Author

Topic: SELL HALF THE BITCOINZ! (Read 2101 times)

legendary
Activity: 1904
Merit: 1002
March 16, 2013, 06:18:03 PM
#17
On the way to $48 I've been selling enough to maintain 50% value in USD and BTC. Similar now, when we are in a slow slide, I just buy enough to have equal amounts in BTC and USD.

Has this 50% strategy got a name? Are there any downfalls or gotchas?

Rebalancing too often will eat through your stash with fees.  Not often enough and you miss the opportunity.  If you can do it on bitfloor or another exchange that pays you when your standing order is taken, it's a little easier since you don't have to deal with the fees.
sr. member
Activity: 280
Merit: 250
March 16, 2013, 12:15:43 PM
#16
On the way to $48 I've been selling enough to maintain 50% value in USD and BTC. Similar now, when we are in a slow slide, I just buy enough to have equal amounts in BTC and USD.

Has this 50% strategy got a name? Are there any downfalls or gotchas?
sr. member
Activity: 504
Merit: 250
March 16, 2013, 04:34:02 AM
#15
I sold  completely at $23 then bit the bullet at $31 and bought in again with half my stash.

On the way to $48 I've been selling enough to maintain 50% value in USD and BTC. Similar now, when we are in a slow slide, I just buy enough to have equal amounts in BTC and USD.

I works like clockwork, no need to speculate about the future. I we have an out of the blue major crash, I still recover by having USD in hand to buy at the bottom.
newbie
Activity: 17
Merit: 0
March 16, 2013, 03:52:33 AM
#14
coins coins the musical fruit the more you buy the more you toot
legendary
Activity: 947
Merit: 1008
central banking = outdated protocol
March 16, 2013, 03:28:39 AM
#13
Who else doesn't want a chance to pick up some cheap coins with dirty old fiat?  Grin
hero member
Activity: 887
Merit: 1000
March 15, 2013, 07:03:12 PM
#12
Hm someone that says they sold half their BTC says that you shouldn't buy them right now, how odd.  Not really.  Undecided
legendary
Activity: 2101
Merit: 1061
March 15, 2013, 04:31:30 PM
#11
I respect davinci's opinion, and agree that the best time to buy them was in 2011 after the bubble popped. In fact I did buy a bunch at that time but they were later stolen from my bitcoinica account.  Angry

However I have bought some just recently because I have the opinion that this rally could go a lot further yet. I'm thinking towards $200 is not unrealistic. Perhaps higher if it goes like the peak of 2011 again.

Perhaps its a risky strategy but I seem much more upside potential in bitcoins than gold or silver in the short term.
legendary
Activity: 1611
Merit: 1001
March 13, 2013, 03:39:17 PM
#10
I'm 1/3rd in LTC
420
hero member
Activity: 756
Merit: 500
March 13, 2013, 03:33:25 PM
#9
SELL HALF THE BITCOINZ FOR LITECOINZ!

at least 1/4
legendary
Activity: 1611
Merit: 1001
March 13, 2013, 03:30:13 PM
#8
SELL HALF THE BITCOINZ FOR LITECOINZ!
420
hero member
Activity: 756
Merit: 500
March 13, 2013, 02:56:51 PM
#7
Shit, I missed that. Liquidating all my bitcoins. Can someone buy them from me please?  Tongue

haha you can't liquidate them all because $1,500 worth are tied up into that 420 ponzi thing Wink

NOOOOOOO, foiled again! Selling 420 loan contract for all teh fiats! pst's w/ detailz.

seriously though, what's with the emo camera angle and lighting? You would think someone giving investment advice would be able to set a proper shoot.

just didn't want to try. hes canadian

been into the bitcoins for yearz. like if i woulda listened to him id be rich 3 months ago instead of 3 months from now
hero member
Activity: 648
Merit: 500
March 13, 2013, 02:31:48 PM
#6
Shit, I missed that. Liquidating all my bitcoins. Can someone buy them from me please?  Tongue

haha you can't liquidate them all because $1,500 worth are tied up into that 420 ponzi thing Wink

NOOOOOOO, foiled again! Selling 420 loan contract for all teh fiats! pst's w/ detailz.

seriously though, what's with the emo camera angle and lighting? You would think someone giving investment advice would be able to set a proper shoot.
420
hero member
Activity: 756
Merit: 500
March 13, 2013, 02:08:20 PM
#5
look he depressed he is for selling them!

BUY BUY BUY  Cheesy

I was thinking that.

i change my strategy...

SELL ONE FOURTH THE BITCOINS!
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
March 13, 2013, 02:00:20 PM
#4
look he depressed he is for selling them!

BUY BUY BUY  Cheesy
420
hero member
Activity: 756
Merit: 500
March 13, 2013, 01:42:24 PM
#3
Shit, I missed that. Liquidating all my bitcoins. Can someone buy them from me please?  Tongue

haha you can't liquidate them all because $1,500 worth are tied up into that 420 ponzi thing Wink
hero member
Activity: 648
Merit: 500
March 13, 2013, 09:28:58 AM
#2
Shit, I missed that. Liquidating all my bitcoins. Can someone buy them from me please?  Tongue
420
hero member
Activity: 756
Merit: 500
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