I'm sorry for your loss. Investing in cryptocurrencies is very risky to begin with, not to mention day trading (altcoins). It is very hard to keep track of that unless you've gained a lot of experienced.
I've started with a 0.0001 BTC balance in august last year (for altcoins only). In 3 months time I've turned it into ~2BTC.
Topic: $16,264.50 ......I'm a fucking idiot - page 2. (Read 2470 times)
Don't invest in alt coins, bitcoin is the number one and It has the biggest potential no need to invest in other shity alt coins 0.0
I think that investing fiat currency in BTC is often dangerous, but don't worry that with a good trading maybe you are able to have back your money. Good luck mate 
hold for long, but not for short
to gain money in a big lie, you have to know it's a lie
to gain money in a big lie, you have to know it's a lie
I'm thinking you would have done better if you would just buy low and sell high from the start. Instead of going all in and taking on a large amount of risk.
Thanks for this eye opening info for all newbies, to never consider alt coins.
Why do you write off the 2BTC in litecoins? If you don't like the chances of litecoin the perhaps you should trade it for BTC? If you're calculating the values of your currenct BTC stash and considering it to be $5367, pushing in those two more BTC bumps you up another 1k$, I think that's signficant.
Actually I'm hoping LTC has another bubble again. I bought in at $30... it's like $11 now, I feel like I should buy some more while it's "cheap" to cost-avg but too demoralized from all the ass raping
Aha, I think I see what you mean. Still, don't get too discouraged. I think that tracking the price ratio between btc and ltc could be a profitable game to play, but I'm too scared to try day-trading.
Since I joined the Bitcoin bandwagon in November 2013, this is how much money I have put into Coinbase to purchase bitcoins.
Currently I only have 12 BTC, yes just 12, valued at $5367............. I have lost about 11 bitcoins investing in Alt coins (one of the Alt coins I put a huge amount of went form 80 satoshi to 2 satoshi and the devs left the coin, so I consider that money gone). I also have about 2 BTC worth of LTC but given my luck i might as well consider that gone too.
I need 1BTC to be $1355.375 in order to break even. So I have to bank on BTC going above ATH again. And if by some chance 1BTC passes $4k mark I will have $40,000 and I will be very happy (this is the only thought that keeps me from being depressed right now).
If I waited and spent that $16K now, I could have had 36 bitcoins in my posession.
How much of a fucking idiot am I?
I don't even know how the fuck I was able to spare $16K form Nov 2013 to now since I don't even have any savings myself (but no debts either)
Currently I only have 12 BTC, yes just 12, valued at $5367............. I have lost about 11 bitcoins investing in Alt coins (one of the Alt coins I put a huge amount of went form 80 satoshi to 2 satoshi and the devs left the coin, so I consider that money gone). I also have about 2 BTC worth of LTC but given my luck i might as well consider that gone too.
I need 1BTC to be $1355.375 in order to break even. So I have to bank on BTC going above ATH again. And if by some chance 1BTC passes $4k mark I will have $40,000 and I will be very happy (this is the only thought that keeps me from being depressed right now).
If I waited and spent that $16K now, I could have had 36 bitcoins in my posession.
How much of a fucking idiot am I?
I don't even know how the fuck I was able to spare $16K form Nov 2013 to now since I don't even have any savings myself (but no debts either)
Dafar, to be honest, we learn from our mistakes. Personally I have not found out btc until after the 1k rise. I did very many stupid things as well (btc related). At least your in now because literally, of all the people I know, I do not think 1 of them even knows what bitcoin is. In a year things should be better (to make up for any losses etc)
i had a nitemare i kept my bitcoins away from the cops and sold $262,122 at once, and my dad+mom nearly killed me
Actually I'm hoping LTC has another bubble again. I bought in at $30... it's like $11 now, I feel like I should buy some more while it's "cheap" to cost-avg but too demoralized from all the ass raping
The prices of all these alt-coins are dependent on Bitcoin. When the Bitcoin exchange rate goes up, theirs also increases. Currently Bitcoin is in a bad state, and it disproportionately affects the alt-coins.
Why do you write off the 2BTC in litecoins? If you don't like the chances of litecoin the perhaps you should trade it for BTC? If you're calculating the values of your currenct BTC stash and considering it to be $5367, pushing in those two more BTC bumps you up another 1k$, I think that's signficant.
Actually I'm hoping LTC has another bubble again. I bought in at $30... it's like $11 now, I feel like I should buy some more while it's "cheap" to cost-avg but too demoralized from all the ass raping
Since I joined the Bitcoin bandwagon in November 2013, this is how much money I have put into Coinbase to purchase bitcoins.
Currently I only have 12 BTC, yes just 12, valued at $5367............. I have lost about 11 bitcoins investing in Alt coins (one of the Alt coins I put a huge amount of went form 80 satoshi to 2 satoshi and the devs left the coin, so I consider that money gone). I also have about 2 BTC worth of LTC but given my luck i might as well consider that gone too.
I need 1BTC to be $1355.375 in order to break even. So I have to bank on BTC going above ATH again. And if by some chance 1BTC passes $4k mark I will have $40,000 and I will be very happy (this is the only thought that keeps me from being depressed right now).
If I waited and spent that $16K now, I could have had 36 bitcoins in my posession.
How much of a fucking idiot am I?
I don't even know how the fuck I was able to spare $16K form Nov 2013 to now since I don't even have any savings myself (but no debts either)
Currently I only have 12 BTC, yes just 12, valued at $5367............. I have lost about 11 bitcoins investing in Alt coins (one of the Alt coins I put a huge amount of went form 80 satoshi to 2 satoshi and the devs left the coin, so I consider that money gone). I also have about 2 BTC worth of LTC but given my luck i might as well consider that gone too.
I need 1BTC to be $1355.375 in order to break even. So I have to bank on BTC going above ATH again. And if by some chance 1BTC passes $4k mark I will have $40,000 and I will be very happy (this is the only thought that keeps me from being depressed right now).
If I waited and spent that $16K now, I could have had 36 bitcoins in my posession.
How much of a fucking idiot am I?
I don't even know how the fuck I was able to spare $16K form Nov 2013 to now since I don't even have any savings myself (but no debts either)
Why do you write off the 2BTC in litecoins? If you don't like the chances of litecoin the perhaps you should trade it for BTC? If you're calculating the values of your currenct BTC stash and considering it to be $5367, pushing in those two more BTC bumps you up another 1k$, I think that's signficant.
Like everyone has said, hold onto your coins, if you break even at the $1300s it's possible we'll see that figure again soon, it's already been there once.
I've been trading with alt coins for a while and it's very hard to make a decent profit and know when to sell when the price is dropping.
ALT coins is just a pure gamble 
Its why i dont invest in any of them.
ALT coins is just a pure gamble
This is why I have been saying for the past one year or so, that no one should invest in any alt-coin (perhaps with the exception of Litecoin). People who own huge quantities of them will make sparkling posts here, claiming that their coin is soon going to the moon. Once the hype is over (and after the OPs sell their coins), the prices will crash to almost nothing. You will end up losing your money and Bitcoin ends up losing a potential user.
Its okay, you learned your lesson though right?
Since I joined the Bitcoin bandwagon in November 2013, this is how much money I have put into Coinbase to purchase bitcoins.
Currently I only have 12 BTC, yes just 12, valued at $5367............. I have lost about 11 bitcoins investing in Alt coins (one of the Alt coins I put a huge amount of went form 80 satoshi to 2 satoshi and the devs left the coin, so I consider that money gone). I also have about 2 BTC worth of LTC but given my luck i might as well consider that gone too.
I need 1BTC to be $1355.375 in order to break even. So I have to bank on BTC going above ATH again. And if by some chance 1BTC passes $4k mark I will have $40,000 and I will be very happy (this is the only thought that keeps me from being depressed right now).
If I waited and spent that $16K now, I could have had 36 bitcoins in my posession.
How much of a fucking idiot am I?
I don't even know how the fuck I was able to spare $16K form Nov 2013 to now since I don't even have any savings myself (but no debts either)
Currently I only have 12 BTC, yes just 12, valued at $5367............. I have lost about 11 bitcoins investing in Alt coins (one of the Alt coins I put a huge amount of went form 80 satoshi to 2 satoshi and the devs left the coin, so I consider that money gone). I also have about 2 BTC worth of LTC but given my luck i might as well consider that gone too.
I need 1BTC to be $1355.375 in order to break even. So I have to bank on BTC going above ATH again. And if by some chance 1BTC passes $4k mark I will have $40,000 and I will be very happy (this is the only thought that keeps me from being depressed right now).
If I waited and spent that $16K now, I could have had 36 bitcoins in my posession.
How much of a fucking idiot am I?
I don't even know how the fuck I was able to spare $16K form Nov 2013 to now since I don't even have any savings myself (but no debts either)
A very big fucking idiot frankly.
There's no room to "invest" in Bitcoin anymore. The highest price I'd predict it getting from now is about $500. Bitcoin will never ever reach anything above $500 worth again. It's dead franky, you're just wasting your money.
no you just dont know how to trade, and bitcoin will reach 700 again and stop looking it as a product and treat it like a currency.
you shouldn't write your litecoin off, litecoin is a good coin..
just hold and wait, btc will break the 1k mark by the end of the year
just hold and wait, btc will break the 1k mark by the end of the year
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