Adding a digit to the price is always exciting. Many of us started with only 3 digits, then another one was added, and another. 3 --> 4 was exciting, 4 --> 5 was even more so. 5 --> 6 will be even bigger for many of us long-time HoDLers. Many of us will get deep into fuck-you status and can finally make some major changes to their lives. Late 2024 or 2025 will probably be that time. This means roughly 10 years of HoDLing/DCA. What a ride!
—
Ten years is nothing,
When you're on board the rocket.
This ain't OceanGate!
#blessedsundayhaiku
Wow!!!
If anyone actually goes from zero investments to fuck you status within 10 years, then that would be quite something, and sure I recognize that it is doable and it has happened with bitcoiners who have mostly errored on the side of a certain level of attempting to front load their BTC investment and ongoingly and persistently stacking sats without fucking around with trading and without losing their coins.. and maybe without overdoing it (which is kind of the same as losing their coins).
We might think about many folks in the traditional world needing 30-40 years of investing to get to fuck you status (that is even if they are able to make it), and it seems to me that many of us have witnessed that some of those thoughts about "how much is enough" could end up getting quite eroded by the money printing that we witnessed since March 2020... which ends up taking some of that security away from the traditional investors' abilities to even arrive at fuck you status in any kind of sustainable way, unless maybe they need to exceed entry-level fuck you status by 5x-10x in order to just start to rest somewhat assured,. and even some of the shocking (quick and crazy) happenings that we saw in and around March 2020.. should show us that there remains a decent amount of desperation in various status quo systems that should contribute to any of us having concerns regarding the degrees that status quo institutions might go to try to remove us from our wealth.. whether that might be bitcoin or any other wealth that we might have that might be more vulnerable.
We may well realize that we need a lot value that is in the cushions to feel that we are able to stay in fuck you status - once we have entered it.. which seems to be part of the reason that we likely do not want to overly exaggerate whether we are sufficiently there (which seems to establish some hesitancies in terms of merely relying upon BTC spot price assessment in regards to our wealth), yet it seems likely that bitcoin has had great odds of even overcoming (and making up for) the differences.. so long as we continued to error on the side of accumulating and HODLing it.. even though there is also likely some points in which realize that we have enough and we just can continue to allow the movements of the market to continue to rise.. that includes the fact that
the 200-week moving average continue to go up.. including around $14 per day in recent times.. and by the way, those little balls have been blue and dark blue for quite a while, but the 200-week moving average has still continued to move up.
Of course, "we" already recognize that you are quite likely using a round about $2 million to calculate entry-level fuck you status, so we are on a similar page, there, even though we know that some folks might want to use either higher or lower numbers, but even using such $2 million entry-level amount, we can use something like
my round-about "when fuck you status" chart, to show that a person who started investing in BTC in 2015 likely would need around 35-40 BTC to get to a pretty solid fuck you status by 2024/2025, yet a person who started in 2019 may well need to get to 10-12 BTC in order to get to fuck you status by 2029-ish.. and a person starting now, would likely need to get to right around 4 BTC to get to fuck you status by 2033/2024.... which also tends to show that any of those have been doable, but it seeming that it is going to take more and more front-loading capital to achieve similar results that had been easier to accomplish if a guy (or gal) had started earlier.
We cannot turn the clock back, so any no coiners/low coiners, still likely need to attempt to be somewhat aggressive in their frontloading, and if you believe that the accumulation of 4 BTC right now is somewhat difficult, then you do what you can, and work your way to 4 BTC and if you are not able to achieve the accumulation of BTC, then you still may well be in a decent position even if you are ONLY able to accomplish the accumulation of 1 BTC... ..and you are still likely way better off to be accumulating BTC than NOT accumulating BTC, and you have to measure for yourself regarding how much BTC to accumulate versus any other asset(s) that you might accumulate.
Keep stacking, we’re still early.
Maybe nice, but does anyone around here seriously expect to be around by the last couple of halving dates?
Probably not, but this here famous thread will be, so there is that.
Do you really think so?
In 110 years, these here parts, aka "this here famous thread," might be in the archives of something. somewhere... Maybe?
still active? I really wonder 'bout dat? Odds don't seem very high that this here thread would still be actually, realistically, reliably and undeniably still alive
(kind of the opposite of this), but
never say never.
Call me a party poop, if you
feel that you must.