Post
Topic
Board Economics
Merits 1 from 1 user
Re: Financial Independence Retire Early [F.I.R.E]
by
tabas
on 09/01/2025, 19:21:53 UTC
⭐ Merited by JayJuanGee (1)
To give you an idea, it's not that much compared to all of you in here but I can say that hopefully when BTC hits the ceiling, I can say that I can live with my life with less pressure.

One thing is that bitcoin is designed to go up forever, so if you think that if bitcoin goes to a certain price, then you are selling it, that seems to be problematic from my point of view.
I'll take some chunks but there is no point of having an all-out exit point at that time. I'll use that money to generate some other avenues for making more money too so that I won't have to sell the remaining I have.

~snip~
That makes sense, I agree that there are some trade-offs and decisions where we're in a situation that we either choose to get stuck in the midst of it or choose the traditional belief that we should also go with or choose to be different and take some risks. As for your case and the most of us here, we did chose the latter and the trade did well for us, ofcourse to the ones that have held Bitcoin even until now. I think it's harder in the past years to invest and sacrifice some money just for BTC because there were less recognition, more FUD, more scary sentiments and thoughts from the finance sector but those who took the risk, here we go, we're on the greener pasture.

Selling your house is one thing, and choosing to not even buy a house (defer the purchase) is another thing.  I remember times in which folks were really excited about selling their bitcoin and getting into real estate, which I know is an ongoing lingering dilemma for some folks.
Even until now, if you'd ask some holders, they'd totally answer to buy a house after selling BTC. So, I think it always ticks on everyone's box about having real estate and many are willing to sell their BTCs at the right price for it.

~snip~
That's part of my plan and that's why even though it doesn't sound like a good plan to sell some at the right time, I'm pretty sure that to expand in other ventures, assets and businesses is where that huge part of sold BTCs will be going. I'm not entirely going to sell the most from the little that I have but I'll keep the remaining ones and hopefully earning from dividends, rents or any other passive incomes will give better cashflow so that I won't have to sell the remaining that I have. Thus, it will help me to buy back and DCA. Other thing that sounds good is with REITs, no need to manage the tenants, no renovations needed just pure dividends but also depending on the market and the REIT that will be chosen. People think that these replies are wall of texts, if they get some time in reading what you folks are saying, they're having a free webinar and learns a lot within few minutes of reading.