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drachman
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August 26, 2018, 08:03:55 PM |
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You guys probably didn't do enough research before investing in Bitcoin.
Investors are constantly warned Never to Invest What They Can't Afford to Lose and never to take unnecessary risks. Profits is not guaranteed in Bitcoin just as in most investments.
Better he (and others in similar situations) to day trade with the coins. You can recover you coins back and make some profits if you know what you are doing.
People do that all the time, how many times people do something just because they feel like it without having all the data available to know if what they want to do is a good idea, so this is nothing new and people like that are destined to lose their money to people like us that know very well why we are in this market in the first place, I would like to be sorry for them but I am not. |
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Whoever mines the block which ends up containing your transaction will get its fee.
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p4npos
Newbie
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Activity: 224
Merit: 0
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August 27, 2018, 10:15:22 PM |
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I don't think damage is the right word for it. People knew that losses are a real possibility in the cryptocurrency investment. The popularity of Cryptocurrency is due to its unpredicting nature. They need to grow up and own the responsibilities for their mistakes.
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atorle
Newbie
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Activity: 126
Merit: 0
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August 27, 2018, 10:17:57 PM |
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If there's anything, bitcoin has brought a lot of good to me. It has helped me supplement my income from my day job and increase my knowledge of investment generally
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Kelvinikke
Member
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Activity: 350
Merit: 10
A Blockchain Mobile Operator With Token Rewards
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August 27, 2018, 10:29:22 PM |
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I cannot recall any damage that investment into bitcoin has brought to me because whenever the price goes down i don't sell. I only sell when the market goes up way above how much i bought mine.
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West0813
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August 27, 2018, 10:35:41 PM |
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As of now bitcoin has not bring me any damage. Instead it give me some good profit. And until now i don't sell my bitcoins. Because i am still waiting for the price to go up again.
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BitcoinPanther
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August 28, 2018, 03:15:40 AM |
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Believe me, there's a lot of us who are in the same boat. And it feels like we're under paralysis.
And when you are in paralysis, to move is very painful and seems nearly impossible. And try as you may, exceeding more effort might just end up in more severing damage. And if you are able to read between the lines, i think you know what i mean.
You are already at that point when it is not wise to pull out your investment, if you could, hodl more. If your financial state can bear the current loss, press on, it will prove to be beneficial soon. This i say without depending on luck alone but with strong conviction from analytical experts of the crypto market. A lot has been going on lately, people are pushing for ETFs and other investing instruments, facebook revoke their ban on cryptocurrency so as google ads too, a lot of awareness campaign regarding the benefits of bitcoin and the blockchain is going on, merchants are starting to adopt bitcoin payments and a lot more are considering to do the same.
So you see, good things are on their way. Hodl a little more. I just hope that what you invested into bitcoin was an absolutely extra fund from your finances. That way, the hurt won't be too much.
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CrimBit
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August 28, 2018, 03:50:10 AM |
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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?
Whatever the name for the current decline, you call it damage some people call it loss, etc. I call it a decrease in investment value because the amount of my bitcoin is intact, only the value decreases, and I don't focus on that. but this is a season of gathering many opportunities in which it can be very valuable in the future. Positive thinking will make you better at facing difficult situations like today. |
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bigblackdeck45
Jr. Member
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Activity: 266
Merit: 1
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August 28, 2018, 04:06:24 AM |
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Personally I haven't have any damage yet done with bitcoin. I have not invested any of my money. I only use those which I accumulate in participating bounty campaigns. I have been thinking of investing my personal money a long time now but I am kinda having a second thought.
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ntodntodan69
Newbie
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Activity: 294
Merit: 0
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August 28, 2018, 04:44:24 AM |
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now the price of bitcoin is in a downturn, and it is likely to rise again at the end of the current year, and I hope all can rise again, for investors who have experienced a decline!
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Chicksteen
Jr. Member
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Activity: 200
Merit: 1
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August 28, 2018, 05:11:28 AM |
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Not damage, bitcoin has changed my life in very positive and rich ways.. Before 2016 i was working with low income but know i have money and i am working at home. If you buy bitcoin with the high price you could have damage ofcourse. When i met with Bitcoin the price were $350.. That's why i am lucky.
Early people like are lucky person because you come before the price goes up. I am working to earn but do not buy any specially when the price much expensive. Even now, I see it expensive and hard for me to buy some. I choose to work than to invest with my cash then invest what I have earned. Play on the market, then price drops when I decided to sell because I have to pay expenses that come not on time. |
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FlexBrah
Newbie
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Activity: 150
Merit: 0
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August 28, 2018, 06:05:12 AM |
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The most negative point is that I went to the market too late although there was an opportunity to go much earlier and have a lot more assets now
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Davido1174
Newbie
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Activity: 210
Merit: 0
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August 28, 2018, 06:33:46 AM |
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Actually, I believe in this technology for the long term actually. My holdings has finished by.-50 and am not worried as I invested what I can afford to lose and also invested and holding it for the long term.
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Btcvilla
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August 28, 2018, 06:46:58 AM |
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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?
no investor wants to get a loss after investing the money. so try to be rational. especially for this year there are many people who feel anxieties over every decline that occurs. but there are many options you can do to restore your loss condition, for example you can trade quickly. or other things you control |
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dilemamis
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August 28, 2018, 06:59:32 AM |
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So far I am still profitable because I entered Crypto last year when marketcap was still small and bitcoin was only around 2k. I was lucky enough to enter Crypto early enough and get a chance to collect before the bull run begins.
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gwapoinside2
Member
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Activity: 228
Merit: 10
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August 28, 2018, 07:06:10 AM |
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As for now the biggest damaged brought of bitcoin to me is i dont have a profit for now because i cannot get a source of income now and as will the lower price of eth and bitcoin . The market also is in lower but instead of giving up i can work for it tonhave profit and wait of rising of crypto .
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PRIMEBOSS
Newbie
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Activity: 42
Merit: 0
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August 28, 2018, 08:13:51 AM |
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when bitcoin price were fall i invested in it and then i was waiting for the bitcoin and for the whole year the bitcoin is good now and still i am holding it so i mean that bitcoin has never damaged me at all and i am very happy.
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kelenikels
Newbie
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Activity: 54
Merit: 0
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August 28, 2018, 08:16:45 AM |
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Literally, there is no damage that is brought to me by bitcoin. Why? It is because I mainly participate in bounty campaigns specifically signature campaigns.If you can manipulate the system and know when to buy and/or sell, you will always make huge profits for yourself.
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Odlanyer
Member
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Activity: 350
Merit: 10
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August 28, 2018, 08:38:43 AM |
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I didn't damage, because my coins are came to bounty campaign and if you experience any damage its not came from bitcoin its your own fault, you used bitcoin to the improper way that's why it happened so the lesson is be careful using bitcoin and make a research to avoid damaged.
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nikki4
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August 28, 2018, 08:38:58 AM |
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Actually, on my own experience, Bitcoin is what really change my life. It helps a lot in my financial needs. And I can say that there's nothing that Bitcoin caused my life a damage. Indeed, Bitcoin makes my life into a much more convenient in some other of my daily financial transactions. For me, it is depending on the holder of Bitcoin on how he or she handle the Bitcoin whether he will choose to the right path or create its own cause of damage.
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Komanuelnato
Newbie
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Activity: 16
Merit: 0
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August 28, 2018, 08:40:30 AM |
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I'm not damaged. I'm rekt! And not rekt, real rekt! About 80% down! So you can't imagine how I'm going thro! So I'm just hoping for a good market
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