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Topic: If You Started Cryptocurrency In 2016...You Should Be Glad. (Read 225 times)

jr. member
Activity: 154
Merit: 1
and this is really so people have worked very well since that time
newbie
Activity: 98
Merit: 0
Had I started that time I would have been among the top gainer at present but, I was introduced to bitcoin at the fourth quarter of 2017. When the market is really bullished
sr. member
Activity: 2002
Merit: 269
You still have a change at the present time if you are brave to invest at Bitcoin's current price, we cannot go back to 2016 price anymore it's a long shot but considering Bitcoin's potential in the future, it could triple with the current price, but I don't recommend that you invest your lifetime's earnings and savings.
member
Activity: 672
Merit: 12
But I think the persons who entered in bitcoin in the year 2009 and remained hodlers for several year till 2017 definitely such persons became billionairs .   

But my opinion we are still early entrants.  Still most of the people do not know much about crypto currency.  Though the base of crypto users is increasing day by day and it will take several years to cover most of the people in this family.

So if one still maintains certain balance of bitcoin or other coins as hodlers; they will definitely be earning a lot.

So why not we celebrate that we are early entrants.
full member
Activity: 462
Merit: 100
I started in cryptocurrency in 2016 and I can say I am glad but I can't say I've made lots of profit though I have invested in before the bull run.
legendary
Activity: 2842
Merit: 3536
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If you are among people that start trading, or investing in cryptocurrency from 2016, you shouldn't be complaining of been rekt. You should have make more than 100% of your capital investment before now. So many people makes x20, x50 of their each trading during those periods, because we saw unbelievable pumps then that made peeps money.
I can remember then turning 150k to over 850 under a month, that's how juicy those periods are.
When i see how much I've achieved compare with what I started with, I always be glad because I started nearly with nothing.... That has been my console and everybody that started from 2016.
So,  forget about this bear period be glad with what you have achieved with cryptocurrency.

I wasn't so "lucky". I did start in early 2016, but spent many months reading and learning about Bitcoin. I'd already heard about it before but stayed away for reasons of past bad experience with new digital money. I did not realise until much later just how special Bitcoin technology was.

It was only in mid-2016 that I properly got into Bitcoin. Sort of a combination of things. I had started a new life elsewhere, left a long career, and decided to make a return to freelancing. Realised quite a few people/jobs were willing to pay out in Bitcoin. Made a nice new wallet, did a few things for my initial satoshi, played with faucets throughout while seeking more permanent gigs. It was only in late 2016 I secured a few significant items of work and by January 2017, I had a small accumulation of Bitcoin. That was when 2017 happened.

Was a little annoying to see the amounts I earned (paid in Bitcoin and alts but always fixed dollar value) get smaller and smaller, but also nice that several alts I received in 2016 actually showed value.

So yeah, I gained quite a bit, so nothing to complain about. I saw my holdings peak, never sold, they're all shrunk now but I'm enjoying the learning and the journey. I earn in Bitcoin mostly and am spending more and more in Bitcoin. It's not bad at all.
full member
Activity: 546
Merit: 100
I know people who lost a lot of money when I entered and altcoins retreat from 2016. It's a bit of luck, a bit of information.
jr. member
Activity: 154
Merit: 1
it really is so and I am very happy about it. All of the cryptaloids of expulsion these two years
full member
Activity: 434
Merit: 102
I started in cryptocurrency in 2013 without any invest i just work in faucets sites and after that i make profit from invest and mining sites but you must be careful and don't  invest your bitcoin in hyip and scam mining  sites
legendary
Activity: 1904
Merit: 1073
Yea, sure we have to be grateful for the 800%+ profits that a lot of people made in 2017, but why should we stop there? I

would prefer a slow gradual increase over a stagnation like we have now. In 2017, you could buy bitcoins today and sell them

for a 5% profit the next day, but this market is slowwww! You sometimes have to wait 2 weeks for a small recovery and in

most instances you just break even.  Roll Eyes 
hero member
Activity: 2646
Merit: 686
If you are among people that start trading, or investing in cryptocurrency from 2016, you shouldn't be complaining of been rekt. You should have make more than 100% of your capital investment before now. So many people makes x20, x50 of their each trading during those periods, because we saw unbelievable pumps then that made peeps money.
I can remember then turning 150k to over 850 under a month, that's how juicy those periods are.
When i see how much I've achieved compare with what I started with, I always be glad because I started nearly with nothing.... That has been my console and everybody that started from 2016.
So,  forget about this bear period be glad with what you have achieved with cryptocurrency.

Hey it seems you're mistaken when you say people who invested in 2016 are complaining, as far I see all those who have been complaining are people who bought it when it was at it's peak i.e. 20k. These guys have every right to complain, but at the end they need to hodl it. Indeed the period from November 2016 to December 2017 will be remembered as the golden period in bitcoins history. I'll agree there's nothing one can do about prices, instead one should enjoy what they have, and if you see current charts it looks like prices are already shooting up, now let's hope the bulls phase begins.
member
Activity: 322
Merit: 12
Yes, absolutely correct and I wish I had joined such year where I could have at least bought btc at a very price compare to the present value nowadays. I think most of the people who happened to join those years and invested in btc, probably they really had earned great until such time last Q4 of 2017 which it had reached approximately $20K USD. But I guess, it's still not late nor over yet to invest in btc since there is still time for it and I believe btc will continue to grow further soon.
jr. member
Activity: 378
Merit: 1
2017 because I was the beginning and saw the harshest of market prices. 1 bitcoin has reached nearly a million worth compared to my country's currency. and in 2018 I almost did not move my coins and token because of the low price of the market. but in my studies even when the first years passed, the crypto would have this system rise and fall. but it's hard now for 2018, because in this month the market and the coins within the cryptocurrency are pretty good. so hopefully it will increase for all the same investors and traders.
member
Activity: 324
Merit: 15
I’ m sure that not a lot of people who invest in 2016 and hold complain a lot !

Moreover those who sells end of December 2017.

The most of the complaints come from the ones who join after December. And it could be understanding according to the loss for most of them.

But I think patience is good and we will go up again soon.
legendary
Activity: 3556
Merit: 9709
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HODLING is the way forward, I bought most of my bitcoin’s in 2014 & it’s without doubt the best investment I’ve ever made. Sure I’ve sold some when I shouldn’t have & not sold when I should have but I have most of my stash stored offline & I will continue to HODL until we hit $50,000 per bitcoin which I anticipate will be 2020-2021.

Be patient, HODL for another few years & you will be greatly rewarded.
full member
Activity: 251
Merit: 100
Nowadays... There is most of the people around the world know about the cryptocurrency and it can be traded in any exchange.. Since that, any cryptocurrency cannot gain pump.
newbie
Activity: 193
Merit: 0
Not really, I started in 2016 but did some mistakes and lost alot.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
you should be glad if you start with bitcoin in 2016, 2017, ... 2020 and possibly a couple of more years after that because bitcoin is still in its very first stages of adoption and it will continue to be like this until the mass adoption stage. and by then (which will probably be somewhere in 5 to 10 years from now) the price will have shoot up to the moon and will be stable there. and by then you will only benefit from the currency aspect of bitcoin to the profit anymore because it will be at $1 million+ and there won't be big rises anymore.
member
Activity: 490
Merit: 11
but it was two years ago, and neither did I know that I would get a huge profit
I hope 3 years later, the BTC price can be x30, so that I can enjoy the big profits again
I am very happy, can know BTC since 2014,
and I got to know this forum around 2017 Q4, there is a lot of knowledge that I can get here
full member
Activity: 1736
Merit: 121
I agree.....because those that started earlier have some kind of upper hand as against those of us that just started this year.
They should be glad...at least.
Some of them are the whales we know today.

I don't think that the whales we are seeing today are those who were the initial adopters because price was never stagnant, it kept moving and appreciating  so they would have sold off. Maybe the new whales are people who bought late 2016 and early 2017 when price was still below $900.
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