What's your plan if you bought around all time high?

[anticonformist]

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself  What will you do when the market goes up and you get your money back. Sell or just keep holding?

[Bitinity]

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself  What will you do when the market goes up and you get your money back. Sell or just keep holding?

I'm not one of those who bought bitcoin at the end of 2017, but if I'm in your position so I will sell some of the bitcoin when the price goes up over the price when I bought it and keep some to hold.
What makes me curious is, did you buy some more bitcoin when it is down to around $3,500-$4,000 or you just did nothing when it was down and stable on that price range?

[antisocial77]

im the same dude.i had zero experience that time so i bought some xrp some other and didnt sell any of them because twitter "phenomenons" told us dont sell it will go up soon lol.i read a lot since i entered the market and its kinda addiction now.so i dont think i can leave market forever..and after that long market i dont see any reason to leave.its our time to make some money when bull come.

[anticonformist]

i have no more spare money to buy more now. i just look at the price and wish i could have started this year lol

[crwth]

That's the problem with the investments just going in and not having a complete game plan. If you manage to lose at around 20% of your original investment, I usually sell it at a loss because I know that I cannot afford more than that and of course, our emotions get in the way. It's sad to experience losses, but you have to know that you should risk what you afford to lose. That's always the rule when it comes to investments, and everybody should follow that IMO.

[Haunebu]

Those investors most likely already sold their coins and quit the market and a small portion of them might still be HODLING their coins to sell once the price goes back above $20k sometime in the future.

Luckily, I sold a big portion of my coins and earned huge profits during that period which is why I am in a happy place.

[wumBowo]

i have no more spare money to buy more now. i just look at the price and wish i could have started this year lol

how many do you bought on that time? i had a chance to sell my btc back on 2017 but poor me keep HODL-ing (btw  and hope it will go further.
Shit happens whenever it keep found a new dip, i never try to sell it or exit the market instead. I keep HODL-ing and what makes it worst its not BTC that i had, its ALTS so it had bigger loss than it should be.
So it's like i start from the bottom again now but with different situation (it's actually easy to earn free money back when ICO is new and everywhere)

[mk4]

Why did you buy bitcoin in the first place? I assume, because you think bitcoin will rise higher than your buy price. If so, then be patient. If you don't have the patience, then sell your coins and spend your money somewhere else that you could use it more in a productive manner.

[Ailmand]

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself  What will you do when the market goes up and you get your money back. Sell or just keep holding?

If you don't need the money right away, do not sell what you have bought, wait for the dip and buy the dip. This could average down the cost of your investment. Remember, you are not losing any money not unless you have sold at a bad price, don't be fooled by the price you are seeing right now,be patient, buy the dip and hodl.

[carter34]

What will you do when the market goes up and you get your money back. Sell or just keep holding?

What I should do is to buy more bitcoin now that price is low (if I have the money), then as for when my old loss get recovered, I will sell those amount because I would have been on gain it the amount I bought cheaper - that is, my new investment.

[Golftech]

For traders like you who still holding your coins since the hyped happened, best to keep it as it is and wait, you already wait for such a long time so why bother to wait for some more, not unless you are willing to take the risk of regretting after the whole market bounce back and make a huge run, by reading the charts there's some good start from the industry, the market will recover and chances to go higher than the last High still possible.

[dothebeats]

The most obvious answer would probably just sell immediately and just forget about investing in bitcoin or any cryptocurrency at all. I don't think anyone in their sane mind who are stuck from the FOMO of the ATH would still think of profiting at this point. If anything, they'd just want to sell all and call it quits. I myself bought @ $6300, and I'm closer to that goal though I have already averaged down my buy to a good amount. I'm in the greens right now though if ever I bought during that insane overpriced point, I would have sold immediately and just call my losses and never look back.

[lyks15]

For me I will still keep my bitcoin. I am not greedy but why I will settle for less when I can have more? We do not have to rush as long as we are ready to and we accept the challenge of a long terms investment. But I can say that,this action is full of risk. So this kind of strategies is only applicable to the brave investors that wants to make them capital more fruitfull.

[bhabygrim]

Maybe if I invested in an all time high and it crash down so deep I would try to recover some by daily trading.
I would try to recover little by little instead of just waiting around besides I already lost too much I don't think it would matter anymore.

[alisafidel58]

It's hard to say because I'm not on your foot but I think that you should hold a little more until you can finally gain a profit that you like before selling it. After holding for so long it is best that you should profit from holding than to sell it right away just to recover your losses, eventually, you will profit you just need to hold a little more.

[Betwrong]

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself   What will you do when the market goes up and you get your money back. Sell or just keep holding?

It depends on the amount invested in BTC. If this amount is close to what you can afford to lose, then keep holding and wait until the price will be higher than that at which you bought. There are chances that we'll get there by December. But if you need the money for living right now, then sell little by little, once in a week, just to obtain the money you need, not more. Why not more? Because we can't know whether the price is going to be 50% higher that it is now in a week, and it's frustrating losing such a big percentage of your money.

[rahmatullah9305]

It's a difficult choice. Because the price is unpredictable.
A few hours ago the price of bitcoin exceeded its record.
And we don't know what will happen next.
But for now I will definitely maintain bitcoin, waiting for prices to rise again because the opportunity for bitcoin prices continues to increase.

[hugeblack]

As long as you do not sell at $ 3200 there is no reason to sell for $ 6000.
The investment you made did not affect your daily life because you ignored it and did not sell even when there were no hopes for profits so as long as you do not care about the loss, sell at the biggest gain or forget the money to be valued at the highest value.
Just Hodling

[jossiel]

You already felt on how was it to be in a loss. And what you must do is to start selling if you want to chase the capital to break even but if you don't need the money yet, you can hold and wait for further movement of the market.

Your life situation will tell you on what you must do. If you are in very tough situation and you need cash on hand then you have to start selling whenever the market goes on high.

[Script3d]

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself  What will you do when the market goes up and you get your money back. Sell or just keep holding?

if i have bitcoins bought at the all time high price i would keep holding until the price reaches a new all time high price, that way holding bitcoins for a long time will be paid, but it's hard to tell what price will be the new all time high, i guess i will sell it at profit so i wouldn't go home with a loss again.