If you were up 50-100x on your Bitcoin, would you sell 10-20% of your stack to meaningfully improve the quality of your life and maybe the life of those close to you?
If the answer is YES, then don't be pissed off with those who've been selling for the last few months.
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Replies (7)
Exactly
🤝
Why would you have to sell Bitcoin to do that? Just spend it. Anyone can do whatever they want with their coin though, so reason to hodl if you’re never going to use it.
Well, sell it by spending it. You'd find it fairly difficult to spend BTC directly to meaningfully improve your life. We still live in a time where you have to exchange the BTC for shitty fiat, so you can buy what you want with the fiat.
We are lucky enough to live on Bitcoin and spend it nearly every day! And I would say our lives are very much improved, even more so from stepping outside of the fiat system altogether.
Then I'm happy for you. My thoughts are that for some people, meaningfully improving their lives means buying some land somewhere and leaving a peaceful life there. Those kind of transactions are not common to be done in BTC. Of course there are other things that you can directly spend BTC on.
You can do that with Bitcoin too 😉
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