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Topic: Pity for those who bought at ATH (Read 922 times)

sr. member
Activity: 686
Merit: 250
December 19, 2018, 09:27:27 PM
yes there is no other way but you wait until the price rises again because if you are stuck at an expensive price and you sell it in the hagra condition that is still very cheap this is certainly it will make you lose and lose the assets you have.
Very few will hold that long, you are forgetting that most of those that invested when the market was going up are not true investors, the ones that knew what they are doing invested much earlier, everyone else that bought during December was just looking for a way to make some fast profits only to find out that the fast profits they were looking are going to be some of the slowest they will ever get.
sr. member
Activity: 750
Merit: 252
December 18, 2018, 06:52:33 PM
Pity it is. I sold all my coins just before ATH because I needed some cash and it happened to be great move by the coincidence. Also some of my friends bought at that moment and what can I say... But I don't see them complaining about the situation, they believe that everything will settle just fine in the future. I don't know how honest they are because it is beyond the peaceful situation. Waiting is the hardest thing to do, I wouldn't like to be in their skin.
member
Activity: 322
Merit: 10
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December 18, 2018, 03:45:06 PM
Most of the investors who bought alts during the ath's last year are just greedy people without any basic knowledge about crypto. They thought that buying alts would instantly make them rich and that really hit them hard. I guess they basically gambled at crypto.

Yeah, people had come there ruled by greed, not technology. so, their greed backfired. You cannot come to the market just for money if you have no experience in short-term trading cause it helps in any situation!
jr. member
Activity: 280
Merit: 2
December 18, 2018, 07:49:51 AM
I have no doubts that the market will recover and yes, you are right. These guys that have bought coins during the last pump are suffering from the market prices at the moment and they really need some market movements to cover their loses.
jr. member
Activity: 59
Merit: 2
December 18, 2018, 07:47:27 AM
SEC responsables have said that with almost 100% certain ETF will not be approved on February. it can take years for that to succed.

This market is going to die. Money cannot stay in a place where you only lose. That's why everybody is leaving at huge speeds.

For me, this is the end of crypto-market (not crypto-technology). There are a huge amount of reasons why i say this. But i don't want to say them for the 100th in a row because noone wants to hear.
But price falls are not a money-loss guarantee.
If you're so certain that prices will drop, shorting BTC with 5x leverage would be the easiest money you've never made.
But it does tell you something about the utility of a currency if everyone using it is only speculating.
sr. member
Activity: 812
Merit: 250
December 18, 2018, 07:44:37 AM
this happens on two sides because now there are also those who buy in cheap prices and they are not waiting for a good price to sell it, and on the other hand are the past buyers who have to wait for good prices in all markets.
member
Activity: 238
Merit: 12
December 18, 2018, 07:41:15 AM
The crypto world at the moment is one filled with so many levels of emotion and reactions to varying degrees of loses experienced by people. While some people are sobbing about their little loses, we should also reflect on the fact there are people who bought BTC @ $20K, Ripple @ $3, ADA @ $1.22, etc. Most of these guys are still hodling, hoping the market will bounce back and they'll recoup their loses.

The people who bought at ATH should not sell on loss. Instead they can buy more coins now and reduce the average buying price of their coins. They should use their BTC for trading (once the market becomes stable) and increase their sats.
sr. member
Activity: 625
Merit: 254
https://assetsplit.org/
December 18, 2018, 07:23:27 AM
SEC responsables have said that with almost 100% certain ETF will not be approved on February. it can take years for that to succed.

This market is going to die. Money cannot stay in a place where you only lose. That's why everybody is leaving at huge speeds.

For me, this is the end of crypto-market (not crypto-technology). There are a huge amount of reasons why i say this. But i don't want to say them for the 100th in a row because noone wants to hear.

courage man, it's not yet time for crypto money to dies and if this bear market causeed some loss for a few investors, the crypto money world remains the favorite one for a lot of invetors because no project or investment generated as much rich or at least has allowed many people to save money in record time.
full member
Activity: 476
Merit: 102
December 18, 2018, 07:16:13 AM
#99
Many factors have been involved why many have invested so much at the time that bitcoin was in a rocket ship and reaching the moon, well anyway as long as they hold their initial investment in crypto they have not yet lost their investment. Believing the technical analysis of bitcoin and learning the fundamentals of bitcoin is the most important knowledge that a crypto investor must have and many institutions are now adopting the technology and soon the marketcap of cryptocurrency will reach and overtake the last 2017 all time high.
member
Activity: 217
Merit: 17
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December 18, 2018, 07:07:15 AM
#98
Well, people thought there would be another ATH, even higher than what was happening in December. Although, to remember the story of a guy who convinced his entire bar to buy LTC at $300...press F to pay respects
full member
Activity: 226
Merit: 103
December 18, 2018, 06:52:37 AM
#97
Well to be honest I don't think that we should pity them,
There lot's of possibilities that they could do,
First we don't really know if they sold it when the price was still high ,
Maybe they bought it at the ATH but they could also sell it when the price was falling ,
We don't really know what they did but maybe some of them made a profit from it.
full member
Activity: 407
Merit: 101
December 18, 2018, 06:28:55 AM
#96
Yes, that's true, we are not the ones who really have big losses. There are more people who buy bitcoin and other Altcoins at ATH and they still hold with feelings that are even almost hopeless. Right now we are just waiting for the market to recover and never give up and look at them, I'm sure someday they will be winners.
legendary
Activity: 2548
Merit: 1245
December 18, 2018, 06:24:13 AM
#95
The crypto world at the moment is one filled with so many levels of emotion and reactions to varying degrees of loses experienced by people. While some people are sobbing about their little loses, we should also reflect on the fact there are people who bought BTC @ $20K, Ripple @ $3, ADA @ $1.22, etc. Most of these guys are still hodling, hoping the market will bounce back and they'll recoup their loses.

Do you also feel sorry for those that bought at ATH high in 2014-2015-2016 ?
ATH is a relative term and with the deflationary aspect of most crypto projects (cap on max number of coins and diminishing number of coins in circulation) can easily get higher in years to come due to scarcity and increased demand.
Those that play the longterm game dont regard ATH as absolute.
10c
full member
Activity: 658
Merit: 100
BuyAnyLight - Blockchain LED Marketplace
December 18, 2018, 06:24:06 AM
#94
You're right.  Sorry for those who bought at the peak of value.  But it seems to me that they do not need to lose hope, though not soon, but I think the market will begin to turn around!
I think that the price of ETH will return to $ 1,500, but it will only be in 2020. Now you should not expect this. a maximum of 2019 we will see 500 dollars
full member
Activity: 602
Merit: 106
December 18, 2018, 06:16:35 AM
#93
Well, that really shows how fluctuating and unpredictable this market really is. I remember the days in February 2018 when people were really strongly against selling their assets and now the same people are really upset that they indeed didn't sell their bags in early 2018.

An often times people also played with the money they WERE not willing to really lose. This fact massively added to all of this panic selling and market collapse.
jr. member
Activity: 336
Merit: 1
December 18, 2018, 06:14:41 AM
#92
You're right.  Sorry for those who bought at the peak of value.  But it seems to me that they do not need to lose hope, though not soon, but I think the market will begin to turn around!
full member
Activity: 518
Merit: 100
December 18, 2018, 06:11:10 AM
#91
Those who bought at ATH  and if it is borrowed money then it is really a great loss for them not only they lose almost 95% of the coins they bought, they are also paying from their loans until now. But those who bought at ATH but they are excess money or money that they can spare for a long time they just have to wait a longer time for the bulls to come back.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
December 18, 2018, 05:32:50 AM
#90
But I think this is the right time to buy the coins in the market because the altcoin price starts to increase and who knows, the coins you bought can increase higher so you can make a big profit. And for people who bought at the high price, they can cut loss their coins and buy at the lower price, but only if they can accept with their loss otherwise, it's not recommended to cut loss in bigger money. It is better to wait and hold the coins while we have time to see the price increase again.
copper member
Activity: 316
Merit: 0
December 18, 2018, 05:30:05 AM
#89
I have heard stories about someone who bought bitcoin at the price of 10,000 $ and when the price of 20,000 $ he did not even sell it and currently he is experiencing a loss but he is still calm and what he says is just "be patient and keep hold bitcoin". and I also agree with it, no need to cry your money will come back .
member
Activity: 322
Merit: 10
December 18, 2018, 05:06:10 AM
#88
Those who bought it at this level, should be very unloved fortune, as I personally could not sell on the ATH, because it was already a residual movement when buying units, just for the sake of day trading.
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