what should I do, I invested a lot

[ErnieX]

Hold your coins for a few years, bitcoin only grows even if it doesn't immediately show in the price or is on a pullback, don't give it up they will be more and more rare as time passes.

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[BBmodBB]

simple,

sit back , relax , enjoy the ride,

it may take a while,

don't worry about btc until difficulty starts dropping like a rock

as long as the network is running like it is now,  even if difficulty does not continue to go up (i suspect it will continue to rise)

it is bulletproof,

hey bud! : it's apparent most bitcoiners interests are self serving...are you different? Can we make a change for the better?     ...need your help!!!(pm me)

[derpinheimer]

simple,

sit back , relax , enjoy the ride,

it may take a while,

don't worry about btc until difficulty starts dropping like a rock

as long as the network is running like it is now,  even if difficulty does not continue to go up (i suspect it will continue to rise)

it is bulletproof,

!!!!

This is definitely not a glitch! SELLLLLL!! /s

[Coinhunter32]

860$, is a very high price. I think you shouldn't sell it panicing. Bitcoins is future and prices will surely rise.

Just wait for an year or so.

[ErnieX]

Takes time for people to accept trading and spending bitcoin on these levels, when enough do so and even more are willing to enter the market the price will rise almost guaranteed.
Even if another pullback to $400 comes just hold or buy extra. The odds for bitcoin to challenge the alltime high are very good, until it breaks out even higher. But then people need to get used to those levels again for awhile, imagine you will be able to buy a decent car for 1 or 2 bitcoins or a house for 25 bitcoins 

[Junkbarman]

tl;dr why didn't you buy at $450?

What do you think is going to happen if all the home miner/ hobbiest like myself just can't mine anymore for whatever reason? (too hot, too expensive, too noisy, wife bitching, etc, etc, etc)

Your going to see more buyers and sellers, especially once the block reward halves again.

And seeing things like Newegg.com selling a PS4 for $80 off if you use bitcoins, is great too. It's like being in a club with great discounts. The more people that adopt bitcoin, I'm sure the less you're going to see things like those deals.

But in the mean time, let's do this!

New title for this thread: what should I do, I invested alot and haven't invested since..

[xDan]

OP, I just read your post history:

"I keep all bitcoin in bitstamp cause I trust them"

Now this, may not be a good idea.

Well, maybe if you are so technically illiterate that you would totally screw up holding them yourself. But historically, Bitcoin exchanges can and do go bust.

As others have said - you don't have any bitcoin, you have an IOU for bitcoin.

[MichaelBliss]

Do *not* keep your "investment" on an exchange!  That is asking for trouble!   Your far better off with a paper wallet, or even an excellent pass phrase and the Qt wallet (backed up many times of course!).

I would say there's a better chance that you'll get screwed over by the exchange in some way than there is that your investment will tank long term...

[carla17]

..I'm waiting for the right opportunity...

[carla17]

by the way, I am 28 yo I am not rich and I invested a lot of my savings, especially I bought a lot of LITECOIN....f**k 

[hodap]

Should not invest what you are not willing to lose it all.

Would suggest you to reduce the risk by selling and only holding what you are willing to lose.

[Rampion]

by the way, I am 28 yo I am not rich and I invested a lot of my savings, especially I bought a lot of LITECOIN....f**k 

Why Litecoin? You should have focused on Bitcoin, Litecoin is a clone with no added value to the original.

[carla17]

by the way, I am 28 yo I am not rich and I invested a lot of my savings, especially I bought a lot of LITECOIN....f**k 

Why Litecoin? You should have focused on Bitcoin, Litecoin is a clone with no added value to the original.

  I bought before, but unexpectedly it continued to depreciate, I was reluctant to sell at a low price, now I have about 1000 litecoins.
http://4.bp.blogspot.com/-LGfZmcoFPwk/UEujdLt5l1I/AAAAAAAAFCY/xoToE0AhiQk/s400/crying-kid-250x300.jpg

[Rampion]

by the way, I am 28 yo I am not rich and I invested a lot of my savings, especially I bought a lot of LITECOIN....f**k 

Why Litecoin? You should have focused on Bitcoin, Litecoin is a clone with no added value to the original.

  I bought before, but unexpectedly it continued to depreciate, I was reluctant to sell at a low price, now I have about 1000 litecoins.

My recommendation is for newbies to stick to Bitcoin - alts, especially useless BTC clones like LTC (and its further clones), are just pure gambling and/or pump&dump schemes. Not a wise investment at all, unless you already own BTC and you just want to gamble a little.

[carla17]

by the way, I am 28 yo I am not rich and I invested a lot of my savings, especially I bought a lot of LITECOIN....f**k 

Why Litecoin? You should have focused on Bitcoin, Litecoin is a clone with no added value to the original.

  I bought before, but unexpectedly it continued to depreciate, I was reluctant to sell at a low price, now I have about 1000 litecoins.
http://4.bp.blogspot.com/-LGfZmcoFPwk/UEujdLt5l1I/AAAAAAAAFCY/xoToE0AhiQk/s400/crying-kid-250x300.jpg

My recommendation is for newbies to stick to Bitcoin - alts, especially useless BTC clones like LTC (and its further clones), are just pure gambling and/or pump&dump schemes. Not a wise investment at all, unless you already own BTC and you just want to gamble a little.

it's too late

[nuff]

by the way, I am 28 yo I am not rich and I invested a lot of my savings, especially I bought a lot of LITECOIN....f**k 

Why Litecoin? You should have focused on Bitcoin, Litecoin is a clone with no added value to the original.

  I bought before, but unexpectedly it continued to depreciate, I was reluctant to sell at a low price, now I have about 1000 litecoins.

You should sell your litecoins now it's actually overvalued at the moment. How much did you buy your ltcs at btw?

[carla17]

by the way, I am 28 yo I am not rich and I invested a lot of my savings, especially I bought a lot of LITECOIN....f**k 

Why Litecoin? You should have focused on Bitcoin, Litecoin is a clone with no added value to the original.

  I bought before, but unexpectedly it continued to depreciate, I was reluctant to sell at a low price, now I have about 1000 litecoins.
http://4.bp.blogspot.com/-LGfZmcoFPwk/UEujdLt5l1I/AAAAAAAAFCY/xoToE0AhiQk/s400/crying-kid-250x300.jpg

You should sell your litecoins now it's actually overvalued at the moment. How much did you buy your ltcs at btw?

25 dollars ...

[carla17]

by the way, I am 28 yo I am not rich and I invested a lot of my savings, especially I bought a lot of LITECOIN....f**k 

Why Litecoin? You should have focused on Bitcoin, Litecoin is a clone with no added value to the original.

  I bought before, but unexpectedly it continued to depreciate, I was reluctant to sell at a low price, now I have about 1000 litecoins.
http://4.bp.blogspot.com/-LGfZmcoFPwk/UEujdLt5l1I/AAAAAAAAFCY/xoToE0AhiQk/s400/crying-kid-250x300.jpg

You should sell your litecoins now it's actually overvalued at the moment. How much did you buy your ltcs at btw?

25 dollars ...

I will not say more, I’m feeling worse with more words, I don’t know whether to sell or hold for a long time, in a word, I'm waiting for a chance...

[negafen]

by the way, I am 28 yo I am not rich and I invested a lot of my savings, especially I bought a lot of LITECOIN....f**k 

Why Litecoin? You should have focused on Bitcoin, Litecoin is a clone with no added value to the original.

  I bought before, but unexpectedly it continued to depreciate, I was reluctant to sell at a low price, now I have about 1000 litecoins.

You should sell your litecoins now it's actually overvalued at the moment. How much did you buy your ltcs at btw?

Doesn't matter when he bought. Price dropped way more than 60% this month alone. Doubt the extra 10-20% difference make no different to ltc investors.

I know people who invested a lot into GPU mining when ltc peaked at around 45. They are having hard time selling the gpu now.

[seljo]

Damn I ignored more people in this thread than in Wall observer. Stay invested lol.