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Author Topic: I bought bitcoin at $20k last year  (Read 5443 times)
crossabdd
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August 23, 2018, 04:01:34 AM
 #141

everyone will regret that action, because of an error when buying. but if you sell your Bitcoin now, it will get worse. because I believe, when prices rise again. you will cry more. keep calm, if there is no real activity, learn to trade. it will get better. and add to your bitcoin.
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Ridwan Fauzi
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August 23, 2018, 04:13:41 AM
 #142

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
The risk that must be faced for all bitcoin investors is like that. Ponzi scheme, hackers and bitcoin price movements, but for the movement of bitcoin prices you can overcome this by choosing a strategy. You will not get a big loss if you do not choose a long term investment strategy, if you choose a short term investment you can sell bitcoin when you are at a price of $ 19,000 or $ 18,000 and buy back when the price is low again. This starter is of course you have to understand and predict where the price of bitcoin is going. Actually, for the long term as you choose, there is still hope to get your lost money back, you just have to wait for the price to recover even if you wait a little longer.
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August 23, 2018, 04:20:04 AM
 #143

First, we must all thank you for sharing your experience. It is very important to know how dangerous investing is. Imagine if it were your last money. I hope you have something left. We are all well aware of the risks. Virtual money is not stable. The market is very shaky. The only thing you did wrong was to jump on it when it was very high. I understand your move actually. You were expecting Bitcoin to continue its ascension. Now, we have the opportunity to have a low-valued bitcoin. It is the best time to buy and wait. Now you still can buy some and wait to profit.
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August 23, 2018, 04:27:45 AM
 #144

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 got a wrong move with that mate, dont disappointing your self, because no one knows what will happen next last year. and all of us investors are celebrating a skyrocketing of bitcoin then, and now it is getting more than 80% drops from its all time price high. i also got lost in my assets, and ofcourse it hurts me hard, but i have no choice but to continue holding my coins until it back to normal.
Renai0925
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August 23, 2018, 04:32:18 AM
 #145

It is regrettable that you bought bitcoin at its all time high but that is just part of the trade. It's really not advisable to buy in when it is bullish unless you're into trading. But who knows what can happen in the coming months. Let us just hope for the best on things that we can't control.

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August 23, 2018, 04:35:49 AM
 #146

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 think you have trapped the whale. The whale pumps Bitcoin's prices high to manipulate and many traders have trapped it.
I think you should keep it until Bitcoin's price is $ 8k. Sell it and make new deals to make money.

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Erga Di Kenesis Lascrea
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August 23, 2018, 04:40:01 AM
 #147

What? Losing 4.5 BTC sorry for that. But don't regret your action. Indeed bitcoin price today isn't good but what will happen tomorrow? Keep trust, Learning and Trying. Smiley
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August 23, 2018, 04:47:24 AM
 #148

I am also on same boat, also bought ETH at high costs. Just waiting for market to recover.
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August 23, 2018, 04:49:45 AM
 #149

I suggest you tou calm down and wait. But you have to consider two times from here now. You can get some Bitcoin more with altcoins or you can only wait with BTC. On way or another it will be rise up again.
sorokinan
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August 23, 2018, 04:53:05 AM
 #150

Many of my friends invested when bitcoin was at its peak. Now all of them are in huge loss.
denzkilim
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August 23, 2018, 04:54:57 AM
 #151

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
it looks like you have a lot of losses, and I think you need to hold it for a long time until it reaches the price of 20k.
That's the best thing he can do for now is to hodl it for a longer period of time or until Bitcoin reaches his desired price. This is the reason why investors should acquire a lot of knowledge before investing, there are a lot of investors out there that are fueled and hyped by their greed and majority of the time they end up frustrated and losing a lot of money from the foolish actions that they are doing. I heard and read a lot of stories like this one and I think these people learned their lessons in a hard way but effective anyway. Grin

Sometimes too much greed and expectations end up to frustrations but I don't blame the OP if he invested at that price because we all have a different way of thinking, point of view and decisions.  Cool
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August 23, 2018, 04:59:21 AM
 #152

in fact, I also bought at that price and I was very worried about seeing the market trend but now I am sure it will go beyond that price.

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August 23, 2018, 04:59:33 AM
 #153

you buy bitcoin at the end of the year at a price of $ 20k and now the price of bitcoin falls until the price is very cheap around $ 6k if you sell the assets you have at the current price you will only get a loss, you better hold back until the price returns .
Ruffian1314
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August 23, 2018, 05:02:19 AM
 #154

My advise is to hodl your bitcoins until it reaches again its ATH price or until it surpass its ATH so you wont regret buying at $20k price. Maybe its not your time yet to gain profits but stay put and believe in bitcoin because it has shown already its potential in the crypto market.
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August 23, 2018, 05:03:37 AM
 #155

Last year Bitcoin price is going to high. Many people buy Bitcoin at 20k$ but now price going down many investor loss their money. Now everyone hope that end of this year Bitcoin again high
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August 23, 2018, 05:04:02 AM
 #156

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 your money will be back, i hope miracle will come to you. I ever been join ponzi site also. Its a little make me broken heart because  my money lost. Experience is the best teacher. Maybe you re rich man, have 4.5 bitcoin.. hmm

Flor1982
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August 23, 2018, 05:05:14 AM
 #157

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 would like to call the attention of those who easily said to keep on holding your Bitcoin and don't be a weak hands in which you have no place in this investments if you will easily to panic because Bitcoin price will become expensive again in no time. For me they are easy to say these words because they never experience on how to loose a huge amount like you did because the truth is, it is very tough to hold and decide if you have much investments that they don't have.
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August 23, 2018, 05:09:43 AM
 #158

I think you are too panicked to quickly buy it. you should look at market conditions and multiply references before deciding to buy
mornabo
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August 23, 2018, 05:16:54 AM
 #159

you buy bitcoin at the end of the year at a price of $ 20k and now the price of bitcoin falls until the price is very cheap around $ 6k if you sell the assets you have at the current price you will only get a loss, you better hold back until the price returns .
I also experienced the same thing as you, I was very sad because I was too greedy by waiting too long and not taking that opportunity, instead I thought prices would continue to rise, even the price was decreasing, it was too late to do cutlose dude, all you have to do is holding it, it is the best choice
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August 23, 2018, 05:37:57 AM
 #160

you buy bitcoin at the end of the year at a price of $ 20k and now the price of bitcoin falls until the price is very cheap around $ 6k if you sell the assets you have at the current price you will only get a loss, you better hold back until the price returns .
I also experienced the same thing as you, I was very sad because I was too greedy by waiting too long and not taking that opportunity, instead I thought prices would continue to rise, even the price was decreasing, it was too late to do cutlose dude, all you have to do is holding it, it is the best choice


I don't know what have you thinking when you invested in ponzi scheme, why don't you share more informations about them, why don't you wrote their name, site informations, names of owners if you know. With that you can help others to not fall in same trap.
Who ever bought on top should be prepared on waiting, don't cut loses, don't sell for anything, store them in a safe wallet and keep them for a while, like couple years more or less. Don't sell when price cone back to 20k dollars, it can grow more than that so keep your bitcoins that you bought and wait for that rise. You already know what is regret so don't come in situation to regret again and feel that one more time, don't make wrong decisions one time.

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