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$35,000 is a huge sum of money. I'm suggesting he sell the 40 or so bitcoin he purchased immediately at market price (~$550), cut his loses and move on. By doin
by GarrettBeck 13y ago
$35,000 is a huge sum of money. I'm suggesting he sell the 40 or so bitcoin he purchased immediately at market price (~$550), cut his loses and move on. By doing so he would limit the damage and would only lose ~$12,700. Bitcoin will continue to fall and he will continue to lose money.
He won't get his money back from CoinBase and he is losing money every second he holds his bitcoin.
Losing money sucks. It happens to everyone who invests, gambles or takes a risk. Take your medicine, learn for your mistakes and be better tomorrow.
- GarrettBeck 13y ago$549...
- ffrryuu 13y agoBitcoin's been extremely bouncy, there is a chance that it could re-test resistance at around 700-800, or it could retest support at $300 short term.
- ajju 13y agoAh, I get it now.
- mgrunin 13y agoEverything ended up resulting in my favor. Brian from CoinBase issued the BTC earlier today at today's market price. Considering I have been holding about $18k in BTC from prior transactions as well, as of this moment I am down 1.83% on my total investment.