Topic: Did you buy bitcoin in December 2017? - page 5. (Read 1517 times)
Sometimes we get excited so much that with the shoot in the price of bitcoin, we tend to forget the fact that bitcoin and all other cryptocurrencies are very much volatile. We all knew that at 20k usd, the price will somehow be stable so we decided to get some bitcoins in our wallet. Only to find out that there was going to be a huge sudden drop. I will still hold my though.
I Didn’t had the chance to buy some bitcoins last december 2017 and with its value now, i guess it is better that i wasn’t able to because if i did, i would have lost most of my investment if i planned to withdraw them within a year. Investing in bitcoin truly works when you do it in a long term regardless if you got it at a low value or during its ath. Long term investmwnt will definitly allow you to gain some from your investment.
During December I still hold the bitcoin because I bought it from september 2017 and at the beginning of the year I immediately sell it because there the price of bitcoin figures greatly increased much in price. With that I get a lot of profit because bitcoin dive sharply to a very high price.
I didnt buy that time because I dont have money that time. I only get my money when january 2018 comes, and Im still happy because bitcoin was still continu incrasing that time. When I got some profit and I saw that the price was now falling, I sell it immediately so that i wont lose what I earned from the big pump. 
You are quite correct. People who invested during mid December and late December will be worried now, that is if they are not long time believers because since its ATH, it has not got to $13,000
Yes but don't you think if they hodl strong then bitcoin will go up one day and they will still earn some profit or atleast wont go in loss?
No. I did not buy bitcoin in December 2017. I started bitcoin investment in January 2018 after i heard the huge rise in bitcoin price in the previous month. I didn't buy it as high as the amount in December but it is still higher than the current price so if i sell now, i will run at a lose
When i was first introduced to bitcoin last year, i thought it was one of these internet frauds. So i did not take much attention to it. Somewhere last year"s December, my member of staff who introduced me to bitcoin bought a Mercedes Benz C320 from his investment. As i matter of fact I was shocked since we were all earning the same amount of money monthly and i did not even have a bike. Early January this year, i did dedicated one third of my salary into bitcoin investment which i have not regreted. I trust bitcoin is gone rise up again and change my life for good.
It is an undisputed fact that those are affected much by this sudden drop in bitcoin price are those who bought it in December last year when bitcoin was skyrocketing. I understand the emotional trauma you are going through. Nobody will be happy watching his investment losing value like that. I want to encourage you that the downfall of a man is not the end. In June 2017, nobody ever thought of bitcoin hitting $20k by December 2017 and that is the beauty of bitcoin. It takes only minutes for bitcoin price to either rise or fall. Never dump your coin out of fear. Let's keep our fingers crossed and hope for the best. If you understand that Bitcoin is a long term investment, you wouldn't panic when the price falls within some short period of time. We will all laugh soon
You are on point. it will be quite traumatic for those people in this category. However, there is a possibility of geometric increase as far as the people are patient. Hence, its better to keep watching the market than to sell at loss
If you are not new into bitcoin you woundnt buy bitcoin at that price unless you are at short term and not in long term. I sell some bitcoin on december that time but I did not reach 20k usd on that point. I sell it at around 17k to 18k still no regret even bitcoin value goes up into 20k its a win win situation for me at that time. The biggest amount that I got for a certain period of month only.
Not yet I'm new to this technology and I need to know I heard many rumors that I become rich with bitcoin industry hoping it will true and handed with it in real life.
No, I didn't buy any btc in the end of 2017. And I think it was a better decision than to buy on growing market. I have a friend who decided he was late and bought a bitcoin when it was 17 thousanfd. I think now is the best time to buy Bitcoin, so if you have an opportunity, I would highly recommend you to make some investments into ethereum or bitcoin. But it's only my recommendations, unfortunately I am not an expert.
During December I still hold the bitcoin because I bought it from september 2017 and at the beginning of the year I immediately sell it because there the price of bitcoin figures greatly increased much in price. With that I get a lot of profit because bitcoin dive sharply to a very high price.
It is an undisputed fact that those are affected much by this sudden drop in bitcoin price are those who bought it in December last year when bitcoin was skyrocketing. I understand the emotional trauma you are going through. Nobody will be happy watching his investment losing value like that. I want to encourage you that the downfall of a man is not the end. In June 2017, nobody ever thought of bitcoin hitting $20k by December 2017 and that is the beauty of bitcoin. It takes only minutes for bitcoin price to either rise or fall. Never dump your coin out of fear. Let's keep our fingers crossed and hope for the best. If you understand that Bitcoin is a long term investment, you wouldn't panic when the price falls within some short period of time. We will all laugh soon
I think that only a strange person could buy bitcoin in December 2017 and hope for growth. Even a person far from the auction, it should be clear that the price is greatly overstated, and that soon there will be a strong pullback.
Well, who still bought it - hold on and wait. Soon everything will be fine. And most importantly! do not sell in negative.
Last i made a lot of profit from bitcoin investment. i bought my coins in August 2017 and at the end of the year i averaged about 750 percentage profit. i would not be surprised if the same thing happens to me this time around too. Now that the rate is low, I call it " may hay while there is sunshine."
That time, I have bought Bitcoin, but the main purpose is just to exchange Altcoin from cash! Because at that time, altcoin is very exciting and attractive to investors!
I think most of people who bought BTC when it was on top of it's price already sold it. I can't imagine how it's complicated when you trying to invest in something you can't understand and then you just losing something.
no i didn t buy bitcoin in december and now i regret of that since those who bought at that time now i cansee that they are rich and made lots of things and continue doing more and more but its fine i can fix it since everything i mean that i can do depends on me so just go on...
Nope, i just missed that timing and it's really happy because it's now back to 6k$ and of course it's not a good price at all.
yes I agree with what you advise. I see this is true. If you are an investor who wants to keep it in the long run, you should not panic. Its price will increase soon. . So, investors are stuck with reduced bitcoin value. Do not panic, please be patient
I bought some good amount of BTC last year knowing that the price will increase this year so I can get much from it but didn't happen that way. I know this coin will surely increase in price some years to come or months to come.
I did not happen to buy bitcoin in December 2017 and I was not lucky at the time because I did not have bitcoin so I did not participate in the profits. Indeed the condition of bitcoin that tends to decrease makes the condition of most players bitcoin surrender. I know what they feel. They have lost hope of getting a big profit. It's all a test of patience that we have to deal with. I'm sure that the bitcoin development team is not just silent, they are thinking about restoring public confidence by making technological innovations that of course the present. We just need more patience to wait until that beautiful moment comes. I am sure that the situation below is only temporary.
In December of the year 2017 I did not buy Bitcoin. Because that time Bitcoin's price was skyscraper. So it was not only impossible for me to buy Bitcoin but also for most people. But there were some people who thought that the price would increase further when they bought Bitcoin and today they are frustrated, which you say in your topic. But I think there is no need to be frustrated, its price will rise again.
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