Quote from: cryp24x on January 18, 2017, 04:11:52 PM

Quote from: talkbitcoin on January 18, 2017, 01:39:46 PM

Quote from: Gatorelf on January 18, 2017, 11:52:49 AM

Quote from: webtricks on January 18, 2017, 11:37:14 AM

Quote from: Gatorelf on January 11, 2017, 05:56:14 PM

In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

This is something called investment strategy. Everyone has different from the other. It makes one a successful investor while other a not.
Everyone will has different opinion towards this question. I believe there is no good to sell or exchange for other currencies seeing little increase in value. Such panic selling depreciate the value of Bitcoin again. Hold your investment as long as you can.
"Warren Buffett is holding his shares from 1964, now he is 3rd most richest person on Earth, don't know about space". Grin

yep, have to say i haven't sold any although I used some to purchase collectibles here as it was the only acceptable currency. Been buying under 900 and will most likely continue up to $1,000 in 2017

Also bought in 2016 loaded physical coins when BTC was under $600 as a duel long term investment

good points but selling is not a bad thing necessarily. why you sell/spend the coins is more important.

for example selling when you feel like there is a bubble that is about to pop is a good idea, but as long as you are not doing it as a panic but as a well planned strategy. and then buy back when it is over and price is low enough.

or for example if you need the money that you invested to buy something. for instance i bought many coins when price was $220 and then again when it was $430 and i sold a little bit around $1000 because i needed some money. but in general i am buying bitcoin every week that i have money lying around.

I agree, but I guess people are buying in a purpose of taking a profit from the fluctuation of Bitcoin. They want to take advantage of it but sadly most new comers were there because of hype ending up buying at the peak of the bubble and left with bitcoin when the bubble burst declining in price. Being new to the scene they then panic sell with a lost. They should hold their BTC and have wait till BTC recovered and uptrend in price.

not just the average Joe but there are Fund Managers buying and selling BTC now. They started coming in last year and will increase this year. Right now they can cause some volatility but as the market expands this will decrease.