Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Derekfunds
on 19/09/2025, 17:45:42 UTC

but I venture to say if someone went from 10,000 to 1,900,000 they may sell 50 coins or half.

950,000 and 600,000 after taxes works for many

That is why buying Bitcoin should be given the highest priority in the beginning, if you do not have coins, how will you sell them? So it would be most appropriate to invest in Bitcoin and collect only digits. If you give the highest priority to collecting Bitcoin, you will be able to sell it later as you wish, there will be no problem, after holding it for a long time, you can sell it in several steps. It is also very reasonable to sell it little by little several times according to the DCA method.
Everyone will not have enough energy in his body to earn income at the age of 60 to 70, that is why Bitcoin is most suitable for saving in the future. If he invests in it, he can definitely get rid of financial deficiency later.


my biggest gripe is I am 68.

my wife and i retired for the most part in 2012.

So saving and hodling btc skipping profit taking is less attractive.


but i still add to the pile via mining ⛏️ I have a good host and run gear with him.
This is quite understandable. Age is a factor that influence duration of a long-term holding plan. Younger people tend to have more long-term holding leverage than older people. It still depends on when you started holding and when you started shaving profits. I wouldn't make any assumptions here since you're an old guy and It's still cool that you've a way of replenishing what you shaved off your portfolio through mining so you're still in the game although not as effective and profitable as it would've been if you were just holding and not shaving off profits.

instead of millions i am at a few hundred thousand.


but a few hundred thousand is not terrible.

if you count new cars i have leased or purchased since 2014 I am ahead over three hundred thousand.

Plus i add coins with mining


@Philipma1957 don't you think if you would have used those money back then to invest in Bitcoin it would have been more meaningful or useful now because I can remember very well that the price of Bitcoin then as at 2014 was not up to half a thousand dollars but look at the price or worth of Bitcoin today but I believe you had a good portfolio then. I think it is not even too late to start investing in Bitcoin now because the price of Bitcoin will keep on surging and in years time or coming we would reference the price of Bitcoin as at 2025 just as we do reference the price of Bitcoin as at 2012, 2013, etc. I believe the best thing to do is just to accumulate and hold for a long time.