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Author Topic: I bought bitcoin at $20k last year  (Read 5443 times)
goku19
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August 29, 2018, 06:33:23 AM
 #301

I feel for you bro but you made a big mistake buying at that price...there were several warning even theymos posted a thread where is warned not to buy bitcoins at that price and surely it is gonna fall sharply..if you have listened to the experienced ones around the forum that would not have happened
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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djcounter
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August 29, 2018, 06:45:20 AM
 #302

Any time by good investment in good ICO project, you will back your money. But be careful. The market is not a game.
Gypat
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August 29, 2018, 06:50:37 AM
 #303

It is quite pathetic to hear but I think Btc still has a future despite the dip. It was not expected to see btc go that high last year and so no one can actually tell if it will go even higher above 20k. I think you can only hodl for now.
Ava Duvall
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August 29, 2018, 07:16:15 AM
 #304

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.
I agree. to sell wait for the bull market! next time buy at a lower price
Linh841
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August 29, 2018, 07:18:39 AM
 #305

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 $6k+.  I'm regretting my actions.  Huh
Sorry to here that but wait to BTC go to 20k$ again is so long and no one know what time it can reach that.
tamradhwaj
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August 29, 2018, 07:33:24 AM
 #306

2017's  crypto rally was just a bubble. In which everybody thought that bitcoin was being bought by thinking that it would go higher than this level. Bitcoin went on to increase but when people began to book profits, people got trapped after purchasing at the top level. He came to earn good profits in the short cut but remained a long term investor.
Firma94
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August 29, 2018, 07:34:33 AM
 #307

I am also concerned about what happened to you, considering that the world of trading is very confusing. I've also been in the same boat as you, but the investment I did was not so great, so I didn't lose much
cryptoaro
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August 29, 2018, 07:45:30 AM
 #308

There is nothing to do now. I think that there is no results invest for bitcoin. think before invest wisely.      according to coin market cap we must invest some tokens or coins when ico price. then we can get more profit after sometime holding.
inesterdd
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August 29, 2018, 07:47:47 AM
 #309

This is a cyclical system. If you lose, then definitely someone won! If you are not in a hurry, you can forget bitcoins for several years. By 2020, John McAfee promises $ 1000000 for bitcoin!  Grin
lovefr228
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August 29, 2018, 07:51:41 AM
 #310

Now you have to chance to create your own world lol.
Klongkhunosi
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August 29, 2018, 07:53:02 AM
 #311

Many investors have the same experience as you. I am one of them. I bought ETH for $1000, and it is now priced at $280.
emmybd
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August 29, 2018, 08:21:48 AM
 #312

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

Well, it wasn't the best decision to buy bitcoin at $20k, as bitcoin had reached its peak at that time. Now, the best thing for you would be to hold it for long-term. May be a year or two, i am sure that bitcoin would cross $20k again some time in near future.

alex3.alex03
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August 29, 2018, 08:35:39 AM
 #313

Just do not sell your bitcoins. They will grow, but not in the near future. Invest in bitcoin is best in the long term.
asradoni
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August 29, 2018, 08:47:02 AM
 #314

Just do not sell your bitcoins. They will grow, but not in the near future. Invest in bitcoin is best in the long term.
This is true, in the coming years the bitcoin price will beat its records. So that those who bought it in winter it is better to hold it. There is no point in going into negative profits.
Experia
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August 29, 2018, 08:59:27 AM
 #315

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 best thing that you must do for now is to hold it until the price reach your desire amount it will take time but you wont lose a huge amount of your investment. you should be patience.
tiktak89
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August 29, 2018, 09:19:57 AM
 #316

You shouldn't blame yourself. You didn't know how the price would behave. So just have patience and wait for the price to rise above your $ 20,000.

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Eadefemi
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August 29, 2018, 09:25:01 AM
 #317

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 feel for you. However, yiu probably didnt heed the very obvious signs all around. I warned all around me of an impending correction. If you don't have the mind for a loss, just take your eyes and mind away from that investment until the next bull run. Hopefully soon

Cheers
jonsky05
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August 29, 2018, 09:31:42 AM
 #318

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
Don't blame your self because of you buy in high price and didn't know that bitcoin will go down in 6k price. It's not your fault and you don't have anything to do but to hold it until we see bitcoin in high price again.

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drukoz2
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August 29, 2018, 09:35:24 AM
 #319

I understand your resentment, but no one can predict the rise and fall of prices, so aim your attention for the long term. You will get your benefit, it just will not happen soon.
rtm125
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August 29, 2018, 09:41:07 AM
 #320

Not a very advantageous situation of course, but nothing terrible happened, believe me. This is a temporary drop and soon the price will rise and will definitely overcome the $ 20,000 mark. Not to worry.

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