Quote from: Rulelies on January 21, 2018, 11:47:09 AM

Well I wish I sold my Bitcoin when it was very high. Now, it has gone so low that if I sell, I would make a loss. I just hopes it recovers soon so that I can make some profit.

This is why you should have enough fiat money for the next 3 months. Bitcoin's price is not going to be in ATH. It will of course face market corrections and the price drop might be longer than what you expect. 3 months might not even be enough. It can go on for longer than that. I advise other crypto people that have made enough bitcoins to setup a business to actually setup one so you don't have to worry where to get money when bitcoin is down or not be forced to sell at a low price. I, too, is experiencing this too. What I did was I borrowed money from my parents. They do understand how bitcoin works so it's okay for them to lend the money to me. I just hope that bitcoin actually goes back to its previous price which is 19k$.

Xember

Posts

Merits