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Author Topic: I bought bitcoin at $20k last year  (Read 5443 times)
Tasiril
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August 28, 2018, 06:45:00 PM
 #261

This is the time, that you shouldn't regret. The best thing that you can do is make good understand about theory that control the market, the technology behind this market, and news about bitcoin etc. With above failure we have to get a big lesson for whole life. after that you will be able to get decision right time. we can start trading with those experience.
in upcoming months you will be able to recover your loses by trading, and when markets reach next high you will be able to get a lot profit.

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Saldom12
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August 28, 2018, 06:50:23 PM
 #262

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
Take it easy you don't have to regret it. If you still believe in bitcoin, you just have to wait for your bitcoin again, the earth is spinning surely bitcoin will rise again and bring you profits.
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August 28, 2018, 06:54:40 PM
 #263

Well there's nothing you could do anymore learn from your mistakes. all you could do is wait and try to get back your money or cut the losses
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August 28, 2018, 06:57:51 PM
 #264

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

Here is something I can suggest you: Do not sell.
Think about it, you will never lose if you never sell at lower price than when you buy.
Just keep buying and holding. You will be happy at the end.
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August 28, 2018, 07:13:43 PM
 #265

Be patient and hold it. because you definitely don't want to lose the money you invested. So be patient waiting for bitcoin to rise again. because surely bitcoin will increase in the future. You must believe that the possibility of bitcoin will be more potential in the future.
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August 28, 2018, 08:50:46 PM
 #266

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
Losing 4.5BTC in a Ponzi scheme is a mistake but buying Bitcoin at $20,000 is not because even if it s only $6,000 today it can recover more than $20,000 in a long run. Your 4.5 BTC will never come back but the price of Bitcoin will always recover and can even multiply.
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August 28, 2018, 09:10:17 PM
 #267

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 I were you, I would not sell my Bitcoin now. It is not a loss until you sell, Bitcoin will get back to $20k next year, so if you do not need the money, just hold and wait.
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August 28, 2018, 09:36:40 PM
Last edit: August 30, 2018, 09:31:32 AM by Delinquency
 #268

I've  been investing bitcoin since 2016. As you see i have not long history about that. But one of most important things is that: Never buy from high prices. Actually no matter what currency is, i'll never buy if it has rised over 20 percent. I see it's too risky. Bitcoin price rised 10 times in a couple of months. I don't understand how you dare to buy from that price. Anyway sh.t happens. Accept this as a very expensive lesson.
 
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August 28, 2018, 09:49:40 PM
 #269

I might want to call the consideration of the individuals who effectively said to continue holding your Bitcoin and don't be a frail turns in which you have no place in this speculations on the off chance that you will effortlessly to freeze in light of the fact that Bitcoin cost will wind up costly again in a matter of seconds. For me they are anything but difficult to state these words since they never encounter on the best way to free an enormous sum as you did on the grounds that in all actuality, it is extremely hard to hold and choose on the off chance that you have much ventures that they don't have.
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August 28, 2018, 09:51:08 PM
 #270

That's a pity and sorry for that, cryptocurrency investment is very risk and people needs to understand the risk on it before investing.
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August 28, 2018, 09:58:25 PM
 #271

That's a pity and sorry for that, cryptocurrency investment is very risk and people needs to understand the risk on it before investing.
If you bought bitcoin at that high price, do not sell it today because you will have a big loss. Be patient today and wait until bitcoin meets that price again.

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Romeoetin (OP)
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August 28, 2018, 10:39:06 PM
 #272

That's a pity and sorry for that, cryptocurrency investment is very risk and people needs to understand the risk on it before investing.
yeah sure. I fully understood the risks before i invested in it. But i never expected it to be so much of a risk.
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August 28, 2018, 11:02:08 PM
 #273

If I was you, I would wait, because I can guarantee that BTCs cost will go up again. The thing is, we don´t know when and there is no way to predict this because it is just a unpredictable mountain that mainly predicts on luck. One thing I see strange is that you but the BTC for such a high price, I would´ve waited to see if it was going down and then buy it. But ok, I think/hope BTCs price will go up more than 20k and you will profit, well... not only you!  Wink Smiley

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August 28, 2018, 11:53:53 PM
 #274

It's really so frustrating to see how your investment cut to more than half of its value when bitcoin has fallen down since that historic price of bitcoin last year. For those who have bought it at ATH price, just don't lose hope because bitcoin has not reached its highest market price yet as crypto gurus predicted to have a high market price of bitcoin in the next decade.

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August 28, 2018, 11:56:49 PM
 #275

That's a pity and sorry for that, cryptocurrency investment is very risk and people needs to understand the risk on it before investing.
yeah sure. I fully understood the risks before i invested in it. But i never expected it to be so much of a risk.
You can see that at the present time after touching the $ 7000 mark, the bitcoin price immediately fell back, so it's not that the bitcoin price is going to be volatile and difficult to predict at the moment so I think It is not recommended to invest long term at this time. The market is still bearish and going back to the 20k mark is unlikely.
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August 28, 2018, 11:59:27 PM
 #276

Of course regret always appears later. You must have known that could happen to anyone. And I also experienced that. We only need to wait for new ATH.
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August 29, 2018, 12:05:35 AM
 #277

i am sad if i was you, if i was you i think i will withdraw my bitcoin and try to investing in altcoin and other cryptocurrencies to fix the problem and get some profit from that action, but if you believe in bitocin you can try to hold your bitcoin

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August 29, 2018, 12:16:52 AM
 #278

That's a pity and sorry for that, cryptocurrency investment is very risk and people needs to understand the risk on it before investing.
yeah sure. I fully understood the risks before i invested in it. But i never expected it to be so much of a risk.
That's why it is better to do a lot of research first before investing in crypto currencies because of the risk in this industry and the best thing you can do for now is hodl your Bitcoins for a long period of time until it becomes profitable for you. And one more reminder, It is better to invest only the money you afford to lose rather than investing everything in this speculative digital world. Smiley

You can see that at the present time after touching the $ 7000 mark, the bitcoin price immediately fell back, so it's not that the bitcoin price is going to be volatile and difficult to predict at the moment so I think It is not recommended to invest long term at this time. The market is still bearish and going back to the 20k mark is unlikely.
Correct bro, long-term investment is the key in here if he bought at that freaking high price and be patient at all times and also stop looking at the coin market capitalization or else he'll end up frustrated and worst is dumping the Bitcoin that he is hodling. From what I see, I think the new bottom in here is ranging from $5,500 US dollars to $6,000 US dollars and it looks pretty stable at this point in time but who knows what will happen the following months lol. Grin
Alex_Kidd
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August 29, 2018, 12:19:28 AM
 #279

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
What can I say? I hope you leaned the lesson since you made a double mistake. But this is the way you make experience, losing money.
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August 29, 2018, 12:42:00 AM
 #280

Sorry for your huge loss. I think the best way to optimize your lose is to hold your coin for 2019. May be you will get a better result. Treading is a good option but you have needed a huge knowledge for that.
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