Post
Topic
Board Bitcoin Discussion
Re: Still haven't sold a bit of BTC since 2013... if I can do it you can do it too!
by
Vaculin
on 31/01/2022, 23:31:54 UTC
Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!

Whoah, that is some serious dedication that you have OP!

Given the fact that you have not cashed out your BTCs yet, I am assuming that you are somehow financially comfortable with your situation? If I were in your shoes, I would probably cashed out my BTCs when its price reached an ATH on the last quarter of 2017 ($20,000). Since you also do not see the need of converting them to cash, them HODLing them is definitely the way to go.

Generally, I see BTCs as a form of investment and money. The only time that I see the need to cash them out is that if I am in a situation where I need the money for some emergency purpose.
So i am just curious, to what price will you eventually sell your bitcoins? Selling at the previous ATH was already a huge profits for most of us, even if others are not really in need for money, but they always see to it that every time a new ATH achieved, its a good time to sell so we can prepare for the next bear season. For me, that defines a wise investor. Until i heard your story, you are that one of a kind. So keep hodling, but always remember that selling at peaks is also a wise thing to do so you can roll your profits and buy back again.