hello
I have sold half my coins on the way up, not wanting to go back to so "little" value as before. Now of course it seems stupid to have done that, but catching the top is not my forte. When this bull run started I figured, when my stash is worth a certain amount (one with enough 0s), I'm selling everything but 1 coin.
Now I don't know. On the one end, if such bust and bull runs can still happen, then the logic is to sell at one point yes, but with the goal to buy back later when it will have crashed. I expect I could double my stash at least from doing that.
Then again, maybe it's the last bull run, and once it's down, if I convert from cash to coins again, I will have double the coins, but which will never rise again.
I know some of you have enough coins to play all scenarios, but not me.
When I say the plan was to sell once enough 0s reached, the idea was to get that money out and invest it in something else, probably a mix of real estate and stocks, or just real estate.
Now it seems playing with coins at least a couple years more might be well worth it.
But it's such a wild ride !
Well have fun paying massive tax, being put on on some sort of list, and also get some good lawyers. Biggest reason to hold is that even if your bitcoins are from licit origin, it's a gamble how the government will deal about it.
Also lol at this is the last bullrun.
I bought back coins this morning (at a higher price than I had sold...) and now the magic number I was thinking about might happen today as things are going.
And I have revised this number once, by computing how much income tax I would have to pay to be good with the taxman, that's about 35% tax, so I added that to the number.
FOMO I can understand, but it's also too many people with lots of money they don't know where else to invest in. I don't know such people, I'm almost the only person I know that owns stocks for example.
This made me laugh. Good on ya. HODL BTW congrats on becoming hero!