Replying to Avatar Sedj

I had to remind myself that poverty is the base case.

Any time I am above poverty, I am playing on winnings.

And those winnings were earned. So I wished to keep them. Thankfully 1 bitcoin still equalled 1 bitcoin, so job done.

Hardest part has been denying urges to spend a little on the climb. Still might, but holding on for now, still doing my DCA.

Almost 4 years in. No huge selloffs or losses. The times I have sold some were early stages of experimentation with testing the offramps and at one point trying to convert my entire check to bitcoin and live by selling only what I had to.

Overall, I'm down about 10% from my top, but most of that was gifted to my family, so I can't really count that as lost. None of them have sold it, even though I offered to buy it back if any of them ever wanted to sell. Probably helps that I gave it to them around the bottom, so they've only seen it climb.

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Sedj 1y ago

(This was in response to HODL's note about bear markets being tough. Stands okay as its own note, but added this for a little context)

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