Topic: Bitcoin Destroyed me at all. - page 4. (Read 2513 times)
Never invest too much you can't afford to lose. I think you believed the popular adage of hold while those that promulgate those ideas are trading their bitcoins each day. Learn to trade bitcoins with some margin and leverage and increase your bitcoins rather than waiting for it get back to 11k, which seems far away from now.
I don't think that you should give up. Believe that btc will increase in price again and you will be able to benefit from this difference much. It will cost as much as it was before
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.
Well no one can blame to what happen to you because your not the only one who suffer this kind of situation. The best we can do is to wait until we get what we lose just be patience and all be back on track again.
I'm sorry for your losses but you may have missed the part where risks are associated with cryptocurrency before investing your money. You can hold off until the next bear run to recoup your money back.
The price of bitcoin nowadays is very alarming. But i think there is still a brighter future for bitcoin. Don't lose hope and be patience. You can still recover your loss.
I don't think that Bitcoin destroyed you.I see big future of bitcoin.It will cost more than 11000 $.
I would hold your bitcoin and wait. It is as simple as that to tremendous wealth but very difficult for many people to do.
That wait will be quite a long time. For him or her to do, if definitely he was good in the market he won't have encountered such losses before now.
Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ 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 definitely were too greedy to hold for long. If you understand the movement of the crypto market you would have pulled out for long before the whole of this happen. I bet you are deeply in loss which you will admit on that.
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!
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.
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.
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 $11k again indeed is a good choice but I wish you realize that there is another risk that may occur.
don't give up just yet, btc can run more than btc, not now but soon.
I think so too, because I once learned something similar, if like this what we will do next, is this the end of Bitcoin? actually what happened so bitcoin is now very worrying. what I'm afraid of is when investors stop investing their Bitcoin because of this,
How you know that peoples stopped to invest in Bitcoin and this is not a symptom of ending period. New investors very interested to invest in cheap market and definitely market will raising coming. Don't afraid in Btc price. Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ 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
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
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
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
Had you bought pet-rocks in the 1980's, and HODL them until today, you would be in the POOR-HOUSE
Brilliant:)
I would hold your bitcoin and wait. It is as simple as that to tremendous wealth but very difficult for many people to do.
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.
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
Absolutely true, if you invest so much money into bitcoin you should focus on the long term dude, instead of investing in the short You invest that much of money and after a few months you are worried? Bitcoin is a multiyear hold, not a multimonth
term, trading should not use a lot of money in 1 purchase, you must understand the strategy too before starting
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