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?

[1714502659]

1714502659

[1714502659]

1714502659

[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.

[bounceback]

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?

maybe some people who bought bitcoin in 2017 haven't been able to recover their funds because the price of bitcoin in 2017 touched $ 18,000 to $ 19,000 per bitcoin, so I think some of them still hold bitcoin for a long time while waiting to reduce by half and then they will sell bitcoin so they get more profit, because basically when halving occurs, the price of bitcoin will rise to the highest level of all time.

[7788bitcoin]

maybe some people who bought bitcoin in 2017 haven't been able to recover their funds because the price of bitcoin in 2017 touched $ 18,000 to $ 19,000 per bitcoin, so I think some of them still hold bitcoin for a long time while waiting to reduce by half and then they will sell bitcoin so they get more profit, because basically when halving occurs, the price of bitcoin will rise to the highest level of all time.

It all depends upon when you purchased the coin, if you purchased the coin at the top and then it is impossible to be even unless you purchase a substantial amount when the price went down and it all depends upon your initial investment. It is possible to recover completely but someone who invested at the top usually does not have the brains to level those  .

[luckyflop]

It would be frustrating if we bought bitcoin at a high price like the end of 2017, which was a bad experience for so many newcomers at the time. bought for $ 17000 but later panic at $ 5000-7000. They have made a lot of losses when investing in the wrong time, and at the moment there are very few people holding bitcoin since 2017, most of them have cut losses from 2018 or sold it when the bitcoin price goes up $ 13000 in 2019

[iamaruf]

Who bought late in 2017 and beginning of 2018 they are still in loss.that price was nearly 20k$-12K$.those who bought in 2017 middle and after 2018 February they recovered or still in profit. Sad to here with your situation.Try to hold your bitcoin maybe we can see next bitcoin ATH in this year.      

[carter34]

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?

Unfortunately, it depends on the actual price the person bought. If some bought at $14k for example, I think there was a time in last year that price came to such level. So such people would have sold their coin but if they waited to get profit, they would still be in the 2017 trap.
On a large frame, those who bought at the ATH or closely below it or areas around %15k would still be at lost or have sold to handle their loss and move on.
And most times, waiting till eternity to get back the whole of your capital isn't really the best decision.

[Ridwan Fauzi]

When bitcon reached its peak price I just new to this forum and had a less knowledgable about bitcoin so I decided to learn more first and how its movement price and just being a spectator. Greatfully, I'm not decided to buy bitcoin at that time because in a few weeks its price just continue decreased and I was very scared of it.

There will be many people who still be caught in a snare
and hold their bitcoin until now because they have lost much. Even, some of them just tired and decided to sell bitcoin in lose, there will be much. But if I were them, I won't ever decide to leave on this investment. I believe there will be manh hope and also there will be many people who wait the right time to buy bitcoin again, indeed you should have more patience to choose that way.

[moviebuff777]

I didn’t buy in 2017 but I did buy too early in 2018 when the price dropped. Unfortunately, the price kept dropping after that so I bought too early. I did manage to buy more later so the average buy price was not too bad.

[johnwest]

I have the opposite thought of this, I wanted to sell my bitcoins at that point but couldnt. When the price started falling, I didnt because I had a feeling that the price will be back up again. Invested in alts and they too started falling more and more. Its really hard to be patiently waiting and looking at charts which fall on every fluctuation. We may see a good alt season near to the halving.

[Meowth05]

It would be frustrating if we bought bitcoin at a high price like the end of 2017, which was a bad experience for so many newcomers at the time. bought for $ 17000 but later panic at $ 5000-7000. They have made a lot of losses when investing in the wrong time, and at the moment there are very few people holding bitcoin since 2017, most of them have cut losses from 2018 or sold it when the bitcoin price goes up $ 13000 in 2019

It would be kind of frustrating indeed. Fortunately, I didn't felt any FOMO that time, as far as I remember I do only sell back in the day though I speculate that Bitcoin will grow even further but luckily for some reason I didn't buy. I only purchase Bitcoin when market made a drastic drop which is a good thing since I can sell them right away if next halving would be good.

[JC btc]

So far I didn't buy Bitcoin at that time, but I do have Bitcoins from joining bounties and from my savings from joining signature campaigns, airdrops as well,  around $12k already sold my Bitcoins thinking I am already at profit, but it still going up to $20k so I was very disappointed I sold at cheap, but now I realized, I am still lucky or else, I might not sold it.

[Aikidoka]

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?

Well, I was one of the people that were affected by the decrease of bitcoin's price that time since 2017. I didn't really make a profit from that time because the price was under 19k$ till now, but I didn't give up and I didn't sell my bitcoin, I just hold them instead and using some of them in trading. I keep earning bitcoin that's what makes me feel good, even the price isn't like what it was in December 2017.

[Capt00]

It depends, I would say some must have recovered especially if they were able to take advantage of the time that the price is between $10,000-13,000k, I believe that was mid last year but if they didn’t take that specific opportunity because they are waiting for the all time high then I would say they are still losing money until now. Bitcoin is very volatile and to survive and minimize losses you have to take all the possible opportunity and make the most out of it because will never know what’s gonna happen next.

[Inkdatar]

I didn’t buy in 2017 but I did buy too early in 2018 when the price dropped. Unfortunately, the price kept dropping after that so I bought too early. I did manage to buy more later so the average buy price was not too bad.

Year 2018 I buy bitcoin and hold it long term. Actually it is really depends on a person whether he cut loses or possible fully recovered when a person bought btc late 2017. Those who have bought at low price then sell when it reaches high definitely they earn profit.

[btccashacc]

Yes, I did buy some Bitcoins and some altcoins back in late 2017. But didn't sell them until this point, just wanna hold them for a long term, stressful though seeing the value of your asset in USD. A lot of people who bought in peak must be painfull, I personally won't sell those coins lower than the price I purchased, I never thought to do a cut loss when the price was crashed down.

[fortunecrypto]

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 read one post almost a month ago that one guy still holds Bitcoin that he bought at its old-time high, they do deserve an award for being that patient he really believes that Bitcoin can recover, and it will really recover, there's no doubt about that and it's going to happen this year, I hope he still holds those Bitcoin.

[marcous]

I personally did not buy Bitcoin at the time but instead was late selling Bitcoin in 2017, but could still be saved. but the sad thing is that I lost my capital on several Altcoins at that time. and until now my capital has not recovered. I have not started trading properly
because I kinda worried considering the bear market for so long.

[coinfinger]

I sold in 2017 and I made profit from my investment. The funny thing is that I sold my coins around $15,000 and the price kept going up and I was regretting why I sold my coins and I was even thinking of getting back on the ship and then, suddenly, it all goes down lol.

I kept thanking my God that I never took the decision to invest back into it because I would have been among those that are still crying about losing their money today. That made me realize that sometimes we are greedy and our greediness is what leads us to failure. Anyone that wants to invest should always go for what they can risk and be satisfied with whatever little profit they get.

[UserU]

I sold in 2017 and I made profit from my investment. The funny thing is that I sold my coins around $15,000 and the price kept going up and I was regretting why I sold my coins and I was even thinking of getting back on the ship and then, suddenly, it all goes down lol.

I kept thanking my God that I never took the decision to invest back into it because I would have been among those that are still crying about losing their money today. That made me realize that sometimes we are greedy and our greediness is what leads us to failure. Anyone that wants to invest should always go for what they can risk and be satisfied with whatever little profit they get.

I was one of the unfortunate ones, and I crie everytime I think about it.

[minairia3]

I did have some btc but only small amount during that time but I have some altcoins that are worth valuable as well during that time so I think I did have some good earning during this time. I am tempted to invest too just luck that I didn't cause I almost got hooked with they hype as only overnight its just pump like crazy. Then after a huge pump, continuously go down up to now. Hoping we can experience a bubble like that once again.

[Rengga Jati]

When bitcoin reached its peak price I just new to this forum and had a less knowledgable about bitcoin so I decided to learn more first and how its movement price and just being a spectator.

Same here, I was also a new member of bitcointalk in late 2017 and I just know about Bitcoin. So, I still focus on reading more information about it and learn how people can earn money from that investment/trading. Then, I planned to invest at the beginning of 2018, but I revoked my intention because of its increasingly bad performance.

[Touheedkhan78]

I Bought bitcoin at high no i get more experience from that mistake but yeah i didn't recover anything still waiting for any bull run to recover my money hope soon bitcoin will be on a all time new high so i can recover my money

[HabBear]

Well i am in the same boat.

What about you - are you recovered or still suffering through it?

I hope you've been able to average down your cost, buying more int he many lows we've had since 2017...have you stayed participating? What's your story?

I sold in 2017 and I made profit from my investment. The funny thing is that I sold my coins around $15,000 and the price kept going up and I was regretting why I sold my coins and I was even thinking of getting back on the ship and then, suddenly, it all goes down lol.

Wow, well played! Kinda wish I'd done more of the same! It's trading at nearly 50% that level now, could have doubled your holdings if you felt bullish again.

[sovie]

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 dont think those who bought BTC in dec 2017 when it was at its ATH find a chance to exit safely till today. I remember receiving a payment in eth when it was at 700$, I never get a chance to sell those eth because of continuous decline in price.

[Daniel91]

Well,  I bought some btc in the late 2017 but did big mistake after it.
I used part of this funds to buy some altcoins because I was hoping to see higher profit.
Later I realized that I made mistake and lost more because of it.
It's life school,  I guess 😁
Yes,  still recovering but more because of alts than btc.

[nelson4lov]

I Bought bitcoin at high no i get more experience from that mistake but yeah i didn't recover anything still waiting for any bull run to recover my money hope soon bitcoin will be on a all time new high so i can recover my money

You haven't sold since then?  I was thinking that majority of people that bought Bitcoin in late 2017 would've sold during the run to $14K in 2019.  In early 2018, there was an opportunity to buy cheap btc. The current price is effectively 2.5x of that and that would've been a nice opportunity to break even especially for someone that bought at the high. It's a good thing you didn't sell at a loss. Do well to capitalize on more opportunities as they come.

[nicolas1979]

Many people still believe bitcoin will recover, unfortunately that's story never happen. I know some people very depress and decide to sell all bitcoin and of course to lost high value and maybe will never recover again. There's reality if you want to switch into altcoin and try recover from it but it will take time, market also still sideways and halving look's as negative moment for bitcoin. Keep hold meaning stuck, sell now meaning lost but I think switch it and trade in altcoin in better option.

[jazmuzika217]

I am one of that hopeless investor who bought bitcoin in late 2017. And I am now hoping that the price will hit up to $15000 to recover or having break even to my capital. Honestly the root of this problem is too much greed. That time I was hoping for another bullrun so I keep holding my bitcoin then suddenly the price was fall. And now I learned that too much greed is not good in this industry.

[Gozie51]

I am one of that hopeless investor who bought bitcoin in late 2017. And I am now hoping that the price will hit up to $15000 to recover or having break even to my capital. Honestly the root of this problem is too much greed. That time I was hoping for another bullrun so I keep holding my bitcoin then suddenly the price was fall. And now I learned that too much greed is not good in this industry.

I like this sincere post and this is why I'm quoting it.
It serves as a lesson to investors and everybody in greed.
Again for you, you need to be patient because price will get back there maybe this year still.

[Asmonist]

Well I guess I'm half recovered with my btc. Good thing I have also little bitcoin earnings to cope up with the losses. Its really tough perseverance and patience. It does needs another source of income to not compromise our financial status.

[rijaljun]

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'm not the one who bought Bitcoin in the late 2017 but was just too late to sell them. The worst is that I have sold some percentage to keep me survive. I think most of people here are still recovering, unless those who are really active on short-term trading and have succesfully recovered through the profit they have earned.

[Distinctin]

And I'd feel that still, a lot isn't recovering yet.
That was sorry for them and it can't be easy to forget being bullish and everyone's is buying for the think that it will soar high, but sadly it turns down drastically and ain't recovering until today. Maybe some lose their hopes and sell their bitcoin after that. I know they the reason but isn't a way to recover but it is just a losing end for them.

[FLoving]

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 dont think those who bought BTC in dec 2017 when it was at its ATH find a chance to exit safely till today. I remember receiving a payment in eth when it was at 700$, I never get a chance to sell those eth because of continuous decline in price.

No one have recovered till now because till now the price of bitcoin not reached to $20000 after the drop from that level in 2017. But as we saw the price reached to $14000 in the previous year when the market was not well and there was not any good event coming for bitcoin so in this year we can expect the price to rise more higher than even $20000 because this year is a great year for the bitcoin and the whole altcoins. As the halving of bitcoin will boost the whole market inviting people to invest in crypto from all over the world.

[Subbir]

If we attempt to understand everything perfectly then we will say that there's an opportunity of Bitcoin recovery. Although Bitcoin seems to me to be relative sometimes find Bitcoin very difficult to imagine the movement. the rationale for this is often that anyone can easily dominate without want.

[bamboylee]

I am still waiting for the price to recover. My bitcoin will see 4 years of hodling and may see another 4 years if the price does not recover this halving. It may seem a mistake to hodl this long but I will see this through.

[Colt81]

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?

Sad to say, i still haven't recovered the 20% of my profit that was loss in the late year of 2017 since bitcoin started to go down from 20k USD, that is why i am still hoping that the price of bitcoin will reach it's price to 20k USD again for me to fully recovered all of my losses. Good thing that halving might happen in the mid year of 2020.

[Slow death]

Well i am in the same boat.

no offense, but the price when reached $17000 did not fall directly to $3000, it started to drop gradually, you had several opportunities to sell and reduce your loss and buy again when the price dropped a lot, with that you would have more bitcoins and could sell whenever the price went up too much and you would buy again whenever the price went down a lot. Are you handling losses since 2017 until today?

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

Last year the price reached $13,000, currently the price is $ 8300 and has a good chance of increasing by more than $20,000 within two years.

[sisule]

Maybe still holding their bitcoin assets bought in late 2017 where bitcoin price above $16,000. How many people have lost their money because bad and reputation making by some one to invest with bitcoin without good analyze with the future will bitcoin keep stable with higher price or going down, but now bitcoin have been with lower price.

[shield132]

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?

Reddit is full of such stories, you will see a people who bought bitcoin when price was rising from 14k to higher and most of them bought when it was 18k. It's still ok but there were a lot of people who were "late bloomers" there, sold house and bought bitcoins at 18-20K, imagine how huge stress it is and god knows when price will recover. They had to pay loan to keep house, so for such people I think there is no recovery, they wouldn't even risk day trading because of huge emotional stress and hopeless because of that mistake.
But also don't forget that if you sold bitcoin at 20K, it means someone bought it at 20k. There were dozens of people who sold btc at 20k, so there were dozens of people who bought it. Without darkness we would never see the stars you know.

There may be a lot of people who recovered too, you have to learn on your mistakes. After bought on 20K, a lot of people would do more analyzes and consider more suggestions in trading and they could easily recover from it. Imagine I bought at 20K, saw price started fall and sold them at 15k, then hold my USD for a while. Saw price become 3K in 2019 year, great moment to buy bitcoin and did it, then sold when price hit 9k for example, I am in huge win there and not in loss. I think 2019 year was great opportunity for people. I know it may sounds like fairy tale but it's hugely possible that someone did it, personally I sold every btc when price was 16k but bought when it become 4k and sold when it hit 13k last summer.

[pixie85]

Many people still believe bitcoin will recover, unfortunately that's story never happen.

What are you talking about? Even if you bought at the very top for 19-20 thousand Bitcoin gave you plenty of opportunities to get your fiat back.
All you had to do is sell somewhere along the way down. You could have waited for 10 thousand and sold when the price went below because it was already a 50% loss.
Then you had a year to buy back. It doesn't metter when. At 6 thousand in 2018 or when it later fell to 3.

You literally had a year to do it from Spring 2018 to the beginning of 2019. If you did that you recovered. If you were too dumb to realize in a year that you should buy Bitcoin I have no words for you.
 

[wozzek23]

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?

You seems to have bought at the peak during the mid 2017. I was even on the same boat that time but I was able to see the bear markets some time ago so it gave me time to cashout my bitcoins at that time only. Still, I had to sell some at loss that time but the price I sold at that time was never touched after those markets so I do not regret for doing so.

But, I was also able to make profits from the after bear markets by short term trading so it really was a life saver for me in the bearish markets. Now, I have prepared for the coming bull markers so let's see how much profits we could afford to earn from these coming bullish markets.

[Janation]

I am still waiting for the price to recover. My bitcoin will see 4 years of hodling and may see another 4 years if the price does not recover this halving. It may seem a mistake to hodl this long but I will see this through.

I can say that it is recovering.

The price of Bitcoin in the past stuck at $5000 to $6000, these days the price are just going back and forth at $7000 to $8000. We can't compare that to the ATH but atleast, we can say that the price of Bitcoin is recovering since it can still go up this month or maybe this year, we don't know.

[StephenieDuong]

I think bitcoin is still recovering and there are no signal that this recover will end soon. Bitcoin currently have strong support at 7k$ and before break this support, i assume bitcoin still in uptrend and i advice is do not short bitcoin. Finding a good price to buy is the best option and only cut loss at 7k$ if you are a long term investors.

[Amel]

I am still waiting for the price to recover. My bitcoin will see 4 years of hodling and may see another 4 years if the price does not recover this halving. It may seem a mistake to hodl this long but I will see this through.

I can say that it is recovering.

The price of Bitcoin in the past stuck at $5000 to $6000, these days the price are just going back and forth at $7000 to $8000. We can't compare that to the ATH but atleast, we can say that the price of Bitcoin is recovering since it can still go up this month or maybe this year, we don't know.

If recovering against ATH, I think it still hasn't been achieved because bitcoin has only recovered from the lowest price over the past year. Yeah even though we won't know when bitcoin will really recover and make a new ATH, but the most important thing now is to hold on and keep holding on, don't just regret if the price goes up like the number of people complaining.

[Sadlife]

I never really bought any bitcoin it all started in faucets, cloud mining and then signature campaigns i was accumulating small amounts through this methods so that he 2017 devastating bubble kinda shock me and wish i'd exit before it happened but i realized that's its fine cause i didn't anything to it really.

[panganib999]

I think bitcoin is still recovering and there are no signal that this recover will end soon. Bitcoin currently have strong support at 7k$ and before break this support, i assume bitcoin still in uptrend and i advice is do not short bitcoin. Finding a good price to buy is the best option and only cut loss at 7k$ if you are a long term investors.

Those people who bought bitcoin in the year 2017 and pull out their earnings become rich already and make another investment today, and I think the price of the bitcoin is entirely too low for having a good price way back on the year of 2017. Still, if the investors grab the opportunity to make an investment when the price is low, I think they already got their profit back because even bitcoin is the highest profitable coin today. Still they have another source of income to use.

I am still waiting for the price to recover. My bitcoin will see 4 years of hodling and may see another 4 years if the price does not recover this halving. It may seem a mistake to hodl this long but I will see this through.

I can say that it is recovering.

The price of Bitcoin in the past stuck at $5000 to $6000, these days the price are just going back and forth at $7000 to $8000. We can't compare that to the ATH but atleast, we can say that the price of Bitcoin is recovering since it can still go up this month or maybe this year, we don't know.

After the price of the bitcoin fall for over $6000 today it is continuously recovering in the market price because time by time the price of the bitcoin back again for over $9000 and this is a good sign for another bullish market after this market happens the cost of the bitcoin becomes stable for a week in the middle of the amount of $8000 and increasing slowly again with a good sign for reaching back the 14k dollars.

[The Sceptical Chymist]

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.

Yeah, if anyone had bought bitcoin back around December 2017 or a few months before, they're still in the red.  If they'd sold this past summer when it was around $13k they might have lessened their losses, but they're still losses nevertheless.

I don't think I was doing much buying back then, but I can't remember specifically.  I do remember thinking that the market was overheating and that it would be a horrible time to buy bitcoin when it was making all-time highs every day or so.  But obviously a lot of people were buying, else they wouldn't have driven up the price so much.  My guess is that most of them sold at a loss, which is what usually happens in bull markets, bubbles, and the subsequent crashes.

And yeah, if you'd held altcoins that you bought back then you'd still have one hell of a wait before you were above water again, and with some of them you'll probably never break even.

[bittraffic]

I'm curious to know if someone really hold that long after learning that their investment could turn to zero after fuds are being posted everywhere. Buying while the price is more than 18K must be a nightmare upon seeing the price went down to $3k. He would probably dump after reading fudsters posting about BTC going to zero just to get back some $ he had. It would also be frustrating for him when later on BTC bounce to more than $20k again while he doesn't own anything anymore because of fear.

[the rise]

I sold most of my btc gradually to make a continuous recovery process from daily trading in the past 4 years. the nominal is certainly not as big as when I first bought it, but at least it relieved my anxiety because of the influence of emotional pressure at that time. I did not know about Realcoin / Tether at that time and only witnessed how the price of bitcoin dropped dramatically without a significant reversal.

[kotajikikox]

i don't take it as recovering because i willingly invested for long term holding so what ever happens from that year until now is part of plan.
though there are some times that i think losing up?but still my Love for bitcoin and crypto stays there.

so i think it is a matter of choice on how you want to treat your investments here,the more you afraid of losing is the more you will fail.

[Oceat]

I sold most of my btc gradually to make a continuous recovery process from daily trading in the past 4 years. the nominal is certainly not as big as when I first bought it, but at least it relieved my anxiety because of the influence of emotional pressure at that time. I had no idea about Realcoin / Tether at that time and only witnessed how the price of bitcoin dropped dramatically without any significant reversal.

I wonder if you sell it in time when the price almost hit the $3,500+ price range on January last year? If I remember correctly in the last two years, there hasn't any bigger prices for Bitcoin that time so I'm thinking you are still in a huge debt from buying Bitcoin in the highest peak in 2017. You probably hasn't prepared to make a back up plan just in case the worst will going to happen that time.

[rijaljun]

If recovering against ATH, I think it still hasn't been achieved because bitcoin has only recovered from the lowest price over the past year. Yeah even though we won't know when bitcoin will really recover and make a new ATH, but the most important thing now is to hold on and keep holding on, don't just regret if the price goes up like the number of people complaining.

You are stupid if you think recovering funds only achieveable through waiting Bitcoin back to its ATH (for those who bought at the highest price). People can take profit and it is also a way to recover their loss. Holding isn't always a wise move if you can find an strong opportunity to take profit, in other hand holding is safer trading.

[nickenburg]

I didn't buy Bitcoin but Ethereum at like 800$, Bitcoin was around 15000$ at the time and was already declining from 20000$.
I just bought altcoins with it so it doesnt really matter that much but I still shouldve known better and waited till it all calmed down.
And I bought when Ethereum was under 200$ as well since I think that is definitely a good price to buy at.

Pretty much recovered and I own more Crypto now then I have put in, now it is trying to accumulate more and wait for the new bubble

[Visbay]

I think bitcoin is still recovering and there are no signal that this recover will end soon. Bitcoin currently have strong support at 7k$ and before break this support, i assume bitcoin still in uptrend and i advice is do not short bitcoin. Finding a good price to buy is the best option and only cut loss at 7k$ if you are a long term investors.

Those people who bought bitcoin in the year 2017 and pull out their earnings become rich already and make another investment today, and I think the price of the bitcoin is entirely too low for having a good price way back on the year of 2017. Still, if the investors grab the opportunity to make an investment when the price is low, I think they already got their profit back because even bitcoin is the highest profitable coin today. Still they have another source of income to use.

I am still waiting for the price to recover. My bitcoin will see 4 years of hodling and may see another 4 years if the price does not recover this halving. It may seem a mistake to hodl this long but I will see this through.

I can say that it is recovering.

The price of Bitcoin in the past stuck at $5000 to $6000, these days the price are just going back and forth at $7000 to $8000. We can't compare that to the ATH but atleast, we can say that the price of Bitcoin is recovering since it can still go up this month or maybe this year, we don't know.

After the price of the bitcoin fall for over $6000 today it is continuously recovering in the market price because time by time the price of the bitcoin back again for over $9000 and this is a good sign for another bullish market after this market happens the cost of the bitcoin becomes stable for a week in the middle of the amount of $8000 and increasing slowly again with a good sign for reaching back the 14k dollars.

Indeed the price of bitcoin remains recovering always and I never saw it stopping at a single price as I know crypto is so volatile and rugs up and the downtrend will come. $6k was the price in December but now it's almost  $8k and gradually it's improving more than this waiting gives a good reward to holders and investor so just hopes for the best and keep waiting.

[Reatim]

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 not one of you who bought in the later days of 2017 but i bought some in the middle of 2018 in which i made a profit last 2019 3rd quarter since my Bitcoin grows at least 1/3 of the buying price so i sold them and bought again this early december 2019 when the value dumped again to $6k level.
sometimes we only need to follow some good traders in WO thread (but don't do it constantly because they commit mistakes sometimes also)

[maydna]

People who bought bitcoin in 2017 will still try to recover if they still hold bitcoin until now. The bitcoin price itself still not reach $10k, and it is trying to increase step by step. But those people will have the opportunity to fully recovered once bitcoin price can grow up to $20k so they can make a profit.

But until that time, they can try to increase the amount of bitcoin they have by trading, so when the bull run is coming, their profit will be bigger than now. But if they don't do anything, then they only need to wait for more until the bitcoin price can hit more than $20k. Unfortunately, no one will know when the price can increase to more than $20k, so they need to be patient.

[boris singer]

People who bought bitcoin in 2017 will still try to recover if they still hold bitcoin until now. The bitcoin price itself still not reach $10k, and it is trying to increase step by step. But those people will have the opportunity to fully recovered once bitcoin price can grow up to $20k so they can make a profit.

But until that time, they can try to increase the amount of bitcoin they have by trading, so when the bull run is coming, their profit will be bigger than now. But if they don't do anything, then they only need to wait for more until the bitcoin price can hit more than $20k. Unfortunately, no one will know when the price can increase to more than $20k, so they need to be patient.

many expect Halving's impact to be next year, at least those who passively wait are very close to the price increase deadline. If BTC does not touch ATH, it is possible to touch at least $ 15k or more. I think there are many of them who choose to maintain their assets because of this, and choose to use fresh money for new trading activities.

[maydna]

People who bought bitcoin in 2017 will still try to recover if they still hold bitcoin until now. The bitcoin price itself still not reach $10k, and it is trying to increase step by step. But those people will have the opportunity to fully recovered once bitcoin price can grow up to $20k so they can make a profit.

But until that time, they can try to increase the amount of bitcoin they have by trading, so when the bull run is coming, their profit will be bigger than now. But if they don't do anything, then they only need to wait for more until the bitcoin price can hit more than $20k. Unfortunately, no one will know when the price can increase to more than $20k, so they need to be patient.

many expect Halving's impact to be next year, at least those who passively wait are very close to the price increase deadline. If BTC does not touch ATH, it is possible to touch at least $ 15k or more. I think there are many of them who choose to maintain their assets because of this, and choose to use fresh money for new trading activities.

Yes, that is why many of them still trying to buy a lot of bitcoin at a price now and hold it because they are sure that bitcoin price will touch ATH. At least, if the bitcoin price can reach $15k, their losses will not be too big, and they can do another way to recover the losses.

Many of them are still hold their asset while they still trading to get more amount of coins so they can make a big profit in the next bull run. I guess that is what they did with bitcoin while they are trying to make as many bitcoin as they can.

[pajak666]

It's super tough to be holding for so long.. Most of people who bought BTC are down after this time, but this is unfortunately due to lack of knowledge. Almost all of retail traders are loser due to 'careless' strategies like holding. If you don't want to put any effort in it then holding bags for 2 years will become a standard for you. People who bought last year over 10k are kinda sorry too. This will happen all over and over again if you get emotionally attached to your stuff. It is not a binary option and you can manage your variables quite a bit. Price of an asset falling substantially down only created an opportunity to make a profit. Need to get out of 'hodl' mindset for that to work tho.

[Hypnosis00]

I actually bought some Bitcoin in the 3rd quarter of that year (2017) and to tell you guys, I'm still in big regrets why I'd never sell it when the price reaches its peak. It was a big mistake but it never gives me losses by then since I sold it early 2018 and the price still in good but it actually most daring if I could sell it when the price is $19k ( it supposed to make it triple from my buying price).
But anyway, it passed already and we'll have to move on and face what is the coming. I know it will be fine in the year and onwards.

[pajak666]

I actually bought some Bitcoin in the 3rd quarter of that year (2017) and to tell you guys, I'm still in big regrets why I'd never sell it when the price reaches its peak. It was a big mistake but it never gives me losses by then since I sold it early 2018 and the price still in good but it actually most daring if I could sell it when the price is $19k ( it supposed to make it triple from my buying price).
But anyway, it passed already and we'll have to move on and face what is the coming. I know it will be fine in the year and onwards.

Following the same philosophy you might have sold it at $10000 so good for you;) You never try to catch the top. It is very personal and feeling based and usually wrong.. it's better to wait for the top and sell a little after. That way you are not the one selling for 20k, but you are for sure selling at 16k+ and super duper sure you are not the one selling for 10k or even 2k thinking it is the top..

[Shasha80]

I am among those who bought when bitcoin prices reached ATH at the end of 2017, and I am still recovering to cover losses
I've experienced. And until now I haven't fully recovered. Even in 2019 I was frustrated because the market was still in bearish
market, it's the hardest moment to make a profit. But in 2020 the market has shown a positive trend, this makes me excited again
chasing profits to recover from losses in 2017. Hopefully all those who experience the same thing as me are not desperate to fight
to cover losses suffered when buying bitcoin at the peak price.

[Clark05]

Many traders and investors who invest during 2017 month of December when the bitcoin value is very high was invested and I believe some of them are fully recovered but most of them are still need to recover because they bought the highest price od the bitcoin in the last 10 years ago.

I bought bitcoin late in 2017 so I lost my money too but the good with mine is I was invested in the 2016 too so the money that I lost in 2017 was recovered overall Im fully recovered and hoping that soon the other trader who lost most of their money on that year will be recover.

[ultrloa]

Actually I am one of those people who bought bitcoins on year 2017 since I think that there are more upper than that but suddenly a huge drop came for year 2018 and lost almost half of the value, but I already manage to earn it back when market recovers and by doing a day trades and that was a big lesson since it totally sucks to get caught by our greed. And let's hope that 2020 is profit year to all of us.

[justdimin]

Well, thankfully I am one of the people who SOLD bitcoin during those days, not because I am some sort of financial wizard or anything but I honestly was in need of a bit of money and instead of withdrawing just the amount I needed, I just withdrew all the money I had and wanted to spend it.

Eventually I did ended up spending all that money but I spent it on amazing stuff that no longer exists outside of my memories, yet it was still a life well spent in those days, not having to worry about money and so forth, would it be better if I kept it aside in dollars? Buy back when it was 3k? Sure, yet sometimes you have to know when its time to live your life and not plan for the future too much or you will miss the days you have in your hands while planning for the days you might have.

[tianglistrik]

Actually I am one of those people who bought bitcoins on year 2017 since I think that there are more upper than that but suddenly a huge drop came for year 2018 and lost almost half of the value, but I already manage to earn it back when market recovers and by doing a day trades and that was a big lesson since it totally sucks to get caught by our greed. And let's hope that 2020 is profit year to all of us.

sometimes when we trade for the purpose of returning funds that were previously lost due to losses, then I think you will do it cautiously. I have also experienced a loss but because of investing in altcoin, I took the cut loss step and so far I have managed to recover my losses with daily trading.

[Baoo]

Actually, I don't think that many people bought a huge amount of Bitcoin in late 2017 because the price was so high at that period probably some newbies made that mistake. Also, it is sure that the whales was the reason for that huge dip. To be honest, if someone for real bought a lot of BTC in that periode, then it is pretty certain that he is still losing money especially if he does not have a continuous financial income with BTC or cryptocurrencies. Now, it is really sad the   current price is under 10K hopefully, everything will be better after the halving event.

[PuertoLibre]

The dumb money left the market and smart money pumps the recent market, it was not same during 2017. The mixed trading sentiment was caused side effects and new investors fall to the trap. Now the patient group holds the same amount of BTC while others gave up for buying back at lower levels. The overreacting trades happen around key price levels for this reason, IMHO.

[Kelvinid]

Actually, I don't think that many people bought a huge amount of Bitcoin in late 2017 because the price was so high at that period probably some newbies made that mistake. Also, it is sure that the whales was the reason for that huge dip. To be honest, if someone for real bought a lot of BTC in that periode, then it is pretty certain that he is still losing money especially if he does not have a continuous financial income with BTC or cryptocurrencies. Now, it is really sad the   current price is under 10K hopefully, everything will be better after the halving event.

The price moves high for just a few months because of high demand, people are coming just to invest Bitcoin and other crypto making a way to move the price continuously. Because they'll think that it will keep soaring but unfortunately, the moves of some whales hype had stop and result to lowering down the price. But, some people are still optimistic and hold currently hold their Bitcoins until today, if that so I don't think that they are still profiting coz definitely, they are still not in gaining.

Those who can sell their coins at the first drop of Bitcoin will still get some but those who did not, then it will be so sorry.

[Mumbeeptind1963]

I am among those who bought when bitcoin prices reached ATH at the end of 2017, and I am still recovering to cover losses
I've experienced. And until now I haven't fully recovered. Even in 2019 I was frustrated because the market was still in bearish
market, it's the hardest moment to make a profit. But in 2020 the market has shown a positive trend, this makes me excited again
chasing profits to recover from losses in 2017. Hopefully all those who experience the same thing as me are not desperate to fight
to cover losses suffered when buying bitcoin at the peak price.

I also bought some coin last 2017, it is not bitcoin but an altcoin, and now? It turns out a shitcoin. It becomes a design in my wallet and also a remembrance of my mistake that I did not be able to sell it when the price of it is good and still has a good volume. I did not see any improvement of it this days and still it has a low volume and orders.