My Bitcoin experience in 2019

[peter0425]

The current state of Bitcoin ain't stablized. I don't know the reason of it growing since few days. I guess its gonna hit 8k by this week if the value keeps on increasing in similar pattern.

the thread is about your Experience in Bitcoin and not what is Bitcoin situation now,this is your first post so you must learn how to read Topic and not just posting with Off topics.

changes to digital assets are always there. I personally have a little bitcoin that I bought in 2017. when prices are high. but I'm surprised in 2018 that assets will be reduced by more than half. almost gave up. but the journey of bitcoin is still long. so I keep holding. some altcoin like useless. but I believe in 2020-2021 things will change. Let's see. it will provide a greater profit.

so you are also one of those who has trapped from 2017 hype?well if you sell the bitcoin in 2018 when the price is still 5 digits?for sure you are not in waiting long here,because in december 2018 the price falls 3k$  favorable to those seeking for Holdings.

[Edraket31]

changes to digital assets are always there. I personally have a little bitcoin that I bought in 2017. when prices are high. but I'm surprised in 2018 that assets will be reduced by more than half. almost gave up. but the journey of bitcoin is still long. so I keep holding. some altcoin like useless. but I believe in 2020-2021 things will change. Let's see. it will provide a greater profit.

I am also quite sure that in 2020-2021 there will be many changes in prices, because in 2018-2019 bitcoin price movements will deteriorate. but I passed the year pretty well too, because I managed to survive in such conditions. maybe in 2019 there will not be much benefit and I hope that in 2020 conditions will change gradually.

That's for sure and as we can see today that their is movement in the price which we are unsure yet what is happening, isn't because of the history that every year if you bought at January and sell it every December you will gain more profit. Maybe there's a point like that, or because this is for the preparation of the people for the upcoming halving.

[drachman]

changes to digital assets are always there. I personally have a little bitcoin that I bought in 2017. when prices are high. but I'm surprised in 2018 that assets will be reduced by more than half. almost gave up. but the journey of bitcoin is still long. so I keep holding. some altcoin like useless. but I believe in 2020-2021 things will change. Let's see. it will provide a greater profit.

You already did the most difficult thing, you were capable of holding your coins during the huge crash that we saw in 2017, it will be a huge mistake to give up now when it is entirely possible that we are going to see a bull market during this year or during the next year, I know that it is going to be very difficult to hold your coins for two more years but if you want to obtain profits then that is something that you must do, just try to make sure to sell your coins for the best possible price so this doesn't happen to you again.

[Polar91]

I am also quite sure that in 2020-2021 there will be many changes in prices, because in 2018-2019 bitcoin price movements will deteriorate. but I passed the year pretty well too, because I managed to survive in such conditions. maybe in 2019 there will not be much benefit and I hope that in 2020 conditions will change gradually.

Definitely, because the bitcoin halving alone could possible drive the price of bitcoin to increase way up higher than before, and we all know that it is evident that when bitcoin's market price increases, the same goes to altcoins. So, to create a clear speculation of what price could we achieve for 2020, I highly believe it would be higher than before's All time low. Because for me, the improvement of the market will not be seen through how much its market price is, but how high the lowest market price it could reach in a year.

[nickenburg]

2019 was a pretty strange year we maybe saw the bottom around 3k and also a rise to above 10000$ again.
I am wondering if it still could test the bottom again, or that we are finally looking up again.
With the halving comming everyone seems to think we are past that point and that we are going to see new all time high's very soon.
I am still doubting about that, the halving is comming and that will definitely influence the price, I guess we will see what happens in the next 2 years.

[coin-investor]

Hey I'm back. haven't been on the forum for 1.5 yrs. Been on Twitter. But yeh 2019 was a good year for me in crypto.  1. I had too much in alt coins ,tron, and didn't gain much of it. My stack went all the way up. From btc. Then I saw my stack crashed down lol. It was amazing. But yeh still got a chunk back from hodling in 2017. I have been buying the whole year from 11k down. Little by little. I stayed for the 2020, 100k price well that didn't happen. Let's see the halvening now. Also stayed for the 1 million price prediction. I feel stocks is running n gunning at a good pace. But I'm still stacking satoshis.

You're really motivated to stock up, 2019 and before has been a roller coaster ride for all of us here, I also have the same experienced but there were a lot of lows than highs in the past two years, I'm still hoping that 2020 is a recovery year and so far that's what happens, but we are still 11 months in this year, so expect the unexpected I can only buy more and stock and hope we did the right thing.

[Twentyonepaylots]

Hey I'm back. haven't been on the forum for 1.5 yrs. Been on Twitter. But yeh 2019 was a good year for me in crypto.  1. I had too much in alt coins ,tron, and didn't gain much of it. My stack went all the way up. From btc. Then I saw my stack crashed down lol. It was amazing. But yeh still got a chunk back from hodling in 2017. I have been buying the whole year from 11k down. Little by little. I stayed for the 2020, 100k price well that didn't happen. Let's see the halvening now. Also stayed for the 1 million price prediction. I feel stocks is running n gunning at a good pace. But I'm still stacking satoshis.

Good prediction I must say but I would honestly prefer a slow yet steady growth on bitcoin's price rather an a bubble like what happened on 2017, it enticed a lot of people but had caused big dips right after that made it hard for bitcoin to recover. I'd say bitcoin might reach 25k to 50k this year but I won't hope much.

[Pamadar]

Welcome back and belated happy new year, OP.
There were quite a lot of things that happened in crypto especially for Bitcoin.
For the price, it is just "meh" but we're actually getting bull runs lately so I suggest you to stay and just keep hodling as you stack satoshis.

Keep accumulating as long as you are capable to buy those cheap coins around. We don't know what is the next directions we are all
hopeful that the market will bring much better run than last 2019. Experience wise best to wait and hold for more advantage when
the market start to pumped up.

[sovie]

2019 Bitcoin opened with 3500$, peaked at 13419$ and closed at 7200$. CoinMarketCap
These stats speaks about themselves. Those who bought bitcoin at dip had an awesome 2019. While those who stayed away from bitcoin when it was available at discounted price spend there year coursing the bear market.

[Aikidoka]

2019 Bitcoin opened with 3500$, peaked at 13419$ and closed at 7200$. CoinMarketCap
These stats speaks about themselves. Those who bought bitcoin at dip had an awesome 2019. While those who stayed away from bitcoin when it was available at discounted price spend there year coursing the bear market.

Yeah, that wasn't a bad year from bitcoin at all. I mean the lowest price of bitcoin was 3500$ and the highest is 13.5k$ which it's like around 4 times of the lowest price in that year, so people who invested in bitcoin at the right time they'll find themselves getting a profit from this increase. It was really a good year for bitcoin but well are hoping for a huge increase of bitcoin's price in 2020.

[drachman]

2019 was a pretty strange year we maybe saw the bottom around 3k and also a rise to above 10000$ again.
I am wondering if it still could test the bottom again, or that we are finally looking up again.
With the halving comming everyone seems to think we are past that point and that we are going to see new all time high's very soon.
I am still doubting about that, the halving is comming and that will definitely influence the price, I guess we will see what happens in the next 2 years.

Right now we are in a point in which it is very difficult to predict what bitcoin will do because it can take almost any direction, it is obvious that with the recent growth that we are experimenting people are very positive about the next movement of bitcoin but I'm not so sure, as you say it could still go down again because we still have several months left before we see the halving so all of that enthusiasm is bound to calm down and when that happens the price will go down as well.

[Eugenar]

Right now we are in a point in which it is very difficult to predict what bitcoin will do because it can take almost any direction, it is obvious that with the recent growth that we are experimenting people are very positive about the next movement of bitcoin but I'm not so sure, as you say it could still go down again because we still have several months left before we see the halving so all of that enthusiasm is bound to calm down and when that happens the price will go down as well.

I'm pretty sure that with the long time frame still have in bitcoin market before the halving, there is still a thought in most of our mind to expect that most people will probably sell their holdings and get the profit for the last 2or three times. Then followed by a market correct tion that will prepare each and everyone of us to buy the largest volume we could. With this, if ee plan to hodl bitcoin for longer time, we might miss the profits we should have even before the halving starts.

[OrangeII]

2019 Bitcoin opened with 3500$, peaked at 13419$ and closed at 7200$. CoinMarketCap
These stats speaks about themselves. Those who bought bitcoin at dip had an awesome 2019. While those who stayed away from bitcoin when it was available at discounted price spend there year coursing the bear market.

Seeing this, I think that the price of bitcoin in 2020 starts with $ 7000, and maybe the highest price can exceed 2019, and at the end of the year the price can stabilize at $ 14k. yeah, this is based on experience. however, there will be a month among the 12 months that has the highest price for bitcoin.

[slaman29]

I'm pretty sure that with the long time frame still have in bitcoin market before the halving, there is still a thought in most of our mind to expect that most people will probably sell their holdings and get the profit for the last 2or three times. Then followed by a market correct tion that will prepare each and everyone of us to buy the largest volume we could. With this, if ee plan to hodl bitcoin for longer time, we might miss the profits we should have even before the halving starts.

Yeah, actually you can see it already in many exchanges. A lot of sell orders around this range, so people are basically thinking the price will retreat. Which of course it will given how quickly it rose in this time frame. But the buyers also seem to be willing to get a bit more aggressive in this new year and they will probably have enough steam to last all the way til May.

[Reatim]

Hey I'm back. haven't been on the forum for 1.5 yrs. Been on Twitter. But yeh 2019 was a good year for me in crypto.  1. I had too much in alt coins ,tron, and didn't gain much of it. My stack went all the way up. From btc. Then I saw my stack crashed down lol. It was amazing. But yeh still got a chunk back from hodling in 2017. I have been buying the whole year from 11k down. Little by little. I stayed for the 2020, 100k price well that didn't happen. Let's see the halvening now. Also stayed for the 1 million price prediction. I feel stocks is running n gunning at a good pace. But I'm still stacking satoshis.

if you are checking the value of your crypto assets from time to time then this may result to be in panicked,because it seems that you are not a  DayTrader right?

if you are really believing in Crypto ,then better keep the track at least some times,and if you really afford to lose just to Hold?then forget about invesment for months because like what you have said halving is near so just look again after May or by Ber monts come.

[Mr Zet]

Right now we are in a point in which it is very difficult to predict what bitcoin will do because it can take almost any direction, it is obvious that with the recent growth that we are experimenting people are very positive about the next movement of bitcoin but I'm not so sure, as you say it could still go down again because we still have several months left before we see the halving so all of that enthusiasm is bound to calm down and when that happens the price will go down as well.

Yes, I totally agree, it's hard to predict anything right now. But I'm pretty sure that this year will be better for bitcoin than 2019... I hope so because I hold mine coins. In reference to 2019 bitcoin's experience, I've read great article with a little "summary" of bitcoin's situation in 2019, here it is:https://buycoinnow.com/blog/bitcoins-situation-in-2019

[zeingrind777]

but I'd personally prefer a slooow but steady uptrend as time goes, rather than a huge ass bubbly price spike. Remember what happened after the peak of December 2017? Yea, I wouldn't want that.

The end of 2017 is indeed the biggest bubble in the history of bitcoin and it's very annoying, so our government has to make rules and policies for bitcoin holders. I don't want that to happen again.

[smyslov]

but I'd personally prefer a slooow but steady uptrend as time goes, rather than a huge ass bubbly price spike. Remember what happened after the peak of December 2017? Yea, I wouldn't want that.

The end of 2017 is indeed the biggest bubble in the history of bitcoin and it's very annoying, so our government has to make rules and policies for bitcoin holders. I don't want that to happen again.

I don't think it's a bubble, we will eventually reach another milestone, it's more like a correction, the market is maturing at that time, it's not only Bitcoin but even shitcoins get a huge pump at that time, but now that everything has settled down, there is still a chance for another all time high, but it will be slow and steady one.

[mdzahed134]

changes to digital assets are always there. I personally have a little bitcoin that I bought in 2017. when prices are high. but I'm surprised in 2018 that assets will be reduced by more than half. almost gave up. but the journey of bitcoin is still long. so I keep holding. some altcoin like useless. but I believe in 2020-2021 things will change. Let's see. it will provide a greater profit.

I am also quite sure that in 2020-2021 there will be many changes in prices, because in 2018-2019 bitcoin price movements will deteriorate. but I passed the year pretty well too, because I managed to survive in such conditions. maybe in 2019 there will not be much benefit and I hope that in 2020 conditions will change gradually.

Absolutely true even in this year very early stage market already going increasing gradually specially BTC if we looking BTC movement. Even i think in this year will be happen bitcoin halving so overall i think must be big changed in cryptocurrency market in 2020. But in 2019 wasn’t good experience for all of the crypto lover because entire of the market was bearish. Now we hope that bull run will come in this year.                 

[Linkkoin]

The end of 2017 is indeed the biggest bubble in the history of bitcoin and it's very annoying, so our government has to make rules and policies for bitcoin holders.

The only thing which needs to be addressed regarding Bitcoin (and other cryptocurrencies) would be a ban for pump and dump schemes (like the one existing on the stock market for years by now). But this still would require a KYC for all the wallet owners...