Quote from: AlcoHoDL on August 24, 2025, 09:00:53 AM

Small airplanes and boats.
You buy, you cry, then you sell.
Same with women, too!

Consequences come,
Schmonsequences they become,
As long as I’m rich!

There may be some of us. .. not going to mention names, who did not quite get to Mindrust levels of 10 BTC in 2020. .and surely even 10 BTC in 2020 seemed reasonably achievable for guys who had been largely accumulating prior to March 2020. and maybe even if they had taken 3-4 years of accumulation to get themselves to whatever stash level that they had in March 2020.

Even the guys bordering on 10 BTC might be starting to feel rich.. and yeah, maybe some of them (us) might have had not quite been at 10 BTC in 2020, but they (we) continued to accumulate bitcoin through subsequent years to maybe bring us from 7 BTC to something that is currently approaching 8 or 9 bitcoin, and I am not even proclaiming myself to be in such a club, even though we can see that there are quite a few normie guys (and even guys in relatively low income countries) who could have gotten themselves to such 8 to 9 BTC status in regards to mostly starting to accumulate BTC 4 years prior to March 2020, and they did not end up mindrusting in March-ish of 2020.

I understand that even you AlcoHoDL seem to be somewhat skeptical of my own reassessment of entry-level fuck you status being currently sustainable at 15.4561 BTC (in current times, it is going down (becoming less) by right around 0.011 BTC (1,100,000 satoshis) (per day)^**, so some conservative guy like you might feel better to have a greater cushion and you might want to double such characterization of entry-level fuck you status to be something like 30.9122 BTC. That should be holy sheit more than enough, and yeah, I understand that guys are not even wanting to pull the fuck you lever without some kind of a bitcoin cushion, and guys are not necessarily single income and without expense complications, maybe some of them self-imposed..

Edited to add footnote: ^**By the way.. there is a bit of a WOW factor here, if you think about the matter of of the formula reducing the quantity of BTC needed to sustain $80k per year of income by 0.011 fewer BTC per day, if you multiply that by 365, that is a reduction of about 4 BTC in the following year, if the rate were to be consistent for the upcoming year. Of course, the rate is likely to reduce (since the 200-WMA is ongoingly moving up at a lower and lower rate, even though even the 200-WMA has its spurts upwards). At the same time, even a reduction of 3 BTC within the upcoming year is a whole hell of a lot fewer bitcoin needed in order to ongoingly sustain an $80k per year withdrawal rate - and I am even assuming that once withdrawals begin, then each year the dollar based withdrawal rate can be increased by 7%, so the withdrawal amount for year 2 would be $85.6k, for example.

yet still not necessarily easy to get out of since as we get older we are likely to develop some kinds of baggages that don't allow us to attempt to completely fly like a free bird... by the way, I think that it was yesterday that I was watching the waves of the ocean crashing, and I kept thinking that the were so BIG and so powerful as I was watching them. .I was even considering to go in, but yeah, also considering that it can sometimes be a lot of challenge to deal with waves, especially when they were coming in an area that was mixed with both beach and rocks (cliffs) that would sometimes cause the waves to come in straight and then other times to cause them to go in a non-straight direction and with power.. and so surely every once in a while the waves were so big to formulate really large crests that were like a tunnel that we sometimes see the surfers going through. .but these ones not quite that big.. maybe only around 3-6 feet.. which is not quite enough for a surfer to go through their tunnel portion, even when they formulated such small tunnels...

So, yeah, getting back to the bird idea... There was a "free bird," that was maybe only just a small bird (and not a water bird) just flew too close to the crest of one of the incoming waves, and the wave was only like 45 feet (15 meters) from the part of the shore where I was (I was up on top of of the rocky areas), so when the wave was cresting, the bird was in the same spot and that was not a good spot, and I would have had thought that the bird would have had known better, and the wave crashed upon itself quickly, and no more bird. .and no evidence of bird, even though surely the bird was in there, but it was not getting out once it went through that level of violence.. free bird turned into dead bird, yet from outside of the water, I could not see the evidence of dead bird even though the wave came in within seconds of cresting, crashing, sucking up bird and washing onto the shore.

My perspective of the "free" bird getting sucked up by a wave kind of looked like this, except the wave was bigger.. this wave is only a couple feet at most, and in recent times some of these waves had been getting 3-6 feet and some greater than that.

By the way, just a thought. I doubt that I have given away enough information to give away my location at the time of my taking such picture. No WO sign. No other ways of establishing that I really took this picture beyond my proclaiming that I did take it.

Quote from: AlcoHoDL on August 24, 2025, 09:00:53 AM

"It's too expensive."
"I'm waiting to buy the dip."
They're the same picture!

It is getting difficult to get to the status of overaccumulation in less than 4 years, even though it is possible, yet part of being possible to get anywhere with our bitcoin is that we have to get started... and aven accumulate for quite a while before we might start to employ strategies that the attempt to figure out the dip.

Surely, in retrospect, it seems to have had been better for the guy who got started earlier, even at one of the 2021 highs, yet I doubt that current BTC prices are going to feel expensive 4-ish years from now... even though contemporaneously almost all times "feel expensive," especially for bitcoin newbies.. yet if they don't have any or much if any, better to start now rather than waiting. From my perspective, waiting is not a very good BTC accumulation strategy, and never really has been, even though retrospectively we might feel that we could have had figured out the various dips.

Quote from: WatChe on August 24, 2025, 09:16:26 AM

Decline in Bitcoin price is a kind of blessing for those who are sure that Bitcoin will soon be at 200k.

Fair enough.

Anyone still accumulating should be happy to be able to continue accumulating at $113k-ish rather than $120k-ish.. even though it might not be any kind of real big difference... but surely better to be accumulating in the lower $100ks rather than in the upper $100ks.

Quote from: d_eddie on August 24, 2025, 12:39:37 PM

Lazy in August
This is what she likes to do
Coiling, recoiling
#haiku

I recall similar statements last year about August and September, and I also recall that both August and September were good months for dee coinz... and perhaps part of my point is that it could be misleading to get too caught up upon corn daddy needing to follow calendar-based expectations.