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Title: What's your exit strategy? Will you sell as the price goes down from here? Post by: btcprice on November 27, 2013, 06:06:31 PM A lot of us have been through these bubbles before. A lot of us held and held only to have the price go to a fraction of the top of the bubble.
Will you sell a percentage if the price drops a certain amount? Will you sell another percentage of your bitcoins if it drops another amount? Are you holding for the long-run and will not sell no matter how low the price gets? Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: PenAndPaper on November 27, 2013, 06:10:53 PM I don't think you 'll find a lot of people here willing to exit. There are some that sell for speculative reasons but most of the guys here are the "hoard forever and ever" type of holders.
Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: ElectricMucus on November 27, 2013, 06:11:43 PM Bitcoin is the exit strategy. A F22 pilot would disagree. Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: Newscastix on November 27, 2013, 06:12:47 PM Bitcoin is the exit strategy. /thread Bitcoin is not some penny stock to make some quick buck and "exit". Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: ElectricMucus on November 27, 2013, 06:14:19 PM Bitcoin is not some penny stock The Secondmarket listing indicates against that.Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: poewerden on November 27, 2013, 06:20:41 PM A lot of us have been through these bubbles before. A lot of us held and held only to have the price go to a fraction of the top of the bubble. Will you sell a percentage if the price drops a certain amount? Will you sell another percentage of your bitcoins if it drops another amount? Yes, now is good time to spend some just in case the price crashes. But obviously if you have a lot of coins, you have to sell some at exchange Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: zachcope on November 27, 2013, 06:25:57 PM Keep selling fiat for bitcoin before the fiat bubble bursts.
BTCBTCBTC :P :P Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: raskolnikovx on November 27, 2013, 06:33:05 PM Well it depends on at which point you entered.
I entered to the Bitcoin world when BTC was 100 USD so I had my original investment * 10 right now. Also got some Litecoins and made reasonable profit from that. I am super cool but I wont consider I lost money if BTC goes down to 700 USD tomorrow (because actually I did not). If the bubble plops and BTC goes down I might sell a little bit if I consider I will be able to buy cheaper later. Even if it goes down to 400 USD I am a winner here since two months ago I got some BTC for saving and that I did ... Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: Nemesis on November 27, 2013, 06:38:53 PM OP please sell your btc, you certainly in it as be rich quick scheme. Get out.
Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: ElectricMucus on November 27, 2013, 06:40:36 PM OP please sell your btc, you certainly in it as be rich quick scheme. Get out. You are too. Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: btcprice on November 27, 2013, 07:03:48 PM OP please sell your btc, you certainly in it as be rich quick scheme. Get out. I haven't even stated a position. You have no idea what I intend to do. I expected answers like these when I posted this topic though. Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: ElectricMucus on November 27, 2013, 07:06:34 PM OP please sell your btc, you certainly in it as be rich quick scheme. Get out. I haven't even stated a position. You have no idea what I intend to do. I expected answers like these when I posted this topic though. Just ask him to provide a signed message for his bitcoin wallet. He's wannabe early investor, but sadly not the cute kind. Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: favelle75 on November 27, 2013, 07:06:49 PM Bitcoin is the exit strategy. That is a fcking T-shirt right there. +1 Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: Nemesis on November 27, 2013, 07:08:56 PM OP please sell your btc, you certainly in it as be rich quick scheme. Get out. I haven't even stated a position. You have no idea what I intend to do. I expected answers like these when I posted this topic though. No i dont need to know your "position" by saying "exit strategy", you assume ppl have the same thought as you. Good luck pig, Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: Hawker on November 27, 2013, 07:10:36 PM A lot of us have been through these bubbles before. A lot of us held and held only to have the price go to a fraction of the top of the bubble. Will you sell a percentage if the price drops a certain amount? Will you sell another percentage of your bitcoins if it drops another amount? Are you holding for the long-run and will not sell no matter how low the price gets? I sold 900 today. Thinking about whether to buy back if the price falls below $800. If not, I am buying apartments. Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: MoreFun on November 27, 2013, 07:12:03 PM A lot of us have been through these bubbles before. A lot of us held and held only to have the price go to a fraction of the top of the bubble. Will you sell a percentage if the price drops a certain amount? Will you sell another percentage of your bitcoins if it drops another amount? Are you holding for the long-run and will not sell no matter how low the price gets? I sold 900 today. Thinking about whether to buy back if the price falls below $800. If not, I am buying apartments. Wait a year or two and buy the whole village of apartments ;) Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: zeroday on November 27, 2013, 07:17:20 PM Just exited from all my fiat at all-time-low USD rate.
Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: Hawker on November 27, 2013, 07:19:45 PM A lot of us have been through these bubbles before. A lot of us held and held only to have the price go to a fraction of the top of the bubble. Will you sell a percentage if the price drops a certain amount? Will you sell another percentage of your bitcoins if it drops another amount? Are you holding for the long-run and will not sell no matter how low the price gets? I sold 900 today. Thinking about whether to buy back if the price falls below $800. If not, I am buying apartments. Wait a year or two and buy the whole village of apartments ;) I am still in 4 figures on Bitcoin and have a new KNC miner doing its magic. I just wanted to lock in the gains since June. Totally agree that the price is still low but its a market and as such not predictable. Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: BittBurger on November 27, 2013, 07:32:33 PM A lot of us have been through these bubbles before. What bubbles? So far its been nothing but a fucking staircase. Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: btcprice on November 27, 2013, 08:00:10 PM OP please sell your btc, you certainly in it as be rich quick scheme. Get out. I haven't even stated a position. You have no idea what I intend to do. I expected answers like these when I posted this topic though. No i dont need to know your "position" by saying "exit strategy", you assume ppl have the same thought as you. Good luck pig, LOL. What are you, in 3rd grade? Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: KFR on November 27, 2013, 08:15:45 PM FWIW the tone was certainly questionable but I don't think it was intended to sound quite as blunt as it did.
http://www.investopedia.com/terms/p/pig.asp Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: btcprice on November 28, 2013, 01:43:34 AM Well it depends on at which point you entered. I entered to the Bitcoin world when BTC was 100 USD so I had my original investment * 10 right now. Also got some Litecoins and made reasonable profit from that. I am super cool but I wont consider I lost money if BTC goes down to 700 USD tomorrow (because actually I did not). If the bubble plops and BTC goes down I might sell a little bit if I consider I will be able to buy cheaper later. Even if it goes down to 400 USD I am a winner here since two months ago I got some BTC for saving and that I did ... That's kind of the way I look at it too. I intend to sell a percentage (I haven't decided how much) if it gets down to a certain level. After that if it gets lower I'll sell another portion. Eventually I would like to sell enough so that my original investment is paid for. After that I'll sit on my bitcoins made from profit until the next run-up. Title: Re: What's your exit strategy? Will you sell as the price goes down from here? Post by: malumeze86 on November 28, 2013, 02:16:56 AM Exit strategy:
Step 1: Secure a few BTC Step 2: Buy a private island with BTC Step 3: Live on my private island! ;D ;D ;D ;D ;D ;D |