Bitcoin Forum
March 29, 2024, 09:51:56 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Must... resist... urge... to sell...  (Read 2633 times)
ehoffman (OP)
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
March 20, 2013, 09:18:13 PM
 #1

I have transaction to Mt. Gox, no confirmation yet Shocked

Too tempting to sell...  But I did that 2 days ago and I ended up buying back at small loss, it just didn't go down  Tongue

Like my comments?  Cheer me up at 137s1qFV63M6SXWhKkwjaZKEeZX23pq1hw
Don't like my comments, donate to the BCRT (better comment research team) here at 1A1PbZypjEe7yanj69ApVS1FhK8UMW7Wdc Smiley
1711705916
Hero Member
*
Offline Offline

Posts: 1711705916

View Profile Personal Message (Offline)

Ignore
1711705916
Reply with quote  #2

1711705916
Report to moderator
1711705916
Hero Member
*
Offline Offline

Posts: 1711705916

View Profile Personal Message (Offline)

Ignore
1711705916
Reply with quote  #2

1711705916
Report to moderator
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711705916
Hero Member
*
Offline Offline

Posts: 1711705916

View Profile Personal Message (Offline)

Ignore
1711705916
Reply with quote  #2

1711705916
Report to moderator
Brushan
Member
**
Offline Offline

Activity: 224
Merit: 10



View Profile
March 20, 2013, 09:19:41 PM
 #2

I don't think it will in a near future. Just hold on to them and watch your wealth grow  Grin
deathcode
Copper Member
Sr. Member
****
Offline Offline

Activity: 1414
Merit: 253


Eloncoin.org - Mars, here we come!


View Profile
March 20, 2013, 09:22:43 PM
 #3

Why would you sell?
If you're in it since January (Not that long at all) you're up 500% already...
even if BTC goes down to $30 you're still making 200% or more on your money...
There is no reason to sell at all unless of course you need the USD for non BTC transactions.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
Mars,           
here we come!
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
ElonCoin.org.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
ehoffman (OP)
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
March 20, 2013, 09:23:11 PM
 #4

Yeah, last time, when it nailed 60, it did just like now.  It retracted a bit to 55, and sat quietly there until going up again...

Like my comments?  Cheer me up at 137s1qFV63M6SXWhKkwjaZKEeZX23pq1hw
Don't like my comments, donate to the BCRT (better comment research team) here at 1A1PbZypjEe7yanj69ApVS1FhK8UMW7Wdc Smiley
mccorvic
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
March 20, 2013, 09:24:21 PM
 #5

If you sell, you will be sad.

If you like to be sad, then please sell.

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
ehoffman (OP)
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
March 20, 2013, 09:24:28 PM
 #6

Why would you sell?
If you're in it since January (Not that long at all) you're up 500% already...
even if BTC goes down to $30 you're still making 200% or more on your money...
There is no reason to sell at all unless of course you need the USD for non BTC transactions.

Ahh. the daytrader in me...  Want to sell before crash, buy 20~30% lower...  Bad me... bad...

Like my comments?  Cheer me up at 137s1qFV63M6SXWhKkwjaZKEeZX23pq1hw
Don't like my comments, donate to the BCRT (better comment research team) here at 1A1PbZypjEe7yanj69ApVS1FhK8UMW7Wdc Smiley
nobbynobbynoob
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


Annuit cœptis humanae libertas


View Profile WWW
March 20, 2013, 09:28:11 PM
 #7

I've sold my BTC during rallies... for LTC. Grin

But right now I feel no urge to trade BTC for fiat, same goes for vice versa. It's good just to watch.

Earn Free Bitcoins!   Earn bitcoin via BitcoinGet
BTC tip: 1PKkvuwC24Vqjv9odigXs1QVzE66jEJqmb (if <200 µBTC, please donate to charity)
LTC tip: LRqXaNdF79QHvhPpS5AZdEJZnLiNnAkJvq (if <Ł0,05, please donate to charity)
humanitee
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 502



View Profile
March 20, 2013, 09:29:30 PM
 #8

Why would you sell?
If you're in it since January (Not that long at all) you're up 500% already...
even if BTC goes down to $30 you're still making 200% or more on your money...
There is no reason to sell at all unless of course you need the USD for non BTC transactions.

Ahh. the daytrader in me...  Want to sell before crash, buy 20~30% lower...  Bad me... bad...

Whatever man, you can buy %100 lower if you SELL RIGHT NOW. Listen to that illogical part of your brain, he's totally right.

▄▄▄██████▄▄▄
▄███▀▀▀▀▀████▄▄ █▄▄
▄▄          ▀▀████▄  ██▄
█████▄            ▀█████  ██▄
▄█████████           ▀█████ ███▄
▄█████████▀▀           ▀█████ ███▄
▄███  █████             ▀█████ ████
███  █████                █████ ████
███ █████                  ████  ████
███ █████                ▄████  ████
███ █████                ███████████
▀██ █████▄                █████████
▀██ ██████▄                ▀█████
▀██ ███████                  ▀▀▀
▀██ ██████▄▄                 
▀██ ██████▄▄▄▄▄▄▄▄▄▄▄▄███▀
▀▀ █████████████████▀
▀▀▀██████▀▀▀▀

Fast, Secure, and Fully

DecentralizeTrading
BACKED BY:
─────────────────────────
BINANCE
─────── LAB
&█████████████████████████████████ █  ███
█▀    ▀█  ███▀▀▀▀▀████████  ████▀▀███▀ █
█  █████    ▄▄▄▄▄  █  ▀  █    ███  █  ██
█▄    ▀█  ██       █  ▄███  ██████   ███
█████  █  ██  ███  █  ████  ████  ▄  ███
█▄    ▄█▄  ▄█▄     ▀  ████▄  ▄█   ██  ██
████████████████████████████████████████


  Whitepaper
 Medium
Reddit
mccorvic
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
March 20, 2013, 09:29:51 PM
 #9

I've sold my BTC during rallies... for LTC. Grin

Please tell me what it's like to make a terrible investment. I'm curious.  

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
str4wm4n
Legendary
*
Offline Offline

Activity: 1611
Merit: 1001


View Profile
March 20, 2013, 09:31:08 PM
 #10

ineededausername
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


bitcoin hundred-aire


View Profile
March 20, 2013, 09:38:29 PM
 #11

Yesterday I was tempted to sell at $55, because I thought that the 49->32 crash would happen again and it would go to 45.  Nope... so then it hit 60 and I thought the same thing again, but it kept going.  I'm really glad I held...

(BFL)^2 < 0
nobbynobbynoob
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


Annuit cœptis humanae libertas


View Profile WWW
March 20, 2013, 09:45:56 PM
 #12

I've sold my BTC during rallies... for LTC. Grin

Please tell me what it's like to make a terrible investment. I'm curious.  

Buying Ł >> buying fiat

Ł went up about 500% versus BTC not so long ago - right after a massive BTC rally! Go figure.

Earn Free Bitcoins!   Earn bitcoin via BitcoinGet
BTC tip: 1PKkvuwC24Vqjv9odigXs1QVzE66jEJqmb (if <200 µBTC, please donate to charity)
LTC tip: LRqXaNdF79QHvhPpS5AZdEJZnLiNnAkJvq (if <Ł0,05, please donate to charity)
deathcode
Copper Member
Sr. Member
****
Offline Offline

Activity: 1414
Merit: 253


Eloncoin.org - Mars, here we come!


View Profile
March 20, 2013, 09:46:27 PM
 #13

Yesterday I was tempted to sell at $55, because I thought that the 49->32 crash would happen again and it would go to 45.  Nope... so then it hit 60 and I thought the same thing again, but it kept going.  I'm really glad I held...

You know it's going to continue to go up, despite the occasional correction, so before selling, think if it's worth it to risk it.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
Mars,           
here we come!
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
ElonCoin.org.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
Qoheleth
Legendary
*
Offline Offline

Activity: 960
Merit: 1028


Spurn wild goose chases. Seek that which endures.


View Profile WWW
March 20, 2013, 09:47:09 PM
 #14

If you are in this for the long term, price fluctuations don't matter. These fireworks, flashy as they are, are too short-term to have anything to do with your investment.

If you are a day-trader with a strategy, that strategy is your sword and shield, and to the extent that you break from it, you are surrendering your profits.

If you are a day-trader without a strategy, nothing I can say will save you.

In an unpredictable market, emotion is your enemy.
Silence your gut and stick to the plan.

If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
DataPlumber
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile WWW
March 20, 2013, 09:49:03 PM
 #15

If you are in this for the long term, price fluctuations don't matter. These fireworks, flashy as they are, are too short-term to have anything to do with your investment.

If you are a day-trader with a strategy, that strategy is your sword and shield, and to the extent that you break from it, you are surrendering your profits.

If you are a day-trader without a strategy, nothing I can say will save you.

In an unpredictable market, emotion is your enemy.
Silence your gut and stick to the plan.
QFT

ehoffman (OP)
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
March 20, 2013, 09:50:44 PM
 #16

QFT

Ah... Google is my friend...  Just learned a new acronym Smiley

Like my comments?  Cheer me up at 137s1qFV63M6SXWhKkwjaZKEeZX23pq1hw
Don't like my comments, donate to the BCRT (better comment research team) here at 1A1PbZypjEe7yanj69ApVS1FhK8UMW7Wdc Smiley
annette786
Full Member
***
Offline Offline

Activity: 160
Merit: 100



View Profile
March 20, 2013, 09:54:09 PM
 #17

Thank about all the silly wealth in the world....


archetyp
Member
**
Offline Offline

Activity: 92
Merit: 10



View Profile
March 20, 2013, 11:41:24 PM
 #18



Buying Ł >> buying fiat

Ł went up about 500% versus BTC not so long ago - right after a massive BTC rally! Go figure.


do you know how much bitcoin went up once SR launched?,
because an equivalent for LTC is online.
ehoffman (OP)
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
March 21, 2013, 10:30:37 AM
 #19

I removed my hand from the trigger.  I moved those BTC to another wallet that I put offline and made copies on USB and other places outside my house (double-encrypted with 15+ characters alphanumeric passwords) and removed from my computer.  So they are safe from hazards and hacking too Smiley

One should always have a backup at different places, and outside his home too (at least, different geographical locations).  If something bad happen, you don't want your sole copy to be inside your computer or house...  You know, anything can happen...  PC frying, fire, electrical jolt/lightning blowing everything in the house, etc.

Like my comments?  Cheer me up at 137s1qFV63M6SXWhKkwjaZKEeZX23pq1hw
Don't like my comments, donate to the BCRT (better comment research team) here at 1A1PbZypjEe7yanj69ApVS1FhK8UMW7Wdc Smiley
Vladimir
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1001


-


View Profile
March 21, 2013, 10:34:01 AM
 #20

Sell just enough to take one year vacation somewhere without internet. Then reassess.

-
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!