Learn from others mistakes. Hodl - page 3.

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: Wendigo on March 02, 2017, 02:01:13 PM

Quote from: calkob on March 02, 2017, 11:45:04 AM

In 1976 Ronald Wayne sold his 10% share in Apple computers for $800. If he had held his stake today it would be worth $60,000,000,000 (60 billion). This why i will never sell my Bitcoin for fiat, i'll keep it till i dont have to. Cool

https://www.youtube.com/watch?v=bvWh8sh_wPY

But that guy is 82 years old now. How long do you think we would last before we start selling our coins as well? Grin

I don't want to wait till I am a grandpa before I can enjoy my life to the fullest. What is the point of that?

P.S. I am going to throw a paper wallet in a bank vault and wait till the year of 2030 to open it again Grin

Why you want to sell?
You will trade fractions of your coins for whatever you want!
Who the hell wants to exchange his precious bitcoins for some shitty paper notes the central banks can play with whenever they like?!
People will lick your butt in the future to get at least one single coin if all plays out as we hope, meaning Bitcoin will be the ultimate open source permissionless Blockchain the whole world will connect to!!!
Be brave and think big buddy!! Wink

york780

sr. member

Activity: 392

Merit: 250

I know but i want more coins

. I sell at 1250+/- buy back at 1080+/-

el kaka22

legendary

Activity: 3710

Merit: 1170

www.Crypto.Games: Multiple coins, multiple games

Quote from: york780 on March 03, 2017, 07:27:28 AM

i think i am going to sell right now. Because of the ETF deadline.

Probably if ETF is not getting approved means we can expect some fall back but definitely not too heavily, maybe around $950 levels also possible but very sooner we can expect prices to bounce back to this current levels up to $1300 and may continue it progress of up surge. Hence I am not finding ETF as a deadline for holding bitcoins.

ETF may be just force for current rally, but surely $1300 levels were speculated when bitcoin prices beating gold prices. Just hold you will get $1500 and then $2000 levels within 2017 itself regardless of what ever out come we are going to get for ETF.

jtipt

hero member

Activity: 1050

Merit: 529

Quote from: calkob on March 02, 2017, 11:45:04 AM

In 1976 Ronald Wayne sold his 10% share in Apple computers for $800. If he had held his stake today it would be worth $60,000,000,000 (60 billion). This why i will never sell my Bitcoin for fiat, i'll keep it till i dont have to. Cool

https://www.youtube.com/watch?v=bvWh8sh_wPY

HODL all the way. This is probably the best strategy, we can even see that in just one year bitcoin doubled in price so just think where it would be in more 5-10 years.

Quote from: york780 on March 03, 2017, 07:27:28 AM

i think i am going to sell right now. Because of the ETF deadline.

Don't do that just yet, if ETF is approved bitcoin will most likely skyrocket but obviously if ts disapproved then BTC might take a dump even below $1000

york780

sr. member

Activity: 392

Merit: 250

i think i am going to sell right now. Because of the ETF deadline.

Torque

legendary

Activity: 3710

Merit: 5286

Two 20-somethings create a phone app in their basement that allows young people to send stupid, inane or lewd pictures or video to each other, that then self-destruct in 30 seconds so their parents can't see it.

And now the U.S. market suddenly thinks that this 'great innovation' given to the world is worth $20B overnight? Huh

Yeah. That happened.

So the point is, don't HODL SnapChat (or Twitter).

HODL Bitcoin instead. Wink

coolcoinz

legendary

Activity: 2814

Merit: 1192

Quote from: jbreher on March 02, 2017, 10:12:32 PM

Quote from: pixie85 on March 02, 2017, 02:01:40 PM

What if Bitcoin reaches $10k and you have a lot of coins (20+) wouldn't that be a good moment to live your life,...

Whatevs. What is a couple hunnert thousand (a couple years first-world salary) against potentially life-changing money? I'm riding this charger as far as it will take me. Better live either as a king or a pauper rather than to merely retire a few years earlier.

It depends on your location and economy. While 200k USD might not sound impressive in the USA, at least not if you're thinking about the rest of your life, in some countries it would be a fortune.
For instance in Eastern Europe this could buy you 3 luxurious apartments that you could rent out later.

To give you a better example I'm living in central Europe, in a house, and my rent + utility bills don't go much above 2000 USD a year. If we multiply it by 2 to include the cost of maintenance, broke down appliances and stuff, this would cover my cost of living for the next 50 years! IMO it would be a great moment to retire.

BobLawblaw

legendary

Activity: 1868

Merit: 5722

Neighborhood Shenanigans Dispenser

Quote from: jbreher on March 02, 2017, 10:12:32 PM

Quote from: pixie85 on March 02, 2017, 02:01:40 PM

What if Bitcoin reaches $10k and you have a lot of coins (20+) wouldn't that be a good moment to live your life,...

Whatevs. What is a couple hunnert thousand (a couple years first-world salary) against potentially life-changing money? I'm riding this charger as far as it will take me. Better live either as a king or a pauper rather than to merely retire a few years earlier.

What if you have 100 coins, and it hits $10k.

I would probably retire...

jbreher

legendary

Activity: 3038

Merit: 1660

lose: unfind ... loose: untight

Quote from: pixie85 on March 02, 2017, 02:01:40 PM

What if Bitcoin reaches $10k and you have a lot of coins (20+) wouldn't that be a good moment to live your life,...

Whatevs. What is a couple hunnert thousand (a couple years first-world salary) against potentially life-changing money? I'm riding this charger as far as it will take me. Better live either as a king or a pauper rather than to merely retire a few years earlier.

Raimonn

legendary

Activity: 1470

Merit: 1001

I loosed before, selling on high prices and trying to rebuy on next lows, low prices didn't come, and i had to buy on higher prices. Now we are on all the times high, i think that holding is the best option i don't want to make the mistake again.

Creepings

sr. member

Activity: 546

Merit: 257

I think it is better to earn than to just "hold". And selling Ronald Wayne's share, I think that is a better choice than holding it.

equator

legendary

Activity: 1190

Merit: 1002

If no one is going to sell the bitcoins then automatically you cannot see the price getting fluctuated and their wont be much movement in the price of Bitcoins. So i think until the Bitcoin is been used by the users regularly we can see bitcoin price movement going up or down. Use the Bitcoin on your requirement and keep the balance for the future

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: calkob on March 02, 2017, 11:45:04 AM

In 1976 Ronald Wayne sold his 10% share in Apple computers for $800. If he had held his stake today it would be worth $60,000,000,000 (60 billion). This why i will never sell my Bitcoin for fiat, i'll keep it till i dont have to. Cool

https://www.youtube.com/watch?v=bvWh8sh_wPY

I hope i'm that person who bought 10% of the Apple and for sure i will not sell it in that time because i that kind of person who bought stocks and just let it sleep for years, So now i can be billionaire Roll Eyes

.

Learning from other mistakes is the very affordable and very cheap way of learning something new because you don't need to waste your time in getting experience since there is some people who already tried it for you and you just base on their result and then avoid it and also do better than them.

eternalgloom

legendary

Activity: 1792

Merit: 1283

I'll just sell some Bitcoin when the price goes down again and buy when it goes up.
There's no reason for me to just hold them without earning some extra Bitcoin with the capital.

examplens

legendary

Activity: 3472

Merit: 3507

Crypto Swap Exchange

Quote from: calkob on March 02, 2017, 11:45:04 AM

In 1976 Ronald Wayne sold his 10% share in Apple computers for $800. If he had held his stake today it would be worth $60,000,000,000 (60 billion). This why i will never sell my Bitcoin for fiat, i'll keep it till i dont have to. Cool

https://www.youtube.com/watch?v=bvWh8sh_wPY

Maybe perhaps he needed the medication and with that money, he saved someone's life
maybe he invested these $800, and earn his first million, and you must agree that is million in 1976 worth more than now.
Great when someone can hold bitcoin in his wallet, but a lot of people may be living from it.
I can not forgive what I did not buy when the price was $4

megynacuna

sr. member

Activity: 756

Merit: 253

Quote from: amacar2 on March 02, 2017, 01:14:15 PM

Dont just hold buy more current price per bitcoin is bargain Grin

I am regretting right now, why i sold 3+ bitcoin when price was only around 700$ Angry

True, but the prices aren't that low and I will wait for a few more days if it will drop or rise before I make a decision. Bitcoin is soaring higher and higher and we all need to take advantage of this great feet that we've achieved.

Youresioure

full member

Activity: 162

Merit: 100

Reich mir die Hand

Guys, it's not only about luck. Best investments are smart investments. People who make a living from investment learned to do it in the intelligent way. You can turn it into a science and maximize your profit or let it stay at gambling level. It's your choice. Ask the question yourself: Do you see a future with BTC? Why? These answers should decide your investment.

pixie85

hero member

Activity: 2184

Merit: 531

Quote from: Hydrogen on March 02, 2017, 01:17:46 PM

Bill Gates tried to trade all his microsoft stock for stock in Lotus, before microsoft became the giant it is today.

Peter Norton the founder of Norton anti virus used to believe malware and computer viruses were myths.

Some people succeed simply for being in the right place in the right time, it has little to do with brains.

Cheesy

So true... I've read about people who found money buried on their property while gardening. I also read about a guy who had a lot of bitcoins mined back in 2010 and forgot about it, because his whole stash was worth maybe $100 back then. When Bitcoin reached $1000 a coin he started to look for his old drive just to find he had thrown it to a dumpster along with his old pc.
Some people become rich without trying, others have money pass right under their noses.

User365

sr. member

Activity: 434

Merit: 251

physics, mathematics and engineering

I agree with you, except you need the money you shouldn´t sell it, because:

1. it might gain value
2. as i said: if you don´t need it -> you currently don´t need it so in case you loose it, it doesn´t matter (of course you won´t be happy)

Pettuh4

sr. member

Activity: 812

Merit: 251

I bet I will not sell any of my bitcoins until there's stability. I forsee it's going to rise again and again and I wouldn't repeat the mistake of Ronald Wayne.

Topic: Learn from others mistakes. Hodl - page 3. (Read 3286 times)