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Topic: I need bitcoin to be $690 to break even.....will I make it? - page 16. (Read 26258 times)

legendary
Activity: 1050
Merit: 1000
Think of it as gaining power pellets

^lol wut?

My prediction is October(2015)-Jan(2016) is when it should start to pick up to at least prices close to yours. Unless there's another pump and dump. Undecided

legendary
Activity: 1358
Merit: 1000
I bought a couple too high, but I knucked down and bought more near the bottom. You should have done that.

You assume the bottom has already been reached?  Grin
hero member
Activity: 700
Merit: 500
No need to worry, bitcoin price will eventually rise. in terms of the bigger picture BTC is a bargain even at $1000.  BTC will be in the thousands next year, though saying that I'm glad i didn't buy any $1000 bitcoins
one bitcoin will probably be towards 100k at the end of 2020 , this is just my theory tho. Bitcoin will have their 10 year millenium , and that will certainly bring some updates and hopefully some awesome news.
legendary
Activity: 1260
Merit: 1116
I bought a couple too high, but I knucked down and bought more near the bottom. You should have done that.
sr. member
Activity: 294
Merit: 250
No need to worry, bitcoin price will eventually rise. in terms of the bigger picture BTC is a bargain even at $1000.  BTC will be in the thousands next year, though saying that I'm glad i didn't buy any $1000 bitcoins
full member
Activity: 223
Merit: 100
690 is easy, but you will need to be patient. Once the next bubble catches it will easily go over 1000.

I would love to hear your explanation to why you believe 690 and 1000 will be easy!? We only ever went that high before because of a dodgy exchange pumping it, what will make it raise around 3-4 times the current price?
hero member
Activity: 521
Merit: 500
690 is easy, but you will need to be patient. Once the next bubble catches it will easily go over 1000.
sr. member
Activity: 308
Merit: 250
I have money to cost avg down but I feel like if bitcoin will be successful I will be in the green in a few years; if bitcoin fails then I'm already losing a LOT of money and dont want to risk more. Also, I lost a total of 9 btc from trading alt coins... My break even point at one time was $1300/btc.... I already bought that down to $690

Oh i see that was a pain in the ass, losing 9btc on alts  Undecided i guess to average down you need to believe that bitcoin is going to rise. That is wise holding back knowing your limit and when not to invest more good self control 'thumbs up' Maybe buy little bits on the next dip next week and hopefully get that down to 500 but of course you know your limits and the number one rule do not invest more than you can afford to lose is so true
sr. member
Activity: 294
Merit: 250
If you are thinking short term...I am not quite sure if you might be able to make it or not...but have some faith...hold on to your coins for a while and just wait for the prices to stabilize again. I am quite sure that you will be able to walk away with at least a little profit over the next couple of months.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Spending more to 'reduce' your losses seems a bit daffy to me. I'm currently underwater which I fully expected there to be phases of going into it. I've no plans to buy significant amounts more as I have what I set out to obtain and stuck with it. I'll start to feel narked if I'm still underwater in 2017.
legendary
Activity: 1330
Merit: 1000
dafar consulting
I have money to cost avg down but I feel like if bitcoin will be successful I will be in the green in a few years; if bitcoin fails then I'm already losing a LOT of money and dont want to risk more. Also, I lost a total of 9 btc from trading alt coins... My break even point at one time was $1300/btc.... I already bought that down to $690
sr. member
Activity: 308
Merit: 250
That is a lot it owes you dude if i had money spare i would have kept buying to get that average down and make it easier to get back to even/profit. The thing is though how much do you need to but to get the average down i mean if you have hundreds of coin then you will need to buy hundreds more to make a impact  Smiley

 
full member
Activity: 223
Merit: 100
Aha ^^ he was answering your question why the attitude?  Also Harry was clearly saying in his own way you should think about what you can do as a business to make more bitcoin instead of wishing it will go to $690 which is not going to come btw you may aswell sell now  Grin

If I could come up with a business just like that and become a self-employed CEO, I would, trust me. Easier said than done.. and lol at might was well sell now. I rather wait for a change to profit, or let it go to $0

That is the spirit and i am in the same boat i will not sell though until i have a nice return on my investment i see it like stocks and you do not sell stocks at break even or at a loss do ya, also you do not spend them on coffee and whatever else we can buy with them at the moment. You have payed over the odds for your coin as you know but most of us have, can you afford to keep buying to lower your original investment maybe get that down to 4 or 500? Does not have to be a big business something like a faucet a gambling site of some kind and online btc shop this industry is begging people to start up
legendary
Activity: 1330
Merit: 1000
dafar consulting
Aha ^^ he was answering your question why the attitude?  Also Harry was clearly saying in his own way you should think about what you can do as a business to make more bitcoin instead of wishing it will go to $690 which is not going to come btw you may aswell sell now  Grin

If I could come up with a business just like that and become a self-employed CEO, I would, trust me. Easier said than done.. and lol at might was well sell now. I rather wait for a change to profit, or let it go to $0
full member
Activity: 223
Merit: 100
Will I make it?

How long are you willing to wait? How many Bitcoins do you have?

I am sure one day the price will reach the point where you would have broken even, made a profit but the question is will you be around on that day  Huh

A lot of people who think this question will be gone long before imo

Good luck either way.


I am willing to wait 5 years.... I have around 40 bitcoin



You will brake even but then what you sell and walk away? Should be thinking business what is it you can do to make many more bitcoin  Huh

Either you're a foreigner or a real pot head... couldn't understand anything you said

Lots of bagholders and dumpers waiting price to rise so they can dump  Sad That's why moon is no more possible

Shut the fuck up... everyone has a price they are willing to buy or sell at... there are only about 10million people who own/use bitcoin.... if this number reaches 100-200million people there is no way the price can stay this low

Aha ^^ he was answering your question why the attitude?  Also Harry was clearly saying in his own way you should think about what you can do as a business to make more bitcoin instead of wishing it will go to $690 which is not going to come btw you may aswell sell now  Grin
legendary
Activity: 1330
Merit: 1000
dafar consulting
Will I make it?

How long are you willing to wait? How many Bitcoins do you have?

I am sure one day the price will reach the point where you would have broken even, made a profit but the question is will you be around on that day  Huh

A lot of people who think this question will be gone long before imo

Good luck either way.


I am willing to wait 5 years.... I have around 40 bitcoin



You will brake even but then what you sell and walk away? Should be thinking business what is it you can do to make many more bitcoin  Huh

Either you're a foreigner or a real pot head... couldn't understand anything you said

Lots of bagholders and dumpers waiting price to rise so they can dump  Sad That's why moon is no more possible

Shut the fuck up... everyone has a price they are willing to buy or sell at... there are only about 10million people who own/use bitcoin.... if this number reaches 100-200million people there is no way the price can stay this low
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Lots of bagholders and dumpers waiting price to rise so they can dump  Sad That's why moon is no more possible

Fear Of Missing Out affects people holding coins too. If you've sat since $1000 and it looks like that's going to be smashed again, a good chunk of bag holders will sit back and see what happens. That's what they were hoping for in the first place.
newbie
Activity: 56
Merit: 0
Lots of bagholders and dumpers waiting price to rise so they can dump  Sad That's why moon is no more possible
sr. member
Activity: 481
Merit: 250
Buy more to reduce your break-even now before its too late, Bitcoin is going to rally..
full member
Activity: 192
Merit: 100
You are what you eat. PIZZA!
You will brake even but then what you sell and walk away? Should be thinking business what is it you can do to make many more bitcoin  Huh
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