Bitcoin Forum
May 03, 2024, 09:10:57 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2018-02-06] Welcome to the Rollercoaster: BTC Price is Rocketing Again, This Ti  (Read 100 times)
Vladdirescu87 (OP)
Sr. Member
****
Offline Offline

Activity: 966
Merit: 264



View Profile
February 06, 2018, 09:10:49 PM
 #1

A series of black swan events made Bitcoin’s price fall to its lowest rate in the last 12 weeks. Coindesk showed it at an amount of $5,947. Seems catastrophic enough after its over $20,000 price at the end of 2017.
It seems the year of the dog isn’t favourable to Bitcoin at all, as it is all bad news for it so far.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/btc-price-rocketing-downwards/

1714770657
Hero Member
*
Offline Offline

Posts: 1714770657

View Profile Personal Message (Offline)

Ignore
1714770657
Reply with quote  #2

1714770657
Report to moderator
1714770657
Hero Member
*
Offline Offline

Posts: 1714770657

View Profile Personal Message (Offline)

Ignore
1714770657
Reply with quote  #2

1714770657
Report to moderator
1714770657
Hero Member
*
Offline Offline

Posts: 1714770657

View Profile Personal Message (Offline)

Ignore
1714770657
Reply with quote  #2

1714770657
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714770657
Hero Member
*
Offline Offline

Posts: 1714770657

View Profile Personal Message (Offline)

Ignore
1714770657
Reply with quote  #2

1714770657
Report to moderator
Qartersa
Hero Member
*****
Offline Offline

Activity: 868
Merit: 535


View Profile
February 07, 2018, 07:21:09 AM
 #2

I want to emphasize to you the fact that saying we have lost a huge amount of our investments is inaccurate in the sense that we have not yet even realized such investments. Those are merely paper losses until we decide to cash it out, and sell it at discounted price from its price when we bought the same. As for now, to the majority, I think it is still all good especially when you came in when prices are a little lower than its price today. Real loss only comes when you sell at discounted price, and it is not so much on the price of Bitcoin. I suggest you jot down the amount you bought your Bitcoins in, and the time you bought it. Then, compare such to the present. That way you have a baseline to see if your are either winning or losing. But then again, it is not conclusive UNTIL you cash them out.
miakama
Newbie
*
Offline Offline

Activity: 69
Merit: 0


View Profile
February 07, 2018, 10:21:51 AM
 #3

I want to emphasize to you the fact that saying we have lost a huge amount of our investments is inaccurate in the sense that we have not yet even realized such investments. Those are merely paper losses until we decide to cash it out, and sell it at discounted price from its price when we bought the same. As for now, to the majority, I think it is still all good especially when you came in when prices are a little lower than its price today. Real loss only comes when you sell at discounted price, and it is not so much on the price of Bitcoin. I suggest you jot down the amount you bought your Bitcoins in, and the time you bought it. Then, compare such to the present. That way you have a baseline to see if your are either winning or losing. But then again, it is not conclusive UNTIL you cash them out.

I do not lose any investment as I did not sell in the last two months, and in fact I have bought more bitcoins. So I have more bitcoins and Bitcoin Cash as well.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!