Quote from: bL4nkcode on June 21, 2017, 01:36:00 AM

Quote from: mundang on June 21, 2017, 01:08:06 AM

Quote from: john_doe on June 18, 2017, 09:39:17 PM

I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

Wrong move my friend,price will never reached the low price which is 1500$ again., im seeing bitcoin price will hit 5000$ before the end of this year. I will never ever sold my bitcoin this 2017.

What's wrong with that? He bought the coins when it still at $100ish so now can you still say it's a wrong move, he earned a lot with multiple times from that. And it's a smart move IMO, 10% of his stash is not bad to sell when you know you'll get profit.
And I don't think if how many people are still holding their balls from buying from the range of $100-$200 long ago and still waiting when BTC reach 3k or even more.

In my view, those only 10% is the big justification for selling at current trends. Selling some portion of bitcoins time to time to cover our life's demand is inevitable for any investor. Hence I too do not call this as a wrong decisions. Probably if he has sold more than 50% of his stash then that might be sounding as a wrong decisions. Even though when considering his buying prices, selling now must not be wrong for any percentage of his stash. Practically no one will be afford to hold to enjoy all the price movements of bitcoins as our life time and life's requirements are not allowing to wait.