Topic: Bought my first BTC @ $4600, slightly worried - page 3. (Read 7815 times)
This user should just think of people who bought before the 2013 crash at $1200. Their market value went down by more than 80%, but if they had the stomach to wait it out for 4 years, then they would have got 4x profit. That is not bad at all, for somebody who bought at the peak.
Relax buddy it will be just a little bit of time for bitcoin to reach back at this price, just be patient till then, and if you want to sell your coins then after breaking even you can do so.
We are now close to $4500 and the OP may break even in a few days. And assuming the trend continues, its just a matter of week before he can see profit. So just like everyone else here told you, no need to panic buddy, Bitcoin is really a good investment and don't ever doubt it again. I suggest you don't sell, just hold and have trust because the next goal would be $5000 and then $6000 before the end of the year. So just hold and enjoy the hype train ride.
Relax buddy it will be just a little bit of time for bitcoin to reach back at this price, just be patient till then, and if you want to sell your coins then after breaking even you can do so.
Edit: Bitcoin has now crossed the $4600 mark so now you have break even and it's up to you to decide that either you want to sell your coins or save them as investment and I am sure if you take the second option then you are not gonna regret in the future as bitcoin will be double or triple the price in the coming years, so just forget that you have invested in bitcoins and come back after a decade and you will surely be surprised.
Edit: Bitcoin has now crossed the $4600 mark so now you have break even and it's up to you to decide that either you want to sell your coins or save them as investment and I am sure if you take the second option then you are not gonna regret in the future as bitcoin will be double or triple the price in the coming years, so just forget that you have invested in bitcoins and come back after a decade and you will surely be surprised.
Words of encouragement I would say dont be too worried just at this moment because its normal for adverse news of some kind, the main thing that matters is integrity of the blockchain itself. The most relevant news is crypto news, various politics and country news is not so systemic as what can happen digitally.
I would also argue its better to buy every month not just once off, regular buys gains an average price. So long as its a bullish market you will be into growth which is the most reliable way to get a profitable trade, nobody knows exactly when is the right times to buy or sell.
I would also argue its better to buy every month not just once off, regular buys gains an average price. So long as its a bullish market you will be into growth which is the most reliable way to get a profitable trade, nobody knows exactly when is the right times to buy or sell.
Price has started to recover once again so there is nothing to worry and it will regain its position in coming days so the only thing you need to make sure is that you don't lack patience and hold your coins for the right time as it is predicted that price will touch $5000 at the end of the year so if you hold till that point of time then you will be making good profits on your investments.
$4600 bitcoin for your 1st buy is not really good. When the price dump until $3500 maybe would be better for you to buy. I think you are too excited to have bitcoin in that day. Today bitcoin is lower than $4600 which is really not good for you. Try to wait until end of the year.
Even if you do not consider yourself a trader buying bitcoin with the intention of selling it later is the act of a trader and as such we must make an afford to learn the very basics of trading before our purchases, because something like what we are seeing may happen, you buy near the top of the bubble and now you are going to be in the red for a long time.Honestly, this is quite frustrating as you buy in really high price and now you're dealing in what you might lose.
As we seen bitcoin fall to $3000 within this month from $4600 and until now we're slowly hovering. But buddy if you trust bitcoin enough you'll hold tight to it. Yeah if that will happen to me I can't have a good sleep but what's done is done and we should just move on and wait to have a good profit. Just trust and it'll happen.
Quote
Any word of encouragement?
I think it’s normal to be worried some but don’t be so nervous of things that might be solve when patiently waiting. As the price now at 4200$ to 4300$ the margin to profit is nearly coming after more days or weeks. So take a deep breath and relax and don’t look much on that chart, it is better to just put an alert on your mobile if the price already reached 4600$ to get even or to wait more to get a profit. Bitcoin is a rick investment but if you handle it with confidence it will be as easy as you think it is.
I think Op is not as patience enough as we think, that’s why it is impossible for him to HODL and wait for more days or weeks even there is always a big chance to profits as you said a 7000$ or more than I think in the future.
I advice first Op that he need first to understand and research how bitcoin history and what are the factors it become popular right now.
This is the most important thing he must first considered.
Learning before earning is a must.
Quote
Any word of encouragement?
I think it’s normal to be worried some but don’t be so nervous of things that might be solve when patiently waiting. As the price now at 4200$ to 4300$ the margin to profit is nearly coming after more days or weeks. So take a deep breath and relax and don’t look much on that chart, it is better to just put an alert on your mobile if the price already reached 4600$ to get even or to wait more to get a profit. Bitcoin is a rick investment but if you handle it with confidence it will be as easy as you think it is.
I think Op is not as patience enough as we think, that’s why it is impossible for him to HODL and wait for more days or weeks even there is always a big chance to profits as you said a 7000$ or more than I think in the future.
I advice first Op that he need first to understand and research how bitcoin history and what are the factors it become popular right now.
This is the most important thing he must first considered.
Learning before earning is a must.
It's natural to worry because right now you are at a loss, but bitcoin is highly volatile and you should've known before you invested that it was possible. I personally invested at a similar price but I am confident that in a few months time I will look back and be very content with my investment.
Quote
Any word of encouragement?
I think it’s normal to be worried some but don’t be so nervous of things that might be solve when patiently waiting. As the price now at 4200$ to 4300$ the margin to profit is nearly coming after more days or weeks. So take a deep breath and relax and don’t look much on that chart, it is better to just put an alert on your mobile if the price already reached 4600$ to get even or to wait more to get a profit. Bitcoin is a rick investment but if you handle it with confidence it will be as easy as you think it is.
Quote
Any word of encouragement?
I think it’s normal to be worried some but don’t be so nervous of things that might be solve when patiently waiting. As the price now at 4200$ to 4300$ the margin to profit is nearly coming after more days or weeks. So take a deep breath and relax and don’t look much on that chart, it is better to just put an alert on your mobile if the price already reached 4600$ to get even or to wait more to get a profit. Bitcoin is a rick investment but if you handle it with confidence it will be as easy as you think it is.
$4600 bitcoin for your 1st buy is not really good. When the price dump until $3500 maybe would be better for you to buy. I think you are too excited to have bitcoin in that day. Today bitcoin is lower than $4600 which is really not good for you. Try to wait until end of the year.
Even if you do not consider yourself a trader buying bitcoin with the intention of selling it later is the act of a trader and as such we must make an afford to learn the very basics of trading before our purchases, because something like what we are seeing may happen, you buy near the top of the bubble and now you are going to be in the red for a long time.Honestly, this is quite frustrating as you buy in really high price and now you're dealing in what you might lose.
As we seen bitcoin fall to $3000 within this month from $4600 and until now we're slowly hovering. But buddy if you trust bitcoin enough you'll hold tight to it. Yeah if that will happen to me I can't have a good sleep but what's done is done and we should just move on and wait to have a good profit. Just trust and it'll happen.
$4600 bitcoin for your 1st buy is not really good. When the price dump until $3500 maybe would be better for you to buy. I think you are too excited to have bitcoin in that day. Today bitcoin is lower than $4600 which is really not good for you. Try to wait until end of the year.
Even if you do not consider yourself a trader buying bitcoin with the intention of selling it later is the act of a trader and as such we must make an afford to learn the very basics of trading before our purchases, because something like what we are seeing may happen, you buy near the top of the bubble and now you are going to be in the red for a long time.Honestly, this is quite frustrating as you buy in really high price and now you're dealing in what you might lose.
As we seen bitcoin fall to $3000 within this month from $4600 and until now we're slowly hovering. But buddy if you trust bitcoin enough you'll hold tight to it. Yeah if that will happen to me I can't have a good sleep but what's done is done and we should just move on and wait to have a good profit. Just trust and it'll happen.
$4600 bitcoin for your 1st buy is not really good. When the price dump until $3500 maybe would be better for you to buy. I think you are too excited to have bitcoin in that day. Today bitcoin is lower than $4600 which is really not good for you. Try to wait until end of the year.
Even if you do not consider yourself a trader buying bitcoin with the intention of selling it later is the act of a trader and as such we must make an afford to learn the very basics of trading before our purchases, because something like what we are seeing may happen, you buy near the top of the bubble and now you are going to be in the red for a long time.Honestly, this is quite frustrating as you buy in really high price and now you're dealing in what you might lose.
As we seen bitcoin fall to $3000 within this month from $4600 and until now we're slowly hovering. But buddy if you trust bitcoin enough you'll hold tight to it. Yeah if that will happen to me I can't have a good sleep but what's done is done and we should just move on and wait to have a good profit. Just trust and it'll happen.
$4600 bitcoin for your 1st buy is not really good. When the price dump until $3500 maybe would be better for you to buy. I think you are too excited to have bitcoin in that day. Today bitcoin is lower than $4600 which is really not good for you. Try to wait until end of the year.
Even if you do not consider yourself a trader buying bitcoin with the intention of selling it later is the act of a trader and as such we must make an effort to learn the very basics of trading before our purchases, because something like what we are seeing may happen, you buy near the top of the bubble and now you are going to be in the red for a long time. As of now the price of bitcoin is 4200 dollars and I believe it will increase again and maybe we the price of 5k dollars. So dont be worry if bitcoin price decrease because if you see the price last few days its below 4000 dollars but now look the price . Its better if you hold your bitcoin and wait the price to increase after that you can sell that so you can earn profit.
it's true this happens almost at the end of each year, bitcoin always experiences a declining selling price. but as long as we are able to maintain our bitcoin this will be one of the successes when bitcoin prices are pumping, I think 5k will be achieved this year.The value at bitcoin by December will be related to how deeply the hard fork will damage and affect bitcoin, unline others years this year bitcoin will have a stress test, segwit were the first, then the split to bitcoin cash and now November fork wich people does say it will be more deeply then bch.
I don't think the hard fork will make us lose. You know we will get another bitcoin plus our exact bitcoin. The price of both will be good 90%. And then we don't be in loss with this data by having two of them in the same time.
As of now the price of bitcoin is 4200 dollars and I believe it will increase again and maybe we the price of 5k dollars. So dont be worry if bitcoin price decrease because if you see the price last few days its below 4000 dollars but now look the price . Its better if you hold your bitcoin and wait the price to increase after that you can sell that so you can earn profit.
it's true this happens almost at the end of each year, bitcoin always experiences a declining selling price. but as long as we are able to maintain our bitcoin this will be one of the successes when bitcoin prices are pumping, I think 5k will be achieved this year.The value at bitcoin by December will be related to how deeply the hard fork will damage and affect bitcoin, unline others years this year bitcoin will have a stress test, segwit were the first, then the split to bitcoin cash and now November fork wich people does say it will be more deeply then bch.
Buy it and forget it, otherwise, you will be always stressed and checking the price...
we see that the price for bitcoin is a bit healthier above $4000 so the OP cannot be as worried as he was. Bitcoin price will be strong again, just takes time. dont panic and sell think of the long term
One day you might be reading a post like this but the guy will say he just got in at $10,000 lol
If it really happen he might die because of happanies because he will get a lottery haha because bitcoin is providing everyone opportunity so nobody no that might happen in reality. Jump to: