Your story is another sad commentary of what has been going on for as long as bitcoin existed. Unfortunately there are always some people who introduce bitcoin to others as something you can buy to make profit! But bitcoin is not a money making machine. It is a currency that is decentralized and is meant to be used as an alternative payment system to the existing centralized payment systems that are filled with numerous issues.
The price and its long term rise (not short term like 2 days!) is only an additional benefit of this currency that unlike any other currencies has a limited supply.
Topic: My first novice view towards Bitcoin - page 2. (Read 250 times)
Today I was convinced by a friend to take part in the interesting lectures going on Bitcoin talk..
The first time I had to do anything with Bitcoin was three years back when I first purchase a Bitcoin of small amount in my bitcoin wallet..at the time people all over locality was just talking about this amazing platform Bitcoin that if you can purchase a Bitcoin of 100$ and leave it in your wallet,it will grow to and change any moment from when you bought it ...and for me I never knew it can be an (increasing or decreasing change) so I was very eager to try it out.
So I bought Bitcoin of 75 $ in the wallet I created and left there till two days time to check if revelation are true..
So after everything I went back to my wallet to check if my bitcoin has grown to better amount all to my greatest suprise.. Bitcoin of 75 $ reduce greatly to 47$ I was so scared I knew not that it can reduce too...so I immediately withdrawed everything having a loss ..and since then I am conscious with anything Bitcoin..
The first time I had to do anything with Bitcoin was three years back when I first purchase a Bitcoin of small amount in my bitcoin wallet..at the time people all over locality was just talking about this amazing platform Bitcoin that if you can purchase a Bitcoin of 100$ and leave it in your wallet,it will grow to and change any moment from when you bought it ...and for me I never knew it can be an (increasing or decreasing change) so I was very eager to try it out.
So I bought Bitcoin of 75 $ in the wallet I created and left there till two days time to check if revelation are true..
So after everything I went back to my wallet to check if my bitcoin has grown to better amount all to my greatest suprise.. Bitcoin of 75 $ reduce greatly to 47$ I was so scared I knew not that it can reduce too...so I immediately withdrawed everything having a loss ..and since then I am conscious with anything Bitcoin..
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