Post
Topic
Board Speculation
Re: Did you buy bitcoin in December 2017?
by
imking
on 08/07/2018, 10:30:49 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
A big No. I don’t buy bitcoin last December. I sell some of my bitcoin because the value of bitcoin is reached the moon. I use the fiat or my money to buy a for my family and friends. But today the best option is to purchase or add more and more bitcoin or altcoins. Maybe this coming December the price will pump again.