Damus
Ben Justman🍷 profile picture
Ben Justman🍷
@BenJustman
I have to sell Bitcoin to buy 10k lbs of grapes next month. This dip feels like a short/medium term inflection point for the next several months.

What should I do?

A) Sell "all" now - expect bigger dip
B) ~50/50
C) Sell "all" later - expect a rip

57❤️11🤙1
cuban · 36w
I am an idiot and this is not financial advice but I think we march towards 118 by end of next week
Henry · 36w
Could you get people to pre buy the wine now for a discount to help with the costs of buying the grapes?
Austin · 36w
C It’s worth the risk.
Sadoughshi · 36w
Sell your house, live in your bitcoins
SwapMarket · 36w
If you sell your wine for BTC but your suppliers take fiat only (or price their grapes in USD) you are taking a ton of FX risk. You should sell enough BTC to cover the cost as soon as you get paid, or use futures.
Konstantine · 36w
what about DCA'ing out? do you need to buy all the grapes in 1 transaction?
pgsdesign · 36w
Strike loan
trae · 36w
take a business loan and use the made up money to finance it
Peter Heino · 36w
Sell what you need to sell now and keep what you can keep. I did it like this at around 109 for a downpayment that I'm gonna need in january next years. The gambling was'nt worth the stress. Bitcoin is not for gambling imo.
Nico · 36w
take a loan against your bitcoin, don’t sell
wolfpy · 36w
What i find is always the best solution is to have inertia when it comes to bitcoin. If I feel pressured to take a decision today i go to bed and let it simmer for some time. I think that if you keep calm and think about it for a bit more time the answer will be obvious.
TheBitcoinBattery · 36w
We're not in any crazy times right now as far as insane rips coming as far as I can see, but there is a possibility we'll see $150k within a couple months. I'd go with B, half now half later. Get the average sale price between now and then, might end up being higher than the current ATH was.
paul keating · 36w
Orange pill the grape guy? Lol I can't stand not being 100% all the time. So I'd just wait til whatever day it is you need to buy and sell then. Probably terrible advice.
tanel · 36w
sell all and be happy with the profits you've made + that you are able to reinvest in your business stop with the what if's 💜
Keith Meola · 36w
C! it all balances out in the end, but I'd rather hold more BTC