Quote from: Aura on August 07, 2018, 05:49:27 PM

Quote from: Lorna111 on August 07, 2018, 04:43:07 PM

Quote from: Aura on August 07, 2018, 04:33:36 PM

What was the purpose of your crypto investment at the very beginning? I can imagine that you first wanted to use crypto as a store of value, like most of us do. But then greed took over in December, which is not necessary a bad thing. However, you should not have traded your valuable coins to some random altcoins to reduce your loss. Also if the answer to the first question was a store of value then you did not succeed your experiment, because you did not keep it for a long time. Next time, decide what you want to accomplish with your investment and stick to the plan. The decisions you make during a recession are often the wrong ones. Keep this in mind.

We have different experiences about investment, one should note that market is Volatile, anything can happen at any given time, market movement is unpredictable, price value can goes up and goes down dependent on the Volume of investment by the investors on Bitcoin, The risk involved in the market investment it is just the same on the amount you've invested. you may gains some profits but you may loss some amount as to investment.

The market is unpredictable, that's why you should never invest more than you can lose. But keeping your investment for three months is more like gambling, it goes up or down. When you keep it for let's say 5 years then you know exactly whether it got adopted in the society or not and therefore justifies the value. That is a real investment like you would do in a startup you have fate in.

agree that market is unpredictable, so you have to take it to withdraw when you get profit
my experience i have ethereum in local exchange, and the last of december reach more than $1500.. with my stupidly i still hold it and waiting for $2000 and right it look like roller couster now ethereum price just $190 and i lost