$36k is chopper time. $35k was yesterday.
Did we do $35k yesterday? Damn I missed it!!
A quickie, but a goodie.
That's so cute...
Really! But don't you dare buy it with BTC, because it will soon be the most expensive (yet still cute) mug you've ever owned.
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It surely can be difficult for HODLers to continue to HODL when the see BTC prices like we saw in the last couple of days and even once you add up the last month or so, and so HODLers frequently get so excited and even the more self-restrained of them will sometimes be able to hold out until the new ATH or even sell within 20% or so of the ATH to the upside and conjecture that they are "killing it" when they thereafter end up getting reckt through their opportunity cost losses that are subsequently shown by their selling too much too soon.. and sure it is almost inevitable that some folks are going to become statistics.
Agreed. This is not a time for selling (unless one
has to, etc., etc.). Selling now would be tantamount to missing the upcoming (time scale of months) pre-/post-halving price appreciation that history has shown to be a near certainty. Well, whatever makes one happy... I think it's also a stash threshold/marine species/citadel residence level issue. Those with big stashes would not mind selling even relatively large amounts of corn (but still a fraction of their total stash), while those with few coins of even less than a whole coin may not want to give those precious few sats away just yet...
I'd say that those with 100+ BTC would be fine selling up to 5 BTC for expenses and indulgences. Life's short. Anything in the double/single digits would better be HeDL and even topped up if this is possible. All this is better explained using your $2M fuck-you status analysis, which I'm a fan of. I think there is a post of yours with a long table--don't have the link handy now--which explains it nicely.
Again, $2M can vary from fuck-you for some, to fuck-me for others, and corn price also changes (generally rises) with time, so these numbers are not really constant, which is equivalent to octopuses still being octopuses, but feeling like fishes, etc. etc. So it's all kind of relative, adaptive and progressing. And this progression is more positive for those with a bigger stash (value appreciation), and more negative for those with a very small or no stash (more difficult to accumulate--same fiat buys less BTC). An informed decision to sell or to buy or to HoDL has to take at least the above factors into account, and not just listen to one's lower brain that tends to want a LHB-type gratification.
It's just a few months before the next halving. Not a long time. I'd wait it out, let it happen and re-evaluate things in late 2024.
