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

[crzy]

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?

Hold and move on, if its bitcoin don’t lose hope but if its a shitcoin i can say its hard to decide. All time high is not a good time to invest, this is the reason why we should take care investing during the bull trend. Learn how to trade and you can see your time to buy.

[jakelyson]

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?

So you are holding until the price returns to the previous ATH? I say hold more until you at least have a 20% profit. You waited 2 years already, another year or two won't hurt.

But my advice to you:
Buy more right now while the price is still down. This will give you a good price for your average cost in your investments. This means you do not have to wait for the price to reach the previous ATH to realize a profit. If you buy at the current price, you only need to wait until the price to reach 12500 to be breakeven.

[Magkirap]

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?

Well a lot of us feel doubt whether to sell or hold but as of now I keep on holding it since I believe that the market will recover soon, most of us are still expecting because it will take a lot of time but if you have a specific goal then you will wait patiently even if it is risky since I know that it is worth it at the end. Aside from that in this kind of situation it is better to hold than to sell because you don't know if there is an opportunity that is waiting for you and we don't want to miss the chance that's why waiting and risking is better than regretting well we can't actually blame people who loves to hold their bitcoin they just want to avoid losing money because some of us had some experience like this and we don't want it to happen again that's why holding it is one of the key to avoid doing the same mistake.

[qwertyup23]

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 were in your shoes, I would consider selling at least 50% of the coins and let the other half sit and collect dust until I regain its value. I mean let's face it, purchasing bitcoins on its all time glory is suicide for your investments especially if you are considering short-term investments. The other half, I would develop a strategy wherein I would utilize them for day-trading for accumulation of small profit margins.

I bought dome amount of hundred dollars in the end of 2017 and I lose more money on that year.  But I confident the value of the bitcoin will rise so I decided to hold and keep until my capital back and if see the movement will hitted very high more for dure I hold it more years again.

The potential of bitcoin is otherworldly, meaning there is always that opportunity that it might break the all time high somewhere in the future. But that would be the problem as we cannot predict accurately when that specific timeframe would come. Regardless, learn from that experience and develop a plan where you could regain the value of your loss.

[Farma]

seeing the situation might be very good. when the money we invest returns, I think that can make people feel good. but, most people use money specifically for investment. if you really have believed in this development, I think holding back longer will be a pretty good thing. but, if you don't want to lose it, selling it will also be the right choice.

[rachellee]

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 will definitely sell to be safe and to get what I invested back. Whether it goes up or down, at least I'm not at loss 'coz I've already retrieve my investment. It's better to play safe than to be greedy and feel sorry again. Remember that you've had enough loss (time, energy, possible profit had you invested it in a more feasible investment) waiting for your investment back. Now, if you are not confident about your decision, study the movement of the market closely if it'll continue its pump pattern. But though it continues, surely there be a pullback, though small. Wait for it, then buy some.

[XCANA]

Good question with a very short answer. Although i bought after the All Time High(ATH), and sold them out during a rise in January, 2018 which make me loose some amount but still appreciate the price. Those who bought during the ATH should simply hodl or stand the chances of loosing their investment. Waiting for the market to start, will be a better option for these categories.

[enhu]

Good question with a very short answer. Although i bought after the All Time High(ATH), and sold them out during a rise in January, 2018 which make me loose some amount but still appreciate the price. Those who bought during the ATH should simply hodl or stand the chances of loosing their investment. Waiting for the market to start, will be a better option for these categories.

You would have regret it if you didn't sell. I didn't bought at the ATH but its unfortunate that I didn't also sell since I was hoping the bear market will just slow down in several weeks but turned out it extended up to a year. I was able to sell few but still regret that I didn't sell it all. For a newbie though who doesn't even know where the market is going, he might just hold it and wait til the market reverse. If you didn't see it in the future like what google and facebook did before the dumps happen then holding might just be the worse thing to do.

[ryzaadit]

Simple, try other money by finding a job. Then try to learn at past what the reason you get lose by investing at the cryptocurrency, after that find your own method to investing and make your self more better than before.

[markstivn98]

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 did not know bitcoin before the 2017 and I was not the lucky one who bought it when the price was low. But now if the price of bitcoin is $ 3,000, it is a good time to buy because I do not think it will go down any more. When the price rises, sell

[klaaas]

Hodl !  Buying every month since then would had lower your average big and it is never to late to start with it
People that didnt sell at 1400 ath are rewarded in the end [now] fiat wise.

[Juggy777]

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?

Hey since you’re holding since 2017 I feel you’ll be better of selling your coins, and once you have used all you need you can come back and purchase them again. I feel people should understand that they may have goals in life which can only be achieved using money. Also in your case if you have sufficient money and do not need this money then you can continue to hold your coins, only you alone can decide what you wish to do with your coins.

[Harlot]

Even if you havebeen holding Bitcoin at a loss and you bought it on the top Bitcoin has given you a lot of opportunities to still profit from it all the way down to the 3,000$ level. Shorting BTC is the easiest way to profit from it and that involves you cutting you losses and buying it back again. Because really just by holding it at its current all time hogh is the worst thing you can do as you will just be waiting for the same price just to break even. If you have shorted BTC then maybe you have accumulated more of it by now.

[jems]

You are one of the great investors because you are still able to keep holding your coins to date (since 2017), I think you are one of them. Looking at it, I am sure that you have certain sales targets, so stay afloat with what you believe in and unless you have needed money suddenly for your daily life.

[alyssa85]

People need to brace themselves for a wall of selling once bitcoin breaches the all time high.

We saw the same pattern when the 2013/15 bear market ended. People who had held through the trough sold as soon as they had broken even, they were so relieved to get their money back. Of course that was the wrong thing to do, but the price being underwater for several years does strange things to the human psyche.

[shield132]

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?

Very, very curious. There is no doubt bitcoin will surpass current price and as you state, all time high means currently any price higher than 20K usd. So if you have plan it's even more curious, why the hell will you invest in bitcoin when price will exceed 20k? Any idea? If you are extremalist, then yeah, buy at 20K and plan how to avoid going bankrupt when price starts to fall.

[DAVETUN]

The only option is to keep waiting until the market recover, if you cannot have profit, you can be sue to have your investment  back, I feel it is still wise to invest now when the price is still low, before 2019/2020 bull run commence, don't give up even it seems you lost out in 2017.

[Yakamoto]

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?

Very, very curious. There is no doubt bitcoin will surpass current price and as you state, all time high means currently any price higher than 20K usd. So if you have plan it's even more curious, why the hell will you invest in bitcoin when price will exceed 20k? Any idea? If you are extremalist, then yeah, buy at 20K and plan how to avoid going bankrupt when price starts to fall.

A lot of people probably got in at 20k because they thought it was going to continue plowing upwards as it had done for the months leading up to the $20k spike. I know that there was a lot of buzz on social media where people had dumped a ton of money in at the ATH because they all thought that it was going to keep going higher, even in excess of $100k. That, and with all the bullcrap that was happening with Bitconnect, people probably felt like there was nothing that could go wrong. Then the market happened, and everything came tumbling down.

A lot of people that bought in that high up and still hold onto it are probably bag holders from a year ago, and now waiting on trying to recover their losses.

Ah well, that's what happens when people get involved in something too good to be true.

[Bagaji]

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?

Hold and move on, if its bitcoin don’t lose hope but if its a shitcoin i can say its hard to decide. All time high is not a good time to invest, this is the reason why we should take care investing during the bull trend. Learn how to trade and you can see your time to buy.

Frankly speaking,i will rather hold if i bought Bitcoin around ATH. Although many investors never appreciate the power of Hold but categorically, holding pays more than others strategies, so, hold for a long term will be the best of these group from 2017. Selling at this point; when the entire cryptocurrency market is yet to recover fully.

[rijaljun]

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?

Let me tell you that if you are looking for short-term profit then cut-loss is not always a bad thing. You can sell in loss and buy other potential coins to restore your fund. But, if you are not really looking for profit, then you can let it and try to forget your lose because no matter how long it will take, Bitcoin price will be back and there will be a new all-time high. This is what always be my plan. Enjoy!