Well, when you're wrong you're wrong. And it's good to be wrong in this case. In December and even early January, I thought we were at the next cycles all time high with BTC. I thought the $40k-ish highs were the equivalent of the 2017/2018 highs at around $20k.
I thought BTC would go back down and then we would be sitting near $25,000 for another 3 years or so. But 2021 isn't 2018. The bull we have now is bigger. It's got more energy to charge up and hit the bull's eye milestones that make heads turn.
The $50,000 milestone is pretty big. With this bull's eye hit, is the bear going to come out and block the bull's run? I don't think so.
People have speculated a possible $100k or more target for 2021. I thought it was possible but unlikely before. But now, I think it's more likely than not.
Hell, we might even hit even crazier targets in 2021, like $200,000! No joke. Some big players like the Winklevoss brothers think $200k is going to happen, and some of the data indicates this bull's eye is where the year will end up.
I have been looking to buy some land, or some land with a house. I didn't want to sell BTC to do it, as I would have needed to sell quite a bit when it was at $30k-40k. But at these prices, it's much more acceptable.
Although, I want to hold out more. But how much more?
Have you noticed there is a crazy agenda to reshape the world according to the image of the ultra rich? An agenda for "private-public partnerships", i.e. corporate fascism of governments and corporations uniting to take over many aspects of economic activity.
The Great Reset and UN Agenda 21/2030 play a part in taking land away from public reach for people to buy, where stakeholder capitalism will have the richest benefit exploiting the planet's resources for their profit while the majority are expected to own nothing and be happy.
There is a clock ticking. How much time do I really have? Will food shortages happen sooner or later?
Of course, waiting for BTC to get to $100k, or $200k, is ideal. It's getting more bang for your buck, spending less BTC to get more USD or other currency. But can we wait that long?
To sell BTC now and buy some land to get out of the city, or buy a house to ensure more stability and self-sufficiency in the immediate future... or wait for BTC to moon more and then have more BTC left over... but what will things look like in the months to come? Where will we be in the fall? What will our chaotic world look like then?
If you're not aware of the push for socialistic-communistic-fascistic-authoritarian technocracy that is being shoved down our throats... well you should really wake up to what is happening and plan accordingly. We can't predict the future with 100% accuracy, but you can see the writing on the wall and the story isn't looking good :/
Edit: There are also loans where you get fiat for crypto collateral you send a company and have to pay interest as well. Anyone try these before? Not selling the crypto is appealing.