touché
So, you are saying that you did not sell too many, this time?
I ran out of BTC on GDAX 2 days ago at 7147. It would be nice to buy back .01 BTC for 68XX. However, the majority of my holdings are parked in my Trezor. So the benefit of being able to buy back less than 1% of my portfolio for a few bucks cheaper would pale in comparison to the larger loss in value to my overall portfolio. Besides, I just got a new computer with a GTX 1070. I'll be able to increase my portfolio little by little mining shitcoins. Maybe mine BTG, when it gets released.
I was thinking of moving a little bit more BTC to Gdax, but I'm too busy playing with my new computer to be bothered making micro trades on Gdax.
O.k. Well at least you did not run out, but you did make some choices.
Currently, I have put enough value on exchanges to sell up to $13,500-ish, and my sell orders are already set up to that amount, but if the BTC price starts getting close to that amount, or even close to $10k, I am going to have to move some more BTC onto exchanges because I do not want to get into any kind of position that I am NOT sticking with my plan and what I believe to be the best thing to do, which is to sell incrementally as the price goes up and to buy incrementally as the price goes down without ever running out of either bitcoins or cash for whichever direction the price goes.
Accordingly, it is my opinion which I have attempted to put into practice that we have to be prepared for the extremes.. and maybe we cannot be prepared for all extremes; however, the more extremes that we are prepared for then the easier it will be to adjust and accommodate smaller extremes.