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Author Topic: How much damaged bitcoin has brought you?  (Read 4585 times)
shadyrifles
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August 15, 2018, 10:33:31 PM
 #221

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 consider this as no harm, if you are a long-term holder then you don’t need to care about the current market situation. I am sure if you hold your coins for atleast a year then you won’t be be disappointed.
Jose Rizal
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August 15, 2018, 10:35:51 PM
 #222

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?
Maybe all of us or most of us have feel the damage brought by the dumping of Bitcoin price together with the other crypto coins in the virtual market. But I think we must not barely focus on the damage we have obtained and just have the positive mindset that after this damaging scenario, we will be expecting a regain on Bitcoin's price together with the whole market and all of us will benefit on it.

Jorosss
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August 15, 2018, 10:40:42 PM
 #223

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.
I had a huge lose during these past month because price was over lower price than before. I didnt catch to sell it when it was high. So I have no choice for now but holding my bitcoin.
liseff3
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August 15, 2018, 10:44:25 PM
 #224

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?

Maybe it's not just you who experienced a similar case surely someone else experienced the same thing.
But for those who already have experience in dealing with the decline which's happening as it's now has made them think smart, they mostly prefer to keep it rather than selling it. Because, if we sell it when the market price's low it's one of the stupidest strategies.
Addywealth
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August 15, 2018, 10:46:17 PM
 #225

The fall in price of bitcoin has brought a lot of discouragement to me as a person, the negative indication of bitcoin price has affected so many altcoins/tokens knowing fully well that mist of these cryptocurrencies are traded against bitcoin.
Mrconnect
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August 15, 2018, 10:48:49 PM
 #226

The fact that the price of Bitcoin drops immediately after you invested doesn't mean much. I'm sure you were aware of the nature of cryptocurrencies before coming on to the scene. Cryptocurrencies are generally volatile which means that your investments can go up within a few minutes, hours, days, weeks, or months and can go down in the same time frame. I invested recently in a coin and it dropped by over 40% as I have just discovered. But im not worried as I know it will go up soon. I hope you relax and wait for your investment to grow
lumedeee02
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August 15, 2018, 10:51:01 PM
 #227

Well to me I don't see bitcoin bringing damage to anyone because investing at the high price is not a damage if you can hold it will get back to where you buy and even make you have profit over it
caeles
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August 15, 2018, 11:24:24 PM
 #228

We actually do not say that bitcoin had damaged us since we do not take out some money from our pocket. Bitcoin was actually a profit. We started doing bounties to have some btc, and hold that btc as well as using it for trading. It is actually the holder's management which brought a damage.

kotajikikox
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August 15, 2018, 11:42:14 PM
 #229

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're not the one sacrifice the damage hurts from price fall some many holders buy bitcoin last 2017 in highest price value of bitcoin suffering until they cannot sell their investment because almost 40% lost damage

ntodntodan69
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August 15, 2018, 11:46:54 PM
 #230

At this time, bitcoin is in a down state, I also experienced a decrease from my money which, when sold now, but now is not the time to sell bitcoin, because it will cause losses for us when making a sale. we wait until the value is stable.
Pinkris128
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August 15, 2018, 11:48:23 PM
 #231

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 that much because im not really a investor. I only get my bitcoin from different bounty campaigns where I joined in. But I already try investing and sadly I get scammed because I didnt know how it works. By that I do research first about investing. So that when im resdy to invest again I will not be scam.
Nicoleaustin86
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August 16, 2018, 03:28:13 AM
 #232

In my opinion, if we are holding a long-term investment, we should not feel bad about market condition right now. We should keep calm and patients and not be selling our crypto in this condition. I believe patience is the key to make big profits in the future.
fndsr
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August 16, 2018, 03:35:17 AM
 #233

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?
maybe before I invest with bitcoin I understand and understand with all the risks that I will get in investing so I still have confidence and patience when bitcoin experiences even bad things

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gabbie2010
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August 16, 2018, 03:54:41 AM
 #234

So far I haven't encountered any damage as far as using bitcoin is concerned, the issue I  usually have when undergoing a transaction is in the verge of exchanging it to fiat there is always a sudden drop in price thus reducing the price egreed with my exchanger having budgeted the expected values of the fiat to be exchanged.

Asawakobana2017
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August 16, 2018, 03:59:34 AM
 #235

So far I haven't encountered any damage as far as using bitcoin is concerned, the issue I  usually have when undergoing a transaction is in the verge of exchanging it to fiat there is always a sudden drop in price thus reducing the price egreed with my exchanger having budgeted the expected values of the fiat to be exchanged.
Bitcoin give me a huge amount of profit it is really useful on purchasing tokens same as holding bitcoin on my wallet everything is really profitable and amazing on the crypto feild. The verry best thing to do is to hold specially when the bitcoin status is dropping. For us to avoid lossing and to secure from any damage that the huge dip can brought to us.
Ava Duvall
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August 16, 2018, 08:37:58 AM
 #236

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.

Same here!  time has been such an issue!. You want to spend 24/7 learning and investing and understanding the market. sadly when you have a full time job its very difficult to do so.
godlike123
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August 16, 2018, 08:40:32 AM
 #237

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 had a 50% loss of my money after investing on bitcoin and this is not a good loss for me because it is somehow a huge money being involved. Literally huge for me but not for those who are rich. I never get the chance to recover it since as of these moment market price for most of the crypto are down to almost 50% also for ethereum from the market price where i invested and to the current price for now.
Yara1
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August 16, 2018, 08:46:26 AM
 #238

As to me bitcoin have done move good to me than damage. The coming of bitcoin has help me to live a balanced life so far
Velkro
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August 16, 2018, 08:50:42 AM
 #239

i invested on it when the market price is 30% higher. I never thought that market is going to fall down
It can go up but cant go down yeah?  Smiley
I know the feeling, i made much  mistakes in past also.
Worse was sleepless nights watching bitcoin price charts, that was worst.
Bumblecoin
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August 16, 2018, 09:06:44 AM
 #240

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 am just holding my bitcoin. I do not mind the time that passes by. Though we can say its a waste of time to wait but when the market turns green all the time wastes will be paid off. So no worries.
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