My sweet and bitter experience about bitcoin - page 12.

RobertNykanen

newbie

Activity: 72

Merit: 0

Quote from: Usafstar on September 18, 2018, 11:28:23 AM

My all experience is sweet about bitcoin and other crypto and i think that now the time is very tough for the new people because bitcoin is not showing any progress and in these days bitcoin is not showing any up movement which is panic for the new investors and i have invested my most of the capital in bitcoin and now price is stopped so i have no other way to use it but it is my future long term investment. Main reason which can influence the bitcoin is the people interest and popularity.

That's true. Actually the fact if all the newbies just look at the bitcoin graph and its way too high. No doubt long term investment is the best strategy.

Sergey698698

jr. member

Activity: 98

Merit: 2

You're not alone.A lot of people bought bad coins at the end of 2017.There are two options.Either you earn a lot of money or lose a lot.No need to get upset.Cryptocurrencies are risky investments

Emilyp

member

Activity: 546

Merit: 10

Well, you actually have a lot to be happy about. You were able to withdraw over 1000% of your investment, I think that should pass as an overall good experience even with the losses. Imagine if you had invested in this current market and instead of profit, your investment became worthless.

Usafstar

full member

Activity: 378

Merit: 100

My all experience is sweet about bitcoin and other crypto and i think that now the time is very tough for the new people because bitcoin is not showing any progress and in these days bitcoin is not showing any up movement which is panic for the new investors and i have invested my most of the capital in bitcoin and now price is stopped so i have no other way to use it but it is my future long term investment. Main reason which can influence the bitcoin is the people interest and popularity.

p i e c e

full member

Activity: 336

Merit: 100

Quote from: hirokazu on September 17, 2018, 05:24:50 AM

Quote from: thantung3110 on September 12, 2018, 08:10:17 PM

Most of us experienced this once in life, especially in crypto market. My account the first time I invested in Binance was $3000, after 8 months I didn’t have time to check, now it remains $367 lol!!!

This proves that long-term investment always in unattended is useless and also to do that are not as easy as putting money in your wallet. It drops to almost 90%, that's really a big loss, I think It's better to play it in gambling place than to be like that.

OK, if you are ready to lose all the money you will gamble with, make your bets in online casinos. When you understand that this was a mistake, you will return to the cryptos.

gamechangers

member

Activity: 392

Merit: 10

Everybody has been a victim of this kind of situation at one time or another in the past. It will continue to be like that and that is what makes the market beautiful since nobody can predict it. Some people lost far more than you did. You can make great gain later. Just have perseverance.

Arhaan10

newbie

Activity: 49

Merit: 0

It's unfortunate but that kind of stuff happens with all investments, not just cryptocurrency.

I learned the hard way that the best thing is usually to hold and go long with investments.

meanwords

full member

Activity: 1624

Merit: 163

I do have the slightly similar experience like you. I have invested in some altcoins back in October were Bullrun is about to start. I had zero money invested in, only my time. Taking some coins here and there until I found a jackpot. I got like $5,000 from my altcoins alone but I got greedy and waited for it to increase further, but I still got some which is still nice for investing zero money in it. It's sad, but it taught me a great lesson.

CelesChere

newbie

Activity: 28

Merit: 0

These failed lessons are called bitter experiences when entering the crypto market. That is when you start to work seriously but the result is the risk chain.

carlisle1

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

I have different experiences in crypto because i never invest even a single cent since I entered cryptocurrency,what i did is joining bounties ,because wayback ICO project are legitimate and not like now whos most of all are scammers.

My first income comes from a payment from signature campaign and from that I gathered all my earnings then studied the trading area and whe I learned i started trading and investing in ICO,and yes theres a mistakes sometimes but more on winnings

Ryshelrayne

newbie

Activity: 63

Merit: 0

You have a lot more better experience than me on this bitcoin experience. Unlike you i started early january this year and all i could do is watch my investment shrink. I have not experience the euphoria of watching my money grow. It is 2 late for me to do anything now but wait until it goes back up. HODL life for me.

hirokazu

sr. member

Activity: 672

Merit: 251

Quote from: thantung3110 on September 12, 2018, 08:10:17 PM

Most of us experienced this once in life, especially in crypto market. My account the first time I invested in Binance was $3000, after 8 months I didn’t have time to check, now it remains $367 lol!!!

This proves that long-term investment always in unattended is useless and also to do that are not as easy as putting money in your wallet. It drops to almost 90%, that's really a big loss, I think It's better to play it in gambling place than to be like that.

MADUWAN

newbie

Activity: 54

Merit: 0

Bitcoin market price got bearish and many lost there hopes in bitcoin but that happened due to media, governments and other financial reasons that we see today and among them government restrictions and media news are main reasons why it cannot grow as it want in the world to its full potentials and those two are the main reasons why its price is not increasing like we anticipated after its drop because governments use media to promote bad information to stop bitcoin from using it in the future and that has become a major reason for bitcoin price to drop

Dreamrone

newbie

Activity: 45

Merit: 0

There is a big number of traders or investors who invested in bitcoin when its price was at peak thinking it will even rise further but didn't happen so many have there own sweet and bitter experience about bitcoin but everything might change for good because bitcoin is becoming stable and if some one thinks otherwise I suggest to look closer about price movements during last few months. Bitcoin will be fine and strong in the future and I am saying this because even as we speak Bitcoin is getting more followers that the past so unlike several years ago now more individuals posses at least some amount of bitcoin in there wallets to use as investments or to make payments and with that bitcoin might become more productive and usable in the future so definitely it will rise so I hope most will have more sweet experience than bitter experience

ayodeji01

newbie

Activity: 28

Merit: 0

Like the saying goes 'Experience is the best teacher', well there little or nothing you could do about it because you can control the future... These things happen!!

Kentkent

newbie

Activity: 28

Merit: 0

Quote from: Jamesp2k on August 07, 2018, 11:00:48 AM

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'm Just Starting my experience in bitcoin, but my recent experience when I joined in a contest and now I'm waiting for the Token to distribute but I don't know if My account was qualified to the contest. So right now I'm just waiting if there is or nothing but my other experienced was I learned something everyday about Bitcoin by reading some post and threads, it helps me to be aware in our currency. Everyone has different bitter ans sweet experienced in Bitcoin, but mine I think it's Sweet.

rafi035

sr. member

Activity: 854

Merit: 250

Quote from: Jamesp2k on August 07, 2018, 11:00:48 AM

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

before starting to invest in crypto currencies investors must be able to understand all the risks in the investment and one of the risks that we will get is that we never know the future developments that we will get in investing

dimiinx

full member

Activity: 355

Merit: 102

Quote from: naruto7676 on September 12, 2018, 11:08:27 AM

Today's bitcoin price is still good because of its stable price right now and has not been dropping a big price.So I feel safe when my funds are in bitcoin to avoid the big loss of money.

everyone has good or bad experience in bitcoin at this time and is very natural in this world we experience this kind of life it would be nice to use bitcoin even if there is a bad and good to do it happily later the results will be satisfying

KIROMATH

newbie

Activity: 49

Merit: 0

I am not surprised to hear what you have gone through because many stories are written in the same way in the history of cryptocurrencies during past several years but the experience you have gained through terrible times are very valuable and I hope you think the same way so for any trader or investor who have experienced such things can build there future here after with solid foundation with there experience and knowledge which is something many don't have much

thantung3110

newbie

Activity: 13

Merit: 0

Most of us experienced this once in life, especially in crypto market. My account the first time I invested in Binance was $3000, after 8 months I didn’t have time to check, now it remains $367 lol!!!

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