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Author Topic: Who wishes they had bought bitcoin when it was $540 or so?  (Read 9797 times)
beetcoin
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June 08, 2014, 04:26:05 PM
 #61

if we could predict what price will do in any market we would already be rich traders, we wouldn't even need bitcoin to make lots of millions.

isn't that obvious? if you could predict the future with anything, you can make a lot of money off it.
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June 08, 2014, 05:31:19 PM
 #62

It is impractical to wish you bought bitcoin at whatever price. If you feel so strongly about bitcoin, which I do, buying in now at current prices is not expensive at all. Even if bitcoin dips again, you know it has strong support about $400-$500, so you won't loose much anyway.

If bitcoin dropped to $400 from here, that's almost a 40% loss. I don't how much you have invested, but being 40% down on an investment is exactly what I would consider "much"....

jonald_fyookball
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June 08, 2014, 07:30:26 PM
 #63

if we could predict what price will do in any market we would already be rich traders, we wouldn't even need bitcoin to make lots of millions.

isn't that obvious? if you could predict the future with anything, you can make a lot of money off it.

Yes it should be obvious.  But you still get people making a lot of predictions and saying stuff like if I only knew if this was the top of the market etc

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June 08, 2014, 08:49:35 PM
 #64

if we could predict what price will do in any market we would already be rich traders, we wouldn't even need bitcoin to make lots of millions.

isn't that obvious? if you could predict the future with anything, you can make a lot of money off it.

Predicting the increasing value of bitcoins is quite easy if you consider a 1 year range, through holding long term anyone can do alot money.

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okthen
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June 08, 2014, 09:45:21 PM
 #65

I did buy a tiny bit at 540.
I regreted it because it went down afterwards.
But I'm happy I didn't sell, because I would have missed the bottom most certainly.
Hodling!
CEG5952
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June 08, 2014, 11:27:03 PM
 #66

I did buy a tiny bit at 540.
I regreted it because it went down afterwards.
But I'm happy I didn't sell, because I would have missed the bottom most certainly.
Hodling!

So, out of curiosity, when will you sell? You're sitting on some nice gains right now. You holding out for $1000? $10k? $1 million? Just curious what some of the hodlers are eyeing for a sell price. Tongue

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June 08, 2014, 11:39:37 PM
 #67

I did buy a tiny bit at 540.
I regreted it because it went down afterwards.
But I'm happy I didn't sell, because I would have missed the bottom most certainly.
Hodling!

So, out of curiosity, when will you sell? You're sitting on some nice gains right now. You holding out for $1000? $10k? $1 million? Just curious what some of the hodlers are eyeing for a sell price. Tongue

Minimum $60,000 - yes, I know it may never happen Smiley

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CEG5952
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June 08, 2014, 11:42:23 PM
 #68

I did buy a tiny bit at 540.
I regreted it because it went down afterwards.
But I'm happy I didn't sell, because I would have missed the bottom most certainly.
Hodling!

So, out of curiosity, when will you sell? You're sitting on some nice gains right now. You holding out for $1000? $10k? $1 million? Just curious what some of the hodlers are eyeing for a sell price. Tongue

Minimum $60,000 - yes, I know it may never happen Smiley

I'm always going to be selling here and buying there. Never 100% out of course. But I can't resist locking in some gains. Personally, I think we will see 5 figures, but everything is still so speculative at this point.

jonald_fyookball
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June 09, 2014, 12:19:25 AM
 #69

I did buy a tiny bit at 540.
I regreted it because it went down afterwards.
But I'm happy I didn't sell, because I would have missed the bottom most certainly.
Hodling!

So, out of curiosity, when will you sell? You're sitting on some nice gains right now. You holding out for $1000? $10k? $1 million? Just curious what some of the hodlers are eyeing for a sell price. Tongue

I'm holding for years. 5 years min but maybe 10 or 20. If there's a huge increase then spend some.   but i dont see the point of selling for fiat. Maybe sell a small percentage after 5 years.

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June 09, 2014, 12:35:44 AM
 #70

I did buy a tiny bit at 540.
I regreted it because it went down afterwards.
But I'm happy I didn't sell, because I would have missed the bottom most certainly.
Hodling!

So, out of curiosity, when will you sell? You're sitting on some nice gains right now. You holding out for $1000? $10k? $1 million? Just curious what some of the hodlers are eyeing for a sell price. Tongue

$10k to $100k hope for the latter.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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June 09, 2014, 12:51:54 AM
 #71

I was introduced to Bitcoin when it was trading at $11 back in 2011.  I wasn't ready to accept it at the time, and if I did buy I probably would've sold at all the next peak when it hit $18 or $30.  

Only when I became educated on fractional reserve banking, FIAT, and how the central banking system has influenced past history, then I was able to accept that his a long term investment vehicle.

I also realized that trying to find the bottom is silly in the grand scheme of things.  

it's only silly if you aren't good at it. i'd love to be able to reliably time the bottom (even remotely) -- what better way to increase your coin stash? other than making 100x or something on some scamcoin....
jonald_fyookball
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June 09, 2014, 01:35:05 AM
 #72

I was introduced to Bitcoin when it was trading at $11 back in 2011.  I wasn't ready to accept it at the time, and if I did buy I probably would've sold at all the next peak when it hit $18 or $30.  

Only when I became educated on fractional reserve banking, FIAT, and how the central banking system has influenced past history, then I was able to accept that his a long term investment vehicle.

I also realized that trying to find the bottom is silly in the grand scheme of things.  

it's only silly if you aren't good at it. i'd love to be able to reliably time the bottom (even remotely) -- what better way to increase your coin stash? other than making 100x or something on some scamcoin....

Trading, by its very nature, is difficult.   Why?

Because you're trying to take money away from very smart people.

beetcoin
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June 09, 2014, 02:09:16 AM
 #73

i remember when btc was going for $5ish in 2011.. i didn't get into btc until early 2013 though. i thought it was a nice idea at first, but i guess i was too lazy to jump in.

i wanted to make a bet on obama vs. romney in 2012 but didn't think of bitcoin to do it with.. man, a $500 bet would have netted me something like $50k+ today.
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June 09, 2014, 06:08:00 AM
 #74

I actually wish I bought Bitcoin when it was at $1, or less. Wink

Meanwhile, those of us that bought at under $1 are wishing we hadn't sold at $5, $10, $35, $65...

Even worse, those of us mining during the hot 2011 summer to earn those $1 coins who sold for a measly $5.... ***raises hand ashamedly***
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June 09, 2014, 09:21:31 PM
 #75

i remember when btc was going for $5ish in 2011.. i didn't get into btc until early 2013 though. i thought it was a nice idea at first, but i guess i was too lazy to jump in.

i wanted to make a bet on obama vs. romney in 2012 but didn't think of bitcoin to do it with.. man, a $500 bet would have netted me something like $50k+ today.

That would have been wicked.
And if you lost, you'd only lose $500. Nice.
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June 09, 2014, 09:36:20 PM
 #76

A lot of us bought @ 540$

Those who crie and wait for a new dive afraid of a new increase in price are those who sold @ 5xx$ in hope of buying back at a lower price

Bitcoins101
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June 09, 2014, 11:39:49 PM
 #77

When bitcoin reaches $5,000+ is it really going to matter if you bought in at $540 or $640?
Yes, because that $100 difference will be magnified into a $1,000 difference.

okthen
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June 11, 2014, 01:57:33 PM
 #78

When bitcoin reaches $5,000+ is it really going to matter if you bought in at $540 or $640?
Yes, because that $100 difference will be magnified into a $1,000 difference.

Depending on whether you wanted to buy x bitcoins or spend x money.
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June 14, 2014, 10:02:55 PM
 #79

You have a chance to buy back around 540$

And maybe at a lower price soon

jonald_fyookball
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June 14, 2014, 10:06:27 PM
 #80

The same people that complained they wish they had bought at $540 will be too chickenshit to do it now, and will complain all over again when the price goes back up.

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