Brought Bitcoin in 2017 and sold in 2018 - page 4.

GreatArkansas

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Quote from: ksridharprasad on March 04, 2020, 12:01:11 PM

(....)
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 an extreme worst-case that also happened to me. By having altcoins by those days, I also experienced this, holding altcoins which almost 50% lost on those days, what I did was I converted all of them to Bitcoin and no regrets, I accepted all my lost before but I am still positive since I converted those in Bitcoin and hoping that Bitcoin will able to cover those losses.

Kasabus

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Quote from: thisnewcoin on March 27, 2020, 02:14:30 PM

You did a big mistake by converting Bitcoin into some altcoins! If you had a strong faith in Bitcoin, then you could make good money as Bitcoin price went to almost 14K USD in 2019! However, forget the past, if you still holding those altcoins, then holding them for a couple of months more. Because after the coronavirus outbreak ends, we can see a good boost in the crypto market which will boost your altcoins too! So, wait for that. Good Luck!

Yes. There's no use of bringing your mistakes into the present time because it will only disappoint you and lose your focus on your current investment. That was really a big mistake but what is important is you learned from it. Who knows? You can still make profits from your altcoins in the next few months if bull run will come into reality.

rexxarofmoknathal

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Plenty of people are much less lucky than you.

There have been people that spent 10,000 BTC on two pizzas, and others that lost hard drives containing thousands of Bitcoins.

You lost a few bucks because you entered a market you don't understand. Get over it.

If you think you can enter at the highest of a bull market then still make a profit just months later, think again.

hahay

legendary

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I don't understand what you're saying because you initially sold at least 0.5 BTC at the time, whether you immediately cashed it or not it's still unclear I think, because on another occasion you converted to Stellar or this is a different case and I think what you are doing I still cannot understand but nevertheless, holding it at the moment is something we must do because the price is still low, it would be better for us to buy than sell.

thisnewcoin

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You did a big mistake by converting Bitcoin into some altcoins! If you had a strong faith in Bitcoin, then you could make good money as Bitcoin price went to almost 14K USD in 2019! However, forget the past, if you still holding those altcoins, then holding them for a couple of months more. Because after the coronavirus outbreak ends, we can see a good boost in the crypto market which will boost your altcoins too! So, wait for that. Good Luck!

coinfinger

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Quote from: ksridharprasad on March 04, 2020, 12:01:11 PM

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.

That’s not the end. You just have to relax, there is still the opportunity for you to make profit back. You just need to have patience till the price of bitcoins crypto assets gets back to the top. The only thing is that it’s probably going to take a long time before the price goes up again, and with the current situation I don’t really know if we should still be hoping for an increase to take place this year.

I have been expecting the bull run to take place this year after the halving on May, but I don’t really know how it’s going to be now that this pandemic has taken place. But if this year should pass, I believe next year wouldn’t.

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.

Assface16678

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Quote from: Question123 on March 27, 2020, 08:32:13 AM

If you think that you are unlikiest person you are wrong because you are not the only one who invest during 2017 because they have a lot of people who invested more than hundred thousands upto millions dollars and they losing a lot of money when 2018 came.

They still investors who hold their coin because they want to get back what they lost but they have already give up because they are scared to lose more.

I salute to all investors who are brave enough to hold the coin even they losing a lot of money because they did not panic selling and I hope they will get a good return for waiting so long.

He is not the only one having bad luck into the investment of the bitcoin from the previous years because there are a lot of investors taking risk their money to make more income with the help of it. But still as a user, trader and investor of a currency to we need to make sure we have enough knowledge and skills to do this kind of risk but still, no one can make it over and conquer the market volatile because it depends on the people how does it will run, but sometimes market graph shows a sign what are the possible happens on the market price and also we can focus on it to be more aware.

Question123

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If you think that you are unlikiest person you are wrong because you are not the only one who invest during 2017 because they have a lot of people who invested more than hundred thousands upto millions dollars and they losing a lot of money when 2018 came.

They still investors who hold their coin because they want to get back what they lost but they have already give up because they are scared to lose more.

I salute to all investors who are brave enough to hold the coin even they losing a lot of money because they did not panic selling and I hope they will get a good return for waiting so long.

miningguru

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People who bought the Bitcoin during at the end of the December 2017 and sold them in 2018 we don't know exactly what are you purchasing dates and sold dates. This will ensure whether you make a profit or not you didn't mention about it if you manage to hold them when the price of Bitcoin reaches 13000$ in the last year. It will help you make some recovery about the price of Bitcoin.

FanEagle

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I can understand this, I mean people do have fear in them and they have always feared that they may lose a lot more money. Maybe you and I know what bitcoin is and when to buy and when to sell, however newer people do not know that and I can understand it. When you have 50k that suddenly starts to worth 10k, you are afraid that you will lose that 10k as well, that is why it is seriously impossible to put yourself in their shoes since everyone has different emotion levels.

Some people feel a lot worse during the same thing than you and I may feel. All in all panic sellers probably has a good reason to panic and psychology is actually a lot more important in these type of decisions. I was one of those people who bought in 2017 and sold at peak but that doesn't mean I do not understand others.

Vaculin

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If you stop investing, you'll never gonna be successful, don't feel bad mate, everyone makes mistakes but if you learn from that mistake, you'll surely be profitable the next time. Actually you are not alone, a lot of us experience the bear market and some force to sell their holdings at a lose, but this market will bounce back, you need to wait for that time, when you invest and you don't have patience, you'll likely not gonna last here longer.

maxreish

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Sorry to hear about that. But you are not alone experiencing that. Buying at peak is the worst case. I did that before so many times. We always have a choice in crypto investing.
-That is to hold and hold even if it takes longer than expected.
-Or wait for that coin of yours to pump at least 20% and sell it even at loss then compensate it to other coins. That works fine for me.
There are coins that hardly recover, I mean thy aren't going back to it's price where we bought them. But let us aways look at the optimistic side of crypto. We tend to recover soon.

iamaruf

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Quote from: ksridharprasad on March 04, 2020, 12:01:11 PM

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 are not only the unluckiest person there are lots of unluckiest person. Even I didn't many coins in 2017 & 2018 and few coins are dead, few coins are surviving but price is almost cent from dollars. but I don't think much about that because if I think about that more and more I will get nothing without pain. Now I am holding bitcoin and few top rated coins and hoping for it. Better don't try to remember your past.
Here is my tips for you.you can start trade for low amount. Try to buy in low price and sell in high price. but don't put all of your money.try in small amounts it will help you recover your money, not all but few. I did it and it helped me a lot to recover my money.

Bezobraznike

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Quote from: Ziskinberg on March 25, 2020, 06:34:12 AM

Selling at a loss is not good, maybe you got FOMOd during that time, and let that experience of yours as a lesson that you have to learn.
Crypto market is always here, the price could go up and down, what you need is just timing but you won't be able to do that without patience.

I don't want to say I am perfect as I also made some mistakes selling, but that mistake was due to the fact that I don't have a choice anymore, I need money that time so I have to sell at a loss, but I learn I should not get anything from my investment and I should be willing to hold it for long term.

There will be bull run and we will see another ATH of bitcoin and altcoins, that's what I am hoping now.

We have seen many similar topics around here about people who bought on top and sell on bottom. I agree with you that
newbies without experience get trapped all the time, especially in the times when volatility is huge. I agree with you about
other things as well, we all need to learn more and get experience, nobody is perfect.
I am sure that we will see another price surge of Bitcoin and alt-coins. That will happen in the next few years, now when we
are seeing the global economy crash there's no other option for people, Bitcoin or broken economy.

Ziskinberg

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Selling at a loss is not good, maybe you got FOMOd during that time, and let that experience of yours as a lesson that you have to learn.
Crypto market is always here, the price could go up and down, what you need is just timing but you won't be able to do that without patience.

I don't want to say I am perfect as I also made some mistakes selling, but that mistake was due to the fact that I don't have a choice anymore, I need money that time so I have to sell at a loss, but I learn I should not get anything from my investment and I should be willing to hold it for long term.

There will be bull run and we will see another ATH of bitcoin and altcoins, that's what I am hoping now.

so98nn

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Quote from: ksridharprasad on March 04, 2020, 12:01:11 PM

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.

That went as very bad trade.

You bought bitcoin around $4,400 to $5K USD. However after that lot of fluctuations came into effect and made the prices go spike a lot. You might have sold it at wrong price.

If you check the historical charts then we have gone as high as 9,500 USD. Holding would have been better option (off-course in BTC form).

Other shitcoins are really not usable when it comes to the holding.

You better convert it into the BTC but it has to be at its worst. Undecided

So wait for it, and convert and hold. Thats the rule for ya!!

slaman29

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Quote from: Free1bitco.in on March 25, 2020, 04:21:53 AM

you must have lost a very large number of friends. Well, I only recommend choosing other coins besides the ripple to be held for a long period of time. however, the ripple decline from year to year is quite severe. other than that, ripple hasn't made a big development since the beginning of 2019. Well, everything depends on your decision, but try to make observations.

That is the part that worries me the most about a coin, not so much that the price declines, cause the entire market is suffering in that sense, but that the project hasn't really done much at all in terms of technological progress. But we always knew XRP would be like this. The token itself can't change much, just the banks that adopt Ripple to finally use XRP.

Sadlife

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One of the biggest mistake of a trader is to become emotional it times of market breakdown. For me, i hold unto my Bitcoins because if you truly believe in it and it's a revolutionary technology then you dont have to panic when it falls down. Once you have an eye to the price it's really not important if the price falls in the short term.

pankaj1234

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If you gone with this experience then you are the unlucky person.if anybody bought in early 2017 and sell in late 2017 will get mighty profit. This can happen to every new trader. i don't think experienced traders can do this because you have to deal with the share history price and calculation. Last thing is that when ever share is going up you should be careful about that because it will come on correction.
So trading is not a easy job.you have to gain some experience then trade smartly.

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