I bought all my bitcoin over $1,000 | Bitcointalksearch.org

xephyr

sr. member

Activity: 285

Merit: 250

Quote from: Michael Robinson on January 07, 2014, 10:21:00 AM

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Now it appears to be crashing again.

Ay yi yi. I am beginning to think this is all just a grand conspiracy to screw with me.

If you think litecoin is undervalued at present consider using half your bitcoin to buy litecoin. Never hurts to diversify.

zachcope

full member

Activity: 209

Merit: 100

Forget about the short term.
Think about the hyper long term, say March or April 2014.
Grin

ThatDGuy

hero member

Activity: 728

Merit: 500

Quote from: Michael Robinson on January 07, 2014, 10:21:00 AM

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Now it appears to be crashing again.

Ay yi yi. I am beginning to think this is all just a grand conspiracy to screw with me.

If you believe in BTC, best thing to do is just buy and put it somewhere you can't touch it. You start to worry about what happens day to day and week to week less.

I did what you did for a while after buying in the $200s on the way up to $266 back in April.

Now I don't have to ride that rollercoaster you mentioned anymore!

BitchicksHusband

sr. member

Activity: 378

Merit: 255

We averaged around $120 at first and we were upside down all summer. We're fine now. Just continue to hold.

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: semaforo on January 08, 2014, 01:20:34 AM

Just keep reading about bitcoin. The more you understand it, the less worried you will be.

true.

semaforo

hero member

Activity: 728

Merit: 500

Just keep reading about bitcoin. The more you understand it, the less worried you will be.

viboracecata

legendary

Activity: 1316

Merit: 1000

Varanida : Fair & Transparent Digital Ecosystem

Crash is not proper for the price trend, if you see the price go down from $37 to $1, you will not say all these trends recently are crashing.

Lloydie

full member

Activity: 140

Merit: 100

Quote from: Michael Robinson on January 07, 2014, 10:21:00 AM

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Now it appears to be crashing again.

Ay yi yi. I am beginning to think this is all just a grand conspiracy to screw with me.

See this site: www.bitcoinpulse.com

Wallet growth rate is 29.91% per MONTH. You have nothing to worry about.

When Btc user base increases from 1 million to 10 million, we would only be scratching the surface.

To get to 1% of the population requires a user base of 70 million.

That's why so many people recommend a buy and forget strategy for 6 to 12 months.

drgyoza

newbie

Activity: 23

Merit: 0

Quote from: 600watt on January 07, 2014, 07:26:00 PM

Quote from: Michael Robinson on January 07, 2014, 10:21:00 AM

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Now it appears to be crashing again.

Ay yi yi. I am beginning to think this is all just a grand conspiracy to screw with me.

i bought near the top of the june 2011 bubble. it went down so far and anyone thought it was dead, i started to think it was a scam and erased everything and forgot all about it. (i had my btc at a mtgox account that got hacked) and felt sooooo stupid that i burnt almost 3000 dollars. i had to wait more than 1.5 years to break even. now those 100 coins are worth 78 k (stamp).

to pay less than $30,- seems so cheap now, but was so expensive for 1.5 years.

same with $ 1000,-
relax, you did your best investment in life. short term you timing sucked, but long term it makes no big difference.

Totally true

I hesitated to invest in 2012 - it was at 9 dollars when I first heard of bitcoin. After the Cyprus bubble I was still thinking, I thought it was going to drop to a very low price, I didn't realized the power of bitcoin then. After a few month reading I finally went into it and started mining bitcoins. During the last november/december phase I had some spare dollars that I judged better to place into bitcoins. I bought at 990. No problem with that

It reached that price two times since, and will reach twice that price maybe a few times

kkaspar

full member

Activity: 140

Merit: 100

banned but not broken

Quote from: Michael Robinson on January 07, 2014, 10:21:00 AM

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Now it appears to be crashing again.

Ay yi yi. I am beginning to think this is all just a grand conspiracy to screw with me.

Hey, don't worry.. hold on to those coins, because I think that bitcoin still has 1 or 2 bubbles and crashes before people start to relize that the bitcoin market is a scam

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: Michael Robinson on January 07, 2014, 10:21:00 AM

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Now it appears to be crashing again.

Ay yi yi. I am beginning to think this is all just a grand conspiracy to screw with me.

i bought near the top of the june 2011 bubble. it went down so far and anyone thought it was dead, i started to think it was a scam and erased everything and forgot all about it. (i had my btc at a mtgox account that got hacked) and felt sooooo stupid that i burnt almost 3000 dollars. i had to wait more than 1.5 years to break even. now those 100 coins are worth 78 k (stamp).

to pay less than $30,- seems so cheap now, but was so expensive for 1.5 years.

same with $ 1000,-
relax, you did your best investment in life. short term you timing sucked, but long term it makes no big difference.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Quote from: Nagle on January 07, 2014, 02:19:12 PM

Good job! We need more suckers like you to keep the price up.

Suckers like him? Huh

He didn't sell. He hasn't lost anything yet.

It's those who sell for less than they paid who are the suckers.

glendall

legendary

Activity: 2156

Merit: 1018

Buzz App - Spin wheel, farm rewards

Buying at all time high of anything is pretty dumb.

But you could have done much worse.

All you simply have to do is wait, it'll go up in price.

It's not so much that bitcoin is so awesome (although it is) it is more than fiat imaginary money loses its value so quickly that anything that doesn't, appears to be booming in comparison.

EvilDave

hero member

Activity: 854

Merit: 1001

"Buy on red, sell on green"

--Confucius (i think)

It sounds counter-intuitive at first, but it does make sense.
For short-term profit: buy when prices are dropping, sell when they're rising.

For long term....just buy and forget. Come back in a year or two.
Don't spend any time at all monitoring the markets, unless you like to be stressed every time Bitcoin catches a cold.

T.Stuart

hero member

Activity: 644

Merit: 500

One Token to Move Anything Anywhere

Quote from: ElectricMucus on January 07, 2014, 05:20:50 PM

Quote from: Michael Robinson on January 07, 2014, 10:21:00 AM

Ay yi yi. I am beginning to think this is all just a grand conspiracy to screw with me.

It's all true.

LOL! How I thought that at the beginning! Cheesy

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: Michael Robinson on January 07, 2014, 10:21:00 AM

Ay yi yi. I am beginning to think this is all just a grand conspiracy to screw with me.

It's all true.

MatTheCat

hero member

Activity: 840

Merit: 1000

Quote from: T.Stuart on January 07, 2014, 05:09:55 PM

MatTheCat if you have money to buy get ready now. Things will go back up quicker than you think! You know you tend to be a bit too negative at times? Well watch out!

OPEN ORDERS
Order type   Date and time   BTC amount   Bitcoin price   Order value   Order status
Buy   Jan. 7, 2014, 2:14 p.m.   5.00000000   $660.00   $3,300.00   Open   Cancel
Buy   Jan. 7, 2014, 7:33 p.m.   5.00000000   $650.00   $3,250.00   Open   Cancel
Buy   Jan. 7, 2014, 7:33 p.m.   5.50000000   $640.00   $3,520.00   Open   Cancel
Buy   Jan. 7, 2014, 7:33 p.m.   6.00000000   $630.00   $3,780.00   Open   Cancel

How negative is that 4 ya?

Last time I posted one of these in here it was for between $400 - $500 on Bitstamp. Everyone laughed at me and a few people reasoned that my bets were placed wildly low, so I raised the bar to $500 - $600. Bitcoin slumped to $380, so this time, I am going to stick to my guns and if I miss out, then I miss out....at least I won't lose money. I fkn hate losing money.

T.Stuart

hero member

Activity: 644

Merit: 500

One Token to Move Anything Anywhere

Quote from: MatTheCat on January 07, 2014, 05:01:10 PM

Quote from: cryptozark on January 07, 2014, 10:35:32 AM

The fact that it recovered to almost $1000 WITHOUT the massive chinese support in about a month should really say something about bitcoin's growth and stability though. China made up a huge portion of the bitcoin population/ecosystem and was largely responsible for bitcoin's explosive growth in November, but now we see that the void is getting filled up at a good pace and will continue to expand worldwide.

What the fk are ya talking about boy!?

65% of current Bitcoin trades are done in CNY.

How much skin do you have in the game anyhow? 05 BTC?

Misinformation comments like this contribute to people losing money.

MatTheCat if you have money to buy get ready now. Things will go back up quicker than you think! You know you tend to be a bit too negative at times? Well watch out!

anu

legendary

Activity: 1218

Merit: 1001

RepuX - Enterprise Blockchain Protocol

Quote from: Michael Robinson on January 07, 2014, 10:21:00 AM

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Now it appears to be crashing again.

Ay yi yi. I am beginning to think this is all just a grand conspiracy to screw with me.

Those who bought at $32 in 6/2011 got laughed at for months. Who is laughing now?

MatTheCat

hero member

Activity: 840

Merit: 1000

Quote from: cryptozark on January 07, 2014, 10:35:32 AM

The fact that it recovered to almost $1000 WITHOUT the massive chinese support in about a month should really say something about bitcoin's growth and stability though. China made up a huge portion of the bitcoin population/ecosystem and was largely responsible for bitcoin's explosive growth in November, but now we see that the void is getting filled up at a good pace and will continue to expand worldwide.

What the fk are ya talking about boy!?

65% of current Bitcoin trades are done in CNY.

How much skin do you have in the game anyhow? 0.5 BTC?

Misinformation comments like this contribute to people losing money.

Topic: I bought all my bitcoin over $1,000 (Read 6182 times)