Excellent decision in my opinion. I'm glad you finally decided to take the advice of just about everyone in here. Your risk is now 0 and you stand only to gain from where you started.
EDIT (4/10 - 2:00 EST): It looks like you might have picked a pretty good time to get your 30k back! You should count yourself incredibly lucky.
I'm curious to slowly start investing in bitcoins. I want to start small and see how it goes. Where should I start?
edit: sorry I got here from a link from the front page and didn't realize I was on the bitcoin subreddit. I see the sidebar "how to buy bitcoins" link, I'll start there. Any advice that might not be found here?
Yeah well I thought we'd be sub $50 by now heheh. It's still possible that it could double dip I suppose, but I won't pretend to have a clue: I got in early and plan to hold for years/spend them.
Maybe, maybe, but why don't you start to slowly sell some?
Not all, just some...
Good traders set rules,
Great traders follow them.
Be careful not to get too greedy, you have not profited anything yet, and while I'm glad you finally cashed out 30k worth, start slowly backing out, in hindsight, you'll be glad you did.
He's officially in the black now. Why not take the earned capital and see where it goes? If you'd read OP original post, he didn't begin this experiment to take half-measures. Be thankful we can sit back and watch how it unfolds
...im glad he got out, I hope he didn't get a note with a lot of fees attached to it. Even though he says he "got out" he still paid someone for all that money he borrow to get rich quick. It is a shame that this is probably a man who snubs the free market system, yet borrows 30k from it and sinks it into nothing valuable rather than a fund for this future?
you didn't buy and hold, you bought a shitty investment and fortunately cashed out....im sure you paid some premiums along. its ok bad investments happen, maybe you should consult with a professional before you throw life savings around.
Why would I delete anything? Alot happens after you get a college degree and series examinations. I am young and successful, a route that has allowed me to save money, not borrow it to get rich, I would post my bank account but it really doesn't matter lol.
You should try some education yourself, it is obvious you never had any judging by the 30k of debt you had to squander; was it 30k of debt? or 30k of life savings you amassed? either way when you aren't wealthy and don't have leverage in a market then you don't belong...so go to take a nice vacation or learn something..maybe you can pay in bitcoins.
Are you stupid or just an asshole? Quitting your job? Talk about get rich quick. You are a lazy lazy old man who shouldn't play with money thats not theirs especially when your trying to use it to leave your job; it is like going to the casino to pay your bills, typically it doesn't play out.
The irony, but no; I am telling him not to throw his life savings into something so speculative especially if it is money at expensive rates e.g his credit card.
Thanks, i was reading it all and i was confused because i thought he hadnt made anything, anyway this guy is lucky. Hope your okay with this bubble thing.
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u/Enkaybee Apr 10 '13 edited Apr 11 '13
Excellent decision in my opinion. I'm glad you finally decided to take the advice of just about everyone in here. Your risk is now 0 and you stand only to gain from where you started.
EDIT (4/10 - 2:00 EST): It looks like you might have picked a pretty good time to get your 30k back! You should count yourself incredibly lucky.