Bitcoin Forum

I have transaction to Mt. Gox, no confirmation yet :o

Too tempting to sell...  But I did that 2 days ago and I ended up buying back at small loss, it just didn't go down  :P

I don't think it will in a near future. Just hold on to them and watch your wealth grow  ;D

Why would you sell?
If you're in it since January (Not that long at all) you're up 500% already...
even if BTC goes down to $30 you're still making 200% or more on your money...
There is no reason to sell at all unless of course you need the USD for non BTC transactions.

Yeah, last time, when it nailed 60, it did just like now.  It retracted a bit to 55, and sat quietly there until going up again...

If you sell, you will be sad.

If you like to be sad, then please sell.

Ahh. the daytrader in me...  Want to sell before crash, buy 20~30% lower...  Bad me... bad...

I've sold my BTC during rallies... for LTC. ;D

But right now I feel no urge to trade BTC for fiat, same goes for vice versa. It's good just to watch.

Whatever man, you can buy %100 lower if you SELL RIGHT NOW. Listen to that illogical part of your brain, he's totally right.

Please tell me what it's like to make a terrible investment. I'm curious.  

Yesterday I was tempted to sell at $55, because I thought that the 49->32 crash would happen again and it would go to 45.  Nope... so then it hit 60 and I thought the same thing again, but it kept going.  I'm really glad I held...

Buying Ł >> buying fiat

Ł went up about 500% versus BTC not so long ago - right after a massive BTC rally! Go figure.

You know it's going to continue to go up, despite the occasional correction, so before selling, think if it's worth it to risk it.

If you are in this for the long term, price fluctuations don't matter. These fireworks, flashy as they are, are too short-term to have anything to do with your investment.

If you are a day-trader with a strategy, that strategy is your sword and shield, and to the extent that you break from it, you are surrendering your profits.

If you are a day-trader without a strategy, nothing I can say will save you.

In an unpredictable market, emotion is your enemy.
Silence your gut and stick to the plan.

QFT

Ah... Google is my friend...  Just learned a new acronym :)

Thank about all the silly wealth in the world....


https://sphotos-b.xx.fbcdn.net/hphotos-ash3/63021_634277529921224_1755715332_n.jpg

do you know how much bitcoin went up once SR launched?,
because an equivalent for LTC is online.

I removed my hand from the trigger.  I moved those BTC to another wallet that I put offline and made copies on USB and other places outside my house (double-encrypted with 15+ characters alphanumeric passwords) and removed from my computer.  So they are safe from hazards and hacking too :)

One should always have a backup at different places, and outside his home too (at least, different geographical locations).  If something bad happen, you don't want your sole copy to be inside your computer or house...  You know, anything can happen...  PC frying, fire, electrical jolt/lightning blowing everything in the house, etc.

Sell just enough to take one year vacation somewhere without internet. Then reassess.

Great advice  :D

Lol  :D

Come back...   :o It's 2443$

$10k more like...

i closed my longs  ;D

Honey...  call my boss, I will stay longer on vacation...  much longer!

It appears that's one of the hardest things to do as a long-time bull.
At what price do you sell when you know it could be even more worth in another year?

I'm never selling. I'll just wait until the price stabilizes then use it in normal trade. In fact, I just spent a few BTC yesterday but I'm trying to replace them now...

Yea, the advice I am starting to offer is first acquire the btc THEN spend it as opposed to spending it and catching up.

Strange.

The higher it goes, the less interest I have in selling.

You've just reached point "greed" on classic bubble graph (http://marketpredict.com/articles/images/bubble-lifecycle.gif).
Everybody want to buy, nobody wants to sell, price skyrockets up until everyone realize that it's time to sell.

arent you happy yo didnt sell a couple of days ago? :)
hope you learned from this

Well, it was an opportunity I wasn't expecting and it was only 3 1/3 bitcoins. Unfortunately, I didn't realize how hard it was to just buy bitcoins at short notice, the ones I bought previously were just by arrangements with individuals.

It's all good though :D I'm now switching to buying small amounts of bitcoin in a regular basis. There's all the usual regrets about not getting in earlier of course but it is what it is.

Here's a song for all you bears, it's titled "SELL!":

https://www.youtube.com/watch?v=IaZMST-vHfM&t=1m10s