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Author Topic: How did I lose money for Bitcoin?  (Read 882 times)
tungaqhd
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November 24, 2018, 02:52:34 AM
 #81

Same to me, i have been holding bitcoin for a long time since it was at 14000 usd and now i cannot sell it. There only one thing i can do now is holding.
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celot
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November 24, 2018, 03:22:35 AM
 #82

When you buy bitcoin at higher price and now bitcoin have down you have lost your money because lower price of bitcoin, you have keep and hold your bitcoin until bitcoin have higher price again.

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nagobinga
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November 24, 2018, 04:23:58 AM
 #83

losing money in the digital world is commonplace and moreover the people who invest in it very much must be only the rich and if the loss is only a small thing for him but if a small person is sure to make them stressed out running out a lot of money.
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November 24, 2018, 04:43:18 AM
 #84

I started researching and investing in Bitcoin from February 2018, at that time 1 BTC was priced over 8k $, I bought 20BTC and then the price started rising. When looking at Bitcoin price charts in December 2017 I was very happy and thought I was lucky to invest properly! Then 2 months in March 2018, 1BTC was priced at over $ 11k, I was happy and decided to buy another 50BTC, I thought I would be a millionaire! But not! Then the price of BTC started to fall and I lost a lot of money! I was scared and did not understand why the price of BTC decreased! As well as buying BTC, I was fomo, invested a lot of money but did not understand what I was doing. Then I calm down and explore the market, and I realize that everything has its causes and rules! I started the trader and gradually recovered the lost money! I know a lot of people like me, invest their money without knowing what they are doing! I advise people to research thoroughly before bringing money to the market! And according to my personal opinion, the upcoming Bitcoin will drop to about $ 5k before rising again! invest your money wisely, it is your decision! good luck guys!
That is good you still manage yours loses and after all, you still know how to handle that situation. It is hard seeing those losses while the market is getting down, but you handle it carefully which is good. Researching for some information on investing and having some good knowledge with it will make us decrease our losses in the future. Good thing you know how to trade to recover your losses.
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