Bitcoin Forum

This is what happened to me.
Last year, I sold part of my holdings at $130, when it crashed a little. Then after a few days, it becomes $300 +. I sold out the rest.
Whoa, in a few weeks, price hits $1000. And I just stared at it.

So, incidentally, I hate losing out to a pump than of a temporary price crash.
(And I should be buying low and selling high.)

Which one are you more scared of/hate more?

if Bitcoin price crashing, I have nothing to worry about 2rd option

I would rather have bought and lost, than to be on the outside looking in, at all the ones who made great profits.

You rather buy and lose than buy and win right?? LOL you really are an idiot  ::)


LOL Think about alllllll the people with sell orders $10, $50, even $100 above the current price... How would you feel if we had another manipulated pump to $1,200 & you sold out right away & saw NO upside on that??? The ppl who tout about how great BTC is will be super pissed when they sell out way too early

Thats not what I said. I said I would rather buy and lose, than NOT buy and watch the price go up without me.

Thats what "outside looking in" means. Google it, educate yourself, idiot!

Let me know when you need some more schooling kid

Hahahahaha

You should only be afraid of option 2, because option 2 is a predefined fail; it should be a straight choice between...

Afraid of crash / Afraid of moon.

There should be no qualifier, because this makes it a leading question (you can only choose option 2 as it stands).

Once the question has been rephrased then it becomes a useful tool:

If you are afraid of crash, you have too many bitcoin.
If you are afraid of moon, you do not have enough.

That was the dumbest thing I ever heard... you would rather buy and lose money than not buy and not lose money but watch the price go up?

LOL!

Who got hurt more the people buying at $1,100+ or the people who didn't own bitcoin but watched the chart???
You now have over 5 posts of you being a complete idiot... please just stop posting in this section

Yes. I would rather buy 1 coin at $300, and risk losing $300, than to not buy at $300 and watch the price go to $1000, effectively losing $700 in gains that I could have had.

This is what the OP is asking. You now have 1002 post of being a complete idiot. I think you are the one that should not be in this section.

LOL Please put your bitcoins where your mouth is and escrow bet me a "fewcoins" hahah you won't even answer your messages because you know you make no sense!
https://bitcointalk.org/index.php?topic=901653.0 (https://bitcointalk.org/index.php?topic=901653.0)

It is better to have bought and lost than to have never bought at all.

Oh boy! Seriously?! Why would it be better to have bought and lost already than to just watch the charts and not lose at all???

Great thread! I voted for option 2. But, since I have Bitcoin, I should probably be afraid of a crash :D

Option 2 i think. We must be happy with something; You may not always want the maximum in life.

for me, surely first option!

ftfy

Never go full fiat.

I never gamble more than 10% of my coins.

This, I actually have no spare fiat at the moment. Only some for paying bills and food ;D

You went full retard.  Never go full retard.

I am afraid that the amount of fuel the Bitcoin rocket gathered over the past months, it might blast off to the sun and get burnt.

first scenario: I will have nothing
second scenario: I will have something

seems second option still better than first one

A, you invest $100, which presumably you could afford, BTC collapses.  -$100 from where you would have been had you made the opposite choice.

B, you fail to invest $100, and BTC appreciates to $1,000.  -$900 from where you would have been had you made the opposite choice.

You can only compare a decision to the alternative decisions you could have made, and the difference between the value of each choice is how the proper choice is made.  Losing an easily affordable sum is clearly a less bad outcome than failing to make an enormous profit.

Additionally, the possible downside from the initial $100 investment is limited, while the failure to capitalize on a vast appreciation is potentially unlimited in scope.

Considering further that the odds of BTC suddenly losing all its value is infinitesimal and the odds of it appreciating in value is high, the potential loss from failing to invest is higher than that from investing and losing.

i really don't understand how you can vote option 2.

It's simple avoid that fear: don't sell!

Instead, for option one, there's nothing i/we can do...

option 1 not gonna happen anytime soon, you need a new altcoin with plenty of new features, to destroy bitcoin, or a 51% attack maybe ...

I sold at 150$ right before the big surge. I sold more later and bought back and managed to turn a profit, but I also got wiser.

for everyone have bought >600$, bitcoin price is already crushed...

Option 2 by far.  I'm afraid of missing out on the boat, the choo choo train, the moon rocket, the bandwagon....

Nothing scares and scars more than missed opportunity and regret...

http://24.media.tumblr.com/b61b60bd1de07ae633a8e2015a181b39/tumblr_moargbFErc1qjq5r9o1_500.gif

Once the locomotive leaves the station, there's no stopping it.  I hope we all are on board when it does happen.

Me too.  Nothing as sad as watching a trainload of Bitcoiners going over a cliff, and noticing some empty seats :(

NotLambchop: "This troll is currently being ignroed."  :D

(cue one of NotLambchop's alternate trolling accounts to post the same thing underneath this post)

Most afraid for the bitcoin crashing, because I decide to HODL my BTC and then sell when I think that price is right for my requirement. Actually I invest many time in Bitcoin and I don't want that this is a lost time for me, I would want to see some result in future..

Option 2 will never happen to me. I will never sell ALL my bitcoin, will always keep some in cold wallet. I am not afraid of option 1 either. I do not have much bitcoin. My retirement is not depending on it, so a price crash doesn't scare me. If it does crash, I will buy some.

Probably because with a chicken-shit-afraid-to-lose attitude one would end up being be a mediocre good-for-nothing in life.

Say what you want but watching the charts and not loosing anything is what better than buying and loosing!

You're confusing stupidity and bravery.  Bravely blowing money on scratch tickets is exactly what get-rich-quick mediocrities are good at :-\

I had a similar event happen except I bought at $95 and sold at $210. Then I rebought at $500 and sold at $800. Of course if I would have just held I could have made a lot of money but that price increase was unexpected and never get too greedy is key.

Bitcoin is hardly scratch-off lottery tickets.

It's definitely watching the price going up the roof and regretted of not taking action when I had the chance to. It's doesn't matter if the price crash after I bought because I know I took the gamble and put on hope that one day it will reach higher.

Agree. Option 2 is more afraid/scared. Oke option 1 is scared too but in option 2 more scared because if you dont have bitcoin but the price going to the moon, you will buy some bitcoin and after that bitcoin price crash again, you'd be crazy!

Not having enough BTC to retire in 10 years.

the both of option make me scared but i choose the option 2 -_-

but i hope it does not happen to me, I hope by the time bitcoin prices to the moon in that time I have bitcoin for sale

Lol at the results.

Thats why bitcoin is going to lose the war. People are afraid more of btc's rise than its crash. They don't want it to succeed and get caught offguard.

This is because majority lost their trust to btc. If btc price was staying 800$ or more in these days the results were maybe be different.

If you've been around here long enough, then you know Bitcoin is prone to speculative bubbles and price "crashes".

That's pretty much why people picked the latter option, because they know about a thing called volatility.

Bitcoin's "crashed" so many times in the last 5 years, it's almost numbing to see just a $10-$15 swing.  Stick around here longer, you'll eventually learn something.   ;)

You must be kidding me. Btc get to 1000$+ Because Mt.gox Bubbled the whole market. Putin says a word bitcoin crashes! China wakes up, bitcoin rises! :) Then Democratic China Republic (Or Russia) says Bitcoin is no good, lets ban it; Bitcoin dies.

It was all like that.

Sure it didnt died yet. But like i said people are now in fiat mostly. They dont trust btc like they used to be.

Patience young padawan, 'tis still early days for Bitcoin.

We're merely here on the technology curve:

http://moneymorning.com/files/2014/07/bitcoin-market.png

Technology and price stability go hand in hand.  BTC is still pre-heating in the oven, the dough hasn't risen yet.

 :D :D :D

Like when the only relevant exchange was MtGox? Surely BTC was much more trustable then, right  ::)

both of them scare me
i want to see bitcoin trading at top and don't want to miss the train