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Title: If you bought in June of 2011, at the worst possible time... Post by: chiropteran on March 20, 2013, 06:29:59 PM If you bought $10,000 worth of bitcoins at the peak before the crash of 2011, your investment would be worth double that today, approximately $20,000.
So, if you buy something, and 21 months later it is worth double what you paid for it, did you really fall victim to a bubble? If so, I welcome further bubbles! Bring on the bubbles! I'd love to double my investment every 21 months! Title: Re: If you bought in June of 2011, at the worst possible time... Post by: Amitabh S on March 20, 2013, 06:41:17 PM What if it became double in 1 month? as it happened recently?
Title: Re: If you bought in June of 2011, at the worst possible time... Post by: phlogistonq on March 20, 2013, 06:54:53 PM Exactly this happened to me, except that I only bought 2 BTC, at a price of Eur 25,- each. Never sold them, and glad I didn't.
Title: Re: If you bought in June of 2011, at the worst possible time... Post by: Wekkel on March 20, 2013, 06:58:02 PM Today, I looked at my tiny mining payments of 2011/2012. A lot of money today, but nothing at that time. I keep on repeating everywhere: Buy and Hold.
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