Damn we rich, yo!
As always, corn exceeded everbody's expectations from $4000 to $30,000 in 7 months.
Imagine how rich you will be if you hodl the majority of your coins 2 cycles later.
Even if holding your coins might be necessary or a prudent thing for you, you seem to be presuming too much about the situations of various members.
In other words, there are ways to shave off profits along the way, including that LFC has already been holding for a couple of cycles..
Sure, maybe he can tweak down or whatever, but at some point, it makes sense to be shaving off profits.
By the way, I totally agree that it could take a couple of cycles for anyone to really be in a good place for selling.. but surely there is a lot of individual circumstance variation that needs to be accounted in order to figure how any HODLer should deal with and manage BTC price rises..,. and surely also a matter of how much has been accumulated over the years. Some people might have entered into bitcoin in their early 20s, and really have not even come close to reaching their higher levels of earning power, so how would have they have been able to stack sats without much of a cashflow.. so all of the factors need to be accounted before making too many blanket statements about what is going to work better for various peeps in this space.
Can ore will you do that until 2030? I highly advice you and everybody here to do so!
Nonsense.
We held out the bad years the rewards are life changing, it would be great if we can celebrate together the ride to a $1 million and above.
There are a lot of us who can sell a lot of coins and still have plenty of coins if the BTC price were to go to $1million, whether it is this cycle or one or two cycles down the road..,. presuming that it does at some point.
Edit: I love how people here reaching their goals after years of hodling, keep'm coming!
Sure ... some of us have found out that there might not even be a need to invest a high portion of your networth (or your quasi-liquid assets) in order to do quite well in bitcoin.
By the way, in late 2014, I was considering cashing out some of my 401k and rolling it into bitcoin, and probably I would have been able to more than double my BTC stash. Even though that 401k has performed pathetic as fuck as compared to bitcoin, I am currently glad that I did not do it.. because it was not necessary in order to do quite well financially and psychologically.
In other words, no need to let greed get in the way... and still do quite well - even with relatively modest investing into BTC..