Loading ...Recently pulled the trigger on 21 ounces from various sources via Bitcoin. Such a cool feeling to send some ‘bits’ out and receive gold coins. At this point in the bitcoin mania, I’d call it a 30 to 40 bagger for me.
I put $1,100 into BTC in the sub-$10 range. During the first big rise I took out eight ounces. Now add another 21 ounces for a total of 29 ounces… so far. And I still have several thousand FRNs in notional value as ‘spare change’ bitcoinage. If it goes to the moon… I’ll still be riding for free. This has made up for all the years of bad paper, bad stocks, bad prices… everything.
Why now? Perhaps it is Ipso’s fault for asking me if I would buy bitcoins at this price. 🙂 It made me think seriously about the wave mechanics and the vulnerability of being in wave 5. This is the first logical area that it could decline seriously…. or not. Anyway, it started to get stressful for me worrying about it, so I decided to liquidate a majority and sleep well with a smile. Mission accomplished. 🙂
