Hey Guys,
Just curious to see who has held bitcoin on this forum for more than 5 years?
And also, if you've sold it, when did you got in and when did you sold out?
Cheers!
I first purchased BTC in 2012. The during 2012-2013, I received a lot of BTC from various faucets and other give-away sites such as Rugatu, Bittrivia and Bitcointalk signature campaigns. Unfortunately, in 2013 I lost around 60% of my coins when LitecoinGlobal closed down. And again, in 2015 I was facing some financial hardship and I had to sell around 75% of my remaining BTC for $200 per coin.
Then from 2016 to current date, I continue to sell some of my remaining coins.
Now I have around 10% of the coins that I held in 2013.
Thanks for the elaborated input!
So from 2016 to date, you have not bought any only selling?
I feel like during the downs, most have sold out. The whales scoped up and took it to new highs and when fomo kicked in, average joes jump back in and the whales dump the coins and the cycle starts again.
People who held onto Bitcoin for more than 5 years are the true believers. Everyone else are only speculating and only get stung by the big players.