Thanks for your input. And yours as well @Wekkel
Living in rent is always cheaper. And nobody needs to buy an apartment. But I see it as an investment that will not lose value here since its an holiday location. People making shitloads of money with AirBnB here. My plan was to cash out some BTC at 30k€ and buy even more apartments and rent them out on AirBnB. Thats an investment for life. While, I know most of us here dont want to hear it, BTC could go down to $0 tomorrow if every country in the world would put it on a blacklist. Will it happen? Probably not. But two brutal bear markets teached me something. And there will be a third one as well for me, thats sure.
I got into Bitcoin in 2013 and ever since hold my coins. Not even sold $1 of BTC. So at some point in life its time to enjoy a bit of that life. I am 39 and aint getting younger. I mean I could wait another 5-10 years and yes BTC might be at $1.000.0000 then. But then again, I could wait another 10 years and BTC could be at $2.000.000. It never ends. I could drive a Ferrari with 70. But will I enjoy it as much as with 39? Probably not.
You are right, I could invest and wait couple months. But I put all money I ever had into Bitcoin since 2013, besides that $70k on the bank. I never diversified. And what if I invest and we drop down to 4 digits for another 2-3 years? I know I know will probably not happen. But that MtGox and the 2017 crash still sits very deep.
Edit: I agree with your sentiment. I also dont buy BTC to make Fiat. If I cash out BTC, I would asap invest it into something else.
If you have survived 2 full BTC cycles you should have learned when the real fun starts... and if you are seeking advice here it means you're not sure if buying that apartment is the right thing to do in this situation... and if you aren't sure you don't need it trust me... so stop your weak hands whining and HODL private!!! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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We just hit a new ATH in euro. Another of my sell order was tríggered Observing nice uppity. My sell orders start at $50k. No selling until $50k. #stronghands ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) P.S. I'm considering to postpone selling even more if $50k won't be reached soonish. Next target: $75-80k (600w's grandma's prediction)
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No ATH today? Is BTC ded? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Amazing see same members still alive and rich i was here from this forum start,,, but my legendary account was hacked years ago,, my 100 btc was sold in 2014 now just i ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) every day,,, becouse my retiring age is still sooo far ,, take care and enjoy btc until you are alive, wish you all Good I actually love this when such old-timers visit this forum and there's positivity in their posts. Yeah the guy sold everything back in 2014 but so what? He didn't turn into roach, or mindrust he's not bitter, not jealous or something... just wishing his still standing comrades all the best... love it... #nohomo ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Am I the only one who checks the price before and after sex to see how much we earned (or lost) doing it? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I'm past that. Now I check while on it just to be sure. My partners don't seem to appreciate that. Nocoiners... they just can't be helped. Muahaha we think pretty much the same.. . ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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No new ATH today I guess. The day just started ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) If you earn btc via mining or via signature . Selling long upticks is a must thing to do.
ie
12000 12500 13000
wait for it
15000 15500 16000 That won't work in a 2018-scenario where the price keeps dropping, so I can't do this. I am taxed on the value at the moment I earn anything, so the tax amount gets fixed to that price, while the future value is uncertain. That's okay when the price is low, but at current prices, I can't risk being taxed a high amount if the price drops a lot. It would be a great thing to do when prices go up: earn x euro, pay tax on x euro, and sell it when the value is much higher. Capital gains aren't taxed here (but losses aren't tax deductible either). You're saying you're taxed on BTC earnings, is that right ? If so, then sell the BTC amount that will pay the tax at that same moment you get it. I'm already hating paying capital gains taxes (that has been lowered to 30%, it used to be more than 50%), but paying taxes on a value that is no longer there would be terrible. Correct, so I now sell some Bitcoin each week. I keep some too of course ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Capital gains tax isn't as bad as you think: long-term, our tax system is worse. Depending on how much you own, you pay 0 to 1.76% savings tax per year. At the highest rate (which, unfortunately, I don't pay), you're down 16.3% in 10 years. In 20 years, taxes take 29.9% and in 40 years you lose 51.8% to taxes. At least a capital gains tax is only once and you're done. Bitcoin is now more than S-E-X: Am I the only one who checks the price before and after sex to see how much we earned (or lost) doing it? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Haha amateur! How about checking the price during the action? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Not that I'm saying this is going to happen. It's just what I would do in the worst-case scenario. I think it will take a year at least to enter a bear market. And, according to your previous post, we're not going to reach $50k before going into bear? Pfff..... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) No. Read again. Or stop smoking pot, lol. Maybe it's just me or bad wording but I got it like that. Or maybe you can explain what you were trying to say? ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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The amounts that got sold in the last couple days are alarming. Do they know what we dont yet? Cant decide to sell or wait. I mean only the small amount I bought at 21k and 26k Euro. Have a feeling we go down to hell soon...
The spreading of the mindrust virus is alarming! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Weak hands problem ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Not that I'm saying this is going to happen. It's just what I would do in the worst-case scenario. I think it will take a year at least to enter a bear market. And, according to your previous post, we're not going to reach $50k before going into bear? Pfff..... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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tldr: -Dont trade, its gambling. -BTC hodling is an addiction.
Now we're talking! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Told ya. Some guys are blindly bullish. Whales got the news earlier. I think they know some FUD coming out soon.
A dump for ants... recovering... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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The amounts that got sold in the last couple days are alarming. Do they know what we dont yet? Cant decide to sell or wait. I mean only the small amount I bought at 21k and 26k Euro. Have a feeling we go down to hell soon...
I really hope you're joking... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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JJ, alt season is upon us! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) How does that make you feel, CT? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fmedia.tenor.com%2Fimages%2F98ca05821fb0eeb3551b63a549215c93%2Ftenor.png&t=663&c=-flFK_Dosf4_QQ) Given that all the brothels are still in lock down, and escort services are scarce, I'm kinda horny man! #nohomo No Tinder in Greece? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Not only he sold at 4K, but also sold with a -10% loss I think (kinda mindrust stop loss thing). Not only that, he didn't buy any significant sum after that, may be one or two 100$ buys. Not only that, he converted his eur to usd, and after that usd/eur fell by 15%. And also he invested in monero. After that he dissapeared from this thread. In his interview in another thread he shares that he is interested in a more significant Bitcoin dump (the prices were below 20K then). Just lolz ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) OMG and was it Monero that got recently delisted everywhere? That's so sad. That guy is just a total investing failure...
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I'm implying that "нe кaжи гoп пoки нe пepecкoчиш", in English there is no such cool cathphrase, so you should at first get in rich in fact, and only after that - celebrate. This is crypto, too many bad things can happen. Like hackers, criminals with guns and so on.
Ok so you're from Ukraine that explains it. I'm sure you can get killed for owning some BTC there. And this is was my intent to write here - be smart and ready, don't be like in this meme - ugly filthy nerds which think that this will be so easy.
Agreed. You should be prepared and alert at all times in any country. Don't use centralized exchanges, that's all. If you can't - then maybe you deserve to get fucked by life again I've lost 17 % of my deposit on Bitfinex in 2016 hack, and i never used exchanges again for even 10 % of my depo at once. So which exchange could you recommend us (the royal us for sure)? Asking for a friend.... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Mindrust edition. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FFYzwwJC.jpg&t=663&c=rJ_sp23nmnqRnQ) Actually, it is not the fact that he sold, it is that he sold everything (apparently re-bought 1 btc later, which should have already brought it would probably bring him back to the same 40K). Sometimes, when you cannot handle it, sell some, like 0.1% or something to release some steam. BTW, in a grand picture, any sell might eventually look stupid. If btc is 1mil, 33k would look like a pimple on the chart. Not even that he sold it all but that he didn't rebuy a significant amount later...
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Mindrust edition. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FFYzwwJC.jpg&t=663&c=rJ_sp23nmnqRnQ) OMG this is golden Bawb... the funniest meme I've seen this year... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Goodmorning. While sleeping corn dumped with $3000 en went up to another ATH. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FjryY2fE.gif&t=663&c=sf4CbFP2d-lEjg) This meme was greatly underrated imho. We're going to experience much more of this shit along the way. Like 10k down 15k up kind of moves. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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Just wow! My current (unrealized) networth places me in the company of the 900 richest people in my country, according to the official statistics. I guess there are some more hodlers like me not counted by that statistic. Anyway, this is a good occasion to celebrate! Cheers mates! (I've emptied 2 champaigne bottles just celebrating the previous ATH's ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ) Lol, this is reason not to celebrate, rather to worry about. If you're in European country, taxes can be up to 50-60 % of your potential wealth (VAT + income tax) and if you're not in EU or USA you should better run there, because in any other country you have a big probability to lost your head not only from bitcoin price rising. And yeah guys, you can remember my words, but in near future, at least in EU and USA there will be new taxes. And majority of people will support this, because noone wants to feel himself bad while his nerdy neighbor has become a billionaire. in UK for example bitcoin is forbidden now (i know that in fact not "forbidden" but anyway high restrictions) Here is already memes about how "it's not fair": ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDJgf9Xsl.jpg&t=663&c=uzjQbR7Jh0tH8A) So yeah, the great expropriation is coming ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) I see this as a new kind of FUD: you're implying that even if (when?) hodlers will eventually get filthy rich they wont be able to enjoy their wealth? That somebody is going to take their coins by force? That they will be despised by the community? This is BS man.
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