submitted by /u/tralxz [link] [comments] |
source https://www.reddit.com/r/btc/comments/mjkw67/evolution_of_money/
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As a community, I think we should move on from the toxic notion of never taking profits.
I have seen so many posts get degraded because they sold their bitcoin to purchase a house, pay off their debt, or even to just indulge on their gains.
They get outcasted and labeled as not a true “HODLer” because you’re supposed to support the bigger cause of total decentralization and complete transfer of wealth.
What I am trying to iterate is that just because you sold all or a portion of your bitcoin allocation, it doesn’t mean you can’t get back in again and continue to HODL.
HODLing is not linear, it’s a spectrum.
There are times to accumulate and hold. There are times to sell for profit.
I never cease to tell my wife that she single handedly costed us close to 25K in profits, but she’s priceless. Since later last year, I continue to put all our extra savings in BTC and she is a believer. I’ll never do that again, and HODL until the end.