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

[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.