Quote from: Odalv on November 21, 2013, 08:17:05 PM

Quote from: QuestionAuthority on November 21, 2013, 07:48:24 PM

Quote from: Rampion on November 21, 2013, 07:44:51 PM

Quote from: QuestionAuthority on November 21, 2013, 07:34:46 PM

I can't believe I sold all just under 500! I was so happy to have over a half million $ that I couldn't wait. Oh well, I guess all I can do is sit in my new completely paid off house and cry. lol

You sold all? Really?

IMO at current BTC valutation selling "for good" (to cash in fiat profits) more than 35% of ones BTC stash is completely crazy, regardless of when you bought in.

If you bought in low double digits/single digits, then your profits are SO HUGE that selling only 20% will grant you a massive gain, while you still keep bullets for the "next round".

If you bought just a few weeks/months ago, then selling 20% is probably enough to recover your full investment, while you keep riding the BTC trading.

In any case, selling all seems like something you will bitterly regret in the near future. I guess you dig in the forums and read the stories of those who sold tens of k's of coins in 2011 (if not hundreds of thousands of coins), bought a nice house and a nice car and retired from the BTC scene for good. Just 2 years after those guys would be so wealthy that their kids and the kids of their kids would be all set for life.

Yep - it might not happen. But its the kind of opportunity you just cannot afford to lose Wink

I already kind of regret it but I mined for most of my coin so long ago and this is such a giant windfall that it's hard to not be happy.

I do not believe it is possible in 4 days withdraw from gox $500k and buy house. Total BS

Oh, you're right it's not. But I have relatives in Europe and it's taken more than 4 days. When the money comes through the house is paid off. Funny but this market is so unstable that by the time I get the cash everyone here could be mega rich or broke.