Topic: Buying Bitcoin was a worst decision of my life - page 7. (Read 16018 times)

very good point !

moronic bitcoin fanboyism is something very common on this forum.many people are looking to BTC like being a god

i always think that i will not buy bitcoin in my life.
because the price is unstable, so i'm just looking for btc not buying for btc to avoid big losses

I don't know why military power have to involved now in Bitcoin.. It is to early for that. The first step will be the banks and corporations, later people and at the end military industry. We are on the very beginning of first step. So no worries, everything will come in right time.

if you have so much money,you dont have to worry,but if you not,its true..that a worst decision

What can you tell now after the happening of the last 10 days? Have you again the same idea like that your wrote in your above main post? Bitcoin was 100% higher in price and if you were smart and were -50% in lost (in fiat money) had the "golden" chance to have +50% in fiat money. Have you done this? Have you sold your "hated" bitcoin? Or have changed your mind seeing that price and did not sold any of your bitcoins hoping for more?

I don't know what do you think now and if you again "hate" bitcoin but I can tell you that bitcoin "have heard" your plaint and gave you a sign of its potential. If you were able to understand it you must have now more clear thoughts in your mind about it. If not, I think that you will have always doubts about everything you will do in your life.

no need to feel sad. you are already very very very very lucky to earn so much for so little input at the start. when i know it, it is already 100$. and i lose a lot of btc in some investment in the digital world. it is so hard to earn in investment that time.

For me not at all. Bitcoin was great profit for me. My friends all invested in Bitcoin when it was just a couple of cents and there persuaded me to invest as well. Now I am grateful that they did that because back in 2010 I sold most of my Bitcoin for around $1000 and earned quite a lot of money from that. I am kind of sad now that I didn't sell all my Bitcoin but then again, Bitcoin is great for day to day life and online shopping.

try trading bTc and you get profit

Yep bitcoin mining is a very innovative industry, and because so fast so new mining equip comes out, you see a big deflation in prices.

Better plan carefully when buying some because it can halve in price quickly, and if you cant ROI from mining, then you lose your money fast.

bs.

time is money !

i cashed it all out when it was a grand a coin
glad i did too.

you guys don't know squat !

waiting 3 or 4 or 5 or 10 years for it to go back to $1,000 a coin is retarded.

why do you think banks charge interest on loans ?

the time you sit on your Bitcoins hoping to one day get rich is time wasted away and it's costing you.
your money can be put to work for you instead of sliding in reverse.

Bitcoin is perishable.. it goes moldy and rots. LOL

ALL of you need to speak to a real investment professional about basic common sense when investing.
It's really simple here kids.. you invest in something the longer it takes you to get a ROI the worse off you are.
TIME IS MONEY !

wake up guys and stop spewing moronic bitcoin fanboyism (because your clueless desperate bag holders)

the worst thing you can do with Bitcoin is sit on it (if you want to profit)
If you are a supporter or something then that is a whole other thing.
If you are a supporter it won't matter what the exchanges say the price is.
IF you came to siphon profit from the bitcoin machine and it bit you then too bad.. that is what you get for being greedy.

You only lose when you click sell.

And the guy on page 1 made a good point about doubling down.
If your in it for profit you should be able trade your way out of the mess (if you didn't do too much damage)
wanna play the money game then you better be skilled and have your game face on and be ready to battle to the end.
or cash out for a loss and cry like a bitch LOL

Never seen any of my investments as a regret if I did then I would never have invested in the first place.
And that is all I see bitcoin as an investment.
It rises in value and can decrease which way the wind blows. So take your risk into it and just pray it goes your way. Is that not how life challenges are most of the time  

Buying Bitcoin was not the worst decision of your life, though choosing to buy Bitcoin when it was in the midst of a huge upswing (almost always a bubble) was not the most prudent of choices.

This is not a negative reflection upon Bitcoin as much as it was your ignorance of market swings and bubbles.

I don't regret one bit for buying the bitcoins that I have. I heard about it on the news 2 years ago and was wanting to buy some things online so I tried it out and love using it. Not looking back now.

stage one
Yeah, what would be the odds of banks with a lot of capital and military power behind them finding out, that you can't really stop bitcoin. And trying to build their own bitcoin is pointless, since bitcoin already has the most adoption of them all.
stage two
What would be the odds of that military power being used to distract people to maintain economic supremacy.
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The odds are stacked against us. But I guess internet has a way of snooping around and leaking important documents. I guess it would just be a matter of time when people find out the real reasons why that war happened. Not saying that it's going to happen 100%, I'm just saying that the odds are there.

It depends on what shares you're buying .. if company is in trouble - you lose. If company is growing - you gain. Bitcoin is still at an early stage. There is no other way, only further development .. Well unless the total apocalypse, but this is little possibility.

So OP, how much fiat funds did you lose and did you get it back with the pump.

Don't know if you have got your funds back as bitcoin price had increased to $500 but you should take it as a lesson. Don't invest in bitcoins or any other currency/website an amount that you cannot afford to loose. If you invested once and lost, leave it as the money gone might not be recovered. I don't know why do people keep saying to hold bitcoins for years as it's not worth waiting.


I'm sorry but I don't agree that one should keep waiting for years. My own family member has been holding shares for the past 10+ years and now he is in loss of $26000. He's still stubborn and doesn't want to sell at the current price. Waiting is OK but there should be a limit set.

Ofcourse it is all about moment to buy/sell, but when bitcoin was running up to $1200 came to the community many people how was looking for fast and easy money. Then when price follow down they just escape with losses. It is mistake because Bitcoin have a bright future and price will be growing.. It is just matter of time..

He should have bought bitcoin, not a miner.

Yes an equipment investment is bad if you get outpaced. I bought my old PC for 300$, and now its worth like 50$ , so what?

You bought it in order to get rich from it, well bad luck.

The thing is when to buy and when to sell and on those two sides being able to grow your portfolio,some people had invested xxx ammount with fiat and the buy and sell they had taken those money,soo now they play with pure profit.Bitcoin will keep grow as its interest keeps growing and mining getting harder day by day.