Well my friend. I have learned my lesson and will be making damned sure this never ahppens again, and if I can prevent it, happens to anyone I talk to. Not a day passes that I don't think about this.. I could have had over 100K, could have paid all my debt, and invested that to potentially become a millionaire. But now, I barely have 0.02BTC... Fucksakes.

Meh not really. The fact  that I got greedy and sold for, even though small in comparison, a big profit, really makes me loathe myself for being naturally impulsive. I was though, at the time, unaware that IPO's could almost always yield nice profits, as that was my first ever IPO, so I thought "Hell, I spent 50$, and make 2,500, so that is all good"> Never dawned on me that the day after NXT came out the price would be 2000% lower than if I had waited a month...

Wow, that must have been tough to think about.  Thank you for sharing and giving good advice.  

I think the days of huge turn arounds in 1-2 months are over, but that there will still be very big payouts for people that are holding IPO's and hold for 1-2 years.  That is my philosophy.  It is hard right now just watching the prices slide or do nothing, buuuuuuuuut I think during the next Bitcoin boom there will be a lot of interest in these IPO's. Some will make it, and some will die, and that is why I am watching them closely and trying to invest a little here and there in what I think is the most promising.  

For me of course NXT still looks good.  After that it is clearly NEM.  

I really see NEM doing some exciting things in ways that haven't ever been tried before.  I think the official launch is coming out in a few weeks, but the alpha is already better than most other coins that have been out quite a long time.  They have already open sourced the community client too.  Who does that?  No coin that I know of has shown some of its code before the launch even.  Most of these start-up coins hide and hide their code.  Third party paper wallets, third party client and other third party apps pre-Genesis!  I could go on and on with other exciting developments.

I will be excited to look at Ethereum and Emunie "IF IF IF" they ever launch.  Both are doing some pretty interesting things and taking cyrpto and/or blockchains in a cool direction.

Ripple, Stellar, Node, Crypti, and eXo are on my radar but so far it have been underwhelming.  

Lastly, I think some good IPO's aren't just about coins anymore.  Things like Maidsafe and Storj sound very interesting (uncensored news in China anyone?)  Other things at NXT like Supernet and Jinn have also caught my attention, and while they aren't necessarily coin IPOs they are related to crypto.  

So yeah, I think some of these things mentioned will die, but if even one of them makes that $50 into $100,000 that happened to you, and even if it takes a couple years instead of a couple of months, it will surely be worth it.  

+1 for the long term hold

Shit happens. Get over it, move on. Do it now. I am not unsympathetic but if you keep dwelling on this,you are virtually certain to miss the next opportunity. I have prior here

Hind sight is always so clear...

NXT sounded too good to be true. So when you saw that it was real and actually existed you shouldn't have sold(of course you know this now and this is the point of the thread).

But most IPOs turn out to be shit. I think people should be more likely to sell them as soon as they can rather to hold them. NXT was a special case as it was touting itself to be a game changer. Most IPOs are not ambitious as NXT was.

Look at the IPOs that we've seen recently - Craigscoin? Craigslist on the blockchain? Who gives a shit. Archcoin? "The Profit Network"? No comment.

If a project is really attempting to build a next generation crypto like NXT was, then yeah, you should probably hold it. Especially hold it if you see that the project is not just vaporware.

The last IPO I can remember that actually seems to be doing good things is VIA with their counterparty alternative. And the fact that they have Peter Todd coming out with his research like he did recently benefits everyone. Was very happy to read that when I saw it. I've never bought any IPO though including VIA, and I don't own any VIA but I'm happy that good things are coming out of their project.

Storj is another one actually. And Ethereum. So yeah, I guess there are a few. As long as people can tell the difference between a Storj and another one of Bittrex's flavours of the week, then putting some money down on good projects could be a good thing. Personally I don't think it's hard to tell when a project is shit, but obviously that's not the case when hundreds, or even thousands of BTC get funneled in to all these Bittrex IPOs.

If another IPO comes out promising things like NXT did on that sort of wildly ambitious scale, I might consider buying a little bit  if the people behind the project seem sincere. But if you're the type of person who can't tell the different between a NXT type of IPO and the next money grab, then just don't bother and save your money is my advise.

bro, I sold a bunch of btc @ 80 bucks. I also lost a bunch of coins on gox.

Although I did have bills and debt at the time to pay off.. so it is somewhat justified.

My point is, this kind of thing happens to everyone. I coulda made like half a million dollars, or more off bitcoin if I would have known what I was doing.

There is no option but to move on. You have to let go of the pain and the "what ifs".

Look at it this way. There will be more opportunities to score big. I personally believe that Bitcoin is going to go through another 100-200x price rise in the future.

All you can do is move on and try to stock up on as much BTC as humanly possible before the next big wave.  

this is nothing to beat yourself up over. you made a nice profit and sold. thats almost always the smart thing to do.

just a note, I'm currently working to out the NXT SCAM.

these people have been harassing me and threatening me non stop for weeks.