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Author Topic: What's your exit strategy? Will you sell as the price goes down from here?  (Read 1597 times)
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November 27, 2013, 08:15:45 PM

FWIW the tone was certainly questionable but I don't think it was intended to sound quite as blunt as it did.

They're trying to buy all the coins. 
We must not let them.
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November 28, 2013, 01:43:34 AM

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 ...

That's kind of the way I look at it too. I intend to sell a percentage (I haven't decided how much) if it gets down to a certain level. After that if it gets lower I'll sell another portion.

Eventually I would like to sell enough so that my original investment is paid for. After that I'll sit on my bitcoins made from profit until the next run-up.
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November 28, 2013, 02:16:56 AM

Exit strategy:

Step 1: Secure a few BTC

Step 2:  Buy a private island with BTC

Step 3: Live on my private island!

 Grin Grin Grin Grin Grin Grin

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