Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
MrPiggles
on 08/11/2014, 11:05:41 UTC

The point is that most traders lose money. The forum is littered with people who sold early and wished they hadn't. There may be a very select few who have sold at near a peak and bought in much lower. It isn't the vast majority of the bearish posters on here who simply wish to buy at a low price. I would say buying at a third of the previous ATH is a decent entry.


This is what I was referring to.

Most "traders" lose money and yet all the perma bears in here knew it was a steal at $10 and recognised it was a bubble at $1000... lol

I held and made money last year but I got in well over $100 per btc, I also sold a bit early in December, but I did pretty well.

I have lost over $5000 this year so far

I've invested about 6000 GBP in BTC , I'm down about 1500 GBP based on the price today.
I'm not a trader though, I'm HODLING all of my coins in the hope one day they will give me a decent cash sum.

I never meant to hold any, it was accidental. Although I was telling everyone how great bitcoin was at $2 I never thought to buy any as an investment