By the way, I was considering not saying anything.. but from the whole escalation angle ... holy moley..... You might even make a street fighter start to feel uncomfortable.. and I would hope that our atmosphere here need not be that rough and tumble even though we might want to verbally throw down on some of the various issues from time to time... but still..
Jay, you big meanie, did I even shock
you? I suppose it is kind of like a "that escalated quickly" situation.....
but not comfortable, either.
Although I am generally a kind and caring person,
oh really?
I have a hard and ruthless side.
I hadn't noticed.
goldkingcoiner said fighting words. ....... He crossed me badly.
It's not easy to come to that conclusion... There's quite a bit of leeway on the interwebs in terms of back and forths.. and maybe even moreso in this thread... .. so even if some members make mistakes or are wrong in positions that they take, I doubt that it even rises to a level of maliciousness if they double down on their having had been wrong and arguments will frequently flip from substantive to personal and even sometimes start out in ways that are way too personal and way too difficult for others to understand because either one or the other party is over reacting or they have a history of escalated interactions between themselves..
Funny how people who probably entered couple months or 3-4 years ago call other who are here since 2013 a mindrust. I got called mindrust at 60k as well for wanting to sell. Sometimes I think these 300k predicters and those who scream hodl are just doing so so that they can sell.
Funny how people rewrite history.
You were talking about selling at the dip at $30k-ish last year.. and probably other times.. You seem to have a tendency to talk about selling on dips.. so that likely contributes to why you tend to receive push back during those kinds of times.
Hey, sorry guys, forgot to put it on my calendar. When's the $10k party?
You missed it
They may be a 15k party in just a bit.
as JJG says "DCA"
You can start today.
I had to edit this portion of my earlier response... I wrote my below response, and then I realized that I had come out fighting a wee bit too much.. because initially, I thought that you had been dissing me or my recommended techniques/strategies... Perhaps I had been reading too much D_W recently? perhaps? perhaps? Come out swinging and throwing punches and then come back and pick up the innocent dead bodies later
(including my own).. hahahaha
It surely feels like dire times, and it is likely not easy to get the no coiners or the lowcoiners started in times like these... likely many low coiners and no coiners are feeling quit smug right now... sending text messages - re "I told you so" blah blah blah..
For sure there are quite a few of us who have been in a long time.. who even might be trying to play these price swings in BIGGEDly ways in order to not become emotional.. but even with that we may well have been quite prepared for UP in the $30ks, $40ks and $50ks...
Some of us have run out of money.. been buying on dips. .and even cashflow running out..
That may well be funny for a no coiner to be witnessing this level of overshooting, correcting and purging of some of the froth.. if that might be what is going on?
For sure it is nice to have various targets and theories regarding price points in which you are able to still buy. I had to remove some of my buy orders.. which makes me feel bad.. ..and I should be able to come up with some kind of a reassessment in the coming day or two.. and I hate to be working so hard in terms of feeling as if I need to think about the matter a bit more and to rethink about the matter more than I wished that I would need to do.. including but not limited to considerations regarding how much cash I have, what were my projected expenses regarding what I was planning to do and whether I for practical sakes, may well need to make some adjustments to some of those cashflow projection matters.. I feel that I am in a kind of similar spot in terms of some of Jimbo's thinking (
in this post) even though my specifics diverge in some ways from his.. but still coming across those kinds of similar weighings..
From my own personal feelings/experiences (and my ability to empathize to some degree) I can appreciate that in times like these it can sometimes be difficult to feel like doing anything - ... and so the remedy for running out of money - because you bought on dips would likely be HODL.. but some people get nervous and they figure out their own remedies that may or may not end up working out for them..
Ongoing cashflow does help to at least buy on dips and maybe just lower the DCA amount if there is too much nervousness about where we are at and where we might be going.. but if there is an ability to just keep the DCA going, then that can be helpful too.. it is largely a matter of if the various dips are causing your wealth effect to go so low that you worry about your cashflow.. but if you had been a low coiner or a no coiner, then you are likely in a better position to either just continue with the same DCA or even to increase the DCA during times like these.
I am not even proclaiming my own remedies or tactics are 100% fool proof.. even though they tend to work out pretty good so long as the BTC price ends up going back up at some point.. and we even know that there are no guarantees in life, including that BTC prices are going to end up going back up, even if it remains the soundest of monies that is likely being fucked with through a process in which there are folks selling coins that they do not have.. . .. how long are they able to keep selling coins that they do not have is not exactly clear.. so maybe we are experiencing some kind of test of how long are they going to be able to keep selling coins that they do not have until we might be saved by some whiteknight bullwhales who are able to suck up all the coins and fuck the naked shorters (sellers)...
And I mentioned this before that miners may well be heavily exposed to the games that are being played by others because they have real coins.. but are the fake coins going to end up having to motivate those miners (holding real coins) to sell their real ones? Furthermore, some of the miners had levered their real coins too.. so that would be mean that some of those miners become targets of the game players to liquidate them.. to get their real coins.. .I doubt that any of us have answers to questions regarding how much rewards can come to those who are pushing the BTC price down.. how low they can get the BTC price to go and for how long can they keep it down there?