Hey guys, this is a serious post.
I have been holding for almost 10 years at this point.
Sold one coin in 2017, lost some in 2014 to mtgox and HODL'd the rest.
I currently have what might be considered 'life changing money' to many.
I have been living at an extremely low cost and standard of living for the past 10 years. Some would scoff at my frugality and tradeoffs to maintain a low cost way of life.
Living the dirtbag lifestyle, squatting, living in communities, traveling around the world on a shoestring budget, living in cheap countries, long stretches of time bumming around without working, living extremely frugally etc.
I keep a low cash balance, with my liquid fiat cash balance is down to something like under 0.5% of my total net worth. Rest in BTC. I have no motor vehicle, no property, no other assets and I am currently taking payments from the state for unemployment.
I feel like the dog who has been chasing the mailman (trying to accumulate wealth), and now that i've finally caught him... I don't know what to do! I have been studying 'sudden wealth syndrome' to avoid falling victim to it, or the common vices newly minted wealth attracts.
I want to avoid self destruction through wretched excess. I have gone down that road before and want to avoid touching it second time. I want to live a life with long term goals and take action based on thought, reflection and reason.
I am a long term believer in the bitcoin project and have invested significant time into educating myself about the technology and economics, in addition to how the current financial system works.
I find that I am currently dis-incentived from working a /hour job, as it's just so little money earned compared to my holdings. Even laying down capital for entrepreneurship because holding BTC is so profitable (though it does not grow in a linear fashion). Sometimes I wonder if I'll ever find meaningful work.
WTF should I do!? What would you do in my position!???