Those hodling >10btc since last ath

[JimboToronto]

I've been holding >10BTC since the ATH was $68 and I have no intention of selling anything close to 50% of my coins.

The most I've ever sold was 10 bitcoins during the DCB in April 2013 when my high ask was met. I immediately put in a low bid which was met a few days later.

Currently I have what I consider a high ask open at Cavirtex for 10 coins at $450 each, just in case some fool accidentally does a large market buy or there's a freakish panic buying spree.

Most of my coins are safe in several dozen paper wallets. Hopefully I'll never have to sell any of them, just buy things with them.

[Buffer Overflow]

I was hoping to just spend them, no cashing out.

[ajareselde]

I've been holding >10BTC since the ATH was $68 and I have no intention of selling anything close to 50% of my coins.

The most I've ever sold was 10 bitcoins during the DCB in April 2013 when my high ask was met. I immediately put in a low bid which was met a few days later.

Currently I have what I consider a high ask open at Cavirtex for 10 coins at $450 each, just in case some fool accidentally does a large market buy or there's a freakish panic buying spree.

Most of my coins are safe in several dozen paper wallets. Hopefully I'll never have to sell any of them, just buy things with them.

Its a nice thing u have going there, youre probably right , its wrong to sell >10 Btc, better just wait for appropriate time to start using them.
Doubt there will be enough volume to allow you to sell @450 even if it was a mistake by buyer, but doesnt hurt to still have that offer, xcept that i would never leave more than 1 btc on exchange
due to ..reasons..

[sgbett]

At what price point do you hope to cash out at least 50% of your btc?

It'll be around $1.4million per BTC before I've sold half of what I currently have. Provided there is still any point hedging against BTC failure.

[MonadTran]

At what price point do you hope to cash out at least 50% of your btc?

At no point.

I'll start slowly cashing out within 40% of my stash, when / if 40% of my stash is enough to comfortably retire.

[600watt]

At what price point do you hope to cash out at least 50% of your btc?

At no point.

I'll start slowly cashing out within 40% of my stash, when / if 40% of my stash is enough to comfortably retire.

interesting idea. i´d like to do the same. hm.. with wife and kids this is a different story. i guess i would start selling tiny amounts around $ 1000,- and try to sell half the coins during the next run-up. the other half stays away from exchanges.

[ajareselde]

I was hoping to just spend them, no cashing out.

Thats the plan.

Yeah, but thats very similar to selling, because you are agreeing that your bitcoins have the value of xyz at the time of the trade.
I realize that you want to completely avoid fiat, im just not seeing much difference.
I plan to sell much more than 50%, but gradualy >10k usd, or when >30% increase happens without a clear reason.
cheers

[db]

Diversifying enough to live decently if Bitcoin fails but no way 50%. If Bitcoin succeeds and becomes a stable currency it still makes a lot of sense to hold bitcoin. It would be a non-inflationary currency that grows in real value in step with general economic growth. That would make it the optimal investment as long as you don't have private information about other investments, as such information is the only way to beat the index (i.e. overall economic growth) on average.

[spiderbrain]

When it's well above the long term exponential trend line. It never stays there for long.

[cellard]

At what price point do you hope to cash out at least 50% of your btc?

It'll be around $1.4million per BTC before I've sold half of what I currently have. Provided there is still any point hedging against BTC failure.

When do you expect that happen? isnt that insanely unrealistic?
If its 1.4 per coin, indeed there will be no point hedging against BTC. Would rather be rich in BTC than in some fiat.

[Brewins]

I was hoping to just spend them, no cashing out.

Thats the plan.

Yeah, but thats very similar to selling, because you are agreeing that your bitcoins have the value of xyz at the time of the trade.
I realize that you want to completely avoid fiat, im just not seeing much difference.
I plan to sell much more than 50%, but gradualy >10k usd, or when >30% increase happens without a clear reason.
cheers

if you use BTC to buy stuff then you agree that BTC has other utility then create money from thin air and that stores accept BTC is a good idea.

I think it is much different than just cash out

[deepestfear]

Not for less than $15k minimum
So getting out my popcorn for a long, long wait

[Amph]

no before 1k-5k for sure, but i'm aiming at 10k, anyway i will keep a portion, because i want to spend them directly, using them like a new currency, not just converting everything to fiat

[vvv8]

Im extremely calm and im able to hold my BTC without having constant arrhythmias. The long term mind is the winning mind.

The long term mind is the mind of a smart alpha.

[billyjoeallen]

^^ IGNORE THOSE BITCHEZ. WE GOT THE COINZ THEY DON'T.

[Elwar]

I would not spend 50% of my money on something, but once I can buy this with less than 20% of my holdings I will pay the owner bitcoins for it:

[tss]

At what price point do you hope to cash out at least 50% of your btc?

never.  i love losing money.  but anyways. if you bought in at the ath and you want to cash out 50% you should have done so months ago when the price was half of the ath.

 

[LewiesMan]

I would not spend 50% of my money on something, but once I can buy this with less than 20% of my holdings I will pay the owner bitcoins for it:

Would you actually buy it? Or would you say: I'll wait until I can get it for 5%.

[AlexM]

I have been selling my tax free limit every year (around £11,000 profit). However I may stop this and wait until the price is around £500 ($772) and sell up 1/6 of my holding and put the money into my properties renovations business. When the price reaches £2000-£2500 ($3080-$3840) I may use 70% of my remaining Bitcoins to build my own house, and investment property. I am keeping a sizable portion as a very hopeful pension.

[Fabrizio89]

I don't have much money and if what I have in btc will one day come useful at a price I consider right, I'll sell. But my target is not anywhere near where we are now by the way. I think that if we reach again the ATH I'd probably sell just 10% of my holdings.