Topic: Buying Bitcoin was a worst decision of my life - page 12. (Read 16018 times)
Btc/altcoins are all long-term bets. bet for some future value of these things in the multi-year time frame
People place all their eggs into one basket and then think, why did I do that. It wasn't buying Bitcoins that was a bad decision. It was your lack of understanding that was bad. You could have replaced this with any trend and you probably would have done the same thing. Always have a plan when it comes to your money.
I don't care about what Bitcoin's worth. Bitcoin will never grow if everyone looks how much it is worth fiat money. Maybe you're losing thousand dollars everyday because 1$ lose 0,00045€ value everyday, but does it hurt you ?
Well it's easy for you to say that when you didn't lose half of your investment. This however hurts quite a lot when it happens.
I know it's OP's fault that he got into this investment when Bitcoin was in a bubble, but however a bit of compassion is not bad to have and show.
I've already lose money, and more than the half ! Hopefully it was not a lot of money, so I have stayed here. This is why only invest what you can afford to lose. This is what I did and it worked fine for me. I didn't had to sell my car or my house to cover my debts. Just was sad a moment.
Buying bitcoin is always not worst because if you have some patience then wait for a month or 2 months it may become some increases in your bitcoins. As i purchased 1 bitcoin when the bitcoin price rate is 211$ and now the bitcoin price is 271$ then just think how the bitcoin turns day to day.
But many people who have bought bitcoin in the range of $900 to $500 might need to wait more patiently for their buying rate at least. But in my opinion they must buy some more now so that they can get better average price. While selling also we should not sell at once.
Buying bitcoin is always not worst because if you have some patience then wait for a month or 2 months it may become some increases in your bitcoins. As i purchased 1 bitcoin when the bitcoin price rate is 211$ and now the bitcoin price is 271$ then just think how the bitcoin turns day to day.
Somehow he should have known what could happen. Dont expect too much of what you have. BE READY and be intelligent of what could happen. Stay positive.
Buying bitcoin is always not worst because if you have some patience then wait for a month or 2 months it may become some increases in your bitcoins. As i purchased 1 bitcoin when the bitcoin price rate is 211$ and now the bitcoin price is 271$ then just think how the bitcoin turns day to day.
i know that,and also will happen to me if i bought bitcoin with my "hot" money 
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.
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.
Well, the problem is... you bought them to hold. and the worst was you bought them at a bad time. You bought them when they were still pretty expensive and now you will have to wait if you want to see your other half of investment come back to your pocket. But don't dispair, if you hold them I'm pretty sure that the price will only go higher and higher from now on. You could see some retracements, and that's pretty a healthy event in any market. So, my advice is, hold them, hold them tight cause I really believe it will be possible for you will get at least double of your investment.
Agree that he bought them up at a bad time. Disagree with holding them. It is rather foolish to purchase coins to do anything else but to hold them. It is an investment or risk that you are trying to take. Holding is the only way in the world for that to work.
Its been a while since i got into bitcoin and at first i bought Bitcoin to buy hardware. I bought Bitcoin at 600$ at some point, but i did not hold them, i reinvested them, so now i'm earning what i bought in coin at that time every other month.
I think holding Bitcoin before you're sure of its base value is a mistake, meanwhile if you double your Bitcoin every year through investments, you'll end up with so much more money in 10-20 years if bitcoin really go up than letting bitcoin sit, collecting virtual dust for all that time.
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.
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.
Well, the problem is... you bought them to hold. and the worst was you bought them at a bad time. You bought them when they were still pretty expensive and now you will have to wait if you want to see your other half of investment come back to your pocket. But don't dispair, if you hold them I'm pretty sure that the price will only go higher and higher from now on. You could see some retracements, and that's pretty a healthy event in any market. So, my advice is, hold them, hold them tight cause I really believe it will be possible for you will get at least double of your investment.
Agree that he bought them up at a bad time. Disagree with holding them. It is rather foolish to purchase coins to do anything else but to hold them. It is an investment or risk that you are trying to take. Holding is the only way in the world for that to work.
well a lot of people have bought bitcoins when they were on bigger price though its rate might still rise and i hope it will happen soon
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.
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.
Well, the problem is... you bought them to hold. and the worst was you bought them at a bad time. You bought them when they were still pretty expensive and now you will have to wait if you want to see your other half of investment come back to your pocket. But don't dispair, if you hold them I'm pretty sure that the price will only go higher and higher from now on. You could see some retracements, and that's pretty a healthy event in any market. So, my advice is, hold them, hold them tight cause I really believe it will be possible for you will get at least double of your investment.
just spend what you can afford. Don't speculate! realize that the price can go up in the future and it can go down as well
Yes that is about investing in bitcoin in short term i think this is true, but if we plan to hold the bitcoins for long term period i think the prices will increase in some moment and can make the estimated profit
Yes with respect to bitcoin investments, the wrong decisions all would be turned into very much right decisions one day when the price of one bitcoin hit the price higher than your bought price. But the pleasing truth is, it is highly possible in very near future on the expectation of halving.
just spend what you can afford. Don't speculate! realize that the price can go up in the future and it can go down as well
Yes that is about investing in bitcoin in short term i think this is true, but if we plan to hold the bitcoins for long term period i think the prices will increase in some moment and can make the estimated profit
I just thought of something. Yes maybe he started when it is just starting. Give it a chance. It is just like work. You cannot be perfect at start you will need more knowledge and be trained by experience. Now it is getting stable. Perhaps he should go back.
You gotta realize you are making several mistakes, so you can't blame anything yet though. One- Don't buy in all in one thing, that is pretty much lesson number one of investing. Two- Just because you are down now doesn't mean you are for good, it could very well go back up.
Right, don't put all your eggs in the same basket. But BTC could also be considered "eggs" so you should place those too. Just keeping it, is just hoping they will gain value, which is in itself, a single basket.
There are lot of thumb rules in portfolio management. The foremost rule is split the investment across many instruments so that the risks associated would be minimized. The two pints you have stated are most common in an investor's financila management when prices go up everything would be normal.
You gotta realize you are making several mistakes, so you can't blame anything yet though. One- Don't buy in all in one thing, that is pretty much lesson number one of investing. Two- Just because you are down now doesn't mean you are for good, it could very well go back up.
Right, don't put all your eggs in the same basket. But BTC could also be considered "eggs" so you should place those too. Just keeping it, is just hoping they will gain value, which is in itself, a single basket.
You gotta realize you are making several mistakes, so you can't blame anything yet though. One- Don't buy in all in one thing, that is pretty much lesson number one of investing. Two- Just because you are down now doesn't mean you are for good, it could very well go back up.
just spend what you can afford. Don't speculate! realize that the price can go up in the future and it can go down as well
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.
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.
Even if Bitcoin goes to 1 penny I will still not regret having been involved. Given the underlying dynamics of the currency, the long term risk-reward ratio is incredibly lucrative. I consider it to a 0 or $100,000k proposition. Sure, something could replace Bitcoin or disrupt the network, but until then, I expect the long term fundamentals to continue driving the price upward.
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.
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.
Really it comes down to where do u place ur trust, corrupt fiat currencies or a currency which cant be altered on an elite fews whims.
Only people who believe in the latter will realize Bitcoin's potential future and hold long term for it to become a reality. If it never does, oh well at least it was a belief in a system better than fiat cronies.
If bitcoin or crypto simply fades away because noone wanted to do anything with it then... its proof of the reality everyone loves being a slave to "thesystem"(fiatland).
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