Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Losers
by
kibblesnbits
on 11/06/2014, 13:58:44 UTC
Anyone else feel like one of the bitcoin losers? We hear a lot about all the winners, now including some 15 year old child, but very little on the currency's losers. I got swept up in the mania last November and dared to invest my life saving into purchasing 1 bitcoin, just as it was near peak. That turned out to be a terrible purchase for me as the value dropped since, so bitcoin has only ever lost me money. Anyone else in my boots? I'd still like more bitcoins but going on my past 6 months my confidence and trust in this new currency has been shattered.   Cry
Seriously, people like you shouldn't invest. EVER. IN ANYTHING.
You put money you really need in an asset that is highly speculative.
Now, you cry, because you are not a millionaire after 6 months.

6 months are nothing for an investment.

Exactly.  Life savings? Holy shit, man! Unless you're a teenager living at home, no one should invest their freaking life savings in anything!  Well, the eggs are all in one basket now, you really don't have any other option but to hold.  I would suggest selling as soon as you break-even, if you're lucky.