Oh gosh? 

I hope guys are not trying to play bitcoin in those kinds of ways.  That would be an inferior approach to bitcoin and likely to result in inferior outcomes.

Even though I have noticed that when it comes to bitcoin, there have been and continue to be quite a few folks averse to making money... and I hate to say that it is easy, even though a reasonable default play for making money in bitcoinlandia over the past 4-10 years and even longer has largely been to error on the side of ongoing BTC accumulation through buying and/or HODL.. and surely if anyone in bitcoin must sell any of dee cornz, don't sell too many since such bitcoiners should be erroring on the side of accumulating through buying and if no more money, then merely HODLing.

At the same time, surely the longer that a guy had been accumulating the my lil precious and mostly not selling it, then either he is going to reach overaccumulation status through his ongoing buying or alternatively he will likely reach overaccumulation status with the mere passage of time, which likely (or should) end up causing his holdings to transition into overaccumulation status merely from his mostly erroring on the side of HODL and not selling too many too soon.

Not necessarily easy in all circumstances, yet still a kind of cheat code that feels a bit unfair to some of us who have gone through a cycle or two or more.

In other words.. don't be getting in and out..

Just be getting in and mostly staying in.

Though there are no guarantees, a continued erroring on the side of buying bitcoin without selling seems to continue to be the better of paths forward.. perhaps an ongoing cheat code.


A bitcoin religion likely requires some level of action. hint hint hint.. ongoing buying until reaching "enough."


I never really tended to like the "bitcoin is religious" claims... there is something off about such claims, even though there is some faith coupled with reinforcing actions... and yeah.. magical internet money is kind of fun.



Above is the best I could find.

I did a quickie search, but I could not find an image of the magical internet of money guy blowing glitter into our faces.


Whoooo...

magic....


I like it..

An aura of mysteriousness too.


I know that quite a few of us.. including yours truly are getting a bit anxious about this whole matter.. but feelings of anxiousness and/or that is not going to happen, is a kinds of pattern.. which is part of the amazingness for whatever does end up happening.

If I describe my various plans at various not reached price points.. normies tend to conclude that I am a looney.. and sure, maybe I even tentatively think that I might be a wee bit of a looney.. since I am not exactly counting on the various price points as if they have to happen, but I still have my tentative plan in place in the event that some of them, or all of them end up happening...

Having the "I told you so" in your back pocket is likely another practiced contingency plan.

Don't want to necessarily play the "I told you so" card prior to it being warranted.

Reminds me of my July 2022 relative who was rebutting my assertions that $19k-ish was surely not a bad place to be accumulating bitcoin, and he told me that it also could be the top, and I could not really deny the possibility that "it could have had been the top" - even though we subsequently found out how that "could be the top" ended up playing out.. .around 5.5x greater prices (spot value) since then... and yeah the 200-WMA barely doubled in that same 3-ish years timeline... either way.. a bit more than 2x for 200-WMA or right around 5.5x for spot price (so far).. The "I told you so," is still there. and he seems to remain skeptical and partially a doubter based on likely pride  and/or refusal to reverse his own previous assessments including how strongly he had been bad mouthing bitcoin behind the scenes in and around those times and various other historical repetitions of getting in and out and continuing to want to not be wrong.. .. ego or what?


I think that my parents raised me badly. 


Fair enough - even though we can never know for sure if the UP is sustainable and enduring or not, we still likely can recognize that there is a certain amount of value in terms of identifying momentum - including the defining of what might be bettable and even the assigned odds might change based on perceptions of momentum.


I don't change my strategies in any meaningful way based on any short-term expectations that I have, and surely it is easy to get things wrong based on expectations in regards to short-term, which I consider myself frequently getting things wrong in regards to various short-term expectations, even though it can be difficult to stop considering how reassessments of recent happenings might contribute towards some kind of plausible theory where the BTC price might be going in the short-term.. and surely the longer term BTC HODLers likely already have mostly fueled up their BTC supply, as compared with the more recent entrants who are in the process of building up their BTC holdings. .and even though some of the newer entrants might be com plaining or concerned that they are late, as compared with the longer term entrants, there still are plenty of no coiners and low coiners out there who either have not gotten started or are barely getting started in their bitcoin journey..

Even yourself, WatChe, many of us might starting to refer to guys like you as OGs, since you have more than a whole bitcoin cycle under your belt... 5.5 years surely is not a bad place to be, even though some guys get distracted into shitcoins or even trading bitcoin, and they might even be from parts of the world where their own governments are working against their abilities to get into bitcoin without hostilities.. or they might have needs to avoid hostilities, which you may have mentioned something like that previously, too.


Oh yeah.. now I remember.  You are taking profits.. so it is likely going to be harder to call you an O.G in the future, and I can recall all kinds of guys through the years referring to so many of the toys that they bought with their bitcoin "profits," and there is almost no fucking way that they are even going to be able to get back a fraction of the coins that they spent for heir short-to-medium term pleasures (and improvements to their quality of life).

Of course, no one can make decisions for you in regards to the trade offs between present consumption and delayed gratification... and surely, I consider that there is a lot of power in a couple of cycles of mostly accumulating and mostly selling small amounts of corn.. and sure opinions can vary and guys are responsible for their own choices, since each of us has to live with the consequences of our choices, that's for sure.

Surely I have my own variety of costs per coin, even though I am thinking of converting from $1k per coin up to a higher number, but surely I can recall some portions of bitcoin that I had accumulated (bought) for something like $60 in mid-2015 (so I got something like 0.24 BTC), and then in early 2021, I had made some purchase for an item that was around $9k, and so I ended up spending 0.15 of those BTC.. and so I still had around 0.09 BTC left in that address (wallet).. so then over the last few years I spent several times from that wallet and/or address with transactions of $30 to $200, and currently, without having had added any more value, I still have more than 0.05 BTC in that wallet... so there can surely be some value in regards to not getting overly anxious to spend your bitcoin, even if there might b some reasons to spend some of that BTC from time to time.