Quote from: Hueristic on October 27, 2020, 11:26:43 PM

Quote from: Searing on October 27, 2020, 08:23:46 PM

edit: and people were telling me a month or so ago to sell at like $9,500 usd or some such and 'buy on the dip' ... Sad

I hope you have learned your lesson by now. Wink

i
Also, many, many people tell me to sell some...I know more than a few sold at like $10,500 on a buy back at $8,500 return on Bitcoin...even I! Know

that never works....

I may not 'want' to jump out in traffic...but I see a lot of FOMO and FUD like cars screaming past...but I don't play in traffic anymore.

Yeah I sold low back in the day at $3,900 BTC ...13 BTC ..of which I recovered 5 BTC...sbut then again so keeping score I'm still 8 BTC down. but I was 'retired' on

crypto..at the time of this Real Life Issue sale and that got me to $50,700

and my last (about) 1.5 years till I could do 'traditonal stocks/bonds' retirement...the option of going back to 'work for somebody' was just too dire... Sad

So $50,700 or thereabouts x 15% cap gains (about) and 10% State Income Taxes left me with $38,025 (about maybe a bit more after fees)

Real Life Issues suck.

Since then however I can still have my 'fabulous' $30-$35K 'working' lifestyle, in say lifetime 'real no inflation buying power $$$" (about in real $$$ since I was 18 years

old) in my

retirement and NO LONGER have such a 'devil's choice' to make.

Of course, barring health issues or some such, in which BTC/Crypto 'would' be a lifeline....regardless..knock wood!

Currently I have enough Altcoins (of dubious values and numbers) if I sold now to get 'close' to my original HODL HOARD and recover the 8 Bitcoin sale of dubiousness.

But you do what you have to do to stay 'free' (ie not employed ...retired 3 years early...this above sale covered the last about 1.5 years till traditional investments kicked

in)

So, that is even, after taxes (again) at 15% cap gains and 10% state tax. I however...am HOPING that somehow...Bitcoin will 'stablize' at some point

for a month or more and then the various dubious altcoins and forked coins etc...will be ripe to dump. (crosses fingers/does the sign of the cross at the cat/generally

going with HOPEM on this)

But we get around 18K Bitcoin, hell even 16k Bitcoin and I will 'crack like an egg' and dump the last of my altcoins..if not before to get them 8 Bitcoin back.

So, like all HODL and Bitcoin/Crypto 'plans' it is likely to fail, due to the 'fool' thinking he has an angle..(me) but hey, its a hobby....blundering along in confusion

and cluelessness has its own adventurious charm, don't ya know...always drama BTC/Crypto...always FOMO/FUD excitement.

Brad