Just Bought $5000 Wort of BTC How Am I looking?

[AyCalvin]

Just placed a buy for 5k @13,000$ Was that a good decision?

[superlative]

Yes.  People have to understand why bitcoin is going up so fast.  It isn't because of speculation.  It isn't because people want to make more US$.

It's because the decentralized economy is replacing the centralized one.  The decentralized economy will keep growing until it completely absorbs the old world centralized economy, which is in the 100s of trillions.  In 10 years time, people will laugh at fiat currency, just like we laugh at newspapers and encyclopedias.

So your $5000 is in the best place for the future, because you got rid of a depreciating asset (US$) which will soon become obsolete, for the thing that will have the most value in the future economy.

[rohqit]

wow could have gotten a whole bitcoin with 5k a few weeks ago. Those days might be gone forever though 

That said you are way ahead of the game and trust you will be glad you bought in a week. This is not stopping. Just don't panic during the inevitable corrections and you will sleep easy at night.

[chacha66]

I know this sounds like --to the moon crap talk---- but Ive got that feeling that bitcoin will reach 20000 sooner then you think. This is not because of the fundamentals of bitcoin, there are other coins (litecoin ect..) that are as good and better ,faster cheaper ect. Its because everyone knows bitcoin , even my mother although she dosnt understand it. People want in to the crypto world and they gotta buy BTC to get there. On top of all this I think the BTC and crypto community are all confident that BTC is just going to keep going because no matter how muny bumps it has had it survives and flourishes. That is the most important part,  people have confidence in it. Thats why I think and hope your gonna be ok.
disclaimer: 15% of my crypto cash is in BTC
peace

[JohnB31]

The most important is do not panic if the price suddenly drops.
Until now there where some fast deep dips but the price always did come up.
You lose only if you sell at a bad moment.

[naf]

Just placed a buy for 5k @13,000$ Was that a good decision?

In any case, it will be a great adventure. Now, you are part of how history is made. Welcome on board!

[MiiDoViic]

why did you wait till 13k ? you could've bought it when it was 10k just less than a week ago or waited after the price correction. Anyway you could never go wrong investing in bitcoin . Sooner or later you will be making profit like crazy. Have fun watching that number grow

[tomahawk9]

Just placed a buy for 5k @13,000$ Was that a good decision?

should've done it earlier but still, welcome to Bitcoin. It's always a good decision to buy BTC so don't ever question it. Just remember that btc is volatile, so don't worry if you start seeing your coins going down, especially if there's a pullback/dip in the price. Other than that, you'll be glad that you bought @ 13k, because by the current projection, we might see 15k this month.

[ninche]

no i think it is not good decision
but lets wait and see

[Flagship11]

This will be one of the best if not the best decision you've ever made

[Anonylz]

Just placed a buy for 5k @13,000$ Was that a good decision?

it is ironic because the price was less than $13,000 just one hour and a half ago   You really missed that train buddy, or did you already bought?


And it was less than $12,000 yesterday, because it just touched that all time high during yesterday.

If you are smart you are going to make a bunch of money, the price is still on big rally to get to $15,000 before 2018, so yes, you are going to make the most easy $2,000 that you have ever earned in your life.

Lets see how it moves.

[harizen]

Just placed a buy for 5k @13,000$ Was that a good decision?

it is ironic because the price was less than $13,000 just one hour and a half ago   You really missed that train buddy, or did you already bought?


And it was less than $12,000 yesterday, because it just touched that all time high during yesterday.

If you are smart you are going to make a bunch of money, the price is still on big rally to get to $15,000 before 2018, so yes, you are going to make the most easy $2,000 that you have ever earned in your life.

Lets see how it moves.

Where is the train lol?

You will never know the output until it will happened. Is that a good decision by OP? Generally at any price level, anyone can enter as long as they know what they are doing and accept all the risks associated the moment they bought the coins.

And to your last statement, day trade? short term? I don't think it will work for now based on current price behaviour especially for an average bitcoiner as they are only increasing the risks of losing.

[alphacoco]

As long as you don't expect to earn a quick buck I don't think you will go wrong. Just hold as long as you can.

Welcome on board. Everyone I show the growth to just thinks they have missed the boat.

[Pfizer]

Just placed a buy for 5k @13,000$ Was that a good decision?

it is ironic because the price was less than $13,000 just one hour and a half ago   You really missed that train buddy, or did you already bought?


And it was less than $12,000 yesterday, because it just touched that all time high during yesterday.

If you are smart you are going to make a bunch of money, the price is still on big rally to get to $15,000 before 2018, so yes, you are going to make the most easy $2,000 that you have ever earned in your life.

Lets see how it moves.

This kind of comments make me always afraid of the market. Never think you're earning free money in bitcoin because of getting blind with the current bullish market.

The output is never predictable as one of the users said here. It's all up to whales.

[dansmith_99]

Look, in my opinion any investment in bitcoin is a good investment. Regardless of the amount you put in, its comes down to the ROI. Bitcoin has the potential to

go so far, people getting in now will always be thought of as the lucky people who invested early.

[jak3]

Believe me that's the best thing you can do with the money. Investing your money into the Bitcoin is not only profitable but is also a part of contributing sum of the existence to the Bitcoin community. As for now we know that Bitcoin is the best long term investment the time live trading as both of these thing will give you more profit then any banks could pay you. Save that money for another 5 or 6 years and you will be a millionaire because the price will rise but because there will be more millions of people who will join by then.

[btcprospecter]

It is a risk and it could pay off in years to come it does get you into the game. If only you had off done this a few years ago.

[Yakamoto]

Just placed a buy for 5k @13,000$ Was that a good decision?

You'll find out won't you?

It's not like we can tell you for certain when something is a good choice or not, for most of us we have no idea what to think of the market and it is as much of a crapshoot trying to guess the price in the future as playing craps itself. There's simply no valuable information we can tell you beyond wishful speculation, the best you can do is wait and see where it all goes. There's nothing that guarantees how valuable your position is, but so far the market looks up according to what you said, so you're already ahead of the ball game.

[uncleduckerr]

It may have not been best decision but it certainly is not a bad decision neither. Now what this is going to depend on is how long you can hodl onto your bitcoin because if you panic when it goes down (it will eventually go down a little) then you are in for no fun but if you keep calm then by next year end you should likely be in the green, more so than any traditional asset you could have attained. Props to you for jumping in

[AltcoinAuthority]

Just placed a buy for 5k @13,000$ Was that a good decision?

Investing in Bitcoin right this instant is not a bad idea, it doesn't matter how much coins you get -as long as you aren't spending your lifesavings on it.