Topic: My sweet and bitter experience about bitcoin (Read 4679 times)
I think there is certainly a sweet and bitter experience for everyone. if my bitter experience is when following a project and waiting too long, we are not rewarded. it really makes us also experience regret and sometimes makes us confused. so a bad experience will certainly be there every time we travel.
I lost a lot of money while gaining experience in the cryptocurrency business. It is really impossible to be 100% sure of your decisions here, as the market is very unstable. But gaining experience and knowing the failures can learn to make good money.
You have very accurately compared cryptocurrency activities with roller coasters. Here, everything is really very unpredictable and it is not known whether the decision you made to buy or sell any coin is correct or not. But I think these risks are worth it. Here you can really make good money.
Investment in cryptocurrency is not certain and I don't think it is something you should invest the amount you can't afford to lose.
Right, invest only the money afford to lose cause you never regret how much you lose in your investment. Investing in bitcoin is good but so risky cause you don't know when it comes to decrease or increase, it is good to invest only the amount afford to lose. Tips from cryptocurrencies especially on this forum are absolutely useless. Benefit from them exactly the same as milk from a healthy person is zero. If you want to become a really good trader. broker or just trade on the stock exchange on weekends, then read specialized literature and do not listen to anyone.
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Investment in cryptocurrency is not certain and I don't think it is something you should invest the amount you can't afford to lose.
Right, invest only the money afford to lose cause you never regret how much you lose in your investment. Investing in bitcoin is good but so risky cause you don't know when it comes to decrease or increase, it is good to invest only the amount afford to lose.
For bitcoin holders, they definitely feel the bitterness and sweetness of bitcoin because the value of bitcoin is always up and down, and because of experience, we don't need to be pessimistic at the time of the decline in bitcoin prices, because bitcoin will definitely recover.
Don't lose heart for this. We should learn from it and we can get experience from it. On the crypto world, you can't expect profit all the time. You may lose your money sometimes. It is the rules of crypto market.
I still learn a lot from the world of Bitcoin until now and I still experience a lot of bitter experiences until now. Among them get a project that does not produce anything or hold the type of Altcoin that does not develop every month.
we are all still learning in the world of bitcoin, so if we get that bitter situation I don't think it's a problem. because every study there must be a failure, but we don't just give up.
I started my cryptocurrency journey around July 2017. I bought some altcoins; verge; dodge, Xrp Siacoin on Bittrex and left some on bitcoin. It was a roller coaster for me around November to December 2017, particularly with verge, my crypo investment of just about $120 grew to a little bit over $3,000. I never new on time until I opened my bittrex. It was wao!
I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.
That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance, and suddenly it was disqualified, and the price have falling like packs of cards, more than 50% right now.
Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?
But I am wiser now.
Does anyone have similar experience
Binance is one of the biggest exchangers in the crypto world so shit or priceless coin never stay this exchanger.I also started crypto trade in 2017 and get profit and also change my lifestyle and family situation.But now the crypto world is suffering so much and i cannot think that bitcoin down under 4000$ so now i am waiting for a great miracle and hope bitcoin will be back and also altcoin back to her place. I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.
That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance, and suddenly it was disqualified, and the price have falling like packs of cards, more than 50% right now.
Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?
But I am wiser now.
Does anyone have similar experience
I started my cryptocurrency journey around July 2017. I bought some altcoins; verge; dodge, Xrp Siacoin on Bittrex and left some on bitcoin. It was a roller coaster for me around November to December 2017, particularly with verge, my crypo investment of just about $120 grew to a little bit over $3,000. I never new on time until I opened my bittrex. It was wao!
I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.
That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance, and suddenly it was disqualified, and the price have falling like packs of cards, more than 50% right now.
Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?
But I am wiser now.
Does anyone have similar experience
I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.
That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance, and suddenly it was disqualified, and the price have falling like packs of cards, more than 50% right now.
Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?
But I am wiser now.
Does anyone have similar experience
Yeah almost of us experienced that kind of scenario. Maybe what we can do now is to be more wise in every decision that we are making since there is no one who can product the future. We just need to make sure to have multiple plans as we go to our journey so that if plan a falls we have plan b.
Most have those experience if they have invested longer period of time with bitcoin because due to its high volatility investors had to face both good and bad situations and still the situation continues but for people who are patient enough to hold in bad situations will definitely win this game because bitcoin is becoming very successful in the financial sector by adapting into businesses more than the past and that can definitely change this low price situation and holders will definitely make huge profits
I still learn a lot from the world of Bitcoin until now and I still experience a lot of bitter experiences until now. Among them get a project that does not produce anything or hold the type of Altcoin that does not develop every month.
I can confidently say that most people's bitter experience about Bitcoins has to do with when Bitcoin dropped from $20,000 dollars around mid December and it was never able to recover again. Now we are struggling not to go below $3000.
My best experience is that when I get the benefits of bitcoin, my best experience is when prices are like this and we all suffer a lot of losses, this is my first experience experiencing a lot of losses
By joining this bitcoin I have learned a lot, as it is better to wait for a good outcome, because if you make a lot easier you will miss a better opportunity. and the more I think about when I start reading from posts, you'll get an idea that's got to get through the advice of them. A lot of things i learned this can help on me to realize everything before i do make a decision.
I started my cryptocurrency journey around July 2017. I bought some altcoins; verge; dodge, Xrp Siacoin on Bittrex and left some on bitcoin. It was a roller coaster for me around November to December 2017, particularly with verge, my crypo investment of just about $120 grew to a little bit over $3,000. I never new on time until I opened my bittrex. It was wao!
I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.
That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance, and suddenly it was disqualified, and the price have falling like packs of cards, more than 50% right now.
Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?
But I am wiser now.
Does anyone have similar experience
I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.
That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance, and suddenly it was disqualified, and the price have falling like packs of cards, more than 50% right now.
Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?
But I am wiser now.
Does anyone have similar experience
Man this is nothing compare to others who have lost a lot. Lucky you that you've managed to take some profit and be appreciative of that. But yeah we have to learn in some way or another. if you have just bought some other projects with that it could be exponential.
hodl is the best thing always when the bullish comes up, a new ATH is got
My sweet and bitter experience in Bitcoin is I manage to earn a huge income because of it,
The Bitter part is most of my earning are invested in alt-coins and now I am so down because of this market dump.
The Bitter part is most of my earning are invested in alt-coins and now I am so down because of this market dump.
I think you don't need to say.
You know, you are investing on one of the most volatile cryptocurrencies or investment in the world and you will be saying that the bitter part of that is that the market is experiencing a dump now? This is expected, the price quickly rises you should expect that it will also dump quickly. As an investor you should include this in your plans or strategy and make a good path to avoid or ride it since when price dumps, it is the great way to invest all over again. It is not a bitter part, it is the best part, also don't forget that when it dumps, more investors invests and it make the possibility of the price pump higher.
Well yes i had similar experiences like this in the past but the thing is that the more you work with BTC and other Alcoins you become wiser and think twice before make an investment.You will have a lot of ups and downs in terms of money.You will realize that this work is not as easy as everyone who doesn't practice it thinks.
my experience is a lot of joy and sorrow I get the most profit, the bitter problem is that I am less fortunate and my bitcoin is stolen and the contents of my wallet are missing all the stories of my experience in bitcoin
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