ScrapOfCat (OP)
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March 18, 2014, 02:40:25 AM |
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Pretty simple really. Will you still be holding, or will you cash out before then.
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Squander electricity on piffle: 1CLQajy22Z2n9YjZurFfPaKApcqsQa8BzK
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Dalmar
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March 18, 2014, 02:41:55 AM |
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Depends on the momentum, but I believe that the next bubble is likely bitcoin's final bubble.
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Ibian
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March 18, 2014, 02:43:37 AM |
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Since I'm withdrawing based on the SSS plan, I will always have bitcoins. They will also always be worth more than they were at the last price jump.
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Look inside yourself, and you will see that you are the bubble.
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seleme
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Duelbits.com
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March 18, 2014, 03:17:27 AM |
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Yes, I will.
I'll sell a lot to finally afford myself a things and secure my financials but I'll always leave some, maybe 20-30% to trade with it when opportunity comes.
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TERA
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March 18, 2014, 03:58:50 AM |
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I will always have bitcoins, because I have a specific cold storage and altcoin-trading allocation of btc that I have committed to and am willing to lose. Every time I trade and a make a profit, I add some of the profits to this allocation.
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lyth0s
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World Class Cryptonaire
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March 18, 2014, 04:26:11 AM |
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I will also be doing something similar to the SSS plan and thus will also always have bitcoins.
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keewee
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March 18, 2014, 06:50:35 AM |
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Absolutely. The thing is, if bitcoin is successful as a payment method there will be no need to cash out completely
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1keewee2vRp63UWvPBynT55ZYw6SUCKDB
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DiamondDust
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March 19, 2014, 09:39:20 AM |
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Absolutely. The thing is, if bitcoin is successful as a payment method there will be no need to cash out completely
This. totally agree, better to keep them all and pay for stuff with bitcoin.
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600watt
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March 19, 2014, 10:42:46 AM |
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Pretty simple really. Will you still be holding, or will you cash out before then.
this is a very essential question for those people that own 200 -1000 btc. there is your exit out of the rat race. how much money is "enough" for the rest of your life ? what is riskier - to miss a potential $ 10 k -50 k btc price when cashing out or to lose a potential exit for good out of labour slavery by keeping your funds in that collapsed virtual nothingness once called bitcoin ? it may be the most important decision of your lifetime. i keep fooling myself that a $ 5000 price tag on btc would make me independant financially. problem is, if it will reach that level it will not do so overnight. there will be ups and downs, sunshine and despair. to win a poker tournament one usually have to go nearly bust on the way up, it may be the same way with this little btc game. so it is actually a very good question how to play it on the way up there. the forums are full of early adopters who cashed out way too early and are bitter now and spit out hate. maybe it is best to ask the guys who own 5000 - 10000 btc since they had to find an answer already.
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billyjoeallen
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Hide your women
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March 19, 2014, 10:47:25 AM |
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I will always hold BTC. If the price rises 10%, I sell 1%. Some day this may change where I will sell 5-9% for every 10% increase (relative to USD).
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insert coin here: Dash XfXZL8WL18zzNhaAqWqEziX2bUvyJbrC8s
1Ctd7Na8qE7btyueEshAJF5C7ZqFWH11Wc
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SherdonIke
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March 19, 2014, 11:09:23 AM |
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Depends on the momentum, but I believe that the next bubble is likely bitcoin's final bubble.
Excuse me, I don't have a lot of experience in btc, so I am really curios what makes you think so?
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tinus42
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March 19, 2014, 11:20:41 AM |
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I don't have enough coins so that cashing out at $5000 would make a major difference in my life so I'll keep holding on them a little longer. Of course if the price was $50,000 it would be a much different situation.
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medUSA
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March 19, 2014, 11:26:06 AM |
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I don't have enough coins so that cashing out at $5000 would make a major difference in my life so I'll keep holding on them a little longer. Of course if the price was $50,000 it would be a much different situation.
This is exactly what I am thinking. I have so few bitcoins; cashing them out early wouldn't make my life any different, so I will just hold on to them until their fiat value does make a difference.
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Torque
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March 19, 2014, 04:24:31 PM |
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I don't have enough coins so that cashing out at $5000 would make a major difference in my life so I'll keep holding on them a little longer. Of course if the price was $50,000 it would be a much different situation.
This is exactly what I am thinking. I have so few bitcoins; cashing them out early wouldn't make my life any different, so I will just hold on to them until their fiat value does make a difference. And this is exactly what everyone will do that feels the same way, now or even new adopters of bitcoin in the future. And as the user base continues to grow exponentially over the next couple of years, what's to stop this line of thinking? If you think about it, it is what we NEED to have happen in order for demand to continue to outstrip supply. You WANT that guy/girl in the near future to say, "Well I finally have 0.1 BTC, but it's not enough now to cash out at $100K/BTC to make my life any different. So I'll just hold them until their fiat value does make a difference." And so on, and so on, and...
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Dafar
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dafar consulting
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March 19, 2014, 05:07:17 PM |
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I'm holding til $10k/btc... then I'm out for good
too much stress
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hellscabane
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March 19, 2014, 05:07:31 PM |
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Sure, I'll have bitcoins when the BTC/USD rate hits $5000. I mean why wouldn't I?
Will it be as much as I have now? Probably not.
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podyx
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March 19, 2014, 05:10:32 PM |
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well. I think this thread proves how little of a clue most people have about bitcoin
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adamstgBit
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March 19, 2014, 05:13:25 PM |
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Absolutely. The thing is, if bitcoin is successful as a payment method there will be no need to cash out completely at all
ftfy
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Joe200
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March 19, 2014, 07:09:17 PM |
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What's the SSS plan?
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