Ask HN: When will you sell your Bitcoin?

1 points by scottoreilly 12 years ago | 2 comments

Bitcoin is currently trading higher than it ever has before. If you're holding onto Bitcoin as an investment, how high will you let it get before you sell?

codemonkeymike 12 years ago |

I sell them all the time, then buy them back when they tick lower. There is no point in leaving your bitcoins dormant in a wallet when you can buy and sell in your spare time. I have made about $1000 on top of my $1000 initial investment a few months ago.

d4vlx 12 years ago |

I convert them into fiat soon after earning them. Not because I do not have faith in bitcoin but because fiat currency is so much more useful.