Well friends, my DCA days are over. It's time to start selling. I'm a little sad to spoil my stash, but it's about something important. For years I was not satisfied with the city and the institution where I work. I was recently invited to a prestigious institution with better pay and less working hours. For opsec reasons, I don't want to say what I work, I'll just say that it's a very good position, and only 1 month of working days is required per year. My work is a hobby and there is no question of retiring, because that's what I'll be doing anyway.
The city is large, with a rich history and culture, with many places for entertainment, recreation and restaurants. The people are good, cordial and I feel very well there for 1 year now. So I decided to buy an apartment. I'm putting off the idea of a house for now because I don't have that many bitcoins. My plan for the apartment is to use a mortgage, paying only 20% of the price now. It's a small percentage of my bitcoins, so I'll be able to swallow it. When the price reaches some level, I have decided to repay the entire loan by selling bitcoins, and my goal is to sell no more than 10% for the purpose. It's all worth it, because it's how I drastically change my lifestyle in the right direction. And I'm insured with my bitcoins, in case of financial difficulties to sell some more and not lose the apartment.
congrats!
a while back i sold a respectable chunk of my corn to retire early. best decision ever. bitcoin is a tool and there are many ways to use it. so dont second guess yourself and enjoy the benefits bitcoin brings.
Even though I don't really disagree with your overall point vapourminer, there seems to be a decently-sized difference between you and ivomm, and ivomm has not been in bitcoin even as close to as long as you, and he had also been engaging in a variety of early sellings along the way and even trading and other kinds of over doing it in terms of trading using various forms of leverage too.. so I don't really have anything against ivomm, but I doubt that the measured-ness and the cushioning of his BTC selling is even close to yours.
Thanks for the warning... I get the sense that now I am going to be better prepared to be able to panic in the future when "we" bitcoiners have continued to fail/refuse to sufficiently build and prepare like you would like to happen in these here parts.
What do you suggest? BIGGER blocks? A change in BTC's governance? Or something else?
I've already said everything pertinent to the subject. Do you expect me to repeat myself? I try to avoid discussions that go around in circles these days. I know your MO is to use a hundred words when three would do but some of us have other things to do.
No problem. I have largely said what I was planning to say on the topic too.. at least for the moment, but surely it might become more of a theme in these parts, depending on how quickly or well the lighting network fixes might be (assuming some kind of a fix) or even also depending on the various attacks from large third-party players who would like to get rich upon bitcoiners and perhaps do not have any good intentions in terms of allowing for individuals to mostly freely use bitcoin without having to get permission from governments and/or from financial institutions.