Topic: Bitcoin Destroyed me at all. - page 10. (Read 2578 times)

bitcoin price is normal right now, and i think that bitcoin is the good digital currency that will booming in the future, when the price is down, there are many people that cut loss heir asset and investment, i think they will regret their move in the future, when the price of bitcoin is in the high position and reach all time high price

Did you also buy shares in Myspace when they had hundreds of millions of users? And then tell people that Facebook was not a threat and that theu should just HODL thei Myspace shares because facebook was a shit-site?

History is filled with investments which went up in a bubble, collapsed and never came back.

Remember the past. How much could get those people who bought bitcoin a long time ago and kept at this point. You just have to wait. Don't worry, your investment is reliable.

There is nothing unexpected here.

Bitcoin entered into a crazy bubble - as expected a lot of people with zero financial knowledge started to "invest". This predictably led to the bubble bursting - that was expected. The Bitcoin has no real large-scale use in the real world, and therefore prices continue to always drop. That is fully expected. Investors with zero knowledge cry about "FUD" and how Bitcoin is the future, and at the same time their losses just keep getting bigger. All of this is expected.

going into the future the price will continue to drop, and we will see more and more Bitcoiners lose faith - but worse, they will simply lose all their money if they do not get out.

Bitcoin has a future. Don't worry about it. Just its recovery may take some time, but it will be. Keep your bitcoins and wait.

Sorry to say but Bitcoin did not destroy you it is you who did it to yourself by not doing due diligence and risk management before investing that amount of money in bitcoin. It is always advised that invest the amount you can afford to lose and if you invested in bitcoin(the technology behind it) and within a year all of a sudden due to bad market you dont believe in it anymore.
Now I see why bitcoin is free falling like this as many who bought at those highs are now selling low and regretting.

- I think that you should not make him lose faith with crypto and Bitcoin, that just made him make the wrong decision the next time, although in the present time, your predictions and reminder are accurate, the price of the bitcoin really dropped dramatically but you should remember that this market is a series of unexpected events. You can say right today, tomorrow, even the next few weeks but bitcoin has not ended yet, the future of bitcoin is still unclear, sometimes now he is feeling bitcoin destroy his life but in the future, he will feel bitcoin is his best thing, this opportunity can still happen as long as he does not give up and follow your advice

Sell now and take the large loss. If you wait, Bitcoin will only go lower and your loss will become even bigger.

I warned every one in here many months ago to get the hell out of Bitcoin - but no-one wanted to listen. Now you pay the price for that.

Of course, I understand you, but it was unnecessary to buy bitcoin for such a high price, because the market, like bitcoin, very often falls and now you could buy much more bitcoins for the same money. I want to wish you patience and wait for everything to get better, but things cannot happen so quickly, at best, we will see some growth in 2019 at the beginning of the year if we will get very good news, and if everything will be transferred again, then we will must wait till end of 2019 or early 2020, so be patient.

Don't worry mate Bitcoin price will increase again and you will get profits. Bitcoin price is now increasing little bit and if bull run start again like 2017, then bitcoin will reach $15k again.

You took a big risk, now what you could do is to wait until the beginning of next year especially there are few states in US who have started taking tax in bitcoin. The price is bound to get stable!

If you sold your bitcoin at $20k and took your profits like experts do, then think of all the bitcoins you could buy once it drops back down to the $1k USD mean-reversion-band.

Pre sucker rally Jan 2017 was time to BUY Nov 2017 was time to SELL.

20X GAIN, or a 95% loss, ... you decide which is better

BUY-LOW, SELL-HIGH

Cut your losses, Let your profits Run

Instead BITCOIN WISDOM sez ...

BUY HIGH and HODL, and watch all your wealth disappear, who would have thought?

...

Let's see if I follow the logic, "I Feel bad that you lost all your money?", "well then just stick around and lose more, because misery loves company", ... Welcome to the BITCOIN Community Sucker

BITCOIN is absolute proof of PT-BARNUMS golden-rule, that "A fool and his money, will soon be departed", or "There's a BITCOIN fool born every minute"

Never underestimate the stupidity of men, when they think they can get rich quick.

If you are investing in risk control before you invest, then you will not say this, I always tell my friends, I warned them not to put all the eggs in a basket, and do not buy eggs with all your money. But when people are addicted to the temptation of some kind of money, they tend to fall into madness and lose control.

Feel disappoint when you see bitcoin price fall is normal because i'm sure you don't want to lost your money but if you have more patience to see bitcoin price high again i think you will feel the benefit from bitcoin and all you have to do is hold much longer because is not recommend to sold all of your bitcoin even if you sold it you will regret your decission

You are to impatient, and you are a fool for putting large amount of money on Bitcoin.

Bitcoin is a bit overpriced in the past months, and this made it very volatile and vulnerable to bigger dumps. Just wait for the market to recover or you will lose if you choose to liquidate at this point.
Do not mock Bitcoin for your ignorance, you made a mistake for not investing in other coins with more potential than bitcoin. Blockchain technology is the future, and it is brought to us in the form of bitcoin. Today, more advanced blockchains are revolutionizing different industries, delivering more efficiency and fool proof process, all those things started because of Bitcoin. This is the future.

LITTLE MORONS with their credit-cards drove up the price, and whales sold out and made off with their loot, now the little morons are told to HODL all the way to zero, to believe in fairy's and goblins, and good times coming back,

The fact is unless a new generation of morons can be convinced to get into debt  to BUY BTC, it ain't coming back,

Why in the HELL would a rich person bother with BTC? They know the score.

It was fairly predictable when assholes like Winkelvoss bought in and hyped BTC, just like they had screwed FB, just like they had learned at Harvard, ... and the masses funded their ROI.

BTC had its one time parabolic rise to the moon, study all the great manias like tulip, or south-sea, this shit is like lightening striking twice, ... its all a fairy tale.

BITCOIN was meant to be mined, not bought,

If you BUY something as a speculative 'investment', then you must set an emotional stop-loss and get out at the point, if you HOLD until zero, then you enter what is called the 'gamblers ruin'

BUY-LOW/SELL-HIGH, has always been the trading advice for all time.

People who made money, are those that entered at $400, and got out near $20k,  there is a point where GREED keeps people 'holding', and then there is this BULLSHIT about your supposed to hold all the way down to zero,

YOUR SUPPOSED to take YOUR PROFITS, and CUT YOUR LOSSES ( CUT MEANS TO SELL )

Then there is the bullshit that BITCOIN is 'different',

This was a parabolic rise, they all end this way, and they rarely ever come back, except sometimes a dead-cat bounce, but BITCOIN has already had its dead-cat bounces this year, now its continually trending lower every day,month, ... the price will revert to a mean, IMHO $1400, perhaps lower; BITCOIN will find a stable region, and then people can move back in and make money on the volatility.

The problem with BITCOIN is its a religion, and people become fixated as it is their only true GOD, and ignore everything else in the investment universe.

BITCOIN is now out of favor, it is now impossible to MINE it for a profit, no mining means no servers for transaction, soon 100's of thousands of S-9 antminers will be dumped by China for $10 or less, soon the difficulty will sky-rocket, people will think nothing of getting a bitcoin every ten years ( now 2 years ) to heat their flat in China.

Don't wait for the time that bitcoin will reach $10000 or $11000 because I think it will take a long time or maybe it will not happen again, once that there are no big investors again that will enter bitcoin then it will be impossible for bitcoin to recover its price. Why? I think it is also a big impact on bitcoin on how much we will put in bitcoin so that the market will flow again upward.

If you will wait for that time, that bitcoin will turn to $10k - $11k, there is no assurance that it will happen again, how would we know that it will happen again soon? right? It is better to invest in some other coins or maybe invest again while bitcoin price is low so that when the time that bitcoin price will recover from the price you invested, your money can be double on what you expected is just your investment.

Dont think that bitcoin destroy you.  You should have wait,  give time because sooner it will  rise again. Before you invest you should learn first so that  you should not be worried about your investment. Stay calm, bitcoin has a good future.