shamc
Copper Member
Jr. Member
 Offline
Activity: 336
Merit: 1
|
 |
November 22, 2018, 07:53:37 AM |
|
Sounds like the OP was already a millionaire, to spend 700,000 dollars on bitcoin means having that much spare cash plus a similar amount in assets like property. Good life for some!
|
|
|
|
|
|
|
|
|
|
|
|
|
The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
mensahkkofie
Jr. Member
Offline
Activity: 280
Merit: 1
|
|
November 22, 2018, 07:58:28 AM |
|
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!
The message was pretty insightful, I believe most crypto enthusiasts can appreciate this write-up and learn one or two things from the lessons given. Crypto has always been a long time investment to me, I believe if we are to concentrate on how best we can invest we would surely succeed in the long run. |
|
|
|
|
sincenam
Newbie
Offline
Activity: 27
Merit: 0
|
|
November 22, 2018, 08:58:22 AM |
|
First of all, sorry to hear your story but it I think that after all, you also learn something for yourself. At least, you will not make that mistake again.
|
|
|
|
|
|
endlasuresh
|
|
November 22, 2018, 09:05:45 AM |
|
Just HODL them so you gonna on the race again. I would suggest never invest unless you afford to loose.
As per the previous replies are correct you haven't losted anything, but just keep for some more time and sell it.
|
For Telugu Translation Contact to me
|
|
|
carllabrant
Newbie
Offline
Activity: 1
Merit: 0
|
|
November 22, 2018, 09:11:42 AM |
|
we can just hope that it might get back up again since alot of it is at stake
|
|
|
|
|
Udrujec
Member
Offline
Activity: 308
Merit: 12
|
|
November 22, 2018, 09:46:31 PM |
|
You give very competent advice to all inexperienced investors. The drop in bitcoin price is a very dangerous and deceptive moment, because of which you can lose your money. Therefore, you need to carefully study bitcoin and everything connected with them.
|
|
|
|
|
DaWidyaa
|
|
November 22, 2018, 10:09:39 PM |
|
In my opinion, people who managed to get profits with bitcoin because these people have used bitcoin well in terms of the right investment, and I don't think you can use bitcoin well.
|
|
|
|
|
rtm125
Member
Offline
Activity: 434
Merit: 10
|
|
November 22, 2018, 10:16:09 PM |
|
You are right, in order to get a real big profit by investing in cryptocurrencies, you need to devote a lot of time to studying this issue. Otherwise, due to inexperience, you can succumb to General panic from the fall in the price of bitcoin and lose your profit.
|
|
|
|
WebTera
Member
Offline
Activity: 322
Merit: 10
|
|
November 22, 2018, 10:19:06 PM |
|
I also like many beginners thought that if the price of bitcoin falls, then it dies. But more competent investors told me that I was wrong, and stopped me from selling. And since then I began to study cryptocurrency, bitcoin, market much more. This is a very necessary knowledge if you want to earn successfully in this field.
|
|
|
|
|
kamBlanV
Full Member
Offline
Activity: 441
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
|
|
November 22, 2018, 10:30:16 PM |
|
I think that you have to wait until the battle hashrate is complete, you better use this bearish time to hold or buy more bitcoin.
I am sure, you have a lot of BTC, and you can control your time. you are a small whale.
|
|
|
|
|
Glutius
|
|
November 22, 2018, 10:30:54 PM |
|
My investment history is similar to yours. But I am learning from my mistakes, and since then I have greatly improved my knowledge in the field of bitcoin. And it helped me to increase my Deposit and continue to earn with the help of cryptocurrency. Therefore, I do not advise anyone to miss the moment of crypto education.
|
|
|
|
|
Wowcoin
|
|
November 22, 2018, 10:46:11 PM |
|
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!
You are very lucky because you recover all your losses many people now are they are regretting because they buy bitcoin when the price is so high. And they don't know what they do how to recover their losses. Hope they will do search also as you do. |
|
|
|
|
|
creeps
|
|
November 22, 2018, 10:52:29 PM |
|
Indeed, we must be wise to manage our assets in order to have benefits, and this is what we often feel indecisive about the unhealthy market conditions, so managing this certainly requires a more observant time to pay attention to charts so that today's trading does not take our money.
In this market that is full of uncertainty, being a wise trader/investor can save you from losing bigger money. We are not sure about the future, but being more organized, more professional when it comes to trading decision the future can be good to you. I think that you have to wait until the battle hashrate is complete, you better use this bearish time to hold or buy more bitcoin.
I am sure, you have a lot of BTC, and you can control your time. you are a small whale.
Holding and buying for me are the best decision that you will do during this bearish trend. Yeah, he might be a small whale and hopefully he knows what to do more during this moment of uncertainty. |
|
|
|
|
|
hadveach
|
|
November 22, 2018, 11:04:50 PM |
|
many people have an experience like you, including me, but I only have a little BTC, and I can't control the market.
First, this is a sad story.
second, from this story we can take lessons, that BTC has high and fast volatility, $ 3000 falls within 1 week,
third, we can use this bad event to buy lots of crypto.
|
|
|
|
|
andi_wahid
Jr. Member
Offline
Activity: 490
Merit: 7
|
|
November 23, 2018, 07:10:51 PM |
|
it looks like I've been fooled into this fantastic story !!, why does someone who already has hundreds of thousands of dollars in his grasp then scavenge for hope in a bounty that is nothing compared to what is in your wallet. maybe this is just your essay or imagination and this might be your typing in placing the number 0.  |
|
|
|
|
nahotachikwem
Jr. Member
Offline
Activity: 224
Merit: 1
|
|
November 23, 2018, 08:08:18 PM |
|
A close study of bitcoin is required before investing. Moreover, you do not invest what you cannot afford to loose.
|
|
|
|
|
keanne_isaac
Full Member
Offline
Activity: 392
Merit: 103
www.daxico.com
|
|
November 23, 2018, 08:50:34 PM |
|
Crypto Market really performing bad while many people expecting it would be bullish this year but what happen is market react oppositely this only show how hard crypto market to predict. but if we think market is bearish maybe that's the time crypto will become bullish.
|
|
|
|
|
cxmyifan16
Member
Offline
Activity: 377
Merit: 10
The Premier Digital Asset Management Ecosystem
|
|
November 23, 2018, 09:38:21 PM |
|
I think that btc is not a loss because it will rise in price soon and you will be able to earn much or at least return your money invested in the coins. to my mind, btc is a great long-term investment. I like it really much due to its benefits
|
|
|
|
Tnt1971
Jr. Member
Offline
Activity: 1232
Merit: 1
|
|
November 23, 2018, 11:32:44 PM |
|
I loss my money for bitcoin that is way that when bitcoin price is above $10000 then I invested my fiat money in bitcoin..now bitcoin price is $4200
|
♦♦ SokuSwap ♦♦
── I use Soku, do you? ── |
|
|
|
endut15
|
|
November 23, 2018, 11:48:58 PM |
|
Sounds like the OP was already a millionaire, to spend 700,000 dollars on bitcoin means having that much spare cash plus a similar amount in assets like property. Good life for some!
I think losing our money is easy, but managing it is quite difficult, so we should, don't invest in one place because we never know the conditions that occur now or later. |
|
|
|
|
|
