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Topic: My sweet and bitter experience about bitcoin - page 26. (Read 4669 times)

newbie
Activity: 350
Merit: 0
"Bitcoin is an Internet currency which begun its journey around 2009.
 It was booming from that time; so many started investing in it. Bitcoin was getting a lot of attention from all around the world and people was going after it like crazy. I did the same; invested much time and money for bitcoin.
 It kept booming so i had around $8000 in my hand and use that money for bitcoin. It turned into around $10000 and then it started falling; But i was careful an took away $8500 so i didn't face any loss; but it could have turned into a bitter experience if i was not careful."
full member
Activity: 952
Merit: 107
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Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account.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

Oh i confidently think that many of us had the same experience, not only with bitcoin, but with cryptocurrency altogether!

Too often than not, people make the cautious mistake of waiting on for something big to happen instead of taking advantage of the current market.

Yes, none can tell the future, but one can tell when a trade or an exchange is worth every bitcoin on our wallet.
That is an experienced that can teach lot of lessons in trading and investing to make it successful. Thank you for sharing this where everyone can feel regrets and doubt on the time that had passed and for every opportunity that lost because of being cautious. We do not know what happen in the future. Learn what will happen today.
jr. member
Activity: 53
Merit: 1
I joined bitcoin at the end of 2017 at that time. The coin price soared and felt the sweetness of participating in bitcoin, but at the beginning of 2018 the price of coins began to disintegrate at the beginning of the year.
I think — think again that the name of the trade is that, there are times when going up and down for it to live a business there must be sweet and bitter so don't be discouraged, we go on until we reach success.
member
Activity: 102
Merit: 10
don't  warry dear, everybody first does not understand everything, everyone has to experience the experience to come, when you come to crypto market like you have to face the same problem, next year everything will be okay when your crypto market is about The idea will be, crypto market is such a market that is some times will be big dump and sometimes big pump, so don't  warry dear. Everything will be okay, wait a few months, i hope solve your problem,and you think it's your experience for future. Sad
full member
Activity: 714
Merit: 101
This Is Promissing Project
That is why when we invest we have to know and understand what coins / tokens will be invested, we cannot invest arbitrarily, because if such losses will come. And also we have to prepare everything more ready than before ... !!
newbie
Activity: 126
Merit: 0
Investments by themselves are unpredictable, today you can have millions, and tomorrow you count hundreds in your wallet, surely this is a wonderful experience that can teach you a lot. Dont be upset.
full member
Activity: 336
Merit: 100
Sweet and bitter experience in bitcoin is when investing in bitcoin but not getting the maximum profit. this can happen because a big dump occurs and it cannot be used as one of the profit producers. while the sweet experience is having bitcoin but with a stable price.
full member
Activity: 2548
Merit: 217
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


Yup the same experience with you last year but my i withdraw 50 percent of my investment into my online exchange because i saw have potential to grow again my 50 percen remeining i left in my exchange wallet but sad to say last week of December 2017 the price are dumping and i hild my cryptocurrency investment until is almost useless, but I still hoping the right comes for us.
newbie
Activity: 76
Merit: 0
At first, I knew bitcoin, it was difficult to really understand what all this was, in short, after I understood that I felt the results of bitcoin, then when I heard the news about bitcoin, it was sad that what I had done so far turned out to be low.
sr. member
Activity: 714
Merit: 250
We experience of this losing money during trading and winning to earn profit. Take it as a lesson during those hard times we usually suffer of down fall of price. Hard to manage those losing of money so the next time we know how to handle our investment.
newbie
Activity: 77
Merit: 0
I will just you to carry a positive attitude; and consider you bad experience as you leaning experience cause these all are helping you you cope with difficulties; with time you will able to over come your all mistakes and faults
sr. member
Activity: 1274
Merit: 263
Everyone has sweet and bitter to bitcoin. We need to forget the past and that is bitter and spread the sweet that we experienced to bitcoin to encourage people to invest their money to grow the price.
newbie
Activity: 112
Merit: 0
nothing is perfect right! ; everything has its own dark side so it is very normal that you have to face bitter experience as well but it is clever that we should take is as a learning so that we don't have to face it again
full member
Activity: 317
Merit: 100
Yes we all have the same experience in bitcoin or altcoin cause the move of the price is so fast so theres a lot of chance that go up and go down fast so its hards to read
legendary
Activity: 1120
Merit: 1000
Bitter experience was not surprising. I began to be interested in crypto currency at the most favorable moment. After I bought bitcoin, the market grew significantly Grin
I have also the same effect. Bitcoin is a volatile currency and we know that at the beginning. So some the invest in bitcoin is profitable and some time invest in it not profitable for me. So in the investment section, i have both sweet and bitter experiences. I love the money transaction facility. In which no third party like bank involved because of this the transaction speed is high. And it also charge low transaction cost. But in this transaction section i have some bitter experience. If once transaction is done then you cannot reverse it and this the biggest disadvantage of bitcoin. Some other bitter experiences i had with bitcoin is, i cannot convert it into my country national currency because of its ban in my country.
newbie
Activity: 70
Merit: 0
In 2017 all the crypto users have more or less some sweet and good experiences but all bitter experiences we got in 2018 and still it continues.
jr. member
Activity: 168
Merit: 2
the sweetest experience I've felt in 2017 I can get a big profit within a month. but now in 2018 from the beginning of the month until now it feels very bitter to get a profit ..
copper member
Activity: 497
Merit: 0
A bitter and sweet experience is definitely felt for crypto users because of unstable prices. But the experience we get can be used to strengthen our belief in crypto and we can be careful in making choices.
newbie
Activity: 43
Merit: 0
So Glad you share your views and experience. This would help a lot of new users to give insight on how the platform is profitable. Experience with progress is key.
full member
Activity: 364
Merit: 100
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
Very good story, hopefully it can be a lesson for us to always be careful in making investment steps, I consider life in cryptocurancy to be like a wheel, sometimes we are lucky, sometimes we also lose, but all that I enjoy as a experience life that will bring I am to a stronger personality so that I can be wiser in making choices.
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