Ninjastic
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Re: How much Bitcoin to accumulate now to be financially set after the next boom?
by
WinslowIII
on 12/08/2019, 18:58:55 UTC
Quote from: exstasie on August 12, 2019, 06:42:39 AM
Quote from: WinslowIII on August 07, 2019, 09:26:29 PM
Quote from: exstasie on August 07, 2019, 05:16:16 AM
I never want to sell 100% of my coins but I also don't want to wait and hoard them forever either. Heck, I'm still renting an apartment. In some sense, you can't put a price on owning your own piece of land. That's something I'm willing to give up a few of my BTC for.

And this is why you won't be holding any when it crosses $1m. You will be just like most here with one of an endless number of excuses why to sell, sorry to say.

.....says the guy who arrived in 2018. Cheesy

I've come across plenty of newbies like you who think they know it all. Where were you when I was accumulating BTC 98% south of here? It's a damn shame to arrive so late that you can't even fathom selling a few BTC! Tongue

If you are renting an apartment, then yes I certainly see why you want to get out of that shitty situation - sell away when you have enough to buy a house outright. Life is too short to live like that any longer than you have to. If you can, try to hold at least one for the rest of your life though.
And btw, time in this scene is no guarantee of success. I'm sure there are way more people who had bitcoins years ago and dumped them - many for a loss-  never to buy them back then those who held all the way to now. I'm willing to bet that way more people who were part of this scene 5+ years ago have lost money rather than made it. It's because they treat bitcoin like a gambling tool rather than a long term investment, or possibly got fucked by mt gox or some other exchange scam. I'd also not ever assume jack shit about someone based on the join date of their bitcointalk account. For all you know it's one of a dozen dating back to 2011.