That moment when you buy 1BTC at $2500 - page 8.

BureauChef

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Quote from: FrankNoland on May 29, 2017, 06:07:01 AM

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?

Before you invest, the money you're investing should be not-needed money. If you need that money and you invest it instantly, you have problem. If you need urgent cash, you will have to sell and lose. That's the key, I guess.

YOYOY

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That was a bad buy at that moment but try to keep it maybe it will increase so soon and maybe it will price $4000 in the next few months of waiting, patience is a virtue man.

Polar91

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Quote from: FrankNoland on May 29, 2017, 06:07:01 AM

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?

At the moment that you buy 1BTC it is pretty sure that you have a goal on buying one of course for your own purpose and own gain. If you will observe the recent and previous exchange rate, it is quite that low to sell one. But if you really want to gain what you have invested, you will just hold it for a while and wait for the moment that the exchange will pump its price rate that is more than the amount you have invested when you bought that 1BTC for $2500 so that you can gain more.

Himeya

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I would probably to just hold it first, then eventually when the exchange increase that's the time that I will use it to my expenses.

swiftbits

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Quote from: FrankNoland on May 29, 2017, 06:07:01 AM

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?

I would hold them rather than selling..even though the Bitcoin price dumps, that doesn't mean it will continue to dump
Bitcoin price always have big changes every month/year, and I can say it always result for bigger price, you'll greatly benefit from it. just wait..

Chyton

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Be patient, hold on them. Treat them like a long term investment or perhaps act as if your $2500 was robbed, put your bitcoin in a paper wallet (make sure it's encrypted) and make 3 or more copies of them and store them securely. Make reminder on your phone in 2-3 years to check on your bitcoin(s), while you're waiting just run your daily life.

Rinder

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Most people does wanna instant results, bitcoin investment must be thinek to medium long time, at this moment the crypto is very unstabe to invest, soo you can buy and hold or wait this storm ends.

Mandoy

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Aurox

Quote from: steamon on June 19, 2017, 06:28:07 AM

I am telling people to buy 1-3 bitcoins and hold it for a few years yes. I believe it will go 10000$ and beyond. It won't by a straight line but we are talking about years and trends.

That is true but let us take some precautions today and wait until october before we decide something like that. Buying bitcoins today is very risky since we do not know what will happen on AUgust 1. The news about the bitcoin split is like an armageddon to some and thus we can possibly expect a bitcoin dump that will result to bitcoins value depreciation. Thus it is much better to just hold your money for now and wait until the coast is clear in bitcoin then buy. I am not very negative to bitcoin but it is just a warning to investors to take safety measures since its hard to earn money nowadays.

Aikidoka

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Sinbad Mixer: Mix Your BTC Quickly

I suggest you to hold for now until it goes higher then you can sell it because bitcoin price is not stable. It is just about making smart moves and having strategic methods. If I were you, I would hold it off and wait. It does not matter how long it is going to take. What matter most is profit. Once you get profit, buy another bitcoin and see if it is suitable for you to gain profit or not. Eventually, you will have much money in your pocket.

verygusmansyah

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Hold. Maybe a few days later bitcoin prices will go up. And you will benefit greatly

MarkReuter

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In a couple of years you will be able to tell your friends what a profitable deal you made by buying BTC at a price of $ 2500. If there is free money, then do not sell BTC for 8-10 years and, Perhaps you will own a whole state

fistfullofbtc

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a lot look the past and think holding is the answer, but looking to the past to predict the future is flawed. for a start btc market has dropped massively this year, which is underrepresented. the infighting could kill btc , they only way really is diversification.

interesting article

https://www.economist.com/blogs/freeexchange/2009/09/does_the_past_predict_the_futu

jak3

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I guess no matter what happens you have to hold it till your losses turns into profit. everyone knows that bitcoin is the worlds best long term investment now it crosses its own limits again and again so it will cross $2500 price too that's obvious just hold your money.

ashfakur

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I told you jast hold it. Every investment have risk bitcoin not out of this. But bitcoin get popularity day by day and price will be higher. So you jast hold it for good profit.

South Park

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Quote from: steamon on June 19, 2017, 06:28:07 AM

I am telling people to buy 1-3 bitcoins and hold it for a few years yes. I believe it will go 10000$ and beyond. It won't by a straight line but we are talking about years and trends.

You are correct about this but the truth is that many don’t have the will to resit the ups and downs that comes with bitcoin, just look in a little bit more than a month a decision about the future of bitcoin is going to be taken and that could easily tank the price of bitcoin, many are going to sell for a loss and only those that hold and endure the storm are going to benefit from it.

AleSergio

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BuyAnyLight - Blockchain LED Marketplace

All cryptocurrencies are so. Someone bought them earlier for 100 dollars and holded them for a long time, now they are selling them for a higher price. It is not only bitcoin, altcoins are the same

Rizky Aditya

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Quote from: ozaeri on June 16, 2017, 08:50:00 PM

The short term price swings aren't important since most of us know it will rise and rise further in the future. I'm pretty sure we will hit $5000 before the end of the year and this thread will turn from one of regret at buying too high to one of happiness, that is unless OP already sold.

Well the price of Bitcoin is increasing Day After day and those people who bought Bitcoin at a very cheaper value are really the lucky ones because now today they are surely able to enjoy the large profit by spending small amount it's all because of the rising price. It's really shocking to see that how rapidly the price of Bitcoin is increased in a short time. A lot of people are still worried about the fallen price of 2013 but be happy that the price has been increased for almost $3,000 so my recommendation is to hold your Bitcoin still more and more higher value of Bitcoin.

yugu

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^_^

Quote from: steamon on June 19, 2017, 06:28:07 AM

I am telling people to buy 1-3 bitcoins and hold it for a few years yes. I believe it will go 10000$ and beyond. It won't by a straight line but we are talking about years and trends.

I wouldn't be that sure to advise people things like that.
Competition is tough, crypto technologies are becoming more sophisticated.
Bitcoin is miserable comparing to ETH etc... It will go away years wise.

batang_bitcoin

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Quote from: steamon on June 19, 2017, 06:28:07 AM

I am telling people to buy 1-3 bitcoins and hold it for a few years yes. I believe it will go 10000$ and beyond. It won't by a straight line but we are talking about years and trends.

Well my decision are now firm. I'm going to hold probably 1-5 bitcoins and the excess ones will be sold for good that will be used for buying my needs or investing to real estate. Even I will have 1 bitcoin in the future but if the price is at $10,000 then I still win and got enough profit for doing nothing but by just becoming patient.

steamon

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I am telling people to buy 1-3 bitcoins and hold it for a few years yes. I believe it will go 10000$ and beyond. It won't by a straight line but we are talking about years and trends.

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