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Author Topic: I bought bitcoin at $20k last year  (Read 5443 times)
Dogtanian
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September 16, 2018, 01:08:14 PM
 #621

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

Would you have regretted your actions if you bought in at $200? That's the gamble with investing. You can either cut your loses or if you believe in bitcoin long term then keep holding in the hope that bitcoin will once again reach 20k. Nothing is guaranteed though and maybe it will never get back there, but many people are optimistic.

Out of interest, how much did you invest? If you bought a small amount then there's probably not much you lost but if you bought multiple coins at $20k then that's a different matter.
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Daniel91
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September 16, 2018, 01:09:09 PM
 #622

I can understand your feelings.
When you see current btc price and compare with the price last year, it's natural to be depress or angry.
If I can advice you, don't loose hope and don't give up on btc.
BTC price drop many time in the past but recovered each time so I'm confident it will recover again.
Don't sell btc now but hold, wait for the price increase.

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maxilopez
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September 16, 2018, 01:28:32 PM
 #623

I did almost the same thing and do not regret my actions because this is an experience that will help you earn in the future

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fosco333
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September 16, 2018, 03:12:06 PM
 #624

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 guess you were unlucky and not the only one who bought cryptocurrency coin when it hit the peak price in dec 2017.
Whether you regretting your action or not, i think it is no use to do that. What you can do is now buying more coins to average down your loss later if the market price getting recovered.

aika88
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September 16, 2018, 03:49:48 PM
 #625

for some people in the business of loss is a natural thing. if you are always sorry, you will be late to go forward. remorse can occur but not too long. go on vacation if you need to refresh your brain and reset the strategy so that there will be no losses this year. green fields await you
iamzill
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September 16, 2018, 04:09:57 PM
 #626

keep holding your bitcoin purchases until the end of the year, because if you sell now it will only give a fatal loss. because bitcoin dropped dramatically from the price of last year and we have to be patient waiting until the best price point.
colvis
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September 16, 2018, 04:35:23 PM
 #627

You don't have to regret your actions,  something people get to the wrong place at the wrong time and most of the time you get to the right place at the right time.. The things is just that you have to be patient and have confidence this one is different from Ponzy,  your money can't be consider lost until you sale it up..  Anything can happen at any time all you have to do is believe and have patient
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September 16, 2018, 04:42:03 PM
 #628

I guess you are unlucky,naive and FOMOed then, but the market now must have taught you better. I guess the next bull run should be good for you.
Cheers
liennhung345323
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September 16, 2018, 04:45:17 PM
 #629

Yes, your decision is wrong when you sell the number of BTC you own. Although it is unavoidable to lose money on this, I think you have followed the trend and decided to invest in it. You should believe in yourself, add knowledge to yourself, bravery will make you become stronger.
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September 16, 2018, 04:49:23 PM
 #630

I do not see anything terrible in this, since bitcoin will grow in the yen and just in the future it will cost more than 20,000 dollars

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vin22
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September 16, 2018, 05:16:00 PM
 #631

You don't have to regret your actions,  something people get to the wrong place at the wrong time and most of the time you get to the right place at the right time.. The things is just that you have to be patient and have confidence this one is different from Ponzy,  your money can't be consider lost until you sale it up..  Anything can happen at any time all you have to do is believe and have patient
You are there bro.
The truth is just that you have to be patient and my people always says that the patient dog 🐶 aways eat the fattest bone.. So if you have lost money in the past you just have to be patient and invest more maybe you will be lucky this time.
TobiasVR
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September 16, 2018, 05:20:51 PM
 #632

courage in failure will give a big surprise. You have to learn from experience when you experience defeat and buy bitcoin at high prices and sell at low prices can be applied in the future so that it does not happen again and make future purchases can provide profit.
Malam90
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September 18, 2018, 12:30:14 PM
 #633

Don't regret Remeoetin. The present market condition is not favorable at all. All that is happening are not acceptable in the crypto world. Why every day price is dumping? I think every one should stop rumor and panic sale.
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September 18, 2018, 01:04:33 PM
 #634

I guess you have learnt some lessons by now but in case you still believe in bitcoin like I do, I will encourage you to buy more now and keep it together with the old one and wait for increase in value.
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September 18, 2018, 01:45:55 PM
 #635

hi dude, your loss is due to you investing bitcoin without strategy. You see an increase in bitcoin and you buy it, until the bitcoin decreases you regret. Be warned, clearly there were plenty of warnings that it was a super-inflated bubble. It is a pity for your loss. Cry
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September 18, 2018, 01:52:19 PM
 #636

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 guess you were unlucky and not the only one who bought cryptocurrency coin when it hit the peak price in dec 2017.
Whether you regretting your action or not, i think it is no use to do that. What you can do is now buying more coins to average down your loss later if the market price getting recovered.

Right mate,in this profiteering theres no place for crying when we loss because the risk of investing is the weapon to gain good in cryptocurrency

So if you have bought ATH then continue to hold the coin,because only the value has been affected but the volume remains
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September 18, 2018, 01:59:49 PM
 #637

Regret will not change the situation, after losing bitcoin, you buy butcoin at a fairly high price, but it turns out that the day the bitcoin price is getting lower and to this day the price of bitcoin is still low. , you must be sure that the price will definitely rise again, because that's all you can do right now, don't give up with circumstances, be patient.
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September 18, 2018, 02:19:12 PM
 #638

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 know you learn a lot of lesson from your mistake, so next time dont ever buy bitcoin with a very high price, you should just buy when the value of bitcoin low, and if you have now money just buy again btc and hold until the value will be $20k.

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September 18, 2018, 02:25:49 PM
 #639

im sorry to hear that , but yeah i thought to that 20 k $ price are too fast for raise , i think , be better if you carefully before do some actions
hope you get more ^^
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September 18, 2018, 02:45:14 PM
 #640

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 $6k+.  I'm regretting my actions.  Huh
I have no regret with BTC because i bought BTC 15000$ but i have no loss. When price touched 20000$ i sold all. Also i'm regretting for my altcoins because i'm huge loser in cryptocurrencies i can't forget and recover my money in my whole life.
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