Buying Bitcoin was a worst decision of my life

Jupeter

full member

Activity: 378

Merit: 100

Quote from: ridery99 on October 11, 2015, 10:32:02 PM

How many of you can admit that buying Bitcoin was a worst decision of your life? I can. I'm approximately -50% in fiat funds now.
Sooner or later some type of bank chain or coin will come and gain mass adoption - while bitcoin still remaining a geek coin
to buy weed.
I know this forum is more like a cult than a information channel what comes to honest opinions but I know there's others
on this forum who feel the same, almost all of us. Don't let your cult believer ego come in the way.

I dont have yet lose a big amount of money in bitcoin, because i am just buying bitcoin when the price is low and i am holding it until the price be very high, so for me buying bitcoin is not a worst decision to do, i think buying bitcoin is a big opputunity for us.

Victorias

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Quote from: tamarindbleu on May 13, 2018, 03:10:04 PM

Quote from: Titanos on May 13, 2018, 02:33:40 PM

Bad for you that you came to the market in a bad moment. Maybe now you wish you kept holding your funds, Bitcoin price multiplied many times the last 2 years.

I dont really believe that buying bitcoin was a worst decision to do, for me bitcoin is the best crypto and i know that bitcoin is can really help us to grow our money , and if we keep trusting on bitcoin i am sure bitcoin will help us to be profitable.

Many people are distrustful of crypto-currencies. They are afraid to invest their money in bitcoin because they are afraid of losing them. Today, there is a lot of conflicting information about crypto-currencies and it's very difficult to understand everything.

walemil

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Activity: 448

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Anyone who ignorantly buy bitcoin at the wrong time will definitely feel the same way. That is why it is always good to invest only your spare money so you don't feel devastated in case you don't get the expected result. You will have to keep your regret aside and focus. Seek professional advice the next time you want to invest.

joseph_tart

newbie

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Crypto is the future my fellow brothers and sisters!

mahibul49

full member

Activity: 826

Merit: 104

I CANT SAY BTC buying is worst decision bcz btc future is great!if you bought in 20k then its no prblm btc will go 100k in future so holding is the main key for btc.

EnaksiS

member

Activity: 252

Merit: 10

I can truly understand you but you are missing the point. You just bought in wrong time. I know it is too easy to say do not worry but your lost is huge. Try to be patient and wait until end of the year. This is my opinion.

bentong talong

full member

Activity: 383

Merit: 100

🚀🚀 ATHERO.IO 🚀🚀

There's a risk when you buy Bitcoin and other cryptocurrencies, and if negative happens you could really consider as a worst investment. As of now, nothing negative happen so I keep considering Bitcoin as one of the best investment I've ever decided.

oginiimaoyani

sr. member

Activity: 574

Merit: 250

To me it was not a worst decision but and awesome one because it has helped me in so many ways. So your worst decision depends on when you got involved.

dasunlanka

member

Activity: 120

Merit: 23

Be cool

It's the nature buddy..some people loosing and some people gaining their profits,,just wait and see what is happening in the future..I think BTC /Cryptocurrency market will boo 10000% within next year.. Shocked

Stargazer

sr. member

Activity: 641

Merit: 253

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Just hold your entire balance, i am sure that at the end of the year you are gonna be proud of having bought them on the past.

I felt the same when i bought at $7000 a few months ago during the last year.

Ikpirijor7

newbie

Activity: 154

Merit: 0

How many of you can admit that buying Bitcoin was a worst decision of your life? I can. I'm approximately -50% in fiat funds now.
Sooner or later some type of bank chain or coin will come and gain mass adoption - while bitcoin still remaining a geek coin
to buy weed.
I know this forum is more like a cult than a information channel what comes to honest opinions but I know there's others
on this forum who feel the same, almost all of us. Don't let your cult believer ego come in the way.

P60

full member

Activity: 378

Merit: 100

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Quote from: Liaalif on May 13, 2018, 08:43:19 AM

I do not at all feel buying bitcoin is a bad decision in my life. just by buying bitcoin for me is a brilliant decision because thanks to bitcoin I can change my life

For me, buying bitcoin was the best decision I've made and it will never be considered as a worst; because through Bitcoin, my way of life changed. I have gained profits and it keeps supporting me financially.

tamarindbleu

full member

Activity: 392

Merit: 100

Quote from: Titanos on May 13, 2018, 02:33:40 PM

Bad for you that you came to the market in a bad moment. Maybe now you wish you kept holding your funds, Bitcoin price multiplied many times the last 2 years.

I dont really believe that buying bitcoin was a worst decision to do, for me bitcoin is the best crypto and i know that bitcoin is can really help us to grow our money , and if we keep trusting on bitcoin i am sure bitcoin will help us to be profitable.

Shiversnow

full member

Activity: 688

Merit: 106

Quote from: ridery99 on October 11, 2015, 10:32:02 PM

How many of you can admit that buying Bitcoin was a worst decision of your life? I can. I'm approximately -50% in fiat funds now.
Sooner or later some type of bank chain or coin will come and gain mass adoption - while bitcoin still remaining a geek coin
to buy weed.
I know this forum is more like a cult than a information channel what comes to honest opinions but I know there's others
on this forum who feel the same, almost all of us. Don't let your cult believer ego come in the way.

Before I stepped on this industry, I accepted every risk and consequences that will happen to my life. And life is never perfect. But still, we are humans and our first instinct is to adapt in order to survive. I personally, will never regret joining the market for cryptocurrency. In every trade, investment or even every bounty campaign, we have the opportunity to grow. There are setbacks but for me, it is not a reason to quit.

Vertex_ICO

jr. member

Activity: 602

Merit: 8

I am sorry you feel that way. My advice would be to double down or just hold what you have and wait it out.

Apes

sr. member

Activity: 1316

Merit: 257

Quote from: neonshium on October 12, 2015, 12:07:37 AM

When you start loosing faith on bitcoin you might feel that buying bitcoin was a worst decisions. Think positively. Nothing bad happened over bitcoin eco system. Now you get a chance to triple your bitcoins with the same amount. You will get a better average price finally. Hold your bitcoin. There is a bright future ahead for you. Good luck.

I agree with you, it all depends on their way of thinking and if their way of thinking is negative with bitcoin they will get the losses because of mistakes when they buy or sell at the wrong time .. try always think psitif with bitocin because in every decision will always think smart to make a profit by taking action at the right time .. because I think bitcoin is always profitable if we think smart ..

abderrazak belkhir

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Activity: 1100

Merit: 169

Quote from: Possum577 on October 11, 2015, 11:06:44 PM

Have you considered doubling down and bitcoin cost averaging your position? You said you're down 50%, you could lower that percentage by buying bitcoin now at the 50% discount. Here's some math to help you think it through...

Hypothetical Initial Purchase: 2 bitcoins at $500 each (since you said you're down 50% right now).

Additional Purchase Option 1): Buy 2 more bitcoins at $245, total cost of your position of 4 bitcoins is $1490 and your total cost per 'coin drops to $372.50.

Additional Purchase Option 2): Buy 4 more bitcoins at $245, total cost of your position of 6 bitcoins is $1980 and your total cost per 'coin drops to $330.

Additional Purchase Option 3): Buy 10 more bitcoins at $245, total cost of your position of 12 bitcoins is $3450 and your total cost per 'coin drops to $287.50.

The real question is - do you think bitcoin will go up in value in the future? If so, you should "double down" and drop your cost to a level that you can break even on faster.

Yeah this is a profissionel idea...but the qeustion without answer is if the bitcoin will rise in the future...the answer of this qeustion is the desisive in this strategy

Spaffin

full member

Activity: 1316

Merit: 108

I wonder what opinion of the one who wrote in October 2015 that buying bitcoin was the worst decision in his life? Since at the moment he has the status of a hero, I think that he did not leave the crypto currency and long ago changed his mind, calling bitcoin fraud. Just do not understand why he did not delete this topic. If he then did not sell the purchased bitcoins, now he probably has a good profit.

olatslodi

member

Activity: 196

Merit: 10

For me, I keep on investing my earned coins plus I buy some as well. Because it always surpasses our expected price, Bitcoin price is always increasing at a uncontrollable rate. I will not regret it because I'm sure Bitcoin will bring you high profits in the future. The more you buy a bitcoin, the more income you'll get. I'm positive that bitcoin will increase its value in near future.

Titanos

full member

Activity: 208

Merit: 100

Bad for you that you came to the market in a bad moment. Maybe now you wish you kept holding your funds, Bitcoin price multiplied many times the last 2 years.

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