bounceback
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January 22, 2020, 12:44:17 PM |
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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.
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7788bitcoin
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January 22, 2020, 01:02:16 PM |
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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 .
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luckyflop
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January 22, 2020, 01:11:37 PM |
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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
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iamaruf
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January 22, 2020, 01:14:27 PM |
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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.
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carter34
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January 22, 2020, 01:15:55 PM |
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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.
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Ridwan Fauzi
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January 22, 2020, 01:25:01 PM |
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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.
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moviebuff777
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January 22, 2020, 02:50:51 PM |
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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.
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johnwest
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January 22, 2020, 02:57:11 PM |
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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.
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Meowth05
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January 22, 2020, 03:06:37 PM |
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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.
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JC btc
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January 22, 2020, 03:10:22 PM |
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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 $20k so I was very disappointed I sold at cheap, but now I realized, I am still lucky or else, I might not sold it.
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Aikidoka
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January 22, 2020, 03:13:29 PM |
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Well i am in the same boat.
Just out of curiosity, is there any still recovering from the deadly bitcoin price in late 2017?
or fully recovered and seeing profit? or Sold away at that moment or later?
Well, I was one of the people that were affected by the decrease of bitcoin's price that time since 2017. I didn't really make a profit from that time because the price was under 19k$ 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.
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Capt00
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January 22, 2020, 03:21:14 PM |
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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.
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Inkdatar
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January 22, 2020, 04:13:18 PM |
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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.
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btccashacc
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January 22, 2020, 04:24:50 PM |
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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.
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fortunecrypto
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January 22, 2020, 10:49:40 PM |
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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.
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marcous
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January 23, 2020, 01:28:47 AM |
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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.
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coinfinger
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January 24, 2020, 01:40:11 PM |
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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.
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UserU
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January 24, 2020, 05:06:27 PM |
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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.
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minairia3
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January 25, 2020, 04:22:39 AM |
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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.
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Rengga Jati
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January 25, 2020, 05:19:41 AM |
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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.
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