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Author Topic: Pity for those who bought at ATH  (Read 867 times)
Cyptobonds1
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December 07, 2018, 03:30:11 PM
 #21

And what else do you think we have for them than to tell them to take hearth and never stop what they believe in in other for them not to get lost in 100% so they have to keep investigating till they achieve their aim and that's if crypto still lives.

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GunsLair
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December 07, 2018, 03:57:52 PM
 #22

Of course, I sympathize with these guys and I think it's not funny. But I don't agree with the opinion that the market is dead. If every time would appear such thoughts, when the price of bitcoin, eth, and other decreased, then we didn't have now such a powerful crypto-community.
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December 07, 2018, 04:08:24 PM
 #23

And what else do you think we have for them than to tell them to take hearth and never stop what they believe in in other for them not to get lost in 100% so they have to keep investigating till they achieve their aim and that's if crypto still lives.
Those were buying at ATH didn't have any knowledge about crypto and they were thinking if the crypto currency has sustainable development but they have been ignoring any awareness about the market. the whales have eat em all.

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December 07, 2018, 04:09:53 PM
 #24

The crypto world at the moment is one filled with so many levels of emotion and reactions to varying degrees of loses experienced by people. While some people are sobbing about their little loses, we should also reflect on the fact there are people who bought BTC @ $20K, Ripple @ $3, ADA @ $1.22, etc. Most of these guys are still hodling, hoping the market will bounce back and they'll recoup their loses.

This guys invested out of FOMO, starting middle of December last year, prices began to fall gradually and it lasted until today. Most people had lost most of their money. It's best if they have hold what they have bought since it's not ideal to sell now. You never incur loss if you haven't sold yet.
magicrypto
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December 07, 2018, 04:47:39 PM
 #25

I feel sorry too for those people, but the first investment rule sad that you should invest as much as you can loose and dont feel bad about that. But many people invest in crypto for longterm, 3-5 years, so one year time interval doesnt mean anything for them.
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December 07, 2018, 04:48:07 PM
 #26

Some people because of their loses have left the crypto space. They cannot cope again. Despite that, some are still making their gains, so it is not at losing alone. I think cryptocurrency needs to be regulated. SEC and other regulatory bodies need to come in order to reduce the activities of scammers, because they are the main factors contributing to the fall of cryptocurrency.
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December 07, 2018, 04:56:24 PM
 #27

The crypto world at the moment is one filled with so many levels of emotion and reactions to varying degrees of loses experienced by people. While some people are sobbing about their little loses, we should also reflect on the fact there are people who bought BTC @ $20K, Ripple @ $3, ADA @ $1.22, etc. Most of these guys are still hodling, hoping the market will bounce back and they'll recoup their loses.
I certainly know a few people who still hold with 20,000 bitcoin , they are certainly very few remain , and of course they have nerves of iron , but of course someday the price will come down , but how much they'll have to wait it is difficult to call

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bigcash2011
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December 07, 2018, 06:54:23 PM
 #28

At all time high prices everyone was expecting the market to continue the bulls, there was huge fomo and hype that was driving the market but since the downtrend has started its continue to go down and down, most crypto investors are still holding for market to recover but no one knows when it will happen, personally i never expected this downtrend to go so deep, i know it is extremely discouraging for most of the investors but this is how crypto works now just wait for recovery.

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December 07, 2018, 07:01:44 PM
 #29

I think that those people, who entered this market for the first time and bought Bitcoin for 20,000$ and XRP for 3$ and Ethereum for 1000$, hoping to get quick money, are now in  disappointment. Many of them have sold their coins and may never return here again.

dipshits
no knowledge
bought all that glitters
it was not gold
no sympathy

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mustafayasinsenturk
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December 07, 2018, 07:04:05 PM
 #30

We're in a real sad situation for the ATH. Nobody predicted that prices would drop this level.
four3200
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December 07, 2018, 07:17:58 PM
 #31

We're in a real sad situation for the ATH. Nobody predicted that prices would drop this level.

ATH was $1500?

No perspective.

Big strong $$$ hands over pumped and fools followed in.

No one checked under the BTC hood.

bsv bchabc-jesus.

Why do LTC, XMR, etc exist as counter parties?

What is the underlining economics?

Deal with it FOMO crowd gets gutted.

Play the long game, check AUX pow.

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btcjocan
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December 07, 2018, 09:11:24 PM
 #32

The crypto world at the moment is one filled with so many levels of emotion and reactions to varying degrees of loses experienced by people. While some people are sobbing about their little loses, we should also reflect on the fact there are people who bought BTC @ $20K, Ripple @ $3, ADA @ $1.22, etc. Most of these guys are still hodling, hoping the market will bounce back and they'll recoup their loses.
I totally agree with you mate,i also think on their position if im the one who have bought bitcoin on its ATH.At this time they must stay strong because selling is not an option to recover the losses but i still respect their decision on what to do with their investments.
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December 07, 2018, 09:26:29 PM
 #33

And unfortunately, there are many such people. My friend though bought and not at the peak, but for example Ethereum bought for $ 900 and he realized what a mistake he made. I think he will never invest in cryptocurrencies again.
edmundo
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December 07, 2018, 09:35:31 PM
Last edit: December 08, 2018, 05:03:40 PM by edmundo
 #34

Honestly, it isn't a good feeling. I can only imagine those who bought bitcoin at the $20k Mark seeing how it has fallen to $3k. it could be really frustrating but the beautiful thing in this industry is that, you are never in loss until you decide to sell your assets at a loss. There is a huge chance that bitcoin could start another massive upward trend ensuring that all those who still hold their coins regain their value.
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December 07, 2018, 09:45:08 PM
 #35

Of course, I sympathize with these guys and I think it's not funny. But I don't agree with the opinion that the market is dead. If every time would appear such thoughts, when the price of bitcoin, eth, and other decreased, then we didn't have now such a powerful crypto-community.

I like to trade in the crypto market. And for this the situation on the market is best when prices are either stagnant or fall a little in price. Of course, there is too much of a fall now, but I think everything will be fine.

isen
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December 07, 2018, 10:05:04 PM
 #36

Many have fallen into this trap, I am sure that they now think that it will not happen again, but the crypto market is able to surprise and we can easily step on the same rake again if the situation demands it. Be vigilant and never forget the experience learned from mistakes.
Astermony
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December 07, 2018, 10:08:24 PM
 #37

The crypto world at the moment is one filled with so many levels of emotion and reactions to varying degrees of loses experienced by people. While some people are sobbing about their little loses, we should also reflect on the fact there are people who bought BTC @ $20K, Ripple @ $3, ADA @ $1.22, etc. Most of these guys are still hodling, hoping the market will bounce back and they'll recoup their loses.
I believe that for those who buy at the peak of crypto value had no longer holding their coins at this moment because they didn't want that their investment will fall into nothing but I don't think that there are doing this creepy idea.
Clavulanic
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December 07, 2018, 10:31:51 PM
 #38

The crypto world at the moment is one filled with so many levels of emotion and reactions to varying degrees of loses experienced by people. While some people are sobbing about their little loses, we should also reflect on the fact there are people who bought BTC @ $20K, Ripple @ $3, ADA @ $1.22, etc. Most of these guys are still hodling, hoping the market will bounce back and they'll recoup their loses.
If there are people that until now holding their keeps even though acquiring it at the height of the price, I think your not a tricky person because you allow your investment in losing without doing something to fix the situation.

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Aleh777
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December 07, 2018, 10:42:32 PM
 #39

The crypto world at the moment is one filled with so many levels of emotion and reactions to varying degrees of loses experienced by people. While some people are sobbing about their little loses, we should also reflect on the fact there are people who bought BTC @ $20K, Ripple @ $3, ADA @ $1.22, etc. Most of these guys are still hodling, hoping the market will bounce back and they'll recoup their loses.
There is nothing they can do for now but hold on to their portfolio because if they are going to sell that then that's the end of it, they lose. They could accumulate as much crypto to somehow offset the dipping value by trading but with this kind of market it is not so easy by an average individual to succeed in the field of trading.
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December 07, 2018, 10:43:47 PM
 #40

Yes, these people are the hardest to experience this decline in prices. But it will be good for those who do not give up. We must learn how to make in bear market, then you will always be in the black.
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