Quote from: etherflip on February 07, 2018, 01:14:11 AM

Quote from: Steamtyme on February 06, 2018, 11:47:21 PM

I just wanted to gauge what people did and why.

If you had BTC from October 2017 or earlier, maybe 1 maybe 100 and some with more I'm sure.

Did you sell in December? With the insane rise in price which was due for a correction how many people sold at or near peak and maybe set aside some for a correction to buy back in the Dip.

I ask because with the opportunity to cash out for FIAT which still makes the world go around it seems like selling at 20 000+ (CAD) makes sense. I hear a lot of people who say HOLD and hoard essentially, and to each their own; but I find myself wondering at what point do you sell if that is your philosophy.

Maybe you didn't sell; maybe you sold a few or dumped it all.

I myself didn't have much; I had amassed a small amount that I was portioning off to HOLD, but what I was holding was instantly sold at the peak or used to buy equipment mostly because I had a feeling that it was going to be worth about 50% in the near future. The price stayed higher for longer than I though but it also fell lower than I thought. I might have been completely wrong it may have continued to rise but in the end I was happy with the decision I made. I can always mine more...well some (damn difficulty lol)

Taxes play a huge role in HOLDing mentality. You might as well ride this crypto roller coaster considering this very well may be the last massive opportunity in our lifetimes to make such huge gains in such small amount of time. Its easy to HODL under that assumption

Bitcoin may be the only wave of wealth that this generation of our generation can seize this century, full of excitement and uncertainty. I think everyone should buy a bitcoin, at least understand it rather than deny it.

uobaaagrf

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