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Author Topic: That moment when you buy 1BTC at $2500  (Read 12775 times)
FrankNoland
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May 29, 2017, 11:07:01 AM
 #1

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?
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May 29, 2017, 11:11:03 AM
 #2

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?

I would hold them. It depends though for what purpose you bought them, if you bought them for just trading after price would go to 3000 then just wait until it reaches 2600 and sell but if you bought them for a distant future, hold it as it maybe the best investment you have ever made.

If you can't wait just withdraw them to cash and build a mining PC, right now it costs in Europe one with 5 RX480/580 GPU-S at 2300 EURO in total. Start mining Etherum or Zcash and you will make with the actual price of bitcoin about 400 and maybe a bit more USD in bitcoin every month.

There are a lot of choices, it's up to you. Personally I am withdrawing bitcoin to create mining PC-s , I see more value in that than in any other job regarding bitcoin for the moment.
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May 29, 2017, 11:11:59 AM
 #3

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?

Hold. If you don't sell then you haven't actually lost anything have you, even if the price drops.
In 2014 my stash of bitcoin's were worth half the amount in USD that I paid for them. I've HODLED & they are now worth over five times what I paid for them.

Have patience.




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May 29, 2017, 11:24:02 AM
 #4

Hold your bitcoins. do not panic. There is no one who hold BTC, be patient and don't make profit.

Now I have bitcoins that worth 6 times of price I bought them.



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May 29, 2017, 11:25:32 AM
 #5

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?

If you bought bitcoin at 2500$ then after you finish your purchase the next day the price went down to 2000$ the thing you should do is to think carefully. Its either you decide to sell your bitcoins and gain a negative profit or you should hold your bitcoin and wait until the price went up so that you can have a profit. Choose wise hold your coins and wait for an increase in value.
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May 29, 2017, 11:27:29 AM
 #6

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?
NO. Just hold. Do not worry about anything because bitcoin will soon surpass $4000. I can ensure with you that because I have faced with a lot of drop in the bitcoin price and after the crash, the price always goes up


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May 29, 2017, 11:31:36 AM
 #7

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?
Sell them and you will lost your profit,  hold them could be a risky move but has the possibility that you will get triple profit on what you have invested when the price reach at 5000$.




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May 29, 2017, 11:33:30 AM
 #8

I didn't buy at $2,500 because i already think for this price drop and now i am waiting for another drop for the price and i am just getting ready with my fiat money to get into buying bitcoin and i will hold them and i will sell the bitcoins for $2,500 price.

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May 29, 2017, 11:33:30 AM
 #9

Yes, buying BTC at $2500 was a mistake. But we all learn from mistakes.
As all previous posts have mentioned, the most beneficial path, out of the two, would be to hold your Bitcoin. Price is currently $US2270. Although it is volatile, it is also showing signs of improvement.
Personally, the best course of action would be to trade Bitcoin to altcoins and vice versa. As the price is extremely volatile, now is the perfect time for traders. Easy profits can be made if the correct decisions are made at the right times.  
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May 29, 2017, 11:35:41 AM
 #10

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?
We can see that bitcoin's price are more likely to be stable now. The pump we have sought in previous day was because of HYPE. Thus, it's better to hold now and wait for good news.
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May 29, 2017, 11:36:15 AM
 #11

Hold it, but take a low price in mind to sell. Or hold till it go´s up again.
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May 29, 2017, 11:37:00 AM
 #12

I would hold them. It depends though for what purpose you bought them, if you bought them for just trading after price would go to 3000 then just wait until it reaches 2600 and sell but if you bought them for a distant future, hold it as it maybe the best investment you have ever made.
Pointless.Why does it matter what he bought the bitcoins for ?

If you can't wait just withdraw them to cash and build a mining PC, right now it costs in Europe one with 5 RX480/580 GPU-S at 2300 EURO in total. Start mining Etherum or Zcash and you will make with the actual price of bitcoin about 400 and maybe a bit more USD in bitcoin every month.
Dude,you're way off here.You're giving him the worst advice ever.

There are a lot of choices, it's up to you. Personally I am withdrawing bitcoin to create mining PC-s , I see more value in that than in any other job regarding bitcoin for the moment.
Are you out of your mind ? Your signature campaign pays more than any bitcoin mining PC you'll set-up.

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?
The fact that the price can reach $2500 at sometime should give you the confidence that it would reach the limit again.Keep holding.

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CoinFoxs
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May 29, 2017, 11:48:32 AM
 #13

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?

Hold it brother bitcoin will rise soon and you  will be able to recover your loss. If you have money in your wallet and you have no problem with that loss of almost 400$ then you can sell your bitcoin. It's totally up to you but i suggest wait for bitcoin's price to increase.



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ASHLIUSZ
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May 29, 2017, 11:52:02 AM
 #14

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?

Hold it brother bitcoin will rise soon and you  will be able to recover your loss. If you have money in your wallet and you have no problem with that loss of almost 400$ then you can sell your bitcoin. It's totally up to you but i suggest wait for bitcoin's price to increase.
Holding is the best option that Op can do to compensate the loss or to gain profit. Or else the better option is to invest into some altcoins after a strong research. This might help you retain the profit in a short if you're lucky to experience a price pump on the coin you've invested.

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jacee
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May 29, 2017, 11:54:26 AM
 #15

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?
If it's me then I will hold the coins and use it in the mean time in trading to atleast gain profit from it while I wait for the price to rise back up again eventually which I think it will.
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May 29, 2017, 12:00:53 PM
 #16

I would use it to buy cheap altcoins cuz many of them didn't fully recover from the dump, now is a good time to buy cheap alts  Smiley
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May 29, 2017, 12:05:09 PM
 #17

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?
If you did buy on the price of $2500 then for sure you do feel the emotion of panic selling and that cant really be avoided and you would surely sell off to cut losses when you are a newbie but if you are already experienced and have high hopes on bitcoin for sure you will hold you bitcoin as much as you can and dont decide to cut off loses because bitcoin price do eventually recover up after a sudden dump.

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May 29, 2017, 12:06:29 PM
 #18

To the OP please just hodl. BTC should be a long term investment. Also if you bought high and the price falls look into dollar cost averaging to bring down your investment costs. I.e.

Buy 1 BTC at 2500
Price falls
Buy another 1 BTC at 1500
=
2 BTC for total cost 4000
In other words 2000 each.

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May 29, 2017, 12:06:59 PM
 #19

That moment when you buy 1BTC at $2500, and then 3 days later someone buys it at $2000. But I'm guessing that it's the risk involved in investing, so what do I do now? Sell? Or hold on them?
To prevent losing a money, its better to hold it until the price of bitcoin will increase. Bitcoin has a future, so sooner you can sell your bitcoin when you already earned profit on it.  Don't be disappointed when you enter in the world or in the words, do not put a emotions in the world of bitcoin because it will result a bad effect to you.
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May 29, 2017, 12:11:59 PM
 #20

Every investment is a risk, so it's Bitcoin too. And there is no guarantee for profit. But I'm sure the price will go up and even if you have bought coins at 2500 you have good chances for profit. But don't sell now, this was the correction of price, no need for drama, and the price will go up again.

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