Sure, that was 2013 and without the - justHodl, SoV is only left over from the original idea and Satoshi White Paper.
Now btc IS just more Ponzi than ever, thx to kicking out all the business (remember the 2x UASF shit show?)
Im happy BSV - Bitcoin is back on track
Make a BSV-wall Observer thread and please get lost in there ..... we can perfectly be functional whiteout you in here
Be gone be silent, leave BTC out of your writing and focus creating a thread for “your kind of people”
I just moved a legacy address bitcoin core to another address. I think Monday I'm gonna flush all the forks off of that paper wallet of BSV/BCH or whatever. At the 'now-price'
that is equivalent to 7.055 BTC-Core. This is after 15% cap gains and 10% state tax in the USA. Should have done this much sooner...but I think it is now or never time. I'm so
invested in BTC-Core that if this is a 'mistake' it won't matter much compared to a BTC-Core implosion. So going for it. But nice score regardless in that these BTC
only exist I will get from 'dubious' forks of BTC-Core. So taking the 'sensible' approach now. (If I believe in a pump in 2020 due to having).
Strategy = "Run Away, Run Away"
Brad
right here and now, i would just cash it out and 'diworsify', maybe even into T-bills.
Not sure if buying btc here is the right move short term. Long term-of course, yes.
You are probably correct but every BTC I've ever spent has come back to haunt my ass. Panic'd like a small 9-year-old girl (with screams) when I sold 13 BTC last year on
12/24/19 when BTC was $3,965.00 USD. Groan! I managed to thru dumb luck equipment sales and such to get back 4 BTC from such. But it really sucks. So yeah, its a gift, my
ability to sell at the wrong time or get 'dubious' ASIC equipment. The above wallet is NOT my hoard however, just what was emptied to add to such Hoard in 1 address.
I know, I'm probably an Idiot...Bitcoin you 'merciless bitch' but setting myself up for 'heartbreak' is how we roll on this romance.
I swear I'd have better odds on when to sell and how much flipping a coin with likely a lot less 'angst". As it is every decision I make on buy/sell/hodl BTC is by a 'decision'...thus
if wrong it's my 'fault'. I should just leave it all to chance, again, less angst. But for now in full HODL mode (until the next time I use my 'superpower' skills to sell at the low and
shriek like a 9-year-old yet again). Rinse/Wash/Repeat. As you can see my 'strategy' is very sophisticated, don't ya know.
So like 5 out of 5 selling BTC at the wrong time and never to recover vs HODL mode (soothing). So yeah, I got 'issues' with BTC your merciless bitch!
Seems good to me that you are attempting to grapple with your past moments of weakness, Searing, in order to attempt to avoid falling into similar mistakes in the future.
It also seems like a decent plan to cash out some, if not all of your BCH and BSV now, while those shitcoins are on a recent rise, relative to BTC, which causes you to get more value for them in terms of BTC. Sure, maybe you could get more BTC per BCH and/or BSV in the future, but seems doubtful that either of those shitcoins have any kind of meaningful future value.
Systematically each of them continue to carry out so many seemingly greedy (self-dealing) implementations on an ongoing basis to show their desperation and inabilities to not engage in self-dealings. Take BCH with its recent announcement of a 12.5% mining tax, and BSV with its ongoing love/hate relationship with CSW..
Their days surely seem numbered in terms of being able to sustain any kind of meaningful value and/or sustainable pumpementals of either of those shitcoins.
We will see, we will see, and even if either or both of those shitty-ass projects were to get pumpened more in terms of their BTC value, it still should not hurt to transition most if not all of the value into king daddy.. which still likely has a good price trajectory in the next 1-2 years.... sure a bitcoin exponential price rise could get drug out longer than 2 years which would cause the four-year fractal and perhaps even the stock to flow model to seem like it might be strained or not working... but seems more likely that we are to see some kind of meaningful and strong BTC break upwards in the coming 1-2 years, and yeah it is even possible that a front-running of such exponential BTC price rise could happen.. less likely, but surely possible.
For you, Searing, if you are striving to NOT be forced to sell as much BTC in the future at inopportune times, it may be good for you to shave off a little bit of profits at various strategic BTC price points, such as shaving off 5% of your BTC value every 30% rise.
Of course, you could tweak such a plan to take out more profits or to take out less or to change the increments of withdrawal, but sometimes it is good to take some BTC profits along the way, in order that you are less likely to have as many inopportune future panic experiences.
I remember that you had stated that you had a goal of $11,111, and maybe it would be o.k. to wait for that BTC price point before starting to shave off some of your profits.. I understand that you are overall "in profits" and you are both inclined to shave off profits, and you will still be doing quite well, even if you don't shave off a lot of profits.
But a shaving of 5% of profits at every 30% rise would look something like the below chart, and still set you up quite well for a price rise to $500k or more, if such a price rise were to happen. For ease of calculation in the below chart, I used 10 BTC as our starting point, but of course, you could plug in any number of BTC into such a formula in order to see where you would be at, at various hypothetical BTC price points that could happen this cycle or maybe in the next 4 year cycle, perhaps? Either way, you would be shaving off a decent amount of profits that you could use for yearly expenses or you could fold some of that back into BTC, in the event of an unexpected price drop along the way... but either way, you should be able to have enough dollars and bitcoin in order to be prepared for either BTC price direction... or even panic a little in the middle (without harming your portfolio as much because your panic would be more contained within an already existing tentatively acceptable plan that you tailored to yourself ahead of time).
Increment% 30.00% Amount to sell% 5.00%
Sell Price BTC balance BTCSellamt $ValueHoldings soldValue soldTotal $11,111.00 10.00000000 0.50000000 $111,110.00 $5,555.50 $5,555.50
$14,444.30 9.50000000 0.47500000 $137,220.85 $6,861.04 $12,416.54
$18,777.59 9.02500000 0.45125000 $169,467.75 $8,473.39 $20,889.93
$24,410.87 8.57375000 0.42868750 $209,292.67 $10,464.63 $31,354.56
$31,734.13 8.14506250 0.40725313 $258,476.45 $12,923.82 $44,278.39
$41,254.37 7.73780938 0.38689047 $319,218.41 $15,960.92 $60,239.31
$53,630.67 7.35091891 0.36754595 $394,234.74 $19,711.74 $79,951.04
$69,719.88 6.98337296 0.34916865 $486,879.91 $24,344.00 $104,295.04
$90,635.84 6.63420431 0.33171022 $601,296.68 $30,064.83 $134,359.87
$117,826.59 6.30249410 0.31512470 $742,601.40 $37,130.07 $171,489.94
$153,174.57 5.98736939 0.29936847 $917,112.73 $45,855.64 $217,345.58
$199,126.94 5.68800092 0.28440005 $1,132,634.23 $56,631.71 $273,977.29
$258,865.02 5.40360088 0.27018004 $1,398,803.27 $69,940.16 $343,917.45
$336,524.53 5.13342083 0.25667104 $1,727,522.04 $86,376.10 $430,293.56
$437,481.89 4.87674979 0.24383749 $2,133,489.72 $106,674.49 $536,968.04
$568,726.46 4.63291230 0.23164562 $2,634,859.80 $131,742.99 $668,711.03
