Yeah I'll probably sit down and figure out certain percentages to sell at certain price levels to achieve certain goals. That seems to be the reasonable way to do it.
Bob's discipline in doing so has been inspiring.
Bob's discipline in doing so has been inspiring.
Perhaps, but this course of action assumes long term stability in the currency you exchange to. Can we be so sure?
I feel totally fine selling small amounts of btc if I need cash soon (it rarely happens). I was planning to sell some moderate amounts at $21-23K (due to some technical considerations), but the price did not happen as of yet. If it takes a year to get there, i am not sure that I will have the same conviction (to sell).
At some point we would be able to easily exchange relatively stable cryptos for relatively stable currencies and/or goods. We are not there yet by a large margin.