Bitcoin Forum

The Bitcoin boom that took place in 2017 which lasted to early 2018, if it Market has not crashed then, indeed  Bitcoin would have made lots of young millionaires than what we have today.

The beneficiaries of this current boom are mostly the rich!

Am using myself and that of my friends as a case of study.
In year 2015 we were schooling then, and there was no money for us to invest, we wanted to invest in bitcoin for future purpose, we saw the potentials of bitcoin and what it outcome will be in years to come, I remembered selling my TV and some other household items, and my friend also selling his musical instruments to invest in bitcoin. We were happy doing this because we believe in the future.

In 2017 during the first bullrun, we couldn't sell any of our assets because we were still schooling, the primary purpose of our investment was to have something to live on after our education, but fortunately the market crashed before we could graduate.

And after our graduation from school we couldn't help it, we needed to start a new life, hence selling our assets were the only option.

It hurts these days seeing the price of Bitcoin going higher and higher.....
Sometimes I just look out for what to put the blame on, If I should put it on the government, because if there was job available after our education we wouldn't have sold our assets, or if I should put the blame on heritage. of course if we had come from a wealthy background, we would have be rich and there won't have been any need for selling our assets, rather we would have bought more.

Something it looks frustrating, and I know am not the only one that has had this experience.

I will like appreciate if you can share your experience so far here with us.!

My experience about Bitcoin started not too long ago, not 2017 though and I don't regret it, but if you don't don't not all that knew about Bitcoin in 2017 or 2016 are millionaire today, and not all that bought after Bitcoin dropped by 2018 And 2019 would be a millionaire today, and still they shouldn't have any regrets, but my experience so far has been an exciting one, Bitcoin has made my knowledge about what I never knew gone greater, and I can't fail to say I have had financial knowledge and greatness.

This is common, early Crypto adaptors are all not millionaire, for you to be successful in your investment , you also need to have something doing while your investment is growing, but in your case I see that it's different.

Well in all these, i see there is something to learn from you story, i.e, don't always depend on your investment, see it as an option have other backups plans in place as well.

Up took your bitcoin investment as your only option that was why you were fast to sell immediately after your schooling

^ depending on investment solely is not a good thing, What will happen in your day-to-day if your investment doesn't go according to plan. Your advice is true that as an investor, you should be able to see opportunities from other things so you don't waste time. smart people usually will not depend on a single income.

Sorry to say that but the only person that you could put a blame on is you. You did not put 100% into your education (for better job opportunities), you did not work during your education (a lot of people do that), you did not put extra effort to find additional income in crypto space (I quit my job to focus 100% on crypto and I started my jurney here in DEC 2017 not in 2015. If I was in your possition - with crypto since 2015- i would already be a milionair ... even without a single dolar initial investment). For instance there were 10k$ bounties, 1k$ airdrops one after another in 2016-2017, translations, community supports ... damn there was tone of money to earn since 2015 in here, 10 times more than from 2018. And no one becomes a milionair for doing 30% of trying and 70% of party.

It has been similar experience for most of us because many of us invested into Bitcoin during 2017 assuming it to reach much higher figure without even a doubt of market crash and few of us invested during 2015 and 2016 who understood the potential of Bitcoin but unfortunately very few could hodl on to bitcoin during the bearish market especially those with a sound financial background as others were forced to sell  bitcoin during bear market for the sake of survival. I think we couldn't blame anyone in this situation as it's a lesson learnt in hard way to make sure we don't repeat this.

I guess you have the wrong mindset. I'm not rich but I benefited from this boom. And if you've probably sold during the bears, it's your fault for not selling when it was ATH in 2017. Picking which or who to blame with the misfortune you've experienced will determine your future. Instead of looking at which or who to blame with your situation before or even until now, you should create a solution or find the solution if you can. I've become a jobless person too but I didn't put the blame on anybody but on myself.

My own experience was a little bit different from yours mine was an altcoin I invested in and due to the over hype of the project I refused to sell and convert into bitcoin and the time the market was crashing I couldn't hold it to to sell off at lose. Some time I look at my wallet and calculate how much I could have made had I left the little bitcoin till now. It could have mean a lot by now.

The 2018 Bitcoin price deal is an opportunity for those who see the trend in future demand, the importance of blockchain technology that will change the world. At the time, there was not much interest in institutional investors. I think when it comes down to a lot, big investors will keep buying bitcoins. 8)

if bitcoin had not crashed last year, it might not have happened this time. some of my reasons were, if bitcoin had remained stable at that time at $ 25k, there was no way any new investors would buy or hoard the already high initial price. maybe just a retail investor with a few numbers and will change the price slightly incrementally.

It can’t go straight up forever. Corrections are healthy for the market and Bitcoin has also shown to have a pretty reliable 4 year cycle as a result of the scheduled block reward halvings.

The scheduled block halving years are more interesting as they overlap with Presidential Election years. Political and social economic status affects financial and crypto markets.

I don't know that satoshi did thought of the things when he decided to mine the Genesis block in 2009 and coded the 4 year halving scheduleds for bitcoin. If satoshi did planned all the things, he is a genius and very well planned for all his bitcoin works. Satoshi is a game changer.

If the Bitcoin price had not crash in 2018 for sure the price would be way too high right now and there would be new wealthy people because of crypto.
Maybe even young people who have been around before it hits the ATH of 2017 and those who have been doing bounties before it become so polluted with scam projects.

Well, I'd just suggest that it was not really your luck, no matter how many what-if situations one can think of, it doesn't change the fact that it would never happen if it's already way back in the past. Besides, blaming the crash for you missing the opportunity seems like an odd move, yes I understand your pain tbh, I myself felt it since I sold early for this bull run, but doesn't change the fact that we ourselves were the ones who failed to take advantage of the situation at hand.

Plus, history pretty much showed a constant growth every 4-year cycle, it isn't a guarantee yes, but hey, it's a metric you can take into account when you want to invest again.

it looks like you in 2017 have to ask anyone who is an adult to be able to sell your bitcoin. because if the regulations in your country require that school children cannot sell bitcoin, why don't you ask your parents for help? You can make this as an experience and now I think you are an adult you can manage bitcoin yourself. Good luck

Can you share with us the price level at which you sold your Bitcoin?
I admire your dedication to Bitcoin, at first, your target is really for investment, Bitcoin as an investment so for sure around the year 2015, you really bought an extremely cheap Bitcoin back then.
Your regrets for selling your Bitcoin too early are very common for Bitcoin hodlers, even for those people who regret only a few percentages of profits. It has also happened to some people.
You already learned your lesson for sure.

Don't be sad! Taking profits is never a bad idea, and for sure you used those profits in good, you enjoyed the run.

You are not alone.
https://i.imgflip.com/4u84dj.jpg

Crash is bad as it causes bubble burst and fear for new investors. I would like to see healthy corrections or pull backs, not crashes but it is the market that does not owe any of us, and it operates with its laws.

If you see parabolic rises of bitcoin in 2017, the crash is not a surprise but bitcoin is redefine the overbought definition. The overbought of bitcoin is far from any other market that last longer and can even trigger Overbought expansion before crash happens. If you look at crash in a few months, one year, it is terrible but with 4 years, it is fine.

I see the crash of bitcoin is good for the market in 4 year run and it is better than altcoin crashes. Altcoin rose a lot in 2017 and very early of 2018 and many of them killed their investors in 2018 and 2019.

Heal yourself buddy, don't beat yourself up. Stop looking for who to put the blame on and accept the fact your were just unlucky. While the crash didn't benefit you, it did to others and without that crash many beneficiary we have today won't have been made because either the price would have been too high for them to buy or they'll be having second thoughts due to the fud that would have been spreading round. The crash gave bitcoin some breathing space and offer room for more investors.

You weren't prepared for the crash and that's where your mistaken began from. I don't have a clue which region you're from but after graduating you could have gone looking for a job then cashing out your investment. What exactly did you use the funds for, was it for starting a personal business. If the answers s no and you just cashed out to eat then you have yourself to blame. Remember that you invested for the future, this should have kept you going and look for alternative to get daily bread but I guess you lost hope in bitcoin that's why you cashed out.

Well what has happened has happened. Just wait for other opportunities and grab them without second thoughts.

Price had to come down from that 2017 ATH because it was a bubble aka an unrealistic price that had to pop. Bitcoin's potential has always been in the long run not short term with the bubbles.

By "assets" you mean sell your bitcoins? That sounds strange because you claim you have bought bitcoin but weren't able to sell it!

You are also missing the whole point of bitcoin, it was never about making money by investing in it. Bitcoin's purpose is to serve as a censorship resistance currency not a get rich quick scheme.

Every price boom,which happens in a financial market benefits mostly the rich.
There's no point complaining about that.
This is like whining why the winter is cold.Life isn't fair,you just have to admit that fact and work harder.
Regretting about why you sold X amount of Bitcoins at a X price back in the day is pointless.
I also regret about selling my BTC in the past 5 years,but I had expenses and bills to pay and I had no other choice.
I don't understand why doing to school had stopped you from selling your Bitcoins at a ATH back in 2017?

What can not be happened now is no use to think about it. In this bull run, most of the small traders are afraid to invest in bitcoin I am also one of them. I could not gather the courage to buy as it's highly volatile and I witness the huge drop in the year 2018 so you are right from the current bull most of the rich got profit. I also sold my high potential coins especially ethereum before this bull run starts. Today when I see the market I only repent of my hastiness but I would like to add If I have no liability I must hold my assets till now but we have to meet our daily expenditure as well so I sold slowly-slowly.

Think more positively and do not regret. You got the more valuable things than profit - experience, new way of thinking and understanding the reality. Personally I lost a lot in 2018 because of the lack of experience, but nowadays I do other steps remember about the experience of 2018. You shouldn't complaint, but just act, because there will be always different situations that will require our money and efforts. It is life. You are still not old and have lots of opportunities in cryptocurrency world.

Only a person that is afraid to face the reality or take responsibility will put their blame on others.  There are lots of opportunities lurking around, we just need to find them.  You just wanted the easy way out by selling your asset and it is you who sold it not the government or other people.  So you have no right to even think of blaming others for your own decision.

I can say, just move on and accept the fact that you made a wrong decision way back in 2018, selling your Bitcoins when the market is in bear season. I made the same mistake by selling my BTC at $2k each but I am not bitter because it serves its purpose.

It seems to me that whenever the market crashes, the rich will get rich and only a few of the poor will be able to make some money

Thats true, if the market hasn't crashed by 2018 now we could've seen a big rise in the number of your millionaires. During that time more number of bitcointalk members itself made themselves millionaires through the bounties and other earnings made in terms of bitcoin. Myself too missed the opportunity, and sold everything once after the price crashed to worth nothing.

And yet it has happened and we must respond to the realities.

This happened because many investors didn't have the enough information and trust about the project. In the other hand, after each each price rise there is should be a price fall. Back in 2017, bitcoin price was rapidly rising high to the moon and because of that situation, the market price was really emotional. Just after some people were thinking bitcoin price won't be higher than this and they sold bitcoins the price fallen down and other people started panic selling. If the price had not crashed, we couldn't see these high prices. Because, after the price crash a golden opportunity happened for people to buy bitcoins.

I wouldn't look at something to put the blame on. What happened is natural, lots of people sold it isn't like you were the only one.

If I remember 2016 and 2017 was the best time to accumulate bitcoin because at that time the pay rate for sig-camp was BTC0.021/week and gradually decline since then.
I have bought and sell bitcoin and altcoins, could make good profits yet it can't compare to the current price; if I didn't sell my bitcoin and hold to date, but it doesn't work that way, there is no point to regret what happened in the past as we can do nothing about it, let it go and learn how to think and make immeasurable decisions, whether to buy, sell, or hold it.

government again ? why people always find a way to put the blame on the government . on our country we already have a good government but no chance for people to change their habit . you know mate you can find a job with or without education , have you seen other kids or other people that dont have an education but still get their hands on a random job ? but you have an edge already because your in school and you can also work as while studying . its not the goverment that will find job for you

if you were rich you wont be here either .

Well, that's what I think most of the investors will lose out to the needs. When they plan to hold on for the long term but at least I personally experience it too, in the end in the middle of the road there are always obstacles that require us to cash in on them and problems like this should be overcome and we can learn from that. But at times I personally am still not sure that a big dump will happen any time soon as in dismal 2018, because so far at least maybe in this first quarter the market is still very promising hope this happens all year round.

The crash that happened way back at early stage of 2018 have become frustrating to all of us for the fact that after long years of existence, Bitcoin have attained its first largest ATH recorded in the late months of 2017 which gave hype to all of us and comes the entrance of many people wanting to get into Bitcoin because of that happening but all of a sudden have been burst out getting into dump which also drags down many people that have bought and get engage when the ATH happened. If ever Bitcoin price did not crash way back 2018 maybe many people are into Bitcoin since then because after the crash, many gets against Bitcoin once again calling it a scam when in the reality it just undergo the process of correction for it have been hyped up and gets into an increase all of a sudden. Well, it doesn't matter anymore discussing the past for we are already at the present getting into the future. Such happenings will now be just part of our past that left us learnings and lessons we can use.

2017 was indeed a very challenging year for all of us and even when 2018 came, it gave us lessons to learn so we can still make profits despite of its sudden crash in the market. Although many have become frustrated on the market when bitcoin and altcoins price suddenly dump when we least expect it, but if we became wise enough to seize every opportunitues to make profits, then we might have made it when 2017 had became a bullish year end. I think it's not the market's fault but all things could be possibly rightfully done if the investors are wise enough and have not become greedy.

If bitcoin does not fall in 2018, maybe in 2021 bitcoin will fall, the opposite is true in 2018, bitcoin price will fall and in 2020 to 2021 bitcoin price is getting better, just a sign that it's not too serious.

I disagree. Anyone who believes in Bitcoin reaching the top again is the real beneficiaries. Basically, it's the brave and the smart people, or a fool if you want to call them that. I'm not rich but I took the risk and I benefit from it greatly. Actually, anyone who's in this forum are the beneficiaries.


No, there's a reason why 2018 crashed was inevitable. It's not as simple as, opposite of this and that. 2018 was full of scammers and doubts that made Bitcoin crashed.

My experience is very similar to yours. I was never able to "hodl" my hard earned BTC, because I needed money for living, and I cashed out a lot at $3k-$4k, and what is even more painful, I cashed out more than 0.5 BTC, all I had at the time, when the price was below $300 in 2015. Did I really need that money, $150, back then? Yes I did.

So, I know how you feel, mate, but let's not blame anyone. Let's study hard so that we could earn good money with our knowledge, without relying on the rate of highly volatile assets.

If Bitcoin did not crash back in 2018 , then for sure only few people now can have even 10% of bitcoin ? imagine that the value will continuously grow and may Hit a Million by now.
Wrong , Because many of us like me had Hold my Bitcoin for some time just to see this Coming, and i'm not wrong because the effect of Halving brings us to this.
Frustration wont give you anything but again Bad decisioning , better move on and find what the goodness brings of the past.

indeed  and i am maybe one of those as my Greediness brings me down in 2018 , from the Pump of 2017 till before december , friends keeps in telling me that i should sell all my funds and just wait for the crash but i did not listen.
Until it comes and i am trapped in the lower value from my extended investment so if bitcoin did not crashed then ? surely i am almost a Millionaire or more than now .
What is not too serious ? Bitcoin or the situation ?

Bitcoin and Investors are  serious in the Business because this is a Volatile and a really expensive community compared to altcoins/

if bitcoin had not crashed in 2017, then a lot of people who have become millionaires today just by investing in bitcoin won't have existed as the 2017 crash allowed the price of bitcoin to come down and gave others an opportunity to cash in and invest big. It's just not about investing at the right time but also knowing when to invest and when to withdraw.  Platforms like Exocrow can be very useful in such a state. Here you can transact in digital currencies like bitcoin, ethereum, and litecoin, etc.

No one should be blame because I understand that the only someone can money in bitcoin, is to purchase and hold, and if you are not determine the possibility for you to sell you coins is not high, some persons sell bitcoin immediately them see a little bit differentiation between the initial and present and always triggers some user's to sell provided that their is profit, even though you are financial buoyant since the ideas of selling the bitcoin is existing between the owner you most sell it. Mate don't regret or blame anyone concerning selling your bitcoin... Lol.

No one should be blamed, including you because you do not know what will happen to bitcoin at that time. I believe you still have time to rebuild your assets, and I am sure you can do that. You do not need to regret for a long time because you have a bright future if you want to rise from now on. I know that is pain, but you need to do something to start again. You can try to buy bitcoin again, and no matter how much you can buy, just believe that bitcoin will give you the biggest profit in the future.

Don't blame anyone when you sell your main asset, because it has nothing to do with other people or your government. It is your decision. Remember that cryptocurrency is a type of digital currency that carries a higher risk and cryptocurrency is not regulated by the government. Don't feel frustrated when you sell assets after the bull run is over, if it is for the necessities of life, you must be satisfied with what you have got.
Regardless of the advantages and disadvantages you get, you must be satisfied and keep trying to improve everything. no one can blame.

Well, just like you I also had schooling way back then. I even remember that I started to earn Bitcoin via faucets, guess what I made a decent amount. I have no money to invest with Bitcoin way back then but I think there are a few campaigns running before and I able to participate and earn. Unfortunately, I wasn't able to hold them out for too long because I cannot able to managed my emotions and sold them eventually. If I only had known that it will grow this much. But I gotta move on and accept the fact that I made a mistake, it's never too late anyway, all you need to do is to grind more if you want to become a millionaire with crypto and as for example I have a friend who already made his 1st million. If he made it and so we will.

I understand your pain bro, the truth is that in 2017 they where lots on ignorant back then, if I had known what I know now, my picture will probably on the billboard by now, I would have been a celebrity.

But no pain nongain, we move.

Experience is a priceless treasure

The bust that took place in 2018 was the result of immaturity of retail traders who didn't give a damn about the growth of btc and were interested in profits only. Now, institutions are buying it one by one dragging the price out of reach of those retail traders and making it harder for them to accumulate more.

Crypto is all about giving opportunity and we have only two sides of a coin like pump and dump, similarly crypto gives us opportunity but it will not keep going I mean the price should drop someday and that's how the market is all about and that's what it happened in 2017.

But this time a lot of institutional money has been poured and corporate gaints involvement is more and that's why we are experiencing this huge pump and the momentum is going so long.

If Bitcoin's value did not crashed in 2018, we will still see a surge of users during that year. Its notable that most users within the forum had this long log out periods because some believed that Bitcoin will never recover and you really need to do well within the Cryptocurrency Industry just to earn big money. Bitcoin proved that to be wrong because as long as it has value, we can still earn money because it is still money. We might also see some government officials really researching about Cryptocurrencies.

If Bitcoin didn't fall back then I wonder how much could be the price right now.
And you or we couldn't blame anyone for whatever happens in our life it is our own decision our own choice that leads us to what we are right now.
You couldn't blame the government just like you want,
There are so many job opportunity but the problem is that we doesn't want to take it,
For example I see so many post belittling some call center agent or doesn't want to be in that field because they are college grad or even work in fast food chain.
Just think about it, I don't blame you for your misfortune but we are the one who is in control of our life,
If you sold your Bitcoin back in the ATH of 2017 then you wouldn't have a problem and you would gain profit but you chose to hold it.
Just like what I did, I even done so many things that could have made me have a better future but I don't blame anyone for it because it was all on me,
I made the decision I made the chose I chose to be what I am right now and we couldn't change the past but we could work to make it better in the future.

The market panic and the FUD that were created earlier made prices fall so fast, for now with many bitcoin holders being bought by large institutions and they are still holding on until now, I don't think the decline will be as bad as before. provided that the institution or financial provider engaged in crypto investment sells it. we can see that a lot of people didn't think the price would reach where it is now

We kinda have the same phenomenon where in we can't sell as what you mentioned on 2017 that you were still schooling.
I am still in the middle of learning on how should I sell my Bitcoins back then. Either way it isn't something to be regretted of since that event repeated already and it gave us more than what we were expecting to happen again. :)
ATH in 2017 is memorable but now we got another ATH price to be passed down to newer people to come in cryptospace especially Bitcoin.

Essentially, bitcoin became an international fever. Random companies were “pivoting to blockchain” for no apparent reason other than that it seemed like a way to create buzz. But when the bubble bursts, FOMO turns into fear of losing, which makes for an especially rapid plunge.

What a great time a lot of us never got to live in. I bet a lot of us still think that time never happened, and that it was all forklore once seeing Bitcoin abysmally at that price. Well, that actually happened. It's the same way most of the penny stocks we have today will soar too in future. I once had an appreciable amount of BNB which I sold in 2018 for $3 per token. Today, we all know how much one BNB is worth. Tough luck, right? 🤔

OP should know that we all have our share of regrets too in this game. Moving on is the best approach to heal. Lambo will come one day, if one perseveres.

It's not just you Op who had a bad experience and I'm one of the same people as you, maybe there are many more people out there who have the same fate as me and you,
I'm trying to get up because I have a long way to go, I'm trying to find what I've lost to get it back and this year is a chance to get it back

I don't think anyone knows the future price of bitcoin, whether it will go up or down and I am sure there are people who invest from 2017 or below, and I believe he is already a millionaire now.

In 2017 everyone thought the price of bitcoin would continue to rise but unfortunately bitcoin crashed.No one could understand what to do at that time.But, in my opinion who were intelligent at that time have now become millionaires.

There's no point in regretting what happened, you can't hope Bitcoin doesn't crash in 2018. Due to the fact Bitcoin crashed in 2018, and don't blame
others for what happened to you. You must be able to move on and make your failure to invest in Bitcoin a lesson. It's never too late to restart investing
in Bitcoin.

My advice is that you find a job that has a decent salary, then buy Bitcoin every month from the salary you get. It doesn't need to be too big, just
10% of your salary is buying Bitcoin every month. After 5 years you will feel a huge profit, because the price of Bitcoin will continue to rise.

One thing's for sure. If bitcoin hadn't crashed last 2018 the 40k we saw bitcoin hit last year will happen much sooner. But again, I'd side with all the people in this forum. There's no point to lamenting what has already transpired. If amything, the crashed allowed people to open their eyes on the wonders of cryptocurrency and gave them the chance to get in while the price is still not high. The more millionaires the merrier. Certain market trends will allow you to make an educated guess on what bitcoin's next price will be. Just because it is highly volatile doesn't mean it is impossible to price speculate as there are methods to do this.

If Bitcoin did not crash in 2018 ? I am for sure that there are Billions of Losers in the market when 2020 arrive .

Because the Corona Virus Deep the market into the lowest value that never happened for years.

Imagine that the price of Bitcoin continue to rise from 2017 to 2019 ? that would be a 100,000 value right ? and when 2020 march comes the price fell down to 4k ? damn that would be a so much pain in the ass.

You can't blame your self if you done something you regret by now since you haven't known the real price of bitcoin if you hold them or sell them bitcoin is really volatile and you can't tell the price when it's going to pump or dump people are having second doubt if bitcoin haven't crashed in 2018 i still sell them since i've been in accident in motor cycle and i need money to fixed everything and bitcoin helped me to pay my bills in hospital and all things to be done imagine if those things won't happened maybe im reach right now because im playing to hold them till 2025.

If the bitcoin value not crashed in the year 2018 and continue increasing until this year maybe the price is more than a hundred thousands dollars and those people who invested below 2017 they earn a lot of profit or they are become a millionaire if they have 10bitcoin in their wallet. But decreasing value is part of the process so the the pump will happen because dumping is the opportunity to have a good investment and earn a profit by holding it.

The fall of bitcoin in 2018 can be used as experience and analysis for bitcoin in the following year. it took 2 years for bitcoin to recover. right now I think if bitcoin is experiencing a downturn we should try to take advantage of this situation properly and hold on for the next 2-3 years in order to enjoy high prices like 2021.

Frankly, I am very moved to hear your story here, when you have to sell TV and  other  household  goods  and musical instruments to invest in bitcoin.
By the way, which country are you from? Maybe it’s not just you who feel hit by the current price of bitcoin, especially if it was once at the price of 41k.
But it’s very lucky for those who bought low in March 2019 and sold at a height of $41k. But with the decline of every bitcoin increase,
we can re-prepare everything to invest.

Blame yourself because of what you did ;).

There are many ways to make money and selling your assets that you believed that has a good future must be your last resort but it seems like that it is the only option that you saw at that time. Now you are feeling regret and pin pointing persons to blame in what you did. Being in a wealthy background doesn't matter. What matters is you know how to earn money at that time.

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To answer your question, if Bitcoin didn't crash in 2018 and continued to go up on that year then it will be a far more disastrous market the next year. We already saw Bitcoin moving up and up and after that huge red candles will appear on its chart and it lasts for weeks. I don't have any experience at that time since that is the time when I'm still learning the basics of Bitcoin so I chose not to invest any money at that moment.

Bitcoin was not able to keep prices so big in 2018. Growth was too fast, institutionals was not in the game. So, as for me, discussion like this is pointless because probabilty of btc drop in 2018 was too big

There's such ups and down on our life specially when it turns to selling our assets because we needed to for some urgent errands but rather than that, those who has a stable financial income are those who can afford to hodl more years on bitcoin. It was the reality for the most of us here but it doesn't ends with that case. There's lots of stuffs you can do rather than hodling BTC to gain profit.

If you were saying this when BTC was around $3k, I would agree with you, but today, when we are at $30k+, idk. What makes you think that someone who buys today will be in a "huge profit" 5 years later? Don't get me wrong, I too think that we'll see a new ATH. but, firstly, it won't be that huge, $60k, maybe, secondly, it can take more than 5 years.

Yet, I agree with you that buying BTC with a portion of your salary is a good idea. I just want to suggest to spend 5% on that instead of 10%.

I agree, because in 2021 supporting BTC are too hight and many investors are looking in BTC side.

I am sorry about the experience you have had in this community, you shouldn’t blame yourself for it and I don’t think you should blame anyone either. It has happened, and instead of looking for who to put the blame on, it’s best that you look for opportunities that you can use to escape poverty.

It is difficult for you, but you’re not the only one, there are also others that are going through the same issues. Just try to work hard and help yourself out. I wish you were able to hold those coins till this last ATH that reached $41,000.

there is nothing to blame, it all depends on how we make choices, my experience with bitcoin is the most I remember in 2020 at the beginning of the pandemic and there was a lock down in various countries to be precise in March which made things difficult and had to sell most of bitcoin at a price around $ 7k. It is ironic indeed if it turns out that the pandemic that initially scared me would continue to fall but on the contrary bitcoin grew as if it couldn't be stopped. but I feel that this is a process that must be passed to get to something big.

After every pump, there is a correction. Most of us were new to crypto and got REKT because of that 2018 bear market. Even if bitcoin reaches 150,000$ approx. value in this year, we will see another bear market so we should be ready for that too.

We both have a similar experience, mate, that I started investing in bitcoin and other cryptocurrencies in 2017. Unfortunately, after bitcoin reached its ATH price in 2017, I didn't expect that it will suddenly go down, so I still hold my bitcoin by that time because I assume the price will go up again, but it didn't. I started selling half of my bitcoins in 2018 because I need funds to support my family's necessities.  So there is a regret seeing bitcoin increasing its price without recovering half of my funds and not able to grab the real opportunity to have a considerable amount of bitcoin.

If bitcoin price had not crashed in 2018，bitcoin should not be recognized by so many people, and no one will continue to invest in Bitcoin.

The reason why the rich become rich is because sometimes they can see opportunities that we can’t see. Although you missed Bitcoin when you were a student, there are still many cryptocurrencies to choose from. Sushi is a good opportunity.

Although true, the keyword here is "sometimes". The further we move forward into the age of high technologies, the more opportunities for those people who are struggling to learn as much as possible. Rich folks are lazy for the most part, and eventually they will lose this competition.

Not really, some of us who is poor could see opportunities but doesn't have enough wealth to pour good amount of money to that specific investment (Bitcoin for example), or It could be poor people doesn't have enough risk tolerance thinking about how limited their wealth is. Perfect example is the OP, necessities pushes them to sell their Btc early while the price was down. These young men sees opportunity in Bitcoin typically not everyone in their younger years.
Sad reality is that, rich people could easily make more money than the poor people.

I also experienced something similar to you. not only with bitcoins, even with altcoins. but that's the beauty of investing in crypto. the market runs very fast and also very volatile, so it is almost difficult for you to predict the next market (https://www.marketcapview.com/). So yes, we know that experience is very expensive, and we have to move on, so that we can learn from mistakes. here what we can take is, if you are already get a chance to make profit, then don't wait, because maybe the opportunity doesn't come twice and only happens once in your lifetime, take advantage of the opportunity as best as possible and quickly move on. it's what it's all happened and we can only use this as a lesson for future investment.

I also encountered the same thing when we were at our University. Me and my friends started learning about Cryptocurrencies during 2017 BEFORE the bull run then we joined lots of Alternate Cryptocurrencies campaign that really boosted our knowledge regarding Cryptocurrencies but some of us forgot to sell some of those Cryptocurrencies that would have made us financially stable as a student. Then 2018 came, we joined different kind of Airdrops and I was really sure that most of us would really pursue a career within Blockchain Technologies and Cryptocurrencies when Bitcoin's bull run did not stop during 2018.

Why Just EAT YOUR SUSHI ? and  don't give here as an option because that Sh!t project will going anywhere in cryptospace.
Just don't lose the momentum , if you Lose now there are other option to choose from . Lets make XRp as example , after the case was filed the value Fells down very Hard but look now , increased more than 100% in 24 hours so basically it is either manipulated or a real increase but the thing is it recovers.

Not really, I will not differentiate between rich and poor who see the opportunity for everything to come back to us, how to see the whole coin that we observe, but some of that is how it is invested so it remains if we put a lot of capital and choose the right coin, the profit will be even greater. same thing also by putting small money then the profit will not be big, so we see how we correct the market conditions and that's the best person to choose the top coin.
Cannot distinguish wealth, but lower people can also benefit from existing capital.

They have experienced a lot than us so they see the future happen and they know what is going to happen so during the 2018 when the price of the bitcoin dump or even the altcoins they grab the opportunity to have this because the price is good on the year so this year they are ready to get the profit and their patience in waiting is really worth it because they get a lot of profit and most of them they get millions of dollars when the bull run started so every time we are here in the crypto it's better to not waste it keep learning and improve your strategy because it will turn for you to get more money.

Our experience is full of ups and downs the same on how the crypto market works. Don't blame anyone on what happened to you instead use your experience in order to make a better decision in the future and what is good, it is not yet the end of your journey in investing to crypto as everyday is your chance to profit if you are still continuing to buy bitcoin or other crypto that have the potential to grow in the future.

With regards to your regrets, don't worry as you are not the only one who experience it as many are also doing the same to your action especially when the bear season occurred as many were afraid that the bitcoin will die and it's value will gone but now they fully regret their decision especially if they were unable to buy bitcoin again.

For most people buying Bitcoin is not an option, because they can barely make the ends meet with low income and high prices on everything. What they can do is start earning BTC in their free time, little by little. And, who knows, maybe today's $50 in BTC can become $1,000 one day? Earn and Hodl, guys. Earn and Hodl.

If the price hasn't crashed now I could've had got good number of ethereum in my wallet. Once the price crashed all the scheduled plans failed and I was pushed to cashout the ethereum kept for long term holding. Anyhow now too it isn't too late. A small savings in terms of cryptocurrency will get assured return in the long term.

For me, I think it is necessary for Bitcoin to have a major crash in 2018 because of the market’s immaturity (thanks to the ICO hype that lacks regulation). I do however, agree the fact that if the market was more matured like what it does today, I bet we have reached new heights and a lot of people may become Bitcoin millionaires or so.

Yep completely agree, in 2017 everyday we saw new icos and projects that want to get big funding and people saw that as a quick flip scheme, participate in the ico and sell immidiately when the token get listed on some exchange. People that don't even know what blockchain is keep buying crypto with purpose to get rich quick and i am glad that the crash happened as it's becoming out of control back then. The one that still believe in crypto keep accumulating and now the market is more mature and healthy than before.

That's what I like about the current situation: it's not only that we have reached higher heights than back in 2017, but indeed it's happening when the market is more mature. I remember reading, when we crashed from $19k to below $4k, analysts saying that the price, $19k+, was insanity, and that we'll never see an ATH agian. And yet here we are, at $47k+ at the moment. :)

Nope, you can only say that because we have this new ATH now but if we are just experiencing a market crash after 2020 Bullrun, I don't think what you can say.

The market really overwhelming but I don't believe that everyone is happy about this, coz it for sure, many was praying now that this bullish season will be done one day. I keep hearing people saying "what if I hold my Bitcoin since last year? I'm rich now...But what if the market dumps? Then they'll be saying I miss it, so bad I don't sell it during its ATH".

If Bitcoin did not crash in 2018, maybe we can't experience like this.

I also sold my Bitcoin in 2018 when Bitcoin prices crashed, but not because I needed money at the time. But because I thought Bitcoin would die
and become worthless, that's the biggest mistake I've made. At that time I should have believed in Bitcoin, and did not sell Bitcoin in 2018 for sure
now I am already rich. But it's useless to keep in mind, I have to move on from the mistakes I have made. And there's no need to blame anyone
if we finally sell Bitcoin in 2018, because that's the way of life we really have to go through. It is better for us to think about the future than to
keep remembering the past.

If no such thing happened, the crash might occurred in a different year simply because such thing is inevitable in this market or even in stocks. Demand and supply plays a major role in the market value of cryptos and you cannot control people to engage continuously into something. There are differences with regards to their decisions in their investments, and we are also undergoing different circumstances. It is not also true that if no crash happened, many people will be millionaires at this moment given that the price will not continuously increase in a consistent manner.

I started the journey into cryptocurrency 2017 through this forum and I sell a little part of the money I realized from participating in Bounties while saving the rest in Bitcoin and seriously you asking me about it today I will tell you that is the best decision I have made so far in something investment

I think everything happen for a reason ,and im so sad that you need to sell bitcoin early for your necessity and also i experienced what you had experienced too i sell my bitcoin when the times of needs is there and i feel regret for what i've done now coz the price of bitcoin now is absolutely high than ever before and i have a doubt that i dont have any amount of bitcoin.

Stop looking for who and where to put your blame on, rather you should be working hard. It’s not everyone that is born with the silver spoon in their mouths, some people had to work really hard to change their lives for the better and our can also do the same . Try to sit down and think everyday of what you can do to make your life better and when you have got a good idea you should start working towards that and working hard until your life improves.

Moreover you’re not the only one that lost money, you should have known how volatile the market is and kept an eye on it to know when things are going the direction you wouldn’t like. My friend also invested then but I told him to leave the assets and start working hard because there is no need selling it in loss. Finally he has been able to make the profit.

Back when BTC hit $19k in December 2017, a friend of mine, for whom I created a wallet and gave $7 in BTC earlier, seeing that it turned into $15, asked me whether it was worth investing at that point, and I said no. I was right in a way, but now it's funny to see that if he invested $1k back then(he could afford that at the time), and was holding till this day, he could have made a decent profit. :)

2017 was the worst year for bitcoin and at that time many people lost faith in bitcoin and they sold bitcoin, arrived in 2020 bitcoin went up again and the price changed drastically many of those who had sold bitcoin grew regret this is how the market can change at once.

The price of bitcoin or ethereum cannot be adjusted for every person who, moreover, did not make every effort to become rich. Each of us would act in a completely different way if we could go back in time ten years ago. However, time cannot be turned back. We need to learn from the past, think about the future, and live in the present.

People who had continued to hold even fraction of the btc from earlier period would be glad to see that they have made a very good return and those who continues to believe in bitcoin and its success growth story for future as well will make money in coming years as well. It’s going to be a volatile ride just past years but probably should be better as now we have institutions lined up to buy bitcoins.

Hopefully we'll see a crash like that but highly unlikely  ;D

I still remember that scene.  Right near the Lunar New Year, major accidents pulled bitcoin down.  ICOs are largely doomed by Chinese and Indian regulations.  We can not have "if" to represent the shortfall but in fact, there is too much regret.  Anyway, 2021 is a year we are rewarded by tangible factors. 
Therefore, we have a new ATh of 58k $ and then maybe 80k $.  It was a long process, but we won.

Today bitcoin position is so high and look back at e017 . Those who buy bitcoin and hold them that become millionaire . If bitcoin  had not crushed at 2018  i think more  people will be rich now because many people sold their BTC as they thought bitcoin will never be up again.But who hold them that crushal moment they are now milliniore .

Yeah, an awful story to read. You must feel so much regret for selling. It teaches people that hold on to what they believe in. If they think that cryptocurrencies or other things will be "valuable" then it worths holding on. As you said during life we all face some hardships which is hard to pass without giving away something. In your case it was Bitcoin. Yeah if the boom could have happened 2 years later in 2017 then it could be so much different for you. It was the case for many early adopters.

If Bitcoin price had not crashed in 2018, I would become a millionaire right now.  ;D  I was holding a good amount of BTC and it was worth really great.  ;D  But the price crashed and I lost a great deal of my profits. After that, I decided to HODL for a long time and I made a really good profit. But this time, I decided to withdraw early as I was thinking that the price could crash again but it went the opposite way. I've been really unlucky and I hope that I could break my bad luck.  ;D

If not even the price had dropped last 2018, I'm also doubtful if you were able to hold it until now. In fact, you do the sell earlier, and that means that you are one of those emotional holders.

One reason why we have sometimes to regret what we do in the past is that was a normal happening. We can't be perfect and having Bitcoin isn't a lifetime holding and that is sometimes we have to sell it.

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If I didn't sell my Bitcoin and keep holding, I become a millionaire, maybe it's true but we forget to think what if the market still not moving this high?
Holding is not a guarantee that we become millionaires, it is just in time we have this new ATH and that is why we think about it.

Well, he's after the profit so we can't blame him for selling his bitcoins. I am just glad for those people who held back then that earned a profit in this bull run. Selling bitcoin at a right time is good for traders but intentionally selling it early to diversify it to other assets that could potentially give you a way better profit is way better if we are talking about getting profits. I myself had planned before the bull run started and one of them is selling a portion of my bitcoins at certain price points whenever bitcoin moves like it is on 2017-2018. As of now, I don't regret doing it actually.

At times the market simply looks like a gamble, because we aren't sure about the market as well as we can't have any perfect decision. If Bitcoin hasn't crashed by the time, now I would've stayed without much of loan repayment. Anyhow the bear market gave some big learning about the market.