I have been buying bitcoin for the past 8 months, in that time I have amassed more than I had planned, I have also learned a great deal about bitcoin, this causes me to buy more bitcoin, and this is the problem.
I initially decided to buy bitcoin because it is the safest of all cryptocurrencies etc. and fully intended to sell it When the next bull market was in full swing, I have now learned that it is actually priceless.
Now here is my problem, I don’t think I can sell it, ever. I will probably never hold bitcoin at a loss after the next halving. There must be many in the same situation as me. What do you plan to do with your bitcoin? Will you sell it in the next run, or greedily hoard it like Smaug? Or both?
What is the end game here?
Edit: Thank you all for your responses, I have learned a lot from you.
The consensus here seems to be “don’t sell your bitcoin necessarily but rather spend it as you would cash when you need to make important purchases”.
There is a wealth of wisdom and experience in this sub, you are all very helpful and thoughtful.
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