Quote from: cAPSLOCK on May 30, 2025, 03:13:33 AM

It's not really very much fun for the most part going bonkers. Occasionally fun, but mostly it's uncomfortable and disturbing.

Snap out of it, then. Tongue

hahahahahaha

Or is it one of those things that you cannot change a pickle back into a cucumber?

Quote from: OgNasty on May 30, 2025, 03:30:31 AM

Quote from: Ignored User on May 30, 2025, 03:00:24 AM

You talk a BIG game by suggesting that it would be a good idea to fuck around with all of your stash in order to potentially to be able to pick up a few nickles in front of a steam roller.

Perhaps the reason you are still trading after around 14 years in bitcoin. Many of us learned - quite some time back - that trading bitcoin tends to not work out very well..

Whenever I click to read an ignored users posts I always regret it. Lol

Stop doing it then.

Quote from: OgNasty on May 30, 2025, 03:30:31 AM

It is just talk. I don’t trade my Bitcoin. I certainly will never sell all of it at any price. You seem to take this talk a little too serious,

Well, to me, it seems good to take matters at face value... and to attempt to have some reliance on the face matter of claims, especially if such claims are coming from members who seem to want to have some credibility in these here parts, which you seem to do, even though you are not very good at it and you want to continue to present yourself as if you were some kind of a know-it-all badass, and sure, whatever, you do you..

Quote from: OgNasty on May 30, 2025, 03:30:31 AM

which from your constant emotional reactions leads me to believe YOU are too invested and dependent on Bitcoin.

I doubt that I am either overly emotional about my bitcoin or overinvested into bitcoin, even though I do like to respond to claims that seem to be exaggerated, like ones that you sometimes will make that seem to relate to trading, even though you claim not to do it, even while you are claiming to do it.

Yet in regards to me, you seem to be reading what you would like into my posts and lamely trying to make some kind of a character attack rather than actually trying to grapple with the contents of any claims or opinions that I am presenting (whether I might be correct or wrong in my own assessments or my criticisms of your proclaiming to want to trade certain bitcoin news, events or momentum).

Quote from: OgNasty on May 30, 2025, 03:30:31 AM

We’re all getting way too rich for you to be so constantly negative and such a crybaby.

I doubt that forum members, whether longer term or shorter term members are getting rich (or supposedly getting rich) at the same rate. For one thing, many of us came into bitcoin at differing times and we had differing levels of abilities to invest into bitcoin whether aggressively and/or whimpily, and we likely also know that traders have tendencies to sell too many coins too soon, so guys who had been engaged in trading of bitcoin over the years, which you claim that you don't trade, but then at the same time, from time to time, you seem to like to brag about various trades that you made or that you are planning to make (or that you should have had made, yet you say that we should not actually believe what you actually say).

I also don't consider myself a trader, even though many forum members likely accept my claims about selling BTC on the way up (mostly since mid-to-late 2015) and buying BTC on the way down (since the beginning but also incorporating that into my system since mid-to-late 2015), and I proclaim that I am not trading, even though some folks have accused me of trading, and I proclaim that when I sell my BTC on the way up, I sell such a small amount that I have not expectations to buy back (even though frequently I do end up buying some of them back)... Accordingly, I consider my sales on the way up and buys on the way up to have had been a form of BTC portfolio management. ..

Also, it seems to me that it is likely that many of the regular members in these here parts may well recognize my ongoing claims over the years to have had been employing attempts at fairly moderate and systematic means to sell BTC on the way up....so that I am not really selling much of my BTC holdings (and not expecting to buy back and/or not hoping to be able to buy back from my sales), so I still consider myself to be largely erroring on the side of holding BTC over the years..and surely I do way better on the way up, since BTC prices cause the compounding of the value of my holdings like any other bitcoin holder, even though I have some premeditated sales amounts that are triggered mostly by percentage of price moves in either direction rather than my giving any shits about which way the BTC price goes, except that I am way better off if the BTC price is largely gravitating in the upwards direction, which as many of us likely recognize and appreciate to have had been happening at least since 2015 and even before that when I did the overwhelming majority of my BTC accumulation - between late 2013 and mid-to-late 2015.

Quote from: OgNasty on May 30, 2025, 03:30:31 AM

$5,000,000,000 worth of stablecoins being paid out tomorrow from FTX. That could get interesting.

Sure. It could have some interesting short-term contribution, since $5 billion is quite a bit of money for anyone who might be interested in buying bitcoin with that... to the extent that they might have had previously owned bitcoin with some or all of those funds..

Quote from: Biodom on May 30, 2025, 03:43:52 AM

Quote from: JayJuanGee on May 30, 2025, 03:00:24 AM

Many of us learned - quite some time back - that trading bitcoin tends to not work out very well..

That's a good one...I recently saw Adam Back's video where he explained why: if the asset is exponential in value accrual, essentially, than if you trade it, you might not be able to get back (at least to the same extent).

I think this is the correct time of the vid where he says it:
https://youtu.be/o0Qe1CZssek?t=1879

Frequently, I have suggested that selling of bitcoin should not be done until after a person had reached overaccumulation status... except perhaps something like spend and replace, and so my own recommendations has always been that once a person sells any bitcoin, then the amounts of such bitcoin sales should be calculated based on not having any expectations of being able to buy back what had been sold. so in that sense the selling of bitcoin would end up being limited in the sense of ONLY selling within the over accumulated amount and without ever selling so much bitcoin as to put oneself out of overaccumulated status and without any expectation of increasing the BTC stash size from any of the sales of the BTC that might have had happened while the BTC price was on the way up.

Yeah, the devil is in the details and I am not being very specific in this post, yet even something like selling 10% of the BTC stash every time that the BTC price doubles is sustainable, yet the BTC stash is continuing to go down, but the value is still going up and 40% would still be compounding upon itself as the value goes up. In my earlier days of selling on the way up, I may have had some times in which I had authorized close to 10% of sales for every doubling on the way up, yet surely in recent times, I am pretty that my sales are way below 5% for every doubling, which I had disclosed at earlier times.... yet even recently I have started to employ both time based and price based withdrawals, so I consider my amounts to be so small that they are well within sustainable limits.

At the same time, surely there could be cases in which guys end up overdoing their sales of bitcoin on the way up and/or miscalculate how many bitcoin they want or need as the prices are going up, so even if their bitcoin portfolio value continues to go up, they might come to realize that they sold too many bitcoin too soo, and surely I don't consider myself to even be close to such a status..