Journey to Hell, With Bitcoins | Bitcointalksearch.org

batang_bitcoin

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Activity: 3080

Merit: 603

Quote from: cryptocoinplay on July 16, 2017, 12:07:28 AM

Now its Going down and down and I can only see Red Candles and no support levels in the BTC/USD chart,

NO it's not going to go down and just check the rate of bitcoin again today the price is pumping a little bit. I suggest to you that don't always check the price of bitcoin because it might hurt you for real.

Quote from: cryptocoinplay on July 16, 2017, 12:07:28 AM

Guys I'm really confused what's next. Will the price go down to $1K? I'm on a Massive Loss...Don't know how to recover Huh

Don't you worry the price is quite good and stable at $1,800 - $2,000+ and whales will not allot it to get back again at the bottom.

megynacuna

sr. member

Activity: 756

Merit: 253

Quote from: olushakes on July 17, 2017, 04:47:56 AM

Quote from: cryptocoinplay on July 16, 2017, 12:07:28 AM

I'm not a Fan Guy of Bitcoins.
I had received payments of $3,000 for my work from client and which was hard working money while the BTC/USD price was $2700+,
And as other's were expecting the price would push up to $3K+.

Now its Going down and down and I can only see Red Candles and no support levels in the BTC/USD chart,
Guys I'm really confused what's next. Will the price go down to $1K? I'm on a Massive Loss...Don't know how to recover Huh

In there crypto world, one sure thing is uncertainty but the downward trend is not something people like us believe will last forever, so you are either going to join us and make bitcoin stronger or you go the way of those we see only in time of surplus but are quick to dump and even spread panick attacks in the case of little downward trend like the one witnessed in the past few days.

Yes people will have to take into account that cryptocurrencies are very volatile because they lack central control especially Bitcoin and so when it takes a downward trend we should learn to appreciate that it's part of the attributes of Bitcoin.

Przemax

hero member

Activity: 574

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Welcome to the bitcoin land - To the land of unrestricted speculations. If you are of faint heart, just do not invest any more than a symbolical ammount that will teach you how this all work.

Right now the bounce back is fairly convincing all will be well. There are people that are enjoying a long squozes from time to time. But such a sittuation is everywhere, where you can invest anything. If you do not like it - do not invest.

webtricks

legendary

Activity: 1918

Merit: 1728

Quote from: cryptocoinplay on July 16, 2017, 12:07:28 AM

I'm not a Fan Guy of Bitcoins.
I had received payments of $3,000 for my work from client and which was hard working money while the BTC/USD price was $2700+,
And as other's were expecting the price would push up to $3K+.

Now its Going down and down and I can only see Red Candles and no support levels in the BTC/USD chart,
Guys I'm really confused what's next. Will the price go down to $1K? I'm on a Massive Loss...Don't know how to recover Huh

When you got the payment, you did get the chance to convert it to fiat and exit the Bitcoin phenomenon. But you decided to remain in market to earn more profits which in turn impose a condition on you and i.e. "Profits with risk bearing". What you seeing presently as price clashes is essence of risk bearing that you accepted when decided not to sell BTC.
Now you have one tool and that is HODL, this is very unique feature of Bitcoin unlike other investments which says that sooner or later you will surely earn profits on your investment, all you need to do is HODLING Bitcoins.

eternalgloom

legendary

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Quote from: aldrian09 on July 17, 2017, 07:45:51 AM

You know already that bitcoin is very volatile then why did you accept the payment using bitcoin when there is a chance for the price to drop. Maybe you are thinking that it will go up and did not expect it to go down. We'll i guess now you know how bitcoin works I hope this will serve as a lesson to everyone.

There's nothing wrong with accepting Bitcoin as a payment for services delivered, if you just exchange it for fiat immediately.
This guy just saw it as an investment and lost, he should have known that this was a possible outcome.

aldrian09

sr. member

Activity: 308

Merit: 250

You know already that bitcoin is very volatile then why did you accept the payment using bitcoin when there is a chance for the price to drop. Maybe you are thinking that it will go up and did not expect it to go down. We'll i guess now you know how bitcoin works I hope this will serve as a lesson to everyone.

BillyBobZorton

legendary

Activity: 1204

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Quote from: cryptocoinplay on July 16, 2017, 12:07:28 AM

I'm not a Fan Guy of Bitcoins.
I had received payments of $3,000 for my work from client and which was hard working money while the BTC/USD price was $2700+,
And as other's were expecting the price would push up to $3K+.

Now its Going down and down and I can only see Red Candles and no support levels in the BTC/USD chart,
Guys I'm really confused what's next. Will the price go down to $1K? I'm on a Massive Loss...Don't know how to recover Huh

These things can happen with bitcoin, the marketcap is tiny, which means fluctuations are going to be wild as long as bitcoin isn't worth half a million dollars per coin at least. BTC will not be a good currency until the marketcap is huge and people with a few BTC are rich, that amount of liquidity will be enough to keep a stable price.

So just hold and once the current hard fork attack is defeated we will go to another all time high.

Juggy777

hero member

Activity: 2646

Merit: 686

Quote from: cryptocoinplay on July 16, 2017, 12:07:28 AM

I'm not a Fan Guy of Bitcoins.
I had received payments of $3,000 for my work from client and which was hard working money while the BTC/USD price was $2700+,
And as other's were expecting the price would push up to $3K+.

Now its Going down and down and I can only see Red Candles and no support levels in the BTC/USD chart,
Guys I'm really confused what's next. Will the price go down to $1K? I'm on a Massive Loss...Don't know how to recover Huh

Your frustration is legit, you got two options from where I see, a) cry and more cry and sell your coins at a loss. B) understand that bitcoin is very volatile, and this all is happening cause of August 1st event and once that goes away, prices shall shoot up. So I would recommend you to sit tight and forget about Bitcoins till mid August, a great rally is coming and if you sell now you will regret forever, be patient and you shall reap rich rewards. Just be positive on Bitcoins.

olushakes

sr. member

Activity: 476

Merit: 254

Quote from: cryptocoinplay on July 16, 2017, 12:07:28 AM

I'm not a Fan Guy of Bitcoins.
I had received payments of $3,000 for my work from client and which was hard working money while the BTC/USD price was $2700+,
And as other's were expecting the price would push up to $3K+.

Now its Going down and down and I can only see Red Candles and no support levels in the BTC/USD chart,
Guys I'm really confused what's next. Will the price go down to $1K? I'm on a Massive Loss...Don't know how to recover Huh

In there crypto world, one sure thing is uncertainty but the downward trend is not something people like us believe will last forever, so you are either going to join us and make bitcoin stronger or you go the way of those we see only in time of surplus but are quick to dump and even spread panick attacks in the case of little downward trend like the one witnessed in the past few days.

mrayazgul

hero member

Activity: 560

Merit: 500

Quote from: SvenBomvolen on July 16, 2017, 05:24:11 AM

Bitcoin is on 1900$ point already. I'm in the same situation as you are, but the sum is much lower, but anyway I know how you feel. I would recommend you to not touch those bitcoins, because of a new wave of growth is expected after the 1st of August. Hold your coins if only you don't need money desperately.

Yes, please hold your coins if you want to avoid the loss. After reaching 1900$, bitcoin again rising and now above 2000$. Soon when people realize that bitcoin is not being hard forked, they will be a massive buy making bitcoin price above 3000$ in no time.

ximply

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I do crypto TRADING

Quote from: The Sceptical Chymist on July 16, 2017, 04:07:39 PM

It's interesting to me to see how many people here don't have the intestinal fortitude to be invested in bitcoin. I suspect a lot of these people starting topics about "how low will we go?" weren't here back in 2013-14 when volatility was also through the roof. If you've got faith in bitcoin as either an investment or as a currency, just hold. You're never going to make any money buying high and selling low, are you?

We certainly could drop a lot lower, but none of us know where the bottom is.

I think we have reached the bottom already. Now bitcoin rate is climbing strong. So people i advice you to buy on deep. But good thing i bought bitcoin already and will just time my next buy on deep.

cryptocoinplay

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https://tinyurl.com/cheapVPS200

BTC/USD got a good support in the 1810 area and trying coming back to its position. Hope for the best

stompix

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Blackjack.fun

Quote from: hatshepsut93 on July 16, 2017, 09:00:31 AM

Many people considered it as a bubble or unhealthy speculations, because if the price rises too much and too quickly, it may crash quickly too. So, if you can't afford to lose any current value, you should usually sell BTC that you receive as a payment.

No, let's be honest.
Nobody considered it a bubble. Duck maybe and probably nagle.

Everybody was talking only about Japan, 300k stores, ETF millions of adopters , Africa , India.
Look at the threads.
Everyone denied being in a bubble.

People were talking about 5k, 10k, 50k in 5 years.
Let's be honest.
Nobody here wanted this "bubble" to burst we were all happy with BTC at 2800 we didn't need a healthy correction.

Vikingr

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Activity: 798

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Quote from: cryptocoinplay on July 16, 2017, 12:24:21 AM

I had just left the hope, all money is gone...

Friend, Don't left the hope. Bitcoin is now changing their setups e.t.c to provide fasted transaction. Therefore it is going down it will be more powerful than you present. Because now a days it is a challenging moment for bitcoin. So keep calm it will be a rise soon after August and it will cross the boundary of $4000 after in a middle of August.

The Sceptical Chymist

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Top Crypto Casino

It's interesting to me to see how many people here don't have the intestinal fortitude to be invested in bitcoin. I suspect a lot of these people starting topics about "how low will we go?" weren't here back in 2013-14 when volatility was also through the roof. If you've got faith in bitcoin as either an investment or as a currency, just hold. You're never going to make any money buying high and selling low, are you?

We certainly could drop a lot lower, but none of us know where the bottom is.

agatha818

sr. member

Activity: 284

Merit: 250

Lost some a while back, I was so frustrated coz I invested a money on my bitcoin, and I regret doing that, but I never lose hope, I recover my money coz bitcoin Soared up high and I recover some of it, I guess that's the way trading works, but still hoping for the best, a lot of people here in the community are positive about bitcoin, and After all that frustration and regret in the past, I still believe bitcoin is the next best thing! 😊

eaLiTy

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Have Fun )@@( Stay Safe

Quote from: cryptocoinplay on July 16, 2017, 12:07:28 AM

Now its Going down and down and I can only see Red Candles and no support levels in the BTC/USD chart,
Guys I'm really confused what's next. Will the price go down to $1K? I'm on a Massive Loss...Don't know how to recover[/font] Huh

If you are at a heavy loss ,i would say never panic and sell when you are at a heavy loss,just make sure that you add more coins whenever you can at a lower rate ,it is certain that the price of bitcoin will rise again in the future,just hold onto your coins for the long term and eventually the price will rise in the future,even if there is a split if you are having coins in your wallet where you have the private keys then you will have all the split coins.

Kotone

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Quote from: cryptocoinplay on July 16, 2017, 12:07:28 AM

I'm not a Fan Guy of Bitcoins.
I had received payments of $3,000 for my work from client and which was hard working money while the BTC/USD price was $2700+,
And as other's were expecting the price would push up to $3K+.

Now its Going down and down and I can only see Red Candles and no support levels in the BTC/USD chart,
Guys I'm really confused what's next. Will the price go down to $1K? I'm on a Massive Loss...Don't know how to recover Huh

i feel sad for the bitcoin price since i am not aware for what the price of the bitcoin right now i think before that i need to convert all my bitcoin into fiat currency because i have a huge doubt that bitcoin will become this down and now here it is bitcoin now is at the price of 1,894 usd per bitcoin and yeh it is really hard for me to see that bitcoin is going that that hard. Hoping that it will recover soon.

v0rtecxz

sr. member

Activity: 406

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Now it's bitcoin is down and I think it's a common thing all will also have its ups and downs, and I think growth will happen as 1 August whether it will rise or reverse it, actually I also understand what you feel now, all Its definitely the same too, but i think i will keep this until the pump is kali pumping it

hatshepsut93

legendary

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Quote from: cryptocoinplay on July 16, 2017, 12:07:28 AM

I'm not a Fan Guy of Bitcoins.
I had received payments of $3,000 for my work from client and which was hard working money while the BTC/USD price was $2700+,
And as other's were expecting the price would push up to $3K+.

Now its Going down and down and I can only see Red Candles and no support levels in the BTC/USD chart,
Guys I'm really confused what's next. Will the price go down to $1K? I'm on a Massive Loss...Don't know how to recover Huh

First, you have to understand that every gain opportunity comes with a risk, in your case you wanted to get extra 11%, instead you have lost close to 30%. In fact, Bitcoin surged in price from $1000 to over $2500 in a very short period of time, just a few weeks. Many people considered it as a bubble or unhealthy speculations, because if the price rises too much and too quickly, it may crash quickly too. So, if you can't afford to lose any current value, you should usually sell BTC that you receive as a payment.

Topic: Journey to Hell, With Bitcoins (Read 2476 times)