I bought bitcoin at $20k last year

[skidanchikbizon]

Do not worry. In 5 years I will sell for 50 thousand dollars

[sandaru]

To be honest it is a thing to be regret as you say. What i feel is you might have not analysed the market well when you thought to buy bitcoin. Whay i am saying that is that price was a peak. But If you intended for short  term trading this might hit hard to you. But if you intended for long term trade or hodle nevermind bitcoin price would go high within a couple of years.

[Fineyokoma]

I know it is tough to find the right option this day because the price is so low. The only way is hodl and expect some great news that can change the situation

[AvadaJigurda]

That's really sad, man. I think you should wait and hope that bitcoin will recover in price, still you will not lose more than lost, and perhaps you can get your money back in next few years.

[Kertmu]

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.  

Maybe you do not have to wait for the Bitcoin price to drop so much, and sell earlier, because the price does not fall for one day.
Of course, there will be losses, but you will lose more.

[randegibran]

sorry for before, you should learn from experience losing 4.5 btc that is not a small value. buying is considered high and also you don't learn from experience

[rasp]

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.  

Now you have nothing to do but to wait until bitcoin is pumped again like ot was in late 2017.
Would you agree that it's a silly desicion to sell btc now and lose 75% of your investment?
So just hold and wait - something great should happen by the end of this year when whales will all have to buy Christmas presents for their beloved ones  

[Cryptomania843]

It's too easy to say that he did a bad thing. But Bitcoin could have gone up to 50K or even more, no one can predict the future. In any case, my advice, do not regret, if you can buy now to amortize your loss but know that Bitcoin can in the near future take a lot of value. So be patient .... the best days are coming.
Courage

[MrRiuss]

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.  

sorry for your lost. do not regret it, well it is a very difficult situation for you, bought at $20k.

[evilsign]

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.  

Regret always comes behind. If only the price of bitcoin is now higher, of course, you would say another. You should be ready to accept whatever the risk is if you want to invest big, whatever it is not only in bitcoin. All you need to prepare is good money management and you should prepare plan B before unwanted things come, instead of thinking about it after the risk comes. My advice, keep holding your bitcoin and buy some alt coins that you think have a good future. Go to the next thread, there is a lot of discussion about altcoins.

[xindoa]

man thats rough. we all bought some coins at AH if you bought more then a whole bitcoin i feel for you. hope you can recover or bought in the dip and are ready to recover in the next bull market if he ever comes ;-)

[ololajulo]

One of the challenges of the dump is that a lot of people had left the space with large some of money. this are people who had also being holding and waiting for a long time. Now they have invested this money into new project. Their is a strong mechanism in the system to control the movement of price but I cant tell why price constrain. I dont know if it is useful for the ETF proposal.

[jcmansah7]

That is impressive to have made such a bold decision but please don't give up hope yet because in situations like these, that is all that we got. Stay on your grounds and be patient

[CryptoCClendon]

It's not a bad business choices after all,  it's call long term investment keep hope alive,  bitcoin will rise very soon

[felicita]

yes it was very bad choice to buy in at 20k ?
i cant understand your reasons why you both in at 20k 
But if you believe in Bitcoin maybe big whales start again to invest in and then you may reach back your investment XD


kind regards

[KotBas]

Yes, you do not envy. This is a huge loss, but you do not despair. I'm sure that very soon the price can exceed 20,000.

[terencio]

I am so sorry to hear about your lose in in ponzi scheme, but as for the bitcoin as long as your  not selling it . You won't lose as long as your not selling it, because of the fud that is happening right now bitcoin crash really hard . If your conviction still there that Bitcoin cost will be over 20k, your fearlessness is critical at this moment.

[bitbabba]

I believe if you wait enough, you will get good profit.

But for now, sorry for your loss.

[Romeoetin]

I believe if you wait enough, you will get good profit.

But for now, sorry for your loss.

I got tired of waiting. Good thing is that I bought DGTX with my bitcoin and I've been able to recoup my loss

[jademaxsuy]

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.  

Yeah that was not the good time to buy bitcoin when market price is high. However, i wonder why you able to buy bitcoin when in fact the market price high for bitcoin was 19K USD. Maybe you are doing FUD anyway if you really buy bitcoin that high then you gonna regret now since there is a huge market price fall down from 19K USD to 6K USD.