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bitcoin has been rising to 400% and then falling to 50% in a pretty solid rhythm for a long time, and i'm kicking myself hard for not buying back when it was at
by gr3yh47 9y ago
bitcoin has been rising to 400% and then falling to 50% in a pretty solid rhythm for a long time, and i'm kicking myself hard for not buying back when it was at 100 and then crashed to 50
- hackcasual 9y agoMight have lost it all due to an exchange going belly up.
- koolba 9y agoI was thinking the same thing. Short of DIY cold storage, there's quite a bit of holding risk. Even cold storage has the risk of being held at gunpoint to transfer it over. It's akin to having a bunch of cash/gold buried under your basement. If anybody knows it's there, you better be ready!
- hackcasual 9y agoOr you just have a HD die on you. Or it gets lost in a move.
- deleted 9y ago[deleted]
- louprado 9y ago> and I'm kicking myself hard Please don't do this. Don't look at two points on a chart, the low and high, and think your the one in a million person who would have traded at those points. That type of thinking fuels bubbles. With a speculative and volatile investment, you either get out immediately when it starts tanking or you take your 2-3X return and consider yourself smart and disciplined.
- deleted 9y ago[deleted]
- jandrese 9y agoI remember back when it was trading for pennies and you could reasonably mine with an AMD GPU. I thought it was all one big scam and would collapse any time now. I hadn't considered that drug dealers would keep the market going. I did correctly identify that most of the exchanges are incompetent and/or corrupt though. I wonder how much Satoshi is worth these days in BTC? Didn't he mine up a whole ton of coins back when it was trivial?