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Topic: Reinvesting on Bitcoin after losing (Read 440 times)

full member
Activity: 336
Merit: 101
KoinPro
September 12, 2019, 01:36:11 PM
#59
Yes, I have lost a substantial amount of money invwsting in BTC- selling at the point of greatest pain when I needed money only for it to rally back up. In a bid to reduce the 'net loss', I made bought again at around 9.5k. At least I knlw I wouldn't be needing the money for at least a year so it's safe. I'm looking at the price long term.
hero member
Activity: 2520
Merit: 605
September 12, 2019, 04:12:33 PM
#53
Did any one of you lose money buying Bitcoin?

If yes, Did you again reinvest in Bitcoin after losing?

If yes, What need you reinvest your money on Bitcoin?
I lost money to bitcoin out if my stupidity I guess and that would not warrant me to take my anger upon bitcoin because I didn’t learn before buying bitcoin, if I had learnt and knows the pros and cons off bitcoin investment and also how to manage the risk, I am sure that by now, my money in bitcoin would have been quite much.

When I lost my money in bitcoin, what I did was to seat down and then look at it carefully and see what could have gone wrong, they say that experience is a master teacher, and it was through those sad moment that I picked my mistake and since I have been trading now, I have never lost money because I simply followed those few principle of trading, so the journey has been smooth all along now.
full member
Activity: 2100
Merit: 174
September 12, 2019, 03:00:06 PM
#52
Countless number of time I have lost during the process of investing into Bitcoin, but the ways I got lost was the wrong ways which I was able to rectify within a short time frame. Currently, I have made some good profits in Bitcoin Investment since last year till date and, am not regretting what I have lost in the past. One thing any cryptocurrency investor should know is that, never give up on what you believe in, be bold to take the bull by it horn and see yourself progressing as an investor into cryptocurrency.
sr. member
Activity: 2618
Merit: 439
September 12, 2019, 11:28:22 AM
#51
Did any one of you lose money buying Bitcoin?
Nope because I never sell my bitcoin when the bloody bath happened last year,instead I keep my currency intact and safe(this is how to handle the Bad movements of market)
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If yes, Did you again reinvest in Bitcoin after losing?
If ever I lose?i will reinvest again without a doubt
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If yes, What need you reinvest your money on Bitcoin?
Because I trust Bitcoin and I know that losing is part of investing in a volatile market like cryptocurrency
member
Activity: 644
Merit: 10
September 12, 2019, 10:01:36 AM
#50
Did any one of you lose money buying Bitcoin?

If yes, Did you again reinvest in Bitcoin after losing?

If yes, What need you reinvest your money on Bitcoin?

Suffered losses when buying Bitcoin due to too long to hold the coin. I do short-term trades. But Bitcoin's price drop goes very fast. After I lost money, I tried to trade again and focus on Bitcoin. With current Bitcoin domination, it gives me a profit. I trade on Binance and at HITBTC.
full member
Activity: 2268
Merit: 121
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September 12, 2019, 09:52:38 AM
#49
Did any one of you lose money buying Bitcoin?

If yes, Did you again reinvest in Bitcoin after losing?

If yes, What need you reinvest your money on Bitcoin?

keep believing you will always make a bitcoin investment, because it is very convincing that bitcoin is still the best investment.
the risk in investing obviously will definitely have luck and someday there will be a loss. a natural thing in bitcoin investments and there is no doubt that it will always do more.
member
Activity: 686
Merit: 15
September 12, 2019, 09:34:15 AM
#48
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Did any one of you lose money buying Bitcoin?

I loss good amount of money after the dumping of bitcoin from the 2017 ATM. Including the people I had helped in buying bitcoin.

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  If yes, Did you again reinvest in Bitcoin after losing?

I have since been investing because it's currently surer than my day job, where I keep making losses and ridden with debt. So I had to use the profit from bitcoin in paying off part of my day job indebtedness. 
full member
Activity: 2324
Merit: 175
September 12, 2019, 07:29:13 AM
#47
Did any one of you lose money buying Bitcoin?

If yes, Did you again reinvest in Bitcoin after losing?

If yes, What need you reinvest your money on Bitcoin?

Yes, it happens to everyone you are buying Bitcoin in the bear market, you have bought it a particular only to find out that it fallen further after you bought, you thought the price where you bought it is already a floor price,

I still reinvest I still believe then the bull run will eventually come, but hard to make a decision since back then you really have no idea about the floor price.

sr. member
Activity: 1316
Merit: 257
September 12, 2019, 06:45:23 AM
#46
I have never lost in BTC investing, because before investing I studied the market first.
but if I make a mistake and I lose then I will not give up. because I believe loosing is only a small piece from my profit.
and did you know that investing in BTC more safer than Alt, because as deep as you fall it will definitely go rise again.
full member
Activity: 1750
Merit: 118
September 12, 2019, 06:39:15 AM
#45
yes I think after I lost investment in bitcoin, for me also don't think about stopping investing in bitcoin, for me will also continue to invest, because I also believe the price of bitcoin will also continue to grow in the future.
if thats what you believe then go for it . always follow what your conscience said to you because that is more important and the chance that itll happen is high than compare to believing on what others are talking about  but only if its a positive vibe but if its negative then you should refrain from following it because that will only get you on some serious trouble .   like you i do also re invest after loosing or even after earning a fiat  .  btc is only getting started and its too early to quit now .
jr. member
Activity: 236
Merit: 1
September 12, 2019, 06:38:32 AM
#44
Well, this is a bit tricky question, yeah a lost some in but I recovered it by investing later on BTC. I'm the one who enjoyed the previous 20k ride. It is okay to invest again if you lose once.
hero member
Activity: 1722
Merit: 528
September 12, 2019, 06:34:58 AM
#43
Not really reinvest but waited.

With the volatility of Bitcoin, every minute there are changes and that is why losing is inevitable.

You don't really need to reinvest but to just wait, being patient is a virtue as they said it.
member
Activity: 600
Merit: 10
September 12, 2019, 06:15:23 AM
#42
yes I think after I lost investment in bitcoin, for me also don't think about stopping investing in bitcoin, for me will also continue to invest, because I also believe the price of bitcoin will also continue to grow in the future.
legendary
Activity: 3122
Merit: 1398
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September 11, 2019, 07:19:13 PM
#41
Did any one of you lose money buying Bitcoin?

If yes, Did you again reinvest in Bitcoin after losing?

If yes, What need you reinvest your money on Bitcoin?

Only when you dump your bitcoin below your buying price, that's the time you will lose. And even for let's say you hold but bitcoin price decrease, it doesn't literally you lose, only the value of it on fiat but on the positive note, you can expect that someday the price of it will increase without harming your wallet just to re-invest to cover the loss value.

If yes, Did you again reinvest in Bitcoin after losing?

No need to be specific, generally, YES people are re-investing especially for those who got wrecked. But that's not always the case, they also putting money to add some quantity of bitcoin on their stash.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
September 11, 2019, 06:48:39 PM
#40
If yes, What need you reinvest your money on Bitcoin?
Please rearrange your words, what you mean by 'need'?
The question is confusing, I think what he/she wanted to say is "If yes, Why you need to reinvest your money on Bitcoin".
I think so that's what he wants to ask and I'll give my answer too.

Reinvesting is already part of my life and I have never been serious like this in bitcoin. Before knowing bitcoin, I'm not open to any investments and ventures and knowing more about them.

But after knowing bitcoin and learning what's potential of it, this made me serious and made me to want more of it.
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game
September 11, 2019, 02:15:08 PM
#39
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Did any one of you lose money buying Bitcoin?
Not me but many people did it, most of them is trend follower and think crypto is only source of big income.

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If yes, Did you again reinvest in Bitcoin after losing?
Still doing this because bitcoin is one of favourite digital asset and payment.

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If yes, What need you reinvest your money on Bitcoin?
Not really, but i put my money into bitcoin around 20%. Just for future invest
hero member
Activity: 2184
Merit: 585
You own the pen
September 11, 2019, 05:57:11 AM
#38
I never lose money in investing in bitcoin because I follow the simple rules
Buy low and sell high. again this will require you some patience, not just patience
but courage to never sell it even the price will not look cool on your eyes.
In this way, you will never regret the outcome of it. you will always get the upper hand.
jr. member
Activity: 378
Merit: 4
September 11, 2019, 03:23:53 AM
#37
Everybody lose money here, its for sure, matter is trade with minimum risk.and i think %99 of us reinvest again because we all believe that bitcoin going to climb new ath's.
copper member
Activity: 224
Merit: 0
September 11, 2019, 02:21:28 AM
#36
Weak hand dont need to invest in bitcoin and if they did , there should be one thing in mind like holding for long term at this time is the key at this bearish time bit many are afraid of it dumping more while they forgot it still have more potential of growing in some weeks to get large profit .
hero member
Activity: 1596
Merit: 502
September 11, 2019, 12:22:07 AM
#35
I think the meaning of "lost" here is when we buy bitcoin at $9k and the price rise at $10k, we are not selling at that price, so we think that we are lost. But the truth, you still not lose because you still hold your bitcoin in the wallet. But when you bought bitcoin at $9k but then the price is down at $8800, and you sold because of you worried about seeing the lower price, then you are losing because you sold it too early and you don't want to wait for a while.

That is happening in many people because they panic when the price is slightly down deeper than the price they bought. But then they think that with rebuying bitcoin will cover they lose especially if later they can sell it at the high price. But it's up to them because we have a different opinion about losing and profiting in the trading.

But for sure, I still buy bitcoin, especially if the price can reach lower than $10k because that will give me a chance to have bitcoin from the lower price. I always analyze the bitcoin chart before I decide to buy bitcoin.
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