What are people doing with it now that the hype is gone? I lost some net worth over it and now will have to slog out a few more years of work to make up for the loss. Dump? Hold?
I'm buying. But don't go crazy. Like $500 on every dip. I think it'll go up when the trade war starts to show its effect on the dollar
I put like 2k
When you buy any asset, the first question to ask is: what am I getting in return for my hard earned savings? If something changed from that answer since you first asked that question, maybe it's time to get out. If you never asked that question in the first place, you clearly bought it based on hype. Get out immediately and move on. Don't underestimate the cathartic value of taking a loss and moving on. You don't ever have to watch the ticker.
You have to know the difference between 2008/09 when everyone went down and now, when most stocks are close to their highs and hugely valued, yet Bitcoin is off 60%. If you don't know the difference, you will learn it the hard way 🤷🏽♂️
Nothing wrong in speculating if you know what you are getting into and appreciate the risks. My advice to sell and move on is for those who don't know what they are doing and worried/stressed about the severe pullback. Stress is not worth it. Neither is the feeling of being a loser. None of these apply to folks who knew why they got in and know when to fold it and move on without getting stressed about it.
Just hold then. 1% is nothing. The rest of your holdings if you have stock experiences more than1% swings any given day
Hold and accumulate, itll be back to $20k by year end
If you are so sure, did you borrow as much as you can to buy now? 3x in 5 months!
50K by end of 2020. US government will make retiring USD soon.
Which one is true : a)you don't read news b) you think people here know more about bitcoin than Gates, Munger, Buffett .. If its a) read it, they will say its value . If its b) Then my answer is same ~99% drop trading near 1$
Do your own research
Buying as much as I can. #IStandWithJohn https://www.twitter.com/officialmcafee/status/935900326007328768
I lost 3k in litecoin so count you bitcoiner hodlers lucky
How much of your net worth did you put in? If more than 10% then that’s silly.
Very very minimal like 1%
But you said you “will have to slog out a few more years of work to make up for the loss”. If 1% of your net worth is equal to “years” of work, then why do you even care about the loss?? Your net worth is 99 times “years of work”