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Title: Scared more of bitcoin fall, or rise ? Post by: ajareselde on February 19, 2015, 10:28:07 PM Its a pretty straigh forward questions. Many here as i see talk about whale dumps, bitcoin thefts that would bring the price much lower and so on..
Well i'm actually scared of bitcoin taking off to prices of > 1000 USD where its much harder for me to aquire them, since i have an ultimate goal of ~100 bitcoins to keep for as long as it takes. Talk about a bagholder,huh? Well, i cant help myself, and i was wondering am i alone on this one, or is there more people thinking like this. cheers Title: Re: Scared more of bitcoin fall, or rise ? Post by: podyx on February 19, 2015, 10:36:18 PM Anybody who's not a retard is more scared of a bitcoin rise then a bitcoin fall but it's pretty irrelevant anyway. It obviously doens't mean bitcoin is poised for greatness.
What do you rather lose? $10k (assuming that is your investment amount) or $100k (assuming that is what you will make if bitcoin were to rise up from the dirt.) Title: Re: Scared more of bitcoin fall, or rise ? Post by: thompete on February 19, 2015, 11:13:08 PM Scared of both actually. Seems for people not holding much , it would be the fear of a rise, and people holding much it would be mostly the fall, but if they sell , then both.
Title: Re: Scared more of bitcoin fall, or rise ? Post by: billyjoeallen on February 19, 2015, 11:23:18 PM Anybody who's not a retard is more scared of a bitcoin rise then a bitcoin fall but it's pretty irrelevant anyway. It obviously doens't mean bitcoin is poised for greatness. What do you rather lose? $10k (assuming that is your investment amount) or $100k (assuming that is what you will make if bitcoin were to rise up from the dirt.) Opportunity costs are real, but they need to be compared against other opportunity costs, not actual costs. A biotech IPO may generate similar returns with less risk. For me personally Bitcoin offers the lowest risk/reward ratio, but that is based on my understanding of the underlying commodity/market/economics/utility. Nobody should invest in something they don't understand merely because others are doing so. Title: Re: Scared more of bitcoin fall, or rise ? Post by: Morecoin Freeman on February 19, 2015, 11:28:09 PM I'd love to better my buy-in position for one more year.
I think we will take off soon though. I have a pretty good position already so I will not complain. Title: Re: Scared more of bitcoin fall, or rise ? Post by: fearlesscat10 on February 19, 2015, 11:32:40 PM Its a pretty straigh forward questions. Many here as i see talk about whale dumps, bitcoin thefts that would bring the price much lower and so on.. Well i'm actually scared of bitcoin taking off to prices of > 1000 USD where its much harder for me to aquire them, since i have an ultimate goal of ~100 bitcoins to keep for as long as it takes. Talk about a bagholder,huh? Well, i cant help myself, and i was wondering am i alone on this one, or is there more people thinking like this. cheers I'm pretty much the same atm, but I'm slowly accumulating little by little as I go. Title: Re: Scared more of bitcoin fall, or rise ? Post by: ajareselde on February 20, 2015, 12:22:26 AM Anybody who's not a retard is more scared of a bitcoin rise then a bitcoin fall but it's pretty irrelevant anyway. It obviously doens't mean bitcoin is poised for greatness. What do you rather lose? $10k (assuming that is your investment amount) or $100k (assuming that is what you will make if bitcoin were to rise up from the dirt.) This is exactly what im thinking. I had great profits with both bitcoin and other cryptos, but the more i am involved with them, the more i started to believe only bitcoin should be kept. And now, after all that price crashing downwards it seams like a butiful chance to go back in and take a risk again, but what scares me the most is the chance ill end up behind with all the trades i make, and that price will simple go forward, leaving me behind in one of those trades. |