I see most everyone here is bearish.
So I need to ask, how many of you have basically hodl from the ATH till now.
I will start: I have basically hodl all the time and the little in comparison that I was selling I used to rebuy in the way down. Not a single $ withdraw back to my bank account, not now, neither in 2013/14. Of course I could easily withdraw the total I invested right now if I wanted to, obviously I am not underwater at all, but that's not the question.
I would like to get a better picture of what the average situation is in that regards.
I sold some on the way up but not much this year..
Accumulated in the $250-$1900 range.
Sold some on the way up largest chunk at $3,800 some higher in hindsight too early but I did ok.
Still hold just shy of 50% of my peak BTC holdings. I am short term bearish but not selling at these prices.
Current conditions remind me of the slow crash following the decline from $1000 to around $300. I suspect further capitulation spikes down followed by a long grind and slow climb out that I think will take as least as long as that earlier recovery and probably longer.
I won't be selling more because I think the long term future is very bright, but if I needed the money in the next 24 months I would probably sell what I needed on Monday or Tuesday evening asap but not during a holiday weekend crash.
Just my thoughts but I am no expert.
weee
