Topic: I was not wrong to bought bitcoin. - page 5. (Read 1466 times)
It depends entirely on the profitability which depends on the nature of the market analysis and market momentum. You bought Bitcoin for $12k and you benefited from the upward market as a result of which you can say that you were not wrong. No matter who invest in bitcoin and from what stage it is, if it can make a profit by waiting for the price to rise, it can be said that it was not wrong. But judging by the power and efficiency of market analysis, you made the right decision by buying Bitcoin at $12k and it was really profitable for you.
I bought Bitcoin a few days ago for12 thousand dollars. At that time the price of one bitcoin was 28 thousand dollars. At present, the price of Bitcoin is 37 thousand dollars. Which is really good news for me. I made a post after buying bitcoin to see if I made a mistake in buying bitcoin. I was convinced that I had done nothing wrong and that it was now clear.
Below is a link to my previous post:
https://bitcointalksearch.org/topic/m.55985225
You just went in at the right timing. Still, you should remember that buying bitcoin is not good all the time. There will be instances where you might end up losing money instead of gaining whenever a sudden dump occurs. It would be best if you would first analyze the market and the changes of bitcoin's price before buying. By doing so, you may be assured that you will definitely gain lots of money from it. Know when and how long you should hold your bitcoin so that you can avoid losing great opportunities when the time comes. Below is a link to my previous post:
https://bitcointalksearch.org/topic/m.55985225
Good for you. You made a good decision to invest in Bitcoin. But still, continue to keep tracking the market. Think about your investment returns over the long term.
I bought Bitcoin a few days ago for12 thousand dollars. At that time the price of one bitcoin was 28 thousand dollars. At present, the price of Bitcoin is 37 thousand dollars. Which is really good news for me. I made a post after buying bitcoin to see if I made a mistake in buying bitcoin. I was convinced that I had done nothing wrong and that it was now clear.
Below is a link to my previous post:
https://bitcointalksearch.org/topic/m.55985225
Good for you, it's obviously a risk but it paid off for trusting bitcoin at that time. This is possible as long as you calculate, speculate, and analyze the current flow of the market, it's not pure luck because it's expected to surpass the recent ATH. These kinds of late investments have huge risks that only a few people do this because they don't want to lose money. They're afraid that's too late because the bull run started very early in q4. Well, if you think it's very worth it, what more to those people who invested in early 2020, x6 their money. Below is a link to my previous post:
https://bitcointalksearch.org/topic/m.55985225
I bought Bitcoin a few days ago for12 thousand dollars. At that time the price of one bitcoin was 28 thousand dollars. At present, the price of Bitcoin is 37 thousand dollars. Which is really good news for me. I made a post after buying bitcoin to see if I made a mistake in buying bitcoin. I was convinced that I had done nothing wrong and that it was now clear.
Below is a link to my previous post:
https://bitcointalksearch.org/topic/m.55985225
Whether you consider investing into BTC a wrong move really depends on the timing of both your buying and your selling. Below is a link to my previous post:
https://bitcointalksearch.org/topic/m.55985225
BTC may look volatile now but lets not forget where it was a few months back. Today BTC is making progress and you might be worried that you bought at the wrong time, tbh, only you can decide if it was a good time or not as only you can decide when to sell and what profit/loss you'll be taking.
As a word of advice, BTC could be 10X greater than what it currently is now so if you're willing to hold you should at least be comforted that in the future you won't be as worse off as you would if you never have a chance to sell now. Anyways, just another thought...
I bought Bitcoin a few days ago for12 thousand dollars. At that time the price of one bitcoin was 28 thousand dollars. At present, the price of Bitcoin is 37 thousand dollars.
That's the thing, even if you bought almost the top of Bitcoin or any other potentially quality alt coins you could still make a good profit from it if you're willing to wait and not sell in panic.
That being said the above statement should not encourage you to buy in high prices but it's mostly true for those who somehow ended up with buying at not a very good average price, Bitcoin or any other asset with a good potential for future rise in price is worth holding for a long time even in loss, and that's of course if you're not too much invested in it and you only invested what you can afford to lose.
I bought Bitcoin a few days ago for12 thousand dollars. At that time the price of one bitcoin was 28 thousand dollars. At present, the price of Bitcoin is 37 thousand dollars. Which is really good news for me. I made a post after buying bitcoin to see if I made a mistake in buying bitcoin. I was convinced that I had done nothing wrong and that it was now clear.
Good for you that you got some profit for a short amount of time. There are some investors who are now at a paper loss because they bought it at the top. Good news for you 
Possible that you really did a good decision that you bought Bitcoin at that price. Now the question is do you have plans of selling it? At what price you are planning to sell. There is nothing wrong if you buy Bitcoin especially if you bought it at a lower price that what the price is today but there is wrong if you don't have a selling plan. Long term?? Maybe but still put a target price or target time frame of holding it and one thing more is that just be ready because you know how volatile the market is.
Congrats to those investors who bought Bitcoin at a low price
. All those who bought after 2017 heared good news. Bitcoin price after 2017 made historic in cryptocurrency world.
Do you know that it took 4 years for Bitcoin to hit the old ATH of $20k while some impatient investors sold it at lost, now it's $33k and it keeps falling while some bought it at $40k, how many years do you think it will get back to new ATH, won't you assume it to be after 5-6 years time?The market is just complicated and no one could predict the future, so what's appropriate is to buy Bitcoin at any price and be a patient investor, that's all the secret.
Just don't be greedy, if you have already made a profit, that is enough.
We don't know exactly if op is performing short term or long term investments, if short term, it appropriate to sell out and take some profit,as same as a day trader, while on the other hand for long term, it's enough to hodl Bitcoin till the gain would be bulky and enough.
All those who bought after 2017 heared good news. Bitcoin price after 2017 made historic in cryptocurrency world.
No one like me a simple trader even guess that butcoin Price will rouch 40k.
At this time price dump to 33k but its a correction and soon price will be pump.
No one like me a simple trader even guess that butcoin Price will rouch 40k.
At this time price dump to 33k but its a correction and soon price will be pump.
Good for you that you've still take the profit by risking on that price. Many people will not take that risk because they know that the price is very high and they might just lose if they buy on that current price but you're decision on brought you a good and profitable decision. Right now you must sell it in order to gain profit because I believe that it is the peak of the bitcoin and what is happening right now was part of the correction, don't be greedy on the price because those who are greedy ends up nothing.
I suggest that you do not think from today to tomorrow, but make a long-term, multi-year investment plan, and have a starting point for exiting the market. Just don't be greedy, if you have already made a profit, that is enough.
Congratulations OP. Make sure to sell it when price is right for you. Wish you more great purchases like this.
For me even buying for 50k isn't a bad thing as prices will rise.
For me even buying for 50k isn't a bad thing as prices will rise.
there is nothing wrong with what you do, even if bitcoin is $ 40k and you buy it, I don't think you are wrong because bitcoin price will definitely go up.
Congratulations your decision by trusting Bitcoin has now paid off, I am sure you are very happy now. With an investment of $ 12,000 when
the price of Bitcoin was $ 28,000 and now the Bitcoin price is at $ 36,000, it is quite a profit you get. Because investing in other assets is unlikely
to give you the same profit that Bitcoin has given, my advice is to just HODL your Bitcoin. Because in the near future the Bitcoin price will create
another ATH, and the amount of profit you make will definitely be even greater.
the price of Bitcoin was $ 28,000 and now the Bitcoin price is at $ 36,000, it is quite a profit you get. Because investing in other assets is unlikely
to give you the same profit that Bitcoin has given, my advice is to just HODL your Bitcoin. Because in the near future the Bitcoin price will create
another ATH, and the amount of profit you make will definitely be even greater.
You are lucky and you managed to buy a medium low price, and now its value has increased even more so you can earn now and will continue to earn.
I'm glad to see someone get profit with BTC investments by only staying strong and having his faith hard. It was a big risk but now we see that it was worth it 
Besides, I believe that $40 000 is just only the beginning of BTC surprises this year. I can't help waiting to see Bitcoin reaching $115 000 in August. So I think now it's not the worst time to investing in Bitcoin.
Besides, I believe that $40 000 is just only the beginning of BTC surprises this year. I can't help waiting to see Bitcoin reaching $115 000 in August. So I think now it's not the worst time to investing in Bitcoin.
I bought Bitcoin a few days ago for12 thousand dollars. At that time the price of one bitcoin was 28 thousand dollars. At present, the price of Bitcoin is 37 thousand dollars. Which is really good news for me. I made a post after buying bitcoin to see if I made a mistake in buying bitcoin. I was convinced that I had done nothing wrong and that it was now clear.
Below is a link to my previous post:
https://bitcointalksearch.org/topic/m.55985225
Below is a link to my previous post:
https://bitcointalksearch.org/topic/m.55985225
That's good for you. It is indeed a big gain. You are really brave to buy at that price while others are grabbing that time to sell btc at high price, but you are buying. I sold my btc at $35000 and will hold until the price drop so I can buy more. Just sharing my plan.
I must say it is a good investment for the beginning of 2021.
It is really a win situation on your side and taking the huge risk made a good outcome for you. This is one of the best time to sell again your bitcoin and then wait again for the price of bitcoin to fall again and do the same thing.
Big profits come with big risks. OP managed to get the right timing to buy. Imagine, someone bought at the highest price, then the price slowly fell, then had to determine the right strategy, cut losses or wait indefinitely for the price to recover. that's the importance of basic understanding in cryptocurrency and investment, must use free funds.don't feel left out if you miss buying cryptocurrency whose price is suddenly good. do not be greedy or panic when you see other people gain a lot.
it's simple, ready to make big profits must also be ready to lose big. only invest what you can afford to lose. use free funds that will not make you fall into poverty if you lose.
Great to see you in cryptoworld and it as it were demonstrates that courageous individuals might pick up a great benefit when it comes to Bitcoin speculation. It was truly unsafe but as long as you believe the capability of Bitcoin, you'll without a doubt win something. Let's all trust that Bitcoin might reach more than $50k in near future. BTC development is erratic and it's making things more energizing.
I bought Bitcoin a few days ago for12 thousand dollars. At that time the price of one bitcoin was 28 thousand dollars. At present, the price of Bitcoin is 37 thousand dollars. Which is really good news for me. I made a post after buying bitcoin to see if I made a mistake in buying bitcoin. I was convinced that I had done nothing wrong and that it was now clear.
Below is a link to my previous post:
https://bitcointalksearch.org/topic/m.55985225
Below is a link to my previous post:
https://bitcointalksearch.org/topic/m.55985225
It is really a win situation on your side and taking the huge risk made a good outcome for you. This is one of the best time to sell again your bitcoin and then wait again for the price of bitcoin to fall again and do the same thing.
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