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Author Topic: That moment when you buy 1BTC at $2500  (Read 12751 times)
Minecache
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May 29, 2017, 02:08:39 PM
 #41

Most people are saying hold, but if you have more fiat garbage to spare then you should buy.

If you ever buy right before a dip, just buy the dip as well.  Buying 1 Bitcoin at $2000 when the dip happened would have made your average price $2250, which is pretty much what the price has just recovered to.  So then you basically wouldn't have lost anything at all.
I've already mentioned dollar cost averaging.


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May 29, 2017, 02:13:58 PM
 #42

you can buy more for now, then sell it to take profit and compensate your loss. Cost averaging that is  Cool
or hold for the meantime since BTC has only one way, it is to go up! you can also contact me and sell it by 1000USD haha just kidding.



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May 29, 2017, 02:20:09 PM
 #43

Hold. We need patience when investing or trading. If we are patient then we will be successful

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May 29, 2017, 02:25:42 PM
 #44

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?

Regardless of what price you buy a BTC, it will eventually cross that price and move ahead, thats the thing with BTC and people buy them because of that. So hold whatever you have and just look out for news, be in touch with the community. As soon as you feel that its making you a profit, sell it if you want or hold for more.

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May 29, 2017, 02:27:01 PM
 #45

Most people are saying hold, but if you have more fiat garbage to spare then you should buy.

If you ever buy right before a dip, just buy the dip as well.  Buying 1 Bitcoin at $2000 when the dip happened would have made your average price $2250, which is pretty much what the price has just recovered to.  So then you basically wouldn't have lost anything at all.

Actually. Even if you buy in 2500$ and the price suddenly dip. You are not in loss but it is just a paper loss. Unless you sell your btc below the amount you buy it. Then that is what we called real loss.

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May 29, 2017, 02:36:17 PM
 #46

Usually, when you have bought at a high price, and suddenly the price goes low, you should probably hold it, just because that the price becomes low, doesn't mean that you have lost hope and it would be for nothing? That's not going to be the case just because you have seen the price of bitcoin go down and rise again. It's one of the things that you should prepare.



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May 29, 2017, 02:54:32 PM
 #47

That's the forever issue in BTC, when is it right to buy and when does the train stop, I'm not sure if holding or selling now is the right option and even analysis can go off easily, I would think about selling some of it and keeping the rest, to reduce the risk if a subsequent BTC price crash happens.
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May 29, 2017, 02:59:06 PM
 #48

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 me $2500 was too expensive to buy but I can see how people that are new to bitcoin could feel like they need to jump in before the price goes to $5000. This actually happened to me in 2013 when the price shot up to about $1200. I did not have any bitcoin but I felt like I needed to go ahead an buy some before the price skyrocketed. So I bought a bitcoin for about $1000 and then the price rose to $1200 and started dropping and went all the way to $200 after a few months.
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May 29, 2017, 03:10:56 PM
 #49

If you bought $2500 last 3 days . I suggest to you to hold your bitcoin because maybe after few weeks the price will be $3000. Dont be afraid if the price of bitcoin down its normal but after the dump the next is pump. For sure you will earn profit if you hold that. Many people for sure is keep buying bitcoin so the price will increase for sure . Just wait until the halving comes because they have possible the price will be double or maybe triple.

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May 29, 2017, 03:18:30 PM
 #50

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?

Let's ignore for the moment that the author has the habit of opening threads and not relying back and is most likely post hunting.

The first normal question would be : How much have you bought.
If you spent 10$ buying a few satoshi at 2500 and now they are worth 8$ ... who cares?

If you took a mortgage and you're hearing knocks at the door then you might have a problem.



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May 29, 2017, 03:24:40 PM
 #51

Just hold it, dude, Bitcoin will rise again. It should be $5k but actually, I don't know when it will be

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May 29, 2017, 03:25:43 PM
 #52

you can buy more for now, then sell it to take profit and compensate your loss. Cost averaging that is  Cool
or hold for the meantime since BTC has only one way, it is to go up! you can also contact me and sell it by 1000USD haha just kidding.
Nice idea. But what would happen if I buy Bitcoin now and it's still decreasing? lol Double loss
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May 29, 2017, 03:26:55 PM
 #53

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
Nice! It's clever. but I know that those Altcoins that can make more profit is also decreasing when Bitcoin is decreasing too...
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May 29, 2017, 03:29:42 PM
 #54

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.
Good advice you have, I thin so, selling Bitcoin now is stupid. Althought Bitcoin price is going down but soonly, or at least in the future, it will rise again
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May 29, 2017, 03:32:02 PM
 #55

Usually, when you bought coins at a high price then suddenly, the price goes low, you should hold it.Because when the price becomes low, doesn't mean that you need to stop hoping and it would be for nothing?

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May 29, 2017, 03:32:26 PM
 #56

That's not going to be the case just because you have seen the price of bitcoin go down and rise again. It's one of the things that you should prepare.
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May 29, 2017, 03:33:06 PM
 #57

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.
Good advice you have, I thin so, selling Bitcoin now is stupid. Althought Bitcoin price is going down but soonly, or at least in the future, it will rise again

It's all about the price you enter in, if bought cheap enough, you are almost guaranteed to make profit in the longterm. People who entered in 500$ already made profit and are likely to make more.
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May 29, 2017, 03:33:32 PM
 #58

That's a very huge loss if you just sell them in no time. Buying at peak is very delicate move. We don't know the movement of market but I think it will go up again
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May 29, 2017, 03:35:12 PM
 #59

It's all about the price you enter in, if bought cheap enough, you are almost guaranteed to make profit in the longterm. People who entered in 500$ already made profit and are likely to make more.
How about short term? I buy 2 BTC at 2000$ and now do you think should I wait for 3000$ or keep holding?

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May 29, 2017, 03:59:22 PM
 #60

just hold. Do not worry about that. The price will soon recover from the crash. That is how bitcoin work



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