This all seems a bit strange. My original target when we started raising over 1200 was 3500 but now were here I am not really feeling like selling.
Am I being greedy?
Have I just readjusted based on where we are?
Decisions, decisions
I think the same way. I have a number picked out and say at price X I have Y dollars...so I can retire/buy a boat/etc.
Then when the time comes I start thinking of capital gains and writing a check to Uncle Sam for over $100k to go toward their war effort.
I have looked into every way possible of selling my bitcoins without paying taxes, even with the advantage of being overseas. The best I can do is take out $38k per year. Which means not selling.
And thinking about it more, I feel more secure having my money in Bitcoin than in anything else in the world.
So at this point, the price would have to drop about $2k for me to not be able to retire. And even then, I put aside this year's salary to put toward my first few years of retirement. So even if the price drops to $1k...in 2020 the block reward halves again.
So I am at the point of hodling forever (taking out $38k per year down the road).