200-WMA is getting close to $41k, so the 200-WMA is moving up close to $30 per day (and likely higher than 20% per year),
That is some good
technical analysis . So moving averages are good but support and resistance levels are not?
you seem to be quite blind if you believe that bitcoin is some kind of a mature asset class that is just going to continue to meander around its current price points and fail/refuse to go up or if bitcoin has equal chances of going down as it does to be going up.
Yes I think of bitcoin as a mature asset class as 9th biggest asset just below silver. I am not saying about 50-50 chances, I am bullish but you have to keep in mind crucial levels if you want to be more profitable or avoid too much short term risk.
they may well be better off to invest into bitcoin rather than to be fucking around trying to trade what it either one of the best of investments available or the best investment available, so why fuck around trading the best investment. Hardly makes any sense,
Not everyone is loaded with bitcoins from early days. People need to move investments time to time (needs, better opportunities) and which is best time to move and not move, crucial support levels can help you a lot.
You can portray yourself however you like.
A fish
when you come into this thread with trading ideas in regards to your bitcoin portfolio accumulation and/or management, then you might get some backlash in regards to those kinds of approaches to your bitcoin, and not just from me.
Bring it on!.
An overwhelming quantity of the world's population also have to get to a point of getting enough or more than enough BTC before they get to the more advanced problem of how to spend their BTC.
Same could be said for any asset class (gold, silver etc.).
You seemed to have been suggesting fucking around with trading in order to accumulate BTC, so it seems that I was responding more to those kinds of issues that you were raising rather than the less important 1st world problems that might confront a guy who has already accumulated enough BTC or more than enough BTC.
I am not going to automatically run past the initial phase in which a guy has to get through his BTC accumulation phase and perhaps even part of his maintenance phase before he is even ready to start liquidating.. so i think that you are getting ahead of yourself or even ahead of where I would like to discuss since those first to stages seem way more important to me, and the guy who has gotten enough BTC or more than enough BTC can pretty much do whatever the fuck he wants anyhow...so I am not too worried about that guy... but I am worried about the guys who end up fucking around in their accumulation and their employing trading strategies to their BTC accumulation.. since a lot of those guys are not even going to come even close to having the problem of accumulating enough or accumulating more than enough BTC... which they gotta get to that point first.
Classic chicken and egg problem. Your argument is good except you are neglecting the fact that trading BTC can be a method to acquire it. I know you are arguing about the demerits of trading and you want people to earn money (from something else) and then start accumulating BTC. I also understand your concern about trading in general but you will loose money in any venture in general if you do not learn and develop skills and to me trading is no different.
