Row 91093

Row ID: 91093 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 91093 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

I mean I started in 2018,

Paid a significant deposit down on my first house from profits during the 20/21.

I now have somewhere to live that's freed up a significant portion of my income for future investments due to having a really low mortgage.

I also take profits for things like new laptop's, phones and cars, always make modest purchases though.

Simply because as a professional I literally NEED these things to work.

I think this hyper-maxi attitude of never selling distorts responsible financial practice for most. You still have to live your life.

I have a significant % of my net-worth allocated to BTC but I also have S&S's and GOLD, Right now BTC follows the stock market still and has high volatility, having diversification allows me to move funds around during periods of high volatility where If I needed the money I wouldn't have to sell the BTC undervalued. Allowing me to Hodl the BTC during harder periods of bear markets.

You should NEVER cash out to FIAT.

But cashing out with the intended purpose of buying things that add value to your life other than "NuMBeR gO Up" should be encouraged...

I believe this kind of attitude is very misguided especially if you got in pre 17 bull run and have so much that you don't really need to acquire more and can commit your regular income to maintaining your lifestyle.

New-comers should treat BTC as they would any other commodity. They're going to struggle to ever accumulate enough to retire on and the gain's are diminishing every cycle... Not that its price doesn't settle somewhere in the millions in 15-20 years...

FieldValue
text I mean I started in 2018, Paid a significant deposit down on my first house from profits during the 20/21. I now have somewhere to live that's freed up a significant portion of my income for future investments due to having a really low mortgage. I also take profits for things like new laptop's, phones and cars, always make modest purchases though. Simply because as a professional I literally NEED these things to work. I think this hyper-maxi attitude of never selling distorts responsible f…
label r/bitcoin
dataType comment
communityName r/Bitcoin
datetime 2024-05-25
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url_encoded Z0FBQUFBQm5Lak85ZUNrTmx1Y3F5ZUpYMjBqXzRqWk02SFMyVGIwRWVjSngweTZQRUozN0RaeWxSN2hYaXkxbW5CTVpBZmx6b2p3MDdaNE5yRlZfMjFtc2xiWl9PSW9pRmhRVjJWeXAtSDhpUFdXaHhSeHJRcENMTFdzbldYMTdrYXB5YjdnU21ma3hfZ0E4RmJNM1YxTFBxSEozMEJoZklJekx3R0N4Qkc4U2tnT3FzQXpGWHczUnVORk1QZURqUGdEcXpuVUsyNng5cDBLRi04QlAtdDlPZUZhTGpRLWg4QT09

Raw Record

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  "text": "I mean I started in 2018,\n\nPaid a significant deposit down on my first house from profits during the 20/21.\n\nI now have somewhere to live that's freed up a significant portion of my income for future investments due to having a really low mortgage.\n\nI also take profits for things like new laptop's, phones and cars, always make modest purchases though.\n\nSimply because as a professional I literally NEED these things to work.\n\nI think this hyper-maxi attitude of never selling distorts responsible financial practice for most. You still have to live your life.\n\nI have a significant % of my net-worth allocated to BTC but I also have S&S's and GOLD, Right now BTC follows the stock market still and has high volatility, having diversification allows me to move funds around during periods of high volatility where If I needed the money I wouldn't have to sell the BTC undervalued. Allowing me to Hodl the BTC during harder periods of bear markets.\n\nYou should NEVER cash out to FIAT.\n\nBut cashing out with the intended purpose of buying things that add value to your life other than \"NuMBeR gO Up\" should be encouraged... \n\nI believe this kind of attitude is very misguided especially if you got in pre 17 bull run and have so much that you don't really need to acquire more and can commit your regular income to maintaining your lifestyle.\n\nNew-comers should treat BTC as they would any other commodity. They're going to struggle to ever accumulate enough to retire on and the gain's are diminishing every cycle... Not that its price doesn't settle somewhere in the millions in 15-20 years...",
  "label": "r/bitcoin",
  "dataType": "comment",
  "communityName": "r/Bitcoin",
  "datetime": "2024-05-25",
  "username_encoded": "Z0FBQUFBQm5Lak1yamQ5S2dNRm9Ienp3LWFjU2tUemg5S3p6ekV0dDJXdDdaQ2hZbXQ2dndIUWxGUEUydW80TUkzNkkyOEtlWExsMWFGSmhKRjZpd3d0eEZVYVJFcFd5OWc9PQ==",
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}
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