Bought BTC at 20k - page 3. | Bitcointalksearch.org

Poink

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Quote from: canman on May 03, 2018, 07:59:50 AM

Continue to buy 50k BTC. and continue to hold. If you buy BTC at 20k you still do not sell when prices go down below 17-18k. you are crazy investment Cheesy

This is a very common misconception about crypto investing. IF you are selling to cash out then I agree that it is crazy.

In crypto, even if you bought BTC at $20k each... it can be wise to sell at $10k each. That looks like a 50% loss so HOW?

SIMPLE. WHEN the coin you are buying is on SALE for more than 50% and is expected to rebound as strong (if not stronger) than BTC.

The catch is finding the coin that will out perform BTC. Many would rather play it safe and just HODL BTC and that is a perfectly good way to go too. I just want to present the alternative and how it can work.

thedarksun

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The best option for me would be buy few the best coins from top 20 and wait for profit, i think the best will be 50% ethereum and 50% other coins

canman

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Continue to buy 50k BTC. and continue to hold. If you buy BTC at 20k you still do not sell when prices go down below 17-18k. you are crazy investment Cheesy

justin86

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Market Integration Platform

I would buy bitcoin again if I were someone did this because altcoins have very bigger chance than bitcoin to crash and make enormous loss. Bitcoin is better for those who made such mistake.

Danstan

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You can buy 1 BTC again this month while the price is not yet back to peak one, the other 40k buy it with ETH. Hold the half of your ETH and the other buy it with tokens you think its promising, then they might grow together this coming December and your income will comeback x50 or even more.

sehoon

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Quote from: ljtronics1 on May 02, 2018, 01:02:13 AM

If you had 100k, you spent 50k buying BTC at 20k in Dec 2017 and felt like shit. Now is May 2018 and you have 50k left, which coin would you put your money in so that you don't feel the same way ?

You probably don't have enough knowledge about cryptocurrency when you bought bitcoin at $20k. But don't worry, I think bitcoin will still grow more than $20k and you can have your profit. But if ever you have $100k again, divide your portfolio in coins like XRP, Waves, and Stratis.

marketone

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Quote from: w33man on May 02, 2018, 08:23:06 PM

Quote from: ljtronics1 on May 02, 2018, 01:02:13 AM

If you had 100k, you spent 50k buying BTC at 20k in Dec 2017 and felt like shit. Now is May 2018 and you have 50k left, which coin would you put your money in so that you don't feel the same way ?

There's a lot of coins that has a lot of potential that is undervalued. The market is starting to recover, so I think that it is really time to buy more and wait for the market to recover. You will surely get your losses back of you will be patient.

Instead of buying of other why cant he buy the bitcoin at this price in order to get average price. Once bitcoin price start increasing he can make some profit with bitcoin which he can easily divert other low valued coins.

lienfaye

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Quote from: ljtronics1 on May 02, 2018, 01:02:13 AM

If you had 100k, you spent 50k buying BTC at 20k in Dec 2017 and felt like shit. Now is May 2018 and you have 50k left, which coin would you put your money in so that you don't feel the same way ?

Dont be disappointed if btc didnt meet your expectation in the price, keep in mind that btc is good as long term investment just hodl your coins for few months or years, be patient and dont panic sell since you invested 50k which is huge amount actually. If I were to invest 50k I will split it to eth and two other coins that has potential to give me x5 profit like IOST that has good progress for the past 2 weeks.

Karmakid

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Buy more bitcoin because once it recovers or starts another bull market, it can surpass it's current ATH. Just invest and forget about your investment, so you will not be stressed. Bitcoin is for a long term HODL and it's only been a few months since bitcoin dropped from it's ATH. Patience always has a great reward.

w33man

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Quote from: ljtronics1 on May 02, 2018, 01:02:13 AM

If you had 100k, you spent 50k buying BTC at 20k in Dec 2017 and felt like shit. Now is May 2018 and you have 50k left, which coin would you put your money in so that you don't feel the same way ?

There's a lot of coins that has a lot of potential that is undervalued. The market is starting to recover, so I think that it is really time to buy more and wait for the market to recover. You will surely get your losses back of you will be patient.

bavicrypto

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Quote from: ljtronics1 on May 02, 2018, 01:02:13 AM

If you had 100k, you spent 50k buying BTC at 20k in Dec 2017 and felt like shit. Now is May 2018 and you have 50k left, which coin would you put your money in so that you don't feel the same way ?

You could keep the btc and go to sleep for a couple of years. Most likely you've made a lot of profit in the end. If you're more of a daytrader you could go for some altcoins which you personally believe in and have done some research about. Don't just buy a coin because someone tells you to. Rather do so because you believe in it yourself.

ljtronics1

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Quote from: CLywaTeLb on May 02, 2018, 01:50:10 PM

I would buy a lot of different coins. Back in February-March. For example, PRL, POWR, CAPP, BTM, ADA, IOTA, XEM. Right now, many alts have rised. I would wait for a small correction. 50K good amount for big start.

Small correction ? Are we talking 10%-20% dip ?

ljtronics1

newbie

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Quote from: Caesar-Giulius on May 02, 2018, 12:28:37 PM

I would spilt the other $50k investment and buy BTC. This bring my average buying price down.

Are you saying i should buy only BTC ? People says you should not put all eggs in one basket

rustyrustam

newbie

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Quote from: byzodiac on May 02, 2018, 04:26:07 PM

20k dollar is top of the btc prices but I think we will see high prices more then 20k dollar, maybe 1 year later it can be 50-60k dollar, so if you have cash, you can buy from 9-10k again at these days.

Totally agree with this advice!!! +1

CaptainKrypto255

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Well, you should be spending the rest of your 50k fund of course!

javadevm8

newbie

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Gotta double down on BTC or ETH. Grin

VanDeinsberg12

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Quote from: ljtronics1 on May 02, 2018, 01:02:13 AM

If you had 100k, you spent 50k buying BTC at 20k in Dec 2017 and felt like shit. Now is May 2018 and you have 50k left, which coin would you put your money in so that you don't feel the same way ?

I guess i will try to participate in another some promising ico in this year. Man an ico just like ontology doesn't give a shit to the early investors and it has been giving back the investors almost 40x from the ico price. And put the rest on the major altcoins. But you can try to put them all on the major altcoins too.

Entei

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I believe that the value of 20K may come back by the end of 2018, so despair can to be an enemy on the battlefield and consequently uses the rest to invest in sustainable projects with real purposes for humanity it's what we should do and that this post serves as a lesson for everyone, where to buy by impulse of the moment maybe it may be irreversible in the future. Thereby studying analysis and concepts before investing is the way.

SPINPIX

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I feel you, i bought sometimes in the al time high if some coins, driven by the fomo or some pump and dump groups, the first Times i sold in loss, then i realized that you are not in loss until you sell. My best suggestion is ti hold

akamit

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Quote from: ljtronics1 on May 02, 2018, 01:02:13 AM

If you had 100k, you spent 50k buying BTC at 20k in Dec 2017 and felt like shit. Now is May 2018 and you have 50k left, which coin would you put your money in so that you don't feel the same way ?

I will not say that you made mistake by buying BTC at $20k. BTC is a long-term investment asset, so the price will rise again, just don't know when. Hodl as long as you can and do not sale at a loss.

And with your $50k, split it into many small parts such as $2k and invest in many coins.

- - Find some good coins which are at the support level currently, buy and hodl until you get profit. Just make sure you are not buying any shit coin/token.
- - You can also invest in some ICOs by searching and researching the best ones from 1000s - it may also give you a good return if you invest in a good ICO.

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