At what price would you sell your bitcoins?

[uplana]

Hello Guys 🙂

After long time focusing on my business, primary crypto currency I found some minutes to come back here on OCT to spend some time.

At what price would you sell your bitcoins?

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[Martin Everson]

Sold everything at 13,000......perhaps that was a mistake.

 

[void]

congratulations, for 13k the move has superhigh value itself, no way it could be considered a‌ mistake
I'd say you could be lucky enough and open a position in a few‍ days again for 5k ;-)

 

[JohnnyDoe]

“Sell and regret” they say”¦
Like Ronald Wayne, who sold his 10% stake in Apple for $800 stupi#21

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[Martin Everson]

Regret what...lol? I hit my target and offloaded‍ 800 of them. That's called discipline. No complaints whatsoever here 😎.

Btw any reason why⁠ you been digging up 3 year old bitcoin threads? This is second thread I came⁤ across you digging up ns2.

 

[KDX]

You had 800 BTC?

 

[Martin Everson]

yup.

 

[KDX]

Damn! Congrats!!! You truly are living the good‌ life!

 

[Martin Everson]

Thx

It went to $17k some months before I sold. I held off but then pulled‌ trigger when it hit my lower bound target. I know how much I wanted to‍ exit with. I talked about it in another thread if I remember at the time.⁠ Don't worry BTC will at $100k at some point.

PS I also got out when⁤ there was zero KYC and it was wild wild west 😎. Now its whole different⁣ game getting out into fiat. Just look at the posts in other threads 😕.

 

[KDX]

Yup, nowadays crypto is so scrutinized within the banking⁢ system its hard to liquidate. I remember using a local service here where I literally︀ just had to input my IBAN, send BTC to an address and I got money︁ in my bank account, didn't pay any tax or anything LOL. Nowadays that's impossible

 

[Martin Everson]

Exactly I even talked about it on here. You literally sent them crypto and put in⁤ your IBAN and that was it. Money was in your account same day. No limits⁣ no KYC no nothing. Seems weird to even imagine this was how it was 4⁢ years ago conf/(%.

 

[KDX]

Yup... we've come a long⁤ way in this whole crypto world.. I remember seeing BTC develop from the early days⁣ to the full on hype that's going on right now.. It's quite fascinating

 

[Martin Everson]

Well yeah. It is scary we went⁠ from mining on a home PC's to dedicated GPU mining, to mining farms of dedicated⁤ hardware, to DeFI, to ETF's, to being legal tender in El Salvador etc etc etc.⁣ There is an entire ecosystem of jobs and industry built around BTC. I would say⁢ it has been extremely fast moving.

We also went from zero regulation to regulated in︀ a few years also. We went from what is BTC? To why have you not︁ invested in BTC? Yes it does fascinate me too but it's good to watch from︂ sidelines now as some of the insanity around crypto is worrying.

 

[KDX]

Yeah, I feel like the majority︁ of people don't know how crypto works or how inefficient it is in some cases,︂ it's not magical it's just technology... And It's massively overhyped right now, so yeah I'm︃ also just watching from the sidelines as of now.

 

[KDX]

Yes, for businesses like the ones here in︀ OCT its extremely useful because you don't have to deal with the banks BS. but︁ most "consumers" who use ETH tokens where gas fees can reach 20$ a transaction, it's︂ not efficient for everyday purchases yet. But yes, crypto has its uses and it does︃ really shine in some applications like you said! Very convenient sometimes.

 

[KDX]

What price points did you buy⁠ BTC at?

 

[JackAlabama]

No hype right now. 😉 Just depair and⁠ doom present as of march 2022.