Bitcoin Forum

Let's get real here:

Take some money off the table. Diversify.

Use some of your bitcoin, and buy some gold, silver, euros, and dollars.

Don't try to call a top, don't get greedy, do it now.

When you start to extrapolate your personal wealth out x years due to your brilliant stumble into this phenom, it's time to think.

Think.

Think.

EXACTAMUNDO!

At $95, you are telling people to buy $???

If you bought in at $5 or $20 and are holding thousands of BTC, sure, but most of this is "new money" ...  I don't think anyone newly invested should be jumping ship just yet.

+10,000 very very good advice.  DON'T sell all of your coins, but it's crazy not to at least take a piece off the table at these prices.  If you have enough, buy a house or a car or something just in case bitcoin does crash you're not left with nothing.

I do believe we are the new wealthy elite gentlemen.  ;-)

Let's just not be stupid about it

Earning money is only half of the road to being rich. Not losing money is even harder.

So you can buy more cheaper? Sorry but no.

Agreed! Hence, hedge with a little fiat, in case it all goes tits up. That will always be a non-zero risk, because of the nature of cryptography.

If it all plays out well then the person who ignored risk will do better than me, but I don't mind because I will do alright.

If it goes to the wall, that person will do much worse than me. Some people will do much, much worse. Yeah, that's right, *2* muches. Think on!

Totally agree. This brings another thought: bitcoin can generate profit to infinite if people keep buying, then selling to make profit to other people willing to do the same and so on. Some people have to pay a shit load of money at some point to make the others filthy rich. As long as bitcoin is all about speculation, it really sounds like a money pyramid scheme...

it may sound like it but bitcoin is supposed to cover whole internet trade. Count how much is it.

Bitcoin is far more than a bunch of people speculating on it's price ;-)

I have only 3,4% of my wealth in bitcoins, so I think I can stick with them for a little longer :-)

I have 93% of my wealth in bitcoins.
And I don't even know how it works ^^.

Money you don't lose by being greedy, buys just as many nice things as money you make by being right.

ITT: Some guy wants you to sell you his coin for discount.

Are the majority of you guys able to sell off a "little bit" of your BTC holdings to buy a house with? Jeesus I'm out of me league here!

Don't worry: I doubt this forum is peppered with "bitcoin millionaires".

Those who discovered Bitcoin in 2009/10 may have mined thousands of BTC, but many of those lost or exchanged them. The 2011 bubble would've weeded out many others besides, and helped diversify the 'coins.

Bitcointalk's communal forum kitty (from donations) amounts to "only" about BTC5200 last time I looked, which is really only a small fortune at today's market rates, and not a large one.

We may have a few Max Keisers around here, however. My personal holdings won't make me anywhere near rich until the exchange rate is well into five or six figures in USD terms, and the same probably applies for many others. But then, Bitcoin is not a get-rich-quick scheme; it's about so much more than that (even though getting rich is possible).

Check my sig.

Buy some Litecoin with your BTC  :D

LOL I love it

Well, since LTC is only good for buying BTC that seems to be doing it backwards.

No thanks.

Unless you shop on Darknet underground markets.  :)

http://www.reddit.com/r/SilkRoad/comments/1adz70/