Sold

[bL4nkcode]

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.

What's wrong with that? He bought the coins when it still at $100ish so now can you still say it's a wrong move, he earned a lot with multiple times from that. And it's a smart move IMO, 10% of his stash is not bad to sell when you know you'll get profit.
And I don't think if how many people are still holding their balls from buying from the range of $100-$200 long ago and still waiting when BTC reach 3k or even more.

[Taskford]

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.

Well as long Im not seeing a huge news about btc, and there's no way to fall the price to $1500. Thats too low for our rate today.
And we can never tell what will happen to august 01 but many anticipates it. Hope thats a good news.

[Supercrypt]

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.

What's wrong with that? He bought the coins when it still at $100ish so now can you still say it's a wrong move, he earned a lot with multiple times from that. And it's a smart move IMO, 10% of his stash is not bad to sell when you know you'll get profit.
And I don't think if how many people are still holding their balls from buying from the range of $100-$200 long ago and still waiting when BTC reach 3k or even more.

In my view, those only 10% is the big justification for selling at current trends. Selling some portion of bitcoins time to time to cover our life's demand is inevitable for any investor. Hence I too do not call this as a wrong decisions. Probably if he has sold more than 50% of his stash then that might be sounding as a wrong decisions. Even though when considering his buying prices, selling now must not be wrong for any percentage of his stash. Practically no one will be afford to hold to enjoy all the price movements of bitcoins as our life time and life's requirements are not allowing to wait.

[Janation]

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.

Well as long Im not seeing a huge news about btc, and there's no way to fall the price to $1500. Thats too low for our rate today.
And we can never tell what will happen to august 01 but many anticipates it. Hope thats a good news.

We are the same, but I think this fork or network splitting is not that big problem that the Bitcoin Unlimited. That time more users and investors are dumping their coins even a month before that hard fork, they are being scared on what will happen to their coins, some send their stash to offline wallets. This network split I think will surely happen, but we don't know what will happen next.

[Minecache]

Bitcoin is surging again and all other alts are collapsing.

[Wipro]

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.

I would say still it's a bad idea becuase if you completely aware of bitcoin price movement from the starting time to now and adoption on block chain technology you will never do that now. If you wait till next halving sure bitcoin will on moon.

[HasHe]

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?

Thats really a smart move as you have just sold 10% and not all of your stock.Selling at regular intervals and making profits is not a wrong move.You could rebuy those 10% of bitcoins when bitcoin price falls.

[hase0278]

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 think your decision is a good move but you should have sold more of your stash maybe 20% for a much more profit, either way 10% is enough if you just want to return your investment capital. In fact you have already gained more than what you invested because if you invested 1000$ at sub 100$, and you sold the 10% that would be 100 dollars by the time you bought it, you would get 2500$ now which is more than your capital. Good luck to your future decisions OP, if you will rebuy I guess just use 50% of what you got by selling to have your capital back with a little profit.

[deisik]

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'm really fascinated by the people who managed to keep their coins for so long

Thus if you really had bought them at prices below 100 dollars, then you should have booked really nice profits provided you didn't buy dust (though this is unlikely given the price). Profits are telling more than words ("when money talks, bullshit walks"), and many people should in fact envy you. I don't know if you really want to hear anyone's opinion on this, but 10% is not a big deal anyway. I would have certainly sold more (if not all at these prices) and put a fraction of the proceeds into Litecoin

[mcman]

Taking profit is never a mistake.

This is my advice for everyone in any investment be it in stocks or in crypto. OP cashed out only 10% and is safe with that money whether it moons or crashes.

[itsallpc]

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?

Selling only a partial amount of your holdings for profits is really a good idea instead of selling the whole volume and then regretting when price increases.I have seen many people selling whole of their stocks either when price gets down or increases and then feeling that they could have partially sold.

[Soros Shorts]

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?

Sell your next 10% when it hits $15,000, or maybe $30,000. You'd be doing fine.

[TravelMug]

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?

Selling only a partial amount of your holdings for profits is really a good idea instead of selling the whole volume and then regretting when price increases.I have seen many people selling whole of their stocks either when price gets down or increases and then feeling that they could have partially sold.

Yes. Its a really good strategy IMHO. I just read it from this forum that some old timers or more experienced on investments are doing this. So I already remembered this strategy. Although I don't have that much stash of bitcoin in my wallet, but I will apply this plan of action once I decided to sell.

[chocolah29]

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?

Selling only a partial amount of your holdings for profits is really a good idea instead of selling the whole volume and then regretting when price increases.I have seen many people selling whole of their stocks either when price gets down or increases and then feeling that they could have partially sold.

Indeed a smart move. Selling some part of it is a must. Others sold all their coins just to make a big profit but didn't turn out to what they think. Not being greedy with the outcome but sometimes we better think as many as we could when trading and investing. So congratulations to you mate for your sure thing move.

[Amph]

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'm really fascinated by the people who managed to keep their coins for so long

Thus if you really had bought them at prices below 100 dollars, then you should have booked really nice profits provided you didn't buy dust (though this is unlikely given the price). Profits are telling more than words ("when money talks, bullshit walks"), and many people should in fact envy you. I don't know if you really want to hear anyone's opinion on this, but 10% is not a big deal anyway. I would have certainly sold more (if not all at these prices) and put a fraction of the proceeds into Litecoin

it's not that hard to hold, i'm also holding since 4 years already, basically from when i joined this forum i never dumped if not forced, i use bitcoin like a currency and keep the big amount on cold storage

when the time come the famous meme, tell you also that there will be no reason to sell anyway, bitcoin is a currency use it like fiat, i use it all the time to buy food or other stuff on purse.io with a nice discount

[KennyR]

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'm really fascinated by the people who managed to keep their coins for so long

Thus if you really had bought them at prices below 100 dollars, then you should have booked really nice profits provided you didn't buy dust (though this is unlikely given the price). Profits are telling more than words ("when money talks, bullshit walks"), and many people should in fact envy you. I don't know if you really want to hear anyone's opinion on this, but 10% is not a big deal anyway. I would have certainly sold more (if not all at these prices) and put a fraction of the proceeds into Litecoin

it's not that hard to hold, i'm also holding since 4 years already, basically from when i joined this forum i never dumped if not forced, i use bitcoin like a currency and keep the big amount on cold storage

when the time come the famous mem, tell you also that there will be no reason to sell anyway, bitcoin is a currency use it like fiat, i use it all the time to buy food or other stuff on purse.io with a nice discount

That's nice to know. I have been planning to hold my funds from the beginning, but in between something happens to make me convert it to fiat and use on regular needs. After a long now when I look back what's there in the wallet simply an amount lesser than a single bitcoin. Hope I too make a better holding as above mate to more than 4 years time, because I always trust in the growth of bitcoin and digital currency.

[kevinn669]

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?

Selling only a partial amount of your holdings for profits is really a good idea instead of selling the whole volume and then regretting when price increases.I have seen many people selling whole of their stocks either when price gets down or increases and then feeling that they could have partially sold.

Indeed a smart move. Selling some part of it is a must. Others sold all their coins just to make a big profit but didn't turn out to what they think. Not being greedy with the outcome but sometimes we better think as many as we could when trading and investing. So congratulations to you mate for your sure thing move.

Many people have been doing this for a long time already. The dedication should be aimed at a constant increase in investment. That is, we must increase the number of our coins in the wallet. And when the price of bitcoin grows, we get a big profit. And when it falls - we have a good chance to buy even more coins

[richardsNY]

we must increase the number of our coins in the wallet.

Not really. It's obviously something people won't say no to, but most people here are looking for ways to increase the number of their coins by investing, trading, gambling, etc, and that is exactly where they go wrong. It's pointless to force yourself to increase the number of coins that you have if you don't want to buy them, or have a decent level of market understanding that you can put to work with trading for example.

[CyberKuro]

Taking profit is never a mistake.

Indeed, as long as you don't sell all of your bitcoin at once, 10% of your savings is a decent amount to get cash in order to buy back if bitcoin price decline. Many people do it everyday, and they call it trading but some people don't want to take the risk to loss, and prefer to save bitcoin for long term but sometimes sell small portion from the wallet. In that way, we could increase the amount of bitcoin as the dip always occurred after high peak.

[Qartersa]

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 would say your decision is like asking for a miracle or should we say a disaster? The prices might go down due to panic on August 1st but I don't think it would go as low as $1,500 anymore. The price is high right now because of the recent good news for bitcoins all over the world. It is being adopted by a lot of countries and there are a lot too that recognize its potential. Take Japan for example, they passed a law that implemented bitcoins as a currency in their country.