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Author Topic: What's your plan if you bought around all time high?  (Read 3225 times)
Oceat
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April 23, 2019, 09:51:43 PM
 #61

I would rather hold it for more years if i could support myself alone with my money in a job, why not? It is considered as an investment but in a long-term, since i bought it during the ATH of Bitcoin. But if you do need the money and you got the price back, you should have sold it already and try to buyback again when the price is cheaper than the last price that you bought it.

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pushups44
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April 23, 2019, 10:05:24 PM
 #62

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

I'm underwater on some buys since I dollar-cost average but I think BTC is a good long-term buy as a store of value. So the market volatility is irrelevant in the grand scheme of things. If BTC eventually becomes a global reserve currency, it should easily blow past its all-time highs.
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April 23, 2019, 10:36:47 PM
 #63

Well to be sincere, I didnt buy when the bitcoin price was all time high, but then if I had bought and later bitcoin price grows to that height again, I will simply wait a little, then split my bitcoin into two, selling half and holding the rest. Just what i think for now though.
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April 23, 2019, 10:45:50 PM
 #64

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself  Sad What will you do when the market goes up and you get your money back. Sell or just keep holding?
People who buy Bitcoin in 2017 have indeed bought it at a high price range and they will definitely suffer losses when they sell it at this time. So all they need to do is wait, because I am very optimistic that prices will increase again. At least it can reduce the risk of large losses. When Bitcoin can reach a high price in 2017, it can also be done in the future.
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April 23, 2019, 10:55:04 PM
 #65

Very few users go out of patience and sell experiencing a big loss on the investment. When it comes to bitcoin the risk always gets to go along, majority keep hold and some make use into trading so that at least some small earnings could be made. If I've made an investment by the ath I would surely consider holding and trading with the respective investment.

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minersday
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April 23, 2019, 11:04:41 PM
 #66

I didn't invest in Bitcoin when its price was around $20k or $17k but from the information I have gained throughout 2018 and 2019, investors who still had their Bitcoin when the price dropped from $20k to about $10k decided to invest in altcoins. This switch helped a good number of investors to obtain about 70% of their initial lost. But some sold their Bitcoin at the dip just to avoid losing all the capital invested into Bitcoin. Currently, I have observed that people who lost their money in Bitcoin are now back investing into Bitcoin again with the hope of gaining their lost back
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April 23, 2019, 11:21:55 PM
 #67

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself  Sad What will you do when the market goes up and you get your money back. Sell or just keep holding?
I'll take my profit first and the rest I'll keep on my wallet. Yeah it's horrible when someone bought bitcoin on ATH 2017 ago. And I can feel too, but I didn't bought bitcoin but I bought ETH and Tron at that time. I bought when ETH price $1200 and you can compare with the current price and imagine how I felt the loss it is. However, this is that I shouldn't feel a regret I should have a lot of motivation to pass it and I should have a lot of patience to face it and I can do it so far.
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April 23, 2019, 11:30:11 PM
 #68

I didn't invest in Bitcoin when its price was around $20k or $17k but from the information I have gained throughout 2018 and 2019, investors who still had their Bitcoin when the price dropped from $20k to about $10k decided to invest in altcoins. This switch helped a good number of investors to obtain about 70% of their initial lost. But some sold their Bitcoin at the dip just to avoid losing all the capital invested into Bitcoin. Currently, I have observed that people who lost their money in Bitcoin are now back investing into Bitcoin again with the hope of gaining their lost back
I never brought when the market was at ATH either but if such occasion occur the best thing I can do is to hold till it Bitcoin halving bullish market.
With that been said, only and inexperience trader will brought Bitcoin during the all time high not to mention selling at loss price or switch their holding to altcoin which are highly manipulated, usually follow Bitcoin trend when the market is in bullish state.

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April 23, 2019, 11:32:34 PM
 #69

Very few users go out of patience and sell experiencing a big loss on the investment. When it comes to bitcoin the risk always gets to go along, majority keep hold and some make use into trading so that at least some small earnings could be made. If I've made an investment by the ath I would surely consider holding and trading with the respective investment.
You can still sell some of your coins to make profits atleast and then continue holding the rest of your coins because i believe what we are experiencing today is that the market will surely keep on pumping until it reaches another ATH.We should always think positively because it will somehow attract positive vibes though.

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April 24, 2019, 05:29:25 AM
 #70

I think I would just hold the half and make some profit from the other half by trading.
We could recover our money if we do it right don't fall for the trap make sure to invest in the right alt-coin so your money wouldn't get way deeper than it is right now.

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April 24, 2019, 07:01:25 AM
 #71

You are not the only one who was stucked and bought btc and some coins at a high price. Sometimes I do regret selling them when it recovered 50% then buy it today to at least get back what i lose but I did not do that and i prefered to HOLD. Keep on holding even if it takes years. It is the safest way to do.
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April 24, 2019, 07:19:32 AM
 #72

If you know how to trade then try trading the half of it by buying some strong altcoins. You will missed a lot of opportunities if you only hodl your entire amount of bitcoin for another bullrun or all-time high. Although it is known to be risky, trading gives you opportunity to earn what you have failed to earn when you bought your during its all-time high. That is also my plan because nobody know when will bitcoin repeat and surpass its ATH last December 2017.
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April 24, 2019, 07:28:26 AM
 #73

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself  Sad What will you do when the market goes up and you get your money back. Sell or just keep holding?
That is the reality of crypto investment. Sometime we earn,sometimes we lose. Even though i didn't bought btc during end of 2017 ,i know if i was in that position maybe i will keep holding my btc and wait until market recover again as high as i bought it.

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April 24, 2019, 07:47:57 AM
 #74

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


The correct word to use is IF, not WHEN. I got some on the rise, it was looking good, but then... pop*. Was listening too much to the hype. Glad I only put in a few hundred dollars worth. So, to answer the question: IF Bitcoin reaches the bubble burst price point and keeps going, or even if it reaches to a point where I'd be making a profit, I may consider cashing out at a point where I'd be making up my investment + some profit, and leave the rest in for speculative purposes, cashing out at appropriate intervals. And as profits would be pulled out: tithe, charity, and invest in something probably other than Bitcoin (maybe some in BTC, depends on how it looks).


Have a great day,
The Cyberius team.

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April 24, 2019, 08:03:34 AM
 #75

of course I don't want to lose, at the end of 2017, the BTC peak reached $ 20K. if you sell now. then you are stupid, and that is a very bad choice.

open your eyes and you should see the market. and now, traders are more focused on the BTC market. BTC continues to create bullish markets slowly. but I am sure that holding is a good decision.

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April 24, 2019, 09:42:49 AM
 #76

I agree.  Now is not the time for dropping bitcoins.  Because most likely there will be growth.  Which is worth the wait.  Bitcoin fluctuates just at this time and soon everything should get better.

 
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April 24, 2019, 09:52:10 AM
 #77

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

I don't know because i didn't bought when it was on the top..

in fact:
check the Bitcoin price graph:
Bitcoin always recovered

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April 24, 2019, 09:53:47 AM
 #78

~
What you need to know that every new ATH is bigger than the previous one, and my advice is to wait in case you do not need money. Last ATH is result of 20x increase in price, and if next can be at least 10x from current price you can double your investment Wink

I pretty much agree with this statement. Indeed during its whole history Bitcoin always surpassed previous ATHs, and there are no reasons to think that it will not happen again. IMO we are still far from the point when it would be right to say that Bitcoin can't go higher. I would agree if some one said that when BTC was $300k, but not lower than that.

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PointHope
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April 24, 2019, 10:23:55 AM
 #79

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

Yeah I bought some BTC when the price was $9300.00

In 5-10 years the price will be between 1-100 million depending on technologies and adoption.

Bitcoin is a long term security and investment IMHO.
moha sasa
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April 24, 2019, 10:41:31 AM
 #80

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

- Selling them at %50 loss.
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