Post
Topic
Board Speculation
Merits 4 from 3 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
aesma
on 06/03/2024, 16:12:28 UTC
⭐ Merited by LFC_Bitcoin (2) ,vapourminer (1) ,JayJuanGee (1)
Maybe tweak your plan a bit, but don't go overboard in your rethinking and then tweaking it too much in the opposite direction, unless you have compelling reasons for coming to your new thinking (such as realizing that you were too much of a "whimp" in the earlier plan.. hahahahahaha.. ... I have a forum member to whom I could refer you.).

Well it's a bit like that actually. I'm getting corn out of various places to "consolidate" (not on the same addys) and seeing the amount displayed in dollars changes my perspective a bit.

My plan wasn't well established aside from "BTC is my retirement plan". I don't want to retire in my old age but I figured there was still a few years of grinding. Incidentally part of my change of thinking isn't even related to BTC but to my stock portfolio, it's doing so nicely that I decided I didn't want to put everything into buying a house, I'm looking at cheaper houses, making compromises on the commute time to my workplace.

I haven't bought the house yet so I have 5-10 years living expenses in cash.

BTC isn't high enough (and can/will go lower) yet for me to live off my stash but I have much more confidence it will be high enough in 5 years or less.

So do I continue grinding at work or not ? It's not like I'm making significant money, DCAing at current prices isn't even worth it for what I could get. And my job is boring. If I had something that really was compelling and well paid I wouldn't think about it and continue a bit to be on the safe side, while enjoying myself on vacations etc., but that's not how it is.

Do I still buy the house, get enjoyment out of that, look for another job, just quit this one after giving it some more months, keeping the possibility to get another job if things go wrong.

Do I leave everything and go to Thailand or something (heard there is a new tax law I have to look into it) ?

One thing I might do is take a vacation there, that would help the thinking. When I spent 2 weeks in Vietnam in 2018 I didn't want to leave...