Thanks for all the replies. I’m not gonna quote all that though 😂
First of all, I don’t try to cash out in an illegal way. I want to do it all by following the law. It’s no joke in Germany to mess with the tax people. My cashing outs would be tax free anyway. One concern is that I don’t trust governments. And with the (climate change) agenda they are pushing, I think we don’t have a lot of time left to social credit scores and CBDC. I don’t wanna dive into conspiracies. But I don’t feel comfortable having big money on my bank account and the government having access to it.
Also I don’t plan to spend it. I still live the life I was living before Bitcoin. I just want to have something on the side for the worst case scenario of a black swan event. When I got into bitcoin it was all about “fuck Wall Street, fuck the banks, fuck the government”. And now it’s “yihaaa we have Wall Street, banks and the governments joining Bitcoin”.
I have trust issues and can imagine they be acting as Trojan horses in one way or another. However. Also I don’t trust Michael Saylor. It needs just one tweet like “Michael Saylor starts selling his Bitcoin” and all hell will break loose. He can talk all day about how much he believes in Bitcoin. But these people are not trustworthy. Too much wealth concentrated in one place is never good.
I probably gonna follow the plan on selling 10%. Not even by price increase I think. Just 0.1 per week dca out. Unless the price drops too much, then I keep holding. Like under 100k Euros I won’t sell. Just have to figure out what currency. Maybe some fiat on seperate bank accounts. Some as usdc. Some as USDT.