Help? | Bitcointalksearch.org

mootinator

sr. member

Activity: 274

Merit: 250

Quote from: Two4D on November 18, 2013, 05:24:35 PM

Its $620...what happened for it to rush so high? You guys think this is still a good price to buy in or should I wait and hope for some fall?

I'll let you in on a secret. Nobody knows what's going to happen. Some think 1BTC could reach 7 figures long term, and many, many more (the billions of people who don't actually understand bitcoin plus some who do) think it's too high already. What everyone thinks today doesn't matter. Not one iota.

Two4D

full member

Activity: 140

Merit: 100

Its $620...what happened for it to rush so high? You guys think this is still a good price to buy in or should I wait and hope for some fall?

Crazy

full member

Activity: 182

Merit: 106

Not just in BTC, but most areas of life... if people knew then what they know now, they would obviously modify their decision to be the most advantageous. Stop thinking along those lines, it's obviously impossible.

NUFCrichard

legendary

Activity: 1218

Merit: 1003

Quote from: Two4D on November 18, 2013, 12:44:43 PM

I have so many mixed feelings going on right now @ $595..................

I have calculated and could have about $12k right now if I bought in at $60...those feelings...

Hindsight is 20:20, learn for next time.
For what it's worth I have messed up loads of alt trades in the last month or 2, I did what I thought was best at the time though.

sgbett

legendary

Activity: 2576

Merit: 1087

Quote from: mootinator on November 18, 2013, 12:34:27 PM

Quote from: piramida on November 18, 2013, 12:14:53 PM

PS actually, if you just want to know how to deal with you killing yourself for not acting, it's simple - remember that feeling, and act next time. Beauty of bitcoin is that it already gave 5 very good buying opportunities during last several years. That's 5 times you could've bought coins and get at least 10x increase in value. So just wait, opportunities are many.

This is pretty sound advice. I regretted not buying AAPL at $80.86. $20 BTC looked overpriced to me, but I bought a little anyway to avoid the same regret of not acting at all. Really though, never invest more than you can afford to lose.

The *best* and only advice. Figure out how much money you don't mind losing, then buy. Then wait.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

12k?

first I heard about bitcoin when it was at $1, could have invested 100k then. Would be worth 70 million now, securely retired on a private island. But life does not work like that. You already did not do it, no amounts of regrets would change that. Learn the lesson, move on, be smarter next time. Your feeling is one, it's called greed

You need to be responsible for each of your decisions (and indecisions are decisions too).

Crazy

full member

Activity: 182

Merit: 106

Quote from: Two4D on November 18, 2013, 12:44:43 PM

I have so many mixed feelings going on right now @ $595..................

Everyone does, and no one knows the future regardless of how adamantly they'd argue otherwise.

Two4D

full member

Activity: 140

Merit: 100

I have so many mixed feelings going on right now @ $595..................

I have calculated and could have about $12k right now if I bought in at $60...those feelings...

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: mootinator on November 18, 2013, 12:34:27 PM

Really though, never invest more than you can afford to lose.

That would be the next lesson Grin

it has been pretty hard to lose anything with bitcoins so far, though. Not that it's impossible in the future.

mootinator

sr. member

Activity: 274

Merit: 250

Quote from: piramida on November 18, 2013, 12:14:53 PM

PS actually, if you just want to know how to deal with you killing yourself for not acting, it's simple - remember that feeling, and act next time. Beauty of bitcoin is that it already gave 5 very good buying opportunities during last several years. That's 5 times you could've bought coins and get at least 10x increase in value. So just wait, opportunities are many.

This is pretty sound advice. I regretted not buying AAPL at $80.86. $20 BTC looked overpriced to me, but I bought a little anyway to avoid the same regret of not acting at all. Really though, never invest more than you can afford to lose.

oOoOo

full member

Activity: 238

Merit: 100

Quote from: Two4D on November 18, 2013, 11:40:27 AM

I was there when the bitcoin was about $60 and I didnt bought any, now its over $550, feelings are killing me...any advices?

Don't worry. It's gonna go down soon enough. (prob. not to 60 thou)

antimattercrusader

sr. member

Activity: 308

Merit: 250

Buy what you can afford now, and hold for 5 years. If it drops to 50 tomorrow, do not panic sell under any circumstances. You have not lost until you sell or until bitcoin is dead. In fact, if any large scale crashes happen, it's another buy opportunity.

Keep these two points in mind:

- If bitcoin goes to 0, and you did NOT invest what you couldn't afford, then it's a minimal loss that won't ruin your life.
- If bitcoin goes to 10k, then you've made a decision that will change your life for the better, make you wealthy even. However, do not invest more than you can afford to loose. That is hte biggest mistake people make. Do not buy with loans, credit cards, money for food, etc. This way, if it does crash you don't panic and make a stupid call (sell). Hold until the cows come home, odds are you won't regret it.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Wait until it rapidly grows to 1000, buy then, then sell in panic when it crashes to 300. That;s how it's usually done here.

Now, if you would like to make some profit instead, reverse the sequence.

PS actually, if you just want to know how to deal with you killing yourself for not acting, it's simple - remember that feeling, and act next time. Beauty of bitcoin is that it already gave 5 very good buying opportunities during last several years. That's 5 times you could've bought coins and get at least 10x increase in value. So just wait, opportunities are many.

GigaCoin

sr. member

Activity: 308

Merit: 251

Giga

Quote from: Two4D on November 18, 2013, 11:40:27 AM

I was there when the bitcoin was about $60 and I didnt bought any, now its over $550, feelings are killing me...any advices?

Don't look back that's all i can tell you, sure you might not make the same massive returns, but you can make the most of it. Bitcoin is still cheap, buy whatever you can afford to buy and hold for the next couple of years.

Crazy

full member

Activity: 182

Merit: 106

Quote from: JimboToronto on November 18, 2013, 12:04:20 PM

No one said anything was inevitable. I merely pointed out an historical fact.

Go talk to any investor or money manager and tell me what the first thing they tell you is.

Crazy

full member

Activity: 182

Merit: 106

Why don't you post the inverse of that? Or does your position not allow you to see the downside?

chrsjrcj

full member

Activity: 280

Merit: 102

December 12, 2014

Help! I had the opportunity to buy at $600, but didn't buy any. Now it's over $10,000 and I feel like $#!%.

Crazy

full member

Activity: 182

Merit: 106

Funny thing is I've been around long enough to see all the "badass bulls" turn to whiny bitches when they see their money flying off into the distance as the air slowly wheezes out of their mania filled binges. The easy part is talking like a badass online and insulting others who you don't know (clearly compensating for small dick or pitiful life?). Why don't you do the hard stuff and go pick a fight with someone in real life. Brb going to take a shirtless pic for my avatar like a douchebag.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Quote from: Crazy on November 18, 2013, 12:00:51 PM

Quote from: JimboToronto on November 18, 2013, 11:56:40 AM

Quote from: Crazy on November 18, 2013, 11:49:08 AM

Quote from: JimboToronto on November 18, 2013, 11:45:34 AM

Buy now and hold for at least two years.

Nobody who has done that has failed to achieve a handsome profit.

There is no guarantee of that, at all. It can just as easily go to $100 or $0. Don't make such a decision lightly.

It has never gone to zero.

It has always increased over two years.

Oh, I see. This time is different. **facepalm**

No, the point is there is no this time, or last time, or look at the past, or look at this. Every instance of "time" is unique, so to think something is inevitable is foolish.

No one said anything was inevitable. I merely pointed out an historical fact.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Quote from: Hyena on November 18, 2013, 11:55:56 AM

Honestly, I don't feel even a bit of pity towards bears. That's what you get for not having balls and guess what, bitcoin is not the only opportunity you will lose in life for being a coward. However, current price of BTC is very cheap so don't worry and just buy in. I suggest buying Peercoins too! And should the price drop down to 100 don't take the loss, just have patience to wait.

Post of the day.

Don't blame bears for the fact that they have no balls, though.

Most of them are just whiny little children. Give them time to grow a pair.

Topic: Help? (Read 1682 times)