First of all, don't listen to the idiots on here. That's what got you into this situation in the first place. The "buy and hold" is a sales tactic of the early investors so they can cash out their bitcoin slowly overtime without the price crashing. Many on here will tell you that since you've held for this long, you might as well stick it out. They'll tell you that we've bottomed out (rpitiela and others) or that "this has all happened before" because they either want to sell to you, or they're also in over their heads and misery enjoys company.
You can choose to stick it out if you like and pray for a rebound, but just keep in mind that there is no goldren rule that we won't continue to drop and nothing is off limits, including $300s, $200s or worse.
You can choose to stick it out if you like and pray for a rebound, but just keep in mind that there is no goldren rule that we won't continue to drop and nothing is off limits, including $300s, $200s or worse.
thus is scary but true. I will hold, even if I am not sure, as others seem, that bitcoin will rise again. Bitcoin could have been a fashion, a bubble like all other bubbles in history since 1600. Anyway I have taken my decision. If I was going to sell now I would lose 40% of my investment and it is way to much.
Anyway, thanks everyone because when you are losing thousands euros, big part of your savings, in a single week worst thing is to feel alone. You gave me hope. Maybe I am wrong again but I have took my decision. I don't need that money to live so I will wait.
Greetings from Italy..
You should put a bitcoin address in your sig, I would donate satoshis, to make you feel better.
Lost your shirt did ya?