Author

Topic: [POLL] What percentage are you in for the long term? (Read 1559 times)

legendary
Activity: 1708
Merit: 1020
Why is there no option for percentage higher than 100%? Yes, I am greedy Wink
Just make sure you are not getting tooo greedy.
newbie
Activity: 26
Merit: 0
Why is there no option for percentage higher than 100%? Yes, I am greedy Wink
sr. member
Activity: 388
Merit: 250
100%, though only a small fraction will be in wallets, the rest will be in Cryptostocks.
Why do you expect these to rise faster than Bitcoin itself?

sdice for example seems to do worse for example.

I'd rather they were put to use in something like a large-scale mining operation to buy new equipment and generate more through dividends, than just sitting in a wallet like they would 99% of the time. But anyway, each to their own.
legendary
Activity: 2576
Merit: 1087
I'll be down to around 65% by then. dollar cost averaging out, in increasingly smaller amounts of BTC. Will hurt me in the perfect endgame (1 bitcoin worth millions) will benefit me in catastrophic failure scenario.

Anywhere inbetween I get bonus money to spend(or invest elsewhere) with whilst I wait for the paradigm shift! Life goes on eh.
legendary
Activity: 1708
Merit: 1020
current average is ~72%  (92 voters).

Hehe, with you guys Bitcoin is never going down  Grin
full member
Activity: 210
Merit: 100
What percentage of your all time maximum holdings in BTC will you hold for at least a year from today or until BTC price is freaking high like 1000 USD/BTC?

You are welcome to explain your reasoning.

Depends on the price. If it is only 1000 USD next year, I probably won't sell much or anything, if it gets towards 2500 USD I'll start thinking of perhaps selling 5 - 10%. If it goes up further within a short amount of time, I am able to sell less BTC in order to reach a desired amount of fiat.
hero member
Activity: 1008
Merit: 531

Maybe because we have all lived our entire lives in an inflationary paradigm and most people thus think that stocks will generally appreciate in value over time.
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Yep.  Simply holding BTC is equivalent to investing in the bitcoin economy as a whole; it is better than an index fund.  Only invest in a specific stock if you think that you have more information about that stock's future performance than the market does.  If you don't have a "tip" then you are better off not investing at all.

This property of non-inflationary currencies is a good thing.  It means that simply saving your money is investing.  People who don't want to actively invest get all of the benefits of index funds without paying people to manage their money.
sr. member
Activity: 406
Merit: 286
Neptune, Scalable Privacy
100%, though only a small fraction will be in wallets, the rest will be in Cryptostocks.
Why do you expect these to rise faster than Bitcoin itself?

sdice for example seems to do worse for example.
Maybe because we have all lived our entire lives in an inflationary paradigm and most people thus think that stocks will generally appreciate in value over time.
legendary
Activity: 1708
Merit: 1020
100%, though only a small fraction will be in wallets, the rest will be in Cryptostocks.
Why do you expect these to rise faster than Bitcoin itself?

sdice for example seems to do worse for example.
sr. member
Activity: 388
Merit: 250
100%, though only a small fraction will be in wallets, the rest will be in Cryptostocks.
legendary
Activity: 2142
Merit: 1009
Newbie
0%. Coz Bitcoin is not decentralized anymore. (Don't bother arguing on this point)
legendary
Activity: 1540
Merit: 1000
90% for me, the rest of what I earn is going to go into Gold/Silver bars Cheesy
legendary
Activity: 1708
Merit: 1020
Why would you hold anything else? This is the only thing I feel somewhat confident isn't being hyper-inflated, counterfeited, seized, or taxed to death. I have no reasonable alternative.
You could sell some if you expect it to fall so you can then buy more.

FinCEN and taxation in the EU favor keeping it forever, though.

Whats this taxation in the EU thing?  Something I missed?
It looks like you might have to pay some speculation tax if you speculate (buy & sell) bitcoins as for stocks etc. If you use it to buy stuff directly you should be able to go around that. It's nothing new.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Why would you hold anything else? This is the only thing I feel somewhat confident isn't being hyper-inflated, counterfeited, seized, or taxed to death. I have no reasonable alternative.
You could sell some if you expect it to fall so you can then buy more.

FinCEN and taxation in the EU favor keeping it forever, though.

Whats this taxation in the EU thing?  Something I missed?
cho
full member
Activity: 155
Merit: 100
Boar with me
1. Bitcoin is technically superior to other forms of money currently in use => BUY
2. Bitcoin is economically extremely undervalued => BUY
3. Bitcoin can bring an alternative to current monetary slavery, and is a source of hope for anyone with a real sense of freedom => BUY and USE as a medium of exchange.
legendary
Activity: 1708
Merit: 1020
Why would you hold anything else? This is the only thing I feel somewhat confident isn't being hyper-inflated, counterfeited, seized, or taxed to death. I have no reasonable alternative.
You could sell some if you expect it to fall so you can then buy more.

FinCEN and taxation in the EU favor keeping it forever, though.
hero member
Activity: 868
Merit: 1002
Why would you hold anything else? This is the only thing I feel somewhat confident isn't being hyper-inflated, counterfeited, seized, or taxed to death. I have no reasonable alternative.
hero member
Activity: 492
Merit: 503
100% is my ideal plan, but I put 90% as I'm only in part time employment at the mo, and my supply of GBP is draining faster than I can fill it up. That and the whole 'Bitcoin should be a means of transaction, not just a store of value' colliding with 'Be the change you want to see in the world' thing. And classes in English sentence composition. Christ.
legendary
Activity: 1708
Merit: 1020
What percentage of your all time maximum holdings in BTC will you hold for at least a year from today or until BTC price is freaking high like 1000 USD/BTC?

You are welcome to explain your reasoning.
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