The pain of holding bitcoin in 2017.

[gabmen]

This year 2017 has not been favourable to those that buy bitcoin in 2017, ended and are still holding.  Bitcoin is in a state that we have not expect as many investors and speculators were saying bitcoin will get to over $50,000 this year.  We should still holding as selling below the amount we buy is selling out of pain and frustration.

Well unfortunately, those people have limited choices. By this time, those that probably got in because of hype had already sold their btcs and those remaining are set for the long haul. Disappointing of course, but you have to look way ahead if you don't want to lose.

[1715193154]

1715193154

[GoodLuck2]

This year 2017 has not been favourable to those that buy bitcoin in 2017, ended and are still holding.  Bitcoin is in a state that we have not expect as many investors and speculators were saying bitcoin will get to over $50,000 this year.  We should still holding as selling below the amount we buy is selling out of pain and frustration.

Ofcourse, holders of 2017 end will be in panic because the predictions were wrong as said in the statement that experts predictions were around 50k dollar price but we saw downfalls in 2018 beginning and those downfalls are now ended but the price is still in the low market that is around 6k dollar with some fluctuations. I prefer to follow market according to conditions and nothing more as predictions are useless.

[KennyR]

Compared to 2017, every user is experiencing hard days right now. Because, past year people never knew it'll grow such high. In unexpected time period things took place in a positive way reaching big value. Now people are much curious to experience the same and the expectation level is big. By now the growth happening in such a down trend is just increasing the pain.

[ridho002]

This year 2017 has not been favourable to those that buy bitcoin in 2017, ended and are still holding.  Bitcoin is in a state that we have not expect as many investors and speculators were saying bitcoin will get to over $50,000 this year.  We should still holding as selling below the amount we buy is selling out of pain and frustration.

Ofcourse, holders of 2017 end will be in panic because the predictions were wrong as said in the statement that experts predictions were around 50k dollar price but we saw downfalls in 2018 beginning and those downfalls are now ended but the price is still in the low market that is around 6k dollar with some fluctuations. I prefer to follow market according to conditions and nothing more as predictions are useless.

They that hold bitcoin in 2017 should have suffered severe losses at this time because the difference in price was so far, than holder that hold bitcoin in 2018. It might take several tens of months to get their capital back or also see the price of bitcoin soaring again as it did at that time.

[ballerin and giroud]

Sometimes a prediction even though it comes from experts then I will be less certain that it will happen. Bitcoin prices is very slippery to predict and sometimes I did not understood the market situation when positive news came, but prices remain unchanged, so that I believe that there ware other factors that make the price of bitcoin or even the price of altcoin change. For someone who bought bitcoin last year there is no other way than to hold, selling at this time will give a big loss.

[hahay]

Selling because of pain and disappointment because of frustration with the crypto market conditions this year is not the right thing to do, I personally still buy bitcoin and some altcoins this year which are only to be hold, because I personally still believe there will be a further increase that will happen very well someday. So with a situation like this I don't feel disappointed, because we can see the market does not continue to fall and still survive in the same range and surely the market will recover.

[Skuderman]

This year 2017 has not been favourable to those that buy bitcoin in 2017, ended and are still holding.  Bitcoin is in a state that we have not expect as many investors and speculators were saying bitcoin will get to over $50,000 this year.  We should still holding as selling below the amount we buy is selling out of pain and frustration.

indeed, at that time the price increase was very large, reaching $ 20,000, this increase made many people get huge profits when they saved a lot of bitcoin before the increase occurred but for those who just bought at prices that were still relatively high, until these prices are getting lower, so they get huge losses. This is a risk if we do invest in digital currency, price increases and decreases occur without our knowledge and can only predict it to minimize the losses we get.

[EdenHazard]

For those people who bought bitcoin at December 2017 exactly, but for those people who bought bitcoin at the beginning of 2017 I guess if they keep holding the bitcoin they have till now, then they won't feel a loss but still get a profit. That is true the price of bitcoin at the beginning of December experienced a drastic decline, various regulations that came contrary to what happened in 2017. As each investor is forced to give up their investment and see further developments. However, if every country considers returning to accept cryptocurrency, it is likely that the price of bitcoin will rise again, so keep hold for someone who has suffered a loss.

[Barbarian]

This year 2017 has not been favourable to those that buy bitcoin in 2017, ended and are still holding.  Bitcoin is in a state that we have not expect as many investors and speculators were saying bitcoin will get to over $50,000 this year.  We should still holding as selling below the amount we buy is selling out of pain and frustration.

You had the chance to buy bitcoin at reasonable prices for most of 2017 it was not until October when the price began to accelerate its growth so if you are not comfortable with your profits or losses the only one you can blame for that is yourself and no one else.

[STT]

Its possible to calculate an average weighted price for any duration of time be it this year or last or a rolling 12 month.    This measure could be known as volume weighted average price or vwap, its far more common to use just simple moving average of price regardless of volume but adding the amounts traded at every price increases accuracy.

Problem with BTC is that it has no one exchange so is very hard to decide on exactly, hence ETF regulators indecision.    Its likely december was volume heavy but not so much that the past months have not exceeded it by now, we have more holders around this price then above imo

[chickenado]

Its possible to calculate an average weighted price for any duration of time be it this year or last or a rolling 12 month.    This measure could be known as volume weighted average price or vwap, its far more common to use just simple moving average of price regardless of volume but adding the amounts traded at every price increases accuracy.

Problem with BTC is that it has no one exchange so is very hard to decide on exactly, hence ETF regulators indecision.    Its likely december was volume heavy but not so much that the past months have not exceeded it by now, we have more holders around this price then above imo

Its really hard if you compare 2017 to 2018, the disparity of both year's if you bought bitcoin in the  highest price then in 2018 market is quite not  good absolutely your loss

[iv4n]

Its possible to calculate an average weighted price for any duration of time be it this year or last or a rolling 12 month.    This measure could be known as volume weighted average price or vwap, its far more common to use just simple moving average of price regardless of volume but adding the amounts traded at every price increases accuracy.

Problem with BTC is that it has no one exchange so is very hard to decide on exactly, hence ETF regulators indecision.    Its likely december was volume heavy but not so much that the past months have not exceeded it by now, we have more holders around this price then above imo

Its really hard if you compare 2017 to 2018, the disparity of both year's if you bought bitcoin in the  highest price then in 2018 market is quite not  good absolutely your loss

You can`t compare this and last year by the price. You can`t compare this year price with price from 5 years ago. 5 years ago is interesting date, some people bought bitcoin at 1200 dollars, that was top, next years for them are similar like this year now, after top big drop came. I think that people who bought on top just made a mistake, they didn`t know how things work. They just saw big headlines, price moving up and many thought it will go much higher, well we know what happened. Of course this price is not favorable for this people, but they need to think about that like they learned a hard lesson, there isn`t other way around than to wait now and maybe to buy some more in this dip.

[Zadicar]

This year 2017 has not been favourable to those that buy bitcoin in 2017, ended and are still holding.  Bitcoin is in a state that we have not expect as many investors and speculators were saying bitcoin will get to over $50,000 this year.  We should still holding as selling below the amount we buy is selling out of pain and frustration.

This year is 2018 not 2017 but if you mean the investors in 2017 up until today then probably they were still holding it if they did not sell it for a low price.

What you were talking about of $50k is not too clear today since bitcoin's last ATH was $20k and you look we are at $6k today. Look how big is the difference since the market is starting to decline the prices at January this year.

[LeGaulois]

We need to forget the Q4 2017 period, let's say; it was an exceptional year, and we won't see the same anytime soon. We need to move on and to use Bitcoin as we were used to each of us, with our different purposes.
For sure it was not a favorable period for people who injected some money to speculate on Bitcoin. But perhaps it's finally a lesson to learn that Bitcoin isn't an investment but rather a currency. (with ups and downs)

[pixie85]

We need to forget the Q4 2017 period, let's say; it was an exceptional year, and we won't see the same anytime soon. We need to move on and to use Bitcoin as we were used to each of us, with our different purposes.
For sure it was not a favorable period for people who injected some money to speculate on Bitcoin. But perhaps it's finally a lesson to learn that Bitcoin isn't an investment but rather a currency. (with ups and downs)

We will see it. The bear market lasted for almost a year and it's about time it ended. In 2015 people were saying the same thing that you're saying now. They were tired and wanted to forget about January of 2014. That time was one of the best moments to buy Bitcoin. Think about it!

[cintamoni]

This year 2017 has not been favourable to those that buy bitcoin in 2017, ended and are still holding.  Bitcoin is in a state that we have not expect as many investors and speculators were saying bitcoin will get to over $50,000 this year.  We should still holding as selling below the amount we buy is selling out of pain and frustration.

Well unfortunately, those people have limited choices. By this time, those that probably got in because of hype had already sold their btcs and those remaining are set for the long haul. Disappointing of course, but you have to look way ahead if you don't want to lose.

I just appreciate those people who still hold their bitcoin. Its the time where we have to show highly patience and not to watch the price list.

[iMark]

This year 2017 has not been favourable to those that buy bitcoin in 2017, ended and are still holding.  Bitcoin is in a state that we have not expect as many investors and speculators were saying bitcoin will get to over $50,000 this year.  We should still holding as selling below the amount we buy is selling out of pain and frustration.

we have the same situation mate, frustrated? absolutely. because this year the price changes continue to weaken and there is no significant price improvement. sell now? it is certainly has been too late because the price has reached the bottom line. the last thing is to be patient and hold it

[El duderino_]

This year 2017 has not been favourable to those that buy bitcoin in 2017, ended and are still holding.  Bitcoin is in a state that we have not expect as many investors and speculators were saying bitcoin will get to over $50,000 this year.  We should still holding as selling below the amount we buy is selling out of pain and frustration.

yeah he's still HOLDING

[Cacingkemi]

Dont feel pain dude that not only you're the one who buys in 2017 and the hodl until now,we also still remain in this bleak period and buy or sell a little to grow value in the market and not only that BTC is a good asset, to hodl my brother also said that this long term investment will definitely get good results So don't give up.

[arnaudel98]

This year 2017 has not been favourable to those that buy bitcoin in 2017, ended and are still holding.  Bitcoin is in a state that we have not expect as many investors and speculators were saying bitcoin will get to over $50,000 this year.  We should still holding as selling below the amount we buy is selling out of pain and frustration.

Well unfortunately, those people have limited choices. By this time, those that probably got in because of hype had already sold their btcs and those remaining are set for the long haul. Disappointing of course, but you have to look way ahead if you don't want to lose.

Its hard for those people who still holding the bitcoin and expecting good price . There should be reward for them who show that penitence. A wait of year is everything for them.