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Author Topic: Bitcoin Destroyed me at all.  (Read 2510 times)
NO_Coin_Exchange
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December 03, 2018, 08:17:02 AM
 #181

Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.

my advise for you:
1- Sell  half of your bitcoin  
8BTC  at the current rate 4 k so you get $32k
Place an order  to buy 5BTC at 3K  that is $15K
Place another order at  8.5 BTC at $2K  that $17K

Set SMS alert to watch the price if it goes above $5K or $6K it means its going up
so you may cancel your order and buy at higher price
but most likely it will goes down to 3 or 2 then recover

keep waiting BTC will cross 19K again for sure its just a matter of time

Sinone
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December 03, 2018, 09:04:45 AM
 #182

In fact, your allegation against bitcoin doesn't make any sense mate. Perhaps you have no idea about bitcoin and also its potential if you had you didn't mention that. Bitcoin may pass its hard time actually all the coins is in a downtrend so keep patience and hold your coin for the next gala day.
darkr
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December 03, 2018, 03:40:42 PM
 #183

You pretty much destroyed yourself, wouldn't you consider a price of 10.000$ to be a pretty high price for Bitcoin? You should have waited for a decrease in price, that's not really some science, it's just common sense. It's not Bitcoin who has no future, it's you, you just paid penalty for not knowing how to invest in Bitcoin.

As I understand, the guy simply bought Bitcoin when it was very expensive. Now, when the cryptocurrency price has fallen and almost reached the bottom, it is evident that this fellow can feel destroyed.
bounceback
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December 03, 2018, 04:00:35 PM
 #184

The fate and price of Bitcoin have not only been determined for just 1 or 4 years, and I'm sure many people have experienced tremendous profits since 2009, I see with various theoretical analyzes for bullrun that the price of bitcoin should be kept as low as possible to see actual decentralization, if the price of bitcoin continues to be too expensive while it has not entered the official regulatory stage, the price will not be affordable because the fee is too high.

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aray80
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December 03, 2018, 06:17:14 PM
 #185

Bitcoin is not much different from other investments such as Property, Gold, etc, At unexpected times it will definitely fall, so invest your money and don't trust to only one coin because the risk is too high
bvg96634
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December 03, 2018, 07:42:02 PM
 #186

This is not the easiest decision after all because nobody could say for sure that bitcoin will return to the value as high, all we have is hope on that.
sammyp
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December 03, 2018, 09:56:01 PM
 #187

It’s too early for you to give up on your investment. People invested when bitcoin was less than $500, I’m sure they also doubted bitcoin along the way like you are doing now. What about those early adopters who joined when bitcoin was of no value. Things may be hard for you now but in about 5 years time you might be smiling back at your profit.

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setialovers
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December 04, 2018, 12:24:34 AM
 #188

Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.

You can recover your capital by trading your bitcoin. Right now, many altcoin increasing the price. Some peoples sees an opportunity trade bitcoin with altcoin because altcoin price very cheap and have good prospect in the future
mornabo
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December 04, 2018, 01:34:22 AM
 #189

You spent $150,000 on Bitcoin,,, this means that you should have been buying it to think about a long term investment. I mean I do not think I will ever see even 1 BTC in my life, even at $4k. Nobody in my family ever has that in savings but if we did,,, surely we would be thinking of investment of at least 5 years.

You invest that much of money and after a few months you are worried? Bitcoin is a multiyear hold, not a multimonth Smiley
Absolutely true, if you invest so much money into bitcoin you should focus on the long term dude, instead of investing in the short
term, trading should not use a lot of money in 1 purchase, you must understand the strategy too before starting
Nerman
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December 04, 2018, 01:59:26 AM
 #190

I understand that you are devastated, You virtually lost more than half of your investment. This is many people would recommend not to put all your eggs in one basket but since you have already did, it seems that you did not lost hope totally. You are still willing to wait until bitcoin hit the $11,000 mark again which I assume is still possible. Just HODL sooner or later the price will recover and you will be able to get back what you have virtually lost.
RonF
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December 04, 2018, 02:20:35 AM
 #191

I would hold your bitcoin and wait.  It is as simple as that to tremendous wealth but very difficult for many people to do.

HODL is the key to wealth
btc-room101
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December 04, 2018, 02:22:24 AM
 #192

I would hold your bitcoin and wait.  It is as simple as that to tremendous wealth but very difficult for many people to do.

Hell YEs Smiley

Had you bought pet-rocks in the 1980's, and HODL them until today, you would be in the POOR-HOUSE

Brilliant:)
Iambatman
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December 04, 2018, 02:28:09 AM
 #193

Huhu all of people now is go on panic and depressed right now but for me let's just wait or if you sell your coin yes you lose you might have a chance to back it up but for me once you go. dont exit if you dont win
Goldgidder
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December 04, 2018, 03:38:33 PM
 #194

Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.

Oh dear(( That's really a dramatical fall for you Undecided

I was going through such experience as well. However, it was not so bad as yours..

One of my friends gave me an idea to try to recover the lost ammount in crypto casino ( of course if you know something about this or you are good at let's say card games).

I tried this one VegasCasino

Of course I was not able to recover all the money which were gone with the Bitcoin fall, but at least I was able to cover some of them with BlackJack. And of couse I had some fun as well)

What was good for me that US players are also accepted and the casino is reputable and licensed. Also they provide nice welcoming bonus of 225%. But read carefully how it is provided Smiley
Spider A4
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December 04, 2018, 04:03:12 PM
 #195

I think so too, because I once learned something similar, if like this what we will do next, is this the end of Bitcoin? actually what happened so bitcoin is now very worrying. what I'm afraid of is when investors stop investing their Bitcoin because of this,
How you know that peoples stopped to invest in Bitcoin and this is not a symptom of ending period. New investors very interested to invest in cheap market  and definitely market will raising coming. Don't afraid in Btc price.
efffgin
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December 04, 2018, 04:07:12 PM
 #196

don't give up just yet, btc can run more than  btc, not now but soon.
emberbekas
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December 04, 2018, 04:34:20 PM
 #197

Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.

So sad that you have to face this bad situation. Everyone for sure don't want to be in your position but anything has risk and we should aware of it at the beginning. By planning to hold it till the price back to $11k again indeed is a good choice but I wish you realize that there is another risk that may occur.

lamthanh3462342
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December 04, 2018, 06:12:11 PM
 #198

You still keep bitcoin and do not sell it in this time which means you still have the opportunity to wait for the bitcoin to grow back. It does not destroy you, it is only by market fluctuations. Please be patient waiting for the good from bitcoin.
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December 04, 2018, 06:35:15 PM
 #199

I do not try to give you advice, but look at your situation from the other side. Look at Bitcoin as an investment for a period of 5 years. If you invested in Bitcoin personal savings, did not borrow money from a bank or from friends, then your situation is not as bad as you might think. Many world financiers are convinced that Bitcoin has a great future, and it will grow in the medium term. Blockchain technology is rapidly evolving, and you can read about it in many sources. If the blockchain develops, then the issue of increasing the cost of Bitcoin is just a matter of time. You just need patience.

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December 04, 2018, 08:23:25 PM
 #200

Investments are always risky. I hope you invested only what you can afford to lose. Also, I would suggest you to start learning some trading basics and start trading. Keep a portion of your investment as long-term and trade the rest. Slowly and steadily, you will be able to retrieve some losses. I wish you the best of luck!

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