im so panic now
Should I sell some of my #bitcoin ?
I’m a bitcoin pleb and need more people tell me why should I hold
Discussion
Do you have bills to pay?
Any big fiat expenses which would make your life lots easier, like buying a home, retiring on a fraction of your stack, paying off debt which drags you down into eternity? If you answer no on all of these, I would just stay humble and keep stacking.
I can pay with my fiat saving currently
The rule is to always have enough fiat to pay for your expenses. The rest can be in Bitcoin because you don't need to sell it.
Now the price is pumping, you might think, "Wow it's worth so much, I can buy something nice with it." But that's not what you've saved your money for.
Saving money buys you years and decades and generations and ancestry. Don't give that up for short term pleasures. If you spend your Bitcoin, let it be in an investment of equal value.
If You have sold it and can transform stable coins to produce Your's income sky to the moon and can convert to more BTC then hurry to sell it.
No, don't sell yet. I'm actually thinking of buying more for myself. However, I do advocate having a balanced portfolio. BTC should not make up the majority of the value of your investments. If it gets to that point, rebalance.
DCA, chill. Take it easy.
Take profits (what you invested) if you feel like it, and hodl the rest.
But always DYOR and don't act when I'm panic
You'll do fine 😉
🫂🫂🫂🫂
Don't sell, if you don't need the money immediately. Double digit profits are rookie numbers ij bitcoin when the trend is upwards, especially when the trend just started.
Oh yeah the trend just started
Buy more asap. This is just the prelims
Answer yourself.. Can you sleep well?
Yes.. then don't sell.
No.. sell 30% and HODL the rest.
Now, can you sleep with no panic?
Yes, then.. don't sell.
No.. sell 30% and HODL the rest.
Now, can you sleep with no panic?
..and so on until your sleepy pattern is right.
The more you study #bitcoin, the less will you sell and the more will you buy, but that comes with time.
Lol
Bitcoin volatility over last 3 years has made me a calmer person.
Of course not at first, but now I sweat nothing.
HODL. Think 3-5 years out
Because you can memorize 12 magic words and take your wealth anywhere in the world 😃
That’s true
Bitcoin has a hard supply cap. Every bull run confirms its value. It's worth $10,000,000 per bitcoin. That's your price target.
Daaaamn boy, you into rockets now 😆 🚀
How is the target price calculated
Yep, another way to look at it is dollar M2 is only 20 trillion, 20T/21M = $1M/coin
This is a good heuristic
You never want to be in a situation where you have zero bitcoin 🙏
The first question to ask yourself is “why are you in a panic?” 
Honestly just sell it all if your conviction is that low lol
It’s a pump for ants!
Bitcoin will be > 1 mio in 10/15 years
It’s a revolution not a trade
Lower your time preference and you will be rewarded
You will never sell, you sell fiat, you accumulate, and you spend little now, more later (not sell, spend!)
❤️❤️❤️❤️❤️❤️❤️🐣
Hodl tight, stay humble and stack sats !
By holding Bitcoin you are deferring satisfaction now in exchange for more optionality in the future.
Sell some if it suits your needs and situation and time preference. Just don't sell because you are having an emotional reaction.
That said, we are 5 months from the halving, chillax and let the math do its thing.
What exactly makes you so panic?
each time a block is added, I am happy with holding bitcoin. As long as that heart beats I am happy with my investment in time, energy, and soul
Spend it not sell it.
In bitcoin you `hodl' ideally for about the next 4 to 8 years since you've already bought; for each his/her own necessities. In the short term price movements can be so ridiculous that they can become a hassle unless you're really hooked into degenerate or professional trading