Anyhow, I am having some trouble relating to anyone who has known about bitcoin, and who had been into BTC for 7 years or so to actually have only in the neighborhood of 1 BTC.. even though I do understand that there might be ways of explaining it, it seems to not be a very good example of how to approach this asset class.
Being poor, being born into a shit situation/location, living paycheck to paycheck, and sometimes not even that..
That’s why I have been so adamant about NOT selling, because these lottery tickets are basically irreplaceable..
Were, even at sub 10k levels..
I’ve managed to get and hold onto more than one, but any pragmatic person in many of my past situations would have sold them all to keep up in real life, but I did not, and still will not..
I’m doing much better these days, but not everyone have disposable income for wild investments..
On another note, I bet half or more of DT1 on this forum can’t even sign a half a Bitcoin, much less one whole Bitcoin.. Many not even 1/4 or even 1/10th a coin..
How do you feel about most of the democratically elected community leadership on this forum (DT) don’t even have any skin in the game?
Especially the 3rd world althunter circle with +10 positive trust each in a circlejerk for “finding alts” and being obsessed with leaving red tags.. Most not even having 1/4mm sat to rub together..
Doesn’t seem like the most optimal situation to me..
What do you think?
Well... i have been dormant for a while, only recently came back on. I do not regret converting my BTC into Fiat, especially since it gave me the freedom to not be in Debt! In hindsight, i can say that i made full use of the bitcoin i had, it actually all boils down to what makes you happy i guess! In my case, i used it for paying off my mortgage much faster than the 20 year plan i had (paid off in 2 years!). Paid off a new car, bike and went on umpteen holidays which is something my wife and I both love, invested in my hobby of diecast collection, which in itself is worth a fair bit right now!
Do i regret not having all 21 BTC, sure i do, i would have retired without a second thought if i had that kind of purchasing power but then i am looking at a retirement at 40 opposed to 50 which was my earlier plan and it is all because of Bitcoin!