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shackleford
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June 25, 2018, 06:20:04 PM |
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If you understand that Bitcoin is a long term investment, you wouldn't panic when the price falls within some short period of time. We will all laugh soon
This is the funny thing though. Most people who put money in the December rush likely wanted to earn easy bucks by riding the wave. Lots of them have probably already cut their losses and sold low (I'm assuming that panic selling was a huge factor in the massive slide). I can't imagine casual users being very enthusiastic about their investment dropping around 30% of what it once was lol. Still, you're not wrong. Those who are still HODLing on, you don't lose any money until you sell at a loss. No one really has any idea when Bitcoin will reach such heights again, but if Bitcoin's development proceeds as it should, I feel like it's an inevitability. Wait until you break even at least! You have very correctly explained the important point that many people wanted on the buzz about bitcoin, to make a lot of money. And as a result, they just sold their Bitcoins in January, February, so we see the price of bitcoin today down. Bitcoin will only grow when it is developed and there will be another wave of people wanting to invest in it. |
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umar22pk
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June 25, 2018, 06:37:56 PM |
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It is an undisputed fact that those are affected much by this sudden drop in bitcoin price are those who bought it in December last year when bitcoin was skyrocketing. I understand the emotional trauma you are going through. Nobody will be happy watching his investment losing value like that. I want to encourage you that the downfall of a man is not the end. In June 2017, nobody ever thought of bitcoin hitting $20k by December 2017 and that is the beauty of bitcoin. It takes only minutes for bitcoin price to either rise or fall. Never dump your coin out of fear. Let's keep our fingers crossed and hope for the best. If you understand that Bitcoin is a long term investment, you wouldn't panic when the price falls within some short period of time. We will all laugh soon
I didn’t buy bitcoin in December 2017, but I missed the golden chance to sell my bitcoin in that peak time. Now I don’t know how I have to wait because I understood bitcoin is long term investment. And at this dump I will suggest everyone don’t be panic seller, just buy bitcoin at this low price as much as you can…will be fruitful in near future. |
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Chachacoin17
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June 25, 2018, 07:39:17 PM |
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It is an undisputed fact that those are affected much by this sudden drop in bitcoin price are those who bought it in December last year when bitcoin was skyrocketing. I understand the emotional trauma you are going through. Nobody will be happy watching his investment losing value like that. I want to encourage you that the downfall of a man is not the end. In June 2017, nobody ever thought of bitcoin hitting $20k by December 2017 and that is the beauty of bitcoin. It takes only minutes for bitcoin price to either rise or fall. Never dump your coin out of fear. Let's keep our fingers crossed and hope for the best. If you understand that Bitcoin is a long term investment, you wouldn't panic when the price falls within some short period of time. We will all laugh soon
I didn’t buy bitcoin in December 2017, but I missed the golden chance to sell my bitcoin in that peak time. Now I don’t know how I have to wait because I understood bitcoin is long term investment. And at this dump I will suggest everyone don’t be panic seller, just buy bitcoin at this low price as much as you can…will be fruitful in near future. You're not all alone mate, and with my experience also I wasn't able to sell and grab the opportunity to gain higher profit during those days that bitcoin was still high in december days of 2017. But I still stored my bitcoin on my local wallet in my country, because even if I don't purchase bitcoin during December I learned how to save. Even though the price nowadays was so tough I manage to control my emotions at first place. |
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sabrikks
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June 25, 2018, 07:42:43 PM |
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Of course most of us did, even pro traders did buy in december when the hype was very high and those so called professionnel claiming bitcoin to 50k.
it was a crazy times back then.
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MMA
Legendary
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Activity: 1134
Merit: 1000
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June 25, 2018, 07:43:03 PM |
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I purchased around july 20017 out of the blue, at that point sold in Dec for some pleasant benefit which I at that point put resources into some altcoins. In any case, early Jan I sold a large portion of everything. I've gotten some in the most recent month however very little.
That is bad luck for you, to me although i never bought bitcoin at that point but still at that time i was already holding a good amount of bitcoin, and if i was going to sell it at that state it was going to give me a good profit, but as it was expected that bitcoin price is very soon going to hit 35000$, therefore i preferred to hold. |
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btcdimcash
Newbie
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Activity: 129
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June 30, 2018, 06:06:33 PM |
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I myself never bought bitcoin with my personal money. I was in the world crypto so far get bitcoin and ETH from altcoin diforum this by following bounty and indeed I also save my work until now, so i love bitcoin  |
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Baby Dragon
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OWNR - Store all crypto in one app.
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June 30, 2018, 06:38:04 PM |
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You are quite correct. People who invested during mid December and late December will be worried now, that is if they are not long time believers because since its ATH, it has not got to $13,000
I agree with that opinion, the people who invest in mid December 2017 will be worried now because the price is totally down and it down to $5900 and it is very bad because they could lose a lot of money. However, there are still a chance that they could back the money simply because they can hold it and they will sell it when the price goes up. |
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RamseyJoyce
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June 30, 2018, 07:09:14 PM |
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Yes, I bought at that price December into bitcoin is very high because I believe that it will increasingly be up but I do not doubt its very low price current. I lost some money because of this mistake. I look forward to going back to the price it like the original and on increasing
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candy69
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June 30, 2018, 07:16:33 PM |
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No, i didn't buy bitcoin, as the price was very high at the end of last year. So, it is very important to invest in the market at the right time, or you have to suffer losses.
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PattersonRaquel
Jr. Member
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June 30, 2018, 07:23:56 PM |
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I have bought and now I really regret because I had lost a huge amount of money because of it. I bought it at a very high price and now the price of it as I could not believe my eyes. I'm still trying to keep the bitcoin hoping someday it will return as before
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AlexAce420
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June 30, 2018, 07:33:24 PM |
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No, I didn’t buy bitcoin in December 2017. Bitcoin price in December 2017 is really high. I think that if anyone who's buying bitcoin last December 2017 is now in a big loss. But of course, if they would still hold it there is still possible that they will recover that loss. I think bitcoin will hit over 20k again at the end of 2019.
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Jetakenare
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June 30, 2018, 07:36:45 PM |
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Against my advice a business colleague of mine bought at 17k. She is not in a good place at the moment and I have to encourage her to hodl no matter what. I have faith in bitcoin.
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19nataliya12
Jr. Member
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Activity: 154
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June 30, 2018, 08:11:34 PM |
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I did not buy bitcoin in December 2017 and very much about this jelly, I was not at that time in the topic of crypto currency, but in my opinion even now he is the market leader!!!
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1van__
Newbie
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Activity: 154
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June 30, 2018, 08:18:33 PM |
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I did not have time to buy bitcoin in December 2017 and every day I jell about it, but I think that it will rise again, analysts confirm it, it will happen closer to winter
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Vafandu
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June 30, 2018, 08:25:27 PM |
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Bitcoin is a long term investment.
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samcoin
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June 30, 2018, 08:49:35 PM |
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This is a common fault of new investors. When Bitcoin price rise up, the media start to talk about Bitcoin as the magical investment that paid huge return, the new investors buy it under the FOMO effect, while the big whale dump their holding. Fortunately, I sold a part of my assets in December, and I am still holding the rest.
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buternasek
Member
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Activity: 336
Merit: 12
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June 30, 2018, 09:09:41 PM |
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No i did not.Even though there has been a drastic fall in the price, i am still making purchases now and i strongly believe that the ideal value of bitcoin would rise again and even get much higher price than it used to.
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renggileh
Newbie
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Activity: 280
Merit: 0
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June 30, 2018, 09:29:10 PM |
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No i did not.Even though there has been a drastic fall in the price, i am still making purchases now and i strongly believe that the ideal value of bitcoin would rise again and even get much higher price than it used to.
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dewi91
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June 30, 2018, 09:41:03 PM |
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I did not buy bitcoin In the high price because it's very risky. Bitcoin price is always fluctuate, if I buy bitcoin In the high price of course I would be difficult to sell back. Those people who buy bitcoin In December 2017 may be they are new comer in crypto world and I sure they already sell their bitcoin and lose their money.
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Ronaldcoin2017
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June 30, 2018, 10:02:42 PM |
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I did not buy bitcoin In the high price because it's very risky. Bitcoin price is always fluctuate, if I buy bitcoin In the high price of course I would be difficult to sell back. Those people who buy bitcoin In December 2017 may be they are new comer in crypto world and I sure they already sell their bitcoin and lose their money.
Yes i agree on that the price of the bitcoin last December is quite amazing it is to high, I think there are so many investors did not invest on that time because I believe that due to its price the bitcoin that time is quite high on risk so buying is not advisable on that time. |
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