Quote from: JayJuanGee on Today at 03:23:40 AM

Quote from: rohang on November 24, 2023, 07:29:50 PM

Thanksgiving day $16k #Bitcoin in 2022 vs $37k Bitcoin in 2023 https://t.co/jNquwux9yl

Thats more than 200% rise!!

Hoping to see btc go 70k + in 2024!!

Not hugely invested in btc right now but i think if it hits the 40k mark this year thats a good entry point for me

The last year and a half has been a good entry point too, especially for anyone who had not already been buying all the way dow from $69k to $15,479, and perhaps running out of money to buy MOAR BTC at various points in time.

Anyhow you do you, if you are just getting in, then better late than never, and I suppose that even if some of us might have NOT been able to buy a lot of coins between $15,479 and $25k, we were probably able to pick up some coins in that price range..

My own personal BTC portfolio does not really need too many more BTC, but the last year and a half - especially between around May 2022 and January 2023, there were a lot of great entry points.. and most of that time was below $25k, so there is some value in being able to recognize value, including that the 200-week moving average is really getting close to $29k, but if you think about it, it spent the whole last year and a half gravitating up from around $22k in May 2022 and then getting into the current $29k level which surely was ONLY around a 30% increase for the past 18 months, so I suppose that we could complain that bitcoin was ONLY moving up 20% per year in the past year and a half. which still is really nothing to sneeze about.

By the way, I did recently upgrade both my fuck you status chart (which I explain in this post), and I show the more conservative (possibly overly conservative) update in this post that goes all the way to 2078,

and I finally posted a chart and a first attempt at a somewhat comprehensive explanation about the ways to manage and sustain a kind of perpetual cashing out of BTC[/b], for anyone who might be getting to those maintenance (and desires to cash out a kind of perpetual liquidation) stages of our bitcoin journey... I am quite proud of the substantive presentations of this piece, even though I likely will consider ways to tweak it and even spending decent amounts of time explaining (and referring to it, when relevant)... especially since it is not obvious in and of itself how to read it and how to apply it... but my hypothetical accounts therein are using a starting point of 21 BTC in each of them starting in September 2022 for that particular hypothetical, but still good to attempt to grapple with the ideas and maybe even plug your own BTC holding numbers into a similar kind of accounting.

I did not want to show that particular table/chart with my own 0.63 BTC holdings as the hypothetical because I was trying to make the ideas contained therein to be a bit more relevant to higher levels of BTC holders.. and 21 BTC seemed to be a good kind of a starting point for a budget that might even be able to supplement income or be total amounts to live or maybe to fund projects under such guidelines, and some of the budgeting/funding ideas remind me of some of my discussion with Deathwish (about funding developers or something like that) around a year and a half ago when he was seeming to panic (to the extent we believe his story) about his own over-leverage and failure/refusal to build his BTC holdings rather than gambling (and getting greedy) with them, and even some of his seeming involvement with shitcoins and pressing some of his seemingly stubborn ideas on then members of the thread, which some of the panic and overleveraging seemed to have had been the lesson of a lot of BTC holders in mid-to-late 2022.

Quote from: philipma1957 on November 24, 2023, 07:58:34 PM

Quote from: rohang on November 24, 2023, 07:29:50 PM

Thanksgiving day $16k #Bitcoin in 2022 vs $37k Bitcoin in 2023 https://t.co/jNquwux9yl

Thats more than 200% rise!!

Hoping to see btc go 70k + in 2024!!

Not hugely invested in btc right now but i think if it hits the 40k mark this year thats a good entry point for me

so you rather buy at 40k+ than 37-38k?

why not get at 37 then 38 39 and 40

Yeah, he seems kind of weird, lost and potentially disingenuous to me, too.

By the way Phil, didn't you see my post referring to a couple of HypoPhil's selling on the way up potential budgets (the first chart using 10 BTC and the second one using 5 BTC)? I am kind of taking your side of the argument regarding some potential value on selling on the way up, yet at the same time, trying to beat you up a wee bit too, just for funzies. Cheesy

Yeah I read it. I am comfortable at my methods which will mean less profits but greatly reduce losses.

At 66 soon to be 67 and no children I am not looking to leave a legacy to the kids.

My methods were always based on taking enough profit every year to make my life more comfortable.

So I enjoyed increased income from 2013 on every year but one. 2022. I made 2022 a certain loss by selling at 22k . But I did a dca started it in nov 2022 so I will turn a profit this year if I sell or dont sell.
which is why I ear marked some corn to sell via ladder up.