Quote from: WatChe on June 29, 2025, 01:33:20 PM

Quote from: JayJuanGee on June 25, 2025, 11:48:52 PM

Quote from: WatChe on June 25, 2025, 05:20:54 PM

So far this strategy has given me a lot as I installed Solar System last year and now I don't pay electricity bill, I bought new car this year and all that's possible because of Bitcoin. Enjoy the Bitcoin profit as much as you can.

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).

You have your own way of looking and investing in Bitcoin. I slightly differ not because I don't believe in what you say but because I have some requirement for which I need money. It's better to use your Bitcoins rather then going to people or bank for loans.

Sure. Each of us makes choices in regards to what we need, when we ned it and determining the extent that deferred gratification might be better for us... And, yeah, I cannot determine for you, but I can also criticize your choices and proclaim that you may well be coming to the wrong balances.. and in some sense, it does not matter what I say, even though we are in a public thread, so in some sense, when guys share some of their personal details or even their personal balances in regards to how to invest, how to consume and how bitcoin might be implicated in this formula, it is likely that guys are going to have differing of opinions about the balances that are reached and historically I frequently have been criticizing guys for their use of bitcoin for their consumption and/or their investments (outside of bitcoin) choices.. and sure, of course, I don't know all of the details.. and I doubt that providing more details is going to necessarily quell criticisms but instead might provide more hooks upon which guys can criticize more and more.

One of the disadvantages of sharing too much information in a public thread like this might spark conversations in which guys are second-guessing your judgement. ....

But, yeah, sure, your choices whether you want to attempt to justify it or to justify it through providing more information that might not necessarily be enough to convince others that your balance choices were good... even though on a personal level you may well be quite satisfied with your choices.

Quote from: WatChe on June 29, 2025, 01:33:20 PM

I don't know much about your background but I have a family that depends on me. Remember when we place a bet of 30$, you said it's too low but in country where I live it's a good amount because a house grocery for month costs 70$ here.

Part of the difficulties when we have a bet that have odds, such as 10 to 1, then the sides of the bet end up being lopsided.. so for you the cost of the bet was $70 or more, but on my side of the bet the cost were ONLY $7.. so then we are likely needing to consider both sides of the bet in the event that we were going to end up going through with such a bet with those kinds of odds.. and yeah, back it up with money is harder when a guy is saying the odds are low such as proclaiming 10% odds or less... It becomes a bit more difficult to back up such a bet when we might realize that if we say that the odds are less than 10%, then we are going to end up having to put up something like 10x more value than the person taking the other side of that bet, even if we value the bet in bitcoin rather than in dollars it still may end up maintaining a lot of the lopsidedness when he odds are that high (lopsided).

Quote from: WatChe on June 29, 2025, 01:33:20 PM

One strategy is to keep investing in Bitcoin and keep living a stretched life. I just decided not live a hand to mouth life. I am happy that I don't have any loan on me despite doing so many things (which I already mentioend) and it's because of Bitcoin. That's a practical use case of how Bitcoin is improving lives of people.

Of course, there are all kinds of folks around the world who have gotten a lot of benefits out of bitcoin and even arguably life-changing benefits, yet there are still a whole hell of a lot of examples of guys spending way too many bitcoin too soon, even in circumstances that they were greatly benefitted by selling their bitcoin. I could give you all kinds of historical examples of guys selling way the fuck too many bitcoin too soon, yet it seems to me that you are likely going to end up serving your own example, especially if you end up noticing that you were taking relatively small multiples of profits in your selling of your BTC when you likely could have had gotten magnitudes of profits with a wee bit more patience and deferred gratification.

Accordingly, we had all kinds of guys bragging about their lifestyle improvements in 2015/2016 or so when they were selling 100s of bitcoin (in the $600-ish price area) in order to improve their lives and go on vacations, etc etc.. ... and in 2019-2020 or so we had all kinds of guys selling 10s of bitcoins in the price arenas of $8k to $12k. and surely the ended up feeling good at the time, and they may well ended up selling way too many bitcoin too soon... and we have even seen a lot of guys selling quite a few bitcoin in the $40ks and $50ks in 2021 through 2024.. and there are likely going to be quite a few additional guys selling around $100k in late 2024 and early 2025, who are likely going to end up having a lot of regrets too in the coming years.

Sure, of course, I have some luxuries and luck in regards to my bitcoin and my abilities to hold through the various price arenas.. even though surely I had been selling quite a bit of BTC in the past 10 years.. so it is not like I don't have a system in place and over the years I have shared quite a bit about my bitcoin management strategies which likely errors on the side of not selling too much too soon, and probably I could have had been selling more BTC over the years... even though I mostly have not been selling very many coins and I surely share my ideas and strategies to the extent that you might be interested in any of my BTC investment ideas or my ideas about sustainable withdrawal of BTC strategies..and it is not like I had my same ideas from the start, and quite a few of my bitcoin-related ideas have been evolving over the past 11.5-ish years....and I have been quite a bit more than willing to share my ideas and/or to debate other forum members about the pluses and minuses of my ideas and/or proposed strategies, including that I have always agreed that guys are responsible for their own strategies and the consequences of their strategies.

Quote from: d_eddie on June 29, 2025, 02:04:27 PM

Quote from: cygan on June 29, 2025, 12:58:16 PM

which one of you is that? Cool

Must be someone of us who doesn't care much for opsec... very few of those I reckon.

When the guy is in the midst of getting wrench attacked, he can proclaim that he does not know anything about BTC, and the license plate must have had been generated based on random coincidences of letter combinations.

Quote from: d_eddie on June 29, 2025, 03:07:02 PM

Quote from: AlcoHoDL on June 29, 2025, 03:00:47 PM

AI gets smarter.
Intelligence is conserved.
Humans get dumber!
#7wodigestsundayhaikus

I'm not fond of digests, or multi-haikus, as they relax the most stringent requirement: synthesis.
However, this is a gem Grin

Interesting idea that you have there.

Bairy, berry, bery interesting.^**

Is there any kind of conciseness or "synthesis" in the room with uie pooie right now?

Cheesy

**I tried to find the reference to the "very very good" idea.... Edit: Here it is.