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Author Topic: I bought bitcoin at $20k last year  (Read 5443 times)
Fred3030
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August 22, 2018, 06:25:18 PM
 #101

Too painful to buy the top. One of the most important rule in crypto is never to buy the top no matter the fomo effect of that coin. Learn to know a good entry point for any coin. Nonetheless, bitcoin will rise back to a new all time high but the question is when. Sorry for your loss.

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August 22, 2018, 06:30:45 PM
 #102

I got into the bitcoin again last year after losing all my 4.5 bitcoins to ponzi schemes early last year. I bought in bitcoin again at $20k. Now bitcoin is $6k+.  I'm regretting my actions.  Huh

If what you say is truth, i personally recommend you to hold.

By holding you won't allow your emotions to get in the way of your decisions and you will avoid doing something that will make you lose a lot of money again. Wait until it pass that price and they decide what to do, thinking about it for at least a week. Again, i recommend that you continue holding.

Meanwhile you could educate yourself to try to understand this world a bit better. This is a website with good resources for you to explore and learn: https://99bitcoins.com
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August 22, 2018, 06:38:01 PM
 #103

Peak value of bitcoin didn't touched that 20k USD anytime then how you have invested your fund on that level cost mate. Please ask your query in legit way op.
However if you want to find the bitcoin price to be settled in good value. Then you will be go to do the selling works and etc mate. I see none doing it here.
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August 22, 2018, 06:38:21 PM
 #104

I think you toughs good lesson. You should more careful and alert.Bitcoin never  regretting any one. Before investment you need to achieve some experience and knowledge. I think you all ready achieve this now start again and become successful.

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August 22, 2018, 07:06:26 PM
 #105

I got into the bitcoin again last year after losing all my 4.5 bitcoins to ponzi schemes early last year. I bought in bitcoin again at $20k. Now bitcoin is $6k+.  I'm regretting my actions.  Huh
You are definitely unlucky!!! I'm sorry about your budget.  But on the other hand, you have gained a very important and valuable experience.




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bellamente
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August 22, 2018, 07:10:53 PM
 #106

Note that high-yield investments always carry great risks. Bitcoin is no exception.

You want to earn, but someone earns you! Analyze the market and make the right decisions

makadaka
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August 22, 2018, 07:13:42 PM
 #107

very sad story and unfortunately such as you are the author of a lot of investors

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August 22, 2018, 07:17:51 PM
 #108

I can't imagine that it must be very painful. if you are going to invest please next time pay attention to the investment scheme and workflow. Don't be consumed by big profits.
The bitcoin you buy at a price of $ 20k should be held only.

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August 22, 2018, 07:19:22 PM
 #109

Patience is virtue, as its value reached 20k  and droped to 6k doesnt mean that it will stay forever at 6k. That means that many people are selling their BTCs and its value dropped.
allthebitandbobs
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August 22, 2018, 07:35:47 PM
 #110

ouch bought at 20k can t see it hitting that anythime soon.What i owuld do is convert whatever bitcoin u have left to alts and hope one goes 100x 1000x to make some money

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Dilerium90
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August 22, 2018, 07:39:27 PM
 #111

I got into the bitcoin again last year after losing all my 4.5 bitcoins to ponzi schemes early last year. I bought in bitcoin again at $20k. Now bitcoin is $6k+.  I'm regretting my actions.  Huh
I do not know if you should be encouraged, but with your loss, you can learn many instructive lessons. First you can understand that it is better to study the market and get acquainted with technical analysis, that not to buy at the top. Secondly, you need to diversify the risks and never invest a lot of money in one project, even if it seems very profitable.

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August 22, 2018, 07:43:27 PM
 #112

I got into the bitcoin again last year after losing all my 4.5 bitcoins to ponzi schemes early last year. I bought in bitcoin again at $20k. Now bitcoin is $6k+.  I'm regretting my actions.  Huh

I hope for you that it wasn´t all your money you had and that it was really Bitcoin and not some altcoin.IUf you didn´t sold allready just hold  it for longer time.We all have some bad expirience at something that we did at first time and i hope you have learned your lesson
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August 22, 2018, 07:58:26 PM
 #113

I also bought bitcoin at 20 thousand dollars hoping it will grow the more,but now it at range of 6thousand dollars, its saddens my mind everyday I recall that incidents, but am very hopeful it will get higher..
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August 22, 2018, 08:25:56 PM
 #114

I think the author of this topic don't need to worry and no need to sell yourself in the negative. Bitcoin is sure to return to the cost of$20,000. The one who is patient is the one who is rich. Wink
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August 22, 2018, 08:41:31 PM
 #115

Take heart their, you entered at the peak moment but do not give up your window will soon unlock before you.
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August 22, 2018, 09:13:00 PM
 #116

I got into the bitcoin again last year after losing all my 4.5 bitcoins to ponzi schemes early last year. I bought in bitcoin again at $20k. Now bitcoin is $6k+.  I'm regretting my actions.  Huh
This just make a great lesson not for you but also for the community to make a research and study before you invest your money into something. I'm hoping that you will get back what you have loss.

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August 22, 2018, 09:24:58 PM
 #117

Sorry for the lost of bitcoin to Ponzi,  but I think it is time you learn for your experience. You have to research  about  anything you want to go into, no matter  how juicy it is or you hear people sweet  talk about it. Always  do your research.
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August 22, 2018, 09:43:29 PM
 #118

I got into the bitcoin again last year after losing all my 4.5 bitcoins to ponzi schemes early last year. I bought in bitcoin again at $20k. Now bitcoin is $6k+.  I'm regretting my actions.  Huh
Large investors are investing their funds with the potential for decades to come. Do not worry about such a temporary drop in the rate, it is better to increase your Deposit, while the best prices for bitcoin and other currencies.

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August 22, 2018, 09:47:30 PM
 #119

Yes, that's business for you and anything  can happen but there is one thing I'm assuring you for if only you hold the coins and have more patience with yourself  you shall see the double of that money
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August 22, 2018, 10:07:48 PM
 #120

I got into the bitcoin again last year after losing all my 4.5 bitcoins to ponzi schemes early last year. I bought in bitcoin again at $20k. Now bitcoin is $6k+.  I'm regretting my actions.  Huh


As friendly adviced my friend,  coz we all know you bought $20k... its very expensive... you buy bitcoin in a wrong timing. But don't be discourages just hold your bitcoin no matter how long you wait this year because the bear months is coming. I don't know the month date of price recovery but my insight this year the price  crashed to the highest speed level. So don't be sad just ready to wear your buckle for the price movement.

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