Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3697. (Read 26609788 times)

I'm not one of those to jump on a bandwagon, feel free to go back and check my history.

I have said S2F was broken from day 1.

It does not take into account the institutional fuckery going on.

Derivatives and fractional reserve naked shorting are skimming off by my guess 15-20% of the cap across the board (which btw is about how much out of wack stf is on a cursory glance) and if people do not stop supporting the actors that are doing this it will only get worse until bitcoin is manipulated just like gold and that is what the scumbag bankers ultimate goal is in this space.

Paper bitcoin is their goal to our detriment and that was not satoshi's dream.

Explanation

Hahahaaha

Yeah... good one.

Put your money where your mouth is (referring to ImThour).

We know that is not going to happen.



hahahaha  



Ok... now you are going to start to post your supposedly "winning" trades?  These kinds of posting streaks usually do not last too long.. we get some smart-asses posting about how smart they are, but it usually does not take very long for them to actually be shown as either losers in the market or full of shifting narratives.


I would say that there are still quite a few folks, even regular WO participants who are not really very prepared for UP... there are quite a few still playing around with shorting BTC and trying to time the ups and the downs.. which is likely a losers approach unless, there is an overallocation towards holding the vast majority of the BTC and accumulating BTC and not gambling with principle.

Don't get me wrong.  I do sell BTC on the way up.. but you also gotta recall that I have been in BTC for more than 8 years, and I did not sell one BTC until after already having had been in BTC for nearly 2 years and having had established my BTC position pretty well by that time, so in that regard the amount of BTC that I sell remains so damned low (relatively speaking to my total holdings, my holdings in other investments and various other personal considerations)..

When attempting to manage a BTC portfolio, systems can be established in which the UP more than makes up for any BTC selling that takes place, and that is largely because someone in a position like mine had already over-allocated in 2014/2015.. so even though the BTC price kept going up since that time, I did not really reallocate value back into fiat in any kind of meaningful way even though the allocation of BTC value continued to grow and grow and grow relative to the other investments (even if it only amounts to more than 0.63 BTC or whatever).

In other words, what I am trying to say is that there are likely ways that guys (and gal too) can overallocate value into BTC.. but still not be engaged in gambling practices, and I would not even be suggesting at all that normies can engage in anything close to the same kinds of leveraging and overallocations that Saylor has been doing in order to be overallocated and prepared for BTC uppity.... Saylor has a unique circumstance in terms of ongoing cashflow that he has and also his ability to negotiate very long-term financial terms for the various financial instruments that he has been using to leverage fiat and to purchase bitcoin with that.

The longer that any of us have been into bitcoin, the more that we should have been able to figure out how much to allocate into bitcoin in order to prepare for UPpity... and how to manage our BTC holdings relative to our own situation  and relative to our other investments.

I used to suggest that 1 to 10% allocation into bitcoin is sufficient for a newbie, so anything above 10% would be overallocation.. and then not reallocating after price appreciation could still be considered "overallocation."  These days I am suggesting that newbies start with 1-25% allocation into bitcoin, so allocating more than 25% would be overallocation - however, each of us needs to assess for ourselves in terms of what other investments we have in order to determine whether 25% in bitcoin might be overallocation or not... so for example, if you do not have any other investments, then you may well start out with investing more than 25% of your investments into bitcoin, and that would not be considered overallocation.. because if you do not have any other investments, then by definition, you are in the early stages of just building your investment portfolio, and maybe at that point your only investment would be BTC, so maybe you only have BTC and cash, so at that point maybe you would have way more allocation into BTC.. even something approaching 80% BTC 20% cash - presuming that the 20% also accounts for your emergency fund and your ability have pretty decent ideas about your cashflow 6 months to 24 months into the future.. so those matters should also be considered when determining how much to allocate and determining from your own perspective if you are overallocated into bitcoin, if so by how much and if so whether you have gotten more options from the overallocation or if you are merely under more stress because of your choice to over-allocate into such a likely to be ongoingly volatile asset class (one of the most inevitable knowns of bitcoin remains that it is likely to continue to be volatile for the next 5-20 years if not more).

By the way, I should make the disclaimer that I am not giving any financial advice.... you fucks.. this is the interwebs... In other words, you should be figuring out this kind of shit on your own and in terms of your own circumstances.. and your own views of bitcoin as compared to other assets in which you could invest.. and I pity the fool..  if you fail and refuse to sufficiently and adequately invest in bitcoin..

Explanation

I understand (...i think), which let's me see many of your posts here in a slighty different light now.
To your question: It's respect for life, at least. To keep it short and not make it a love-only discussion: Love doesn't value. Hate, fear, grudge and the likes are just examples for states defined by complete absence of love.
Can't say too much about credibility or authenticity of (long-time) forum members, but it's not that important to me either, because i'm mainly here to discuss, gather and share knowledge, as well as not to forget the fun. I always hated to debate with Nully, as you might have noticed sometimes, but he seemed to be quite noble and trustworthy. One of the few i'd enjoy to read again from in these here parts.


True that. My swearing and insulting is not to condemn, but rather to try and balance things out.