Voila, sold my DOGE (which were bought in summer 2019) for some extra bitcoins.
Patience is everything, glad I could finally get rid of them.
And now pump it to 100k+
Planning to ride this bull as:
(saw him during a walk last sunday, that can't be coincidence
)
Surely does not look like a very stable way to be attempting to ride a bull.. one little bit of movement and your ride becomes history.
I just spent the last of my remaining fiat to buy the dip.
(€50,500 ≈ $60,500)
Time to update this meme.
I don't know which category I am in, all I know I'm not waiting for sub $60k.
*edit: edited out the numbers, that's not relevant.
Ever since I got into bitcoin
(late 2013- as many already have heard a few times), my philosophy and approach has been to attempt to
never run out of fiat to be able to buy on dips. There have been a few times (especially during extensive BTC price dippenings or unexpected dips, such as around January 2015, March 2017, September 2017, November 2018, March 2020, and perhaps a few other times, in which aspects of my philosophy had been put to considerable challenges based on actual facts and BTC price movements). This is NOT even close to one of those times to one of those times of running out (or low) on fiat.
In fact, this current situation is nearly the exact opposite of halving too much fiat.. (similar to late 2017 run up to $19,666) but in the past couple of years, I have tweaked my system in what seems to be even a better way that I am more psychologically comfortable with where I am at, as compared to late 2017. For some reason in late 2017, I was more anxious (relatively speaking) to buy every BTC price dip, but currently, I feel less shits than I did at that time, which I believe reflects a higher degree of comfort that I have with my current place.
On the other hand, it seems to me (which is hardly even close to an original thought), that we are not quite close to the "blow off top" level of BTC price appreciation that we were in late 2017 - even though in late 2017, I had not really accepted that we were at a blow off top either, and maybe that was part of the reason for my ongoing urge to buy on relatively small BTC price dippenings. In that respect, I am kind of wondering if my level of anxiety might increase with greater BTC price appreciation, and if so, how much of a greater BTC price appreciation is going to be required to cause me to start to feel some anxieties regarding where we are at, or even if I start considering that I have too many BTC, perhaps? Will that be $100k? $288k? $500k, $1million? $1.5million? or some other BTC price point? (assuming that we might get to some, if not all, of those numbers in this cycle).
By the way, I am starting to consider that outlying tops of this particular cycle could stretch out to as far as late 2022 based on some of the supercycle and related nonsense that is being propagated that could well contribute to a longer dragging out of this particular cycle.. perhaps? perhaps? and hopefully, I continue to be able to take whatever measures that I need to in order to hardly give any shits regarding how BTC prices perform in the next 6 to 20 months - even including if we all end up getting surprised as fuck and turn into whining little bitches because the top for this cycle ends up being $64,895...