I bought all my bitcoin over $1,000

[Nagle]

Good job! We need more suckers like you to keep the price up.

[Kenshin]

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Now it appears to be crashing again.

Ay yi yi.  I am beginning to think this is all just a grand conspiracy to screw with me.

Don't worry, the price of bitcoin will rise over $2000 in Q1 2014.

[BitChick]

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Now it appears to be crashing again.

Ay yi yi.  I am beginning to think this is all just a grand conspiracy to screw with me.

It is a common experience in BTC to buy as the price rises and then experience these "ups and downs."  My husband and I had the same thing happen to us in April.  We bought into the spike up to $266.  Our average price at that time was about $120 per coin.  We then were under our average price for most of the Summer.  It was a bit unnerving.  We did not invest more than we could afford to lose so we just waited, like many people on the board advised was the best strategy and as you can see that was great advice.  Sure it would have been nice to buy earlier, or later when the price dropped.  But the problem with BTC is we are never really sure how high it will go or how low when the price is bumping around.  But in the history of BTC it always has gone up so holding has been a "no lose" strategy for those that can do it without panicking. 

[Jcw188]

HODL MAN, HODL!

But seriously, if it dropping is making you that worried, maybe you shouldn't be hodling so much BTC

[Doublelucky]

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Now it appears to be crashing again.

Ay yi yi.  I am beginning to think this is all just a grand conspiracy to screw with me.

Come on guy.. Despite how much you may want it to be true or how big your ego is - I'm sorry to say but the world does not revolve around you or your shit life. You are not living the Truman show.

Are you one of those guys that occasionally refuse to watch a sporting event because you think that whenever you watch one the team you like loses or you bring them bad luck?

Or maybe when your team wins you blame it on your presence and how you tend to bring good luck whenever you watch

Get your ego checked kanye

[Bitcoinpro]

I guess that's why they say buy the dip "BTFD" but in this case your lucky you just bought before a dip which is preceding a tectonic rise.

[crazy_rabbit]

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Now it appears to be crashing again.

Ay yi yi.  I am beginning to think this is all just a grand conspiracy to screw with me.

Come on guy.. Despite how much you may want it to be true or how big your ego is - I'm sorry to say but the world does not revolve around you or your shit life. You are not living the Truman show.

Are you one of those guys that occasionally refuse to watch a sporting event because you think that whenever you watch one the team you like loses or you bring them bad luck?

Or maybe when your team wins you blame it on your presence and how you tend to bring good luck whenever you watch

Get your ego checked kanye

Wow. Someone can't take a joke. OP is being humorous. It's funny. Some people take this too seriously....

[MrPalmer]

I guess that's why they say buy the dip "BTFD" but in this case your lucky you just bought before a dip which is preceding a tectonic rise.

That's what I was just thinking.. Buying + $1000 might hurt for a while, OP.  But everyone here is right.  Don't sell.  Wait.  Your profits won't be the same as those who got in earlier, but there will be profits. 

[T.Stuart]

Don't worry. Bitcoin is on the cusp of mainstream business in the US.

http://www.cnbc.com/id/101316945

Believe me there is a whole lot of room for Bitcoin to grow in this country alone. Vast spaces as Bitcoin is a multi-faceted asset.

You will be feeling fine very soon!

PS There are many in your position and I am in from the upper hundreds. I am holding for the long-term.

[MatTheCat]

The fact that it recovered to almost $1000 WITHOUT the massive chinese support in about a month should really say something about bitcoin's growth and stability though.  China made up a huge portion of the bitcoin population/ecosystem and was largely responsible for bitcoin's explosive growth in November, but now we see that the void is getting filled up at a good pace and will continue to expand worldwide.

What the fk are ya talking about boy!?

65% of current Bitcoin trades are done in CNY.

How much skin do you have in the game anyhow? 0.5 BTC?

Misinformation comments like this contribute to people losing money.

[anu]

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Now it appears to be crashing again.

Ay yi yi.  I am beginning to think this is all just a grand conspiracy to screw with me.

Those who bought at $32 in 6/2011 got laughed at for months. Who is laughing now?

[T.Stuart]

The fact that it recovered to almost $1000 WITHOUT the massive chinese support in about a month should really say something about bitcoin's growth and stability though.  China made up a huge portion of the bitcoin population/ecosystem and was largely responsible for bitcoin's explosive growth in November, but now we see that the void is getting filled up at a good pace and will continue to expand worldwide.

What the fk are ya talking about boy!?

65% of current Bitcoin trades are done in CNY.

How much skin do you have in the game anyhow? 05 BTC?

Misinformation comments like this contribute to people losing money.

MatTheCat if you have money to buy get ready now. Things will go back up quicker than you think! You know you tend to be a bit too negative at times? Well watch out!

[MatTheCat]

MatTheCat if you have money to buy get ready now. Things will go back up quicker than you think! You know you tend to be a bit too negative at times? Well watch out!

OPEN ORDERS
Order type   Date and time   BTC amount   Bitcoin price   Order value   Order status   
Buy   Jan. 7, 2014, 2:14 p.m.   5.00000000   $660.00   $3,300.00   Open   Cancel
Buy   Jan. 7, 2014, 7:33 p.m.   5.00000000   $650.00   $3,250.00   Open   Cancel
Buy   Jan. 7, 2014, 7:33 p.m.   5.50000000   $640.00   $3,520.00   Open   Cancel
Buy   Jan. 7, 2014, 7:33 p.m.   6.00000000   $630.00   $3,780.00   Open   Cancel

How negative is that 4 ya?

Last time I posted one of these in here it was for between $400 - $500 on Bitstamp. Everyone laughed at me and a few people reasoned that my bets were placed wildly low, so I raised the bar to $500 - $600. Bitcoin slumped to $380, so this time, I am going to stick to my guns and if I miss out, then I miss out....at least I won't lose money. I fkn hate losing money.

[ElectricMucus]

Ay yi yi.  I am beginning to think this is all just a grand conspiracy to screw with me.

It's all true.

[T.Stuart]

Ay yi yi.  I am beginning to think this is all just a grand conspiracy to screw with me.

It's all true.

LOL! How I thought that at the beginning! 

[EvilDave]

"Buy on red, sell on green"

--Confucius (i think)

It sounds counter-intuitive at first, but it does make sense. 
For short-term profit: buy when prices are dropping, sell when they're rising.

For long term....just buy and forget. Come back in a year or two.
Don't spend any time at all monitoring the markets, unless you like to be stressed every time Bitcoin catches a cold.

[glendall]

Buying at all time high of anything is pretty dumb.

But you could have done much worse.

All you simply have to do is wait, it'll go up in price.  

It's not so much that bitcoin is so awesome (although it is) it is more than fiat imaginary money loses its value so quickly that anything that doesn't, appears to be booming in comparison.

[JimboToronto]

Good job! We need more suckers like you to keep the price up.

Suckers like him? 

He didn't sell. He hasn't lost anything yet.

It's those who sell for less than they paid who are the suckers.

[600watt]

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Now it appears to be crashing again.

Ay yi yi.  I am beginning to think this is all just a grand conspiracy to screw with me.

i bought near the top of the june 2011 bubble. it went down so far and anyone thought it was dead, i started to think it was a scam and erased everything and forgot all about it. (i had my btc at a mtgox account that got hacked) and felt sooooo stupid that i burnt almost 3000 dollars. i had to wait more than 1.5 years to break even. now those 100 coins are worth 78 k (stamp).

to pay less than $30,- seems so cheap now, but was so expensive for 1.5 years.

same with $ 1000,-
relax, you did your best investment in life. short term you timing sucked, but long term it makes no big difference. 

[kkaspar]

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Then it immediately crashed.

Then it creeped back up to almost what I paid for it...

Now it appears to be crashing again.

Ay yi yi.  I am beginning to think this is all just a grand conspiracy to screw with me.

Hey, don't worry.. hold on to those coins, because I think that bitcoin still has 1 or 2 bubbles and crashes before people start to relize that the bitcoin market is a scam