Author

Topic: So who here sold at $50? lol...come on admit it. (Read 1496 times)

legendary
Activity: 966
Merit: 1001
Energy is Wealth
People sell BTC regularly dont matter the price on the day, they are only interested to get cash for the coins. Extreme cheap operating cost makes this possible. you have to remember that not everybody pays the same price for energy. if u think u brought a cheap coin at x price think again.
b!z
legendary
Activity: 1582
Merit: 1010
I'm sorry smoothie.
sr. member
Activity: 308
Merit: 250
I sold half at 55 because of panic. I didn't sell during the initial crash.. or the yo yoing.. or any of that. But I was tired of missing out on all the swings. Well it went up 40% less than 24 hours after I sold.

Sounds like you have my luck, sir. That is why I decided to just hold. Every time I try to do anything but, I get gox'd.
newbie
Activity: 49
Merit: 0
hold that shit for a year if you have to! 
   (you could still break a small percentage off for swing trading, like 10%, initially for a loss, do just a couple trades a day maximum... to occupy your time).

I think my biggest problem below $88/BTC is this:  If I sell now, that sends a message to my family and friends that I've told about bitcoin.  I told them I believe in this cryptocurrency... and yes, I still do believe it will succeed.  I believe that WE THE PEOPLE will succeed. I believe Thomas Jefferson, Andrew Jackson and many others would have wanted us to succeed.   But if we all start compromising our beliefs and goals in exchange for dollars, then we've essentially become greedy hypocrite sell-outs.  If I sold during a crash or far below mean avg, while telling the public how much I love bitcoins, and that I'm in it for the long term security of the network.... what kind of asshole would I be?  Probably a pink flaming one.  =)  hahaha



 
full member
Activity: 280
Merit: 102
I bought during the "bull trap" from $100 to $130. I suppose it could be worse.  Cheesy
sr. member
Activity: 353
Merit: 250
bought some at 200.. does that count as well?
sr. member
Activity: 364
Merit: 250
Cheesy

i was getting close to panic sell all the coins.

but then i bought.


the "reasoning" was: if i sell now and its going down completly, i am out with no cash lost at all, but no btc left. if i stay in and it crashes i have lost cash. if i sell and it goes up again i ´ll lose btc. no way.


I first cleared all of my capital investment at 32, leaving 1/2 my btc.  I sold 5% at 50's, 80's, 150's, 240's.  Now i'm using that to by back in.
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
Not considering "selling" - really, buying fiat - till four digits, and even then, I retain the direct BTC use preference (i.e. buy tangible goods without converting to fiat as much as possible). That being said, if I really want to buy a tangible product for BTC and can help a BTC retailer, I spend BTC regardless of the exchange rate. It's just that a higher exchange rate means I can buy more expensive stuff more cheaply. Smiley
sr. member
Activity: 434
Merit: 250
I sold at $56 to buy cheaper later. Burned.
legendary
Activity: 2338
Merit: 2106
Cheesy

i was getting close to panic sell all the coins.

but then i bought.


the "reasoning" was: if i sell now and its going down completly, i am out with no cash lost at all, but no btc left. if i stay in and it crashes i have lost cash. if i sell and it goes up again i ´ll lose btc. no way.
sr. member
Activity: 294
Merit: 250
I sold half at 55 because of panic. I didn't sell during the initial crash.. or the yo yoing.. or any of that. But I was tired of missing out on all the swings. Well it went up 40% less than 24 hours after I sold.
hero member
Activity: 574
Merit: 500
I sold at 60...
legendary
Activity: 1078
Merit: 1003
Let this be a lesson to the non-believers.  Tongue
full member
Activity: 196
Merit: 100
I bought. But sold at 27$.  Grin  Grin  Grin  Grin  Grin  Grin
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
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