I didn't lose the money I invested but all my profits and my Time.
I held it so long, I was too confident but lesson learnt.
Topic: If you sold right now, how much would you lose? - page 2. (Read 3012 times)
My dollar cost average is about $430, so I'd lose a substantial amount of the money I've put in. $200's is nice to pick up a few more but I need to save USD right now for moving/new job/house and all that jazz.
I have about half of my original stash left. If I sold that right now I would only make 1571%.
Less than zero.
But believe or not, those of us who made our first purchases relatively early (2011, in my case), know how the paper losses feel. I was down >90% on my initial purchases at one point in late 2011. It sucks.
Incidentally, it's probably the case that most people get in during a boom period, which obviously tend to violently correct soon after, so most bitcoin holders probably have the experience of being negative on their positions within a few months of their initial purchases. Silver lining, I suppose, is that only those who really understand the technology and believe in the potential stick around under such circumstances.
But believe or not, those of us who made our first purchases relatively early (2011, in my case), know how the paper losses feel. I was down >90% on my initial purchases at one point in late 2011. It sucks.
Incidentally, it's probably the case that most people get in during a boom period, which obviously tend to violently correct soon after, so most bitcoin holders probably have the experience of being negative on their positions within a few months of their initial purchases. Silver lining, I suppose, is that only those who really understand the technology and believe in the potential stick around under such circumstances.
Summed up a lot of how I've been feeling through this dip. I'm still positive so it's easy to remain cool, but I think even if I dipped a bit it wouldn't come close to how far down I was after I first got in on the way up to 266. That first cycle can be a messy cherrypop.
Less than zero.
But believe or not, those of us who made our first purchases relatively early (2011, in my case), know how the paper losses feel. I was down >90% on my initial purchases at one point in late 2011. It sucks.
Incidentally, it's probably the case that most people get in during a boom period, which obviously tend to violently correct soon after, so most bitcoin holders probably have the experience of being negative on their positions within a few months of their initial purchases. Silver lining, I suppose, is that only those who really understand the technology and believe in the potential stick around under such circumstances.
But believe or not, those of us who made our first purchases relatively early (2011, in my case), know how the paper losses feel. I was down >90% on my initial purchases at one point in late 2011. It sucks.
Incidentally, it's probably the case that most people get in during a boom period, which obviously tend to violently correct soon after, so most bitcoin holders probably have the experience of being negative on their positions within a few months of their initial purchases. Silver lining, I suppose, is that only those who really understand the technology and believe in the potential stick around under such circumstances.
I bought over two dozen around $120-$200, sold a few around $800, bought some more over the last year as it dropped. I think my average cost is around $160 each.
I'd lose my self respect and at least 10 karma points, but not a single Euro if I sold right now.
i "lost" all the $ when i bought the coins, it was/is a one way purchase to me. at least since i got burned with my attempts at trading 
i tell myself that the money is spent when i send it to an exchange.
until either btc is no more or i can use it to pay with it for the things i want
i tell myself that the money is spent when i send it to an exchange.
until either btc is no more or i can use it to pay with it for the things i want
even BOB was here
...
now hoping to take some at 100
not even if hell freezes oh wait maybe
its freezing the entire universe over
...
now hoping to take some at 100
not even if hell freezes oh wait maybe
its freezing the entire universe over
Well in the positives. I just got into cryptos around the time asics were starting to be a huge thing for mining BTC, so I got lucky and mined some early alts with some shit nvidia cards no less. I made out pretty good for no investment besides time and power... and this was only with 3 lower end nvidia cards.
This helped me when I had to cash out a few, of course in the 1K range, for I was hurt and on long term disability... kept the lights on and food on the table.
I sit on some. Not thousands like some people here will claim they have, but a okay amount. I am more than happy to sit here and hope that BTC one day will be a normal thing to use for everyone world wide, and I can sit back and say I was part of it... not being one of those day traders who only want profit... care nothing else about BTC.
Great things need some people to hold firm and be bold... everything that was an advancement in society at one point was laughed at... now its our turn to weather such things and who knows, come out smelling like roses.
This helped me when I had to cash out a few, of course in the 1K range, for I was hurt and on long term disability... kept the lights on and food on the table.
I sit on some. Not thousands like some people here will claim they have, but a okay amount. I am more than happy to sit here and hope that BTC one day will be a normal thing to use for everyone world wide, and I can sit back and say I was part of it... not being one of those day traders who only want profit... care nothing else about BTC.
Great things need some people to hold firm and be bold... everything that was an advancement in society at one point was laughed at... now its our turn to weather such things and who knows, come out smelling like roses.
about $3K
Highly interesting. There are a lot of people here that lost quite a big chunk (60-70%) and a lot of people who didn't lose anything (still at a positive). I'm too ashamed to tell you how much I lost. But it's depressing.
I just started trading. Hopefully it works better than hodling has...
Question: do these charts actually indicate what might happen in the future? Or are they just a kind of dismal record of the past?
"What might happen"? Yeah, well at least they show you how violent Bitcoin can be, so I wouldn't be surprised to see another bubble or two in the future. But they're by no means a definite indicator. Or which charts do you mean?
Do you day trade?
http://www.investopedia.com/articles/forex/05/diamondbear.asp
No, but I actually do believe in it in terms of a "self-fulfilling-prophecy", so to say. Huh you could be right with that one. But everyone's just still all panicky right now, I think it's remarkable that we're still somewhat pushing upwards. A good sign.
Highly interesting. There are a lot of people here that lost quite a big chunk (60-70%) and a lot of people who didn't lose anything (still at a positive). I'm too ashamed to tell you how much I lost. But it's depressing.
I just started trading. Hopefully it works better than hodling has...
Question: do these charts actually indicate what might happen in the future? Or are they just a kind of dismal record of the past?
"What might happen"? Yeah, well at least they show you how violent Bitcoin can be, so I wouldn't be surprised to see another bubble or two in the future. But they're by no means a definite indicator. Or which charts do you mean?
I gained. But I don't count the cost of electric, it's the cost of living/business. (writeoff)
Highly interesting. There are a lot of people here that lost quite a big chunk (60-70%) and a lot of people who didn't lose anything (still at a positive). I'm too ashamed to tell you how much I lost. But it's depressing.
I'd lose loads when it goes back up again, it's terrifying!
Sold all a few days ago, never had a lot though thankfully, I've lost around 2.5K.
I must be the only one.
I must be the only one.
~ 60%
Cashed out around my break even point a little bit ago when I guessed we were testing $255 again. It didn't bounce like I expected so I'm waiting to see how low it goes.
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