Re: A friend sent me .03 BTC

Quote from: hasmukh_rawal on December 13, 2017, 06:41:18 AM

Quote from: Hawk77 on December 13, 2017, 06:28:43 AM

Thanks for the kind remarks and to everyone else for their valued input.
Thought I'd let everyone know I cashed out ~$400 worth and left roughly $150 to let it ride.
I made this decision based upon the holidays coming up and $400 would help out quite a bit.
However, I'm excited to see the $150 appreciate some nice value

While $500 was a decent amount of BTC to hold I would have holded it for a few months to let it rise. You should have holded the money if you were able to afford the expenses from your fiat amount. Who knows, the $500 you had could have turned into $1000 in a few months. The $150 you hold now just turn into $300 if the above scenario came true. Though $150 is an average amount to hold it would have made a big difference with the $500 as the larger amount, the larger profit.

Not when there are pressing needs and no other major source of income, in that case, cashing out $400 was well worth it, so now, he can afford to take his eyes off the balance of $150 for a long while. You can never have it all!

If you're open to risk taking, you take some of the coins to your freebitco.in account if you have one, to benefit from its 4.08% annual interest on your balance, by holding any amount as from 30k satoshi and also you stop by every one hour to pick the free money from the faucet, which is without captcha. Note I did not suggest, you go playing the dice game because you might end up back at one.