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Author Topic: Buying Bitcoin was a worst decision of my life  (Read 16009 times)
smith coins
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November 07, 2015, 09:24:56 AM
 #261

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!

Well $10,000 for now is a huge amount of money.
I missed the chance to sell at 400s so a bit disappointed with myself.
But good days of course will come and bitcoin will rise, but $1,000 for sure.
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November 07, 2015, 09:27:21 AM
 #262

I don't like extremes. You probably chose to enter the "bitcoin" game.You could have entered the gambling game, the stock markets game and so on. Nothing is guaranteed around here: it took me 3/4 months to study bitcoin before puting a single cent inside. Noting is easy and nothing will never be that way.
I'm sorry you lost your money but this could have happened iwth so many other things.

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knowhow
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November 07, 2015, 11:18:09 AM
 #263

At bitcoin those investment can be recovered on the next years as we see bitcoin is getting a big value ,and well its future is grow even more.
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November 07, 2015, 11:31:51 AM
 #264

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

Yes this might be the case.But that would be more having luck than achieving it by skills.
This market is very unpredictable imo, and we all here who particpate in it know this I hope.
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November 07, 2015, 12:09:28 PM
 #265

Many people have invested in Bitcoin at a time when the price was $ 1000 +. At this point, certainly you can feel disappointed, but I am sure that in the long run no one will lose on Bitcoin.
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November 07, 2015, 12:12:13 PM
 #266

Your points make non sense.
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November 07, 2015, 01:00:56 PM
 #267

Bitcoin is like playing roulette.
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November 07, 2015, 02:11:32 PM
 #268

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.
You are insane. First, by putting 50% of your fiat on Bitcoin, when it's volatile as hell, second, to think Bitcoin will get replaced by anything. No, Bitcoin is here to stay, and you will eventually be +1000%, but of course, people like you lack the patience.
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November 07, 2015, 02:13:54 PM
 #269

Buying Bitcoin was thee worst decision of your life, but it's not bitcoins fault u decided to buy at such an incredibly high price, while you bought at that price someone else sold and they made money while you lost.
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November 07, 2015, 06:32:21 PM
 #270

I saw people selling huge amounts after the 100$ barrier increase,and after 10 minutes it got stabilized.
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November 07, 2015, 07:24:32 PM
 #271

The thing is when to buy and when to sell and on those two sides being able to grow your portfolio,some people had invested xxx ammount with fiat and the buy and sell they had taken those money,soo now they play with pure profit.Bitcoin will keep grow as its interest keeps growing and mining getting harder day by day.
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November 07, 2015, 11:26:29 PM
 #272

He should have bought bitcoin, not a miner.

Yes an equipment investment is bad if you get outpaced. I bought my old PC for 300$, and now its worth like 50$ , so what?

You bought it in order to get rich from it, well bad luck.

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November 10, 2015, 01:46:47 PM
 #273

The thing is when to buy and when to sell and on those two sides being able to grow your portfolio,some people had invested xxx ammount with fiat and the buy and sell they had taken those money,soo now they play with pure profit.Bitcoin will keep grow as its interest keeps growing and mining getting harder day by day.

Ofcourse it is all about moment to buy/sell, but when bitcoin was running up to $1200 came to the community many people how was looking for fast and easy money. Then when price follow down they just escape with losses. It is mistake because Bitcoin have a bright future and price will be growing.. It is just matter of time..
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November 10, 2015, 02:36:25 PM
 #274

Don't know if you have got your funds back as bitcoin price had increased to $500 but you should take it as a lesson. Don't invest in bitcoins or any other currency/website an amount that you cannot afford to loose. If you invested once and lost, leave it as the money gone might not be recovered. I don't know why do people keep saying to hold bitcoins for years as it's not worth waiting.

The thing is when to buy and when to sell and on those two sides being able to grow your portfolio,some people had invested xxx ammount with fiat and the buy and sell they had taken those money,soo now they play with pure profit.Bitcoin will keep grow as its interest keeps growing and mining getting harder day by day.

Ofcourse it is all about moment to buy/sell, but when bitcoin was running up to $1200 came to the community many people how was looking for fast and easy money. Then when price follow down they just escape with losses. It is mistake because Bitcoin have a bright future and price will be growing.. It is just matter of time..

I'm sorry but I don't agree that one should keep waiting for years. My own family member has been holding shares for the past 10+ years and now he is in loss of $26000. He's still stubborn and doesn't want to sell at the current price. Waiting is OK but there should be a limit set.

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November 10, 2015, 02:58:58 PM
 #275

So OP, how much fiat funds did you lose and did you get it back with the pump.
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November 11, 2015, 11:55:25 PM
 #276


I'm sorry but I don't agree that one should keep waiting for years. My own family member has been holding shares for the past 10+ years and now he is in loss of $26000. He's still stubborn and doesn't want to sell at the current price. Waiting is OK but there should be a limit set.

It depends on what shares you're buying .. if company is in trouble - you lose. If company is growing - you gain. Bitcoin is still at an early stage. There is no other way, only further development .. Well unless the total apocalypse, but this is little possibility.
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November 12, 2015, 12:47:06 AM
 #277


I'm sorry but I don't agree that one should keep waiting for years. My own family member has been holding shares for the past 10+ years and now he is in loss of $26000. He's still stubborn and doesn't want to sell at the current price. Waiting is OK but there should be a limit set.

It depends on what shares you're buying .. if company is in trouble - you lose. If company is growing - you gain. Bitcoin is still at an early stage. There is no other way, only further development .. Well unless the total apocalypse, but this is little possibility.
stage one
Yeah, what would be the odds of banks with a lot of capital and military power behind them finding out, that you can't really stop bitcoin. And trying to build their own bitcoin is pointless, since bitcoin already has the most adoption of them all.
stage two
What would be the odds of that military power being used to distract people to maintain economic supremacy.
---
The odds are stacked against us. But I guess internet has a way of snooping around and leaking important documents. I guess it would just be a matter of time when people find out the real reasons why that war happened. Not saying that it's going to happen 100%, I'm just saying that the odds are there.


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November 12, 2015, 03:07:33 AM
 #278

I don't regret one bit for buying the bitcoins that I have. I heard about it on the news 2 years ago and was wanting to buy some things online so I tried it out and love using it. Not looking back now.

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November 12, 2015, 03:22:22 AM
 #279

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.

Buying Bitcoin was not the worst decision of your life, though choosing to buy Bitcoin when it was in the midst of a huge upswing (almost always a bubble) was not the most prudent of choices.

This is not a negative reflection upon Bitcoin as much as it was your ignorance of market swings and bubbles.
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November 12, 2015, 03:32:23 AM
Last edit: November 13, 2015, 06:27:04 AM by mixan
 #280

Never seen any of my investments as a regret if I did then I would never have invested in the first place.
And that is all I see bitcoin as an investment.
It rises in value and can decrease which way the wind blows. So take your risk into it and just pray it goes your way. Is that not how life challenges are most of the time  Undecided

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