Quote from: lister storm on June 02, 2017, 06:45:03 PM

Quote from: mornabo on May 28, 2017, 09:15:38 PM

Quote from: Mapagmahal on May 23, 2017, 03:14:59 PM

My worst decision on bitcoin when i bought bitcoin on high price then a couple of hours the price went down and as a result i panic and sell it even i will lose a lot of investment. That's a newbie mistake from the past and it happens long time ago but now i learn a lot from that.

I think nobody knows when bitcoin prices will go down. So it's a natural thing when you buy and then the price goes down. As is the case today. Many people are losing because the price drops very quickly

well you kinda can guess it because for example right now there was a huge bubble not a long time ago. Then the price dropped a little bit and right now it is coming back again. I can almost bet that it is going to go down right now to like 1500 dollars and I wouldn't be surprised at all. The price was going up way too much and too fast.

They are not losing money because of the price drops its when they sell it at a loss that's what making them lose money. A common newbie mistake is they always sell when their investment goes below to the price of what they bought which is always a bad idea for your capital. If you are really looking for the intention of earning more money with Bitcoin you can either buy more at a low price or hold your position until you see a gain in your portfolio. In order to profit you must learn how to sit and wait.