I really like seeing US policy turning more and more pro-Bitcoin. If the plan to establish a Strategic Bitcoin (BTC, not crypto) Reserve really goes through, we should expect to see a huge, possibly order-of-magnitude (10x) price increase in the coming year or two. It looks like 2025 will be a very interesting year for Bitcoin HoDLers, different from (and better than) past cycles. It could even mean that the "rinse and repeat" cycle strategy of some of us should, perhaps, be revised to something like "never rinse, buy when you can, sell when you must". I, for one, am very hesitant to sell large chunks at the supposed peak of this cycle ($200k? More?)... Will it really be the peak, or the beginning of a major long-term uptrend? Will there ever be a "Bitcoin winter"? Perhaps I'm too bullish and will miss the chance to multiply my stash by "selling high, buying low", but I just can't bear the thought of selling and not being able to buy back.
It's kind of sad that the EU does not follow suit and is still very anti-Bitcoin, but the US is bound to affect EU policy sooner or later.
Onwards and upwards. What a time to be alive!
What's that saying... "This time it is different"
For me it sure feels the same, just another set of different players now!... My plan to take some off the table is still in play...
But you are right in saying....
"What a time to be alive!"Yeah, it may still be the same, but with bigger players. Something like a peak of $250k-$500k, followed by a big dip taking us back to 5 digits for a couple of years. I'm also thinking of selling some (probably small) amount, and keep it in the exchange to buy back later. It's just that Bitcoin has become so precious (not only in monetary value, but also special in itself) that selling it for fiat just feels like a really bad idea...
Will see how things go. Either way, it's a win-win.