Quote:
Originally Posted by DanT
One year ago (11/15/2017), BTC closed at $7,853.68. One month later (12/15/2017), it closed at 19,345.49. Today (11/15/2017), it closed at 5,629.99. Very big swings for a currency.
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I've lost an ungodly amount of money from Jan 1st 2017 (or thereabouts when it was $19,700) to now. Just an absurd amount - at least for me. I was gambling on the long game - and I still think it could be there - but I think so many people were artificially propping up the price of bitcoin in the short term for their own gain. Once wall street got invited to the party - all went to shit.
It could have been even worse, too. I used to be invested 100% in Bitcoin - but I spread myself out a little. So many people were telling me to invest even more in alts. Still 85% in bitcoin and 15% alts but the ****ing alts have been DESTROYED even worse than bitcoin. I threw $11,000 on Binance to **** around with alts in January - it's now worth $400. FOUR HUNDRED DOLLARS. And I moved too much to Ethereum and the Ethereum price hasn't maintained as well as bitcoin. I should have just sold it all in January - was quasi rich at one time.
I guess I'll keep holding until it's worth zero
