Re: If someone buys Bitcoin today, they'll be lucky to see a 300%+ ROI.

For the record, I just sold all of my Bitcoins.

Given the viewpoint you expressed above, I'm surprised that you didn't sell your bitcoins in November to January for over $1000. Why did you feel they were worth holding at a higher price a few months ago, and worth selling now at a lower price today?

I should have clarified. I didn't sell all of my Bitcoins just now. I've been gradually selling them on the way up, and sold the last large chunk in the last 48 hours.

I think most investors slowly divest as the price climbs. This is a logical way to diversify.

But what I wanted to know is why did you feel the "last large chunk" was worth holding at a higher price a few months ago, and worth selling now at a lower price today?

The top was not obvious until it was passed. I was hoping to see a return to the $800 level before I sold the remainder, but the Mt.Gox fiasco has motivated me to sell earlier.