I don't disagree with anything that you are saying, yet from what perspective are you speaking?  Have you already accumulated enough BTC or are you still accumulating BTC?

Surely, I presume that the overwhelming audience of this forum have not accumulated enough or more than enough BTC, so in that sense, the overwhelming suggestion is that any forum members should keep accumulating until they reach such status of enough accumulation or more than enough.

What to do becomes a bit more ambiguous for anyone who might be getting higher in regards to the amount of BTC that he has accumulated, so maybe those kinds of guys might just HODL or maybe from time to time buy on dips if there are dips that reach a sufficiently enough level.. otherwise they just might be just waiting and not really doing anything at these levels.. .not really buying and not really selling because we have largely been mostly between $55k and $74k since late February of this year.


I agree with that too... so anyone who has been accumulating BTC for less than a whole cycle or who might not have had front loaded his bitcoin investment may well have to just keep accumulating, and where we have been for the past 8-ish months should not decrease confidence in regards to where we might be going from here.


That is true.. Mostly likely there should be a need for a whole cycle or two if anyone might be scraping off much if any "profits" in the $100k territories, and gosh we likely have come accross quite a few forum members in the past who had been thinking that 2x - 5x profits were meaningful, and then they ended up selling too much BTC too soon.


I largely agree with you about this too, yet every cycle we end up witnessing folks selling way too many BTC too soon, when they get caught up upon adding another digit, just like you mentioned with too many selling too soon around $1k and also too many selling too soon around $10k...   though surely the first time we got to $10k there had not really been enough time for the buyers to catch up with the price, yet this time around, it seems that buyers have had plenty of chance to catch up with the price, namely, nearly 4 years.. hahahahaha.   We were around $64k in early 2021, so sure 3.5 years ago, and so we might consider our back and forth and our opportunities for the buyers to catch up to the price to be a 3.5 year process and so we shouldn't be having any fears of buyers to continue to buy, even if the BTC price might go up several times from here.. sure it is not guaranteed, yet it can surely be problematic for guys who think that they are smart and they sell too much too soon in anticipation to buying back cheaper, but the price goes the opposite direction of their expectations... yeah, surely no coiners, lowcoiners, bitcoin doubters (naysayers), shitcoin pumpers, fence sitters all are going to believe that some of us bitcoin HODLers are talking our book and bitcoin cannot go up and blah blah blah.. and I hardly give too many shits because I am o.k.. either way, yet a lot of them do not have coins or do not have enough coins, and they are too busy fucking around preparing for down (or fucking around with shitcoins or failing/refusing to buy bitcoin) rather than making sure that they have enough for up, just in case.. which is the nature of an asymmetric bet to the upside, you don't even have to have a lot of coin in order to be prepared for UP, but you are kind of fuck if you naysay bitcoin and you fail/refuse to prepare for up because you think you are smarter than everyone else in terms of your supposed (presumptive) understanding of king daddy and your presumptions that its upside is limited to some arbitrary numbers that you have in your head.


To me, it sounds like you are saying different things than me, including when you state that you are summarizing my ideas, so I just want to make sure that I point out that I believe that what you are saying does not sound the same as what I am saying.

i suppose that if you are citing what I said and then saying what you believe that I mean, then at least others would be able to verify your statements to figure out if we might be saying the same thing or similar things.

I am getting somewhat lost in terms of figuring out what I might be able to say that is an attempt to clarify what I am saying that seems to differ from what I believe that you are saying to summarize me.

Essentially, I will concede that guys who come to bitcoin with other investments are going to be in a different position as compared with guys who come to bitcoin and they have no other investments.

Generally, I prefer to start out our presumption that newbies coming to bitcoin do not have any other investments and/or maybe they might have some savings that they might be able to direct towards investing into bitcoin when they are starting out in their journey to build up their bitcoin investment.  So, in the beginning of any investor's journey, I am not presuming that they have any other investments to balance, and I am not even suggesting that they need to counter-balance their bitcoin investment with real assets, even though frequently, I will suggest that any newbie investing into bitcoin should be attempting to protect his investment into bitcoin by simultaneously building his emergency fund so that he never has to sell his bitcoin at any time that is not of his own choosing.  Emergency funds tend to be held in the kind of cash that is generally used to pay bills, so whatever might be the fiat of the area that a person pays expenses, even though surely there are some jurisdictions in which the fiat loses value so much that some people might prefer to hold their cash in dollars (or some dollar equivalent) rather than holding the cash in the form of their own fiat.  So I am not even suggesting that any kind of need to balance bitcoin investments with real assets, as you seem to be proclaiming to be my prior talking points.

Another thing I do frequently proclaim is that newbies should be attempting to individualize their investment into bitcoin in accordance with their 9 individual factors.

Once a person may have spent time building up his bitcoin investment and his emergency fund and other kinds of reserve funds, and then maybe the bitcoin investment might start to get close to or exceed a year's expenses, then maybe the person might consider balancing and/or diversifying into real assets, yet that is also optional as to when to start that kind of balancing and even how to go down such a balancing path, so I have never suggested any kind of need to balance with real assets and/or to even particularize which assets are good for balancing, except that I tend to suggest that investing into shitcoins is not necessary and also that traditional classifications of other categories of investable assets would be properties, equities, bonds, commodities and perhaps even business endeavors, yet none of those are mandatory areas that I had proclaimed to be necessary to balance a bitcoin investment beyond bitcoin and cash.. and surely anyone who invests long enough into bitcoin and ONLY has bitcoin and cash, may well start to figure out that it may well be in his interest to make sure that all of his investments are not ONLY in bitcoin and cash, yet I am not even suggesting that such balancing would be part of the earliest stages of bitcoin investing, except for people who had been able to front load their BTC investment and to get to higher levels of BTC investment faster than the overwhelming majority of folks who likely are going to need 1-2 cycles or more accumulating BTC before they might end starting to feel some needs to balance out their BTC investment with other assets (whether real or not).

By the way, your emphasis on "real" assets surely does not sound like something that I would proclaim to be necessary, since that makes me sound like some nutjob that believes gold has value because it is physical or even that houses have value because you can live in them and blah blah blah bullshit ideas that wouldn't be the kinds of proclamations that I would have had been making in recent times... or perhaps ever (in the past 10 years since I got into bitcoin).


Of course, within hours is a bit of an exaggeration, since even when there are considerable price bounces, or even going into areas of price discovery, some of the momentum usually will have to build up, yet going 50% or higher past our current ATH within days is not really out of the question, yet I would imagine that even from here (Mid $66ks) there would be a bit of resistance until we reach $74k-ish, and then there should be some resistance in the $80k-ish area and then there also should be some resistance before going above $100k, so perhaps some resistance from about $92k to $98k and even right at $100k.. but sometimes when the BTC price starts to go up like that in those seemingly crazy kinds of ways, the resistance disappears because the otherwise sellers will sometimes pull their sell orders with a kind of sense of futility to sell during periods that price discovery is happening and there are no really signs of short-term stopping points.. and that it becomes a bit futile to try to go against the momentum once the momentum starts happening...and we cannot always know when that is going to be and how much of a move causes fewer and fewer coins to be available and for sale at those prices.

At some point, even when the BTC price is shooting up, there ends up being pauses that may or may not be able to stop or reverse the UPpity momentum... yet even those pausing points are not always obvious in terms of their likely success to stop the BTC price from going up... so then at that point, guys who had sold too much too soon may well end up kicking themselves, and/or getting stubborn, and sometimes turning into bitter no coiners or bitter low coiners, when they could have had a different fate if they had not ended up selling too many of their corn too soon.

I am not going to proclaim to know when or if those kinds of times are coming to bitcoin in the near future, yet I have been through several of them in the past 10 years, and it surely is a tense kind of a feeling, and can be paralyzing even for guys who are mostly hanging onto our coins, we may well be getting nervous about how much our net worth is going up in such a short time (on paper), and we may well question whether and/or how much we might want to put those paper profits into cash or just let them ride...so some of us who might have thought that we had a plan may well end up modifying our plan in the midst or just otherwise going through tough deliberations about what to do.. which might even be more difficult for guys who are in their earliest of stages of BTC accumulation. since they already know that they don't have enough BTC, but they also don't want to sell any either, even though they might well sense that the current level of BTC price rises are not sustainable... but they still might not be sure about what to do, even if they might have already had a tentative plan, but at the same time, they are questioning their tentative plan.


If you are reading laijsica to be meaning that "real assets" is actually cash and emergency funds, then perhaps laijsica is saying similar things as me and other forum members if he is largely just referring to various kinds of back up funds rather than talking about real assets in terms of gold or physical property or some of those other kinds of understanding of real assets, since I surely have not been suggesting any kind of need to build or maintain investments in any other assets besides bitcoin and cash until such a point of time that they might get to a large enough size (such as 1 years of expenses) that it might start to make sense to branch out into other kinds of ways of holding value while still emphasizing the continued building of the bitcoin holdings... so yeah, if laijsica is referring to "real assets' to be cash, then we might be somewhat on the same page, even though the use of the term "real asset" is misleading if he considers cash to be a real asset rather than conventionally the term "real asset" refers to physical assets such as property, gold and maybe even equities in a company, which truly I would not consider those kinds of assets to be necessary for beginner bitcoiners, yet they might build up to a situation in which they might start to feel some needs to balance their bitcoin investment into other categories besides just bitcoin and cash.


The actual practice of DCAing likely existed prior to it receiving a name.. whether applying it to stocks or a farmer applying the principle to saving money in order to buy a cow...or various other kinds of applications, since surely investing in stocks was not as available to regular people in earlier years and surely bitcoin and even shitcoins have brought more and more opportunities for normal peeps to get involved into investing, which surely I would not suggest to invest into shitcoins, even though they have come available to normal people in ways that might have been much more difficult to get such access to areas of investment even 5 or 10 years ago (even though many of us would not consider shitcoins to reasonably fit into the category of "investment").