Bitcoin Forum

A little over a year ago I purchased $5000 worth of coins at about $15/btc as a short-term investment. I have watched it significantly rise and drop in that time. If I am not mistaken, the price per coin currently is about $31 or so.

Lately, I have not been as involved in the bitcoin community as I would like to be, so please forgive me if this is a stupid or repeat question:

Is this price real? Can I sell today and double my investment? Should I sell? Should I hold on and hope that it skyrockets? What is YOUR speculation? I am interested to hear.

Any thoughts or opinions would be more than appreciated!

Yes you can, or you can do both: sell some keep some!

The bulls are hoping for a media storm if (when) the price breaks the all time high. It might be worth holding out just a little longer to see what happens...

Sell half, thus taking out all the money you put in, let the other half keep growing.

If this is money that you could forget about, I would definitely consider holding on. Once Bitcoin is more widely adopted it should be worth much more than it is now. :)

Early this morning, I sold...

750 mBTC. ;D

Hedging FTW :)

Are you asking if you were to sell today you would be able to find buyers for 333 BTC  ($5K worth at $15)?

If so, yes, ... the market can absorb that all at once, and you would get just over $10K ... calculated using 333 BTC X $30.50 X .994 (assuming a 0.6% exchange fee).

Thus yes, that would allow you to sell it all today and double your investment.

Nope!

Fuck Ya!

Only if you want to double my investment...

Market = boring at the moment...

Care to join me as I reminisce on some post from earlier days?

If the OP did indeed sell his 333 BTC in Feb 2013, then let this be a lesson to every bitcoin holder:

If he had held to today, his $5000 initial investment would now be worth ~$193,000.  You never know what is going to happen and when.

Now it's time to buy and hold, we are near to the start of the bubble, maybe one or two months to go.

but if he would sell at right time could be 350.000 USD.

Probably he sold all his bitcoins because he disappeared from the forum, definitely that wasn't a smart decision...

most of us made the mistake one time and sold BTC. New people will make the mistake too.

But they will learn after this mistake and never sell again.

Of course, if he sold at the peak, it would be worth more than double that.

If....if....if....shouldn't waste time on that. If you could predict the future with absolute certainty, $193K would be small change.

I think you need to make up your mind on where you see Bitcoin in the future. Don't listen to people on the internet! In my opinion (make up your own mind) you could be well off selling a certain amount of that stash. To maybe recoup those $5000 or more, or less. But It'd definitely keep at least some BTC in a safe place!

Hahaha, hell that post is from freaking 2013, man! I guess he already sold or stayed in the game by now :D Man, incredible how fearful people used to be and they didn't know the price would go this high, man!

Freaking 2013!!! Yeay!!!! It's like saying that it's a century old!!!  :D

Hahha, in the Bitcoin World this is a millennium, to be honest :D Man, times are moving at the speed of light in this world. The difficulty nowadays is sooo incdredibly high, you can't even mine at home anymore.

Holy moley this thread is already 1.5 years old! Really, for Bitcoin this is an eternity! I hope you sold only parts of your stash and are still sitting on most of it or at least sold your coins at one of the peaks in 2013!!!

lol, just look at the date and the bitcoin price.. are you actually reading the topics or is it just spam to get more btc for your posts?

I really dont like how spammy and full of nonsense this forum turned, considering that half of the users are "farming" posts. Especially when 2 or more users with primedice signatures start to "talk" with each other, while quoting the other one and writing just one sentence.

Enough of ranting for now.

Personally i really love to read these "old" threads, it shows how little the mind changed in a lot of users. I just hope that people learn from the mistakes that were made in the past. (Hint: Don't sell your coins! :))