I hereby confess that today I sodled some at 105k+
As I'm bad at timing the market, we will probably go up soon...
Since 2016 I haven't sold anything from my stash... only forks and airdrops..
This is my way of celebrating the 100k mark ... there won't be any 100k parties anyways
0.1% of my stash turned into fiat... enough for ramen + egg for the next week!
Thank you Badger King !
You did the right thing. "Timing the market" often ends in losses, it's really best to sell on the way up, but be aware that i
f you sell more than you just need at the moment, you could well recover your stash with the extra money within the next bear market.EDIT: You guys may notice me posting more frequently again, since my actual daytime job is finished until February or so. It was very exhausting bc of tight deadlines but quite profitable, so i luckily don't have to sell Satoshis for a living.
That's really rempting, indeed. If I sell double the amount I can buy back everything at a 50% drop. Triple the amount, buyback at 33% drop and so on. However I have also had the experience selling too much with the market going up and never coming down again. That's my trauma if you wll