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Topic: bitcoin crossed 150$, 200$ & soon 500$ - page 5. (Read 8990 times)
And crossed 200
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!!!!!200!!!!! 
FIAT ? why would you like to buy that car, stay away. If you like the look buy small model and keep it on your table. For guy who trade bitcoins for longer then most members here knew about it, you must be driving Bentley by now.
rofl
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Edit : +1 for car analogy
so ... what .. to do 
sell or hold
sell or holdOne more thing is always try to spend bitcoins rather than selling. For example you want to buy BFL single or planning to buy some property near your town. Sell some coins for INR ( I dont think property owner will take bitcoin at the moment ) and buy whatever you have planned. I dont find a good reason to convert bitcoins to FIAT and hold that. But you can convert it to FIAT as medium of exchange for buying something or investing in something.
Also, Never put all eggs in one basket
. Try to diversify your portfolio with some portion going in Gold, Property, Insurance and pension plans and what not Cheers
thanks for advice, much appreciated. I already invested to BFL, not much but what I can loose easily, now will wait till it turn into something real. I seriously considering now to buy some ASICminer shares. Sort of bitcions which not only grow but also pays some dividends.
FIAT ? why would you like to buy that car, stay away. If you like the look buy small model and keep it on your table. For guy who trade bitcoins for longer then most members here knew about it, you must be driving Bentley by now.
so ... what .. to do sell or hold
sell or holdCreate an Ecosystem.
Trade with it. Do not buy or sell
Once you have some, that is.
But that's me, limited material requirements.
Everyone needs to get their own speculation on this one as no one has seen trends like what Bitcoin has created.
so ... what .. to do sell or hold
sell or holdBitcoin is going to touch sky highs in the coming years. But still its very small economy compared to other markets ( around 1 bln ) and will see lot of ups and downs, challenges, market manipulations and what not. So if you are uber long with bitcoin, just hold and do not worry much about price going high or low.
But again we need to pay bills and do business
So simple advise, book some profit regularly when you find you are making good money. In case you find bitcoin price going low and can afford buy, buy again. But in any case you must have certain % ( it can be anything 10, 20, 50, 90, 99 ) as your long term investment.
One more thing is always try to spend bitcoins rather than selling. For example you want to buy BFL single or planning to buy some property near your town. Sell some coins for INR ( I dont think property owner will take bitcoin at the moment ) and buy whatever you have planned. I dont find a good reason to convert bitcoins to FIAT and hold that. But you can convert it to FIAT as medium of exchange for buying something or investing in something.
Also, Never put all eggs in one basket
. Try to diversify your portfolio with some portion going in Gold, Property, Insurance and pension plans and what not Cheers
so ... what .. to do sell or hold
sell or hold
And we are going to reach 200 soon... 194 now
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185 now
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Cheers
Next up: $200!
Almost at 10K INR for each BTC.
$ 160
Amazing gain post Cyprus
It was goin to cross. I am sure we will just count the days before it crosses $200 soon.
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