Cash out or keep bitcoins? - page 2.

vual

hero member

Activity: 714

Merit: 500

Quote from: vual on February 03, 2012, 09:53:39 AM

how about latly, you goto admit its been strange, last week, 5.21,5.41,5.47,5.80,5.95,...6.10 next??

Lucky u didnt cash out at 5$ wait for 7?

lmfao, so ..... who cashed out hahahahhahahaha
sorry for the bump couldnt help it , hahahahha imagine that cashing out >< Tongue

vmarchuk

newbie

Activity: 45

Merit: 0

I see Bitcoin as speculate investment. When mining reward cut in half soon, value go UP UP UP and comedy value go DOWN DOWN DOWN.

Like stock purchase. Keep GLD spider in stock account and sit on for while.

Maybe bitcoin go into toilet. Who know. I not think so.

If you no can afford to gamble, then not get into bitcoin.

the joint

legendary

Activity: 1834

Merit: 1020

I've made the vast majority of my profit when the price of BTC falls. If I had held from the beginning, I'd be down about 400%. Instead, I'm currently up around 1500%. There are merits to cashing out if you're a good trader.

There are also merits to buying low and selling very, very, very high Cheesy

TheHeroMember

full member

Activity: 126

Merit: 100

Keeping them is for future purposes.

alfonzo1955

newbie

Activity: 4

Merit: 0

It really depends if you want the money or not.

Wandering Albatross

member

Activity: 70

Merit: 10

How exposed are you? It seems to me that unless you need the $$ just hold on to them. If you do need some $$ try to calculate what portion would make you feel less exposed and sell that. Keep the rest. The price can only go up. Or it could go to zero. There will only ever be 20 mill. BTC.
and there are 7 bill. people.

It all comes down to what risk you want to take.

joest

newbie

Activity: 7

Merit: 0

Now I'm new to the whole bitcoin world, so forgive me of I'm wrong, but isn't the number of coins that come from a mined block set to half itself sometime in 2012? This would probably mean a lot of the lower-end miners dropping out (since it wouldn't be valuable to them anymore), leaving less competition which would equal, at least in a small way, higher exchange rates?

I don't know about you, but if I had a stash of bitcoins I'd keep them. Markets of all sorts, not just bitcoins, tend to fluctuate a bit.

Electrongolf

full member

Activity: 139

Merit: 100

What's Your Gig?

Keep them. You might find something that you want to buy. If more people start buying stuff with them, the value will rise.

TheHeroMember

full member

Activity: 126

Merit: 100

time will come when the demand on bitcoin will grow.

red123

sr. member

Activity: 244

Merit: 250

Keep your bitcoins, unless you need the cash...I think as the year goes by it will increase.

heybabit

newbie

Activity: 20

Merit: 0

I normally keep them until I want to buy something. So I say do a combination of 1 and 2. If you want to buy something, then cash out. Otherwise wait for the rate to go up

defenestra

newbie

Activity: 15

Merit: 0

If you don't know what will happen then try to averaging your exchanges. Just agree on given amount per week to sell or spend. That way you'll get your worth of btc and you'll have some saved for latter.

xloki

newbie

Activity: 22

Merit: 0

keep as man as possible but spent a few here and there just for the joy of it.

digital-reality

newbie

Activity: 13

Merit: 0

I agree with the majority of the rest of the posters. The value of a bitcoin has tanked for a while and is slowly rising back up so right now is a great time to buy/trade other currency for them but you should sit on the ones you have imo.

Highway 596

newbie

Activity: 11

Merit: 0

While I'm new and my BTC grand-total is a whopping 0.1ish, I wonder if BTC, over the last few months anyways, is really all that more unstable than actual currencies like the Euro with what we've seen politically this winter...

silver52961

newbie

Activity: 17

Merit: 0

If I were you, I would wait for the market to rise in value

pskonejott

newbie

Activity: 51

Merit: 0

I've been holding most of my coins but every once in awhile, I'll come across something I really want to buy Tongue

boozer

sr. member

Activity: 309

Merit: 250

I'm selling 'em every two weeks (to hopefully cost average a bit) until my hardware is paid off (took a lot of convincing for my wife to let me buy a rig)... but once thats done I'll probably hold some and sell some (to cover electric) like others have mentioned.

Now I just need to convince my wife to let my by about 10 more rigs (and a loan officer, lol).

minivan81

newbie

Activity: 20

Merit: 0

I believe in the Bitcoin system. However, I still want to lock in any gains that I can get. So I've been holding half and selling half of my coins.

vual

hero member

Activity: 714

Merit: 500

how about latly, you goto admit its been strange, last week, 5.21,5.41,5.47,5.80,5.95,...6.10 next??

Lucky u didnt cash out at 5$ wait for 7?

Topic: Cash out or keep bitcoins? - page 2. (Read 4639 times)