felling depressed for holding bitcoin :/ - page 25.

The Monkey King

full member

Activity: 284

Merit: 100

Quote from: sakib.bro on March 27, 2018, 12:09:44 AM

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???

You should keep it. You know that bitcoin is volatile so the dump and pump of its price is normal. Soon, it will continue to pump again its price.. just wait. if you sell your bitcoin because of panic then you can't bring back what you loss. Think first of the possible things that might happen if you continue to hold your bitcoins. Risk is always part of holding but soon it will be worth it. We just have to wait.

Nerman

full member

Activity: 364

Merit: 107

Quote from: sakib.bro on March 27, 2018, 12:09:44 AM

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???

Do you have a plan when you bought the coin. If you are planning to hold it for long term then execute that plan and do not check the prices daily, you will just stress your self and you might sell it for a loss. The price will rise in time, just trust bitcoin.

Now if you planned it to be traded for short term you should have a cutloss price and a target price. If it is way over below your cutloss then i suggest to just hold it.

reck1ess

member

Activity: 350

Merit: 30

Quote from: sakib.bro on March 27, 2018, 12:09:44 AM

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???

Feel you bud, i bought bitcoin 0.2btc on $15-16k then it drops. Sad

bad news is i need the money so i was force to sell it at low price and the rest, i'm still holding hoping it would go up again.

Quan Le

newbie

Activity: 7

Merit: 0

Your target price will alway come. Just the matter of time!

Don't sell in the price that lower than the price that you bought <== wait until the price become higher than it.

Don't buy in the price that higher than the price that you sold <== wait until the price become lower than it.

Because the price of any coin is volatile ==> no price is too high or too low that it can not catch again

So the job of traders is...wait and wait.

avikz

legendary

Activity: 3080

Merit: 1500

Quote from: sakib.bro on March 27, 2018, 12:09:44 AM

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???

You are not yet loosing money. If you sell it, then only you will loose, otherwise not. However, a lot of people are in the same situation as you are. I know some person who bought bitcoin at 18k and 20k during last year's surge when everyone was very positive about it. They are making an even huge loss. But now my question to you is, what is your outlook about bitcoin? Are you in need of an emergency fund?

If you have long term outlook and if you don't need emergency fund right away, I will suggest you to put some more money into bitcoin now. It will average out the bitcoin buying price and increase the profitability in near future. But do this only if you have long term outlook for bitcoin and not looking for a short term profit. This is the best thing one investor can do in the falling market.

Marinduque

newbie

Activity: 37

Merit: 0

In my opinion,you should hold your btc. I know its hard, but you need to be more patient about selling it. We can't predict what can happen next month in price or in btc. Just think positive, and be patient at any time you will success.

sandybindra

newbie

Activity: 46

Merit: 0

No pain no gain
You are loosing 5000$ now if you sell, but if you can wait for at least 6 months from now you will laugh at your own message. Bitcoin is volatile. May be it will be down for another 1000$ but once it will start moving upward you will not only recover your money but will also be rewarded. Be patient, wait and watch.

1020kingz

full member

Activity: 350

Merit: 106

Telegram Moderator, Hire me

you are not alone, the thing is never let your emotion drag you down, we know that in this current market all coin has fallen down including bitcoin, the key factor that help you not to loose your money is patience, bitcoin will surely rise again and give you back your loss money, just wait and hold and everything will be alright.

novogum

full member

Activity: 416

Merit: 104

Quote from: sakib.bro on March 27, 2018, 12:09:44 AM

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???

The idea is, before you sell, you didn't lose any money. Today, bitcoin costs $ 8000, and in a year it can cost 30,000. But before investing in bitcoin, you had to say goodbye to your money, because it's a high-risk tool

ashlyvash00

jr. member

Activity: 434

Merit: 2

Will me im not depressed. Yeah its pretty sad that market is still on red flag. But im confidence that someday it will recover and it will pump. And give me a huge profit

fiulpro

hero member

Activity: 1890

Merit: 831

It will be stupidity to just dump your holdings and run away. Bitcoin has its own ups and downs. It cannot always keeo on escalating upwards and end up getting super inflated. It does needs to balance out its own value. That is the beuty of the cryptocurrency. Its volatility is one of the key factors for its popularity and reach over the masses.

You should be holding those 0.5btc for more time. Its can actually turn into a jackpot someday, you never kmow.
The predictions are anyways in your favour i.e. the prices are going to rise again. Be it speculative, yet its a good move to keep on holding whatever you have. Panic selling will lead to nothing but loss.

Dread Pirate Roberts

sr. member

Activity: 1512

Merit: 326

I know what you feel when you have a diminished asset with a large enough amount. but all you can do is buyback at a lower price to add a nominal coin. even when the estimate value in usd looks less. but you get a larger amount of coin. so when the price is back in the first price you buy,
you've got a profit with it.

Zanuar Erik

newbie

Activity: 187

Merit: 0

Quote from: sakib.bro on March 27, 2018, 12:09:44 AM

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???

of course you must save well, if you sell already you will get a loss. still, there are many people who hold bitcoin more than you have, they remain patient and strongly determined to save bitcoin, until the price back up.

akmittal

full member

Activity: 252

Merit: 102

Really this is the of depression and worry for the investor of Bitcoin. But you have no option except holding the Bitcoin. The market will recover slowly and it may take some take few months.

cho99

member

Activity: 224

Merit: 61

Quote from: sakib.bro on March 27, 2018, 12:09:44 AM

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???

You should sell and get away from bitcoin because you are just stupid and you deserve to lose money , you are crying like a baby because bitcoin price falling this days but you can not see the fact that the amount of bitcoin that you are holding is a mine of gold , just look at bitcoin price in March 2017 , it was 950 $ , if the market cap goes up with the same rhythm then you can see how could be your profit and then you can understand how stupid you are to panic now .

Tenoriza

newbie

Activity: 26

Merit: 1

I think everyone does not want to lose, if you sell it the same as you burn your own money, the best solution is to hold your bitcoin, but maybe you should be patient because usually the bitcoin price will start to rise in the middle of the year.

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

Quote from: sakib.bro on March 27, 2018, 12:09:44 AM

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???

You only lose money when you sell. You have to remember that, to prevent you from losing money in the future. If the price goes up to $20 000, later this year, then you might say that you made a profit of $8000.

Unfortunately we cannot tell you what to do with your investment. A lot of people was in the same position last year, because they bought coins when the price was high and then they held on to those coins and was rewarded with a 800% profit on their investment.

You have to decide, Sell now and lose money or hodl and possibly make a huge profit.

sakib.bro

jr. member

Activity: 140

Merit: 2

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???

Topic: felling depressed for holding bitcoin :/ - page 25. (Read 1951 times)