I was toying with emptying a crappy paying savings account and buying a handful coins a few months ago with the intention of offloading them after a short term rise without touching my original amount.
Now it's here, and this rise would've done me fine but of course I failed to get around to it, I'm wondering what everyone else's strategies are.
Do people have set price levels that they'll divest some or all either up or down from here, hold all of them until the concept of selling them becomes ludicrous or somewhere in the middle?
[...]
Now it's here, and this rise would've done me fine but of course I failed to get around to it, I'm wondering what everyone else's strategies are.
Do people have set price levels that they'll divest some or all either up or down from here, hold all of them until the concept of selling them becomes ludicrous or somewhere in the middle?
[...]
I would not have expected to read such stuff from a legendary user. Are you truly just buying Bitcoin out of speculative reason to divest them and hold on to fiat scam money? For me it's pretty clear, that Bitcoin is superior money. Selling Bitcoin for fiat scam money feels like the most stupid idea ever - it's like offloading gold to receive a few buckets of slurry in return.
So my plan for Bitcoin is crystal clear: HODL.
I will never sell my Bitcoin for fiat. I will use it in future to buy goods and services directly. I will use it the way it is meant to be: As a free decentralized currency.Edit: I just realized that I replied to OP's post twice. Sorry for that. But sometimes emotions take control over memory...
ya.ya.yo!