Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I was planning to install Solar system in my home for last 2 years because electricity prices are too high and there is lots of load shedding specially in summers. Temperature goes high to 40 - 45 Celsius here (Pakistan). This bull run is a blessing for me as I have acquired necessary funds to finance a solar system that can run 2 Inverter Split AC. I feel so happy while placing the order today.
Big thanks to BTC and an example of how Bitcoin is helping people in improving there living standards.
Hopefully it is ONLY a small part of your BTC stash since it does not seem to be a great time to be selling BTC... to each their own.Big thanks to BTC and an example of how Bitcoin is helping people in improving there living standards.
Don't worry I still have bitcons that I well sell only once Bitcoin strikes 100k.
Moreover, our journey with Bitcoin is never ending. We won't stop accumulating bitcoins no matter what circumstances are.
According to your forum registration date, you are ONLY barely 4 years into bitcoin, so yeah, maybe I can give you a break on the solar panel system, but still I can hardly consider that you would necessarily be in a position to be selling very many BTC, especially since you are claiming that you are still in accumulation mode.. so why sell with one hand and buy with the other.. since you are the one who says that you are supposedly still accumulating.
Don't get me wrong, I am not trying to yuck your yum, but selling BTC does not seem to be a mode to accumulate more BTC... #justsaying
Certainly not.
When reading WatChe's explanation i remembered when i was offering my brother in law 0.2 BTC for roofing (i wanted to help his poor heroin-addicted ass), i think the price was pretty low, not much after the mindrust-event, when he replied "BTC will never go over $10k again" and refused, while he happily took the equivalent amount in fiat money. Well, months later, at a very similar stage of last cycle, i still had the 0.2 BTC, sold them with another 0.4 BTC which i had invested in the early bull phase ($9k to $25k-ish it was from in to out, rougly), which were destined to help financing the house extension, because Covid drove up the material prices (only by about 2x so far, lucky me).
However, i was aware that selling this early wasn't the way to accumulate more BTC, but it was helping to raise the value of our home (in case we have to sell our home some day, to leave the EU) and increased the overall quality of life at home.
I wouldn't do anything different if i had a second chance, though.
But, yeah, JJG, it is what it is: A tradeoff (in various ways i won't cover explicitly).
In the case of WatChe, i can just congratulate him that he doesn't put the fiat from his sale into more or less useless, needless things and/or services, while keeping the BTC would have been a little better (in future hindsight, practically), but don't forget: YOLO.
@WatChe: Take care for proper cooling (airflow! for better performance) and spacing (for repair issues) around the panels. And electric security. A burning roof is not a good roof
We're speaking several hundreds of Volts with a good Amperage.