Quote from: GiftedMAN on August 01, 2022, 09:34:08 PM

Quote from: franky1 on August 01, 2022, 07:24:05 PM

still hoarding since 2012
im 'explorer rich' (funds calculated to fiat via explorer view of funds) analogy: 'rich on paper'
but not had the desire or reason yet to sell the whole hoard, so not yet ready to buy castles

@Franky1, this is amazing, it's been 10 years now since 2012 and you never sold everything not even when the price of Bitcoin was higher than it is now,

having acquired coin at the $6 range

you get to a point where you are no longer checking daily what your total net worth is on the daily.
in like 2013 at the first $1200 ATH . i reached that point where i just stopped looking
i just worked out as long as bitcoin was worth more then X im all good with life so dont need to check total net value
it became like a retirement fund where you dont check whats inside your retirement amount daily you just know by the time X years have gone by you know it will cover your destined plans for life in the future

i dont check the net value and i probably would get shocked if i did work out what it converts to.
but i just use logic, EG
why buy a house now which only appreciates to 2x value in 1.5 decades wheres as value in bitcoin would appreciate by 1.5x much sooner.

it was also tactics on day trading where i would only day play with 1% then 0.1% amount and so on when bitcoin appreciated in value over the years. and so i just dont look, worry concern self with the hoard. i just play with small decimal amounts as and when needed to cover daily costs with the profits of day trading the small allotments

funny part is even when we had the 2020-2020 hype and correction. i put another ~$6k(£5k) into bitcoin after the correction as i saw bitcoin was back in the cheap zone so thought i dont need to sell and a great time to be a buyer so i might aswell throw some disposible income into bitcoin and ride the next cycle for a lil bonus without the risk