Good morning Bitcoinland.
Still consolidating around $11k after this week's jump up to 5 digits... currently $10986USD/$14747CAD (Bitcoinaverage).
Almost time to start moving up again.
Go Bitcoin go.
*Develop a strategy now and do not deviate*
Best strategy:
Don't sell unless absolutely necessary.
Buy whenever possible and hold.
Resist the temptation to waste your bitcoins by buying fiat currencies just because the price went up. Be strong.
Do not deviate.
My original plan was to sell about 50% for fiat, and put it into a traditional retirement portfolio (stocks, etc.) for income. I've been doubting the long term viability of that, especially over the last several months.
Aside from trying to avoid the inevitable post-bubble crash, I'm more seriously considering keeping a higher percentage of BTC in BTC.
I realized that its possible to live mostly on BTC, at least in America.
https://99bitcoins.com/bitcoin/who-accepts/https://www.hotcars.com/car-companies-accept-bitcoin/There are some companies on here that I didn't realize take BTC. I'm pretty sure between using some of these companies, services like gyft.com, and a BTC-funded debit card for other incidental expenses, one could easily come close to living entirely on bitcoin. Fiat would really only be absolutely necessary for most real estate purchases, and taxes.