Topic: The pain of holding bitcoin in 2017. - page 6. (Read 1270 times)
It must be a horrible experience to have bought bitcoin late last year, enduring a loss of $13k per bitcoin takes a lot of self discipline otherwise there will a lot of self hating and depression. Quite possibly suicides if going all in
It has been a hard year for those that got in at the end of last year, I hope many were able to hold and didn't panic sell. Not just bitcoin but ALTs have been destroyed as well, I am hoping for a similar rise this year but so far it doesn't look great.
This year 2017 has not been favourable to those that buy bitcoin in 2017, ended and are still holding. Bitcoin is in a state that we have not expect as many investors and speculators were saying bitcoin will get to over $50,000 this year. We should still holding as selling below the amount we buy is selling out of pain and frustration.
Do you mean the year 2018,not 2017?
2017 was great,but the people who bought bitcoins last December are screwed.I guess you mean those people,when you write about pain and frustration.Last December everyone was talking about a 50K future bitcoin price,that was quite misleading,but every trader/investors takes full responsibility for his own decisions and people should never listen to the crypto "gurus".
you mean the holders who invested last 2 moths of 2017, as they thought that bitcoin will continue to pump but its not. thats true that until now some investors of 2017 are suffering too much pain not just while waiting to be pump (bitcoin) but also the time they spend just to hold bitcoin upto now. like me i dont believed in predictions because this only just happen last year (the ATH) meaning the condition of the recovery is very slow and not just can get by this current year (2018). if there some group of investors who want to adopt bitcoin in their business or company this will be a sign that bitcoin will pump soon, but until now, only FUDs can see.
what you are saying is like having a gem in your pocket but complaining that it is a heavy rock pulling your pocket down!
when you don't know what you own (bitcoin in this case) you obviously find it tedious to hold it. and when you don't have enough knowledge about the market and trading you will also have trouble making decisions about when to sell, when to buy and when to hold. for instance right now it is time to buy. and with the new drama about Tether it may be the best opportunity to get some money ready to buy more in case drama could have some impact.
when you don't know what you own (bitcoin in this case) you obviously find it tedious to hold it. and when you don't have enough knowledge about the market and trading you will also have trouble making decisions about when to sell, when to buy and when to hold. for instance right now it is time to buy. and with the new drama about Tether it may be the best opportunity to get some money ready to buy more in case drama could have some impact.
This year 2017 has not been favourable to those that buy bitcoin in 2017, ended and are still holding. Bitcoin is in a state that we have not expect as many investors and speculators were saying bitcoin will get to over $50,000 this year. We should still holding as selling below the amount we buy is selling out of pain and frustration.
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