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+--- Thread: Are you staying in bitcoin or pulling out? (/showthread.php?tid=6282491)
Are you staying in bitcoin or pulling out? - Chrome - Oct 16, 2024
Looks like BTC is about to hit peak territory soon as It has passed 100k AUD. I think the highest it's been is 106k. Are you staying in or pulling out in preparation for a potential drop/crash?
I have personally moved my money out into a cash account for now.
RE: Are you staying in bitcoin or pulling out? - abdelx95 - Oct 16, 2024
why do you think it gonna drop?
based on what?
RE: Are you staying in bitcoin or pulling out? - Chrome - Oct 16, 2024
(Oct 16, 2024 02:04 AM)abdelx95 Wrote: why do you think it gonna drop?
based on what?
History, it goes up and down in waves. each time gradually higher but it wont just keep going up again like it did years ago.
RE: Are you staying in bitcoin or pulling out? - Trafalgar Law - Oct 16, 2024
I'll still be holding mine. I don't wanna regret in the future.
RE: Are you staying in bitcoin or pulling out? - Bastille - Oct 16, 2024
I still hold since 2021 when I bought when everything was high 💀
I'm waiting 2025 / 2026
RE: Are you staying in bitcoin or pulling out? - Koyote - Oct 16, 2024
I'll likely still keep holding for quite a while yet. With the tax situations the way they are here, and the upcoming rate hike, I'm going to wait until I'm positioned where I want to be before dropping any.
RE: Are you staying in bitcoin or pulling out? - Chrome - Oct 16, 2024
(Oct 16, 2024 02:35 AM)Bastille Wrote: I still hold since 2021 when I bought when everything was high 💀
I'm waiting 2025 / 2026
How good is hindsight....
RE: Are you staying in bitcoin or pulling out? - Pimping - Oct 16, 2024
I have less than $1.5k in btc so im staying since its definitely gonna keep moving up this year
also no point in selling now not any good investments other than btc/cryptos right now
RE: Are you staying in bitcoin or pulling out? - thrutl - Oct 16, 2024
(Oct 16, 2024 01:40 AM)Chromeproducts Wrote: Looks like BTC is about to hit peak territory soon as It has passed 100k AUD. I think the highest it's been is 106k. Are you staying in or pulling out in preparation for a potential drop/crash?
I have personally moved my money out into a cash account for now.
I always pull out brother... Oh wait this is a BTC thread. Nevermind.. hahah
No but, I usually set a automatic sell a couple of times a week.
So if the value is 1BTC= 650 I set automated sell at 620 or something, then if it goes to 700 I change the auto sell to 670 and so forth.. Then when the drop comes I just watch my BTC get sold and wait for the drop to stop. While also setting automated buy in..
So if the drop is still going on and it goes down to 500 I set automated buy in at 570, then maybe it drops to 450 I set for 500 and so forth..
I feel this has been proven quite reliable all in all. I always have a bit of a span because there will always be flux in the rise and drop, so I do a gap as to not sell or buy to soon.
RE: Are you staying in bitcoin or pulling out? - Omniscient - Oct 16, 2024
Holding strong till BTC hits $300k then I'll sell 25% of my holdings.
RE: Are you staying in bitcoin or pulling out? - LSD - Oct 16, 2024
holding strong. never go 100% out if I sell at all
RE: Are you staying in bitcoin or pulling out? - Eran - Oct 16, 2024
I am definitely staying for several more months, not dipping now lol.
RE: Are you staying in bitcoin or pulling out? - Lyralei - Oct 16, 2024
I don't care anymore and am just holding. If I sell now, I'll have PTSD again if it goes up and although I might lose a bit of money, if BTC really goes down the ship, I don't really mind sinking if everyone else sinks. It's an adventure at this point.
RE: Are you staying in bitcoin or pulling out? - Chrome - Oct 16, 2024
(Oct 16, 2024 05:35 PM)Lyralei Wrote: I don't care anymore and am just holding. If I sell now, I'll have PTSD again if it goes up and although I might lose a bit of money, if BTC really goes down the ship, I don't really mind sinking if everyone else sinks. It's an adventure at this point.
Dibs the door, you can stay in the water.
RE: Are you staying in bitcoin or pulling out? - Lyralei - Oct 16, 2024
(Oct 16, 2024 05:55 PM)Chromeproducts Wrote: Dibs the door, you can stay in the water.
Not against selling, and to be honest I would have done the same but it's nearly 10 years at this point. From my experience it's better to just leave and focus on something else than pro-active in crypto then having to accidentally trip face flat first. But if it's a job, interest or hobby then that's fine.
I just don't think it's so easy to predict unless you spend time looking at graphs all day.