A colleague of mine says, in a conversation with another and me, during a night operation, he remembers when I told him about having bought a certain amount of coins and the price was around 1000$ and he thought I was crazy, now he recognizes I wasn't crazy after all.
He didn't remember right because the price was lower than that and I mostly got the coins trough mining LTC, but that was still good to hear, although I would rather not talk about my stash now to people...
Only thing sad is that the stash is significantly smaller as I lost coins in various foolish endeavors, but such is life.
As for the price, it's good it's high, although it makes buying more seem a bit pointless. Then I remember I'm predicting at least a 200K price in a not too distant future so it's still cheap.
There surely can be dilemmas for any guys who have already accumulated a decent number of coins, but still have not yet arrived at (or close to) their own entry-level fuck you status. No one can really tell anyone else what that level might be, but each of us surely should have abilities to measure our own individual factors, but even the measuring of individual factors still might not be enough if we are still dependent upon the BTC price to rise.
What to do?
What to do?
Of course, when in doubt accumulate, but still if you are doubting that, then maybe the next level of what to do would at least be to HODL..
Once you have enough cornz, and even too much (if such a thing is possible), then you will likely be able to determine that you have enough and/or too much, and we don't necessarily need to go into those kinds of details, at this time... especially if the current dilemma has to do with whether you already have enough or not.
Of course, I find it somewhat problematic to be overly dependent upon BTC spot price to help you determine what to do, but surely spot price is not irrelevant, either...so if the price were to really go to $200k or so in this particular cycle, then what would be the plan? Are there various points to shave off a little cornz (that would presume that you have enough and/or too much)? or just hang in there and just watch the BTC price to go up (if that's what ends up happening?). I would have a difficult time believing that the BTC price would become stable at $200k, even if it were to take a couple of years to get there... but how many legs in advance are we considering in these kinds of speculations? One leg at a time or something else?
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