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Author Topic: How much damaged bitcoin has brought you?  (Read 4590 times)
makolz26
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July 02, 2018, 10:22:32 PM
 #81

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?
Damages can get fixed. And a market damage, as you put it, can be fixed with a recovery. But it does take time that's why we need to be patient and optimistic about these things so that we won't be making any wrong decisions. Personally, I haven't incurred any damages so far. And I plan of keeping it that way.
That is right, and I am not thinking that bitcoin damaged me since it brought a great opportunity for me and would really love to do bitcoin all the time no matter what the price of it, we should not think that way since bitcoin brings a lot of advantage in our self and in the world.
evgeshti
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July 02, 2018, 10:31:33 PM
 #82

I have not lost absolutely nothing! In general, the main rule number one in cryptocurrency investing: ''has not sold yet even with market like this - nothing has been lost'' and the second is: ''if you invest money in the crypto currency, immediately consider this money lost''. It will help.

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daniel2023
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July 02, 2018, 11:47:33 PM
 #83

If you have been into business before now, you should have known that business is all about profit or loss. But, your Bitcoin investment, chill awhile, it will raise again.
 
Finestream
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July 02, 2018, 11:55:18 PM
 #84

If you have been into business before now, you should have known that business is all about profit or loss. But, your Bitcoin investment, chill awhile, it will raise again.
 
I think damage will only happen if you enter into a business without full knowledge and preparation in it.IMO bitcoin does not bring damages to everyone here,it's just that some people are careless to enter into investments without considering the situation of the market and when they lose,they consider it damages.If you feel damages in bitcoin,i think you are the one responsible for that and not with bitcoin.

Sampson7
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July 02, 2018, 11:56:28 PM
 #85

With respect to me,most of my bitcoin reserve funds is from signature campaign,so I don't feel much damage.But,in last november I sold a portion of my bitcoin and think twice about it a while later in light of the fact that in december,bitcoin achieve the untouched high,i surmise that consider a psychological harm.
andika2018
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July 03, 2018, 01:29:47 AM
 #86

If we keep our crypto as long term investment, we should not feel bad about market condition right now. We should keep calm and patients and not selling our crypto in this condition. I am believe patients is the key to make big profits in the future
jeluhtajem
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July 03, 2018, 01:48:25 AM
 #87

I also suffered the same loss as you are today.
I invest before the price falls. I lost half of the assets I had.
but I will not sell it now, because if I do that I will lose half my asset forever. I will wait until everything returns to normal. and expect that the price will rise higher than before. just need to be patient.  Cry
carles enck3
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July 03, 2018, 02:09:47 AM
 #88

Previously I started in to bitcoin, I know bitcointalk forums, from which I know bounty campaign, and from that I got a prize in the form of allcoin, and at the high price I sell it, but once I tried to hold my coin ,at that time I thought the price would go up, but instead it decreased to 70%, that's what disappointed me, I think until now the coin is broken and can not rise again, but I do not feel loss, my reason is because I do not get coin from investment but bounty campaign.
Lalafell
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July 03, 2018, 11:05:03 AM
 #89

Bitcoin is in dip and it will rise just as another investment goes dip and comes back around - if you can wait up, it's no damage. but you go panicked - you are in 100% damage.
Yes you are right, cause panicking may cause lose your money 100% loss your money . Investing in bitcoin is good choice cause you earn big profit but you need to be calm and more patient to wait until the price value is increasing soon.  Bitcoin always up and down it always happen in bitcoin cause the is very unstable. 
dewildance
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July 03, 2018, 11:06:07 AM
 #90

I do not have much finesse in my own name. I was very profitable when I entered the market when Bitcoin was starting to rise and the declines did not affect me so far.
macartem
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July 03, 2018, 08:48:53 PM
 #91

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 lost 65% of my budget to the altcoins. But I'm not too upset, because I hope that they will rise soon and I will successfully sell them
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July 06, 2018, 04:08:31 AM
 #92


There is no way to get you both, Actually your investment was set at the wrong time. But no one knows when the market will fall, so you can not blame yourself.
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July 06, 2018, 04:54:29 AM
 #93

There's no damage brought to me by bitcoin because I believed to its worth and the important thing was I do not panic at the times bitcoin is in dip so there's no damage at all if you have the patience and enough knowledge about bitcoin.

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atomous
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July 06, 2018, 04:59:41 AM
 #94

So far bitcoin did not yet damage any of my earnings because to be honest I don't have yet profit. I am on my way to promote this crypto. Basically I am now on the move to earn some earnings if possible.
onrise
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July 06, 2018, 05:01:49 AM
 #95

I do not have much finesse in my own name. I was very profitable when I entered the market when Bitcoin was starting to rise and the declines did not affect me so far.

It is good that btc has helped numerous people like you financially as till now it has given the best return in short term and also in long term. People who had done panic selling would have certainly lost money and thus resulted in damage to them self.

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magnifirific
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July 06, 2018, 05:05:34 AM
 #96

Damage? Bitcoin made me aware of this kind of stuff. Pertaining to the new economy so I think it has not given me damage at all. I am learning trading and investing now. I win sometimes, I lose sometimes, it is part of the game. If you think of it as a game, and you play your cards right, and you know the risk. Even you're down whatever percentage, still you learn from the experience. You truly lose if you did not learn from the experience.
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July 06, 2018, 05:24:17 AM
 #97

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 can say damage when it was done already. You still have your bitcoins right? And from the start you knew that the value or the prices are volatile but you still chose to buy it. Therefore, you also knew that what is happening in this past few months are just a correction and soon to be recovered. So there is no damage at all but if you are not patient enough to wait and sold your bitcoin then it is definitely your loss or as you said damage.
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July 06, 2018, 05:30:08 AM
 #98

well to tell you honestly i didnt lose anything with bitcoin.
but i have earned more  than i could ever imagine.
i guess ive just been lucky with what i have been doing.
hopefully you will experience the same too...
Cheesy

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July 14, 2018, 04:19:15 PM
 #99

Bitcoin didn't do any damage to me. Eversince i got into crypto i have never regretted because all my investments have yielded great results. Even though i have not invested massively into bitcoin the little that i have i am sure will earn me something substantial. At this moment, HODL would be the best strategy.  Let the market be calm. Till then who invested, should be stay calm
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July 14, 2018, 04:24:12 PM
 #100

I joined the cryptocurrency world not long ago but weighing the advantages and disadvantages btc has brought to my life, I think the advantages outweigh the disadvantages.

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