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BTC is still here... and the future is even brighter and BTC is even stronger... (only a blind man cannot see this)
So therefore, for me , now is not the time to sell....
...
Horribly faulty logic. BTC may be "even stronger," but its exchange rate is lower than it once was. If the exchange rate continues on its downward trend, it's smart to sell, regardless of Bitcoin's eventual success.
Right... ok if that works for you, it works for you.
I am very happy with my decision, and it has worked very well for me... I am perfectly happy, the only thing I have done wrong is not buy more in the $75 region...
"If the exchange rate continues" there is only one thing the exchange rate will continue to do.... and that is go up, and go down, and sideways and down and up etc etc
That's what most of us are here to cash in on--volatility. Some of us make good calls, some bad. Some, like you, claiming they don't make any calls, are indifferent to price volatility, and simply hodl no matter what. For me, this begs the question: What are they doing here? Trolling? Propagandizing?
If you are playing this long term, as I am, and do not really care for spending the time or the stress or the risk, playing games to increase your BTC stash, then there is nothing wrong with my "horrible logic" it might not fit into your way of thinking, or your plan, risk tolerance, long term goals, views , financial situation/needs, lifestyle, etc but that is fine, that is why you are one individual and I another.
I'm glad that you are happy with your choice. It's the logic you used to back up your decision that's flawed. If, like many of us, your goal is to make BTC, you're doing it wrong. If your goal is to make fiat? Still doing it wrong.
This is the speculation subforum, peopled by traders--speculators. If you are indifferent to short-term price fluctuations, my guess is you're just in the wrong place. Not bitching about you being off-topic, that's fine with me, as long as you understand that you are off-topic. This is about BTC price, not eventual success or failure of Bitcoin.
TL;DR: Knowing that Bitcoin will succeed is neat, but doesn't help me make money.
inb4 "selfish greedy etc., etc": Speculation forum about money.
WTF?
A poster can still be a buyer and holder and still meaningfully participate in this speculation thread. You, NotLambChops, are trying to define which points of view are more relevant to this thread as if the thread's design and purpose is ONLY trading.. to attempt to profit on the ups and the downs. Your viewpoint in this regard, if it is real, is quite wrong.
Second: there are lots of instances in which people may feel more comfortable betting on the upside and NOT the downside, and also be gambling that the upside is coming at any minute (especially when they may be perceiving, based on whatever information that they have, that BTC price is way beneath BTC's value). Anyhow, the mere fact that these kinds of buyers and holders may be wrong about their prediction(s) regarding the price direction of BTC does NOT make them wrong in their thinking or wrong in their chosen strategy being appropriate to their own considerations.
Anyhow, it sounds as if you are merely talking your book, and you are hoping for some further BTC price declines... and it is likely going to be difficult to get BTC under $450, absent some pretty bad news or convincing FUD or someone or entity that is willing to spend a lot of fiat in order to engage in additional downward manipulation(s) of BTC prices.
