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Sold some of my Bitcoin to buy a house. HODL since 2016.
I bought Bitcoin for the first time in 2016. The price at the time was around €450. I'm planning to buy a house and need the money. I have set myself the goal that when Bitcoin reaches 100k I will start selling. I will now sell it in several tranches. I'm taking this safe profit with me and think it's a good time for me to sell. If we experience another bear market like back then, I will buy again. It hurts a bit to sell my Bitcoin because Bitcoin and crypto is my hobby but I have several 1000% gains and I think I should be happy to be able to buy nearly a complete house. I hope we'll see 150k this year before entering a bear market. But since I always make partial sales, I should still do well. What do you guy's think? It's a good plan to sell or I am to early? submitted by /u/Ultra918 [link] [comments]
| | I bought Bitcoin for the first time in 2016. The price at the time was around €450. I'm planning to buy a house and need the money. I have set myself the goal that when Bitcoin reaches 100k I will start selling. I will now sell it in several tranches. I'm taking this safe profit with me and think it's a good time for me to sell. If we experience another bear market like back then, I will buy again. It hurts a bit to sell my Bitcoin because Bitcoin and crypto is my hobby but I have several 1000% gains and I think I should be happy to be able to buy nearly a complete house. I hope we'll see 150k this year before entering a bear market. But since I always make partial sales, I should still do well. What do you guy's think? It's a good plan to sell or I am to early? [link] [comments] |
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