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Author Topic: My sweet and bitter experience about bitcoin  (Read 3784 times)
SWASIRI
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September 12, 2018, 08:28:16 AM
 #361

I started my cryptocurrency journey around July 2017. I bought some altcoins;  verge; dodge, Xrp Siacoin on Bittrex and left some on bitcoin. It was a roller coaster for me around November to December 2017, particularly with verge, my crypo investment of just about $120 grew to a little bit over $3,000. I never new on time until I opened my bittrex. It was wao!

I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.

That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance,  and suddenly it was disqualified,  and the price have falling like packs of cards, more than 50% right now.

Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?

But I am wiser now.

Does anyone have similar experience

Those experience are not new to me either because I have gone through the same frustration and losses and there is nothing an investor or a trader can do regarding the matter because our duty is to invest according to the market but the market won't change according to us in our favor except you are a big whale and has the ability to change the market at your will  so many felt the same way you have
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September 12, 2018, 10:17:07 AM
 #362

I think that most of the people in here do not know how bitcoin works, adn they just want to make as much money as they can, many people in here are just investing without a proper knowledge

Your opinion is correct. I agree with your opinion about bitcoin with people who work for it ...
As far as I know, if people work without knowledge, they usually only carry out the work that exists even when investing, they can get huge losses.
it is true that many people who work only want to make a lot of money, but in your opinion, what happens like that is something that is not right work ...
If many people want to make a lot of money but without having the right knowledge, there should be special learning to know everything.

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September 12, 2018, 10:21:44 AM
 #363

My involvement in bitcoin is particularly including a sweet and severe experience, yet there are as yet many unpleasant encounters on the grounds that, toward the starting I joined bitcoin. I was exceptionally indiscreet and excessively brave, making it impossible to put my cash in bitcoin in expansive numbers without find out about bitcoin, and from that point I endured an immense misfortune.
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September 12, 2018, 10:30:40 AM
 #364

Every investor has this experience. This year showed all investors that the crypto currency market is not predictable. And I also had hopes that in 2018 I will get a good profit, but alas, I still have some (-) and hopes for growth.

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September 12, 2018, 04:08:27 PM
 #365

Today's bitcoin price is still good  because of its stable price right now and has not been dropping a big price.So I feel safe when my funds are in bitcoin to avoid the big loss of money.

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September 12, 2018, 04:21:55 PM
 #366

My most reckless act is that when it was necessary to sell bitcoin at the highest price, I thought that you can still wait, and the next day it fell.
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September 12, 2018, 04:24:44 PM
 #367

I can say with guarantee that every bitcoin uses have this kind of experiences and this experiences are that kind of lesson which helps us to survive in the crypto world.

It is natural who ever is in this field would have tasted both the experience whether it is bitter or sweet . Some times would have made money’s and some time would harvlsot the money due to some or other reason . That is how the bitcoins and crypto works.

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September 12, 2018, 07:10:40 PM
 #368

We all have our impressions from bitcoin and their mistakes and victories.
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September 12, 2018, 07:24:15 PM
 #369

I can say with guarantee that every bitcoin uses have this kind of experiences and this experiences are that kind of lesson which helps us to survive in the crypto world.

It is natural who ever is in this field would have tasted both the experience whether it is bitter or sweet . Some times would have made money’s and some time would harvlsot the money due to some or other reason . That is how the bitcoins and crypto works.

I must agree with comments above, you are right about everything. Every user have rich experience with bitcoins, longer you are here richer experience you have. That experience comes from many good and bad moments along the way, most of us experienced huge rises and big drops. With so many years behind me I had many good calls, but many times I didn`t use situations in my advantage, it would be easier if we know
what will happen, but that makes bitcoin so interesting. We are still here, that is the most important.

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Melon12
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September 12, 2018, 07:44:07 PM
 #370

All off  us hit have s different sweet and bitter experience hit in the world of bitcoin,I have sweet and happy experience when I receive my token in some campaign and sell it in high price I am so happy that days what I got my money.
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September 12, 2018, 08:13:48 PM
 #371

Experience teaching everything, when you feel enough with the profit you have then take it as soon as possible. Don't delay opportunities, predictions may be done but we also have to look at reality.

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September 12, 2018, 09:45:01 PM
 #372

everyone has one or two things to say about their investment, either positive or negative, the fact is btc remained strong in the market. investment in btc is not a decision and i believe that btc will come up again very soon.
BitcoinPanther
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September 13, 2018, 12:59:47 AM
 #373

Today's bitcoin price is still good  because of its stable price right now and has not been dropping a big price.So I feel safe when my funds are in bitcoin to avoid the big loss of money.

You are right on track Naruto.

What we are witnessing right now is a price correction of bitcoin, a normal process that takes place after an erratic price spike (since bitcoin breathes in a volatile manner). And it is also true that what we are seeing now is a stable and steady price of bitcoin which is actually not a bad price index. In fact, the current prices are way higher than last year before bitcoin peaked to nearly $20K a piece.

And if we apply some sense into it, we will realize that today's price is still an absolute charm to behold (if we choose not to be too greedy).




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September 13, 2018, 01:10:17 AM
 #374

Most of us experienced this once in life, especially in crypto market. My account the first time I invested in Binance was $3000, after 8 months I didn’t have time to check, now it remains $367 lol!!!
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September 14, 2018, 04:59:24 PM
 #375

I am not surprised to hear what you have gone through because many stories are written in the same way in the history of cryptocurrencies during past several years but the experience you have gained through terrible times are very valuable and I hope you think the same way so for any trader or investor who have experienced such things can build there future here after with solid foundation with there experience and knowledge which is something many don't have much
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September 15, 2018, 03:02:05 AM
 #376

Today's bitcoin price is still good  because of its stable price right now and has not been dropping a big price.So I feel safe when my funds are in bitcoin to avoid the big loss of money.
everyone has good or bad experience in bitcoin at this time and is very natural in this world we experience this kind of life it would be nice to use bitcoin even if there is a bad and good to do it happily later the results will be satisfying
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September 15, 2018, 03:53:21 AM
 #377

I started my cryptocurrency journey around July 2017. I bought some altcoins;  verge; dodge, Xrp Siacoin on Bittrex and left some on bitcoin. It was a roller coaster for me around November to December 2017, particularly with verge, my crypo investment of just about $120 grew to a little bit over $3,000. I never new on time until I opened my bittrex. It was wao!

I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.

That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance,  and suddenly it was disqualified,  and the price have falling like packs of cards, more than 50% right now.

Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?

But I am wiser now.

Does anyone have similar experience
before starting to invest in crypto currencies investors must be able to understand all the risks in the investment and one of the risks that we will get is that we never know the future developments that we will get in investing

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September 15, 2018, 05:25:30 AM
 #378

I started my cryptocurrency journey around July 2017. I bought some altcoins;  verge; dodge, Xrp Siacoin on Bittrex and left some on bitcoin. It was a roller coaster for me around November to December 2017, particularly with verge, my crypo investment of just about $120 grew to a little bit over $3,000. I never new on time until I opened my bittrex. It was wao!

I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.

That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance,  and suddenly it was disqualified,  and the price have falling like packs of cards, more than 50% right now.

Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?

But I am wiser now.

Does anyone have similar experience


I'm Just Starting my experience in bitcoin, but my recent experience when I joined in a contest and now I'm waiting for the Token to distribute but I don't know if My account was qualified to the contest. So right now I'm just waiting if there is or nothing but my other experienced was I learned something everyday about Bitcoin by reading some post and threads, it helps me to be aware in our currency.  Everyone has different bitter ans sweet experienced in Bitcoin, but mine I think it's Sweet.
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September 15, 2018, 05:38:49 AM
 #379

Like the saying goes 'Experience is the  best teacher', well there little or nothing you could do about it because you can control the future... These things happen!!
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September 15, 2018, 01:54:01 PM
 #380

There is a big number of traders or investors who invested in bitcoin when its price was at peak thinking it will even rise further but didn't happen so many have there own  sweet and bitter experience about bitcoin but everything might change for good because bitcoin is becoming stable and if some one thinks otherwise I suggest to look closer about price movements during last few months. Bitcoin will be fine and strong in the future and I am saying this because even as we speak Bitcoin is getting more followers that the past so unlike several years ago now more individuals posses at least some amount of bitcoin in there wallets to use as investments or to make payments and with that bitcoin might become more productive and usable in the future so definitely it will rise so I hope most will have more sweet experience than bitter experience
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