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Author Topic: I'm glad my BTC are in cold storage or i'd be getting twitchy  (Read 2798 times)
dnaleor
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November 05, 2013, 09:10:00 PM
 #21

thats a part of the reason why I bought casascius coins Wink

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Elwar
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November 05, 2013, 09:34:06 PM
 #22

I considered selling a big chunk of mine last night with the thought that it would go down.

I had to bring my client up to date which took most of the night.

Then I realized I am not ready to deal with the tax consequences of turning bitcoins into government money.

I will just continue to hold and spend.

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BitchicksHusband
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November 05, 2013, 10:19:32 PM
 #23

Quote
He committed suicide in 1940.

This is why I just buy and hold.

1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
zachcope
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November 05, 2013, 10:38:37 PM
 #24

I sold about 60% of my BTC last week when it started to dip as I wanted to recover my initial investment so what remained was pure profit.

Now the price is a lot higher and I really wished I'd held longer, but still I am sat on roughly 25BTC and that is all profit so I am relatively happy still Smiley I do kinda wish I hadn't sold so many last year though, but thats life eh?
You have over a millionth of the total possible bitcoins there will ever be.
Rich man you are.

TERA
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November 05, 2013, 11:03:31 PM
 #25

Got my margin position at $233.
davidgdg
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November 06, 2013, 07:52:58 AM
 #26

Got my margin position at $233.

I feel nervous for you. Like watching somebody else walk to the edge of a precipice. Good luck. Do you have a parachute (Stop) in place?

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November 06, 2013, 08:28:16 AM
 #27

My strategy is simple. I calculated how much money I need for the lifestyle I want , then just calculated the price level needed for it, then just hold until then.

In my case the price is then 5000 USD per bitcoin.

BTC: 1JTwkAWCBtjd51Xhzu1EULmmProMYNVX9E
TERA
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November 06, 2013, 08:31:39 AM
 #28

Ya. At this point where I've placed it results in a profit.  Grin

Got my margin position at $233.

I feel nervous for you. Like watching somebody else walk to the edge of a precipice. Good luck. Do you have a parachute (Stop) in place?
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November 09, 2013, 10:46:52 AM
 #29

Well I don't like the charts right now so I've closed the margin positions for a 50% profit and consolidated the profits (and principal) all into organic BTC. I will take new margin positions during a correction.
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