Bitcoin Forum
May 27, 2024, 10:26:28 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: If you bought in June of 2011, at the worst possible time...  (Read 899 times)
chiropteran (OP)
Sr. Member
****
Offline Offline

Activity: 348
Merit: 250



View Profile WWW
March 20, 2013, 06:29:59 PM
 #1

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!

Amitabh S
Legendary
*
Offline Offline

Activity: 1001
Merit: 1003


View Profile
March 20, 2013, 06:41:17 PM
 #2

What if it became double in 1 month? as it happened recently?

Coinsecure referral ID: https://coinsecure.in/signup/refamit (use this link to signup)
phlogistonq
Full Member
***
Offline Offline

Activity: 159
Merit: 100


View Profile
March 20, 2013, 06:54:53 PM
 #3

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.

Wekkel
Legendary
*
Offline Offline

Activity: 3108
Merit: 1531


yes


View Profile
March 20, 2013, 06:58:02 PM
 #4

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.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!