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Author Topic: How much damaged bitcoin has brought you?  (Read 4583 times)
drachman
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September 15, 2018, 02:25:15 AM
 #321

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 also suffered a loss just like you, the fall of the Crypto market brought great damage to my investment but the fact that I did not focus on that and I would never consider it a damage because in some ways I only saw the brighter side of it, this was the season of gathering more coins, where it can be very valuable in the future.

Losing money in this market is something to be expected, even if I consider myself to be successful and I have benefited thanks to this market, it is undeniable that I have lost money from time to time, the important thing is that I have earned more money than the money I have lost, so if you are losing money because you bought at the top of the market the only thing that I can say to you is that you need to hold your coins and wait for the recovery.
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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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jannatakter
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September 15, 2018, 04:35:36 AM
 #322

My personal opinion i have not loss by bitcoin broght .but some peole few time profit buy bitcoin and then losses some bitcoin.
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September 15, 2018, 05:15:32 AM
 #323

This loss of 30% in my opinion you will recover soon.  So do not worry please.  Keep patience after every bear phase a bull phase waits.  And we have to wait for that only.But
If we think of innocent investors buying @21k just imagine & be thankful to God that you are not one of those. just wait friend.
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September 15, 2018, 01:29:00 PM
 #324

i must tell you that bitcoin didn't damage my life. On the contrary, it helped me save $30000 last year. That's great.
drachman
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September 19, 2018, 05:13:28 AM
 #325

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 also suffered a loss just like you, the fall of the Crypto market brought great damage to my investment but the fact that I did not focus on that and I would never consider it a damage because in some ways I only saw the brighter side of it, this was the season of gathering more coins, where it can be very valuable in the future.

This is the right way to see what happened, many people are very negative about what happened and they sold their coins, but instead they should see this as an opportunity to get bitcoin, if you see the market that way then this is a fantastic opportunity that is probably not going to present itself again, this is similar to what happened when bitcoin crashed and it was trading for just a couple hundred dollars for a lot of time, it is likely that when the next bull market happens and we experiment another crash the next lowest price of bitcoin is going to be above 10000.
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September 19, 2018, 05:20:06 AM
 #326

in the crypto market there is a moment of rise and that is usually in the daily market activities, if you are interested in selling I suggest monitoring the market every few days and when the market price has soared with the assumption that the profit target has been fulfilled you can sell it. I am not sure that prices will continue to fall without correction or increase, because all need profits
lincolnmad
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September 19, 2018, 05:34:26 AM
 #327

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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September 19, 2018, 05:42:09 AM
 #328

in the crypto market there is a moment of rise and that is usually in the daily market activities, if you are interested in selling I suggest monitoring the market every few days and when the market price has soared with the assumption that the profit target has been fulfilled you can sell it. I am not sure that prices will continue to fall without correction or increase, because all need profits
well, if ask about the negative impact of bitcoin on me there may be almost nothing. well, the only impact when the price goes down is a feeling of disappointment and frustration. well, but I think that is a common thing in the business world. we have to prepare it.
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September 19, 2018, 06:32:46 AM
 #329

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?

Going down and increasing the price of bitcoin is a normal thing and certainly will be experienced by all investors without exception. Remember that is not a damage. I'm not one of them, because I'm always aware of what happens to bitcoin fluctuations.
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September 19, 2018, 06:44:43 AM
 #330

The way you look at the market is full of pessimism. That is not a good one. If you want to continue staying in the crypto market, you should be aware that the volatility is very high and therefore every time you blink your eyes, something big is always possible to happen. But the good thing is that whenever it falls, there will always be much better days ahead. So if you will be patient, you will still gain. No need to talk about the loss.

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btc78
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September 19, 2018, 06:49:47 AM
 #331

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 i have lost some amount at first when i am a beginner in cryptocurrency,maybe three times failure from the trading and ico participating in which taken me almost a thousand bucks,but when I learned the basic then it started all the luck and gains

To be precise the renovation of my house and the extension came from my profit in cryptocurrency and now i am planning to buy a car if given a chance ,i only need half amount to purchase

pinoyden
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September 19, 2018, 07:04:51 AM
 #332

To be honest , bitcoin didnt give me any damage in terms of financial because im not an investor or trader which means i dont buy a bitcoins but bitcoin gives me some extra income in the form of working or thru online jobs . if there any damage that bitcoin cause to me , well id say that is the time and effort because that is only my capital on here to be able to earn a profit . 

But overall it damage is still worth it and i didnt regret at all .
#dhabitamartha
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September 19, 2018, 07:12:48 AM
 #333

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 think everyone is going through a market crash and I am sure all of this is going to happen and this is only temporarily that Bitcoin will come back again and have a great value and better investment starting today when prices are cheap.
Burogh
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September 19, 2018, 07:19:18 AM
 #334

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?

My portfolio right now drop more than 60% but i think its happen to everyone who investing their money in cryptocurrency. I dont think bitcoin damages my life, but its a risk when we make investment, there is profits and loss on our portfolio

BitcoinPanther
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September 19, 2018, 07:32:21 AM
 #335

To be honest , bitcoin didnt give me any damage in terms of financial because im not an investor or trader which means i dont buy a bitcoins but bitcoin gives me some extra income in the form of working or thru online jobs . if there any damage that bitcoin cause to me , well id say that is the time and effort because that is only my capital on here to be able to earn a profit . 

But overall it damage is still worth it and i didnt regret at all .

Needless to say, it is still a loss but an acceptable one.  And i think it is really wise of you to choose to earn bitcoins rather than investing or trading on it.

I believe that bitcoin is an economy of chance and a really good one at that. And i am glad that you have found your way to lessen the possible damage as to what others had experienced. Keep it up.
Roberttran
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September 19, 2018, 08:58:06 AM
 #336

This is the crypto market. It is always fluctuating and full of surprises. Bitcoin is very useful and great. Bitcoin doesn't cause any harm to anyone. Many people have lost money on bitcoin because they have no knowledge of investing and are panicked by fake news about bitcoin. They don't trust the future of bitcoin.
Elqui
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September 19, 2018, 09:10:49 AM
 #337

In my experience in bitcoin, I don’t feel that much damage right now because im not investing too much on bitcoin. Just a little will do because I’m a little afraid if bitcoin will be down so much. But im thinking maybe I should take the risks
bitbunnny
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September 19, 2018, 09:17:04 AM
 #338

This is the wrong question.
Bitcoin can't make us any damage by itself but we can make some mistakes when using it by making wrong decisions that will lead us to loss.
Personaly I had some of such experiences when trading ended up with loss but that was my mistake and wrong estimation. But that was at the begininig when I lacked experience, now the situation is different.

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September 19, 2018, 09:35:32 AM
 #339

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?
broken, I don't think not only the price has decreased and it has become a risk in investing with crypto currencies whether it's from any coin

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Jateng
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September 19, 2018, 09:58:24 AM
 #340

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?

Cryptosurrency is risky. I do bought a coin but a very bad thing happen as bitcoin price keeps going down. It also go deep down. So my answer is yes. I feel damage, a big damage. In fact, all of my savings are affected. Up to now, i am still trying to get back my losses by means of joining different bounties.

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