Thinking of pulling trigger,
On wage slavery...
Interesting.
I think there may well be some guys (maybe included in this thread) who might not realize that they are in a better place than they might believe themselves to be - even though I have no problem with the idea of conservativism or even over-conservativism, up to a point.
An interesting thing about the past 4-ish months is that the BTC price has largely been stuck in the $55k to $82k range (yeah, I know that we have not gotten above the March 13th $73,794.. but still largely we are stuck in a range for around 4-months-ish.. and yeah, such range could last a bit longer. Maybe even another 4 months-ish.. perhaps? perhaps?
At the same time, the 200-WMA has gone up from $31,284 to currently right around $36,179... so gosh, from my perspective the value of our stashes has gone up right around a solid 14%-ish in just 4 months, but that is not even nothing new to be getting somewhere in the ballpark of 40% per year-ish.
Go ahead AlcoHoDl, you can withdraw 10%-ish per year and not even have to worry, and 10% per year is likely meaning that you have way more bitcoin than you need since you probably will not even need to come anywhere close to withdrawing 10% per year and still likely able to pay yourself more than your current income.. but yeah, I know that a BIG stickler for a lot of folks is health care (or health insurance), which seems to keep a lot of us employed way longer than we would like to be.
I am surely not unhappy with current prices, even though surely many of us were thinking that the UPwards movement would play out a bit more rapidly, but hey, bitcoin does what it is going to do.. so yeah, good for any of us who might still have money to be buying on the way down, even if we might have had been preferring UPpity.
I'd like BTC to be in the green that would make me feel better.
Well, I would think that any of us who had been in bitcoin for around 4-ish years or more have benefited from our step up from our then consolidation below $10k-ish, so largely we have around a 6x step-up that is likely not going to go back.. yeah, in 2022 there was a bit of testing of those pre-2020 prices, but we still seem to be on pretty solid grounds, even if we might get some more correction from here.. many of us folks have already enjoyed the benefits of our 2021 step up.. and yeah, maybe we will be getting more step ups in our value, but we cannot necessarily sit back and expect such step ups to just happen without a bit of drama and likely suffering along the way... not all of us who hold coins are going to be able to go with the next step up.. whether that is this year, next year or some later point.. we cannot really know, and we cannot even expect that the step-ups have to happen, even if we likely are justified to continue to retain and maintain a certain amount of our value in the cornz.
I'd like BTC to be in the green that would make me feel better.
Nonetheless I hope BTC to be in the green for us all… but it should be in the green for those hodling several years…
That is another good way of putting it. Bitcoin should be in the green for many of us, even if there may well be some of us who are still in our accumulation stages, so we might not feel as relaxed, but we still may well need to continue to accumulate even though when we buy BTC we are raising our average cost per BTC - which just means that we are in profits.. and gosh I would think that guys who have been in as long as aesma, which is similar to me, would likely still have costs that are in the 4 digits rather than 5 digits, even though surely mistakes were likely made along the way, and surely over the years, aesma had mentioned some of his mistakes including that he may well still be accumulating bitcoin or at least maybe it seems that he might be accumulating on the dip, if he remains worried about prices going down rather than up.
I'd like BTC to be in the green that would make me feel better.
Nonetheless I hope BTC to be in the green for us all… but it should be in the green for those hodling several years…
I saw someone wishing BTC goes reddish more so he can enter the market.
Here you're wanting some green. lolz
Maybe I'm having a mixed feelings neither green nor red but personally I'm very low in my stash so I would be in the midlands.
Of course, people who are low coiners, no coiners or are pretty early in their bitcoin accumulation journey, they are going to be happy with BTC prices going down, in part because they hardly have any coins...
so your comment about everyone being different seems to ignore some of the main context, especially in a thread like this where there should be a bit of a presumption that longer term forum members have probably accumulated some corn by now, so many of us are not so excited about the BTC price going down, even though some of us are still trying to make the best out of such unfortunate downity price actions when they do happen to happen... which seems to be where we have been for the last 2-ish weeks (a bit of a correction or maybe just consolidation within a range that is not yet too exciting but getting a few members worked up for an expectation to be going up at some point)... even though surely we have seen 4 months of consolidation previously, if we might want to consider our current BTC price location as a kind of consolidation area.