$450 - $500 means many of us are now even or ahead

[bitcoinblessed]

I bought at around $250. Holding on to 1 coin hoping it hits 1,000!

[helloeverybody]

Id like to buy at the current price but im just not confident enough to take the plunge at what its at now. Needs to stabalise more for me.

[pawel7777]

...
 I would have to do the onerous work and check my figures, but $450 - $500 is probably about my break-even.

I have spent some (on gold), so that will likely complicate my calculations.  Perhaps I could value my BTC on a "FIFO" basis   Accountants' comments are welcome.

FIFO relates to inventory valuation, not really useful for you (as the value is set at cost not actual market value).

Just treat gold purchase same as selling bitcoin. So add together all the $ spent on BTC (including fees etc), take away $ value of gold bought (at that time), then divide the result by the amount of BTC you're currently holding, now you'll see the average cost and you'll know whether you're in break-even position.

The above does not provide for any additional BTC you've earned or for any BTC spending (other than buying gold).

[richardsNY]

I have now around $100 profit per coin on average. I will hold longer for sure as I do think the rise is far from over. I could have had more profit if I bought more around $250, but I am very happy.

[Denker]

I have learned about Bitcoin when we broke $1,100! It was waaaay to expensive for me so I didn't buy in! I got myself only a small amount in order to get started in the crypto world. Instead I started trading effectively and earning bitcoins in different ways. I must admit that I did very good!

I have a nice stash at the moment and I must admit that my average buy in price is about 47 euros per bitcoin!

Holy Christ!
Man you must have had some incredible lucky punches in trading or with your alternative ways!
47 euros is amazingly cheap.So you already made some nice profits so far.
I'm admiring you a bit for that.

[Zaun]

I go by the rule "Never sell for lower price than you paid for it" , so i'm good either way you turn it around. You're right about people getting
in green with their bitcoin investments, and that will only get better with time, unless for those who sold at a loss..

cheers

I go by the same rule. I would never buy bitcoin if I didn't think that I would make profits out of them.
That's the best way to go with bitcoin. Nobody knew how big bitcoin could be though so I could understand why people went for it.

[Hashminers]

I bought at around $250. Holding on to 1 coin hoping it hits 1,000!

This is your lucky day, maybe next year will hit 1000 dollars.
I think is also good to buy some little amounts of bitcoin now so that later in the future lets say 5 years than bitcoin will rise.

[niktitan132]

I bought at around $250. Holding on to 1 coin hoping it hits 1,000!

This is your lucky day, maybe next year will hit 1000 dollars.
I think is also good to buy some little amounts of bitcoin now so that later in the future lets say 5 years than bitcoin will rise.

I think you're right. Jan, Feb we'll see $1000

[jmintuck02]

I didn't buy at the spike, but, for a long time I used faucets and worked here on this forum until I could start doing sig

campaigns. Also I learned how to trade altcoins.

Later, I had a miner; a U3 that was hanging around that I bought before and forgot about for a while. I soon fired it up

to get altcoin to begin trading. It convinced me enough to get a bigger miner, the Antminer S3 to mine more on the

altcoins to trade for BTC.

Now I mine and trade altcoins to BTC and dp signature campaigns. Sometimes I do the odd faucet for a little bit to do,

but not much.

[Bitcoinbro]

Most of my coins were bought in the 300USD area.
I could sell some but for now i will not. Because i still believe we will go to 500 USD.