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Author Topic: Feeling the burn  (Read 1565 times)
Angel777
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June 05, 2017, 12:33:08 PM
 #41

Feeling burn is like a loser.No chance of success.Its like he lost everything.Like if your in a job you feel no hope in everything you do,you feel useless and you dont feel on what you're doing,you dont feel comfortable.
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June 05, 2017, 12:49:53 PM
 #42

I had about 6.7 BTC back in 2014 or so at a price of about 1600$ I was down about 250$ and then I kept seeing litecoin go up 20% a day and jumped into that... then it spiked at 7.5$ or so... and then it dumped down to about 4$ I lost 700$ or so... and then kept playing around and finally got out with about 200$ left. About 6-8 months later BTC went to 300... and it's been rising ever since.... now i'm feeling the burn.

I should have never bought LTC...

I learned a lot about economics and had a lot of fun trading, even though I lost.

I was considering maybe jumping in again with 1000$. I'd probably go back to bitfinex.
Try some longs or shorts.

Thing is I probably would have bought ealier but you can't buy if you have no money.
Now I got some but i'm in China, and exhanges here still seem reticent on withdraws.

I dunno what do ya'll think? Buy in at 2400$?

Thats a sad thing which happened into you but im sure you are not the only one who experience such loss because this is really a part of learning process on doing trading.For now i would say its not a bad idea to buy on the current price as long you can afford it to buy some but if you ask me ill wait little further on a certain dip of the price maybe 2100-2200 to really make shorting on a little span of time to secure profits later on.

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June 05, 2017, 01:09:26 PM
 #43

I guess now, its too late to turn back. Irrespective of how much you want to blame yourself I am sure you are not the only one in the same position as almost every one would have fallen to that at one point or the other and that's why threads about bitcoin regrets is always full with several experience in a matter of hours. The most important is what do you make out of it? Do you want to still continue whinning about it or moving on?
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June 05, 2017, 01:15:13 PM
 #44

First off I just want to say Trading is not a place for newbies to play around because real money is at stake here. Everything must be in your control from your plans even to your emotions must be always in check. Tradings is not following the hype but following your plans which will soon create the hype (if you are correct). Finally another alternative for Trading is Sitting and Holding (which is also called Investing) no matter what news you see or what hype you see about other Altcoins you must hold your position and be optimistic about it growing overtime.
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June 05, 2017, 03:22:25 PM
 #45

I feel sorrry about it dude but what will you do now, just leave it in the past and move on, it's sad to loose like that but I will recommend that going forward you buy and keep bitcoins irrespective of what techniques or strategies that someone might prescribe to you, just keep believing and in sure you'll recover your losses along the way as Bitcoin soars forward.
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June 07, 2017, 02:14:52 AM
 #46

I had about 6.7 BTC back in 2014 or so at a price of about 1600$ I was down about 250$ and then I kept seeing litecoin go up 20% a day and jumped into that... then it spiked at 7.5$ or so... and then it dumped down to about 4$ I lost 700$ or so... and then kept playing around and finally got out with about 200$ left. About 6-8 months later BTC went to 300... and it's been rising ever since.... now i'm feeling the burn.

I should have never bought LTC...

I learned a lot about economics and had a lot of fun trading, even though I lost.

I was considering maybe jumping in again with 1000$. I'd probably go back to bitfinex.
Try some longs or shorts.

Thing is I probably would have bought ealier but you can't buy if you have no money.
Now I got some but i'm in China, and exhanges here still seem reticent on withdraws.

I dunno what do ya'll think? Buy in at 2400$?
Altcoin market is more volatile than bitcoin.Most altcoins are just pumped and dumped.So it would be better to hold bitcoins.If we see the previous price history of bitcoin,we could clearly see that bitcoin price has increased gradually from time to time.So better buy bitcoins.Bitcoin price is expected to reach $5000 soon.

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June 07, 2017, 02:20:41 AM
 #47

Not only you in this world who feels the pain like that LOL, mine have the same case as well  Grin. But well, keep on heading the future, maybe we'll get the second chance.
And about buying while at the rates of about $2400. Probably you've got the profit of $400 for each BTC today but well, if you're not yet buying it, alright then. The price is now currently on its peak and really vulnerable to recent correction to be coming. TBH from my opinion, not a good idea to buy the bitcoin right now. The price rather too expensive and make our investment worth a little, but if you're believing that the price will always go up by the time. Just try then.
There's some news that Russia is now accepting Bitcoin, may be a good reference tho.
 

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June 07, 2017, 01:14:28 PM
 #48

The price of bitcoin will continue to grow. Need to buy some, but I suggest to buy when it falls. Almost every week we see a jump. Wait for maximum drop and buy. Last week we saw a drop to $ 1,900. Now we need to wait for the fall to 2000-2100 dollars.
sad also know about it. but alt coin that is generally not the best unless you are sure that one day the coins you have will have no value and there are in stock. even though the value will go up or down but it's not too bad because I am sure that it will continue to grow even when falling though will still increase.
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