jbgc (OP)
Newbie
 Offline
Activity: 28
Merit: 0
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February 22, 2013, 11:05:18 PM |
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A little over a year ago I purchased $5000 worth of coins at about $15/btc as a short-term investment. I have watched it significantly rise and drop in that time. If I am not mistaken, the price per coin currently is about $31 or so.
Lately, I have not been as involved in the bitcoin community as I would like to be, so please forgive me if this is a stupid or repeat question:
Is this price real? Can I sell today and double my investment? Should I sell? Should I hold on and hope that it skyrockets? What is YOUR speculation? I am interested to hear.
Any thoughts or opinions would be more than appreciated!
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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Luno
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February 22, 2013, 11:07:55 PM |
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Yes you can, or you can do both: sell some keep some!
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Tirapon
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February 22, 2013, 11:08:10 PM |
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The bulls are hoping for a media storm if (when) the price breaks the all time high. It might be worth holding out just a little longer to see what happens...
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Peter Lambert
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February 22, 2013, 11:10:19 PM |
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A little over a year ago I purchased $5000 worth of coins at about $15/btc as a short-term investment. I have watched it significantly rise and drop in that time. If I am not mistaken, the price per coin currently is about $31 or so.
Lately, I have not been as involved in the bitcoin community as I would like to be, so please forgive me if this is a stupid or repeat question:
Is this price real? Can I sell today and double my investment? Should I sell? Should I hold on and hope that it skyrockets? What is YOUR speculation? I am interested to hear.
Any thoughts or opinions would be more than appreciated!
Sell half, thus taking out all the money you put in, let the other half keep growing. |
Use CoinBR to trade bitcoin stocks: CoinBR.comThe best place for betting with bitcoin: BitBet.us |
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Garr255
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
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February 22, 2013, 11:11:47 PM |
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If this is money that you could forget about, I would definitely consider holding on. Once Bitcoin is more widely adopted it should be worth much more than it is now.  |
“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
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nobbynobbynoob
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February 22, 2013, 11:14:15 PM |
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Early this morning, I sold... 750 mBTC.  |
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Korbman
Legendary
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Activity: 1064
Merit: 1001
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February 22, 2013, 11:15:05 PM |
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Sell half your coin to get back the initial $15k and neutralize your investment.
Let the other half ride.
Hedging FTW |
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Stephen Gornick
Legendary
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Activity: 2506
Merit: 1010
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February 22, 2013, 11:16:54 PM |
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Can I sell today and double my investment? Are you asking if you were to sell today you would be able to find buyers for 333 BTC ($5K worth at $15)? If so, yes, ... the market can absorb that all at once, and you would get just over $10K ... calculated using 333 BTC X $30.50 X .994 (assuming a 0.6% exchange fee). Thus yes, that would allow you to sell it all today and double your investment. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 22, 2013, 11:19:21 PM |
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Is this price real?
Nope! Can I sell today and double my investment?
Fuck Ya! Should I sell?
Only if you want to double my investment... |
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Tirapon
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August 11, 2014, 06:15:55 PM |
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Market = boring at the moment...
Care to join me as I reminisce on some post from earlier days?
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Torque
Legendary
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Activity: 3556
Merit: 5041
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August 11, 2014, 06:21:35 PM |
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If the OP did indeed sell his 333 BTC in Feb 2013, then let this be a lesson to every bitcoin holder:
If he had held to today, his $5000 initial investment would now be worth ~$193,000. You never know what is going to happen and when.
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jazzhot
Newbie
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Activity: 42
Merit: 0
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August 11, 2014, 06:36:50 PM |
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Now it's time to buy and hold, we are near to the start of the bubble, maybe one or two months to go.
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Unbelive
Full Member
Offline
Activity: 210
Merit: 100
Invest & Earn: https://cloudthink.io
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August 11, 2014, 07:28:21 PM |
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If the OP did indeed sell his 333 BTC in Feb 2013, then let this be a lesson to every bitcoin holder:
If he had held to today, his $5000 initial investment would now be worth ~$193,000. You never know what is going to happen and when.
but if he would sell at right time could be 350.000 USD. |
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InwardContour
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August 11, 2014, 09:27:48 PM |
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If the OP did indeed sell his 333 BTC in Feb 2013, then let this be a lesson to every bitcoin holder:
If he had held to today, his $5000 initial investment would now be worth ~$193,000. You never know what is going to happen and when.
Probably he sold all his bitcoins because he disappeared from the forum, definitely that wasn't a smart decision... |
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hd060053
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August 11, 2014, 09:38:47 PM |
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most of us made the mistake one time and sold BTC. New people will make the mistake too.
But they will learn after this mistake and never sell again.
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Bitcoins101
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August 12, 2014, 10:15:53 AM |
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If the OP did indeed sell his 333 BTC in Feb 2013, then let this be a lesson to every bitcoin holder:
If he had held to today, his $5000 initial investment would now be worth ~$193,000. You never know what is going to happen and when.
Of course, if he sold at the peak, it would be worth more than double that. If....if....if....shouldn't waste time on that. If you could predict the future with absolute certainty, $193K would be small change. |
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DjPxH
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August 12, 2014, 11:12:34 AM |
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A little over a year ago I purchased $5000 worth of coins at about $15/btc as a short-term investment. I have watched it significantly rise and drop in that time. If I am not mistaken, the price per coin currently is about $31 or so.
Lately, I have not been as involved in the bitcoin community as I would like to be, so please forgive me if this is a stupid or repeat question:
Is this price real? Can I sell today and double my investment? Should I sell? Should I hold on and hope that it skyrockets? What is YOUR speculation? I am interested to hear.
Any thoughts or opinions would be more than appreciated!
I think you need to make up your mind on where you see Bitcoin in the future. Don't listen to people on the internet! In my opinion (make up your own mind) you could be well off selling a certain amount of that stash. To maybe recoup those $5000 or more, or less. But It'd definitely keep at least some BTC in a safe place! |
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Kipsy89
Sr. Member
Offline
Activity: 280
Merit: 250
Relax!
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August 12, 2014, 01:01:27 PM |
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A little over a year ago I purchased $5000 worth of coins at about $15/btc as a short-term investment. I have watched it significantly rise and drop in that time. If I am not mistaken, the price per coin currently is about $31 or so.
Lately, I have not been as involved in the bitcoin community as I would like to be, so please forgive me if this is a stupid or repeat question:
Is this price real? Can I sell today and double my investment? Should I sell? Should I hold on and hope that it skyrockets? What is YOUR speculation? I am interested to hear.
Any thoughts or opinions would be more than appreciated!
I think you need to make up your mind on where you see Bitcoin in the future. Don't listen to people on the internet! In my opinion (make up your own mind) you could be well off selling a certain amount of that stash. To maybe recoup those $5000 or more, or less. But It'd definitely keep at least some BTC in a safe place! Hahaha, hell that post is from freaking 2013, man! I guess he already sold or stayed in the game by now  Man, incredible how fearful people used to be and they didn't know the price would go this high, man! |
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alexeft
Legendary
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Activity: 854
Merit: 1000
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August 12, 2014, 01:04:39 PM |
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Freaking 2013!!! Yeay!!!! It's like saying that it's a century old!!! |
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Kipsy89
Sr. Member
Offline
Activity: 280
Merit: 250
Relax!
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August 12, 2014, 01:10:43 PM |
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Freaking 2013!!! Yeay!!!! It's like saying that it's a century old!!! Hahha, in the Bitcoin World this is a millennium, to be honest Man, times are moving at the speed of light in this world. The difficulty nowadays is sooo incdredibly high, you can't even mine at home anymore. |
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