...Bob seems to be in the middle of making his plans regarding exactly what he is thinking about doing, and so he is providing us with a kind of blow by blow account of his decision-making process, which seems to be an attempt to sell upon BTC price rises, rather than selling during a period in which the BTC price had just dipped or could be in the process of further dips.
Pretty much this. I know I'm planning on selling xx% of my stash to retire, but on my terms and hopefully when it's on a high. I'm not going to sell in a bear market as I've been bullish long - Not going to get my coins cheap, damnit !
If the price doesn't recover to a place that I'm comfortable selling at, I wait another quarter. Not ideal, but I've resigned myself to waiting till Q2 if needed.
I've told myself that "As long as I'm left with $10M USD worth of BTC, after I sell off enough to fund my retirement for the next 20 years, I'll be happy."
Happy is a relative term though. At these prices, I'm technically "happy... enough..." I would like to sell off my BTC feeling "very happy" if you know what I mean.
I should probably just shut up until after I've executed my plans, and pray it's still in the cards for end of Q1.
Don't like this action around $14k territory. Makes me nervous.
No shit, all this volatility is really starting to stress me out.
I'll be happy when I'm "out" and have the portfolio set up and working for me.
The BTC I'm left sitting with will hopefully appreciate nicely over the next 10 years or so.
/randomthoughts
First world problems.