Quote from: d_eddie on Today at 09:16:29 PM

Quote from: Gachapin on Today at 03:52:36 PM

Quote from: Paashaas on Today at 03:26:30 PM

What if....if Trump Bitcoin reserve allocation will indeed happening as a result the price will moon upwards $500,000+ in 2025. Shocked

we'd have a run-up like back in the days. Last cycle's was was broken by shitcoiner Musk and the Chinese mining ban

Again: don't forget Gensler hamstringing spot ETFs. I blame him and nasty senile Biden.

Get out of here guys, and we can describe a variety of reasons for price swings and even over exuberance in the sense that if we have various frauds going on in the market too that caused a downward cascade of contagions once some of those started to fall.. so who really can identify any one point and if the BTC price should have had kept going up when we found out about cascading issues when they started to come down.

It seems like Terra Luna kind of started the cascading, but there was also artificial prop coming from how 3 arrows capital and some of those were trading on the premium GBTC, that turned into a discount.. and then all of a sudden everyone was fucked.. since many were depending on that trade in order to offer their various outrageous and guaranteed yield products... with Celsius, Voyager, Blockfi,.. and surely the cascade of those contributed to the FTX/Alameda fall (after SBF was going to save all of the fledgling businesses first).

Quote from: LFC_Bitcoin on Today at 10:11:31 PM

Quote from: JayJuanGee on Today at 08:26:17 PM

What are you going to do at or around your seemingly modest target?

About a week and a half ago, I had already gone through a process of figuring out and then setting my sell orders after $150k and then up to around $450k, and sure I may have had been cheating a little bit since I had already outlined a tentative plan earlier in 2024, but then I thought that I could sleep on the tentative plan until BTC prices started getting closer to $100k, and so we kind of got stuck without getting too much closer to $100k, but then by December 4th / December 5th, my sell orders up to $150k started to seem quite scarce and as if they could easily fill and then catch me off guard without having any sell orders on the books.. so I did not want that.

Anyhow, it feels a bit better to have the numbers in place, and yeah, each time we get into these price discovery areas there are some disorienting aspects and at the same time some grounding that comes from making the readjustments.. like $100k is our new floor or something like that... even though sure, the floor could be pierced, but $100k becomes a new Schelling point... in which it seems more likely that we are going to Schell (if that's a word?) above rather than below the Schelling point.

Without giving too much away, I’m going to take what I deem as a lot of money out between $140,000 - $200,000. I still remember being deluded in 2016 and 2017 as a moon boy, thinking it would keep going up which led to me selling nothing. The ensuing bear market was tough because I had a lot of regrets. I said then, that would not happen to me again.

If the price continues to rise past $200,000 and we end up in some type of super cycle I will just sell more as we go up. Absolute maximum % of the current stash I am willing to sell is 50% this cycle but in all likelihood it will be 25% or thereabouts.

Obviously the plan will be to buy as much back as possible in the inevitable bear market that follows in 2026/27.

Fair enough. 50% would seem outrageous to me, and even 25% seems high, but I suppose you have to do what you have to do. I already have so much extra cash just from small sales on the way up (even here and even moreso I expect as we go.. which I can already see the projections), so I have a hard time imagining selling even more than I have, which still amounts to way less than 25%.. and probably amounts to less than just a few percent with the projected sales that I have all the way up to $450k, even though I can appreciate the inclination to sell some large chunks... and surely I have to figure out some ways to spend more money.. without causing too much work for myself.

These days, even if we get ups and downs all over the place, it seems that if we are getting to a place that if we end up getting crashes all the way back down to $100k then it does not even feel bad to sell some at the crash points, except my system already allows that I would be selling on the way up, so why would there be a need to sell at the bottom, unless I run out of money to buy BTC.. but it seems that the more the BTC price goes up (which was the historical case too) the more difficult it becomes to run out of cash..

just like it probably did not feel too bad for the guys who had average costs of below $100 per coin to be selling some of their coin around $20k in 2022.. in the event that they migh have had ended up in such a situation.. ... .. Sure, no one wants to sell the bottom rather than the top, but if some of us might end up getting to be so far in profits, then shaving off some extra cornz at various points along the way does not really make much of a difference if it happens to be at a mere 100x in profits rather than doing some of the shaving at 1,000x in profits or some number in between those amounts.. .. ..like whining in such a way that I only got 186x profits rather than I could have had gotten 342x profits.. . Don't get me wrong..since I might be talking a wee bit hypothetical about some of those levels of profits, since my own portfolio is only right around 106x in profits at the moment.. so it is not as BIG as the numbers that I am hypothetically describing.. which is one of the nice things about using $1k as an average cost per coin roundening.

Quote from: philipma1957 on Today at 10:14:52 PM