I am blown away...still.
But this bearishness...what is this? Ahhh..I see now..this is reverse psychology.
Its a classic dilemma. Its very easy to project what you desire into reality.
I am confident your expectations will be met.
Well, FWIW, just placed a sell order for 60 BTC @ $17k.
Time to start lining up my end-of-Q1 retirement plans...
Is 100k going to make that much of a difference? Different people have different goals..but to me..a 100k price dif(ie 15k to 17k) would not be enough of a change for me alter plans.
Bob..Im already retired..and 100k is less than a half years wage for me. How many years do you expect that 100k to support you? Half a year? 3 years? 10 years? 30 years.
I guess what im trying to say is if that small change(for me) is going to radically alter your retirement profile...maybe its time to take a second look at your portfolio.
Toxic: I understand what you are saying in that there is not much of a difference in selling 60BTC at $15k or selling it at $17k; however, if we take the matter from Bob's perspective, he is likely not really talking about a mere $100k difference, but instead, just attempting to play his cards in a way that he considers to be reasonable, and better strategies usually tend to be to sell when the price goes up rather than selling when the price had just gone down. So if we are bouncing in a trading range that includes $17k, then better to sell at the top of the range rather than the middle or the bottom, no?
Sure some of us may assert that Bob should have already made up his mind a week or two ago, and sold when we were previously at $17k a day ago or so; however, in his defense, I think that part of the issue here, remains that Bob seems to be in the middle of making his plans regarding exactly what he is thinking about doing, and so he is providing us with a kind of blow by blow account of his decision-making process, which seems to be an attempt to sell upon BTC price rises, rather than selling during a period in which the BTC price had just dipped or could be in the process of further dips.
Sure, I may be getting this wrong a little bit, but the approach of selling at (or near) the top of the price range does seem to be a prudent one, and maybe the amount difference is not so much the issue as it is an attempt to be financially responsible, perhaps?