Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 15/11/2022, 22:57:20 UTC


Next time, I am not waiting even for a new ATH, will probably sell a large % portion earlier (if we ever get there-to my undisclosed current sell target).
It feels silly to sell at 16K, though, so I don't.


You're going to end up really disappointed if you do that.

Well, I already did not sell twice: at 20K in 2017 and 69K in 2021, there would NOT be a 3rd time.
Albeit, I also did not 'mindtrust' at $175 in 2015, $3100 in 2018 and $3800 in 2020.
Part of it is age...waiting for 10 years makes no sense to me.
However, I am not going to sell all...maybe 30-40% or so.

Same here and it might very well be a third. Why on Earth would you sell so much without even a new ATH?

Are you in desperate need of liquid funds or something?

Yes when reading your post I had Mindrust in mind. I almost added "be careful not to do a mindrust" to the end of my post.

Just sell what you need in immediate liquidity and keep the rest until we get anywhere close to final state valuation. We are not anywhere close to that. I mean Bitcoin market cap is only 2x ETH. Just that relative valuation should tell you enough already.

not in need of funds and not selling before roughly 3X from here, but will not wait for 150K.