I bought all my bitcoin over $1,000 - page 3.

Raghnar

newbie

Activity: 58

Merit: 0

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.

You bought an asset/currency/instrument that has a very clear history of such volatility. Why are you so surprised and taking it personally? This is what you signed up for.

CoinDiver

hero member

Activity: 778

Merit: 1002

China is still in. http://fiatleak.com/

cryptozark

member

Activity: 112

Merit: 10

Cryptocurrency is my new obsession

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.

Melbustus

legendary

Activity: 1722

Merit: 1004

In late 2011 I was down over 90% on the first bitcoins I bought. You can guess my ROI now.

If you haven't been down >75% for some period in your bitcoin holding, consider yourself lucky.

TheQuote

member

Activity: 70

Merit: 10

Just take it easy, at the end it wil be mutch higher than $1000 Cool

elasticband

legendary

Activity: 1036

Merit: 1000

Nighty Night Don't Let The Trolls Bite Nom Nom Nom

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.

You failed by not buying more at a low an thus averaging your holding entry point. You could be sitting in profit right now if you had doubled your fit investment whilst at the bottom.

$2000 = 2btc @ $1000/btc
$2000 = 4BTC @ $500/btc

total = near $6000 right now with a cost of $4000

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

We all say that at the price point we bought in at. It takes a full year or more to get a great ROI if you bought at a peak. While it's lower is a good time to buy a little more to hedge. Usually it's best to buy with cost averaging.

drrussellshane

hero member

Activity: 546

Merit: 500

Don't worry about it.

I know that doesn't help, but it is surprisingly sound advice.

Michael Robinson

newbie

Activity: 49

Merit: 0

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.

Topic: I bought all my bitcoin over $1,000 - page 3. (Read 6182 times)