......Since you are now trying to brag that you have been successful trading ever since the beginning of your forum registration, then maybe we should show the results of going all the way back to the beginning of your forum registration rather than giving you some benefit of the doubt that you might have had made some mistakes in the beginning, but no, not you. You are too perfect to make mistakes, so therefore you have been banging 10s since the beginning of your forum registration. ....
Ha! Not to mention his past dealings with ....naaahh!...we won't go there. All the OG's on this forum know anyway.
I don't even mind giving OgNasty some space to recoup his reputation and let bygones be bygones, but he cannot even seem to help but to want to continue to sell and promote himself on a never ending basis... like he is the best thing since sliced bread, instead of trying to be more neutral and humble in regards to these various kinds of bitcoin matters.
Surely, I could try to proclaim that I have higher than 54x profits right now, yet does it even matter very much? I am NOT even suggesting that guys have to beat some kind of a strict DCA strategy or even that maybe their BTC price performance might have been half of a strict DCA strategy, yet they still could proclaim victory by still being in the BTC game and largely being in profits, yet at the same time realizing that the portfolios of some guys might have done better and some might have done worse, yet many of us would still be attempting to tailor our own strategies in accordance with our own particular
9-ish circumstances, which is going to vary from per son to person.
I might not be as humble as I need to be either. I am not sure, since I do look up my own numbers from time to time based on the time that I got into bitcoin, which was late November 2013, so surely we could adjust our BTC accumulation numbers and the amount that we had invested into BTC to show whether or not we have beaten a strict BTC accumulation strategy, yet I am proclaiming that whatever I did ended up beating a strict DCA approach. We can look at the DCA charts and see that if a person had invested $100 per week into BTC since December 1, 20013 until present, he would have had invested just over $56k, and he would have had accumulated 46.31 BTC (valued currently at right about $2.5 million), and so that would be right around 44.6x in profits, even though I am claiming to currently be at right around 54x profits.
I think that part of the reason that my own BTC holdings beat a strict DCA approach is because I largely front-loaded my investment into BTC in the earliest days of my BTC investment (and not everyone is able to do that), and I did not selling BTC as a means to attempt to accumulate more BTC. In other words, I did not sell any BTC until I concluded that I had reached a status of overaccumulation (which largely I reached that status in 2015), and so I didn't ever really get out of my status of having had overaccumulated BTC, which remains my current status today.
It is true that if we calculate someone who early accumulated BTC from December 2013 until December 2016, and who had invested the same $56k, such a person would have had accumulated right around 144 BTC (which would have had been right around $7.77 million), which would be nearly 139x profits. So surely there are ways that I could have had reported even better profits than the 54x amounts that I am currently reporting for myself, so I am not even suggesting that my performance is the best or that I could have done better, even though surely I could have done worse, too, and members here might want to report that the greatly outperformed DCA, and there is nothing wrong with variance existing within the performances of the portfolios of members, and surely sometimes we do try to learn from our mistakes or even to suggest that our method did better than another method...so I am not even concerned if a member who is a bit of a bragger ended up outperforming my own BTC holdings.
Yet, maybe I become a bit more resentful about guys proclaiming that selling BTC in order to accumulate more of it is any kind of a sound BTC accumulation strategy, since we are not ONLY talking to bitcoin veterans in this thread, but we are also talking to newbies who are still in relatively early stages of building their BTC holdings, so strategies that I tend to suggest are meant for everyone yet also somewhat sensitive to the plight of the bitcoin newbie or the bitcoin BTC accumulator/investor who is in his first cycle of BTC accumulation, and so I still consider that the same rules apply whether we are in our first cycle or it might even take longer than a whole cycle for any bitcoin investor to get to a status of either having had accumulated enough or to have had overaccumulated, which I believe is what is needed before even considering selling any BTC (beyond sell and replace), yet members like OgNasty, and even other members promoting BTC trading, are suggesting that BTC trading is a reasonable method to accumulate more BTC, and surely I don't agree with that kind of an assessment or approach to bitcoin accumulation.
From my perspective, it becomes even worse when guys become arrogant about using BTC trading as a method to supposedly accumulate more BTC, which from my point of view is more likely to result in members losing bitcoin (and/or losing value) rather than gaining bitcoin (gaining value), even if some members proclaim that they have become BTC trading experts. Trading takes more skills rather than either predicting the BTC price or following someone who supposedly knows everything.