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Author Topic: i put almost all my money and lost a lot  (Read 8606 times)
roslinpl
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February 07, 2014, 05:10:18 PM
 #21

do not do my error, go away until you can, this is a gigantic bubble, in few years people will laugh at "that bitcoin bubble of 2013-2014" and books will write on it. There is no future.

I guess in few years you would cry that you believe yourself.

Bitcoin is a future!
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Paashaas
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February 07, 2014, 05:16:12 PM
 #22

Is it so hard to learn that you need to HODL youre coins?
cypherdoc
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February 07, 2014, 05:34:47 PM
 #23

the OP is just reflective of what we've seen many times over the last few years.

a FUD poster who comes in here and states something inflammatory in the OP and then can't back anything up in following posts.
Bitware
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February 07, 2014, 05:40:15 PM
 #24

do not do my error, go away until you can, this is a gigantic bubble, in few years people will laugh at "that bitcoin bubble of 2013-2014" and books will write on it. There is no future.

Last year at this time, Bitcoins were worth $22 USD each.

Today, after the fall, $750...
roslinpl
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February 07, 2014, 05:42:20 PM
 #25

do not do my error, go away until you can, this is a gigantic bubble, in few years people will laugh at "that bitcoin bubble of 2013-2014" and books will write on it. There is no future.

Last year at this time, Bitcoins were worth $22 USD each.

Today, after the fall, $750...

Smiley ahh always when someone mention  price from year ago I am getting into dreams that in 2015 it is going to be
30000$ Smiley
BitWinner
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February 07, 2014, 05:44:40 PM
 #26

At the same time, if someone invests every asset they have in BTC and moans that the price down swings a little bit, it's simply the best sign that they shouldn't have invested everything.

Only invest what you can afford to lose.
rohnearner
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February 07, 2014, 07:35:55 PM
 #27

do not do my error, go away until you can, this is a gigantic bubble, in few years people will laugh at "that bitcoin bubble of 2013-2014" and books will write on it. There is no future.
Yeah you are right, because F**K LOGIC..! being pessimistic never gonna work for you..! this is no quick profit here in BTC, and BTC are not here to generate you any kind of profit , it is here to replace blood sucking fiat ..!

LiteCoinGuy
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February 07, 2014, 07:40:40 PM
 #28

please sell, need cheap coins!

myself111
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February 07, 2014, 07:56:26 PM
 #29

Cryptos are a risky investment. You are right. But the reward can be extraordinary.  Grin
Never play with money you can´t loose.
Wekkel
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February 07, 2014, 08:02:14 PM
 #30

Bitcoin and no HODL = sure loss

RodeoX
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February 07, 2014, 08:05:19 PM
 #31

Just to be clear. When you buy hi and sell low, it is not bitcoin that has failed.

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
DrBitcoin
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February 07, 2014, 08:09:27 PM
 #32

"You need to diversify yo' bonds, n---a!
-Wu Tang Financial

This is actually very sound advice. Never invest all your money in any one vehicle, and ESPECIALLY not something as unknown as Bitcoin.

Twitter's stock just tanked 25%. You would have been better off putting some in twitter, some in  Bitcoin, and the majority in Index funds or mutual funds.

Dr Bitcoin
TKeenan
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February 07, 2014, 08:16:26 PM
 #33

Thank you for the warning. But I put in a reasonable amount and made a fortune. So...
I put $20,000 when bitcoin was $17.  If I had the notice the OC provides today - I sure wouldn't have done that.  I was unaware this is all going to nothing.  Boy, do I regret my stupidity!!
BitcoinBobbeh
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February 07, 2014, 08:44:36 PM
 #34

Thank you for the warning. But I put in a reasonable amount and made a fortune. So...
I put $20,000 when bitcoin was $17.  If I had the notice the OC provides today - I sure wouldn't have done that.  I was unaware this is all going to nothing.  Boy, do I regret my stupidity!!

Hindsight is apparently 20/20 but your foresight is fucking ridiculous.

By the end of next month at the latest we will have permanently left behind 3 digits. You can quote me on this.
bitpop
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February 07, 2014, 09:54:29 PM
 #35

Your fault, you panic sold. Go learn some patience.

Tzakato
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February 07, 2014, 10:10:07 PM
 #36

I agree. As Douglas Adams said in The Hitchhiker's Guide to the Galaxy, DON'T PANIC!
As OP would say, don't do his error!
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February 07, 2014, 10:15:44 PM
 #37

I disagree.  Electronic currency is the future and will only get bigger and better.  Currently, with the uncertainty, it is simply an unstable/volatile investment.  I know two people who invested and almost doubled their money in a two week period just to lose it all and then some a week later just to gain it back and cash out making a few bucks after a couple more weeks.  The more time that passes, the more stable it will become.  Just don't fall into the same pitfalls investors in other mediums fall for.  Don't freak out and sell right away just to get out.  This is also known as buy high and selling low.  if you lost today, you could possible double tomorrow or in the coming days.

Chin up....
EvilPanda
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February 07, 2014, 10:41:48 PM
 #38

LOL you invested, waited until it drops to the bottom and sold?  Grin Either you invest and hold for at least 6 months and see what happens, or you invest and keep finger on the trigger to sell immediately on the first sight of crash.

bitpop
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February 07, 2014, 10:46:28 PM
Last edit: February 24, 2014, 04:52:58 PM by bitpop
 #39

.

BitWinner
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February 07, 2014, 10:58:24 PM
 #40

LOL you invested, waited until it drops to the bottom and sold?  Grin Either you invest and hold for at least 6 months and see what happens, or you invest and keep finger on the trigger to sell immediately on the first sight of crash.

Buying and selling at a loss is, most of the time, either due to the investor having panicked (sounds like it in this case!) or the investor having used money he couldn't lose and pulled out before potentially losing it all (again, sounds like our case).

Either way, I would've held.
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