Quote from: Findingnemo on September 25, 2025, 07:26:39 AM

Quote from: JayJuanGee on September 24, 2025, 10:27:34 PM

Even you, Findingnemo, are getting into OG status with nearly two cycles under your belt, and it seems to me that the first cycle is the most difficult, yet it still frequently will take a couple of cycles for guys to really start to get to a point of having enough or more than enough bitcoin, unless they were able to front load their bitcoin investment at some point in their first cycle.

I might be able to relate to you, since I came to bitcoin (got started in bitcoin) about 1 cycle before you, and I also came to bitcoin at or near the top of the cycle... Mine entry into bitcoin was November 2013 - even though my forum registration was February 2014.

I did the terrible mistake that one can make, I was supposed to enter the market in 2014 itself around the same time period you entered but I wasn't so sure about bitcoin because I had no idea what it is and people who told me about bitcoin isn't that much clear about what it is, they just created an image like bitcoin is investment which is one of the reason I had my doubts and went huge on other path that end up terrible again my huge capital went down not just to zero but to negative that is where I lost a cycle or else I would have been sitting with a bigger stash.

But, hey... Better late than never...

For sure, better late than never. I would have had made the same mistake based on where I was in my life in years earlier. My style of investing was way too conservative and also tied up in various 401k and property type matters, so even the investment case for bitcoin in 2013, 2014 and/or 2015 might not have had been sufficiently convincing to divert my then investments away from the kinds of things that I had been investing in.

My lucky break (which might not have had seemed to have had been so lucky at the time) was that my ability to contribute to the 401k was cut off (sure I was able to keep the 401k, but I was not able to continue to contribute to it), so I had a certain sense of insecurity in terms of whether my then existing 401k was enough, even though it was decent size, I had reservations about it.. so I was largely motivated to invest outside of the 401k but also to invest in a way that was not already covered by the 401k.. so my somewhat superficial initial study of bitcoin was to conclude that it fit the bill of what i was looking for quite well.. so I established both a sufficiently aggressive investment into bitcoin yet at the same time, a somewhat conservative investment in terms of my wanting to make sure that I did not invest too much.. so I largely aimed at trying to get to around 10% of all of my then existing quasi-liquid investments to be in bitcoin. and sure I did not figure out 10% was my target right away, but by the time I was investing into bitcoin for a year, I was making some calculations of where I was at and what I thought might be reasonable, and largely I felt that i was getting to around 10% invested in bitcoin, so I concluded that I had gotten to a point of having enough... but it largely took a year to get there, yet also I could not stop continuing to invest in bitcoin in 2015 and 2016, even though in late 2014, I had already determined that I had gotten enough.

The point being that I am pretty sure that I just happen to be in the right place at the right time..

Quote from: Findingnemo on September 25, 2025, 07:26:39 AM

So my first cycle isn't very shaky, I knew what I missed and I swore that I am not gonna make the same mistake.

So how was your 2017 to 2020? how long did it take you before you started to focus on accumulating bitcoin? We now know that 2017 to 2020 would have had also been a good time to accumulate, even though surely we had a short lived top between about October and December 2017, yet still as long as you were not doing your frontloading between October 2017 and December 2017, you sill may well could have had ended up doing quite well.. like even in my case, there can be a bit demoralizing when buying bitcoin during a period that the price just kept getting cheaper and cheaper and then get stuck on flat (referring to 2015), yet the downfall between 2018 and 2020 might have felt in a similar kind of a way, yet retrospectively, it ended up being a great time to be buying bitcoin, even if some of your purchases might have had been during some of the higher price periods during that time.

Quote from: Findingnemo on September 25, 2025, 07:26:39 AM

And finally, JJG claiming me to be OG and becoming legendary on the same day should be some kind of sign for all in...before the UPtober.

Congratulations. Surely after such time participating in the forum the merits start to add up, and still in the beginning maybe it is harder to earn merits since no one knows you, and it takes a bit of time for other members to get to know you.. You have posted in way more topics than me.

My first 4 years on the forum, I hardly went outside of the WO thread, yet in 2018, I did begin to slowly start to go outside of the WO thread, yet still trying to mostly stay within bitcoin oriented threads rather than other topics.. even though sometimes I will participate a bit in other topics, too... yet there are still ONLY so many hours in the day and I lose patience with some of the topics, and I sometimes will get frustrated to get involved in (or to talk about) some other forum topics, unless they are at least attempted to be related to bitcoin.

And, yeah, I screwed up your nice round number of 1,000 merits.. by sending you another smerit.

Quote from: El duderino_ on September 25, 2025, 11:04:14 AM

https://x.com/pete_rizzo_/status/1971110768688103645?s=46

It is surely contagious for both governments and companies to be considering bitcoin as part of the their financial plan.. and the more announcements like this (to the extent that they deem it necessary to announce in advance), then the more contagion that seems to evolve.

Quote from: xhomerx10 on September 25, 2025, 01:58:13 PM

Quote from: El duderino_ on September 25, 2025, 11:04:14 AM

https://x.com/pete_rizzo_/status/1971110768688103645?s=46

That's better to have the link and a bit of an idea what the link is about...

Even better if there were some kind of an actual human comment.. but hey, who am I to say?

Quote from: LoyceV on September 25, 2025, 02:33:12 PM

Quote from: xhomerx10 on September 25, 2025, 01:58:13 PM

~snip~

The headline isn't accurate. It's just one politician asking this, I wouldn't call that "considering". The part about inflation is laughable: inflation is created on ECB on purpose, and politicians (and even the ECB itself) act as if it's a force of nature or even "a ghost".

That's what I am talking about. An actual person and critical thinking commentario.

#proof of human.

Quote from: BTCETFInvestor on September 25, 2025, 03:33:13 PM

Quote

Bitcoin Resilience Tested: Price Loses Key Support Band, Drop to $105,000 Likely
The crypto king has lost ground as bearish momentum strengthens, with limited support from macroeconomic conditions further worsening sentiment.
Bitcoin Faces Correction - Spot Bitcoin ETFs are playing a critical role in the current selloff, with significant outflows marking the week. Since Monday, the funds have recorded withdrawals totaling $226 million. This is a sharp reversal from the steady inflows seen earlier this month. Such moves reflect growing caution among institutional investors.

Beyond ETFs, broader signals are pointing toward more downside risk for Bitcoin. The Supply Quantiles Cost Basis Model shows BTC slipping under the 0.95 quantile band, an area closely watched by analysts. This range typically represents heavy profit-taking zones for long-term holders.
A sustained decline below this risk band would confirm bearish conditions. Historically, such moves have preceded steep drawdowns, putting price targets between $105,000 and $90,000 in play. With macroeconomic headwinds and cautious institutional flows, Bitcoin’s outlook leans heavily toward weakness.

► https://finance.yahoo.com/news/bitcoin-resilience-tested-price-loses-135642238.html

Sure. Anything is possible, and as soon as there is momentum, then there will be attempts to get more momentum, including making statements about the supposed inevitability of lower numbers that may or may not end up playing out.

Good luck to any dumbfucks selling at these here prices with an expectation of buying back cheaper.

Even selling at higher prices with expectations of buying back cheaper would have had been dumb, but sitll traders going to trade and fail/refuse to adequately/sufficiently prepare for UP.