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Author Topic: I felt bad buying this morning at $14,000...  (Read 1116 times)
andytranter (OP)
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December 07, 2017, 04:38:12 PM
 #1

But now that it has shot up to nearly $17,000 in just a few hours, it doesn't seem like too bad an investment!

Its crazy thinking that just last week i didn't want to buy at $10, or even $11k!

My only fear is that the bubble will pop with it increasing so quickly


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DaMut
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December 07, 2017, 04:59:26 PM
 #2

everyday and everytime is a good time to buy Bitcoin absolutely,
of course it will be good if we're holding it for a long time not for a short time.
yes many people felt the same thing like you did and so i am.
but bear it in your mind,
this kind of movement caused by the news that we heard about a newly listing that will happen at Dec 18.
many people overyhyped it because of this and of course it's very fast to reach this point at this moment.
will the bubble burst ?
i am not really sure or i should say it's not the bubble yet,
because if we're looking at it carefully and value it from its usability and others,
i think its true price is far from it,
right now we're on the process,lately we heard alot about it.
like regulated exchanges in japanese,listing in cme group's and later on in Q1 listing in some place(i am not really sure about it,let see what will happen in the future after it get listed on CME group's) and many others.

if you're a true believer,
do not think to much about it and keep holding it.
i am completely sure that it will grow in the future even if the price goes to the ground tomorrow.
people always find a way to make a money,so it's not really surprising to see the price flying to the moon or drowning to the ground.

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December 07, 2017, 05:35:26 PM
 #3

If you feel bad about your investment initially, and suddenly think it's fine just because the price has gone up, you probably were better off not investing at all. In this case you're seeing the price go up, but what would you do when the price tanked to $12,000 suddenly? It seems that you invest into something just to be part of the rally, but with zero actual thought behind your actions. It's like gambling, but then in a milder form since you only lose with this once you sell at a loss. I think at this point the majority of the people nowadays act similar to how you invest in Bitcoin, which is a very dangerous practice.
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December 07, 2017, 05:45:14 PM
 #4

Have you seen how magic bitcoin is? I bought the last bunch of bitcoins (aprox 0.20) when the price was $10000 each one of them.

I spent more than $2000 in that bunch, and now it is worth more than $3500 in just FOUR DAYS.

Have you seen how i made a profit of more than $1500 in just a few days? It is incredible guys, but the price is very pure fiction, i dont think that it will be stable, and less in these levels, it went up by more than $4000 just in less than 24 hours.

It is not stable, it needs to go down by a little.
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December 07, 2017, 05:49:12 PM
 #5

Bitcoin is not in a bubble right now but current surge is quite risky to make an entry. If you have bought at $14k than you might consider yourself still safe but keep eye on market as price can also go below that level in next correction as price has increased by over 20% within 24 hour which is just too big and without any correction it can't move up in healthy manner.

Just don't sell your bitcoin even if there will be small correction in price.
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December 07, 2017, 06:25:00 PM
 #6

It felt like all of the hesitation to buy at $10k already wore off and was replaced by regret. Luckily I trusted bitcoin enough to keep on buying up until $14k when I called it quits for awhile. Bitcoin is the proudest purchase I've had on my entire existence since it nets me a huge profit over the past few years. I felt bad that I haven't known anything about it when it was just budding around early 2013 but hey, at least I'm a part of the 'early investors' club!
MiningSensei
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December 07, 2017, 06:37:31 PM
 #7

It is unreal, i really understand how are you feeling right now because the price is very over inflated right now, i am not talking about inflation. The price is unreal, it is like if some fairy tales have just created bitcoin to have a fictional price.

How much it is going to increase? This is very annoying for those who never had the opportunity to jump into this train, i am glad of this, specially because i am lucky to be in here.

Have you hear about Andreas antonopoulos? This guy received more than three million dollars worth of bitcoin today because he was the Leader of a lot of people, he introduced thousands of guys in here and he was broke.


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December 07, 2017, 06:44:52 PM
 #8

But now that it has shot up to nearly $17,000 in just a few hours, it doesn't seem like too bad an investment!

Its crazy thinking that just last week i didn't want to buy at $10, or even $11k!

My only fear is that the bubble will pop with it increasing so quickly

Investing in bitcoin at any time is proven to be the best investment. It is true that buying on top isn't recommended but the profit until now is guaranteed

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warrior333
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December 07, 2017, 07:05:15 PM
 #9

But now that it has shot up to nearly $17,000 in just a few hours, it doesn't seem like too bad an investment!

Its crazy thinking that just last week i didn't want to buy at $10, or even $11k!

My only fear is that the bubble will pop with it increasing so quickly

Investing in bitcoin at any time is proven to be the best investment. It is true that buying on top isn't recommended but the profit until now is guaranteed
It seems to me that now is not the time to buy bitcoins. This currency is increasing in price for a long time. It seems to me that at any moment can begin a correction. At the current price hikes this could be the biggest human tragedy. I think that bitcoin is gradually becoming a club of the closed type.
jc89
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December 07, 2017, 07:06:07 PM
 #10

But now that it has shot up to nearly $17,000 in just a few hours, it doesn't seem like too bad an investment!

Its crazy thinking that just last week i didn't want to buy at $10, or even $11k!

My only fear is that the bubble will pop with it increasing so quickly



This is a very normal feeling when it comes to any type of investments. Resistance is an inevitable feeling that would hinder you from earning. However, all are in the past now and we cannot undo what has been done. The important thing that would matter here is that you bought at 14k and now, you have an almost 3k of profit. It ain't that bad to feel bad right.

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December 07, 2017, 07:12:26 PM
 #11

That is why always buying bitcoin is a good choice if you really wanted to make profit in the future you are not the only one who regretting and i think more people are regretting right now.
Those who had  more than 1 bitcoin and bought their bitcoin cheap their are lucky right now this is always happening every december that the price is burst increased..
I feel that the price can be increase more soon as what other analysis about bitcoin the price can be increase until $18,000
But i don't guaranteed you that the price can be increase more for me honestly its too much price increase happen this month compare to the previous year..

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December 07, 2017, 07:16:41 PM
 #12

But now that it has shot up to nearly $17,000 in just a few hours, it doesn't seem like too bad an investment!

Its crazy thinking that just last week i didn't want to buy at $10, or even $11k!

My only fear is that the bubble will pop with it increasing so quickly



This day bitcoin value reaches to the 14k this amazing actually. If you have saved the bitcoin for long time as small points value means you have to get the bitcoin in 20k only if you waits for some weeks or with in a month too... We are not sure about it.
bump will not burst out according to my knowledge because the bitcoin is decentralized money so no one will have control on it bro. It grows or fails it is upto the number of users going towards it.
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December 07, 2017, 07:39:14 PM
 #13

But now that it has shot up to nearly $17,000 in just a few hours, it doesn't seem like too bad an investment!

Its crazy thinking that just last week i didn't want to buy at $10, or even $11k!

My only fear is that the bubble will pop with it increasing so quickly



Right now it seems that investors can do no wrong when it comes to bitcoin and they are duly rewarded very quickly after buying. There is a growing sentiment I feel in the community that such a thing cannot continue and there are beginning to be some pretty clear warning signs. There are huge profits to be made now for those who are brave but then if some others are right and a bubble is in play then those profits could quickly turn to losses.

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senne
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December 07, 2017, 08:45:03 PM
 #14

But now that it has shot up to nearly $17,000 in just a few hours, it doesn't seem like too bad an investment!

Its crazy thinking that just last week i didn't want to buy at $10, or even $11k!

My only fear is that the bubble will pop with it increasing so quickly



It is not only your fear, currently everyone is worried and astonished about the rising value of Bitcoin. Such enormous growth is witnessed first time in the history of bitcoin and really no one could predict such high value in the last month of 2k17. Where everyone was expecting Bitcoin to reach 14-15k near New Year, it has already crushed the boundaries and setting up new benchmark.
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December 07, 2017, 08:59:14 PM
 #15

But now that it has shot up to nearly $17,000 in just a few hours, it doesn't seem like too bad an investment!

Its crazy thinking that just last week i didn't want to buy at $10, or even $11k!

My only fear is that the bubble will pop with it increasing so quickly


With what is happening any drop should be following by buying as it seen many traders and investors has decided to keep on buying and few are ready to sell their holding. I was telling a friend today that bitcoin may get to $40,000 before middle of next year and he said that he wants to buy from the local exchangers who gave him a high rediculious price that he could not afford to risk.  I think holding make bitcoin price to go up.
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December 07, 2017, 11:04:14 PM
 #16

You won't lose investing in bitcoin as the price on rally right now, it seems $20,000 by the end of the year may be achieved and not impossible at all. Bitcoin continues to grow bigger as time goes one, gained value over $1000 within 24 hours, and people keep speculating it will fall, the bubble will pop and collapse, maybe someday but not anytime soon.
Current price is $17,431 on cmc, $16,310 on preev, $17,178 on Gdax, but it's $21,777 on bitcoin.co.id
minersday
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December 07, 2017, 11:21:31 PM
 #17

It is not impossible, but you need to remember that it has been increasing a lot during the last few days, and that is not sustainable anymore.

You won't lose investing in bitcoin as the price on rally right now, it seems $20,000 by the end of the year may be achieved and not impossible at all.

Just look at the charts, do you really think that a big increase of more than four thousand dollars in just a week is reasonable? No, it doesnt, and that is the real reason of why it will drop a little.

But yes, if you have the chance to keep holding them for a week or so, then you are going to earn a lot if there isn't a correction during the next days or weeks.

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December 08, 2017, 09:44:40 AM
 #18

I want to keep hold for the long term, so i'm not too interested in short term gains.

Can you believe i thought i was too late getting into Bitcoin earlier this year in the summer, when price was $4,000 per coin? If only i had bought more back then!

Made you look!
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December 08, 2017, 10:27:37 AM
 #19

But now that it has shot up to nearly $17,000 in just a few hours, it doesn't seem like too bad an investment!
bitcoin is never a bad investment, specially if you are thinking long term. now may not be the best time to buy though, unless you are day trading it.

Quote
Its crazy thinking that just last week i didn't want to buy at $10, or even $11k!
more crazy is that all the people who didn't buy at $1200 and instead sold because someone said this is the end. and then $1200 went to $12000+ (10x)

Quote
My only fear is that the bubble will pop with it increasing so quickly
it will eventually. maybe the current drop is the start of it, maybe some temporary drop. but it will drop eventually and will drop big. a good time to buy is by then before it recovers and goes back up.

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December 08, 2017, 10:37:26 AM
 #20

But now that it has shot up to nearly $17,000 in just a few hours, it doesn't seem like too bad an investment!

Its crazy thinking that just last week i didn't want to buy at $10, or even $11k!

My only fear is that the bubble will pop with it increasing so quickly



The moment you bought bitcoin you must accept that anything including experiencing losing some will happened on the way.

If you are eyeing for long term goals no worries what will happened later on as long as you understand what you are doing.



My only fear is that the bubble will pop with it increasing so quickly


No such thing as bubble.

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