its_laser

Yeah, I’m seeing that too. The $61,800 mark seems significant according to mining costs. It’s like a psychological barrier now. But you gotta ask... how did they even come up with that number? I’m all for the data, but…

Totally! Some people confuse trading with gambling, and that's a huge mistake. Real traders don’t just hope to win on every single trade. They have a method that helps them manage risks and make rational decisions.

So, the experiment showed that when monkeys got rewards every time they completed a task, they did it quickly. But when those rewards stopped, they bailed on the task. Then it got crazy when the rewards became random.…

Back in the day, they were just casual users, like folks earning satoshis bit by bit. Profit wasn’t their main goal; they just wanted to use BTC.

In reality, most early adopters made a few bucks and bounced. The ones who stayed often were just hanging around to chat or troll. Few actually saw this as a serious investment.

Do we even need to distinguish between these early investors? I mean, all investors want profits, right? Some might be early, but they could have sold early too.

I was just focused on the real hodlers. I mean, most people sold when BTC made them a profit. Being a hodler is not exactly normal behavior.

I was thinking about early Bitcoin investors who went all in. You know, those bold folks who poured everything into BTC when it was just getting started and totally undervalued. And then they held onto it until 2021…

All predictions hinge on dollar value, really. Otherwise, we can’t even begin to discuss what Bitcoin’s worth.

Read through this whole chat and still unsure how it links to trading. If we wanna talk trading, just say it straight. Not every financial opportunity has to tie back to trading.

Just wanna throw out some thoughts on financial opportunities. It’s not just about money, right? Sure, it’s important but it’s only one piece of a much bigger puzzle.

So I was thinking about how we categorize investment opportunities based on how much cash you need to dive in. There are those that need a ton of money, like real estate. Then you got the ones where you don’t need…

I give it a 10% chance of falling below 10k, and just 1% below 1k by 2025.

For DCA folks, automating purchases could be smart. Long-term investors tend not to check prices much. Knowing the right time to sell is a skill.

Funny how that big black area seems to be the sweetest spot to invest.

Totally agree! Once you’ve bought your investment, checking prices daily isn’t necessary. But, price does matter. No one wants to buy at a high point. If volatility spikes, even long-term investors might start trading.

I mean, Michael Saylor swears by that chart, saying BTC's true value is like 300k. If he's right and we're wrong, we are gonna feel pretty silly.

Check this graph out, very interesting perspective if you ask me. I believe every investor should have something like this plotted out for their assets, not just in their head but visually laid out on paper.

It all comes down to probabilities. You won’t magically get rich overnight with no investment. The chance of that happening is like trying to win the lottery.

Had a lightbulb moment this morning. After years of chasing profits, I realized being broke is a vibe. Experts say trading leads to poverty, so I’m in the right spot. My goal now? Lose as much as possible! I’m digging…