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Author Topic: I felt bad buying this morning at $14,000...  (Read 1115 times)
EastSound
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December 08, 2017, 01:18:08 PM
 #21

We felt that experience before when investing in crypto its for a long term hold its not good for shorters.
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December 09, 2017, 02:02:18 PM
 #22

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



You have the same feelings and the same fears as most of those who hold Bitcoins have now. I guess BTC keepers stay sleepless  Shocked
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December 09, 2017, 02:06:50 PM
 #23

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


You are not alone. There are people also who did not buy bitcoins when the price was lower than todays price. Regret was always felt in the end.
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December 09, 2017, 02:23:55 PM
 #24

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



$14,000 does seem high but it’s 25% off the peak so it’s probably not a bad price point. You’re probably still going to make a big profit if you hold it for a year or more even if there is a crash.

My philosophy for Bitcoin and any major altcoins is don’t sell for a loss. You will probably be able to ride out any correction or crash if you can wait long enough. Bitcoin could crash and then rise back up to $100,000 in a couple of years, so you are better off just holding rather than selling.
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December 09, 2017, 02:28:10 PM
 #25

One thing BTC touch us since its invented . BTC never failed anyone . buying at any range will result for profit at the end , It is just matter of time ( when ) . 
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December 09, 2017, 02:31:45 PM
 #26

The only thing you should feel bad about is missing the extra profits by not investing earlier when it went up to 17k you could earn more profits. Other than that, you should never feel bad for anything like investing in Bitcoin or something, because you are eventually going to be in profit if you are a long term investor. We all know that the current situation is not permanent for sure, and Bitcoin cannot keep moving like this, but we also know that Bitcoin will eventually be of more value than today.
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December 09, 2017, 02:39:09 PM
 #27

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



And now the price is just hovering above $15,000 and I think you should not fell bad at getting it at $14,000. Yes, its definitely not a bad investment but it still has risk, we can't never predict where the price is really going. But don't worry personally, I think this madness will not stop until we see bitcoin hits $20,000, and because of all this financial institutions offering. And as far as the bubble being pop, historical data says that it can quickly recovered and even go further and establish new all-time-high. So you are still on the positive as far as profit, let's see how it goes on Sunday/Monday when CBOE officially offering bitcoin contracts, it may go either way, but I have a feeling that this bull run will still continue at the end of the year.

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December 09, 2017, 02:48:45 PM
 #28

I'm not so sure. For me a bubble is any asset whose value grows only by investing user. If bitcoin is used for trading and thereby stimulated the production I would change my opinion. But we still have a long way to go. We do not have unity of opinion within the bitcoin community and this can have a detrimental effect on the future of bitcoin.
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December 09, 2017, 03:21:45 PM
 #29

I have had this feeling some time ago and I think many of us have had this feeling too. The fear of what is going to happen next always dominate our mind when ever we want to take good business decisions and the uncertainty surrounding the particular asset always make us to regret our decision. I think one has to know how think work in other to invest into bitcoin at the right time and this has been very difficult because we refuse to learn when to buy in other to make profits. Thank God your purchase at $14,000 now $17,000 and if you hold further bitcoin is going towards $20,000 before this year end.
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December 09, 2017, 03:46:04 PM
 #30

We was scared, thought it was a bubble. We think $10,000 is too high and when it reaches $17,000 we regret it. Now do not invest maybe a few days later we regret it so.
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December 09, 2017, 04:04:34 PM
 #31

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



Never feel bad about it. If you can afford to hold your bitcoins, you'll have a nice return in the furure for sure. This is not a short term investment while you're in bitcoin.
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December 09, 2017, 04:20:09 PM
 #32

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



You have the same feelings and the same fears as most of those who hold Bitcoins have now. I guess BTC keepers stay sleepless  Shocked
I empathize with them. I understand the worry of them. Wondering sell or continue to keep. because bitcoin price is too high compared with Bitcoin price before we buy into, profit is greater when selling them this time. However we are still like to reserve bitcoin, fear that sell them and can not buy back with lower prices


Make me great again
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December 09, 2017, 04:22:58 PM
 #33

That's the problem with all the noobs like you , you first brag and be super happy and praise btc that it increased by $1k $3k etc and be like you made so much profit but as soon as it falls down you all start complaining like idiots that btc is shit , it's just a stupid bubble blah blah.

Firstly no one is forcing you to invest in btc if you are some stupid idiot expecting to earn $1000's in a single day without any risk piss off.

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December 09, 2017, 06:05:24 PM
 #34

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



You have the same feelings and the same fears as most of those who hold Bitcoins have now. I guess BTC keepers stay sleepless  Shocked
I empathize with them. I understand the worry of them. Wondering sell or continue to keep. because bitcoin price is too high compared with Bitcoin price before we buy into, profit is greater when selling them this time. However we are still like to reserve bitcoin, fear that sell them and can not buy back with lower prices


The matter is that we have already seen what the maximum record of the Bitcoin price can be for today, and at the slightest slips of 1000 or several thousand, it will be possible to buy boldly and wait for the next growth, which will very quickly come.
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December 09, 2017, 06:14:38 PM
 #35

Personally I am waiting to spend money to buy some more bitcoin. This last days the price is too volatile; yesterday the price was at 16k$, today it is at 14k$...



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December 09, 2017, 06:16:58 PM
 #36

Its not only you who have a doubt in his/her mind, the fear of loss restrict many people to invest in bitcoin but some smart and risk taker have done it and now they are enjoying the ATH. Its never too late to be in this business, even now the people who have realized that bitcoin is not a bubble are earning handsome amount through it but many of the people are still in a doubt (or they don't want to take risk) even after seeing this much growth of bitcoin.
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December 09, 2017, 07:17:20 PM
 #37

Personally I am waiting to spend money to buy some more bitcoin. This last days the price is too volatile; yesterday the price was at 16k$, today it is at 14k$...

This volatility offers opportunities for people waiting to enter. If you was considering to buy Bitcoin yesterday, and see now where the market stands at, it means a $2000 discount if you pull the trigger and start buying. Other than that, this volatility shouldn't come as a surprise considering how extremely thin the market currently is. In the mainstream media they make a big deal out of it, but it's all part of the game if you think logically. People shouldn't be forget that when the market goes up like $1000-$2000 in a matter of hours, it can also go down that much in a similar time fashion. Bitcoin and volatility are tied to each other basically for ever.
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December 09, 2017, 07:38:05 PM
 #38

Personally I am waiting to spend money to buy some more bitcoin. This last days the price is too volatile; yesterday the price was at 16k$, today it is at 14k$...
As you wait for the price of bitcoin to get lower and you're willing to spend money for buying bitcoin, this is the right time for you to buy some more. This is what volatility is, after the quick pump there will be a dump but I consider this as correction and it's very normal to make the economy healthy. After this quick dump there will be another quick new ATH so if you want to ride that moment, take this chance.



 

 

 

 

 

 


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December 09, 2017, 07:48:09 PM
 #39

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!
Feeling bad and bitcoin don't fit in the same sentence. Eventhough I have made bitcoin purchases that are up nearly 1000% at this point (and I'm still holding), I didn't quit buying either. Every month or so I buy bitcoin, regardless of the price it's at, with a percentage of the money I earned that month. Last month I bought bitcoin at around $11K and it dropped to $9K right after, and eventhough it was a relatively small investment and I didn't really care at what price I bought , I kind of felt that regret of not waiting that extra hour just to scoop up some extra bitcoin. But that's just me being so eager to get as much bitcoin as possible I guess. But still pretty pathetic because bitcoin is worth $14K right now. Just keep buying with everything you are willing to lose and you will be victorious in the end.
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December 24, 2017, 04:59:20 AM
 #40

It's actually a nice thing to do. Just hold your investment to see it increase by the start of 2018. For sure you will never regret it!
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