So how much have you lost this year by investing in Bitcoin? - page 2.

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: dropt on November 02, 2014, 02:37:43 PM

Quote from: JLelas on November 02, 2014, 02:29:49 PM

A lot, half of my savings. I feel like a total loser because I got fooled by bitcoin proponents who were saying $1000 is cheap, it would go to $100 000.

It's all relative. $30 coins looked expensive as hell when it went down to $2. How do those $30 coins look now?

Like you should have sold @30 and re-bought @2? You would have been fifteen times wealthier. That's what speculation is all about Undecided

Quote

I'm not saying that BTC will ever be $100,000, but you never know what's going to happen. I never thought it would hit $1,000, and if it did, it would be after 10 years. Looks like I was wrong.

If you "never know what's going to happen," you're not investing, you're gambling. The same "never know what's going to happen" reasoning drives the poor to spend their welfare checks on scratch tickets. You never know, a buck could get you a million, amirite?

Did you at least sell some coin close to the top, or ...are you still hodling?

dropt

legendary

Activity: 1512

Merit: 1000

Quote from: JLelas on November 02, 2014, 02:29:49 PM

A lot, half of my savings. I feel like a total loser because I got fooled by bitcoin proponents who were saying $1000 is cheap, it would go to $100 000.

It's all relative. $30 coins looked expensive as hell when it went down to $2. How do those $30 coins look now? I'm not saying that BTC will ever be $100,000, but you never know what's going to happen. I never thought it would hit $1,000, and if it did, it would be after 10 years. Looks like I was wrong.

JLelas

newbie

Activity: 3

Merit: 0

A lot, half of my savings. I feel like a total loser because I got fooled by bitcoin proponents who were saying $1000 is cheap, it would go to $100 000.

yraskk

member

Activity: 104

Merit: 10

Nothing luckily, I don't have a big quantity of bitcoin. I'm very sad for people which has bought bitcoin when price was 1130 $ !

Soros Shorts

donator

Activity: 1617

Merit: 1012

Quote from: MrBig on November 02, 2014, 12:24:39 PM

Quote from: maker88 on November 02, 2014, 12:14:13 PM

the real question is why do you guys want to stir up negative emotions so much, such a sad lot you are.

The same reason people try to stir up talk of million or billion dollar bitcoins.

Yes, market manipulation. Don't fall for it.

MrBig

sr. member

Activity: 369

Merit: 250

Quote from: maker88 on November 02, 2014, 12:14:13 PM

my initial investment of a thousand dollars got taken off the table, along with several other thousand in profit, and then i returned a small portion of the profit into coins at low 400s. those coins had unrealized gains of around $600 that i 'lost' by investing 20% of my profit from bitcoin back into bitcoin, however I'm not selling those bitcoin at a loss, and there for will not be losing those gains once the price rebounds.the reason which it will is because adoption is at an all time high and price, like it has so many times in the past, is just lagging. mostly due to intentional scare tactics adopted by whales for the purpose of accumulating more coins. if i lose it all, who fuckin cares it was free money in there in the first place.

the real question is why do you guys want to stir up negative emotions so much, such a sad lot you are.

The same reason people try to stir up talk of million or billion dollar bitcoins.

maker88

sr. member

Activity: 336

Merit: 250

my initial investment of a thousand dollars got taken off the table, along with several other thousand in profit, and then i returned a small portion of the profit into coins at low 400s. those coins had unrealized gains of around $600 that i 'lost' by investing 20% of my profit from bitcoin back into bitcoin, however I'm not selling those bitcoin at a loss, and there for will not be losing those gains once the price rebounds.the reason which it will is because adoption is at an all time high and price, like it has so many times in the past, is just lagging. mostly due to intentional scare tactics adopted by whales for the purpose of accumulating more coins. if i lose it all, who fuckin cares it was free money in there in the first place.

the real question is why do you guys want to stir up negative emotions so much, such a sad lot you are.

bronco

newbie

Activity: 57

Merit: 0

hmm I actually have 30 more coins than year ago. And family of 4 living on bitcoins all year long.

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: thms on November 02, 2014, 11:43:02 AM

Quote from: Beliathon on November 02, 2014, 11:04:09 AM

Quote from: thms on November 02, 2014, 10:50:44 AM

Quote from: Beliathon on November 02, 2014, 09:41:06 AM

$0, because i went all-in back in Q3 2013, before it was cool.

so you're down 55% because the bitcoins you have today are worth less than the same bitcoins in the 1st fo january this year.

Nope, that's not how that works at all. Fiat exchange price is irrelevant and of no particular concern except at the moments when we choose to exchange our crypto for fiat, or vice-versa. I'm down nothing unless/until I sell some BTC at lower price(s) than I bought them.

Considering I bought all my BTC between 120 and 200$, and sold a fraction of my holdings over the course of the last year between $400 and 1,100, I have only ever profited - 200% at minimum - from my dealings bitcoin.

You missed the thread title: "So how much have you lost this year by investing in Bitcoin?"

so no matter when you bought last year, the coins you had on 1st of january are worth 55% less today. That's all.

so you are saying btc went down in 2014 ?
thanks for going through all this research and also for generously letting us know.

thms

sr. member

Activity: 427

Merit: 250

Quote from: Beliathon on November 02, 2014, 11:04:09 AM

Quote from: thms on November 02, 2014, 10:50:44 AM

Quote from: Beliathon on November 02, 2014, 09:41:06 AM

$0, because i went all-in back in Q3 2013, before it was cool.

so you're down 55% because the bitcoins you have today are worth less than the same bitcoins in the 1st fo january this year.

Nope, that's not how that works at all. Fiat exchange price is irrelevant and of no particular concern except at the moments when we choose to exchange our crypto for fiat, or vice-versa. I'm down nothing unless/until I sell some BTC at lower price(s) than I bought them.

Considering I bought all my BTC between 120 and 200$, and sold a fraction of my holdings over the course of the last year between $400 and 1,100, I have only ever profited - 200% at minimum - from my dealings bitcoin.

You missed the thread title: "So how much have you lost this year by investing in Bitcoin?"

so no matter when you bought last year, the coins you had on 1st of january are worth 55% less today. That's all.

GangkisKhan

full member

Activity: 141

Merit: 100

End investors have a pattern to buy at top and sell at bottom.

When this group of people finally give up and sell, then it is time to buy as much as one can.

Beliathon

hero member

Activity: 784

Merit: 1000

https://youtu.be/PZm8TTLR2NU

Quote from: thms on November 02, 2014, 10:50:44 AM

Quote from: Beliathon on November 02, 2014, 09:41:06 AM

$0, because i went all-in back in Q3 2013, before it was cool.

so you're down 55% because the bitcoins you have today are worth less than the same bitcoins in the 1st fo january this year.

Nope, that's not how that works at all. Fiat exchange price is irrelevant and of no particular concern except at the moments when we choose to exchange our crypto for fiat, or vice-versa. I'm down nothing unless/until I sell some BTC at lower price(s) than I bought them.

Considering I bought all my BTC between 120 and 200$, and sold a fraction of my holdings over the course of the last year between $400 and 1,100, I have only ever profited - 200% at minimum - from my dealings bitcoin.

thms

sr. member

Activity: 427

Merit: 250

Quote from: Beliathon on November 02, 2014, 09:41:06 AM

$0, because i went all-in back in Q3 2013, before it was cool.

so you're down 55% because the bitcoins you have today are worth less than the same bitcoins in the 1st fo january this year.

Beliathon

hero member

Activity: 784

Merit: 1000

https://youtu.be/PZm8TTLR2NU

$0, because i went all-in back in Q3 2013, before it was cool.

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

Quote from: CryptoCarmen on November 02, 2014, 07:20:30 AM

Quote from: deepceleron on October 31, 2014, 05:44:15 PM

I've lost zero bitcoins. Every bitcoin is right where it should be.

If you would invest in USD, you would have BTC doubled.

Not to invest is a loss. Not that an investing is profit.

If you had invested in Emerge Energy Services LP (EMES) NYSE:EMES would have fiat doubled.
Not to invest is a loss. Not that an investing is profit.

CryptoCarmen

member

Activity: 84

Merit: 10

★Bitin.io★ - Instant Exchange

Quote from: deepceleron on October 31, 2014, 05:44:15 PM

I've lost zero bitcoins. Every bitcoin is right where it should be.

If you would invest in USD, you would have BTC doubled.

Not to invest is a loss. Not that an investing is profit.

niaz

newbie

Activity: 56

Merit: 0

well now 324$ i am very worried i think i will beg future...i am done lol

i don't want to say this......don't invest what you can't afford to lose...

catena5260

sr. member

Activity: 476

Merit: 501

Nothing. I'm not dumb enough to join the HODL team, with so many bad news this year.

In fact I got some gains that I would never be able to get in any other way

Richard Branson

hero member

Activity: 515

Merit: 506

Screw It, Let's Do It

Quote from: zakalwe on November 02, 2014, 05:22:42 AM

Quote from: thms on October 31, 2014, 05:36:09 PM

Considering bitcoin was $740 on 01/01/14

and today is: $340

The real question is what the hell are you doing in this forum?

Another worthless troll.....get a life boy if you don't believe in cryptos go out and do something worth.

Anyway, boy, let's come back here in one year.

For people who bought at 1000 and sold at 300: I'm sorry for you of course but you should have hold. This is a medium term target investment or the best way to buy and tranfer value.

You sound like someone who bought too high. With bitcoin you need the balls to sell HIGH and buy low.
There were lots of rebounds this year to Profit from.

And yes, if you bought @ 1000 and didn't sold till now, you should hold or buy more. But don't expect that you will be in a Profit Zone soon.

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: alani123 on November 01, 2014, 06:36:25 AM

Countless hours.

yep

Topic: So how much have you lost this year by investing in Bitcoin? - page 2. (Read 4695 times)