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Author Topic: So i have 22.3 btc...  (Read 3436 times)
exstasie
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November 23, 2013, 10:06:20 PM
 #41

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.

According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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naphto
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November 23, 2013, 10:14:35 PM
 #42

Everyone is waiting for the price to crash before buying? Roll Eyes
denton_12
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November 23, 2013, 10:55:54 PM
 #43

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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November 23, 2013, 11:04:47 PM
 #44

WHY DIDN'T I KEEP THEM  Sad Sad Sad Sad Sad Sad Sad Sad Sad


 Cheesy

Everybody has to decide whether to sell or hold and live with the consequences of his decission. Only future tell us who was right
Batshark
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November 23, 2013, 11:49:50 PM
 #45

WHY DIDN'T I KEEP THEM  Sad Sad Sad Sad Sad Sad Sad Sad Sad

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! Smiley
felior
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November 24, 2013, 12:21:04 AM
 #46

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) ...
klovishey
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November 24, 2013, 12:26:54 AM
 #47

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
minutetaker
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November 24, 2013, 12:33:46 AM
 #48

sell 2.3 btc
hidemyhost
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November 24, 2013, 12:39:18 AM
 #49

collect more btc
scriptcoder
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November 24, 2013, 12:59:55 AM
 #50

Sell! Wink
Thomas_the_Train
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November 24, 2013, 01:50:47 AM
 #51

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 Smiley

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.
WayTooGosu
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November 24, 2013, 02:40:02 AM
 #52

Wow, how did you get so many? That is insane.
Trini8ed (OP)
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December 06, 2013, 02:22:37 PM
 #53



I think I mined a total of 90 btc or so Sad

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December 06, 2013, 02:33:00 PM
 #54

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. Smiley

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fennessyengraving
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December 06, 2013, 02:42:37 PM
 #55

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.   Wink
adQu
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December 06, 2013, 03:00:17 PM
 #56

This was made two years ago Cheesy
twilliams46
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December 06, 2013, 03:11:18 PM
 #57

If only it was two years ago
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December 06, 2013, 04:23:20 PM
 #58

You can buy something from our store:

Bitcoin keychains or another BTC related products -www.Timepoint-bg.com

Escrow is available Smiley

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December 06, 2013, 05:10:15 PM
 #59

sell a 3rd and reinvest them

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