Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 01/10/2017, 09:44:53 UTC
Guys, is hodl a paradox? When are we supposed to enjoy our riches? I've never had riches before. Should I be living in a richly place now? I've never lived in a richly place before.

I just don't know.

Some time back, I bought my wife an Instant Pot (fancy pressure cooker) with Bitcoin at a 25% discount via Amazon/Purse.io. Told her by using Bitcoin (which was already way up for me), it was the cheapest Instant Pot money could buy.  Grin  Cool

Then Bitcoin quintupled.

Now she looks at the Instant Pot and says, "Most expensive fucking Instant Pot money could buy." Tongue  Roll Eyes  And sits there scheming over all the things she could have bought HODLing instead.

So yes. HODL is a paradox. Yes indeed.

Nevermind I bought all the dips on the way up. Nevermind I can retire early now. That fucking Instant Pot will always be my HODL reminder.

"Yes honey, it's a lovely house, but we could have bought a fucking castle, you idiot!"

Wow, glass so half empty there!

I bought my dream bike with some of my BTC gains 3 months ago, and even as I expect the market value to shoot the Moon, I will never look back and regret it. Of course I'm HODLing most of it.

Life is for living, yo.

Don't get me wrong - I don't have any regrets! Your Bitcoin ain't worth a thing if you don't spend it!

Just try explaining this concept to me wifey wife.  Undecided  I don't know about yours, but mine expects perfect prescience.  Grin

"You knew it was going to quintuple and you spent it anyway??"  Shocked

Nothing wrong with spending bitcoin.. but mostly you should be replacing any bitcoin that you spend in order that you pretty much keep up your investment allocation in bitcoin (or some kind of bitcoin fund that has dollars and bitcoin in it..... Currently, my bitcoin fund has about 92% bitcoin and 8% fiat.... Sometimes you can take money that you already have in your bitcoin allocated pot, and set buy orders for bitcoin (for whatever bitcoins that you spent) - or you can just buy right away, within a day of spending the bitcoins.. .