Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Don’t fall into the take profit trap $118.8k isn’t it.
by
SatoPrincess
on 13/07/2025, 22:59:31 UTC
⭐ Merited by JimboToronto (1)
I don’t blame people who took profits from these prices. I can’t. You shouldn’t too. Will you pay for their loss if btc drops to below $100k next week? You might say they haven’t lost anything as long as they keep their bitcoins but let’s be honest here, we still live in a FIAT world where we price things using FIAT.

So if a guy sold his coins to buy a house, I would only congratulate him as that was probably one of the smartest decisions could be made.

If it is a car? It is not as smart as buying a home but it is still close as long as it is not a luxury car which I consider a liability.
I wouldn’t be as enthusiastic selling my coins to buy a house on a mortgage that I have to still pay for the next 10 years. I consider that a liability just like a luxury car is considered a liability. Unless you can afford a house outright, I don’t think you should be so eager to buy one.