How much damaged bitcoin has brought you? - page 28.

V1saya

hero member

Activity: 1050

Merit: 508

Quote from: mk4 on June 26, 2018, 10:25:02 AM

I sure damn wish bitcoin's price is higher, but the price drop didn't really cause any "damage".

Why do I hold bitcoin? Because I'm bullish on it long term, and I know the risks(volatility, etc) I'm going to get in to when investing in bitcoin. The drop right now is irrelevant if you think bitcoin is going to be higher in price long-term. It's just more of a slight inconvenience than "damage".

Exactly. It is just difficult especially on new comers to see their portfolio bleeding a lot that many of them considered selling at huge losses. This is the problem with people that are unprepared mentally and financially. I also heard some people that are new into crypto but risked too much money that they cannot actually afford to lose.

Jansaa

full member

Activity: 392

Merit: 105

Quote from: LodisMcguire on June 26, 2018, 09:30:31 AM

As for me,most of my bitcoin savings is from signature campaign,so i don't feel much damage.But,in last november i sold some of my bitcoin and regret it afterward because in december,bitcoin reach the all time high,i think that count as a mental damage.

I am a little different with you, I use my salary to invest Bitcoin and altcoin! The discount of bitcoin and altcoin has greatly affected my life.

bakujo0817

member

Activity: 313

Merit: 11

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 dont feel any damage even bitcoin price is big fall down right now because i still believe bitcoin will rise again in a future and beside i start investing in bitcoin when the price is around $3k so i dont even panic if bitcoin will continue fall.

tegarp90

full member

Activity: 546

Merit: 100

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?

You should not all in when you invest in bitcoin, because when the price is go lower, you can invest more.
Right now i just add my investment more so i can get profits at the end of the year when bitcoin is more than 10k (i'm sure)

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

I sure damn wish bitcoin's price is higher, but the price drop didn't really cause any "damage".

Why do I hold bitcoin? Because I'm bullish on it long term, and I know the risks(volatility, etc) I'm going to get in to when investing in bitcoin. The drop right now is irrelevant if you think bitcoin is going to be higher in price long-term. It's just more of a slight inconvenience than "damage".

micher143

hero member

Activity: 798

Merit: 500

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?

Actually, I can say that because of it's continuously downing fall it brings a big damage to my investment but the truth is I'm not focus on that and I'll never considered it as damage because in some ways I'm just looking at the brighter side of it that's why I've been notice and recognize that this situation is not for damaging period however, it is the season of gathering a lot of opportunities where in it can be much worthful in the future.

BrewMaster

legendary

Activity: 2114

Merit: 1293

There is trouble abrewing

bitcoin doesn't bring any damage to anyone.

if you are experiencing any "damage" or losses then it is not bitcoin's fault it is your own fault for entering a market without understanding it and without using proper cautions that are mandatory of any sort of investment.

Wickedwitch28

member

Activity: 180

Merit: 10

Honestly it didn't damaged me too much. Most of my bitcoin came from signature and biunty campaign where i joined few months ago. I was so happy when bitcoin reach almost $20000 then suddenly got devastated when bitcoin is slowly crashing down. But it's okay for me because even if bitcoin is falling down, we can still make profit in joining signature and bounty campaigns.

coin90

newbie

Activity: 17

Merit: 0

I did not lose my money when bitcoin came crashing down this year. But mentally I was devastated when I saw that bitcoin reach a new high last year, when I had some all my saved coins two years ago. So, I lost greatly by selling too soon.

bitfocus

member

Activity: 532

Merit: 15

Bitcoin is in dip and it will rise just as another investment goes dip and comes back around - if you can wait up, it's no damage. but you go panicked - you are in 100% damage.

LodisMcguire

sr. member

Activity: 546

Merit: 261

As for me,most of my bitcoin savings is from signature campaign,so i don't feel much damage.But,in last november i sold some of my bitcoin and regret it afterward because in december,bitcoin reach the all time high,i think that count as a mental damage.

First77

member

Activity: 266

Merit: 32

I came here since HYIP forum "talkgold" shut down. When I saw $1 to $8,000 in 9 years (super-HYIP) and 2,000,000 members here.....

manfredmann

member

Activity: 518

Merit: 21

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?

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