Quote from: BlackBoss_ on Today at 04:14:24 AM

Quote from: NicNacCoin on Today at 03:28:02 AM

I had been hoarding some bitcoins for a long time. But today I was forced to sell that bitcoin for family needs.

Your story means you use all money you have to invest in Bitcoin. That is bad and forced selling it when you need money for you, your family is your lesson.

In future, you should have money for emergencies for you and your family and don't have to forced sell your bitcoins. It is not big matter if you sell it at profit price but it is matter if you have to forced sell it at loss.

Well said. Surely the OP has a complicated financial situation, living paycheck to paycheck, and was hoping with $360 invested in bitcoin, he could significantly improve his financial situation. But without starting from a good base, it is difficult. Most likely the peak of the next cycle will be between $100K and $200K. How much would the OP have been able to hold without selling even if he had not been forced as he is now? If $360 is important to him, in beating the ATH, above $70-80K, he would have $1K? Would he hold on, knowing that the price might drop drastically? That's what happens to many, in the end, they are forced to sell on the spur of the moment. To avoid this, you have to start from a good base, but I understand that for some people it is difficult.