Explanation
Chartbuddy thanks talkimg.com

Explanation
Chartbuddy thanks talkimg.com

I never actually thought that DCA covered the two scenarios you explained,  I was just fixated on case 1.  Obviously,  DCA is very flexible and it is good to know that one can apply both at once, the essence of which is to optimise the investment process.

I didn't know when I busted into laughter seeing that you have already allocated numbers to my additional BTC portfolio target.  Perhaps I have laid so much emphasis on my "little buys" that made you assume it should around that number  

Maybe I am too poor; so you can see why the quest for liberation from poverty lead me to this Bitcoin forum. I will do my best so that in the future I will be rich through Bitcoin.

Explanation
Chartbuddy thanks talkimg.com

Explanation
Chartbuddy thanks talkimg.com

Yeah, I did try to create a formula that would project the 200-week moving average out in such a way that it was gradually becoming less and less steep.. and sure it is difficult to know for sure whether the 200-week moving average will continue to move up even at the much more modest pace (as compared with my earlier perhaps overly bullish chart that is also linked in that post).

I am not really trying to be any soothsayer because I could give less than 1 ratt's ass if I am right on the specifics, and surely it would be nice to be directionally correct, but not even that is completely necessary.. yet at the same time, if many of us are attempting to figure out our current actions based on our views of what currently seems to be a possible base case scenario for the future, then we prepare for our own futures and/or potentially the futures of our heirs, to the extent that heirs matter to us and whether we believe that our contributions now might matter to such heirs.. .. and even if we are ONLY looking 25-27 years into the future, there are good odds that quite a few of us will still be alive and actually kind of considering how our own earlier preparations might have contributed to our being in the place that we end up being in 25-27 years - whether we feel that we need to maniacally rich or merely just in a kind of status in which we are comfortable and sufficiently comfortable with a kind of cushion that we are not necessarily living in poverty.. and sure with fuck you status, that is likely meant to be in a place in which we do not have to work - except upon our wishes and abilities rather than being forced into activities that we would prefer not to be doing.


You are quite likely NOTrite.. in udder wurds:  uNOTrite

Bitcoin's price performance hardly gives any shits about whether there are substantive or non-substantive posts in this thread and/or perhaps how other aspects of market sentiment contributes to current correction dynamics.. and will we actually correct further or not?  yeah... being at the bottom of a kind of price range that had converted into a "don't wake me up zone" is not a comfortable position to be in terms of considering theextent any of us might have to consider where we are at, and sure dropping further might cause some further drops.. but who knows, I don't really claim to completely know how these pricing matters work - even though the theories do seem somewhat solid in terms of why breaking through support ends up providing some fuel for further drops.. and figuring out the support level thereby does provide incentives for the bears (bitcoin naysayers or who ever it is that is trying to get the BTC price below our current $25k-ish support - so far as low as $25,601).


Wow.. lots of funzies going on at the sirazimuth's pad.. not that I am even suggesting that any kind of solution might be to fire up the ole chimney... .. yet surely there could be some ways to put a bit of extra cornz into it once the price goes up (if it goes up).. and having a lame project or renovating a previously poor design has not seemed to have deterred uie-pooie historically.  At least from the interpretations of this here cat.... .. and singing might help too, as a kind of "temporary poor" man's attempted temporary fix.. not that your first-world's problems are likely to be even close to as dire as our thread's poor could have been hero, aka exphorizon.... who likely doesn't even have anything beyond a kind of makeshift chiminey.. perhaps cardboard or whatever other non-burnables he might have salvaged from the rubbish bins

Explanation
Chartbuddy thanks talkimg.com

I doubt that I am even imagining that there seems to be a decently long tradition in these here parts of denigrating the size of the stashes of other forum members - in order to attempt to belittle their point(s), and it is not even anything personal.. .just a kind of rhetorical device, not that we even need to get into any of the stash size details, even though sometimes some members do want to put the numbers into a kind of context, and surely if we sometimes might be hypothesizing, we might want to attempt to keep our hypothesis in a kind of range that might seem reasonable for the type of person that we might be attempting to describe.

.so even sometimes the extent of the disposable income can make some differences in terms of how much cash builds up on the side.. and sometimes we might even speculate that guys are working with higher stash levels if they proclaim that they have buy orders down every $500 from $25,500 to $13k, so there might be some speculation that those buy orders have to be at least $20 each.. or maybe several hundred each, so it sometimes can be difficult to determine. .and sure you don't necessarily want to get drawn into over disclosure merely because someone (including yours truly) might be prodding you in a certain direction...

Another thing is that sometimes members will also get caught upon ideas about how poor they are relative to some other people in the world, and surely there are a lot of folks who have a lot of discretionary income that they could easily place between $100 to $1k per week into bitcoin, but they are failing/refusing to take those kinds of steps, and it remains my argument that even the person that might ONLY be putting $10 per week or so into bitcoin, may well end up closing a whole hell of a lot of the gap between his/her own situation when it comes to options that s/he has 10 years or more down the road as compared to the one who currently has a lot of discretionary income but continues to refuse to use some of that to get some bitcoin now.. and that same person might be scrambling to get started in bitcoin in 10 years or so, and the poor guy placing $10 per week into bitcoin already has a 10 year head start, and even if such earlier poor person does not surpass the wealth of the currently well-to-do person, a considerable gap may have ended up being closed. and there are likely also going to be some surpassing cases too.. just hate to suggest that these surpassing scenarios are guaranteed. but we can see how someone who had been putting $10 per week into bitcoin over the past 9 years (about 4 BTC with $4,700 invested) is likely way better off than a lot of his/her peers, and many currently dollar rich, no coiners, will have a lot of difficulties accumulating that quantity of bitcoin - and maybe will never be able to accumulate as many bitcoin as that persistent BTC accumulator.

Of course, the magnitude is likely to be smaller, which is part of the reason that I suggest that someone who might have been skeptical about bitcoin and wanting to be whimpy in his/her BTC investment  previously placed $10 per week into bitcoin, since about  mid-to-late 2020, I have been suggesting that those same kind of skeptical and/or whimpy beginner bitcoiners start out with $100 per week into bitcoin, and surely we know that some people around the world do not have that level of discretionary income, so they cannot go that high.. but still we are currently in a magnitudes levels higher even though surely bitcoin is likely to continue to perform well, it just may well not be with similar levels of exponentially as earlier (even though some decent expoentialities of 1000x or so do still seem to be quite possible.. just might take 100 or more years to play out, who knows?)

Is the pope Jewish?