Quote from: silbertlee on Today at 01:58:45 AM

Quote from: ilovealtcoins on December 03, 2022, 11:23:01 PM

Quote from: Ummarr on December 03, 2022, 11:11:44 PM

Bitcoin as so many advantages as an assets it change people's lives globally today without bitcoin some people would have still they suffering, the main is for you to make your transaction with depending on anyone.

Bitcoin changes many people's lives but not everyone will become richer, there are many people investing in bitcoin losing and losing a lot. Bitcoin is a highly profitable investment but needs analysis and research, if you buy bitcoin for $69k, you are currently making a loss, not a profit.

I started Bitcoin with more than 50,000 US dollars, although I saw people in the forum often said that long-term holding requires faith and faith. But what I want to say is that this process is very painful. I see my assets slowly draining day by day. Coupled with the economic downturn in recent years, sometimes ideals lose to reality.

Long-term holding will definitely bring you profit but you also need to remember, if you can buy bitcoin at low price then the profit it gives you will be better. But if you buy it at a high price, it won't necessarily make you lose but the profit will be very small. As you said it looks like you bought bitcoin at a high price, what you need to do now is absolutely not sell, hold until bitcoin recovers. No selling is no loss, 1btc=1btc.