Quote from: Colt22 on June 25, 2017, 09:00:38 PM

Quote from: luv2drnkbr on June 24, 2017, 09:37:00 AM

Quote from: masterwakokok7 on June 23, 2017, 04:06:34 PM

I'm just curious. What if bitcoin and any other alts market fall and you invested all your money into this. Would you rather do Panic Selling? and How would you compensate all your losses?

I did this and am currently broke.

I used to play poker professionally, and I had 30-40 percent of my money sitting in Bitcoin since about 2011. In 2014 after the $1200 high, crash to $600, and settling around $800, I stopped playing poker almost entirely, dumped the rest of my money into Bitcoin, and spent the next few years on some personal pursuits, including learning to program so that I could contribute to Bitcoin-related projects. I ran the numbers and decided that as long as Bitcoin didn't go below $300 for more than a few months, I would be OK. I decided that was a reasonable risk to take. Then it went below $300 for most of 2015, and I was sad :-(

I'm now in my mid-30s, living in my parents' basement feeling an idiot, and going to grad school to get a master's in CS, because I don't know what else to do. I don't have enough money to play cards again, and I don't have any real work experience since I made my money playing poker during and after I got my bachelors, until I dumped it all in Bitcoin and everything went to hell.

10/10 would recommend.

Exactly human behavior toward greed is a lot of.People are getting invest on the 2nd day or 3rd day they are withdraw half of there investment like that there process is going and keep earning a lot of money.

Ya it is true that who ever have only bitcoin earning and who have invested all of his revenue in bitcoin and when it got crashed they start to panic and sell in loss thinking that half loss is better then full loss. If you are in investment and good faith then on every fall you should buy as when the downfall finish it will rise and the same happened to bitcoin, who ever have saved the coin when the market crashed from $1k to pennies in last crash today they are very happy with the price as it is more then double of the last book price.