I just sold enough bitcoin to pay for my newly installed whole-house generator. Here are the details

hey everyone i just sold enough Bitcoin to cover two invoices that are coming due um and I was going to tell you the logic behind why I sold Bitcoin today for those even though technically the they're not due for like a couple days or a couple weeks um so one of the invoices is the kids school and I could float that invoice but I kind of feel bad it's I'm like it's the kids school like if they invoice me even if they give me until July 5th I'm like I want to support them i mean I don't I don't want to be like last minute last minute last minute so part of me it just feels bad holding Bitcoin till the very last second if I'm paying an invoice to people I support friends of mine you know things like that so I don't try to uh float invoices if it's to friends of mine and in this case you know the school is run by people I know and longtime close friends and all that so um I don't want to float the invoice i do float the invoices for Rachel's uh grad school at Georgetown University because I don't feel a personal allegiance to Georgetown University and so I pay the Georgetown University tuition payments at the very last second um but for local school stuff with kids I'm like "All right I'm not going to float those i'd rather give them the cash you know soon as possible because I know it helps their budget cycle." Uh the other is the whole house generator and the in the company that installed it is run by a friend of mine and same situation i'm sure they're going to invoice me within the next day or two and I'm sure I'll have like 30 days to pay or something like that but same situation i know what it's like to run a business i know what it's like to for cash flow to be crunched and I know what it's like to appreciate it when customers pay immediately when invoices come due so in these two cases both of those invoices were to friends or to friendly organizations and I did not want to float them to the last second uh the other reason I did it which is not the primary reason the primary reason is I just didn't want to float these to the last sec second but the other reason is Bitcoin is up significantly right now today and I you know psychologically I try to be counteryclical which means I try to not be even though generally I try to sell Bitcoin at the very last second and always buy Bitcoin at any opportunity I get in a situation like this where I've got invoices due even if they're not due for three or four weeks to two different entities that are friends of mine um on a day when Bitcoin's up like today even though economically it's a bad idea in my opinion to sell Bitcoin on a day like today I did it anyway because there's some chance when these invoices actually come due that Bitcoin will be in a dip 3 weeks or a month from now and I don't want to be one of the people who's liquidating Bitcoin in a dip because even though my Bitcoin has like no impact on the global Bitcoin supply and demand uh it makes me feel slightly bad when I when I liquidate Bitcoin when it's going down because most of the people that are liquidating Bitcoin are doing going when it's going down are doing so because they're scared in my case I'm never scared because you know I've been doing Bitcoin eight years now and it's the best asset in the entire world but I feel bad if I liquidate Bitcoin and I catch it when it's going down not because of the economic impacts to me because again I'm so far up on my Bitcoin that I'll be fine regardless but because I feel like I'm exacerbating the uh volatility i feel like I'm one of the people who's like buying it when it's going up and selling it when it's goes down which is sort of the opposite of what you're supposed to do uh in general investing so I figured in this case both of these invoices uh were to organizations or individuals that I support and that are close friends of mine in both cases they will benefit by getting that cash sooner rather than later and also as a bonus I would rather sell Bitcoin into a bull run meaning I'm one of the people doing the opposite of what the herd is doing the herd sees the price going up and they're like "Oo it's going up i better buy more." And I I see the price going up and I'm like "You know what i'll go ahead and pay these invoices to my friends um and then I of course do the opposite like when the price is going down I'm like how can I get more cash how can I buy more how can I how can I hike how can I which is part of why uh the last two times I bought more Bitcoin when I ratcheted my liquid net worth up initially from 97% Bitcoin to 99% Bitcoin i did it as the price was falling uh and it had fallen from the 109 into the '9s and then into the 80s and once it dropped into the 80s I liquidated 2% more of my you know stocks bonds cash whatever junk I had and put it in Bitcoin and then the price bounced around and it bounced around and it bounced around but ultimately it dipped into the 70s and as soon as it dipped into the 70s I thought well here we go again the the counter cyclical thing to do the thing to do that's the opposite of what everybody else is doing is to buy more Bitcoin and so I liquidated the last 1% that was not in Bitcoin uh and put it in Bitcoin when the price was in the high 70,000s um so here we are with the price uh almost 109,000 it's 108700 um or 108 yeah it was above 108,700 which is within a few percentage points of the highest it's ever been in history and these two invoices came due one of them I got an email alert the other I got a text message that said "Hey we're done installing the whole house generator but there's like one more thing we got to do." So I know they're not going to invoice me till they do like the one more thing they got to do but I know that invoice is coming any second now um and the other one I literally got the invoice in the mail and said "Hey pretty please you know you have until July 5th but you know pay the invoice." Um so I uh I'm paying the invoice so I thought I would give you that insight into my own psychology i try to be counter cyclical at least sorry hit the mute button at least in this case where I got friends that are waiting for cash on the other side and when we're you know in an upswing of a day I figured I would take advantage of that to be counteryclical um I think that is a bad economic decision if I owed that money to Georgetown University or to any entity that I did not have a personal connection to I would have said "Hey we're at a bull run we've jumped from 105 to 108 that probably means we're we're going to keep going up for a while." Uh which is typically what happens typically momentum keeps going in whatever way it's going so if something's going down it typically goes down more before it goes up if something's going up it typically goes up more before it goes down uh which is why a lot of people try to do this momentum trading and they just you know they can never time it right which is why you should never do it but um if somebody came to me now and said I want to maximize my returns I would say well then leave money in Bitcoin as long as conceivably possible u if somebody's like hey I I owe money to a friend i would say well settle up at 108,000 a coin go ahead and settle up you know there's no reason to string friends along uh $108,000 of Bitcoin price is a good solid price for Bitcoin and if you owe people money especially money that uh you know two friends I would say $108,000 of Bitcoin is a great time to settle up so anyway wanted to give you some insight into my own psychology because I just sold a little bit of Bitcoin and if I get any source of capital I will buy more Bitcoin which will be when my paycheck hits in about four or five days so in four or five days my paycheck will hit and I will buy more Bitcoin including buying back some of the Bitcoin I just sold to settle up with some of these friendly organizations hope all that helps whenever possible I try to give you insights into exactly what I'm doing and why in the hope that it helps you on your own Bitcoin journey thanks everyone