Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 04/11/2023, 19:46:05 UTC
⭐ Merited by OutOfMemory (1)
Of course, some guys claim that their average cost per BTC are in the double or in the lower triple digits, and I am merely claiming mine to be at $1k. or maybe I could say upper triple digits if I were to start to use $999 as my average cost per BTC.. so sometimes when someone is starting to become magnitudes rather than multiples in profits, then there might not be BIG differences between being 15x up or 25x up or 40x up... and yes, the price moves up to $60k, then that becomes 60x up.. So might there be ONLY small differences between being willing to shave off a few satoshis or even a few bitcoin at the various levels of profits... even though surely many of us likely feel better if we are shaving off some satoshis while the BTC price is in an overall upward trajectory rather than being in an overall downward trajectory.

You always say that there is no point in Hodling Bitcoin forever. We must sell some of them with time when we are getting good return. If someone has average price in double or triples then wont it be good idea to sell them when Bitcoin touched its ATH of 67k.

We're all in the same boat when it comes to Bitcoin, and it's pretty exciting! There are those of us who we like to call 'Holders or Hodlers.' In this specific section folks who might spend some Bitcoins or use them for everyday stuff, regular payments because they recognize Bitcoin as payment mode soon. Maybe some of them convert Bitcoins back to fiat and utilize it as an investment opportunity only to bring out some extra cash (Shit).

Then, here is another group personally I'll call them 'Generation Accumulators. Here are the ones who've seen a lot in life and have a vision. They get the potential of Bitcoin and want to stash some away for their kids and grandkids like me haha.. Like seriously I want to be a small of them because they're quite rare. We can lovingly call them collectors.

Collectors are rare but they do exist, I think maybe some of us are semi-collectors, what u think because there's no doubt it will be not less of a treasure for our Children.



Maybe some of the people here are 'collectors" with a small 'c', but as far as "The Collector" (in MCU sense)-maybe there are/were only two here: Loaded and proudhon.
Loaded, as described by others before (here and elsewhere), was likely the guy with a Chinese last name who got busted recently..and proudhon likes to jerk everyone's chain once in a while.