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Title: Does price going up reaffirm or weaken your decision to hold? Post by: gabriella on November 18, 2013, 10:13:48 PM when prices go up it shows more people are putting more confidence into bitcoin so the future price can be higher.
however price rising is adding risk of a bubble forming and popping. how do you balance these two conflicting signs? Title: Re: Does price going up reaffirm or weaken your decision to hold? Post by: Jrock on November 18, 2013, 10:15:00 PM By not watching the price.
Title: Re: Does price going up reaffirm or weaken your decision to hold? Post by: wachtwoord on November 18, 2013, 10:21:28 PM By laughing equally hard at rising and falling prices.
Gotta love the volatility :) Title: Re: Does price going up reaffirm or weaken your decision to hold? Post by: Bitcopia on November 18, 2013, 10:21:47 PM By not watching the price. Good advice for those without self control. The speculator in me can't help but play the game, but my "success" of making negligible amounts of fiat have significantly reduced my total amount of bitcoins. I now only speculate with about 2% of my holdings. Title: Re: Does price going up reaffirm or weaken your decision to hold? Post by: NamelessOne on November 18, 2013, 10:23:24 PM Holding for the longest time since $2 with occasional trading after spikes and drops. Still holding. ;D
Title: Re: Does price going up reaffirm or weaken your decision to hold? Post by: BittBurger on November 18, 2013, 10:52:02 PM THe only correct answer in this thread:
I hold because I have faith in the technology. The paradigm shift occurring. And I watch *very* closely the articles that come out, and constantly have a grip on how the infrastructure and adoption is progressing. That truly is the security I rely on for holding. Nobody among my friends understands this. They think im crazy for not selling at least half my coins right now. They think im "being greedy". In reality, there is a "pulse" to this ... and I see nothing but increased worldwide adoption ahead. Yes, its scary as hell right now. I have so much to lose. But I really do have faith in what Bitcoin is. So I hold. Title: Re: Does price going up reaffirm or weaken your decision to hold? Post by: Nemesis on November 18, 2013, 10:56:08 PM noobs learn this from me....
CASHING OUT =/= Getting RICH! WEALTH = RICH.... Remember that! |