Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
JayJuanGee
on 05/01/2025, 22:41:11 UTC
[edited out]
If people have so much money then they must invest, if they have money from other activities then they can hide this money.You are absolutely right, but I don't believe that common people won't have that much money, if they have that much money why don't they invest in something that doubles their money.

Bitcoin is amongst the best of investments, and perhaps the best of investments, so I am not disputing any questions of putting money into bitcoin, whether it is $10 or $10million or some other amount of money.  I am merely suggesting that members should be trying to be more realistic with their examples, rather than picking out some amount that hardly has any applicability to either normal people or likely people who are participating in this thread... even though sure, such person with $2 to $3million available may well still be best off to put that money in bitcoin rather than anywhere else.

There are example of different people that you have said that some people have so much money because there are some people who have put some money to add to their everyday money.   These are example of people and there are some people who have multiple investments and get money from other places, these are examples of such people.

Many times if someone is brand new to bitcoin and they have a lump sum that is of a considerable size (perhaps anything greater than $20k), they likely are already going to have had some practice with other investments, since it is not very common that folks are going to want keep very much money in cash, even though surely there could be some cash equivalent products that they might invest into, even bonds or interest bearing cash-like instruments.

And surely the kinds of an investments a person has and their investment experiences could affect whether and how they might get into bitcoin, and sometimes they still might want to be careful regarding how they might get out of some other investments (unless the investments are cash-like), and it is difficult to know in advance how they might want to ease out of one investment and into bitcoin, if that is how they choose to proceed.

These are the people who have no idea about the value of Bitcoin. 

Even if they are new to bitcoin, we might not want to presume that they don't know anything about bitcoin, to the extent that their knowledge of bitcoin as compared to their knowledge of other places that they might have (or they might consider putting their value) might affect whether and if so how to get into bitcoin.

If they even know its status there are people doing things outside of Bitcoin that they have named businesses.  Such people should definitely put their investment in Bitcoin so that they can also get a lot of profit from it.

I generally agree with the idea of getting 5% to 25% into bitcoin for newbies, yet even my recommendation is a pretty wide-range and people have to figure out their level of allocation and even how long it might take them to get to their target level of allocation and if they might change their thinking along the way.

When I first got into bitcoin in late 2013, I had a 6 month budget for myself, that in May-ish of 2014, I extended another 6 months, and so by the end of 2014, I had assessed that I had gotten about 10% into bitcoin, and so my thoughts about allocation aggressiveness have gotten stronger since late 2014, and each person has to ultimately figure out their own level of aggressiveness in light of their own 9 particular circumstances, which might even mean that it could take them time to figure out their position size, and I doubt that very many folks are going to come to bitcoin expecting their profits to be guaranteed or even that it is acceptable to invest within the 5% to 25% range that I recommend, which means that they might be more agreeable to something less than 5%, which in the end is their choice and their responsibility to figure out their approach to bitcoin, if they decide to get involved at all.. .which currently we have an overwhelming majority of the world's population who consider to keep  themselves as low coiners and/or no coiners.. at least at this time, there are not a lot of investors into bitcoin.

Fair enough that largely you have been improving your bitcoin focus, and largely you have two years of such improved focus under your belt, and even though none of us (besides you) can really know the various ways in which you can increase your BTC accumulation aggressiveness, without over doing it, there should be a bit of a presumption that as you learn (and through two years of pretty solid experience), you are able to tweak your approach..

and so there are presumptions that you should be able to increase your aggressiveness, yet there also could be times in which you come to realize that you had been going too hard and too strong - and also recall that there is likely an over-representation of normies who consider themselves to be bitcoin investment geniuses (are you one of them?) since they get the false impression that they are smarter than they are, merely because there has been almost no way to fail in bitcoin in the last 2 years since the BTC price has pretty much continuously gone up during that time.

Each of us has to attempt to retain some level of humbleness in regards to realizing that we might not really know how aggressive that we should be and how much aggressiveness might be too much, especially since there likely could be a considerable amount of turbulence in 2025, including that we may or may not end up getting a blow off top in 2025.. yet we cannot even be sure about that.. so we have to try to protect ourselves no matter where we are at, and surely there has to be some level of good feelings that any of the guys in bitcoin are going to have if they had been employing relatively aggressive BTC accumulation in the past 2-ish to 3-ish years...and many of us surely start to feel good when we have on-paper profits in our bitcoin holdings and even a decent amount of cushion between our average cost per BTC and the current BTC prices....

Some guys will overreact and even end up screwing up based on their perceptions of the "right thing to do," and in the end, it can continue to be challenging to even get through a whole cycle of ongoing stacking and perhaps even also realizing that true levels of comfort may well not really start to materialize until 1.5 cycles or more.. of course, depending on circumstances, too... and no one is going to save any of us or feel sorry for any of us if we end up screwing up within our own figuring out of whether to be aggressive and/or how aggressive to be or if we might end up erroring on the side of being too aggressive, yet not realizing that we had gone too far (or we had not gone far enough) until after we had already screwed up.
That's right sir, I still need a lot of more constructive suggestions in the accumulation that I want to run in the coming year. I don't mean to act more aggressively right away but I plan to adjust the ideas in this thread especially your explanation so that I can combine them with my ideas for a more tiered accumulation phase this year.

Honestly, I feel happy and also satisfied with the journey of the previous 2 years. It was amazing, I only focused on accumulating Bitcoin every week and DCA has been the first choice in the last 2 years.

Of course you are right, humility and accepting input from others are certainly better for growing an approach to bitcoin. Especially in 2025 of course there are many hopes that we want to achieve, such as expecting health so that we can find money to invest and be successful like the accumulation in the previous year, also wanting to step more carefully so as not to make mistakes this year.

I really cannot tell you what you should do or what the BTC price might do in the next 2 years to get you through your whole first cycle of relative aggressive ongoing, consistent and persistent BTC accumulation.  Sometimes if we try to take short-cuts or we might employ a waiting strategy, then we might not yet be quite ready for such an approach.. . which I would think that tentatively, it would be better to continue to buy on the whole way up through whatever might come in the year or two, and then if we get a correction, continue buying on the way down, and at a certain point after buying on the way down, and if the BTC price is returning up, your BTC stash and your own particulars might help to more better inform you how to proceed from that point.. and whether you have enough BTC yet or not.

Another reason that is it is difficult is that if we are going to deviate from ongoing accumulation of BTC, then it seems to me that we need to reach a point of sufficient (or more than sufficient - which is even better) accumulation. .which it seems to me that if you do not know that you have reached over accumulation, then you probably have not yet reached it.. which likely continues to justify ongoing buying until it becomes clear to you that you have more than enough.

You know that it takes normal people 25-40 years or beyond to reach a status of adequate investment into whatever they are investing into, so if you can reach such status in bitcoin in less than 10 years, you are doing extremely well.. and if you don't exactly want to discuss your own particulars, then you might want to present a hypothetical person who has been accumulating a similar amount of time, and even compare such person to other hypothetical persons, and I bet that your process of plotting out such comparisons is going to help you to answer the question for yourself without any major input from any other forum member,, whether this here cat or anyone else, even though I am more than willing to look at you projection of hypothetical peeps.. perhaps show 2-3 timelines and show 2-3 levels of aggressiveness, and we are not necessarily going to know which one of the hypothetical peeps most resembles your own situation - unless you tell us, which is quite likely not necessary.

I have made similar presentations of comparative hypothetical persons in the past, so you can even use my earlier examples as a way to plug in more contemporary examples of recent BTC price performance that might help to flesh out some different (yet similar) parameters.  When we look at comparative examples, it is not always completely clear if the person has reached his status yet or not. but at the same time, looking at the comparative examples, it does tend to make it more clear what the trade-offs might be in regards to a guy assessing that "he has made it to such status of overaccumulation" or not.

Earlier (it may not have been in this thread), I had given an example of a guy who currently considers that right now 21 BTC would be enough or more than enough BTC, and so one example was a guy who had accumulated 66% more BTC, right around 35 BTC, and the other example was a guy who had ONLY accumulated 7 BTC, and so my assessment was that the guy with 7 BTC would be at a similar status as the guy with 21 BTC after 4 more years, so it is not like he needs to get to 21 BTC in order to reach the same status as the guy who currently has 21 BTC, since the passage of time, even if he does not contribute towards his accumulating more BTC, with his already having had achieve 7 BTC, even if he did nothing besides hang onto his current 7 BTC stash, he will still be at a very similar level of wealth as the guy with 21 BTC right now...so sometimes, we just have to figure out the numbers and then project the time and then try to put them together to get some projected ideas that might not be 100% accurate, but will still get us in the ballpark of decently accurate ideas of where we are at, where we are going to want to go and how we might get there.