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Topic: Sharing my experience on trading fiat for bitcoin at $264.70 - page 2. (Read 3416 times)

full member
Activity: 164
Merit: 100
Thank you for the reply.

I was happy to trade away all my hoarded btc "cheaply" because I don't need any btc right now nor do i need any fiat.

I need to learn how to use btc effectively now.  Only hoarded them to help with the bubble effect.

I traded fiat for btc for $3.






sr. member
Activity: 354
Merit: 250
If you stick around 6-9 months you might get a chance to try buying the bottom. Feels much better IMO.
full member
Activity: 164
Merit: 100
Had 2btc at mtgox, thought 5 seems like a nice number, so waited as climbed up, gambled and
placed buy order for 3 (forgot about fees)

2013/04/10 05:27:12    In       0.56702174 BTC    4.98540213 BTC
BTC bought: [tid:136559xxxxxx] 0.56702174 BTC at $264.60000

Didn't total 5btc so took another stab:

2013/04/10 05:29:13    In       0.03000000 BTC    5.01200000 BTC
BTC bought: [tid:136559xxxxxx] 0.03000000 BTC at $264.70000

So almost got peak and had my 5btc.

I was very proud to "buy" bitcoin at the peak of its "bubble" and emotionally moved.

I did not trade any of my hoarded btc (more than 5) during the roller coaster ride nor when it leveled out at 150
because I did not want to part with my btc for fiat ever.

Instead I traded some when the troll box at btc-e where all yelling and screaming about BitInstant or BitStamps price
constantly dropping and then gleefully scooping up "cheap coins."  Traded rest periodically later and currently have none.

I hope I did my little part to help that with that dip.  

So far, to date, that has been my entire contribution to bitcoin, I intend to rectify that and will troll forums to see what I can do.
I got very excited about bitcoin in 2011, could see its potential, then got distracted and forgot all about it like most sheeple.

In closing, I would like to thank the bitcoin community and the developers for what you have accomplished in such a short time.

I am looking forward to working with some of you if I can in this next phase.

Regards,

Alex
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