Topic: felling depressed for holding bitcoin :/ - page 18. (Read 1951 times)
Relax, you will be far more depressed when it will reach 3500$. However, it might also reverse before that, perhaps after marking a double bottom at 6000$, so it is quite dangerous to sell now at a loss. In such cases I just hold.
absolute yes, you must hold until bitcoin price rise again.
many bad news come here, so it will shake it price. but so sure, the price will increase little by little and back to the normal (i mean, there are abnormal on cryptocurrent)
btw, im depressed to too hold bitcoin and altcoin. their price is under attack now
and i dont know when it will be back, just sure it will normal again
many bad news come here, so it will shake it price. but so sure, the price will increase little by little and back to the normal (i mean, there are abnormal on cryptocurrent)
btw, im depressed to too hold bitcoin and altcoin. their price is under attack now
and i dont know when it will be back, just sure it will normal again i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???
12k isn't that bad a price compared to people who had entered when the price was at 18k or above!
BTC should easily rise above this when the bullish market returns, which I speculate will be towards Christmas.
sometimes 
Have you never heard that bit coin price value decrease?
If you never had, have you never experienced when prices of goods fall in short time, and as a business person don't you know, assuming the risk of a business is a business skill, so business is liable to depreciate depending on time and season. This must be in the mind of any business personnel.
I will advise that you accept the loss and do the best with what is left.
If you never had, have you never experienced when prices of goods fall in short time, and as a business person don't you know, assuming the risk of a business is a business skill, so business is liable to depreciate depending on time and season. This must be in the mind of any business personnel.
I will advise that you accept the loss and do the best with what is left.
Investing is risky that's why we often say dont invest what you cant afford to lose because it has no assurance. Like in your situation now, the value is falling hence you cant gain profit at this time and if you sell you will lose everything but if you choose to hold there's a possibility to gain profit, just have guts and dont be discourage by those who are spreading fud. It will take time to the value to recover thus if you dont need the money yet better hodl and wait until you reach your target price or atleast you get your capital back.
HOLDING FIAT VS. HOLDING BITCOIN
With Abra, you can choose to hold your funds in fiat or in bitcoin.
By holding your funds in fiat, you can minimize the volatility of your balance, as fiat currencies are generally less volatile than cryptocurrencies. You can then decide to buy or sell bitcoin on the spot, if you choose, or send fiat to another Abra user or to someone’s external bitcoin wallet.
By holding your funds in bitcoin, you can take advantage of the upside if the price of bitcoin goes up relative to fiat. This also exposes you to the risk that the price of bitcoin goes down. Basic risk/reward.
With Abra, you can choose to hold your funds in fiat or in bitcoin.
By holding your funds in fiat, you can minimize the volatility of your balance, as fiat currencies are generally less volatile than cryptocurrencies. You can then decide to buy or sell bitcoin on the spot, if you choose, or send fiat to another Abra user or to someone’s external bitcoin wallet.
By holding your funds in bitcoin, you can take advantage of the upside if the price of bitcoin goes up relative to fiat. This also exposes you to the risk that the price of bitcoin goes down. Basic risk/reward.
Yes you should keep it, remember that before buying some bitcoins or any other altcoins, you should be prepared for the downfall of it because of it's high volatility in price. If you don't believe in bitcoin after all that lost you experience you should sell it now and forget about it. Bitcoin is not a short term investment eventhough some time it hype much, the reverse effect of this came aside it. So the mere fact is hold it as much as you can because it is the only way you should do, nothing else.
i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???
I myself is also holding bitcoin and the recent market events are truly not good but this happens regularly since bitcoin is very volatile and you can't do anything about it which if we look positively all we have to do is to hold and wait until its value recovers.
It's really a matter of concerning issue for this platform. In recent times, Bitcoin price has been fallen down a lot and we are the small holding people losing strength and getting afraid of this situation. but I have a strong belief that Bitcoin price will go up and it will create another milestone like the December 2017. That's why I suggest people not to become upset about this situation. Keep calm and be strong. Bitcoin will get back to you as with an open hand. then you will get benefitted financially, and that time is not so far...
Still keep it. I can understand your situation right now regarding your investment but right now, bitcoin is still not yet increasing right now. Better to keep your investment for the meantime....
i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???
I think I cannot answer it, because mine too is lower day by day. I just already wish that dropping will end soon. I want my btc to increase again. I hope it happen this summer. but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???
Years ago I would have had the same feeling but over the course of the years I learnt how to manage high risk investments and so up and down side
technically there are two choices for this kind of problem, the first one is to hold until your loss is being recovered. and the second one is to save in fiat, sell your coin first and then when it shows sign that could go up, then it is time to buy the coin again. but, when you already suffer that much losses, i think you should play safe by holding the coin.
Bitcoin is for long term investment. If you sell your money right now, then you'll face a huge loss. I would suggest you to have patience wait for few times more because the the price of bitcoin will increase really soon. Though it's quite risky to hold it. But, most of the time taking risk brings you to great success!
i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???
Not only you who experience it, I personally also experience it, I just have to hold it until the time can not be predicted. I just do not want to receive a loss on my investment. Hold on until the prices skyrocket again. but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???
Somehow i know the feeling, i also feel that in times that bitcoin is slowly declining. But still, i dont know why i still hold it. Eventhough no investments involved here, i still have this hard feeling in bitcoins decrease in value. Butz as i read comments in your thread, i just found a very inspiring idea. Yes, you not gonna lose some of biycoin if you dont sell it. As long as you hold it, and wait for the right time to sell it. I still have faith that bitcoin will reagin its value more than what value you bought it. A $12k value as you bought your bitcoin is no joke, but as bitcoin continue to go down, you just grab the opportunity when it reaches to 13k.
Just extend your patience just hold till the price is growing again. You can make a lot of profit if you can hold any longer because bitcoin will big again soon or later. Just do something else so you dont have time to think about your btc that always work for me u might try it
Well your future relies on your decision. Many of us are in same situation right now i think almost everybody most especially to the ones who belong buying at that same price of btc. Its really a matter of faith and luck now wether btc will skyrocket or still dip down.Goodouck to us all.
i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???
Do you have any choice? I kind of take this question as a very easy case. When you have several choices and they are all good, it is expected that you will find it hard to choose which one is the best. But then with your case, there seems to be only one good option to take and that is to keep holding your Bitcoin. You bought your Bitcoin at $12,000 and then at the moment it is already valued at $7,000. That means in terms of value it has already lost some good $5,000. That is already big enough loss. If you keep it, it will rise back sooner or later. If you let it go, you will only seal your $5,000 loss. Which one is a much better choice then?
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