Post
Topic
Board Speculation
Re: Did you buy bitcoin in December 2017?
by
chenczane
on 08/07/2018, 10:26:08 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
I sold my bitcoin in December. Who will buy bitcoin that time? The price of bitcoin reached $19,000, it is too expensive that time. Half of my bitcoin was sold that time. I saved it since August 2017. I never though the price will be that higher. I regret that I must sold all of my bitcoin because the price today is very dump but, I know bitcoin will reach $20,000 this year. There will be more profit to come.