Question for everybody in the WO.
If today, you get 1Million$ fresh fiat, available to invest in totally in this market.
What would be your strategy ? Short-long term.. Level/target.. Pourcentage.. Diversification (i mean not only "all in" on btc)..
Divide into three parts: 1) Buy $333k more or less
immediately (with orders that are sufficiently unlikely to move the BTC price limited buy orders rather than market price buying). 2) Set $333k in a kind of
front-loading DCA system over 6 to 18 months (likely buying weekly - a weekly allowance - with larger orders towards the front of whatever period that I choose.. maybe 18 months would be better with that amount of money?) 3) $333k to
buy on dips, perhaps set the vast majority between $19k
($500 below lump sum purchase price) and $14k with a bit of a skew towards the higher prices in the range, and maybe have some additional buy orders between $9k and $14k.. with some difficulties to believe that those ones will get filled . but to consider readjusting those $9k to $14k buy orders if the BTC price were to get close to filling most if not all of the ones between $14k and $19k.
Question for everybody in the WO.
If today, you get 1Million$ fresh fiat, available to invest in totally in this market.
What would be your strategy ? Short-long term.. Level/target.. Pourcentage.. Diversification (i mean not only "all in" on btc)..
What would I do with fresh fiat TODAY ?
30% cash awaiting to buy BTC in over next 1-3-6 months. (If it makes sense at the time)
25% cash awaiting to buy a
very particular alt over 1-3-6 months. (Regardless)
15% cash awaiting to buy another particular alt over 1-3-6 months. (If it makes sense at the time)
20% cash for rainy day for BTC next year/year after/ Blackswan. (If it makes sense at the time)
10% cash just cos
Oh gawd...
Or should I say HOLY FUCK!!!!?
hahahahahaha
What evidence of shitcoiner inclinations and lack of confidence in dee king of daddies.
Can imagine your current holdings look equally crappy as your proposed vision
(to the extent it can be charitably labeled a s such).. hahahaha #justsaying
This is the weirdest bear market so far...
I am having fun! I really am.
same here. the thrill is back for me. not since i started and went through my 1st crash (~90% drop) have i felt like this.
are we toast? have we made a huge mistake? if we crash way hard and crater it big time will it survive?
and just like my 1st "panic" in the 2011 crash one thing stays the same for me: HODL this pig. cuz moon or hole in the ground im in 100%
You guys are sick.
That's why empowering is getting invited to the party, and you two are NOT.
Fun.. .
yeah right..
I have to chime in it is a bit more complex than just being black and white. Though in some ways I tend towards polarity myself. I have never been comfortable trading. My strategies are very tailored to what is successful to me. But there is still risk. One risk that became realized during this particular bull/bear run was always there. You just don't know what life is going to throw at you.
Well it threw everything at me between 2021 and now. I got news yesterday that my mother is likely dying.
In retrospect if I had taken more profits when we were 3x higher I would be in much better shape now. But I have also chosen this strategy with my eyes wide open. I will get through this time, and possibly be better for it. Or it will kill me. Can't say for sure. Never can.
It sounds trite. It might sound like the tritest thing one can ever say. I have been here here in the Bitcoin hurricane-roller-coaster with you crazy people for a lot of years now. And it has taught me something that might even be more valuable than the financial gain possible if one can weather this storm. And that is what really matters in life. See.. trite. We all already know this. But I did not KNOW it, and am just learning really
It is fleeting. It is hard to grasp. And impossible, really, to control. The path of life, that is. I can only breathe in, and out. And make choices. But in the end I must really be at peace with where I am. Or not.
Breathe in... out...
It is possible to look back on life and see the things I could have done differently. I could have paid better attention to that thing happening with my child in 2016. I could have bought more bitcoin in 2011. And so on. A mirror image of this, it is also possible to become full of myself and make lists of the things I have done right. But both of these paths spring from the same emptiness.
I am a Christian. But I draw a lot from the Buddhists too, I guess. And desire is a mean ass bitch. I admire death_wish for laying his errors out on the line for all to see here (although... well nevermind). And desire isn't really bad. It just is what it is. Like fire. And knowing how to work with it, is to be free from being burned by it, I think.
Anyway. Somehow this experience with Bitcoin has taught me how to care about the right things a little better... and not care about the wrong ones as much.
I am having fun during this bear! Why is that? Is it because I am a masochist? No. Because I want to pretend I don't hate not selling at the top and buying at the bottom over and over? Nope. It is because this is one of the most interesting seasons in Bitcoin I have seen so far, and I have seen just about all of them.
I mean good grief. Roger Ver may have gotten liquidated during this time. I think when the smoke clears this will have been one of the most crazy periods in Bitcoin's history. And I find that fun.
Anyway... I hope you will reconsider my invitation to the party. But if you don't? That's OK too.
Breathe in.
Whoaza..
It seems that your explanation has caused some kind of short-circuiting of systems
(de dee bot), and my handlers are working on updates that might well allow the potential of some kind of a further respond at a later date - though we have already established algorithmic systems of never going back to earlier posts, but we also have some values of "never say never" programmed therein as well...
In other words I am likely going to have to leave uie-pooie hanging in regards to unspecified "party" possibilities.
I think that part of the problem with my various proclamations regarding being socially unawkward and party-friendly contributed to the circuitry meltdown and/or other software issues... too many internal contradictions
(from yours truly - I hate to admit), it seems...
#justsaying.
Totally deluded.
