Hi there,
first I want to say this (because I think many people that feel bad will read this as well) :
I think it that the price of BTC will go up again.. I cannot be sure, noone can, but it will probably be ok again.
But....I sold everything... My cryptocurrency that is
The reason is that I can not grasp the reason of the cause behind the value changing so much whenever it happens.
"ooooh now it went up a lot"...
"aaaaah now it went down a lot"
Then you google and google and wonder....WHY? Why did it go up a lot. Why did it go down a lot.
Sometimes you can find out about some guy with influence that said something on a conference on the other side of the World.
Sometimes it is because a site like coinbase made a mistake or introduced something new..
If lots of people buy, it goes up.
If lots of people sell, it goes down.
I understand...
But if I look at the big picture, it is still a mystery
So..while I still had a little bit of profit I sold everything.
I did not put in my life savings, but still enough to make me feel bad if the bitcoin would go down a lot more.
I also have to think about taxes (I hate doing taxes!). Here in Scandinavia I have to write down everything. All the order numbers, the amounts,,.... I will take me hours of looking up how to do it properly.
And then I have to pay 30% taxes over the profit because they validate the bitcoin like a lottery here (and I see the resemblance as well!)
I also bought it from websites from other countries and then the amounts are of course in the wrong valuta... .....horrible....
I wish all of you "bitcoiners" a very happy 2018. May all of you have profits!! (I feel like a ferengi all of a sudden)
And ehh...I probably will be back again. Just like a lottery, it is a bit of a "kick" one can get out of having a profit.
Demesmaeker
The decision is solely yours, if you feel that selling all your bitcoin is a way of cutting lost then you have really missed it because bitcoin is very volatile and at that you may think you hard made gain already but in the next few hours you see the price double either upwards or downward. But what matters is the motive behind your selling, if you sell cause you need to sell then you are OK but if is because of the recent fall in price then you are wrong. Despite the fact that we need to believe in the the speculation of others let us also try to study and speculate bitcoin price on our own.first I want to say this (because I think many people that feel bad will read this as well) :
I think it that the price of BTC will go up again.. I cannot be sure, noone can, but it will probably be ok again.
But....I sold everything... My cryptocurrency that is
The reason is that I can not grasp the reason of the cause behind the value changing so much whenever it happens.
"ooooh now it went up a lot"...
"aaaaah now it went down a lot"
Then you google and google and wonder....WHY? Why did it go up a lot. Why did it go down a lot.
Sometimes you can find out about some guy with influence that said something on a conference on the other side of the World.
Sometimes it is because a site like coinbase made a mistake or introduced something new..
If lots of people buy, it goes up.
If lots of people sell, it goes down.
I understand...
But if I look at the big picture, it is still a mystery
So..while I still had a little bit of profit I sold everything.
I did not put in my life savings, but still enough to make me feel bad if the bitcoin would go down a lot more.
I also have to think about taxes (I hate doing taxes!). Here in Scandinavia I have to write down everything. All the order numbers, the amounts,,.... I will take me hours of looking up how to do it properly.
And then I have to pay 30% taxes over the profit because they validate the bitcoin like a lottery here (and I see the resemblance as well!)
I also bought it from websites from other countries and then the amounts are of course in the wrong valuta... .....horrible....
I wish all of you "bitcoiners" a very happy 2018. May all of you have profits!! (I feel like a ferengi all of a sudden)
And ehh...I probably will be back again. Just like a lottery, it is a bit of a "kick" one can get out of having a profit.
Demesmaeker