Sold

[jubalix]

Smart move. We're clearly in a strong downward trend and with Ethereum taking over Bitcoin we are sure to see a strong crash soon.
I've been warning people for years that we had to fix Bitcoin before it was too late. Nothing has been fixed and surprise, look what happened, bitcoin is being overrun by superior technologies.

The bitcoin religious will soon feel the pain of ignoring critical flaws that should have been fixed years ago in order to make time and space for hype and greed for fiat. The scheme is collapsing!

Kwack kwack Kwack... the same old song from the biggest scammer. Now that we know you are invested in Ethereum, it makes a lot more sense. You were bad mouthing Bitcoin to promote Ethereum and Ethereum is the biggest scam of all time. Bitcoin had no pre-mine or pre-token sale like Ethereum. Satoshi did not pay anyone from the sale of the pre-mined tokens to develop his platform. Bitcoin is not centrally-controlled by a foundation that got rich from the proceeds of these pre-token sales. It is estimated that Vitalik got the Lion share of these pre-mined coins.

WARNING - Users like kwukduck, use this forum to spread FUD about Bitcoin and promotes scams like Ethereum. ^grrrrrrr^

gotta say you sound a little bit fundamentalist...and blinkered

[1Referee]

I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100).

Smart decision, and respect that you have been holding your sub $100 coins till where the price stands right now.

We might see $5000 or $10000 in the next few days

Typo, right? It should be in the next few years, I assume.

but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more.

Not entirely impossible as no one knows how things will be before/on/just after 1st of August. One thing is almost certain, and that's that it will be an exciting time for traders. If the price happens to tank real hard, then the best option is to increase your stash by buying at discount levels.

What do you think of my decision?

Nothing wrong with it.

[ktabb]

I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

I agree with this except that I don't think there is any way we will see $5,000-$10,000 in the next few days. Maybe $5,000 in a few weeks or a month, but not a few days. You are right though, bitcoin will be down around $1200-$1500 soon enough. It is very overvalued right now.

[Kemarit]

I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

Its a wise decision on your end. 10% of your stash should make you a lot of profit and there is should be no regrets. But I disagree that we will see $5000-$10000 in the next few days, maybe at the end of the year or early 2018 when everything went on our way. The price didn't went to sub $1500, and it has recovered to $2500 now. But you cashing out very good decision. So we still don't know what the future holds, but at least you still have some bitcoin in your wallet (store of value).

[Apraksin]

I've been holding since sub 100$ myself and have been taking some profits along the way which of course is the smart move. That said I'll still regret it when we blast past 10.000 $ etc.

[YuginKadoya]

when the user kwukduck comes here and agrees with you that should be a warning to you that you must be doing something wrong because the quacker wanker is known to always be against the market movement direction.

but as others have said it was a good idea to take some profit out. i think all the good investors have done it. you should never go all-in in both investing and also getting out.

It is his bitcoin let him take the risk in what he has done, but I am very doubting right now, especially after hearing that there is a risk in the impending Split, well for a change and for the first time I think the Duck just got a point, and for once maybe it will really crash down, it can surely happens but we don't really know what will be the exact thing to happen, but I think I would take my profits out of bitcoin just to be safe, sorry but just this once I am taking the Ducks kwaking but if the impending risk will be good for the future of bitcoin well I would certainly invest again.

[bamboylee]

10% is just a small percentage. I am sure you won't miss it if the price soars to tens of thousands. It opens an opportunity to invest on other things too. I think that is a good move.

[Casdinyard]

I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

Oh i envy you. I envy your courage to this.
You've made a good profit out of your $100 and thats a smart move.
And the $5000 to $10000 per btc is insanely huge for few days. We need a miracle to that.
Maybe you're trying to say for the next few years? Well i think thats a realistic thought.

[freedomno1]

I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

It's a good decision and doesn't hurt you if you decided to take profits, the risk is that you could be like the people who sold at 1k previous all time high of 2013 and never saw the upside of the 2500+ Rally that happened to now which so far peaked at 3K. So if you want to reenter there is always the risk it is for more than it was when you exited. Other than that 10% is conservative and if you can use it then may as well abuse it hehe aka just have some fun with your earnings since it means they worked out. The whole point of investing is to earn money for brighter days ^^ enjoy your heyday.

[arwin100]

I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

That is good decision by you since your just securing your profit and we can't blame you for that since bitcoins movement quitely undefined right now And good thing you have still huge balance left since the upper thrend of bitcoins is not finish yet and provably we can see those Big prices coming up when god's grace will let those one happen. Hope we can see those huge price coming up on future.

[Soranith]

I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

Congrats on your profit! In trading what is important is you know when to sell your coin and you see to it that you gain profit and happy with it.

So now i'll ask you are you happy with your decision?

[eXpl0sive]

I keep reminding myself that a big price rise results in a big unbalance.  I started out with a reasonable allocation between crypto and other assets, but now my wealth is proportionately almost entirely crypto.  This is not healthy.  If one is holding an asset that octupled or whatever, then sell some.  It's the only sensible course of action.
I'm one of the guys who lived like a monk or a college student for years long past the age at which most Americans become foolish consumers, scraping to buy and hold as much crypto as I could.  And it has paid off.  I just needed to lift my head an look around to see that sometimes you need to change your course of action, because it can be a mistake to stick with what worked yesterday and last year.  Reevaluate.

^^  THIS

[john_doe]

So now i'll ask you are you happy with your decision?

Mixed feelings

[Minecache]

I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

Not sure why someone would sell just days before a new country of 30+ million population opens its doors to Bitcoin.

[john2231]

Smart move. We're clearly in a strong downward trend and with Ethereum taking over Bitcoin we are sure to see a strong crash soon.
I've been warning people for years that we had to fix Bitcoin before it was too late. Nothing has been fixed and surprise, look what happened, bitcoin is being overrun by superior technologies.

The bitcoin religious will soon feel the pain of ignoring critical flaws that should have been fixed years ago in order to make time and space for hype and greed for fiat. The scheme is collapsing!

Developers are still doing their job and only miners can give a decision if they want to activate segwit but few months ago remember it was rejected but right now i heard that 80% of miners are agree about segwit..
So i think we will see a big changes in bitcoin after activate it. Developers are still doing their job that i think issue can be fix..
Ethereum was increase due to promotion and help by other ICO that is why the value increase this is just base what i seen..

[BitcoinerXX]

I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

sold too soon imho, should have waited until 3k+

youll probably regret it later 

[Gaaara]

I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

It was a safe and a nice decision to make, as if it will go down you already sell some so no need to worry and if it goes up even more you still have the 90% which will make your profit higher either way its almost a win win situation but the other win is better than the other one. Keeping the 90% is a good move though because with bitcoin there is always a room for having a higher value.

[mundang]

I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

Wrong move my friend,price will never reached the low price which is 1500$ again., im seeing bitcoin price will hit 5000$ before the end of this year. I will never ever sold my bitcoin this 2017.

[ImHash]

Damn OP says that he bought when price was $100, in other words 25X profit which I'm having a hard time to believe someone being rich considering if he at least bought 1000 or maybe less, any time you sell you are giving away coins from only 21M total coins so you are losing.
And it's not a movie to jump from $2500 to $5000 or $10,000 in a few days. even though price is heading that way but not so fast.

[tigershark]

I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

I don't think it's a bad idea to sell some at these high prices especially if you bought at such a low price. You have locked in some good profits even if the price doesn't drop.

I would expect a price drop and I could see it go as low as $1500 or lower if there was some sort of bad news. You will probably have a chance to buy back some of what you sold.