I am enjoying it lol...as I have a higher ROI than he does...but I am not blind to the fact that this can and will pull back at some point. My profits are also not at risk since I only hold etf's and bitcoin tracking stocks, unlike his call options with an expiry date and theta decay that would result in a realized loss if this goes sideways or down by Jun25. YOU don't think this is clouding his judgement??? You can see in our conversations that he is the one attacking me with his BUHHHHAWWWWHHH juvenile posts. You can't even have a reasonable discussion with him anymore about bitcoin. He used to thumbs up my posts when I agreed with him, but fell out of favour when I started posting about a possible double correction which would have rendered his call options practically worthless. Go ahead and try to post some low end bitcoin projections over the next 6 months and see how he responds to you.
I posted my beta already. What's a screenshot going to prove? I don't believe your screenshots so why would you believe mine?
you've never posted a screenshot proof, ever you claim 2018 you got into bitcoin, but you joined ET in 2023 i've been here on ET since 2017, and suffered ridicule during 2 bear markets you're definitely a troll, maybe a kid.... possibly very small account holder show a screenshot proof so you can get cred
Suffering ridicule is the NUMBER 1 precursor to making HUGE profits lol. BRING ON the RIDICULE! Or as Einstein put it: “Great spirits have always encountered violent opposition from mediocre minds” Anyway, my (2008) Lambo is more proof than your screenshots...and when did this turn into a pissing contest? I just want you to admit that its feasible this could track down to low 50ks still if it does not follow through to 100k here.
...and just like that the troll deflects to avoid showing screenshot proof acts like a victim in a pissing contest the troll didn't start, sociopath... and yet claims higher ROI than my options trade, claims some portfolio beta numbers to impress all with no proof whatsoever
Have you never heard of photo shop? Posting a sceenshot proves nothing... Your options trade that is mathematically underperforming just holding the underlying? lol.
late 2022, early 2023, 1 bitcoin was below $20k, most people have credit cards that could allow them to purchase 1 bitcoin.... on my last year of employment, i made a little over $100k before taxes, but after taxes, 1 bitcoin at this price was definitely more than my annual salary Not sure how to feel about this, i do not believe 1 bitcoin will ever be lower than the US median household income after bitcoin crosses $100k
Is this to me? A reasonable post??? Ok, well I think we both agree where bitcoin is going. However, we differ on the path to get there. Mathematically bitcoin could soar to 183k and still pull back to 45k with a 75% drawdown. These drawdowns or consolidation periods are the norm so far not the exception, and are what fuels the meteoric rises. This would actually be following the long term trendline. It could all be a moot point anyway, now that governments have taken the "if you can't beat em, join em" attitude... https://www.ccn.com/news/crypto/denmarks-crypto-bill-tax-on-unrealized-gains-bitcoin/ This would force hodlers to continuously liquidate their bitcoin to pay for the capital gains tax each year...thus freeing up supply for governments to buy in using the tax they are collecting. Bitcoin Balance Number of Unique Addresses Proportion of Wallets* Over $1 46 million 100% Over $100 21.5 million 46.8% Over $1,000 10.2 million 22.2% Over $10,000 3.4 million 7.5% Over $100,000 0.6 million 1.4% Over $1 million 0.1 million 0.2% Over $10 million ~10,000 <0.01%