we only had a 13% correction from the ATH... that's actually quite bullish imo
quiet I was able to get 1000's of dollars during august dips.
We do not want people catching on.
Maybe I will finally be prepared for up .
{hint not yet}
June 0.022895
July 0.010436
August 0.023510
Total dip 0.056841
and dca mining 92x.00103=0.0948
so I added 0.151641 in 90 days.
also some small ladder buys on kraken
0.00455 added on kraken
So just about 0.156 in 92 days
been a good summer.
Part of your calculation problem seems to be that your "ins" are not without encumbrances, so the mined coins are not pure profits. They have capital costs and electricity costs.
It is also different if you are bringing new money into bitcoin to build it and to keep it in bitcoin for a relatively long period versus if you ar just moving money around from one place to another, so for example if you had bought copper or whatever in 2022 then you sold the copper to buy bitcoin in 2025 (your recent buys), those kind of numbers are not without their baggage.
I hate to be a party poop, and maybe this time your BTC hold period might have more meaning, even though I doubt it. I doubt that you would still have much if any of those 0.156-ish BTC if BTC prices were to reach and/or exceed $200k-ish.
I am pretty sure that BTCETFInvestor would have loved to have had his own day like that.. . .yet he is a bit of an ambiguous character in this whole scene.. which almost causes me to speculate that he might be engaging in his various drama pieces on purpose.
You should treat a
Guest better than that! You know you were wrong to jump on the bandwagon. Don't you think?
You are not a guest. You are a participant in the conversation who went overboard in his vagueness and then in his proofs.
Surely there wee guys who were largely sympathetic to your situation until you continue to dig yourself in deeper - which you seem to be inclined to continue to dig rather than apologizing for your problematic posts and your seemingly ongoing desires to battle and to proclaim yourself as some kind of a supposed victim.
Which part are you wanting to continue to battle about? My behaviors? I am a meanie sometimes. What more do you want to get out of me? What do you want to get from this thread? Weren't you throwing out insults, describing yourself as a victim and proclaiming that several of us (including yours truly) was out to get you? Several of us, including this here guy, have already responded to those accusations. It seems that several guys have even been giving you several suggestions regarding how to proceed, but you seem to have some challenges in your own abilities to move on or even to fix yourself from aspects of your posting style.
None of us have even negatively (or neutrally) marked your trust yet, so you might count your blessings while they still exist, even though some members had already mentioned it or at least hinted at such a possible outcome.
So maybe the more important and/or imminent question might not be so much about me, yet it might concern how you might be able to save yourself from yourself.
I am pretty sure that BTCETFInvestor would have loved to have had his own day like that.. . .yet he is a bit of an ambiguous character in this whole scene.. which almost causes me to speculate that he might be engaging in his various drama pieces on purpose.
You should treat a
Guest better than that! You know you were wrong to jump on the bandwagon. Don't you think?
Last comment I am going to make on this: I have never looked into a person's post history. But now that I did, I don't know why I decided to even tried to white knight for him. All previous advice still stands; I just feel like I was yelling at the wall...
Usually the ones who get themselves in trouble are stubborn like that.
Again, off topic... But with the current price action, does anyone know how long the M2 correlation theory will last? As the goalposts seem to keep moving back and forth. I am not even sure of an "exit plan" anymore, as I have only sold enough to cover my very basic lifestyle. But the plan always was when the time comes, try to shave off some to divest and hedge some of my gains. That being said, everything else looks so much worse in comparison... I learned my lesson trading alts in 2017 (still swallowing that pill), so I'm not looking to do that again (fool me once...you know).
You are trying to catch the top? That can be problematic.
Of course, I consider price based sustainable withdrawal to likely be able to kick in prior to time-based sustainable withdrawal (I talk about both strategies in
my sustainable withdrawal thread), yet you still need to be in overaccumulation status for either of them, so then if you start to sell, you are not necessarily selling with expectations to buy back cheaper... since that would be trading/gambling rather than investing..
So if you have not quite made it to overaccumulation status yet, then you have more dilemmas to ride matters out.. once more cycle or whatever.
That being said, we're getting to the point where my supposed.63 bitcoin is borderline life-changing money, so why not shave off a bit to lock in profits?
Nothing wrong with that. Why should you feel bad if you have some kind of a tier in which you shave off something in the ballpark of 10% every time the price doubles, and if you cannot wait for doubling intervals then just shave off 1% every 10% rise or some other variation?
If you have enough or more than enough BTC then you should be able to accomplish price based sustainable withdrawal.
If you con't want to wait for the price, then just do time based sustainable withdrawals, so that if
you were to happen to have 0.63 BTC right now, then you could shave off right around $3,279 per year or $273 per month with right around 7% per year increases. That would be time based sustainable withdrawal.
But to what the dollar looks so bad? Also, buying more strategy seems counterproductive... I feel I have finally gotten to a point that if I sell and can never buy back cheaper, I would be happy (we are way past Adams's 32k #). But then what do you do with all this dirty fiat??? Watch it lose value???
You don't need to sell with purposes of buying back cheaper, especially with sustainable withdrawal, and if you sell so much that you are sitting on a bunch of extra cash, then there might be something wrong with your selling formula.
You are not really describing anything that suggests any rush to sell except that you might not want to go through a long and extended dip, but you don't think that it will dip from here but instead dip in the future. So then if it dips in the future you want to have some cash to either buy back or just be able to spend.
I mean, it's a great dilemma to have, but one I really need to figure out sooner than later. Or cry about another full bear, which I am not sure if I can handle.
Now you are sounding overinvested.
Why can't you just figure out some kinds of price points that you are willing to sell some but not necessarily big chunks, so then it will make you feel better for having had sold some... going back to the selling 10% for every doubling formula.
It's been so long that it kind of doesn't even seem real anymore... But it definitely has real-world consequences.
You mean that you did most of your accumulating years back, so then you have not done anything for a while, neither bought nor sold.
I tend to think that if guys go through accumulation, then there might be a period of maintenance where they are not really selling and they are not really buying, so then once they go through the maintenance stage, then they can start to sell small amounts here and there and when you need it, so if you are not selling in really large chunks, you should be able to sell forever in such a system. Part of the issue is crossing the chasm of getting to the point of having enough and then clearly being in a place of having more than enough.. which once you have crossed the chasm, then you should be able to sell within the overaccumulation status without falling back below being in such overaccumulation status.
Again, it's a wonderful position to be in, and I am grateful for it, but it definitely doesn't make anything any easier. I try to live life normally, pretending it's not there, but at some point we all have to live a little, right? I feel like this month is going to be the hardest yet...
All that being said, I fully believe that the Number goes up forever (at least longer than I will be alive). This really is one of the only things I like about our current timeline we all have to endure!!!
K
Not everyone is in the same status, since some guys seem to have already crossed over.. yet of course, no one really wants to sell a bunch right before it goes up and yeah we would not want to sell at the bottom either, even if we have enough and/or more than enough.. which yeah, maybe never goes away when we are living within one of the greatest wealth transfers known to mankind and we would rather be on the receiving end of that rather than being on the giving side of that great transfer.