- Even at times it maybe would be the more financally smart thing to do. Maximizing profits aside: How do you guys feel about selling
BTC for fiat gains (or even at a loss [maybe for tax reasons or because your insane
]?
Do you guys life by the "No Neo, I'm trying to tell you that when you're ready... you won't have to (sell your btc)"-Meme or
are you mere mortals that sell before they lose their fiat profits?
I suppose there are a few maximalists out there that have never sold a single satoshi, but the majority is probably nowhere near that extreme, after all they live in the real world and not in a bubble, so maybe they had an emergency or they got fired from their jobs and they needed some of that bitcoin in fiat form and they just sold it.BTC for fiat gains (or even at a loss [maybe for tax reasons or because your insane
]?Do you guys life by the "No Neo, I'm trying to tell you that when you're ready... you won't have to (sell your btc)"-Meme or
are you mere mortals that sell before they lose their fiat profits?
So do not try to uphold a position that for the majority is impossible to hold, as long as you have some bitcoin and you hold the majority of it and you add to it whenever you can then you are doing fine.