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    Author Topic: Historical mistake: England sold gold in 1999 and Germany sold BTC in 2024?  (Read 502 times)
    buwaytress
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    July 15, 2024, 05:26:16 PM
    Merited by Lucius (1)
     #41

    Too lazy to read the entire picture but I always thought too much importance given to such selloffs (I mean, 50k? What's that but a minute drop). Why aren't people looking instead at why they're selling? Or what's it going to be used for?

    I had to liquidate in 2020, just as price was recovering to 2017 highs. Market perspective only, I made a mistake. A year later, a new ATH. And then we had new ATHs recently. But I sold mine to fix some immediate issues. Got me to where I am today in my private life. Had I not sold, and not solved that issue, I'm certain my life would not be better today, Bitcoin or no Bitcoin.

    That coin was an asset for them, unexpected revenue you can call it, since it was confiscated. It's not the birds in the bushes, but the one in your hand, when it comes to state revenue sometimes.

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