Topic: Pity for those who bought at ATH - page 2. (Read 898 times)
Yea, I know the feeling because I'm one of those who bought at All-Time High and now the price is very low. I will be holding it until the price goes up because if I sell it now it will give me a huge loss and I don't want too. I hope the price will be better compare now.
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.
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.
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.
You understand that manipulators brought the price to such a level. Investors did not invest in ATH, because if it happened, it would not be ATH and the price would fly much higher. It's simple, because it's mathematics.
Hence, there will be no need to show pity on those who bought at ATH in late 2017. Things will change in near future like bitcoin prices will have new ATH for sure. Here, we must need to note something keenly. Only those who are holding, got chances to find profits. Also, only very few assets performed well to have new ATH and most other coins got dumped and hit values less than one satoshi.
Moreover, I pity on those who are not having plans for long term holding and have invested into random assets which are not having long term prospectuses.
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.
It was quite difficult to buy on the ATH, and what kind of enthusiast to still not sell these coins and keep them quietly and believe in a happy future? Although I do know a couple of people who bought XRP on ATH)
I think that as the number of cryptocurrencies increases, they are more sensitive to market trends, because each drop will lose more crypto, but I still hope that crypto can be recovered because it will also affect the hunter's interests.
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.
You understand that manipulators brought the price to such a level. Investors did not invest in ATH, because if it happened, it would not be ATH and the price would fly much higher. It's simple, because it's mathematics.
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 @ $1.22, etc. Most of these guys are still hodling, hoping the market will bounce back and they'll recoup their loses.
If you feel sorry for them, open a Fund to help these people and collect money. At the moment, all feel pretty bad and it is those who bought on ATH now sit most quietly, as the movement of 200-400$ they do not change anything.
Feels bad to them that buying on the All Time High price, but they're not losing money if they not selling their assets.
The things that they can do is buying more coins/tokens that they have on the lower price.
The things that they can do is buying more coins/tokens that they have on the lower price.
It is a pity, but if they buy now, they can reduce their loss. This tactic is called dollar cost averaging, learn more about it.
But please, do not think about selling, it would be the worst thing what you can do now.
But please, do not think about selling, it would be the worst thing what you can do now.
Yes, of course, many people feel sorry for them, but I think they knew what they were doing! Nobody canceled the risk here!
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.
It is really sad for those people who bought the coins at the all time high as me myself actually bought some altcoins at their all time highs and now most of those coins are worth basically nothing, I cannot imagine buying bitcoin at the ATH and now watching the price of the coin at where it is right now, must be so heart breaking to see
Those are the people who don't want to sell it now because they are a strong holder and they truly believe that the coins they are investing on its gonna make a good investment in the future.
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.
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.
The other day I read a post by Charlie Lee (founder of LTC), that he bought his first bitcoins for $30, and then watched the rate of $2 the whole next year. Therefore, it is better not to jump to conclusions.
It's a pity but this is what happens and must be faced, if we take the lessons we will definitely not regret it.
There is a chance to be able to get back up, so be patient.
There is a chance to be able to get back up, so be patient.
It is good and better to move away their mind from the lost and make a move to buy at dip for next bull cause selling in lost will only be a bad one ,so I advice to hold as the bottom is here soon and recovering might also be soon .
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.
I think there's no wrong if some of us is buying bitcoin when the price is 20k because it's not their fault the the price will be like this low. And it's a lesson learn also because we know that bitcoin will not always in the same price. So the best we can do is hodl even we feel that there's no hope that the price will go higher this year. Yeah I felt bad for my friend. I was telling him to buy all yeat and then he finally did around 20K... I would've told him not to at that point.
Basically is not your mistake so you never need to feel bad. It is part of every market as no one predict right what is going to happen next. Just ask your friend to continue holding his coins so that he will find price levels to go above $20k like $25k or even $40k then he also will be into profits. but it may need year long waiting too.
why you sure that most of these guys are still hodling? they bought at ATH, I think most of them already cut losses and sold their assets, even if still holding until now, they don't have any choice right now because sold now that means 100% losses, all of us just wait for market awake, this is calling high risk investment, anyway I don't it's the end of cryptocurrency market
I am still sure that the market will bounce back and do not be so sure about these people. They have bought at the highest prices and a lot of them have sold already when BTC was around 3k USD.
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