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Author Topic: I was bought some bitcoin by sell my land  (Read 1794 times)
thenameisjay
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February 12, 2018, 10:44:41 PM
 #161

I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.

Hold and don't panic. That's going to naturally happen since the hype for bitcoins have come down and all the hype buyers before are panic selling the moment they see a price spike. So don't give in to panic selling. You'll eventually lose the value of your bitcoins and your money once you do so.

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February 13, 2018, 08:44:33 AM
 #162

That was a bold move. Prices are now on rise again. Hope you didn't sell these coins!
Selling at such low price is not feasible for you. In this case as this brother sold his land to get bitcoins, he must deserve a huge pump for his profits. This is inspiration for many of us who are always complaining about the chances. Opportunities should be found in an environment and if you couldn’t find them, create one. For others and yourself, help bitcoins to survive this new era of world.
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February 13, 2018, 09:02:00 AM
 #163

I don't think you should panic, don't sell your bitcoins. Now South Korea has reopened bitcoin transactions. What you need to do now is wait patiently, bitcoin has stopped falling and it will soon return to normal.
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February 13, 2018, 09:10:03 AM
 #164

So essentially, you have shifted some of your wealth from one asset (real estate) to another (crypto-currency). A few things needs to be considered here. The first is the risk involved with this move. Obviously Bitcoin is much more risky, when compared to real estate. Secondly, when you are selling your land, it involves capital gains (probably long term). The tax implications from this capital gains also needs to be taken to account.

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February 13, 2018, 09:46:29 AM
 #165

I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.
the first time before singing such an action means you have to be ready with all the risks. especially the current situation. ie bitcoin prices are still down.
one of them the road that agan must be patient and wait until the price of coin agan buy up again hargaya. and do not panic with bitcoin prices that are still down .
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February 13, 2018, 09:47:55 AM
 #166

I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.

Hope you won't commit suicide when you see a price drop of Bitcoin, I really hope that you knew what you were doing after you have done that.
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February 13, 2018, 09:50:10 AM
 #167

I hope you will do well in the near future! You are a very brave person to sell property for bitcoin!
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February 13, 2018, 09:53:01 AM
 #168

I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.
Did you actually sold your property to purchase bitcoins? If yes, then you made a mistake. Each cryptos are good but none is worth investing by selling a property. But as you have now purchased bitcoins you can just continue holding them as the price will surely just get back soon. I would like to suggest you to think twice before you invest into cryptos. They are good to earn profits but even they are subjected to market, financial and legal risks which can lead to heavy loss sometimes.
leexhin
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February 13, 2018, 10:02:49 AM
 #169

Don't panic just hold your bitcoin and wait for it to recover,
You would only make it worst if you would sell all of the bitcoin that you bought you would lose the money because you sold it while it is at a low price and didn't wait for it to recover.
For me if you are telling the truth it is really reckless to sell your property just to invest it .
There are some old sayings that you should only invest what you could afford to lose.
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February 14, 2018, 10:05:14 AM
 #170

Buying bitcoin by selling land is very risky because sometimes bitcoin shortages sometimes go down, I'm not sure this is a good idea, but you've sold the land to buy bitcoin.
I suggest you hold your bitcoin because now the bitcoin price is down again, wait until the end of the month for the short term, if you do not need enough money to hold it until the end of the year, you will get your kentungan.
If we look at the chart of prices of bitcoin from the past years since it was introduced, it rose up to an extraordinary high value. It lead the crytocurriencies world for many years. Now if someone just sold its land to buy bitcoin, I don’t think he has made a decision which he is going to regret after some years. Because of the fact that the values of bitcoin showed an increase of about 200%.

I appreciate the decision that man made to sell his land and I don’t think he will be in loss, all he has to do is to wait while the prices are to the top again.
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February 14, 2018, 10:36:47 AM
 #171

I do not think it should be done that will burden what we have to buy with our ability not to burden the family finances. If buying coins by selling our land is very dangerous Smiley Smiley
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February 14, 2018, 11:33:32 AM
 #172

I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.

That was a very bad decision, exchanging your land for bitcoin. But as it is, it's already done and you are now facing the consequences of your action. There is really nothing you can do but wait. The rapid drops are partly the result of continuing fears about regulation. Its value tumbled spectacularly at the start of February, falling from $10,000 to $6,000 in four days. However, it now appears to be stable.
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February 14, 2018, 12:16:46 PM
 #173

You are a desperate man. To sell your land and buy bitcoin is a very responsible decision. I hope you have a home in which you live. Because if you all in, it's very risky. Of course, the price of bitcoin should increase, but I do not know the price at which you entered the market. If it were about 20,000, then probably it will take a little longer. I would not dare to do this.

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February 14, 2018, 12:34:52 PM
 #174

I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.
It's silly to sell the land and buy bitcoin. At the extreme you can borrow. Why sell one and buy another. You can leave the ground and buy bitcoin.
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February 14, 2018, 12:49:18 PM
 #175

I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.
I don't think it's a wise thing to do. Selling your land to invest in bitcoin is a gamble. I've seen people sell their homes and invest in bitcoins, and when the price of bitcoin crashed, he lost a lot of money and was homeless. I wish you good luck
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February 14, 2018, 12:57:45 PM
 #176

This case is so common in the term of crypto currencies prices. Volatile is the main word of this crypto currencies world that describe every prices of any coin in this world of cryptocurrencies. you need to chill and read many news that bitcoin has business into it. read every possible reason why this coin could going down. either than that, what you need to do is sit on the couch to watch news on tv or you could do your other business. keep HODL
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February 14, 2018, 12:58:54 PM
 #177

My friend you are very brave, I admire you very much.

Don't worry about price volatility. The price of bitcoins is slowly growing. Bitcoin fluctuations are normal when you have to take your bitcoin.
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February 14, 2018, 01:10:03 PM
 #178

I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.
When exactly did you buy BTC? When it was at its highest?Then you can only regret that you hadn't wait and bought it now. If you bought it in the middle of falling you did just the right thing. Anyway, good for you, don't worry, it may increase by 10 times till the next year, just don't sell no matter what.
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February 14, 2018, 01:31:49 PM
 #179

I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.

Do not worry, bitcoin will grow. You are very much at risk. I would in your place share profits, half in bitcoin, half in USD. And do not forget to deduce the profit over time.
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February 14, 2018, 02:13:39 PM
 #180

I suggest you to hold the currency a year or longer, if the currency has been rising, so it may really be a bubble, the real investment is rise and fall, hold your COINS for a long time, should not let you down.


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