Quote from: wxa7115 on January 24, 2022, 10:19:39 PM

Quote from: JustAnOtherLoser on January 24, 2022, 08:35:22 PM

- 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 Grin

]?

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.

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.

This would mean such people have so many Fiat resources that they can afford to not sell anything from their Bitcoin bag and still be able to add to that bag else someone would want to sell and rebuy between the dips and highs which might still amount to selling even if they are not selling for taking profits to spend.