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Topic: I bought all my bitcoin over $1,000 - page 2. (Read 6182 times)

hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
January 07, 2014, 04:57:32 PM
#29
Don't worry. Bitcoin is on the cusp of mainstream business in the US.

http://www.cnbc.com/id/101316945

Believe me there is a whole lot of room for Bitcoin to grow in this country alone. Vast spaces as Bitcoin is a multi-faceted asset.

You will be feeling fine very soon!

PS There are many in your position and I am in from the upper hundreds. I am holding for the long-term.
member
Activity: 98
Merit: 10
January 07, 2014, 04:16:17 PM
#28
I guess that's why they say buy the dip "BTFD" but in this case your lucky you just bought before a dip which is preceding a tectonic rise.

That's what I was just thinking.. Buying + $1000 might hurt for a while, OP.  But everyone here is right.  Don't sell.  Wait.  Your profits won't be the same as those who got in earlier, but there will be profits. 
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
January 07, 2014, 03:58:41 PM
#27
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.


Come on guy.. Despite how much you may want it to be true or how big your ego is - I'm sorry to say but the world does not revolve around you or your shit life. You are not living the Truman show.

Are you one of those guys that occasionally refuse to watch a sporting event because you think that whenever you watch one the team you like loses or you bring them bad luck?

Or maybe when your team wins you blame it on your presence and how you tend to bring good luck whenever you watch

Get your ego checked kanye

Wow. Someone can't take a joke. OP is being humorous. It's funny. Some people take this too seriously....
legendary
Activity: 1344
Merit: 1000
January 07, 2014, 03:57:09 PM
#26
I guess that's why they say buy the dip "BTFD" but in this case your lucky you just bought before a dip which is preceding a tectonic rise.
member
Activity: 113
Merit: 10
January 07, 2014, 03:46:58 PM
#25
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.


Come on guy.. Despite how much you may want it to be true or how big your ego is - I'm sorry to say but the world does not revolve around you or your shit life. You are not living the Truman show.

Are you one of those guys that occasionally refuse to watch a sporting event because you think that whenever you watch one the team you like loses or you bring them bad luck?

Or maybe when your team wins you blame it on your presence and how you tend to bring good luck whenever you watch

Get your ego checked kanye
hero member
Activity: 546
Merit: 500
Carpe Diem
January 07, 2014, 03:10:31 PM
#24
HODL MAN, HODL!

But seriously, if it dropping is making you that worried, maybe you shouldn't be hodling so much BTC Smiley
legendary
Activity: 1148
Merit: 1001
January 07, 2014, 02:37:46 PM
#23
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.


It is a common experience in BTC to buy as the price rises and then experience these "ups and downs."  My husband and I had the same thing happen to us in April.  We bought into the spike up to $266.  Our average price at that time was about $120 per coin.  We then were under our average price for most of the Summer.  It was a bit unnerving.  We did not invest more than we could afford to lose so we just waited, like many people on the board advised was the best strategy and as you can see that was great advice.  Sure it would have been nice to buy earlier, or later when the price dropped.  But the problem with BTC is we are never really sure how high it will go or how low when the price is bumping around.  But in the history of BTC it always has gone up so holding has been a "no lose" strategy for those that can do it without panicking. 
sr. member
Activity: 280
Merit: 250
January 07, 2014, 02:21:31 PM
#22
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.


Don't worry, the price of bitcoin will rise over $2000 in Q1 2014.
legendary
Activity: 1204
Merit: 1002
January 07, 2014, 02:19:12 PM
#21
Good job! We need more suckers like you to keep the price up.
sr. member
Activity: 260
Merit: 251
January 07, 2014, 02:16:55 PM
#20
HODL! Stick your coins in a cold wallet and come back in a year.
legendary
Activity: 1330
Merit: 1000
dafar consulting
January 07, 2014, 02:09:11 PM
#19
Forget about how much Fiat you paid and just be happy you have some coins.

It's not about the Fiat anymore, it's about the Bitcoin.

Well he still needs to worry about his bitcoin's buying power doesn't he?
sr. member
Activity: 454
Merit: 250
Technology and Women. Amazing.
January 07, 2014, 01:49:54 PM
#18
Bitcoin should be considered a longterm holding. Do yourself a favor, secure your bitcoins with an offline cold-storage wallet, and forget all about it for at least 6 months, then come back.
legendary
Activity: 2026
Merit: 1034
Fill Your Barrel with Bitcoins!
January 07, 2014, 01:00:26 PM
#17
Forget about how much Fiat you paid and just be happy you have some coins.

It's not about the Fiat anymore, it's about the Bitcoin.
legendary
Activity: 2324
Merit: 1125
January 07, 2014, 12:44:55 PM
#16
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.


Good on you for not selling! Pat yourself on the back for that and keep it up! Smiley
newbie
Activity: 40
Merit: 0
January 07, 2014, 12:43:53 PM
#15
Atleast your not like me, I had heard and supported bitcoin over 2 years ago, but I never go around to buying any until it was like 600-800 dollars. I just didn't have any money/job to buy then, but it feels shitty.

If bitcoin gets widely accepted as a currency though, you and me are both going to be sitting on a lot of cash.
legendary
Activity: 1330
Merit: 1000
dafar consulting
January 07, 2014, 11:55:59 AM
#14
You bought into a highly volatile asset during its all time peak... what did you expect?


Like others said ITT, just wait.




I bought LTC at $32, same thing is happening to me... but I'm not worried
legendary
Activity: 1540
Merit: 1000
January 07, 2014, 11:40:16 AM
#13
Now you know why traders are paid so much and why they suffer so much stress Tongue
sr. member
Activity: 434
Merit: 250
January 07, 2014, 11:34:11 AM
#12
Like mentioned above, you should have bought more when it dropped. If i had more money, id have bought more at $600.
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
January 07, 2014, 11:23:31 AM
#11
no worry cough up more dollars and aim at 600 or lower and prey
legendary
Activity: 1344
Merit: 1000
January 07, 2014, 11:03:22 AM
#10
long term buy and hold is the winning strategy,

http://www.moneychimp.com/features/monthly_returns.htm
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