If bitcoin price had not crashed in 2018

[RondoAnyar]

The fall of bitcoin in 2018 can be used as experience and analysis for bitcoin in the following year. it took 2 years for bitcoin to recover. right now I think if bitcoin is experiencing a downturn we should try to take advantage of this situation properly and hold on for the next 2-3 years in order to enjoy high prices like 2021.

[Wulan_maniez]

Frankly, I am very moved to hear your story here, when you have to sell TV and  other  household  goods  and musical instruments to invest in bitcoin.
By the way, which country are you from? Maybe it’s not just you who feel hit by the current price of bitcoin, especially if it was once at the price of 41k.
But it’s very lucky for those who bought low in March 2019 and sold at a height of $41k. But with the decline of every bitcoin increase,
we can re-prepare everything to invest.

[LogitechMouse]

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.

Blame yourself because of what you did .

There are many ways to make money and selling your assets that you believed that has a good future must be your last resort but it seems like that it is the only option that you saw at that time. Now you are feeling regret and pin pointing persons to blame in what you did. Being in a wealthy background doesn't matter. What matters is you know how to earn money at that time.
To answer your question, if Bitcoin didn't crash in 2018 and continued to go up on that year then it will be a far more disastrous market the next year. We already saw Bitcoin moving up and up and after that huge red candles will appear on its chart and it lasts for weeks. I don't have any experience at that time since that is the time when I'm still learning the basics of Bitcoin so I chose not to invest any money at that moment.

[seagates]

Bitcoin was not able to keep prices so big in 2018. Growth was too fast, institutionals was not in the game. So, as for me, discussion like this is pointless because probabilty of btc drop in 2018 was too big

[In the silence]

There's such ups and down on our life specially when it turns to selling our assets because we needed to for some urgent errands but rather than that, those who has a stable financial income are those who can afford to hodl more years on bitcoin. It was the reality for the most of us here but it doesn't ends with that case. There's lots of stuffs you can do rather than hodling BTC to gain profit.

[Betwrong]

There's no point in regretting what happened, you can't hope Bitcoin doesn't crash in 2018. Due to the fact Bitcoin crashed in 2018, and don't blame
others for what happened to you. You must be able to move on and make your failure to invest in Bitcoin a lesson. It's never too late to restart investing
in Bitcoin.

My advice is that you find a job that has a decent salary, then buy Bitcoin every month from the salary you get. It doesn't need to be too big, just
10% of your salary is buying Bitcoin every month. After 5 years you will feel a huge profit, because the price of Bitcoin will continue to rise.

If you were saying this when BTC was around $3k, I would agree with you, but today, when we are at $30k+, idk. What makes you think that someone who buys today will be in a "huge profit" 5 years later? Don't get me wrong, I too think that we'll see a new ATH. but, firstly, it won't be that huge, $60k, maybe, secondly, it can take more than 5 years.

Yet, I agree with you that buying BTC with a portion of your salary is a good idea. I just want to suggest to spend 5% on that instead of 10%.

[scottsanderman12]

Bitcoin was not able to keep prices so big in 2018. Growth was too fast, institutionals was not in the game. So, as for me, discussion like this is pointless because probabilty of btc drop in 2018 was too big

I agree, because in 2021 supporting BTC are too hight and many investors are looking in BTC side.

[wiss19]

I am sorry about the experience you have had in this community, you shouldn’t blame yourself for it and I don’t think you should blame anyone either. It has happened, and instead of looking for who to put the blame on, it’s best that you look for opportunities that you can use to escape poverty.

It is difficult for you, but you’re not the only one, there are also others that are going through the same issues. Just try to work hard and help yourself out. I wish you were able to hold those coins till this last ATH that reached $41,000.

[inanilujimi]

there is nothing to blame, it all depends on how we make choices, my experience with bitcoin is the most I remember in 2020 at the beginning of the pandemic and there was a lock down in various countries to be precise in March which made things difficult and had to sell most of bitcoin at a price around $ 7k. It is ironic indeed if it turns out that the pandemic that initially scared me would continue to fall but on the contrary bitcoin grew as if it couldn't be stopped. but I feel that this is a process that must be passed to get to something big.

[UmerIdrees]

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.

After every pump, there is a correction. Most of us were new to crypto and got REKT because of that 2018 bear market. Even if bitcoin reaches 150,000$ approx. value in this year, we will see another bear market so we should be ready for that too.

[Kong Hey Pakboy]

We both have a similar experience, mate, that I started investing in bitcoin and other cryptocurrencies in 2017. Unfortunately, after bitcoin reached its ATH price in 2017, I didn't expect that it will suddenly go down, so I still hold my bitcoin by that time because I assume the price will go up again, but it didn't. I started selling half of my bitcoins in 2018 because I need funds to support my family's necessities.  So there is a regret seeing bitcoin increasing its price without recovering half of my funds and not able to grab the real opportunity to have a considerable amount of bitcoin.

[Pattiefll]

If bitcoin price had not crashed in 2018，bitcoin should not be recognized by so many people, and no one will continue to invest in Bitcoin.

[AngelaT34534]

The reason why the rich become rich is because sometimes they can see opportunities that we can’t see. Although you missed Bitcoin when you were a student, there are still many cryptocurrencies to choose from. Sushi is a good opportunity.

[Betwrong]

The reason why the rich become rich is because sometimes they can see opportunities that we can’t see. Although you missed Bitcoin when you were a student, there are still many cryptocurrencies to choose from. Sushi is a good opportunity.

Although true, the keyword here is "sometimes". The further we move forward into the age of high technologies, the more opportunities for those people who are struggling to learn as much as possible. Rich folks are lazy for the most part, and eventually they will lose this competition.

[Oasisman]

The reason why the rich become rich is because sometimes they can see opportunities that we can’t see. Although you missed Bitcoin when you were a student, there are still many cryptocurrencies to choose from. Sushi is a good opportunity.

Not really, some of us who is poor could see opportunities but doesn't have enough wealth to pour good amount of money to that specific investment (Bitcoin for example), or It could be poor people doesn't have enough risk tolerance thinking about how limited their wealth is. Perfect example is the OP, necessities pushes them to sell their Btc early while the price was down. These young men sees opportunity in Bitcoin typically not everyone in their younger years.
Sad reality is that, rich people could easily make more money than the poor people.

[kpierce77]

I also experienced something similar to you. not only with bitcoins, even with altcoins. but that's the beauty of investing in crypto. the market runs very fast and also very volatile, so it is almost difficult for you to predict the next market. So yes, we know that experience is very expensive, and we have to move on, so that we can learn from mistakes. here what we can take is, if you are already get a chance to make profit, then don't wait, because maybe the opportunity doesn't come twice and only happens once in your lifetime, take advantage of the opportunity as best as possible and quickly move on. it's what it's all happened and we can only use this as a lesson for future investment.

[mezzaluna]

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.

The beneficiaries of this current boom are mostly the rich!

Am using myself and that of my friends as a case of study.
In year 2015 we were schooling then, and there was no money for us to invest, we wanted to invest in bitcoin for future purpose, we saw the potentials of bitcoin and what it outcome will be in years to come, I remembered selling my TV and some other household items, and my friend also selling his musical instruments to invest in bitcoin. We were happy doing this because we believe in the future.

In 2017 during the first bullrun, we couldn't sell any of our assets because we were still schooling, the primary purpose of our investment was to have something to live on after our education, but fortunately the market crashed before we could graduate.

And after our graduation from school we couldn't help it, we needed to start a new life, hence selling our assets were the only option.

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

Something it looks frustrating, and I know am not the only one that has had this experience.

I also encountered the same thing when we were at our University. Me and my friends started learning about Cryptocurrencies during 2017 BEFORE the bull run then we joined lots of Alternate Cryptocurrencies campaign that really boosted our knowledge regarding Cryptocurrencies but some of us forgot to sell some of those Cryptocurrencies that would have made us financially stable as a student. Then 2018 came, we joined different kind of Airdrops and I was really sure that most of us would really pursue a career within Blockchain Technologies and Cryptocurrencies when Bitcoin's bull run did not stop during 2018.

[btc78]

The reason why the rich become rich is because sometimes they can see opportunities that we can’t see. Although you missed Bitcoin when you were a student, there are still many cryptocurrencies to choose from. Sushi is a good opportunity.

Why Just EAT YOUR SUSHI ? and  don't give here as an option because that Sh!t project will going anywhere in cryptospace.

I also experienced something similar to you. not only with bitcoins, even with altcoins. but that's the beauty of investing in crypto. the market runs very fast and also very volatile, so it is almost difficult for you to predict the next market. So yes, we know that experience is very expensive, and we have to move on, so that we can learn from mistakes. here what we can take is, if you are already get a chance to make profit, then don't wait, because maybe the opportunity doesn't come twice and only happens once in your lifetime, take advantage of the opportunity as best as possible and quickly move on. it's what it's all happened and we can only use this as a lesson for future investment.

Just don't lose the momentum , if you Lose now there are other option to choose from . Lets make XRp as example , after the case was filed the value Fells down very Hard but look now , increased more than 100% in 24 hours so basically it is either manipulated or a real increase but the thing is it recovers.

[Raflesia]

The reason why the rich become rich is because sometimes they can see opportunities that we can’t see. Although you missed Bitcoin when you were a student, there are still many cryptocurrencies to choose from. Sushi is a good opportunity.

Not really, some of us who is poor could see opportunities but doesn't have enough wealth to pour good amount of money to that specific investment (Bitcoin for example), or It could be poor people doesn't have enough risk tolerance thinking about how limited their wealth is. Perfect example is the OP, necessities pushes them to sell their Btc early while the price was down. These young men sees opportunity in Bitcoin typically not everyone in their younger years.
Sad reality is that, rich people could easily make more money than the poor people.

Not really, I will not differentiate between rich and poor who see the opportunity for everything to come back to us, how to see the whole coin that we observe, but some of that is how it is invested so it remains if we put a lot of capital and choose the right coin, the profit will be even greater. same thing also by putting small money then the profit will not be big, so we see how we correct the market conditions and that's the best person to choose the top coin.
Cannot distinguish wealth, but lower people can also benefit from existing capital.

[Question123]

The reason why the rich become rich is because sometimes they can see opportunities that we can’t see. Although you missed Bitcoin when you were a student, there are still many cryptocurrencies to choose from. Sushi is a good opportunity.

They have experienced a lot than us so they see the future happen and they know what is going to happen so during the 2018 when the price of the bitcoin dump or even the altcoins they grab the opportunity to have this because the price is good on the year so this year they are ready to get the profit and their patience in waiting is really worth it because they get a lot of profit and most of them they get millions of dollars when the bull run started so every time we are here in the crypto it's better to not waste it keep learning and improve your strategy because it will turn for you to get more money.