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Had to sell today

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Just a "I'm so sad" moment. Had to sell it all to pay a large tax bill that needed to be dealt with ASAP. Been holding since 2019 and never sold a dollar.

Couldn't justify having the money sitting there and to leave myself broke or getting into a large debt cycle with what I needed to pay.

I will say, thank god I had it, and that it grew to what it did. Clearing out my debt feels good.. almost as good as watching a small investment turn to such a large one for the first time in my life. So thanks Bitcoin for literally saving my financial situation this year.

Enjoy this run y'all ❀️ I'll slowly be working into it again.

Edit: I didn't expect this to get much attention but very much appreciate the support of everyone!

Just adding a few things that are coming up in the comments:

  • I'm in Canada so tax laws may differ from yours/ a big difference is that I cannot renew my mortgage while owing to the CRA.

  • Payment arrangements would have mentally and financially screwed me for a minimum of two years. And I know that I would have trouble keeping up with the current years taxes if my extra money was going to the debt. I know myself, it would snowball bad.

  • I don't like paying interest, I like making it lol.

  • Im self employed, and screwed around this year with my bookekeeping. I have learned my lesson. I pay my taxes 4 times a year usually, and I didn't pay once or even keep an accurate income log. Did not put enough aside.

  • Being self employed comes with alot of risk. And I'm smart enough to know anything in life could change in a second. Not using my Bitcoin felt like a gamble as opposed to a safe financial move for myself. It literally solved all my problems today.

  • I'm a girl. Idk why but I want to clarify my gender ????

  • I bought some more sats today ????

submitted by /u/Chimaychongaz
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