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?
It's so sad that you made losses.
But it's oftenly seen from newbies only.
That's why it's always advised that, before investing your money into anything, do a brief check about it.
Same should happen with trading.
Moreover as far the exchange issue is concerned, you could have paid a visit to localbitcoins.com, i bet that would have surely helped you out.
Hope this helps you OP.