This is why you need to stay solvent.
People will hate to hear it, but forced selling destroys you.
It is always the worst time to sell.
I fully understand the logic of the single dude/dudette that is all in, or even living on a bitcoin standard. I really do, but as the man with a family, home, and fiat orientated commitments, I do need som flexibility in the form of a fiat pot.
The longer time passes, the propensity to need that fiat pot will diminish, but today, right now, without it I too could be forced to sell at the worst of worst times.
Maybe it is stubbornness too. It’s almost unthinkable to be forced to sell bitcoin lol. ( It would feel like a personal failure where ‘somebody’ did get my coin )
My old landlord served an eviction notice at the exact bottom of the last cycle. I tried to explain and asked if he could postpone for a couple of months but he didn’t listen.
He timed it perfectly. What a cunt.
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Are you making your environment (merchants, restaurants) adopt Bitcoin or Monero?
Because if you don't, you'll stay a slave to the fiat system and nothing will diminish over time.
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