You've already won in my opinion, so its now just about maximizing.Currency usage for bitcoin is not good unless using L2 solutions i.e. Visa, PayPal, Venmo, etc
What you're describing is short term holding and trading versus long term holding/SoV/inflation hedge
You can have both, or you can just do 1 or the other, or a combination
Some UHNW or Institutions are probably going to hodl for more than 5 years
I'm planning to do a combination
I plan to cash out everything and only hodl 10 btc's when the bull market is over
I follow RE quite a bit as well. And Wolf Street over on his website points out very nicely with stats how much of this boom is because of low supply, and people leaving the cities to buy in the burbs but not selling where they move from. So this super limits the supply. But at some point, supply could very well flood the market. Consider that the price of an entire street is based mostly on just a couple of sales, the entire RE market is valued quite artificially. It doesn't represent true value, but just the past couple of sales based on very, very low volume.
The point of all this is that if BTC gets held by only UHNW or institutions, is that really enough? If nobody is buying, and they have all they need, who will buy the next coin? That's the problem I have. There is no intrinsic value, but only based on there being enough people to pay. (yes, almost anything is like that). But GME clearly ran out of buyers at $470, or whatever it hit, and even in the $150's its more than likely overpriced, but at least its stayed here this long.
Anyway, point being that I just don't believe the hype. I understand the revolutionary nature, and love that it gives the FED a needed kick, but I think its too dependent on speculators. You can say that real estate has a somewhat line in the sand. Call it a function of local wages and interest rates. If you make 50k a year, perhaps a 4:1 ratio means you can buy a 200k house. Of course low interest rates push this up quite a bit, but you get the idea. You will never afford a million dollar house on 50k, and if houses are this expensive, they eventually should come to some sort of equilibrium. BTC could maybe be a function of cost of electricity plus computer equipment plus profit, but the current price is perhaps way above that.
In a nutshell, I guess what I'm blabbering on about is that its not tangible enough for me and think a day of reckoning will come. But as always, the smart people, like yourself, have already won so congrats!

