Lauda
Legendary
 Offline
Activity: 2674
Merit: 2965
Terminated.
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June 17, 2014, 08:08:50 AM |
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My worst decision was to buy on the top in January 2014.
Actually this might not be a bad decision in the long run, if you don't sell them off in the meantime. Just try to be patient and hold them. In January we were @ 700-900$ if I remember correctly, if you buy some now you can have an average cost of around 620$ per coin which is very good compared to the upside potential Well yes, I'm waiting for the price to go beyond $800 as well. I'm not even gonna sell to pay the bills at this rate, I can hold on longer. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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ScryptAsic
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June 17, 2014, 12:31:59 PM |
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Buying ASIC.
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Parazyd
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June 17, 2014, 12:43:17 PM |
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Buying ASIC.
ASICs were good. Back when Avalon shipped the first 60Ghash units... Even then BFL was stalling  |
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boumalo
Legendary
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Activity: 1918
Merit: 1018
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June 17, 2014, 01:11:30 PM |
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My worst decision was to buy on the top in January 2014.
Even though the numbers are bigger the percentage drop wasn't that much. When I got in Bitcoin was about $17 and 6 months later (Jan 2012) it was $2, so $900->$600 isn't too bad. It will recover. in April 2013 it went down more as well, I think there is a lot of support @ various level of price, a lot of new buyers and new money, a lot of positive news and we are sadly close to a financial meltdown in the US and Europe |
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keithers
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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June 17, 2014, 05:03:36 PM |
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Don't trust in Bitcoin when it was about 5 - 10 bucks each and invest in BBQ coins right before those dropped almost to nothing  But we learn by mistakes, only low-IQ people make a mistake twice, now i'm prepared for anything  Ouch on this one...what made you think that BBQ had a lot of upside potential? I never really researched at all about this coin... |
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gentlemand
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Activity: 2590
Merit: 3014
Welt Am Draht
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June 17, 2014, 05:23:14 PM |
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Don't trust in Bitcoin when it was about 5 - 10 bucks each and invest in BBQ coins right before those dropped almost to nothing But we learn by mistakes, only low-IQ people make a mistake twice, now i'm prepared for anything Ouch on this one...what made you think that BBQ had a lot of upside potential? I never really researched at all about this coin... It (was) tasty, allegedly. |
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boumalo
Legendary
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Activity: 1918
Merit: 1018
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June 17, 2014, 06:19:59 PM |
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Don't trust in Bitcoin when it was about 5 - 10 bucks each and invest in BBQ coins right before those dropped almost to nothing But we learn by mistakes, only low-IQ people make a mistake twice, now i'm prepared for anything Ouch on this one...what made you think that BBQ had a lot of upside potential? I never really researched at all about this coin... It (was) tasty, allegedly. HAHA, altcoins are funny but let's face it most people who bought some lost bitcoins I wish someone calculated your expected ROI in Bitcoin if you bought the 10biggest altcoins every Month for the last year or the 10 coins that are increasing the most in popularity |
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luv2drnkbr
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June 17, 2014, 06:43:28 PM |
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Selling 90% of my holdings at $30 after buying in at $2. I have always supported Bitcoin, but I really needed the USD cash at the time. I would have been completely broke otherwise. Now I wish I had begged on the street or worked at McD's or slept on a friend's couch... anything but selling. Oh well, there will be other opportunities.
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counter
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June 17, 2014, 08:51:28 PM |
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Investing in a failed attempt of a group buy buy someone who will remain namelwss.  Nah, probably wasn't my worst bitcoin decision but it is a honorable mention on the list haha. |
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freedomno1
Legendary
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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June 18, 2014, 07:24:14 AM |
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Selling 90% of my holdings at $30 after buying in at $2. I have always supported Bitcoin, but I really needed the USD cash at the time. I would have been completely broke otherwise. Now I wish I had begged on the street or worked at McD's or slept on a friend's couch... anything but selling. Oh well, there will be other opportunities.
Damn well you did sell at a Peak but that would be a sucky decision since holding a few more years would have netted a giant amount of income Lets see I guess besides holding onto AM from the near high range it would be moving some of my funds to Basic Mining shares on Btct assuming that dividends would be recieved after it closed then having the issuer just poof away. |
Believing in Bitcoins and it's ability to change the world
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boumalo
Legendary
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Activity: 1918
Merit: 1018
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June 18, 2014, 09:25:33 AM |
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Selling 90% of my holdings at $30 after buying in at $2. I have always supported Bitcoin, but I really needed the USD cash at the time. I would have been completely broke otherwise. Now I wish I had begged on the street or worked at McD's or slept on a friend's couch... anything but selling. Oh well, there will be other opportunities.
Damn well you did sell at a Peak but that would be a sucky decision since holding a few more years would have netted a giant amount of income Lets see I guess besides holding onto AM from the near high range it would be moving some of my funds to Basic Mining shares on Btct assuming that dividends would be recieved after it closed then having the issuer just poof away. People felt very smart and were very happy to sell @ 1$ 10$ 30$ 100$ 300$ and people feel very smart to have sold @ 1000$ but they would have fair better holding their bitcoins except if they bought back way lower after Selling 90% of my holdings at $30 after buying in at $2. I have always supported Bitcoin, but I really needed the USD cash at the time. I would have been completely broke otherwise. Now I wish I had begged on the street or worked at McD's or slept on a friend's couch... anything but selling. Oh well, there will be other opportunities.
Maybe there is one now |
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001sonkit
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June 18, 2014, 09:30:38 AM |
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Lend out coins... BTCJAM, Coinlenders yadayada.... *poof*
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GEMINI ACCOUNT REVIEW - Source of Funds Request
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edmundduke
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Activity: 1624
Merit: 1007
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June 18, 2014, 10:59:21 AM |
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My biggest mistake was being late to the btc train, got in way too late.
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boumalo
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Activity: 1918
Merit: 1018
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June 18, 2014, 11:08:55 AM |
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My biggest mistake was being late to the btc train, got in way too late.
If it doesn't go way higher you just missed a bubble and if it will succeed you are early |
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Lauda
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Activity: 2674
Merit: 2965
Terminated.
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June 18, 2014, 12:10:15 PM |
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My biggest mistake was being late to the btc train, got in way too late.
If it doesn't go way higher you just missed a bubble and if it will succeed you are early In other words, we are all still early adopters. Bitcoin and all other coins have been in a downtrend for months IMO. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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ljudotina
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Activity: 1260
Merit: 1029
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June 18, 2014, 12:38:40 PM |
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My biggest mistake was being late to the btc train, got in way too late.
If it doesn't go way higher you just missed a bubble and if it will succeed you are early In other words, we are all still early adopters. Bitcoin and all other coins have been in a downtrend for months IMO. "Other" coins are on down trend as they are not real coins, only scams to get more Bitcoin. As far as Bitcoin goes, look at graphs...it's on nice slow up trend. |
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MICRO
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Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
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June 18, 2014, 12:43:27 PM |
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My biggest mistake was being late to the btc train, got in way too late.
If it doesn't go way higher you just missed a bubble and if it will succeed you are early In other words, we are all still early adopters. Bitcoin and all other coins have been in a downtrend for months IMO. "Other" coins are on down trend as they are not real coins, only scams to get more Bitcoin. As far as Bitcoin goes, look at graphs...it's on nice slow up trend. Yap, bitcoin is on rly good up trend since mt.gox drop. We might see big drop again when FBI start selling thou. |
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Lauda
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Activity: 2674
Merit: 2965
Terminated.
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June 18, 2014, 01:12:39 PM |
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In other words, we are all still early adopters. Bitcoin and all other coins have been in a downtrend for months IMO. "Other" coins are on down trend as they are not real coins, only scams to get more Bitcoin. As far as Bitcoin goes, look at graphs...it's on nice slow up trend. I like this up trend. No, they are not scams. Some of them are way better than BTC feature wise. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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ljudotina
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Activity: 1260
Merit: 1029
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June 18, 2014, 01:34:27 PM |
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In other words, we are all still early adopters. Bitcoin and all other coins have been in a downtrend for months IMO. "Other" coins are on down trend as they are not real coins, only scams to get more Bitcoin. As far as Bitcoin goes, look at graphs...it's on nice slow up trend. I like this up trend. No, they are not scams. Some of them are way better than BTC feature wise. Yes, form mid april is up trend. Do you think that up trends need to have walls of 90 degreees? Slow, 10% up trend is still up trend, and is much healthyer than what happened in december last year. |
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luv2drnkbr
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June 18, 2014, 05:47:39 PM |
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"Other" coins are on down trend as they are not real coins, only scams to get more Bitcoin. As far as Bitcoin goes, look at graphs...it's on nice slow up trend. Other coins are just as real as bitcoin. Being first doesn't have any special magical power to make something more or less real. Alt coins also offer many benefits bitcoin does not. And they can be a testing ground for new things. Calling alt coins scams is completely misguided. |
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