Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Gachapin
on 23/10/2023, 18:04:00 UTC
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 prestigious 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.

Best of luck in your new home/location/work. I can fully relate, as I'm in a very similar situation. Will almost mirror your moves, but not just yet... It's not related to the price of Bitcoin, it's just not the right time for me. But it's close, and the price of Bitcoin will hopefully almost certainly be much higher by that time, which will make things much smoother and the decisions much easier to make.

We only live once, there's likely no afterlife, so we'd better make the most of it while we can. Our stash will be worth nothing to us if we end up old, sick and unable to enjoy it.

+1 WOsMerit.

If you have descendants then of course it might be a good idea to leave some for them, when you go.
Especially if BTC succeeds through the next generations, even a tiny amount today will become an absolutely live-changing amount in the far future