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sneeze11
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October 14, 2018, 02:52:33 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?
It didnt brought me any damage but in some people maybe yes because they choose to sell their bitcoin and then regret it. I am still holding my bitcoin so I wont be like them. I dont feel any damage rightnow because I always tell myself that I need to be patient enough to earn benefits from bitcoin. |
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marjon
Member
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Activity: 350
Merit: 10
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October 14, 2018, 03:58:22 AM |
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I dont ever think that i got damaged by bitcoin, I do invest before December, and i see a large amount of money in cryptocurrency and i decided to hold all my bitcoin, and it just drop so sudden. But i still think future of bitcoin still not stop there and bitcoin would be able overcome 20k for sure. I do think the next bull run would not happen in this year but it would happen in next year of 2019.
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zeingrind777
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October 14, 2018, 04:11:40 AM |
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I dont ever think that i got damaged by bitcoin, I do invest before December, and i see a large amount of money in cryptocurrency and i decided to hold all my bitcoin, and it just drop so sudden. But i still think future of bitcoin still not stop there and bitcoin would be able overcome 20k for sure. I do think the next bull run would not happen in this year but it would happen in next year of 2019.
Yes. I salute you. you're so optimistic about the price increase next year. keep thinking positive friends, because we believe the future will need bitcoin and bitcoin will be used in the future. |
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azeri
Newbie
Offline
Activity: 4
Merit: 0
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October 14, 2018, 05:10:00 PM |
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The right thing if you had damage your investment value is hold and wait until the price is rise up again, until right now we can see that the price of bitcoin is rise up if you hold your coin and sell it right now your loss will be less than if you sell it it before right now. I can't think of any damage from Bitcoin. If someone put themselves in a position where they could be damaged by Bitcoin or its volatility, they probably made a mistake by overextending themselves.
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DipDare11
Jr. Member
Offline
Activity: 124
Merit: 1
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October 15, 2018, 10:20:54 AM |
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Yes, today, Bitcoin made me very nervous and financially hurt. I will not say exact numbers, who knows he will understand. I bought this spring in anticipation of growth to 10k
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paparexon0414
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October 15, 2018, 10:42:34 AM |
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Not that much but still a pain in my neck. Ouch. And still thinking of it until now. I bought bitcoin and keep it my wallet thinking it will continue to go high up to 25k usd. Never thought that small decrease is a warning. I still keep my bitcoin without thinking it slowly decresing hoping it will bounce back. Then i just realize i lost thousands... (in our own currency). But i still keep my faith in bitcoin, eventhough i lost some, it give me more that what i need. So keep on believing and it will go up again in no time.
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Boybugwal760820
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October 15, 2018, 10:56:55 AM |
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I could not really say that bitcoin has brought damaged to me but I could say that bitcoin had affected the crypto currency in which I am keeping to lower it current market value today, I earned this crypto currency from the bounty campaigns that I have participated but because of the bitcoins decreasing market value all the rest of the crypto currencies market value also goes down.
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wangchagongcha
Newbie
Offline
Activity: 16
Merit: 0
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October 15, 2018, 11:10:53 AM |
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If you are an investor in this market for a long time, you already know the market price fluctuates unpredictably. When the market price drops and you decide to sell, you will receive significant losses. You have to have faith in any field when deciding on the investment.
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bdsharminsoltana
Newbie
Offline
Activity: 14
Merit: 1
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October 15, 2018, 11:17:49 AM |
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I invested in BTC when it was $10,000, and if I sell now what I will realized will be nothing to write home about but I'm not seeing it as damage, I feel it is only newbies in cryptoworld that will see it as damage. It may take time but I know btc will surely recover.
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basyang
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October 15, 2018, 12:32:39 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?
The damaged that bitcoin brought to me was its volatility, though it is normal but if I ever need a money the price of bitcoin is in downfall and the famiy is okay you do not need to worry, but when the price is raise again many people also wants to grab there compensation. I know there are lots of hard issues i heard before. Just be careful to the person you will be contated. |
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Carrelmae10
Member
Offline
Activity: 588
Merit: 10
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October 15, 2018, 12:40:28 PM |
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..as of now,,i have recovered from my big lost last few months..i bought some bitcoin and I invested it in a investing site not knowing that those site is just a scammed..my bitcoin were stolen by those scammers with a fruitful mouth..that was my first time in Bitcoin investment..this cause me to think that Bitcoin gave me a great damage in my life .if i only have the chanced to go back in the past..i will not invest on that site..Bitcoin world is very crucial..but if you have the ability to cope and survive in the ups and downs of bitcoin,,i assure you that you will going to have a fruitful years in the future..just have faith and believe in the piwer of bitcoin..for it will change your lives for an instance..
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EllieBasti05
Jr. Member
Offline
Activity: 95
Merit: 1
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October 15, 2018, 12:48:30 PM |
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"Dont put your all eggs in one basket". As my friend experienced in Bitcoin investment he got broke because of putting all of his money on investing bitcoin where the money he used is coming from bank loan. Until the price of bitcoin flank down continuously and steadily around $6300 then panic selling that make him broke.
As i learn from this, it is a mind game that once you have a bad decision you will lose all of it and being greedy will make you fall hard. I gamble and halve my money into two, i got panic selling and sell the other half while the other one is to keep. Its really disappointing because i lose the other half but i will never lose hope on bitcoin. Hopefully it will increase 100% this year. Like my mother always said "Be wise and learn from mistakes".
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Pattart
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October 15, 2018, 01:19:38 PM |
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Bitcoin brings damaged for everyone, every traders, because when a traders invest bitcoin when prices rising, he must faces a lot of damaged. Especially i bought bitcoin when prices around $8800 but now prices is $6300
not everyone have feel damaged dude? losses may get to everyone but demaged means a terrible loss? whereas not everyone experiences big losses or bankruptcy? many traders actually get big profits, of course with the skills and experience they have.. |
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Callanta787
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October 15, 2018, 01:25:03 PM |
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The only lose in cryptocurrency is when you invest in scam projects ,no matter how much you invest in bitcoin you will make your profit back only if you can wait for the right time ,for me no damage so far ,but only few pump and dump coins I mined but no regrets, if I don't mine them I won't have learn
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CrazeCoinz
Member
Offline
Activity: 364
Merit: 10
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October 15, 2018, 01:35:22 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?
It's normal in every business someone will gain and the other side will loss. It's up to you on how you will manage it properly since this technology has volatile in nature. Experience will give you knowledge on how to make it profitable even it's in high risk. Somehow if you will continue you will get back your losses and be profitable. It's not the end of this technology, there's a time to bounce back. |
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katerinaliisa
Jr. Member
Offline
Activity: 378
Merit: 1
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October 16, 2018, 11:08:13 AM |
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Bitcoin has not brought me any losses, only opportunities own development and improvement of the financial situation.
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bots1
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October 16, 2018, 11:31:42 AM |
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Every game has victory and defeat, every investment requires a strategy to get big profits. Bitcoin trading is not a fast investment, you have to wait patiently or sell it and buy again at a low price. Besides that you have to learn technical analysis and fundamental analysis to find out the real movement of bitcoin.
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TobiasVR
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October 16, 2018, 11:56:08 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?
many people feel shocked and unpredictable when the market price falls dramatically as it is today, I am including someone who feels getting lost and is confused about what to do because I invest when the price of around 20% can be one way to be an experience and maybe a hold can be one of the best choices. |
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qiman
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October 16, 2018, 12:00:45 PM |
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I lost all my wealth and savings in 2018 because of the bear market, we have very little left at the moment hence is why I am looking for another full time job because we can no longer sustain ourselves form crypto currency type activities. Although I like this area of technology very much, this year we lost all our Bitcoin holdings and have very little left in some crypto currency only. So 2018 has been a year of damage for us.
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guybrushthreepwood
Legendary
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Activity: 1232
Merit: 1195
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October 16, 2018, 12:13:09 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?
Well what have you learned here? Why would you never think that bitcoin could fall? Any investment can do so and bitcoin has had a history or rises and falls as well as huge crashes and nothing is guaranteed and bitcoin certainly isn't a risk-free investment. As for how much have I lost from bitcoin? Nothing. I bought and earned all my coins when they probably worth between $100-$1000 so I've still seen a decent return on my investment and time, but I certainly didn't enjoy seeing the value drop from $20k to $6k but I know and accept the risks with bitcoin so I can't complain. My only hope is that one day we'll get to even a new all time high but I'm certainly not banking on it and I understand the gamble. I still think bitcoin is a worthy investment for people but I can't stress enough that you need to know and understand the risks involved and I hope people don't learn the hard way. |
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