Author

Topic: I sold all my bitcoins before the massive price jump. (Read 3656 times)

legendary
Activity: 2198
Merit: 1989
฿uy ฿itcoin
I also sold 10 btc before the price jump....

I only sold 2.5 BTC but it still hurts Tongue
legendary
Activity: 2198
Merit: 1989
฿uy ฿itcoin
Its always not too late to buy right? Although it may crash but when it does just buy more...

I'm hoping for this, but the price seems really stable.
legendary
Activity: 966
Merit: 1000
I wana buy some BTC, I just don't like the damn wire tranfer thing that Mt Gox and bitstamp has. I'd rather go buy a greendot and give em the mony that way but nooooo thats to good for them.

Money paks are reversible
legendary
Activity: 2674
Merit: 2965
Terminated.
I also sold 10 btc before the price jump....
I didn't sell alts before the jump.
sr. member
Activity: 420
Merit: 250
I also sold 10 btc before the price jump....
legendary
Activity: 2674
Merit: 2965
Terminated.
I sold all my litecoin before the massive price jump... feels as bad right?
Not even close. Litecoin price isn't increasing 1000x/year.
What price did you sell at and how many?
full member
Activity: 226
Merit: 100
Its always not too late to buy right? Although it may crash but when it does just buy more...
hero member
Activity: 583
Merit: 500
I sold all my litecoin before the massive price jump... feels as bad right?
legendary
Activity: 2674
Merit: 2965
Terminated.
I wana buy some BTC, I just don't like the damn wire tranfer thing that Mt Gox and bitstamp has. I'd rather go buy a greendot and give em the mony that way but nooooo thats to good for them.
That's why you use localbitcoin.com
& they r who ?

Yes I know i can goto ttheur site butt this is first ive heard of em.
You can buy btc from a member using cash.
legendary
Activity: 1064
Merit: 1001
I wana buy some BTC, I just don't like the damn wire tranfer thing that Mt Gox and bitstamp has. I'd rather go buy a greendot and give em the mony that way but nooooo thats to good for them.
That's why you use localbitcoin.com
& they r who ?

Yes I know i can goto ttheur site butt this is first ive heard of em.
legendary
Activity: 2674
Merit: 2965
Terminated.
I wana buy some BTC, I just don't like the damn wire tranfer thing that Mt Gox and bitstamp has. I'd rather go buy a greendot and give em the mony that way but nooooo thats to good for them.
That's why you use localbitcoin.com
legendary
Activity: 1064
Merit: 1001
I wana buy some BTC, I just don't like the damn wire tranfer thing that Mt Gox and bitstamp has. I'd rather go buy a greendot and give em the mony that way but nooooo thats to good for them.
legendary
Activity: 1456
Merit: 1002
Its going to go $400, so dont worry buy it back when its cheap again. Anytime before the BFL monarchs come out.

Nobody cares about BFL monarchs right? Since they are famous for delaying....

Yeah, which means theres plenty of time.
legendary
Activity: 2436
Merit: 1102
Now buy it before it went up future.....
sr. member
Activity: 322
Merit: 250
What if I sell now at $310 and price triple to $930.... so buy now and sell it at $930 Smiley
legendary
Activity: 1834
Merit: 1009
Its going to go $400, so dont worry buy it back when its cheap again. Anytime before the BFL monarchs come out.

Nobody cares about BFL monarchs right? Since they are famous for delaying....
legendary
Activity: 1456
Merit: 1002
Its going to go $400, so dont worry buy it back when its cheap again. Anytime before the BFL monarchs come out.
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
Trust your intuition. That's what I do. And it's been paying off so far.

Uuuuuuuuuntil you sell off and the price triples :O
legendary
Activity: 966
Merit: 1000
btce   20.65%   34104.01   283.00 USD

See bro no worries
hero member
Activity: 647
Merit: 501
GainerCoin.com 🔥 Masternode coin 🔥
I sold my Bitcoins after massive price jump which is at $200 Sad...
hero member
Activity: 602
Merit: 500
Ah the joys of hating yourself for not investing in btc earlier!
Just buy 1 or 2 now and wait!

Hmm, the bubble will burst soon so then is the time to buy.
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
Ah the joys of hating yourself for not investing in btc earlier!
Just buy 1 or 2 now and wait!
sr. member
Activity: 297
Merit: 250
Lets just wait for bubble, if it didn't happen then lets just buy alt coins instead Smiley
legendary
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
The price is pretty high right now. How am I supposed to know it's not just a bubble?
How did you know it wasn't a bubble when you bought it before?
hero member
Activity: 532
Merit: 500
Currently held as collateral by monbux
Looks like you wasn't alone...
sr. member
Activity: 394
Merit: 250
I am as sad as you are cause I didn't buy any Bitcoin before the massive price jump....
sr. member
Activity: 420
Merit: 250
You will be glad if one day you wake up and see BTC priced at 1$.....
legendary
Activity: 966
Merit: 1000
No worries bro just wait for a crash they come along all the time. This price wont hold. You will have a big smile when it crashes back down. Buying now would be a mistake.
hero member
Activity: 770
Merit: 504
I did too. Does not really matter. Life goes on;)
legendary
Activity: 2198
Merit: 1989
฿uy ฿itcoin
I bought only 20 when it was 18EUR. I could have bought 500 EASILY without taking a huge hit on my savings.

Now I'm fighting hard to get to 70.


This game is never going to make you feel good.  If you wanna feel good go out fishing. These are the only guys you live to their 100s..Smiley

That's still a nice investment (if you still have those 20 coins).
hero member
Activity: 532
Merit: 500
Currently held as collateral by monbux
Well, at least you made a profit. I guess. Still a kick in the teeth though.
hero member
Activity: 927
Merit: 1000
฿itcoin ฿itcoin ฿itcoin
I hate my life.
Join the club...  Cry
Looking back at pool rewards history is painful.
sr. member
Activity: 299
Merit: 250
I bought only 20 when it was 18EUR. I could have bought 500 EASILY without taking a huge hit on my savings.

Now I'm fighting hard to get to 70.


This game is never going to make you feel good.  If you wanna feel good go out fishing. These are the only guys you live to their 100s..Smiley
hero member
Activity: 532
Merit: 500
Currently held as collateral by monbux
Yeah invest in it again. Maybe a little investment until you find your love for it again. This was a mistake. But, now you can learn from it.
full member
Activity: 145
Merit: 100
A $300 usd coin is very close, so you should invest again.
sr. member
Activity: 406
Merit: 250
OP, have you bought in yet?  Smiley
sr. member
Activity: 285
Merit: 250
GODDAMMIT FUCK ME
I honestly don't want to invest because if I get back into it my mistake will haunt me forever.

Better the one selling at $10 after the bubble.
legendary
Activity: 1148
Merit: 1018
You just NEVER sell all your Bitcoins.

That's simply retarded.
full member
Activity: 127
Merit: 100
$Gangnam works hard, so you don't have to.
If you have money you should try to buy some now. Better late than never.

I want to but for some reason I have a gut feeling the price will drop soon. I hope I'm wrong Tongue

I hope you are wrong too. I will try to save up some monies and invest more when the price drops :p I just hated to see the price was around $180 last week but I could not afford to pick up more coins. Very sad!
legendary
Activity: 2198
Merit: 1989
฿uy ฿itcoin
If you have money you should try to buy some now. Better late than never.

I want to but for some reason I have a gut feeling the price will drop soon. I hope I'm wrong Tongue
maz
full member
Activity: 140
Merit: 100
As the Guinness advert says 'Good things come to those who wait'.

Have some patience, Bitcoin gravitates lower every time it goes up, just chill.

And avoid reading speculation, it's full of day dreamers that will only encourage you into making hasty decisions.
full member
Activity: 127
Merit: 100
$Gangnam works hard, so you don't have to.
If you have money you should try to buy some now. Better late than never.
legendary
Activity: 2198
Merit: 1989
฿uy ฿itcoin
Probably not as bad as OP, but I know the feeling.

I bought silver from my first earned 2.5 BTC a week before the price went up. I could've had a lot more silver if I waited for just a week Sad.
hero member
Activity: 826
Merit: 508
I feel for you! You could consider picking up a small % of your previous holdings and tuck it away... come back in 5 years. Can't hurt.  Cheesy
sr. member
Activity: 364
Merit: 250
GODDAMMIT FUCK ME
I honestly don't want to invest because if I get back into it my mistake will haunt me forever.

Just wait until the dip then, or invest in other thing like Gold while waiting Smiley
sr. member
Activity: 462
Merit: 250
GET IN - Smart Ticket Protocol - Live in market!
GODDAMMIT FUCK ME
I honestly don't want to invest because if I get back into it my mistake will haunt me forever.
hero member
Activity: 770
Merit: 504
Need a gun?
Thanks, but no, I just make a better cryptocoin
newbie
Activity: 28
Merit: 0
Need a gun?
hero member
Activity: 770
Merit: 504
To the OP. Although it may seem strange at the moment, you will be happier later on knowing that you supported the Bitcoin economy.

Jesus Christ! So the 'bitcoin' economy is supposed to be a 'good cause' of some kind? Get a real religion! The only ones supported here are they who made all the coins when they were easy to produce.
sr. member
Activity: 294
Merit: 250
One strategy I think is good........ invest half of what you might invest into bitcoins. If the price drops and it is a bubble then invest the other half. If it can go to this high of a price once it can again. If it doesn't drop but just keeps going up you also win.
full member
Activity: 168
Merit: 100
I hate my life.
Then buy the same amount of Bitcoins you had before, and know that you only lost out on ~$130 of the price jump, and got in on the other $880. Which is a lot better than most people will do.
legendary
Activity: 1001
Merit: 1005
To the OP. Although it may seem strange at the moment, you will be happier later on knowing that you supported the Bitcoin economy.
legendary
Activity: 1148
Merit: 1018
Buy and hold.
legendary
Activity: 2646
Merit: 1722
https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF
There is still hope! Start collecting Litecoins.

How many coins did you sell ?

Take solace in my story: https://bitcointalksearch.org/topic/the-return-of-bitcoinfx-myself-169140  Shocked

Remember: "Money is only really money, when its moving!"  Roll Eyes
legendary
Activity: 1001
Merit: 1005
There is still hope! Start collecting Litecoins.
donator
Activity: 2772
Merit: 1019
I predict Bitcoin or its alternatives will take over the world as the #1 currency of choice.  Therefor, mass adoption will ensue, and the price for a single Bitcoin will rise to high enough levels to feed and clothe you for the rest of your life--that is, if Bitcoin remains the king of crypto-currencies.

So if you think this is a bubble, just wait ten years from now, and saying to yourself, "We thought that was a bubble?!"

exactly. The first "bubble" isn't even visible on the all-time chart any more. Here's a zoom-in to the old times (I wasn't around):

legendary
Activity: 1078
Merit: 1003
I predict Bitcoin or its alternatives will take over the world as the #1 currency of choice.  Therefor, mass adoption will ensue, and the price for a single Bitcoin will rise to high enough levels to feed and clothe you for the rest of your life--that is, if Bitcoin remains the king of crypto-currencies.

So if you think this is a bubble, just wait ten years from now, and saying to yourself, "We thought that was a bubble?!"
yvv
legendary
Activity: 1344
Merit: 1000
.
donator
Activity: 2772
Merit: 1019
I hate my life.

may I ask: why did you sell all of them?

I admit to having sold some just 2 days ago. More than I ever sold, maybe about 5% of my stash.

And even that will probably make me feel bad on wednesday.

I take it you viewed bitcoin as "a way to make money"? Well, you did make money, didn't you? And that's what you wanted to achieve. So why do you feel like shit now?

Imagine it goes up further... if you get back in, you've only missed a little bit of the runup. If you don't and it goes up to 1 gold bar, you'll probably hate yourself even more.

When making a decision (like should I sell or should I buy) while you are missing some information (like: is bitcoin going to go up or down) there is an easy way to come to help come to a solution:

Imagine each of the 4 possible scenarios and evaluate how bad/good the result would make you feel:

(replace either buy or sell with "do nothing" depending on your situation)

  • 1.) you buy, bitcoin down
  • 2.) you buy, bitcoin up
  • 3.) you sell, bitcoin down
  • 4.) you sell, bitcoin up

The evaluation depends a little bit on your preferences. I, for one, want to avoid feeling really really bad, so I try to avoid option 4.) because selling bitcoin and seeing it go up when you believe in it would be just gut-wrenching.

Option 1.) would also make me feel bad, but clearly not as bad as 4.). I have long regained the fiat I put into bitcoin (way too early, btw) so I could tell myself: "nice try, too bad it didn't work, let's try the next thing" in case of a Bitcoin failure (yea right!). 1.) would mainly make me feel bad because all my friends and familiy who have been repeatedly and strongly suggesting to me to "sell all my stash" would then tell me: "see, I told you so, why didn't you sell, you idiot, you could've had this much fiat, now you have nothing".

Also on the good side: 2.) would make me feel better than 3.). So I'm clearly biased towards 1/2 (buy) and that's what I mainly did (hold 95%)

Well anyhow, maybe this helps someone making decisions without having sufficient information.

You have to live with the consequences of your actions, so why not do some simulations in your head of the different possible outcomes.

And yet another very good advice by lucif: If you're emotional and you're lacking coordinates, DON'T DO ANYTHING. Go walk the street, sleep or whatever until you have a clear view. Then make a new plan.
legendary
Activity: 1001
Merit: 1005
The price is pretty high right now. How am I supposed to know it's not just a bubble?

For 20 BTC, I'll tell you if its a bubble or not.
newbie
Activity: 28
Merit: 0
The price is pretty high right now. How am I supposed to know it's not just a bubble?

How were you supposed to know to hold on to your Bitcoins last time? Become more educated this time around, but I think there's always a high amount of pure luck (being in the right place at the right time) when it comes to speculation. Good luck!
full member
Activity: 219
Merit: 101
The price is pretty high right now. How am I supposed to know it's not just a bubble?

It's a risk you take.  If someone offered you 1000% return on a coin flip, but if you lose the flip you lose your investment, would you take it?  You control how much you want to risk, it could be as little as buying $20 of BTC or $1000, it's up to you.  But you might as well get in on the game, even if it's just a little bit.

If you lose the investment, well at least you had fun and learned something Smiley
hero member
Activity: 700
Merit: 500
The price is pretty high right now. How am I supposed to know it's not just a bubble?

You can't know and nobody knows. But do you wanna post "I did not buy before the massive price jump" when we hit $1000?
sr. member
Activity: 462
Merit: 250
GET IN - Smart Ticket Protocol - Live in market!
The price is pretty high right now. How am I supposed to know it's not just a bubble?
legendary
Activity: 1078
Merit: 1003
Buy back in and ride to $1000 Tongue
sr. member
Activity: 462
Merit: 250
GET IN - Smart Ticket Protocol - Live in market!
I hate my life.
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