Olayinka225
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Activity: 322
Merit: 1
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December 16, 2018, 12:11:57 PM |
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Bitcoin hasn't done any damage to me whatsoever, why because I don't invest all my into crypto. All my life savings aren't into cryptocurrency, I didn't put all my eggs in one basket. Most especially in this hard time everybody is facing. Damage might be done to only those that depends on bitcoin or let's say cryptocurrency alone in this dip period.
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Rambukwelle
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Activity: 313
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December 16, 2018, 12:49:53 PM |
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I have already withdrew the amount I have spent on Crypto , But from the All time high value which my Portfolio had I am around 82% down in USD Value . That should be the usual loss of any Crypto holder form their ATH Portfolio values.
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denzkilim
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December 16, 2018, 01:16:22 PM |
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As for me,most of my bitcoin savings is from signature campaign,so i don't feel much damage.But,in last november i sold some of my bitcoin and regret it afterward because in december,bitcoin reach the all time high,i think that count as a mental damage.
LOL that isn't a damage in financial aspect but I agree it will do some mental damage if you think about it but that does not count if you compare it to those people who bought Bitcoin a couple of years back and already sold it, it will surely do some mental damage if they will think about it.  I think the real damage is for those investors who invested in Bitcoin its peak price when it was skyrocketing to the moon in December 2017, especially those newbie investors and traders that think that Bitcoin will continue to moon up to $40,000 US dollars that year. Every one of us does mistakes but repeating the mistake is not good anymore and we should learn about that.  |
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bagalkot
Jr. Member
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Activity: 85
Merit: 5
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December 16, 2018, 01:23:21 PM |
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I dont feel damaged by bitcoin as bitcoin has given me the source of income through which now i am earning good, I never invested high, as i have always work for claiming free bitcoin through lot of tasks, social bounty campaign. I always converted 80% of it to fiat currency and kept 20% as investment so i am not in loss as on each high low i have sold it .
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Luthfiyaaa
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December 16, 2018, 01:26:49 PM |
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Bitcoin doesn't bring to me the big damage, maybe only around 15%, because I'm not too big to invest in Bitcoin. bitcoin has indeed brought a lot of losses to some people because the price has continued to decline like now. better investment not only in bitcoin, altcoin too, to minimize losses.
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pundit
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December 16, 2018, 01:54:02 PM |
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I had a small scale investment on bitcoin and i invested on it when the market price is 30% higher. I never thought that market is going to fall down which results to the loss of some of my money if i will sell my bitcoin holdings now. Seeing the market price i consider it as a damage which is 30%. Well if i may ask you do you feel any damage right now? I wanna know who are those people who are investing prior to the market price fall down?
Not exactly due to bitcoin but my equity is around 90% down due to altcoins but Bicoin has also decreased its value many folds. I would say you are lucky to invest at this price, just hold it for sometime, it may recover soon. Its around 10 months of bear trend and people are not waiting for big money to come in, once market starts recovering everyone will be buyer elevating BTC price. |
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FlightyPouch
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December 16, 2018, 02:11:13 PM |
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Bitcoin will always stay friendly to its users. As it brings peace to the mankind so no panic will occure using them.
Correct no panic in your investment in bitcoin cause bitcoin always give us good profit. We know bitcoin now is in dip but it always survive and rise again cause bitcoin want to give us good profit in our investment. You don't need to speak like that. You are like saying that Bitcoin is a living technology that conciously help increase our profits in the near future. We are the ones responsible for that price changes, not Bitcoin or Blockchain itself are responsible for that. Bitcoin is just a crypto currency that is so volatile and changes its price depending on the demand that the investors and users made. |
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Fredomago
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December 16, 2018, 02:16:45 PM |
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For now if i sell my coin i suffer huge damages or losses that is why i keep on holding and waiting for the right time to sell, since my coins was still in my wallet it can possibly make profit in the future its better to have than nothing.
Strong believes can bring something positive in terms of investing, if you will continue holding and time comes for bitcoin to bounce back, even it can take much longer time but the there's always possibilities to happen, bitcoin always surprises it's investors and holders maybe for non believers it will bring disasters and disappointment but for those who truly believes bitcoin is a good long term investment,. |
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pixie85
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December 16, 2018, 03:25:25 PM |
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For now if i sell my coin i suffer huge damages or losses that is why i keep on holding and waiting for the right time to sell, since my coins was still in my wallet it can possibly make profit in the future its better to have than nothing.
You should rather hold thinking of a right time to buy stuff. Why do so many of you treat Bitcoin like a stock that is only worth a certain number of dollars or other fiat money? Bitcoin is money by itself and we should be treating it as such. It should be exchanged directly into real estate, cars, clothes, food, and other things. Don't think of it in buy-sell terms and you'll feel much better in this bear market. |
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topkhai
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Merit: 10
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December 16, 2018, 03:56:49 PM |
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There is nothing wrong on bitcoin. Maybe your strategy is wrong. Rising and falling prices are something that is common in market. You only need to set the right strategy if you want to succeed
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TBboys
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Fast, Smart, Trustworthy
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December 16, 2018, 04:11:21 PM |
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I had a small scale investment on bitcoin and i invested on it when the market price is 30% higher. I never thought that market is going to fall down which results to the loss of some of my money if i will sell my bitcoin holdings now. Seeing the market price i consider it as a damage which is 30%. Well if i may ask you do you feel any damage right now? I wanna know who are those people who are investing prior to the market price fall down?
You need to know that there are very few people who can buy at the cheapest price and sell at the highest price. You can even think that such people can not appear. More people make money through short-term waves. Whether they rise or fall, there will always be people who make money and some people lose money. So there's nothing wrong with Bitcoin. It's the way you invest and what you know about it. Lose doesn't mean that what you invest is bad. It's more likely that it's for your own reasons. |
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pant-79
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December 19, 2018, 04:26:46 PM |
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Bitcoin didn't cause me any damage. The only one who can actually cause damage is only a man himself with his decisions and actions.
Reading your post, I'm just amazed. How can you think like that? Are you 12 years old? How could you invest money not thinking about risks? Why don't you understand that only you are guilty?
Bitcoin or the market or anyone else didn't take money from you. You yourself invested your money, so you had to assess the situation and make the appropriate decision. Your decisions were bad, and that was what caused your financial situation. And the fact that you blame in this BITCOIN! only shows that you don't want to be responsible for your decisions and actions. I think you're not one of those guys who can make money on investments.
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Mhd-Bobbi
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December 19, 2018, 05:22:25 PM |
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I had a small scale investment on bitcoin and i invested on it when the market price is 30% higher. I never thought that market is going to fall down which results to the loss of some of my money if i will sell my bitcoin holdings now. Seeing the market price i consider it as a damage which is 30%. Well if i may ask you do you feel any damage right now? I wanna know who are those people who are investing prior to the market price fall down?
I also invested, you said that the market crashed, but I didn't think it was broken, I would take a sample of sea water, did you know that sea water sometimes rises, and sometimes it will recede. Well ... I think bitcoin is like that, sometimes it rises and sometimes recedes. So I don't think it's damage. I assume that bitcoin is like selling real gold in a store. In a shop the price of gold also sometimes rises and sometimes also falls. |
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santiPOGI
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December 19, 2018, 05:27:55 PM |
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Bitcoin did not made any damage on my part as i sold every coin i had before,.
what did bitcoin to me? or should i tell doing now! i am gaining so much and more more more with my alts and bitcoins now.
I just bought so many alternative coins last week of November till 3 days ago and had bitcoin at 3200 USD and now i am good and just waiting.
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Msworld83
Copper Member
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Activity: 448
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StableDex | Decentralized, Secure & Cost Effective
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December 19, 2018, 06:42:00 PM |
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There is nothing to regret about for buying high and can not sell now while the money is in serious need but nothing to do than hold now as the market is getting to the bottom already which will be a surprise surge for everyone.
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TopT3ns
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December 19, 2018, 08:28:11 PM |
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Glad bitcoin never give any damage for me, even still holding some now. At least i bought it with cheap price. Still cheaper than price now. But feel sorry about people who bought in more than $10k USD and they will feel bad about bitcoin now.
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131tc01n
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December 19, 2018, 08:40:37 PM |
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I also sense the equal manner. Market situations hold to say no. Coin costs additionally come down. If I sell now, then about 20% of the losses I suffered. Not simply me, my friend, my circle of relatives also experienced the same element. We haven't any plans to promote it. We will hold our belongings until the scenario improves and Bitcoin returns to regular.
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