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Author Topic: $32,300 --- How much $$ I sunk into bitcoin since Oct 2013  (Read 2665 times)
Dafar (OP)
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June 12, 2016, 07:05:47 PM
Last edit: June 12, 2016, 10:51:31 PM by Dafar
 #1

Now it's worth $36,170 $38,248 ...... what should I do now?

Take my profit and run before I fall back in red? Or would it be foolish to leave after all these years




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The Sceptical Chymist
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June 12, 2016, 07:10:54 PM
 #2

If you can afford to hold onto it, absolutely hold on to it.  You've obviously held on thus far for a reason,  and I think you'll regret it if you sell.  But I am not an investment advisor.   Lol

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June 12, 2016, 07:44:13 PM
 #3

What cycle of emotions did you go through while you were underwater? Did it turn you into more of a believer as you tried to convince yourself of a bright future or did you start to seethe with resentment?
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June 12, 2016, 07:45:58 PM
 #4

buy high, sell low
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June 12, 2016, 08:06:03 PM
 #5

Hodl strong and don't consider selling a coin till were at least past 2k, you'll be a rich man, or woman. Personally this next rally I peg between 3.5k to 10k with a chance of rocketing past 10k to 20k in the cards : )
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June 12, 2016, 08:07:06 PM
 #6

I would wait up until the halving, then move half to ethereum.

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Dafar (OP)
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June 12, 2016, 08:09:43 PM
 #7

I would wait up until the halving, then move half to ethereum.

Fuck ethereum and fuck off ethereum shill




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ynef
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June 12, 2016, 08:11:36 PM
 #8

I would wait up until the halving, then move half to ethereum.

Fuck ethereum and fuck off ethereum shill

You say this now. Just wait...

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Kprawn
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June 12, 2016, 08:14:28 PM
 #9

Do what I did... I bought low and sold high until I recouped my initial investment.... the rest is pure profit now, so I have virtually no risk after I reached that stage. The initial investment has been withdrawn, to

prevent me from investing more. Even if the Bitcoin price tanked to $1 now, I would still not lose a single sent of my own investment.  Grin .... I bought a major chunk when it was at the $200+ price per

Bitcoin, so I am very much in the green now.  Grin Grin Grin Grin ... I will always keep some Bitcoin stashed away for the "Moon" price.  Wink

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DavidoAlto
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June 12, 2016, 08:21:35 PM
 #10

Now it's worth $36,170 ...... what should I do now?

Take my profit and run before I fall back in red? Or would it be foolish to leave after all these years

I would use a part to cash out (10%), then with every price 15%  bump sell 10% more. Until you got 80% sold.
That money is for the jackpot, while you profit from current rises Wink
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June 12, 2016, 08:26:09 PM
 #11

Now it's worth $36,170 ...... what should I do now?

Take my profit and run before I fall back in red? Or would it be foolish to leave after all these years

You'd be foolish to leave now, very foolish. Does 4000 USD change your life? If yes then cash in, if no then HODL until you see higher profits.

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Dafar (OP)
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June 12, 2016, 08:40:33 PM
 #12

Do what I did... I bought low and sold high until I recouped my initial investment.... the rest is pure profit now, so I have virtually no risk after I reached that stage. The initial investment has been withdrawn, to

prevent me from investing more. Even if the Bitcoin price tanked to $1 now, I would still not lose a single sent of my own investment.  Grin .... I bought a major chunk when it was at the $200+ price per

Bitcoin, so I am very much in the green now.  Grin Grin Grin Grin ... I will always keep some Bitcoin stashed away for the "Moon" price.  Wink


If I re-coupe my initial investment I will only have $4K in bitcoin right now... hardly enough skin in the game to make a meaningful impact if bitcoin does indeed skyrocket




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Dafar (OP)
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June 12, 2016, 08:40:52 PM
 #13

Now it's worth $36,170 ...... what should I do now?

Take my profit and run before I fall back in red? Or would it be foolish to leave after all these years

You'd be foolish to leave now, very foolish. Does 4000 USD change your life? If yes then cash in, if no then HODL until you see higher profits.


How much higher??




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June 12, 2016, 08:44:15 PM
 #14


If I re-coupe my initial investment I will only have $4K in bitcoin right now.

Don't forget that pesky inflation stuff. Bitcoin was supposed to laugh in its face.
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June 12, 2016, 08:44:25 PM
 #15

Now it's worth $36,170 ...... what should I do now?

Take my profit and run before I fall back in red? Or would it be foolish to leave after all these years

You'd be foolish to leave now, very foolish. Does 4000 USD change your life? If yes then cash in, if no then HODL until you see higher profits.


How much higher??

I'm in a similar position regarding my own investment. I've close to doubled my money but I got into bitcoin for more than that.

For the first time though since I got in, around May 2014, I'm starting to ask the same questions you are here.....when do I get out.....

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June 12, 2016, 08:44:55 PM
 #16

Now it's worth $36,170 ...... what should I do now?

Take my profit and run before I fall back in red? Or would it be foolish to leave after all these years

You'd be foolish to leave now, very foolish. Does 4000 USD change your life? If yes then cash in, if no then HODL until you see higher profits.


How much higher??

If you are thinking to cashout just cashout 3870$ and save the rest of money and hold .
But my suggestion to you is to save money till halving the next PUMP will raise the price upto 700$ to 750$ and maybe more so holding is the best option for you , if you think that you will lose your money then cashout all .
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June 12, 2016, 08:48:10 PM
 #17


I'm in a similar position regarding my own investment. I've close to doubled my money but I got into bitcoin for more than that.

For the first time though since I got in, around May 2014, I'm starting to ask the same questions you are here.....when do I get out.....

Old thread with some quaint expectations but worth a read if you haven't read it already - https://bitcointalk.org/index.php?topic=345065.0

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June 12, 2016, 08:50:26 PM
 #18

If I was you I would sell 25% of them to secure profits and keep the rest for when the price goes up even higher. I think there is much more room for growth in the price while we have the block halving infront of us.
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June 12, 2016, 08:53:13 PM
 #19

If I was you I would sell 25% of them to secure profits and keep the rest for when the price goes up even higher. I think there is much more room for growth in the price while we have the block halving infront of us.


I'm too greedy... I hate to see my bitcoin count go down. I have 56 right now but would have had 70 if I didn't fuck around. I want to go back to 70 and HODL




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June 12, 2016, 08:58:12 PM
 #20

If I was you I would sell 25% of them to secure profits and keep the rest for when the price goes up even higher. I think there is much more room for growth in the price while we have the block halving infront of us.


I'm too greedy... I hate to see my bitcoin count go down. I have 56 right now but would have had 70 if I didn't fuck around. I want to go back to 70 and HODL

Then there are 2 options.

1 - Trade your way up to 70 Bitcoins which is achievable if you have enough trading skills.

2 - Anticipating on the after block halving dump. Keep holding till we are 1 or 2 days away from the block halving to secure profits, and buy back after the halving as the price will come down heavily.

I personally will go for option 2 to increase my coin count as I am not a trader.
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