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Author Topic: Did you buy bitcoin in December 2017?  (Read 1515 times)
cryptomaster4
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June 21, 2018, 12:45:24 PM
 #81

Absolutely you are correct.I think bitcoin will hit over 20k again in end of this year and that buyers can be happy.as you said bitcoin is a long term investment.

Crypto Since 2017
Akorharrison
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June 21, 2018, 12:46:56 PM
 #82

yes I bought btc at the first week of December 2017 and I bought them at the rate of $19k but since then till now I have lost almost 77% of what I have bought even till now I m worried about this same issues.
Dacosta Osei-Tutu (OP)
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June 22, 2018, 08:37:53 AM
 #83

yes I bought btc at the first week of December 2017 and I bought them at the rate of $19k but since then till now I have lost almost 77% of what I have bought even till now I m worried about this same issues.
Sorry about that friend. I believe there is still hope once you have not sell the coin yet. In order to avoid any broken heart, embark on a vacation to take your mind off your investment and also stop monitoring the price on exchanges for a while
crypto002
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June 22, 2018, 11:16:28 AM
 #84

I also bought in end of dec 17 when it was high and I feel the same.I feel sometimes sad also its just human nature
In bitcoin you need to understand when you invest you forget for atleast 6-12 months and invest what you have extra money.Only this way you can enjoy profit.
Chacon994
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June 22, 2018, 11:17:47 AM
 #85

Although I did not buy bitcoin in December 2017, but I bought a lot of ETH in December, it was a mistake to think that ETH could completely increase to $ 1700 in 2017.
Hughes_Ryan
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June 22, 2018, 11:19:37 AM
 #86

Yes, I bought 0.3 BTC in December. But I'm still not upset and disappointed when the bitcoin price drops to $ 6000 in the first few months of 2018. Currently, I am still holding BTC in the wallet on Kucoin exchange.
Harpawan
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June 22, 2018, 11:24:28 AM
 #87

Yes, I bought bitcoin in December 2017. until now I still hold it. After I bought bitcoin at that time, bitcoin price keep going down until now. I will wait until whenever bitcoin price rise until price time i buy.
wall101
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June 22, 2018, 11:25:42 AM
 #88

No i didn't but my mistake was when i cash it all out and spending it on stupid things then suddenly the price goes up like crazy and i can't do nothing about it anymore
soname12
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June 22, 2018, 11:29:41 AM
 #89

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
That's my mistake. There are many analysts saying that the price will rise to $ 25,000 on December 31, 2017. So I invested a lot of money to buy bitcoin for $ 18,000.

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Heidim
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June 22, 2018, 11:47:29 AM
 #90

I bought around Oct 20017 for the first time, then sold in Dec for some nice profit which I then invested in some altcoins. But very early Jan I sold most of everything. I've bought some in the last month but not much. I think we are going to go even lower in the next month or so and then I'll be buying.
Cryptopeppe
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June 22, 2018, 11:52:05 AM
 #91

hello,
fortunately not! who bought bitcoin in December is losing tons of money right now...
I'm really sorry for them, unfortunately this is the way the market works!
I advice to them to continue to hodl and don't worry, the market will return green soon.
HODL guys HODL tight!
Lancusters
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June 22, 2018, 11:57:09 AM
 #92

I sold and bought bitcoins in December 2017. I'm still doing that now. Falling prices is the main problem only for investors who were set up for long-term storage. But let's be objective. It has only been 7 months since the beginning of the fall in prices. It is too little to draw any conclusions. Suffers only speculators who are used to quickly make a profit.
ViktoriaM
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June 22, 2018, 11:59:06 AM
 #93

I did not buy in 2017 in December, but my acquaintances bought. They have different reactions. One is sad and complains that he has lost a lot. The second - he put his money into bitcoin and suffered for a long time, the third one - he does not feel sad, he understood that he is taking a risk and was ready for any situation. The conclusion is - invest free money, which you will not be sad after. And in case of recovery - they will make you richer  
Crypto one
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June 22, 2018, 12:05:33 PM
 #94

Someone needs to buy on the top, or we will never get any top, I sold some altcoins  for bitcoins in December, and those coins I sold has turned out to be worthless now.
In long term I still believe we will seebitcoins prices higher than It was in dec2017.
  So just keep hodl your expensive bitcoins. In 10 years you might have made a 10x or even more, from the dec2017 top.
lushlife
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June 22, 2018, 12:06:53 PM
 #95

November 2017 when someone introduced me to BTCitcoin, one month of background checking about BTCitcoin, and sht just got real bought on December 2017 to hodl, but I am slowly recovering since I tried trading.
connexus
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June 22, 2018, 12:07:51 PM
 #96

I did not buy bitcoin last December 2017 because the price is too high and I cannot even afford to buy atleast one bitcoin. Those who buy some for sure there is side of their mind that they are worried because of the big losses. But of course if they would still hold it there is still possibility that they will recover that losses.
Daniel91
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June 22, 2018, 12:13:52 PM
 #97

No, in fact I chose that time to sell some of my btc funds and to invest in other crypto currencies.
Now, it seems that I could be smarter and move some funds to fiat but now is to late to change it.
In fact, right now the best decision is to ''hold'' or even buy more bitcoin.

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Exchge
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June 22, 2018, 12:24:13 PM
 #98

I strongly agree with your opinion about bitcoin market, and hopefully for the near future this value will go to the moon again as in December 2017 yesterday.
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June 22, 2018, 12:29:45 PM
 #99

Luckily no, I’ve been quite lucky with mine, the majority of my coins I bought in January 2017, I was then able to sell half a bitcoin and recoup my whole investment whilst still holding lots of other coins, that felt pretty good
deadsilent
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June 22, 2018, 12:30:34 PM
 #100

Well, that's the risk of investing on Bitcoin. If you let your emotion control you, you will never be a successful trader. They buy Bitcoin hoping it could rise more. They were wrong. Luckily i already sold my btc to another altcoins before it falls down to $12k so i can get more profit. Sad for those who buy at the peak. They should keep their Bitcoin a little bit more. There's still a chance for Bitcoin to rise again. We are just at the first half of the year. Many things can happen.

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That's my mistake. There are many analysts saying that the price will rise to $ 25,000 on December 31, 2017. So I invested a lot of money to buy bitcoin for $ 18,000.

Wow! That must be almost the half of what you invested. Sorry about your loss. This is unexpected. I thought Bitcoin will rise even more this year but it's not. I loss $20k because of this bear market
Hope it recover soon. So i recover atleast half of my portfolio..
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