Bitcoin Forum

Economy => Speculation => Topic started by: yokosan on March 21, 2013, 08:07:15 PM



Title: The most honest post you will find here
Post by: yokosan on March 21, 2013, 08:07:15 PM
I'm retiring from speculation. It was fun, but in the end you always lose on the short-game.

That said I am officially joining the "long-haul club". I decided I would turn 99% of my coins to cash now and enjoy the profits.

The remaining 1% have been ordered as physical coins which I will store until I can either buy a house with them or they become worthless.

I love Bitcoin, but at the end of the day speculation is too close to gambling for comfort.


Title: Re: The most honest post you will find here
Post by: Spaceman_Spiff on March 21, 2013, 08:29:23 PM
Good for you.

I think there are other candidates for 'most honest post' though:

https://bitcointalk.org/index.php?topic=155054.0


Title: Re: The most honest post you will find here
Post by: KTE on March 21, 2013, 08:33:06 PM
That's not the long-haul club, that's cashing out and leaving a nominal amount to bitcoin just so you can say you're still invested.


Title: Re: The most honest post you will find here
Post by: josiahgarber on March 21, 2013, 08:39:41 PM
I'm retiring from speculation. It was fun, but in the end you always lose on the short-game.

That said I am officially joining the "long-haul club". I decided I would turn 99% of my coins to cash now and enjoy the profits.

The remaining 1% have been ordered as physical coins which I will store until I can either buy a house with them or they become worthless.

I love Bitcoin, but at the end of the day speculation is too close to gambling for comfort.

It seems early to pull 99%, but I guess if you are leveraged or have a lot of debt it might make sense.


Title: Re: The most honest post you will find here
Post by: Bit_Happy on March 21, 2013, 08:46:06 PM
Good for you.

I think there are other candidates for 'most honest post' though:

https://bitcointalk.org/index.php?topic=155054.0

Great post, thanks for the link.


Title: Re: The most honest post you will find here
Post by: BTC Books on March 21, 2013, 08:51:44 PM
That's not the long-haul club, that's cashing out and leaving a nominal amount to bitcoin just so you can say you're still invested.

Indeed.

No guts, no glory.