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fryarminer
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February 03, 2015, 01:33:42 PM |
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#1, nobody got rich quick in Bitcoin. Not even the earliest adopters. They had to wait longer than you've been waiting.
i actually did but more through dumb luck than anything else ,i bought about 5k btc between 2011 and 2012 for not much i actually forget about having them at one stage because i was busy doing other things and then suddenly saw bitcoin on the news or something in the great chinese bubble of 2013 and was able to retrieve my wallet.dat files So you had to wait more than a year, which OP is unwilling to do I think I got to know about btc in the summer/autumn of 2012 and I read a lot about about it and was very impressed, coins were still in single digits and I bought them and forgot about them until maybe November 2013 when the epic rally was starting and thank god I still had the wallets, I think they were $250 when I updated my wallet and the rest is history but I still think this is really early days in relative terms and there is a ton of money to be made That's cool. See you deserve to make serious muuula off the Bitcoin trade because you believed in it when nearly nobody else did. I'm not in it for the money - I'm in it for the principle - and because I hate how credit cards and the state can know whenever I buy gum and at what gas station I purchased it on what day. And they keep a record of it the rest of your natural life. So yeah, if I make money off it some day, that part is just gravy. |
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cambda
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February 03, 2015, 02:45:55 PM |
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Yes pretty frustrating for a investor who bought at 800 to sell now, but the question is how low Bitcoin can go. I dont believe much lower, because Bitcoin is still dominant cryptocurrency and very usefull + the price of 1 BTC is now about the same as electricity cost when mining this 1 BTC.
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runpaint
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February 03, 2015, 02:53:26 PM |
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People panic. If you buy bitcoin for $1000, hold it for 5 years, and it eventually goes to $5000, then you made a good investment. It doesn't matter if it temporarily went to $200, if you were planning to hold it for 5 years anyway.
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GoldenCryptoCommod.com
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Drummer
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Activity: 14
Merit: 0
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February 03, 2015, 03:01:28 PM |
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thats why people shoudl getting btc as fast as theey want to makes some money
and grow their btc
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findftp
Legendary
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Activity: 1022
Merit: 1008
Delusional crypto obsessionist
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February 03, 2015, 03:06:43 PM |
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Try to look at it on a coin perspective.
You got way more coins now than when you started.
Why is it that people always rush to get into a store where there is a discount on goods?
When it happens to bitcoin people cry and whine.
Bitcoin can be bought on a huge discount these days. We should be happy.
Also learn from your mistakes. Don't sell when the price collapse, don't buy when it's hitting the roof. Turn it around.
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JohnsCasino
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February 06, 2015, 02:19:43 PM |
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Similar to one joins a ponzi rather late. Or just watch the movie unfold like I do.
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vennali
Legendary
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Activity: 2338
Merit: 1081
#SWGT CERTIK Audited
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February 06, 2015, 03:44:20 PM |
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People panic. If you buy bitcoin for $1000, hold it for 5 years, and it eventually goes to $5000, then you made a good investment. It doesn't matter if it temporarily went to $200, if you were planning to hold it for 5 years anyway.
I agree mate.. BTC is revolutionary..It will go back up..it is just in a slump as of now..but things will change.! |
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arieq
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February 07, 2015, 11:43:23 AM |
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People panic. If you buy bitcoin for $1000, hold it for 5 years, and it eventually goes to $5000, then you made a good investment. It doesn't matter if it temporarily went to $200, if you were planning to hold it for 5 years anyway.
I agree mate.. BTC is revolutionary..It will go back up..it is just in a slump as of now..but things will change.! Any good news to back up your opinion ? Actually we are now witnessing the death of crypto. RIP Bitcoin 2009-2015 |
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Twipple
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February 07, 2015, 11:50:28 AM |
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People panic. If you buy bitcoin for $1000, hold it for 5 years, and it eventually goes to $5000, then you made a good investment. It doesn't matter if it temporarily went to $200, if you were planning to hold it for 5 years anyway.
I agree mate.. BTC is revolutionary..It will go back up..it is just in a slump as of now..but things will change.! Any good news to back up your opinion ? Actually we are now witnessing the death of crypto. RIP Bitcoin 2009-2015 Not sure about his story, but it might actually come back up next year after the halving. Also the fall in price doesn't mean the death of bitcoins. |
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Sniar
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February 07, 2015, 11:57:35 AM |
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Give it enough time my friend, you will soon become an early adopter  |
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Bitcoinexp
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February 07, 2015, 01:17:52 PM |
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I think everything is relative. Perhaps in bitcoin's infancy now, you could call yourself a late adopter. Give it a few more years, and nobody will be able to tell the difference between someone who adopted bitcoin in 2010, 2011, 2012, 2013 or 2014. Because by then, anything could happen. Sure I get that you're regretting that Bitcoin didn't make you that millionaire or that rich dude. But I'm sure either way, Bitcoin has been and will continue to be a fun ride.  |
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