May your bitcoin time continue to double!

In the old and foolish days of bitcoin, the general rule was “never sell more than half at a time.” This was naively said thinking that in 4 years you’d be back in the same place. But it didn’t work out that way…price rose so fast that you felt like you had even more…which made you feel ok spending another half. The reality is that once you first sell, you’ll never get back to a stack of that size.

A better rule would have been, hodl until you can’t and then see where you are and how best to raise lower quality funds like dollars when necessary.