I wasnt ready to wait 5 years.. anyways.. just hodl
The comparative sluggishness of the rise fits in there, but the fall has been of a similar pace and percentage compared to last time.
Either way in five years I'll probably be back in nappies so sooner works better for me.
So, does that mean that you are in your late 60s or early 70s?
Mortality is surely a thing that each of us needs to appreciate in terms of the extent to which we are going to be able to wait out any potential bull run and perhaps start cashing out BTC on a regular basis no matter the price (because we know that we cannot take it with us, and should we really pass it on to others or attempt to use it while living?).
Even though I exercise pretty regularly, treat myself pretty decently, and bang on a fairly regular basis, I still experience some regular signs of my own demise to remind me of my mortality, causing me to think that best case scenario would be that I have about 10 years before I have to begin cashing out on a regular basis, but with any one of us, there could be some life changing event(s) that change our regular cashing out timeline, and cause us to feel that it is good to start the regular cashing out sooner than we had already considered to be prudnt.
I understand that there are some thread participants who are kind of aiming for a certain BTC price in the $10 to $100k arena to trigger their cashing out, which is a related, but a bit different way of considering the urgency of cashing out (versus the mortality considerations).