Topic: Those who have invested in bitcoin when it was 18k-20k$ - page 9. (Read 2065 times)
One of the most important rules of crypto investing is not investing more than what you are willing to lose---Wow
I have a friend who bought bitcoin during this peak season. When the bitcoin price was 18-20k USD. Now he is sad and disappointed seeing that the current price has dropped to 50% and more and he is afraid he is going to lose all. In short he lost his hope and faith in bitcoin already. Has anyone here did the same as he did? If you did invest in that amount what did you do to your bitcoin, did you sell it or still holding it?
I also bought some bitcoin when it was $19000 but am a crypto believer, I can't be sad
Only way for your friend is to be patient and wait for a long time, year or so. If he would sell bitcoin now he will lose his hope and profit forever, if not he will live a life full of hope at least. Anyway bitcoin will reach new peak season some day
I have a friend who bought bitcoin during this peak season. When the bitcoin price was 18-20k USD. Now he is sad and disappointed seeing that the current price has dropped to 50% and more and he is afraid he is going to lose all. In short he lost his hope and faith in bitcoin already. Has anyone here did the same as he did? If you did invest in that amount what did you do to your bitcoin, did you sell it or still holding it?
Best thing to do always is to have patient. We are all very sure that the price rate will at sometime go up, no matter how low. Most of you don’t even know what market is all about. This is market and it will always be volatile (and highly volatile when it comes to cryptocurrency) if you’re not ready to take the risks involved, then you better quit without looking back. Stop expecting the price to keep on going up always. I have a friend who bought bitcoin during this peak season. When the bitcoin price was 18-20k USD. Now he is sad and disappointed seeing that the current price has dropped to 50% and more and he is afraid he is going to lose all. In short he lost his hope and faith in bitcoin already. Has anyone here did the same as he did? If you did invest in that amount what did you do to your bitcoin, did you sell it or still holding it?
I don't have this experience but my friend did and as far as I know, she cut loss his bitcoin and sell it when the price is down at $14k and I heard that she buy bitcoin again when the price is at $10k and after that, I am not talking again with her. I think she will hold her bitcoin until the price increase again and I suggest to her to calm down for a while. I hope that she follows what I explain about this dip and I hope that she can get her money back later.
I don't think that .. one should think that much about it what I did was very similar to this.. and after that.. seeing the dip I... Just switched off the notifications of the offline wallet that I use and stopped seeing the price ..and trust me that has helped me a lot !
A lot to be.. carefree and..to be focused on holding.
Because no way am selling when the price is that low.
I have a friend who bought bitcoin during this peak season. When the bitcoin price was 18-20k USD. Now he is sad and disappointed seeing that the current price has dropped to 50% and more and he is afraid he is going to lose all. In short he lost his hope and faith in bitcoin already. Has anyone here did the same as he did? If you did invest in that amount what did you do to your bitcoin, did you sell it or still holding it?
I keep holding my coins that time thinking that the market will bounce back like what is usually happened after the series of dip before but the latest ultimate dip is truly a pain in the neck in which i realized now that if will just given another chance i will sell all my coins on that day and buy it cheap once again today. Now always getting worried everytime that there is a dip thinking that it will be the end of my investments.
Naturally, our own impulse would be to panic sell our btc. But that's not the smartest thing. Moat of the time, actions based on impulse would just destroy our plans for success. I bought at 17,000 and right nkw im really at a huge loss, that's if i sold at the price right now. But thats not gonna happen. I know btc is gonna climb back up so im holding and waiting. If i have to forget i have btc then i will and remember it the time its already up.
If you invest on bitcoin when the price is 18k to 20k$, they have no point of selling their bitcoin now, rather they can still hold on till market value appreciate, price frustration is one of the risk associated investment in bitcoin,. After rain sun will shine again, the price will soon appreciate.
Most of us will be hopeless and feel disappointed if we saw our investments in a declining stage, the proper way to handle it is to stay calm and wait for the right time but most of the time normal people don't even care whether they lose what matters most is that they get atleast half of the value they invested.
If I invested in bitcoin at that price I would still be holding it or try earning some profit through trading,
Back at that time I was just holding some alt-coin and a small amount of bitcoin thankfully I manage to earn some profit through my alts .
Back at that time I was just holding some alt-coin and a small amount of bitcoin thankfully I manage to earn some profit through my alts .
I have a friend who bought bitcoin during this peak season. When the bitcoin price was 18-20k USD. Now he is sad and disappointed seeing that the current price has dropped to 50% and more and he is afraid he is going to lose all. In short he lost his hope and faith in bitcoin already. Has anyone here did the same as he did? If you did invest in that amount what did you do to your bitcoin, did you sell it or still holding it?
I may include people who experience similar events. However at that time i bought when the price was around $15k- $17. When i see the market is always red i take the initiative and sell it when it costs $11k but i don't sell everything only 20% of what i have, because i think the price will recover. But in fact. . .(Angry)
I understand exactly what your friends feel, because i myself suffered from depression because the incident is precisely the price even more added down. One is certain until now i still hold 80% of the rest of the sale and although the price is cheap I do not dare to buy again due to the risky market conditions.
many who did this at that time were confident that its growth in the price to continue, no one expected such a strong decline in the price of bitcoin, so for such people it is now better to keep it at home
There is no need to worry about the present situation of the Bitcoin market, there is a huge chance for the people who bought the Bitcoin at the higher price. The present option they have is if they can manage to keep more money it is better to buy them at the present price of the Bitcoin. In this way, they can easily attain the average price of the Bitcoin.
many who did this at that time were confident that its growth in the price to continue, no one expected such a strong decline in the price of bitcoin, so for such people it is now better to keep it at home
yes, they still have a good chance to see the price rise again so they can sell it again but I am afraid that they need to wait for a long time and without any explanation when the price will increase. I think if I have this experience, maybe I will to close every market that I joined and will do the other things so I don't have to regret or feel disappointed because the price does not increase for now. I can do many things to prepare for the rise of the price so I can be ready to sell bitcoin once it increases higher.
many who did this at that time were confident that its growth in the price to continue, no one expected such a strong decline in the price of bitcoin, so for such people it is now better to keep it at home
I have a friend who bought bitcoin during this peak season. When the bitcoin price was 18-20k USD. Now he is sad and disappointed seeing that the current price has dropped to 50% and more and he is afraid he is going to lose all. In short he lost his hope and faith in bitcoin already. Has anyone here did the same as he did? If you did invest in that amount what did you do to your bitcoin, did you sell it or still holding it?
I have not done such thing as investing while Bitcoin was currently on its peak because I know the risk associated on investing at that moment and I think I have done the right move because I would just rather go investing if I see that something has a potential to grow and invest on it while price is somehow in a low price so that it can be observable that my money invested is undergoing the process of development because it is observable that my money grows from the initial.
I think this price buys BTC number also many!
The only thing to do now is to keep BTC and forget about it!
Wait until one year later to see the price of BTC!
The only thing to do now is to keep BTC and forget about it!
Wait until one year later to see the price of BTC!
yeah i have some friends like that too
bitcoin is very unpredictable we need a heart of steel to trading with it if that price is very abused, just change mode to investment
just closed and forget it, maybe a couple month it will better again
uniquely someone bought $ 20,000 dollars or $ 18,000 dollars, But it was all uncritical for them. Bitcoin went up and everyone thought that he would not stop at the reached level. bitcoin is very unpredictable we need a heart of steel to trading with it if that price is very abused, just change mode to investment
just closed and forget it, maybe a couple month it will better again
I strongly believe that bitcoin would cross 20k again in six months time. So be patient and holding coins in this situation would be better.
yeah i have some friends like that too
bitcoin is very unpredictable we need a heart of steel to trading with it if that price is very abused, just change mode to investment
just closed and forget it, maybe a couple month it will better again
bitcoin is very unpredictable we need a heart of steel to trading with it if that price is very abused, just change mode to investment
just closed and forget it, maybe a couple month it will better again
One of the most important rules of crypto investing is not investing more than what you are willing to lose!
if your friend wants to quickly get back what he invested he could try day trading which would be giving him some varying profits on a daily basis depending on the cryptocurrency he chooses to trade but he needs to learn the art its not something you learn in a day.
if your friend wants to quickly get back what he invested he could try day trading which would be giving him some varying profits on a daily basis depending on the cryptocurrency he chooses to trade but he needs to learn the art its not something you learn in a day.
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