Quote from: summonerrk on Today at 08:09:11 PM

Quote from: JayJuanGee on November 04, 2023, 02:58:01 PM

I doubt that the line is as thin as you are making it out to be. Sounds like you are a trader, even though it seems that your goal is to accumulate bitcoin, but if you are fucking around with your whole stash that would be pretty messed up. We likely need a few more details regarding what are you doing once a month with these buys and sells and whether you are religious about it with a system and if you might have a main holding stash or if you are just loosey goosey about the whole thing. then seems like you are a trader.... but if you are ONLY playing around with less then 5% of your stash, then it might be a bit more ambiguous regarding what you are.. .. but you ahve to figure out how much you are holding. and it has to be more than 50% or probably even more than 90% before you are going to start to fall into the HODLer category rather than a trader category.

The punchline is that more details are needed, and each of us might categorize these matters differently, even though I doubt that the line is as fine as you are seeming to suggest it to be merely because you are wanting to trade but still call yourself a HODLer.

My main goal is to increase my BTC count by maintaining 50% bitcoins 50% usdt. And depending on the price on the market, my pending orders change the state of the deposit - this can lead to a share of 95% of Bitcoin, and vice versa - 95% of USDT. Ultimately, the strategy still strives to make it 50/50. I understand that in this way, in a full market, I will not get all the cream from the price of Bitcoin, just as if it falls, it will not hurt me like those who are 100 percent in Bitcoin. How did I come to these views on accumulation? Since 2017 I have been a Bitcoin holder, I have waited and waited. And when the price became 65k, I didn’t even transfer part of the money to USDT. I believed that the rocket would fly further. But the rocket flew down. And I realized that it’s pointless to just hold it, market fluctuations can be used to increase the share of BTC, and at the same time not shake with fear over the schedule. I do not claim that the strategy I described above is correct. But I came to this, and these are my views. I gave you guys, my arguments. I'm a trader who doesn't trade much. I am a holder who sometimes buys and sells because the funds have to work.

It is good to have thought through your strategy and make sure that it fits for your situation, and surely here we are not getting so much into trading strategies, but sometimes it is important to figure out a kind of psychological balance that works, and since you say that you are striving to accumulate BTC, then you may well be continuing to add funds to your accounts as well? It is more difficult to build your account merely by trading back and forth between BTC and USDT... so I don't really mind the idea of it, and even something like 70/30 BTC/USDT might seem more practical to me, but surely a variety of your individual factors are going to matter.. including how long that you have been stacking sats...

so if you have been stacking sats for a long time (gosh even if we go by your forum registration of more than 7 years ago), then it would make less sense to have your funds so skewed in favor of USDT, and I remember some times in the past (in around late 2017) that my funds had gotten into the ballpark of 90% BTC and 10% cash, and I was feeling like I had way too much cash, but that was when the BTC price was going up, so I was shaving off some BTC along the way up, so I could see that there might be times that a person will shave off BTC on the way up, and then get towards higher levels of cash as contrasted with BTC, but I still have some troubles understanding the justification to try to maintain 50% cash (or USDT),

so I suppose just on the face of it, it seems to be me that you might not be very strongly convicted in terms of believing in the power of BTC... because we know that the dollar (and thus also USDT) is in a situation in which it is inevitably losing a lot of purchasing power on a regular basis.. sure they try to say that it is in the single digits, but it also depends on what you are trying to buy, so it seems to me that in the coming years bitcoin is poised to do quite a bit better than the dollar and the rate that the dollar is losing purchasing power.. but surely at the same time, there can be a lot of up and down along the way to see how it plays out and also various periods of time in which bitcoin may end up doing surprise exponential UPward price moves that never end up really recovering (or dipping back down), and then you could end up regretting that you had chosen such a seemingly relatively whimpy bitcoin allocation.

Quote from: Churchillvv on Today at 08:14:45 PM

Quote from: Greyhats on Today at 04:54:56 PM

Since I last posted I have learned something about my self, some people might draw parallels or may have already learnt this about themselves. I was angry that the price went up, and it was the first time I was angry at BTC price even throughout the bear of going/dropping down. I realised too late I hadn't fully prepared for Uppity. I thought I had, I thought I would be happy with double digit value returns. I could handle other asset returns across other investments so why couldn't I project that confidence and experience to BTC. Well what caught me completely off guard was the suddenness. In most if not all other asset classes value add is gradual. You know you build wealth slowly, but like 5K$ increase in BTC price threw me into a loop. I was more angry I hadn't invested more at lower levels than the fact i had just got more returns from one asset in a day than any other asset I have ever owned. The magnitude of that was drowned out by my anger.

Well why I am writing this, what happened, what did I learn. Pretty simple I didn't fully understand, when people said be prepared for uppity, what that meant. I also put too much of my investment money looking at a bargain. I should have put it 100% into dca vs split of DCA and BTFD. I fooled myself into thinking my system was flawless because i didn't prepare for uppity properly. I went back through all my BFTD buys and then compared this to increasing DCA during the same time period. DCA would have out won with this 5k$ uppity.

Shifting my strategy I'm not going put as much emphasis on BFTD vs DCA for a while, there is more severe uppity to come but I have learnt my lesson.

Stay calm, learn shit, and dca on.

If i observed very well I guess you have a potion of BTC now. right? You've bought already but you didn't buy when you desired to hit up your targets. So how about someone like that doesn't have yet or is not yet in a state of making an income to invest in Bitcoin.
Your regrets sounds like you don't have self esteem, or you don't believe in yourself, or should say your compare yourself to others success which is awful. I don't have even the minimum of Bitcoin not just me others too but they don't panic as you.
The uppity of Bitcoin price is sudden but most times you encouraged people to be prepared of anything why then do you have to negate yourself. much is to come since you've learnt your lesson you can still hit up your targets or to be specific you can still make your profit from the bull market.

It seems to me that you Churchillvv are missing some understandings in regards to the power of bitcoin, and sure you can approach your own bitcoin investment however you like, whether you perceive urgency to get as many sats as you are able to get in terms of your own budget and not being too whimpy while at the same time not over doing it.

For anyone who is serious in his/her efforts to stack sats, it can be quite challenging to achieve these kinds of balances between aggressiveness, not over doing it, and also not being too whimpy in terms of trying to time the market when dips do not end up happening.

I am not even completely opposed to your ideas, Churchillvv.. because since bitcoin seems to be quite a bit skewed towards being an asymmetric bet to the upside and likely amongst the best of investments(if not the best) in the midst of one of the largest wealth transfers to ever take place, you can still profit from merely being in bitcoin and not being aggressive about it, and even being a bit whimpy... but at the same time, there are people who seem to recognize the power of bitcoin, and would like to increase their bitcoin exposure reasonably within their means, rather than 5, 10 or even 15 years later regretting that they had approached bitcoin too whimpily.

There are a lot of people in the world, maybe even something close to approaching 99% who still do not have any bitcoin, and even the ones who have it might not appreciate the extent to which they are low coiners (and/or under allocated) in terms of if they were to actually understand what bitcoin is.

Each of us can make our own choices in regards to how aggressive that we are in terms of bitcoin accumulation, and it has frequently been my point that even the whimpy ones are likely going to end up advantaging greatly from bitcoin so long as they error on the side of mostly accumulating and holding their bitcoin rather than selling it... but hey you can do whatever you like when it comes to how you choose to manage your own BTC stash.