Brought Bitcoin in 2017 and sold in 2018

lepbagong

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Quote from: ksridharprasad on March 04, 2020, 11:01:11 AM

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.

this is a form of investment, which can be profitable and can be detrimental. so it is natural that investment will occur like this, just maybe different people who disclose.
unfortunately is you convert your bitcoin to altcoin which is actually by holding bitcoin then the losses will be even smaller than converted to altcoin which is also unstable because they all depend on the movement of bitcoin itself.
there is nothing to be sorry about but this is learning for the future can be even better because have learned from mistakes.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Darktongue on May 12, 2020, 05:16:21 PM

I think you're the luckiest person, you bought Bitcoin before bullrun.

I think the user said "unlucky" and not lucky. But it depends on perspective of what the trader wants. Grin

Quote

Now you know how to handle this situation. Cryptocurrency situation is becoming more good before 2018. Everything will be same after halving is over. Next year the whole crypto cap will be trillion l, so you don't need to worry about your hold Ripple.

Well your post before halving and now that halving is over nothing really changed to bad did it? Rather bitcoin on average is above 9k USD everyday now and holding that level. Its not coming down easily from there but you can expect it come down in case someone decided to dump their stash.

Ripple is a centralized shitcoin, just because it gives a fast transaction does not make it better as a store of value. Maybe it can be thought as a quick transfer method at the most. Tongue

Btc_1856

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Quote from: Darktongue on May 12, 2020, 05:16:21 PM

Quote from: ksridharprasad on March 04, 2020, 11:01:11 AM

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.

I think you're the luckiest person, you bought Bitcoin before bullrun. Now you know how to handle this situation. Cryptocurrency situation is becoming more good before 2018. Everything will be same after halving is over. Next year the whole crypto cap will be trillion l, so you don't need to worry about your hold Ripple.

That is the best choice because the OP understands the situation of the market and sold them in 2018. People who sold coins in 2018 will buy the Bitcoin again in 2019 because they might get more Bitcoins, now everyone is very positive about the future of cryptocurrency which the total volume might increase in the future.

stomachgrowls

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Quote from: spike420211 on May 23, 2020, 06:45:50 AM

It is very harmful to remain in negative thinking for a long time about things that you are not able to crush.
Yes, you missed the opportunity, but this is not the last opportunity in your life.
Constantly thinking about your mistake, you are unconsciously inactive, which means in this state you will not see new opportunities that appear on the crypto market constantly.
Open your eyes wider and look to the future and not the past.

Easy to say but actually hard to move on since we know that there are mistakes that do really keep haunting us until into the present.

Experience would be the main thing that will help you out to overcome these negative insights or vibes into your crypto investment career.

This wont be an easy journey but at least can really be handled out if you do know on what you are doing.

Quote from: Darktongue on May 12, 2020, 05:16:21 PM

Quote from: ksridharprasad on March 04, 2020, 11:01:11 AM

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.

I think you're the luckiest person, you bought Bitcoin before bullrun. Now you know how to handle this situation. Cryptocurrency situation is becoming more good before 2018. Everything will be same after halving is over. Next year the whole crypto cap will be trillion l, so you don't need to worry about your hold Ripple.

Being optimistic isnt bad but dont hope that much on where you do already presume that we would able to hit up a trillion cap because it is nearly impossible to happen.Well everything is possible but expectations that are too high would really be painful if you do expect for something that havent been achieved even in our lifetime.

Thing here is that he do know on how to hold and do know on whats the situation rather than selling those coins due to panic.
Its still good that he do have still those coins into his bag and still waiting for the right moment.This is truly a test patience which
anyone cant easily do.

spike420211

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It is very harmful to remain in negative thinking for a long time about things that you are not able to crush.
Yes, you missed the opportunity, but this is not the last opportunity in your life.
Constantly thinking about your mistake, you are unconsciously inactive, which means in this state you will not see new opportunities that appear on the crypto market constantly.
Open your eyes wider and look to the future and not the past.

Darktongue

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Quote from: ksridharprasad on March 04, 2020, 11:01:11 AM

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.

I think you're the luckiest person, you bought Bitcoin before bullrun. Now you know how to handle this situation. Cryptocurrency situation is becoming more good before 2018. Everything will be same after halving is over. Next year the whole crypto cap will be trillion l, so you don't need to worry about your hold Ripple.

jostorres

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Quote from: ksridharprasad on March 04, 2020, 11:01:11 AM

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.

There is nothing like being the most unluckiest person, it just happened but that's not the end, there are still a lot more opportunities in the Future. I hope you have not sold your coins now, because if you have, then that's when I would say that you're unlucky. But, if you have not sold your coins and you still have them till now then you should still consider yourself as a lucky person because this is not yet the end, the price has been going up and if you continue to hold your assets, I know for sure that you will soon make a lot of profit.

The halving is already close and we don't know what's going to happen next, the price might skyrocket. I am very much sure about seeing a new ATH before end of this year. Who know? Because, some people are speculating about $100k price levels for bitcoins within 2020 due to corona outbreak, economic crisis and stock are not attractive anymore.

AakZaki

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Quote from: ksridharprasad on March 04, 2020, 11:01:11 AM

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 make a mistake because you don't analyze what you want to buy.
At this time you have to be patient enough and set targets for display. If you sell it now you will experience quite a lot of losses.

Your expectations in cryptocurrency can happen as you wish, but you must be patient.

It's not just you who experience things like this, there are still many people experience things worse. Currently you can only focus on the future, how to get profits back to replace the losses in the past.

Becky666

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Unlucky on your part if you're saying the real truth on this. The market was green when you came into the business and regretted you ever bought bitcoin at that time. That's the issue with those who like to buy or enter into the market when the bullrun has been activated. Study the market would.be the first point of call to you as a new investor but you forgets that. Though holding those coins on a long-term will definitely increase your chance of selling for profit when the bitcoin halving get into action. Next time ensure to get prepare before the bullrun get in to avoid this scenario. Hodl on, we're almost there when profit will be sure.

Kelvinid

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Quote from: thesmallgod on May 05, 2020, 09:21:27 AM

Quote from: pawanjain on March 07, 2020, 10:47:30 PM

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.

That is what exactly majority of people are in for. Just for a quick profit if he's in because of believes, he probably have been in it for along time ago. He joined in 2017 which was when the price was going high. He must have heard about it as a means of getting quick money and now he's considering selling back if the price rise during halving

Weak hands will easily get slip into this. Know that not all crypto holders have that strong charisma and could hold their assets even the crisis appears. Maybe we could say it was a stupid thing to do but I also believe that they deserve such understanding coz I know they have a big reason why they do this. It wasn't really as desperate action but probably they need the money and so giving no other options take but have to sell it even they are losing.
Quite that familiar, though.

thesmallgod

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Quote from: pawanjain on March 07, 2020, 10:47:30 PM

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.

That is what exactly majority of people are in for. Just for a quick profit if he's in because of believes, he probably have been in it for along time ago. He joined in 2017 which was when the price was going high. He must have heard about it as a means of getting quick money and now he's considering selling back if the price rise during halving

Golftech

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Quote from: slaman29 on May 05, 2020, 03:33:46 AM

Quote from: imstillthebest on May 05, 2020, 01:14:50 AM

you might be unlucky from that time but im sure you are lucky on other times too or on other stuffs not just on crypto and besides you are not the only one that bought btc that time but there are many people too

People need to realize more that they were lucky if they bought anything in early 2017 and sold in late 2017 or early 2018. At least I know I was lucky I managed to get in and out of most coins (but also unlucky to get in some and never get out haha).

I keep saying, we're lucky and it's all about timing. Accept that, or think long term and invest in bitcoin as a multi-year project.

Precisely, those who bought before the huge rise happened early days of 2017 and able to sell out also in the early days of 2018, but if you bought it from the hyped and sell it out when dumped take place then for sure your loses are huge. In this kind of industry where volatilities are always present knowing the right timing will give you higher chances to earned. It's all about knowing the venue where you will going to place your investment.

Sadlife

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It seems you have a chance to correct your mistakes in 2018 because Bitcoin has retest the $3000 level, if you have waited for a dump and bought in the dips then you should good profit right now.
But if you have long term perspective then you should probably hodl and dont sell especially when a major event is coming such as the halving.

bitcoin31

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Oh I think you should more patient because we know that many people are loosing more money because of they bought high coin also but they have patient and strategy so for sure they are already recover because if you buy more coins again when the crypto dump and you invest you will have more money or you get recover because market now is doing good.

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Quote from: imstillthebest on May 05, 2020, 01:14:50 AM

you might be unlucky from that time but im sure you are lucky on other times too or on other stuffs not just on crypto and besides you are not the only one that bought btc that time but there are many people too

People need to realize more that they were lucky if they bought anything in early 2017 and sold in late 2017 or early 2018. At least I know I was lucky I managed to get in and out of most coins (but also unlucky to get in some and never get out haha).

I keep saying, we're lucky and it's all about timing. Accept that, or think long term and invest in bitcoin as a multi-year project.

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Quote from: TheUltraElite on May 05, 2020, 12:41:05 AM

Exactly, they take it that diversifying means putting money into more and more altcoins and thus increasing their chances of loss. Diversification is for managing risks associated with one to the benefits associated with another, but hey people are stupid and others are using that to their advantage.

ETH is not going to reach anywhere near bitcoin. Maybe by price measures it will be the next highest priced after bitcoin but it is not what the crypto ideals is and bitcoin will always be number one there.

Yup! You're not diversifying when you spread your crypto investments into more crypto. That's just diluting your crypto investment, gambling for quicker returns and risking good capital.

You're diversifying when you add bitcoin to your portfolio. Anything else at this point truly is speculation.

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Quote from: imstillthebest on May 05, 2020, 01:14:50 AM

you might be unlucky from that time but im sure you are lucky on other times too or on other stuffs not just on crypto and besides you are not the only one that bought btc that time but there are many people too . hope you learn a good lesson with it that we must not buy at a high price because the price can usually dump after that and we wont know if when will the price recover again . so if you are not patient enough you could end up selling your coins at a low price that leads you to loose and regret later on . stellar is already good to and should not be converted to ripple imo

Patience will reward us success if we can hold enough in a long period of time.

You definitely has to learn more, study the market its past trend so you'll understand that investing in crypto is not a waste of time, eventually the time that we are all waiting for will come, it doesn't matter if we bought at the peak as for sure, bitcoin will rise again and will make a new ATH, and that is the time we should all be waiting for.

imstillthebest

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you might be unlucky from that time but im sure you are lucky on other times too or on other stuffs not just on crypto and besides you are not the only one that bought btc that time but there are many people too . hope you learn a good lesson with it that we must not buy at a high price because the price can usually dump after that and we wont know if when will the price recover again . so if you are not patient enough you could end up selling your coins at a low price that leads you to loose and regret later on . stellar is already good to and should not be converted to ripple imo

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Quote from: kaneki007 on April 17, 2020, 11:50:19 AM

I'm sure there will be many unlucky people like you, but this is crypto, has risks. I think there is still hope because in 2020 there is still a long, coin that you hold can be sold and give you profit. I also bought a few coins at the time of the bullrun but I still believe that one day prices will rise again as in 2017.

in fact, many people have felt that since 2018. that is because the pump that occurred at the end of 2017, and early 2018 made many people think that crypto will return to the pump again. however, that did not happen, and it worsened until 2019. well, now, halving will happen again, and I think many people are preparing their assets.
Well, it happened, now hold the assets you have, and think about selling it at a high price in the future.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: buwaytress on April 25, 2020, 12:39:03 PM

People need to remember, diversification means investing in Bitcoin, in addition to traditional assets. Putting your money into more of other crypto isn't investment, but speculation. Perhaps ETH might get to Bitcoin's level some day, but if you're putting in more money into crypto just to put it into an alt, that's increasing your exposure to crypto, not diversifying.

Exactly, they take it that diversifying means putting money into more and more altcoins and thus increasing their chances of loss. Diversification is for managing risks associated with one to the benefits associated with another, but hey people are stupid and others are using that to their advantage.

ETH is not going to reach anywhere near bitcoin. Maybe by price measures it will be the next highest priced after bitcoin but it is not what the crypto ideals is and bitcoin will always be number one there.

Quote from: Lizzylove1 on April 26, 2020, 10:37:12 AM

I am thinking about my 2017 loss anymore because of progressive gain.

It is actually bad that people who put their money into bitcoin during the pump were actually manipulated into going FOMO and not buying at a dip. Now when the prices are down people start saying that bitcoin is never going up. Its ironic how much disparity in there in balance of the mindset of traders here. Either their brains have fried with unlimited use of weed or they are just plain stupid.

Topic: Brought Bitcoin in 2017 and sold in 2018 (Read 1338 times)