Also, why the hell would anyone sell bitcoin so casually, when it has the potential to double or triple in year? Or hell, in a month or two like we've seen recently?
Even the best performing stocks take decades to do that.
a) I sell to meet expenses and taxes. All part of running a business.
b) The utility value of happiness.
For b: Happiness is a utility factor in my view, and being happy is one of the goals in life overall. Deferring pleasure for a later reward is hard-wired into brains (some better than others) which is fine, but deferring too long means that you miss out on a certain amount of happiness in the years between the gratification points.
Thus you need to ask yourself: Is the deferred pleasure of a Lamborghini next year so much more than buying a nice used Porsche this year to replace your POS car? If so, save. But the utility fun factor of a car has limits, a Lambo is nicer than a Porsche but how *much* nicer? Nicer enough to wait a year for? Maybe.
Likewise with financial security: Once you're driving the Porsche opportunities start to open up in your mind on the way to your wage slave job. Maybe you start refusing that stupid promotion because you have tangible wealth and start thinking about being a high value consultant traveling the world on your own terms. Is it worth the added value of happiness to defer that for a year? Maybe, maybe not.
I wouldn't dump everything, but I would say that time is living's prize and it is the one thing that is dripping away from all of us, one second per second. So if you can increase short term happiness without sacrificing long term I would say sell a bit and enjoy. Besides, maybe it will open up other vistas to explore now in your life as opposed to later.
C
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