Quote from: JayJuanGee on Today at 10:13:40 PM

Quote from: OutOfMemory on Today at 08:18:53 AM

Quote from: JayJuanGee on February 02, 2025, 10:15:04 PM

Quote from: OutOfMemory on February 02, 2025, 01:04:12 PM

I'm prepared for downity this time.
Hope u're all too.

My laddering sells started at $100k, so if we go lower ($90k was "max pain" price of expired options), i will buy in again, otherwise my old van will be replaced this year.

Wow.. you seem committed to being a low coiner and/or selling too much too soon.

These are smallish (not too much) and incremental (not to soon) sells. Most of my stash is kept untouched. This is the first round of taking profits from my oldest holdings, these are tax-free, with a little exception (see below).

I stand by my various meanie pants comments.

Quote from: OutOfMemory on Today at 08:18:53 AM

Quote from: JayJuanGee on February 02, 2025, 10:15:04 PM

Also you are selling to buy back cheaper, which is a "no, no"

Possibly buying back cheaper, or delivering to the "spending" pot. In hindsight, it was a "buying back cheaper" event, partly. The gains from these buys are taxable when i sell these back-bought coins for fiat, however. So the "gains" aren't that much, also not that bad.

Selling on the way up is still the better practice, and I would think selling on the way down is a sign that "mistakes were made."

Quote from: OutOfMemory on Today at 08:18:53 AM

Quote from: JayJuanGee on February 02, 2025, 10:15:04 PM

But hey you can do whatever you like, even dumb things... .except you are bragging about it on the WO, which deserves some kind of a bat slappening.. maybe a baby bat, just for fun? .. .but yeah, we might not have to worry about batslappening you since the market might help to teach you a little lesson.. perhaps? perhaps?

Another thing is that you should not be selling any BTC unless you mostly already have enough or more than enough, but any sales that you do should be on the way up, not on the way down.. so you need to go back to bitcoin HODLer 101 school.

We are on the way up, aren't we? So i don't completely understand your point here.

You can call it "on the way up" all you like.

I remember hitting $90k around mid-November, so sure there could have had been various sales "on the way up" between $90k and $109k while we were actually on the way up, rather than yesterday when we were correcting, and also we were correcting starting from about January 31 when BTC prices hit just above $106k, and then we were slowly going down for the next few days, including yesterday when we went from right ayeround $100k and down to $91.5k.. I would call yesterday a down day, which was the day of your post, which had already been preceded by two earlier down days.

Quote from: OutOfMemory on Today at 08:18:53 AM

As i wasn't supposed to be bragging, just telling that i begin to take a small part "off the table", which was planned for 2025 anyway.
I think i have mentioned that last year here?
Baby-Batslap accepted Wink

I could have been that you did not realize that the BTC price had been going down for two days prior to your announcement, and sure maybe you think that it does not matter, and sure in the end, you are free to do whatever you like, but part of the problem is announcing it in this thread without shame.. .. surely I have made mistakes..too... We all likely make mistakes.. but still stand by my comments about your way of announcing it...including being glad that you accepted your baby batslap at the same time, even though yeah, maybe it is a bit much for me to go on and on and on about the situation..

Quote from: OutOfMemory on Today at 08:18:53 AM

Quote from: JayJuanGee on February 02, 2025, 10:15:04 PM

Quote from: OutOfMemory on February 02, 2025, 01:04:12 PM

All in all, less than 50% of my payout goes into expenses, the reamins, which are less than 60% of the part i decided to sell, will be used in the next bear market to restore my Bitcoin balance.

The mere fact that you are anticipating some future payment so that you can buy more bitcoin should not excuse you from being dumb in regards to selling BTC, expecting to buy back cheaper, but really just selling BTC because you think that Larry Fink and Michael Saylor don't happen to have enough cornz.

And another thing... I thought that you were still awaiting a hearing (or a decision or something) in regards to your potential upcoming payout, so in other words, the money is not in the bank, and you don't have any guarantee of any payout until the fat lady sings, am_I_not_rite?

I have guarantee by "legal certainty", which relies on three (!) preceding trials in the same case here. It's the fourth time, just because someone isn't doing his/her job well at the insurance company. Rumors say they always try to kick people out, because sometimes they are not educated well enough to bring this to the court and some are even to weak, sick or tired of doing so. The problem here is that the insurance doesn't know about the laws as good as myself. It's purely their fault that i have to go through this, but i have got a lot of stamina.

The money is still not in your bank account. Sure you can treat it as an expected future payment, but still there may well be ONLY so much that you can do if the money has not yet hit your bank account or your grubby lil mitts.

Quote from: OutOfMemory on Today at 08:18:53 AM

Second, the final hearing should have taken place half a year ago, but the attorney of the insurance thought he is too clever and started to doubt the wording of the medical expert (the one the judge addressed to examine my condition), so the expert had to write a follow-up, which had to be revised by the court again, to just emphasize the result of the original examination.
Apes at work. As the insurance company, i would fire the idiot attourney (they have many). Can't wait to explain the law to him (again) in the court room.

Those additional facts are not adding to the certainty factor in regards to either when you will get your payment and/or how much the payment will be.

Quote from: OutOfMemory on Today at 08:18:53 AM

Buying back cheaper saved some Sats from Saylor, instead. This time i was confident because of the options those CME option expiry figures gave me. I only rarely pull off such trades, because i want more of that Bitcoin as a result, not less. The lower back-buys didn't trigger, so they go tax-free into the car later this year. Also not bad for me.

So far you have ONLY sold and so far you have not bought.. so from my point of view you were selling to Saylor, Fink and perhaps a few of the WO thread regulars. I had buy orders fill at $100.1k, $98k, $96.5k, $95k and $92k.. I could have bought your sold coins, perhaps (or at least indirectly)?

Quote from: OutOfMemory on Today at 08:18:53 AM

Of course, this makes me less of a hardcore perma-HODLer, but not completely (by far, considering the relatively tiny amounts these trades are about).

You have done it before in regards to house renovations and even some other stuff that you had mentioned previously, and I am not sure how those kinds of sales had worked out for you. I have had sales of BTC too, but might have tended to be mostly systematic that I have been doing since late 2015 when BTC prices were $250.

Quote from: OutOfMemory on Today at 08:18:53 AM

But yeah, as i already said, Baby-Batslap likely deserved. Ouch, but no bruises Grin

Probably the baby batslaps don't hurt too much, beyond maybe feelings, but your further explanation really did not seem to help your case.. and perhaps pleading the 5th might have had been better. #justsaying.

Quote from: aesma on Today at 10:16:58 AM

Quote from: OgNasty on January 31, 2025, 10:42:01 PM

Quote from: JimboToronto on January 31, 2025, 10:33:17 PM

Quote from: OgNasty on January 31, 2025, 09:14:30 PM

Trump pardoning Ross wasn’t a bad thing and you making it seem that way is disingenuous.

I wasn't treating the Ulbricht pardon as a bad thing. I was making the exact opposite point.

I don't think his pardon was as much an act of altruism on Trump's part as it was an act of expediency, trying to buy votes in the libertarian/Bitcoin sectors. If SBF and his family had donated to the Republicans instead of the Democrats, he probably would have been pardoned in the first group just like those other scumbags, the Proud Boys.

Damn, you think the J6 people belong in prison for their escorted walk through the Capital too? That is peak TDS.
Trump didn’t need any votes when he pardoned Ross.

If SBF and his family hadn’t bribed Democrats with donations, FTX wouldn’t have been empowered to run their fraud in the first place...

SBF gave to Democrats while what's his name co-creator of FTX gave large amounts to Republicans.

The J6 people who ended up in prison got their day in court and had the law applied to them like other criminals. If you have a problem with that you should want all US prisons emptied.

I am pretty sure almost all of the J6 convicts got set loose (pardoned by Trump), whether they were convicted of violent crimes or not.

I am pretty sure that the FTX related bribes (and influence peddling donations) were more inclined towards democrats, but yeah they had some donations to republicans too.

Likely a lot of injustices in several of the cases.

Quote from: Ivystar5 on Today at 11:12:57 AM

Making a good definition of long term investments.
No coiner having peace of mind in the meantime

The dump gave me more coins in a cheaper rate
Didn't expect to buy in such amount again for the year
but here we are...

Not happy either first experience of the cycle!

A cycle is four years, so how can you proclaim that whatever you are experiencing within this particular cycle is very significant (presumptive you are referring to the dip down to $91.5k-ish) since according to your forum registration date, you might have ONLY have had less than a year and a half in bitcoin - that is if you got started in bitcoin around the time of your forum registration.

jjg these brief reports need to be flesh out better.
so much detail missing
you should be able to do 10,000 more characters at least.