Original archived Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Scraped on 13/06/2025, 13:16:22 UTC
me a trader, as in day trading? nope. seems pretty high stress. and im retired.
and sell on the way up without worrying (too much anyway) about tops? yup. as i said im retired.
bull runs rock
It seems to me that as long as any of us do not sell too many bitcoin too soon, then there are ways to pace our sales in such a way that the value of our bitcoin is likely growing much faster than the rate that we sell it, so in that sense there can be a lot of power in making sure that we have enough and/or more than enough bitcoin, since many income sources for retired peeps do not tend to keep up with the debasement of the dollar and/or the cost of living increases, yet it seems that bitcoin does, as long as we do not end up selling too much of our stash too soon. Hopefully that has been your general experience, without my necessarily needing to outline some hypothetical.. even the Mindrust 10-ish BTC one from my earlier response (above).
my strategy has been (more or less) sell enough during the Good Times to last through the Bad Times. and with bitcoins 4 years cycle wasnt too hard to figure that out. of course i figured that out only after after getting a bloody nose the 1st cycle lol)
thats mainly why i (and presumably others here) cruise through bear markets just chilling.