Buying Bitcoin was a worst decision of my life

[RealBitcoin]

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.

I think bitcoin will forever encourage savers vs spenders.

Savers are more responsible people and saving is what creates wealth , not spending.

[knowhow]

Well bitcoin gives the full power to the people,takes the control out of the country and those politicians,that wanna steal our money.Bitcoin has got more 100 dollars of value on this week and can achieve high value on the nexts years,soo for some is just investment and they bought and sold bitcoins.

[electronicfactura]

I am happy that I came to know this forum and bitcoin.Luckily I made entry when price were not so high and I bought some bitcoins to hold for long term.I am quite satisfied and sure I took good decision and have nothing to worry about it.

[Mickeyb]

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.

There is no doubt in my mind that we will cross $1,000 one day again. Actually more and more I am starting to realize that $10,000 isn't some huge number anymore. Bitcoin will reach this as well, I am sure of it!

[leex1528]

I wonder how he is feeling now?  I haven't seen him post on this again for awhile so I am sort of curious as to how he is doing.  It seems to be back on the rise. 

[eternalgloom]

Buying loads of coins at around $100 was not a bad decision for me.
It was pretty clear that the $1000+ prices were a bubble, I sold most when it hit $1100, I believe.

Just kept a few to play around with and tripled them over time.

[BADecker]

When all the bitcoins have been created, there will be 2.1 quadrillion satoshi's. This should be enough to give every man, woman and child in the world (7.5 billion), 280,000 satoshi's.

If this isn't enough, even though it would be difficult to create more bitcoins, the satoshi can be easily divided into as many smaller parts as we need - in the programming.

What this means is, we are in the very early stages of Bitcoin. We, the early adopters, take the risks, but ultimately the rewards will be greater than ever.

[cjmoles]

I wonder how he is feeling now?  I haven't seen him post on this again for awhile so I am sort of curious as to how he is doing.  It seems to be back on the rise.  

I was wondering the same thing as I watched the price pump this week.  I only hope the poor person is paying attention and just didn't give up and take the losses....Great pump this week fellas, let's keep it going!  SMILE

[knowhow]

Well i were away from here because my internet just burned when i searched the price it went 100 dollars above amazing.

[criptix]

@OP

if you are 16 and though u will be a millionair with 17 through bitcoin, well too bad.

[enhu]

This is the time when those who regret buying the bitcoin will start to regret more now that it start to rise again and may reach $500+.
I even regret that I've lost some of mine thru gambling.

[aso118]

Buying loads of coins at around $100 was not a bad decision for me.
It was pretty clear that the $1000+ prices were a bubble, I sold most when it hit $1100, I believe.

Just kept a few to play around with and tripled them over time.

Timing the market is difficult.
Best is to hold a few coins and benefit from long-term price appreciation.

[Supercrypt]

Buying loads of coins at around $100 was not a bad decision for me.
It was pretty clear that the $1000+ prices were a bubble, I sold most when it hit $1100, I believe.

Just kept a few to play around with and tripled them over time.

Timing the market is difficult.
Best is to hold a few coins and benefit from long-term price appreciation.

Yes holding for long-term is the only solution to erase your mistakes of buying at higher prices. In bitcoin many people have done buying  around $1000. But in my view they are not the worst decisions, because bitcoin have the bright future.

[zPanda]

If you time the market right, you'll be earning at least 500% returns.

[Arcteryx]

High returns if bought at the right time. You need to do some research before doing it or you will suffer like many have in the past month, including myself.

[kpitti]

Buying Bitcoin was not worst decision for me. U bought them for purchasing Miner and from that time I can`t complaint.

[Arcteryx]

Buying Bitcoin was not worst decision for me. U bought them for purchasing Miner and from that time I can`t complaint.

I wish I had invested in miners. Atleast I would have something physical to own and know it will make me something in return even if it low at first. But the coins that they make will accumulate in value over time, so that is a true investment in my opinion.

[Kprawn]

If you time the market right, you'll be earning at least 500% returns.

Where are you getting that kind of returns? The only people I know of, who might have seen that kind of numbers are the very early adopters. There are a lot of hype going around,

saying the price will skyrocket, but there are no solid guarantees for that. The last "bubble" were not even close to that for the people who bought Bitcoins within the last year.

A lot can happen and we should rather warn people about the volatility and the risk involved with investing in Bitcoin. A informed person, will make a wise decision. It is after all, just

a experiment.  

[makcik]

for me bitcoins are a great currency and they provide awesome way of earning also. But, for some people it has become a worst decision for them. Here are the reasons why:
(1) They invested in bitcoins. Rate went down and they had huge loss.
(2) They became victims of fraud or scam.
(3) their transactions got stuck in limbo forever (happens very very rarely though)
(4) They lost their wallet(there are many cases who are new to bitcoin)

[Miracal]

How many of you can admit that buying Bitcoin was a worst decision of your life? I can. I'm approximately -50% in fiat funds now.
Sooner or later some type of bank chain or coin will come and gain mass adoption - while bitcoin still remaining a geek coin
to buy weed.
I know this forum is more like a cult than a information channel what comes to honest opinions but I know there's others
on this forum who feel the same, almost all of us. Don't let your cult believer ego come in the way.

I'm sorry this did no work for you. I'm assuming you bought Bitcoin during the Mt'gox fake bubble and now BTC has not gone back up? Myself i purely reinvested all the BTC i bought and got and it is working very well for me.

I hope you can find a way to make BTC work for you...

Sorry to hear your story bro. But the point of a BTC market is the lows and ups. What would be the fun in it if it was straight up. Better do your market research to see the depth before you jump in.