Raisa263616 (OP)
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February 03, 2018, 05:32:46 PM |
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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.
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Bytem3
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February 03, 2018, 05:36:46 PM |
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Don't panic. Bitcoin will recover in time, just hold for at least a year and it will be all good. I would also recommend you to diversify and not keep everything in Bitcoin. You should add Ethereum and maybe some 3.0 blockchains such as Aion and Aeternity. More risk there but higher reward.
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btcwish1
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February 03, 2018, 05:39:24 PM |
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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.
Just wait few more weeks. DO NOT sell in loss out of panic. I know it's very hard when you see the price is dropping like free fall. Just be patient and wait few more weeks.
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ali8ali
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February 03, 2018, 05:53:32 PM |
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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.
Man it's sick to sell land to buy btc.. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Just don't panic and HODL.. Hope your investement will rise ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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mk4
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February 03, 2018, 06:03:33 PM |
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It's simply either: - You sell, if you think the price will not go back up and if you need the money immediately
- Yo hold, if you think the price will go back up in the future(no matter how long), and if you're patient enough to wait
..and when you said "land" I really hope you mean an empty lot that you own, and not your actual house.
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Bonsaiav
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February 03, 2018, 06:07:02 PM |
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What you do is something very risky, i hope you don't sell as soon as possible, given the lower bitcoin price. You need not be afraid or worried about this condition, you should be optimistic that bitcoin will return at its peak this year. All you have to do now is to hold it. I think, that way is the best way.
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bitbunnny
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February 03, 2018, 06:08:12 PM |
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I often see here people who are selling a house, car or now land to buy Bitcoins. I'm not sure this is the most clever idea, because like in every investment you should buy Bitcoins with extra money that you don't need. But now since you have already sold the land, don't do another reckless move. Don't sell Bitcoins but hold them long term. With time the price will eventualy go high and you will not having losses.
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ladydark
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February 03, 2018, 06:08:53 PM Last edit: February 05, 2018, 02:31:39 PM by ladydark |
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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.
Just hodl.Have patience.Don't ever follow the market FUD as they would discourage you and make you to sell.This fluctuation is a common phenomenon in bitcoin and i have been witnessing it here for the past two years. If you had bought bitcoins in the price dip, then it would had been a far good decision even by selling your home.But you had bought it when its price was at the peak.But still you have some patience, then you could reap good profits.
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syaripudin
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February 03, 2018, 06:14:22 PM |
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now is the perfect time to store as much bitcoin as possible and you are very brave of the speculation that you are doing by selling all your land just to make an investment with bitcoin. I think it's just a matter of time and it seems like you are waiting for the time when the bitcoin price is rising again and of course I salute you good luck will be on our side especially for those people who still keep their bitcoin assets.
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sharted
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February 03, 2018, 06:15:37 PM |
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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.
Just hold your bitcoin . Bitcoin is the one of the best asset I had ever seen.You had brought a bitcoin at very low price.Just hold your bitcoin till this month end.The proce will reach the value of 15,000$,so you will get huge profits in the short period.If you are not need of money,just hold the bitcoin till this year end.You will get double of profit.
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bitcoin20
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February 03, 2018, 06:16:51 PM |
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I think buying BTC with selling land or house is not correct way. if some wallet hacked, do you know what do you do? so do not sell any thing fore buy BTC there are other ways to buy it
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avikz
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February 03, 2018, 06:22:48 PM |
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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.
So basically you have sold out a tangible asset to buy an online asset. I am sorry to say but, the idea is foolish and you shouldn't have done this. Land investment is considered as the safest investment in the world unless it is in problematic countries like Pakistan, Afghanistan, Syria or similar places. People are considering to buy land from their bitcoin earnings and you have done exactly opposite. Now you can do two things, either hold or sell. Now your decision depends on your current financial situation. If you have a steady source of income and you don't need to think much about feeding your family, keep holding the bitcoins because this current phase is temporary. The price is bound to go up again and you can recover your losses at a later date. The only uncertain factor here is that, no one knows the date for sure. SO it might come after 2 weeks or after 2 months. So if you and your family are not dependent on your bitcoin income, keep holding. But if you and your family is dependent on your bitcoin income, there is no other way than selling. But I will suggest you not sell off all your holdings. Just sell whatever you need to sustain yourself for few weeks. The more you can hold, the better for you.
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menggay16
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February 03, 2018, 06:29:06 PM |
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Perhaps you get the risk of selling your property. As you did it you probably know its affiliate risk. As you've done that and trust Bitcoin it can be in justn a short period of time you may be able to re-purchase that property or you can buy another properties for your jobbery, maybe that's your decision to get your life going in the future.
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AngelSky
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February 03, 2018, 06:29:50 PM |
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This is simply stupid decision you have done. Buying bitcoin is wise idea but selling the land and doing that and all too much. Please possible get the land back bro. I am also holding more than 1 bitcoins as of now. I am waiting for the project lead to review me and accept that. Hopefully I do more bitcoins with that. But personally this is ridiculous decision you have taken.
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bitcoinman93
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February 03, 2018, 06:32:29 PM |
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Be patient. You have gone from safest possible investment - land - to probably the most volatile market - cryptocurrencies. But no need to panic, it's very likely bitcoin is going to gain the value back and perhaps much more than that. My personal expectation is $20k by the end of this year, $50k by the end of next year. I think you will be happy with your investment at the end of the day.
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Ashe-J
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February 03, 2018, 06:39:36 PM |
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If the land value rise to 30% @2020 , Bitcoin will reach 800% at least
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kinzey
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February 03, 2018, 06:47:09 PM |
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Don't panic. Bitcoin will recover in time, just hold for at least a year and it will be all good. I would also recommend you to diversify and not keep everything in Bitcoin. You should add Ethereum and maybe some 3.0 blockchains such as Aion and Aeternity. More risk there but higher reward. I know you got a lot of advise already and i will say it again. Do not sell if you are at a loss. Just hold and wait. There is to many news that is bringing btc price down and people are already panick selling. Just wait for at least 6 months
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Rubick99
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February 03, 2018, 06:49:16 PM |
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If you guys want to trade just use free money. You know the risk, can make someone get fast to rich and fast to poor. And if you ask what should you do, the answer is just hold. Don't waste your money
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anitaraymonds
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February 03, 2018, 07:01:55 PM |
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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 on the worst is over, Bitcoin will bounce back and move for uptrend will soon happen. Do not sell off in panic then you will lose your money.
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Galina12
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February 03, 2018, 08:22:55 PM |
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It was not worth selling the land.But don't panic.Keep what you have and wait patiently. It is not the best time to sell bitcoin. Its perfect currency for long term investment. After christmas the rise will beginn from new.
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