Quote from: DPoS on November 26, 2013, 04:50:10 AM

Quote from: kronut on November 26, 2013, 01:18:31 AM

The thought process is fairly easy in my case, will I make more BTC by reinvesting them, or should I just hold onto my BTC? In this case, since the price went up 7-8x, I should have held my BTC.

You assume you would keep those BTC through all the ups and downs of the market and not sell? What if you bought BTC and sold when it went up 2x or 4x?

What if you did hold till it past 10x and then the next week it crashes to 2x? Would you be on here saying you should of sold at 10x?

Is BTC going to go to $900,000 and we all should never ever sell ever ever?

Like any good investment you dollar cost average in, and do the same going out.

When you have a basis for your BTC of about $100 per (assuming you bought some) and its $850 today, if you don't start slowly getting out then you are just a greedy bitch who doesn't know what they are doing.

I have X in cold storage and now I just start selling when the price is favorable every few days.

You don't get the "R" in ROI unless you take some profit.