Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Ambatman]

Weak Hands are almost  all Gone

[OgNasty]

its 50f today I am going out for a walk on the beach. 🏖️

hoping to see 100k back

and honey badge must like the beach. 101k

It hit 80 degrees here yesterday. I haven’t put a shirt on since Friday. Might have to start shutting down some of my GPUs here in the coming weeks when the lows start jumping.

Worst part of this dip was that I only had $18 in my exchange account to buy it. Oh well. RIP to those who play with leverage.

[philipma1957]

its 50f today I am going out for a walk on the beach. 🏖️

hoping to see 100k back

and honey badge must like the beach. 101k

It hit 80 degrees here yesterday. I haven’t put a shirt on since Friday. Might have to start shutting down some of my GPUs here in the coming weeks when the lows start jumping.

Worst part of this dip was that I only had $18 in my exchange account to buy it. Oh well. RIP to those who play with leverage.

I have lots of powder if needed.

I essentially

have  dip buys 89k to  42k

stack mining 90k to 110k

up ladder 111k to 162k

all of the above is only some of my coin

[OutOfMemory]

its 50f today I am going out for a walk on the beach. 🏖️

hoping to see 100k back

and honey badge must like the beach. 101k

It hit 80 degrees here yesterday. I haven’t put a shirt on since Friday. Might have to start shutting down some of my GPUs here in the coming weeks when the lows start jumping.

Worst part of this dip was that I only had $18 in my exchange account to buy it. Oh well. RIP to those who play with leverage.

How do you cool?

I have lots of powder if needed.

I essentially

have  dip buys 89k to  42k

stack mining 90k to 110k

up ladder 111k to 162k

all of the above is only some of my coin

That actually reads like a nice setup. I have to admit a slight rise of envious feelings tickled me from behind.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

its 50f today I am going out for a walk on the beach. 🏖️

hoping to see 100k back

and honey badge must like the beach. 101k

It hit 80 degrees here yesterday. I haven’t put a shirt on since Friday. Might have to start shutting down some of my GPUs here in the coming weeks when the lows start jumping.

Worst part of this dip was that I only had $18 in my exchange account to buy it. Oh well. RIP to those who play with leverage.

How do you cool?

I have lots of powder if needed.

I essentially

have  dip buys 89k to  42k

stack mining 90k to 110k

up ladder 111k to 162k

all of the above is only some of my coin

That actually reads like a nice setup. I have to admit a slight rise of envious feelings tickled me from behind.

well the old mine was ended last Jan 2024.
 Took me a year to rebuild this all.

[Greyhats]

today's market shaking reminded me of these adverts

https://www.youtube.com/watch?v=q6V4Mo4f6pE

Did lots of vacuuming today  

[JayJuanGee]

Expecting a Fall doesn't mean it won't hurt when it does happen.

What about expecting a fall and then it does not happen?  What happens then?

Hopefully you did not sell expecting it to happen.

Hopefully you did not fail to buy the dip because you expected more dip.

Those are common mistakes, which makes it dangerous as fuck to act too strongly on your expectations, but instead to just have systems in place, such as buying at certain price points on the way down and then perhaps having some extra money to buy more if the price drops more but not having so much value at those lower price points that you regret not buying when the BTC price resumes back up, instead of down.

have seen better mornings
but imo

Bitcoin reminding us,
it isn't get rich fast asset.
Stay dedicated.

I feel like I am getting rich pretty quick... even if we might take $1k as my average entry price.

Think about my own portfolio journey.

early 2014 to late 2016  - Up and down between about 65% in the negative and into break even prices (never really in profits during this period)

early 2017 to late 2017 to early 2020 - between about break even and then up to 19.6x in profits and then back down to poor status of 4x in profits.

early 2020 to various parts of 2021 and then to 2022 and then to late 2023 - from about 4x in profits and then up to 69x in profits, back down to 15.5x profits and then lingering in 25x to 32x profits

early 2024 to early 2025 - starting out around 32x to 40x profits going to 74x profits, lingering between50x and 70x profits, bounced up to linger between 90x and 110x profits.

It is almost like a get rich quick asset - even if it took a whole 10 years to get to 100x-ish profits.. but who can ever do 100x.. which is actually the combination of two 10 baggers.  Traditional investors love so much to attempt to identify 10 baggers and to be able to stay in the investment to realize 10 bagger status, and with bitcoin we have two 10 baggers in one within about a 10 year time horizon....and surely for some folks they could have had gotten into bitcoin without having to suffer my first 3 years.  and gotten two 10 baggers (ie a 100 bagger) within right around 8 years.

[Ambatman]

Expecting a Fall doesn't mean it won't hurt when it does happen.

What about expecting a fall and then it does not happen?  What happens then?

Hopefully you did not sell expecting it to happen.

Hopefully you did not fail to buy the dip because you expected more dip.

I didn't sell at 108K, why should I sell any lower?
Like I usually say, ain't a Fan of trading.

[promise444c5]

What a figure to start with this week after a bloody LASTweek.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitcoinBunny]

Lol Mexico and Canada.
 

[Biodom]

Expecting a Fall doesn't mean it won't hurt when it does happen.

What about expecting a fall and then it does not happen?  What happens then?

Hopefully you did not sell expecting it to happen.

Hopefully you did not fail to buy the dip because you expected more dip.

Those are common mistakes, which makes it dangerous as fuck to act too strongly on your expectations, but instead to just have systems in place, such as buying at certain price points on the way down and then perhaps having some extra money to buy more if the price drops more but not having so much value at those lower price points that you regret not buying when the BTC price resumes back up, instead of down.

have seen better mornings
but imo

Bitcoin reminding us,
it isn't get rich fast asset.
Stay dedicated.

I feel like I am getting rich pretty quick... even if we might take $1k as my average entry price.

Think about my own portfolio journey.

early 2014 to late 2016  - Up and down between about 65% in the negative and into break even prices (never really in profits during this period)

early 2017 to late 2017 to early 2020 - between about break even and then up to 19.6x in profits and then back down to poor status of 4x in profits.

early 2020 to various parts of 2021 and then to 2022 and then to late 2023 - from about 4x in profits and then up to 69x in profits, back down to 15.5x profits and then lingering in 25x to 32x profits

early 2024 to early 2025 - starting out around 32x to 40x profits going to 74x profits, lingering between50x and 70x profits, bounced up to linger between 90x and 110x profits.

It is almost like a get rich quick asset - even if it took a whole 10 years to get to 100x-ish profits.. but who can ever do 100x.. which is actually the combination of two 10 baggers.  Traditional investors love so much to attempt to identify 10 baggers and to be able to stay in the investment to realize 10 bagger status, and with bitcoin we have two 10 baggers in one within about a 10 year time horizon....and surely for some folks they could have had gotten into bitcoin without having to suffer my first 3 years.  and gotten two 10 baggers (ie a 100 bagger) within right around 8 years.

100X in 8 years is 78% compounded...beats S&P 500 by, say, 4.45X (78% compounded vs 17.5% compounded, which is incredible amount for SP500).
That said...%% are less important than the "bulk".
Just look at Saylor: he is "only" 50% on his bitcoin, but his wealth and and his company wealth increased at least 20X, maybe more.
My point is, you have to start with a substantial purchase (could be over a few months, but NOT too many years).

DCAing 2014-2024 has got to make much less that buying it all in 2014 (or 2015 or 2016), but I know that we disagree on that  .

EDIT Btw, Charlie Munger said "that it is difficult to have a first 100K in any investment, but you've got to do it...it much easier afterwards." He said it in 80-es or 90ies...i would think that the critical "value" now is, perhaps, around $ 300-500K.

[OgNasty]

its 50f today I am going out for a walk on the beach. 🏖️

hoping to see 100k back

and honey badge must like the beach. 101k

It hit 80 degrees here yesterday. I haven’t put a shirt on since Friday. Might have to start shutting down some of my GPUs here in the coming weeks when the lows start jumping.

Worst part of this dip was that I only had $18 in my exchange account to buy it. Oh well. RIP to those who play with leverage.

How do you cool?

This time of year I don’t cool. It’s still getting cold enough at night and staying low enough during the day that it isn’t necessary. The upstairs in my house might get a little warm, but I don’t worry about it. When I have to turn on the air conditioner I will shut down the miners. I use them for heat more than profits.

I have lots of powder if needed.

Not me. Nearly every dollar I have is invested in something or other. Outside of my Cybertruck I’m sure I probably live one of the most frugal lifestyles of anyone here. I always thought living poor was cool. Plus, I continue to stack a couple hundred dollars worth of sats a week because I think we all should support the Bitcoin price and Bitcoin in some way (mining, stacking, accepting for goods/services, etc.). Nobody likes a freeloader, am I right?

[JayJuanGee]

I'm prepared for downity this time.
Hope u're all too.

My laddering sells started at $100k, so if we go lower ($90k was "max pain" price of expired options), i will buy in again, otherwise my old van will be replaced this year.

Wow.. you seem committed to being a low coiner and/or selling too much too soon.

These are smallish (not too much) and incremental (not to soon) sells. Most of my stash is kept untouched. This is the first round of taking profits from my oldest holdings, these are tax-free, with a little exception (see below).

I stand by my various meanie pants comments.

Also you are selling to buy back  cheaper, which is  a "no, no"    

Possibly buying back cheaper, or delivering to the "spending" pot. In hindsight, it was a "buying back cheaper" event, partly. The gains from these buys are taxable when i sell these back-bought coins for fiat, however. So the "gains" aren't that much, also not that bad.

Selling on the way up is still the better practice, and I would think selling on the way down is a sign that "mistakes were made."

But hey you can do whatever you like, even dumb things... .except you are bragging about it on the WO, which deserves some kind of a bat slappening.. maybe   a baby bat, just for fun?   .. .but yeah, we might not have to worry about batslappening you since the market might help to teach you a little lesson.. perhaps? perhaps?

Another thing is that you should not be selling any BTC unless you mostly already have enough or more than enough, but any sales that you do should be on the way up, not on the way down.. so you need to go back to bitcoin  HODLer 101 school.

We are on the way up, aren't we? So i don't completely understand your point here.

You can call it "on the way up" all you like.

I remember hitting $90k around mid-November, so sure there could have had been various sales "on the way up" between $90k and $109k while we were actually on the way up, rather than yesterday when we were correcting, and also we were correcting starting from about January 31 when BTC prices hit just above $106k, and then we  were slowly going down for the next few days, including yesterday when we went from right ayeround $100k and down to $91.5k.. I would call yesterday a down day, which was the day of your post, which had already been preceded by two earlier down days.

As i wasn't supposed to be bragging, just telling that i begin to take a small part "off the table", which was planned for 2025 anyway.
I think i have mentioned that last year here?
Baby-Batslap accepted  

I could have been that you did not realize that the BTC price had been going down for two days prior to your announcement, and sure maybe you think that it does not matter, and sure in the end, you are free to do whatever you like, but part of the problem is announcing it in this thread without shame.. .. surely I have made mistakes..too...  We all likely make mistakes.. but still stand by my comments about your way of announcing it...including being glad that you accepted your baby batslap at the same time, even though yeah, maybe it is a bit much for me to go on and on and on about the situation..

All in all, less than 50% of my payout goes into expenses, the reamins, which are less than 60% of the part i decided to sell, will be used in the next bear market to restore my Bitcoin balance.

The mere fact that you are anticipating some future payment so that you can buy more bitcoin should not excuse you from being dumb in regards to selling BTC, expecting  to buy back cheaper, but  really just selling BTC because you think that Larry Fink and Michael Saylor don't happen to have enough cornz.

And another thing... I thought that you were still awaiting a hearing (or a decision or something) in regards to your potential upcoming payout, so in other words, the money is not in the bank, and you don't have any guarantee of any payout until the fat lady sings, am_I_not_rite?

I have guarantee by "legal certainty", which relies on three (!) preceding trials in the same case here. It's the fourth time, just because someone isn't doing his/her job well at the insurance company. Rumors say they always try to kick people out, because sometimes they are not educated well enough to bring this to the court and some are even to weak, sick or tired of doing so. The problem here is that the insurance doesn't know about the laws as good as myself. It's purely their fault that i have to go through this, but i have got a lot of stamina.

The money is still not in your bank account.  Sure you can treat it as an expected future payment, but still there may well be ONLY so much that you can do if the money has not yet hit your bank account or your grubby lil mitts.

Second, the final hearing should have taken place half a year ago, but the attorney of the insurance thought he is too clever and started to doubt the wording of the medical expert (the one the judge addressed to examine my condition), so the expert had to write a follow-up, which had to be revised by the court again, to just emphasize the result of the original examination.
Apes at work. As the insurance company, i would fire the idiot attourney (they have many). Can't wait to explain the law to him (again) in the court room.

Those additional facts are not adding to the certainty factor in regards to either when you will get your payment and/or how much the payment will be.

Buying back cheaper saved some Sats from Saylor, instead. This time i was confident because of the options those CME option expiry figures gave me. I only rarely pull off such trades, because i want more of that Bitcoin as a result, not less. The lower back-buys didn't trigger, so they go tax-free into the car later this year. Also not bad for me.

So far you have ONLY sold and so far you have not bought.. so from my point of view you were selling to Saylor, Fink and perhaps a few of the WO thread regulars.  I had buy orders fill at $100.1k, $98k, $96.5k, $95k and $92k.. I could have bought your sold coins, perhaps (or at least indirectly)?

Of course, this makes me less of a hardcore perma-HODLer, but not completely (by far, considering the relatively tiny amounts these trades are about).

You have done it before in regards to house renovations and even some other stuff that you had mentioned previously, and I am not sure how those kinds of sales had worked out for you.  I have had sales of BTC too, but might have tended to  be mostly systematic that I have been doing since late 2015 when BTC prices were $250.

But yeah, as i already said, Baby-Batslap likely deserved. Ouch, but no bruises  

Probably the baby batslaps don't hurt too much, beyond maybe feelings, but your further explanation really did not seem to help your case.. and perhaps pleading the 5th might have had been better.  #justsaying.

Trump pardoning Ross wasn’t a bad thing and you making it seem that way is disingenuous.

I wasn't treating the Ulbricht pardon as a bad thing. I was making the exact opposite point.

I don't think his pardon was as much an act of altruism on Trump's part as it was an act of expediency, trying to buy votes  in the libertarian/Bitcoin sectors. If SBF and his family had donated to the Republicans instead of the Democrats, he probably would have been pardoned in the first group just like those other scumbags, the Proud Boys.

Damn, you think the J6 people belong in prison for their escorted walk through the Capital too? That is peak TDS.
Trump didn’t need any votes when he pardoned Ross.

If SBF and his family hadn’t bribed Democrats with donations, FTX wouldn’t have been empowered to run their fraud in the first place...

SBF gave to Democrats while what's his name co-creator of FTX gave large amounts to Republicans.

The J6 people who ended up in prison got their day in court and had the law applied to them like other criminals. If you have a problem with that you should want all US prisons emptied.

I am pretty sure almost all of the J6 convicts got set loose (pardoned by Trump), whether they were convicted of violent crimes or not.   

I am pretty sure that the FTX related bribes (and influence peddling donations) were more inclined towards democrats, but yeah they had some donations to republicans too. 

Likely a lot of injustices in several of the cases.

Making a good definition of long term investments.
No coiner having peace of mind in the meantime

The dump gave me more coins in a cheaper rate
Didn't expect to buy in such amount again for the year
but here we are...

Not happy either first experience of the cycle!

A cycle is four years, so how can you proclaim that whatever you are experiencing within this particular cycle is very significant (presumptive you are referring to the dip down to $91.5k-ish) since according to your forum registration date, you might have ONLY have had less than a year and a half in bitcoin - that is if you got started in bitcoin around the time of your forum registration.

[Powerjumboo]

New Record Bitcoin Network Computer Hashrate:
800,000,000,000,000,000,000x per second


https://x.com/DocumentingBTC/status/1886390189469077725?t=0Ga1e7TdcvuPf9QCXMJX6A&s=19

[cAPSLOCK]

Is Bitcoin still a correlated asset with the Tech market?  Or even the stock market in general?

Maybe not.



As long as I am waxing bullish (and prob going to crash the price lol) I would point out that there might just be some insiders that know what is going to happen tomorrow... (though I might refer back to this asterisk later tomorrow if a theory I am toying with actually pans out...  * )

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

I think the musky trumpeter will retaliate against Mexico and Canada Today.

maybe he raises tariffs to 30% instead of 25%

The musky trumpeter has only just begun.

For some reason you seem to get a lot of enjoyment out of ongoingly over-ascribing his power.

Explanation
Chartbuddy thanks talkimg.com

full boat
 9's over 2's

I am pretty sure that is called 2s over 9s.

both liquors have erased my memory its one reason i dont drink now

aaaand i got a ~93k laddered buy in. next downitty buy is ~88k

Even people who do not drink can have there memory erased due to different reasons. Choice is yours  

bitcoin wont go below 90k. 90k will be bottom for every dip.

That is what she said.

I am not saying that you are wrong, but bottoms are never 100% certain.

Anyone around in 2018 likely recalls that the $6k bottom was tested around 6 times before it finally broke, and then when it broke we had nearly an immediate dip down to right around $3,124, which ended up being the bottom for that cycle.. but surely we can have difficult times knowing when the bottom is in, whether referring to an actual cycle or merely referring to a local bottom or the seeming bottom of a range.  I  am not saying that you are wrong, except maybe the extent of your presumptuousness is a wee bit much (have you been following the style of philipma1957 too much in recent times?... hahahahahahaha)...

both liquors have erased my memory its one reason i dont drink now

aaaand i got a ~93k laddered buy in. next downitty buy is ~88k

Even people who do not drink can have there memory erased due to different reasons. Choice is yours  

bitcoin wont go below 90k. 90k will be bottom for every dip.

I'm pretty sure we're going to revisit below 90k next year or in 2026.

That is a very good question.  I have been pondering that question too, in the context of whether sub $100k will ever be touched again, once we get sufficient distance above it.. .. and surely you might be correct, and I think that I said that I was not going to start to rest assured that there might be greater than 50/50 odds of sub $100k unless we get above $333k (which would then require a 70% or greater dip to get back down to $100k).  Another question is how long it takes to get up to $333k, if we were to get up there, and so then that could affect how likely it would be to come back down.  

You could be correct, since we cannot even take for granted that BTC prices will get above $200k...yet at the same time, if the BTC price does not go up as high, and as fast, then there may well be less likely to have as violent of corrections, and  I am surely not even coming close to proclaiming that violence is not going to continue to happen in BTC's future prices.

Just hit $100,000 again.

I fucking love you, BITCOIN

That is a bit much.  

Expecting a Fall doesn't mean it won't hurt when it does happen.

You just have to know how to fall.

We used to practice various kinds of rolls and falls in Hapkido.  I do use that from time to time, but not as often these days... but I recall when I use to play ultimate frisbee, sometimes a guy would get off balance in one direction or another and those falls or rolls would come in handy whether doing them forwards or the backwards version.

A chequered admissible $10,000 rebound back above $100,000

You kind of blow with the wind a wee widdo bit, no?

Remember your yesterday's post?

Bullrun will not resume anytime soon all because of a Chinese chatbot and Trump initiated a tariff trade war.

Bearish sentiment kicked in, price could drop much lower.

How's that working out for you?  

Expecting a Fall doesn't mean it won't hurt when it does happen.

What about expecting a fall and then it does not happen?  What happens then?

Hopefully you did not sell expecting it to happen.

Hopefully you did not fail to buy the dip because you expected more dip.

Those are common mistakes, which makes it dangerous as fuck to act too strongly on your expectations, but instead to just have systems in place, such as buying at certain price points on the way down and then perhaps having some extra money to buy more if the price drops more but not having so much value at those lower price points that you regret not buying when the BTC price resumes back up, instead of down.

I didn't sell at 108K, why should I sell any lower?
Like I usually say, ain't a Fan of trading.

Even though I used the word "you" in my post, the substance of my response was not directed a "you" in any kind of a personal way... so in that sense I stand behind what I said in that post.

[edited out]

100X in 8 years is 78% compounded...beats S&P 500 by, say, 4.45X (78% compounded vs 17.5% compounded, which is incredible amount for SP500).
That said...%% are less important than the "bulk".
Just look at Saylor: he is "only" 50% on his bitcoin, but his wealth and and his company wealth increased at least 20X, maybe more.
My point is, you have to start with a substantial purchase (could be over a few months, but NOT too many years).

DCAing 2014-2024 has got to make much less that buying it all in 2014 (or 2015 or 2016), but I know that we disagree on that  .

EDIT Btw, Charlie Munger said "that it is difficult to have a first 100K in any investment, but you've got to do it...it much easier afterwards." He said it in 80-es or 90ies...i would think that the critical "value" now is, perhaps, around $ 300-500K.

We disagree about the practicality of the matter rather than the idea.  I have no problem with lump sum investing and frontloading I advocate for it all the time.  DCA is a form of frontloading, especially if you DCA in an aggressive way, you might invest as much as you can as your money is coming in.  

An overwhelming majority of normies do not have abilities to frontload their investment into BTC, even if they might have other investments, they might not want to reallocate out of their other investments into bitcoin.

Another thing with some of the lump sum approaches that you had previously described, they were whimpy... and surely I prefer ongoing investing to reinforce the investment over one whimpy starting investment.

Remember your earlier example of $6k-ish invested in 2015 and getting 20 BTC.. That is all fine and dandy, but it seems to be a bit whimpy if a guy can come up with $6k in 2015 and then fail/refuse to buy more BTC at regular points thereafter, and so perhaps the guy who is able to invest $6k BTC in 2015, he would also be able to buy $120 per week worth of bitcoin, and so if in the last 9 years the guy would have been buying $120 per week, he would have invested $56.4k and he would have gotten an additional 16.87 BTC, and so which guy would you prefer to be?  

The guy who bought 20 BTC and sat on it or the guy who bought 20 BTC and  supplemented it with another 16.87 BTC (so having a total of 36.87 BTC)?  Sure the first guy ONLY invested $6k, and the second guy ended up investing $62.4k BTC, yet the second guy is in a way better position than the first guy.

Is Bitcoin still a correlated asset with the Tech market?  Or even the stock market in general?

Maybe not.

As long as I am waxing bullish (and prob going to crash the price lol) I would point out that there might just be some insiders that know what is going to happen tomorrow... (though I might refer back to this asterisk later tomorrow if a theory I am toying with actually pans out...  * )

Oh my...   

You believe the nonsense correlation theory(ies)?    Are you new here?

Snap out of it.  Did you learn that on NOSTR?

If you might not have known, Bitcoin was never correlated to either stocks nor to the tech market wannabe wishful-thinking stocks, even if you might witness short periods in which bitcoin appears to be correlated in its price performance to those items that are both different in kind and surely none of them are paradigm changing.  Have you ever heard of a paradigm changing technology?  If not please look into dee cornz, aka king daddy, aka honey badger, aka lil fiend, aka my lil precious, and other from time to time endearment aliases.

It seems to me that you need to zoom out a wee bit moar better to see that bitcoin has out performed all of the various stocks or tech stocks even if you want to select some of your favs that you want to make up to be correlated, and so what if the curves of some of the stocks happen to seem like they are "in harmony" from time to time with dee cornz?  so what right?  Bitcoin has made numerous steps ups at various points in time that should likely help you recognize and appreciate the matter, no?.. can you look at some historical charts and compare them?

Please don't tell me that you are going to tell me that the various step ups that you see within the comparison historical charts do not count.. so you just want to look at the other times that the curves of bitcoin seems to line up with your favorite tech stock(s)?

Oh gawd..    get real!!!!!  I hate to be the one to break it to uie pooie.  I thought that you were one of "us" (royal perhaps?)..

      

[philipma1957]

I'm prepared for downity this time.
Hope u're all too.

My laddering sells started at $100k, so if we go lower ($90k was "max pain" price of expired options), i will buy in again, otherwise my old van will be replaced this year.

Wow.. you seem committed to being a low coiner and/or selling too much too soon.

These are smallish (not too much) and incremental (not to soon) sells. Most of my stash is kept untouched. This is the first round of taking profits from my oldest holdings, these are tax-free, with a little exception (see below).

I stand by my various meanie pants comments.

Also you are selling to buy back  cheaper, which is  a "no, no"    

Possibly buying back cheaper, or delivering to the "spending" pot. In hindsight, it was a "buying back cheaper" event, partly. The gains from these buys are taxable when i sell these back-bought coins for fiat, however. So the "gains" aren't that much, also not that bad.

Selling on the way up is still the better practice, and I would think selling on the way down is a sign that "mistakes were made."

But hey you can do whatever you like, even dumb things... .except you are bragging about it on the WO, which deserves some kind of a bat slappening.. maybe   a baby bat, just for fun?   .. .but yeah, we might not have to worry about batslappening you since the market might help to teach you a little lesson.. perhaps? perhaps?

Another thing is that you should not be selling any BTC unless you mostly already have enough or more than enough, but any sales that you do should be on the way up, not on the way down.. so you need to go back to bitcoin  HODLer 101 school.

We are on the way up, aren't we? So i don't completely understand your point here.

You can call it "on the way up" all you like.

I remember hitting $90k around mid-November, so sure there could have had been various sales "on the way up" between $90k and $109k while we were actually on the way up, rather than yesterday when we were correcting, and also we were correcting starting from about January 31 when BTC prices hit just above $106k, and then we  were slowly going down for the next few days, including yesterday when we went from right ayeround $100k and down to $91.5k.. I would call yesterday a down day, which was the day of your post, which had already been preceded by two earlier down days.

As i wasn't supposed to be bragging, just telling that i begin to take a small part "off the table", which was planned for 2025 anyway.
I think i have mentioned that last year here?
Baby-Batslap accepted  

I could have been that you did not realize that the BTC price had been going down for two days prior to your announcement, and sure maybe you think that it does not matter, and sure in the end, you are free to do whatever you like, but part of the problem is announcing it in this thread without shame.. .. surely I have made mistakes..too...  We all likely make mistakes.. but still stand by my comments about your way of announcing it...including being glad that you accepted your baby batslap at the same time, even though yeah, maybe it is a bit much for me to go on and on and on about the situation..

All in all, less than 50% of my payout goes into expenses, the reamins, which are less than 60% of the part i decided to sell, will be used in the next bear market to restore my Bitcoin balance.

The mere fact that you are anticipating some future payment so that you can buy more bitcoin should not excuse you from being dumb in regards to selling BTC, expecting  to buy back cheaper, but  really just selling BTC because you think that Larry Fink and Michael Saylor don't happen to have enough cornz.

And another thing... I thought that you were still awaiting a hearing (or a decision or something) in regards to your potential upcoming payout, so in other words, the money is not in the bank, and you don't have any guarantee of any payout until the fat lady sings, am_I_not_rite?

I have guarantee by "legal certainty", which relies on three (!) preceding trials in the same case here. It's the fourth time, just because someone isn't doing his/her job well at the insurance company. Rumors say they always try to kick people out, because sometimes they are not educated well enough to bring this to the court and some are even to weak, sick or tired of doing so. The problem here is that the insurance doesn't know about the laws as good as myself. It's purely their fault that i have to go through this, but i have got a lot of stamina.

The money is still not in your bank account.  Sure you can treat it as an expected future payment, but still there may well be ONLY so much that you can do if the money has not yet hit your bank account or your grubby lil mitts.

Second, the final hearing should have taken place half a year ago, but the attorney of the insurance thought he is too clever and started to doubt the wording of the medical expert (the one the judge addressed to examine my condition), so the expert had to write a follow-up, which had to be revised by the court again, to just emphasize the result of the original examination.
Apes at work. As the insurance company, i would fire the idiot attourney (they have many). Can't wait to explain the law to him (again) in the court room.

Those additional facts are not adding to the certainty factor in regards to either when you will get your payment and/or how much the payment will be.

Buying back cheaper saved some Sats from Saylor, instead. This time i was confident because of the options those CME option expiry figures gave me. I only rarely pull off such trades, because i want more of that Bitcoin as a result, not less. The lower back-buys didn't trigger, so they go tax-free into the car later this year. Also not bad for me.

So far you have ONLY sold and so far you have not bought.. so from my point of view you were selling to Saylor, Fink and perhaps a few of the WO thread regulars.  I had buy orders fill at $100.1k, $98k, $96.5k, $95k and $92k.. I could have bought your sold coins, perhaps (or at least indirectly)?

Of course, this makes me less of a hardcore perma-HODLer, but not completely (by far, considering the relatively tiny amounts these trades are about).

You have done it before in regards to house renovations and even some other stuff that you had mentioned previously, and I am not sure how those kinds of sales had worked out for you.  I have had sales of BTC too, but might have tended to  be mostly systematic that I have been doing since late 2015 when BTC prices were $250.

But yeah, as i already said, Baby-Batslap likely deserved. Ouch, but no bruises  

Probably the baby batslaps don't hurt too much, beyond maybe feelings, but your further explanation really did not seem to help your case.. and perhaps pleading the 5th might have had been better.  #justsaying.

Trump pardoning Ross wasn’t a bad thing and you making it seem that way is disingenuous.

I wasn't treating the Ulbricht pardon as a bad thing. I was making the exact opposite point.

I don't think his pardon was as much an act of altruism on Trump's part as it was an act of expediency, trying to buy votes  in the libertarian/Bitcoin sectors. If SBF and his family had donated to the Republicans instead of the Democrats, he probably would have been pardoned in the first group just like those other scumbags, the Proud Boys.

Damn, you think the J6 people belong in prison for their escorted walk through the Capital too? That is peak TDS.
Trump didn’t need any votes when he pardoned Ross.

If SBF and his family hadn’t bribed Democrats with donations, FTX wouldn’t have been empowered to run their fraud in the first place...

SBF gave to Democrats while what's his name co-creator of FTX gave large amounts to Republicans.

The J6 people who ended up in prison got their day in court and had the law applied to them like other criminals. If you have a problem with that you should want all US prisons emptied.

I am pretty sure almost all of the J6 convicts got set loose (pardoned by Trump), whether they were convicted of violent crimes or not.   

I am pretty sure that the FTX related bribes (and influence peddling donations) were more inclined towards democrats, but yeah they had some donations to republicans too. 

Likely a lot of injustices in several of the cases.

Making a good definition of long term investments.
No coiner having peace of mind in the meantime

The dump gave me more coins in a cheaper rate
Didn't expect to buy in such amount again for the year
but here we are...

Not happy either first experience of the cycle!

A cycle is four years, so how can you proclaim that whatever you are experiencing within this particular cycle is very significant (presumptive you are referring to the dip down to $91.5k-ish) since according to your forum registration date, you might have ONLY have had less than a year and a half in bitcoin - that is if you got started in bitcoin around the time of your forum registration.

jjg these brief reports need to be flesh out better.
so much detail missing
you should be able to do 10,000 more characters at least.