Me too but I always change my mind. Now I'm thinking a celebratory one at $100K.
Bitcoin $781.41
- Thread starter MadJack
- Start date
I change my mind all the time but now I have set my goal higher than $100K before any of mine get sold. We still have a full year left of this bull market, I'd be so pissed at myself if I sold at $100K and it went to $175K and that figure is definitely in the cards. And I might be conservative at $175K.
Then we have alt season to deal with. I hold ETH and a shit pile of ADA. Decisions, decisions.
And if we sell what do we do with it? Stocks, fiat, gold, another house? A Lambo? LOL! Bitcoin has and is outperforming all of those assets.
I’ve got two kids in high school and my oldest is a senior who has her sights set on expensive colleges.
We have a 529 for both kids which are of a decent amount, but not enough to pay for 4 years or more of college expenses.
A fully paid for college for both kids and substantial down payments on a house for both at some point in the future could be enough motivation for selling at a round number like 100k.
Also could ladder my selling like I’d ladder the money in short term CDs so that I’m still reaping any gains BTC may have and could sell more if the the price retreats.
In any case, I have a few options all of which are positive at this point in time 👍
Bitcoin's Price History
Bitcoin's price history has been volatile. Learn about the currency's significant spikes and crashes, plus its major price influencers.
When my young son from my 1st marriage said that bitcoin might be a good investment long term, I chuckled and said yeah it probably will be like Apple or Amazon, little did I know it would get to where it is today! Kudo's to those who got on the early bus!
ATH just hit again at $94,344.edit:
All-time high
+$80k
BOOM
It's still early, Bill.Bitcoin's Price History
Bitcoin's price history has been volatile. Learn about the currency's significant spikes and crashes, plus its major price influencers.www.investopedia.com
When my young son from my 1st marriage said that bitcoin might be a good investment long term, I chuckled and said yeah it probably will be like Apple or Amazon, little did I know it would get to where it is today! Kudo's to those who got on the early bus!
- Mar 19, 2006
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I swear I was not on the site but just thinking about Jack's initial Bitcoin post and was coming in to comment. Unequivocally the #1 money making post in the history of Madjacksports!! Congrats, and amazing. If I was so fortunate to have seen it, and if I would have invested some in it, there's no chance I wouldn't have cashed out years ago. Amazing call skipper 🚀 amd I know you have stayed the course.Bitcoin $781.41
let that sink in guys
Jack creates a great site and delivers the top call ever. Im interested in hearing which members here saw Jack's post and was influenced to get on board this rocket?
Nah, I'm sure a few here have done better than I have. I was doing some serious daily gambling way back in 16-17-18-19 and I used a bit for some home improvements back in the day. I quit selling any back in 22 and still add monthly. I've made it a huge pain for me to be tempted to sell too. All my bitcoin are on cold wallets and in a safe deposit box at my bank.
I didn't know it at the time but every transaction I made back in the early years was a tax event and I had to amend my taxes going back 6 years and settle up with IRS. Talk about a stressful few months dealing with that crap.
Now I wait. I've had many different plans of when to sell but I kept changing those plans and don't have one now. Maybe one day I'll treat myself.
