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Author Topic: What plans do you have for your BTC stash?  (Read 8014 times)
Digit-0
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November 05, 2015, 11:28:34 AM
 #21

I'm planning to sell some items in my house that I don't use anymore and proceeds will be converted to BTC and I think like 30% of my pay this payday will be converted to BTC, looks like this climb will not stop till end of this year and I want to take advantage of this.

Not a bad idea, im like you, i mean that i have some ítems here that i really dont need, maybe is time to convert them into btc if possible ofc.

Btw about the main question my plan is just to hold a Little bit more, because im pretty sure that the current price is nothing compared witch what is coming Wink, the recent increased Price dont help me to get a Little bit more of cheap bitcoins.
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November 05, 2015, 11:43:29 AM
 #22

My plan was always to recoup my investment capital and then only to invest the profits. I have done that and I am now setting my goals on eliminating all my debt with the investment profits, I make from Bitcoin. I want to free myself from any further involvement with debt, either from banks or other financial institutions. A debt free life, will be a joyfull life.  Grin

I have been the hamster running in the little debt wheel, it is time to open the cage! Time to live.  Cool

We are so focus on paying debt and interest on debt, that we do not take opportunities to enjoy life. When you open your eyes and all debt are paid, you are left with a burnt out body and no energy to enjoy the fruits of your labor.  Roll Eyes

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November 05, 2015, 11:56:52 AM
 #23

My plan is to increase the amount of coins I have each month. With a lower Bitcoin price it's much easier to convert fiat into Bitcoin. Glad I have started with it months before the price started to sky rocket. As long as it stays below $400 I will continue with buying Bitcoin.

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November 05, 2015, 12:10:43 PM
 #24

My plan for this year, buying bitcoin and hold it until the end of the year, yeah I see bitcoin this year has the potential to rise to $600

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darkangel11
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November 05, 2015, 01:58:14 PM
 #25

I have some and don't plan on buying more. I'll actually cash out if it reaches $800 again, i'm tired of holding.

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November 05, 2015, 02:40:04 PM
 #26

I will just hold a decent amount of Bitcoins for the future, as I believe in it and think that its price will be higher by then. After that, I would take some of my Bitcoins from another wallet and buy a miner with it.  Grin

 

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November 05, 2015, 10:13:16 PM
 #27


I have thought that over since this latest spike.  I will now likely to buy gold as BTC prices go up, say, 30% quickly or reach $550 or so whichever comes first.  But, I will always hang on to enough BTC that should the price go to $5000 or more then it will meaningfully change my life.

A sensible plan. What changed your way of thinking?




gentlemand

The severe price spike as well as lingering doubts that Bitcoin will be as permanent as I would like helped me realize that as I make some profit that some of that should be cashed in for gold.

I have no special insight into nor deep knowledge of Bitcoin to really know what will happen.  Uncertainty suggests to me that caution is not a bad idea.
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November 05, 2015, 10:29:20 PM
 #28

I have about 25btc now, but I will cash out for $25M someday.
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November 07, 2015, 08:17:22 AM
 #29

I plan to hold at least 50% of my stash till the 2020 block reward halving.  Smiley

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November 08, 2015, 06:58:52 AM
 #30

my strategies , selling when btc price up 200% , and all of my btc was already sold  Grin

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November 08, 2015, 08:18:29 AM
 #31

I'm looking forward to selling quite a bit in 2016 when block rewards halve.
I think it's great that we're seeing these mini bubbles, it sets the tone for what's about to come I think.


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November 08, 2015, 08:35:53 AM
 #32

Plan to keep what I have and grow it when possible for now. If the price does rise substantially (no hurry) I'd like to sell just enough to recoup my investment - at that point it's basically all profit, let's see where this goes.

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November 08, 2015, 09:16:34 AM
 #33

My plan was always to recoup my investment capital and then only to invest the profits. I have done that and I am now setting my goals on eliminating all my debt with the investment profits, I make from Bitcoin. I want to free myself from any further involvement with debt, either from banks or other financial institutions. A debt free life, will be a joyfull life.  Grin

I have been the hamster running in the little debt wheel, it is time to open the cage! Time to live.  Cool

We are so focus on paying debt and interest on debt, that we do not take opportunities to enjoy life. When you open your eyes and all debt are paid, you are left with a burnt out body and no energy to enjoy the fruits of your labor.  Roll Eyes

Hopefully you can free from your debt and enjoy your life/business happily.  Smiley
For some reason, bitcoin maybe can help you a bit, but not for big money.

Many people loss a lot too on BTC. We need to see the fact, not only opinion or hope.

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November 08, 2015, 10:01:39 AM
 #34

My plan was always to recoup my investment capital and then only to invest the profits. I have done that and I am now setting my goals on eliminating all my debt with the investment profits, I make from Bitcoin. I want to free myself from any further involvement with debt, either from banks or other financial institutions. A debt free life, will be a joyfull life.  Grin

I have been the hamster running in the little debt wheel, it is time to open the cage! Time to live.  Cool

We are so focus on paying debt and interest on debt, that we do not take opportunities to enjoy life. When you open your eyes and all debt are paid, you are left with a burnt out body and no energy to enjoy the fruits of your labor.  Roll Eyes

That is so wise and the best you can do! Get rid off those damn debts. The only one you're doing a favour with this are the stupid banks.
I guess when you've reached that goal you will feel like a completely new person. Debts make you a slave to banks.After that you will be free.
And for the future continue getting bitcoins of course.Never stop doing this! Smiley

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November 10, 2015, 08:24:56 AM
 #35

Plan to keep what I have and grow it when possible for now. If the price does rise substantially (no hurry) I'd like to sell just enough to recoup my investment - at that point it's basically all profit, let's see where this goes.

This is a good strategy. At least you get your original investment back. It works well when you sell at a very high price so the left over investment is still worth a lot.
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November 10, 2015, 08:55:06 AM
 #36

For now i'm just trying to keep it safe and work hard to get more

Just building up a secure future and hoping that it will grow in value
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November 10, 2015, 09:25:02 AM
 #37

I have had to raise my hand and solemnly swear that I will not interfere with BitChicks Husband's plan of following the SSS plan this time.  He is reminding me almost daily now about how many more coins we would have if only we would have sold, should have sold and so on.  So I have to just shut up and do it "his way."  Wink

Granted, we were noobs in 2013 and purchased right before the November bubble.  Not much time to learn some of the harder lessons that come along.  Now that we have experienced the long and painful extended season of no movement, we can play that game wiser.  I am all for selling some at intervals but I just want to set our rake higher than he does.  Oh well.

But the plans are to pay for our daughter's college education when the price bubbles first and foremost (with the cost of college lately we need quite a bit for that).  There are charities we will be donating 10% to when we cash out as well.  It will be great to do that.


Beyond that we will have to see.  Maybe some better vacations will be an option in the future?

So your conclusion is to buy and buy again instead of sell and sell it again?
From your post, i see you really believes in bitcoin until you give many of your money to invest in BTC (from your daughter collage and charities).

IMHO, after the BTC losing streak from Nov 2013 until now. That's quite possible BTC can going up back or maybe more than Nov 2013 price.
But in term of "Best Wise Decision", invest it with good amount of money that not give too much effect if something bad happen is good for me.

Hope it good for you too.
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November 10, 2015, 09:42:05 AM
 #38

For sure I will hold. Or to tell better. I will hold mines. Everyone has its strategies about bitcoin and no one can give mind in what to do. Because bitcoin price is unpredictable. Everyone can tell only what he will do with him's bitcoins. And to explain him's why. I will hold my bitcoins because I hope to a much more higher price than the actual one. This mean hold those maybe for long time. But i will wait.

The first good sign that make me happy and make me 'wonder" about my dreams connected with bitcoin is its behavior the last bubble. The price rose with about 100% and then drop for about 50%. It is the 4 or 5 days today that the price is stable. If bitcoin will continue with this price this is the first sign that the theory about bitcoin have sense and can be verified. Everyone of use predicted before that with the spread of bitcoin will be higher price and less volatility. As it was told the increase of price was as a consequence of the higher demand from China. Not a speculation. The actual price testify that the increase of the demand (which normally mean more spread of knowledge about it and need to have some or more) brought a higher price. And less volatility. It was only one bubble. So, what was hoped was verified. If it will continue in this way (go high 100% and drop 50 or in other figures but the second one always less than the first) everyone of us has reason to have more true hopes about it.

Those hopes are one more reason for me to hold those.
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November 10, 2015, 09:50:44 AM
 #39

For sure I will hold. Or to tell better. I will hold mines. Everyone has its strategies about bitcoin and no one can give mind in what to do. Because bitcoin price is unpredictable. Everyone can tell only what he will do with him's bitcoins. And to explain him's why. I will hold my bitcoins because I hope to a much more higher price than the actual one. This mean hold those maybe for long time. But i will wait.

The first good sign that make me happy and make me 'wonder" about my dreams connected with bitcoin is its behavior the last bubble. The price rose with about 100% and then drop for about 50%. It is the 4 or 5 days today that the price is stable. If bitcoin will continue with this price this is the first sign that the theory about bitcoin have sense and can be verified. Everyone of use predicted before that with the spread of bitcoin will be higher price and less volatility. As it was told the increase of price was as a consequence of the higher demand from China. Not a speculation. The actual price testify that the increase of the demand (which normally mean more spread of knowledge about it and need to have some or more) brought a higher price. And less volatility. It was only one bubble. So, what was hoped was verified. If it will continue in this way (go high 100% and drop 50 or in other figures but the second one always less than the first) everyone of us has reason to have more true hopes about it.

Those hopes are one more reason for me to hold those.

Did you just hold it?
or maybe you are also trading your BTC. When the btc price going up almost 100%, sell..
and buy again when the price becomes normal?

I believes bitcoin price will keep going up (in my opinion) but just hold it and not to sell it until few years, i think that way only for big investment and not for people who just hold under 10BTC.
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November 10, 2015, 10:00:35 AM
 #40

For sure I will hold. Or to tell better. I will hold mines. Everyone has its strategies about bitcoin and no one can give mind in what to do. Because bitcoin price is unpredictable. Everyone can tell only what he will do with him's bitcoins. And to explain him's why. I will hold my bitcoins because I hope to a much more higher price than the actual one. This mean hold those maybe for long time. But i will wait.

The first good sign that make me happy and make me 'wonder" about my dreams connected with bitcoin is its behavior the last bubble. The price rose with about 100% and then drop for about 50%. It is the 4 or 5 days today that the price is stable. If bitcoin will continue with this price this is the first sign that the theory about bitcoin have sense and can be verified. Everyone of use predicted before that with the spread of bitcoin will be higher price and less volatility. As it was told the increase of price was as a consequence of the higher demand from China. Not a speculation. The actual price testify that the increase of the demand (which normally mean more spread of knowledge about it and need to have some or more) brought a higher price. And less volatility. It was only one bubble. So, what was hoped was verified. If it will continue in this way (go high 100% and drop 50 or in other figures but the second one always less than the first) everyone of us has reason to have more true hopes about it.

Those hopes are one more reason for me to hold those.

Did you just hold it?
or maybe you are also trading your BTC. When the btc price going up almost 100%, sell..
and buy again when the price becomes normal?

I believes bitcoin price will keep going up (in my opinion) but just hold it and not to sell it until few years, i think that way only for big investment and not for people who just hold under 10BTC.

Yours are only words. How do you know that it will go down after 100% of increase? How do you know that the 100% will be the final higher price? If it will go 300% and then drop 100%? Or go 400% and stay there? I have lost my bitcoins forever in every of cases mentioned by me in this post. No one know the behavior of bitcoin. If you try to speculate with it you can lose (or win). I don't prefer to risk. That's why i want and prefer only to hold.
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