Please hold and wait for the dump.
Be that guy again.
Be that guy again.
Bitcoin distribution
- Thread starter wxytrader
- Start date
lol what? This is the kind of bullshit that gives us all a bad name. Bitcoin is currently over 50% of my sizeable portfolio, more than I ever thought I would have in one asset (it’s this weight because of the huge gains). The position is well over 1mm
but I’m not a Bitcoiner and can “ fuck right off” because I won’t go 100% into bitcoin?? Do you know how dumb and amateur this sounds? We as a community have to stop with this shit it’s honestly embarrassing.
some diversification is in a sense admitting you don’t know everything and trust me, you don’t know everything.
You're such a fiat cuck
You like fiat even though they keep printing and printing and debasing it, it's like they keep raping you and raping you and you still value it more than Bitcoin because btc price gets too high and it's too much percent of whatever it is you value in fiat terms
You're such a fucking pussy because you do not want to lose your fiat-denominated gainz, you're disgusting
Stop saying you're part of the "community" your ignorance is showing by that very statement, Bitcoin's decentralization is the most important aspect of Bitcoin
, and yes I'm over 95% bitcoin our family's life savings and net worth and yes it's also well over $1M
I really wish you all the best with your fiat when you cash out and cash out, I'm guessing when bitcoin hits $500k/btc you'll be down to a few bitcoins and maybe at $5-10M/btc you're be down to less than 1 btc
this is an embarrassment
We have kind of derailed here...not meant to be a discussion on Bitcoin versus fiat...fiat is trash but unfortunately I do still have to use it. The idea is to unwind from Bitcoin over set time & price intervals versus just cashing out all at once. This way it should average out to about the same like a dollar cost exit strategy....also it could have more beneficial tax implications.
I’d say if you are going to be tactical just use trend following to get out. If not that then def leg out, don’t just sell all at once.
and be prepared for people to call you a “fiat cuck” on the internet bc you had the audacity to take a profit and not be 100% in one asset.
and be prepared for people to call you a “fiat cuck” on the internet bc you had the audacity to take a profit and not be 100% in one asset.
I think he can call anybody a fiat cuck after holding all these years.
https://www.elitetrader.com/et/thre...ncy-of-this-market.378047/page-5#post-5919915
I'm more of a Naz cuck. Tech now, tech tomorrow, tech forever...
You misunderstand why I labeled you as such, just as you forgot you called me and others like me an egomaniac for holding most of our net worth in bitcoin
I took profits in 2021, it's the reason I was able to survive the bear market and not work for over 3 years
I don't take profits for the sake of preserving fiat profits or whatever portfolio allocation limit because I know fiat will always debase but fiat serves a purpose for life requirements
You can do whatever you want with your portfolio, but if you're going to attack others for having a different mindset than you, i.e. Unit of Account is bitcoin,
then you can expect a similar attack on your preference of fiat as your value measurement and portfolio allocation decisions
Bitcoiners are here for the revolution... and generational wealth comes with it, we'll take that too. We know the value of Bitcoin
You're not a Bitcoiner, but as I told you already, I'm rooting for you to make your millions
Do you run a full bitcoin node? a lightning network node with over 5 figures $ locked in for over a year? Have you ever mined Bitcoin to support the security of the network?
I doubt you can answer yes to any of them.... yet you're quick to say you're part of the "community" because you own bitcoins
Yeah well whatever price you sell all at once at you will eventually hate yourself for it.
That's why I'm thinking about doing it this way as I will no doubt extract the maximum profits from it.Jonarb I did the same thing as you...loaded up a money mart titanium plus card when my bank blocked crypto purchases. It's was strange how hostile they were towards bitcoin. They didn't even understand it and feared it...they were so ignorant but at the same time deliberately trying to stop retail from gettin in. They even blocked debit cards lol ..like wtf it's my money!!!??