BTC Hodlers - What are your plans re: August 1st?

[JimmyJ]

Very tough decision for me as to sell and see how it goes and rebuy, or hope that it goes smoothly and not miss out on a big spike up if it does.

 

Thoughts from those actually hodling btc? (And for the others - yes, I know, ponzi/Madoff/tulips/ponzi etc.).

[lkn]

11 hours ago, JimmyJ said:

Very tough decision for me as to sell and see how it goes and rebuy, or hope that it goes smoothly and not miss out on a big spike up if it does.

The market is clearly optimistic given the dramatic price increase, although based on the other BTC thread, I doubt many of these bitcoin “users” understand much of what’s going on (the problems with the current implementation and the politics in the community).

 

Anyway, one strategy could be to sell 5% every 10th day until August, selling a total of half your bitcoins.

 

For the 50% of bitcoins you sold, you can invest in mining hardware and start mining bitcoins, because at the current price, I think the profit is pretty good :)

[KittenKong]

19 hours ago, JimmyJ said:

yes, I know, ponzi/Madoff/tulips/ponzi etc.).

 

Is that a new variant on rock paper scissors?