Topic: Brought Bitcoin in 2017 and sold in 2018 - page 5. (Read 1338 times)
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.
This is an easier said than done thing. I mean about people buying Bitcoin for the sake of buying it and not for profit making. Is there anyone who goes into investment without aiming at profiting from it? Nah, I don't think so. As for the OP, such things happen. Business is either profit or loss.
It is possible that they bought bitcoin without the thought of keeping it as an investment. Rather using it for buying/selling stuff. It is a currency or a mode of payment.If you can afford to then I would suggest continuing to hold what you have. Store your holdings securely and don't check up on price. If you hear about crypto in the news and from friends and family (who will have seen it in the news) then that is typically the time to sell.
Holding is the only thing that they can do. Unless they want to sell at loss and exit this unending cycle of anxiety and depression. The second option is actually not a bad thing to save one from the mental trauma. There were people who had taken loans to buy coins at that time and are still unable to pay back. Some of us are lucky to not have been a part of that. 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 should not call yourself as the unluckiest person but you can call yourself a greedy person with lack of patience.Do not take me wrong but ever if you had the patience, you would have waited for the price to get back to normal so that you can sell for profits rather than selling for loss. You should usually forget about the money you invest in trading as the profits would never be simultaneous and majority of times you have to face loss.
You should learn how to trade first before buying another coins. You can have major benefits for long term holdings but in your case you had loss even after holding for long term.
Take it easy you are not alone experiencing it, because some people also experience it like buying coins when the price high and until now
can not be sold. And waiting for the miracle of halving bitcoin in 2020 so that prices return to a minimum like in 2017, although the possibility
of it is getting smaller seeing the current market conditions are down. But there is still about a month left changing circumstances, I'm still
positive until now, waiting for a miracle to happen. So my advice is not to lose selling altcoins that you already have buy wait a little longer
until halving occurs does nothing wrong.
can not be sold. And waiting for the miracle of halving bitcoin in 2020 so that prices return to a minimum like in 2017, although the possibility
of it is getting smaller seeing the current market conditions are down. But there is still about a month left changing circumstances, I'm still
positive until now, waiting for a miracle to happen. So my advice is not to lose selling altcoins that you already have buy wait a little longer
until halving occurs does nothing wrong.
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.
Your mistake was that you saw the market making new highs and decided to enter the market at that point, that was not the moment to buy that was the moment to sell, this tells me you probably do not have a lot of experience when it comes to investing since anyone with some experience would have known it was too late to enter the movement, if you could have waited a few months you could have gotten a way better price and you could have sold during July of 2019 and obtained important profits. 
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 might have been impatience and not waiting for bitcoin's price to increased that you didn't control your emotions, that is why you suddenly converted all of your cryptocurrencies and sold your bitcoin, but just like what you have said it must be your fate. I hope you have learned from those mistakes and you should be now waiting for the right time and have patience for you to maintain your long term investment. 
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.
Bought at 2017 3rd quarter? That means you bought when the price was somewhere around the peak price I guess? And then you ended up selling in 2018 when the price was falling instead of having patience. This is why whenever I’m investing in Bitcoin I make sure that the amount I’m investing is something I can leave there should in case things go wrong with the market.It’s not every time that the market will be climbing up, there are times the market would crash and you should always be ready for such times. It’s just like as of recent when the price dropped down to $5000 all of a sudden and then got back to $6000. So, you never know.
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.
It's unfortunate, and there are many more who are in your position and continue to repeat the same mistakes.
If you can afford to then I would suggest continuing to hold what you have. Store your holdings securely and don't check up on price. If you hear about crypto in the news and from friends and family (who will have seen it in the news) then that is typically the time to sell.
So your buy-sell timespan is pretty much just months, not even one single year. That timespan is nowhere close to even being called "investing". It looks like you bought bitcoin so you will "get-rich-quick", where mindsets like that always end up making people lose money. You might want to be more realistic with your expectations.
This is an easier said than done thing. I mean about people buying Bitcoin for the sake of buying it and not for profit making. Is there anyone who goes into investment without aiming at profiting from it? Nah, I don't think so. As for the OP, such things happen. Business is either profit or loss.
I was one of the lucky ones who got into bitcoin way before 2017 and made a decent amount of profit during the 2017 peak however that doesn't mean we didn't had any losses during 2018 as well.
I have probably made more money on bitcoin than I lost so there is no way I can complain right now about getting in, however I could have made so much more money if I stayed away from bitcoin during 2018 bear run as well. Did that kept me off bitcoin? No. I bought more in 2018 and more in order to drop the averages and I managed to drop it as much as 5-6 thousand dollars when we got into 2019 and price was still around 3.5k, so I was still in a big minus after a whole year of persistent buying. What happened? Price went up a lot and I profited again. Do not give up and forget about the past.
I have probably made more money on bitcoin than I lost so there is no way I can complain right now about getting in, however I could have made so much more money if I stayed away from bitcoin during 2018 bear run as well. Did that kept me off bitcoin? No. I bought more in 2018 and more in order to drop the averages and I managed to drop it as much as 5-6 thousand dollars when we got into 2019 and price was still around 3.5k, so I was still in a big minus after a whole year of persistent buying. What happened? Price went up a lot and I profited again. Do not give up and forget about the past.
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.
Consider yourself still lucky because when I waited for btc to reach $20K I hold my btc and even I see the market is going to dump I still have hopes that it will recover. But no. Market goes more deep down until my btc price was divided into two. I lost half of my money or possible more.
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.
Consider yourself still lucky because when I waited for btc to reach $20K I hold my btc and even I see the market is going to dump I still have hopes that it will recover. But no. Market goes more deep down until my btc price was divided into two. I lost half of my money or possible more.
Maybe it was time to take a break and move on from the past, we lose a lot during that time and there is no way to recover it if we never face the upcoming. It has to sacrifice sometimes but we never think that this would be our end in crypto. Losing is a part of crypto and we all have to experience that for sure.
The market still struggling difficulties until today and investing crypto is at high. We can't guarantee anything that is why we should have to act wisely, choose the right coin and the last thing to do is to be prepared for the ups and downs.
The market still struggling difficulties until today and investing crypto is at high. We can't guarantee anything that is why we should have to act wisely, choose the right coin and the last thing to do is to be prepared for the ups and downs.
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 are many others like you who are in a similar situation. Most people who bought altcoin like you are at a huge loss right now. The real reason for your situation is the lack of proper planning. You should not invest in something that you do not have a proper idea of. The coins that you bought, the coins pumped up a huge, there was nothing more expectation.
in other words you just keep on making mistakes after mistakes! you buy bitcoin near its top of the bubble and then sell it after a long time when the bubble popped and the price got closer to the bottom.
then you go ahead and bag hold a completely useless shitcoin that has been dumping at a speed which was 4-5 times faster than bitcoin!
this is not a way to make an investment, not in bitcoin and not in any other market in the world.
then you go ahead and bag hold a completely useless shitcoin that has been dumping at a speed which was 4-5 times faster than bitcoin!
this is not a way to make an investment, not in bitcoin and not in any other market in the world.
You have made a set of mistakes that have accelerated your rate of loss, as you have invested without specifying a plan for when you will be buying, selling, or even a profit-friendly mechanism.
You let negative feelings control you, and therefore I made decisions based on emotion, not mind.
You still have a lot ahead. The market is still promising. You need to study the market again before making more unwise decisions.
You let negative feelings control you, and therefore I made decisions based on emotion, not mind.
You still have a lot ahead. The market is still promising. You need to study the market again before making more unwise decisions.
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 don't need to be sad because you are not alone. Many people have felt the same, and they still trying to make money from another coin. You will have a chance to sell your coin in the next bull run, but unfortunately, we need to be patient because we don't know when the bull run will come. The other thing that you can do is search for the other coin that has potential to grow in the short term, but that will not be easy since if the bitcoin price is still like today, the other coin will follow.
You still have hope, and you still need to believe that the bull run will come soon. You can keep your coin in another wallet, and don't keep the coin at the market if you want to prevent if something bad happens. But you should avoid the regret because it will replace with the happy feeling when the bull run comes.
Your coins at least have a market and are listed on exchanges. I got maybe a dozen or so alt-coins which are pretty much useless because they don't have an exchange. If they have an exchange they got absolutely no bids and tons of offers at 1 satoshi. Basically its a full loss.
You are not the only one that has this problem. Everyone should of bought BTC and alt-coins in 2017 and should of sold EVERYTHING in Q1 2018 but since it was going up exponentially people decided to hold it for more profits, we got greedy, and are now sitting pounding our heads against the wall. This is how markets work. Nothing you can do. I am sure the people who bought OIL a few months back also regret not selling it either. However you can't predict the future.
You are not the only one that has this problem. Everyone should of bought BTC and alt-coins in 2017 and should of sold EVERYTHING in Q1 2018 but since it was going up exponentially people decided to hold it for more profits, we got greedy, and are now sitting pounding our heads against the wall. This is how markets work. Nothing you can do. I am sure the people who bought OIL a few months back also regret not selling it either. However you can't predict the future.
That's sad. You obviously bought those coins at the peak price. Well, there are two ways you may choose to do. Either sell them at loss because the situation further needs you to do so and rebuy at low so you can compensate some of your deficit fund. Or wait longer. Patiently hold and wait will still give you profits at the end.
That's the usual problem , most of the trader hardly know "when" is the right time to buy and sell. Or even know of it is already the best price to sell or not.
That's the usual problem , most of the trader hardly know "when" is the right time to buy and sell. Or even know of it is already the best price to sell or not.
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.
Why you saying that there is no hope? Did you see the future? My point is, you need to stay positive, many of us here are still holding our precious BTC and some good Altcoins because we are waiting for the next bull run to happen. It might not be in 2020, but definitely, an imminent bull run will happen, you just need more patience here.
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