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Topic: Time to sell? (Read 2569 times)

legendary
Activity: 1473
Merit: 1086
August 12, 2014, 11:06:01 AM
#22
A little over a year ago I purchased $5000 worth of coins at about $15/btc as a short-term investment. I have watched it significantly rise and drop in that time. If I am not mistaken, the price per coin currently is about $31 or so.

Lately, I have not been as involved in the bitcoin community as I would like to be, so please forgive me if this is a stupid or repeat question:

Is this price real? Can I sell today and double my investment? Should I sell? Should I hold on and hope that it skyrockets? What is YOUR speculation? I am interested to hear.

Any thoughts or opinions would be more than appreciated!

I think you need to make up your mind on where you see Bitcoin in the future. Don't listen to people on the internet! In my opinion (make up your own mind) you could be well off selling a certain amount of that stash. To maybe recoup those $5000 or more, or less. But It'd definitely keep at least some BTC in a safe place!

lol, just look at the date and the bitcoin price.. are you actually reading the topics or is it just spam to get more btc for your posts?

I really dont like how spammy and full of nonsense this forum turned, considering that half of the users are "farming" posts. Especially when 2 or more users with primedice signatures start to "talk" with each other, while quoting the other one and writing just one sentence.

Enough of ranting for now.

Personally i really love to read these "old" threads, it shows how little the mind changed in a lot of users. I just hope that people learn from the mistakes that were made in the past. (Hint: Don't sell your coins! Smiley)
sr. member
Activity: 350
Merit: 250
Honest 80s business!
August 12, 2014, 08:25:48 AM
#21
A little over a year ago I purchased $5000 worth of coins at about $15/btc as a short-term investment. I have watched it significantly rise and drop in that time. If I am not mistaken, the price per coin currently is about $31 or so.

Lately, I have not been as involved in the bitcoin community as I would like to be, so please forgive me if this is a stupid or repeat question:

Is this price real? Can I sell today and double my investment? Should I sell? Should I hold on and hope that it skyrockets? What is YOUR speculation? I am interested to hear.

Any thoughts or opinions would be more than appreciated!

Holy moley this thread is already 1.5 years old! Really, for Bitcoin this is an eternity! I hope you sold only parts of your stash and are still sitting on most of it or at least sold your coins at one of the peaks in 2013!!!
sr. member
Activity: 280
Merit: 250
Relax!
August 12, 2014, 08:10:43 AM
#20
Freaking 2013!!! Yeay!!!! It's like saying that it's a century old!!!  Cheesy

Hahha, in the Bitcoin World this is a millennium, to be honest Cheesy Man, times are moving at the speed of light in this world. The difficulty nowadays is sooo incdredibly high, you can't even mine at home anymore.
legendary
Activity: 854
Merit: 1000
August 12, 2014, 08:04:39 AM
#19
Freaking 2013!!! Yeay!!!! It's like saying that it's a century old!!!  Cheesy
sr. member
Activity: 280
Merit: 250
Relax!
August 12, 2014, 08:01:27 AM
#18
A little over a year ago I purchased $5000 worth of coins at about $15/btc as a short-term investment. I have watched it significantly rise and drop in that time. If I am not mistaken, the price per coin currently is about $31 or so.

Lately, I have not been as involved in the bitcoin community as I would like to be, so please forgive me if this is a stupid or repeat question:

Is this price real? Can I sell today and double my investment? Should I sell? Should I hold on and hope that it skyrockets? What is YOUR speculation? I am interested to hear.

Any thoughts or opinions would be more than appreciated!

I think you need to make up your mind on where you see Bitcoin in the future. Don't listen to people on the internet! In my opinion (make up your own mind) you could be well off selling a certain amount of that stash. To maybe recoup those $5000 or more, or less. But It'd definitely keep at least some BTC in a safe place!

Hahaha, hell that post is from freaking 2013, man! I guess he already sold or stayed in the game by now Cheesy Man, incredible how fearful people used to be and they didn't know the price would go this high, man!
full member
Activity: 210
Merit: 100
August 12, 2014, 06:12:34 AM
#17
A little over a year ago I purchased $5000 worth of coins at about $15/btc as a short-term investment. I have watched it significantly rise and drop in that time. If I am not mistaken, the price per coin currently is about $31 or so.

Lately, I have not been as involved in the bitcoin community as I would like to be, so please forgive me if this is a stupid or repeat question:

Is this price real? Can I sell today and double my investment? Should I sell? Should I hold on and hope that it skyrockets? What is YOUR speculation? I am interested to hear.

Any thoughts or opinions would be more than appreciated!

I think you need to make up your mind on where you see Bitcoin in the future. Don't listen to people on the internet! In my opinion (make up your own mind) you could be well off selling a certain amount of that stash. To maybe recoup those $5000 or more, or less. But It'd definitely keep at least some BTC in a safe place!
hero member
Activity: 910
Merit: 509
August 12, 2014, 05:15:53 AM
#16
If the OP did indeed sell his 333 BTC in Feb 2013, then let this be a lesson to every bitcoin holder:

If he had held to today, his $5000 initial investment would now be worth ~$193,000.  You never know what is going to happen and when.
Of course, if he sold at the peak, it would be worth more than double that.

If....if....if....shouldn't waste time on that. If you could predict the future with absolute certainty, $193K would be small change.
hero member
Activity: 601
Merit: 503
August 11, 2014, 04:38:47 PM
#15
most of us made the mistake one time and sold BTC. New people will make the mistake too.

But they will learn after this mistake and never sell again.
sr. member
Activity: 644
Merit: 260
August 11, 2014, 04:27:48 PM
#14
If the OP did indeed sell his 333 BTC in Feb 2013, then let this be a lesson to every bitcoin holder:

If he had held to today, his $5000 initial investment would now be worth ~$193,000.  You never know what is going to happen and when.

Probably he sold all his bitcoins because he disappeared from the forum, definitely that wasn't a smart decision...
full member
Activity: 210
Merit: 100
Invest & Earn: https://cloudthink.io
August 11, 2014, 02:28:21 PM
#13
If the OP did indeed sell his 333 BTC in Feb 2013, then let this be a lesson to every bitcoin holder:

If he had held to today, his $5000 initial investment would now be worth ~$193,000.  You never know what is going to happen and when.

but if he would sell at right time could be 350.000 USD.
newbie
Activity: 42
Merit: 0
August 11, 2014, 01:36:50 PM
#12
Now it's time to buy and hold, we are near to the start of the bubble, maybe one or two months to go.
legendary
Activity: 3710
Merit: 5286
August 11, 2014, 01:21:35 PM
#11
If the OP did indeed sell his 333 BTC in Feb 2013, then let this be a lesson to every bitcoin holder:

If he had held to today, his $5000 initial investment would now be worth ~$193,000.  You never know what is going to happen and when.
hero member
Activity: 898
Merit: 1000
August 11, 2014, 01:15:55 PM
#10
Market = boring at the moment...

Care to join me as I reminisce on some post from earlier days?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
February 22, 2013, 06:19:21 PM
#9
Is this price real?
Nope!

Can I sell today and double my investment?
Fuck Ya!

Should I sell?
Only if you want to double my investment...
legendary
Activity: 2506
Merit: 1010
February 22, 2013, 06:16:54 PM
#8
Can I sell today and double my investment?

Are you asking if you were to sell today you would be able to find buyers for 333 BTC  ($5K worth at $15)?

If so, yes, ... the market can absorb that all at once, and you would get just over $10K ... calculated using 333 BTC X $30.50 X .994 (assuming a 0.6% exchange fee).

Thus yes, that would allow you to sell it all today and double your investment.
legendary
Activity: 1064
Merit: 1001
February 22, 2013, 06:15:05 PM
#7
Sell half your coin to get back the initial $15k and neutralize your investment.

Let the other half ride.

Hedging FTW Smiley
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
February 22, 2013, 06:14:15 PM
#6
Early this morning, I sold...

750 mBTC. Grin
legendary
Activity: 938
Merit: 1000
What's a GPU?
February 22, 2013, 06:11:47 PM
#5
If this is money that you could forget about, I would definitely consider holding on. Once Bitcoin is more widely adopted it should be worth much more than it is now. Smiley
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
February 22, 2013, 06:10:19 PM
#4
A little over a year ago I purchased $5000 worth of coins at about $15/btc as a short-term investment. I have watched it significantly rise and drop in that time. If I am not mistaken, the price per coin currently is about $31 or so.

Lately, I have not been as involved in the bitcoin community as I would like to be, so please forgive me if this is a stupid or repeat question:

Is this price real? Can I sell today and double my investment? Should I sell? Should I hold on and hope that it skyrockets? What is YOUR speculation? I am interested to hear.

Any thoughts or opinions would be more than appreciated!

Sell half, thus taking out all the money you put in, let the other half keep growing.
hero member
Activity: 898
Merit: 1000
February 22, 2013, 06:08:10 PM
#3
The bulls are hoping for a media storm if (when) the price breaks the all time high. It might be worth holding out just a little longer to see what happens...
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