Re: I am pretty confident we are the new wealthy elite, gentlemen.
I couldn't think of a better place to post this and I think it's fitting here. I just sold my stash of 6 years at $2,200. I just couldn't stand to wait any longer and I'm not greedy. Bitcoin definitely made me rich (not really rich elite but rich enough for me). Everything I own is paid off (houses, cars, Horizon 350 Four Winns boat - everything). I have everything I want and more. Hookers and beer for the rest of my life.
I hope bitcoin goes to a million dollars each and all of you get everything you want. I won't be disappointed if it does (because I kept a couple for a rainy day
). I'll still be around here to make fun of you when required (maybe not as much as before though). Good luck to you all and don't forget that it's not illegal to sell your coins.
I hope bitcoin goes to a million dollars each and all of you get everything you want. I won't be disappointed if it does (because I kept a couple for a rainy day
). I'll still be around here to make fun of you when required (maybe not as much as before though). Good luck to you all and don't forget that it's not illegal to sell your coins. Yeah.. right.. we have seen you around with your selling coins assertions a lot - christmas blah blah blah.. and now, supposedly the big cashing out.
Good of you to cash out on an uptrend, but seems a bit premature to sell a large portion of your holdings... and also, what else are you going to buy into? oh? stocks and bonds and real estate? Bitcoin is likely going to continue to be a decent long term investment, and possibly better than other investments that you have, so it is good to keep some percentage in bitcoin, even if you might have some other asset classes in which you are more bullish...
Let's say 1% in bitcoin or 5% in bitcoin or 10%..
I invested a bit more than 10% in bitcoin in comparison with fiat related investments; however, my bitcoin investment is now more than 40% of my allocation - based on appreciation of bitcoin.. sure it could be wise of me to reallocate to 10% or some other moderate stance - but cashing out completely seems either foolish or you are merely a bank troll trying to get others to sell their coins.... which you have done various times before