Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
dyland
on 05/10/2014, 02:28:44 UTC
Well it was an interesting ride--learned a lot, and hopefully spared from future speculations that would have gone bad.

Will still have my eye on BTC, but full fiat now.

--2011, the year I learned about BTC
--2014, the year I bought and mined BTC, but obsessed about it, lost money, etc.

Perspective is a funny thing.

"Perspective is a funny thing"

and if you give it a few more years....(you do not have to obsess about it) and then the perspective may be totally different again.

--2016 Things got interesting.
--2017 xx

--2022 HOLY shit! (x,y,z good bad )

etc

How did you lose money if you do not mind me asking? through mining equipment/ not hitting ROI or are you talking unrealised as of yet loss?  did you hold from 2011? are you sitting on profit now?

or do you more mean you think

--2015 RIP?

 

It's OK. All in all lost between 7-9k between buying on the downtrend and buying mining equipment with BTC and cash.

This loss is realized.

I did not buy in 2011--was thinking about investing around 2k then, but of course it seemed very risky and ethereal at the time to me...

Like I said, perspective is a funny thing.

I make twice as much, however, as I did in 2011 through a couple promotions, so there's solace in that.

I'm not necessarily out of BTC, but I just don't see up from here, and I'd rather cut loss/feel safer on the sideline than hold ATM.

There seems to be tremendous pressure from all sides for the near term with respect to selling.