How much damaged bitcoin has brought you? - page 19.

deppil

hero member

Activity: 1008

Merit: 501

Quote from: Marlo Stanfield on July 22, 2018, 02:36:28 PM

I can't think of any damage from Bitcoin. If someone put themselves in a position where they could be damaged by Bitcoin or its volatility, they probably made a mistake by overextending themselves.

I think one of the damages resulting from bitcoin is of course a loss due to investment. be it from fluctuation or technicality.
but one thing that makes a loss is from yourself. like panic, impatience, or lack of skills and expertise.

Vivif

newbie

Activity: 82

Merit: 0

Quote from: manfredmann on June 26, 2018, 09:23:16 AM

I had a small scale investment on bitcoin and i invested on it when the market price is 30% higher. I never thought that market is going to fall down which results to the loss of some of my money if i will sell my bitcoin holdings now. Seeing the market price i consider it as a damage which is 30%. Well if i may ask you do you feel any damage right now? I wanna know who are those people who are investing prior to the market price fall down?

I bought Bitcoin at the price of $ 10000, and currently, the bitcoin price falls well below $ 10000. But I do not feel like losing anything big. indeed the value is reduced, but I have decided to hold back (long-term investment). and plans to buy more bitcoin. Holding is the best choice in my opinion.

Generaldiscussion

newbie

Activity: 27

Merit: 0

Actually, It didn't damage to anyone and so do I. Ask for me, on the other hand, I receive many benefits from bitcoin. I have to say thank to Bitcoin

Haslett5236

hero member

Activity: 840

Merit: 500

Overall i have profited, but if i am talking about not able to sell from the ath in dec/jan 2018, i have so far lost like 60% of my portfolio since the ath.

Buttermellow

member

Activity: 462

Merit: 14

Well you will never going to have a loss on your money if you will hold still when market price of crypto goes down. This is just the ideal way of getting away from losses but of course it will still depend on how need is the money for you that even when market price go down you will going to sell it to attend the needs. But if there are no needs to get fulfilled it is better to hold and not to get any panic.

naily

member

Activity: 350

Merit: 10

in my opinion there is no damage at all but if you are not patient enough to wait and sell your bitcoin then it is definitely your loss or as you say damage because you can say damage when it's finished

yvuj101

newbie

Activity: 84

Merit: 0

Quote from: jemine on June 26, 2018, 11:07:30 AM

Quote from: manfredmann on June 26, 2018, 09:23:16 AM

I had a small scale investment on bitcoin and i invested on it when the market price is 30% higher. I never thought that market is going to fall down which results to the loss of some of my money if i will sell my bitcoin holdings now. Seeing the market price i consider it as a damage which is 30%. Well if i may ask you do you feel any damage right now? I wanna know who are those people who are investing prior to the market price fall down?

Not much damage because I wasn't greedy in my investment. I didn't put all my egg in one basket.

No damage at all but I learned a trading strategy even though no salary in promoting bitcoin I gained a little that supports for my daily needs and updated in many information of new stuff and market price.

Pasaway2701

full member

Activity: 479

Merit: 105

Quote from: lanalang on July 22, 2018, 03:36:56 PM

Quote from: manfredmann on June 26, 2018, 09:23:16 AM

I had a small scale investment on bitcoin and i invested on it when the market price is 30% higher. I never thought that market is going to fall down which results to the loss of some of my money if i will sell my bitcoin holdings now. Seeing the market price i consider it as a damage which is 30%. Well if i may ask you do you feel any damage right now? I wanna know who are those people who are investing prior to the market price fall down?

Bitcoins doesn't brought any damage to me personally because I don't invest in it before. I use only for free using bounty campaigns and airdrops. I am patient to the future of Bitcoin and want to make big profit in the future.

That way is less risky. I do not even put investment on it but rather work to have bitcoin from bounties and signature campaigns that directly pay bitcoin. There is no damage happened to me because I do not buy it but sometimes I get to sell in lower price because I need money for everyday living.

ahmedjamal1998

hero member

Activity: 728

Merit: 537

Quote from: manfredmann on June 26, 2018, 09:23:16 AM

I had a small scale investment on bitcoin and i invested on it when the market price is 30% higher. I never thought that market is going to fall down which results to the loss of some of my money if i will sell my bitcoin holdings now.

Oh the good old January prices. Last November, December and January was a pretty crazy ride. The price started with about 7.5k in the beginning of November and went up to 19.5k USD in less than 60 days !

Literally the whole world during December (even the ones with not so good economies) were talking about crypto. And everyone was blindly dropping thousands from all over the world. Heck I can't forget the pictures on tv of people lining up at btc places to buy with whatever they've got. Some people even sold their houses and cars !

I personally bought mid November and of course I knew that the dump was coming and was coming hard because all the people who came because they thought it's a money grab would quickly sell once it starts going down. Absolutely makes sense. But unfortunately I didn't see the start of the dip and I sold at about 12k or 11.

Tip of the day: never follow the hype/news. That's a general thing.

jak3

legendary

Activity: 1274

Merit: 1004

Well, you can observe the market, as whenever the price Falls people started buying Bitcoin even more because they believe that if they buy Bitcoin at cheapest price then they can get even more profit then they are doing right now. Is basically a bonus on your day trading. It's not like people and making a profit but you are not but it is like people are taking a risk and you are not and there is nothing bad about it. You don't feel right then don't take the risk.

lanalang

member

Activity: 227

Merit: 10

Quote from: manfredmann on June 26, 2018, 09:23:16 AM

I had a small scale investment on bitcoin and i invested on it when the market price is 30% higher. I never thought that market is going to fall down which results to the loss of some of my money if i will sell my bitcoin holdings now. Seeing the market price i consider it as a damage which is 30%. Well if i may ask you do you feel any damage right now? I wanna know who are those people who are investing prior to the market price fall down?

Bitcoins doesn't brought any damage to me personally because I don't invest in it before. I use only for free using bounty campaigns and airdrops. I am patient to the future of Bitcoin and want to make big profit in the future.

eolitic

member

Activity: 182

Merit: 10

I don't think it's fair to count your losses at the moment, cause it's not over. When it's irreversibile, only than you you can make such conclusions. Lots of people are sure that by the end of the year, we are going to witness something huge))

Sanmark

jr. member

Activity: 112

Merit: 1

I was buying high and panic selling low so many times that I am afraid to calculate how much money I lost in last year... And so many missed opportunities, when btc fell to 1800$ before the fork last year I panic sold everything, btc and alts, after that FOMO kicked in and i bought high, and now we are more than half a year in bear market...

Ikpirijor7

newbie

Activity: 154

Merit: 0

I don't think there are damages when it comes to bitcoin, the only thing is it has its highs and lows that makes people think is a damage

laiya94

copper member

Activity: 308

Merit: 0

Due to I changed to altcoins I didn't lose much, but there are some peoples who buy bitcoin at 18000, so think about damage happen to them.

Marlo Stanfield

sr. member

Activity: 490

Merit: 280

I can't think of any damage from Bitcoin. If someone put themselves in a position where they could be damaged by Bitcoin or its volatility, they probably made a mistake by overextending themselves.

sevenonetwo

jr. member

Activity: 99

Merit: 1

So far, I have not felt the impact of a significant loss of bitcoin because I keep my bitcoin when the market price is falling. Than I sell my bitcoin now and I got a huge loss then I better hold it patiently and calmly until bitcoin prices rise again. All just depends on the time so that this situation is a patience for us. If we are impatient then bitcoin that should be able to bring us to profit, it will lead us to losses.

bombie1

newbie

Activity: 112

Merit: 0

Well ,I will not mention a damage saying that bitcointalk has brought to me but rather benefits that has been brought by cryptocurrency. The industry has made my online payments easy,simple and cost effective. I have also made earning in the industry. And I know that many people have also made a lot of benefits in here.

gpamfmcq

newbie

Activity: 160

Merit: 0

Last year I invested in 10 ICO projects, but unfortunately more than 8 of them are losing money, and it seems that future investments need to be more careful and need a better understanding of the project.

makenoise

jr. member

Activity: 71

Merit: 1

I wait for good prices and sell what I have when I need money that I am not hesitant to do because I work to have and hold sometimes it is enough for me. I know bitcoin is not wrong, it's just we can not understand how to use bitcoin to make a profit.

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