Quote from: kokojie on August 28, 2014, 05:16:15 pm

Quote from: Maximus0352 on August 27, 2014, 11:53:01 pm

Quote from: kokojie on August 27, 2014, 11:40:06 pm

I bought a ton of Bitcoin at $11 around May 2011, and it subsequently dropped to $2. Was I screwed? 

I would wait, but I need to sell a quarter of what I bought at higher than 0.000110 before the end of the year.

Then don't invest in high risk asset with money you need by end of the year. I held my Bitcoin for 2 years before it went higher than my purchase price.

terrible advice for the lower end of the social stratum, imho.

risk is the only way to unfuck yourself.

A very interesting perspective. But I think the otherwise valid advice to 'just buy more, to reduce you're average' is even more rich.

A de be BTSX5ojucBB6NNm1MFe7etDSQEwmrNoAqRpgATC3HQTD8ohfvVGzdZ

Meda wo ase paa pa