Bought my first BTC @ $4600, slightly worried - page 4.

player514

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Quote from: vipgelsi on September 28, 2017, 11:06:41 PM

One day you might be reading a post like this but the guy will say he just got in at $10,000 lol

Or, one day he might be seeing the prices hovering around 1000, wondering why he bought Bitcoin. Don't take Bitcoin's volatility as a joke. Currently, Bitcoin is holding at around 4000. It did reach past 4200, but I believe it dipped again because of the news revolving the United States. We may see more crackdowns from the US side under Trump.

betlord90

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Quote from: mostkey on September 28, 2017, 11:20:58 PM

Quote from: HatakeKakashi on September 28, 2017, 11:02:01 PM

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.

No doubt with that mate since as I know November to January is the pump months of bitcoins and you can see it on the other years happening and maybe by that time we can see bitcoins pumping up so hard. But for now the one what I see is the stable dump and pump scenario so better for the people and the OP to hold his coins for little while since there are more coming pumps will be happen.

mostkey

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Quote from: HatakeKakashi on September 28, 2017, 11:02:01 PM

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.

vipgelsi

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One day you might be reading a post like this but the guy will say he just got in at $10,000 lol

HatakeKakashi

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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.

eann014

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Quote from: RamonBTC on September 24, 2017, 08:11:58 PM

Just hold on to it don't make a silly decision on selling it, for you might regret it. Be patience man.

Yeah having a long wide patient is the key of success here in bitcoin, I think bitcoin will still reach that amount again, just wait for maybe by the end of the year. But still, that is really not a good decision you make, but try to wait until it reaches that price again, monitor bitcoin price from time to time.

nickfury

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Quote from: n0ne on September 28, 2017, 02:34:38 AM

Quote from: CONANEDO on September 28, 2017, 01:57:35 AM

don't sell it just wait until it reach $5000 then decide if you want to sell it or not but if you want to use safe way,sell it when it reach $4700 So you don't loss the money.

Yes, the price will increase and reach new price margin. No need to think about the issues, it's good to have patience and make the best out of it. At present keep holding at least till it crosses $5000, so that you'll profited and no need of thinking about losing. Here it's all about trust, believe in it. Profiting happens now or later.

I expect good things will happen in October, everyone would expect Bitcoin price will return to $ 4600, I remember the feeling when sell Bitcoin price $ 4600. If it hits the price $5000 as you say it is wonderful thing, I like your thinking.

n0ne

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Quote from: CONANEDO on September 28, 2017, 01:57:35 AM

don't sell it just wait until it reach $5000 then decide if you want to sell it or not but if you want to use safe way,sell it when it reach $4700 So you don't loss the money.

Yes, the price will increase and reach new price margin. No need to think about the issues, it's good to have patience and make the best out of it. At present keep holding at least till it crosses $5000, so that you'll profited and no need of thinking about losing. Here it's all about trust, believe in it. Profiting happens now or later.

Burks

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Quote from: 949miner on September 27, 2017, 10:21:53 PM

Well it is slowly recovering, so you should not be worried now, because it went from $3500 to $4200 at the moment, so i think that those are very good news for all of us. specially because this is a good signal that the price will go to $4500 soon. Anyway, buying bitcoin at higher rates it not a bad thing, it will always be going to go up, so you should not worry about it, because it is recovering now Cool

Nowadays the value is increasing day by day so u don1have to worry about that,i hope soon it will hit $ 5000 at the end of this year or the beginning of 2018.Today the value is nearly$4.25K so its recoveringfrom the crash.As you said you don't have to worry about holding bitcoin because in the future the bitcoin gonna have a very good position in the world currency.

CONANEDO

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don't sell it just wait until it reach $5000 then decide if you want to sell it or not but if you want to use safe way,sell it when it reach $4700 So you don't loss the money.

bluemongrel

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Don't sell. In the long run, it gets higher. In fact, when it's low, you should snatch that opportunity and buy more.

LightSide

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Not be worried about, just wait til it comes over 4700 and sell.. then wait for the arbitrage to do it again ... buy high and sell low ... every one talks about it around.

batang_bitcoin

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Quote from: 949miner on September 27, 2017, 10:21:53 PM

Well it is slowly recovering, so you should not be worried now, because it went from $3500 to $4200 at the moment, so i think that those are very good news for all of us. specially because this is a good signal that the price will go to $4500 soon. Anyway, buying bitcoin at higher rates it not a bad thing, it will always be going to go up, so you should not worry about it, because it is recovering now Cool

Yep don't have to worry anymore hope this recovery will happen up until the end of October. We are now at $4,200 so there's 400 bucks to go and you have now your original investment. Don't try to cut your losses because it will just going to give you an headache and later on the price of bitcoin will recover. You'll regret it when you see bitcoin's price flying up to the moon and you sold it at dip when you are trying to cut your losses.

949miner

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Well it is slowly recovering, so you should not be worried now, because it went from $3500 to $4200 at the moment, so i think that those are very good news for all of us. specially because this is a good signal that the price will go to $4500 soon. Anyway, buying bitcoin at higher rates it not a bad thing, it will always be going to go up, so you should not worry about it, because it is recovering now Cool

peter0425

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Quote from: dllhg on September 27, 2017, 09:59:09 PM

Well it creeped past $4200 today. Not too far from where he purchased. Many seem top be predicting a continual rise to past $5K right now. I am sure plenty of people said the same thing to guys like you when it was at $20, $200 an $2000. Look at where it is now. I think people really want this currency and while it may go up and down it will continue its rise. Wasnt it under $1K earlier this year ??

I bought some at 4K after crash was rebounding. Later at 3600 and today again at $4200 just in case it goes to the moon. Dollar cost averaging is my goal. Not doing a great job of it yet. Price swings so wildly it continues to surprise me. If it drops again great I will buy while it drops too.

Glad to have made your purchased at those dips. You are doing good mate. Keep it up. Almost all of TA has been pointing a upward trend specially once we breach $4100 which we have already done so. So continue to hold and just buy on dips and you are good to go. Look at it for long term. Don't short sell as it does not benefit you.

But in case their is a drop, get as more as you can. I don't have funds but if a have a lot of extra, I would also be buying in those dips, really a good entry point for all of us who wants to join the bandwagon and go to the moon.

dllhg

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Well it creeped past $4200 today. Not too far from where he purchased. Many seem top be predicting a continual rise to past $5K right now. I am sure plenty of people said the same thing to guys like you when it was at $20, $200 an $2000. Look at where it is now. I think people really want this currency and while it may go up and down it will continue its rise. Wasnt it under $1K earlier this year ??

I bought some at 4K after crash was rebounding. Later at 3600 and today again at $4200 just in case it goes to the moon. Dollar cost averaging is my goal. Not doing a great job of it yet. Price swings so wildly it continues to surprise me. If it drops again great I will buy while it drops too.

Omega Weapon

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Quote from: Duzter on September 24, 2017, 10:30:30 AM

Quote from: Granxis on September 23, 2017, 08:14:50 PM

Buying from the $ 4600 level has been a wrong start, and there are a lot of things you need to do right now, or you can bet, or you can save some of the money you've invested to make money.

I don't think this to be an wrong decision to buy bitcoin when the price was $4600. You should have known much about the market before investing, if your plan is for long term never get worried. If you thought of making profit in a lesser time, then no other go than just waiting with patience for a price pumping.

The problem is that you are asking a lot of patience from him and while a member of the forum that has seen and experimented situation like that before could do it, you must not forget that he is a newbie, the price of bitcoin has not been that high for some time and I do not think we are going to see that price in a long time, so it is very likely that he gets desperate and sells for a loss.

Shinpako09

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Relax op and believe in btc, you can recover your loss in the right time for sure. Just keep and hold it. Don't sell it atm, you will lose more if you did since you're still a newbie and obviously you know nothing about trading.

If only you're a pro trader, even if you bought at $4600 you can sell it now and take advantage on the $50-$100 swing a day. You can recover your loss fast and make a profit but unfortunately not. So the only thing you can do is hold.

Gutenhans

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Call me Mr. Hans

hard to be in your place. Do not check the price during november if you plan on holding. maybe move it before november somewhere where you get the altcoin if it forks.

talks_cheep

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OP is f*cked. It's wise to sell now even with a small loss compared to selling later with a bigger loss. I know of no hodlers who are rich, having 1 bitcoin 8 years ago is exactly the same as having 1 bitcoin today, you just have 1 bitcoin and you will only have 1 bitcoin. That is the sad situation facing a hodler. Their wealth is in their imagination and on paper only. Hodlers are all gonna so f*cked sooner or later.

Topic: Bought my first BTC @ $4600, slightly worried - page 4. (Read 7868 times)