adamstgBit
Legendary
*
Offline Offline

Activity: 1904
Merit: 1004


Trusted Bitcoiner


View Profile WWW Personal Message (Offline)

Ignore
August 29, 2014, 05:22:06 AM

Adam, are you hoping for the price to rise so that you can reduce your position?  

I'm just curious, because I seem to remember that your low on fiat.  If you want to raise more fiat, you might hope for a rise.  But wouldn't that only be to sell, so you could buy back cheaper?  

I am frequently puzzled by the motivations of my fellow community members.  Sorry if too personal.  I guess I am fairly price agnostic right now.  It's gonna do what it's gonna do in the short term.  

I reduced my position last year. as the price was moving up i was selling 1BTC a day everyday, at one point market totally ran me over, and i got "rich".

ever since i've been holding and buying back in at opportune moments ( mostly above current price ), ran out of fiat last week.... no plans on selling, not for years, hopefully never, just spending it slowly.