Post
Topic
Board Speculation
Merits 4 from 4 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
OutOfMemory
on 04/11/2023, 23:02:14 UTC
⭐ Merited by JimboToronto (1) ,AlcoHoDL (1) ,jojo69 (1) ,JayJuanGee (1)
You always say that there is no point in Hodling Bitcoin forever. We must sell some of them with time when we are getting good return. If someone has average price in double or triples then wont it be good idea to sell them when Bitcoin touched its ATH of 67k.
What is point in making some profit from investment that you cannot spend. The joy in investing is being able to spend some of your profit without tampering with your capital. People who will choose to sell off some of what they have been holding after the increase in price to me will not be doing something wrong.

Cannot is incorrect. Wantnot it is.
Why would i change my Bitcoin into useless fiat to buy me useless things i don't need?
But take this with a grain of salt, because i am very different in spending behaviour. I'm not about look and feel of being richie, beautiful (well, i'm lucky too), brag with the newest iPhone (what?! it's old already?!), Lambo or lakeside villa. But if it's about things i need, i'm all in, most of the time. For me it's like changing the useless (cash) into the useful (telescopes, as a bold example), but even then i try hard not to overshoot and choose the used $500 telescope over the new $20k astrograph.
I (think i) need a small house in the mountains, with neighbors so far away, that i would not bother. I wouldn't even introduce myself to them, just live my interest heavy, spiritual life without getting bothered or bother anyone else.
So, it makes sense to me, that i do the notspend on my coins, until i can spend it for the autarkic mountain house, and it makes sense that i spend less of it, the earlier the better.
I do not sacrifice anything tbh. For example, i was eating out every second day when i was young, i already had a "small scale" luxury life, but if i would have kept it focused like today, i would already live in such mountain house today. I am not interested in repeating or sustaining errors. Be aware that you got one life to make do things right. No more chance  Cool