You can theorize about the process, yet it seems to me that getting through a whole cycle of bitcoin accumulation will likely help you to have a bit of a track record, and even help you to figure out how well you might have been able to follow your original plan or if you might have had tweaked your plans at various points along the way.

In the last few years I have come to understand that anyone who is persistently accumulating bitcoin at a similar rate for 4 years is likely going to have average BTC prices that are right around the 200-WMA, and surely if your accumulation period is even longer then your average cost per BTC will be further and further below the 200-WMA.. which historically has tended to be a good place to be, especially if you can get your average cost per BTC to be more than 35% below the 200-WMA while still building a decently large BTC stash in the process.

Don't get me wrong, since I am not advocating that it is better to have a low cost of BTC rather than accumulating a decently large bitcoin stash, and as an investment, it can take a bit of time to have both the low cost per BTC and a decently large BTC stash.


I think what has been happening has been exciting, even though in terms of percentage, we are still not experiencing any meaningful face rippings.. but maybe, just maybe what happened could be a sign for where we might be going in the coming 3-6 months.

I hate to get overly confident, even though I have been continuing to have difficulties understanding how so much buying from known actors has not been translating into even more UPpity than what we have been seeing... and surely some UPpity and then some correction back down would not be unreasonable, even though I hate to count upon such things (either psychologically or financially).... so in some sense, I will cope either way..


 I don't tend to get very excited in connection with seasonality proclamations.


It seems that we all have to start as ants.. even though surely there are some of us who had investments in other assets become coming to bitcoin which truly helped us to accomplish some frontloading of our investment.  For bitcoin, I like the idea of frontloading, yet surely we have to figure out how to make sure that we are staying within our own means rather than overdoing it.


Did he actually cash out the full $2 billion or some portion of it?  I cannot imagine wanting to put $2 billion in cash, but I could imaging cashing out some portion of it, maybe even $10million to $100 million.. if the guy might have had some specific purchase in mind.