Topic: My sweet and bitter experience about bitcoin - page 15. (Read 4679 times)
My sweetest experience on bitcoin was when I was given 2 BTC in the year 2016 when the price was no where and I sold 1of it when the price climb 19,000$ in the year 2017 and my bad experience was when I sold the rest week before last when the price was very down compare to what I sold 1 of it last year
Experiences are always expensive because what we learn from our experience we can never get those lessons from anywhere.
I have experienced a bitter experience. Because when I was introduced to bitcoin by my friend, I turned it down because I didn't believe in cryptocurrency. And this surprised me when the price increased. Because I don't believe in my friends and prefer not to do anything. Now I believe in bitcoin. Because bitcoin helps my economy get even better.
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Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account.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
My sweet experience about bitcoin is that I earned a huge amount of money from bitcoin and the bitter experience about bitcoin is that I sell my bitcoin and I don't know that the price increased the day after I sell my bitcoin.
So bitcoin is going to be flat for years, what is your reasoning?
My reasoning is simple, just look at what happened the last time there was a crash like this, it took 2 years for the price to start to recover and the reason for this is basic human psychology, the market is formed by people and right now they are afraid to invest in a market that crashed 70%, they are hurt and those memories are not going to vanish overnight, there needs to be some time to heal those wounds so old and new investors come to this market again. 
Many of us suffered more than 70% lose simply that we couldn't forsee how fast the market could shrink and fall down in just a period of months, the process starts with a great dump of close to 20% percent and the volume couldn't sustain more any further growth, breaking many levels and what we have here, still its a good experience for me as it doesn't hurt as much as normal stock does with the fact that much of my funds are generated by the pump during the good old days, guess i'll learned something that pace are getting faster with unexpected outcome when more people is involved in something.
Bitter and sweet experience in the crypto world of course we have experienced. Various events always come to us, some good days but there are also days we have some losses. For me personally, this has become our performance for the future to be better.
You are still in profit mate. From an investment of $120 you have been able to withdraw $1200 that's more than enough. You still have some capital left. A lot of folks are worse off. I have heard stories of people investing thousands of dollars in Bitcoin at $20000 and now they almost nothing left. My advice for you and everyone else affected by this bloodbath is to hanging there a little longer. There are better days for Crypto ahead. I am pretty sure about that. It just needs patience.
As an accountant I see bitcoin as a debit and credit. There are value received and value parted with. There are opportunities that bitcoin can give us such as the profit we get from working under bitcoin but bitcoin also has downfall which is its unstable characteristics and it is mentally exhausting but all of it is all worth it once you see the fruit of your labor.
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
We cannot be wiser enough until we had done with that kind of experienced. Actually, I believe that most of us here in the forum especially those who have been here for quite sometime now have been through in that kind of experience mate. And that is so normal here in cryptoworld. I swear, i have been there and done that also. 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 am sorry to hear that you had a bad experience with bitcoin. You should read about AML, this coin cannot be hacked thanks to its AML and KYC features.
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
Many faced the same scenario in last time during the Bitcoin price fall and those losses were huge for any kind of investor but now the price is recovering again but only the time will tell what kind of path it might take in the future and no one can predict exactly what will happened due to uncertain market but if this price increase continue Bitcoin would be much stronger than last time
I think my bitter experience about bitcoin is that I didn't join bitcoin in the year I first knew. And I regret not investing. And the sweet experience is that I can get enough money from bitcoin for my family and me. even though I just entered it, but I have made enough money.
I like many the situation is similar. on the depreciation I lost half of their investment in BTC. but TRON was much worse ... now it is three times cheaper than when buying. the main thing is not to give up and wait for the normal speed! good luck to everyone)))
In every business there are many ups and downs, only through this experience can we take if we have a bitter experience that we must cover with more courage. Because I have joined the Bitcoin community, I have seen the graph, according to the graph, those who have joined now they have to wait to get a profit because the previous year did not despair.
I am sorry you had a bitter experience with AML BitCoin. Perhaps you want to try the best crypto in the market. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.
My sweet experience is that I have make huge amount of money from bitcoin and my bitter experience was when I make transfer from an exchanger but it gets to no destination because of my mistake.
My sweet experience when I joined bitcoin was when I had 0.5 bitcoin and I sold it when the price of the 10K $ bitcoin made me profit. If it's bitter, what I feel right now is bitcoin is down.
My sweet experience was when I saw the price of bitcoin go up and I sold it, how much time did it cost, how much did I get a profit. If I'm bitter, I still don't feel it.
Just charge it as an experienced mate, some days are good but there are also days where we have some losses, that is a life here in electronic money. And that's good because it teaches you to be wiser for the next situation. Even in any form of electronic money, in trading, or in investment, it also helps you to experience the past.
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