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

[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.

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[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..