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Topic: hold or dump? - page 3. (Read 3138 times)

legendary
Activity: 1316
Merit: 1000
January 04, 2015, 05:57:25 AM
#27

Always hold, remember the price just 2 years ago, we cant just go exponential all the time.  Also consider 2014 has been the best year for bitcoin so far.   
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
January 04, 2015, 05:53:57 AM
#26
Not sure how to put it into words but just ponder for a moment....If you hold on to it right now what else do you have to lose? If you sell out now, basically you have confirmed your fate. Either way, you are just mitigating the losses. Even if the price goes practically to zero which I believe is not possible as long as there is demand, the risk you are taking is probably worth it.

If everyone was to just hold onto it, wouldn't the price decrease?
Q7
sr. member
Activity: 448
Merit: 250
January 04, 2015, 04:38:54 AM
#25
Not sure how to put it into words but just ponder for a moment....If you hold on to it right now what else do you have to lose? If you sell out now, basically you have confirmed your fate. Either way, you are just mitigating the losses. Even if the price goes practically to zero which I believe is not possible as long as there is demand, the risk you are taking is probably worth it.
member
Activity: 105
Merit: 10
January 04, 2015, 03:50:20 AM
#24
I say hold it for a few month

I believe in the potential of btc
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
January 04, 2015, 03:44:04 AM
#23
This pattern will keep repeating itself we are in the middle of peaks at this very moment and after time again to new heights. No reason why this would not happen again network keeps growing on and on.



How do people estimate that; how statistically probable is that prediction? While it's true that BitCoin is gaining traction, it's been decreasing in value EVEN THOUGH popularity has been increasing
legendary
Activity: 1120
Merit: 1001
1NF4xXDDpMVmeazJxJDLrFxuJrCAT7CB1b
January 04, 2015, 03:17:01 AM
#22
honestly, i don't want to sell. but the rational side of me if making me think about it.

a few weeks ago my buddy told me to go gambling with him. i got on a quarter slot machine and was on a hot streak. got myself up to $92. when i hit $90 i said i was going to cash out at $100. $100 never came. as my winnings dwindled i said i'm going to keep going and didn't really concern myself with losing it. in the end i lost it all cause i wanted a few more bucks. this can be disastrous with my BTC and i could lose a small fortune.
legendary
Activity: 1008
Merit: 1000
January 04, 2015, 03:05:19 AM
#21
Too late to ask, if you wanted to sell you should've sold earlier. At present the chance of it going significantly lower is small.

You've made your choice earlier to hold, stick with it.
legendary
Activity: 1358
Merit: 1000
January 04, 2015, 02:58:42 AM
#20
Cali will soon be handing out coin as foodstamps

and since you can't just print coin



legendary
Activity: 1904
Merit: 1074
January 04, 2015, 02:57:55 AM
#19
I'd rather hold, until it rise again. Think about this.... Lots of hoarders have bought loads of Xmas gifts and possibly paid for holidays and this will have an downward affect on the price. {More BTC on offer on exchanges, and less people, willing or capable to buy it}

How many people make huge investment decisions, in December/January anyways? {Lots of clever people buy up the bargains}

Things will pick up again, after the hangover spending affects have calmed down.  Wink
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
January 04, 2015, 02:52:16 AM
#18
It really depends on how much your have and what its worh to you.
I would say hold but if you cant afford to loose what you have if something crashes the market then sell enough and hold what you need to live in fiat, then hold some savings in BTC.
legendary
Activity: 1120
Merit: 1001
1NF4xXDDpMVmeazJxJDLrFxuJrCAT7CB1b
January 04, 2015, 02:43:47 AM
#17
i also think that $1100 jump was either.....

A) MTgox trying to manipulate the market fraudulently for profit.

B) government or big money trying to test/crash the system.

i don't think we will ever reach those numbers again.
hero member
Activity: 699
Merit: 501
Coinpanion.io - Copy Successful Crypto Traders
January 04, 2015, 02:39:52 AM
#16
This pattern will keep repeating itself we are in the middle of peaks at this very moment and after time again to new heights. No reason why this would not happen again network keeps growing on and on.


LOL!
hero member
Activity: 597
Merit: 504
January 04, 2015, 02:36:56 AM
#15
for me, it's less about the price and more about the points i made in the first post.

Ahhh rich enough yes? Well what you doing here then go hug your wife and play with your children or make some if you don't have any yet.

Dump it all then
legendary
Activity: 1120
Merit: 1001
1NF4xXDDpMVmeazJxJDLrFxuJrCAT7CB1b
January 04, 2015, 02:32:06 AM
#14
for me, it's less about the price and more about the points i made in the first post.

BTC was at it's best when we were GPU mining. anybody could get in the game. i had four 6990 going and was killing it. those days are gone. only the big boys can mine anything substantial cause of price power and difficulty. and whether you used SR or not it was a big part of where you dump your coins for alot of people. without it where do you spend your BTC? only here to trade for bullshit that you can get from any major retailer.
hero member
Activity: 597
Merit: 504
January 04, 2015, 02:32:03 AM
#13
This pattern will keep repeating itself we are in the middle of peaks at this very moment and after time again to new heights. No reason why this would not happen again network keeps growing on and on.

hero member
Activity: 699
Merit: 501
Coinpanion.io - Copy Successful Crypto Traders
January 04, 2015, 02:30:55 AM
#12
Hold or dump depends on your financial situation and the % of your net worth you have invested in cryptocurrencies.
You should never base your trading action on what the price is doing.
member
Activity: 70
Merit: 10
BtcMarkets - Australian Bitcoin Trading Platform
January 04, 2015, 02:27:18 AM
#11
Sell off what you wouldn't want to lose. Keep an amount that you can stand to lose.
legendary
Activity: 1120
Merit: 1001
1NF4xXDDpMVmeazJxJDLrFxuJrCAT7CB1b
January 04, 2015, 02:22:08 AM
#10
precious metals is different. it's been valued since the mayans and egyptians. as long as society is still civilized and trading you can never go wrong holding those type of goods.
sr. member
Activity: 406
Merit: 250
January 04, 2015, 02:19:53 AM
#9
i got in when BTC was at $2. i was always about hold, and it paid off for me. but with SR gone and the big companies controlling the market hold isn't logical any more. hold is purely hope at this point.

I smack myself silly every time I think about how I never sold my 500 ounces of silver when it was still at $28 an ounce a little over a year ago.


Fuck my life.
legendary
Activity: 1120
Merit: 1001
1NF4xXDDpMVmeazJxJDLrFxuJrCAT7CB1b
January 04, 2015, 02:17:58 AM
#8
i got in when BTC was at $2. i was always about hold, and it paid off for me. but with SR gone and the big companies controlling the market hold isn't logical any more. hold is purely hope at this point.

right now i'm thinking about this saying, wish in one hand, shit in the other, see which one fills up first.
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