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Ask HN: Are you selling, holding, or buying your Bitcoins? Why?

15 points by austenallred 13y ago

seiji 13y ago
You left out the most common way: stealing your way to the top by breaking into insecure centrally managed wallet sites.
jaxn 13y ago
Mining. Why, because I had $30 to waste and wanted to learn about it. Bought a simple USB miner. Using a pool at at 0.00063331 BTC since Saturday morning. Pretty sure I am never going to break-even, but it was just an experiment to try and understand Bitcoin.
a3voices 13y ago
Holding. They've had 10x growth per year roughly. It would be smartest to hold them long term, in my opinion.
RougeFemme 13y ago
Holding. With its recent growth, I view Bitcoin as much more of a (highly) speculative investment than a form of currency. Curious to see how Bitcoin's rivals fare and how they impact Bitcoin.
- arisAlexis 13y ago
  Bitcoin is a form of currency everyone uses as an investment because its not very usable as a currency. makes total sense.
  - notdrunkatall 13y ago
    Welcome to humanity.
Spendar89 13y ago
Holding, but growing skeptical that this sort of growth is sustainable. It currently makes no sense to purchase anything with Bitcoins, when one will certainly be worth more tomorrow than it is worth today.
taternuts 13y ago
I bought .2 BTC just for shits and gigs in May, and I guess I'll be holding on to it. If there is ever another huge downswing in value then I might buy up some more (depending on how low it goes)
ratsimihah 13y ago
I'm holding on to them because coinbase is taking forever to validate my bank account.
wozniacki 13y ago
I fully expect it to go to the low $4000s by the beginning of the holiday season, perhaps even by early December.
hkarthik 13y ago
Holding right now, but if I see a correction over the next few days I will buy more. My goal is to get to 100BTC and then just sit on it for a while, with some slow withdrawals as needed.
OafTobark 13y ago
Holding and potentially more buying. I'll sell when I feel its a good time to sell.
andrewhillman 13y ago
I am living vicariously through my friend who got in at $12. He unloaded $150,000 this week. He thinks its the new Gold and will hit $2K next year.
atox 13y ago
Holding, since I only have 1 coin and selling it would make no noticeable difference to me right now. I prefer holding and hoping for the 1/1000 chance that it ever might be worth $20000+

15 points by austenallred 13y ago

seiji 13y ago

You left out the most common way: stealing your way to the top by breaking into insecure centrally managed wallet sites.

jaxn 13y ago

Mining. Why, because I had $30 to waste and wanted to learn about it. Bought a simple USB miner. Using a pool at at 0.00063331 BTC since Saturday morning. Pretty sure I am never going to break-even, but it was just an experiment to try and understand Bitcoin.

a3voices 13y ago

Holding. They've had 10x growth per year roughly. It would be smartest to hold them long term, in my opinion.

RougeFemme 13y ago

Holding. With its recent growth, I view Bitcoin as much more of a (highly) speculative investment than a form of currency. Curious to see how Bitcoin's rivals fare and how they impact Bitcoin.

arisAlexis 13y ago
Bitcoin is a form of currency everyone uses as an investment because its not very usable as a currency. makes total sense.
- notdrunkatall 13y ago
  Welcome to humanity.

Spendar89 13y ago

Holding, but growing skeptical that this sort of growth is sustainable. It currently makes no sense to purchase anything with Bitcoins, when one will certainly be worth more tomorrow than it is worth today.

taternuts 13y ago

I bought .2 BTC just for shits and gigs in May, and I guess I'll be holding on to it. If there is ever another huge downswing in value then I might buy up some more (depending on how low it goes)

ratsimihah 13y ago

I'm holding on to them because coinbase is taking forever to validate my bank account.

wozniacki 13y ago

I fully expect it to go to the low $4000s by the beginning of the holiday season, perhaps even by early December.

hkarthik 13y ago

Holding right now, but if I see a correction over the next few days I will buy more. My goal is to get to 100BTC and then just sit on it for a while, with some slow withdrawals as needed.

OafTobark 13y ago

Holding and potentially more buying. I'll sell when I feel its a good time to sell.

andrewhillman 13y ago

I am living vicariously through my friend who got in at $12. He unloaded $150,000 this week. He thinks its the new Gold and will hit $2K next year.

atox 13y ago

Holding, since I only have 1 coin and selling it would make no noticeable difference to me right now. I prefer holding and hoping for the 1/1000 chance that it ever might be worth $20000+