Quote from: Dabs on Today at 11:41:03 AM

Quote from: ivomm on Today at 06:29:54 AM

Good morning ladies and gents! I'm so bored by this price action that I've bought another chunk for 1000€. Thanks to JJG and Dabs for the very useful comments on my last post. I'm still thinking about the balance between sold and kept Bitcoin stash. I guess I've sold a bit too much, so now I rebuy back some. Of course, I won't sell everything under any circumstances, except terminal disease! I will need a couple of years perhaps to find a better place to live and then cash out for a real estate.

You're welcome! BTW, did I correctly understand you did cash out 17 years worth of income or expenses? But now you're buying back in to Bitcoin with the excess above a certain number of years that makes you comfortable?

You should not need to sell any more now for at least another 10 years if you have that much cash, and if you are keeping your job you can safely keep buying more every month.

Yes, you've got it right. I've cashed out for 17 years ahead, but I will keep my job until I find a better place to live, like a Greek island or in Spain. My country is horrible in any aspect, so what use for the good job?!? But I need to buy also a real estate so I will probably sell some between 120K and 200K. The remaining part will be spend only if I am short on the fiat part. Hopefully that will be after 10-15 years, when the price will be above 1mil (I know, some hopium but 30K was untinkable in the last year). That's my plan.