Did I screw up?

[holy_cow]

You wouldn't like the bitcointalk forum when it is angry.

[schmokel]

wow - you guys are raging hard-ons.

Heh, I've noticed a trend on this site.  People falling over themselves to proclaim the smart trades they made (speculating).  I hear very little from people about the losses (realized or unrealized) they have sustained.  I'm guessing that a lot of people have taken a bath .. and must either take their losses and move on .. or sit on bitcoins that lost 2/3 of their value over the course of a few days.

[Epicurus]

wow - you guys are raging hard-ons.

Heh, I've noticed a trend on this site.  People falling over themselves to proclaim the smart trades they made (speculating).  I hear very little from people about the losses (realized or unrealized) they have sustained.  I'm guessing that a lot of people have taken a bath .. and must either take their losses and move on .. or sit on bitcoins that lost 2/3 of their value over the course of a few days.

I've lost zero, I've gained zero. The sidelines is a comfortable place to be at the moment, though I wish I'd been in a year ago.

[yvv]

What price did you buy your Bitcoins at? Given you only joined the forum a month or so ago, I'm guessing $30 - $50?

Yes, Sir. 1 btc at $35, and another one at $47. And it is not for playing these bs games on exchanges, but because I am really interested in this technology, and wish it to advance.

[norowner]

can someone help me download cgminer? the site is down atm.. help plz!

[wachtwoord]

Hi All,

Looking for some advice.

I consider myself to be an amateur in terms of investing, especially with Bitcoins.

Recently, I decided to jump on the bandwagon and purchase some Bitcoins, although, I believe that I was smart enough to wait until the peak collapsed so I could buy some Bitcoins for cheap and wait for the price to rise above what I paid for.

I bought 2.5 coins (not much, I know, but this is just a start for me) at $103 USD.

Was this foolish? Should I try to resell my coins and wait for them to lower a bit more? Or do you believe that they will rise once again?

I think I may have screwed myself a little...

Thanks

Don't touch the coins for fifteen years and you will be very happy with your investment.

[johann159]

Crashes are just a new chance for new people to jump on.

[middlemarkal]

can someone help me download cgminer? the site is down atm.. help plz!

Use bitminter.com easyest pool/minier there is.

[1m1nd]

Crashes are just a new chance for new people to jump on.

They would be if the exchanges were faster at processing deposits. And let's be honest, who wants to store funds in an exchange after what's been happening. I feel like i've already missed the rebound due to slow exchanges

[MGUK]

...

Heh, I've noticed a trend on this site.  People falling over themselves to proclaim the smart trades they made (speculating).  I hear very little from people about the losses (realized or unrealized) they have sustained.  I'm guessing that a lot of people have taken a bath .. and must either take their losses and move on .. or sit on bitcoins that lost 2/3 of their value over the course of a few days.

Overall, I've made more bad moves than I have good, but have been fortunate at the moment to come out on top. But anyone that has coins acquired more than 5 months ago would have to have seriously dropped the ball at some point to not be better off at the moment.....

[luckysev7n]

think of it as a long-term investment.
you did not screw yourself for sure.

[niko]

Sounds good to me. Don't obsess over how much you would get this hour or the next if you sold or bought your coins. Look at what is, not what would have or should have been.
You've got your 2.5 coins. Great.

How about make a plan? when price hits X, I'll sell Y coins. When price drops to P, I'll by Q coins, assuming fundamentals still seem good to me.

If I need cash urgently, I'll sell coins no matter what. I won't waste time calculating how much I would have gotten had I sold them yesterday instead. I didn't, so it's pointless.

How about using bitcoins instead of just investing? Would that work for me? Do I have a need for fast, cheap international payments and transfers? Can I offer work/expertise/products for bitcoins?

Etc.

[juiced]

In a few years it's more than ok. 

[ChilliWillikers]

If you believe in Bitcoin, just hold what you already have, and buy more when you can.

[Gabi]

Today it is at 112

You bought at 103? Congratulation, you are making profit 

[Clarke76]

Today it is at 112

You bought at 103? Congratulation, you are making profit 

 

[niko]

Today it is at 112

You bought at 103? Congratulation, you are making profit 

 

No, he is not making a profit. Only if he sells coins at that price, he will be making a USD profit.

[AlgoSwan]

Today it is at 112

You bought at 103? Congratulation, you are making profit 

 

No, he is not making a profit. Only if he sells coins at that price, he will be making a USD profit.

Excellent distinction. This must be understood by all BTC other alt.cryptocurrency lovers.