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Author Topic: I bought all my bitcoin over $1,000  (Read 6126 times)
drgyoza
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January 08, 2014, 12:49:14 AM
 #41

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.  

Totally true

I hesitated to invest in 2012 - it was at 9 dollars when I first heard of bitcoin. After the Cyprus bubble I was still thinking, I thought it was going to drop to a very low price, I didn't realized the power of bitcoin then. After a few month reading I finally went into it and started mining bitcoins. During the last november/december phase I had some spare dollars that I judged better to place into bitcoins. I bought at 990. No problem with that  Smiley It reached that price two times since, and will reach twice that price maybe a few times
Lloydie
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January 08, 2014, 04:29:01 AM
 #42

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.


See this site: www.bitcoinpulse.com

Wallet growth rate is 29.91% per MONTH. You have nothing to worry about.

When Btc user base increases from 1 million to 10 million, we would only be scratching the surface.

To get to 1% of the population requires a user base of 70 million.

That's why so many people recommend a buy and forget strategy for 6 to 12 months.

viboracecata
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January 08, 2014, 04:57:55 AM
 #43

Crash is not proper for the price trend, if you see the price go down from $37 to $1, you will not say all these trends recently are crashing.

iBuilding A Better Interneti
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You Can See Me Now, Hi :}
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semaforo
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January 08, 2014, 06:20:34 AM
 #44

   Just keep reading about bitcoin. The more you understand it, the less worried you will be.
600watt
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January 08, 2014, 11:10:21 AM
 #45

   Just keep reading about bitcoin. The more you understand it, the less worried you will be.

true.
BitchicksHusband
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January 08, 2014, 06:42:42 PM
 #46

We averaged around $120 at first and we were upside down all summer.  We're fine now.  Just continue to hold.

1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
ThatDGuy
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January 08, 2014, 09:22:33 PM
 #47

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.


If you believe in BTC, best thing to do is just buy and put it somewhere you can't touch it.  You start to worry about what happens day to day and week to week less.

I did what you did for a while after buying in the $200s on the way up to $266 back in April.

Now I don't have to ride that rollercoaster you mentioned anymore!
zachcope
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January 08, 2014, 10:19:00 PM
 #48

Forget about the short term.
Think about the hyper long term, say March or April 2014.
 Grin

xephyr
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January 08, 2014, 10:26:40 PM
 #49

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.


If you think litecoin is undervalued at present consider using half your bitcoin to buy litecoin. Never hurts to diversify.
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