....Just today I was comparing the annual chart of the BTC MarketCap with the weekly chart of BTC prices, and I saw that until March 2025, the market cap was on average 2.09T and the price was at a top of 68K, now, that this week there was a drop in the BTC market cap to 2.19T and the price at a top of 110K, that is, the price practically has doubled and practically the capital is almost the same....
You might need to zoom out a bit more instead of getting caught up in short term distractions.
Sure gold has been doing relatively well in the past 9 months or so.. ..
...Taking trade declines is more difficult than knowing if we are at the top or at support, and looking at these things helps me a little in the declines to be taken, it doesn't mean that the declines will be right or wrong, but the decision is the hardest._____________________________---
I doubt that the decision is so difficult, but hey you decide what you like, and gold is not really a topic of this thread either...
___----------x-------
We don't need to agree, yet maybe you are wanting that we elaborate on talking about the difference between bitcoin investing and trading?
I doubt it is good to be trading bitcoin rather than investing into it, but people can do what they like.. and have fun staying poor if they are a trader. Investors have quite outperformed traders, especially if we are talking over a couple of cycles, and it is probably going to continue to be true that investors outperform traders, but yeah, some folks cannot resist but to trade when they could have done quite well for themselves if they had mostly restrained from trading and emphasized on investing into bitcoin.
Of course, we don't need to agree, but at this point, to be able to see and have where I see people talk about BTC, I agree.. I never bought gold, neither physical nor virtual,, yesterday I remembered a thread here on the forum and went there to look, 'Gold storage', and saw that it was over... And I found it interesting the moment it came to an end, giving a great opportunity to people who had something there and if they bought BTC, they made a good deal. I know this is not the place to talk about gold, but it was just a detail that I noticed and decided to post here... Sorry if I went off topic in comparing this... But if I have to, I can go back there and delete it.
You don't need to go back and delete your earlier post, even though gold is a bit off topic here, yet if you are not incessantly talking about gold and at least attempting to relate the topic to bitcoin, then guys are not going to get annoyed by having some discussion of gold in this thread, especially if you are mostly putting it into a context of bitcoin..
But, yeah it is difficult to know at what point guys might get annoyed with talk about gold since it surely is not at the same level as being a shitcoin, yet at the same time, it can start to go down the road of extensive distractedness when guys get excited about gold or even any other comparable asset and/or commodity and then seem to be using such other asset to gratuitously bash on bitcoin, which surely you do not seem to be doing that.. . and yeah, there are frequently guys creating or posting in various gold threads.
I know of
a thread that is active in the Italian local, and I don't participate in that thread (except maybe one or two posts), but it is easy enough to translate posts within the thread and see what is being said in that thread if you want some potentially interesting and seemingly decently high-quality discussion regarding gold compared to bitcoin.
As I said earlier, I have a capital destined for me to trade BTC, and another part in BTC is intended to be saved., this part I have to trade, the profits are to buy BTC and keep. and I try to keep this capital, of which I lost 30% and of that 30% I have already recovered 80% of it.... And if everything goes well, soon I'll be buying back BTC to be saved, and I'm not a rich man. And I know that if this capital had been in BTC since the beginning of the year, I wouldn't be having this trouble of trying to recover, I would have doubled this capital, and I would continue with the base amount and another 50% would be in BTC now and I wouldn't have this work of wasting time trying to recover., I can tell you that I don't see Bitcoin as an investment, but a necessity.
Sorry to hear about your trading situation, yet it seems that the problem of traders losing seems to be quite high, and at least you have the benefit of having had limited the amount of capital that you put into trading.
Sure you might get lucky to get back the portion that you lost, but I would not necessarily count on it. Over the years, we have a great number of bitter folks who sold too much bitcoin too soon with an expectation of buying back and then just becoming more and more bitter when the BTC price does not cooperate with them, and I doubt that such dynamic is going to go away, which is part of the reason that I suggest that guys do not trade at all, yet if they cannot resist and they believe that they can be smarter than the market, then if they at least limit the trading portion of their bitcoin investment to no more than 10% of the size of their bitcoin holdings (without cheating by continuing to add from the bitcoin holdings), then at least they can practice trading and still mostly hold and/or accumulate BTC with the overwhelming majority of any new money coming in would have to be at least 90% bitcoin and no more than 10% in trading and/or shitcoins.
But I can say that this part that I don't touch, I moved about 20% and moved to another crypto, I can say, but I won't say, and I'm in about 20% profit if I go back to BTC now, and even if it goes back to the same amount I paid for it I'll still be in profit because during that time, She has already been and returned to BTC about 4 times, and they are already running out of time, because my goal has already been achieved.
Of course with your screwing around with any shitcoin you are taking chances on getting in and getting out of it with a profit and not a loss and also not getting rugged on it. Maybe it will work and maybe not? I think that the odds are against you, even if you speculated that you are good at picking shitcoins, but if you could at least limit yourself to no more than 10% into shitcoins and/or trading then you might be able to limit your damages, even if you might feel that you can learn by shitcoining, to the extent that curiosity might drive you to involve yourself in shitcoins and/or trading instead of greed.
In the same way that it is difficult to make a decision to trade, I also think that making a decision to answer you is not so easy, you are difficult man... hehehe. (edit.> *I don't feel offended in any way)
Sure. It can be a bit of work to defend your position, and of course, you are making such choice whether you think it might be helpful to you to respond and/or to state, describe, outline and/or argue your position.
I had been watching here for a long time, and when I decided to write something here, I already imagined that you could question me. And suddenly I took a risk. Not to create disagreement or a means to talk and exchange ideas about BTC, and yes, I hoped that it would not even have my post read. But that's not what happened... =]
One way to learn is to present your ideas and consider the various arguments and counter arguments, and surely one of the greatest arguments is that you can do whatever you want with your own money whether anyone else agrees or not. Another thingy is that if you want to be able to present your ideas, facts and/or arguments and/or conclusions and not get emotional about the matter, then it is good to practice being able to consider your position, and surely one of the better ways of learning is to put your ideas into practice, and surely if you make some mistakes, you would hopefully learn from those mistakes and attempt to get better, and sometimes you can also learn from the experience of other folks in order that you might not have to make all of the mistakes yourself.
Some mistakes are more grave than other mistakes, and sometimes if you develop bad habits when you are younger, you might never get out of poverty, even though you have such asset like bitcoin that is so great and so powerful, yet you are spending time fucking around trying to trade it and also playing with shitcoins (like throwing money at the lottery or the roulette wheel hoping that you can beat odds that are against you).
Of course, you can do what you like.. in terms of building versus taking unnecessary risks and likely spinning your wheels.
You may know all kinds of folks in your life in which the person had all kinds of chances and opportunities, but they end up running their lives into the ground, and surely if you don't develop good habits when you are young, it could take you longer for you to get to something like fuck you status and surely many folks do not even make it to fuck you status, even though surely bitcoin is a kind of an investment that even gives the poorest of folks great opportunities to beat the odds and to get ahead, where they might not have had otherwise had such opportunities with various traditional investments (including gold and stocks), and they surely are going to be gambling rather than investing it they are overly allocating to shitcoins, when what is the purpose?
You are likely involving yourself in shitcoins because you want to accumulate more bitcoin, but you likely are not going to have luck to accumulate more bitcoin when you are using risky rather than sure strategies/approaches.
But yeah, of course, if you think that you are going to do better by trading bitcoin and/or fucking around with shitcoins rather than focusing directly on bitcoin, then you are free to work yourself through such an approach and see how it goes for you..
One of the problem that gamblers/traders (shitcoiners) have is that even if they put limits on their gambling, they tend to not be able to stay within their limits, so the devolve into more and more and more gambling, so even if they are ahead, they cannot figure out when to get out... and I am not claiming it is easy, except to lmit your exposure to those rolling of the dice situations where sooner or later you will end up losing everything that you gained, so even if you win 9 out of 10 times and you are feeling on top of the world, it may only take one or two mistakes and then you end up losing all of your gains and perhaps even more than your gains, and if you did not put limits on the part you are putting at risk then your risky behaviors end up eating into your bitcoin and you end up having fun staying poor like the overwhelming majority of the world's normies.
Sure, it is possible that you will be an exception, yet it is not too likely that you will be an exception if you are unwilling and/or unable to put fairly strict limits on your own exposure to trading and/or shitcoins.
I personally think this place here is very cool, it just needs to have a pool table, because a counter with an attendant selling beer and people sitting at the counter talking about BTC and a screen in the corner of the bar being updated the price of BTC every hour already has!! hehehe....,
...but I promise that I will now just come and have a beer and I will not say anything else.... because the people at this 'bar' here are mostly nice people and I hope I don't get into trouble with anyone here, and you can always come here to have a drink beer.. . . . . and who knows, maybe in the future play a pool....
As long as you are not arrogant and difficult to get along with, you should be able to share your ideas, and surely the more that you want to talk about shitcoin, trading and gold, then you might get a lot more push back from me and/or some other guys, yet you can see that some guys still are receptive to some of those ideas related to shitcoins, trading and/or gold, even in this thread. .as long as you are not a jerk about it, you can still weave them into your posts from time to time.. and yeah, it would not be polite to not at least try to mostly stay focused on bitcoin, even if you might include some of those other inferior products in your portfolio and also in your desires to talk about them from time to time, to the extent that you might not find some better threads to talk about those inferior products of questionable relevance..
.otherwise... Today is seven of September, full moon and some more things..
>>>> Have a good Sunday to all!!
BTC To The Moon!!!
,(Not To the RED MOON)
It's happening tonight! 👇🏻
The total lunar eclipse will last 5 hours and 27 minutes, featuring a breathtaking 82 minutes of totality—when the Moon is completely engulfed in Earth’s shadow. During this time, it will glow in rich hues of deep red and copper, creating a stunning Blood Moon.
✨ Where to look?
🟠 Africa & Europe – Full eclipse view as the Moon rises in the evening.
🔵 Asia & Australia – Visible late at night or early morning of Sept 8.
🌍 Pacific Islands – Excellent visibility across most of the region.
⚠️ Americas – Unfortunately, the Moon won’t rise during the eclipse here.
Adding to the wonder, the eclipse happens just 2.6 days before perigee—when the Moon is closest to Earth. That means it will appear slightly larger than usual
Fair enough.
[edited out]
It's my personal opinion that saving something for later age is of no use, if it's done at the cost of compromising your present life style. It's also important to maintain a balance between your selling and saving. Don't sell just for luxuries but for necessities.
This is likely going to be a mindset that will continue to cause you to sell too many bitcoin too soon, even though of course, you are free to do whatever you like.
Bitcoin happens to be amongst the best, if not the best, of investments known to man, and you treat it as a means to generate short-term profits rather than figuring out ways to plan long term with it is likely going to either delay or prevent your ability to ever reach actual fuck you status..
But, sure, no problem.
You have to figure out your own way and figure out how to balance (like you said) your long term and/or short term "necessities."
By the way, deferred gratification does not need to be a suffering kind of path forward, and surely many of us have come to realize various ways in which we continue to upgrade our lives because of bitcoin and prior to actually reaching fuck you status.
"This is the way." You would be borderline retarded to not at least allocate some time to educate yourself on (I know, broken record) the greatest invention/asset/change we will ever see!
Don't forget to remember to put some kind of a nuance into your talking-points regarding whether bitcoin was invented or discovered into your presentation of what bitcoin is and/or how we got to where we are today and sure of course where we might be going.
don't blame it on me
if my haiku makes no sense
blame it on the flu
Personally, I would rather blame you.
Just my quirky little way of viewing matters.
Poll
