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Author Topic: Bought BTC at 20k  (Read 437 times)
marketone
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May 03, 2018, 02:23:46 AM
 #41

If you had 100k, you spent 50k buying BTC at 20k in Dec 2017 and felt like shit. Now is May 2018 and you have 50k left, which coin would you put your money in so that you don't feel the same way ?

There's a lot of coins that has a lot of potential that is undervalued. The market is starting to recover, so I think that it is really time to buy more and wait for the market to recover. You will surely get your losses back of you will be patient.

Instead of buying of other why cant he buy the bitcoin at this price in order to get average price. Once bitcoin price start increasing he can make some profit with bitcoin which he can easily divert other low valued coins.
sehoon
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May 03, 2018, 11:52:37 AM
 #42

If you had 100k, you spent 50k buying BTC at 20k in Dec 2017 and felt like shit. Now is May 2018 and you have 50k left, which coin would you put your money in so that you don't feel the same way ?

You probably don't have enough knowledge about cryptocurrency when you bought bitcoin at $20k. But don't worry, I think bitcoin will still grow more than $20k and you can have your profit. But if ever you have $100k again, divide your portfolio in coins like XRP, Waves, and Stratis.

Danstan
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May 03, 2018, 12:06:25 PM
 #43

You can buy 1 BTC again this month while the price is not yet back to peak one, the other 40k buy it with ETH. Hold the half of your ETH and the other buy it with tokens you think its promising, then they might grow together this coming December and your income will comeback x50 or even more.
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May 03, 2018, 12:52:29 PM
 #44

I would buy bitcoin again if I were someone did this because altcoins have very bigger chance than bitcoin to crash and make enormous loss. Bitcoin is better for those who made such mistake.

canman
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May 03, 2018, 12:59:50 PM
 #45

Continue to buy 50k BTC. and continue to hold. If you buy BTC at 20k you still do not sell when prices go down below 17-18k. you are crazy investment Cheesy
thedarksun
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May 03, 2018, 01:12:43 PM
 #46

The best option for me would be buy few the best coins from top 20 and wait for profit, i think the best will be 50% ethereum and 50% other coins
Poink
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May 03, 2018, 01:22:31 PM
 #47

Continue to buy 50k BTC. and continue to hold. If you buy BTC at 20k you still do not sell when prices go down below 17-18k. you are crazy investment Cheesy

This is a very common misconception about crypto investing.  IF you are selling to cash out then I agree that it is crazy.

In crypto, even if you bought BTC at $20k each... it can be wise to sell at $10k each.  That looks like a 50% loss so HOW?

SIMPLE.  WHEN the coin you are buying is on SALE for more than 50% and is expected to rebound as strong (if not stronger) than BTC.

The catch is finding the coin that will out perform BTC.  Many would rather play it safe and just HODL BTC and that is a perfectly good way to go too.  I just want to present the alternative and how it can work.

Cacingkemi
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May 03, 2018, 01:28:18 PM
 #48

If I were in that position then now I would buy on altcoin the lowest under 100$ by the way on the value in the market and would probably buy BTC first to start buying altcoin I want right,indeed I have BTC by buying at 20K but its different dude I will HODL it for a long time and for a distant future. Wink

wndrbr3d
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May 04, 2018, 09:40:19 AM
 #49

I would spilt the other $50k investment and buy BTC. This bring my average buying price down.
Yes, if you spent 50k$ on BTC at 20k$ price and now you spend 30$k for example on BTC at ~10k$ price, you average BTC price is 14550$.
BTW the market is not on the bottom now, maybe you should wait for a big dump then...
Lumada
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May 04, 2018, 10:15:05 AM
 #50

I would spilt the other $50k investment and buy BTC. This bring my average buying price down.
Yes, if you spent 50k$ on BTC at 20k$ price and now you spend 30$k for example on BTC at ~10k$ price, you average BTC price is 14550$.
BTW the market is not on the bottom now, maybe you should wait for a big dump then...
Soon till it reaches that amount again, I hope you did some buying when the price dips this past month, so you might balance the gains and lose.


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avp2306
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May 04, 2018, 10:44:47 AM
 #51

I would spilt the other $50k investment and buy BTC. This bring my average buying price down.
Yes, if you spent 50k$ on BTC at 20k$ price and now you spend 30$k for example on BTC at ~10k$ price, you average BTC price is 14550$.
BTW the market is not on the bottom now, maybe you should wait for a big dump then...

Pathetic moves for him to wait for a dump since look like the market capitalization is regaining back and there are huge whales are keep coming to make bitcoins go pump. We actually see the little bull run symptoms and might the pump will continue since the people right now are keep looking for the pump and not with the dump and this could be a good opportunity for him to buy and regain on what he loss when he bought at $20k at piece.

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zhuchunyu
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May 04, 2018, 10:57:48 AM
 #52

I only focus on btc and don't pay attention to others
 because I only like btc
and I don't want to benefit from btc. Im chinese, understand the people around me and tell you responsibly
 that the Chinese people have a strong purchasing power,
 but 99.9% of people don't even know what is the BTC,
what is the public key and the private key,
 and they Do not understand investment,
 they are greedy!!!!!!!.
 From a speculative point of view, btc will surely rise.
 Eventually the Chinese will lose their money.
artjomgorelov
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May 04, 2018, 11:16:06 AM
 #53

Buy another bitcoin for ten thousand and you will have a bitcoin bought for fifteen thousand. And when it grows to fifteen thousand, you sell it.
Abeleez
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May 04, 2018, 11:20:54 AM
 #54

If you had 100k, you spent 50k buying BTC at 20k in Dec 2017 and felt like shit. Now is May 2018 and you have 50k left, which coin would you put your money in so that you don't feel the same way ?
you want to spread it guy
aragom
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May 04, 2018, 11:23:16 AM
 #55

If you had 100k, you spent 50k buying BTC at 20k in Dec 2017 and felt like shit. Now is May 2018 and you have 50k left, which coin would you put your money in so that you don't feel the same way ?

this is silly.

if you bought btc on 20k please hodl until it reached 20k.
dont panic and sell it
malibubaby
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May 04, 2018, 11:25:40 AM
 #56

You have to split the remaining 50k in dollars in different altcoins. Ethereum is a good choice for the longterm hold. But you have to consider that skme ico has a potential to x10 when they hit in exchange. So I will invest 20k dollars in a good ICO like SPINDLE and Safein.
OuterTech
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May 04, 2018, 11:50:08 AM
 #57

At the moment, I think BTC and ETH are the best choices Smiley. You can see that BTC and ETH price is increasing back very fast, it make almost other altcoins price dump to hell so quickly. If anyone want to invest right now I think they should only choose BTC and ETH only, but if they're interested in altcoin, they need to wait at least 1 more week to buy altcoin with the lowest price.

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May 04, 2018, 12:01:29 PM
 #58

If you had 100k, you spent 50k buying BTC at 20k in Dec 2017 and felt like shit. Now is May 2018 and you have 50k left, which coin would you put your money in so that you don't feel the same way ?
It might be late to catch the train, you should buy when it was at $6k dip. Anyway, buying coins this moment will still profitable. I will still go at BTC and ETH, those are good coins for long term investments.

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iMark
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May 04, 2018, 12:08:19 PM
 #59

If you had 100k, you spent 50k buying BTC at 20k in Dec 2017 and felt like shit. Now is May 2018 and you have 50k left, which coin would you put your money in so that you don't feel the same way ?
I would spilt the other $50k investment and buy BTC. This bring my average buying price down.
I think buying when the price is in the condition of ATH is a risky thing because of the possibility of falling price is quite large and it happens after beginning of the year, bitcoin prices decline and if you're good at looking at opportunities then you should buy at bottom line of bitcoin price, you should buy when the price $6k a few days ago, but buying again now is not too late
heidikim
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May 04, 2018, 12:09:38 PM
 #60

If Bitcoin continues with this upsurge, it may break the record of a few more patience, exceeding $ 15,000 in a few months, not too soon. I carry this hope inside of me I hope bitcoin does not fool us
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