Post
Topic
Board Speculation
Re: Did you buy bitcoin in December 2017?
by
airdnasxela
on 07/07/2018, 09:53:07 UTC
It is an undisputed fact that those are affected much by this sudden drop in bitcoin price are those who bought it in December last year when bitcoin was skyrocketing. I understand the emotional trauma you are going through. Nobody will be happy watching his investment losing value like that. I want to encourage you that the downfall of a man is not the end. In June 2017, nobody ever thought of bitcoin hitting $20k by December 2017 and that is the beauty of bitcoin. It takes only minutes for bitcoin price to either rise or fall. Never dump your coin out of fear. Let's keep our fingers  crossed and hope for the best. If you understand that Bitcoin is a long term investment, you wouldn't panic when the price falls within some short period of time. We will all laugh soon
Hmm, yes, what you have mentioned is think is absolutely correct. The most affected people I think are those who do not sell their bitcoin that much in 2017, thinking that it will rise for more. Well,  if you are an expert here in bitcoin,  I think you will never panicking at this point because you even encounter a value lower than the current value. Also,  you will take this situation an opportunity to buy bitcoin so that you can sell it when the price increase.