Quote from: AlcoHoDL on Today at 04:52:03 PM

Quote from: micky123 on Today at 02:19:33 PM

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!

Forgive me for sounding a bit harsh, micky123, but I sense a teeny-weeny tiny little itsy-bitsy degree of bitterness and saltiness in your post. I can bet that you would die to turn back time and skip that car, bike and holiday spendings. It's OK, you had fun, I understand that, but was it really worth it?

What I would like from my BTC, would be to firstly and foremostly solve the problems that really matter to me. Life-changing issues like freeing myself from wage-slavery (nor really a wage-slave, but not free either), taking care of my retirement, guaranteeing a minimum income for life, providing me with a decent standard of living.

After doing all of the math and all of the science of all of the above, then I'd spend some of my leftover stash for a car, holidays, or whatever else I fancy. But, I wouldn't even think of doing even a tiny fraction of the equivalent of buying a purse for 17 BTC, when I only have 17 BTC...

I never spend any Bitcoin for the most part. But I did, in '17 buy a trip for my wife and I. I told her we used the bitcoin, and I told her... you know.. we WANT this to be the trip that cost $200k some day. If it turns out that is the case, I imagine I will look back on that with the same sort of fondness Lazlo does when he think's of us 10 digit pizzas.

Everyone has to make this call, and will all along the way.

Again, the most optimal route may be to borrow against the whole stack. That said, it poses another sort of risk.

Right now we are still in price discovery. I am hoping this is the last big push (and it has a ways to go still), and we go to a more gentle upward curve after. If that is the case... it may be much easier to spend our wealth as we move on.