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Author Topic: That moment when you buy 1BTC at $2500  (Read 12755 times)
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June 16, 2017, 11:01:28 PM

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?

There is risk involved in every type of investment. Be it a real world investment or crypto currency like bitcoin. It's true that crypto currency investment comes with a greater risk, but it also rewards you suitable. That's why try SIP method.

SIP means, systematic Investment Plan. This way, you need to invest a certain amount of money in to bitcoin once in a month or bi-weekly. The price of bitcoin will keep changing, but you will be able to average out your investment. This method is pretty popular in real world stock investing. It won't eliminate the risk but certainly minimizes it.

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June 16, 2017, 11:03:40 PM

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 can feel your pain.. We should check market price forecast before purchasing or investing to bitcoin market..
You're implying that there is any way to even forecast the Bitcoin market lmao.
A lot of what happened 2-ish days ago was brought on because there was law passed by congress that was allowing for authorities to freeze/seize accounts for people that they suspected of having too much cash, for potentially illegitimate purposes. of course that's just BS imo, but it matters not because there's nothing that will be done about it unless there's something that changes sometime soon. Most people are just going to end up complying because it is the easier thing to do.
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June 16, 2017, 11:07:16 PM

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?
you bought at hard moment
if you would bough at $2900 i would be quite sure it will go down, if you would buy at $2000 i would be quite sure it will go up
but when you bought at $2500 i have no clue, it can go up and down in same chances by me

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June 16, 2017, 11:12:53 PM

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 can feel your pain.. We should check market price forecast before purchasing or investing to bitcoin market..

I know that you guys want to become rich within a night but we should understand that the price changes too often and now that the price is very high the risk is higher because any (huge) drop can cause lots of loss, you have bought at 2.5k don't worry it should go up to this target very soon and hopefully at 3k this year.


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machinek20
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June 16, 2017, 11:28:14 PM

That is a very common thing when you do trading, I will suggest just hold, because bitcoin got a big transaction volume, so if you hold it for a long time then the price can gradually go up, so just be patience and dont sell it if the price is not right
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June 16, 2017, 11:47:40 PM

Wait are you actually that dumb as just because the price fell by 500$ you are just going to take the loss and sell it. If you had plan to buy it for trading purpose then i don't know this is common with trading but if you can hold it till september i can surely assure that you will easily be able to recover your loss and also get a profit

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June 17, 2017, 01:35:21 AM

If you bought on the dip of 2100+ for sure you are now making money because price of bitcoin now is surging up again we are now on 2300 which means that was an instant $200 for you and even climbing.I do regret that i didnt buy on those times of dips for i dont have extra money but still its okay since price do really dip sometimes on bitcoin,i will wait for that moment again.

Well that's a blessing for all who grabbed the opportunity of buying that amount of bitcoin at a cheaper value, because now they really enjoyed the profitable money from bitcoin. We should not be intimidated or sad when price of btc will lowers down, because it's also our opportunity to grab. In order to gain bigger wealth of btc you should hold and save your value and have patience of waiting for a long time so that you can sell it and enjoy the earned profit.

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June 17, 2017, 01:50:00 AM

The short term price swings aren't important since most of us know it will rise and rise further in the future. I'm pretty sure we will hit $5000 before the end of the year and this thread will turn from one of regret at buying too high to one of happiness, that is unless OP already sold.

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June 17, 2017, 02:37:16 AM

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 them, chances are you'll be rich in 10 years  Grin Grin

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June 17, 2017, 06:17:21 AM

I don't think that Bitcoin is worth buying right now, since you might buy today with a higher price and the price falls the next day. The best thing to do right now is to earn it or chill until the price drops

i think if we have money, its still worth to buy bitcoin especially if the price is getting down like now because we can buy bitcoin with cheap price. but if we don't have money, then we need to used the other source to earn bitcoin so we can sell it if the price is getting up soon. but if we want to buy part by part until it reach 1 bitcoin, then i think we need to waited for a moment and we need to make sure that the price is reach the bottom so we can buy cheap bitcoin although the price is still in more than $1xxx.
Yep your damn right that a Bitcoin price is going to its highest price soon it will reach more than $2,500 that time to do something for your future before it will be out of range to buy it. but still it is a source of income for a lot of people.if you buy Bitcoin for profits then buy it at cost of lower than $2,500 as no one know that it will become $3,000 tomorrow so invest in it as much as possible for you.

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June 17, 2017, 06:37:13 PM

Regret may be felt, when but in terms of investment profit and loss it is common... Smiley

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June 17, 2017, 06:52:47 PM

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?

There is risk involved in every type of investment. Be it a real world investment or crypto currency like bitcoin. It's true that crypto currency investment comes with a greater risk, but it also rewards you suitable. That's why try SIP method.

SIP means, systematic Investment Plan. This way, you need to invest a certain amount of money in to bitcoin once in a month or bi-weekly. The price of bitcoin will keep changing, but you will be able to average out your investment. This method is pretty popular in real world stock investing. It won't eliminate the risk but certainly minimizes it.
It is a good advice but bitcoin is not exactly like stock, bond or any other commodity when we expect that there is max price. With BTC we don't need to average price that much.
Bitcoin is ultimate asset for position traders, just buy it once and forget about it, price doesn't matter - it is certain that we will have news ATH in the future.
Just know that Bitcoin and altcoins can't be measured with standard markets technical indicators (most of them lags too much to be usable to predict bitcoin price shifts).


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June 17, 2017, 07:05:38 PM

Maybe unfortunate decision making considering the situation at the time. Just make sure you hold and don't take a loss. Bitcoin is still very much undervaluated and if it scales properly it will surely explode over time.
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June 17, 2017, 07:33:38 PM

Bitcoin has a normal growth and the price was stable increase every year but there are time that the price will increase because bitcoin is unpredictable we do not know if the price will continues increase but because of we heard about the news the development about bitcoin and the legalized from other country i am thinking that the price can be increase more..  if you bought $2,500 and someone are bought for $2,000 it doesn't mean that you lose if you sell your bitcoin you will be lose instead of making profit because you panic to sell your bitcoin.. better to wait again to increase just the same what happen these days and the present price.. past few days the price was drop $2,300 value and now increase back to $2,600
So it means if you bought from $2,500 drop to $2,300 and you are still waiting to increase today you make a profit of $100..

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June 17, 2017, 09:08:58 PM

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 them, chances are you'll be rich in 10 years  Grin Grin
The chances of that not only will depend on the price, but on several factors, two of the most important are, first the amount of bitcoin you hold at the moment, it does not matter how much the price skyrockets if you are only holding 1mBTC, get as many bitcoins as possible to take advantage of it, and the second are the taxes you are going to pay on your earnings.



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June 17, 2017, 09:11:38 PM

Buying at $2500 is not too bad, now the price is above $2600. If you don't have the nerve, then don't invest in bitcoin. It is known to be very volatile. On the other hand, the overall trend of bitcoin is always up, no there's nothing to worry about.

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June 17, 2017, 10:20:37 PM

Buying at $2500 is not too bad, now the price is above $2600. If you don't have the nerve, then don't invest in bitcoin. It is known to be very volatile. On the other hand, the overall trend of bitcoin is always up, no there's nothing to worry about.
You are right, bitcoin is known about the big volatility of price, So as you said Buying at $2500 is not too bad, because we all know, that the price will increase a lot soon. Maybe in the near future it will increase a lot and achieve the 4000$.
So buying now, I think it's a good option for someone want to invest in bitcoin and try to become rich.  Grin

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June 19, 2017, 05:19:56 AM

I will hold it. Because I know that the price will again rise up.

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June 19, 2017, 11:25:25 AM

I will hold it. Because I know that the price will again rise up.
Just keep holding for years because i am sure that the price of bitcoin will go up because there is a lot of countries and people that will accept bitcoin as regular currency for sure but now all we need to do is to accumulate bitcoins as much as we can so if the day comes that bitcoin is worth more than 10,000 USD then it is already a great profit for us.

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June 19, 2017, 11:28:07 AM

I am telling people to buy 1-3 bitcoins and hold it for a few years yes. I believe it will go 10000$ and beyond. It won't by a straight line but we are talking about years and trends.
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