folks who sold too much of their bitcoin too soon, and then they are waiting for the BTC price to drop (and the BTC price does not end up dropping to their preference and/or expectations), then those people frequently become bitter about bitcoin largely because they had failed/refused to sufficiently understand bitcoin and/or they failed/refused to take a more reasonable and/or prudent investment approach into bitcoin, including that some people (or many people) end up getting screwed by their bitcoin exposure because they fail/refuse to take their own keys into custody (and it is not easy to manage your own bitcoin keys either... so surely it is understandable how some normies end up getting screwed in a variety of ways.. not ONLY because they got involved in shitcoins or they failed to learn about how to hold their own keys and to exercise such self-custody).

Probably he was asked to invest in "cryptocurrency". Conversely, no one will stop using Paypal because they hard a bad experience with PerfectMoney because Paypal is Paypal and same for PerfectMoney. So, being specific like you said is very necessary and I really agree with you.

Yes... At the risk of being overly dogmatic... If we clarify what we are talking about, then it is not so bad to use some of the words that tend to be thrown around in various misleading and ambiguous ways, and crypto and crypto currencies are not the ONLY vague terms that are thrown around in terms of lacking clarity in regards to talking about bitcoin or some related project.. or maybe sometimes it is not even related bitcoin, but the use of the vague term might cause some people to wrongly presume that the thing being described is somehow related to bitcoin... which sure everything is likely related to bitcoin, but it still does not necessarily mean that we should be throwing out vague, meaningless and/or misleading terms when we are talking about bitcoin.

By the way, for now Bitcoin is still under $30K, is there anything out there that makes it difficult for Bitcoin to move past $30K this month?

No there is nothing out there stopping BTC from going above $30k soon. .or maybe it won't? 

Who knows?  and how much does it (or should it) matter in terms of short-term?   

How can we know whether bitcoin will go up or that bitcoin will go down in the short term?  I doubt that we know.

Nonetheless, each of us continuously has some personal choices in regards to our own bitcoin stashes. 

Do we have enough bitcoin?  are we already sufficiently prepared for UP?

If not do we, buy more right now?  that is if we have any more money to buy BTC, or do we need to generate money in order to be able to buy more BTC at these prices?  Yes, money does not necessarily grown on trees, and frequently it takes time for normies to generate money through their labor or maybe other ways that they might have available to them.

Another possibility is to wait for a further dip?  that may or may not happen. 

Have we made plans for any possible dips from here?  What are the conditions in which we would buy more BTC and have we set aside money in case the BTC price drops more from here?

If not, are we prepare for up.. or just with the passage of time, regularly revisiting these kinds of questions, to the extent to which we might not already have an ongoing BTC buying plan in place that we are already following and tweaking the plan and the employment of such plan from time to time.

I don't use them because I generally just put threads on my watchlist, and then I will just look through new messages at times that I choose.

Maybe my use of the word "criticize" is too strong.  There was a thread that was created about me, and members thought that I should have known about it because it was presumed that most longer term WO members would be using some kind of a notification for when their name was mentioned. 

What is WO members, is this some kind of group.

Whoops!!!  I misspoke, because I meant to say forum member, and I accidentally used the term WO member---

WO = is the "Wall Observer" thread, but I did not specifically mean to refer to that thread.. so maybe subconsciously I had written that reference as if I were writing inside of that thread.

Sure, there are some regular participants of the WO thread, who ONLY go to that thread in the forum, and there are some special rules to that thread, including that it is kind of treated as the forum's troll box... which is just a kind of life chat thread.. but sure, all of the posts in the thread are kept to the extent that members do not delete their posts.

My first couple of years in the forum, I did not really deviate outside of that thread, so my first posts were in that thread, and I kind of felt as if it was the ONLY thread that I could keep up with... but I have been going to other forum threads.

Anyone can participate in the WO thread. It surely is the forums longest thread, but not all forum members participate in the thread.. and probably any topic can be discussed there, so long as it is not getting into shitcoin pumping.. so it is generally a probitcoin thread. and maybe would be good to have more forum members participating in that thread (as long as they are not trying to pump shitcoins), even though a quite a few of the regular and longer term forum members do periodically go to that thread, even if they might not participate regularly in that thread.  There are some forum members who purposefully stay away from the WO thread, and sometimes will refer to that thread as a kind of cult.. hahahahahahaha.. whatever.. Peeps can believe whatever they like.

I also hit watch button on this thread but first it took me a while to find my watchlist (like how can i access it) then even i find the watchlist option which was right in front of my face, i opened it and this thread didn't showed there. Like it is not showing in the watchlist even i have click on the watch option. But thanks for the heads up, i will dig more into this matter.

What I do is I keep one of my browser tabs opened to the watchlist, and then whenever I come back to the forum after a few hours or after a day or so, I will click refresh on that watch tab, and it will show me all of the lists that I am watching that have had new posts in the past 12 or so hours.  It does not necessarily show all of the new posts, so I will have to click on edit watchlist and then look at all of the threads that I am watching and to go through some of them to see if there had been any posts in that thread since the last time that I read my watchlist threads.

I do tend to put all of the threads that I have posted in on my watchlist and I will sometimes put other threads on my watchlist too because either I want to read them or I might want to post in them some day.. or perhaps refer back to the ones that I am watching.   I do tend to find it a bit easier to find threads that I am interested in that way, and there are ONLY a few kinds of forum threads that I always keep an open tab on my browser 1) WO thread (and maybe one or two other threads that I am wanting to keep active), 2) watchlist thread, 3) any thread that I need to read (or respond to.. such as I am not caught up), 4) my own merits thread (which allows me to keep tabs (updates) on recent merits sent and recent merits received), and 5) I generally keep BPIP open and run the BPIP Chrome/Firefox browser extension (which does have a link to the Ninja page.. which I might click on that Ninja link page from time to time). 

Generally speaking, that's currently my own system of trying to watch various forum threads.

Sometimes members do not respond to questions and/or requests. 

I just did a quick look and I see that this thread by TryNinja has several notification features (a bot?) that are described.  It is a long thread, but the beginning (OP) post seems to have some good descriptions of the various kinds of notifications that members are able to receive.

Also, I am pretty sure that fillippone has a thread that he created about notifications that come up on a smart watch, and he may well be using the TryNinja bot features in order to enable those kinds of notifications.
This TryNinja tool is a best i think, from what i have observed by just reading the OP post, i think this tool will be handier than the watchlist option. Thanks a lot dear for helping me here. I think this Ninja's tool will do the work fine.

I don't really use the tool specifically, except like I mentioned above, there is a BPIP chrome extension that also includes a Ninja link next to each members name.. and maybe I am using the various resources that are connected to the TryNinja resources from time to time.