felling depressed for holding bitcoin :/

[Getmon]

i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
 now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???

I notice that so many people are entering Bitcoin without really knowing its real score. Did you guys even check the history of Bitcoin's prices before buying your own BTC? Please do so because it will educate you a lot.

I hope this is the last time that you ask about this. Do not sell if you are losing. And do not worry if you are losing in terms of Bitcoin value. It will not be there permanently. It will go back to its previous high price and even beyond. 

[1715262514]

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[BETAWI]

i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
 now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???

You only lose money when you sell. You have to remember that, to prevent you from losing money in the future. If the price goes up to $20 000, later this year, then you might say that you made a profit of $8000. <Once again if you sold it>

Unfortunately we cannot tell you what to do with your investment. A lot of people was in the same position last year, because they bought coins when the price was high and then they held on to those coins and was rewarded with a 800% profit on their investment.

You have to decide, Sell now and lose money or hodl and possibly make a huge profit. 

Ok.That is a good opinion. Here, allow me to give you my advice. You can sell all or some of  your bitcoin and buy again at lower price or you must be patient to wait until price recovers. Holding your coin may take a long time but you must be able to face it. Be optimistic that price will recover soon and you can get profit in the coming months. Selling your coin today, you are loss but buying again at lower price, you can expect profit later from this new transaction to cover your previous loss.

[nurilham]

I would save it for another six years and see if you can, profits can maybe increase.

six years long. while waiting for the time to come, my suggestion is better you save little by little for your saving more and more. do not waste your time, make the best of it. buy when the price is cheap and save is the right time to increase your savings.

[cemburu]

Trading with Bitcoin does have a risk of loss due to its unstable price.
You should still keep your Bitcoin because in the future it will probably be high prices and can replace your losses in the past when selling BTC.
You need to be patient and do not panic selling.

[Ken_1102]

Relax and be patient. You have to abstain looking at the value of bitcoin because you are just hurting yourself day by day. What you need to do is set your goal at the end of the year. At that time try looking at the value of bitcoin. If it does rise then you get a profit for waiting, if not then wait for another year. Just don't sell it yet if it is below your invested value.

[mely07]

Hope you know brother the number one rule in trading specially in trading crypto. "put only what you can afford to lose" cause stress will kill you cant. yes there is a big possible to gain big amount of money in crypto but if theres a big of chance of winning there is also big percentage of losing your money, thats crytpo life, accept it, relax, take a break and think for long term. goodluck.

[pushups44]

Why do people who cannot afford to lose money invest in cryptocurrencies? This is stupid. If you cannot stomach volatility, invest in gold. Bitcoin is not for the faint of heart.

[Aryadwipanggah]

i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
 now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???

with the condition stuck in that price I think there is no other option to be patient waiting for the price to rise again, while if you sell it on make sure you will incur losses and now slowly bitcoin prices start to go up

[cryptoblue77]

Have patient. You don't need to feel depressed. Holding bitcoin for long-term is always very profitable. The market wouldn't remain down forever, It would recover soon and may pump hard again.

[Hallmader]

i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
 now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???

HODL! This is my only advice to you. If you sell, that is the end of the whole story. Do not do that because you will only cut prematurely the ride of your portfolio. You are not giving it a chance to get back and recover. Stay patient because your portfolio is safe with Bitcoin. Your heart is not needed here. Your head is the one that is necessary. Leave your heart from any of this and it will heal... along with your portfolio.

[jeepuerit]

Yes, it's a bit depressing to hold Bitcoin because you do not know how long it can be, it's difficult when Bitcoin is down, it's hard to wait, so Bitcoin must definitely trade in another currency.

[Jimbo Abu]

Don't depressed friend, the bitcoin now is slowly rising. Holding and become patient for a long time is more profitable. Don't stock your mind in the price. Sit back and relax.

[saffira]

i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
 now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???

Yes it is a good idea to hold it. So sad that you have to buy  bitcoin as investment. It happens normally that the value is down. However it also rises. I think you have to be patient. Waiting will be worth it. The sad part is that in emergency that you have to sell it then you lose a part of it. Just hold and be hopeful. Trust bitcoin.

[cizatext]

You will definitely feel depressed swing you investment turning into lost before your very eyes, but the only advice I have for you is to keep holding because that is the only way to overcome the depression and and the same time retain you assets.

[DyllanGM]

Now you dont have to be worried everyday my friend because bitcoin and other altcoins are slowly climbing up. But at the start you shouldnt have worried at all because in the end, even though the prices are dropped, it will still rise back up. And you should be holding your bitcoin for long.

[oloveloveo]

i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
 now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???

Yeah theres no such thing as gaining and gaining profits forever.
Once you invest in cryptocurrencies you should know and accept the risk that it will cause in the future.
Bitcoin is not for short term people, if you think about future, then just hold it, it will eventually break your loses.
Also just invest only the amount that you can afford to lose.
Happy trading.  

[MariaOzawaa]

First of all, I think that your current state of mind is not very good. Of course, when you buy Bitcoin, it feels that it will go up. Then you can learn more about Bitcoin. You will find this is a normal phenomenon. I don't think you need to be so depressed. I believe that the price of Bitcoin will rise soon.

[dogz12]

i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
 now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???

You haven't lost anything yet because you have not yet sold it. There is nothing you really can do but to hold and wait. If you think that the prices will continue to drop (which is not) then go and cut your losses and sell it.

[CryPtoEnGanGe]

you should keep btc. and wait. I think btc will up soon

[Aldrinx00]

I understand how you feel but stay strong and don't panic to sell your bitcoin at loss, be patient on this bear market because we will never know when the market will recover but eventually it will. Just hold your bitcoin and wait for the price to go up until December, keep your on bitcoin and you will profit.