Post
Topic
Board Bitcoin Discussion
Re: Reinvesting on Bitcoin after losing
by
Slow death
on 10/09/2019, 15:21:45 UTC
Did any one of you lose money buying Bitcoin?

I already lost a lot of money buying bitcoin. I'll tell you how it all happened:

two years ago or more years ago (I don't remember exactly), I sold my video card that I used a lot for video games, I also sold my hard drives, I sold other things that I had and I asked cash to my parents. so I bought bitcoin when the price was $900 and then I sold when the price was $2800... so far so good. but then the price increased to almost $5000 and I buy it. A few days later I read the news that China banned exchanges and the price dropped to $3300. in the panic I sold, and then the price went up again to $4200 and I bought and I sell when the price increased a lot. I bought again when the price was $17000 and $14000 and then the price dropped a lot to $3300. and there are other losses I've had because I bought a lot of shitcoins on yobit. It is difficult to gain experience in this market without financial losses

If yes, Did you again reinvest in Bitcoin after losing?

yes.

I look at my financial losses as an experiment that allowed me to gain experience

If yes, What need you reinvest your money on Bitcoin?

Profit. Making mistakes and learning from them makes you confident that next time will be different