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Author Topic: Buying Bitcoin was a worst decision of my life  (Read 15962 times)
Betwrong
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October 27, 2015, 02:45:56 PM
 #221

I bought once and the price went down too much.
That was my worst 'mistake' i would say.
But in your case i would think that you learned something and we should 'predict' if the price will go up or down.
For now bitcoin is only rising rapidly and it is going to reach soon $300.

Yes i think the price will continue increasing till the next halving coming on the summer. So i think holding Bitcoins nowadays is profitable idea. However we have to take care always and try to predict if the price will go up or down before buying bitcoin

Now buying BTC is a safe bet IMO. The price is rising and rising, and even if it goes a bit down it will inevitably rise to $500 in several months. But I wouldn't recommend anybody to invest all the money he has in anything even if it looks like a very wise dicision. The life  is unpredictable you know. )

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jt byte
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October 27, 2015, 02:59:44 PM
 #222

Now buying BTC is a safe bet IMO. The price is rising and rising, and even if it goes a bit down it will inevitably rise to $500 in several months. But I wouldn't recommend anybody to invest all the money he has in anything even if it looks like a very wise dicision. The life  is unpredictable you know. )

I really think that you are 'betwrong' because the price can suddenly fall down too much
Everything that is increased will be decreased one day too.
But by this trend i also think that bitcoin price will be higher but the chances to fall down again are high too.
leex1528
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October 27, 2015, 03:01:59 PM
 #223

So when did you purchase the coins?  How much did you purchase them for?  Did you sell any of them yet?  How many do you have currently?  All these questions you should be asking yourself.  Bitcoin price seems to be on the rise and it might be good for you to actually invest more.
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October 27, 2015, 03:03:24 PM
 #224

For me buying bitcoin not a worst decision of my life because i made huge profit from this as i have bought bitcoin at it is lowest price so i am in profit with my decision and much happy with it. Grin
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October 27, 2015, 03:04:19 PM
 #225

For me buying bitcoin not a worst decision of my life because i made huge profit from this as i have bought bitcoin at it is lowest price so i am in profit with my decision and much happy with it. Grin

This, I am still sort of kicking my butt, when Bitcoin was around $200 dollars I was really debating about purchasing some coins, however I thought it might go a little lower and waited, low and behold its now around $300 dollars and seems to be going up fast...I just can't pull the trigger
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October 27, 2015, 03:06:51 PM
 #226

I bought once and the price went down too much.
That was my worst 'mistake' i would say.
But in your case i would think that you learned something and we should 'predict' if the price will go up or down.
For now bitcoin is only rising rapidly and it is going to reach soon $300.

Yes i think the price will continue increasing till the next halving coming on the summer. So i think holding Bitcoins nowadays is profitable idea. However we have to take care always and try to predict if the price will go up or down before buying bitcoin

Now buying BTC is a safe bet IMO. The price is rising and rising, and even if it goes a bit down it will inevitably rise to $500 in several months. But I wouldn't recommend anybody to invest all the money he has in anything even if it looks like a very wise dicision. The life  is unpredictable you know. )

But I would recommend buying at this current price will get you huge profit unless making you regret in future. With respect to bitcoin every price is good price to buy. If you get a lower price to buy in future, then you can get a better average buying price then.
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October 27, 2015, 03:42:03 PM
 #227

I bought once and the price went down too much.
That was my worst 'mistake' i would say.
But in your case i would think that you learned something and we should 'predict' if the price will go up or down.
For now bitcoin is only rising rapidly and it is going to reach soon $300.

Yes i think the price will continue increasing till the next halving coming on the summer. So i think holding Bitcoins nowadays is profitable idea. However we have to take care always and try to predict if the price will go up or down before buying bitcoin

Now buying BTC is a safe bet IMO. The price is rising and rising, and even if it goes a bit down it will inevitably rise to $500 in several months. But I wouldn't recommend anybody to invest all the money he has in anything even if it looks like a very wise dicision. The life  is unpredictable you know. )

I think so too, i don't recommend to invest all our money to buy bitcoins even we are pretty sure that the prices will increase for sure soon. Always taking care worth and we can't exactly predict the future
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October 27, 2015, 07:54:38 PM
 #228

Knowing that bitcoin can go high and down fast,make any huge investment here is a huge risk that may become a huge reward but shouldnt invest the savings from a life into it.The current price looks atractive but sometime ago we were at this level already and we went back to 200 dollars,on the time i thinked were the new version they tryed to make us believe.
leex1528
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October 27, 2015, 08:48:55 PM
 #229

Knowing that bitcoin can go high and down fast,make any huge investment here is a huge risk that may become a huge reward but shouldnt invest the savings from a life into it.The current price looks atractive but sometime ago we were at this level already and we went back to 200 dollars,on the time i thinked were the new version they tryed to make us believe.

Truth.  Many people on here will tell you too buy now, they were also saying the exact same thing when coins dropped to $500, $400 so you don't have to listen to them.  It is a tough call what will happen with this, I am hoping for the best though.
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October 28, 2015, 04:05:09 AM
 #230

Knowing that bitcoin can go high and down fast,make any huge investment here is a huge risk that may become a huge reward but shouldnt invest the savings from a life into it.The current price looks atractive but sometime ago we were at this level already and we went back to 200 dollars,on the time i thinked were the new version they tryed to make us believe.

Truth.  Many people on here will tell you too buy now, they were also saying the exact same thing when coins dropped to $500, $400 so you don't have to listen to them.  It is a tough call what will happen with this, I am hoping for the best though.

That is right. Do it at your own risk. There are a lot of investment out there that you can make. This is just one of your option. If you go down here maybe your other investment can skyrocket high. Just dont try to put the blame on what you risked yourself.

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October 28, 2015, 06:07:31 AM
 #231

Well, it think he s got start thinking positively. After all, buying at higher price s not a problem as long as he decides to sell and acknowledges the loss.

So, just wait a bit more and dont sell. The price will be back to over $1k, I m quite sure about it.

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October 28, 2015, 05:42:31 PM
 #232

Bitcoin can one day return to that value ,on that time the coin were pumped,as we know were easy ,the same thing that happens at altcoins.Maybe one day the bitcoin can cross but i may say im very happy with the current value if it stand for this ammount well i will be happy and if goes above very happy .
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October 28, 2015, 05:55:01 PM
 #233

Bitcoin can one day return to that value ,on that time the coin were pumped,as we know were easy ,the same thing that happens at altcoins.Maybe one day the bitcoin can cross but i may say im very happy with the current value if it stand for this ammount well i will be happy and if goes above very happy .

I believe the value will rise still it may not go up to 1K but pretty sure I'm be glad I'm obtaining bitcoin these days. And its never going to be one of the worse decision of my life. Perhaps I would regret for not gaining more.

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October 28, 2015, 06:01:55 PM
 #234

I believe that at least once in the upcoming years the bitcoin price will reach again $1,000 as it was before.
To prove that the price can be even more higher that it was, and to make ROI at least for early holders.
Maybe buying at this time will become the worst action but who knows many things can affect the price.
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October 28, 2015, 06:25:12 PM
 #235

I believe that at least once in the upcoming years the bitcoin price will reach again $1,000 as it was before.
To prove that the price can be even more higher that it was, and to make ROI at least for early holders.
Maybe buying at this time will become the worst action but who knows many things can affect the price.

Yup they will reach 1000$ once the reward per block gets halved.Still you cant say it for sure.The odds are pretty weak.
But there is one thing I am sure of that bitcoins won`t last for long.


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October 28, 2015, 06:28:09 PM
 #236

I believe that at least once in the upcoming years the bitcoin price will reach again $1,000 as it was before.
To prove that the price can be even more higher that it was, and to make ROI at least for early holders.
Maybe buying at this time will become the worst action but who knows many things can affect the price.

Yup they will reach 1000$ once the reward per block gets halved.Still you cant say it for sure.The odds are pretty weak.
But there is one thing I am sure of that bitcoins won`t last for long.

If it reaches only once and never after that i think that would be shortly.
The halving period last time didn't change the bitcoin price.
But in the next one i think the price will be changed within few weeks when some miners will be shut down.
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October 28, 2015, 06:32:56 PM
 #237

Being part of this small community of bitcoin,compared to all people online,im glad with the current value and bitcoin has much more potencial to be show to those who dont wanna know about it.
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October 28, 2015, 06:35:25 PM
 #238

I believe that at least once in the upcoming years the bitcoin price will reach again $1,000 as it was before.
To prove that the price can be even more higher that it was, and to make ROI at least for early holders.
Maybe buying at this time will become the worst action but who knows many things can affect the price.

Yup they will reach 1000$ once the reward per block gets halved.Still you cant say it for sure.The odds are pretty weak.
But there is one thing I am sure of that bitcoins won`t last for long.

If it reaches only once and never after that i think that would be shortly.
The halving period last time didn't change the bitcoin price.
But in the next one i think the price will be changed within few weeks when some miners will be shut down.

If price increases in the coming weeks, only a few small miners would shut their machines off for good which cannot get some profits for their operations. If it decreases, then expect many other miners shutting down their machines too. Theoretically, halving of the mined supply means price increase, but that doesn't seem to hold true in bitcoin in all cases.
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October 28, 2015, 06:43:08 PM
 #239

Bitcoin can one day return to that value ,on that time the coin were pumped,as we know were easy ,the same thing that happens at altcoins.Maybe one day the bitcoin can cross but i may say im very happy with the current value if it stand for this ammount well i will be happy and if goes above very happy .

Wasn't it the gox bot that was pumping it to no end though? Combined with the chinese I guess, but who knows really.

Anyway, I really get annoyed at people who say "btc had its ATH, it will never go close to that again".

Right, btc jumped 4-5 times in it's history, and with the adoption lately and technology making btc easier to use, what's there to stop it really? More and more people are gonna wanna use it in the future and there are gonna be less and less coins to spread around.

Holding will be the way to go, I just wish I could invest it and let it grow over the years but it doesn't seem that easy to get your hands on miners.
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November 05, 2015, 07:34:12 PM
 #240

Openbazar will be another great project that may bring a huge interest into bitcoin and make bitcoin transactions getting bigger,as some people are holding their bitcoins since there isnt a good place to spend them safety and being able to buy anything.
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