Wow thanks for all your messages, and all your encouragements! I've read all your messages, they sincerely made me happy, I'm glad to read so many positives answers! Sorry I won't be able to answer them all individually, I think you will understand
To answer those who ask me if I had pay the house directly in BTC, the answer is no unfortunately. In absolute terms, I am in a country where it would be more or less possible to find homeowners who would be willing to sell their property for BTC, or at least in stablecoin. However, I took a partial profit a little before the BTC ATH, I wanted to "freeze" the funds (I mean in FIAT perspective) so I could buy later when I found the perfect home. I didn't want to risk not having enough funds, or selling almost all my BTC if he dropped significantly in the next months/year.
In retrospect, when I think about all this right now, I think I could have swapped BTC for stablecoin, and pay for the house in crypto (or even rebought BTC via FIAT but I didn't thought about it at the moment). I have to admit, though, that I have very little faith in stablecoins and so the idea never occurred to me.
Otherwise, yes the moment of the sale was quite difficult for me, I was extremely afraid to sell at the wrong time. Knowing when to get out of the market is much more difficult for me than knowing when to get in. We all know, it is about psychology
That's why I wanted to keep some of my sats, you never know what the next day will bring
I am impressed that you took a very nice decision of swapping the coins immediately. It was a crucial step considering the prices wobbled in the later timing. BCH was way down so you could have lost a lot of money in the process. At least bitcoin kept some resistance and that might have benefited you.
I am not sure if bitcoin is a real retirement asset considering its volatility, but yeah why not we should have trusted both ways and continue to hold always.
(I think this will answer to Renampum too, most of my BTC were issued from BCH solo mining and swapped to BTC after each block, regardless of the value of the pair BCH/BTC)
Yeah it was risky to do all-in in BTC, but betting on any altcoin was too risky for me! I just took advantage of the low difficulty of BCH and took the bet of solving enough blocks to reach a target in BTC. The difficulty for BCH mining (and BTC too) was significantly lower than today, I was super lucky, most of the success I had with my plan was only due to luck : blocks solved, BTC price increasing etc...etc.. The great luck I had is that electricity was ultra-cheap where I moved at this time, almost free if you think in usd.
About BTC and retirement, you're right. It is just another bet I'm doing, I am not sure how it will end, but I have a strong faith in the capacity of Bitcoin to grow more and more in the next decades. We will see
Thanks again for all these messages! I wish to all of us all success and perseverance in our projects, I hope we will all reach our targets!
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