Now that Grayscale has won in court against the SEC, if ETF approvals go ahead, there is every chance that bitcoin will no longer be trading at such low prices in the near future. I may be overestimating this decision, but in almost any case, we will soon find out what the ETF decisions will be and how it will affect the entire market. So far, the market has reacted to this decision with enthusiasm. I would expect this trend to continue.

Are you using the term died metaphorically? I mean BTC did not really dies (become zero) I think you are using it to explain that whenever big dumps came people thought of it as dead. If that's the case, then I am agreed with you. And I will try not to be a part of dumbest people who sold at loss.

Ok, I got the answer here. Well, all I can say is no one can actually time the market. As you said you will be in more profit if you would have bought BTC at the price of $500 instead of $1000 (average). And I am glad you were save from all the scams occurred with those mentioned exchanges. I think you are a man of not become a scam victim to exchanges instead only to yourself or your decisions.
I thought you will not share how much BTC you have because people will start to judge you but I think you do not care about them. Well, I hope you will get the target of 1 BTC soon.
[/quote]

I would love to hear the plan but I doubt if anyone here having 21 BTC would care to act on that plan but still by sharing plan you might get to know a lot more from other members and members like me could also learn from it. But the invetment is huge here (21 BTC). There must be huge number of people here who might have 21 BTC or dollars worth 21 BTC at the current price.

Talking about BTC price... BTC is going to touch $28k but what it matters for long term holders we are zombie here who do not go after such short meat instead we go after big piece of meat but until then we have to pretend as we are dead as zombies. hehehe.

Wait let me share the graph I am talking about (This reply) and to this reply I posted this

Your phrasing of this sounds weird because I had actually gotten my average price per BTC below $500, but the mistakes that I made along the way, had caused the average price per BTC to double... so it is like losing half of your stash, and if you had gotten 4.2 BTC for $2,100, so your average cost per BTC would have had been $500, but when you end up losing half of them, the total costs may well have stayed in the same ballpark, but the quantity of BTC ends up being 2.1 BTC rather than 4.2 BTC, and so therefore your average cost per BTC ends up being $1k per BTC rather than $500 per BTC due to mistakes that were made.


In the first few years after I got into bitcoin it seemed that quite a few guys wanted to try to get 100 BTC, but at some point a common BTC accumulation target became 21 BTC, and then it got down to 10 BTC, and then recently even 1 BTC was seeming unattainable by a lot of newbie normies, so many times many forum members were talking about setting BTC accumulation target levels that were manageable and symbolic, so that is where 0.21 BTC comes in, and my claims (admissions) of having more than 3x the amount that some newbie normies were trying to reach for their beginning BTC accumulation target levels.

It is already starting to make sense to start talking about these BTC accumulation level targets in terms of satoshis, whether the goal might start out to be 1million satoshis, and then maybe become 21 million satoshis and then maybe to shoot for higher levels after reaching those amounts and then considering bitcoin whales as those persons who have more than 1 billion satoshis.


Yes.  I have already created some variation of that kind of a table for myself.. and I am just considering how to post that information and to put in the hypothetical 21 BTC (and I am thinking about using January 2021 as the hypothetical start date.. even though  maybe it might be better to have it as more of a contemporary chart that can be built upon from a more recent point in history) and to discuss how to spend the BTC contained therein in a kind of sustainable manner based on movements actual BTC price relative to how the 200-week moving average changes.. .. and probably I would prefer to have a new thread.. .rather than putting that in my BTC investments ideas thread.    

Once I decide how to put it together and to post it, then maybe i could provide link here.. but it is going to be more able sustainable selling. which this thread is not talking about. .but it is likely that many of us participating in this thread are building up our BTC stash in order to be able to later be in a position that we can live off of our BTC in a somewhat passive way, even if the BTC accumulation level target points will likely be different for each of us and also it could take some members 10, 20, 30 or more years before they get there.. and maybe some members will want to get there way earlier than their quantity of BTC holdings would justify... but of course, individuals choose what to do and when to start, even if they might end up making mistakes with how they end up carrying out their plans.


Well, if you look at the BTC price chart from April to June 2019, you will likely see or realize that there were many bears who repeatedly got reckt when they kept shorting over and over and over, but the BTC price ended up going pretty much straight up around 3.5x from $4,200 to $13,880 and a lot of the then shorters got pretty damned reckt with their continued thoughts of identifying "shorting opportunities" that were presenting themselves but ended up not being as great of opportunities as they had appeared but instead a way to give away your bitcoin or whatever asset you were using to collateralize your then persistent shorting attempts.

Who gives any shits about what people may or may not be doing unless there is some kind of context for it.

For example:  In the context of the topic of this thread, what are you doing?  


Are you buying dips?  Are you DCA'ing?  Are you lump sum buying?  are you just waiting? or some combination of those?

Pray tell.

People are terrified right now, which is understandable. However, I will stand by my conviction that bitcoin will go up, and that these are the most favourable times to invest in it. DCA is a useful strategy for surviving in these circumstances without becoming upset.

Yes i am buying the dips!  And DCA is a useful strategy for surviving in these circumstances without being emotional

Those who have enough faith in the market and hold their coins for the long term end up doing well. All crypto markets, including Bitcoin, have been bearish for a while now. Bitcoin market was hovering between $25K to $26K a few days ago but suddenly we saw a big change in the market. Within a short span of time, the price of Bitcoin reached $27.5K. Even after the market has come down a little bit, those investors who did not sell their coins but they were waiting for a good time, they got something good from the market at the moment and those who got excited and sold their coins at that time, but they could not catch the bull market. We hope that those who have held their investments till now will hold their investments for a longer period of time as we expect some better times in the market ahead. So if you want to achieve something good, you must hold your investment for a long time.

This always happens, will happen, always. It's like a known pattern for Bitcoin. I have been watching it for many years. Bitcoin would fall to it's lowest. And after the fall it would slowly start to increase again, it may stumble upon the road but it will surely increase & it's happening rights now. Even if the market crashes or Bitcoin get a big loss, it always comes back. That's why I believe in Holding. & off course it would be for long term.

Let's see by the end of 2023 what Bitcoin has to offer us.

Sorry if it disturbs your discussion, lately I often hear how almost every time I meet my friends talk about investing in Bitcoin in the DCA way, I am curious and finally know the general description of DCA, which is to allocate a certain amount of money to invest regularly as you said. Does DCA here have to be supported by stable finances? for example, having a steady income from work which can later be used to invest more regularly.
I say that because my friend's discussion with his financial condition was clearly inappropriate. I mean, their income is unstable but investing the DCA way.
What do you think the ideal DCA looks like? I really need advice because I have been studying Bitcoin for a long time, my income is quite stable for now. It would be very profitable if this financial allocation was invested in Bitcoin. As long as I know the risks, I believe Bitcoin will be useful in the future and institutional adoption is also currently increasing. As someone who is interested in investment strategies, you definitely need the right method.

.


Life of a crypto man has always been of regrets. Starting from Bitcoin mining to Bitcoin trading. Human being are insatiable, but I see that the short time investors are the ones that always lament about not buying earlier.

Buying the dip is the best option. No matter how the dip might look. Sometimes people always want the dip to fall below $20k before buying, but anytime Is a right time because the future is still bright according to btc analysis