Well take this guy I know he is in at around 25k
Simple math. Take the case of " this guy "
He buys 1 btc at the average of 25k from Nov 2022 to fall of 2023 it became became 93k.
So Sell off .3 coins get 27k
all cap gains is negated by dumping mined coins in Oct 2022 and having a 51k loss carryover. so the entire
27k sale "this guy" keeps.
This means "this guy" has 27k cash. This guy invested 25k cash back in 2022 and " this guy" still has .7 coins
Okie might be missing something here but wouldn't "this guy" have 0.7 BTC + what ever he invested back in 25k + 2k.
Did "this guy" lose the 25k he put back in?
If it all zeros out 'this guy" is 2 grand ahead. So bloodbath in terms of BTC crash can't happen to "this guy"
and at the moment "this guy" has .7 coins worth about 60k along with 27k. And he had 25k in nov 2022
There won't be a blood bath for him in BTC.
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Also many on this thread have 10 or more coins (not me) at under 20k invested. Ie 20k became 930k
Some simply shaved a coin off. they now have 93k (owe tax on it) after tax they may have 60k and 9 coins
left they do not worry about a blood bath.
If "this guy" lost it, you would have been better off holding and the 1BTC would be worth 85k(based on your .7=60k math).
you have zero concept of risk magement.
the 10 to 9 coin move means zero risk of a loss and retain profit.
while 9 coins can still grow.
It also mean you can have some enjoyment of your earning.
A lot depends on age and bloodbath avoidance.
which is the original post I quoted.
You are simply advocating 100% all in at risk of it all while I am advocating taking out 10% and ending the risk of no profit.
My way no matter what a profit was turned your way you simply are asking to be a victim of the blood bath
when you do not have to be.
I am happy you feel that way.
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But I watched a guy hold 500,000 shit coins that cost him 1,000 dollars turn into 350,000 dollars and then fall to 30,000 dollars .
So my response is if he shaved off 50,000 coins at 35,000 usd he could laugh when the crash happened.
And in fact purchase back the 50,000 he shaved off.
All in advocacy means you just hodl and at some point selling 1 or 5 or 10% makes some sense.
you still hodl the 90 or 95 or 99 percent you did not sell.
Poll
