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Author Topic: OMG !!!!! You BitCoin people were right. I wish I had bought back in March :(  (Read 7293 times)
imteaz
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December 22, 2020, 12:08:03 AM
 #61

We all had our regrets, I wish I bought in back in March too. But many of us didn't think It will a huge bull run. However We have to learn from mistakes, so next time if there is an opportunity we gotta buy bitcoin. The only problem is when bitcoin goes into the bear market it stay there for years. Thatswhy ppl don't buy when it's dip.

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December 22, 2020, 03:59:22 AM
 #62

What would have been OP's reaction, if there was no Bitcoin rally in 2020? A lot of the users expected a bull run immediately after the block reward halving, and that expectation never got materialized. Many of them decided to sold their coins. And then out of nowhere the news regarding PayPal Bitcoin adoption came, and the prices started rocketing upward. So my question is what would be the reaction, if the news regarding PayPal adoption came out in 2021 instead of 2020? Would the OP still be optimistic about Bitcoin?

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December 22, 2020, 05:19:04 AM
 #63

I believe OP is like our "old friend" Kwukduck. He will avoid buying the bottom, and start buying the top. If Bitcoin crashes below $20,000, be assured that he will be back to his old self, and shout at everyone to convince you that Gold is the best Store of Value. Cool
Yeah, typical investor who buy high, sell low 🤣
https://twitter.com/BTCcapitulation/status/1339397584406769664?s=19


Then the OP is, either trolling us plebs, which is useless because most of us are loaded and HODLING for 6 digits, OR he is FOMO, and waiting for his own dip to buy. Cool

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December 22, 2020, 05:51:17 AM
 #64

There are always lot of regrets whenever Bitcoin price starts moving. " I widh I had bought it last time", I wish a had sold my Bitcoin at that price", I wish HODLd my BTC" and a lot more. People have their regrets and frustrations, but no one can tell what the price of BTC will be at a certain amount of time or when will it go up or down. Profit is profit, and never have regrets whenever you sold at some point or bought it at an "x" price.
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December 22, 2020, 05:58:55 AM
 #65

Are you trolling us?

Anyway, buying during an all time high is a recipe for disaster. When the next big exchange gets hacked we'll inevitably see another crash and we could be repeating the same cycle during the next 3 years.

Then you'll come back here and post your "Hard Facts" about bitcoin. Then it will go back up again to 40k.


So you'll buy at $22k sell at $8k and then buy back at $40k


Before putting anything into bitcoin, you have to understand that you're the only one responsible for the risks you're taking. There's no guarantee you'll always be in the green.

Syscoin has the best of Bitcoin and Ethereum in one place, it's merge mined with Bitcoin so it is plugged into Bitcoin's ecosystem and takes full advantage of it's POW while rewarding Bitcoin miners with Syscoin
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December 22, 2020, 06:03:13 AM
 #66

I was never a troll, I just disagreed with you.

The difference between me and most people is that I can look at facts and change my position when it is warranted.  Most people are unable to learn and pay no attention to evidence.   If you knew me, you would understand that I look at evidence and make my judgements based on that, my change in attitude towards BitCoin would not surprise  you.

When I see people make 6 X their money this years in BitCoin, it is time to change my position.   The large money coming into the BitCoin market could change everything, if so I am absolutely want to buy BitCoin before prices rise even more.

Hard Facts
So, the only reason you changed your position is that the price goes up? If institutional investors change their minds and the price of bitcoin plummets, will you change your mind again? You know, "hard facts". The thing is the principles of bitcoin haven't changed since you were attacking bitcoin. Institutional investors who you praise don't care about decentralization, freedom, and peer-to-peer networks, the only thing they are eager for is to make more dollars. By agreeing with them, you are telling us that bitcoin is just a get-rich-quick scheme, a speculative asset with no value. Therefore, you are a troll.

Stop calling it "BitCoin". It is Bitcoin.

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December 22, 2020, 07:44:41 AM
 #67

You know, it's not about being right but believing in the technology. I think positive opinions towards Bitcoin can help you understand why some people, like me, believe it would increase in price. It's always going to be a challenge to predict it, but if you are a supporter and a user of Bitcoin itself, you should know that it would increase in price by a lot.

The things that you are doing, that's just when there's good news about Bitcoin and feeling FOMO about it. I hope you understand that you could get burned, just like the people who bought in the previous ATH. If you had HODL on to it, you would have made it back to your entry price and profit during this time.

Anyways, to secure your coins, having a hardware wallet would be the best device that you could have, besides your smartphone. With a hardware wallet, you are secured enough not to get hacked. For scamming, it's going to be up to you, so beware of suspicious emails, chats, etc.

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December 22, 2020, 07:59:08 AM
 #68

We all makes mistakes, man. Its really hard to locate we real dip for buying

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December 22, 2020, 08:17:29 AM
 #69

The thing is the principles of bitcoin haven't changed since you were attacking bitcoin.
Institutional investors who you praise don't care about decentralization, freedom, and peer-to-peer networks, the only thing they are eager for is to make more dollars. By agreeing with them, you are telling us that BitCoin is just a get-rich-quick scheme, a speculative asset with no value. Therefore, you are a troll.

Decentralization is bullshit, only ~4 mining pools control over 51%.
Freedom  , where the hell to you get that.
The majority of services that let you buy or sell btc, require KYC & AML.
Only the rich can afford to mine BitCoin.
https://cointelegraph.com/news/slippery-slope-as-new-bitcoin-mining-pool-censors-transactions
Quote
The pool will use BlockSeer and Walletscore’s labeling data, among other verified sources such as the United States Office of Foreign Assets Control, or OFAC, blacklist for crypto to identify BTC transactions it does not wish to process. The pool also requires all miners to pass Know-Your-Customer protocols.

Sorry , but BitCoin is just a get rich scheme for the majority of posers/nutjobs in these forums,
I mean look at Wind_Fury , he is a complete and utter technical illiterate, and he thinks that $500 of btc he purchased will increase to $1000000 which would be a 2000X Gain. Be sure and hold your breath for that one.  Cheesy

The True Fact is BitCoin is technically inferior to LiteCoin and numerous altcoins.
But to be perfectly honest no one really understands or gives a shit about real technical performance or real economics that require real performance, people here just sprout BitCoin is the greatest and wait for the greater fool to sell too, then the price crashes for a few years, a new crop of greater fools and rinse/repeat.

Whatever nonsense price increase you get from the current boom cycle, enjoy it, (* you have to sell it to enjoy it *)
it never lasts from more than a month before the crash. And then you're waiting another 3-5 years before it peaks again.

Monitor Tether to get a feel for BitCoin price swing as they are the main idiots manipulating the markets at the present time and the one in 2017.

 Cool
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December 22, 2020, 08:22:16 AM
 #70

Back on Mar. 1 you could buy a 1 Bitcoin for 8.5k  source- https://coinmarketcap.com/currencies/bitcoin/
This same 1 Bitcoin is more then triple the value right now.  Anyone who bought Bitcoin way back in March is very happy right now.

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December 22, 2020, 08:24:28 AM
 #71

Back on Mar. 1 you could buy a 1 Bitcoin for 8.5k  source- https://coinmarketcap.com/currencies/bitcoin/
This same 1 Bitcoin is more then triple the value right now.  Anyone who bought Bitcoin way back in March is very happy right now.

Only happy if they sell it now, which causes the price to have a harder time increasing.  Wink
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December 22, 2020, 09:19:46 AM
 #72

Sorry , but BitCoin is just a get rich scheme for the majority of posers/nutjobs in these forums,

You think you're so smart. Why don't you give that big brain of yours a rest?
Just take the damn blue pill and join us. Don't fight it. Ignorance is bliss.  Grin

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December 22, 2020, 09:42:34 AM
 #73

This sounds familiar, when people are regretting why they didn't trust Bitcoin, but it's not too late to make profits on it. Bitcoin will continue to rise and will make more All Time High prices. However, you've missed the chance to make even more profits when you just invested Bitcoin earlier.

Hardware wallets are the best storage for large amount of Bitcoin than online wallets. All of them could be hack, but then chances of a hardware wallet getting hack is very low. Buy three hardware wallets if you have money, divide your Bitcoin in to three, so it'll be more safe than storing it in just one basket.
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December 22, 2020, 09:53:00 AM
 #74

This sounds familiar, when people are regretting why they didn't trust Bitcoin, but it's not too late to make profits on it. Bitcoin will continue to rise and will make more All Time High prices. However, you've missed the chance to make even more profits when you just invested Bitcoin earlier.

Nah no harm done. Buying at 10k or buying at 22k today really won't matter when we sail into six-figure territory. And then much higher than that, if I'm to believe Guggenheim and a certain Spanish prison inmate still furiously Tweeting out stuff haha.

Just stack them satoshis diligently, keep them safe in your own wallet, and you'll be fine.

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December 22, 2020, 09:55:37 AM
 #75

OMG,  You guys were right about BitCoin price going up  Shocked Shocked Shocked  I wish I had bought in back in march   Sad

That being said, I might have to buy some BitCoins now.   I think a hardware wallet is the best, but I need advice form more experienced BitCoin experts when dealing with large amounts that BitCoin is now worth.   Do you guys have any suggestions on the best, most secure way to purchase and store BitCoins without getting scammed or hacked Huh



A core bitcoin hater just see the light  Grin, hehe.... never thought i will see this day where Hardfact admit to what the majority of us already know, welcome onboard buddy, lol! by march you were still very blind to the truth and you fail to see the future and what it hold, i hope you won't come back to scream when the price dip, buying at the top is not very advisable except you have very strong hands of steel Tongue

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December 22, 2020, 10:00:24 AM
 #76

Yes, even myself too get surprised that bitcoin could really go high like this. I never thought of this but I had witness base on the history of bitcoin or its chart about the last bull run way back 2017. However, I was not able to anticipate this bull run and it really a bad news for us and to rhose who were not able to buy bitcoin during the down trend or when market was crashing before.
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December 22, 2020, 10:07:59 AM
 #77

There is no shame in admitting that others are right all along. It is part of the FOMO experience. Many of the old timers here are still saying that this is just the start with Bitcoin and it will continue to go higher. If you have not started investing yet then consider checking with the old timers here and see if they could give you a tip or two in investing. So you can go ahead and invest and learn many things. Do not be afraid.

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December 22, 2020, 04:28:24 PM
 #78

You should wait until the price drops again and buy it then. All is not lost for you yet.

Whenever the market corrects a bit put a certain portion of money and buy it. So always divide your money in such a way that when you get the next dip you have something left to buy more. Do not invest all in one go when the market is near ATH. Plan accordingly so that you do not end up buying at higher price point and then must wait for long years in order to recover.

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December 22, 2020, 05:53:47 PM
 #79

Institutional investors who you praise don't care about decentralization, freedom, and peer-to-peer networks, the only thing they are eager for is to make more dollars. By agreeing with them, you are telling us that bitcoin is just a get-rich-quick scheme, a speculative asset with no value. Therefore, you are a troll.

Stop calling it "BitCoin". It is Bitcoin.

I guarantee you I care more about freedom than you do  Shocked Shocked Shocked   Unfortunately I see more censorship and intolerance of others options in the BitCoin community than anywhere else.  Even the Federal Reserve does not try to Censor others opinions or keep them from posting in forums  Sad Sad Sad

Bitcoin becoming " Mainstream " is HUGE, and will absolutely determine if it succeeds and goes up or not.   Getting wall street, hedge fund, pension money in to BitCoin would make the price go up beyond what you hope for.  Having BitCoin accepted and recognized as money by the world is more important that you know.

You can not argue with success, those that have rode BitCoin up from the 3000's are now rich.  They made a very good investment, no matter what the reasons were.  The money they made from the rise in BitCoin buys just as much as money made from anywhere else  Grin Grin Grin

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December 22, 2020, 07:14:32 PM
 #80

The dump in march presented a good opportunity to stack some coins. I sure did! Nine months later we are seeing a huge in the market. I love bitcoin
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