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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....
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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.
I dunno if you have noticed, but then I seem to remember that reading is not your strongest point
but this forum is a general hang out area, there are all sorts of investors, and traders, and even non owners here, and the discussison is about all things, and I am here because I like to chew the cud with some people here and it is another handy news source sometimes... no big mystery, really. So your blah blah about "if you are indifferent to short term price" and being in the wrong place is just bullaxe.... and I can be interested in the short term price, without having to explain it to you, or without it making me want to change my mind, or my long term strategy, until of course it does, then I will feel free to change my mind and do what I see as right. Honestly, for me, if BTC continues to grow, my logic and strategy is amazing, low maintenance, high profit, and I am free to spend my time working on other things, and to have fun, the logic is not flawed, it works and continues to work very very well for me... as I said many considerations to take into account, horses for courses and all that, if you do not accept that, then that is up to you.
I believe this started when Klee asked about long term holders thinking of selling, and what peoples views are.... as I have held for some time, I commented... that if you were a long term holder then before would have been better to sell than now, and I pointed out my reasons for thinking so (you piped in with "hindsight" which is incidentally another reason I choose not to short term trade, as I do not have the luxury of hindsight, but I do , I hope, have a little foresight) and I elaborated in another post as to why I would not sell now (i.e BTC in my view is stonger than it was when I bought, and as a buyer with a long term view now is a odd time to sell) which was answering the question that Klee had asked. Hope that makes sense.
