I have 14 BTC, locked up in my wallet, that I've accumulated over the past 2...

Firespawn
Firespawn

I have 14 BTC, locked up in my wallet, that I've accumulated over the past 2 years.

I thought it would be a great and safe long term hold, but now I'm worried that it's gonna be worth nothing soon.

Should I fucking sell it biz?

I wanted to lock it away and forget about it, but I'll hate myself later for not taking out 100k when its only worth $10.00 or whatever the fuck itll be in a few years.

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Ignoramus
Ignoramus

Put it all in LINK, it will at least double after SXSW and will do multiples more than that by EOY

Spazyfool
Spazyfool

Yes sell it all crypto is dead it's going to 0 literally.

King_Martha
King_Martha

Why don't you just cash out half. That way no matter what happens you won't be completely screwed?

Ultimately you have to ask yourself whether or no you believe in the viability of BTC and cryptocurrencies in the long term. If you don't then why are you even invested in them?

Emberburn
Emberburn

unironically no, but if you're not diversified at least a bit I would recommend doing so to mitigate risk and not miss out on the next alt run

Ignoramus
Ignoramus

I do believe in them long term, but the current trend is down and its estimated to bottom at $500

Hasnt been this bad since 2014

Dreamworx
Dreamworx

which will hurt more:
1) regret over not cashing out at $10k when BTC crashes to $10
2) regret over cashing out at $10k when BTC soars to $100k
???

girlDog
girlDog

but then you'd lose out on half the gains when it moons again

kizzmybutt
kizzmybutt

I mean if you really think that BTC is heading to $500 then just sell everything now.

What are you basing this on btw?

Poker_Star
Poker_Star

Wtf are you on about 500, don't listen to idiots on biz who think they know what they are talking about

GoogleCat
GoogleCat

the bottom is NOT $500. WORST CASE SCENARIO $2500 each.

Booteefool
Booteefool

Biz told me :(

lostmypassword
lostmypassword

Cash out your initial investment and then forget about the rest and see what happens. That way you didn't lose anything.

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LuckyDusty
LuckyDusty

I agree with the above ^^

w8t4u
w8t4u

asking /biz for financial advice

JunkTop
JunkTop

always take a middle ground here. I would sell only half and from that half I would reinvest one part into lithium/cobalt (this shit is booming due to increase in electric car production) and keep the rest in fiat.

Poker_Star
Poker_Star

bottom at $500

Kek. Nice stealth nocoiner thread.

TalkBomber
TalkBomber

Yeah dude, BTC will be about $400 EOY. Crypto was the fidget spinner of finance.

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FastChef
FastChef

Go back to plebbit, boomer.

Spazyfool
Spazyfool

This was a weird but well acted mini-series.
Still need to watch the original though.

Ruth Wilson is hot af

hairygrape
hairygrape

That's ridiculous. Retesting 6k is at least somewhat plausible.

New_Cliche
New_Cliche

Bitcoin is going back to 2k. Because of panic, it might dip to 500-700.
So 700 is possible.

Gigastrength
Gigastrength

Fucking brainlets. It's not going to 0! We're not helping your shorts!

TalkBomber
TalkBomber

old finance is accumulating, shorting, fudding to accumulate

5mileys
5mileys

Lets see your TA Mr Big Stuff

haveahappyday
haveahappyday

wait for it to drop to around 4k then sell

whereismyname
whereismyname

OP just put 5 BTC into link and 7 BTC into ETH and go back to sleep

iluvmen
iluvmen

TA
TA is on the same level as astrology.

Evilember
Evilember

Just sell 33 percent. That way you scratch the itch and assure yourself profit no matter what and if it moons even higher as it always has you won't kick yourself and wonder what if.

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