Author

Topic: Must... resist... urge... to sell... (Read 2704 times)

KTE
member
Activity: 69
Merit: 10
March 21, 2013, 12:54:17 PM
#33
Here's a song for all you bears, it's titled "SELL!":

https://www.youtube.com/watch?v=IaZMST-vHfM&t=1m10s
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
March 21, 2013, 12:36:31 PM
#32
I'm never selling. I'll just wait until the price stabilizes then use it in normal trade. In fact, I just spent a few BTC yesterday but I'm trying to replace them now...

Yea, the advice I am starting to offer is first acquire the btc THEN spend it as opposed to spending it and catching up.

Well, it was an opportunity I wasn't expecting and it was only 3 1/3 bitcoins. Unfortunately, I didn't realize how hard it was to just buy bitcoins at short notice, the ones I bought previously were just by arrangements with individuals.

It's all good though Cheesy I'm now switching to buying small amounts of bitcoin in a regular basis. There's all the usual regrets about not getting in earlier of course but it is what it is.
copper member
Activity: 1428
Merit: 253
March 21, 2013, 12:19:02 PM
#31
Sell just enough to take one year vacation somewhere without internet. Then reassess.

Lol  Cheesy

Come back...   Shocked It's 2443$

$10k more like...

Honey...  call my boss, I will stay longer on vacation...  much longer!

arent you happy yo didnt sell a couple of days ago? Smiley
hope you learned from this
donator
Activity: 784
Merit: 1000
March 21, 2013, 12:16:26 PM
#30
Strange.

The higher it goes, the less interest I have in selling.

You've just reached point "greed" on classic bubble graph.
Everybody want to buy, nobody wants to sell, price skyrockets up until everyone realize that it's time to sell.
member
Activity: 84
Merit: 10
March 21, 2013, 12:12:27 PM
#29
Strange.

The higher it goes, the less interest I have in selling.
hero member
Activity: 518
Merit: 500
March 21, 2013, 12:11:09 PM
#28
I'm never selling. I'll just wait until the price stabilizes then use it in normal trade. In fact, I just spent a few BTC yesterday but I'm trying to replace them now...

Yea, the advice I am starting to offer is first acquire the btc THEN spend it as opposed to spending it and catching up.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
March 21, 2013, 12:09:16 PM
#27
I'm never selling. I'll just wait until the price stabilizes then use it in normal trade. In fact, I just spent a few BTC yesterday but I'm trying to replace them now...
legendary
Activity: 1147
Merit: 1001
March 21, 2013, 06:35:25 AM
#26
It appears that's one of the hardest things to do as a long-time bull.
At what price do you sell when you know it could be even more worth in another year?
sr. member
Activity: 378
Merit: 250
March 21, 2013, 05:48:31 AM
#25
Sell just enough to take one year vacation somewhere without internet. Then reassess.

Lol  Cheesy

Come back...   Shocked It's 2443$

$10k more like...

Honey...  call my boss, I will stay longer on vacation...  much longer!
legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
March 21, 2013, 05:43:06 AM
#24
i closed my longs  Grin
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
March 21, 2013, 05:41:47 AM
#23
Sell just enough to take one year vacation somewhere without internet. Then reassess.

Lol  Cheesy

Come back...   Shocked It's 2443$

$10k more like...
sr. member
Activity: 378
Merit: 250
March 21, 2013, 05:37:38 AM
#22
Sell just enough to take one year vacation somewhere without internet. Then reassess.

Lol  Cheesy

Come back...   Shocked It's 2443$
legendary
Activity: 1498
Merit: 1000
March 21, 2013, 05:37:31 AM
#21
Sell just enough to take one year vacation somewhere without internet. Then reassess.
Great advice  Cheesy
hero member
Activity: 812
Merit: 1001
-
March 21, 2013, 05:34:01 AM
#20
Sell just enough to take one year vacation somewhere without internet. Then reassess.
sr. member
Activity: 378
Merit: 250
March 21, 2013, 05:30:37 AM
#19
I removed my hand from the trigger.  I moved those BTC to another wallet that I put offline and made copies on USB and other places outside my house (double-encrypted with 15+ characters alphanumeric passwords) and removed from my computer.  So they are safe from hazards and hacking too Smiley

One should always have a backup at different places, and outside his home too (at least, different geographical locations).  If something bad happen, you don't want your sole copy to be inside your computer or house...  You know, anything can happen...  PC frying, fire, electrical jolt/lightning blowing everything in the house, etc.
member
Activity: 92
Merit: 10
March 20, 2013, 06:41:24 PM
#18


Buying Ł >> buying fiat

Ł went up about 500% versus BTC not so long ago - right after a massive BTC rally! Go figure.


do you know how much bitcoin went up once SR launched?,
because an equivalent for LTC is online.
full member
Activity: 160
Merit: 100
March 20, 2013, 04:54:09 PM
#17
Thank about all the silly wealth in the world....


sr. member
Activity: 378
Merit: 250
March 20, 2013, 04:50:44 PM
#16
QFT

Ah... Google is my friend...  Just learned a new acronym Smiley
full member
Activity: 126
Merit: 100
March 20, 2013, 04:49:03 PM
#15
If you are in this for the long term, price fluctuations don't matter. These fireworks, flashy as they are, are too short-term to have anything to do with your investment.

If you are a day-trader with a strategy, that strategy is your sword and shield, and to the extent that you break from it, you are surrendering your profits.

If you are a day-trader without a strategy, nothing I can say will save you.

In an unpredictable market, emotion is your enemy.
Silence your gut and stick to the plan.
QFT
legendary
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
March 20, 2013, 04:47:09 PM
#14
If you are in this for the long term, price fluctuations don't matter. These fireworks, flashy as they are, are too short-term to have anything to do with your investment.

If you are a day-trader with a strategy, that strategy is your sword and shield, and to the extent that you break from it, you are surrendering your profits.

If you are a day-trader without a strategy, nothing I can say will save you.

In an unpredictable market, emotion is your enemy.
Silence your gut and stick to the plan.
copper member
Activity: 1428
Merit: 253
March 20, 2013, 04:46:27 PM
#13
Yesterday I was tempted to sell at $55, because I thought that the 49->32 crash would happen again and it would go to 45.  Nope... so then it hit 60 and I thought the same thing again, but it kept going.  I'm really glad I held...

You know it's going to continue to go up, despite the occasional correction, so before selling, think if it's worth it to risk it.
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
March 20, 2013, 04:45:56 PM
#12
I've sold my BTC during rallies... for LTC. Grin

Please tell me what it's like to make a terrible investment. I'm curious.  

Buying Ł >> buying fiat

Ł went up about 500% versus BTC not so long ago - right after a massive BTC rally! Go figure.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
March 20, 2013, 04:38:29 PM
#11
Yesterday I was tempted to sell at $55, because I thought that the 49->32 crash would happen again and it would go to 45.  Nope... so then it hit 60 and I thought the same thing again, but it kept going.  I'm really glad I held...
legendary
Activity: 1611
Merit: 1001
March 20, 2013, 04:31:08 PM
#10
hero member
Activity: 518
Merit: 500
March 20, 2013, 04:29:51 PM
#9
I've sold my BTC during rallies... for LTC. Grin

Please tell me what it's like to make a terrible investment. I'm curious.  
hero member
Activity: 1302
Merit: 502
March 20, 2013, 04:29:30 PM
#8
Why would you sell?
If you're in it since January (Not that long at all) you're up 500% already...
even if BTC goes down to $30 you're still making 200% or more on your money...
There is no reason to sell at all unless of course you need the USD for non BTC transactions.

Ahh. the daytrader in me...  Want to sell before crash, buy 20~30% lower...  Bad me... bad...

Whatever man, you can buy %100 lower if you SELL RIGHT NOW. Listen to that illogical part of your brain, he's totally right.
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
March 20, 2013, 04:28:11 PM
#7
I've sold my BTC during rallies... for LTC. Grin

But right now I feel no urge to trade BTC for fiat, same goes for vice versa. It's good just to watch.
sr. member
Activity: 378
Merit: 250
March 20, 2013, 04:24:28 PM
#6
Why would you sell?
If you're in it since January (Not that long at all) you're up 500% already...
even if BTC goes down to $30 you're still making 200% or more on your money...
There is no reason to sell at all unless of course you need the USD for non BTC transactions.

Ahh. the daytrader in me...  Want to sell before crash, buy 20~30% lower...  Bad me... bad...
hero member
Activity: 518
Merit: 500
March 20, 2013, 04:24:21 PM
#5
If you sell, you will be sad.

If you like to be sad, then please sell.
sr. member
Activity: 378
Merit: 250
March 20, 2013, 04:23:11 PM
#4
Yeah, last time, when it nailed 60, it did just like now.  It retracted a bit to 55, and sat quietly there until going up again...
copper member
Activity: 1428
Merit: 253
March 20, 2013, 04:22:43 PM
#3
Why would you sell?
If you're in it since January (Not that long at all) you're up 500% already...
even if BTC goes down to $30 you're still making 200% or more on your money...
There is no reason to sell at all unless of course you need the USD for non BTC transactions.
member
Activity: 224
Merit: 10
March 20, 2013, 04:19:41 PM
#2
I don't think it will in a near future. Just hold on to them and watch your wealth grow  Grin
sr. member
Activity: 378
Merit: 250
March 20, 2013, 04:18:13 PM
#1
I have transaction to Mt. Gox, no confirmation yet Shocked

Too tempting to sell...  But I did that 2 days ago and I ended up buying back at small loss, it just didn't go down  Tongue
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