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Topic: How much damaged bitcoin has brought you? - page 25. (Read 4655 times)

newbie
Activity: 140
Merit: 0
Monetary damage? I guess it is only a minimal lose.But in terms of time,effort and family bonding, it was partially damage.Our normal bonding everyday and/or weekend has been on and off because I am very busy doing my bounty hunting to earn enough money to support my family and make them happy.But just lately I realize that money alone can't make them happy or can't buy happiness so now I made my adjustment in doing bounties without affecting our family bonding to avoid damages in our bonding moments.
hero member
Activity: 1148
Merit: 500
I have loss almost 80% of my portfolio. This is why im so disappointed for this bear market.
Its been months and i have not seen any improvement of it. But still not giving up. Being a trader is tough. Sometimes you're on top and sometimes you're on the ground. You have to be a risk taker. Right now i don't really mind losing 100% of my portfolio. Im loss already. I have nothing to lose now. I just keep holding it until the market recovers again. Still have high hopes Bitcoin can bounce and able to surpass its ATH.

member
Activity: 358
Merit: 11
I learnt from the beginning that bitcoins trading is risky but highly potential to make quick money, as a result I always traded amount I can afford to lose. To me , due to appropriate measures put in place, I have not suffered much damaged from bitcoins.
jr. member
Activity: 127
Merit: 3
None actually. I'm realllyyyyyy cautious and I'm a holder. My portfolio value is lower than it was in December yes but still much much higher than it was when I initially invested. I think people who investing during Nov - Jan and traders are the people are were more prone to damage
sr. member
Activity: 588
Merit: 251
I bought bitcoin in hight price and now my money looking half but i cant say Bitcoin damaged me because i invested to Bitcoin for long term and i believe i invested true where .
member
Activity: 406
Merit: 13
There are people who are already taking advantage of the present fall in price of bitcoin and will have great reward for they little investment in a short time to come, bitcoin as a volatile assets comes with a great risk and only those who understand how the market works are ready to take advantage of the present situation to buy more.
jr. member
Activity: 322
Merit: 1
The price is way below from the price by which I bought my coins. But I am not feeling damaged still as I didn't sell my coins at a price below than my cost price. I am waiting for the price to rise. So I think if you are holding you don't need to think about being damaged.
newbie
Activity: 50
Merit: 0
You know what, my personal portfolio has dropped by almost more than 75% and yes that's more than half the amount I lost. But I'm not too worried about the problem, it's because I'm here for the long term. I know that Bitcoin is here to stay and it takes quite a long time until the bear trend ends. Bitcoin will soon recover the bearish movement and will rise high in the next few months according to my personal. Do not worry too much about the damage caused by BTC to you, instead wait for it when BTC will raise your capital and will give you very good results for your investment. Thanks
full member
Activity: 434
Merit: 100
Investing in cryptocurrency is quite tough. We have really seen a lot in this game. Am not sure if there is one person that have not lost in this game. Sometimes when i sit down and count my loses it marvels me but at the same time my gains whenever i remember it leaves a smile on my cheek. Simply saying, my gains outweighs my loss am am still happy to be part of crypto community. There is still a lot to learn.
member
Activity: 299
Merit: 11
Thankfully I didn't buy when the prices are too high way back last December 2017. I thought it was very high and no way but to go down for a bit. But I did not expect it to go this low. Hope that we get through this sooner or around end of July.
full member
Activity: 350
Merit: 100
i buy bitcoin at $8000 and i already sell all my bitcoin at $7000 because in that time i need some money for buy something that emergency so i cot lost my bitcoin investment to get some money because of that, and  i dont realize that the price of bitcoinr right now is decreasing than before
sr. member
Activity: 504
Merit: 250
many people feel the loss due to the bitcoin price reduction, but do you believe that the future bitcoin will go up again? the answer is the profit you get when you still keep it now.
jr. member
Activity: 210
Merit: 1
I have no damage yet due to bitcoin because till now Im still holding it and waiting for the right time to sell.If something bad happened well I am prepared because for me not all the time you gain on something.So just set up your mindset and accept all things.
newbie
Activity: 3
Merit: 0
Bitcoin market is always volatile. We cannot guess what will happen in the future. I've just bought some BTC when the price was low. And I hope it will be increase someday as it has been before.
full member
Activity: 364
Merit: 107
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?

Well you call it an investment so most likely your original plan is to hold it for a few years. You should know that this market is very volatile and the prices swings wildly, just go on with your original plan and just hold it. DO not get emotional, Bitcoin will recover and prices will rise sooner or later.
Just relax and if you have extra money buy a few more each dip to lower your average price.

Now for your question, Bitcoin has no damage for me. I invested when the price was around $4,000 and I know I could have made money when it hit the all time high of $20,000 but I stick to my rules I will never sell it until it reach my Target price of $100,000.
newbie
Activity: 234
Merit: 0
and now, I have not felt the damage from bitcoin, maybe I have never sold bitcoin and I still keep it in the wallet and most of the tokens I get from the signature campaign... Smiley
member
Activity: 197
Merit: 10
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Since you have pointed out the damage which has been done, for me personally it is over 60% from my total holding including BTC & ALTS. Though numerically hearts a lot I have experienced some real trading methods,importance of holding & Money management systems which will return me back more than i lost. Fundamentally I'm not failed here & I'm in the process of learning this amazing industry. In my experience When ever a downtrend happens parallel uptrend is on the way. It may take sometime with some other facts but finally will recover our basic investment.

Do trade on ALTS & ICO investments are timely beneficial according to market condition which can recover the loss. Pay attention to Market trend always to get profits. Fundamental facts of BITCOIN, News & the trend says worth holding for 6 to 12 months. This is my opinion.
newbie
Activity: 135
Merit: 0
i didn't got any damaged from bitcoin cause i just invested my littlle money, I hope bounty event can meet my need for bitcoin. but i promise if I got much money I will invest it on bitcoin
newbie
Activity: 112
Merit: 0
I have the same experience with you where in fact I sold all my coins I was holding for how many months because I'm afraid that market price will go down further to cut losses.But if I see signs that market price will start to rise, I won't hesitate to buy again to cover up the damage brought by bitcoin.
sr. member
Activity: 812
Merit: 250
I don't think thia as a damage.  At this moment, HODL would be the best strategy.  Let the market be calm. Till then who invested, should be stay calm.
So far bitcoin has been so good to me from the moment that I got involved in it. Bitcoin had never done major damage with me. Well I can say that with its low price due to volatility brought me loss sometimes. But I knew that was part of the process so I'm not considering it as a bad experience. Overall bitcoin has brought me life not damage.
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