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Author Topic: How much damaged bitcoin has brought you?  (Read 4585 times)
Jericka D Ranillo
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August 08, 2018, 12:59:51 PM
 #201

Anything what hapoen to me and crypto, i consider it as a wealthy life, losses and gain are both oart of experience. No user here that come up to end without losses or failure. This is reality that needed to accept by eavh member. Instead of giving oneself hesdache by thinking bad past. Why dont move on and find a way to fight back

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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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jpnl0002
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August 08, 2018, 06:20:06 PM
 #202

Well for me i would say bitcoin has not had so much damage but kept me on my feet when the price came crashing down this which has bothered me but i have decided to give myself hope that it will be fine no matter what the price looks like now.NO MUCH DAMAGE DONE
lincolnmad
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August 13, 2018, 01:02:31 PM
 #203

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?

Luckly I already sold my bitcoins back then on January when the price of bitcoin still has a good price. Since then, whenever I got bitcoins from campaign, I always sell it directly into fiat. I have a little investment on altcoins, not bitcoins but its affect the altcoin price too. The market is going down again since last week, so it's better to hold right now.
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August 14, 2018, 06:45:36 PM
 #204

it hasn't brought any damage to me rather it helps me forecast and make plans for the future. it is an avenue for me to save and invest. despite the devaluations and volatility in the market.   
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August 14, 2018, 07:21:34 PM
 #205

Bitcoin brought huge damage to me and put my job at risk.. I invested some amount of money which belongs to my clients when the Bitcoin price was $15,000 hoping it will get to $20,000 so I can sell and make huge profit ..but thanks to the bearish movement of Bitcoin.. My client almost killed me and gave me sleepiness for a long time until I was able to manage the crisis .
But I think the risk was a bit too much for me but I learnt the hard way to always invest what incan lose
Iykecollinz
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August 14, 2018, 07:22:40 PM
 #206

Cryptocurrency have always been a blessing to me and my income have also been made from here, despite the losses here and there, I attribute the whole cryptoworld to bitcoin success

Delinquency
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August 14, 2018, 07:29:21 PM
 #207

I've started to invest to bitcoin from 1700-1800 dollars. I bought 2 btc then it rised 4,67 with alcoin bullrun, then bitcoin crushed all of them it has downed to 1,1. Then I catch another bullrun and it rised again to 3 btc. And bitcoin has crushed all of them again. I have only 1 btc now. According to dollar I don't get damage. Why do I tell all of these? Because I want you to see how stupid I am. If I had make right actions I have 6-7 btc right now. If you're damaged by BTC it's probably your fault guys Wink
SistaFista
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August 15, 2018, 01:33:27 AM
 #208

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 current market not bring major damage for bitcoin holders. But it is different stories for altcoins.
Altcoin market is very bad this time. I believe there are many holders damaged by this bear market. My investment down about 50%.

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drachman
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August 15, 2018, 02:25:32 AM
 #209

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 still have not lost anything until you sell, I know this is a different way to think but that is the way you must think when you are an investor, the losses that you have are only a potential that do not materialize until you actually sell, so you still have not lost a single dollar due to your investment in bitcoin, the only thing you need to do is to hold for long enough to recover your money.
MD Nur Hossain
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August 15, 2018, 08:30:37 PM
 #210

Bitcoin did not harm me, but it helped me even more. I always had to wait for the right time. I did not have any chance of losing my bitcoin.alwys love bitcoin.
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August 15, 2018, 08:40:53 PM
 #211

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 still have not lost anything until you sell, I know this is a different way to think but that is the way you must think when you are an investor, the losses that you have are only a potential that do not materialize until you actually sell, so you still have not lost a single dollar due to your investment in bitcoin, the only thing you need to do is to hold for long enough to recover your money.
Bitcoin doesn't give me any problems at all and in fact ot provided me a lot of financial help in terms of profit. Some might think or say that bitcoin has damaged them, but it was just purely panic mindset.  Mostly they were frustrated from previous decisions which lead them selling in wrong time. Don't think that the current situation will damage us, but rather treat this as opportunity to move in the future.
Ucy
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August 15, 2018, 09:09:42 PM
 #212

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.

 


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August 15, 2018, 09:19:05 PM
 #213

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.

   Do you know what I seen members wrote here?
-"You lose only if you sell"!
   Problem is in what kind of vision people have before investing in Bitcoin. Most of the people want`s to earn
some money, they give some money and they expect fast return, possibly very high and fast return, do you
know how that sounds? Same like you are going in casino with same money and hoping that you will leave that
casino richer than ever before.
   I don`t know how smart is to suggest trading to anyone. If that`s easy everyone would done it, but it`s not.



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ngano ba
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August 15, 2018, 09:23:14 PM
 #214

The only damaged that bitcoin have brought in me is time , it really need a lot of time when working of bitcoin activities ,but in the other sides it brings good benefits for me ,especially in the financial aspects ,it really of help ,when you work hard for it.
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August 15, 2018, 09:37:33 PM
 #215

Bitcoin itself did not touch me,but altcoins knocked me out . More than 85 percent of the losses I bear, but nothing I'm a strong small, average .
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August 15, 2018, 09:43:58 PM
 #216

I have not suffered any damages with bitcoin. It been smiles since day one.... Bitcoin has made my life better.

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August 15, 2018, 09:45:29 PM
 #217

I invested a considerable amount in bitcoins and altcoins back in August 2017, and cashed out some of it in December 2017 and in January 2017 converted most of my cryptocurrencies to US Tether, as a result I think I am good provided that US Tether will not tank! Damage or loss can only occur when you convert your cryptos to fiat currencies. So the best thing would be to hold on to your cryptos until there is another bull run.
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August 15, 2018, 10:21:45 PM
 #218

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?

as for me, I didn't get any damage from BTC, only benefits, opportunities, knowledge and experience. for me investing in crypto is a part-time job, and we should understand that unfortunately it cannot become a permanent job with stable income for majority of us.

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August 15, 2018, 10:26:21 PM
 #219

Well until now i lost 80% of my investment on btc i converted during it is 800k on our currency expecting to hit 1m again but unfortunately it drop down until now im keeping it on my btc wallet i didnt cut my loss hoping this year to recover my loss.
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August 15, 2018, 10:31:11 PM
 #220

Personaly I haven't suffer any damage but probably this is because I'm involved with Bitcoin quite a long time, I have enough experience and I've already seen all sorts of situations that Bitcoin went through.
I don't panic sell, I have enough patience and know when it's the time to make decision. And I.known my limits and my final goal. But I.guess you don't come to that over night and it takes time.
The more you listen to your head and common sense instead of your emotions, the less damage you will experience.

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