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
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
I think that we are in the same spot, I used to work on bounty campaigns by creating those translations and promoting their ico's through signature campaign, They are paying a decent amount of altcoins for our hardwork and i exchange my coins to bitcoins and wait for the highest price that will come up in the market and in the end, I always sell all my coins because i need the money. It depends on people's needs if they are going to hold their coin or if there's an emergency so its normal if this kind of scenario will exist we should not feel bad about it.