This feeling, when you bought your first bitcoin just three days ago for 2950 USD...
7 years ago by terrycraft (72)
$248.66
- Past Payouts $248.66
- - Author $212.80
- - Curators $35.87
197 votes
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Congrats on buying your first bitcoin. One day that bitcoin will be worth 1 million dollars!
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Just hodl to the btc its not going to drop forever.. This is the new world currency and its ment to go up.. Its aroud +220% up for a year.. Yet ether has went up 2k% for the last 3 4 months.
And steem is a slow ride but it will go higher and higher.
So don't worry and be happy.. Some people cant afford bread 🍞.
Much love Goldie 💖💕❤︎!
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This feeling when you just transfered your Bitcoin into Bitshares and Steem
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LOL :)
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Diversify if possible, "Don't hold hold all your eggs in one basket", I think that's how the saying goes.
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You undestand that all cryptos are 1 and same basket? If you want to diversify, but some gold or silver.
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Buy dips, not rips.
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time = 2:43 - 2:50
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@terrycraft crytocurrencies are very volatile. Goes up and sometimes crashes down so its a game of patience. If you buy high and the next day, price comes down then no ROI however the best thing to do is to hold long term and bitcoin prices (if all things goes well) might reach 10K by end of next year if not earlier. Another good one is etherium especially steem which will do great. I am bullish about steem, fired up and ready to go in promoting steem to more success...win win for all of us isnt it? Good guy, following you for more posts. Success.
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Hi there Terrycraft,
I understand the feeling you are talking about LOL. My advice to you is... Don't worry and be happy. DO NOT SELL! You will have to get used to the volatility in these markets as they are much more aggressive than the stock exchanges but at the same time, in my belief, there is much more upside and future in the crypto's (if chosen wisely) than in the traditional markets.
Have a read below and let me know what your thoughts are ok?
https://steemit.com/crypto/@ozz/crypto-gold-and-silver-to-the-moon-by-2020
https://steemit.com/crypto/@ozz/crypto-update-15-june-2017-bubble-crash
Greetz,
@Ozz
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It will raise again, just let the time does his work.
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It was necessary to buy much earlier :)
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Just good time to buy BTC.... will go up again!
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Hahaha, tough days, but the correction it will be nice.
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After such a huge gain correction is likely to happen.
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TWO DOOR Cinema CLUB - BAD DECISIONS
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Lol. Yeah it happened!
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but it will surely rise again.
Better have one then none
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True!
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I have the same situation with the sale :)
Looking at the price of $2990, I thought... most likely it'll break $3000 barrier. And following the psychology of the exchange, btc will go a little higher, well, let's say to 3050-3100, before down. So i will sell it on this mark...
What conclusion I can give today? I fucked up :D
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Hey Terry,
What goes up must come down, also, what goes down must come up...
You bought something, cus probably you starting believing the fundamentals... Trust your guts... :)
Looking into the future... We see a digital borderless world.... can fiat currencies make it happen... you know the answer
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Funny pics! Maybe it has also flow..
I think it will be bull's horn someday.
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It's not about me anyway, I do not have that kind of money)
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Never buy on top of green tower. If you are not sure when to buy go to Bitcoin sub on Reddit and buy when you start seeing posts like this - "I lost 40 percent of my investment and I officially quit."
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Perfectly described!
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'You guys are the dupers, I'm a dupee!'
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I agree. Hold them all because if we dont they will take it over with their endless funds.. I am SUPER long on Steemit..
@watchout2017
Domi
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dont sell below the cost.
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Don't worry. Let it sit there for 5 years and then tell me how you feel. You will be a lot more upset because you sold than if you hold. JMHO. Good Luck
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umph...shit happens.. hope everything be all right soon:)
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Why worry about the risk of investing when it is high or low? Take the risk out of it with minimal out of pocket expense. Check out www.freewith3people and learn why the risk gets removed and nobody is left behind.
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It'll go back up. Be patient.
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Crypto aint for no simp tho.
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it will hit 5000 dollars at the end of the year
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Don't panic, it will be up in few days... With emotions out of the crypto world.... :)
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lol nub
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:)
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Sell Sell Sell! Jk...just give it a month and you'll be in the green!
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😂😂😂 Funny pictures...
Don't make the same mistake people make on the stock market: buying high, and as soon they see the prices going down, they panic and sell everything losing all their money.
The principles are the same in the crypto currency world:
Hold that bitcoin, diversify, don't make any emotional investment, and most important, don't panic when the prices go down because those rectifications are necessary.
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Predicting dips in crypto space is nearly impossible. The rule "best time to buy was few years back, second best time is now" still applies. Bitcoin will go back up eventually no doubt.
I'm on a similar boat as you, I bought some more ETH at $390 and then it dropped to $320 few hours later, but I don't regret buying more.
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Don't worry. I bought my first Bitcoin (not whole one) after mtgox when the price was around $700. And keep going down and down. I was buying more and more with each next dip. Not i look the price, all this drops and i just don't care. Last i bough a litte more for like $2550 and i dont care if price drops to $2000, or $1500. Its a long therm investment if you look at it like an investment.
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