Most of my coins were bought in the 300USD area.
I could sell some but for now i will not. Because i still believe we will go to 500 USD.
Topic: $450 - $500 means many of us are now even or ahead (Read 3048 times)
I didn't buy at the spike, but, for a long time I used faucets and worked here on this forum until I could start doing sig
campaigns. Also I learned how to trade altcoins.
Later, I had a miner; a U3 that was hanging around that I bought before and forgot about for a while. I soon fired it up
to get altcoin to begin trading. It convinced me enough to get a bigger miner, the Antminer S3 to mine more on the
altcoins to trade for BTC.
Now I mine and trade altcoins to BTC and dp signature campaigns. Sometimes I do the odd faucet for a little bit to do,
but not much.
campaigns. Also I learned how to trade altcoins.
Later, I had a miner; a U3 that was hanging around that I bought before and forgot about for a while. I soon fired it up
to get altcoin to begin trading. It convinced me enough to get a bigger miner, the Antminer S3 to mine more on the
altcoins to trade for BTC.
Now I mine and trade altcoins to BTC and dp signature campaigns. Sometimes I do the odd faucet for a little bit to do,
but not much.
I bought at around $250. Holding on to 1 coin hoping it hits 1,000!
This is your lucky day, maybe next year will hit 1000 dollars.
I think is also good to buy some little amounts of bitcoin now so that later in the future lets say 5 years than bitcoin will rise.
I think you're right. Jan, Feb we'll see $1000
I bought at around $250. Holding on to 1 coin hoping it hits 1,000!
This is your lucky day, maybe next year will hit 1000 dollars.
I think is also good to buy some little amounts of bitcoin now so that later in the future lets say 5 years than bitcoin will rise.
I go by the rule "Never sell for lower price than you paid for it" , so i'm good either way you turn it around. You're right about people getting
in green with their bitcoin investments, and that will only get better with time, unless for those who sold at a loss..
cheers
in green with their bitcoin investments, and that will only get better with time, unless for those who sold at a loss..
cheers
I go by the same rule. I would never buy bitcoin if I didn't think that I would make profits out of them.
That's the best way to go with bitcoin. Nobody knew how big bitcoin could be though so I could understand why people went for it.
I have learned about Bitcoin when we broke $1,100! 
It was waaaay to expensive for me so I didn't buy in! I got myself only a small amount in order to get started in the crypto world. Instead I started trading effectively and earning bitcoins in different ways. I must admit that I did very good!
I have a nice stash at the moment and I must admit that my average buy in price is about 47 euros per bitcoin!
It was waaaay to expensive for me so I didn't buy in! I got myself only a small amount in order to get started in the crypto world. Instead I started trading effectively and earning bitcoins in different ways. I must admit that I did very good! I have a nice stash at the moment and I must admit that my average buy in price is about 47 euros per bitcoin!
Holy Christ!
Man you must have had some incredible lucky punches in trading or with your alternative ways!
47 euros is amazingly cheap.So you already made some nice profits so far.
I'm admiring you a bit for that.
I have now around $100 profit per coin on average. I will hold longer for sure as I do think the rise is far from over. I could have had more profit if I bought more around $250, but I am very happy.
...
I would have to do the onerous work and check my figures, but $450 - $500 is probably about my break-even.
I have spent some (on gold), so that will likely complicate my calculations. Perhaps I could value my BTC on a "FIFO" basis
Accountants' comments are welcome.
I would have to do the onerous work and check my figures, but $450 - $500 is probably about my break-even.
I have spent some (on gold), so that will likely complicate my calculations. Perhaps I could value my BTC on a "FIFO" basis
Accountants' comments are welcome.FIFO relates to inventory valuation, not really useful for you (as the value is set at cost not actual market value).
Just treat gold purchase same as selling bitcoin. So add together all the $ spent on BTC (including fees etc), take away $ value of gold bought (at that time), then divide the result by the amount of BTC you're currently holding, now you'll see the average cost and you'll know whether you're in break-even position.
The above does not provide for any additional BTC you've earned or for any BTC spending (other than buying gold).
Id like to buy at the current price but im just not confident enough to take the plunge at what its at now. Needs to stabalise more for me.
I bought at around $250. Holding on to 1 coin hoping it hits 1,000!
Funny reading these thread's where everybody seems to be 'up'. Where are all the murdered sheep?
The sheeps are in fiat. They enjoy their Christsmas credit card promos, their Christsmas usury bank loan with 900% interest rate, or their Bond investments that will vanish pretty soon in the next crisis.
Bitcoin is for the enlightened sheep
And of course for some wolfs.
I actually bought mine around the $200 mark, so right now I already doubled my investment. I'm just sorry that I haven't bought more than I did, unfortunately I haven't had any more money to invest...
Bought 1200$ at 325, sold everything today for 1750$.
Yup I'm ahead no doubt about that, I'd say it's the time to sell, bitcoin will drop. There is absolutely no reason it stays at 500$ for me, it will drop unless more companies allow paying in btc.
The faith of people in btc can't stay until things change and scams are reduced!
Yup I'm ahead no doubt about that, I'd say it's the time to sell, bitcoin will drop. There is absolutely no reason it stays at 500$ for me, it will drop unless more companies allow paying in btc.
The faith of people in btc can't stay until things change and scams are reduced!
As for me, I am ahead. I learnt about Bitcoin about a year ago or so. Was around 311 at that time, so now it is almost the higher Bitcoin I have seen (apart from the last raise some weeks ago). That is pretty good!
I guess it also will get higher this year, so the subject is true for me.
I guess it also will get higher this year, so the subject is true for me.
The higher the entry point to make 1 BTC gets for the average citizen the more elite you are in the Bitcoin ecosystem and that's how it should be, people that take risks and are visionaries should be given rewards, that's I find it funny when some people complain the super early adopters all rich already.
i believe that buying even now will look like an absolute bargain in 10 years, so yes i bought some at higher prices but even then its gone be profit eventually. i dont buy for a quick turn around.
I'm in a long term hold position.
That good in Bitcoin If we save for a long term in bitcoin savings That would be helpful for sure in future and some of the people doing bitcoin as short term like as it is changing to fiat cash but If they save that good for them only.I use to buy bitcoin in the time 250$ to 300$ now just savings Not going with buying. 
I am one of the lucky ones who bought in when we were around $220, so I am in the green now. My issue is that I could not buy enough at this time in order to keep a profit. I was only able to buy what I needed and now I have very little. I am still in the green, but I wish I could have bought more at that time.
The murdered sheep are keeping quiet. You really expect someone to speak up and say "Hey, I blew my savings!"
Well, most of them probably got disenchanted and left here a long time ago.
I got into bitcoin just after the peak, doing altcoin mining and selling them for BTC all through 2014 along with trading some alts along the way. It would be an accountants' nightmare to try to tally up the mining rig and electricity costs (etc.) vs. the mining revenue but I think I roughly broke even, thanks to a windfall investment in Dark/Dash at a good time. Actually better than even, since I was able to sell a couple GPU's at the end and was left with a very powerful system to enjoy for personal use. Then in 2015 I started buying BTC with savings in the $217-264 range, so I'm very happy with how things are running now. Just had to have faith during the tough sledding period of 2014.
I could sell it now and make profit but I would rather wait a while longer for it to rise more.
Good decision mate, some economic says that in the 2016 bitcoin will raise to 1000$.. Surely, it's not probably right but patient person will gain a good thins I sure Selling now is for security, waiting is risky, but can be profitable.
I'd say the best is to halve everything. Sell half your btc now and wait a bit for the other half, this way you're sure you made some profit but you can also expect more from future rise.
Just my point of view though =)
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