Post
Topic
Board Bitcoin Discussion
Re: How much have you lost for bitcoin just because of stupid
by
Masonwilliam
on 25/01/2018, 07:07:23 UTC
I had been hodling my BTC since I bought in at $24 per back in 2013. No selling off, no weak hands. Buying in was just a very lucky move rather than any great insight.

However, six weeks ago at the beginning of November I was seduced by the talk and the prevailing sentiment of a coming "flippening" over on r/btc. Consequently, when the price of Bitcoin began to drop, I was foolish enough to believe that the r/btc guys might be correct -- that the future would be Bcash and that legacy Bitcoin was heading into a death spiral. I sold all my Bitcoin at $5,600, and bought Bcash at $2,400. Double whammied.

I have decimated my assets by a very considerable amount by listening to a bunch of shills and fools -- some of whom I now realize to have had a devious agenda. I am now preparing to sell this Bcash at $1440 and buying back into the real Bitcoin at $12,500. I cannot believe that I have been such a clown, and am feeling quite butthurt about my idiocy. I have destroyed my wealth by listening to fools.

I post this only as a cautionary tale to anyone else who might be duped and deluded by the counsel and "advice" over at that toxic dump that is r/btc.