I thought that Rosewater sold in the $13k territory, so should be sitting pretty right about now, if he does not wait too long to buy back, at least part of it.
It was only 5%, and I actually did end up getting back in with it.
*shrugs*
Thanks for caring Jay.
Surely, peeps can be harsh on the internet, including yours truly.
I think that many of us may devolve into a state of stress at various points, and sometimes we might be forced into a position out of either emotion or lack of preparation, and I have these kinds of discussions with peeps in the real world too. I share some of my views, but people can become passionate, including myself - and we might express our emotions at various times and in differing contexts.
Surely, there can be some relief it you sell some BTC and you are able to buy back lower - while at the same time, none of us can be sure that the last leg of the downturn is over.
So, yes, those of us who have been HODLing and buying all the way down from $19k or $18k to present, may start to get more stressed now, because perhaps, some of us may be running out of money. I, personally, feel a lot better this time around, as compared to our mid-September 2017 correction of 40% down from $4,980 to $2970. This exorbitant price increase, especially from $10k to $19,666 triggered me into restructuring my downside, in order that I could be better prepared for well over 50% price correction, and in fact I purposefully decided to allocate funds for a 90% correction, just in case.
So, yeah, instead of bragging regarding my own preparations, I completely understand that there are going to be a lot of folks who started the bitcoin journey at a different point from me, and therefore they have not been able to either prepare their own positions or even to have enough time to figure out what is going to work for them, including perhaps becoming a bit shell shocked by the unexpected becoming a reality - that was certainly true with how fast we went from $10k to $19,666.
I also understand that even if many of us went through this extremely crazy situation, there are still a lot of peeps struggling to figure out a system that is suitable for them and to learn from the considerable BTC price movements of the past few months - both the UP and the DOWN.. and even our current uncertain place... that is going to more likely continue with volatility rather than stability...
Regroup, regroup and learn and create a plan and tweak a plan, and we know that sometimes the presentation over the internet in a quasi-anonymous thread like this is not necessarily going to be friendly or sensitive to individual stress points... including yours truly.