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Author Topic: Did you buy bitcoin in December 2017?  (Read 1515 times)
lebron
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June 19, 2018, 05:04:13 PM
 #41

No i did not.Even though there has been a drastic fall in the price, i am still making purchases now and i strongly believe that the ideal value of bitcoin would rise again and even get much higher price than it used to.
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June 19, 2018, 05:17:40 PM
 #42

I think there is no need to worry and panic. The investments in middle floors will be on floor and floors. The only thing to do at this point is to stay away from panic trading on bitcoin. You can also see such moments as an opportunity to improve yourself.
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June 19, 2018, 05:23:23 PM
 #43

I agree with you. last December bitcoin reach the 20,000USD limit. I believe this year bitcoin will hit 25,000USD limit according to market trend and technical analysis. This market really couple with emotions and market news. I think this a good time buyback and store.

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June 19, 2018, 05:26:12 PM
 #44

I have not bought btc while the prices were skyrocketing in December 2017. I was only watching my positions multiply  and earn some profits.I never thought that btc would drop this low so that many high rise investors starts to think now and testing their patience as well.I would advise people to wait as there is lot of future still left for btc ,the only thing we need to do is to buy positions at this juncture to minimise the loss or earn profits in the long run.

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feny.blackpink
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June 20, 2018, 04:03:21 AM
 #45

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

Luckily i haven't buying bitcoin at that time because i know bitcoin price was hyping. My strategy is simple, buy when low and sell when high.
If you buy when high, then it is a panic buying and not good. You will have a probability to loss later.
Dacosta Osei-Tutu (OP)
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June 20, 2018, 07:27:49 AM
 #46

I agree with you. last December bitcoin reach the 20,000USD limit. I believe this year bitcoin will hit 25,000USD limit according to market trend and technical analysis. This market really couple with emotions and market news. I think this a good time buyback and store.
It will be a good news if bitcoin is abke to hit 25k dollars by the end of the year because that will be the only way those who bought at 20k last year could make some profit out of their investment.
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June 20, 2018, 07:40:43 AM
 #47

No I did now not purchase bitcoin ultimate 12 months in december 2017 because the reason is I always avoid to buy while market rising agrresivesly and the result is many trader has been lure to ebook the short cash in rising marketplace however my approach is continually to buy in dropping market but bitcoin is a long time investment
Deathgamer
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June 20, 2018, 07:50:17 AM
 #48

No I did not buy bitcoin last year december because the value is too huge.That value is only good if you sell your bitcoin if the value is high.Much better to buy bitcoin now because the value of it drop down so you can be able to earn big profit when you sell it when the value rises again.
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June 20, 2018, 08:32:14 AM
 #49

I have not bought btc while the prices were skyrocketing in December 2017. I was only watching my positions multiply  and earn some profits.I never thought that btc would drop this low so that many high rise investors starts to think now and testing their patience as well.I would advise people to wait as there is lot of future still left for btc ,the only thing we need to do is to buy positions at this juncture to minimise the loss or earn profits in the long run.
I think most of us took the grand pump last December 2017 for granted. I really thought that bitcoin will possibly stay in that price and will continue to rush. The thought that it may dump didn't get in my mind and when I realized that it is a good time to turn some of my cryptos into fiat, it is too late already because the pump had passed already. Its been months of waiting for the price to rise and recover from the dump but what we are getting now are small fluctuations.

Anyways, investors and whales must be waiting for something, keeping them from jumping now and making the price high.

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warning_btc
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June 20, 2018, 08:38:29 AM
 #50

I am earn bitcoins from bounties and dont cash out.
I wanted cashout and wait KYC approve but exchange dont accept my docs by reason what very high amount of new registrations, and while i am wat i am trade and buy alts then prices goes down.
Crypto market have many problems, one time when i am want withdraw from dicecasino site to exchange, exchange have troubles with wallets then while it fixed i am lost my funds by game in this casino LOL

talkbitcoin
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June 20, 2018, 08:45:03 AM
 #51

there is nothing wrong with buying bitcoin at different times even if the current price is lower than that price you bought at. bitcoin is going to continue going higher, this is nowhere near the end of that high price that bitcoin will reach! obviously you always prefer to buy at the bottom of the dips and as low as possible but that is not always possible.

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pxo.011
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June 20, 2018, 08:53:47 AM
 #52

this is pretty bad for them because they lost almost 13000 dollar but this is the right time to buy more to cover other loses, i know they can revive and survive the loses
jaocoincrypto18
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June 20, 2018, 09:07:40 AM
 #53

Yes i buy Bitcoin last year at $18,900 price value then at first it was feels like to the moon when it reach $19,800 but suddenly it slowly to fall down until it reach as loss as $10,000 because of keep on holding and realized that i already lose a huge value due to always listening to the majority that did not experience what it feels like to lose a huge value. After that traumatic experience i was force to learn on how day trading works and fortunately i was gaining thru sell high and buy it low again because of the market fluctuation.
PG13
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June 20, 2018, 09:24:57 AM
 #54

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 can relate on your post as December 2017 was the time I enter this technology and many people invested on that time without doing research and when the market undergo correction there comes the panic of those people. I'm lucky I did not even bother to invest that time as I need to observe first the market situation. Anyway as long as they did not sell their bitcoin they can still have chance to be profitable once the price returns at the peak. Just be patient.

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June 20, 2018, 10:13:42 AM
 #55

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'm not buy bitcoin last december 2017 but it yave a little amount of bitcoin i hold in my wallet, on that time i cn't worrying because i preoared myself what will hapenn after the price too much expensive, I bought my birthday coin at low price and ino need for me to cut off loses.

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June 20, 2018, 10:31:38 AM
 #56

It doesn't matter. Think of the long-term.  Prices are always going to rise.  So, if you hold your nerve, that 20k is going to multiply into 100k in a few years, or even within a year according to some analysts.  Don't despair, and always HODL.
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June 20, 2018, 10:37:34 AM
 #57

The classic reason if you say 'do not use panic selling when you sell bitcoin' is a word that you should keep well. Everyone has different views on bitcoin prices, let's say if you buy bitcoin in December 2017 and do not use panic selling until now you still keep it, how much your capital lost? bitcoin market depends on someone making a decision, if they sell bitcoin when it first crashes and back again at the moment the bitcoin price at the price of $ 6000 the person will make a considerable profit also later.
worldsuccess01
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June 20, 2018, 10:48:29 AM
 #58

No I did not buy bitcoin in december first of all the price in the market changes day and day and I should be worried on what happened in the few days to come .
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June 20, 2018, 11:19:43 AM
 #59

No. Really there was no money but its also a knowledge to know that most investors always pull out funds at this season so those who have invested pumps it so that more people buy, they sell and make their money and then cash out.
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June 20, 2018, 11:23:50 AM
 #60

Nope. That price has perpetually made people loose money as they are yet to recover their capital. Wish them all the best in the future.
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