RoadHazard
Gold Member
I'd sell, but I'm one of those safe and boring index fund guys.
Sell 6, keep 3.
Yes, if it does go up anymore it will be marginal IMO.
Sell now while the price is so insanely high.
Don't sell yet. It'll crash again in a month or so, but it'll hit 10 grand at some point in the new year.
10 grand is where things get shaky. Will it hit 25 grand? 100 grand? Does it have the stability for an exponential leap, or will the bubble burst?
A single bitcoin could be worth $500,000 within 10 years, or it could be worth $0.
The market is so volatile, ultimately whatever you do is a gamble. Personally, I'd sell half and diversify. The current growth is unsustainable, there will be a significant dip at some point in the next 3-6 months, so you can buy back in.
OP already knows the answer to the question. He just wanted to brag about having 9 bitcoins.
What Bubble? The 1st? 2nd? 3rd? It's tanked 3-4 times now the last one being at 3.6K and now it's at 5.3K so please don't make it seem like this is the only bubble.
Remember when people said gold wouldn't hit 1K?
How do you even get a Bitcoin?
Hows your Blockbuster stock doing?Never sell, it can always go higher.
A general rule of thumb is to not talk about the exact number of bitcoins or other currency you have when on a forum like this. You dun goofed OP
How do you even sell them? Is there a company somewhere that would hand you 45k in raw cash?
How did you get that many bitcoins, OP?
Where is that guy who spent hundreds of bitcoins on a pizza.
He spent 10000 Bitcoin to buy 2 pizzas in 2010. Today that would be worth over 53 million dollars.
Hi GAF, how's everyone doing today?
I'm sure there are a few cryptocurrency followers here and I was hoping to gauge opinions and get some feedback on if now is a good time to sell my bitcoins?
The price is a staggering £4000 per bticoin, which would mean a significant profit if I were to sell now. I've had them in my Ledger for a while now and today seems a good day to sell, but there's potential for the price to ho higher.
So should I sell now or continue to hold onto them? I know the price is very erratic and could drop £100s of pounds in just a few hours.
I think this would legit break me
That's like $75,000.
I would literally kill someone for that kind of money.
What's the lowest bit coin sold for?
The whole "playing with house money" thing is absolutely a bad way to think about it. You absolutely are losing. It is your money. You can walk away with $45,000 or risk it and lose it all.Cash out your initial investment.
Let the rest ride forever.
That way you will have lost nothing since you're just playing with gains.
Nothing ventured. Nothing gained.
You have no idea what you are talking about. No such thing happened with the bitcoin creator.The creator and his friends gave themselves hundreds of thousands for free.
Id sell. Its a worthless asset propelled solely by peoples idiocy and fickleness. Idiocy wont run out, but a butterfly could destroy it overnight.
you have no idea what you are talking about. No such thing happened with the bitcoin creator.
That's like $75,000.
I would literally kill someone for that kind of money.
I had five Bitcoins on an old hard drive that I used for target practice. Bought them when it was only about a dollar per bitcoin years ago when I thought the idea was cool and wanted to support it. Little did I know that that would be some serious money today.
Now I have a relatively small amount of Bitcoin along with a few others like Etherum, Litecoin, Vertcoin, and ARK.
Personally if I was OP I would wait. 6k will be here really soon and likely wont drop until after the 26th. Wouldnt surprise me if it hits 8k before a major dip happens. Then again why would you trust the guy who literally blew away over $25k on financial advise.
What do you guys use to buy/sell these cryptocurrencies?
For example, say you mined these 5 bitcoins years ago with graphics cards, how would you change the 5 bitcoins to cash?
As if you wanted to buy Ethereum today with cash how would you do it?
Curious what you all are using.
Being an early adopter and mining is different than pre-mining before public release and hoarding coins before the public has a go at it. Pre-mining never happened with bitcoin and yes it happens with a lot of scam coins nowadays.I dont know what to say, because its exactly what happened... those bitcoins arent tied to a name directly... Satoshi Nakamoto has over 1 million bitcoins himself (across thousands of wallets). Thats 5% of the entire currency.
You have no idea what you are talking about. Most bitcoins appear to belong to a handful of owners, most of them acquaintances of the creator.
Not talking about individual wallets, individual humans (not organizations). Also free as in trivial initial minings.
How do you even sell them? Is there a company somewhere that would hand you 45k in raw cash?
The creator and his friends gave themselves hundreds of thousands for free.
I'd sell. It's a worthless asset propelled solely by peoples' idiocy and fickleness. Idiocy won't run out, but a butterfly could destroy it overnight.