Ga nostriches, been a while since I ran the numbers and thought I’d go old school, in terms of attempting to get some newbies to dip their toe into the bitcoin waters. $10 DCA, looking at 3 years and 5 years, since the beginning of 2020. Quite the draw down in the number of coins ~$10k and ~$18k will get you, down to less than half a coin from nearly 10 for a 5 year DCA from Jan 2015 and over 2.5 for a 3 year dca. Green line is the interesting current market value of the DCA that stopped at that date (just for fun). We may be fully in the boredom stage, but we’re still 37% and 44% up respectively on the amount we’ve saved in BTC over that period even for the most recent 3/5 year period. Surely that could be sufficient to get that newbie to dip their toes in a little bit deeper. Other interesting points, during that period, there have only been a few points where the total money you’ve put into bitcoin have been underwater (March 2020, End of 2022, and interestingly August to October 2023), with each of these points likely being very good points to go from a sensible DCA to a “you’ve now done the work, yes, now is the time to smash buy and become a legend!”. Also interesting is the current cost basis of these 2 DCA “models”, 5Y $51k, 3Y $54k, suggesting we’d have to go a fair bit lower to move into the buy levels we saw in 2020, 2022 and 2023….. meaning, hmmmm, we could go lower before the bear market is out? irrespective of the “well, given we didn’t have a blow off top, we’re maybe not going quite as low” crowd. But also, this level feels like a fair bottom, given in February we got within $10k of the cost basis. So when asked, “is now a good time to buy” even if it is one of those bottoms, the answer is “no, start a DCA, do a bit of reading and if it starts to make sense, then when the value of your stack dips below what you’ve already put in, maybe think about buying a bit more, but by this time, you should be able to make that decision for yourself.” Worth a thought freaks, peace.

Gm Monday freaks, bringing things back down to earth with a bump after a pretty awesome weekend visiting wales for the weekend. So much fun taking #dogstr out with the girls, high point when the eldest (as she scaled a rocky incline over a pretty serious drop) said “mum would be shouting at us so much if she was here” In my defence as a caring father I said “don’t fall off”. She did some awesome climbing and was beaming by the end. Let’s just go out there and take some physical risks (not financial, we Bitcoin so we don’t have to) 🫡🙌 #coffeechain

Gm nostriches, near perfect Spring morning in Wales (sunny, cool and relatively dry), breakfast sorted for Ma, kids sorted/ given a timeframe for when they have to shut off those damn devices, and I get an hour or so on the #bikestr. Added an extra hill and descent to the normal route and post #coffeechain and egg based breakfast, feeling pretty good. Now to get the kids out into the fresh air with the #dogstr

Gm nostriches, visiting ma, getting a chance to sort a trip to a hospital appointment a year after I “got to” hot foot it over to take over from my cousin after she had had a stroke. Tough times, but grateful I was able to be there and then step up with the fam to get her back to health. Great morning is wales, not the most sun, but fresh air, hills to talk on, animals out in the wild and the #dogstr to provide the excuse. Cinema later and then picked up from steak for dinner tonight to continue her road to recovery!!!

Shorts getting @rektbot!!!

Wonder what payout package he gets, even though he’s demonstrated complete incompetence and potentially committed treason.

Gm nostriches, happy Friday. Prepping myself for the teaching and material that appears to suggest that the primary function of the HR department is now ensuring it discriminates against my demographic, because if you’re note chosen based on your abilities that magically results in more creative solutions (but less is said about delivery……..) Ah well, if nothing else, after moving a bit more than a metric ton of gravel yesterday, 250kg of cement, digging up some turf and quite a few steps, hoping the mind should at least be clear to let rip!!! Now to keep the inner Hyde under control so I don’t get too many “you can’t say that” comments, but you know what, Mr Hyde don’t give a shit!!!

@Notible audio version of you want to have a listen

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