Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
JayJuanGee
on 31/12/2024, 22:25:13 UTC
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Well, I will have to agree on this one cause the rate at which BTC is pumping right now, the cost of frontloading your investment portfolio into Bitcoin will be really expensive, but hey you never can tell, someone with a deep pocket can just do it (still a presumption thought)
Such a thing does not need to be assumed because most people can also see that at this time there are already many rich people with deep pockets who want to buy Bitcoin without thinking about the expensive costs. Because people who already understand Bitcoin will never stop buying Bitcoin and they will even continue to be enthusiastic in buying when they see the price of Bitcoin which has increased. But if you do not have deep enough pockets to be able to buy Bitcoin in large quantities, you can still buy it little by little because that can also be a good option for people who do not have that much money.
The money we should invest in bitcoin is our discretionary income and not the other way round the reason why some people are to buy now is not because of the current price of bitcoin but rather they undermine the worth of bitcoin and they are afraid to take the risk. Traders are mostly the one that is seeing the current price to be too expensive because they are looking for short-term profit
Can you even hear yourself? Why would traders see the price of Bitcoin as expensive when they are interested in a quick buying and selling? That's not accurate, for traders are interested in the slightest fluctuation of the market price in their favour and can profit on both sides (Buy or Sell position). Investors should mostly consider the purchasing value of their asset and the intended goal of purchasing it.

For sure you are correct about traders in that if they are somewhat experienced rather than a newbie who is guessing about what to do, then they are going to have varying techniques to attempt to play both or either side of the trade, and so they may well not be too concerned about current prices as long as they believe that they have a reasonable thesis for taking a position in one direction or another, including realizing that even an overvalued asset can sometimes (or even frequently) continue to go up and to provide trading opportunities for any trader who is able to identify some kinds of meaningful and/or reliable indicators that go beyond merely assessments of over or under valued.

On the other hand, I think that you misstate the investor's sensitivity about short term BTC prices, especially if you are discounting that low coiners and no coiners may well need to spend several years accumulating bitcoin without giving too many shits about BTC prices, especially if they are entering into bitcoin with an investment thesis that is 4-10 years or longer, and surely there are some investors who may well be considering their entrance into bitcoin (and their plans to accumulate bitcoin) as something that carries out 15-30 years or longer, so even if they might change their mind down the road (which they surely have the right to do), they still might consider that they are investing into bitcoin for decently long timelines, so they plan their BTC accumulation strategy in accordance with regularly buying bitcoin and without giving any shits about short term BTC price movements, and they might even consider that anything currently under $1 million per BTC is a good deal, so they accumulate BTC no matter the price.... and they also may well not be in a position to lump sum invest into bitcoin, so their $100 per week (or even their $10 per week) is not going to make too much of a difference if the BTC price happens to be $108k, $93k, $61k or even $236k....

Once some of the newbie investors accumulate bitcoin for 4-10 years or longer, there may be some point in which they start to become more interested in monitoring the BTC price and attempts to strategize their additional purchases on dips rather than regularly, consistently, persistently and ongoingly.

Many of you might also fake it to call black--white, but the truth is that the Bitcoin you bought at $10,000 is cheaper than the Bitcoin you bought at $100,000

If someone just came into bitcoin, even within the last couple of years, have never had opportunities to buy bitcoin lower than $16k, and it would be unrealistic for them to turn back the clock or even to guess about where the BTC price might go from here, including that it may well be quite presumptive for them to speculate that BTC prices are ever going below $90k again.. .so they have to be careful about fantasizing regarding what they did in the past or what they could have done or should have done, including that whatever they did do, is already locked in, so sure they  can take that into account in order to try to figure out what they are going to do from here in terms of ongoing BTC accumulation strategies.

and the profit the two would earn when Bitcoin gets to $150,000 aren't the same,

Even guys that got into bitcoin under $10k, perhaps 4 years ago or more, may well feel that they are not in a position to be fucking around with trying to take profits, even if BTC were to reach $150k in the coming weeks or months.

If you might realize that investors do not tend to preoccupy themselves with taking profits, then you might see that there may well be some mental frameworks that you are trying to impose, since you seem to have such an ongoing tendency to preoccupy yourself with profits and/or trading opportunities that you might identify, yet investors might not give too many shits about those short-to-medium term profit factors that you seem to want to measure as being so relevant to your own perspective but not so relevant to a BTC accumulator/HODLer who is way more long-term oriented.

So your preaching about various profits are likely not going to be very relatable for BTC investors who have really gotten into longer term thinking and appreciating a likely beneficial outcome that focuses on either ongoing accumulation or some combination of accumulation and hold rather than including selling into their BTC portfolio management orientations.

let's stop pretending that the value of Bitcoin is always the same at all prices, smart investments and planning are keys.

Sure.. value versus price.. which frequently, I like to consider the 200-WMA as a way of valuating our BTC holdings, yet the mere fact that the BTC spot price and the 200-WMA bounce around relative to each other does not necessarily justify attempting trying to trade upon such variations in value versus price.

You seem to continue to want to suggest that you are smarter than everyone else since you seem to want to promote trading ideas, and surely trading is a specialty that an overwhelming majority of normies are not going to be able to employ in profitable kinds of ways. .including being able to beat a BTC accumulation strategy that spans over 4-10 years or longer and that largely focuses on ongoingly, persistently, consistently and perhaps even aggressively accumulating BTC.  Sure, there may well be some guys (traders) who have been able to beat longer term BTC accumulation strategies, such as beating BTC accumulation strategies that are 8 years or more, yet the mere fact that some guys have been able to beat such regular BTC accumulation strategy surely does not justify that guys fuck around with such a trading strategy, absent maybe some personal specific reason that they would be suitable for the employment of such trading strategies.. .seems like rare individuals, and personally, I think that it is way better to be attempting to figure out what an overwhelming majority of people should be doing (which is likely ongoingly buying BTC) rather than projecting that normies have abilities to fuck around with trading strategies or even  waiting to buy dips rather than getting started and focusing on accumulating as many BTC as they can through buying-oriented strategies over the next 4-10 years or longer without getting distracted into fucking around with selling and without ending up overdoing their own BTC accumulation strategies by failing/refusing to sufficiently/adequately manage their cashflows.

And.. by the way, on a more personal level.. Merry Christmas, Happy New Years, and otherwise happy holidays to you EarnOnVictor.