Is everyone that got in late last year in the red now ? How bad is it ?

[carlfebz2]

I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.

If you can handle your investments well despite of the unpredictable market conditions, then there's no reason to stay in red. Although losses are inevitable in crypto, but you can also maximize your profits if you do invest with caution, and of course investing in potential coins like bitcoin.

Some prefer going for long term and some do really prefer on going short term and this is where decisions or price actions would really be varying into each person because not all would really be having that hodler

like kind of mind on where you could really afford nor sustain on waiting up for a very long time just for mere profits.Well, potential is there but cant really be avoided for some times that
our patience is really been testing out.

Market is unpredictable as always, there might be some similarities or patterns compared in the past but it wasnt really that a precise one for you to rely those infos.

[1715298576]

1715298576

[nullama]

This question can be answered with the hodl line:



If you have held your coins for at least 3 years, 4 months, and 4 days, it doesn't matter when you bought them, you're in the green.

[Fundamentals Of]

Those who made the purchase late last year are at a loss of course. They must be around 50% below their entry price. But this should not be registered as a loss because this is only paper loss. And the decision will be theirs. If they think this is now the time to let go of their Bitcoin then they are deciding to take the loss permanently. But if they are deciding to hodl and keep their Bitcoin despite the bear market, not only will they not incur permanent loss they will also make some gain later on. Needless to say, the latter is the better choice.

[lienfaye]

I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.

But did you sell some of your Bitcoin last bullrun or you prefer to keep holding?

For investors who bought Bitcoin few years ago, the current price is still good to sell because its more than the price they bought their Bitcoin. I also prefer to be a long time hodler however there are times you'll be tempted to sell especially if the market is in bullrun. But this time I'll do my best to hold because its really profitable to keep your Bitcoin for long period.

[taufik123]

-snip-
For investors who bought Bitcoin few years ago, the current price is still good to sell because its more than the price they bought their Bitcoin. I also prefer to be a long time hodler however there are times you'll be tempted to sell especially if the market is in bullrun. But this time I'll do my best to hold because its really profitable to keep your Bitcoin for long period.

Holders are always winners, especially if they have bought bitcoin a few years ago. But taking a little profit or at least taking the initial capital is very important when a bullrun occurs. it will keep your capital safe. But if you choose to withhold all that is your decision. but there must be a target that really must be achieved. don't hold back without a target, you certainly won't hold it for life.

[crwth]

I know some people who just got into crypto last year, and I think they regret some of their decisions, but they would only want to profit in the short term. They want quick and easy gains, and I do not think that has a lot of chances when you are trying to chase profits instead of being consistent.

The best way is to preserve capital and knows that you can win the trading game if you are consistent enough.

[SpenserReed]

I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.

Good to hear that, the earlier you have invested in crypto, the longer you will stay green 

[Ozero]

I think about 99% if not 100% OF the vast majority that got in late last year are definitely in the red now. Though everything I have here is still my profit but every single investment made Mid-december of last year are dipped 80/85%.

Yes, this is periodically repeated in this market. Increasingly, I am convinced that if there is a good return on investment, you need to use it and not expect even more growth in our cryptocurrency. I have a significant part of my cryptocurrency investments in ethereum, and in connection with the renewal of this network, I assumed that there would be a further growth of this coin, and therefore I did not even sell it partially when its price was above $4,000. And it turns out, in vain.
For now, we need to keep our cryptocurrency and not particularly look at their current small price. We do not incur losses until we sell our coins and tokens at these low prices.

[bitterguy28]

I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.

If you are aiming for long term mate then what should be the problem here ?  because I see no issue since you have already Held the coins for years now then there is something waiting for you in the next couple of years more.
so let no one hinder you from keeping it more , because halving is near to come and surely you will be thankful for why you keep the coins that long.

[RNGBased]

Depends on the entry and the planned length of your investment. Even if you have bought high last year you can still get out with profits on the next market switch. I prefer the money i invest to consider them gone or locked, so i don't overthink the IFs that always come..

[Mauser]

I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.

It is a bit hard to tell for me because I bought bitcoins over a longer period of time. I know that my last bitcoins I bought I got around 35,000 USD. So these would be in the red, but I also got some coins for 15,000 USD in 2020, and at 30,000 USD in 2021. Because of too many smaller purchases I stopped tracking all different prices. The last time I had an average purchase price for all my coins it was 28,500 USD. Right now I think I am pretty much at my break even point. Bitcoin for me is a long term investment, I am not worrying to much about short term volatility and will definitely not sell right now. It's just a matter of time for the bitcoin price to rebound and rally again.

[molsewid]

I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.

That's good, you bought some tokens when the price is not that high, I don't have many tokens in my asset now just nft. It is not yet painful for me since I converted my asset when the year started. I am not a long term hodler just a short time hodler . I wonder how many new people in the market gets so down and depressed because of this red days.

[Kakmakr]

This is the wonderful thing about Bitcoin..... You can come in at any time... and be anywhere you like, but if you hoard long enough...and if you are patient... you get rewarded. I made over 800% profit on my first coins and I hoarded for years..... going through all the Spikes & dumps and I was rewarded with a huge profit.

So, spend on bitcoins as much as you can lose at any given moment... do not panic sell.. and you will be fine. Most people who lost money on Bitcoin...was those people who spend money that they had to borrow.... or that they had to convert back to fiat too early. 

[Mpamaegbu]

I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.

I'm sure that will be in 2020 if you got in two years ago. You may be in green now according to you but you're also not at maximum ROI if you factor in that you hedl it while it got to ATH in 2021 and then dumped. You're in green now but in the real sense you're also in red.

For those who're in red now, don't panic. And don't sell, except you need the cash badly. Keep hodling, it will recover. That's my advice. Bitcoin has always recovered.

[aoluain]

Buying bitcoin or altcoins in the last 3-4 months is like playing with fire. Everyone who has been with bitcoin from 2017-2018 knows that it will soon explode, dump and break. I was trying to prevent my friends to stop chasing bitcoin, altcoin, or stocks but the only thing they can hear is the illusion of a "cha-ching" sound. Though investing in bitcoin is better than others, people are still suffering 30 to 50 percent in the loss. The tough time I guess. Now, what I can say to them is to hold and to wait. Patience is the key to leading us to success, no matter which fields you are working on

if they won't sell now, they won't suffer loss, right? that is, if they bought more than 30k. and if they do believe in this market, they can always accumulate more while we are in the 30k range, don't wait when btc is already in 40k or 50k. and regret that you haven't bought when it went down to 30k and below. some may be in red now considering the current market price, but as i said you won't incur loss if you won't sell. the reason why you bought btc is because you are a strong believer of this market. at some point in the future you will cash out with profits. so yes, better hold if you have no reasons to sell.

As long you wont really be selling out those floating losses then it isnt something considered to be a total loss since its not been materialized which people should really be careful on making out decisions because that would really be in result on regretting when you arent really that mindful towards your actions or on how this market behaves.If you are still that in green despite of the correction or plummet of the
market but still you do able to make yourself safe but the duration of holding is way too long or far off which means that you are the ones whom do decide whether its worth the wait or you should
have sell out before when price is playing around 40-50k and buyback when it hits up 25k.

Correct!

If you buy Bitcoin and still see it as FIAT you are going to be thinking Red and Green
depending on how the markets move. If you think in terms of Bitcoin and Satoshi amounts
in your wallet they dont change by the movements in the markets.

Secondly in times like this its best not to get hung up on the short term movements
in the markets, think medium to long term.

[Slow death]

Just imagine that last year many people bought bitcoin for the price of $55000 and there was even a government that bought many bitcoins in the range of $42000 and up, and I wonder: was it a good choice for that government to take money from the people and buy bitcoin for the price of $42000 and up? looking at the current price I realized that it was not a good choice, but as many people have said that the most important thing is to do long term hodl so maybe very soon the price will increase a lot to the point of getting back to $60,000

[Desmong]

I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.

Bitcoin is all about timing, not just buying and holding. Everything we do in this life should have strategy that is why we need to ask questions from good source before taking a particular decisions. We need to buy at the dip so we can make a profit than buying at the top. Op was able to target the market and bought and still holding still now with profits which is a great investment.

[Zilon]

i bought some coin late last year and i am still in the dip although i traded some at a point just to meet up with the volatility but still suffered more dip. I have resolved to patiently holding. When it comes to Bitcoin investment i just apply patience as a key strategy. Last year i still remember buying bitcoin at $55k and $43k with so many positive speculations here and there for bitcoin to hit $100k by the end of the year. Now it has even fallen below my last entry point

[Vaculin]

I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.

Not really in red as i have managed to sell some of my coins before the market starts to become bloody. For now, hodling is still my best choice as there are less activities for now that will create profits. However, those who have bought coins when the prices are still in peaks, surely their investments are in loss right now, but as long as they don't sell with the current price, they will never be totally in loss.

[Mahanton]

I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.

Not really in red as i have managed to sell some of my coins before the market starts to become bloody. For now, hodling is still my best choice as there are less activities for now that will create profits. However, those who have bought coins when the prices are still in peaks, surely their investments are in loss right now, but as long as they don't sell with the current price, they will never be totally in loss.

Just to mind off sensibly on how to make profits in short term duration without needing on holding for how many years is that you should really be wise on taking or having selling decisions which you couldnt
really be having that kind of patience test out since not all does have that long temper for them to wait for their investment to grow.As speaking with bear market then it could be compared but on the
sense that this had been the common path where a market does have then its not a surprise nor a shocking scenario for us to mind on but instead it would be wise on making
some buying decision on times like this.