I'm fed up with all this cryptocurrency thing.
First off, I make tremendous loses due to being a newbie in this market. After a second thought (and accepting the heavy loses incurred) I decided to try again and re-invest in bitcoin, only to be told this few moments ago.
I will not risking HODLING bitcoins if they will shut down the first (and only) cryptocurrency exchange in Kuwait. As such I decided to play it safe, incur further loses, and just sold all my bitcoins and getting out of this business for good.
After all, why should I HODL my bitcoins (1.25 this time) when I can't exchange them for cash when I need them? More importantly, how will bitcoin appreciate when exchanges will close in other parts of the world?
I wish I was never introduced to Bitcoin.
Any ideas on what I should do with my Ledger Nano X now?
First off, I make tremendous loses due to being a newbie in this market. After a second thought (and accepting the heavy loses incurred) I decided to try again and re-invest in bitcoin, only to be told this few moments ago.
I will not risking HODLING bitcoins if they will shut down the first (and only) cryptocurrency exchange in Kuwait. As such I decided to play it safe, incur further loses, and just sold all my bitcoins and getting out of this business for good.
After all, why should I HODL my bitcoins (1.25 this time) when I can't exchange them for cash when I need them? More importantly, how will bitcoin appreciate when exchanges will close in other parts of the world?
I wish I was never introduced to Bitcoin.
Any ideas on what I should do with my Ledger Nano X now?
Well, its kinda your fault to indulge yourself into trading instantly. When I was a newbie, I was also scared to do those things but I personally knew that I don't have enough knowledge to be within that environment. Its good that you are creating this fast decisions but good things take time. HODLing will always be profitable if you will decide on a timeline on which you will sell your Cryptocurrencies.