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Topic: When to think about selling? - page 2. (Read 2296 times)
My plan is to sell half my BTC holdings if it allows me (subtracting due capital gains taxes of course) to buy a (nice) flat/house to live in, since that's something I've planned to do already some time. I'll hold the other half as further investment. (Note that it still needs a good increase for this condition to be fulfilled, unfortunately. But it will come, I'm sure! )
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My criteria has, and always will be, where I feel the industry is going.
If I feel infrastructure is still being built, merchants are still adding it to their stores, conferences are being held in various countries, and new news is coming out (thanks Google news for keyword specific article feeds) ...
Then I will continue to hold.
When I feel the industry is stagnating, or beginning to decline, then I will cash out.
This bewilders all my friends and colleagues to no end.
If I feel infrastructure is still being built, merchants are still adding it to their stores, conferences are being held in various countries, and new news is coming out (thanks Google news for keyword specific article feeds) ...
Then I will continue to hold.
When I feel the industry is stagnating, or beginning to decline, then I will cash out.
This bewilders all my friends and colleagues to no end.
Never? I'm in this for the long run, everybody who has sold out so far has regreted it just a few months later.
I've read some talk about $2K-$3K. And what about LTC?
I wouldn't look at a price so much as an event: i.e. when an ETF launches and the public can more easily get into bitcoin... That's when things will really take off.
I've read some talk about $2K-$3K. And what about LTC?
$10k, not before
I've read some talk about $2K-$3K. And what about LTC?
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