BTC success story! Do you still have anything in Bitcoin, or plan to get back in at any point?
Well, I took pretty much all I had in BTC when price was at around 200$. I could have made much more though, as I did a lot of day trading, winning big money, losing big money, to come at about the point I started with! I sold a few time to catch up a few days later (at loss) when I saw that the "bubble" didn't want to pop. But I prefer to say that I also could have lost a lot more, and I stopped at about the right time.
Although I continue mining coins at 3.54GH/s (array of custom FPGA design). I remember those days where the mining profit calculator was telling me 1000$/months (with less hashing power). Up to 2 weeks ago, I still was at 500+$/months. Now it's barely telling me 300$/months, the difficulty will raise again in a few days, and the BTC price is melting
Yet, I burn approx 41$/months in electricity, so I still have a margin
If this BFL single could just arrive now... But, however, when I used to pop a BTC per 3 days (with less processing power), I now only pop a BTC per 9~10 days...
So, I still make some BTC, but tend to cash out regularly, like once per month. I don't hoard anymore. If I would have had a few K$ worth of BTC, the story would be different, but now, with less than 250~500$ worth, and the price that don't increase much, what is it worth to keep BTC and hope it raises 20% in a week. That would give me 50$ (assuming I had 250$ worth of BTC), when I would make that 50$ anyway by mining in that timeframe.
Well, it's not such a bad strategy after all, considering that I would have lost more holding to BTC than exchanging regularly for fiat. Really sad days for Bitcoins
Poll
