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Author Topic: new btc buyer here, bought in slowly, will have about .8 tomorrow..  (Read 1809 times)
BitcoinSteve (OP)
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December 26, 2013, 04:02:08 AM
 #1

Should I hold it? trade? sell? advice, thanks!

DRK: XtijFQdCcPpKXmtjKF4xdpy6vCvJTymfzw

BTC: 1LbPHiUfegA3Xjfg4YJkJqLNpaRWDcRPay
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jonanon
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December 26, 2013, 04:39:27 AM
 #2

If only I knew.....

I thing holding is a good idea, or day trading if you're open to a fair amount of risk/reward.
adamstgBit
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December 26, 2013, 04:52:16 AM
 #3

hold it like your life depends on it.

no matter how many dollars are offered for it, hold it!

plan to spend it ( not all in one place  Cheesy ) in the future.

Dabs
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December 26, 2013, 05:00:34 AM
 #4

You hodl it. Some people might do day trading with alt-coins, but that's really risky.

ErnieRox
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December 26, 2013, 05:15:43 AM
 #5

unless you know what your doing with trading, holding is the safest/best thing you can do, the market is nuts right now, their saying its gonna crash big then in january go up and keep going up, but who knows, best of luck  Grin
BitcoinSteve (OP)
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December 26, 2013, 05:26:55 AM
 #6

thanks yall

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cdog
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December 26, 2013, 05:42:50 AM
 #7

hold it for 3-5 years, then pay for a house with it
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December 26, 2013, 07:38:02 AM
 #8

the only thing somebody with a total of 800 mBTC should do is - buy more. you will thank me in 2016. get at least 2100, it is still very cheap.

i am satoshi
Peter R
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December 26, 2013, 07:42:41 AM
 #9

Don't actively trade with more than ~20% of your coins.  To take advantage of bitcoin you *must* be invested when it does a 10X moon rocket.  These moon rockets are not predictable. 

Run Bitcoin Unlimited (www.bitcoinunlimited.info)
justusranvier
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December 26, 2013, 08:38:06 AM
 #10

At least get enough that you can be a left-sider.

X.yyyyyyyy = left sider
0.yyyyyyyy = right sider
GigaCoin
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December 26, 2013, 08:38:25 AM
 #11

Should I hold it? trade? sell? advice, thanks!

If you can buy more then buy more and hold them. Also look into lite coins

Edward50
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December 26, 2013, 10:25:40 AM
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Should I hold it? trade? sell? advice, thanks!

If you can buy more then buy more and hold them. Also look into lite coins

litecoin? That was just $17 bucks a couple of days ago. I hardly think it is a good investment at $24 right now.

Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
Elwar
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December 26, 2013, 10:39:30 AM
 #13

Buy until you have 2.1 bitcoins, then put those in cold storage so you own one out of 10 million bitcoins that will ever exist.

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December 26, 2013, 10:46:40 AM
 #14

As we say in Bitcoin-land HODL!!!!

Whatever happens hold it for 3-5 years and you will either be filthy rich or you lost a few bucks.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
Wilhelm
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December 26, 2013, 10:49:56 AM
 #15

the only thing somebody with a total of 800 mBTC should do is - buy more. you will thank me in 2016. get at least 2100, it is still very cheap.

2100 lol yeah i'll just pull $1562400 from my ass and invest it in a risky asset Cheesy

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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December 26, 2013, 10:50:42 AM
 #16

Buy until you have 2.1 bitcoins, then put those in cold storage so you own one out of 10 million bitcoins that will ever exist.

Everyone should do this.
Buy and hold.

In the end only 0.0001% are traded and the price will skyrocket. The first that will dump, wins big time, the others can wait another 10 years.


Buy and hold is not the solution -> active trades for goods and web services helps to stabilize bitcoin.

< 100 BTC is not worth mentioning. Poor souls will always remain poor. Don't miss the failtrain.
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December 26, 2013, 03:01:03 PM
 #17

the only thing somebody with a total of 800 mBTC should do is - buy more. you will thank me in 2016. get at least 2100, it is still very cheap.

2100 lol yeah i'll just pull $1562400 from my ass and invest it in a risky asset Cheesy

I envy your rich ass, but that's not what I said.

See, that's why mBTC is a bad notion. Most folk don't get it, reading comprehension lacking. We need something simpler.

i am satoshi
Ibian
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December 26, 2013, 03:18:40 PM
 #18

At least get enough that you can be a left-sider.

X.yyyyyyyy = left sider
0.yyyyyyyy = right sider
Oh nice, I like that. Not super relevant right now, but in a year or two...

Look inside yourself, and you will see that you are the bubble.
Ibian
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December 26, 2013, 03:22:27 PM
 #19

the only thing somebody with a total of 800 mBTC should do is - buy more. you will thank me in 2016. get at least 2100, it is still very cheap.

2100 lol yeah i'll just pull $1562400 from my ass and invest it in a risky asset Cheesy

I envy your rich ass, but that's not what I said.

See, that's why mBTC is a bad notion. Most folk don't get it, reading comprehension lacking. We need something simpler.
How much simpler than metric can it really get? Only other thing I can think of is to come up with a cute name. Or just stick to full coins.

Look inside yourself, and you will see that you are the bubble.
piramida
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December 26, 2013, 03:38:29 PM
 #20

the only thing somebody with a total of 800 mBTC should do is - buy more. you will thank me in 2016. get at least 2100, it is still very cheap.

2100 lol yeah i'll just pull $1562400 from my ass and invest it in a risky asset Cheesy

I envy your rich ass, but that's not what I said.

See, that's why mBTC is a bad notion. Most folk don't get it, reading comprehension lacking. We need something simpler.
How much simpler than metric can it really get? Only other thing I can think of is to come up with a cute name. Or just stick to full coins.

I mean BTC and mBTC are hard for people to distiniguish, they have 75% overlap. And in the future, with uBTC, things would get really ugly. For now, I think most sense would be to price everything in satoshis. So 0.8 BTC = 800 mBTC (bad) = 80 ms = 80,000 ks = 80,000,000 s.

i am satoshi
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