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❓ASK How Much Damage Bitcoin Fall have Caused to You?

Realarnab

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I bought some Bitcoins when it was priced around $13000, but now it price is around $6700. So its a loss of over 50% in the last 9 months. Since then it never breached that mark again and now I regret buying at a higher price.

So, are you in a similar situation like me? How much damage does this Bitcoin fall caused to you?
 
I was into buying Bitcoins when they were way cheaper, I think around $400 per BTC. I spent $100 on Bitcoins and sold them after reaching $2k per BTC so I was lucky actually, however when it reached almost $20k I felt a bit guilty for not waiting more to sell it, but as we can see now it's stuck around $6k per BTC.

I feel very sorry for your loss, I hope that you'll find some ways to recover the loss by finding other profitable platforms!
 
It has cost me big time. I had bitcoin stocked up when it was around $19K (I owned very less amount) but enough to make investments online to earn up some money but boom price of bitcoin went down and I was left with no money on my hand resulting in no investments made by me.
 
In this case, I sympathize with you, but alas. Those were lucky who bought it at low prices and brought it out at the peak moment. On the fall of Bitcoin a lot of finances were lost.
 
It was a big surprise to me to see,that the price of the Bitcoin has dropped so much.I think people,who have many Bitcoins are keeping them in their wallet.It is not a good idea to sell it right now,when the price is so low.
 
When bitcoin fell, I had just been hoping to cash 50 percent of it. Well, it did not happen as bitcoin plummeted to record lows and has not recovered since then. Hoping things will definitely look up.
 
Not much damage. But I later got my profit back.
I bought bitcoin when price was $3800 but it reduce to $3000 - $3500 for more than a month.
Thank God I was patient, I didn't sell my bitcoin.
Suddenly it increased to $4100. So I quickly sell my btc and made some profit
 
I was actively trading Bitcoin between October 2017 - March 2018, didn't risk with big amounts of money so I don't feel bad about the small amount I lost after the January crash but in general I managed to end it with a profit.
 
Bitcoin can not cause damage to you only if you bring the damage your self.
Before investing your money on any investment, you need to study it very well. Know the good and the bad part of the investment.
Doing that you will know if to start or leave the investment and when to start
 
If you feel like you are in loss by investing in bitcoin , the best thing you can do is to hold whatever bitcoins you have and be patient , wait till bitcoin rises , and sell it immediately at that moment. You have to watch and analyze the price of bitcoin daily, so you can determine the right time to sell your bitcoins. One or the other day bitcoin will rise up , even if it had fallen very down sometime.
 
If it has caused damage to you by the Bitcoin fall , then it's you who are responsible for that. You should atleast loo into the Bitcoin price everyday and if you feel it is coming down quickly , sell it at the first moment instead of delaying for further fall of Bitcoin.
 
I study the market and I know when to buy and when to sell. Maybe my expert friend helps too because I get advice from him all the time and I have never run at a loss
 
It is true that bitcoin prices rises and falls with time thus one can buy at a high rate only to sell at a lower rate or higher rate as the case may be . The best thing to do is to sell when price is high and buy when price is low .
 
This $7500-$8500 range is driving me crazy. It's been what 2 months? Probably more. It's only luck on my part that I wasn't able to buy bitcoin in June when it was much much highest
 
I bought when the price was higher than now and still hoping it is going to rise soon...
I believe that it Will rise sooner . all we need to do is to exercise some patience and then wait for the rise so that we can sell at profit . I hope that Cryptos will have a fixed value but this is not possible .
 
first things first :
'don't invest what you can't lose' .
second thing , i thank the God that i never lost anything when it comes to BTC , otherwise i could give up on online money making ( because BTC costs a lot ) , but it ended up with a dude ( that i know ) begging people just to buy food and things .... that's so sad to be honest
 
Buying bitcoin might be profitable now cos the possibility of $10000 mark of bitcoin is high this year, so buying at $8000 plus willl still yield you a good profit.
 

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