MultiversX Tracker is Live!

Some thoughts for people if their BTC position is "life changing"

Bitcoin Reddit

More / Bitcoin Reddit 74 Views

These are just some thoughts. Not advice. Do what you will.

  1. There are people who bought at a dollar and sold at 100 dollars because it was life changing wealth.

  2. There is something to be said for selling down to the point that you can sleep at night.

  3. There are people who can't sleep at night because they bought Bitcoin at a dollar and sold at 100 dollars so that they could remodel their kitchen or something.

  4. Allocation isn't a binary. When you sell, you don't have to go all-out. When you buy, you don't have to go all-in.

  5. If you sell, what would you buy that you expect to outperform Bitcoin or that makes you happier than owning Bitcoin?

  6. What convinced you to buy in the first place and has that situation changed?

  7. What does life changing even mean? If you are rich, will you be happy or will you simply be an unhappy rich person? Does selling Bitcoin really "fix it" or might it just break something else later on?

  8. Are you thinking clearly, or do you just have PTSD from the last bull market?

What did I miss?

submitted by /u/zenethics
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments