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April 11, 2013, 05:31:46 AM |
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Yesterday, seeing the sharp increase in Bitcoin value, I invested everything back into the market. Before I knew it, the plunge took place and I witnessed BTC lose over $100 in value. What makes things worse is that every sell offer I made to pull out in time, was kept in pending as the prices continued to plummet. My asking price would be beaten by prices lowered $5-$10 every few minutes. As a result I gave up trying to sell them altogether and sadly rode the storm.
Now my funds sit at half of what they were originally. To break even, BTC will need to rise at least to $230 again. I'm feeling both unlucky and depressed. Not only did I lose a substantial amount of money, but I also lost a prime opportunity to buy Bitcoins at a low cost.
Has anybody else been hit as hard today? Do you see BTC soaring again, or has this golden opportunity burnt out? With prices hovering around/sinking below no more than $170 for the past few hours, I'm beginning to lose faith.
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