Quote from: Pi-network314159 on Today at 05:49:56 AM

Quote from: Marvelockg on Today at 05:12:52 AM

Quote from: JayJuanGee on April 26, 2024, 07:12:33 PM

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Quote from: Proty on April 25, 2024, 06:57:44 PM

It all depends on the amount of bitcoin the person has accumulate over that interval of one year before you begin to talk about making of profit. If u do not have a sizeable amount of bitcoin in your portfolio you cannot be able to make this profit you are talking about ,especially if you are doing DCA it will take you time to accumulate a reasonable
amount of bitcoin.

The method of collecting Bitcoin to get a larger amount varies from person to person, although the one we see most often now is to use DCA with a certain target time period. Because to achieve a bigger profit target, you definitely have to have a fairly large amount of Bitcoin ownership and that cannot be denied by everyone. That is why most people always pay more attention to their Bitcoin holdings portfolio than others because in Bitcoin everyone can make a profit as long as they have enough patience in collecting it and also have a fairly large amount in their own portfolio.

Basically those are the investors who usually do the DCA in bitcoin to accumulate the bitcoin throughout the bear market. Those are the people who will then sell in the bull market and gain maximum return on Investments. I will not compare them with the traders who have different mind set and who will usually buy and sell multiple times to gain profits.

You are still describing and even trying to worship traders as if you know how to tell the difference between a good trader and a not so good one, when the fact of the matter is that trading does not pay off for an overwhelming number of folks who even attempt it, and in bitcoin, we have had the overwhelming majority of folks profiting from establishing and following a practice that mostly errors on the side of accumulating bitcoin and holding it... not fucking around with trading and trying to believe that you are able to time tops and bottoms.. which is a bunch of bullshit where a lot of folks who try such a thing end up selling too much too soon and making a variety of other mistakes, so there is no need to be worshiping those kinds of practices and trying to act like it is some kind of practice that normies should aspire to.

sometimes, one of the reasons why people try to just jump into Bitcoin investments in a time they feel the market is bearish hoping to zoom off whenever the market gets bullish is probably because they are still very new to the system and aren't ready for any long tern commitment

I don't think this attitude its only for people who are new. Thesame thing is applicable to old bitcoiners. I know most people are just fucking around trading, but I don't give a dem about what they think they might be doing. It makes no difference when an old bitcoiner and new bitcoiner are doing thesame thing as buying in bearish Time and selling at bulish, it's all seams to me like trading or gambling. what really matters to me is how effective they are In Buying and HODLin Bitcoin for long term which the least or average maybe 4-10 years, and also 10-20 or 30 years at most.

I am not sure whether your framework is good Pi-network314159, because there could be some questions regarding how many coins you have, so then there could be some guys who consider that they have reached a point of overaccumulation.

So let's say right now by whatever calculation methods that a guy does, he has come to the conclusion that his entry level fuck you status is right around 23.7 BTC; however, in his stash he has around 40 BTC, and he also has concluded that he is going to be able to withdraw 10% or more of his BTC - because by his formula, he has already figured that the quantity of BTC that he is going to need to continue to maintain at least entry level fuck you status or higher is going to go down rather than up, so under those calculations he has way more than what he has concluded to be a necessary number of coins to maintain the fuck you status that he has defined for himself.. .. .and so he may even be able to consider that he has a lot of liberty with a certain quantity of his coins.. maybe even 10 of his coins.. so he might create some formula to sell a certain number of coins on the way up (maybe somewhere in the ballpark of 5% of his coins every time the BTC price doubles.. or maybe he picks some other interval or amount), while also realizing that he is not going to sell any more than 10 BTC, and/or he could also decide that he is going to sell a certain quantity of coins every month no matter the BTC price (except maybe he would consider if the BTC price is unreasonably low or high, he might make adjustments to his sales amount), and maybe his tentative range of monthly sales would be in the ballpark of between 0.1 BTC and 0.2BTC per month.

So even combining those two BTC selling methods, he considers that either a lot of time is going to pass or the price is going to go up a lot for him to even come close to selling the 10 extra BTC that he has, and he still has more than 23.7 BTC plus he has an extra 6.3 BTC as a cushion before he even gets to the 10 that he is selling under the various formulas.. .. and even if he has set some parameters for buying back if the BTC price drops, he is not engaging in any of his conduct with expectations to buy back, but he also does not have anything against buying back some coins when the BTC price drops a certain amount that he might prescribe to be 10%, 20%, 30% or some other number lower than the price that he had sold (presuming that he had not already used some of that money in consumption purposes).

In other words, I would suggest establishing a certain size stash provides more liberties in regards to how to manage your stash, once you might consider that you are no longer in BTC accumulation stages, and yeah sometimes even older bitcoiners do not get to points in which they have accumulated enough or more than enough BTC.

Quote from: Pi-network314159 on Today at 05:49:56 AM

Quote from: Marvelockg on Today at 05:12:52 AM

that will see them to gaining better in the future. It's a mentality something that needs the right orientation or some sort of massive reorientation to bringing such individuals out of those short termed mindset, and I guess this kind of discussion is really helping to shape the right narrative for short sighted investors. And again, most people find it difficult to invest in Thier future in a manner that they might not necessarily see quick returns and so regardless of the prospect the future holds for long term investors, it doesn't get easy for them to shift thier mindset to focus more about accumilating for the long term.

Reorientation is good to chanel traders or short term investors focus on the right part , but the matter is how many is ready to follow the right part? If I where some orientators I wouldn't want to border myself educating people whom are not really ready to learn, because it's like pouring water in a basket. But what really matters is just to pass the information across to people who are willing to learn because not all are really ready to learn. But I believe this discussion will change the narrative of some people who maybe ready to learn, just as you said.

I would suggest that a basic perception is that everyone should be in accumulation mode until they have reached a state of overaccumulation, so in that regard, you are ONLY able to sell once you have assessed your own situation as being in an overaccumulation status, so if you sell you are not selling in order to be able to buy back cheaper.. you are selling because you have already concluded that you have more than you need; however, if the BTC price ends up dropping you could use proceeds from your sales to buy back.. but you are not expecting or needing to buy back, since perhaps the amount that you sell is ONLY going to be a relatively small amount of your stash that is part of the overaccumulation amount.. since you have already assessed that you have more than enough BTC.

Quote from: Barikui1 on Today at 06:42:49 AM

so my brother, knowledge is key, even in this crypto space.

Hopefully you are not fucking around with shitcoins or considering that there is some kind of value in studying them prior to making sure you understand what you are doing in regards to bitcoin... anyhow talking about "crypto" makes you sound like a distracted shitcoin who does not know how to properly talk about bitcoin or to figure out your focus, because if you feel some kind of need to talk about shitcoins while we are talking about bitcoin, then there should be some kind of a context to that rather than using dumbass-vague terms to refer to bitcoin as if it were part of some shitcoin space, and you don't even say, you just lump it in as if you are trying to sound smart by saying crypto rather than bitcoin, if you might have been wanting to talk about bitcoin.