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Topic: Sold all my BTC@ $94 each - page 3. (Read 6978 times)

hero member
Activity: 714
Merit: 500
Coin Generator
April 01, 2013, 09:10:55 AM
#36
Congratulations on the worst trade of your life. Should have kept 2.1 BTC for "retirement fund".


I still hae 15BTC left.

So you lied in the title. Everyone abandon thread OP lied.



not really I dug around and found some coins laying around Smiley
legendary
Activity: 1176
Merit: 1010
Borsche
April 01, 2013, 09:10:21 AM
#35
We all missed something in the OP - congratulate the poster on his extreme bravery. He needs money to pay the bills - meaning, *all* of his money was in bitcoin. Not something many of us here have the balls to do Smiley
hero member
Activity: 728
Merit: 500
April 01, 2013, 09:06:28 AM
#34
Congratulations on the worst trade of your life. Should have kept 2.1 BTC for "retirement fund".


I still hae 15BTC left.

So you lied in the title. Everyone abandon thread OP lied.

donator
Activity: 294
Merit: 250
April 01, 2013, 09:06:13 AM
#33
It will likely break $100 tomorrow/tuesday, and $1000 by the end of the year.

I'm quoting you on this Wink


Thanks.   Grin  Grin  Grin
hero member
Activity: 714
Merit: 500
Coin Generator
April 01, 2013, 08:58:52 AM
#32
Congratulations on the worst trade of your life. Should have kept 2.1 BTC for "retirement fund".


I still hae 15BTC left.
legendary
Activity: 1001
Merit: 1005
April 01, 2013, 08:14:37 AM
#31
I refuse to believe that you sold all your bitcoins.

But just in case you did:

legendary
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
April 01, 2013, 07:35:16 AM
#30
With ops luck ... 100 in 5 min! Ladies and gentlemen, please hold on to anything!!




hero member
Activity: 728
Merit: 500
April 01, 2013, 07:33:17 AM
#29
You're just going to be one of those threads that people keep coming back to like this one: https://bitcointalksearch.org/topic/why-i-sold-my-bitcoins-144586

Poor guy said he sold at 28 saying bitcoins were way overpriced.
legendary
Activity: 1106
Merit: 1001
April 01, 2013, 07:21:02 AM
#28
What is this "selling BTC" you speak of?  Grin
hero member
Activity: 700
Merit: 500
April 01, 2013, 07:18:19 AM
#27
Probably the biggest mistake you have made, and will ever make, in your entire life. Just like when I sold tons <$10.

Welcome to the dark side of Bitcoin.
hero member
Activity: 686
Merit: 501
TokenUnion-Get Rewarded for Holding Crypto
April 01, 2013, 07:14:35 AM
#26
It will likely break $100 tomorrow/tuesday, and $1000 by the end of the year.


Want to bet?

http://betsofbitco.in/item?id=1402
legendary
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
April 01, 2013, 07:07:00 AM
#25
its going down right now! @ 98!!
hero member
Activity: 784
Merit: 506
April 01, 2013, 05:40:40 AM
#24
Did I make a mistake? How much is bitcoin expected to go up in a week? Month? I do need the money to pay bills ...
If you need the money to pay the bills then how is it a mistake and why is it even a question?!

If you have chosen to get out now having held on for some time whilst nervous of the price going down then well done Smiley  You have done well and have now departed making it that much easier for others to get in the game.  If Bitcoin was for you just a fun thing to do for a while to help subsidise your time in college then good for you (assuming it was not against the terms of your college to use their electricity for your gain).  You were lucky to have done it at the period you did.  If you've sold all now then I guess you're not seeing the bigger picture which is fine.  I'll wish you the best with your future Smiley

Unless you're upgrading to ASICs chances are you're unlikely to be mining very much for much longer so maybe it would be an idea to expect no more fiat from the sale of Bitcoin and just keep the remainder that you get from mining for the long term - just in case the price continues to go parabolic.
legendary
Activity: 1512
Merit: 1000
@theshmadz
April 01, 2013, 02:37:51 AM
#23
as a fellow miner, I sold way too much, at way too cheap over the last couple years.

normally I would sell on the way up, to pay the bills, and put aside some to buy on the dips...

Man, I miss those dips.

I don't have any fancy charts or TA or anything, but I have a feeling that we'll take a breather at the +/- 100 level, but after that, we could see another steep rise.

This deal in Cypress is more serious than I thought. I think this is just the beginning.

*totally ridiculous prediction? 200 before the end of April*



:edit: forgot to mention, taking profit is a good thing, it's a necessary thing, and $94 is a pretty good haul... BUT, I have adopted the strategy of selling half, and keeping half.

this way, I can still pay the bills, and I've recouped my initial investment. Yet, I have a little skin in the game just in case this thing really takes off.
legendary
Activity: 1176
Merit: 1010
Borsche
April 01, 2013, 02:32:53 AM
#22
Someone has to sell, otherwise we'll shoot straight up, not healthy. So - thanks.
legendary
Activity: 2101
Merit: 1061
April 01, 2013, 02:24:50 AM
#21
In the short term I'm thinking bitcoins will probably keep going up,might be hard to continue sitting on the sidelines if you are missing some big moves up in price. However I'm thinking the price will fall down hard at some point. Only time will tell if you were right to sell now or not. I'm holding mine for now.
hero member
Activity: 728
Merit: 500
April 01, 2013, 02:19:14 AM
#20
I NEVER bought any BTC. I mined everything Smiley

Someone paid for your bitcoins. The hardware and electricity was not free.

Electricity was free (college). I flipped my Hardware until it was free.

Which means that someone paid for your bitcoins.
hero member
Activity: 699
Merit: 500
Your Minion
April 01, 2013, 02:10:19 AM
#19
Don't neglect bills based on speculation. You didn't make a mistake, you were responsible and reasonable -- the latter of which tends to be lacking on these boards at times.

  Cheesy There's nothing like government restriction/control inflating price.
full member
Activity: 182
Merit: 106
April 01, 2013, 02:08:30 AM
#18
Don't neglect bills based on speculation. You didn't make a mistake, you were responsible and reasonable -- the latter of which tends to be lacking on these boards at times.
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
April 01, 2013, 02:00:11 AM
#17
Did I make a mistake? How much is bitcoin expected to go up in a week? Month? I do need the money to pay bills ...

They are almost assuredly going over 100 by Thursday. Personally, I would buy back whatever % you are comfortable keeping in because once that barrier is crossed, its going to spike again.
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