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Topic: What would you do? (Read 2051 times)

sr. member
Activity: 392
Merit: 250
♫ A wave came crashing like a fist to the jaw ♫
June 02, 2013, 01:38:09 PM
#28
where is the buy more option?
member
Activity: 70
Merit: 10
June 02, 2013, 01:33:40 PM
#27
Consider killing myself seeing as I'm invested BIG in this

Then consider this a warning: change your risk management now.

With this strategy you don't have a long life expectancy. Neither you nor any human I'd know of can predict the future with high accuracy. Any day something you didn't predict can happen and you end up another failed -- dead -- speculator.

You would kill yourself over a couple hundred bucks?
legendary
Activity: 1036
Merit: 1002
June 02, 2013, 11:31:34 AM
#26
Consider killing myself seeing as I'm invested BIG in this

Then consider this a warning: change your risk management now.

With this strategy you don't have a long life expectancy. Neither you nor any human I'd know of can predict the future with high accuracy. Any day something you didn't predict can happen and you end up another failed -- dead -- speculator.
sr. member
Activity: 434
Merit: 250
June 02, 2013, 11:05:45 AM
#25
I'll be busy laughing manically.

Now's the time?
member
Activity: 70
Merit: 10
June 02, 2013, 08:58:51 AM
#24
Consider killing myself seeing as I'm invested BIG in this

like how big?
legendary
Activity: 1176
Merit: 1015
June 02, 2013, 01:48:41 AM
#23
Unless it was due to one of the Bitcoin pillars being destroyed. (The POW or private key encryption for example) I would hold. I would buy If I had spare cash which I don't (otherwise I would have bought more already)
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
June 02, 2013, 12:37:25 AM
#22
I'll be busy laughing manically.
legendary
Activity: 1904
Merit: 1002
June 02, 2013, 12:02:31 AM
#21
Where is the buy option?
sr. member
Activity: 434
Merit: 250
June 01, 2013, 01:09:13 PM
#20
i would hit the buy button
Why don't you do it now?
Haven't you heard? Bitcoins are in sale! 50% of their highest price!  Cheesy
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
June 01, 2013, 01:06:38 PM
#19
i would hit the buy button
legendary
Activity: 1442
Merit: 1000
Antifragile
June 01, 2013, 11:58:29 AM
#18
I would hold what I have and hope for a tell tale bottom signal and buy more then.

Many of us have only invested what we can afford to lose. So, it is all or nothing to many of us. Not to mention a political/freedom statement. We are in it for the long haul.

Speaking of which, if you have children, I recommend setting one BTC aside as a college education fund.  Grin
legendary
Activity: 1106
Merit: 1001
June 01, 2013, 09:36:49 AM
#17
Since my entry point is arguably zero (I have already withdrawn the amount of fiat I bought in with) I'd just hold, and hold, and hold  Cheesy
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
May 31, 2013, 07:02:52 PM
#16
OP missed option of "Average down until it reaches zero, where you buy all the coins with one dollar"  Grin
sr. member
Activity: 392
Merit: 250
May 31, 2013, 06:28:07 PM
#15
Unless it was a fundamental failure of the bitcoin protocol itself, hold or buy. I'm not particularly interested in being weak-minded.

Exactly reason why I just laugh when people panic over small things like MtGox problems etc. As long as Bitcoin protocol works, the fundamentals are looking really good.
legendary
Activity: 1722
Merit: 1004
May 31, 2013, 06:08:16 PM
#14
Unless it was a fundamental failure of the bitcoin protocol itself, hold or buy. I'm not particularly interested in being weak-minded.
sr. member
Activity: 364
Merit: 250
May 31, 2013, 05:49:31 PM
#13
This poll is supposed to be a snapshot how many people would panicsell.

How many would panic hold?  Wink
Those that have a lot of money to lose, but still hold ^^
sr. member
Activity: 434
Merit: 250
May 31, 2013, 05:48:10 PM
#12
This poll is supposed to be a snapshot how many people would panicsell.

How many would panic hold?  Wink
sr. member
Activity: 364
Merit: 250
May 31, 2013, 05:46:41 PM
#11
what if your entry point is negative $65  Wink

That is my question also. This poll does not deal with those who have an effective entry point that is negative.

Well, just vote that you won't sell ^^
You are still losing money, even if you cannot get a negative overall in fiat anymore.
This poll is supposed to be a snapshot how many people would panicsell.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
May 31, 2013, 05:37:59 PM
#10
what if your entry point is negative $65  Wink

That is my question also. This poll does not deal with those who have an effective entry point that is negative.
legendary
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
May 31, 2013, 05:31:07 PM
#9
First, I would read the news. I've already accepted my original buy-in as a sunk cost, so there's no reason to panic before understanding the situation.

Depending on what sort of news it is, I'd do one of the following:
1) If holding bitcoins is going to be criminalized in a way that has actual teeth, I may delete my wallet, or else give the coins to someone who lives in another country.
2) If it's a catastrophic protocol failure which will make Bitcoin unusable starting immediately, I probably can't get my coins onto an exchange anyway, so I'll just keep them around as a keepsake.
3) In basically any other scenario, I'd buy like mad.
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