A Treatise on Never Selling Your Bitcoin


#42

I concur, so what types of goals do people have, im interested in everything from the baby hodlers to the big whales.


#43

Hmm I’m honestly unsure on what I want to do next, after hearing from difference sources and remembering back to the time that BTC almost broke 3k but then sunk to 1.9k due to FUD, I’m assuming that a rinse and repeat process is happening right now.

I am soon heading for boot camp so I will be out of the game for 8 weeks so right now what my strategies are (still undecided)

  1. Spreading my portfolio into what I truly believe in (30% BTC / 30% NEO / 20% LTC) and ride the stormy seas while I am gone.
  2. Splitting off into 40% NEO 60% LTC until the BTC drops down to possibly 3.75k, and then as it hits 3.75k I will transfer all of my LTC into BTC and have it ride the wave up while I am away

I am still looking around of several plans but having 2 weeks left until I go, these two are on my mind.


#44

Enjoy boot camp. I think it’s wonderful you can get away for a while?..


#45

No OMG? Blasphemy!!!


#46

Ahh yes, I can’t wait to go from dreaming about the future and all of its new technologies transitioning into 8 weeks of being secluded of the outside world haha


#47

Thank you for serving.


#48

Treating my Bitcoin like a “rare collector piece,” which was passed down from my “Great, Great grandfathers…fathers paper wallet


#49

I have zero bitcoin right now because most things are recovering faster than it. I look at my entire portfolio and everything is up when comparing it to BTC. Everything except ETH. Which makes me wonder if ETH is the best deal at the moment.

When things level off I’ll trade back into BTC for more than I started with.


#50

I started my BTC journey when it was around 2700 in June during that bull run then went through the first bear run down to 1900, I think after each bull/bear you get a little stronger, I’ve only been in alt coins though, managed to turn 1 BTC into 10 BTC through trading and have now committed to filling a war chest of BTC instead whilst only trading say 4-5 BTC and stockpile the rest for the next 3-4 years when I plan to build my first house.

At least if I spend the coins on house building Ill always have the house and not just memory of a very expansive pizza :slight_smile:

Cheers Dogelord


#51

You turned one btc in to 10 in a few month that’s impressive. What trading strategy do you use?


#52

Nice!
Ive started mine with 1k recently.
Not nervous, but feels more like,“finally…im on board, made my first step, im in the race now and not on the sidelines just watching.”


#53

Kiwic,

Id also like to know what your strategy was.
I think im sort of at that point now. I have a few other alt coins…also and am looking to do just that, trading toward BTC.


#54

CENTRA has also gotten their card out.
Theres vids of it being used online now.


#55

I have just been researching how many people actually use or invest in bitcoin. I know there is no exact answer but some of the articles I found were interesting although I am not sure how accurate. A couple came up with around 3 to 4 million people, If this is the case then we truly are at the spear tip of bitcoin.


#56

I would also just like to add an experiment I tried on my Facebook about 2 months ago. I have roughly 200 friends and I posted to my feed that I would give away £5 worth of ethereum to anybody who wanted it. I did this to encourage and promote cryptocurrencies. I know it would of been nice to give away bitcoin as it has more world wide recognition but fees were to high to give away small amounts. I told the them all they have to do is set up an exodus wallet ( I provided instructions) and send me their public key. Do you know how many responded?

0


#57

to be fair, if you offered me $5 eth I wouldn’t want it either…btc is another story


#58

Why would you turn down free money?


#59

Never turn down free money. Plus, you need that ETH to transfer your ERC20 tokens.


#60

because eth is a shitcoin, and i don’t even want the trouble of wasting my time trying to convert 5 bucks worth to btc


#61

Ricardo stop trolling. I gave it away to encourage participation and encourage new people to look into cryptocurrencies.What do you want me to do? give away £5 of bitcoin then tell them sorry the fee is £4, that would really encourage people. The more people who engage the more the value will rise regardless of what token or coin they get into first.