Can't say I am too surprised - I am sorry for those who had "invested" in bitcoin, but this was bound to happen sooner or later. It lost 10 percent of its value, I guess much like the market, fear, speculation, uncertainty, volatility, bitcoin is not the ONLY crypto anymore, and bitcoin splitting into 2 and prospect of a new crypto might or other concerns might have caused the huge drop. I think the safest way to invest money in anything is to aim for your ROI (100%), once you get your ROI, withdraw that portion and leave the rest invested, or a % of that invested, this way you secure your capital, and any "losses" would be chipped from your actual profits, while not touching your initial spend. Some people went all in with bitcoin, now if they panic sell, they are at sure loss, they can gamble it away and leave it and hope for upswing, but that is another risk too. If I were to invest thousands of $ in BTC and recover this initial investment, I would get it out A.S.A.P. while leaving the rest there, and if the amount is big enough I would take my 100% + 50% and leave 50%, depending on how aggressive or conservative you are. Crypto is extremely volatile it's good that the bitcoin remained relatively stable for a long period, I'd rather settle with low risk / conservative investments than aim for high profits high risk, where you can lose big time.
#1 by sweetpie3000 » Thu Nov 15, 2018 08:32
