this is the bottom
X
Nice pic but what does your broad think about you posting that?
You're free to post and stuph and all. Did she realize your epic status on a world-wide forum dedicated to disruption?
she has no idea what i post. and does not care to know. I do not talk about bitcoin at all with her, this is like my secret identity.
Adam, I think that you kind of know my story... No?
I have been pretty much continuing to buy BTC and hold and I never really sell any BTC (except if I do sell any, then I replace them within days).
You have been in BTClandia longer than me, but you said that you had bought and sold and bought before the last bubble, but then as prices were going down in this latest downward from November 2013, I think that you continued to buy and hold, no? Are you accumulating a fairly decent stash of BTC over these last couple of years?
I feel like I have been building a pretty decent stash, and probably I have a few times more than I ever thought that I would because I did NOT expect prices to go below $500 or to stay below for very extended periods of time (like what has been happening the past 9 months-ish).
Recently, I have developed various plans to strategically sell at certain points (by conceptually dividing my stash into three parts), and then I trade with one of the portions (and only specifically triggered at certain points), until BTC prices go up to trigger me to move to the other portion of my stash... my model presumes BTC prices will go up at some point, but continue to have some volatility....
I think that my plan forward is pretty decent... and yes it kind of presumes that the bounce out of this $220 to $290 price will be upwards, likely less than a year?
maybe?? ; however, in the mean time, I continue to buy BTC (at least while the price is below a certain point), and if prices continue to go down, my plan will be to continue to buy, rather than selling any.. my selling behavior is only going to be triggered if prices begin to go back up.. .. hopefully some day in less than 12 months-ish, no?
yes I remember, It's really sad that you bought at the very top and have been buying like mad ever since. I imagine your avg price in now ~400$, not bad, not good, but not bad either, thing is to be HOLDING, and forget about it. fuck its possible we plunge to 125$ tomorrow and stay there for 3 year and then 4 years later something happens and BAM oh shit my gf is calling, i'm on thin ice, gtg
Yes my overall average buy price is in the $400s, and possibly my average buy in price felt like a bigger problem for me in the beginning of the year, because I ran into some unexpected expenses. ... and in the beginning of the year, I could NOT buy, in spite of relatively low prices.
In recent months, I have kind of made up for some of those earlier in the year cash flow issues... which allows for some decent potential opportunities, with my being able to acquire quite a few BTC in the lower $200s - kind of a second chance at it.... Accordingly, I do expect a pretty decent likelihood to be able to bring my average cost per BTC down... which I hope to be writing about in the future (maybe a year or two... haahahaha).... but like you said, a worse case scenario could be that BTC prices continue to go down without coming up first.... and then if they never come back up, in spite of continuing development around BTC... then I and probably quite a few other similarly situated peeps, may be taking a loss... I remain optimistic...
and Adam, I hope your gfie doesn't lock you up, like she had done several months back... and caused you to be absent from the thread for a considerable period of time..
