Bitcoin Forum
November 18, 2017, 11:13:47 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Poll
Question: When will you start to sell half of your coins?
I do it daily
at $30
at $100
at $1000
at $10,000
Below 200day SMA
Not in latest 10 years

Pages: « 1 2 3 4 5 [6] 7 »  All
  Print  
Author Topic: When are you going to cash out?  (Read 10755 times)
BitcoinRate.com
Member
**
Offline Offline

Activity: 116



View Profile WWW
February 10, 2013, 11:10:50 PM
 #101

I'm selling when I see a relatively large price drop hopefully just before the crash.

You and everyone else Wink

I'm no expert here, but shouldn't one be buying on the large price drops and selling on the increases?

Sure, but in case one only has BTC on exchanges, one can better seel at the beginning of the drop and buy back at the bottom. Of course, if you can get USD/EUR to your exchange quick enough or are prepared you can hold and buy.

★ Get +16GB extra on your Dropbox: https://bitcointalk.org/index.php?topic=142163.0
1511003627
Hero Member
*
Offline Offline

Posts: 1511003627

View Profile Personal Message (Offline)

Ignore
1511003627
Reply with quote  #2

1511003627
Report to moderator
1511003627
Hero Member
*
Offline Offline

Posts: 1511003627

View Profile Personal Message (Offline)

Ignore
1511003627
Reply with quote  #2

1511003627
Report to moderator
A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511003627
Hero Member
*
Offline Offline

Posts: 1511003627

View Profile Personal Message (Offline)

Ignore
1511003627
Reply with quote  #2

1511003627
Report to moderator
1511003627
Hero Member
*
Offline Offline

Posts: 1511003627

View Profile Personal Message (Offline)

Ignore
1511003627
Reply with quote  #2

1511003627
Report to moderator
1511003627
Hero Member
*
Offline Offline

Posts: 1511003627

View Profile Personal Message (Offline)

Ignore
1511003627
Reply with quote  #2

1511003627
Report to moderator
notme
Legendary
*
Offline Offline

Activity: 1848


View Profile
February 11, 2013, 02:41:33 AM
 #102

I'm selling when I see a relatively large price drop hopefully just before the crash.

You and everyone else Wink

I'm no expert here, but shouldn't one be buying on the large price drops and selling on the increases?

Sure, but in case one only has BTC on exchanges, one can better seel at the beginning of the drop and buy back at the bottom. Of course, if you can get USD/EUR to your exchange quick enough or are prepared you can hold and buy.

Just make sure your trigger price is valid or you will end up chasing the train.  I had 1000 btc when we passed $2 the first time and quite a bit less the second time.  Shorting in this market can be a bitch.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
flaab
Full Member
***
Offline Offline

Activity: 121


View Profile
February 11, 2013, 11:13:05 AM
 #103

I already cashed out. I got out of USD and now have real money.
Mh...What would you do with 40k bitcoins? I would be definetely cash out some of them to gold/silver.
Anyway, Eric, should you hit the bid on your 40.000BTC today, you would drive the BTCUSD to 20 single handed.
Anon136
Legendary
*
Offline Offline

Activity: 1316



View Profile
February 11, 2013, 11:32:53 AM
 #104

never but i may silver out some day.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
grondilu
Legendary
*
Offline Offline

Activity: 1134


View Profile
February 15, 2013, 11:01:58 PM
 #105

I do hoard because the amounts of bitcoins I own is not that big.  Were I to sell my bitcoins into euros, I would have no idea about what to do with this money.  I already have stock holdings and I'm not confindent enough about that to increase my positions there.

I can sell a few bitcoins from times to times to buy stuff.  But the most of it, the only reason I could imagine to sell it would be if the selling could allow me to afford buying real estate or something.

Otherwise, there is no way I stop hoarding bitcoins and start hoarding fiat instead.   I don't know what so hard to understand.

In a nutshell, can someone tell me why hoarding bitcoins is bad, while selling them so I can hoard euros would be good??

If hoarding is bad, it should not matter in which currency it is done.
evolve
Hero Member
*****
Offline Offline

Activity: 700


daytrader/superhero


View Profile
February 16, 2013, 08:19:17 AM
 #106

Daytraded/swingtraded until the recovery from the mini crash...cashed out completely and staying in USD until the big one brings us down to reasonable prices.
shkiser
Sr. Member
****
Offline Offline

Activity: 336


View Profile
March 02, 2013, 09:08:01 PM
 #107

Nothing lasts forever. Thats is why I am continually trying to turn a profit on my btc.. selling out buying in.. every day..
Trying to squeeze the most profits possible.

I sell a real life product for btc, I inturn buy another product with those btc, sell it for cash, using that cash to buy more bitcoins, and reinvest those with my other bitcoins, to buy again, and sell for cash... Is this the most profitable way to go about this ?
one thing is for sure, my capital is gaining every month. Ive never had so much money and btc to play with..

Free Litecoin Faucet ---> http://ltc4you.com/?r=6840
kwukduck
Legendary
*
Offline Offline

Activity: 1898


View Profile
November 28, 2013, 06:01:10 PM
 #108

I don't cash out, i use it to buy services and goods and rebuy my btc to replace the old ones...
How about we start using it as currency to change our current financial system and not use it as pump and dump and leave everybody hanging in the end.

14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
Rampion
Legendary
*
Offline Offline

Activity: 1106


View Profile
December 05, 2013, 11:59:55 AM
 #109

Daytraded/swingtraded until the recovery from the mini crash...cashed out completely and staying in USD until the big one brings us down to reasonable prices.

Ouch.

piramida
Legendary
*
Offline Offline

Activity: 1120



View Profile
December 05, 2013, 12:12:40 PM
 #110

Daytraded/swingtraded until the recovery from the mini crash...cashed out completely and staying in USD until the big one brings us down to reasonable prices.

Ouch.

yeah he sucked Smiley

i am satoshi
neutralist
Member
**
Offline Offline

Activity: 86


View Profile
December 05, 2013, 01:25:00 PM
 #111

Apparently "the second coming of Christ" was not an option. This is when I would cash out.
wachtwoord
Legendary
*
Offline Offline

Activity: 1624


View Profile
December 05, 2013, 01:38:11 PM
 #112

Apparently "the second coming of Christ" was not an option. This is when I would cash out.

That's not in ten years.

Sindelar1938
Hero Member
*****
Offline Offline

Activity: 490


View Profile
December 05, 2013, 03:49:23 PM
 #113

Not below 10k

gh0st
Newbie
*
Offline Offline

Activity: 21


View Profile
December 05, 2013, 03:56:47 PM
 #114

Cashed out 1/6 of the wallet when China news was announced... USD987 / BTC
Oh, i regret this now... i panicked. Sad

Pre-order: KnC Neptune 3TH ┗(°0°)┛
tonto
Hero Member
*****
Offline Offline

Activity: 606


View Profile
December 05, 2013, 04:04:25 PM
 #115

Since I'm sitting at a little over 5btc (yeah I sold earlier to buy some guns and other crap), and when btc is approx $2000 ea I will buy a couple gold bars from amagimetals, and then will hold the rest until they're worth a little over $10k each so I can buy a sailboat I've had my eyes on for a while. Smiley   Well by then the sailboat might be $50k or $60k, so I'll have to adjust my buyout price so I can buy that.  I might try to hold off a little longer so I can afford a marina slip to store it so I don't have to trailer it all the time Smiley
redwoods
Jr. Member
*
Offline Offline

Activity: 52


View Profile
December 05, 2013, 04:05:56 PM
 #116

4 coins was all I could afford back in March, they cost me £330 in total, I'll probably sell 0.4btc or so to cover my initial outlay, and keep the rest, If we get to $5k I might sell one, $10k maybe another, which should leave about 1.5BTC to keep until we get to $1,000,000  Cheesy

18U4bqVs2HswDTBdc5D2mzTbJCHDFaikhs
superresistant
Legendary
*
Offline Offline

Activity: 1652



View Profile
December 05, 2013, 04:11:21 PM
 #117

I'll start at $100K.

Here's my bag so you don't ask : Bitcoin, tenX, iexec, byteball and pepecash
BitchicksHusband
Sr. Member
****
Offline Offline

Activity: 378


View Profile
December 05, 2013, 04:15:09 PM
 #118

Apparently "the second coming of Christ" was not an option. This is when I would cash out.

I'll be too busy walking in the sky with Jesus to worry about bitcoins anymore.  Besides, who needs bitcoins when the streets are paved with gold?

1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
DGD4Life
Newbie
*
Offline Offline

Activity: 5


View Profile
December 05, 2013, 04:18:22 PM
 #119

Cashed out 1/6 of the wallet when China news was announced... USD987 / BTC
Oh, i regret this now... i panicked. Sad

Hello, I am new! (been lurking for months though)

I panicked during the Silk Road closedown crash and tried to sell bitcoins i'd bought for ~£100 a piece for $110 a piece. I was chucking in the towel. The bitcoin dream was over for me. I was prepared to take a tiny profit and run.

Fortunately the guy on localbitcoins.com I chose to buy my coins sent me an e-mail saying he hadn't got the funds. During this time the price dropped under $100 so i decided to bite the bullet and hold.

I'm kind of glad I did now Smiley
udet4food
Sr. Member
****
Offline Offline

Activity: 409


View Profile
December 05, 2013, 04:20:19 PM
 #120

I will never cash out all Bitcoins if you mean this, I fear I would have rebuy much higher later
Pages: « 1 2 3 4 5 [6] 7 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!