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Topic: I PANICKED - page 6. (Read 10834 times)

newbie
Activity: 42
Merit: 0
August 29, 2014, 10:54:34 AM
#55
^^This

OP is still legit insane tho.
member
Activity: 64
Merit: 10
August 29, 2014, 10:49:01 AM
#54
Bitcoins aren't mainstream yet so there's much more room for the price to grow, just sit down and wait for the fireworks.
legendary
Activity: 2214
Merit: 3209
Flippin' burgers since 1163.
August 29, 2014, 10:45:36 AM
#53
If you have invested all your life savings in bitcoin you should know that your investment could have a great return but it can also vanish tomorrow.

I regret not investing my life savings of $10 about five years ago. Everyone hopes they will get the same kind of return in another five years, but I think it's far less likely now.

Still not able to predict the future. Keep on trying Smiley
legendary
Activity: 2268
Merit: 1278
August 29, 2014, 01:35:53 AM
#52
Just ignore him like the rest of us. Who is the bigger fool, the fool or the one who follows him?
legendary
Activity: 1512
Merit: 1000
August 29, 2014, 01:28:49 AM
#51
dropt is a bull scammer for sure, he is fooling people to buy in downtrend and call it "time to load on" but ignore all the way down of bitcoin has made in this year

falllling is a bear scammer for sure, he is failing at fooling people to sell in uptrend and call it "dump before you loose everything" but ignore all the way up of bitcoin has made in this year.
member
Activity: 112
Merit: 10
August 29, 2014, 12:11:00 AM
#50
when it drops. Investing in bitcoin in 2014 is about one of the worst investment decisions anyone could make. You'd be better off investing your life savings in Solyndra.

Stop being so dumb.  Hindsight says you could have made shitload in this market during 2014.  

This is the dumbest thing I've heard here today. You can make a shitload of money in any market if you had psychic powers and knew exactly how the market would move.

The prominent investment strategy on this forum is to HODL!!1!, and anyone who was dumb enough to take it to heart has lost 50% of their portfolio since the beginning of this year.

dropt is a bull scammer for sure, he is fooling people to buy in downtrend and call it "time to load on" but ignore all the way down of bitcoin has made in this year
legendary
Activity: 3598
Merit: 5069
August 28, 2014, 06:09:12 PM
#49
Whoever is putting his life savings into BTC is a fool.  Doesn't matter what will happen (I still think BTC long term is a very good investment, but regardless).

Never invest what you can't afford to lose.
Eh, my life savings amounts to diddly.  But I'm glad I put that diddly into Bitcoin in 2011... I may retire yet!
It went well, but it could have ended horribly bad.

If you invested something in 2011 you had all the time to accumulate without risking your "life savings".

I stand by what I said. BTC is still in early stages, investing more that you can afford to lose is not a wise choice, that's all I'm saying, regardless of what we can say in retrospect.

i wonder which market out there is "safe" so that i can invest more then i can afford to lose so i can win with no risk.


TRUTH!
member
Activity: 76
Merit: 10
August 28, 2014, 03:26:55 PM
#48
If you have invested all your life savings in bitcoin you should know that your investment could have a great return but it can also vanish tomorrow.

I regret not investing my life savings of $10 about five years ago. Everyone hopes they will get the same kind of return in another five years, but I think it's far less likely now.
newbie
Activity: 27
Merit: 0
August 28, 2014, 03:22:42 PM
#47
If you have invested all your life savings in bitcoin you should know that your investment could have a great return but it can also vanish tomorrow.
hero member
Activity: 526
Merit: 500
August 28, 2014, 02:54:44 PM
#46
I just invested my life savings into Bitcoin

I wished I did too when the price was around $120  Undecided

When the price was $120, people missed out by wishing they got in at $12, and so on.
legendary
Activity: 2268
Merit: 1278
August 28, 2014, 02:50:16 PM
#45
Was sensible to do that 2 years ago (which I did Wink, but now... I would not put that much. Bitcoin bubble may come in few years...
Buy when others are fearful.
legendary
Activity: 1512
Merit: 1000
August 28, 2014, 02:42:40 PM
#44
This is the dumbest thing I've heard here today. You can make a shitload of money in any market if you had psychic powers and knew exactly how the market would move.
Talking in absolutes, how grand. All I have to do now is find one market (absent of shorting) that defies your statement and then it's wrong.  Of course hindsight shows you all the points where you could have bought/sold your way into massive profits, that's the point.

Quote
about one of the worst investment decisions anyone could make
And it also could have been one of the best depending on how you played your cards.  

Quote
The prominent investment strategy on this forum is to HODL!!1!, and anyone who was dumb enough to take it to heart has lost 50% of their portfolio since the beginning of this year.

What does the prominent investment strategy of Bitcointalk have anything to do with the average person making an investment?  What, is it some sort of pre-requisite to have an account on Bitcointalk and subscribe to the echo chamber to open a wallet and/or exchange account?  No, that's stupid, just like ignoring the fact that people could have also made a killing in 2014.

But we get it. You sold your position and now Bitcoin needs to go to shit so you feel validated.

hero member
Activity: 658
Merit: 500
August 28, 2014, 02:34:51 PM
#43
I just invested my life savings into Bitcoin

i still notice much of this kind of sentiment. i think we may see some real despair before this market turns around. the bulls are resilient, holding on tight, and yet, for 8 months we've been unable to cross increasingly lower upside resistances. the price is being held up by a lack of sellers -- but more apparent is the absence of $$ inflows. if this continues (and it looks like it will -- we just took a shot at a reversal on the 1-day chart and it's failing), a lot of people are going to be in a lot of pain in the coming months.
Not me. The lower it goes the more coins I get for my fiat.

that's true. personally i love it. i took my initial investment out very long ago. i just keep half in cold storage and trade the other half. cheap coins, baby. might even be able to catch some more margin call coins.....

but the people in pain, imo, are the weak bubble chasers who bought at 700, 800, 1000.... and either don't have the funds or the follow-through to average down. and frankly, i can understand being very afraid of averaging down in the current market. when has bitcoin ever seen a bear market this long? 2011 chart is brutal in % lost, but the 2014 chart looks like a trip to zero on the back of a snail... Smiley

You are aware the price hit 3xx several months ago and is significantly higher now? Everyone has had ample opportunity to average down..several times! Smiley

sure. and there may be much more opportunity coming in that regard. i get the impression that this comment is of the mentality that "you already got your chance for cheap coins." well, that assumes that it's up uP UP from here.

tell that to the 1-day and 1-week down trends. they are very much intact. Wink
sr. member
Activity: 350
Merit: 253
August 28, 2014, 02:34:29 PM
#42
when it drops. Investing in bitcoin in 2014 is about one of the worst investment decisions anyone could make. You'd be better off investing your life savings in Solyndra.

Stop being so dumb.  Hindsight says you could have made shitload in this market during 2014.  

This is the dumbest thing I've heard here today. You can make a shitload of money in any market if you had psychic powers and knew exactly how the market would move.

The prominent investment strategy on this forum is to HODL!!1!, and anyone who was dumb enough to take it to heart has lost 50% of their portfolio since the beginning of this year.
legendary
Activity: 1512
Merit: 1000
August 28, 2014, 02:28:22 PM
#41
when it drops. Investing in bitcoin in 2014 is about one of the worst investment decisions anyone could make. You'd be better off investing your life savings in Solyndra.

Stop being so dumb.  Hindsight says you could have made shitload in this market during 2014.  
legendary
Activity: 1176
Merit: 1000
August 28, 2014, 02:27:52 PM
#40
I just invested my life savings into Bitcoin

i still notice much of this kind of sentiment. i think we may see some real despair before this market turns around. the bulls are resilient, holding on tight, and yet, for 8 months we've been unable to cross increasingly lower upside resistances. the price is being held up by a lack of sellers -- but more apparent is the absence of $$ inflows. if this continues (and it looks like it will -- we just took a shot at a reversal on the 1-day chart and it's failing), a lot of people are going to be in a lot of pain in the coming months.
Not me. The lower it goes the more coins I get for my fiat.

that's true. personally i love it. i took my initial investment out very long ago. i just keep half in cold storage and trade the other half. cheap coins, baby. might even be able to catch some more margin call coins.....

but the people in pain, imo, are the weak bubble chasers who bought at 700, 800, 1000.... and either don't have the funds or the follow-through to average down. and frankly, i can understand being very afraid of averaging down in the current market. when has bitcoin ever seen a bear market this long? 2011 chart is brutal in % lost, but the 2014 chart looks like a trip to zero on the back of a snail... Smiley

You are aware the price hit 3xx several months ago and is significantly higher now? Everyone has had ample opportunity to average down..several times! Smiley
legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
August 28, 2014, 02:25:25 PM
#39
Was sensible to do that 2 years ago (which I did Wink, but now... I would not put that much. Bitcoin bubble may come in few years...
hero member
Activity: 658
Merit: 500
August 28, 2014, 02:22:06 PM
#38
I just invested my life savings into Bitcoin

i still notice much of this kind of sentiment. i think we may see some real despair before this market turns around. the bulls are resilient, holding on tight, and yet, for 8 months we've been unable to cross increasingly lower upside resistances. the price is being held up by a lack of sellers -- but more apparent is the absence of $$ inflows. if this continues (and it looks like it will -- we just took a shot at a reversal on the 1-day chart and it's failing), a lot of people are going to be in a lot of pain in the coming months.
Not me. The lower it goes the more coins I get for my fiat.

that's true. personally i love it. i took my initial investment out very long ago. i just keep half in cold storage and trade the other half. cheap coins, baby. might even be able to catch some more margin call coins.....

but the people in pain, imo, are the weak bubble chasers who bought at 700, 800, 1000.... and either don't have the funds or the follow-through to average down. and frankly, i can understand being very afraid of averaging down in the current market. when has bitcoin ever seen a bear market this long? 2011 chart is brutal in % lost, but the 2014 chart looks like a trip to zero on the back of a snail... Smiley
legendary
Activity: 2268
Merit: 1278
August 28, 2014, 02:14:29 PM
#37
I just invested my life savings into Bitcoin

i still notice much of this kind of sentiment. i think we may see some real despair before this market turns around. the bulls are resilient, holding on tight, and yet, for 8 months we've been unable to cross increasingly lower upside resistances. the price is being held up by a lack of sellers -- but more apparent is the absence of $$ inflows. if this continues (and it looks like it will -- we just took a shot at a reversal on the 1-day chart and it's failing), a lot of people are going to be in a lot of pain in the coming months.
Not me. The lower it goes the more coins I get for my fiat.
hero member
Activity: 658
Merit: 500
August 28, 2014, 02:08:08 PM
#36
I just invested my life savings into Bitcoin

i still notice much of this kind of sentiment. i think we may see some real despair before this market turns around. the bulls are resilient, holding on tight, and yet, for 8 months we've been unable to cross increasingly lower upside resistances. the price is being held up by a lack of sellers -- but more apparent is the absence of $$ inflows. if this continues (and it looks like it will -- we just took a shot at a reversal on the 1-day chart and it's failing), a lot of people are going to be in a lot of pain in the coming months.
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