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Topic: Buying Bitcoin was a worst decision of my life - page 5. (Read 16018 times)

jr. member
Activity: 178
Merit: 1
You buy Bitcoin at a price lower than the price today so it's not something you regret. You can also make a profit with Bitcoin at any price. If you think it is a bad decision to invest inbitcoins then I think you must have done something wrong. Now you get a chance to double your bitcoin by the same amount. You will get a better average price eventually. Hold your Bitcoin.
member
Activity: 280
Merit: 10
I think to pick the bitcoin in life when you feel it is good to buy for example it is right time and best option to buy bitcoin because it is seeing that the bitcoin price is in correction and it is down with difference of $1500 from $10.000 to $8500 and you have good time to buy because after correction it will again go to the moon,
legendary
Activity: 1330
Merit: 1019
it depends on the time you bought the BTC, in a time it was $1000 so definitely that's a loss in fiat value at time to BTC fiat value now but if a person bought at $250 he/she would be already in good profit right now.
Very true, if we trade Bitcoins then there will be ups and down rates and will not be same at any time like the shares market. If  some one know that the rates of Bitcoins is going down and down that time he should take it out at certain period of time.
member
Activity: 70
Merit: 10
it depends on the time you bought the BTC, in a time it was $1000 so definitely that's a loss in fiat value at time to BTC fiat value now but if a person bought at $250 he/she would be already in good profit right now.
legendary
Activity: 1400
Merit: 1001
If you think bitcoin is not worth a shot. You obviously don't know story about bitcoin's pizza. (That topic is still floating around marketplace section.)
All you have to know is: some bitcoin user bought 2 big pizzas for 10.000 BTC and four years later these coins would be worth around $5 million.
Now tell me that bitcoin is not worth holding.
sr. member
Activity: 420
Merit: 250
Well buying an asset at the all time high is never a good idea. Or a risky idea.
So in a way you are to blame yourself by panic buying bitcoin...
legendary
Activity: 3374
Merit: 1824
Right now, buying bitcoin is investment for the future.
If you buy now, when bitcoin is still relatively unknown, you can't expect to much, specially not some big profit.
This will change once bitcoin becomes mainstream.
So patience is virtue here Smiley
hero member
Activity: 518
Merit: 500
did you buy it when its $1200 ?

Then i have nothing to say about you lol .

You have to be pretty stupid to buy bitcoins at $1200. That is pretty much the highest price you could have bought it for. I bought bitcoin for $100, so I have already made a lot of profit, but I am still waiting for the price to go higher.

i am not sure if your bitcoin worth $100 still held, how much you bought when bitcoin price around $100?
no doubt you are already sold half or more of them isn't it?
i put a high respect to people who bought bitcoin when the price reached on highest ever, it mean that person totally believe bitcoin price will always going up , even it must started with the down trend price for years. it's a sacriface and they are the real bitcoiner.
legendary
Activity: 1036
Merit: 1001
/dev/null
I learned a lot about cryptography, currencies, linux and open source and lost dozens of BTC due to gox, BFL, KNC and avalon chips.

well, it was not so bad to go in with thousands of USD but I will not do it again for sure..
hero member
Activity: 518
Merit: 500
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.
bitcoin are you bought when the price $ 700 or up? yes you are worth mention that buying bitcoin is a bad decision, and even then if you sacrifice a lot of things to buy. but for now, I am sure it was not a bad decision if you come back to buy bitcoin.
member
Activity: 98
Merit: 10
after watching the Big Short- great movie btw, I realized that the housing market crash and the bailout were the cause of delusional thinking. I am buying Bitcoins not because I am thinking they will be a million dollars per coin in 10 years, but because I know that they will change our current loopy system of money we have today and That Bitcoin is a better investment than Gold, Dollar, and Silver.
that's why i also want to save bitcoin as much as i have people invest in gold and Dollar and silver because they are consistante and stable but screw that i am gonna get rich or die trying as 0,001173BTC sad i also i will watch this movie tonight i download it yesterday
sr. member
Activity: 343
Merit: 254
From The New World
after watching the Big Short- great movie btw, I realized that the housing market crash and the bailout were the cause of delusional thinking. I am buying Bitcoins not because I am thinking they will be a million dollars per coin in 10 years, but because I know that they will change our current loopy system of money we have today and That Bitcoin is a better investment than Gold, Dollar, and Silver.
legendary
Activity: 1137
Merit: 1035
Bitcoin accepted here
The problem is always the same: when buying BTC, you have to:

- spend only what you can afford to lose

- save your newly bought BTC for the long term (no get-rich-quick schemes, no gambling, etc)

Unfortunately most people will break at least one of the rules, so you will always see threads like this.
hero member
Activity: 952
Merit: 1000
No. In fact it's the best decision in life I've ever made.  Embarrassed

Yes buying bitcoins can never be a wrong decision to make and I believe whenever possible we should keep on buying bitcoins in small amount as the value of bitcoins would increase in future for sure So we are definitely gonna make some profits out of it as if you buy bitcoins you are also saving money and also it can be a great future investment.
legendary
Activity: 1344
Merit: 1000
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.

Fud
legendary
Activity: 1666
Merit: 1001
Up until now, i still havent feel its a bad decision to buy bitcoin,

in fact i think its my luckiest day that i encounter bitcoin and buying bitcoin at few months ago,

because i already make profit with the bitcoin i bought
full member
Activity: 211
Merit: 100
No. In fact it's the best decision in life I've ever made.  Embarrassed
sr. member
Activity: 392
Merit: 250
did you buy it when its $1200 ?

Then i have nothing to say about you lol .

I think buying bitcoin with such price is really worthless; but nowadays even buying it with the current price could be profitable, because we expect the prices will increase soon, especially after the next halving

It will go up much over $1200. Just need time. Maybe next year, or maybe two years from now.
hero member
Activity: 742
Merit: 500
did you buy it when its $1200 ?

Then i have nothing to say about you lol .

I think buying bitcoin with such price is really worthless; but nowadays even buying it with the current price could be profitable, because we expect the prices will increase soon, especially after the next halving
member
Activity: 112
Merit: 10
did you buy it when its $1200 ?

Then i have nothing to say about you lol .

You have to be pretty stupid to buy bitcoins at $1200. That is pretty much the highest price you could have bought it for. I bought bitcoin for $100, so I have already made a lot of profit, but I am still waiting for the price to go higher.
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