Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Well, the good news is that even if we sell at $275, that is above our entry point. So the plan is sell only when totally necessary! 
The question is more about what is deemed "necessary." If we have to sell a substantial amount we could and will but we won't need to for several more months (could delay it even longer if we take advantage of more zero percent interest credit but that is a game that I really don't like playing too much.) I think part of me feels like it is a game of who can wait the longest. There are people trying to shake out the weak hands and I don't want to be the "weak hands" being shaken out! Hodl on! 
The question is more about what is deemed "necessary." If we have to sell a substantial amount we could and will but we won't need to for several more months (could delay it even longer if we take advantage of more zero percent interest credit but that is a game that I really don't like playing too much.) I think part of me feels like it is a game of who can wait the longest. There are people trying to shake out the weak hands and I don't want to be the "weak hands" being shaken out! Hodl on! Sometimes I wonder if some of you even account for the possibility that the huge runups might be over.
It is about risk vs. reward. Sure, the "runups" might be over. In fact, Bitcoin could go to zero.
However, it could still be very early in it's growth and we could see $100,000 per coin or more.
The question then becomes is the risk worth the reward? I believe it is a resounding YES!
In a way, we all have the chance to become venture capitalists in Bitcoin with any small amount we are willing and able to throw in. Usually these kinds of investment opportunities are not available to the "little people" or people like me with very little money to throw in. By the time we get the chance to invest in the best companies, the VC's have already made millions and moved on to the next investment. These VC's are the risk takers. They throw money into companies that lose everything. However, for the few that make it their reward is beyond what we can imagine because most of us do not get those kinds of opportunities.
So that is why we are willing to be "all in" with what we have. For some of us, we had very little to begin with and if we end up back to where we started we can at least say we gave it a shot. That is a much better feeling than seeing the price rise to $1000, $5000, $10,000, or even $100,000 someday and then crying, "Why didn't I invest when it was $350!