Brought Bitcoin in 2017 and sold in 2018

[ksridharprasad]

I'm the most unluckiest person, because I brought 0.5 Bitcoin in 2017 3rd quarter and sold it in 2018 before it is going to down fall. I have converted all my Stellars in to Ripple, Stellars and trax coins. But till now I could not sell them due to that they are in very low position. If ince again I have chance to sell them in price rice in 2020 I may be very happy. But no hope it is according to my fate.

[pawanjain]

If you really did this, I would actually consider you as an unlucky person. This shows that you don't believe in bitcoin and just bought it to gain profits.
If you would have truly believed in bitcoin then you would have never sold it in such a low price.
If you had an emergency then that's a different thing but if you just did it for speculative purpose then you have just encountered a huge loss.
You still have the time with what you have left. You can either hold your altcoins or convert them into BTC and wait for BTC to rise up again.
We all know that BTC will "surely" rise in price but it will just take some time.

[TheUltraElite]

I'm the most unluckiest person, because I brought 0.5 Bitcoin in 2017 3rd quarter and sold it in 2018 before it is going to down fall.

Several people bought during that uptrend. I guess nobody entered this market from any trading background like prior experience with stock market trading or commodities. Still it is a part of the game to lose some and win some.

I have converted all my Stellars in to Ripple, Stellars and trax coins. But till now I could not sell them due to that they are in very low position. If ince again I have chance to sell them in price rice in 2020 I may be very happy. But no hope it is according to my fate.

Converting to altcoins to hedge bitcoin is a wrong method of risk management. The better method is to convert to fiat and gold fiat while bitcoin is going sideways, then use fiat to buy bitcoin at low price. I cannot vouch for those altcoins because 99% of them (<make that 100%) are pump and dumps and not something for the average long term hodler to trade with.

But keep them if you like them. Otherwise consider that money wasted, because nobody knows when a certain price will come into view.

[akram143]

Don't blame the fate,its your impatience leads you to be in losses,if you don't have trust over bitcoin then you shouldn't invest on it at all and ofcourse lot others did the same mistake and now blaming their fate.

Get complete knowledge about the thing you are going to invest before investing your money or atleast read the price movement patters.

[Yamifoud]

I'm the most unluckiest person, because I brought 0.5 Bitcoin in 2017 3rd quarter and sold it in 2018 before it is going to down fall. I have converted all my Stellars in to Ripple, Stellars and trax coins. But till now I could not sell them due to that they are in very low position. If ince again I have chance to sell them in price rice in 2020 I may be very happy. But no hope it is according to my fate.

You're not the only one being unlucky during that time, many had suffered such losses also.
Don't lose your fate mate...you can find another way to recover your losses if you want to but if you close such chances, that would be your regrets.

Quitters never succeed in crypto and don't consider yourself just like them. Though we think that 2017 is a disgrace for everyone but somehow it gives us a lesson to think that not all the times we've been at high, sometimes we go down that is why we should have to be prepared all the time. And a reason why we survive (and many others did) is just because they can manage to calm themselves and accept reality.

[davis196]

If you really did this, I would actually consider you as an unlucky person. This shows that you don't believe in bitcoin and just bought it to gain profits.
If you would have truly believed in bitcoin then you would have never sold it in such a low price.
If you had an emergency then that's a different thing but if you just did it for speculative purpose then you have just encountered a huge loss.
You still have the time with what you have left. You can either hold your altcoins or convert them into BTC and wait for BTC to rise up again.
We all know that BTC will "surely" rise in price but it will just take some time.

Buying Bitcoin just to gain profits?
Isn't that the main reason people buy bitcoin?I mean,what are the other reasons to buy Bitcoin and HODL?
Do you think that,OP and people in general,should "believe" in Bitcoin,like it's some sort of religion or sect?
Of course they want to make some profits.
I guess that OP bought Bitcoin at the wrong time,following the 2017 price bubble.Many people suffered severe financial damage back then,just because they have followed a market trend.
However,I can't consider this decision to be "unlucky". This has nothing to do with luck,or lack of luck.
It's just a wrong decision.

[Ridwan Fauzi]

That is the risk you should be aware, there is no guarantee for you to gain a lot of profit even you got wealth in several time being cryptocurrency's investor.

At least you should make this situation as your learning, analyst first before you make a decision. For me, it is okay to sell in the high price but when you sold it in a lose situation maybe I see it as a mistake.

You will be safe if you hold them moreover the coin that yiu choose was bitcoin. The fundamental for this coin is still good until now, this is why I told you to sell bitcoin at the lose situation is bad.

[Wexnident]

You probably bought because of all the hype the bubble caused, and continuously hoped for the best to happen. Then after watching for a year and seeing no hope, sold all their coins just to take back what they can. Typical of those who entered the market hoping to make big bucks instantly. It isn't a matter of luck tbh, its a matter of knowing what you actually entered and what would possibly happen if you entered.

If you really did this, I would actually consider you as an unlucky person. This shows that you don't believe in bitcoin and just bought it to gain profits.
If you would have truly believed in bitcoin then you would have never sold it in such a low price.
If you had an emergency then that's a different thing but if you just did it for speculative purpose then you have just encountered a huge loss.
You still have the time with what you have left. You can either hold your altcoins or convert them into BTC and wait for BTC to rise up again.
We all know that BTC will "surely" rise in price but it will just take some time.

Buying Bitcoin just to gain profits?
Isn't that the main reason people buy bitcoin?I mean,what are the other reasons to buy Bitcoin and HODL?
Do you think that,OP and people in general,should "believe" in Bitcoin,like it's some sort of religion or sect?
Of course they want to make some profits.

Probably about Bitcoin being a form of currency itself, and not just something like stocks and the like. See how like Gold is often compared to it, yet you never see the price of gold fluctuate by much. It is indeed like that, but because of the continuing entrance of supply, bitcoin itself has lead to price changes which brought about the idea of it being used to profit.

[rexxarofmoknathal]

Is this an issue of luck? I doubt it, it's just an example of a person being scared of risks but still being pushed into buying for the fear of losing out and when realising that the market may crush selling it all out. This is why one must not act hastily and assess carefully what action they should take before they're taking it.

I'm afraid this is just a lack of knowledge combined with fear rather than luck! It takes time, knowledge and courage to profit from trading, irrespective of the trading level.

[sujonali1819]

That very unfortunate. Not only you, But Most of the crypto traders did also like you. I was too
We should not think about now because it only can increase disappointment and make you unhappy again and again. So just forget that and go ahead with your latest experience. good luck. I hope you will succeed in the near future.

[mk4]

So your buy-sell timespan is pretty much just months, not even one single year. That timespan is nowhere close to even being called "investing". It looks like you bought bitcoin so you will "get-rich-quick", where mindsets like that always end up making people lose money. You might want to be more realistic with your expectations.

[Lucius]

I'm the most unluckiest person, because I brought 0.5 Bitcoin in 2017 3rd quarter and sold it in 2018 before it is going to down fall.

So you bought your BTC sometime between the sixth and the ninth month of 2017 - price from $2200 (Jun 01, 2017) to $4300 (Sep 30, 2017). Price was above $5000 until November 2018 so if you sell before that time, you will still be in profit. I do not see that you lost too much even if you sell in December 2018.

It is possible that you incorrectly stated that you made the purchase in Q3, and that actually happened in Q4 which represents the last 3 months of the year. Do not mix your fate with the misperception of the market, the price could not go up constantly, only greedy and ignorant people lost money at that time.

[sheenshane]

You still sold it even though you know that you didn't gain profit?
That was a wrong move there because you enter the market, not in perfect timing. If you see that your profit was not there you can hold it for another year until you will see a profit. To be honest, Bitcoin investment is not a short term investment. It needs patient until when you have it.

Don't do panic selling when there's a correction of price come because there is always resistance after that, panic selling it means you accept your losses.

[philipma1957]

I'm the most unluckiest person, because I brought 0.5 Bitcoin in 2017 3rd quarter and sold it in 2018 before it is going to down fall. I have converted all my Stellars in to Ripple, Stellars and trax coins. But till now I could not sell them due to that they are in very low position. If ince again I have chance to sell them in price rice in 2020 I may be very happy. But no hope it is according to my fate.

3rd quarter prices were as low as 2600 and as high as 4624 in 2017

the lowest price in all of 2018  was 3100 in dec.


So  basically  sounds like you only could have lost money if you purchased on Sep 30 2017  held when it peaked at 19900 in dec of 2017

kept holding and finally gave in  between nov 21 2018 and dec 31 2018.

If so You are a loser and were given an inexpensive lesson that you should not trade anymore

worst case is  you paid 2312 and got back 1550  a loss of 762.

That is a cheap lesson as it clearly shows you can't trade and should never trade again.

But you claimed to have ignored the lesson since you picked a coin to switch too.

Since your original money spent was only 2312 if you were accurate and did buy in 3rd quarter of 2017.

Let it ride.  worst case you lose it all bro.

[bitbunnny]

I wouldn't say that has anything to do with luck, it's a bad decision that you've made. But then again it was your assesment of current situation and you couldn't predict the full development of situation.
Everyone of us faced the loss sooner or later and made some bad choices. There is no use in regret and you have to think how to invest in future to get the maximum profit out of it and cover some losses from the past.

[Twentyonepaylots]

So your buy-sell timespan is pretty much just months, not even one single year. That timespan is nowhere close to even being called "investing". It looks like you bought bitcoin so you will "get-rich-quick", where mindsets like that always end up making people lose money. You might want to be more realistic with your expectations.

It seems like people are really exaggerating their expectations with investing result using cryptocurrency especially bitcoin. Quick rich mindset, again there is no shortcut for getting rich until you were born rich. What these people are doing is invest-expect high-lose-ASK, there is nothing wrong with asking what went wrong but there are obvious things that does not need to ask for answers. The fact that you decided to sell it in low price is a decision that you accepted that you have lost, you could've waited for so many years before selling it.

[btc_angela]

I'm the most unluckiest person, because I brought 0.5 Bitcoin in 2017 3rd quarter and sold it in 2018 before it is going to down fall. I have converted all my Stellars in to Ripple, Stellars and trax coins. But till now I could not sell them due to that they are in very low position. If ince again I have chance to sell them in price rice in 2020 I may be very happy. But no hope it is according to my fate.

Why you saying that there is no hope? Did you see the future? My point is, you need to stay positive, many of us here are still holding our precious BTC and some good Altcoins because we are waiting for the next bull run to happen. It might not be in 2020, but definitely, an imminent bull run will happen, you just need more patience here.

[maxreish]

That's sad. You obviously bought those coins at the peak price. Well, there are two ways you may choose to do. Either sell them at loss because the situation further needs you to do so and rebuy at low so you can compensate some of your deficit fund. Or wait longer. Patiently hold and wait will still give you profits at the end.
 
 That's the usual problem , most of the trader hardly know "when" is the right time to buy and sell. Or even know of it is already the best price to sell or not.

[adaseb]

Your coins at least have a market and are listed on exchanges. I got maybe a dozen or so alt-coins which are pretty much useless because they don't have an exchange. If they have an exchange they got absolutely no bids and tons of offers at 1 satoshi. Basically its a full loss.

You are not the only one that has this problem. Everyone should of bought BTC and alt-coins in 2017 and should of sold EVERYTHING in Q1 2018 but since it was going up exponentially people decided to hold it for more profits, we got greedy, and are now sitting pounding our heads against the wall. This is how markets work. Nothing you can do. I am sure the people who bought OIL a few months back also regret not selling it either. However you can't predict the future.

[maydna]

I'm the most unluckiest person, because I brought 0.5 Bitcoin in 2017 3rd quarter and sold it in 2018 before it is going to down fall. I have converted all my Stellars in to Ripple, Stellars and trax coins. But till now I could not sell them due to that they are in very low position. If ince again I have chance to sell them in price rice in 2020 I may be very happy. But no hope it is according to my fate.

You don't need to be sad because you are not alone. Many people have felt the same, and they still trying to make money from another coin. You will have a chance to sell your coin in the next bull run, but unfortunately, we need to be patient because we don't know when the bull run will come. The other thing that you can do is search for the other coin that has potential to grow in the short term, but that will not be easy since if the bitcoin price is still like today, the other coin will follow.

You still have hope, and you still need to believe that the bull run will come soon. You can keep your coin in another wallet, and don't keep the coin at the market if you want to prevent if something bad happens. But you should avoid the regret because it will replace with the happy feeling when the bull run comes.