Oddbean new post about | logout
▲ ▼
StackingHats | 2 months ago (raw) | root | parent | reply | flag +1 
 I'll happily spend, but by choice will never sell unless family emergency and I can't buy what I need with Bitcoin.
▲ ▼
Brisket | 2 months ago (raw) | root | parent | reply | flag +1 
 I see no shame in selling Bitcoin.

I've been selling it sat by sat for the last year after leaving the fiat mines. It's been emotional at times but it's also been interesting.

It's also partly your fault. I ran the numbers & figured I could live forever by only selling 10% of my stack each year.
▲ ▼
StackingHats | 2 months ago (raw) | root | parent | reply | flag +1 
 Ha ha...that is true.

No shame in selling at all.  It's your money, do whatever you want with it.  If you can purchase what you need directly with your Bitcoin, I think that's the best way.  But if you can't, you can't.

The best thing about spending Bitcoin is that (at this stage) you're generally spending to someone that is trying to hodl just as hard as you are.
▲ ▼
Brisket | 2 months ago (raw) | root | parent | reply | flag +1 
 And if you have to sell for cash, it's less painful to sell your KYC stuff to an anon for a premium.

At least you know they're going to value their KYC free sats.
▲ ▼
StackingHats | 2 months ago (raw) | root | parent | reply | flag +1 
 Hodl Hodl?
▲ ▼
Brisket | 2 months ago (raw) | root | parent | reply | flag +1 
 Nah - I know plenty of plebs that are still stacking & I don't need that much to live pretty well.

Trust me, it's much easier to sell Bitcoin peer to peer than it is to buy.