""Okay guys. Here is the moment many of you have all been waiting for. I just exited my position. Clear the path to 680...
After trade fees and funding costs I cleared just a hair over $130k USD in profit from the trade. The position has been open (in part) since 3/3 for a total of ~92 days. I had about $11,200 in funding costs.
It took me about an hour and a half to clear the 1,350 BTC from my books, most of it (but about 300 or so) were market sells. The volume at 21:45 was partly (well, mostly...) me. Sorry for the sell pressure, folks. I was able to get completely out at an average price of $578.28. As my goal is accumulation of BTC, I then spent 10 minutes turning the $130,640 into 225.14 BTC (avg price after fees: $580.26). I had no want of speculating and holding on to the USD to see if BTC/USD fell. I was happy with my BTC profits and so I took it. Admittedly the price turned up after I finished selling so there was a little slippage on the USD->BTC front.
I am now the proud hodler of 554 total BTC. I'll be leaving 50 BTC in bitfinex for the occasional, low-leverage long, but the rest will be leaving, mainly to a keepkey. I still expect this to go to the mid 600's, It's just... those 90 some-odd days were rough, guys. That kind of exposure really puts a strain on your emotions and your normal day-to-day. For now, I won't be taking a margin position and will be checking the price much less frequently. I'll set some alarms... maybe at 500 maybe at 700... just so I can check in when the big moves happen. But I can't stare at charts on a screen anymore. I'm also closing on a 3/4 million dollar house in a few weeks, so this peace of mind (and the profits!) are fantastic immediately prior to moving across the country.
I'll be around for a few hours to answer some questions and feel free to PM me, but I hope to be spending a lot less time around here moving forward, at least for the immediate future. I need a few weeks - at a minimum - of good sleep, "no bitcoin", no reddit, no getting pissed, no being disappointed... I was happy with my profits and so I took them. No harm in that, but if you have a long It's not really a suggestion to sell. I just couldn't take the ups and downs any more and had enough on the line where I felt it was time to take some profits and re-evaluate. If bitcoin goes to $2k, $5k, $10k... still plenty of time to get back on the train. But for now, I need sanity.
Oh. I think I'm gonna turn that profit into a Porsche GT4. Yeahhhhhh.
Godspeed you lovely bastards. Yolo OUT."""
https://www.reddit.com/r/BitcoinMarkets/comments/4mlujc/daily_discussion_sunday_june_05_2016/d3wi83u 
