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Board Bitcoin Discussion
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Re: Who has held bitcoin for more than 5 years?
by
SLS163
on 07/12/2020, 13:36:32 UTC
⭐ Merited by Lucius (1)
As for the members of the forum, there are not too many who have been active for more than 5 years, but as can be seen from some answers, some have kept part of their coins for more than 5 years. Yet here we are talking about a period when Bitcoin was still quite cheap compared to today (the price was measured in a few hundred $), and few believed that a value like today is possible.

I personally have some coins that I earned as a beginner through faucets or through signature campaigns, but unfortunately I did not keep everything I bought during 2014 and 2015 - I consider it a good lesson for the future. I also hope that the time will come when it will not be necessary to convert BTC into fiat in order to spend it in the usual places such as shopping malls, cafes, restaurants.


Thanks for your reply and everyone for their inputs.

Unfortunately, to a certain extend I believe BTC is being manipulated at every bull and bear cycles. Like you mentioned, not many active members with more than 5 years on the forum. Thats just showing most bought BTC at some stage(joined the forum) and likely sold out when it went down and never returned. Those who sold when it was high, probably would still stick around the forum since the likelihood of them getting back in at the low kept them on interested and stuck around on the forum.

Anyway, the ones that has held on more than 5 years, or even 3 years are true believers. Hats off to you guys, shows character more than financial gains. Well Done.
Post
Topic
Board Bitcoin Discussion
Re: Who has held bitcoin for more than 5 years?
by
SLS163
on 07/12/2020, 06:09:28 UTC
Hey Guys,
Just curious to see who has held bitcoin on this forum for more than 5 years?
And also, if you've sold it, when did you got in and when did you sold out?

Cheers!


I first purchased BTC in 2012. The during 2012-2013, I received a lot of BTC from various faucets and other give-away sites such as Rugatu, Bittrivia and Bitcointalk signature campaigns. Unfortunately, in 2013 I lost around 60% of my coins when LitecoinGlobal closed down. And again, in 2015 I was facing some financial hardship and I had to sell around 75% of my remaining BTC for $200 per coin.

Then from 2016 to current date, I continue to sell some of my remaining coins.

Now I have around 10% of the coins that I held in 2013.

Thanks for the elaborated input!
So from 2016 to date, you have not bought any only selling?

Post
Topic
Board Bitcoin Discussion
Re: Who has held bitcoin for more than 5 years?
by
SLS163
on 07/12/2020, 05:42:00 UTC
Hey Guys,
Just curious to see who has held bitcoin on this forum for more than 5 years?
And also, if you've sold it, when did you got in and when did you sold out?

Cheers!
Why is this important to you?



Because I feel most people has sold out.

Its good to have some understanding of the trading history.
Post
Topic
Board Bitcoin Discussion
Topic OP
Who has held bitcoin for more than 5 years?
by
SLS163
on 07/12/2020, 05:33:24 UTC
Hey Guys,
Just curious to see who has held bitcoin on this forum for more than 5 years?
And also, if you've sold it, when did you got in and when did you sold out?

Cheers!