The price of bitcoin will continue to grow. Need to buy some, but I suggest to buy when it falls. Almost every week we see a jump. Wait for maximum drop and buy. Last week we saw a drop to $ 1,900. Now we need to wait for the fall to 2000-2100 dollars.
sad also know about it. but alt coin that is generally not the best unless you are sure that one day the coins you have will have no value and there are in stock. even though the value will go up or down but it's not too bad because I am sure that it will continue to grow even when falling though will still increase. 
Topic: Feeling the burn (Read 1613 times)
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Not only you in this world who feels the pain like that LOL, mine have the same case as well 
. But well, keep on heading the future, maybe we'll get the second chance.
And about buying while at the rates of about $2400. Probably you've got the profit of $400 for each BTC today but well, if you're not yet buying it, alright then. The price is now currently on its peak and really vulnerable to recent correction to be coming. TBH from my opinion, not a good idea to buy the bitcoin right now. The price rather too expensive and make our investment worth a little, but if you're believing that the price will always go up by the time. Just try then.
There's some news that Russia is now accepting Bitcoin, may be a good reference tho.
. But well, keep on heading the future, maybe we'll get the second chance.And about buying while at the rates of about $2400. Probably you've got the profit of $400 for each BTC today but well, if you're not yet buying it, alright then. The price is now currently on its peak and really vulnerable to recent correction to be coming. TBH from my opinion, not a good idea to buy the bitcoin right now. The price rather too expensive and make our investment worth a little, but if you're believing that the price will always go up by the time. Just try then.
There's some news that Russia is now accepting Bitcoin, may be a good reference tho.
I had about 6.7 BTC back in 2014 or so at a price of about 1600$ I was down about 250$ and then I kept seeing litecoin go up 20% a day and jumped into that... then it spiked at 7.5$ or so... and then it dumped down to about 4$ I lost 700$ or so... and then kept playing around and finally got out with about 200$ left. About 6-8 months later BTC went to 300... and it's been rising ever since.... now i'm feeling the burn.
I should have never bought LTC...
I learned a lot about economics and had a lot of fun trading, even though I lost.
I was considering maybe jumping in again with 1000$. I'd probably go back to bitfinex.
Try some longs or shorts.
Thing is I probably would have bought ealier but you can't buy if you have no money.
Now I got some but i'm in China, and exhanges here still seem reticent on withdraws.
I dunno what do ya'll think? Buy in at 2400$?
Altcoin market is more volatile than bitcoin.Most altcoins are just pumped and dumped.So it would be better to hold bitcoins.If we see the previous price history of bitcoin,we could clearly see that bitcoin price has increased gradually from time to time.So better buy bitcoins.Bitcoin price is expected to reach $5000 soon. I should have never bought LTC...
I learned a lot about economics and had a lot of fun trading, even though I lost.
I was considering maybe jumping in again with 1000$. I'd probably go back to bitfinex.
Try some longs or shorts.
Thing is I probably would have bought ealier but you can't buy if you have no money.
Now I got some but i'm in China, and exhanges here still seem reticent on withdraws.
I dunno what do ya'll think? Buy in at 2400$?
I feel sorrry about it dude but what will you do now, just leave it in the past and move on, it's sad to loose like that but I will recommend that going forward you buy and keep bitcoins irrespective of what techniques or strategies that someone might prescribe to you, just keep believing and in sure you'll recover your losses along the way as Bitcoin soars forward.
First off I just want to say Trading is not a place for newbies to play around because real money is at stake here. Everything must be in your control from your plans even to your emotions must be always in check. Tradings is not following the hype but following your plans which will soon create the hype (if you are correct). Finally another alternative for Trading is Sitting and Holding (which is also called Investing) no matter what news you see or what hype you see about other Altcoins you must hold your position and be optimistic about it growing overtime.
I guess now, its too late to turn back. Irrespective of how much you want to blame yourself I am sure you are not the only one in the same position as almost every one would have fallen to that at one point or the other and that's why threads about bitcoin regrets is always full with several experience in a matter of hours. The most important is what do you make out of it? Do you want to still continue whinning about it or moving on?
I had about 6.7 BTC back in 2014 or so at a price of about 1600$ I was down about 250$ and then I kept seeing litecoin go up 20% a day and jumped into that... then it spiked at 7.5$ or so... and then it dumped down to about 4$ I lost 700$ or so... and then kept playing around and finally got out with about 200$ left. About 6-8 months later BTC went to 300... and it's been rising ever since.... now i'm feeling the burn.
I should have never bought LTC...
I learned a lot about economics and had a lot of fun trading, even though I lost.
I was considering maybe jumping in again with 1000$. I'd probably go back to bitfinex.
Try some longs or shorts.
Thing is I probably would have bought ealier but you can't buy if you have no money.
Now I got some but i'm in China, and exhanges here still seem reticent on withdraws.
I dunno what do ya'll think? Buy in at 2400$?
I should have never bought LTC...
I learned a lot about economics and had a lot of fun trading, even though I lost.
I was considering maybe jumping in again with 1000$. I'd probably go back to bitfinex.
Try some longs or shorts.
Thing is I probably would have bought ealier but you can't buy if you have no money.
Now I got some but i'm in China, and exhanges here still seem reticent on withdraws.
I dunno what do ya'll think? Buy in at 2400$?
Thats a sad thing which happened into you but im sure you are not the only one who experience such loss because this is really a part of learning process on doing trading.For now i would say its not a bad idea to buy on the current price as long you can afford it to buy some but if you ask me ill wait little further on a certain dip of the price maybe 2100-2200 to really make shorting on a little span of time to secure profits later on.
Feeling burn is like a loser.No chance of success.Its like he lost everything.Like if your in a job you feel no hope in everything you do,you feel useless and you dont feel on what you're doing,you dont feel comfortable.
I used to say that it is not too late to get on board even the price of bitcoin is high. However these last days, I feel no assurance for bitcoin. Due to its uncertainties, engaging in bitcoin or not is a tough decision to make. We have the scaling on August first and the rumor spreading that an alt coin might overtake bitcoin's place. To an experienced bitcoin user, he may think that all will pass and bitcoin will succeed. However, in times like this, being wise is the best weapon you can get. If you will invest again in bitcoin, be wise and monitor its every step. You cannot be too sure so play wisely.
I think you have to decide first if you are on for the long haul or if you still want to "jump in", in which case you ought to set a "jump out" target. Longer than 6 months and you can definitely buy in now even at 2500.
While you think and doubt - the price is growing. You just waste time. Just buy bitcoin and do not think about what happened in the past. Now the price will go up all about it say. You still have a chance to make money on it. If it makes you feel better, I'll tell you that I also plan to buy bitcoin now
Lol me too. Overthinking would make us lose the right chance to profit. The price may be a bit expensive right now but it may very well be worth it in a couple of months if you buy now. Waiting would most likely leave you in regret
WOW this is crazy this morning price was $2400 and since OP posted until now it has increased $146 according to
Coinmarketcap.com, I don't know why some people wont cherish LTC as it has 2 minutes delay for confirmations.
I want to know what is exactly stopping it's price to reach $1000 even with it being the silver to the gold of crypto?
Altcoins don't just shoot up in value and the "LTC is the silver of crypto" meme was something back when LTC was relevant in the crypto economy, not now when it has been replaced by a ton of other cryptos. The only thing LTC has going for it now is Segwit, and that won't pump it up to $1000.Coinmarketcap.com, I don't know why some people wont cherish LTC as it has 2 minutes delay for confirmations.
I want to know what is exactly stopping it's price to reach $1000 even with it being the silver to the gold of crypto?
A lot of community speculation helps to increase the value as well. If they don't have a ton of enthusiasm from the community, the value won't just magically get to a point.
I feel your pain. I converted some of my bitcoins into FIAT back in the day when it was around 1k$. Also took the FIAT from the bank cuz i hate banks.
Guess what have i done few days ago... I actually bought my bitcoins back from 2800$ with the same amount of FIAT i got before.
This is how i executed the master troll trading secret recipe: Buy high, sell low.
I learned it by the hard way. If you ever going to sell your bitcoins, that should be your final move in your crypto life.
Guess what have i done few days ago... I actually bought my bitcoins back from 2800$ with the same amount of FIAT i got before.
This is how i executed the master troll trading secret recipe: Buy high, sell low.
I learned it by the hard way. If you ever going to sell your bitcoins, that should be your final move in your crypto life.
I dunno what do ya'll think? Buy in at 2400$?
I wont risk entering when the price is so pumped up,i would rather wait for the right moment to invest,because it is all about timing,what i would do is find a good alternative and invest in that for the time being and multiply my money their rather than waiting for the correction and that is my advice to you. 
WOW this is crazy this morning price was $2400 and since OP posted until now it has increased $146 according to
Coinmarketcap.com, I don't know why some people wont cherish LTC as it has 2 minutes delay for confirmations.
I want to know what is exactly stopping it's price to reach $1000 even with it being the silver to the gold of crypto?
Coinmarketcap.com, I don't know why some people wont cherish LTC as it has 2 minutes delay for confirmations.
I want to know what is exactly stopping it's price to reach $1000 even with it being the silver to the gold of crypto?
There are always opportunities everywhere. It burns to know of one opportunity missed while being unaware of the hundreds or thousands of opportunities also missed that were just as good.
You missed the opportunity to buy when bitcoin dip to as low as $1800 a few weeks ago and now is has recovered to $2500.
Not just missing this opportunity, it seems OP is missing almost all the opportunities, bitcoin has brought to us just due to lack of faith with bitcoins. There are people who are just holding that bitcoin into cold storage and forgetting completely about it but still just watching price movements and enjoying their big returns with bitcoins.Only if we are believing into bitcoin, I guess we can make our fortunes. If we keep on switching over to other investments/altcoins just to catch seasonal growth, we may end up missing out like how OP did.
You missed the opportunity to buy when bitcoin dip to as low as $1800 a few weeks ago and now is has recovered to $2500. But just like what I advise others, if you have to money to buy, then go get bitcoin because the chance of it increasing is very likely. And also you should invest what you can afford to lose. So at least you mitigate your risk when things went up downhill. You can also buy just a small portion and try to observe the market trend. So in case their is a dip, it will not be a big loss for you. Goodluck mate. It is still your decision to buy or wait.
The price of bitcoin will continue to grow. Need to buy some, but I suggest to buy when it falls. Almost every week we see a jump. Wait for maximum drop and buy. Last week we saw a drop to $ 1,900. Now we need to wait for the fall to 2000-2100 dollars.
I had about 6.7 BTC back in 2014 or so at a price of about 1600$ I was down about 250$ and then I kept seeing litecoin go up 20% a day and jumped into that... then it spiked at 7.5$ or so... and then it dumped down to about 4$ I lost 700$ or so... and then kept playing around and finally got out with about 200$ left. About 6-8 months later BTC went to 300... and it's been rising ever since.... now i'm feeling the burn.
I should have never bought LTC...
I learned a lot about economics and had a lot of fun trading, even though I lost.
I was considering maybe jumping in again with 1000$. I'd probably go back to bitfinex.
Try some longs or shorts.
Thing is I probably would have bought ealier but you can't buy if you have no money.
Now I got some but i'm in China, and exhanges here still seem reticent on withdraws.
I dunno what do ya'll think? Buy in at 2400$?
I should have never bought LTC...
I learned a lot about economics and had a lot of fun trading, even though I lost.
I was considering maybe jumping in again with 1000$. I'd probably go back to bitfinex.
Try some longs or shorts.
Thing is I probably would have bought ealier but you can't buy if you have no money.
Now I got some but i'm in China, and exhanges here still seem reticent on withdraws.
I dunno what do ya'll think? Buy in at 2400$?
I had a similar situation. I bought a lot of bitcoins back in 2013 at around $200-$300 a piece. So I had about 10 bitcoins then I gambled it away. That wasn't that big at the time so I was ok with it. Now, the prices are at this levels, I feel the burn of wasting that much of it. I could have profited big time if I just kept it with me.
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