i put almost all my money and lost a lot

[ATScuba]

Investing is not for everyone - I am in the mining game and it is challenging to keep eyes on the ball (that BTC is an investment) - keep running the numbers and it gets scary when the bottom seems to be dropping out.

I like the idea of changing the chart out to 6 months and looking at where it's been though

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[Revelations86]

Price is already going back up.  The litmus test of whether you've invested too much is if you panic when price drops.  Invest only what you're willing to lose and stick with it the whole way through or until your exit strategy kicks in. I hate to say it but this is a game of people making logical trading decisions outsmarting people making emotional based decisions who end up losing out much like the stock market. 

[Rampion]

There is no future.

How is it possible that you see in the future, and yet you're losing money in the markets?

bingo.

the naysayers were whining the same thing when they bought @ 265 followed by the crash to 50.  if you held though, you'd have made a fortune.  same from 32 to 1.98.

this time will be no different.

Imagine how stupid has to be a person  to invest a significant amount of money in BTC without realizing what you just wrote. They didn't even bother to study what happened in the past, which would prepare them to BTC 's extreme volatility.

People like the OP are those buying high and selling low, and then crying in a couple of years while asking to themselves why they sold an asset that has grown by more than 1000% every years since it's creation, despite of negligible dips on the way up.

I guess traders need this kind of people, from them they take their profits.

[gambit1]

True but its still sad.

[hilariousandco]

These type of people are just looking for a get rich quick scheme, and panic when the price stagnates or falls. They don't care about it as a currency or a revolutionary concept or what happens to it in the long run, but just want to earn a load of easy money in the short term.

[yatsey87]

If the price dips just hold it until it rises, then sell if you want to get out. Investing in anything is always a risk, and btc is no different.

[giveBTCpls]

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...

ahh always when someone mention  price from year ago I am getting into dreams that in 2015 it is going to be
30000$

Not gonna happen. The only way to get rich was to get early enough back in the day, we missed the train so we are headed into a life of missery and in general not being a millonaire. The only future millonaires off bitcoin now will be already rich people that can enter into the market hard enough at current prices. There isn't going to be a similar bubble again in our lifetimes. I wonder where all these "bitcoin could reach 1 million" people will hide when they realize that's nonsense.
Btw, no one cares about Bitcoin as a cryptocurrency, only a minority do care. I hope it's a success, but i've never seen anyone in real life that knew what Bitcoin is. The only people that care when I explained it to them were other nerds. So yeah, we have 1% nerds which care about it as technology, and 99% speculators that dont know shit about technology. I've heard more "normal people" talk about Dogecoin than Bitcoin, which shows in the number of transactions Dogecoin already being the world's first.

[gambit1]

Thats because its really, really new mate.

[yatsey87]

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...

ahh always when someone mention  price from year ago I am getting into dreams that in 2015 it is going to be
30000$

Not gonna happen. The only way to get rich was to get early enough back in the day, we missed the train so we are headed into a life of missery and in general not being a millonaire. The only future millonaires off bitcoin now will be already rich people that can enter into the market hard enough at current prices. There isn't going to be a similar bubble again in our lifetimes. I wonder where all these "bitcoin could reach 1 million" people will hide when they realize that's nonsense.
Btw, no one cares about Bitcoin as a cryptocurrency, only a minority do care. I hope it's a success, but i've never seen anyone in real life that knew what Bitcoin is. The only people that care when I explained it to them were other nerds. So yeah, we have 1% nerds which care about it as technology, and 99% speculators that dont know shit about technology. I've heard more "normal people" talk about Dogecoin than Bitcoin, which shows in the number of transactions Dogecoin already being the world's first.

You might make a bit if you get in now and hold out until full mainstream adoption, then you'd probably be pretty rich, but will that time ever come? Who knows.

[bitpop]

.

[apsvinet]

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.

If you expect to invest in something and get a huge profit straight away, you're going to have a bad time.

[roslinpl]

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.

If you expect to invest in something and get a huge profit straight away, you're going to have a bad time.

If you threat bitcoin like an investitment not as cryptocurrency you might have bad time at all.

Because to do so you need to be patient.
And do not panic when price is droping.

[gentlemand]

If it's ever to go relatively mainstream then the price must rise by orders of magnitude for it to be usable by a significant number of people.

The last few months have been an amazing time to buy in. 12-18 months ago it still would've seemed like it could die at any moment. Fast forward to today and it's being backed by some serious investment, probably tens of thousands of extremely clever people and it's being discussed at the highest levels.

Despite all this, very few people in the world have any or truly understand what it is yet. That's a dreamlike combination for future growth but it will take a few years yet.

[yatsey87]

If it's ever to go relatively mainstream then the price must rise by orders of magnitude for it to be usable by a significant number of people.

Despite all this, very few people in the world have any or truly understand what it is yet. That's a dreamlike combination for future growth but it will take a few years yet.

That's why it's still a decent investment regardless of current price.

[roslinpl]

If it's ever to go relatively mainstream then the price must rise by orders of magnitude for it to be usable by a significant number of people.

The last few months have been an amazing time to buy in. 12-18 months ago it still would've seemed like it could die at any moment. Fast forward to today and it's being backed by some serious investment, probably tens of thousands of extremely clever people and it's being discussed at the highest levels.

Despite all this, very few people in the world have any or truly understand what it is yet. That's a dreamlike combination for future growth but it will take a few years yet.

True indeed. Bitcoin and whole crypto market is just a baby yet.  We need a lot of time to grow up this kid.

[bitpop]

This is like Amazon in 1996

[roslinpl]

This is like Amazon in 1996

Yes it is.

And I remember that it was like skyrocket - and after big bang, suddenly 40% drop of prices
I hope Bitcoin would go better than amazon 1996.

[stompix]

Every time there is a tiny crash , some people appear out of nowhere and claim they have lost everything because of the crash , savings, wife , job , dog .
Surprisingly enough , none of them come before and said it > "I've invested all my money in BTC".


Also , seems like you lost also 90% of your posts.
https://bitcointalk.org/index.php?action=profile;u=215377

Were they all in giveaways threads?

[roslinpl]

Every time there is a tiny crash , some people appear out of nowhere and claim they have lost everything because of the crash , savings, wife , job , dog .
Surprisingly enough , none of them come before and said it > "I've invested all my money in BTC".

Hehe so true! But this is normal.
Just get use to it.

We have here maaany new traders and they dont have any experience at exchange markets, but they invest money and they think that now they are going to be rich.

And when -10% comes they do panic a lot.
What we can see here @ forum.

Since 2 days while BTC price is quite dropping I read about hundred posts from panic members.
Makes me laught a lot

[thecoinjournal]

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.

Bro, you are gonna regret in a few days.