Anybody else screwed by the bitcoin crash?

I'm hemmorghing money daily because of this fucking crash. 500$ drop in like the last week. I've lost a fortune now and can't reup. Do you think the price will go back up or am i just gonna be fucked while I watch my reup money which I need to survive just disappear a little more each day?

Edit: Do you think we are in a downward spiral and how far down till it goes back up to at least 2500?


Comments


[58 Points] None:

[deleted]


[17 Points] None:

[deleted]


[15 Points] hentaikushdragon:

i personally invest in coin as well as use it for DNM, and i suggest you should too.

buy a decent amount of goods, sell them, and reinvest with a separate wallet. hodl your coins until we hit a good price; im aiming for 10k.. which we should hit ina. few years.

as far as i can see, were only going up from here


[6 Points] throwawayk5zq47j6wd3:

I was gonna post about this.

Coinbase was having issues and just to send btc to a wallet would take 7 hours or more. Btc dropped over $220 when I was trying to buy btc earlier today.

Thankfully, coinbase was back on track and I didn't lose any dollars when buying around .17 btc. Took around 30 minutes to send btc and it's only gone up over $100 dollars since then.

Buy low, sell high


[4 Points] throwaway185973:

You're a fucking idiot. Bitcoin has always been insanely volatile. Even if it dropped to $300, the blame still entirely rests on you.


[3 Points] Mouse159:

Take it as a lesson learned brother. If you want to have bitcoins that are invested, you can. But btc's used to make purchases should be in bitcoins for a couple hours max. Soon as you get those bitcoins, spend em. If you're a vendor and receiving bitcoins. Cash them out as soon as possible. We all know the price drops/rises erratically, this is far from new news. Don't allow yourself in a situation where yoyou are going to lose money because of it.


[3 Points] YoMommaRollsMyWeed:

I would be but ab stole my 0.2-3 BTC! don't have to worry anymore lol


[3 Points] PartySquadNL_support:

Mates, no need to worry. if you look at the chart from the very beginning until this very moment it is still increasing. Just give it some time. Government of all countries will ban paper money one day and then everybody will switch to bitcoin or altcoins in general to stay anonymous. Prices will explode.

My forecast: 10k per bitcoin within the next 10 years.


[2 Points] ice_cream4breakfast:

It's because of the fear about august 1st. Everyone is worried about a hard fork.


[2 Points] WayyCold:

Yeah it will rise, I know you might be abit panicked but you really should already know that investing in bitcoin is a long game. To make substantial money from it we're talking a few years some think longer. I personally believe it will experience a huge growth once again as long as world affairs stay stabilized.


[2 Points] demesm:

Another fucking peasant noob crypto investor.


[2 Points] AlpraKing:

:C


[1 Points] stonedshroomer:

Yea it's affecting me for sure will probably have to buy an extra $50 to make up the difference but this too shall pass


[1 Points] None:

[deleted]


[1 Points] Blugputts:

No


[1 Points] theguynext2u:

Dam ama buy a coin and sit on it for a month and make grand profit seems real in the future


[1 Points] None:

suck my balls Kyle. I can't even get a local trader at lbc to help me out and the one atm is full. O h but I can do some shady deposit and wait sort of thing online, but I have yet to try that option. Kraken won't help. I literally cannot even get coin to save my soleil. I had someone offer me gold instead. Motherfucker I can't buy drugs with that shit! Which almost ended my marriage last night b/c my drunk so. No, more like shit face. Could not fathom thatmy supply is dead and thusly so is his high. I'm a Macguyver when it comes to this shit and I've been lowkey for 4 years now. But this is the worst I've seeen, all the way fucking around MATE!


[1 Points] None:

No, I cashed out. It will drop even more, there is going to be a fork in BTC on August 1st. There may even be a second coin introduced to speed up transactions.

If you're going to work in this space you need to know how everything works, lol. Or at least be aware of it. Nobody can make moves for you.

I'm not going to buy back in for a while.


[1 Points] jlselect318:

yup right here, plus AB exit lost over 1700 easy


[1 Points] kookieless:

Lesson learned here, Bitcoins are a horrible store of value. I knew for awhile it wouldn't be a good idea to hold onto them for much longer. I just wish i held onto mine back when i bought when they were 700 or so a piece.


[1 Points] slippityslops:

I've exchanged for ltc for now. Gonna wait til the big surge come August


[0 Points] robynbanxx:

I keep my crypto in LTC then convert to BTC upon a purchase. LTC has seemed to be stable through the big fluctuations recently. My LTC even doubled about a month ago


[0 Points] Mustaka:

I bought my last 20 coins at 625. Sold just over 3k. I am happy as could be.


[0 Points] Brookklyn:

Buy low buy high hold


[0 Points] That_Mean_Mexican:

you should have predicted a bitcoin crash after ABs downfall you fool.