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GangkisKhan
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November 02, 2014, 04:18:01 PM |
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End investors have a pattern to buy at top and sell at bottom.
When this group of people finally give up and sell, then it is time to buy as much as one can.
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thms (OP)
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November 02, 2014, 04:43:02 PM |
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$0, because i went all-in back in Q3 2013, before it was cool.
so you're down 55% because the bitcoins you have today are worth less than the same bitcoins in the 1st fo january this year. Nope, that's not how that works at all. Fiat exchange price is irrelevant and of no particular concern except at the moments when we choose to exchange our crypto for fiat, or vice-versa. I'm down nothing unless/until I sell some BTC at lower price(s) than I bought them. Considering I bought all my BTC between 120 and 200$, and sold a fraction of my holdings over the course of the last year between $400 and 1,100, I have only ever profited - 200% at minimum - from my dealings bitcoin. You missed the thread title: "So how much have you lost this year by investing in Bitcoin?" so no matter when you bought last year, the coins you had on 1st of january are worth 55% less today. That's all. |
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600watt
Legendary
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Activity: 2338
Merit: 2106
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November 02, 2014, 05:04:12 PM |
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$0, because i went all-in back in Q3 2013, before it was cool.
so you're down 55% because the bitcoins you have today are worth less than the same bitcoins in the 1st fo january this year. Nope, that's not how that works at all. Fiat exchange price is irrelevant and of no particular concern except at the moments when we choose to exchange our crypto for fiat, or vice-versa. I'm down nothing unless/until I sell some BTC at lower price(s) than I bought them. Considering I bought all my BTC between 120 and 200$, and sold a fraction of my holdings over the course of the last year between $400 and 1,100, I have only ever profited - 200% at minimum - from my dealings bitcoin. You missed the thread title: "So how much have you lost this year by investing in Bitcoin?" so no matter when you bought last year, the coins you had on 1st of january are worth 55% less today. That's all. so you are saying btc went down in 2014 ? thanks for going through all this research and also for generously letting us know. |
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bronco
Newbie
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Activity: 57
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November 02, 2014, 05:07:18 PM |
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hmm I actually have 30 more coins than year ago. And family of 4 living on bitcoins all year long.
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maker88
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November 02, 2014, 05:14:13 PM |
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my initial investment of a thousand dollars got taken off the table, along with several other thousand in profit, and then i returned a small portion of the profit into coins at low 400s. those coins had unrealized gains of around $600 that i 'lost' by investing 20% of my profit from bitcoin back into bitcoin, however I'm not selling those bitcoin at a loss, and there for will not be losing those gains once the price rebounds.the reason which it will is because adoption is at an all time high and price, like it has so many times in the past, is just lagging. mostly due to intentional scare tactics adopted by whales for the purpose of accumulating more coins. if i lose it all, who fuckin cares it was free money in there in the first place.
the real question is why do you guys want to stir up negative emotions so much, such a sad lot you are.
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MrBig
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November 02, 2014, 05:24:39 PM |
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my initial investment of a thousand dollars got taken off the table, along with several other thousand in profit, and then i returned a small portion of the profit into coins at low 400s. those coins had unrealized gains of around $600 that i 'lost' by investing 20% of my profit from bitcoin back into bitcoin, however I'm not selling those bitcoin at a loss, and there for will not be losing those gains once the price rebounds.the reason which it will is because adoption is at an all time high and price, like it has so many times in the past, is just lagging. mostly due to intentional scare tactics adopted by whales for the purpose of accumulating more coins. if i lose it all, who fuckin cares it was free money in there in the first place.
the real question is why do you guys want to stir up negative emotions so much, such a sad lot you are.
The same reason people try to stir up talk of million or billion dollar bitcoins. |
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Soros Shorts
Donator
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Activity: 1617
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November 02, 2014, 05:40:24 PM |
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the real question is why do you guys want to stir up negative emotions so much, such a sad lot you are.
The same reason people try to stir up talk of million or billion dollar bitcoins. Yes, market manipulation. Don't fall for it. |
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yraskk
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Merit: 10
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November 02, 2014, 06:13:22 PM |
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Nothing luckily, I don't have a big quantity of bitcoin. I'm very sad for people which has bought bitcoin when price was 1130 $ !
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JLelas
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November 02, 2014, 07:29:49 PM |
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A lot, half of my savings. I feel like a total loser because I got fooled by bitcoin proponents who were saying $1000 is cheap, it would go to $100 000.
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dropt
Legendary
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Activity: 1512
Merit: 1000
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November 02, 2014, 07:37:43 PM |
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A lot, half of my savings. I feel like a total loser because I got fooled by bitcoin proponents who were saying $1000 is cheap, it would go to $100 000.
It's all relative. $30 coins looked expensive as hell when it went down to $2. How do those $30 coins look now? I'm not saying that BTC will ever be $100,000, but you never know what's going to happen. I never thought it would hit $1,000, and if it did, it would be after 10 years. Looks like I was wrong. |
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NotLambchop
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November 02, 2014, 08:00:23 PM |
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A lot, half of my savings. I feel like a total loser because I got fooled by bitcoin proponents who were saying $1000 is cheap, it would go to $100 000.
It's all relative. $30 coins looked expensive as hell when it went down to $2. How do those $30 coins look now? Like you should have sold @30 and re-bought @2? You would have been fifteen times wealthier. That's what speculation is all about  I'm not saying that BTC will ever be $100,000, but you never know what's going to happen. I never thought it would hit $1,000, and if it did, it would be after 10 years. Looks like I was wrong.
If you "never know what's going to happen," you're not investing, you're gambling. The same "never know what's going to happen" reasoning drives the poor to spend their welfare checks on scratch tickets. You never know, a buck could get you a million, amirite? Did you at least sell some coin close to the top, or ...are you still hodling? |
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erre
Legendary
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Activity: 1666
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November 02, 2014, 08:54:30 PM |
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A lot, half of my savings. I feel like a total loser because I got fooled by bitcoin proponents who were saying $1000 is cheap, it would go to $100 000.
I buyed @ 1000 with 1/3 of my uninvested savings. Thanks god, they were not so much |
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venlo
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November 02, 2014, 09:05:02 PM |
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handkerchief here:  |
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bassclef
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November 02, 2014, 09:09:53 PM |
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If you're worried about your investment you invested too much. If the volatility is making you stressed, maybe come back in a few years when things have stabilized.
Sorry to be blunt, but the market has a way of weeding out dumb, greedy investors. It takes far more brainpower to understand the protocol and it's potential value in the future than it does to throw a stupid amount of money at something you've done nearly zero research about besides reading "to da moon" posts.
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600watt
Legendary
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Activity: 2338
Merit: 2106
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November 02, 2014, 09:25:03 PM |
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A lot, half of my savings. I feel like a total loser because I got fooled by bitcoin proponents who were saying $1000 is cheap, it would go to $100 000.
so far, all the prevoius ath turned out to be cheap in the long run. why would the last ath be the first one where this will not be the case? because of the hundreds of millions of vc capital invested ? because of pay pal, dell, expedia,... ,... and all the other mainstream actors adopting it ? (and all the other great developments that took place in/towards the btc economy, that happened since the april 2013 ath) bought my first coins right on top of 2011 bubble. i had to wait almost two years to break even. but now even those coins have 10folded. i suggest patience. |
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b!z
Legendary
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Activity: 1582
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November 02, 2014, 09:54:19 PM |
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Not enough.
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TaunSew
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November 02, 2014, 09:58:30 PM |
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Back in 2013 Bitcoin was too big to bring any ROI anytime soon. Hypothetically the most ROI left in Bitcoin is maybe 1000x. This is compared to the earliest adopters who have seen 450,000x return (people who bought or mined in 2009 when it was fractions of a cent) and if Bitcoin did go up another 1000x then their return would be 4.5x million.
Bitcoin rich get richer and they've assumed no capital risk. $20 - $200 investment in 2009? That's compared to people who've drained their life savings or reverse mortgaged their homes and are now left holding the bag.
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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zakalwe
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November 02, 2014, 10:26:52 PM |
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Considering bitcoin was $740 on 01/01/14
and today is: $340
The real question is what the hell are you doing in this forum? Another worthless troll.....get a life boy if you don't believe in cryptos go out and do something worth. Anyway, boy, let's come back here in one year. For people who bought at 1000 and sold at 300: I'm sorry for you of course but you should have hold. This is a medium term target investment or the best way to buy and tranfer value. You sound like someone who bought too high. With bitcoin you need the balls to sell HIGH and buy low. There were lots of rebounds this year to Profit from. And yes, if you bought @ 1000 and didn't sold till now, you should hold or buy more. But don't expect that you will be in a Profit Zone soon. Mr. Branson, I got in firstly in 2011 (with about 1000 dollars) and in september 2012 I got in a little heavier  . Bitcoin was at 10,20 dollars. Crypto gave me 1 house, 2 cars, 1 pub, another investment in a society and 6 Titans (which, besides, I have just received, hallelujah hallelujah!) I wouldn't say I bought too high. Certainly I could have sold higher but believe me I am totally satisfied. When I read troll boys I understand that they try to get in at good prices or maybe they are payed (don't think much) by some banker. But I think this forum and cryptos in general should somehow get rid of this rubbish. And frankly speaking I'm too old to bear these behavior. Go to school BOYS, you need to grow up a little more. Thank you. |
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zakalwe
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November 02, 2014, 10:29:52 PM |
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A lot, half of my savings. I feel like a total loser because I got fooled by bitcoin proponents who were saying $1000 is cheap, it would go to $100 000.
so far, all the prevoius ath turned out to be cheap in the long run. why would the last ath be the first one where this will not be the case? because of the hundreds of millions of vc capital invested ? because of pay pal, dell, expedia,... ,... and all the other mainstream actors adopting it ? (and all the other great developments that took place in/towards the btc economy, that happened since the april 2013 ath) bought my first coins right on top of 2011 bubble. i had to wait almost two years to break even. but now even those coins have 10folded. i suggest patience. +1 |
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Robert Paulson
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November 02, 2014, 10:35:31 PM |
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Considering bitcoin was $740 on 01/01/14
and today is: $340
http://research.stlouisfed.org/fred2/series/BASE/if you see this and your not in gold/bitcoin you are a naive fool and deserve whats coming. enjoy your printable papers with pictures of dead presidents on them, i hope you can burn them to keep warm in winter. |
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