You may well be correct that normal people have a tendency to follow simple and straight-forward formulas that might not work to their advantage, including that in bitcoin we have a decently robust history of quite dramatic price performarce both to the upside and to the downside, which should spring curiosity in terms of trying to figure out why bitcoin had been engaged in that kind of price performance and/or if there might be some plausible explanation for the ways that bitcoin has historically performed in order to attempt to inform us about the nature of the asset.  

Bitcoin's overall price performance and even explanations for what it is should justify investing into it and holding it, even if the justification might be to ONLY invest a small amount due to its historical volatility that has no real signs of going away.


Of course, past performance does not guarantee future results, yet the evidence seems to continue to support that bitcoin is in its relatively early times and is likely to continue to be volatile into the future.. perhaps with less of an upward slope, yet there is no evidence to support that bitcoin prices have topped out.


I personally think that guys who are more worried should invest smaller amounts into bitcoin so that it is less likely that they become emotional about their investment, yet it still is difficult to guide guys in their level of aggressiveness and to figure out how they should balance their personal circumstances amounting to their finances and their psychology.  Surely if they spend some times honing their own balances within their 9 factors then that might help, but it takes some work to figure out balances.


Surely guys are going to have inclinations to want to do what they want and to forge their own path, and sometimes some of the guys will listen, even while they might choose their own path that might have way more allocation to shitcoins than  prefered, but there is ONLY so much that we can do.  

I had someone who I had been talking with about bitcoin and trying to make sure that he avoided shitcoins for several years, but just once or twice a year and maybe even some years that I might not have had seen him, yet last year I saw him several times during the second half of the year and into 2025, and at some point earlier at the end of 2024, he told me that he had sold a decent portion of his Ethereum and bought bitcoin with it, and so that position lasted several months, and then somewhere in March or April, he told me that he bought back Ethereum.  I did not ask him if he bought back the whole Ethereum position, but I found it quite frustrating because he really was not listening to me, and he just traded, and there is ONLY so much that we can do, even though I had spent quite a bit of time with him, he has troubles resisting gambling and/or thinking that there might be some value in Ethereum .. or that at some point it is going to pump... which sure it might, but it is still a pretty dumb place to be putting time, energy and value.. at least from my perspective of the matter..


Great.  Let me know if you have any questions, comments or concerns.. ... sometimes I feel that i need to update portions of those threads, but at the same time, the threads communicate many of my perspective regarding how to attack investing into bitcoin and concerning that many of us may well have to get through our BTC accumulation stages before some of the sub-topics in those threads would become more relevant, and surely some of the sub-themes are not without possible controversy.


Of course, identifying the better practices and even the persons who you might consider to present ideas clearly, is a good thing, but trying to put the ideas into practices and attempting to interact with your own application of the good ideas will help you to be better able to identify and to differentiate between good ideas and bad ideas.  Still sometimes we can also make mistakes, and we might think some ideas and practices are good and applicable to our own situation(s), but then we might not realize that we made certain mistakes until 3-4 years later down the road...   There have been quite a few members who interact with me, and then I realize that they have quite different ideas about what they believe that I am saying, and surely when they have the ideas in their heads like that, they likely need to attempt to put the ideas into practice and to figure out if they work as they are describing them to be (and what they are saying that I said to do, which may or may not be a correct interpretation).

Also, some guys might have some particular unique circumstances in which they are almost forced to follow unorthodox practices, and maybe once they get some of their own particular circumstances sorted out, then they might be able to revert to more normal kinds of practices, and sometimes we can be aggressive investing into bitcoin within our own parameters, yet after we might have had practiced our own level of aggressiveness, we might come to realize through experience that we need to change how we are applying our aggressiveness.. and we become smarter about it becuase we applied it, even though it might have had been said, but it did not make sense until it came down to applying the circumstances.