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Author Topic: I bought bitcoin at $20k last year  (Read 5443 times)
CryptoKingKongChan
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September 10, 2018, 01:36:22 AM
 #521

You should just lock them and come back in a few years.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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denzkilim
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September 10, 2018, 01:49:59 AM
 #522

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 way to do is to hodl your Bitcoins until it reaches your desired price or value because if you sell it now you'll surely lose a lot of money and that pretty frustrating especially when you invest a lot of money. And it is better to stop looking at Coinmarketcap from time to time because it will not help you at this time, you'll just get depressed seeing the market right now. I think you learned some lessons from now that you should invest only the money that you afford to lose and invest at your own risk. Wink

When you loss, expect that you will learn from it. When you learn, expect that you will gain from your loss. That's how life should be, we need to lose first before we learn. I know that next time, we will become aware of when we enter or quit in trading perhaps, I am also trying to reverse my trading strategy so that I gain also.
That's is learning in a hard and frustrating way. Smiley
cryptoaro
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September 10, 2018, 01:58:35 AM
 #523

Oh sorry for your lost. but you can get encourage because of bitcoin price will be up as soon as possible. That's how life should be, we need to lose first before we learn.
however you have see sometime when get up moment to bitcoin price. be alert.... Smiley
carlou
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September 10, 2018, 02:13:45 AM
 #524

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 didn't learn from your first experience after losing your 4.5 BTC to Ponzi scheme then you bought bitcoin at the price of $20k bad decision now you have to face the consequences of big mistakes that you have made.
Farhan786
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September 10, 2018, 06:34:44 AM
 #525

Yes, many crypto members bought BTC token when it's price $20k. And they will nothing to do. I think bitcoin will grow again in the spring of 2019 Like last year. Always remember, Buy low sell high. And don't buy pump coins. Now you can only wait and hope that the market will recover.
btcrich2020
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September 10, 2018, 06:42:43 AM
 #526

Due to the current situation of the market, i am unable to say how much the price of Bitcoin is going to be in the coming days. People who bought the Bitcoin at the high value will always need to wait until Bitcoin prices cross more than $20k. Many experts are predicting Bitcoin will easily surpass the price of previous ATH value but for everything, we have to wait and see.
matej451
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September 10, 2018, 06:47:26 AM
 #527

common rule is by dip and sell high. You chose opposite way of trading.

Whenever you're buying buy coins directly without any middleman. If you were buying BTC directly from the market you still would have 4.5 BTC that can be worth a lot more next year.

On you're next investment. Do a research by your own. Trust your analyze and your feeling that makes you trade on first place. Invest only that much that you can afford to loose. If you're not day trading than leave the investment and forget about it for some time. Stop being scared and relax.

If you are scared meaning you don't trust your analyze, feeling and that will results in loss in a long term.

If you're scared when trading better stop trading.
Crypto one
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September 10, 2018, 06:53:32 AM
 #528

Bitcoins will most likely get back and above last all time high again. I don't think the Bitcoin history are ending here, we will see 40k and 60k bitcoins in the years to come. All most everyone who are hodling there bitcoins are expecting higher prices in the years to come, and just a EFT approval cut easy push bitcoins above 20k within a few weeks.
MMS2017
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September 10, 2018, 06:54:23 AM
 #529

I also bought bitcoin at this price last year i need some money for which i want to sell some of bitcoin but i am not in the position to sell it in present price i am in panic now a days and if i sell i will bear losses.

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tradingethusiast
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September 10, 2018, 07:03:38 AM
 #530

Just keep hope than regret because it has always boomed up the bitcoin after a dump sooner or later!
candy69
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September 10, 2018, 07:08:24 AM
 #531

Well, after losing so much bitcoin you made mistake again when you bought bitcoin at $20k. At that time, bitcoin had already reached its peak, so you should have been more careful in investing.
zikzag
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September 10, 2018, 07:18:59 AM
 #532

I think you are not the only one who is experiencing it now. Do not panic. I hope everything will come back and Bitcoin will again cost 20k $.

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CharlieArtist
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September 10, 2018, 07:21:02 AM
 #533

I feel so bad for you because loosing a huge amount of money is not easy to forget, i have to admit that , it was not a good pick but if you can  be patient, you can still have chance to earn some money even you do not sell.
RaffiAndra
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September 10, 2018, 08:34:09 AM
 #534

do not panic, do not sell at cheap prices, just wait someday will definitely come back and even higher than the price when you buy, just think positive

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kevinzxz
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September 10, 2018, 08:40:48 AM
 #535

then I suggest to be patient and pray that the price of Bitcoin will increase again, and my advice is just to hold until market prices rise again, because I believe this year is the worst year for the market and hopefully next year the market will improve again.

GymClassHeroes
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September 10, 2018, 08:45:43 AM
 #536

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 $6k+.  I'm regretting my actions.  Huh
It is a long way off from its current price of 6000$,like two-third of your portfolio eroded,  it is not as bad as it would have been if you had been holding most altcoins, most are upto 90% down from their all-time highs. You could wait a while longer as bitcoin will eventually rise and give you some ROI
Asantewaa2000
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September 10, 2018, 09:01:48 AM
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 #537

I know how it feels when project and invest into a venture and things are not going your way, it just leaves you in a dilemma on what to do. But my advise is for you not to regret your actions , you are at the right place and you made the right investment. All you need to do is to hold on and forget about panic sell out, that will make you regret you actions sometime to come.

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Ale88
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September 10, 2018, 09:18:39 AM
 #538

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
Unfortunately all of us make this kind of mistakes, and because of this some other people can make money, other lose it. Think about it as experience, it's like if you went to a very expensive school in a certain way.

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rakokiller1
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September 10, 2018, 09:34:44 AM
 #539

you can be one of coin holders in the future
cryptocurrencyguru
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September 10, 2018, 10:02:13 AM
 #540

if u bought the bitcoin at 20 thousand dollars then the only way we should do is to wait for more time by 2019 March we may expect the prices reach to previous price
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