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Author Topic: How much damaged bitcoin has brought you?  (Read 4582 times)
kingdom2710
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July 21, 2018, 05:06:46 AM
 #161

I wait for good prices and sell what I have when I need money that I am not hesitant to do since I work to have and hold sometimes it is enough for me. I am deeply worsened because I have my bitcoin when its price is only as high as September price till March but I believe there will be a time where bitcoin will come back and reduce the stress of those who buy bitcoin with low price. I know bitcoin is not wrong, it's just we can not understand how to use bitcoin to make a profit.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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kucritt
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July 21, 2018, 05:14:27 AM
 #162

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

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July 21, 2018, 05:42:21 AM
 #163

Bitcoin didn't do any damage to me. I'm holding my money and waiting for the price to get increase and sell it to earn. I am patient to the Bitcoin in whole.
Well in my stay here in bitcoin from the very start I'm just soso glad that it has been so good to me. At this point of my life I have not experienced something bad in bitcoin. It's been so good to me always and keep on doing what it does best. I'm just very fotunate that bitcoin is a good system and I'm involved in here.

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July 21, 2018, 05:54:11 AM
 #164

yes i feel what you feel now, but i keep calm because i think it's just the yearly cycle of bitcoin, there's always decrease every year and it's normal thing, better keep calm do not panic because any decrease there will surely increase.
trangprooss1
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July 21, 2018, 08:08:17 AM
 #165

I became worse because I had my bitcoin when its price was only as high as September through March but I believe there will be times when bitcoin will come back and lessen the stress of bitcoin buyers at low prices.
Andrew S
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July 21, 2018, 08:36:59 AM
 #166

I have not lost anything yet.  I bought at a price of $ 500 and sold a couple of pieces at a high price, but left a little, waiting for the same lift.
makenoise
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July 21, 2018, 09:40:13 AM
 #167

I wait for good prices and sell what I have when I need money that I am not hesitant to do because I work to have and hold sometimes it is enough for me. I know bitcoin is not wrong, it's just we can not understand how to use bitcoin to make a profit.
gpamfmcq
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July 22, 2018, 06:40:08 PM
 #168

Last year I invested in 10 ICO projects, but unfortunately more than 8 of them are losing money, and it seems that future investments need to be more careful and need a better understanding of the project.
bombie1
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July 22, 2018, 07:09:31 PM
 #169

Well ,I will not mention a damage saying that bitcointalk has brought to me but rather benefits that has been brought by cryptocurrency. The industry has made my online payments easy,simple and cost effective. I have also made earning in the industry. And I know that many people have also made a lot of benefits in here.
sevenonetwo
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July 22, 2018, 07:14:39 PM
 #170

So far, I have not felt the impact of a significant loss of bitcoin because I keep my bitcoin when the market price is falling. Than I sell my bitcoin now and I got a huge loss then I better hold it patiently and calmly until bitcoin prices rise again. All just depends on the time so that this situation is a patience for us. If we are impatient then bitcoin that should be able to bring us to profit, it will lead us to losses.

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Marlo Stanfield
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July 22, 2018, 07:36:28 PM
 #171

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.
laiya94
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July 22, 2018, 07:42:23 PM
 #172

Due to I changed to altcoins I didn't lose much, but there are some peoples who buy bitcoin at 18000, so think about damage happen to them.

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Ikpirijor7
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July 22, 2018, 08:12:18 PM
 #173

I don't think there are damages when it comes to bitcoin, the only thing is it has its highs and lows that makes people think is a damage
Sanmark
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July 22, 2018, 08:18:25 PM
 #174

I was buying high and panic selling low so many times that I am afraid to calculate how much money I lost in last year... And so many missed opportunities, when btc fell to 1800$ before the fork last year I panic sold everything, btc and alts, after that FOMO kicked in and i bought high, and now we are more than half a year in bear market...

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eolitic
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July 22, 2018, 08:32:49 PM
 #175

I don't think it's fair to count your losses at the moment, cause it's not over.  When it's irreversibile, only than you you can make such conclusions. Lots of people are sure that by the end of the year, we are going to witness something huge))
lanalang
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July 22, 2018, 08:36:56 PM
 #176

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?
Bitcoins doesn't brought any damage to me personally because I don't invest in it before. I use only for free using bounty campaigns and airdrops. I am patient to the future of Bitcoin and want to make big profit in the future.
jak3
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July 22, 2018, 08:44:28 PM
 #177

Well, you can observe the market, as whenever the price Falls people started buying Bitcoin even more because they believe that if they buy Bitcoin at cheapest price then they can get even more profit then they are doing right now. Is basically a bonus on your day trading. It's not like people and making a profit but you are not but it is like people are taking a risk and you are not and there is nothing bad about it. You don't feel right then don't take the risk.
ahmedjamal1998
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July 22, 2018, 08:53:01 PM
 #178

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.

Oh the good old January prices. Last November, December and January was a pretty crazy ride. The price started with about 7.5k in the beginning of November and went up to 19.5k USD in less than 60 days !

Literally the whole world during December (even the ones with not so good economies) were talking about crypto. And everyone was blindly dropping thousands from all over the world. Heck I can't forget the pictures on tv of people lining up at btc places to buy with whatever they've got. Some people even sold their houses and cars !

I personally bought mid November and of course I knew that the dump was coming and was coming hard because all the people who came because they thought it's a money grab would quickly sell once it starts going down. Absolutely makes sense. But unfortunately I didn't see the start of the dip and I sold at about 12k or 11.

Tip of the day: never follow the hype/news. That's a general thing.
Pasaway2701
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July 22, 2018, 08:59:52 PM
 #179

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?
Bitcoins doesn't brought any damage to me personally because I don't invest in it before. I use only for free using bounty campaigns and airdrops. I am patient to the future of Bitcoin and want to make big profit in the future.
That way is less risky. I do not even put investment on it but rather work to have bitcoin from bounties and signature campaigns that directly pay bitcoin. There is no damage happened to me because I do not buy it but sometimes I get to sell in lower price because I need money for everyday living.

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yvuj101
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July 22, 2018, 09:04:27 PM
 #180

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 much damage because I wasn't greedy in my investment.  I didn't put all my egg in one basket.

No damage at all but I learned a trading strategy even though no salary in promoting bitcoin I gained a little that supports for my daily needs and updated in many information of new stuff and market price.
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