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Author Topic: If bitcoin price had not crashed in 2018  (Read 673 times)
gurunanakji777
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January 18, 2021, 07:42:29 AM
 #21

What can not be happened now is no use to think about it. In this bull run, most of the small traders are afraid to invest in bitcoin I am also one of them. I could not gather the courage to buy as it's highly volatile and I witness the huge drop in the year 2018 so you are right from the current bull most of the rich got profit. I also sold my high potential coins especially ethereum before this bull run starts. Today when I see the market I only repent of my hastiness but I would like to add If I have no liability I must hold my assets till now but we have to meet our daily expenditure as well so I sold slowly-slowly.

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January 18, 2021, 01:06:15 PM
 #22

Think more positively and do not regret. You got the more valuable things than profit - experience, new way of thinking and understanding the reality. Personally I lost a lot in 2018 because of the lack of experience, but nowadays I do other steps remember about the experience of 2018. You shouldn't complaint, but just act, because there will be always different situations that will require our money and efforts. It is life. You are still not old and have lots of opportunities in cryptocurrency world.
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January 18, 2021, 01:21:59 PM
 #23


Sometimes I just look out for what to put the blame on, If I should put it on the government, because if there was job available after our education we wouldn't have sold our assets, or if I should put the blame on heritage. of course if we had come from a wealthy background, we would have be rich and there won't have been any need for selling our assets, rather we would have bought more.

Only a person that is afraid to face the reality or take responsibility will put their blame on others.  There are lots of opportunities lurking around, we just need to find them.  You just wanted the easy way out by selling your asset and it is you who sold it not the government or other people.  So you have no right to even think of blaming others for your own decision.

I can say, just move on and accept the fact that you made a wrong decision way back in 2018, selling your Bitcoins when the market is in bear season. I made the same mistake by selling my BTC at $2k each but I am not bitter because it serves its purpose.

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January 18, 2021, 01:28:46 PM
 #24

It seems to me that whenever the market crashes, the rich will get rich and only a few of the poor will be able to make some money
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January 18, 2021, 01:40:27 PM
 #25

Thats true, if the market hasn't crashed by 2018 now we could've seen a big rise in the number of your millionaires. During that time more number of bitcointalk members itself made themselves millionaires through the bounties and other earnings made in terms of bitcoin. Myself too missed the opportunity, and sold everything once after the price crashed to worth nothing.

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January 18, 2021, 01:50:54 PM
 #26

And yet it has happened and we must respond to the realities.

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January 18, 2021, 02:59:04 PM
 #27

This happened because many investors didn't have the enough information and trust about the project. In the other hand, after each each price rise there is should be a price fall. Back in 2017, bitcoin price was rapidly rising high to the moon and because of that situation, the market price was really emotional. Just after some people were thinking bitcoin price won't be higher than this and they sold bitcoins the price fallen down and other people started panic selling. If the price had not crashed, we couldn't see these high prices. Because, after the price crash a golden opportunity happened for people to buy bitcoins.

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January 18, 2021, 06:42:54 PM
 #28

I wouldn't look at something to put the blame on. What happened is natural, lots of people sold it isn't like you were the only one.
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January 18, 2021, 07:15:56 PM
 #29

If I remember 2016 and 2017 was the best time to accumulate bitcoin because at that time the pay rate for sig-camp was BTC0.021/week and gradually decline since then.
I have bought and sell bitcoin and altcoins, could make good profits yet it can't compare to the current price; if I didn't sell my bitcoin and hold to date, but it doesn't work that way, there is no point to regret what happened in the past as we can do nothing about it, let it go and learn how to think and make immeasurable decisions, whether to buy, sell, or hold it.
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January 18, 2021, 07:30:52 PM
 #30

Quote
Sometimes I just look out for what to put the blame on, If I should put it on the government, because if there was job available after our education we wouldn't have sold our assets,
government again ? why people always find a way to put the blame on the government . on our country we already have a good government but no chance for people to change their habit . you know mate you can find a job with or without education , have you seen other kids or other people that dont have an education but still get their hands on a random job ? but you have an edge already because your in school and you can also work as while studying . its not the goverment that will find job for you

Quote
or if I should put the blame on heritage. of course if we had come from a wealthy background, we would have be rich and there won't have been any need for selling our assets, rather we would have bought more.
if you were rich you wont be here either .
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January 18, 2021, 07:37:44 PM
 #31

Well, that's what I think most of the investors will lose out to the needs. When they plan to hold on for the long term but at least I personally experience it too, in the end in the middle of the road there are always obstacles that require us to cash in on them and problems like this should be overcome and we can learn from that. But at times I personally am still not sure that a big dump will happen any time soon as in dismal 2018, because so far at least maybe in this first quarter the market is still very promising hope this happens all year round.

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January 18, 2021, 09:31:43 PM
 #32

The crash that happened way back at early stage of 2018 have become frustrating to all of us for the fact that after long years of existence, Bitcoin have attained its first largest ATH recorded in the late months of 2017 which gave hype to all of us and comes the entrance of many people wanting to get into Bitcoin because of that happening but all of a sudden have been burst out getting into dump which also drags down many people that have bought and get engage when the ATH happened. If ever Bitcoin price did not crash way back 2018 maybe many people are into Bitcoin since then because after the crash, many gets against Bitcoin once again calling it a scam when in the reality it just undergo the process of correction for it have been hyped up and gets into an increase all of a sudden. Well, it doesn't matter anymore discussing the past for we are already at the present getting into the future. Such happenings will now be just part of our past that left us learnings and lessons we can use.

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January 18, 2021, 10:36:00 PM
 #33

The crash that happened way back at early stage of 2018 have become frustrating to all of us for the fact that after long years of existence, Bitcoin have attained its first largest ATH recorded in the late months of 2017 which gave hype to all of us and comes the entrance of many people wanting to get into Bitcoin because of that happening but all of a sudden have been burst out getting into dump which also drags down many people that have bought and get engage when the ATH happened. If ever Bitcoin price did not crash way back 2018 maybe many people are into Bitcoin since then because after the crash, many gets against Bitcoin once again calling it a scam when in the reality it just undergo the process of correction for it have been hyped up and gets into an increase all of a sudden. Well, it doesn't matter anymore discussing the past for we are already at the present getting into the future. Such happenings will now be just part of our past that left us learnings and lessons we can use.
2017 was indeed a very challenging year for all of us and even when 2018 came, it gave us lessons to learn so we can still make profits despite of its sudden crash in the market. Although many have become frustrated on the market when bitcoin and altcoins price suddenly dump when we least expect it, but if we became wise enough to seize every opportunitues to make profits, then we might have made it when 2017 had became a bullish year end. I think it's not the market's fault but all things could be possibly rightfully done if the investors are wise enough and have not become greedy.


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January 19, 2021, 04:47:44 AM
 #34

If bitcoin does not fall in 2018, maybe in 2021 bitcoin will fall, the opposite is true in 2018, bitcoin price will fall and in 2020 to 2021 bitcoin price is getting better, just a sign that it's not too serious.

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January 19, 2021, 10:16:28 AM
 #35

The beneficiaries of this current boom are mostly the rich!

I disagree. Anyone who believes in Bitcoin reaching the top again is the real beneficiaries. Basically, it's the brave and the smart people, or a fool if you want to call them that. I'm not rich but I took the risk and I benefit from it greatly. Actually, anyone who's in this forum are the beneficiaries.

If bitcoin does not fall in 2018, maybe in 2021 bitcoin will fall, the opposite is true in 2018, bitcoin price will fall and in 2020 to 2021 bitcoin price is getting better, just a sign that it's not too serious.

No, there's a reason why 2018 crashed was inevitable. It's not as simple as, opposite of this and that. 2018 was full of scammers and doubts that made Bitcoin crashed.

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January 19, 2021, 11:44:18 AM
 #36

~
It hurts these days seeing the price of Bitcoin going higher and higher.....
~

My experience is very similar to yours. I was never able to "hodl" my hard earned BTC, because I needed money for living, and I cashed out a lot at $3k-$4k, and what is even more painful, I cashed out more than 0.5 BTC, all I had at the time, when the price was below $300 in 2015. Did I really need that money, $150, back then? Yes I did.

So, I know how you feel, mate, but let's not blame anyone. Let's study hard so that we could earn good money with our knowledge, without relying on the rate of highly volatile assets.

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bitterguy28
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January 19, 2021, 12:01:26 PM
 #37

The Bitcoin boom that took place in 2017 which lasted to early 2018, if it Market has not crashed then, indeed  Bitcoin would have made lots of young millionaires than what we have today.
If Bitcoin did not crash back in 2018 , then for sure only few people now can have even 10% of bitcoin ? imagine that the value will continuously grow and may Hit a Million by now.
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The beneficiaries of this current boom are mostly the rich!
Wrong , Because many of us like me had Hold my Bitcoin for some time just to see this Coming, and i'm not wrong because the effect of Halving brings us to this.
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Something it looks frustrating, and I know am not the only one that has had this experience.

I will like appreciate if you can share your experience so far here with us.!
Frustration wont give you anything but again Bad decisioning , better move on and find what the goodness brings of the past.

Reatim
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January 19, 2021, 12:07:54 PM
 #38

The Bitcoin boom that took place in 2017 which lasted to early 2018, if it Market has not crashed then, indeed  Bitcoin would have made lots of young millionaires than what we have today.


indeed  and i am maybe one of those as my Greediness brings me down in 2018 , from the Pump of 2017 till before december , friends keeps in telling me that i should sell all my funds and just wait for the crash but i did not listen.
Until it comes and i am trapped in the lower value from my extended investment so if bitcoin did not crashed then ? surely i am almost a Millionaire or more than now .
If bitcoin does not fall in 2018, maybe in 2021 bitcoin will fall, the opposite is true in 2018, bitcoin price will fall and in 2020 to 2021 bitcoin price is getting better, just a sign that it's not too serious.
What is not too serious ? Bitcoin or the situation ?

Bitcoin and Investors are  serious in the Business because this is a Volatile and a really expensive community compared to altcoins/









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Mars,           
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happen or be a part of it"

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johnnathanexo
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January 19, 2021, 12:39:53 PM
 #39

if bitcoin had not crashed in 2017, then a lot of people who have become millionaires today just by investing in bitcoin won't have existed as the 2017 crash allowed the price of bitcoin to come down and gave others an opportunity to cash in and invest big. It's just not about investing at the right time but also knowing when to invest and when to withdraw.  Platforms like Exocrow can be very useful in such a state. Here you can transact in digital currencies like bitcoin, ethereum, and litecoin, etc.
GeorgeJohn
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January 19, 2021, 01:00:50 PM
 #40

No one should be blame because I understand that the only someone can money in bitcoin, is to purchase and hold, and if you are not determine the possibility for you to sell you coins is not high, some persons sell bitcoin immediately them see a little bit differentiation between the initial and present and always triggers some user's to sell provided that their is profit, even though you are financial buoyant since the ideas of selling the bitcoin is existing between the owner you most sell it. Mate don't regret or blame anyone concerning selling your bitcoin... Lol.

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