Quote from: JayJuanGee on August 13, 2014, 09:37:05 PM

Quote from: rpietila on August 13, 2014, 11:17:46 AM

And more - many are ready to invest, but think they are so smart as to be able to catch a bottom. Sometimes they manage pretty well, cf. my first buy at $3 after my decision to invest was already made before the spike to $32 but the price just wasn't right for several months.

Did you sell and buy back in again after the spike when the price was in the $20s or $30s? or did you just ride it out and then sell later... I recall you sold at various points maybe in the $100s and in the $600s, no?

I thought about investing a few months, and when decided to invest, the high price delayed it an additional few months. Bought in starting at $3 and made my first meaningful exit at $675, trading here and there.

Currently I am more interested in Monero, though. Monero makes me feel like Bitcoin in 2010, tons of potential and a $6MM market cap. I actually was there so I can compare the feeling. It will become really big, 1000x gain just to match what Bitcoin is now.