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Author Topic: Did you buy bitcoin in December 2017?  (Read 1507 times)
PalcoVvodeC
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July 09, 2018, 08:56:48 AM
 #341

No, I bought it in September and January=)
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DungPhan
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July 09, 2018, 09:14:48 AM
 #342

If I had money at that time, I would definitely buy BTC. The world was pink then and now it's black
realcrypto
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July 09, 2018, 09:16:18 AM
 #343

We know that  there is a big difference in price between December 2017 and today. The drop in price have really affected so many people. The advice I have for those people is to take time and check bitcoin chart in coinmarketcap so as to know the price of bitcoin before December 2017 and also study the events that leads to such rapid increase in price, From there they will have hope of price appreciation.

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Goozzi
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July 09, 2018, 10:13:46 AM
 #344

We buy 100 TH/s in december on cloud mining service. This inthestment was very loss-making.(Because difficulty up, profit down. If in last year it was 300%, now it is zero((( The most big problem ,that we take credit in bank for this operation! (And now, we have big problem.(((😢
Bumblecoin
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July 09, 2018, 10:16:15 AM
 #345

You are quite correct. People who invested during mid December and late December will be worried now, that is if they are not long time believers because since its ATH, it has not got to $13,000
I agree. It too long then holding their coin. But maybe, they must just extend their patience for the price of bitcoin will not stay at its lowest. In investment, our patience and faith is really being tested.
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July 09, 2018, 10:30:23 AM
 #346

For a newbies point of view it is quite tempting to buy something that are in the latest trend just like bitcoin where the price got trending during the month of December where it almost reach to 20k ATH but not knowing how the price could change after a couple of month for they are expecting too much that it can get a skyrocket price but the in reality all went down and many got disappointed that's why i never bought during the December rally.
curry101
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July 09, 2018, 10:38:37 AM
 #347

No, i didnt buy any biycoin in December 2017. What i have done that time is i sold half of my bitcoins and the other half is ive sold it in the month of feb this year. And now i bought some btc again because its value is low and it is a good chance again to gain profit at the year end.

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July 09, 2018, 10:55:07 AM
 #348

Had bought it or not at that moment, everything will be fine or it will not be a big problem if it really has a lot of effort that can be done. I personally still holding it from all the income that I earned and certainly optimistic about it. This is part of the future, of course.. the long-term will pay for it.
Activitycoin
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July 10, 2018, 01:54:51 AM
 #349

I bought in September 2017. But in December i opened some altcoin deals. Thank you for motivational post. Its really hard, but I believe all will be a rocket. Averaging my positions - its good way and decision.

Many people know that December 2017 is the day of Bitcoin because the price value of it reaches 20k usd and many of us hoping that this year 2018 will be also the great day for the price value will rise again.
This is true most of experts use to say that price of bitcoin will be normal once again at the months of December 2018 same as 2017, most of people have bought and some are agree to buy some coin right now and some are waiting to buy latter but I think buying now will increase our profit and we will be able to get wide and best profit, I am sure at December 2018 bitcoin will be main stream, so let’s see what will happen but I am thinking about really a profitable output.
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July 10, 2018, 10:06:00 AM
 #350

Recently I make some plan about Bitcoin that is, I want to buy a huge amount of Bitcoin, already I buy 10 BTC and again I want to buy in December but some cryptocurrency expert say Bitcoin will be growing in August. My social media friends already by 5 BTC. If you want to buy Bitcoin in December so you can buy because at this end of year Bitcoin will be more valuable.
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July 10, 2018, 10:20:34 AM
 #351

No we did the opposite thing, that is selling it. And by that time we had such huge profits from the difference in the purchase price, for me mid-December 2017 was the most beautiful day and to this day I still hope that the incident will happen again.

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July 10, 2018, 10:45:52 AM
 #352

I do not buy bitcoin at the time of December 2017. But I know some friends bought bitcoin at that time for nearly 20k usd. I understand their situation now. If they sell at the highest price in 2018 is 9k7 usd then they still have half the loss compared to buying
I don't prefer to buy bitcoin bitcoin at the moth of december as well because based on what I have noticed usually, at peak of december bitcoin's value is increasing thus make it so bad idea to buy that time, maybe it is better if we sell. If you are going to buy, you should do it now and take the opportunity because it might be your last chance.

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July 18, 2018, 08:22:46 AM
 #353

No I didn't, because that is the time that i am busy with my studies. So, I do not know all about bitcoin and i have no idea with it. But now that i knew about bitcoin and now i have joined with this forum, i still did not buy a bitcoin because i cant afford to buy it.  Smiley

No and I thing in December the price was very high which is not an affordable price for investors like us as we do not have high savings. Now we can make sure our place perfect if we follow a strategy to bring our position to invest with any amount either normal or higher price investment, it will be easy and not a problem for us if we spread our portfolio and to make ourselves rich with the passage of time so we should not let the hard work but should continue towards success.
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July 19, 2018, 05:12:54 PM
 #354

Last year value of Bitcoin was quiet low and rates were also low. Many people purcahsed at that time. After one year they sold with high valueable rates. Basicaly that was right time and initial start of Bitcoin in market. Profit is attained by people.
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July 19, 2018, 11:52:56 PM
 #355

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

Buying bitcoins by that time is really a bad idea because the market prices is very high and you will just lose a huge amount of capital because the price today is very cheap.

tbterryboy
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July 20, 2018, 07:59:39 AM
 #356

Thank God I did not. I actually managed to sell some, totally worth it.

I learned a lesson from that bull run: always take some profit periodically when it's going up. No matter how confident you are in the market. Remember that the run will stop at some point, don't make unrealistic hope like Bitcoin going above $100,000 from here. That's just too much hopium.
I did not buy the Bitcoin last year as that was my experiencing year to learn strategies and actions of market price and other factors which fluctuates due to some reasons. Now that was my learning time and now I am making myself for investment to find a specific time to buy a lot of Bitcoins on low price. Experts said that price will go higher than 30k dollar in next upcoming months so this is the time to invest for long term.
South Park
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July 20, 2018, 01:39:50 PM
 #357

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
You are giving a good advice but people are not going to listen to it, most of the people that bought at the top of the bubble already sold their coins they were not thinking of buying their coins to hold for the long term, they thought the price was going to keep skyrocketing and they bought despite the high price even when some people in the forum were warning that we were in a bubble.

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July 24, 2018, 08:32:38 AM
 #358

As far as I know we have never regretted that we bought some even if the price of bitcoin dropped this low because I believe that it can still recover as it is always done after correction. I did not buy bitcoin in that month
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July 24, 2018, 12:49:36 PM
 #359

Yes i did. That is why those btc bought that time really lose, because when 1st quarter of the year entered, it started to drop, but of course i am positive because i am prepared for that scenario, and willing to wait for the right time for bitcoin to go up again and soar back in the sky.
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July 24, 2018, 04:43:35 PM
 #360

As far as I know we have never regretted that we bought some even if the price of bitcoin dropped this low because I believe that it can still recover as it is always done after correction. I did not buy bitcoin in that month

Of course bitcoin will recover after correction, but it can take too much time. You always need to leave some money for short-term investment.
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