I wonder - are there ppl here who bought BTC when it was 19k ? - page 2.

ipanks

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I have a friend who already bought bitcoin when the price at $19k but in that time, I advised not to buy 1 bitcoin directly because it's too dangerous and it's too risky. He follows my step, and he purchased 0.2 btc at the local exchange, but he split into 4x buy order and held, but unfortunately, he said that he needs to go to other cities because of his job and he cannot always stay at the front of his laptop. So I suggest to him to move his bitcoin to ledger nano ( he is a rich person guys Cheesy

), so he bought that wallet and moved his bitcoin.

The last time we communicate was at one month ago, and he said that the btc price dropped significantly and he doesn't know what suppose to do. I said, no need to worry, you don't make any buy since your last purchase, and it's been a year he doesn't check his wallet, and I told him that his btc is safe in the wallet.

Johnzky

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Lucky that i am not,but not do lucky because i come to buy when it was at $9k and still holding today

Though i am not in a hurry,and i trusted this coin but sometimes we can’t prevent our self asking what if the price continue to drop and sooner die,but this are all just a bad thinking and not so serious on it

conected

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Quote from: coin-investor on January 02, 2019, 04:36:01 AM

I saw a lot of people on youtube crying for buying at that price, and there are also unpublished buyers, people tend to buy on momentum, and that was a costly momentum but it's a lesson learned for all of us, do not be to hurry and study when and how to invest.

- Well, those people have followed the trend of the market but one thing is very sad when they have chosen the wrong time and the price they bought, they do not have too much knowledge and analysis, they listen to information from others, and sum up all those factors, they go to a wrong path and they need to lose a lot of money for that lesson. But after this lesson, if they can stand up and learn more about crypto, learn more about investment, their loss will soon recover, and someday, they can achieve profit without bitcoin back to $19k

btlzpr

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There is no doubt that since bitcoin's ATH has reached 19k, then there must be a transaction, and someone must buy it at 19k, otherwise we will not see the 19k record, I have to 19k for those People who bought Bitcoin said, don't worry, the price drop is only temporary, after 2-3 years, Bitcoin will exceed the price of 19k.

bitbunnny

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According to some posts here on forum, yes, there are some and I suppose they are very frustrated. Some of them have already sold their coins and accumulated loss that would be hard to recover. Some were maybe more patient and kept their coins so they still have the chance to turn loss into profit.
To my opinion the main mistake at that period were too big expectations and too big greed for profit. Some even predicted that Bitcoin will go up all the way to 50000$, which was exaggerated, but some beleived and bought Bitcoin at 19000$.

duoduoshigexiaozhu

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$19,086 is a record of Bitcoin in 2017. Don't think that the $19,086 purchaser must be a loss. If we can see the bright future of Bitcoin, then I believe that one day the price of Bitcoin will be more than $19,086, maybe even $100,000.

LogitechMouse

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I think there are some investors who are patiently waiting for the price of Bitcoin to rise up again to $20,000 but most of them maybe sold their bought Bitcoin already at a loss. Happy for me I didn't bought Bitcoin at that price because at that time, I'm just starting to learn Bitcoin and cryptocurrency in general. I think those investors right now are not investing in Bitcoin anymore because of what happened to them #sad.

coin-investor

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I saw a lot of people on youtube crying for buying at that price, and there are also unpublished buyers, people tend to buy on momentum, and that was a costly momentum but it's a lesson learned for all of us, do not be to hurry and study when and how to invest.

avikz

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Bitcoin's price actually reached a peak of $20,089 on 17th December 2017. Check the old statistics from coinmarketcap using the below link,

https://coinmarketcap.com/currencies/bitcoin/historical-data/?start=20171201&end=20171231

I know a few people from my office who used their credit cards to buy bitcoin during that time. Majority of them have paid off their credit card bills using their salary and forgotten about their coins. It is still lying in some online wallet they had used and they are not anymore interested in bitcoin or cryptocurrency. I guided two of them to cut their losses through localbitcoins website so that they can get back whatever is remaining. But none of them seem interested in jumping to this market anymore!

This is what happens when you jump on to something out of pure greed and hype, without understanding on how it actually works!

Juggy777

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Quote from: williamshennie9 on January 02, 2019, 01:59:37 AM

A lot of my friends bough BTC at that price. Sadly they lost a lot of money. I didn't buy it then , thankfully

Hey so you're saying that your friends who purchased bitcoins at it's peak, sold it off as prices were falling and incurred losses?. Those kind of sellers are called panic sellers, and you should not make a decision based on their sales. If you're not aware let me make you understand there was no actual loss, the loss was only on paper and they had to hodl it and once prices rebounded then they could sell for profits.

hubballi

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Quote from: williamshennie9 on January 02, 2019, 01:59:37 AM

A lot of my friends bough BTC at that price. Sadly they lost a lot of money. I didn't buy it then , thankfully

You cannot say that they lost a lot until they have not sold and booked loss, if they hold for some more time then they can can profit when the price will start moving. If they have got some investment then it is the correct time to buy more and average the price.

My friend also bought in the range of $17k to $18k but last week he bought more when the market hit $3k level and when it hit $4k+ he sold it in little profit, So this way if you do trading then you can be in profit.

kerjakuat

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Quote from: williamshennie9 on January 02, 2019, 01:59:37 AM

A lot of my friends bough BTC at that price. Sadly they lost a lot of money. I didn't buy it then , thankfully

i heard a lot of story where they buy bitcoin at the top before it falling down. Some has lose house to buy bitcoin some lose all their saving. to me that fault is because they have not enough knowledge to know about how the market are move and when is the correct time to buy and to hold on. Common mistake by a newbie in this cryptocurrency market.

williamshennie9

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A lot of my friends bough BTC at that price. Sadly they lost a lot of money. I didn't buy it then , thankfully

shoreno

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Quote from: Barcode_ on January 02, 2019, 01:25:26 AM

Quote from: WebChainLive on December 30, 2018, 05:52:59 PM

From my side looking to this, Bitcoin can easy reach more than 19k, and yea there was people who was buying the BTC at price of 19k. Bealive me!

How can you know that bitcoin is able to reach more than $19,000 USD easily? The values of bitcoin have already dropped so much in just one year time and it is not even above $4,000 USD per bitcoin at the moment, I think a lot of investors are still waiting for the official approval of a Bitcoin ETF from the SEC department, so it might be a long wait before we see a return of the bull market.

i hear alot of rumors about sec/etf that they will accept bitcoin from this year ( 2019 ) but as i said earlier it was only a mere rumor . we dont exactly know the dates if when will it happen but one thing for sure , the price can possibly sky rocket easily from 19k usd . about the question if there are still people that buys btc at ath of course yes . many people keeps on buying btc no matter what it is its value because in thier head , btc can always increase from time to time .

Barcode_

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Quote from: WebChainLive on December 30, 2018, 05:52:59 PM

From my side looking to this, Bitcoin can easy reach more than 19k, and yea there was people who was buying the BTC at price of 19k. Bealive me!

How can you know that bitcoin is able to reach more than $19,000 USD easily? The values of bitcoin have already dropped so much in just one year time and it is not even above $4,000 USD per bitcoin at the moment, I think a lot of investors are still waiting for the official approval of a Bitcoin ETF from the SEC department, so it might be a long wait before we see a return of the bull market.

nebuch

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Pretty sure there were people who bought bitcoin when it was on the high peak. I wonder if where they are now as the price drops drastically. I hope they are still surviving watching the intent intense market flow. I also hope they can overcome and get back what was lost.

mirakal

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Quote from: seoincorporation on January 01, 2019, 08:56:59 PM

Quote from: RonF on January 01, 2019, 08:45:41 PM

I bought alot of bitcoin several years ago when it was between $250 and $400 or so. Then got free bitcoin cash of same amount in August. Became wealthy.

wise move. I should do the same 4 years ago, but my vision was limited. Undecided

For those who buy at $19k should be a big pain to see how almost 80% if the invest it's gone. Maybe people think $100k was the limit at that moment, no one knows, but is a brutal loss for all.

That's a big loss if you think of giving up, but if you will continue to hope for the increase of value, you will not be in pain.

It's just about mind conditioning, I'm pretty there are still a lot of people here who bought at that price right now and still holding patiently.
Mine is different, I bought at a cheaper amount but failed to sell during its ATH, right now, I holding at a loss but like I said, I'm not giving up.

seoincorporation

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Quote from: RonF on January 01, 2019, 08:45:41 PM

I bought alot of bitcoin several years ago when it was between $250 and $400 or so. Then got free bitcoin cash of same amount in August. Became wealthy.

wise move. I should do the same 4 years ago, but my vision was limited. Undecided

For those who buy at $19k should be a big pain to see how almost 80% if the invest it's gone. Maybe people think $100k was the limit at that moment, no one knows, but is a brutal loss for all.

shesheboy

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Yes im still here on this forum and i bought btc when it was on 18 to 19k usd level though not the whole btc but a few chunks of mbtc . i thought the price could climb higher but im wrong yet im not disapointed at all because i didnt sold my btc's at the moment .

I know that someday , another bull will come and a new ath will born . when that time come's , i am now ready to dispose my hodlings but im still verry eager to buy even at a higher price .

RonF

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HODL is the key to wealth

I bought alot of bitcoin several years ago when it was between $250 and $400 or so. Then got free bitcoin cash of same amount in August. Became wealthy.

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