Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I do both, but all profit goes back into more bitcoin, hopefully when the price drops (I absolutely consider myself a hodler though), but, I do have separate stashes for this, and I buy every pay day but I only started doing that when the price got back into the 6000s.
I did not sell at the top. I wish I did, but I thought it would get to my price, I was absolutely wrong there.
my goal is to grow my stash until ultimate price is reached then sell a portion. That portion will be for living and diversification. The remaining portion never gets sold, but I may buy things with it if buying with btc ever gets to be a common thing.
Thank you for the nice explanation. Sounds as though your strategy is working rather well then.
I could have done much better, and it still all depends on if this thing goes up again. I'm a btc fanatic, so think it will, but history is littered with the corpses or fanatics. Of course I'll be fine regardless, it would just suck if it never comes back.