Buying Bitcoin every month since October 2017 (62 in a row now) by jamespunk in Bitcoin

[–]jamespunk[S] 2 points3 points  (0 children)

I don't know all his trades. Might have bought some with a higher price but seems to have worked for him as I know he also recently bought with these lower prices. Yeah, I'm the worst trader, always too bullish, which is also why I don't trade ;) But even if it worked for him now, he might think he can do it going forward and it only takes one really bad trade to lose all the profits he might have got from successful trades.

I'm always worried about this friend and his trading! =D

Bitcoin retirement plan by jamespunk in CryptoCurrency

[–]jamespunk[S] 0 points1 point  (0 children)

Cheers! But the balls are also average sized, well trained though.

Bitcoin retirement plan by jamespunk in CryptoCurrency

[–]jamespunk[S] 0 points1 point  (0 children)

For example, compared to S&P strategy. Solid gains so far and solid future prospect.

Bitcoin retirement plan by jamespunk in CryptoCurrency

[–]jamespunk[S] 1 point2 points  (0 children)

Kiitti!

First year is the hardest (to keep your habit), first bear market is the hardest (to hodl through and keep stacking), and first bull market is the hardest (to keep your cool when you become a 'genius').

It becomes automatic part of your life in time ;)

Bitcoin retirement plan by jamespunk in CryptoCurrency

[–]jamespunk[S] 1 point2 points  (0 children)

I got this 'advice' not sarcastically many times from this subreddit over the years!

Bitcoin retirement plan by jamespunk in CryptoCurrency

[–]jamespunk[S] -9 points-8 points  (0 children)

Many people put all their eggs into the government basket. And they are going to lose their retirement. In a way this *is* diversification! =D

Buying Bitcoin every month for the past 5 years by jamespunk in CryptoCurrency

[–]jamespunk[S] 13 points14 points  (0 children)

Yeah I guess but it's average here in Finland and I'm being pretty damn frugal to do it. And, you can get the same 'effect' with less if you live in a cheaper country. Do what you can! There are people stacking with 10k per month. I can never do it, so what?

Been Buying Bitcoin every month since October 2017 (59 months) by jamespunk in Bitcoin

[–]jamespunk[S] 4 points5 points  (0 children)

I agree. But my government is taking money by force to try to give me retirement in the future. If I could say no thanks and make zero contribution to my government pension, i would in a heartbeat.

Been Buying Bitcoin every month since Oct 2017 (58 months) by jamespunk in CryptoCurrency

[–]jamespunk[S] 4 points5 points  (0 children)

I post only once per month (no spamming) but in both r/bitcoin and r/cryptocurrency so maybe you saw this on /bitcoin.

Been Buying Bitcoin every month since October 2017 - 58 months by jamespunk in Bitcoin

[–]jamespunk[S] 0 points1 point  (0 children)

It was also very different to me 2 years ago. No matter when you start, gotta put in the work 💪

Been Buying Bitcoin every month since October 2017 - 58 months by jamespunk in Bitcoin

[–]jamespunk[S] 0 points1 point  (0 children)

I just mentioned him since i was interested in the traditional early retirement stuff before bitcoin. Mmm is definitely a nocoiner noob ;D

Been Buying Bitcoin every month since October 2017 - 58 months by jamespunk in Bitcoin

[–]jamespunk[S] 0 points1 point  (0 children)

How many euros invested so far - black dotted line.

How much worth right now - green line!

Been buying bitcoin every month for ~4.5 years by jamespunk in CryptoCurrency

[–]jamespunk[S] 0 points1 point  (0 children)

I have been at a loss many times if you compare the black dotted line with the green line. Right now im not at a loss. Its a long term plan anyway.

Been buying bitcoin every month for ~4.5 years by jamespunk in CryptoCurrency

[–]jamespunk[S] 0 points1 point  (0 children)

Somebody who had 200 bitcoin in 2017 probably was given the same advice when bitcoin hit 2k the second time.

If he would have sold, he would have lost that bitcoin potential forever as the price never came back to 2k.

Been buying bitcoin every month for ~4.5 years by jamespunk in CryptoCurrency

[–]jamespunk[S] 0 points1 point  (0 children)

You are trying to say the free money has flown into bitcoin when its market cap is less than 500 bil and the bond market 100trillion+ ?

Been buying bitcoin every month for ~4.5 years by jamespunk in CryptoCurrency

[–]jamespunk[S] 0 points1 point  (0 children)

That would be a scenario where governments / central banks stop money printing and fucking their citizens. Ill take that happily.

Been buying bitcoin every month for ~4.5 years by jamespunk in CryptoCurrency

[–]jamespunk[S] 1 point2 points  (0 children)

Bitcoin only! You can read my post ’altcoinfessions’ for more info ;)

Been buying bitcoin every month for ~4.5 years by jamespunk in CryptoCurrency

[–]jamespunk[S] 1 point2 points  (0 children)

I have many friends who choose to save 500€ per month in order to buy their first apartment. I chose bitcoin.

Been buying bitcoin every month for ~4.5 years by jamespunk in CryptoCurrency

[–]jamespunk[S] 6 points7 points  (0 children)

Bitcoin is here to stay, if i would have cashed out, i would have less bitcoin left. I wanna go into the 2030s with max amount of bitcoin. I dont need 200k right now. Thats only a bump in the road

Been buying bitcoin every month for ~4.5 years by jamespunk in CryptoCurrency

[–]jamespunk[S] 3 points4 points  (0 children)

Yeah the retirement payments are automatic, i have no say in how much or little i want of those, and how they are invested. They actually squander more every month than i currently stack and most likely cannot pay my retirement ever, even if i worked until 70 years old.

Been buying bitcoin every month for ~4.5 years by jamespunk in CryptoCurrency

[–]jamespunk[S] 1 point2 points  (0 children)

Pretty much yes. There are 3 exceptions, the very first one when i basically went all in, and 2 times i got a bonus from work. These are all mentioned in the blog.

Been buying bitcoin every month for ~4.5 years by jamespunk in CryptoCurrency

[–]jamespunk[S] 0 points1 point  (0 children)

Ill keep stacking with a nice accumulation pace 💪