Topic: I wonder - are there ppl here who bought BTC when it was 19k ? - page 6. (Read 1166 times)
Most of the buy and sell you see on the market and bot tradings. Most of the time, people don't see the lost because they change at the current rate and exchange for fiat. Although some few people came in to buy at that price, the effect isn't notice by many people who do trading as they continuosly buy and sell unlike a hodler who hodls always.
Lol Great question but remember everyone makes mistakes with crypto every now and then. Remember what happened in Q1 of 2017? Price went past $1k and then dropped suddenly below $800 because of some bad news. What were peoples reactions then? Bitcoin wont breach $1k again but what happened. Bitcoin breached $1k and touched $20k that same year. So I don't think those who bought at $20k should really feel bad. Price could potentially breach those levels again this year. The key is to remain calm and level headed. This is a long-term investment for me. Hope my comment helped! Please give me some + merit if you found my comment useful 
i actually don't know if anybody did bought bitcoin at that price last year, if there were few then too bad for them if they sell it, but if not and still holding well still it isn't a loss. i almost even give in at that time because of the surge but i followed my instincts and did not bought at the wrong moment.
Maybe there are some of us are doing bought bitcoin when in that value and for sure they are felt sad because the value of btc as of now is not reach it's highest peak value. But even it is happening now, a true smart investors never mind it and stay calm and waiting to be rising up again because they still believe that it's goes to a bullrun season again after a long period of downfall.
Personally I didn't bought Bitcoins at that price, but I did bought altcoins which went high along with Bitcoin price hike. And yes all are in red ofcourse. For few coins I am unsure whether its gonna hit up unless Bitcoin hits up.
A known person bought at that time, and I helped him in that, he isn't in this forum though, that is why he took my help as he had no knowledge. I now feel, only if I had forced him more not to buy and he had listened to me, but it was done, and he is in loss. He holds it though, believing it would rebound and retouch that. Even reaching BEP would work for him.
A known person bought at that time, and I helped him in that, he isn't in this forum though, that is why he took my help as he had no knowledge. I now feel, only if I had forced him more not to buy and he had listened to me, but it was done, and he is in loss. He holds it though, believing it would rebound and retouch that. Even reaching BEP would work for him.
One of my friend bought only just a small amount of Bitcoin, when it was on its highest, but he is a positive thinker, he still keep the bitcoin that he purchase, he already made profit from the other altcoins that he bought but he is very optimistic that bitcoin will soon reach 30k or even 50k.
I recommend him stick to this position! It's more likely BTC will keep growing in the next months! Everything is based on Bitcoin so it cannot die that soon.
One of my friend bought only just a small amount of Bitcoin, when it was on its highest, but he is a positive thinker, he still keep the bitcoin that he purchase, he already made profit from the other altcoins that he bought but he is very optimistic that bitcoin will soon reach 30k or even 50k.
Of course, there are people who bought bitcoin when it was + $19k People were excited seeing how the price was climbing and no sign showing us the price will fail down drastically. This period also attracted a lot of new people investing in it.
A good indicator to look at is google trends https://trends.google.fr/trends/explore?q=Bitcoin
A good indicator to look at is google trends https://trends.google.fr/trends/explore?q=Bitcoin
I did not purchase any Bitcoin at the top but the mister idiot here did not sell off my Bitcoin or altcoins at the time that I should have back in January whereby my assets were worth totally along with my Wife's at around 38 Bitcoin at the peak. Now are assets are less than 95% of that all time high so it is like we lost a fortune in six months of the bear market capitulation. Now Bitcoin has performed a triple bottom they say it may likely go up from here but I would not celebrate anything just yet because I do not trust in the altcoin or Bitcoin trading market at all right now.
I guess the luckiest ones are those who mined tens of Bitcoins in early times or those who bought them at prices under 1000$
If you still have BTC I surely suggest you keep them!
We recommended to buy bitcoin at 19 k because we knew the great potential that has its technology and within 5 years all the people who bought 19 k and retained it will gain 5 or 10 times its value
"We" meaning who?
I did not purchase any Bitcoin at the top but the mister idiot here did not sell off my Bitcoin or altcoins at the time that I should have back in January whereby my assets were worth totally along with my Wife's at around 38 Bitcoin at the peak. Now are assets are less than 95% of that all time high so it is like we lost a fortune in six months of the bear market capitulation. Now Bitcoin has performed a triple bottom they say it may likely go up from here but I would not celebrate anything just yet because I do not trust in the altcoin or Bitcoin trading market at all right now.
As an example - last year 2017 there were lots of rumors that Bitcoin is going to reach the 50.000$ point in future. Some even wrote about a 100.000$ price. This started when BTC was under 2000$, exactly 1 year ago, spring. So till the end of 2017 it reached almost 20.000$ than fell down to 7.000$ until now.
My 1st question is - the rumors about 50k-100k helped this pump to 19k?
And my second questions is - are there any rumors now similar to those of 50-100k? Or the enthusiasm has chilled? I didn't manage to read a lot on internet so this is why I am wondering if the story is being repeated or not since last year.
Speculations or predictions about BTC price is important part of price movement sometimes, and last year when price is go up to almost 20k $ many are speculated about 30k-50k $ in next months. We now they did not count on correction, and now we are under 10k $ and price will stay in this range few months in my opinion.
I do not think that price can be pumped so easy like last year, people are more cautious with investment in BTC. However if for some reason price start to rise above 10k, this may be trigger to new big pump. It is not hard to imagine that from 7000$ to 20 000$ or even more is not great distance, last year BTC value start under 1000$ and in less then 12 months reach almost 20 000$, now we have much better starting point.
Regarding people who bought at 19 000$, if they hold there is no doubt that one day BTC will recover this value or probably even more. Key is in patience and avoid panic selling, 1 BTC is always 1 BTC, today 7400$ and in 5 year maybe 10-20 times more valuable than today.
We recommended to buy bitcoin at 19 k because we knew the great potential that has its technology and within 5 years all the people who bought 19 k and retained it will gain 5 or 10 times its value
-snip-
As an example - last year 2017 there were lots of rumors that Bitcoin is going to reach the 50.000$ point in future. Some even wrote about a 100.000$ price. This started when BTC was under 2000$, exactly 1 year ago, spring. So till the end of 2017 it reached almost 20.000$ than fell down to 7.000$ until now.
My 1st question is - the rumors about 50k-100k helped this pump to 19k?
And my second questions is - are there any rumors now similar to those of 50-100k? Or the enthusiasm has chilled? I didn't manage to read a lot on internet so this is why I am wondering if the story is being repeated or not since last year.
1st question:
Maybe. People in crypto know not to take any kind of prediction seriously because it's basically 99% guesswork -- analyses generally fall flat in their face because world events completely override trends. If we were to assume that newcomers caused this pump, however, we have to take into account that they're more likely to believe these absurd predictions, and very well could have even entered the market with them in mind. We won't know for sure though.
2nd question:
There are always rumors. Take a look at McAfee, for example. He has predicted an absurd price level and he has a fair number of believers. Every other famous guy that talks to the media also has their own prediction. How likely they are to be believed is a different story entirely, however. It's possible that more people believed in them last December because of how well Bitcoin was doing. I'd say people are more likely to brush them off now because Bitcoin hasn't been doing very well.
there have been lots of people who bought bitcoin around that mark. in fact about a couple of billion dollars worth of bitcoin was traded during that time according to the volume history.
i have also bought around that price not exactly at the top but around it, but what i do is that i have cash and i dump it for bitcoin every now and then. this money that is invested i don't care about and don't mind what happens to it even if i buy at the peak i will still hold it. but also i have some funds that i have in the market (on exchange) that i trade with. what i did here is that i bought near the top in the dip and sold after the recovery and stayed out for a while until price went down lower and market became more predictable then got back in and again until today that i am again out with my money+profit waiting for the market to become more predictable so that i can resume trading.
i have also bought around that price not exactly at the top but around it, but what i do is that i have cash and i dump it for bitcoin every now and then. this money that is invested i don't care about and don't mind what happens to it even if i buy at the peak i will still hold it. but also i have some funds that i have in the market (on exchange) that i trade with. what i did here is that i bought near the top in the dip and sold after the recovery and stayed out for a while until price went down lower and market became more predictable then got back in and again until today that i am again out with my money+profit waiting for the market to become more predictable so that i can resume trading.
$19,000 wasn't even the pick of 2018, some people even bought at $20,000. Am sure they must have been depress by now looking at the current price at the moment.
Buying at the peak or during a bull run is very dangerous . the best thing to do is to leave your investment and don't sell at loss. I urge everyone to do their due diligence and have long term vision and always invest what they can afford to lose. If anyone did this for bit coin even at peak, he wont have any problem now. Be hopeful that one day it will reach your buying point but we don't know when that will be. Always remember to buy at dip rather than at peak .
I don't think much of it. It obviously sucks that people lost money, but nothing is guaranteed as far as investments go. People who put money into Bitcoin should know that it's incredibly volatile, which means that anything can happen at any time. They took the risk and didn't win. It can happen to anyone, for any investment.
That being said, I'm sure Bitcoin can bounce back as adoption picks up, so I would recommend for people who lost money to just stick with it because they'll be able to recover eventually. That's only if they could afford such a move of course, because we obviously have no idea when that will happen -- it's going to be better for some people to simply cut their losses.
As for December, we can't even predict prices a day from now, so more than half a year would be a stretch lol. The trend from last year won't mean anything unless we somehow break out from the current bear market.
As an example - last year 2017 there were lots of rumors that Bitcoin is going to reach the 50.000$ point in future. Some even wrote about a 100.000$ price. This started when BTC was under 2000$, exactly 1 year ago, spring. So till the end of 2017 it reached almost 20.000$ than fell down to 7.000$ until now.
My 1st question is - the rumors about 50k-100k helped this pump to 19k?
And my second questions is - are there any rumors now similar to those of 50-100k? Or the enthusiasm has chilled? I didn't manage to read a lot on internet so this is why I am wondering if the story is being repeated or not since last year.
Also, even those who haven't spent so much on BTC or even spent nothing - what do you think of this? What will be in December? What is you point of view upon this situations? I was always thinking about this, but never had time to write this post on the forum. Was to busy working for my tiny salary lol 
I don't think much of it. It obviously sucks that people lost money, but nothing is guaranteed as far as investments go. People who put money into Bitcoin should know that it's incredibly volatile, which means that anything can happen at any time. They took the risk and didn't win. It can happen to anyone, for any investment.
That being said, I'm sure Bitcoin can bounce back as adoption picks up, so I would recommend for people who lost money to just stick with it because they'll be able to recover eventually. That's only if they could afford such a move of course, because we obviously have no idea when that will happen -- it's going to be better for some people to simply cut their losses.
As for December, we can't even predict prices a day from now, so more than half a year would be a stretch lol. The trend from last year won't mean anything unless we somehow break out from the current bear market.
Maybe there are few people that are investing in the bitcoin where its market price is high as 19k USD. But for me in my own opinion with the hype of bitcoin market price is the ICO projects who are collecting funds from the crowd and exchange to bitcoins. The more exchange of this ICO project to bitcoin the more bitcoin market price to go high or had an increase. So i guess in 2018 the same thing will happen because most of the ICO project finishes beyond this month onwards so later on there will be a boom on its market price.
Most of the ICO project started at the same time ? Or why they finish mostly in the same month?
The bitcoin market is like a seesaw in motion. Aside from the value going up and down this seesaw principle is also applicable to the traders. People do not earn profit from nothing but there has to be someone who lost a profit before somebody earns a profit. Thus those people who bought bitcoin at 19k$ have a huge loss and some of them are still having emotional problems due to a big loss.
Do you know any of them being active here on the forum?
I hadn't BTC at that moment, but I've sold Musicoin at 800 sat in december
So technically I bought BTC when it was 19k
So technically I bought BTC when it was 19k
You mean the one that now is 147 satoshi?
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