Replying to Avatar Brad Mills

I’m really struggling with lifestyle FOMO right now.

I have been a good HODLer for the last many years.

I sold some BTC in 2017/2018, after taxes I used the money to invest in companies, diversify into real estate and take some trips / make some films etc general lifestyle improvements.

I wanted to buy a Tesla X and build a dream home.

After some thought, I chose to frig the Tesla (even easier decision to stick with when Elon started shilling DOGE) and take the same money I’d have spent on 1 dream house to instead use it to upgrade my family’s living arrangements.

For myself, I did some minor renovations and landscaping on my existing house and we purchased and renovated an older home in Cape Breton and a Class C RV to drive back and forth with for summer visits.

That felt like the right decision, a modest lifestyle upgrade for myself while elevating the standard of living for my family and investing in Bitcoin entrepreneurs building bitcoin startups.

I even managed to buy back some BTC with the leftovers, albeit at higher prices.

I’ve been practicing delayed gratification for many years…however over the last 2 mths I’ve been experiencing a very big desire to upgrade to a more comfortable home.

We found an estate locally that is incredible, my wife fell in love with it, and I’m really struggling with the decision.

I know this is the absolute wrong time to sell BTC.

The real estate market in Ontario Canada is likely to see big drops over the next few years, and BTC is likely to see big gains over the next 2 years.

I’ve regretted selling too much bitcoin in the past, yet here I am wanting to do it again.

I really don’t think it’s a good idea to take on a large mortgage right now either since rates are so high … I’d hate to be a forced seller of BTC at lower prices in case we don’t see a raging bull market.

Is anyone else struggling with this?

Is this a top signal 😅

I’m feeling excited, but not acting. Starting to plan the next move, but planning to have it happen 1-2 years out. Will be my first sell since 2017/18.

What is helpful for my mental state is that I have numbers that I wrote during the bottom of the bear saying when I would allow those life improvements and what small amount I would peel off.

Agent perspective on housing right now- I think the market is stronger than most think because of the same reason buyers don’t want to buy (rates). Sellers don’t want to let go of those low rates either and inventory is low. 60% of homes have mortgages and many people with those mortgages refinanced under 4%.

I think right now is a great time to buy because you won’t compete with as many other buyers in many price ranges. If you finance, you can refinance if rates drop again rather than waiting and having to pay 250k over list price because everyone else will also be a buyer if rates drop.

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