Well, I don't know how you are getting your BTC. There are ways to set BTC buy orders in advance so that you do not have to worry about if you have enough, and there are ways to DCA on a regular basis in order that you more or less feel prepared for UP in the event that UP ends up happening.
So many folks get too greedy and they believe that buying on the dip (and lump sum buying practices that are largely tied to buying on the dip ideas) is preferrable to DCA, and then they end up fucking around too much trying to guess the price when they likely should be realizing that if they do not have very many coins, and they are not even close to fuck you status, then it is better to not get too greedy and better not to be fucking around and waiting for lower BTC prices that may well not end up happening.
You are not the only one.. waiting for sub $12k that is likely not to happen, even though people hope for such and they spend so much time preparing their lil selfies for DOWNity that contributes towards their failure/refusal to sufficiently/adequately prepare for UP (that may or may not happen), but it hurts when UP happens and preparation for it has not sufficiently taken place.
I buy (and sometimes sell) using P2P exchanges. I can only assume that informed Americans are doing the same.
I've been mining (a little) and buying (and sometimes selling,) for several years, so my average cost is well below zero. It's all about the Dollar Cost Average.
People do all kinds of things in terms of figuring out how much BTC to buy, how to buy it and how to store it, if they end up buying it, and surely I find it awkward to suggest that there is any kind of "informed American" (if you are referring to their being informed about bitcoin) because bitcoin adoption remains quite low, and I doubt that we are ONLY addressing bitcoiners who happen to know how to get their bitcoin and how to hold their bitcoin, because even people who participate in this thread may well be trying to figure out how to get their bitcoin or the extent to which they might need to change their bitcoin acquisition strategies -
...so I am not even going to presume that regulars of this thread have enough bitcoin, know how to get it and know how to store their bitcoin in ways that give them options.. for example, having some bitcoin on hardware wallets (perhaps not ledger, but some guys here have their coins on ledgers), having some software wallets, maybe learning about and using lightning network, perhaps using some exchanges, and surely even some guys have third parties holding their BTC whether that is GBTC or some other ways that they consider part of their bitcoin exposure to be through third parties holding their coins (is it really their coins?).
Even on a personal level, sometimes I am changing some of what I do, and sometimes I don't even want to provide all of the details, in terms of securing some semblance of OP Sec.
Maybe your own representation of having costs below $0 per bitcoin might show that you have not bought enough bitcoin, but hey, I understand that people who earn through bitcoin, whether mining or otherwise, go through their own perverted frames regarding the extent to which they believe that they have enough coins.. and sure maybe I read you wrong, when you were suggesting some kind of anxiety for not having had accumulated enough BTC when the BTC price dropped into the low $25ks- and even sub $25k, if you had not noticed.
Some of us have some what automated ways to buy BTC on the dip, and yeah maybe those are not great ways to be buying BTC, especially dealing with some exchanges - even if we may well be moving coins off of exchanges on a regular basis. I used to have way more coins on exchanges, and little by little I shrunk down my exposure towards having coins on exchanges, even though I still have some coins on exchanges (it seems like less than 5% of my total BTC holdings)..and so I did used to make manual buys/sells but I have found it a bit less burdensome to mostly set them in advance, even though from time to time, I do have to restructure and to manage those, too.... and I still have not found some better or more automated way to make myself comfortable with such a process, even though there had been some personal aspiration that I would considerably increase my buy/sell spreads and increments - however, I think that Bitcoin's volatility since May-2022-ish had contributed towards my feeling that I needed to engage in a bit more active management, and maybe I have not really distanced myself from such active management, even though I do still tend to allow the price to come to my orders rather than spot buying or spot selling or even engaging in that kind of activity.. but I suppose that if I were to make some kind of a large purchase using BTC or even fiat that is inside of my BTC trading accounts, then maybe I might feel that I need to adjust my buy/sell orders (and strategies) in order to attempt to account for some large purchase that I might have had ended up making..
i was reading this thread from starting (just for fun),
i seen users which are the lucky early adopters and they are now millionaires, even billionaires now.
It must be your imagination.
