I give up

[Jr65]

It seems every time I find something that looks promising, I'm just a sucker waiting to give someone else a payout.  I have been following advice a gentleman offered to "hodl" my bitcoin, from $984 all the way down to now $436.  Imor've just been fooling myself, telling myself "Don't worry hon, it will go back up! It always has!"  I've been spending my time reading the forums and hoping.  My friends called me crazy when I told them it's a sure thing.  The shame is just as bad as the lost money.  So I quit.  You guys win.  Coins sold. 

Don't give up, Veronica! You will win the next round. Feel better soon!

[gentlemand]

This story has been played out countless times. Someone declared returns were dying and sold their several thousand coins a few weeks ago and it went up 20% between his replies.

https://bitcointalk.org/index.php?topic=496365.0

If I was the OP I'd dabble with an amount that didn't make me sweat or count my future riches. It might end up being a pleasant surprise a few years down the line, years being the key word.  

[YipYip]

Honestly I have had an awesome crypto day

I took a 5% haircut on getting back into a ltc pump that i nearly missed with my play money ...i love trying to day trade crypto its like a wildcat on meth....so many lessons so fast

I had some guys invest a cool 200k into crypto and these guys where mainstream

i have read the current bacth of coindesk articles and with

GOX 2.0 coming back to be our western standard as any more news about the chinese i will barf

..its goes on ..veronica u mentioned being a loser ..well i agree 

[MatTheCat]

This man extolled me to buy $520 BTC around 1 week ago, cos 'Bitcoin really was about to take off'.

..its goes on ..veronica u mentioned being a loser ..well i agree 

This same man states:

Honestly I have had an awesome crypto day

I took a 5% haircut on getting back into a ltc pump that i nearly missed with my play money ...i love trying to day trade crypto its like a wildcat on meth....so many lessons so fast

Yet he has still not learned one of the most fundamental lessons. Never take a trade in no-mans land. We are right at this very minute, slap bang in the middle of a downward trading range. Bitcoin could go either way based on the whims of anyone with not even particularly deep pockets and Yip Yip is splashing about in these crypto-puddles thinking he is learning lessons whilst the only lesson he needs to learn here, is being totally ignored.

[wobber]

Money was lost the moment you sold. Not when price was going down. I hope you'll be happy with your decision. It's all that matters.

You can see the price in 2 years going to 1500 and still be happy, if you know you're not that risky persons. But the sad part would be if you'd be even more sad than now.

Or you can see it at 1500 and be miserable AND with a loss.

[matt608]

It seems every time I find something that looks promising, I'm just a sucker waiting to give someone else a payout.  I have been following advice a gentleman offered to "hodl" my bitcoin, from $984 all the way down to now $436.  I've just been fooling myself, telling myself "Don't worry hon, it will go back up! It always has!"  I've been spending my time reading the forums and hoping.  My friends called me crazy when I told them it's a sure thing.  The shame is just as bad as the lost money.  So I quit.  You guys win.  Coins sold. 

I honestly feel the pain of this mistake already.  Whatever compelled you to buy at $984 hasn't changed.  It's just a bear market at the moment, in a bear market the market over reacts to bad news and under reacts to good news  You've basically managed to ride out a huge section of bear market and endured as much pain as you can, bravo, but don't let it all be for nothing.  Unless you have any reasons why you now think bitcoin will no longer succeed I'd seriously consider buying back in and taking the smallish losses on the chin and keep holding.  It doens't sound like you've made this decision based on any reasons about bitcoin, but rather it's an emotional decision that's compromised your judgement.  Happens to the best of us.  Has happened to me before actually in bitcoin once and on a couple of altcoins (though overall my trading is v positive). Seriously the pain of seeing it go up again after you were so sure about it for so long will be so much worse than whatever you're feeling now.  I actually think we could be nearing the end of the bear market anyway.

[thezerg]

OP: You are right.  Feeling bad about yourself, shame in front of your friends is important to feelings of self-worth.  But don't beat yourself up; plenty of experienced investors missed the bubble's top.  Those of us who understand the protocol and believe in the economic change it implies can rely on that during the downtrends -- that is "I'm investing to support this great idea, not just to make $".  If that is not you then learn to hedge your bets.  For example you could buy back with a small amount that you REALLY CAN afford to lose, maybe 10% to 25%.  But tell your friends you sold, never mention this little bit to them.  Forget about these coins.  If BTC goes to 0, oh well.  If it goes through the roof, you'll be able to book a nice vacation or buy yourself something special, and tell your friends, "I guess I didn't sell ALL my coins... ", without going into any specifics.

The alternative is the possibility you've sold near the bottom and how will you feel with no coins if BTC hits 5000 in 2015?  Bitcoin has fundamental advantages over gold and fiat currency that make those kind of valuations possible if not necessarily probable.

[sgbett]

https://www.youtube.com/watch?v=4Ux2txZxoVA

https://www.youtube.com/watch?v=uiCRZLr9oRw

[BitcoinBobbeh]

That's what happens when you get into something expensive without understanding it. Emotional reactions take over.

Sounds like you've been "in" Bitcoin for less than 6 months.

Why sell when you know the years of history it has?

I feel sorry for you but I also don't feel sorry for you.

[kireinaha]

I kind of wonder if this is real or if we're being trolled. It's a new account, and who would hold for months and months in a bear market and then sell just as the trend line is about to hit the 2013-2014 historical support level? (only a few weeks away)

[Mithril1977]

i'm holding my bitcoin until they are worth enough to buy a time machine. then I will go back to the year 1635 and hoard all the tulip bulbs

hilarious ty

[gagalady]

You'll be kicking your ass and asking why? why? why I sold my bitcoins after few months, yes market is for strong and calm people.

[UnDerDoG81]

Veronica, you are not the only one. I invested 70% of all my money and at the moment I have a loss of 40%... But HODL!

[rjp55]

Buying something because you were told its a sure thing, doing nothing, watching it lose its value and then selling it. Hard to sympathize.

[Omikifuse]

When Bitcoin drop, it means that its time to average down. I have bought some Bitcoin above 500$ and also below 400$

[jamesc760]

People, she sold ALL her coins. She is completely out. Encouraging her to hang on is like telling a dead man help is coming. She is DEAD to bitcoins at this time. It seems like a weak hand at best, a greedy, get rich quick schemer at worst. Good riddance.

[kireinaha]

Buying something because you were told its a sure thing, doing nothing, watching it lose its value and then selling it. Hard to sympathize.

Backing a financial asset with your own capital is not doing nothing; investors are supporting the bitcoin network and at their own financial risk... sometimes it works out for them, and sometimes it doesn't (like OP!) but to say she got what was coming to her because she "did nothing" kind of rejects the entire principle of investing in general.

[akujin]

That's what you get when you listen to the bitcoin salesmen 
 

[UnDerDoG81]

People, she sold ALL her coins.

Sure? Or does she only want to hear "noooo, Hodl!!" from us? If she really sold, she is stupid (if she dont need the money now)... Or it is just a new troll, trying to force people to sell with this panic thread...

I transfered all my coins now 10 mins ago to my paper wallet. Now I´m try to forget about BTC for the summer... lets see what happens when "winter is coming" ^^

[knightcoin]

https://www.youtube.com/watch?v=4Ux2txZxoVA

https://www.youtube.com/watch?v=uiCRZLr9oRw

She's tired ... after all it's not easy battle  ..

Donna Summer - Breakaway
https://www.youtube.com/watch?v=SN7kyRdyktQ