No problem.. I stand by the points that I made in my previous post, and I don't even disagree that it is possible for the BTC price could end up going down or to go down way, way, way below expectations and to stay down there in those abysmal price locations way longer than any normal mortal would have had expected (in order to continue to shake out weak hands), but again, it seems to me to bare repeating that even those folks who have fantasy expectations of BTC low prices (which I cannot remove you from my categorizing you in such a way from your last post that seems to double down on your earlier post) better make sure that those downity praying folks are NOT only preparing for DOWNity scenarios, and hopefully you and your fellow no coiner, low coiners are not overly preparing for down... and then kicking ur lil selfies later because you were too busy overly preparing for what seems to be Armageddon-like scenarios that are probably way less likely than you are expecting them to be.
I'm only talking possibilities and not 100% guaranteed scenarios, so I'm not at all preparing or worried for anything because I work for BTC, I get it instead of USD based on the conversion rates and that's it.
Of course any one who is earning their cashflow through bitcoin is going to be faced with greater likelihood that they are going to be selling BTC on a regular basis, to the extent that they are likely not going to be able to source all of their spending in a circular economy kind of way.
So, I am not really sure if the way that you consider your cash versus BTC exposure is going to be different from the overwhelming majority of people who have to figure out how to even get started in investing into bitcoin and building up a bitcoin position.
On the other hand, even if you earn income in bitcoin, it is still possible that you might end up selling too much.. and I am not even going to proclaim to understand exactly how you are balancing the various individualized factors that each of us has to consider when we are investing into bitcoin which would be: our cashflow, how much bitcoin we have already accumulated, our other investments (including cash reserves), our view of bitcoin as compared with other investments, timeline, risk tolerance, and our time, skills, goals (investment/lifestyle targets) and our abilities to strategize, plan, research and learn along the way including tweaking strategies from time to time to consider trading, reallocating, use of leverage and/or financial instruments.
And yes, downside will always remain a possibility because of the fact that whatever goes up, must come down (I guess Newton's law maybe?!)
Yes.. sure downside is always a possibility and a risk, and no things do not always go back down.. remember the guys saying bitcoin was going to go back below $200 in the late 2015 early 2016 time frame, and remember the guys saying bitcoin was going to go back below $500 in early 2017, and remember the guys saying bitcoin was going back below $1,500 in late 2018 and remember the guys in recent times (since about mid-2022) saying bitcoin was going below $10k (including uie-pooie currently making such ongoing DOWNity assertion)
As well, I've come here 3 months earlier than you buddy (registration dates lmao)
I got involved into researching into BTC right around mid-November 2013, so my first BTC purchase was right around the date that you registered on the forum... so sure no problem to point out that we seem to have right around a similar timeline in bitcoin, even though surely we likely have differing life experiences and various other kinds of knowledge about the world, so I doubt that we should be attempting to place too much predictive power merely in terms of forum registration dates... but sure, glad to know that you have been around these here parts, and perhaps participating too.. I have not gone through your posting history.. and so I am not completely aware regarding how many times we might have had interacted in the past... I could look into it if you believe it is relevant or maybe if it becomes relevant - if we continue to "battle" on aspects of this topic.. maybe my memory will be jogged if we might have had some past battles on this topic or any other topic, I cannot recall off of the top of my head.
So that extra experience speaks as well haha
Hahahaha
Extra experience? in what regards?
You seem to be grasping at straws if you are trying to bring up some kind of a status in order to bolster your seemingly not so good proclamations in regards to your downity prayers..
It probably hurts your arguments, rather than helps. But what do I know?
One last time, I'd again ask this:
What the F is this dee cornz, man? Oh? I guess that I missed the last time that you mentioned this as if it were a question.. I though that you were merely making a statement. The earlier time, I thought that you were saying that "dee cornz" does extreme things.. or something like that, even though you framed it as a question.
It should be pretty obvious that there are a lot of ways to refer to BTC and "dee cornz" is one of the slang kinds of ways.. I doubt that I should have to explain any further than that. Is there something specific that you would like to know? It is possible that you may well not know what is "dee cornz" - especially since you seem to be preparing for downity, and you might not be sufficiently/adequately prepared for up, in spite your assertion to the contrary.