I know offtopic posts are frowned upon here, and some topics are more off than other, but I'll risk it.
Have you heard about cryptocurrencies? Well there's this nifty thing called bitcoin, it's my favorite.
It's holding 10.5 k-ish.
What is that supposed to mean? You are bullish and hoping, or what?
I was expressing sarcastic discontent with all the racial/save the earth/left/right irrelevant talk, just trying to steer discussion into honey badger related territory.
Nice to see you're (still, always) on it!
Let me ask you a semi-personal question which is a kind of after-the-fact assessment regarding how you faired through our dip down to $6k? Are you of the opinion that you largely ran out of money to buy BTC between $6k and $8k, even though you were able to buy some BTC in those price ranges? Were you able to adjust some of your strategy in order to possibly better prepare in the future, or are you largely hoping that we are out of this downward price pickle?
I almost ran out. I kept placing buy orders hoping/thinking "it can't possibly go much lower than this". So I accumulated quite a bit (well, everything is relative) barely shy of selling grandma to buy moar.
Let me report my own personal scenario from the mid-September 2017 40% correction down from $4,980 to $2,970 - which was that after going through that situation, I had to readjust a considerable amount of my preparations, which actually caused me to oversell a bit from our BTC rebounding back up from $2,970, and really I did not feel that I completely recuperated until we started to break upwards back into new ATHs.. and then the icing on the cake restructuring came for me around 2x higher in the $10k arena and further more when we passed $15k which allowed a fuckload of restructuring and even added cockiness....
Good for you. I wasn't as forward-looking (or well funded?) as you, but I managed to do fairly well.
So, I am anticipating that even though you are making recovery plans from the unexpected over correction of 70% down to $5,920 that you are going to be in a much better position to really restructure your plan as BTC gets back up and maybe even becoming more solid in your approach as we assume the ATH again (assuming that we accomplish such either this year or a worse bull case scenario would be that it takes longer than a year to get above ATH again).... yeah, yeah, yeah, Beara readers, I understand also that there are also bear scenarios that could cause worse outcomes, even though I believe that a lot of us in this thread, including yours truly put a bit more weight on the probability of bull scenarios in the coming year rather than bear scenarios..
The NUMBERS, JayJuanGee, the NUMBERS! Don't you know we all read your posts just for the juicy probabilities with 4 significant digits after the decimal point??
and that is part of the reason that we are in bitcoin and part of the reason why we get so freaking excited about bitcoin.
If only that reckless badger would stop drinking and driving... eh Hairy guy?
