Quote from: philipma1957 on Today at 12:30:14 PM

I think the musky trumpeter will retaliate against Mexico and Canada Today.

maybe he raises tariffs to 30% instead of 25%

The musky trumpeter has only just begun.

For some reason you seem to get a lot of enjoyment out of ongoingly over-ascribing his power.

Quote from: philipma1957 on Today at 04:02:48 PM

Quote from: ChartBuddy on Today at 04:01:14 PM

Explanation
Chartbuddy thanks talkimg.com

full boat
9's over 2's

I am pretty sure that is called 2s over 9s.

Quote from: WatChe on Today at 04:42:48 PM

Quote from: vapourminer on Today at 12:10:49 PM

both liquors have erased my memory its one reason i dont drink now

aaaand i got a ~93k laddered buy in. next downitty buy is ~88k

Even people who do not drink can have there memory erased due to different reasons. Choice is yours

bitcoin wont go below 90k. 90k will be bottom for every dip.

That is what she said.

I am not saying that you are wrong, but bottoms are never 100% certain.

Anyone around in 2018 likely recalls that the $6k bottom was tested around 6 times before it finally broke, and then when it broke we had nearly an immediate dip down to right around $3,124, which ended up being the bottom for that cycle.. but surely we can have difficult times knowing when the bottom is in, whether referring to an actual cycle or merely referring to a local bottom or the seeming bottom of a range. I am not saying that you are wrong, except maybe the extent of your presumptuousness is a wee bit much (have you been following the style of philipma1957 too much in recent times?... hahahahahahaha)...

Quote from: serveria.com on Today at 04:54:00 PM

Quote from: WatChe on Today at 04:42:48 PM

Quote from: vapourminer on Today at 12:10:49 PM

both liquors have erased my memory its one reason i dont drink now

aaaand i got a ~93k laddered buy in. next downitty buy is ~88k

Even people who do not drink can have there memory erased due to different reasons. Choice is yours

bitcoin wont go below 90k. 90k will be bottom for every dip.

I'm pretty sure we're going to revisit below 90k next year or in 2026.

That is a very good question. I have been pondering that question too, in the context of whether sub $100k will ever be touched again, once we get sufficient distance above it.. .. and surely you might be correct, and I think that I said that I was not going to start to rest assured that there might be greater than 50/50 odds of sub $100k unless we get above $333k (which would then require a 70% or greater dip to get back down to $100k). Another question is how long it takes to get up to $333k, if we were to get up there, and so then that could affect how likely it would be to come back down.

You could be correct, since we cannot even take for granted that BTC prices will get above $200k...yet at the same time, if the BTC price does not go up as high, and as fast, then there may well be less likely to have as violent of corrections, and I am surely not even coming close to proclaiming that violence is not going to continue to happen in BTC's future prices.

Quote from: LFC_Bitcoin on Today at 06:49:42 PM

Just hit $100,000 again.

I fucking love you, BITCOIN

That is a bit much. Roll Eyes

Quote from: xhomerx10 on Today at 08:16:37 PM

Quote from: Ambatman on Today at 06:46:51 AM

Expecting a Fall doesn't mean it won't hurt when it does happen.

You just have to know how to fall.

We used to practice various kinds of rolls and falls in Hapkido. I do use that from time to time, but not as often these days... but I recall when I use to play ultimate frisbee, sometimes a guy would get off balance in one direction or another and those falls or rolls would come in handy whether doing them forwards or the backwards version.

Quote from: Paashaas on Today at 08:29:23 PM

A chequered admissible $10,000 rebound back above $100,000 Tongue

You kind of blow with the wind a wee widdo bit, no?

Remember your yesterday's post?

Quote from: Paashaas on February 02, 2025, 07:22:51 PM

Bullrun will not resume anytime soon all because of a Chinese chatbot and Trump initiated a tariff trade war.

Bearish sentiment kicked in, price could drop much lower.

How's that working out for you?

Quote from: Ambatman on Today at 09:48:34 PM

Quote from: JayJuanGee on Today at 09:31:53 PM

Quote from: Ambatman on Today at 06:46:51 AM

Expecting a Fall doesn't mean it won't hurt when it does happen.

What about expecting a fall and then it does not happen? What happens then?

Hopefully you did not sell expecting it to happen.

Hopefully you did not fail to buy the dip because you expected more dip.

Those are common mistakes, which makes it dangerous as fuck to act too strongly on your expectations, but instead to just have systems in place, such as buying at certain price points on the way down and then perhaps having some extra money to buy more if the price drops more but not having so much value at those lower price points that you regret not buying when the BTC price resumes back up, instead of down.

I didn't sell at 108K, why should I sell any lower?
Like I usually say, ain't a Fan of trading.

Even though I used the word "you" in my post, the substance of my response was not directed a "you" in any kind of a personal way... so in that sense I stand behind what I said in that post.

Quote from: Biodom on Today at 10:09:11 PM

Quote from: JayJuanGee on Today at 09:31:53 PM

[edited out]

100X in 8 years is 78% compounded...beats S&P 500 by, say, 4.45X (78% compounded vs 17.5% compounded, which is incredible amount for SP500).
That said...%% are less important than the "bulk".
Just look at Saylor: he is "only" 50% on his bitcoin, but his wealth and and his company wealth increased at least 20X, maybe more.
My point is, you have to start with a substantial purchase (could be over a few months, but NOT too many years).

DCAing 2014-2024 has got to make much less that buying it all in 2014 (or 2015 or 2016), but I know that we disagree on that Grin

.

EDIT Btw, Charlie Munger said "that it is difficult to have a first 100K in any investment, but you've got to do it...it much easier afterwards." He said it in 80-es or 90ies...i would think that the critical "value" now is, perhaps, around $ 300-500K.

We disagree about the practicality of the matter rather than the idea. I have no problem with lump sum investing and frontloading I advocate for it all the time. DCA is a form of frontloading, especially if you DCA in an aggressive way, you might invest as much as you can as your money is coming in.

An overwhelming majority of normies do not have abilities to frontload their investment into BTC, even if they might have other investments, they might not want to reallocate out of their other investments into bitcoin.

Another thing with some of the lump sum approaches that you had previously described, they were whimpy... and surely I prefer ongoing investing to reinforce the investment over one whimpy starting investment.

Remember your earlier example of $6k-ish invested in 2015 and getting 20 BTC.. That is all fine and dandy, but it seems to be a bit whimpy if a guy can come up with $6k in 2015 and then fail/refuse to buy more BTC at regular points thereafter, and so perhaps the guy who is able to invest $6k BTC in 2015, he would also be able to buy $120 per week worth of bitcoin, and so if in the last 9 years the guy would have been buying $120 per week, he would have invested $56.4k and he would have gotten an additional 16.87 BTC, and so which guy would you prefer to be?

The guy who bought 20 BTC and sat on it or the guy who bought 20 BTC and supplemented it with another 16.87 BTC (so having a total of 36.87 BTC)? Sure the first guy ONLY invested $6k, and the second guy ended up investing $62.4k BTC, yet the second guy is in a way better position than the first guy.

Quote from: cAPSLOCK on Today at 10:58:50 PM

Is Bitcoin still a correlated asset with the Tech market? Or even the stock market in general?

Maybe not.

As long as I am waxing bullish (and prob going to crash the price lol) I would point out that there might just be some insiders that know what is going to happen tomorrow... (though I might refer back to this asterisk later tomorrow if a theory I am toying with actually pans out... * )

Oh my...

you believe the nonsense correlation theory? Are you new here?

Snap out of it.

Bitcoin was never correlated to either stocks or to the tech market wannabe wishful-thinking stocks, even if you might witness short periods in which bitcoin appears to be correlated to those items that are both different in kind and surely none of them are paradigm changing. Have you ever heard of a paradigm change? If not please look into dee cornz, aka king daddy, aka honey badger, aka lil fiend, aka my lil precious, and other from time to time aliases.

You likely need to zoom out to see that bitcoin has out performed all of the various stocks even if you want to select some of your favs, and so what if the curves of some of them happen to seem like they are "in harmony" from time to time, bitcoin has made numerous steps ups at various points in time.. can you see in the historical charts?

Please don't tell me that you are going to tell me that the various step ups do not count.. so you just want to look at the other times that the curves of bitcoin seems to line up with your favorite tech stock?

Oh gawd.. Roll Eyes

get real!!!!! I hate to be the one to break it to uie pooie. I thought that you were one of us..

Cry