Who bought Bitcoin in late 2017? Still recovering or fully recovered?

[psjin128]

Well i am in the same boat.

Just out of curiosity, is there any still recovering from the deadly bitcoin price in late 2017?

or fully recovered and seeing profit? or Sold away at that moment or later?

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[Wysi]

Sad, I understand what you might be going through but yes there is always a scope of improvement and since you have already waited for such a long time of almost 2 years I would request you to wait till halving as there are possibilities of further improvement and meanwhile you could do daily trading in order to partially recover the loss which has been incurred in case if you are good at trading.

[mk4]

You meant in late 2017 specifically right? Well, a certain person bought at the peak or somewhere near it, chances are, that person hasn't made the money back, especially if the money is invested in most altcoins.

The good news though, is that if you just bought solely bitcoin, there's a significantly higher likeliness that you're going to make your money back(compared to when holding alts), or even be in the high positives sometime in the future. You just need to hold it long enough. If you bought somewhere near the exact peak of $19,700, you'd only be down like 77% right now. Whereas when you bought most alts, there's a good chance you're down 95%+.

[d.kevin29]

The only way you can consider it a profit is if you bought $100 worth of BTC at $20k in 2017 and then bought $900 more worth of BTC when the price was hovering around $4k. That way, you'd have an average price you bought at way lower than $20k & under $8k too, so you're basically on profit overall. The 80% loss of a $100 investment falling from $20k to $4k could have been recovered through the 115% profit of a $900 investment with the price more than doubling from $4k to $8,6k.

If you buy something at an ATH, there's no way you can otherwise be on profit if you just held your funds and did nothing to recover what you lost.

[buwaytress]

I did... but just to clarify, I don't actually buy bitcoin -- I just request all payments in bitcoin (I'm a freelancer basically). And while I initially tried to lump invoices together in my early days of doing that (this was in 2016) as prices started running up in 2017, I began invoicing as normal, plus anyway it's just better management of finances, with regular bills.

My point is I effectively got my bitcoin regularly, at whatever price it was selling for. And as many will attest, cost averaged buys puts you on top most of the time. Sure, I'm at a loss for the coins I got in 2017, but all in all, I'm still on top and will slowly be even more on top as the years pass.

[MURONDI]

in my opinion who bought bitcoin in 2017 is still losing money, especially those who buy altcoin, I was also among those who held Altcoin and didn't sell it at that time, and until now most of the altoin has become worthless and has become a junk coin, my estimated total value of altcoin was $ 50000 at the time, now the value is only around $ 500, there seems to be no hope of recovering its value.

[michellee]

I guess some of them still hold bitcoin that they bought in 2017, and I feel that they are desperate to hold their bitcoin. They still lose the money because bitcoin does not even reach $10k, and that makes them wait for more. But some others already cut-loss their bitcoin, but we don't know in what price they sell their bitcoin. They are a holder that still feels pain by holding the bitcoin, but they still believe in bitcoin that the price can increase higher. We can hope that they can recover their losses and make a profit again.

[bitcampaign]

Well i am in the same boat.

Just out of curiosity, is there any still recovering from the deadly bitcoin price in late 2017?

or fully recovered and seeing profit? or Sold away at that moment or later?

it's not fully recovered, but if you take advantage of the moment last year around June when the price of bitcoin rises around $ 13k you can sell it and buy it back when it's cheap at the end of 2019 around $ 6500, and you are ready to sail now for the next 2 years I think it will make you more profit if there is another increase touching $ 20k, try to follow some experts in their analysis so you can get a moment like this

[jakelyson]

Just out of curiosity, is there any still recovering from the deadly bitcoin price in late 2017?

or fully recovered and seeing profit? or Sold away at that moment or later?

Sadly, I am still trying to recover from the loss I incur last 2017. I am mostly an hodler so there is not much I can do. I hope I can recover my losses when the bull run hits this year or next year.

I am earning some bitcoin which I add to the account I am hodling. This is the way I can cope up with the losses I had.

[gabmen]

Well I'd be that most of those that bought in during btc's peak sold out at a major loss the next year lol. Probably when the price went below 10k there are few who are still holding strong. It's natural. Imagine buying in at let's say 15 or 16k, and then seeing your funds dwindle down to more than 60 percent less. Panic is a natural reaction and most of those that got in the hype aren't prepared for something like that to happen.

[Darooghe]

Well i am in the same boat.
Just out of curiosity, is there any still recovering from the deadly bitcoin price in late 2017?
or fully recovered and seeing profit? or Sold away at that moment or later?

I think everyone has a "Sad bitcoin story", I mean everyone even people who hold a lot of it cheap moan about how they should have bought more earlier. Everyone wishes they had bought at the early pump and dump cycle. Well here's the thing, in 2-3 years everyone who doesn't buy bitcoin now will be staring at coinmarketcap with an another sad story of their very own about how they should have bought in early 2020. I am still in a little profit, but i am sure, if I HODL longer, I will ended up with Lambo.

[bitbunnny]

You meant in late 2017 specifically right? Well, a certain person bought at the peak or somewhere near it, chances are, that person hasn't made the money back, especially if the money is invested in most altcoins.

The good news though, is that if you just bought solely bitcoin, there's a significantly higher likeliness that you're going to make your money back(compared to when holding alts), or even be in the high positives sometime in the future. You just need to hold it long enough. If you bought somewhere near the exact peak of $19,700, you'd only be down like 77% right now. Whereas when you bought most alts, there's a good chance you're down 95%+.

Here we come to one very important characteristic that every Bitcoin use should have and that is patience. No one who bought Bitcoin in late 2017 hasn't recovered loss yet and no one can't actually guarantee that they ever will. So it's up to their assesment how long can they hold and how much loss they can accept and handle to just get over it.

[secone]

Well i am in the same boat.

Just out of curiosity, is there any still recovering from the deadly bitcoin price in late 2017?

or fully recovered and seeing profit? or Sold away at that moment or later?

if you buy bitcoin in 2017 and still holding right now, don't sell it ( if you are not in a hurry) , wait it the price will be rise again not like many other altcoin, bitcoin is the first crypto, if we see last halving price, the next halving must be minimum $12.000. just research it, every halving bitcoin price will twice or triple if we compare with the previous halving. so keep calm, holding and waiting the profit.-

[Free1bitco.in]

Well i am in the same boat.

Just out of curiosity, is there any still recovering from the deadly bitcoin price in late 2017?

or fully recovered and seeing profit? or Sold away at that moment or later?

We don't know whether the potential for increases this year could be greater than in 2017, but people always talk about this. I better waste assets for it. I quite believe that the price can exceed the highest price in 2019, so there is a possibility that it can reach the ATH price like 2017, or even close to that.

[angrybirdy]

Right here mate  
My bitcoin is still in my hardware wallet and I still continue to hold, btw, I don't actually get back my invested money yet. I actually thought of selling it a lot of times and cut my losses but I still fight that feeling and continue holding till to date. Actually I am planning to hold more and will give it to my future son/daughter.

[watergold]

The recovery of the market on the price of bitcoin is definitely there this year but I am not sure that it will reach ATH as of the end of 2017 we know now that bitcoin has gradually increased and yet with this recovery bitcoin will soon reach its highest price this year.
I have traded enough to recover my lost assets last year and have now returned partly because of yesterday's pump so I have quite a bit to get here.

[Fatunad]

If you're looking for recovery then you must not let this opportunity to get away again. The btc halving is on may 2020 and its getting closer while the price is slowly rising. If you have missed and bought at a very high price in 2017 this year will be the best option to recover.

[AniviaBtc]

Well i am in the same boat.

Just out of curiosity, is there any still recovering from the deadly bitcoin price in late 2017?

or fully recovered and seeing profit? or Sold away at that moment or later?

We don't know whether the potential for increases this year could be greater than in 2017, but people always talk about this. I better waste assets for it. I quite believe that the price can exceed the highest price in 2019, so there is a possibility that it can reach the ATH price like 2017, or even close to that.

Still i'm holding my bitcoin that I bought in 2017 and i'm trying to recover using some altcoins. I invested in altcoins in mid 2018 and I think by this, I will lessen the value of bitcoin that I lost in 2017. Due to so much hoping that the bitcoin will increase its price more, I already lost the opportunity of having a huge amount of money. How I wish that I could turn back the time in 2017 so that I can correct my mistakes and change my mindset of holding too much bitcoin.

[BlackFor3st]

Well i am in the same boat.

Just out of curiosity, is there any still recovering from the deadly bitcoin price in late 2017?

or fully recovered and seeing profit? or Sold away at that moment or later?

I did bought a btc last 2017 almost peak of bitcoin price but after the huge deficit of price I decided to sell my bitcoins to cut my loss and I just bought again @7k price and hoping to gain more profits while waiting for another bull run.

If bull run will happen this year, I can easily recover my loss last 2017 and if lucky maybe a little profit. You should always cut your loss if you see that the market is starting to shift as it is not easy to see your holdings that keeps on decreasing it's price.

[Text]

I have bitcoins in late 2017 until early 2019, I can't totally say neither still recovering nor fully recovered while starting to write this post. Maybe because I spent it when the time it's going down while enjoying the benefits I receive in return, so I consider it in a win situation side, let's just keep optimistic. Finally can say that I am fully recovered.
I heard some stories that most buyers of bitcoin on its ATH, still stuck on their losses. I think they didn't manage their trades well when they try to stop the loss.
For now, continuing to collect more satoshis again for the preparation of upcoming halving that can boost the price to go up massively.