Investing in bitcoin is as risky as depositing into a dice site and gambling. It can drop too easily at any time, or rise. You don't know what to expect.
Even when it's down it could just be the start of a huge downhill drop, so don't be quick to buy in. Right now it's like choosing heads or tails to stay in. If you're scared of it dropping I'd leave now.
Topic: Should i cash out or not? (Read 3819 times)
you mean, should i cash out or nah?
https://www.youtube.com/watch?v=TUj0otkJEBo
please cash out i am loading up the truck, thanks.
https://www.youtube.com/watch?v=TUj0otkJEBo
please cash out i am loading up the truck, thanks.
Should cash out on this small rally if you didn't already. Technical indicators still pointing downward.
Which tech indis? In total worth over the past few days, I've lost thousands.
In total loss, I've not lost a cent because I haven't sold.
Take that how you will.
In total loss, I've not lost a cent because I haven't sold.
Take that how you will.
Exactly, if im in a loss if i sellout, i just wouldnt do it, exept if i can buy back in cheaper , allowing my stash to grow in the time of price decline.
But its hard to predict market moves, so its also a gamble if you try to pull something like that.
I would rather wait dec/jan, and the try to make some sence of it, rather than just sell now.
Should cash out on this small rally if you didn't already. Technical indicators still pointing downward.
As others have said, if you panic sell at the first sign of trouble then speculation / trading game is not for you.
Question you need to ask yourself is, can I afford to lose my btc investment? If the answer is no, then you should not be in this game and protect yourself by casing out in case things go badly. No one knows the future.
If the answer is yes, then you can afford to hold until you think is worth casing out and try not to panic sell and just wait to see. I will be holding my coins because :
people talk a lot about what is happening, but i look at market cycles. Unless BTC is fundamentally flawed (we all know its not) or will somehow be killed off (gvnt isnt that organised) then the market will go through these crazy cycles in the first years. Since most of the world does not yet use BTC, then as new markets move in, so do new buyers.
Imagine what the price would be once SAmerica, IndoAsia and AFRICA start jump on board. Since this hasnt happened yet, I think we are still on the bull trend. I think about 1-4% of the world uses BTC or is aware of it now, thats a lot of upside potential...
Anyway, my logic is (while on bull trend) price sets new higher highs followed by higher lows, then higher highs then higher lows etc. So, $1 low to $15 high, then $6 low to $250 high, then $50 low to $1200 high, then $400 (or 300 or 200 take your pick) means a new high of....
as long as, on this next low price happenig now, we dont go below 50$ (the last low before 1200 high) then we are still on bull trend:)
my bet is down to 350 now, then up to 800 by xmas. if Argentina jumps in, then 1500. If we get lucky in the next 8 months and some African nation jumps in, then new high of 2000 is my target:)
Question is can you afford to lose the money if this does not happen, and can you afford to WAIT for it to happen, if my view is correct?
Question you need to ask yourself is, can I afford to lose my btc investment? If the answer is no, then you should not be in this game and protect yourself by casing out in case things go badly. No one knows the future.
If the answer is yes, then you can afford to hold until you think is worth casing out and try not to panic sell and just wait to see. I will be holding my coins because :
people talk a lot about what is happening, but i look at market cycles. Unless BTC is fundamentally flawed (we all know its not) or will somehow be killed off (gvnt isnt that organised) then the market will go through these crazy cycles in the first years. Since most of the world does not yet use BTC, then as new markets move in, so do new buyers.
Imagine what the price would be once SAmerica, IndoAsia and AFRICA start jump on board. Since this hasnt happened yet, I think we are still on the bull trend. I think about 1-4% of the world uses BTC or is aware of it now, thats a lot of upside potential...
Anyway, my logic is (while on bull trend) price sets new higher highs followed by higher lows, then higher highs then higher lows etc. So, $1 low to $15 high, then $6 low to $250 high, then $50 low to $1200 high, then $400 (or 300 or 200 take your pick) means a new high of....
as long as, on this next low price happenig now, we dont go below 50$ (the last low before 1200 high) then we are still on bull trend:)
my bet is down to 350 now, then up to 800 by xmas. if Argentina jumps in, then 1500. If we get lucky in the next 8 months and some African nation jumps in, then new high of 2000 is my target:)
Question is can you afford to lose the money if this does not happen, and can you afford to WAIT for it to happen, if my view is correct?
If we assume that there are approximately 1-2 millions of real bitcoin users, the world adoption is just ~0,038%. We have plenty of room to grow when it comes to user base.
You're right, I thought about it afterwards and realised I was being way too generous. But I'd say there are more than 2 mil using it - since many wallet providers already have more than 1mil wallets created. Would be interesting to get stats on how many wallets have more than 0 and how many are active etc
Anyway, you're right, even more potential upside than i thought!
Don't cash out.BTCBTCBTCBTCBTC
In total worth over the past few days, I've lost thousands.
In total loss, I've not lost a cent because I haven't sold.
Take that how you will.
In total loss, I've not lost a cent because I haven't sold.
Take that how you will.
Why can't we all remember HOW long bitcoin rode the $100 train. We thought the value of bitcoin was good at $100. Then we got up to $1000 and we thought it was good. once it got to $500 people thought it was over. That's still FIVE TIMES the value people were happy at months ago.
Well, I shall be holding on to the bitter end, if that's what happening; it's $0 or big money for me, nothing in between 
congrats between the 2 of us we shall own 'ALL THE BITCOIN'
then we will make the big money on our reality TV Show....'Bitcoin Hoarders' and have the last laugh!
I made my bet...I'll live with the consequences.
Searing
In total worth over the past few days, I've lost thousands.
In total loss, I've not lost a cent because I haven't sold.
Take that how you will.
In total loss, I've not lost a cent because I haven't sold.
Take that how you will.
All right already....we will split 'ALL THE BITCOIN' three ways .....sheesh....
Searing
In total worth over the past few days, I've lost thousands.
In total loss, I've not lost a cent because I haven't sold.
Take that how you will.
In total loss, I've not lost a cent because I haven't sold.
Take that how you will.
If you can't cope with a slight correction you shouldn't invest in bitcoin at all. In fact you shouldn't invest in any asset if you can't control your emotions to a reasonable degree.
You should only invest what you can afford to loose.
For me bitcoin is superior money. I don't own much (that may be the reason I feel very relaxed). But from the very beginning I had no intention to exchange bitcoin back to fiat again.
ya.ya.yo!
You should only invest what you can afford to loose.
For me bitcoin is superior money. I don't own much (that may be the reason I feel very relaxed). But from the very beginning I had no intention to exchange bitcoin back to fiat again.
ya.ya.yo!
As others have said, if you panic sell at the first sign of trouble then speculation / trading game is not for you.
Question you need to ask yourself is, can I afford to lose my btc investment? If the answer is no, then you should not be in this game and protect yourself by casing out in case things go badly. No one knows the future.
If the answer is yes, then you can afford to hold until you think is worth casing out and try not to panic sell and just wait to see. I will be holding my coins because :
people talk a lot about what is happening, but i look at market cycles. Unless BTC is fundamentally flawed (we all know its not) or will somehow be killed off (gvnt isnt that organised) then the market will go through these crazy cycles in the first years. Since most of the world does not yet use BTC, then as new markets move in, so do new buyers.
Imagine what the price would be once SAmerica, IndoAsia and AFRICA start jump on board. Since this hasnt happened yet, I think we are still on the bull trend. I think about 1-4% of the world uses BTC or is aware of it now, thats a lot of upside potential...
Anyway, my logic is (while on bull trend) price sets new higher highs followed by higher lows, then higher highs then higher lows etc. So, $1 low to $15 high, then $6 low to $250 high, then $50 low to $1200 high, then $400 (or 300 or 200 take your pick) means a new high of....
as long as, on this next low price happenig now, we dont go below 50$ (the last low before 1200 high) then we are still on bull trend:)
my bet is down to 350 now, then up to 800 by xmas. if Argentina jumps in, then 1500. If we get lucky in the next 8 months and some African nation jumps in, then new high of 2000 is my target:)
Question is can you afford to lose the money if this does not happen, and can you afford to WAIT for it to happen, if my view is correct?
Question you need to ask yourself is, can I afford to lose my btc investment? If the answer is no, then you should not be in this game and protect yourself by casing out in case things go badly. No one knows the future.
If the answer is yes, then you can afford to hold until you think is worth casing out and try not to panic sell and just wait to see. I will be holding my coins because :
people talk a lot about what is happening, but i look at market cycles. Unless BTC is fundamentally flawed (we all know its not) or will somehow be killed off (gvnt isnt that organised) then the market will go through these crazy cycles in the first years. Since most of the world does not yet use BTC, then as new markets move in, so do new buyers.
Imagine what the price would be once SAmerica, IndoAsia and AFRICA start jump on board. Since this hasnt happened yet, I think we are still on the bull trend. I think about 1-4% of the world uses BTC or is aware of it now, thats a lot of upside potential...
Anyway, my logic is (while on bull trend) price sets new higher highs followed by higher lows, then higher highs then higher lows etc. So, $1 low to $15 high, then $6 low to $250 high, then $50 low to $1200 high, then $400 (or 300 or 200 take your pick) means a new high of....
as long as, on this next low price happenig now, we dont go below 50$ (the last low before 1200 high) then we are still on bull trend:)
my bet is down to 350 now, then up to 800 by xmas. if Argentina jumps in, then 1500. If we get lucky in the next 8 months and some African nation jumps in, then new high of 2000 is my target:)
Question is can you afford to lose the money if this does not happen, and can you afford to WAIT for it to happen, if my view is correct?
If we assume that there are approximately 1-2 millions of real bitcoin users, the world adoption is just ~0,038%. We have plenty of room to grow when it comes to user base.
I, personally, hope we won't drop much below $350, because I'm kinda betting on BTC being at least around there early next year. No big deal though, but I would kinda like to pay the capital gains taxes on what I cashed out at around $605 with the coins I have left and not with the fiat I cashed out (so, kinda, drawing out the payment of those taxes every year to the next year until the sum falls below the taxable limit).
Well, whatever. If it drops then I have less money than I thought I had.
Well, whatever. If it drops then I have less money than I thought I had.
Bitcoin is a zero-sum game and you most likely won’t win.
According my predictions, $200~$300 are expected, but it will take a bit time b/c $500, $450, $400 etc. will be tested for several days. I could be wrong of course, but my predictions have always been right so far.
According my predictions, $200~$300 are expected, but it will take a bit time b/c $500, $450, $400 etc. will be tested for several days. I could be wrong of course, but my predictions have always been right so far.
You have any track record to back up your proof for past performance? While I think the correction is not yet over, I wouldn't go as far as calling 200-300 to be the price target.
If we go below the 400, the next stop level will be the 200's or below, according to the graph. It is too soon to panic about that, and I myself think it is not much likely to happen, but it is feasible.
@OP: if you think we going down, them sell and wait the bottom, then we rise again you see what you do. The graphs tell us that the bottom level must be below the 450 levels, but something the graphs may tell us false things, so make your own decision.
I will buy some up at 200 if it ever reach that price within the next 3 months.
Bitcoin is a zero-sum game and you most likely won’t win.
According my predictions, $200~$300 are expected, but it will take a bit time b/c $500, $450, $400 etc. will be tested for several days. I could be wrong of course, but my predictions have always been right so far.
According my predictions, $200~$300 are expected, but it will take a bit time b/c $500, $450, $400 etc. will be tested for several days. I could be wrong of course, but my predictions have always been right so far.
You have any track record to back up your proof for past performance? While I think the correction is not yet over, I wouldn't go as far as calling 200-300 to be the price target.
If we go below the 400, the next stop level will be the 200's or below, according to the graph. It is too soon to panic about that, and I myself think it is not much likely to happen, but it is feasible.
@OP: if you think we going down, them sell and wait the bottom, then we rise again you see what you do. The graphs tell us that the bottom level must be below the 450 levels, but something the graphs may tell us false things, so make your own decision.
BTC already dropped to $490, I say its a little too late to cash out as the down side is really low. You should wait for the next boom...
Bitcoin is a zero-sum game and you most likely won’t win.
According my predictions, $200~$300 are expected, but it will take a bit time b/c $500, $450, $400 etc. will be tested for several days. I could be wrong of course, but my predictions have always been right so far.
According my predictions, $200~$300 are expected, but it will take a bit time b/c $500, $450, $400 etc. will be tested for several days. I could be wrong of course, but my predictions have always been right so far.
You have any track record to back up your proof for past performance? While I think the correction is not yet over, I wouldn't go as far as calling 200-300 to be the price target.
Cash out now, then come back later and re-read this post in 6 months for a nice lesson in perspective.
Already did this 2 months ago.
Not saying bitcoin won't get wider market share, but people holding it may be in for surprise.
Cash out now, then come back later and re-read this post in 6 months for a nice lesson in perspective.
No body knows price of 6 months later, who knows its $100? So just sell what you cannot afford to lose..
Cash out now, then come back later and re-read this post in 6 months for a nice lesson in perspective.
As others have said, if you panic sell at the first sign of trouble then speculation / trading game is not for you.
Question you need to ask yourself is, can I afford to lose my btc investment? If the answer is no, then you should not be in this game and protect yourself by casing out in case things go badly. No one knows the future.
If the answer is yes, then you can afford to hold until you think is worth casing out and try not to panic sell and just wait to see. I will be holding my coins because :
people talk a lot about what is happening, but i look at market cycles. Unless BTC is fundamentally flawed (we all know its not) or will somehow be killed off (gvnt isnt that organised) then the market will go through these crazy cycles in the first years. Since most of the world does not yet use BTC, then as new markets move in, so do new buyers.
Imagine what the price would be once SAmerica, IndoAsia and AFRICA start jump on board. Since this hasnt happened yet, I think we are still on the bull trend. I think about 1-4% of the world uses BTC or is aware of it now, thats a lot of upside potential...
Anyway, my logic is (while on bull trend) price sets new higher highs followed by higher lows, then higher highs then higher lows etc. So, $1 low to $15 high, then $6 low to $250 high, then $50 low to $1200 high, then $400 (or 300 or 200 take your pick) means a new high of....
as long as, on this next low price happenig now, we dont go below 50$ (the last low before 1200 high) then we are still on bull trend:)
my bet is down to 350 now, then up to 800 by xmas. if Argentina jumps in, then 1500. If we get lucky in the next 8 months and some African nation jumps in, then new high of 2000 is my target:)
Question is can you afford to lose the money if this does not happen, and can you afford to WAIT for it to happen, if my view is correct?
Question you need to ask yourself is, can I afford to lose my btc investment? If the answer is no, then you should not be in this game and protect yourself by casing out in case things go badly. No one knows the future.
If the answer is yes, then you can afford to hold until you think is worth casing out and try not to panic sell and just wait to see. I will be holding my coins because :
people talk a lot about what is happening, but i look at market cycles. Unless BTC is fundamentally flawed (we all know its not) or will somehow be killed off (gvnt isnt that organised) then the market will go through these crazy cycles in the first years. Since most of the world does not yet use BTC, then as new markets move in, so do new buyers.
Imagine what the price would be once SAmerica, IndoAsia and AFRICA start jump on board. Since this hasnt happened yet, I think we are still on the bull trend. I think about 1-4% of the world uses BTC or is aware of it now, thats a lot of upside potential...
Anyway, my logic is (while on bull trend) price sets new higher highs followed by higher lows, then higher highs then higher lows etc. So, $1 low to $15 high, then $6 low to $250 high, then $50 low to $1200 high, then $400 (or 300 or 200 take your pick) means a new high of....
as long as, on this next low price happenig now, we dont go below 50$ (the last low before 1200 high) then we are still on bull trend:)
my bet is down to 350 now, then up to 800 by xmas. if Argentina jumps in, then 1500. If we get lucky in the next 8 months and some African nation jumps in, then new high of 2000 is my target:)
Question is can you afford to lose the money if this does not happen, and can you afford to WAIT for it to happen, if my view is correct?
Fuck knows what you should do tbh. Markets are bitches and will always taunt you no matter what you decide. What you might want to take into account is not so much the potential 'woulda should couldas' that may or may not transpire, but your likely psychological states going forward.
Me, I have come out at $535. These latest Bitcoins, I paid $620 for. Generally speaking though, coming out after such a price slide would be a fkn terrible idea. However, I have lost thousands on Bitcoin since 2014. I am sick of it. I thought the market was going to go up, but it went down heavily. I am at my wits end and am utterly sick of Bitcoin and haemorrhaging masses of cash as a result of it, so even though I know I have likely chose a very bad time to exit my position, I am beyond caring. I just wanted to end my investment interest in Bitcoin in order that I can give my mind a rest from it.
I thought that it was likely to break out from ~$600 range, but it didn't, and recent events are making the charts look fucking horrible and there is every chance that $340 was not the low and I will get to come back on this forum and say that I was 'right' all along when I stated that I seen Bitcoin hitting the $200 range before the bear market is over. Of course, there is also the chance that some X-Factor will come into play and ignite a rocket under Bitcoin's arse. I always said that Bitcoiners will really hit the jackpot when/if Bitcoin starts being used as a means of capital flight and/or as a means of emergency circumnavigating fiscal controls and there is certainly a lot of instability in the world at the moment which is increasing all the time. So perhaps in 6 months time, your Bitcoin will be worth $2000! Or perhaps it will be worth just $200. But for me, I have been battered, bruised, and bloodied up enough by Bitcoin, I will take my remaining fiat at it's current value and tap myself out the game and you can be sure, that there will be fair few feeling just like, and indeed feeling 100 times worse than me (thinking specifically of that massive long squeeze on Bitfinex). That is what happens in a bear market, where liquidity is typically leaving the market, there is less and less to go around which results in more and more people getting battered and bruised enough to compel them to withdraw their liquidity from the market, was rinse repeat until the market has bottomed out.....truly bottomed out that is.
I dont think bitcoin trading is for you
Too late to cash out.
Hold and come back in 2-3 years
Hold and come back in 2-3 years
WTF man. If you think is a bear market just sell.
You're worried, i think you should cash it out.
But i have faith in it, so i would just hodl it
But i have faith in it, so i would just hodl it
Well, I shall be holding on to the bitter end, if that's what happening; it's $0 or big money for me, nothing in between
Bitcoin is a zero-sum game and you most likely won’t win.
According my predictions, $200~$300 are expected, but it will take a bit time b/c $500, $450, $400 etc. will be tested for several days. I could be wrong of course, but my predictions have always been right so far.
According my predictions, $200~$300 are expected, but it will take a bit time b/c $500, $450, $400 etc. will be tested for several days. I could be wrong of course, but my predictions have always been right so far.
Buy low and sell high, not buy high and sell low. So its time to buy...
You should cash out if you're that worried about it. Follow in the footsteps of Veronica.
I think you should just slit your throat to shut the fuck up permanently you retarded broke shit https://blockchain.info/address/16ukNx6E8HX18faFRhV6YB8NpoEhX6rAFT.
That's not even my wallet lol, is it yours? But I can see you're overemotional and projecting your own fears and frustrations unto others, so you're probably over-invested and becoming mentally unstable because of this. Bitcoin is not for the stupid, get out now and come back when it is ready for the masses.
Wow!!!!!!
I think you should just slit your throat to shut the fuck up permanently you retarded broke shit https://blockchain.info/address/16ukNx6E8HX18faFRhV6YB8NpoEhX6rAFT.
I am beyond caring. I just wanted to end my investment interest in Bitcoin in order that I can give my mind a rest from it.
I feel sorry for you Mat, that you just can't simple buy and hold and understand the potential long term value of the Bitcoin payment network. If you need those dollars to buy food, than please enjoy the dinner. But otherwise, are you now going to stare to those dollars on your bank account / dividend stocks?
I would be more than happy to long term hold and return the BTC's to the Mat's and Veronica's that seem to panic with every short term move in dollar price.
You should cash out if you're that worried about it. Follow in the footsteps of Veronica.
I think you should just slit your throat to shut the fuck up permanently you retarded broke shit https://blockchain.info/address/16ukNx6E8HX18faFRhV6YB8NpoEhX6rAFT.
That's not even my wallet lol, is it yours? But I can see you're overemotional and projecting your own fears and frustrations unto others, so you're probably over-invested and becoming mentally unstable because of this. Bitcoin is not for the stupid, get out now and come back when it is ready for the masses.
My bitcoin has dropped by 170$ within the past 1.5 weeks, from the recent days the price of bitcoin has not looked good at all. I'm now very worried and skeptical as to whether i should cash out or wait for it to hit at least 600 before cashing out.
IMO i think bitcoin is going to pummel right down and anyone thinking it will hit 1000$ is completely out of their mind, i laughed pretty hard at the speculation of btc hitting 10,000$ within the end of this year.
My bet is that by the end of 2014 it will be down to 50-70$ which will suck big time.
Tell me if you think it will go up or down and when and why.
IMO i think bitcoin is going to pummel right down and anyone thinking it will hit 1000$ is completely out of their mind, i laughed pretty hard at the speculation of btc hitting 10,000$ within the end of this year.
My bet is that by the end of 2014 it will be down to 50-70$ which will suck big time.
Tell me if you think it will go up or down and when and why.
We'll IF YOU really believe Bitcoin is going busy, you should cash out. I think that's an easy thing. But remember that people used to think this during all the bubbles and fluctuations we had before. If Bitcoin really has a future, it won't go down endlessly because there are always people willing to pay what they think may be considered a bargain in the future!
But definitely make up your own mind and don't blindly listen to strangers on the Web!
Trend is going up today. Weak hand got shaken out yesterday.
I agree with what others have said. If you really think bitcoin is going to tank to 50$ then yes you should obviously sell before you take more loses. When the downtrend started I sold my 10 coins at 551$ with an average buy price of 530. I looked at it that I was protecting my 5k+ investment and planned on buying later at a lower price. I too have been disappointed with what has been happening, I had an average buy of 450 but then I bought some more in the 500s and 2 in the low 600s which took my average buy price out of the 400s.
So I'm hoping to buy lower, but I speculate that bitcoin will go back up. (I'm actually thinking of buying at 520$ it is at right now at the time of this post but I think it will go down a little further)
So I'm hoping to buy lower, but I speculate that bitcoin will go back up. (I'm actually thinking of buying at 520$ it is at right now at the time of this post but I think it will go down a little further)
You should cash out if you're that worried about it. Follow in the footsteps of Veronica.
I think you should just slit your throat to shut the fuck up permanently you retarded broke shit https://blockchain.info/address/16ukNx6E8HX18faFRhV6YB8NpoEhX6rAFT.
My bitcoin has dropped by 170$ within the past 1.5 weeks, from the recent days the price of bitcoin has not looked good at all. I'm now very worried and skeptical as to whether i should cash out or wait for it to hit at least 600 before cashing out.
IMO i think bitcoin is going to pummel right down and anyone thinking it will hit 1000$ is completely out of their mind, i laughed pretty hard at the speculation of btc hitting 10,000$ within the end of this year.
My bet is that by the end of 2014 it will be down to 50-70$ which will suck big time.
Tell me if you think it will go up or down and when and why.
IMO i think bitcoin is going to pummel right down and anyone thinking it will hit 1000$ is completely out of their mind, i laughed pretty hard at the speculation of btc hitting 10,000$ within the end of this year.
My bet is that by the end of 2014 it will be down to 50-70$ which will suck big time.
Tell me if you think it will go up or down and when and why.
Do you really think that the value will drop to 50-70$?
That's impossible, only a terrific news could result in such a crash, like maybe a successful 51% attack.
This sounds a lot like trolling to me. Especially considering the fact that your account has few posts and is very new (and your forum name). All you have said is nothing more then speculation that is not backed by any amount of evidence, solid or not.
There's no need to cash out, Turn off your pc and wait a couple of years = profit
You should just relax and hold your bitcoin investment longterm, playing the market will cause only losses to you.
don't cash out, BTC is a long term investment. you shouldn't stalk the price everyday
Doubt anyone is here just for the technology. Everyone is trying to become a millionaire over night.
don't cash out, BTC is a long term investment. you shouldn't stalk the price everyday
My bitcoin has dropped
if you sell it, you can't call it "My bitcoin" anymore, just saying...
It's funny that the worst troll in this forum is the only one who agrees with you.
I took him off ignore just long enough to read his rambling post of self pity, bumbling incompetence and self-centered negativity.
Go right ahead and listen to this self-admitted loser of thousands if you wish. Sigh.
I took him off ignore just long enough to read his rambling post of self pity, bumbling incompetence and self-centered negativity.
Go right ahead and listen to this self-admitted loser of thousands if you wish. Sigh.
I think you should just slit your throat to shut the fuck up permanently you retarded broke shit https://blockchain.info/address/16ukNx6E8HX18faFRhV6YB8NpoEhX6rAFT.
Well said!
Fuck knows what you should do tbh. Markets are bitches and will always taunt you no matter what you decide. What you might want to take into account is not so much the potential 'woulda should couldas' that may or may not transpire, but your likely psychological states going forward.
Me, I have come out at $535. These latest Bitcoins, I paid $620 for. Generally speaking though, coming out after such a price slide would be a fkn terrible idea. However, I have lost thousands on Bitcoin since 2014. I am sick of it. I thought the market was going to go up, but it went down heavily. I am at my wits end and am utterly sick of Bitcoin and haemorrhaging masses of cash as a result of it, so even though I know I have likely chose a very bad time to exit my position, I am beyond caring. I just wanted to end my investment interest in Bitcoin in order that I can give my mind a rest from it.
I thought that it was likely to break out from ~$600 range, but it didn't, and recent events are making the charts look fucking horrible and there is every chance that $340 was not the low and I will get to come back on this forum and say that I was 'right' all along when I stated that I seen Bitcoin hitting the $200 range before the bear market is over. Of course, there is also the chance that some X-Factor will come into play and ignite a rocket under Bitcoin's arse. I always said that Bitcoiners will really hit the jackpot when/if Bitcoin starts being used as a means of capital flight and/or as a means of emergency circumnavigating fiscal controls and there is certainly a lot of instability in the world at the moment which is increasing all the time. So perhaps in 6 months time, your Bitcoin will be worth $2000! Or perhaps it will be worth just $200. But for me, I have been battered, bruised, and bloodied up enough by Bitcoin, I will take my remaining fiat at it's current value and tap myself out the game and you can be sure, that there will be fair few feeling just like, and indeed feeling 100 times worse than me (thinking specifically of that massive long squeeze on Bitfinex). That is what happens in a bear market, where liquidity is typically leaving the market, there is less and less to go around which results in more and more people getting battered and bruised enough to compel them to withdraw their liquidity from the market, was rinse repeat until the market has bottomed out.....truly bottomed out that is.
You seem very sure that bitcoin will plummet. So the question is what are you still doing here? 
lol says the guy with 800$ in his wallet placing his btc address begging for donations, you must be so rich!
You probably should stop posting ridiculous crap before you embarrass yourself even further.
Do you really think he only has one wallet? Being a clueless noob, you might not be aware that most people have many wallets, both active online and cold paper wallets.
The fact that he can afford to keep over a coin in his donation wallet (akin to a busker putting a $10 bill in his own guitar case or a beggar putting a $5 bill in his own tin cup to start things rolling) speaks well for his solvency.
I think you should just slit your throat to shut the fuck up permanently you retarded broke shit https://blockchain.info/address/16ukNx6E8HX18faFRhV6YB8NpoEhX6rAFT.
far from broke you ignorant little kid.
what you have here is my online wallet that i use for other stuff
if you have to ask wether or not to cash out when i dont think you should be investing.
what you have here is my online wallet that i use for other stuff
if you have to ask wether or not to cash out when i dont think you should be investing.
lol says the guy with 800$ in his wallet placing his btc address begging for donations, you must be so rich!. lmfao.
Who tells you i'm investing? I'm not lol, i didn't buy these coins, it was in return for a service.
sig campains...
Nice username. Anyways, if you're constantly going to be worrying and you aren't comfortable with these fluctuating prices, maybe you should cash out. You can't invest in bitcoin with that mindset.
I think you should just slit your throat to shut the fuck up permanently you retarded broke shit https://blockchain.info/address/16ukNx6E8HX18faFRhV6YB8NpoEhX6rAFT.
far from broke you ignorant little kid.
what you have here is my online wallet that i use for other stuff
if you have to ask wether or not to cash out when i dont think you should be investing.
what you have here is my online wallet that i use for other stuff
if you have to ask wether or not to cash out when i dont think you should be investing.
lol says the guy with 800$ in his wallet placing his btc address begging for donations, you must be so rich!. lmfao.
I laughed pretty hard at the 50-20$ transactions with ur l33t wallet, u must be a millionaire, you clown.
Who tells you i'm investing? I'm not lol, i didn't buy these coins, it was in return for a service.
I think you should just slit your throat to shut the fuck up permanently you retarded broke shit https://blockchain.info/address/16ukNx6E8HX18faFRhV6YB8NpoEhX6rAFT.
I think you should just slit your throat to shut the fuck up permanently you retarded broke shit https://blockchain.info/address/16ukNx6E8HX18faFRhV6YB8NpoEhX6rAFT.
[/quote]
far from broke you ignorant little kid.
what you have here is my online wallet that i use for other stuff
if you have to ask wether or not to cash out when i dont think you should be investing.
Tell me if you think it will go up or down and when and why.
Up.
When? Soon, probably within the next few years.
Why? It represents a major disruptive technological breakthrough and a new value transfer paradigm that is faster, more secure and cheaper than existing systems.
______
I hope that answers your questions. Since you've whetted my curiosity, I have a few for you.
Have you even read Satoshi Nakamoto's white paper?
Do you understand (even slightly) proof-of-work, avoidance of trusted third parties, or SHA-256 hashing?
Do you even consider the technological significance of Bitcoin or do you view it as merely some silly little "investment"/speculation commodity like shares of companies, tulip bulbs, or condominiums?
Do you always start threads in forums about subjects of which you seem to know nothing?
My bitcoin has dropped by 170$ within the past 1.5 weeks, from the recent days the price of bitcoin has not looked good at all. I'm now very worried and skeptical as to whether i should cash out or wait for it to hit at least 600 before cashing out.
IMO i think bitcoin is going to pummel right down and anyone thinking it will hit 1000$ is completely out of their mind, i laughed pretty hard at the speculation of btc hitting 10,000$ within the end of this year.
My bet is that by the end of 2014 it will be down to 50-70$ which will suck big time.
Tell me if you think it will go up or down and when and why.
IMO i think bitcoin is going to pummel right down and anyone thinking it will hit 1000$ is completely out of their mind, i laughed pretty hard at the speculation of btc hitting 10,000$ within the end of this year.
My bet is that by the end of 2014 it will be down to 50-70$ which will suck big time.
Tell me if you think it will go up or down and when and why.
ill take that bet. hows 1 btc sound?
"should i cash out or not?"
"My bet is that by the end of 2014 it will be down to 50-70$"
if you honestly feel that negatively about the price of bitcoin, then you already answered your own question
"My bet is that by the end of 2014 it will be down to 50-70$"
if you honestly feel that negatively about the price of bitcoin, then you already answered your own question
My bitcoin has dropped by 170$ within the past 1.5 weeks, from the recent days the price of bitcoin has not looked good at all. I'm now very worried and skeptical as to whether i should cash out or wait for it to hit at least 600 before cashing out.
IMO i think bitcoin is going to pummel right down and anyone thinking it will hit 1000$ is completely out of their mind, i laughed pretty hard at the speculation of btc hitting 10,000$ within the end of this year.
My bet is that by the end of 2014 it will be down to 50-70$ which will suck big time.
Tell me if you think it will go up or down and when and why.
IMO i think bitcoin is going to pummel right down and anyone thinking it will hit 1000$ is completely out of their mind, i laughed pretty hard at the speculation of btc hitting 10,000$ within the end of this year.
My bet is that by the end of 2014 it will be down to 50-70$ which will suck big time.
Tell me if you think it will go up or down and when and why.
what do you mean by 170$ ?? did you buy at 670 or what? or you own several coins and the net loss is 170$? well anyway thats not too much, if you expect a straight and steady line up in the bitcoin charts you are very wrong, sell now!
If you think it is going down, you should sell. If you think you can wait and see $600, you should wait. If you think you can wait for an even higher price, and your trading horizon allows for it, maybe you can still make the trade profitable.
In other news, this post is a great signal that the bottom is within sight.
In other news, this post is a great signal that the bottom is within sight.
I think you should just slit your throat to shut the fuck up permanently you retarded broke shit.
I think you may have skipped a couple steps...
If this community could accurately predict short-term price, we'd already be there. You're wasting your time asking.
You'd do better to flip a coin and at least have a unanimous decision on whether or not you should sell.
You'd do better to flip a coin and at least have a unanimous decision on whether or not you should sell.
You should cash out if you're that worried about it. Follow in the footsteps of Veronica.
I think you should just slit your throat to shut the fuck up permanently you retarded broke shit https://blockchain.info/address/16ukNx6E8HX18faFRhV6YB8NpoEhX6rAFT.
You should cash out if you're that worried about it. Follow in the footsteps of Veronica.
In other words don't go full Veronica or you will just feel it later
Unless you want to sell now and bet for $420 a bitcoin before the next rally
Other wise HODL
https://www.youtube.com/watch?v=NG1qooBzE2w
You should cash out if you're that worried about it. Follow in the footsteps of Veronica.
I think you should jump off the roof.
My bitcoin has dropped by 170$ within the past 1.5 weeks, from the recent days the price of bitcoin has not looked good at all. I'm now very worried and skeptical as to whether i should cash out or wait for it to hit at least 600 before cashing out.
IMO i think bitcoin is going to pummel right down and anyone thinking it will hit 1000$ is completely out of their mind, i laughed pretty hard at the speculation of btc hitting 10,000$ within the end of this year.
My bet is that by the end of 2014 it will be down to 50-70$ which will suck big time.
Tell me if you think it will go up or down and when and why.
IMO i think bitcoin is going to pummel right down and anyone thinking it will hit 1000$ is completely out of their mind, i laughed pretty hard at the speculation of btc hitting 10,000$ within the end of this year.
My bet is that by the end of 2014 it will be down to 50-70$ which will suck big time.
Tell me if you think it will go up or down and when and why.
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