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Topic: I was bought some bitcoin by sell my land - page 12. (Read 1796 times)

newbie
Activity: 208
Merit: 0
February 14, 2018, 06:33:32 AM
I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.

That was a very bad decision, exchanging your land for bitcoin. But as it is, it's already done and you are now facing the consequences of your action. There is really nothing you can do but wait. The rapid drops are partly the result of continuing fears about regulation. Its value tumbled spectacularly at the start of February, falling from $10,000 to $6,000 in four days. However, it now appears to be stable.
newbie
Activity: 132
Merit: 0
February 14, 2018, 05:36:47 AM
I do not think it should be done that will burden what we have to buy with our ability not to burden the family finances. If buying coins by selling our land is very dangerous Smiley Smiley
hero member
Activity: 980
Merit: 506
February 14, 2018, 05:05:14 AM
Buying bitcoin by selling land is very risky because sometimes bitcoin shortages sometimes go down, I'm not sure this is a good idea, but you've sold the land to buy bitcoin.
I suggest you hold your bitcoin because now the bitcoin price is down again, wait until the end of the month for the short term, if you do not need enough money to hold it until the end of the year, you will get your kentungan.
If we look at the chart of prices of bitcoin from the past years since it was introduced, it rose up to an extraordinary high value. It lead the crytocurriencies world for many years. Now if someone just sold its land to buy bitcoin, I don’t think he has made a decision which he is going to regret after some years. Because of the fact that the values of bitcoin showed an increase of about 200%.

I appreciate the decision that man made to sell his land and I don’t think he will be in loss, all he has to do is to wait while the prices are to the top again.
sr. member
Activity: 503
Merit: 250
February 13, 2018, 05:02:49 AM
Don't panic just hold your bitcoin and wait for it to recover,
You would only make it worst if you would sell all of the bitcoin that you bought you would lose the money because you sold it while it is at a low price and didn't wait for it to recover.
For me if you are telling the truth it is really reckless to sell your property just to invest it .
There are some old sayings that you should only invest what you could afford to lose.
full member
Activity: 252
Merit: 100
February 13, 2018, 04:53:01 AM
I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.
Did you actually sold your property to purchase bitcoins? If yes, then you made a mistake. Each cryptos are good but none is worth investing by selling a property. But as you have now purchased bitcoins you can just continue holding them as the price will surely just get back soon. I would like to suggest you to think twice before you invest into cryptos. They are good to earn profits but even they are subjected to market, financial and legal risks which can lead to heavy loss sometimes.
newbie
Activity: 15
Merit: 0
February 13, 2018, 04:50:10 AM
I hope you will do well in the near future! You are a very brave person to sell property for bitcoin!
full member
Activity: 504
Merit: 102
February 13, 2018, 04:47:55 AM
I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.

Hope you won't commit suicide when you see a price drop of Bitcoin, I really hope that you knew what you were doing after you have done that.
full member
Activity: 582
Merit: 101
February 13, 2018, 04:46:29 AM
I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.
the first time before singing such an action means you have to be ready with all the risks. especially the current situation. ie bitcoin prices are still down.
one of them the road that agan must be patient and wait until the price of coin agan buy up again hargaya. and do not panic with bitcoin prices that are still down .
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
February 13, 2018, 04:10:03 AM
So essentially, you have shifted some of your wealth from one asset (real estate) to another (crypto-currency). A few things needs to be considered here. The first is the risk involved with this move. Obviously Bitcoin is much more risky, when compared to real estate. Secondly, when you are selling your land, it involves capital gains (probably long term). The tax implications from this capital gains also needs to be taken to account.
newbie
Activity: 98
Merit: 0
February 13, 2018, 04:02:00 AM
I don't think you should panic, don't sell your bitcoins. Now South Korea has reopened bitcoin transactions. What you need to do now is wait patiently, bitcoin has stopped falling and it will soon return to normal.
full member
Activity: 434
Merit: 102
February 13, 2018, 03:44:33 AM
That was a bold move. Prices are now on rise again. Hope you didn't sell these coins!
Selling at such low price is not feasible for you. In this case as this brother sold his land to get bitcoins, he must deserve a huge pump for his profits. This is inspiration for many of us who are always complaining about the chances. Opportunities should be found in an environment and if you couldn’t find them, create one. For others and yourself, help bitcoins to survive this new era of world.
full member
Activity: 462
Merit: 100
February 12, 2018, 05:44:41 PM
I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.

Hold and don't panic. That's going to naturally happen since the hype for bitcoins have come down and all the hype buyers before are panic selling the moment they see a price spike. So don't give in to panic selling. You'll eventually lose the value of your bitcoins and your money once you do so.
member
Activity: 112
Merit: 13
February 12, 2018, 05:43:20 PM
I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.
For me, selling your land to buy bitcoin is not advisable because bitcoin is risky investment. Just like what happen to you right now, you loss your investment.
Well, my advice is you must keep on holding because bitcoin price will recover soon. You will get back all your losses soon, just be patient.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
February 12, 2018, 05:09:23 PM
In this forum, so much i find people who sell their goods or their wealth to buy bitcoin.
It's true to buy bitcoin is very profitable, but we must think twice, when we experience a loss.
I really appreciate your courage to sell the land, maybe you are someone who is very optimistic to profit from bitcoin.
But i think that's a less precise and risky way, better be patient to raise money and buy it.
Well if you have many property or many land you can really sell some of it and invest in bitcoin because we can really gain a huge profit through investing into bitcoin and we all know and already experience  on gaining through it so then it is really proven and tested and i think there is no harm on trying at all.
hero member
Activity: 1694
Merit: 541
February 12, 2018, 04:57:39 PM
I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.
It is really weird to hear that people are selling their property to invest into something,but let me tell you something,the only positive thing you have to do is to hold for a long time,since you have not mentioned at what price you have purchased the coins,it is difficult to give you a proper advice,assuming that you got hold of the coins when the price was rallying,the only thing you have to do is to hold the coins for a couple of years,you will end up in a good profit.
newbie
Activity: 99
Merit: 0
February 12, 2018, 04:57:27 PM
I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.

Will,you must accept the fact,that everythings happen for a reason,but why selling your land instead making other alternatives,how to earn a bitcoin with no qualateral damage,just like joining ICO campaign you must only need a small capital ,so that in the future you can join an other crypto investment.we must remember that all kind of bussiness have a risk.
full member
Activity: 420
Merit: 101
Earn crypto for being contacted
February 12, 2018, 04:47:25 PM
In this forum, so much i find people who sell their goods or their wealth to buy bitcoin.
It's true to buy bitcoin is very profitable, but we must think twice, when we experience a loss.
I really appreciate your courage to sell the land, maybe you are someone who is very optimistic to profit from bitcoin.
But i think that's a less precise and risky way, better be patient to raise money and buy it.
member
Activity: 308
Merit: 11
February 12, 2018, 04:20:53 PM
People are going crazy. As for this is not a bad idea. Earth is a very good investment. With BTC is now very different ...
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
February 12, 2018, 03:44:20 PM
That's unfortunate i don't think the price will rise now it has stopped at 9000$ for a long time it will take a lot of time for bitcoin to recover or atleast until the us market recovers what you can do is buy any altcoin which you feel can rise in the future and wait for it to rise so that you can make some profit or atleast recover your loss
Diversifying our capital now is a good move at the market because we don't have an exact idea on what coins would be pump or dump. But, if we choose a coin that is continuously dump we should hold it because we are not loss the money until we sell it at the lower price.
sr. member
Activity: 588
Merit: 251
February 12, 2018, 03:36:05 PM
I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.
Your action now determines wether you loss or you gain. If you sell now, that means you panic, and by the time bitcoin rises again, you will not be happy. Overlook the current situation of bitcoin now, hold and wait for the correction to be completed, cause bitcoin will always recover when the time comes. Therefore, HOLD.
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