If I had 100 btc at 73k and did not cash 10 of them I would be kicking myself in the ass now that my 100btc is down to 53k each. as it would be a 2 million loss.
This precise notion that you're losing nominal value in the short term is what keeps people from enjoying 100x profits. The exact same thing could have been said when Bitcoin fell from $200 to $150. If you had $7.3M in Bitcoin back then, that "correction" would cost you 2 millions in nominal value. But, it's evident that whether you entered in $200 or in $150, it's completely meaningless; all it matters is that you entered that early.
Those who lack the guts and confidence are not worthy of the significant gains. It is not me who says it, it's mother nature, apparently.
quote it wrong and fuck around.
learn to understand what you read.
my thread has the coins at 1k and 100 of them.
cashing 10 means 990k cash profit. in the form of 1 million minus 10 basis.
and 90 coins still in your wallet.
i would be having 1000k cash and 90 coins now at 53k
this would mean after cap gains I am at
800k and 90 coins.
I could buy 11 back at 583k
giving me 101 coins worth 53k
plus 217k cash.
so do you want 101 coins worth 53k and 217 cash or
100 coins at 53k
So I can tell you some people are stressed that they choose to hodl at 73k and not sell some.
of course the argument is I am after calling.
Much like ognasty did.
one reason i choose to mine and not worry about large profits that hodl casues