Quote from: aesma on Today at 03:49:38 AM

Quote from: JayJuanGee on February 17, 2021, 05:17:04 AM

Quote from: aesma on February 16, 2021, 11:25:51 PM

Last week I had too much work and missed the time corn went over 40000€. Now it's firmly over that. My father is nagging me to sell, to give money to my sister (by selling), I told him countless times I sold enough (too much) and am not going to sell anymore until much higher prices if ever, but he continues, annoying !

Yep... I recall that you were selling a lot in the sub $12k prices and expecting to buy back lower and to keep working the back and forth of BTC's price movements to buy more bitcoin, but that strategy does not work to accumulate bitcoin, it ONLY works to cause you to get "left behind" if you end up selling too much because you are hoping to buy back lower.

Anyhow, many of us learn from various mistakes that we make, and it ends up being too bad if whatever stash that you end up having makes you feel like you did not prepare enough for UP in such a way that you could shave a bit of extra BTC off here and there, if you were to to so choose.

There ends up being a couple of factors to consider, and one is the size of your BTC stash relative to your other investments, and the question about whether you feel that you have accumulated enough BTC.. and then another thing ends up being your average costs per BTC, and if your average cost per BTC might be in the $7k to 9k arena, then you might not feel that your stash is sufficiently profitable to begin to shave off some BTC here and there along the way. Of course, you feel a bit better to shave off a bit of BTC here and there if your average cost per BTC happens to be either in the lower 4 digits such as below $2k per BTC or even if it is dipping into the triple digits, and there are some OLDer timers here who have even fewer hesitations about scrapping off some BTC here and there because either their average costs per BTC is in the lower three digits, such as below $200 or even in the double or single digits.. rare but still existing in some degree of plentifulness.

I bought/mined my BTC cheap and got more money out than in so my average cost is negative. But I never had a big number of coins (at most in the low 2 digits). I've done worse than to sell a couple of coins at 12K ! But for sure I didn't expect such a quick rise so soon. I've made my peace, if the price stays where it is I'm OK, if it goes higher I still have an amount that will make me comfortable or life changing depending on where it goes, and if it goes down to around 20K I'm ready to buy.

Fair enough. If you believe that you have enough coins, then you do not need to continue to accumulate, but if you question if you have enough coins, it might not hurt to continue to accumulate until you reach your target. But, hey whatever, sounds like you have given quite a bit of thought to your own accumulation situation, but sometimes it may be worthy of reconsidering whether some tweaking might help you to live in even MOAR "peace" with ur lil selfie. #nohomo