Quote from: d_eddie on August 15, 2025, 11:34:50 AM

Quote from: JayJuanGee on August 15, 2025, 04:41:43 AM

Quote from: d_eddie on August 15, 2025, 01:23:58 AM

Quote from: JayJuanGee on August 14, 2025, 09:02:51 PM

i recall you whining like a little baby.. was it in 2018, 2019 and 2020 and you were saying something like the BTC price is never going back to ATH. .and it is going to take years and blah blah blah..

Can you point me to some of my whining? I remember having dreams of SOMA elephants and (heresy!) double ladders during stretches of unnerving up&down.

Maybe I dreamed it?

I did dream of chart elephants in the past, so dreams do happen. I am not allowed to peek in your dreams though.

I am going to leave this part alone for the moment, especially since you seem to want to be a like a duck with water rolling off its back (perhaps successful in such endeavor?).

Quote from: d_eddie on August 15, 2025, 11:34:50 AM

Quote from: JayJuanGee on August 15, 2025, 04:41:43 AM

Quote from: d_eddie on August 15, 2025, 01:23:58 AM

Quote from: JayJuanGee on August 14, 2025, 09:02:51 PM

rapid 6%-ish dip from $124,517 to $117,201, and you are seemingly unfazed.

I didn't want to brag, but I sold a tiny smidge near the very top and the petty expenses are covered up for a while, including a new car tire. One, mind you, not four - what are we, feeling rich?

I am surely not opposed to selling on the way up

Good. I sold because I had to though, not thinking about way up/way down too much. I was lucky enough for my limit price to land near a local top. The sale wasn't too significant, in the ballpark of 0.01%.

You inspired me to do a quickie perusal of my current situation, which is that every $5k UPpity in the BTC price, I am selling between 0.0476% and 0.103% of my stash - most of the amounts on the smaller end, but I put some of the larger ones in there too. I also try to buy back too, but my spread is currently requiring a 4% drop for the initial buy but then around 3-4 % increments, and surely it is pretty rare for the sell order to get hit at the exact top... even though every once in a while it hits right in the ballpark of the exact top.. so yeah the percentage amounts have shrunk and shrunk and shrunk through the years, even though the absolute quantity had gone up quite a bit... since it seemed that in 2015 and 2016 when I first started this strategy of selling on the way up and buying on the way down, the amounts added up to something close to or maybe even exceeding 10% for every doubling of the price, but these days if I add them all up between $125k and $250k, it only adds up to about 1.2%.. which makes me think that I need to up my selling game (since those are rookie numbers)... which I already upped my numbers a couple of times during this interim season.... but still it is like I don't want to sell much of my cornz.

Edit: Ok... I looked them over.. and even though I am reluctant to change, I think that a change would be for my own good, so I am going to add nearly another 1% to my sell orders between $125k and up to $500k.... I mean, what are the odds that we are going up to $500k anyhow? and even if I sell a whole additional 1% of my stash, it wouldn't be that big of a deal.. since that would be just over two doublings - starting from my next sell order in the $125k ballpark... so that might bring my total sales of my BTC to right around 2.9% for two doublings between $125k and $500k (if those two doublings were to happen).. Also that still seems to be pretty conservative on the sales on the way up.. even though the numbers are scary for me.. and no I am not turning into an LFC... At least I don't think I could tolerate that kind of an approach...

I still have not put any sales orders higher than $500k, and I am tentatively thinking that I would figure out and place those if the BTC price goes over, or perhaps gets close to $250k.

Quote from: d_eddie on August 15, 2025, 11:34:50 AM

Quote from: JayJuanGee on August 15, 2025, 04:41:43 AM

yet what happens with me, as I need more cash, I will free up the money from some of my buy orders, and the next ones to be freed up are in the $31k price arena

This sounds like a good way to proceed, but I don't have a well formed spot ladder. As I said, I'm just learning the ropes of FY maintenance.

I suppose that it is going to be different for each of us, and it seems that there have been so many times that I run out of money on the great dips when the happen, so I am trying to be motivated to maintain lower buys.. which yeah, if they get to be so outrageously low, then I am telling myself that I should just be able to use that money... but maybe if I increase my sales on the way up, I can make it even more difficult to run out of money.

Surely several of us longer term bitcoiners have likely experienced the sensation that we don't really want to be overly inconvenienced by various extreme BTC price drops that are likely to continue to happen from time to time, yet we likely still feel guiltly selling if the BTC price is going down, but if those sales had happened a long time previously, then maybe we don't have to worry ourselves so much about using that money that is available for buys that are not too likely to happen.

I also presumed that sub $20k buys were not going to be necessary in 2022.. but how did that go? I really hate running out of money to buy more... so each time I try to buttress even better than previously.

Quote from: d_eddie on August 15, 2025, 11:34:50 AM

Quote from: JayJuanGee on August 15, 2025, 04:41:43 AM

I am not sure if we are interpreting "fuck you" status the same

Neither am I. I think FY status means you sometimes actually have to say "Fuck You" since you are able to. Still learning and adapting.

I try not to be so confrontational... and I have not really been working for anyone else for a while, but sometimes there still can be things that happen that cause us to have to work, so it is like we are being made to work on things that we don't want to work on... even simple consumption of products. Recently, I made a special order of a technology device, and it had some unique features. I was told it would arrive around 7-10 calendar days... so that was over a month ago, and so then I am still battling to get my deposit back... but I was even battling to confirm that the thing was still coming and still coming until it wasn't.. and then even the method of refund.. This is one of those cases that I am glad that I did not give my deposit in bitcoin since why aren't they refunding my credit card? I likely will have to put the item in dispute... .. so yeah sometimes we even have to engage in work, even with consumption items... and I will spare you other examples.. since I am sure that many of us have had to engage in quite a bit of work over some purchase of a good and/or service since it ended up not being what we paid for and sometimes we have to make choices about if we want to just pay or to allow someone to get a windfall that they did not deserve and they did not provide the good or the service that they said that they were going to provide. Sometimes the ability to say fuck you has been stifled. That is life and that is the process of interacting with other people.

Quote from: philipma1957 on Today at 12:08:00 AM

Quote from: LFC_Bitcoin on August 15, 2025, 05:00:51 PM

Really hope we’ve bottomed or very close to. We need to reclaim $120,000 as support and then we can push for new all time highs.
@CryptoJelleNL
CME gap filled, range lows getting retested, everyone scared to death, all while #Bitcoin still trades at $117k, less than 6% away from all-time highs.
Relax.

https://x.com/cryptojellenl/status/1956399112238018579

we can float at 105 to 115 for a few weeks and then take off.

Why do I get the sense that you are merely stating a wish rather than anything that is based on anything meaningful?

Sure what you said is not quite so bad as to be bettable, but it is a wee bit random yet at the same time, based on your own personal preferences.