JayJuanGee, seeing how you got trapped by in this market when you starting buying at the top and all the way down.
It was beginning to seem as if we were approaching a truce, and then you come out with this blowtorch, hand grenade chaos launcher of a statement.
The above statement comes off as very judgmental, and also seems to assume some facts that are not in evidence.
I would not characterize my position as trapped, exactly, because even though I invested quite a lot into bitcoin, I really did not invest beyond my ability to easily lose such investment. I did not leverage, I did not take anything from my living expenses, and I also maintained quite a few other of my mainstream investments.
I'm not sure what else I can say without reiterating my whole investment history, but in essence, I did not materially increase my investment or continue to double down. In fact, I allocated a certain amount that I was going to invest in the first 6 months, between late November 2013 to early June 2013, and I pretty much stuck to my allocation and then when I used those funds, and then I would reassess the situation.
By about mid-June 2014, my average cost per BTCV was around $630.
I will grant you that I did invest quite a lot around upper $300s in late 2014, and I was pretty much "all in" with my reassessment and my allocation of what I had intended to invest into BTC, yet my average cost per BTC in late 2014 was in the mid $500s.
I don't really call any of this trapped because I just continued to dollar cost average invest from late 2014 to early 2015; however in early 2015, I had run into some cash flow issues, so I could not buy BTC for a few months, until about April/May 2015, but I did not sell any of the BTC that I held, and April/May 2015, I resumed dollar cost averaging.
By October 2015, when I set up a plan to begin to trade BTC, my average cost per BTC was about $502, and so I began to trade, and today my average cost per BTC is about $440. Furthermore, I have dollars and BTC stacked on both ends, so I hardly feel trapped. I keep saying this, but stubbornly, you continue with your own seemingly judgmental narrative.
I have given you quite a few details, but still even this level of detail does not describe my whole financial situation, and how I do not feel trapped in spite of your ongoing suggestions in that direction.
Seemingly without your consent you bought more and more as we went lower and lower, and now you are being "forced" to take profits because of the choice you made a year ago to subscribe to a cool and calculated trading strategy...
I still think that you have this wrong. I don't believe that I was coerced, and I never really claimed to be doing anything other than I was doing. My first phase was to accumulate and to buy on dips, and that is what I did. I never sold BTC, and I just continued to buy whenever I had money, and sometimes I would strategically attempt to time some of the purchases in order to continue to accumulate, largely this strategy through late 2014, but continued through most of 2015 too, and to this day, I still continue to buy BTC with some of my extra cash flow, to the extent that I have any.
I did not claim to start trading or even try to trade BTC until October 2015, and that is when I began to post about trading. In fact, through 2014 and most of 2015, I kind of continued to assert that I was not a trader, because I never sold any BTC, which was true (up until October 2015, whenever I sold BTC, I always replaced within days).
you of all people should appreciate the idea i put forth.
I appreciate that you have a right to have your own views and to argue that your views are applicable to your own actions; however, I do not appreciate that you would think that I should subscribe to such views or expect that other readers of this thread would necessarily agree with such thinking, at least not necessarily in the way that you frame it.
the only hope humans have of actually having "free will" is understanding the inevitability of the future, using that knowledge to try and see into the future and then fucking do somthing to change the foreseen future.
That's a bit too fatalistic for my thinking, but I have no problem with you coming from that point of view or even believing that the world is such. Surely, I believe that individuals have some limited abilities to control things in society, but we also have levels of control and our choices have ramifications, as well (on us and sometimes on other people).
I foresee that if i dont GTFO of this from i will not have sex tonight
it might be to late tho...
Agreed.. too much farting around on the forum could interfere with possibilities of getting laid.