I just wanted to gauge what people did and why.
If you had BTC from October 2017 or earlier, maybe 1 maybe 100 and some with more I'm sure.
Did you sell in December? With the insane rise in price which was due for a correction how many people sold at or near peak and maybe set aside some for a correction to buy back in the Dip.
I ask because with the opportunity to cash out for FIAT which still makes the world go around it seems like selling at 20 000+ (CAD) makes sense. I hear a lot of people who say HOLD and hoard essentially, and to each their own; but I find myself wondering at what point do you sell if that is your philosophy.
Maybe you didn't sell; maybe you sold a few or dumped it all.
I myself didn't have much; I had amassed a small amount that I was portioning off to HOLD, but what I was holding was instantly sold at the peak or used to buy equipment mostly because I had a feeling that it was going to be worth about 50% in the near future. The price stayed higher for longer than I though but it also fell lower than I thought. I might have been completely wrong it may have continued to rise but in the end I was happy with the decision I made. I can always mine more...well some (damn difficulty lol)
That is why I think that the notion of "HODLing for as long as you can" is greatly flawed irl. I always find it quite funny when people are saying "Hold and believe in bitcoin" or "hodl hodl hodl!" because, for me, doing so is very unrealistic. The main point of investing is to get profit. And by profit, meaning you have to cash out your bitcoins to Fiat to have real value because if not they will just be codes. I don't suppose you want to hold your bitcoins for the rest of your life until you die right? You have to take chances because that's how it works in reality.