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Author Topic: That moment when you buy 1BTC at $2500  (Read 13222 times)
South Park
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June 15, 2017, 09:15:27 PM
 #241

that moment you want to buy btc for 2000$ but this freaking coinbase aint work! Screw you coinbase! Go to hell
Use another exchange, it is not like they are the only exchange out there, I suppose you wanted to use your credit card or something but what it is stopping you to buy in localbitcoins, yes you will have to overpay a little to get your bitcoin but that is better than to let pass the opportunity of buying bitcoin at a price you would like to buy.

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June 15, 2017, 09:25:44 PM
 #242

I will hold it because my purchase is worth 2500 USD and I will release it at the price of 2600 USD because if I sell it at 2000 then I will lose 500 USD. It's the same as a stupid thing if I sell it at a loss. Because here my goal is profit-oriented. But not always buying and selling the bitcoin is always lucky on the other hand will also lose. And if I do need it, then I'll sell it even if it's a loss, but only a few times. Seen from bitcoin prices, lately tend to fall significantly. This creates anxiety for buyers who are not sure bitcoin prices different from the seller, they will feel benefited because the price is relatively down and can be made long-term investment.
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June 15, 2017, 09:35:08 PM
 #243

just imagine others buying at $3000  Grin
dont worry, itll be 4500 at the end of the year

There's nothing to feel sorry when you bought at peak as that price will be the dip when the price of bitcoin reached up to another level. Yes, many believes that this year will be another great especially when the Christmas season is about to enter or maybe in BER months. People will have more spare money to buy bitcoin that will make the price pump.



 

 

 

 

 

 


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June 15, 2017, 09:42:03 PM
 #244

If the loss is already taking place and you anticipate that the price will soon recover, then it's not a wise way to sold those coins to minimize the loss. What we gonna do is to take advantage of the price dip and try to go with flow, buy more at dips.

We have to accept that every buy and sell we are doing in bitcoin market always associate with big risk. Take it or leave it. That's the battle in cryptocurrency trades, play with the volatility. The strategy will depend itself on the trader. After all this drama, expect a rise thereafter.

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June 15, 2017, 09:45:16 PM
 #245

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.

Bitcoin fluctuate a lot and you might be surprised how fast it could change within 24 hours. Too bad for those who bought at $2500 but after that it dropped back to $2000. I agree it doesn't matter if your plan is to hold bitcoin for long term investment.

Good decision you've made, due to many people want to get into mining activities but they have less information and small capital to start. Mining ethereum and zcash seems promising and profitable, tempting to do it as well.
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June 15, 2017, 09:49:39 PM
 #246

just imagine others buying at $3000  Grin
dont worry, itll be 4500 at the end of the year

There's nothing to feel sorry when you bought at peak as that price will be the dip when the price of bitcoin reached up to another level. Yes, many believes that this year will be another great especially when the Christmas season is about to enter or maybe in BER months. People will have more spare money to buy bitcoin that will make the price pump.

It dumped now to $2320, I think this is the best price now to buy bitcoin, It is not that high and we all know that this will be pumping more especially after months of August, or maybe August itself. But yeah, everytime the Christmas season is approaching, the price always pump, I did'nt know the real reason though, but my theory is that many are using it in that season. So, I think it is better to buy now before you regret it.
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June 15, 2017, 10:02:46 PM
 #247

I will buy it because I believe with the rising bitcoin price that increasingly added day, so it is very suitable for investment.. Cheesy
It’s very easy to make money on Bitcoin if someone purchased the coin under $2,499.00 the price of Bitcoin is really set to go up so I am not sure why people are trying to manipulate the price.
The news people are trying to post fud against Bitcoin so the price of it will have some short term swings.

 
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June 16, 2017, 04:16:11 AM
 #248

that moment you want to buy btc for 2000$ but this freaking coinbase aint work! Screw you coinbase! Go to hell
Basic manipulation from Coinbase because the price is literally going down and the people in that exchange won’t be able to change their money in the order books. I would try to send an email to support and discuss the issue with them so they can begin sending updates on their website about downtimes, I am sure that there’s a bunch of people sending emails about it.

 
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June 16, 2017, 04:51:12 AM
 #249

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?

that's still a pretty good deal in my opinion. I'm pretty sure it will go back up soon.

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June 16, 2017, 05:27:13 AM
 #250

Hold them. And don't ever buy a huge amount. Buy in pieces and invest in more coins.
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June 16, 2017, 05:31:06 AM
 #251

Hold them. And don't ever buy a huge amount. Buy in pieces and invest in more coins.
Well instead of selling it with some loses why not use it inside the trading as we knew that theres a big potential that you will be able to get some decent earnings if you know how the system works. Trading is the best place to grow your bitcoin while waiting for the value rise up and be more profitable in the long run.

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June 16, 2017, 06:31:51 AM
 #252

just imagine others buying at $3000  Grin
dont worry, itll be 4500 at the end of the year

There's nothing to feel sorry when you bought at peak as that price will be the dip when the price of bitcoin reached up to another level. Yes, many believes that this year will be another great especially when the Christmas season is about to enter or maybe in BER months. People will have more spare money to buy bitcoin that will make the price pump.

It dumped now to $2320, I think this is the best price now to buy bitcoin, It is not that high and we all know that this will be pumping more especially after months of August, or maybe August itself. But yeah, everytime the Christmas season is approaching, the price always pump, I did'nt know the real reason though, but my theory is that many are using it in that season. So, I think it is better to buy now before you regret it.
Upon checking now it's at $2,418 and it is still quite good to consider as a new floor price. As long as it will remain good higher at $2k. There were some interesting thing that we need to tune on August 1. I hope that it will be positive so those people who bought at $2,500 can now see that there's nothing to worry.



 

 

 

 

 

 


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June 16, 2017, 06:51:49 AM
 #253

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?

$10,000 is a good price to take some profit. 

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franklin9
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June 16, 2017, 09:51:58 AM
 #254

That's the nature of both bitcoin and investment, but you shouldn't treat it as a failing investment just with a singe fall, for example, from your post time, the price recovered to around $3000 and again fell to close to $2000 and now at the range of $2500, in short, it has already recovered, risen, fell and recovered. that's just how volatile is.
mundang
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June 16, 2017, 09:56:28 AM
 #255

just imagine others buying at $3000  Grin
dont worry, itll be 4500 at the end of the year
Always bear in mind once you invest in bitcoin you must accept all the risk,one is the dropping in price but always think positive,everything will be alright  just hold on to your bitcoins it will surely reached the 4000$ price by next year.
Oilacris
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June 16, 2017, 09:59:11 AM
 #256

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.

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June 16, 2017, 10:28:10 PM
 #257

just imagine others buying at $3000  Grin
dont worry, itll be 4500 at the end of the year
Always bear in mind once you invest in bitcoin you must accept all the risk,one is the dropping in price but always think positive,everything will be alright  just hold on to your bitcoins it will surely reached the 4000$ price by next year.
This is something that many that have the money but not the experience don’t take into account, the price of bitcoin is incredibly variable like nothing you can see in stock or anything like that, and when they enter the market they are surprised by the wild movements and then they sell for a loss fearing the worst, when they could have gotten their money back by just waiting a few days.

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LewiesMan
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June 16, 2017, 10:53:15 PM
 #258

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..
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June 16, 2017, 11:01:28 PM
 #259

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.

MingLee
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June 16, 2017, 11:03:40 PM
 #260

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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