felling depressed for holding bitcoin :/ - page 9.

brylle34

full member

Activity: 476

Merit: 100

Quote from: sakib.bro on March 27, 2018, 01:09:44 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???

im so sorry to hear that, but always remember never invest what can't afford to loose because the results will be like what you are feeling now, depressed, heartache but we should understand that we all can't get profit from bitcoin, some will loss some will gain, what i recommend to you is to do some trading while there is a roller coaster that is going on bitcon, what i mean is to grab the opportunity on this dips to earn profit, buying and selling.

Sinecoin

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Activity: 742

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Quote from: sakib.bro on March 27, 2018, 01:09:44 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 number one rule of investing is that you should never invest money that your dependent on so if thats the case then it might explain why your feeling down about this situation. furthermore, as another user mentioned you only lose money when you sell so if you keep holding then technically your not at a loss yet. If i were you i would just hold and wait for bitcoin to recover because after a long bear trend like this it has to moon again.

chocolah29

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I understand OP is just new in the market and have a limited knowledge about cryptos that's why he's so depressed. Hope he knew that bitcoin is too volatile that in instant it can make you profited and loss. Don't sell at loss so better to just hold or you'll be losing more and for now just forget your bitcoin and come back before the year ends.

Jingjess

full member

Activity: 336

Merit: 100

The Pure Proof-of-Tansaction [POT]

Quote from: sakib.bro on March 27, 2018, 01:09:44 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???

Selling bitcoin this time is not the right decision because the price is very low,wait for the right time and the right price.Don't be like others selling at low price.

CryptoJedi1

newbie

Activity: 54

Merit: 0

If I were you, I would hold the BTC till the end of the year, rather than selling it at a loss. Major price hike is seen towards the end of the year.

yvonnegalvan

member

Activity: 128

Merit: 10

Quote from: sakib.bro on March 27, 2018, 01:09:44 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 feel depressed when you are holding bitcoin? Well, you just feel depressed if the is in a low price, because you think that the price will never be go up. Don't be panic if the price is in the low price bacause it will be highier in a months or year.

icaica22

newbie

Activity: 163

Merit: 0

I know what you feel when you have a diminishing asset with a sizeable amount. but all you can do is buy back at a lower price to add a nominal coin. even when the approximate value in usd looks less. but you get a larger amount of coins.

Crowdsale.network

newbie

Activity: 104

Merit: 0

Be more tolerant and calm. Many people who also like you bought bitcoins when the price was expensive. I believe in bitcoin raising. You just have to wait.

huige007

sr. member

Activity: 887

Merit: 253

Quote from: Joushi on April 08, 2018, 12:57:40 PM

Quote from: sakib.bro on March 27, 2018, 01:09:44 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???

Actually no one knows when the price of bitcoin will increase.You should keep patience and holding your bitcoin.

This is natural. Ever person will be depressed if the value of something he owns declines but this not the end and we still have a lot of time to see the magic. The price of the coin is determined by the free market forces or the invisible hand by which I mean the demand and supply of the coins will increase the value again as many people starts acquiring Bitcoin. This actually happened in the last few months of 2017.

ScottJake

newbie

Activity: 13

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The control of emotions and psychology is paramount, if you do not already feel at ease with bitcoin I recommend you exchange it for FIAT money or exchange it for other altcoins.

JennetCK

full member

Activity: 305

Merit: 100

[PROFISH.IO]

Quote from: sakib.bro on March 27, 2018, 01:09:44 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 continue to hold it. Don't worry about your losses, good things will come. If you sell it right now to cut your losses, then that is more losing. By the end of the year, bitcoin price will climb up, you will gain more profit than your losses today.

firasbc

newbie

Activity: 34

Merit: 0

Of course you should hold it more and you'll be in profit soon.

Cloak1

sr. member

Activity: 623

Merit: 251

I'm also holding a few bitcoins, and it's really depressing now. In early year of 2018 until today, the price hasn't shown a significant increase. It often shows decreasing, and honestly it gets me panicked. However I believe the price will recover. I just don't know exactly when. Holding isn't easy especially when you see the price of bitcoin and altcoins are red. As long as we can be patient to wait for the high price, we will get more than we expect.

yanlap

hero member

Activity: 672

Merit: 500

Quote from: FrancePG on April 08, 2018, 07:50:26 AM

Quote from: sakib.bro on March 27, 2018, 01:09:44 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???

In this case, you can only wait for bitcoin to grow. Not to sell, but to keep it in your portfolio. He should start growing soon. Sooner or later, it's gonna happen.

For sure something huge takes time to be done so the price of bitcoin will be high someday but for it we will have to hold our bitcoin with a lot of patience and we will have to wait. For me the best way of getting profit is one and only that do not panic your bitcoin at any cost as one day surely you gonna see the price high once again, don’t get depressed as once you invest don’t keep on checking the price in market have faith and hold your bitcoin without panicking.

liamnorthcoins

newbie

Activity: 211

Merit: 0

Quote from: sakib.bro on March 27, 2018, 01:09:44 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???

I can only imagine how frustrating and sadenning this might be for you.. But as what i have mentioned in my posts every investment has a certain risks. If you lose now then it is gone..if you still have remaining btc i advice that you play it well again. I don't suggest to sell the remaining now because there is still no gain on that. Hold and wait for the next pump that is the only way to regain your loses. Goodluck.

Quicksilver143

newbie

Activity: 110

Merit: 0

I can say that investing on bitcoin is a game of risks. You should risk your time and your money. In your case you don't lose anything yet. You will only lose something if you're going to sell your coin now. It is a matter of time. Bitcoin is volatile, its value changes from time to time. If youre going to sell your coin now, of course you're going to lose a lot. You should wait its value to rise up to prevent loss. Divert your attention to other things so that you will may not be disappointed of its price as of now.

mak2017

full member

Activity: 434

Merit: 110

Quote from: sakib.bro on March 27, 2018, 01:09:44 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 take a look at historical price graphics of bitcoin and calm down.
Don't invest money into bitcoin which you can not afford to loose is also a good idea to stay away from depression.
Thinking longterm really helps, bitcoin blockchain proved for the past 9 years great stability, today lightning network has just started to function which will definitely only strengthen bitcoin ecosystem.
If still not convincing to HODL bitcoin, than try just to forget about it for few years Wink

SteinsGate

jr. member

Activity: 98

Merit: 1

Relax and be patient. You have to abstain looking at the value of bitcoin because you are just hurting yourself day by day. What you need to do is set your goal at the end of the year. At that time try looking at the value of bitcoin. If it does rise then you get a profit for waiting, if not then wait for another year. Just don't sell it yet if it is below your invested value.

HiringYou

sr. member

Activity: 574

Merit: 256

Ever Bitcoin investor is feeling depressed nowadays.This is because there has been a huge fall in the price and it is still falling.Investors have no choice instead of holding their Bitcoin's. They can't afford to sell because if they will sell at this particular rate then they will face huge loses.I will advice you have faith in Bitcoin and to keep holding your BTC's.Bitcoin has a capability to recuperate from this drop and to reach new heights again.So be positive.Bitcoin will surely rise again to new heights and will let you earn huge profits.Just be calm and hold.

jikurpa

sr. member

Activity: 665

Merit: 250

Quote from: sakib.bro on March 27, 2018, 01:09:44 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???

if you still have confidence and patience for your investment with bitcoin I think hold it and wait for some time may be no problem may be profitable future

Topic: felling depressed for holding bitcoin :/ - page 9. (Read 1884 times)