Buying Bitcoin was a worst decision of my life

[Spoetnik]

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..

bs.

time is money !

i cashed it all out when it was a grand a coin
glad i did too.

you guys don't know squat !

waiting 3 or 4 or 5 or 10 years for it to go back to $1,000 a coin is retarded.

why do you think banks charge interest on loans ?

the time you sit on your Bitcoins hoping to one day get rich is time wasted away and it's costing you.
your money can be put to work for you instead of sliding in reverse.

Bitcoin is perishable.. it goes moldy and rots. LOL

ALL of you need to speak to a real investment professional about basic common sense when investing.
It's really simple here kids.. you invest in something the longer it takes you to get a ROI the worse off you are.
TIME IS MONEY !

wake up guys and stop spewing moronic bitcoin fanboyism (because your clueless desperate bag holders)

the worst thing you can do with Bitcoin is sit on it (if you want to profit)
If you are a supporter or something then that is a whole other thing.
If you are a supporter it won't matter what the exchanges say the price is.
IF you came to siphon profit from the bitcoin machine and it bit you then too bad.. that is what you get for being greedy.

You only lose when you click sell.

And the guy on page 1 made a good point about doubling down.
If your in it for profit you should be able trade your way out of the mess (if you didn't do too much damage)
wanna play the money game then you better be skilled and have your game face on and be ready to battle to the end.
or cash out for a loss and cry like a bitch LOL

[RealBitcoin]

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.

idk, every miner I bought, I re-sold for almost as much as I paid for it...crazy eh?  like, I bought off alibaba the usb block erupters (long time ago) when everyone said dont buy em, its useless, etc.  sure they didnt mine a lot, but i learned a lot and it was fun (gpu mining too with alts).  sold them 1 1/2 years later or so and...well....about the same price or more.  If you buy mining at decent price, and re-sell before its obsolete, it should be okay.

edit:  get rich, you are correct.  no riches, just a little profit.  I heat my garage.  in winter.  its fucking cold here.  win-win

Yep bitcoin mining is a very innovative industry, and because so fast so new mining equip comes out, you see a big deflation in prices.

Better plan carefully when buying some because it can halve in price quickly, and if you cant ROI from mining, then you lose your money fast.

[punter1]

try trading bTc and you get profit

[Blue_Tiger73]

For me not at all. Bitcoin was great profit for me. My friends all invested in Bitcoin when it was just a couple of cents and there persuaded me to invest as well. Now I am grateful that they did that because back in 2010 I sold most of my Bitcoin for around $1000 and earned quite a lot of money from that. I am kind of sad now that I didn't sell all my Bitcoin but then again, Bitcoin is great for day to day life and online shopping.

[lorylore]

For me not at all. Bitcoin was great profit for me. My friends all invested in Bitcoin when it was just a couple of cents and there persuaded me to invest as well. Now I am grateful that they did that because back in 2010 I sold most of my Bitcoin for around $1000 and earned quite a lot of money from that. I am kind of sad now that I didn't sell all my Bitcoin but then again, Bitcoin is great for day to day life and online shopping.

no need to feel sad. you are already very very very very lucky to earn so much for so little input at the start. when i know it, it is already 100$. and i lose a lot of btc in some investment in the digital world. it is so hard to earn in investment that time.

[n2004al]

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.

What can you tell now after the happening of the last 10 days? Have you again the same idea like that your wrote in your above main post? Bitcoin was 100% higher in price and if you were smart and were -50% in lost (in fiat money) had the "golden" chance to have +50% in fiat money. Have you done this? Have you sold your "hated" bitcoin? Or have changed your mind seeing that price and did not sold any of your bitcoins hoping for more?

I don't know what do you think now and if you again "hate" bitcoin but I can tell you that bitcoin "have heard" your plaint and gave you a sign of its potential. If you were able to understand it you must have now more clear thoughts in your mind about it. If not, I think that you will have always doubts about everything you will do in your life.

[yenxz]

if you have so much money,you dont have to worry,but if you not,its true..that a worst decision

[Djisamsoe]

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.

I don't know why military power have to involved now in Bitcoin.. It is to early for that. The first step will be the banks and corporations, later people and at the end military industry. We are on the very beginning of first step. So no worries, everything will come in right time.

[faridkifly]

i always think that i will not buy bitcoin in my life.
because the price is unstable, so i'm just looking for btc not buying for btc to avoid big losses

[mayax]

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..

bs.

time is money !

i cashed it all out when it was a grand a coin
glad i did too.

you guys don't know squat !

waiting 3 or 4 or 5 or 10 years for it to go back to $1,000 a coin is retarded.

why do you think banks charge interest on loans ?

the time you sit on your Bitcoins hoping to one day get rich is time wasted away and it's costing you.
your money can be put to work for you instead of sliding in reverse.

Bitcoin is perishable.. it goes moldy and rots. LOL

ALL of you need to speak to a real investment professional about basic common sense when investing.
It's really simple here kids.. you invest in something the longer it takes you to get a ROI the worse off you are.
TIME IS MONEY !

wake up guys and stop spewing moronic bitcoin fanboyism (because your clueless desperate bag holders)

the worst thing you can do with Bitcoin is sit on it (if you want to profit)
If you are a supporter or something then that is a whole other thing.
If you are a supporter it won't matter what the exchanges say the price is.
IF you came to siphon profit from the bitcoin machine and it bit you then too bad.. that is what you get for being greedy.

You only lose when you click sell.

And the guy on page 1 made a good point about doubling down.
If your in it for profit you should be able trade your way out of the mess (if you didn't do too much damage)
wanna play the money game then you better be skilled and have your game face on and be ready to battle to the end.
or cash out for a loss and cry like a bitch LOL

very good point !

moronic bitcoin fanboyism is something very common on this forum.many people are looking to BTC like being a god

[EdenHazard]

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.

Sometimes I agree with you, that buying bitcoin was a bad decision, but I believe that it will not happen if you buy bitcoin at the right time and in the amount yng right, I'm sure you will not regret having bought bitcoin, it also becomes a lesson for me.

[danherbias07]

i always think that i will not buy bitcoin in my life.
because the price is unstable, so i'm just looking for btc not buying for btc to avoid big losses

Well that is the good news. we can earn it through different tactics. There are a lot of ways. Just like faucets and signature campaign. I am also an examlple of a non buyer bitcoin.

[Kevin77]

i always think that i will not buy bitcoin in my life.
because the price is unstable, so i'm just looking for btc not buying for btc to avoid big losses

Well that is the good news. we can earn it through different tactics. There are a lot of ways. Just like faucets and signature campaign. I am also an examlple of a non buyer bitcoin.

I guess you people are doing your lifetime mistakes.
Because avoiding buying bitcoin must be a regrettable action in your future.
The volatility  of bitcoin prices are most common and you cannot expect a stable price to buy bitcoin. Those who bought bitcoin 2 months back have just doubled their bitcoins.

[SmartIphone]

Everyone has good or bad experience with bitcoin but personally i have bad and good.
Firstly it's good that i heard for bitcoin, then sometime i earn sometimes i lost but the result is not bad.

[Supercrypt]

i always think that i will not buy bitcoin in my life.
because the price is unstable, so i'm just looking for btc not buying for btc to avoid big losses

Well that is the good news. we can earn it through different tactics. There are a lot of ways. Just like faucets and signature campaign. I am also an examlple of a non buyer bitcoin.

You must be a notorious example for doing so. How we can expect a stable price for buying bitcoin.
If you expect a stable price, then you will never get benefits by saving bitcoin for long time. Taking little risk will get you more benefits by buying bitcoin just because of fluctuating prices.

[davinchi]

i always think that i will not buy bitcoin in my life.
because the price is unstable, so i'm just looking for btc not buying for btc to avoid big losses

Well that is the good news. we can earn it through different tactics. There are a lot of ways. Just like faucets and signature campaign. I am also an examlple of a non buyer bitcoin.

You must be a notorious example for doing so. How we can expect a stable price for buying bitcoin.
If you expect a stable price, then you will never get benefits by saving bitcoin for long time. Taking little risk will get you more benefits by buying bitcoin just because of fluctuating prices.

Yes without fluctuating prices there will be no benefit for the buyers.
With the fluctuating prices of bitcoin there will be a definite benefits for the buyers. The only differences this how quick we are getting benefits if we are lucky enough then there will not be any wait for higher prices.

[crazyivan]

It s obvious u went into this with get rich quick idea. This does not work that way and you do need to be patient. U get into green by the end of this year, big time. Unless you ve been stupid and sold.

[funkydog]

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 just made a bad buy at high price... i'm sure there are a lot of people saying that buying stock was the worst decision of their life and some say it was the best, same with bitcoins...

[Gloober]

I can't say that I regret buy bitcoin because I never have. I could see why some people would regret buying at a higher price.
It would make it harder for them to get profits off those bitcoins. I think that if you bought at a high price and hold for now, you are still able to make profits.

[Xmaseven]

I try to understand what is the best choice, buy or not buy, save or not to save...

I take as good a +10/-10% in one year as reasonable profit/loss.

If there are more % to loss I try to move some funds in other "assett" more profitable or more stable in the long time...