Pages:
Author

Topic: My sweet and bitter experience about bitcoin - page 29. (Read 4667 times)

sr. member
Activity: 841
Merit: 251
Your losses isnt big as me, anyway i forget about and and move on to face a future. I believe in crypto currency specially on bitcoin. Yes there was a dump this year but not a big problem to conclude btc is going to death..
 If we compare graph of btc each year. I must say nothing change. What i mean is, all happening now is at normal stage. Recover will occur soon around december, i wish
newbie
Activity: 30
Merit: 0
I am also faced this kind of situation with bitcoin but profit and lose is part of life and Give us us experience in future.I made .2 bitcoin in one day in my trade on cryptopia and that was my biggest profit and i loose 1 bitcoin in 2016 with Clickintensity and Mypayingads and scammer was Nick Jhonson and Uday nara. after i enter in Crypto trading and making profit slowly slowly.
member
Activity: 120
Merit: 10
I started to enter in crypto world last year (2017). As my experienced the sweetest thing is when I got a profit from my investment but the bitter experience is when your investment get shrinked the value so that you took out your money from your wallet to avoid some negative reasons.
full member
Activity: 434
Merit: 100
Same experience with mine. I became serious with bitcoin last year and have made quite a lot. Fast forward to December 2017 and I was feeling like a king. Looking at the few hundreds of investment I thrower in reached its peak and I was worth over 9k. Who wouldn't want to let it double again thinking that how's it should be going. Slow and steady but thanks to the CNN, that's why we are in this mess. Shilling bitcoin all over the news brought this mess upon us. We still would have been on a steady growth.


We all has stories to tell on the experience of 2017 December. It was so terrible that my account that  I saw in my wallet at that time was $9800 is now as we speak shrink to a little above $800.That is just a fact but am still holding because it is not yet a loss till I sell them off. December 2018 will soon be here.
newbie
Activity: 100
Merit: 0
some people who know and participate in bitcoin must have felt the difficulty and pleasure, including myself, which is difficult if you have not made a profit when the price is down but so happy when you can take profits when prices rise.

this is a statement that is certainly often experienced by bitcoin holders.
member
Activity: 210
Merit: 40
I would say that is the rather same exprience like with every other investment or even everything else in your life. Sometimes you win, sometimes you lose.
But more important of losing and bad experineces is how you cope with that and are you able to recover and learn a lesson.
legendary
Activity: 3052
Merit: 1273
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!

The same was the case with me, but it was like I had my Bitcoins in Viberate coin which used to be one of my favorite projects until things went ugly on me and everything started to drop like a house that drops during an earthquake.

Quote
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.

I had more than BTC0.25 in Vib that declined to almost BTC0.15 even during the period when alts were rising badly, never had I thought that this will prove to be one of my biggest mistakes. But then, I made up my mind and sold off my Vib, took my BTC and kept it until I got a project I thought I could believe into. Afterwards, I bought Pundi X with BTC0.15 of my own and BTC0.15 from a loan I took from a friend. I never knew it would be the best investment of my life.

Quote
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 then, greed is all it takes to turn the tables around and make you go back to where you started from. Everything was fine unless it wasn't over binance, and then me and many other investors got fucked. The worst thing here was, we need to be smart because holding your investment like a fool for longer will even take out your gains that were meant to be there in your life if you could take one good decision to get out from it at the right time. Nobody can tell the future, I've had BTC1.5 with me until it got listed over Binance, and after that, when I saw it falling down, I sold it at a very bad rate under panic and bought another coin, it went down and I sold off under panic again. Now, I am left with nothing but regret. The only thing that matters is, in the end, you should never regret on your decision.
newbie
Activity: 106
Merit: 0
So far, I dont have bad experience yet in bitcoin.As I study it, I get to appreciate its importance and the benefits it makes to people and government.
member
Activity: 280
Merit: 10
★Bitvest.io★ Play Plinko or Invest!
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


After my best friend told me about the investment in bitcoin. I did not waste the time to try investing my money in bitcoin. Since I was a newbie at that time I tried to buy a small amount and I was so happy that I gained triple my capital.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
i don't understand!
you invested in a bunch of altcoins that got dumped and you lose money because of their dumps and because you were bag holding but your title says your bitter experience about "bitcoin"! how is that even relevant to bitcoin?

i have also been trading altcoins, in fact the same altcoins  you named have been in my wallet at some point but i have been trading them and i knew what i was doing. i am not saying i am an expert but i am saying i KNEW what i was doing. i knew i was trading, i didn't have delusions of becoming rich by bag holding altcoins.
newbie
Activity: 42
Merit: 0
My sweet experience in bitcoin is when l have a big value of payments before because the price is very expensive/high.l really enjoy the day to have a big payment.But for now its bitter because my tokens have no value. Actually, the ups and downs movements of bitcoin are may considered as a bitter and sweet experiences because it can may cause of loosing our investments of winning it or becoming a successful investment.
newbie
Activity: 112
Merit: 0
This year is really we can called a pad period in the history of crtpyo currency because the value of bitcoin constantly falling and falling and we still don't get any sign of rising.
legendary
Activity: 3248
Merit: 1179
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
the thing that I remember the most and recently when I tried to invest from $ 7,000, hoping that prices will increase but what happened on the contrary is that the current price has dropped to $ 6,500, and I have a big loss.

Did you quit after that bug lose like op did? And can you tell me did you invest in that moment on that price relaying just on hope? Did you read all that topic in treading section about emotions and trading, mixing emotions and trading is bad combination.
I didn't read nothing new in this op post, it's not a constructive post it's complaining on bitcoin, he totally missed the trading discussion section, there he could see how important timing is in trading.
Most of you wish fast money, that's why you lose all the time, instead to make profit. Read more, learn more, make better preparation and you will have more successful trades, if not you will stay where you are.
member
Activity: 308
Merit: 10
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
the thing that I remember the most and recently when I tried to invest from $ 7,000, hoping that prices will increase but what happened on the contrary is that the current price has dropped to $ 6,500, and I have a big loss.
newbie
Activity: 280
Merit: 0
I think there are many who had undergone bitter experiences during the early time when I got involved in cryptocurrency. I did bought an ICO token wherein during that time I was not very familiar yet with the market movement and after several weeks, it undergo a bear market with a very huge dip and I thought it will no longer recover. So, I sold that ICO token for almost halfway when I bought it. As months go by, I learn from my mistakes and the lesson is not to be panic in times of bear market since it will recover once again and just wait for the right time.
jr. member
Activity: 112
Merit: 1
Ultimately, you have not make any tangible lost from your initial capital you still have some gains and experience.
Personally, I started my cryptocurrency experience in a bitter way in August 2016 when I lost a whole 1 btc to a fraudulent convert site. I intend converting my PM to btc then, and everything was gone.
But I will say I learnt a vital lessons from the experience and I have also gain a lot from trading and investment.
newbie
Activity: 72
Merit: 0
This year has really being a bitter experience for me in the cryptocurrency space. I hope everything normalise before the end of the year.
jr. member
Activity: 322
Merit: 1
I started investing in bitcoin since 2017.  may money is still in hold because of the downfall of the market maybe this is my bitter experience .. i consider my sweet experience in bitcoin is when I get the better value of my investment..
newbie
Activity: 154
Merit: 0
I was really a newbie that time and I really don't get the grasp of the air, in short I was starting to crawl how to adopt in the crypto world.
jr. member
Activity: 98
Merit: 3
I only invest what I can afford to lose so I think I am still good even if the market is on a downward trend these days. Just be positive that time will come that the crypto will be on hype again and most investors keeps coming in.
Pages:
Jump to: