exstasie
Legendary
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Activity: 1806
Merit: 1521
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November 23, 2013, 10:06:20 PM |
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I'm sorry you sold out your stake earlier when the price was just $15.
However, a lot of people are in the same boat as you. If you were asking this question today, and I know you're not, I actually read the thread before responding, I don't see how you can be too upset selling a small portion of your horde at todays prices. So if I had 22 BTC (and I don't, I don't even have 10% of that!) I'd be tempted to sell 2 of them now. That way if the price crashes you can still say you got something out of it and not have a lot of regrets. On the other hand if the price goes to 10,000 USD per coin, you're still so rich you really don't give a shit about selling a couple of them at 850 USD.
Good Luck and don't stress over it!
It's one of this things where its easier to say "should have" after you already know. If I were to sell 1 BTC right now, i'd make 400% profit on my BTC. However, if BTCs were to go up to $10k in a year, i'd be beating myself up too. Or if BTC were to drop to $1...i'd be estatic that I sold. At that point in time, you made the right decision. No one has any way of predicting what the future will hold.
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naphto
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November 23, 2013, 10:14:35 PM |
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Everyone is waiting for the price to crash before buying?
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denton_12
Newbie
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Activity: 27
Merit: 0
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November 23, 2013, 10:55:54 PM |
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You win some you lose some. There is no way to have the foresight to know what was going to happen 2 years later. You made the right decision for the time.
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gerXhonza
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November 23, 2013, 11:04:47 PM |
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Everybody has to decide whether to sell or hold and live with the consequences of his decission. Only future tell us who was right
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Batshark
Newbie
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Activity: 33
Merit: 0
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November 23, 2013, 11:49:50 PM |
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Well, if you needed the money at the time, it was the smart thing to do. You probably made some good profit, too. You did the right thing!
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felior
Newbie
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Activity: 2
Merit: 0
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November 24, 2013, 12:21:04 AM |
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I would wait to see how will react other sites, we can see that more and more places accept BTC as payment, as long as there are new places I think that value of BTC can only increase (especially if big players start to use it regulary) ...
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klovishey
Full Member
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Activity: 195
Merit: 100
Selling Coupons Babie
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November 24, 2013, 12:26:54 AM |
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I would wait to see how will react other sites, we can see that more and more places accept BTC as payment, as long as there are new places I think that value of BTC can only increase (especially if big players start to use it regulary) ...
+1. Wait and see is best approach unless you need money or buy something urgently. Big merchants will not miss the oppurtunity for new sales I believe
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minutetaker
Newbie
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Activity: 16
Merit: 0
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November 24, 2013, 12:33:46 AM |
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sell 2.3 btc
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hidemyhost
Newbie
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Activity: 25
Merit: 0
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November 24, 2013, 12:39:18 AM |
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collect more btc
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scriptcoder
Newbie
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Activity: 55
Merit: 0
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November 24, 2013, 12:59:55 AM |
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Sell!
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Thomas_the_Train
Newbie
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Activity: 4
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November 24, 2013, 01:50:47 AM |
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From what I have read, many people who have sold have come to regret it. That said, I have no experience day-trading and would refer you to those with more experience in the nuances of generating profit on bitcoin exchanges I suppose one healthy method would be to reimburse yourself for any initial expenses, and select an appropriate percentage to convert to your currency of choice so that you have a sense of security, while keeping some assets within the bitcoin system such that your portfolio can continue to grow.
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WayTooGosu
Newbie
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Activity: 56
Merit: 0
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November 24, 2013, 02:40:02 AM |
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Wow, how did you get so many? That is insane.
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nobbynobbynoob
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December 06, 2013, 02:33:00 PM |
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Wow, how did you get so many? That is insane.
This is a 2011 thread that has been necro'd. Bitcoin was dirt cheap before April 2011.
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fennessyengraving
Newbie
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Activity: 5
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December 06, 2013, 02:42:37 PM |
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OP, I just heard a great saying yesterday. "You've got to stop should'ing all over yourself" All anyone can do about anything is from the present forward.
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adQu
Newbie
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Activity: 7
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December 06, 2013, 03:00:17 PM |
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This was made two years ago
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twilliams46
Newbie
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Activity: 4
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December 06, 2013, 03:11:18 PM |
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If only it was two years ago
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tel
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December 06, 2013, 04:23:20 PM |
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You can buy something from our store: Bitcoin keychains or another BTC related products - www.Timepoint-bg.comEscrow is available
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va23boam
Member
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Activity: 88
Merit: 10
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December 06, 2013, 05:10:15 PM |
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sell a 3rd and reinvest them
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Currently Mining: BTC,ETH,SC
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