gentlemand (OP)
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
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November 20, 2017, 03:19:26 PM |
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Has it made you move your cashing out price higher? Has it removed the idea of cashing out completely? Are you more of a believer than ever or more nervous than ever?
Gotta say it's all happened considerably faster than I was expecting. My plan was to stay put until 2020 and then have a think and that hasn't changed yet.
I am starting to wonder what the next bear market will look like though. It's easy to savour five figures when everything's on the up. When people can't drop that shit fast enough is when the real mettle is tested.
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Kronos21
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November 20, 2017, 03:42:28 PM |
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I don't plan to change his strategy. I try to hold on to their bitcoins at any price spike. Even if the price increases dramatically. For my life, I am using Fiat and if I need to make a big purchase or pay off the loan on the card I sell part of their coins. It seems to me that this strategy is more effective. Maybe I'm wrong, but I like the result.
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BrewMaster
Legendary
Offline
Activity: 2114
Merit: 1293
There is trouble abrewing
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November 20, 2017, 03:54:34 PM |
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Has it made you move your cashing out price higher? Has it removed the idea of cashing out completely? Are you more of a believer than ever or more nervous than ever?
i always cash out something at each step of the way when there is a rise. but i never cash out completely. that is how a low risk strategy should be in my opinion. to tell the truth this rise, specially when it is this fast, is very scary but also missing out on all the possible prices in the future is even scarier. what i do is that when there is a fast price surge i sell something to get the profit out but i try to do it on the highest price and then when the correction comes i buy back what i have sold.
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There is a FOMO brewing...
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AT101ET
Legendary
Offline
Activity: 3150
Merit: 1348
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November 20, 2017, 03:56:52 PM |
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HODL HODL HODL. That’s the long term plan
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The_Dark_Knight
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November 21, 2017, 03:18:08 AM Last edit: November 21, 2017, 06:37:07 AM by The_Dark_Knight |
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Has it made you move your cashing out price higher? Has it removed the idea of cashing out completely? Are you more of a believer than ever or more nervous than ever?
Gotta say it's all happened considerably faster than I was expecting. My plan was to stay put until 2020 and then have a think and that hasn't changed yet.
I am starting to wonder what the next bear market will look like though. It's easy to savour five figures when everything's on the up. When people can't drop that shit fast enough is when the real mettle is tested.
My overall plan has not changed, but the figures I think I was going to see have changed, at the beginning of this year I would have been happy if I saw bitcoin growing up to 2000 dollars and yet we saw this huge price increase, however while I think it is possible that the next year could be incredible in terms of profits there is also the possibility the price goes down, I was not around the last time there was that huge crash so I do not know exactly how I’m going to react, I just hope to be mature enough to resist and keep holding even in those circumstances.
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Indrawan77
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November 21, 2017, 03:34:33 AM |
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This year really change on how I spend my bitcoin, in previous year I take bitcoin for granted and underestimate its value, so I keep on spending on the things I like, but this year I hold myself and try to hold as much as possible and find way to invest my bitcoin, and the rising had shown me that the people now already really attracted to bitcoin
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jbombfb
Jr. Member
Offline
Activity: 56
Merit: 10
ExtraCredit - BitcoinHomework
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November 21, 2017, 03:35:32 AM |
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HODL HODL HODL. That’s the long term plan I guess there are a big mistake of grammar in your sentences right
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RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
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November 21, 2017, 03:41:06 AM |
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Far less fucks given in every day life. Plans really haven't changed considering I always knew it would eventually get here, just perhaps not the exact time frame it got here. My biggest regret is not being able to get my oldest daughter into a Bitcoin mindset until recently when people at her school have begun bringing it up.
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maxj57634
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November 21, 2017, 05:38:32 AM |
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Ever since the price hike went to a full blast it drastically changes on what i plan to do with my bitcoin, i was thinking that i should hold it more and maybe just play about 1/4 of my bitcoin into the market so that i can profit.
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MiningSensei
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November 21, 2017, 06:10:46 AM |
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Well bitcoin has not changed a lot in my life, i mean, i was the same nice guy that i am at the moment, the only thing that i changed during this years, is that i have been improving a lot and i learned a lot, and that is true. At the beggining, i was not even able to make a simple trade, and now i am making a lot of profit through bitcoin trading (not altcoin trading) But yes, it changed me the way that i see bitcoin, and how do i spend it, the way that i invest it, it is all a difficult thing because sometimes you dont know if you really diserve to spend your bitcoins, or if you are just making a huge mistake by selling them. Sometimes it is a fifty-fifty situation.
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Hello
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omonuyak
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November 21, 2017, 06:24:59 AM |
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Has it made you move your cashing out price higher? Has it removed the idea of cashing out completely? Are you more of a believer than ever or more nervous than ever?
Gotta say it's all happened considerably faster than I was expecting. My plan was to stay put until 2020 and then have a think and that hasn't changed yet.
I am starting to wonder what the next bear market will look like though. It's easy to savour five figures when everything's on the up. When people can't drop that shit fast enough is when the real mettle is tested.
I have developed a strong believe that bitcoin is going to be number one currency and some countries are going to adopt it before 2025. I have a plan to be keeping some of my coins till around 2020 before sell the interest and hold the capital. I have changed my perspective about bitcoin since close to end of last year when I discovered that bitcoin is becoming a formidable force in the world economic and many great institutions has started picking issues with its advancements.
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imstillthebest
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November 21, 2017, 08:16:06 AM |
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I have developed a strong believe that bitcoin is going to be number one currency and some countries are going to adopt it before 2025. I have a plan to be keeping some of my coins till around 2020 before sell the interest and hold the capital. I have changed my perspective about bitcoin since close to end of last year when I discovered that bitcoin is becoming a formidable force in the world economic and many great institutions has started picking issues with its advancements.
bitcoin is already the number one currency and most countries are already adapted it to be use as an alternative currency next to fiats. @op im still sticking to my same old plan which is cashing out every week ends or whenever i recieved something in my bitcoin wallet though im soon planning to save up if bitcoins value can climb up untill 10,000$ and can totally convince me.
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jamids
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November 21, 2017, 08:38:04 AM |
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Still the same plan. I will hold bitcoins as long as it is profitable for the long term. There are so many positive views about bitcoin's price in the next year or next five years and it seems so ambitious to think that we will reach that price but then no one thought or shall I say majority thought that bitcoin cannot reach $8,000 this year. It seems too much to think about the price reaching $8k now when in the beginning of the year its price did not even reach a thousand dollars yet. I'm more inclined to earn more bitcoin because my plans and goals may be reach sooner rather than later because of the price surge.
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Happichfun
Newbie
Offline
Activity: 36
Merit: 0
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November 21, 2017, 09:08:27 AM |
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when price increase risk increase that make me hold little and try to gain high possible amount
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HeRetiK
Legendary
Offline
Activity: 3066
Merit: 2166
Playgram - The Telegram Casino
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November 21, 2017, 03:07:50 PM |
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Has it made you move your cashing out price higher? Has it removed the idea of cashing out completely? Are you more of a believer than ever or more nervous than ever?
i always cash out something at each step of the way when there is a rise. but i never cash out completely. that is how a low risk strategy should be in my opinion. to tell the truth this rise, specially when it is this fast, is very scary but also missing out on all the possible prices in the future is even scarier. what i do is that when there is a fast price surge i sell something to get the profit out but i try to do it on the highest price and then when the correction comes i buy back what i have sold. Pretty much the strategy that I am following as well. Trying to tell the top of a current grow phase or waiting for the point where exchanging BTC for fiat has become obsolete is too risky for me. I'm very bullish on BTC, but I prefer diversifying my holdings on the way up. What has changed however is that I reduced my cash out rate. I expected a much faster, but less enormous price increase, making it easier to buy back on the way down. Now I'm just happy to take small profits every now and then. I got lucky with the first 2 dips, but I unfortunately slept through the climax of the BCH / BTC drama :X
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ivrynx
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November 25, 2017, 02:22:02 AM |
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The movement of the market today, only made me to trust in Bitcoin more, since entering this year, it is just less than 1000 usd, and after how many forks and a lot of negative news about Bitcoin, it still has proven itself to be a great investment, I think it only showed us to take on investing with Bitcoin seriously, since it will give us a fortune, in time. it didn't made me change any plans, rather to improve it and find ways to get more positive returns.
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Kemarit
Legendary
Offline
Activity: 3220
Merit: 1385
Fully Regulated Crypto Casino
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November 25, 2017, 03:40:27 AM |
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Has it made you move your cashing out price higher? Has it removed the idea of cashing out completely? Are you more of a believer than ever or more nervous than ever?
i always cash out something at each step of the way when there is a rise. but i never cash out completely. that is how a low risk strategy should be in my opinion. to tell the truth this rise, specially when it is this fast, is very scary but also missing out on all the possible prices in the future is even scarier. what i do is that when there is a fast price surge i sell something to get the profit out but i try to do it on the highest price and then when the correction comes i buy back what i have sold. Pretty much the strategy that I am following as well. Trying to tell the top of a current grow phase or waiting for the point where exchanging BTC for fiat has become obsolete is too risky for me. I'm very bullish on BTC, but I prefer diversifying my holdings on the way up. What has changed however is that I reduced my cash out rate. I expected a much faster, but less enormous price increase, making it easier to buy back on the way down. Now I'm just happy to take small profits every now and then. I got lucky with the first 2 dips, but I unfortunately slept through the climax of the BCH / BTC drama :X Me too mate. I cash out when bitcoin reach ATH but not completely. I still have a X amount that I hold for longer term. And when there's a dip buy in bulk to accumulate more. Of course I'm a believer and the more I saw the price reaching this far, the more I think I made the right decision to invest on it. I never got nervous or anything when the price is going down. Sometimes I went like 2-3 days away without checking the price and when I came back quite surprise to see the price falling at $5600, during the BCH/BTC drama.
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timerland
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November 25, 2017, 03:45:25 AM |
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Has it made you move your cashing out price higher? Has it removed the idea of cashing out completely? Are you more of a believer than ever or more nervous than ever?
Gotta say it's all happened considerably faster than I was expecting. My plan was to stay put until 2020 and then have a think and that hasn't changed yet.
I am starting to wonder what the next bear market will look like though. It's easy to savour five figures when everything's on the up. When people can't drop that shit fast enough is when the real mettle is tested.
Definitely made me a much more resilient holder of bitcoin in my opinion. I've came from a cash out target of $5k to now $15k, and at that point i'll only cash out half of my bag. I learned this the hard way as well when i cashed out my stash at $5k only and now i'm sitting on a 60% loss basically. The real test is when bitcoin is dropping though, it's all merry until a flash crash happens. Like when China announced that ICOs will be banned, people panicked quite a lot and price plumetted as a result. It's important to hold through these patches.
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hase0278
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November 25, 2017, 04:38:27 AM |
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Has it made you move your cashing out price higher? Has it removed the idea of cashing out completely? Are you more of a believer than ever or more nervous than ever?
Gotta say it's all happened considerably faster than I was expecting. My plan was to stay put until 2020 and then have a think and that hasn't changed yet.
I am starting to wonder what the next bear market will look like though. It's easy to savour five figures when everything's on the up. When people can't drop that shit fast enough is when the real mettle is tested.
The current action have greatly affected my plans. Instead of sitting, waiting for another 2 years to recover what I lost when the last bear market occurred, I recovered my investment now with a hefty sum of profit by selling 40% of my stash and what changed in my plan is that instead of selling it all, I will hold what I have left until 2020 and am planning to rebuy more on dips that will occur in the future.
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cipher-x_09
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November 25, 2017, 04:51:32 AM |
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Definitely got me thinking to hold bitcoin most of the people especially some may call it greedy and I say I don't care in my case it is going to be up to me I want to sell it at my desired level of price because that is the purpose why you buying bitcoin to sell it at your desired price level. And back to the topic definitely the fast growing pace of bitcoin got us thinking and more believing in bitcoin now.
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