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Topic: Buying Bitcoin was a worst decision of my life - page 8. (Read 16018 times)

legendary
Activity: 2884
Merit: 1117
I saw people selling huge amounts after the 100$ barrier increase,and after 10 minutes it got stabilized.
newbie
Activity: 3
Merit: 0
Buying Bitcoin was thee worst decision of your life, but it's not bitcoins fault u decided to buy at such an incredibly high price, while you bought at that price someone else sold and they made money while you lost.
legendary
Activity: 1204
Merit: 1028
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.
You are insane. First, by putting 50% of your fiat on Bitcoin, when it's volatile as hell, second, to think Bitcoin will get replaced by anything. No, Bitcoin is here to stay, and you will eventually be +1000%, but of course, people like you lack the patience.
member
Activity: 80
Merit: 10
Bitcoin is like playing roulette.
sr. member
Activity: 826
Merit: 263
Your points make non sense.
full member
Activity: 140
Merit: 100
Many people have invested in Bitcoin at a time when the price was $ 1000 +. At this point, certainly you can feel disappointed, but I am sure that in the long run no one will lose on Bitcoin.
legendary
Activity: 1442
Merit: 1016
If you time the market right, you'll be earning at least 500% returns.

Yes this might be the case.But that would be more having luck than achieving it by skills.
This market is very unpredictable imo, and we all here who particpate in it know this I hope.
hero member
Activity: 560
Merit: 500
At bitcoin those investment can be recovered on the next years as we see bitcoin is getting a big value ,and well its future is grow even more.
legendary
Activity: 1176
Merit: 1005
Decentralized Asset Management Platform
I don't like extremes. You probably chose to enter the "bitcoin" game.You could have entered the gambling game, the stock markets game and so on. Nothing is guaranteed around here: it took me 3/4 months to study bitcoin before puting a single cent inside. Noting is easy and nothing will never be that way.
I'm sorry you lost your money but this could have happened iwth so many other things.
hero member
Activity: 504
Merit: 500
I believe that at least once in the upcoming years the bitcoin price will reach again $1,000 as it was before.
To prove that the price can be even more higher that it was, and to make ROI at least for early holders.
Maybe buying at this time will become the worst action but who knows many things can affect the price.

There is no doubt in my mind that we will cross $1,000 one day again. Actually more and more I am starting to realize that $10,000 isn't some huge number anymore. Bitcoin will reach this as well, I am sure of it!

Well $10,000 for now is a huge amount of money.
I missed the chance to sell at 400s so a bit disappointed with myself.
But good days of course will come and bitcoin will rise, but $1,000 for sure.
sr. member
Activity: 350
Merit: 250
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'm sorry this did no work for you. I'm assuming you bought Bitcoin during the Mt'gox fake bubble and now BTC has not gone back up? Myself i purely reinvested all the BTC i bought and got and it is working very well for me.

I hope you can find a way to make BTC work for you...
Sorry to hear your story bro. But the point of a BTC market is the lows and ups. What would be the fun in it if it was straight up. Better do your market research to see the depth before you jump in.
full member
Activity: 140
Merit: 100
for me bitcoins are a great currency and they provide awesome way of earning also. But, for some people it has become a worst decision for them. Here are the reasons why:
(1) They invested in bitcoins. Rate went down and they had huge loss.
(2) They became victims of fraud or scam.
(3) their transactions got stuck in limbo forever (happens very very rarely though)
(4) They lost their wallet(there are many cases who are new to bitcoin)
legendary
Activity: 1904
Merit: 1074
If you time the market right, you'll be earning at least 500% returns.

Where are you getting that kind of returns? The only people I know of, who might have seen that kind of numbers are the very early adopters. There are a lot of hype going around,

saying the price will skyrocket, but there are no solid guarantees for that. The last "bubble" were not even close to that for the people who bought Bitcoins within the last year.

A lot can happen and we should rather warn people about the volatility and the risk involved with investing in Bitcoin. A informed person, will make a wise decision. It is after all, just

a experiment.  Roll Eyes
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
Buying Bitcoin was not worst decision for me. U bought them for purchasing Miner and from that time I can`t complaint.
I wish I had invested in miners. Atleast I would have something physical to own and know it will make me something in return even if it low at first. But the coins that they make will accumulate in value over time, so that is a true investment in my opinion.
legendary
Activity: 924
Merit: 1002
Buying Bitcoin was not worst decision for me. U bought them for purchasing Miner and from that time I can`t complaint.
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
High returns if bought at the right time. You need to do some research before doing it or you will suffer like many have in the past month, including myself.
member
Activity: 104
Merit: 10
If you time the market right, you'll be earning at least 500% returns.
legendary
Activity: 1554
Merit: 1054
Buying loads of coins at around $100 was not a bad decision for me. Smiley
It was pretty clear that the $1000+ prices were a bubble, I sold most when it hit $1100, I believe.

Just kept a few to play around with and tripled them over time.

Timing the market is difficult.
Best is to hold a few coins and benefit from long-term price appreciation.

Yes holding for long-term is the only solution to erase your mistakes of buying at higher prices. In bitcoin many people have done buying  around $1000. But in my view they are not the worst decisions, because bitcoin have the bright future.
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
Buying loads of coins at around $100 was not a bad decision for me. Smiley
It was pretty clear that the $1000+ prices were a bubble, I sold most when it hit $1100, I believe.

Just kept a few to play around with and tripled them over time.

Timing the market is difficult.
Best is to hold a few coins and benefit from long-term price appreciation.
legendary
Activity: 2492
Merit: 1018
This is the time when those who regret buying the bitcoin will start to regret more now that it start to rise again and may reach $500+.
I even regret that I've lost some of mine thru gambling.
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