however as much as i believe bitcoin is the future of money/wealth/store of value/whatever you want to call it i do live in the present. and i do realize that my "plan," while it has worked in the past, may need drastic revision at any point.
never stop learning.
Fair enough. If all of a sudden, some very large and unanticipated expense rolled into your door.. you might have to say fuck. And, you might have liquidate a decently large portion of your bitcoin's even though it was either last or towards the end of you liquidation list.
Nice for us to have those kinds of options, even though they do not necessarily resolve all issues that might end up coming in our direction.. including some major issues that could undermine our bitcoin stash, too..
I am in a similar situation to the one you describe and probably the solution is to sell BTC, this is the true magic of Bitcoin, the alarm light of the Fiat reserves has gone on, according to my plan, I cannot face the unforeseen and continue decapitalizing me, BTC will save my ass like other times.
No need to comment on the reason for this decision, we have enough shit in this 2020
As soon as I can recover financially, I will start buying again
Nothing changes, the same VB1, Bull, StrongHat, but practically with 0 BTC
Well, you gotta do what you gotta do, and yeah sometimes there just is not enough resources or income, and surely for some of us, we have luxuries of having a cushion.. or having had built a cushion.. but sometimes that cushion can be taken away.
There can be some benefit, perhaps, of attempting to sell on your own terms, and maybe selling now is relatively better, after a 150% bounce, rather than selling in the $4,500 territory at a time that would not have been of your choosing.
Surely, right now, is NOT likely a time of your choosing either, so then the next matter might have to do with your age (timeline) and how much time that you have in order to build your savings and investments.
When I look back at my earlier days of investing, I always thought that I was building my investments with the passage of time, but part of my building had to do with investing in my education too (which was an expense that took away from monetary investments.. causing debt)... so likely that paid off for me, but it does not always pay off for other people, and probably I got lucky because I did not even pursue my education based on considerations of making money, so in the long run, I got lucky to have been able to make money on more whimpy soft skills rather than the sciences and the other possible money-making kinds of degrees.
I feel good that I had never been forced into liquidations of various financial positions that were not at times that were somewhat under my control.... but still, it can take a real damned long time to build a financial cushion that allows NO necessity to have to dip into assets/investments that you want to keep separate from your daily/monthly expenses.
Hopefully, you can hang on to a small portion of your BTC, even if it might only be .1BTC or some other relatively modest portion...and yeah, of course, I don't even know what you are starting with.. so maybe you only have accumulated .3BTC.. so you don't really have a lot to work with... but anyhow, the punchline should ultimately be with any of us that we should be attempting to draw whatever resources that we can from other avenues rather than bitcoin and thinking in terms of sound money and there are some people who will float a certain amount of debt too, in order to maintain their BTC investment, and sure I don't have confidence about how wise it would be to go to debt first or other resources that you might have available to go to first before cashing in on your BTC, but sometimes favorable terms for debt can be made, too... or other resources... perhaps? perhaps? Don't know your details, of course.