BITCOIN Discussion..........

[KVB]

The Cubs are 16-2 on April Fools days since 1983 on Tuesdays when it rained at least 1 inch the previous day.

You can’t be serious.

Have you ever seen the charts marking the halving moments?

 

[JDS]

You can’t be serious.

Have you ever seen the charts marking the halving moments?

90% he’s sarcastic only 10% serious never forget that.

 

[JDS]

90% he’s sarcastic only 10% serious never forget that.

When he claims he’s up about a half million on 5dimes group then that’s part of the 10% for him.

 

[Ace7550]

You can’t be serious.

Have you ever seen the charts marking the halving moments?

It's like a kid that falls flat on his face 4 times in a row and still refuses to tie his shoes.

 

[rolandcorts]

Sometimes correlation = causation. Sometimes it doesn't.
Cutting the supply of a commodity in half and that commodity increasing in value in the short term is pretty straightforward.

Then why wouldn't people buy BTC one day before each halving? And if people are going to buy it one day before, why not front run them and buy it 2 days before? This is all known to everyone, there is no sudden news of a random halving. Ace you're better than this.

PS: The cubs won yesterday!!

 

[rolandcorts]

Dollar-Cost-Averaging is a great way to accumulate bitcoin. I know 2 people that started doing that in 2020. Needless to say, it's worked out very well.

Which totally contradicts your halving story. You should be buying each halving and selling it 2 years later no?

 

[rolandcorts]

It's like a kid that falls flat on his face 4 times in a row and still refuses to tie his shoes.

So you sold 2 years after each halving? And plan to do so in about a year too?

 

[Ace7550]

Which totally contradicts your halving story. You should be buying each halving and selling it 2 years later no?

DCA is a good way for some people to invest in BTC. Not everyone. It depends on your goals and financial situation.

 

[Ace7550]

Then why wouldn't people buy BTC one day before each halving? And if people are going to buy it one day before, why not front run them and buy it 2 days before? This is all known to everyone, there is no sudden news of a random halving. Ace you're better than this.

PS: The cubs won yesterday!!

I'm just relating the pattern that the historical charts show.
I don't know why many people do what they do.

 

[Ace7550]

So you sold 2 years after each halving? And plan to do so in about a year too?

I've done this over two cycles. This cycle I bought at what I thought was the low. I got in for an average of 23.5k at the beginning of 2023.
I plan to sell this Summer or Fall. Target price is 132k. I may wimp out and sell at a slightly lower price. We'll see.