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Author Topic: What's your exit strategy? Will you sell as the price goes down from here?  (Read 1702 times)
btcprice (OP)
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November 27, 2013, 06:06:31 PM
 #1

A lot of us have been through these bubbles before. A lot of us held and held only to have the price go to a fraction of the top of the bubble.

Will you sell a percentage if the price drops a certain amount? Will you sell another percentage of your bitcoins if it drops another amount?

Are you holding for the long-run and will not sell no matter how low the price gets?
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PenAndPaper
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November 27, 2013, 06:10:53 PM
 #2

I don't think you 'll find a lot of people here willing to exit. There are some that sell for speculative reasons but most of the guys here are the "hoard forever and ever" type of holders.
ElectricMucus
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November 27, 2013, 06:11:43 PM
 #3

Bitcoin is the exit strategy.

A F22 pilot would disagree.
Newscastix
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November 27, 2013, 06:12:47 PM
 #4

Bitcoin is the exit strategy.

/thread

Bitcoin is not some penny stock to make some quick buck and "exit".
ElectricMucus
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November 27, 2013, 06:14:19 PM
 #5

Bitcoin is not some penny stock
The Secondmarket listing indicates against that.
poewerden
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November 27, 2013, 06:20:41 PM
 #6

A lot of us have been through these bubbles before. A lot of us held and held only to have the price go to a fraction of the top of the bubble.

Will you sell a percentage if the price drops a certain amount? Will you sell another percentage of your bitcoins if it drops another amount?


Yes, now is good time to spend some just in case the price crashes. But obviously if you have a lot of coins, you have to sell some at exchange
zachcope
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November 27, 2013, 06:25:57 PM
 #7

Keep selling fiat for bitcoin before the fiat bubble bursts.
BTCBTCBTC Tongue Tongue

raskolnikovx
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November 27, 2013, 06:33:05 PM
 #8

Well it depends on at which point you entered.
I entered to the Bitcoin world when BTC was 100 USD so I had my original investment * 10 right now.
Also got some Litecoins and made reasonable profit from that.
I am super cool but I wont consider I lost money if BTC goes down to 700 USD tomorrow (because actually I did not).
If the bubble plops and BTC goes down I might sell a little bit if I consider I will be able to
buy cheaper later.
Even if it goes down to 400 USD I am a winner here since two months ago I got some BTC for saving
and that I did ...
Nemesis
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November 27, 2013, 06:38:53 PM
 #9

OP please sell your btc, you certainly in it as be rich quick scheme. Get out.
ElectricMucus
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November 27, 2013, 06:40:36 PM
 #10

OP please sell your btc, you certainly in it as be rich quick scheme. Get out.


You are too.
btcprice (OP)
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November 27, 2013, 07:03:48 PM
 #11

OP please sell your btc, you certainly in it as be rich quick scheme. Get out.


I haven't even stated a position. You have no idea what I intend to do.

I expected answers like these when I posted this topic though.
ElectricMucus
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November 27, 2013, 07:06:34 PM
 #12

OP please sell your btc, you certainly in it as be rich quick scheme. Get out.


I haven't even stated a position. You have no idea what I intend to do.

I expected answers like these when I posted this topic though.

Just ask him to provide a signed message for his bitcoin wallet. He's wannabe early investor, but sadly not the cute kind.
favelle75
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November 27, 2013, 07:06:49 PM
 #13

Bitcoin is the exit strategy.

That is a fcking T-shirt right there.

+1

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Nemesis
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November 27, 2013, 07:08:56 PM
 #14

OP please sell your btc, you certainly in it as be rich quick scheme. Get out.


I haven't even stated a position. You have no idea what I intend to do.

I expected answers like these when I posted this topic though.

No i dont need to know your "position" by saying "exit strategy", you assume ppl have the same thought as you.

Good luck pig,
Hawker
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November 27, 2013, 07:10:36 PM
 #15

A lot of us have been through these bubbles before. A lot of us held and held only to have the price go to a fraction of the top of the bubble.

Will you sell a percentage if the price drops a certain amount? Will you sell another percentage of your bitcoins if it drops another amount?

Are you holding for the long-run and will not sell no matter how low the price gets?

I sold 900 today.  Thinking about whether to buy back if the price falls below $800.  If not, I am buying apartments. 
MoreFun
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November 27, 2013, 07:12:03 PM
 #16

A lot of us have been through these bubbles before. A lot of us held and held only to have the price go to a fraction of the top of the bubble.

Will you sell a percentage if the price drops a certain amount? Will you sell another percentage of your bitcoins if it drops another amount?

Are you holding for the long-run and will not sell no matter how low the price gets?

I sold 900 today.  Thinking about whether to buy back if the price falls below $800.  If not, I am buying apartments. 

Wait a year or two and buy the whole village of apartments  Wink
zeroday
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November 27, 2013, 07:17:20 PM
 #17

Just exited from all my fiat at all-time-low USD rate.
Hawker
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November 27, 2013, 07:19:45 PM
 #18

A lot of us have been through these bubbles before. A lot of us held and held only to have the price go to a fraction of the top of the bubble.

Will you sell a percentage if the price drops a certain amount? Will you sell another percentage of your bitcoins if it drops another amount?

Are you holding for the long-run and will not sell no matter how low the price gets?

I sold 900 today.  Thinking about whether to buy back if the price falls below $800.  If not, I am buying apartments. 

Wait a year or two and buy the whole village of apartments  Wink

I am still in 4 figures on Bitcoin and have a new KNC miner doing its magic.  I just wanted to lock in the gains since June.  Totally agree that the price is still low but its a market and as such not predictable.
BittBurger
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November 27, 2013, 07:32:33 PM
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A lot of us have been through these bubbles before.

What bubbles?  So far its been nothing but a fucking staircase.

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btcprice (OP)
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November 27, 2013, 08:00:10 PM
 #20

OP please sell your btc, you certainly in it as be rich quick scheme. Get out.


I haven't even stated a position. You have no idea what I intend to do.

I expected answers like these when I posted this topic though.

No i dont need to know your "position" by saying "exit strategy", you assume ppl have the same thought as you.

Good luck pig,


LOL. What are you, in 3rd grade?
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