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Author Topic: I bought bitcoin at $20k last year  (Read 5443 times)
Romeoetin (OP)
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August 30, 2018, 05:14:11 PM
 #341

For the one who has invested or bought when the price was around $20k, the only option that could help your retain at least the investment is holding. Very few has got the patience to keep hold as we don't know when will the price of bitcoin reach the $20k margin.

Yes i am holding and also trying my luck with swinging trades to see if i could increase my holdings. I do hope bitcoin gets to 20k again.
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dirisu2018
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August 30, 2018, 05:26:02 PM
 #342

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 on track my brother, you just need to be patient a little as all indicators and professional analyst have forecasted the price going up soon, those that are calling you names today will praise you for been dogged and having a large heart to go all out. Yow ill smile real soon.
MDIPANJAN
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August 30, 2018, 05:30:14 PM
 #343

The best thing which you can do now is to hold onto your holdings and never sell that in loss.
Hold it for long term value and i'm sure you won't regret that ever.
Pokemon Go
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August 30, 2018, 05:38:04 PM
 #344

me too and my advice hold, because I'm sure the next 1-2 years the price of bitcoin will be more than $ 20k.
sngwinner
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August 31, 2018, 08:53:42 PM
 #345

I share with you your worry and I must admit it can be very hurtful and depressive. Maybe wrong reasons led to this. I will just say that you shouldn't quit yet. Just learn about it be smart this time.

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popsywura
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August 31, 2018, 08:59:13 PM
 #346

There is always lesson learned in all actions we took.  You should learned from them and not regret, it can come in either way but am sorry for your loss. You can still keep holding on to your bitcoin as expected ATH soon.
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August 31, 2018, 10:26:01 PM
 #347

Sure you wont want to repeat such mistake again, $20,000 was the bull run, now is the best time to invest when the market trend is bearish, lot of people only get to know about Bitcoin when the price goes up. Buy the bearish and sell during the bull period.
Seunbabatunde
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August 31, 2018, 10:29:25 PM
 #348

This happens to me most often but one thing that strengthens me is that I do make some profits sometimes so i see the whole business to be a risk taking stuff. Do not go in with only positive minds but rather also think of the possibility of losing.
Cindykhato
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August 31, 2018, 10:38:28 PM
 #349

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
Regretting will not help you but you gain experience. Just hold your bitcoin and have patience to wait for the price return to $20k. It's just a matter of time and soon bitcoin will be on the top again.
stellaekun
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August 31, 2018, 10:40:50 PM
 #350

That is the downside of investing, do dwell too much on the regrets as all hope is not lost, the market will bounce back and bitcoin will eventually beat it previous highs, it always does that
blockdragon
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August 31, 2018, 10:45:34 PM
 #351

it is very bad to hear such bad experiences and the loss you have experienced is relatively high, but be strong and bear in mind that the current price seems to be just temporary and will go up and up.

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Cryptotissue
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August 31, 2018, 10:59:48 PM
 #352

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
Hmmm. sorry you feel this way. But you can still be able to make the amount you lost back. It will be best if you go into bitcoin trading. You must take advantage of the rise and fall in the market price of bitcoin.
Bloodseekers
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August 31, 2018, 11:16:39 PM
 #353

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
Same like you i also lost my bitcoin in ponzi scame, but only a few bitcoins. And after i lost, i already forget about all ponzi website
And today bitcoin about $7000 just wait again untill end of this years, I believe the chart will repeated and bitcoin will make new high price. I hope that happen
Gabali126
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August 31, 2018, 11:28:11 PM
 #354

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 is not good at all for you. It means you have lost over one third of the value you bought. I wish you still retained the Bitcoins and wait for the price to recover.

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Mrconnect
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August 31, 2018, 11:30:45 PM
 #355

If you ask dfor my opinion, I'd say you should nto have any regret. Your initial investment will come good. Just as you saw the BTC at 20k last year, you will soon see it back there or maybe higher. What has happened is only the nature of cryptocurrencies. It is very volatile and volatile can be good or bad. But, the good also comes as much as the bad. So jut hodl a little and you will be good.
ecnalubma
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August 31, 2018, 11:51:14 PM
 #356

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
That’s sad to hear, maybe you should just keep whats left in you then sell it after a year or two. Next time you should consult someone who knew better in crypto space or do some reasearch before buying crypto. Well its not over yet until you sold your holdings, just have faith and sure positive things will come again in crypto.
mace15
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August 31, 2018, 11:58:24 PM
 #357

If you ask dfor my opinion, I'd say you should nto have any regret. Your initial investment will come good. Just as you saw the BTC at 20k last year, you will soon see it back there or maybe higher. What has happened is only the nature of cryptocurrencies. It is very volatile and volatile can be good or bad. But, the good also comes as much as the bad. So jut hodl a little and you will be good.
Yes from the start bitcoin is very volatile so we should keep in mind before investing you are decided because our investment might lose and might earn. When you feel regret you will in panic sell the price of bitcoin has it's up and down. Many of us had bought at all time high so we have options to hold our btc.
DoublerHunter
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September 01, 2018, 12:26:21 AM
 #358

That is a huge mistake for yourself if you bought bitcoin last year at the 20,000 USD price because you are definitely in a very deep loss now and you need to wait for a longer time before you can say that you are breakeven. Buying bitcoin should not be based on the hype and we should have basis in buying bitcoin like doing technical analysis which is more effective than other method.
bayu7adi
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September 01, 2018, 01:03:22 AM
 #359

never regret the mistakes you made this year, make this your experience to be more careful when spending money
Bitcoin never offers profits, every time someone gets a profit, there must be someone who is cutloss, so this is indeed dangerous
But for sure, never forget the main function of Bitcoin, which is as a means of payment
Otsu
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September 01, 2018, 01:04:27 AM
 #360

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 lose hope mate. Everything will be back soon and you can still recover it if you will still hold your bitcoins now. It's only 4 months to go before the year ends. Just keep on believing that the price will increase by that time because there are good thing comes to those who waits.
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