Pity for those who bought at ATH - page 4.

batang_bitcoin

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Quote from: Maxre on December 07, 2018, 08:05:13 PM

before entering and investing in crypto we should already know the risks that occur when investing in it.
there is nothing to be pitied because that's the risk taken when buying at ATH prices and obviously this is one meaningful lesson for people who are in crypto.

This what these people lacked of when they entered crypto investments. But they arent the very chosen ones that are experiencing loss today, we old investors that bought from those days that we assumed the bottomed are also part of it.

I dont feel pity for myself as I experienced losses, and gains before. Experience is needed and just enjoy the process.

Maxre

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before entering and investing in crypto we should already know the risks that occur when investing in it.
there is nothing to be pitied because that's the risk taken when buying at ATH prices and obviously this is one meaningful lesson for people who are in crypto.

tabas

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Little losses? I don't think that these people does have small losses, they won't whine if its just a small loss but its huge for them and that's pretty assuring that they have lost a lot.
I don't pity them but they have to learn the hard way, even if I'm knew I'll FOMO.

Cryptodiscuss

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Who bought on ath was fomoing badly, and most probably just jumped on the train, so newbies are panic sellers so I dont believe that any of them is still holding.

James678

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It is PAIN! Really, I've lost buying crypto for lower levels and these guys will leave crypto for sure! it is more than 95% loss for most of them. Sad to realise it!

VieleSind

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You should know that crypto will never die so I think true investors will not be sad just because they bought at ATH price cause they'll hold until everything rise back and all cryptocurrencies rise to new ATH price in the future

. No need to deplore.

Agapelove

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Yes they have my sentiments. I don't how to feel for those who bought their coins at higher price and holding up to now, especially those who bought last year. If were to sold them by April you might have cut your losses. But, this time I think it's already too late. The only option is to hold and wait until the next bull run.

CryptoToxicAvenger

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Yes, these people are the hardest to experience this decline in prices. But it will be good for those who do not give up. We must learn how to make in bear market, then you will always be in the black.

Aleh777

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Quote from: Cryptomilz on December 07, 2018, 07:05:04 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.

There is nothing they can do for now but hold on to their portfolio because if they are going to sell that then that's the end of it, they lose. They could accumulate as much crypto to somehow offset the dipping value by trading but with this kind of market it is not so easy by an average individual to succeed in the field of trading.

Clavulanic

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Quote from: Cryptomilz on December 07, 2018, 07:05:04 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.

If there are people that until now holding their keeps even though acquiring it at the height of the price, I think your not a tricky person because you allow your investment in losing without doing something to fix the situation.

Astermony

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Quote from: Cryptomilz on December 07, 2018, 07:05:04 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.

I believe that for those who buy at the peak of crypto value had no longer holding their coins at this moment because they didn't want that their investment will fall into nothing but I don't think that there are doing this creepy idea.

isen

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Many have fallen into this trap, I am sure that they now think that it will not happen again, but the crypto market is able to surprise and we can easily step on the same rake again if the situation demands it. Be vigilant and never forget the experience learned from mistakes.

IndianaJons

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Quote from: GunsLair on December 07, 2018, 11:57:52 AM

Of course, I sympathize with these guys and I think it's not funny. But I don't agree with the opinion that the market is dead. If every time would appear such thoughts, when the price of bitcoin, eth, and other decreased, then we didn't have now such a powerful crypto-community.

I like to trade in the crypto market. And for this the situation on the market is best when prices are either stagnant or fall a little in price. Of course, there is too much of a fall now, but I think everything will be fine.

edmundo

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Honestly, it isn't a good feeling. I can only imagine those who bought bitcoin at the $20k Mark seeing how it has fallen to $3k. it could be really frustrating but the beautiful thing in this industry is that, you are never in loss until you decide to sell your assets at a loss. There is a huge chance that bitcoin could start another massive upward trend ensuring that all those who still hold their coins regain their value.

superscommessebitcoin

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And unfortunately, there are many such people. My friend though bought and not at the peak, but for example Ethereum bought for $ 900 and he realized what a mistake he made. I think he will never invest in cryptocurrencies again.

btcjocan

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Quote from: Cryptomilz on December 07, 2018, 07:05:04 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.

I totally agree with you mate,i also think on their position if im the one who have bought bitcoin on its ATH.At this time they must stay strong because selling is not an option to recover the losses but i still respect their decision on what to do with their investments.

four3200

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Quote from: mustafayasinsenturk on December 07, 2018, 03:04:05 PM

We're in a real sad situation for the ATH. Nobody predicted that prices would drop this level.

ATH was $1500?

No perspective.

Big strong $$$ hands over pumped and fools followed in.

No one checked under the BTC hood.

bsv bchabc-jesus.

Why do LTC, XMR, etc exist as counter parties?

What is the underlining economics?

Deal with it FOMO crowd gets gutted.

Play the long game, check AUX pow.

mustafayasinsenturk

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We're in a real sad situation for the ATH. Nobody predicted that prices would drop this level.

four3200

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Quote from: Lisa110386 on December 07, 2018, 10:36:14 AM

I think that those people, who entered this market for the first time and bought Bitcoin for 20,000$ and XRP for 3$ and Ethereum for 1000$, hoping to get quick money, are now in disappointment. Many of them have sold their coins and may never return here again.

dipshits
no knowledge
bought all that glitters
it was not gold
no sympathy

bigcash2011

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At all time high prices everyone was expecting the market to continue the bulls, there was huge fomo and hype that was driving the market but since the downtrend has started its continue to go down and down, most crypto investors are still holding for market to recover but no one knows when it will happen, personally i never expected this downtrend to go so deep, i know it is extremely discouraging for most of the investors but this is how crypto works now just wait for recovery.

Topic: Pity for those who bought at ATH - page 4. (Read 898 times)