I have been thinking about it for a while...
I am going to dump a lot from my stash when this thing goes to moon next time because I want to experience some stuff that only the rich can but I think I'll also do it because, I just want more bitcoins and stay the fuck away from the legacy banking as much as possible.
I want a sizeable chunk out and it's going to stay out. Somewhere around half will do. That's not for the sake of riches, there may not be all that much, more for stability and the ability to focus on other things without having to pay so much attention. I want to be interested, not compelled.
These cycles are just too boring now. It's not stressful or disappointing but I'm sick of being tied to the same old waves of hysteria followed by years of dullness. The idea of doing it all again all in beyond this move upwards, if there is to be one, feels like more than I'm willing to endure.
Very, very little will go into any form of bank.
I share your pain/feeling there.
Somewhere around half looks too much for me though... unless a good chunk of that is for rebuying later. But of course, everyone goals and circumstances are different.
What I don't understand is how to avoid banks here for a sizeable amount of money.
I mean, P2P or even OTC and whatever for the sell, yeah, but then storing heaps of *cash* sounds like a big pain in the ass in many senses.
Also there are lots of limitations on what you can do with that cash... And those limits seem to keep being reduced time after time... And once you go the way of cash you cannot easily convert that cash into banking fiat (which is necessary for any big purchases, like real estate, cars, boats... or even one of those "supercharged" Mac Pro's).
Now THAT reminds me one of the reasons why I didn't sell *anything* in 2017... The logistics and decision making is a big pain in the ass. It is not as easy as just "pull the trigger".