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

[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

[1714497699]

1714497699

[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.