viking02
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January 14, 2016, 03:47:55 AM |
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is there anyone still holding the btc that they bought when it was 1200?
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Arrakeen
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January 14, 2016, 04:17:49 AM |
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is there anyone still holding the btc that they bought when it was 1200?
I would hope many people are doing that - unless they went ALL in @ 1200 & needed to cash out with a loss to accommodate RL issues. Let's say you had a bunch of btc before it rose to 1200, but used some profit from trading to buy in (with the hopes it'd continue to rise). Then, BAM! Pitfalls to abysmal levels. Why WOULDN'T you hold?
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madonnino
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I ❤ www.LuckyB.it!
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January 14, 2016, 08:47:26 AM |
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Hey all, just as the title says, did anyone buy bitcoin when it's price was at it's peak ($1200)? And did they sell as it was dropping, or did they still hold on? I personally felt something was happening when it peaked :-/
So, back to the topic. Did anyone buy, and did they sell as it dropped? How much did they lose? Did you feel really really sad? What kind of an emotional impact did it have on you?
Off course yes, lot's of people jumped on the train on november 2013, yesterday i read the story of the guy who bought 311 bitcoin for 250k$ and then goxxed, a sad story
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dhimasnk
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January 14, 2016, 10:08:53 AM |
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no, I began to know the bitcoin when the price is back down to $ 600
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umaOuma
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January 14, 2016, 10:16:05 AM |
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no, I began to know the bitcoin when the price is back down to $ 600
Yeah, and thank god that we were lucky enough that we didn't buy bitcoin when the price was $1200 or else at a moment we would be messed up with bitcoins and surely go through huge losses, I joined bitcoins 8 months ago and that time the price was comparatively low, so even at this stage I am enjoying profits.
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1Referee
Legendary
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January 14, 2016, 10:25:27 AM |
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is there anyone still holding the btc that they bought when it was 1200?
People that bought at $1200 can't do much other than holding and waiting/hoping the price will come close to that price again. I do however think that a good portion of these people that did buy at the $1200 peak, have sold on the way down to prevent even bigger losses. It costs time, but eventually we'll be on these +$1000 levels again. Keep holding.
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flagpara
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January 14, 2016, 10:27:01 AM |
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I only bought at 250 and 600 a year ago. Most of them went into miners which i already sold for quite a nice price.
Buying at 1200 would have been foolish, every person who did this has lost over 50% of it's money.
You're saying that but what's the difference between someone buying at 1200 and the people buying at 450 few days ago? In both cases there was a huge rise without anything to back it and if the price seems stable it could have dropped a lot! And it may drop to 300$ in just a few hours, you can't know with btc...
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Steve_Tou
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January 14, 2016, 10:53:36 AM |
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Nope not me. But I knew someone who bought it... he is still upset and bitter about it til now. Anyway, I feel if you are buying or invest in bitcoin, you need to know how much you are willing to pay for it. (And what u are going use it for) Few years passed.. we see the up and down price... is not always stable and we are unable to really know it worth in next few mths or even a year. For me.. I will only buy it around $200 to 250 usd range.. if it drops below it, I can still keep and anything over.. I can profit and sell..
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A scam will be a scam. It won't sustain in long run, cause they can't make $ for you at all, they don't have any business model or investment plans to make money grows. All they did is use other people's $ to pay other users, so those who earned $ is just from other victims... in short a vicious cycle. People KNEW, but they just dump their $ in hoping for a miracle.
Maybe I have to give another example for people who can't understand. It's like- Going down to dirty sewers looking for fresh air.
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chennuan
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January 14, 2016, 10:58:56 AM |
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I didn't buy bitcoin, but I got it in some way and sold it right away because I needed the money.
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RustyNoman
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January 17, 2016, 12:34:28 PM |
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no, I began to know the bitcoin when the price is back down to $ 600
So you did not buy the coins at $1200. Did you buy any at $600. Are you going to buy now when the price is $370?
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xdrpx
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January 17, 2016, 12:39:56 PM |
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I haven't bought at $1200 or know anyone buying at that price, but from the charts maybe at that particular time there were a lot of people selling. Anyhow, those who did buy at $1200 would right now be dissatisfied by their move, best would be to hold and expect another jackpot
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Epicnicity
Member
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January 17, 2016, 12:51:27 PM |
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I didn't, sounds crazy that some people bought bitcoin for such a high price. I don't blame them though, nobody knows where bitcoin is going Bitcoin is very unpredictable.
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Boelens
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January 17, 2016, 01:27:21 PM |
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Nope, I only sold at this time. I had high doubt it would've gone any further up and buying during very quick price increases is always risky because it can easily crash right back down in a matter of an hour. If you bought at 1200 however it's best to just hold onto it for now rather than sell at 400, as there is a good chance bitcoin will go back up around that price some day.
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shiryu
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January 17, 2016, 03:17:20 PM |
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Nope I Never bought bitcoin at the price $1200 because i know bitcoin end of year 2014
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ausbit
Legendary
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January 17, 2016, 07:11:33 PM |
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Nope I Never bought bitcoin at the price $1200 because i know bitcoin end of year 2014
No brother, I didn't get the chance to buy the Bitcoins when it was at his peak amount of $1200, but those who was buying that time and the price started dropping then he or she really felt the pain of losing big amount of money.
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ShrykeZ
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January 17, 2016, 07:57:01 PM |
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I sold 10.5 or so BTC back then, didn't purchase any though. Would of purchased if I needed though.
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Zacudis
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January 18, 2016, 05:07:10 PM |
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I sold 10.5 or so BTC back then, didn't purchase any though. Would of purchased if I needed though.
Do you think it is good time to purchase now? The price has dropped since the $1200 price reached in 2013.
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///// [XVG]★★★★★ VERGE ★★★★★[Multi-Algo] \\\\\
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Blue line
Newbie
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January 18, 2016, 05:21:35 PM |
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I wasn't into bitcoin at the time where bitcoin was worth $1200, I think I would've probably sold and not buy at that high of an amount.
Seems a bit much for something that still needed to adapt.
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Dr.Osh
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www.licx.io
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January 18, 2016, 05:24:01 PM |
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I think there, I just bought bitcoin when the price is still $ 600 that may occur around the beginning of 2014 if not mistaken, I think people who buy at a price of $ 1,200 it will incur a loss, I guess
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elizabethqueen
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January 18, 2016, 05:58:28 PM |
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Hey all, just as the title says, did anyone buy bitcoin when it's price was at it's peak ($1200)? And did they sell as it was dropping, or did they still hold on? I personally felt something was happening when it peaked :-/
So, back to the topic. Did anyone buy, and did they sell as it dropped? How much did they lose? Did you feel really really sad? What kind of an emotional impact did it have on you?
i am sure someone buy bitcoin when the price was $1200,and then they sell it on price of $1300 just trader who do that.
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