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What it means to be a HoDLer:
A couple of days ago I sold some fraction of BTC for $900 (unintentionally caught the top!) just for fun, to test a new overseas bank account for future fiat money transfers. Everything went smoothly, got my $900, but then it dawned on me that I actually lost 0.0123 BTC! Still feel bad about it...
Never again! Buy when you can, sell when you absolutely must!
HoDL.
NO problema. Buy them back.
It takes a while to get used to selling BTC, but when you are multitudes or even magnitudes in profits, and also if you have gotten to a status that you know that you have accumulated enough (and/or more than enough), then it becomes easier and easier to shave some off here and there at various points... and if you sell a small enough amount you realize that you still have plenty.
Saylor should be in the same camp as me... but he is not.
something is wrong with him.
You don't need to be like Saylor.. at some point, you have enough BTC.. and you can start to shave some off.
Don't get me wrong. From what I have come to understand, it is not like Saylor is living any kind of deprived life materially, so yeah, he seems to have plenty of resources to just live.. so he seems to be making some other kind of a point by wanting to gather as many coins as he can.
But normies like us (royal perhaps?) should not necessarily need to live like that.
At some point we have enough and we have more than enough.. and there should be no problem to set some free.. and to let someone else buy them..and get involved in dee cornz.
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I agree with what you're saying, and you are describing my situation quite accurately. The thing is, I have reached a stage when I have enough BTC (even though the amount may be considered quite low for many WOers' standards) that I don't feel I need to buy more, and I also have enough fiat to use for everyday expenses and to sustain a good lifestyle. And new fiat keeps coming in every month. So, why should I shave off from my BTC stash? Yet, I still feel a psychological need to shave off small amounts (a few thousand dollars every now and then), just to enjoy using them for the fun of it. Buying things, traveling, doing fun stuff. And yes, I do feel I still have plenty left, even to the point of not being able to live long enough to really spend them all. It's a strange feeling actually, when you consider that I don't generally have the need to buy luxury stuff. I drive a Toyota and really love it. I would not go near a Ferrari or Lambo, even if you gifted it to me. Having said that, there are many very expensive things that I'd like to own, that would not appeal to most people.
I don't think there's anything wrong with Saylor. His material needs are satisfied many lifetimes over, with his fiat inflows. His Bitcoin stash maybe serves a higher purpose for him. Perhaps, he envisions a time when Bitcoin will give him absolute control and dominance over things that go beyond personal material needs. Come to think of it, this last part doesn't sound very healthy to me, but being a multi-billionaire can elevate one's grandiosity to extreme levels. He seems very likable when he talks, and it's fun to read about his BTC purchases. Those laser eyes... Looking forward to putting mine back on when price surpasses $100k.
BTW, my take of "we" is that, deep down, it's
always royal...