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Author Topic: Did you buy bitcoin in December 2017?  (Read 1507 times)
Dava.Dina
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June 19, 2018, 02:27:25 PM
 #21

Last December I had an urgent need for money today and I decided to sell Bitcoin today but the money I earned was much smaller than the amount I invested.

I have lost money because when the price drops quickly I have become a panic seller and indeed I buy Bitcoin at a high price just hoping Bitcoin rises but actually the price of correction occurs

It is an undeniable fact that I was severely affected by Bitcoin's sudden price cut and I bought it in December last year when Bitcoin skyrocketed and I understood the emotional trauma I was experiencing.
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June 19, 2018, 02:27:32 PM
 #22

No, I did not buy, I did not think about it, it was possible because there was no money at the time, but in any case the rise was so great that we thought it would never be low again , And I wish to those who buy on this price to sell with gain
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June 19, 2018, 02:30:32 PM
 #23

no i do not buy bitcoin in december 2017. i agree with you should we do not need to panic and despair because that is the biggest cause of failure in bitcoin world. be patient and success has been waiting for you
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June 19, 2018, 02:31:00 PM
 #24

I did not buy. And luckily I did. If not now my property has fallen in half. But I think the timing is very appropriate because BTC and Altcoin usually grow at the end of the year.
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June 19, 2018, 02:35:03 PM
 #25

I have not, I am still on the process of learning the waters in bitcoin back then (until now even).
I do not even have the money to buy them lmao but I get the panic by those who did bought bitcoin back in December when it is skyrocketing like you said, bitcoin has dipped so much and that may cause despair to them.
I continue to be optimistic about it like most do and simply wait.
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June 19, 2018, 02:35:38 PM
 #26

It is an undisputed fact that those are affected much by this sudden drop in bitcoin price are those who bought it in December last year when bitcoin was skyrocketing. I understand the emotional trauma you are going through. Nobody will be happy watching his investment losing value like that. I want to encourage you that the downfall of a man is not the end. In June 2017, nobody ever thought of bitcoin hitting $20k by December 2017 and that is the beauty of bitcoin. It takes only minutes for bitcoin price to either rise or fall. Never dump your coin out of fear. Let's keep our fingers  crossed and hope for the best. If you understand that Bitcoin is a long term investment, you wouldn't panic when the price falls within some short period of time. We will all laugh soon
Yes you are correct, the people who invest in december 2017 are now very worried about the investment they bought. Last years peak is almost $20k it is 70% down as of it’s price right now. But some bitcoin believers don’t panic and try to HODL as hard as they can because they do believe that bitcoin will surpass the last years price peak and gain profit out of their investment. But it is a long way to way to go but worth the wait.

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June 19, 2018, 02:41:38 PM
 #27

It is an undisputed fact that those are affected much by this sudden drop in bitcoin price are those who bought it in December last year when bitcoin was skyrocketing. I understand the emotional trauma you are going through. Nobody will be happy watching his investment losing value like that. I want to encourage you that the downfall of a man is not the end. In June 2017, nobody ever thought of bitcoin hitting $20k by December 2017 and that is the beauty of bitcoin. It takes only minutes for bitcoin price to either rise or fall. Never dump your coin out of fear. Let's keep our fingers  crossed and hope for the best. If you understand that Bitcoin is a long term investment, you wouldn't panic when the price falls within some short period of time. We will all laugh soon
I wish i could but i was not able to do so because the price was insanely high but looking back at least it was for the best did not buy at the peak because it will be hell lot of money getting lost in the following months i'd rather buy when is down so that atleast a small scale investment would not hurt that much but could become or grow with a bigger profit.
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June 19, 2018, 02:43:40 PM
 #28

I did not buy it because at that moment Bitcoin was really again on the wind. Bitcoin prices are very expensive. I can not afford it because I do not have much money. But it's good that I did not buy because Bitcoin prices began to fall. Bitcoin creates anxiety for people who have bought Bitcoin by the end of 2017. They continue to worry because from the beginning of January until now Bitcoin has not moved up from its downturn. If they are patient and hold Bitcoin at least until the end of this year, I'm sure their assets will come back even at a price higher than before.
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June 19, 2018, 02:44:44 PM
 #29

I hold my btc since 2014 and I sold 0.05 btc when bitcoin on $ 18.500
As an investor, I try to hold as much as possible and of course I felt regret for not sell most of them.

Well it's investor's Life !
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June 19, 2018, 02:50:38 PM
 #30

December last year price was still in $9000 and there were a lot of good news coming out which means buying them meant a great opportunity to double your money in less than a month and even if you didn't sell and held on to it you still have made an excellent decision, just because price is now lower than $9k that doesn't mean it is real price.
we currently are in fake territory that is manipulated and kept down not the real value of bitcoin by any means.

There is a FOMO brewing...
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June 19, 2018, 02:56:34 PM
 #31

The thing is, before June of last year the price did not drop with more than 50% in a few months, so it will be much harder to

motivate the people who bought at the ATH. Most of those people who have bought at $19,000 already cut their losses and

probably left this scene. You really have to have balls of steel to stay in, once you lost more than 50% of your investment

capital.  Shocked {Or have huge liquidity}  Roll Eyes

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June 19, 2018, 03:03:00 PM
 #32

It is an undisputed fact that those are affected much by this sudden drop in bitcoin price are those who bought it in December last year when bitcoin was skyrocketing. I understand the emotional trauma you are going through. Nobody will be happy watching his investment losing value like that. I want to encourage you that the downfall of a man is not the end. In June 2017, nobody ever thought of bitcoin hitting $20k by December 2017 and that is the beauty of bitcoin. It takes only minutes for bitcoin price to either rise or fall. Never dump your coin out of fear. Let's keep our fingers  crossed and hope for the best. If you understand that Bitcoin is a long term investment, you wouldn't panic when the price falls within some short period of time. We will all laugh soon
This bold sentence is the ultimate truth which everybody should know. I don't think the people who believe in Bitcoin would be worried about the price fall because they know that it is just a temporary decline and sooner or later it will bounce back to the top. Bitcoin has been doing this since many years.
Once it creates a new ATH it drops down and then in a few months it sets another ATH. The $20k target is another milestone for BTC and it will take quite a while for it to achieve. Sooner or later it will cross that and set another ATH. I am pretty much sure that when it crosses the $20k it will have another correction and the price will again fall down.

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June 19, 2018, 04:01:11 PM
 #33

No I did not buy bitcoin last year in december 2017 because the reason is I always avoid to buy when market rising agrresivesly and the result is many trader has been trap to book the quick money in rising market but my strategy is always to buy in dropping market but bitcoin is a long term investment in my opinion those who are running in value loss of btc they can hold their btc because you never know when btc will spike aggressively again and you guys will again in profit.

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June 19, 2018, 04:04:42 PM
 #34

I think people who bought in December 2017 are hard to make long-term investments. This is a time for failure to invest. Timing is the most important thing in any investment.
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June 19, 2018, 04:22:06 PM
 #35

No, the price that time is too expensive and its too risky to invest and im really greatful on that because if i invested in bitcoin at that time may be today i already losing to much of my money.
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June 19, 2018, 04:33:56 PM
 #36

Honestly I bought bitcoin when it was $18000 and I have not sold it upto till money due to the fact that I have lost 80% of my investment.
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June 19, 2018, 04:35:17 PM
 #37

I did not buy bitcoin at the price of December 20 17 year. At that time I did not have such a need. Even if I had to, I would.Of all my friends, no one bought either.Now the price of bitcoin is much lower but it does not upset me.I'm optimistic. And I believe that bitcoin will take its former position Because money loves positive.

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June 19, 2018, 04:41:21 PM
 #38

I really agree, bitcoin is difficult to predict when it will rise or fall in price. Moreover, it can happen in a really short real time. If we throw the bitcoin or sell it because of panic it will only make us experience a loss and remorse very deep. We've found evidence that bitcoin never reached $ 20,000 unexpectedly, so still be assured that bitcoin will get back to it.
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June 19, 2018, 04:42:54 PM
 #39

No I don't buy bitcoin at that time, I'm really glad that I don't have much money to invest, sorry for those who bought but who knows maybe one of this day the price will raise again, so better to hold more time and good luck.

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June 19, 2018, 05:00:22 PM
 #40

I bought bitcoin and LEDU COIN I believe that LEDU COIN will give nice gain in the near future!
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