Post
Topic
Board Beginners & Help
Re: Did I screw up?
by
CodyCot
on 12/04/2013, 15:58:42 UTC
Good investment, you did the right thing and waited for the bubble to pop before buying. Much much better than the people who bought at 200 or 250  Cheesy

Now? Just hold.

Thanks for the reply, I'm glad a 'high ranking' member of the forums saw this.

Do you personally believe that it will bounce back within a month or so?

Despite multiple DDoS attacks to the exchanges and following a major crash (THE major [1st ever] crash) - it's been remarkably stable past 1/2 day.

In the $70's @ BTC on most exchanges.

that's a good sign.
Personally, I'd keep a close eye on it and ride it out a bit longer, as exchanges harden their infrastructure and people are feverishly coming up with new creative ways to push BTC forward, following the crash (i.e. getting inventive with many people drafting P2P Exchange protocol https://github.com/p2p/bitcoin-exchange and actively SOLVING problems that caused the crash / ensuring the stability / viability of the currency)

Yes, I have been watching and waiting for a number of days now. I've added a widget onto my smartphone and have been checking constantly.

I was thinking of adding more money into my account and purchasing more if they drop lower, but I will have to wait until Monday as the site I use wont be able to process it until then! Grrrr!