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Author Topic: That moment when you buy 1BTC at $2500  (Read 12394 times)
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May 29, 2017, 04:03:11 PM
 #61

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 are not the first to come up with such a question

And you are not the first to find yourself in such a situation. Some people will certainly advise you to buy even more bitcoins "while the price is low", but you (and them) don't really know if the price won't go lower further. Other people may tell you to sell the coins while Bitcoin is still high and didn't crash below ground. Technically, it depends on what is that bitcoin to you. If it is dust and you have literally millions of dollars stashed in cash, then it may make sense after all to buy all the way down (and then sell all the way up). If you bought it with your last money, it makes sense to sell some part of it (which part is up to you to decide). If Bitcoin goes lower, you can buy back what you sold previously (then rinse, repeat). If it goes up, this is what you were looking and waiting for anyway, so you just start selling in small portions and buying back on dips (then rinse, repeat, as per usual)

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May 29, 2017, 04:08:52 PM
 #62

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.
I agree with you, the price of bitcoin will increase and cross the cost price and move ahead. But there is also some ways to increase your profit. Like buy more when the price is lower or sell during the fall and rebuy. If you are a little bit lucky and you know what you are doing you can always win higher amount with these strategies.

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May 29, 2017, 04:37:50 PM
 #63

Definitely you should hold them. Price will rise to 3000$ in in the second quarter of 2017.

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May 29, 2017, 05:32:54 PM
 #64

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 hold mine for now but I'm still waiting for the price to go down even more. But overall don't worry the price will recover and who knows even reach new highs.
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May 29, 2017, 06:18:35 PM
 #65

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. Dont panic. Everything will be in a perfect places. I think bitcoin price will be so much greater in few more days and in few more months. You doesnt worry about that thing. Bitcoin price will go higher, yes it will dump sometime but thats normal. The people who are patient reaps what they have been invested. Be patient my friend , keep calm and store your coins for awhile.

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May 29, 2017, 08:04:16 PM
 #66

You shouldn't be buying or selling at a loss.

If you want to buy or sell at a loss that is up to you. Are you able to use that money you get from selling to make a profit? If no then you are likely better of holding until it goes back up later.

Don't invest more than you can afford to lose.



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May 29, 2017, 08:11:54 PM
 #67

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?
Definitely hold! price is recovering, never sell at a loss. i bought some too at $2300, i'm in for long. i keep buying small amounts, one day these small amounts will be really big. Roll Eyes

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May 29, 2017, 08:13:39 PM
 #68

I do not think I will buy at this price unless I need to spend it immediately in order to buy a good or service where no other way of payment is good for me. Nevertheless, if I buy it so high and I see the price rapidly declining I'll buy altcoins or I will wait the price to go up again.
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May 29, 2017, 08:22:26 PM
 #69

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?
Obviously that is the risk that someone else gain is another one loss and for someone who has been involved and know the mechanism of how it works won't be surprised that its just a set back that will recover but for someone who is of the opinion that I invest at $2500 then by next week should be $3000 so I can make the differential profit will utterly be disappointed and might even be discouraged about crypto generally.

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May 29, 2017, 08:40:50 PM
 #70

I think bitcoin is not cheap on this day, let's look at bitcoin prices higher than what you write on this thread

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May 29, 2017, 08:45:03 PM
 #71

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?

Since it's already a loss then it's a shit if it will sold just to minimize the risk. Selling on price decrease is not a wise way. Since bitcoin price will surely get back again at that range or even more then just hold it even it will take time. And while doing that, spare some funds to buy again at the dipping rate so that you can maximize your win win situation.

Bitcoin already breaks some of the high price speculation and surely it will break of some dream price that others want like close to $5,000 or something like that. HODL!

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May 29, 2017, 08:48:46 PM
 #72

In a similar boat.  Except that after three days of trying to get verified and watching the price rise and rise, I ended up buying at close to $2800 in a mad frustrated panic.   Cheesy

Definitely now wishing I'd held out just a day or two, but still confident of future prospects.  And nice to now have an at least small stake in it so that watching all the news and developments is more interesting.   Smiley
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May 29, 2017, 08:50:08 PM
 #73

Unless you are a trading genius or extremely lucky you will never get it right in the short term, so you have to think of your long term gains. Here on this forum most people would agree we are headed eventually for 5k+ if not much more so your best bet is to hold it and wait, the weak hands that sell in a panic during a crash are always the ones that lose the most money.
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May 29, 2017, 08:50:41 PM
 #74

I sold a lot of my bitcoins at 1200 what do I do? All in on shitcoins.

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May 29, 2017, 08:51:57 PM
 #75

Of course you should hold your coins as it surely some what your fault also as you should have at least done a little research about risks involved and reason for a price fall and stuff. Normally if you see in past also whenever bitcoin has gained some 500$ or a really high amount in a very short period that is the time you prepare for a huge dump. But anyways if you hold for 6 more months I'm sure you will get a decent profit.

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May 29, 2017, 09:25:54 PM
 #76

Definitely you should hold them. Price will rise to 3000$ in in the second quarter of 2017.

Yes I'm very optimistic it will shoot up further in the third and fourth quarter of the year and that's why it is advisable to hold even if you bought it at a not so cheap price and it has depreciated in value because it will jump again due to the increase in global adoption and you'll be next to profit.

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May 29, 2017, 09:40:48 PM
 #77

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 much at that time i would recommend you to hold since people predict the bitcoin's price will be hit 3k dollars in this year. I personally keep buying bitcoin, as much as i can whatever the price, for long term investment purpose to be honest cause i trully believe that the price will be skyrocket in many years later. Well this is might be hard decision for you when you buy at high and see the price down, all i can say just don't do the panic selling.

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May 29, 2017, 11:05:53 PM
 #78

in 2013 some guys bought $1300 BTC

2 years of depression...

They still made 100%.

Always cost average when investing  Wink

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May 29, 2017, 11:13:45 PM
 #79

good thing i didn't buy bitcoin at the price of 2500 because when the time bitcoin crashed from 2700 to 2200 i know it will be another crash and i am right  bitcoin crashed again. to those who buy bitcoin at high price, just hold them, it will be a huge loss if you sold it early bitcoin will soon recover from the crash so, don't worry about it.learn from your mistakes so it will never happen again consider this as a lesson.

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May 30, 2017, 04:54:20 AM
 #80

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 sell at $2000 you are in loss or getting panic selling, i will hold it till price rise again

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