Post
Topic
Board Economics
Re: How many bitcoin is enough?
by
The Pharmacist
on 09/12/2019, 14:53:20 UTC
Stacking sats I think the cool kids call it.
Huh.  I never heard that phrase before, but I like it.

If I need to liquidate some in order to live and buy things, i'll do that, but i'll always keep trying to replenish what I spend.
Ideally if you're accumulating bitcoin for the long term, you should only do it with funds that you're not going to need for other things.  If you have to sell bitcoin in order to pay for things you need, you're probably putting too much money into it.  There's no shame in going slow while building your bitcoin position.

I never set a goal as far as how much bitcoin I want to have, because I have the type of personality where nothing is ever enough.  Even if I had 21BTC it still wouldn't satisfy me--and I don't have anything close to that right now.