There really is something quite beautiful about seeing Bitcoin at $120,000.
We still have one more big, explosive leg upwards in this bull market too. Im thinking maybe a slow grind up to $130,000 in the first two weeks of October and then the big push, blow off top to $160,000 or similar in late October to early November.
Indeed. I get excited at $120K, which probably means I am holding too much Bitcoin. I am keeping my eye on the exit though. I do not believe that we are in a supercycle and think that regardless of how high Bitcoin gets, it will be lower than it is now in 18 months. I do think well hit $140K before this run is over and that is the price where Ill start finding it difficult to hold on for dear life.
I do understand though I will hold on to 75% of current stash.... I already sold some at previous prices that were this high and a little lower... now the max of current stash to sell = 25% but @ prices around 140 and up a bit... if I don't meet targets I have no regret as I did sell already to live my life as i'm used to... I also don't need more to sell or it must go extreme.... though the more I'm selling now would only be to buy back lower as I have no needs IRL which I cannot handle as how it is from now.
Bitcoin is not only an investment or a store of value, it's a lesson in life.
Remember all the highs and lows?
And you, respectively, have witnessed some more than me.
It's also the lessons learned by others' lessons, like mindrust, elwar... (as some brief examples) that, if learned well, gives us confidence, and also experience.
Bitcoin is a just a different pair of shoes, not only in this regard, but also unique and thus unable to compare.
I'm so glad to be able to live in these exciting times. This and keeping out of the "flooded with shit"-zone enables one to live a satisfying life.
(Edited some details and errors)
