Topic: What is the best advice for Bitcoin ATH investors ?? - page 4. (Read 1094 times)
This is not the time to sell if he has been patient since 2017 December and 2018 January. Traders are expecting that price will pump again after the halving has come. So wait and don't keep looking at price every time. You can also buy some coin now if you have the money so you make profit when it gets to $15k and you log out the both.
What advice can you give those who buy Bitcoin at 19k in 2018?
it was 2017 not 2018.
and my advice is that these people should join the lottery more often because someone who was able to catch the price that only happened withing a very short time (which was a matter of days) and buy bitcoin there whereas bitcoin have been around for 11 years has a high chance of hitting the impossible targets so they may have a good luck in lottery
What advice can you give those who buy Bitcoin at 19k in 2018? Because I still have friend who got in at that time, now he doesn't have the mind to sell and take his loss, what is the best advice to pass unto someone in this situation??
Yes, he can wait until the value reaches in break even or above but already a long time have passed from 2018 and the investment is laying idle. Still it is uncertain when this spring will come. So, your friend can take another strategy to recover his capital. First he has to engage in trade. He should buy different tokens and coins with the existing bitcoin and make trade in different platforms. From trading he can make profit and recover loss. But before trading, he should make himself skilled on trading otherwise all the investment may loss.
What advice can you give those who buy Bitcoin at 19k in 2018? Because I still have friend who got in at that time, now he doesn't have the mind to sell and take his loss, what is the best advice to pass unto someone in this situation??
I think you are not alone holding bitcoin that you bought in 2018 because I guess many others still hold their bitcoin. At these situations, you can hold or trade your bitcoin, and that is your choice. If you sell it right now and you don't trade, you are making a loss, but I don't know how big your loss. But if you trade, you will have a chance to recover your loss slowly, and that will depend on how you can analyze the bitcoin market. And if you have skills in trading, I think you can make a profit in bitcoin or usdt so your chance to recover your loss before will be bigger. And who knows, you can make more profit besides to recover your loss.
I am also an investor who bought bitcoin at the ATH price, and what I have done is still holding bitcoin until now. As long as we haven't sold
the bitcoin that we bought at the ATH price, we haven't lost anything. Therefore my advice to investors who buy bitcoin at ATH prices, don't
do anything. Wait until bitcoin reaches the price of $ 19k again, if we really do get to know bitcoin. Definitely sure bitcoin will return to the
ATH price, now this is just the patience we need.
the bitcoin that we bought at the ATH price, we haven't lost anything. Therefore my advice to investors who buy bitcoin at ATH prices, don't
do anything. Wait until bitcoin reaches the price of $ 19k again, if we really do get to know bitcoin. Definitely sure bitcoin will return to the
ATH price, now this is just the patience we need.
I do think the following qualities can help you long way :-
That's good stuff.
Another of the main things anyone can do is attempt to get a handle on their emotions. That's the number one thing that destroys people in this space.
If you do the opposite of what your emotions want you to do you're likely to finish up vastly better off. The hard part is managing it and very few can. If a ATH buyer is still here then they might already be doing better than the average person who would've dumped at the absolute bottom.
On the other hand buying at the tippy top is a classic FOMO move. At least it hasn't cratered completely and they've had a long time to process things and be better set up for next time.
Going through a complete boom and bust cycle is massively beneficial to your attitude to everything. You see things much more clearly the next time around. If there was a way of injecting that experience into new arrivals there'd be far less ruination.
What advice can you give those who buy Bitcoin at 19k in 2018? Because I still have friend who got in at that time, now he doesn't have the mind to sell and take his loss, what is the best advice to pass unto someone in this situation??
He either continues to wait or he takes the loss like that. How do you buy Bitcoin at $19,000 and the price keeps decreasing and you do nothing about it till now? So, there is nothing to do apart from the two options I have given, but if I were him I would just leave the coins in my wallet for a long time.There are already experts predicting that the price of bitcoin might reach $70,000 this time around when the bull run starts. So, he should leave the money there and have patience till the next bull run. At least he will learn to only invest what he can risk in Bitcoin. It's just like my friend that kept bugging me and asking if he should invest in Bitcoin, I told him straight that there is no guarantee he will make money, that he can even lose it, so any he's investing there should be the ones he's ready to lose.
What advice can you give those who buy Bitcoin at 19k in 2018? Because I still have friend who got in at that time, now he doesn't have the mind to sell and take his loss, what is the best advice to pass unto someone in this situation??
if the money he invested is still not needed why not hold until the last moment. I mean hold the coin until it reaches 19k or the price he is comfortable with. also, halving just happened so there is a chance that the price might increase(but also might decrease) this year, next year or the next year after that and so on.. but there is no guarantee. but in the end, it is still his choice what to do with his money.
What option do they have? To lose or to sustain? If I were to choose, as long as I have enough funds for what I need to survive, I will not withdraw my investment as long as the market price is equal to the day when I bought it. Or else, wait further to see if the market will continue to increase hoping that I will get a profit out of it.
This is a long term decision, if we invest that much for bitcoin with 18k dollars, we should extend our patience us well. Selling it will just give us half the price of what we've invested so think twice.
This is a long term decision, if we invest that much for bitcoin with 18k dollars, we should extend our patience us well. Selling it will just give us half the price of what we've invested so think twice.
What advice can you give those who buy Bitcoin at 19k in 2018? Because I still have friend who got in at that time, now he doesn't have the mind to sell and take his loss, what is the best advice to pass unto someone in this situation??
So if he doesn't want to take his loss then what is the next step he do? ask it to him since there are so many decision that needed to think about, If he still funds to trade then its best to baghold those while waiting for a pump since there is a halving occuring and might he can recover his funds when it reach to ATH but if he doesn't have any funds left the best decision he can do is to cut loss and recover his money little by little by trading on the current price level.
Bitcoin can exceed its previous all time high even getting at $50M dollars worst case originally from $200M theory if the stock to flow model where to correctly predict Bitcoins price pattern.
So i suggest to have patience and mental strength to hold because you will surely be rewarded and profitable in the long term.
So i suggest to have patience and mental strength to hold because you will surely be rewarded and profitable in the long term.
What advice can you give those who buy Bitcoin at 19k in 2018? Because I still have friend who got in at that time, now he doesn't have the mind to sell and take his loss, what is the best advice to pass unto someone in this situation??
HODL.
Literally, they aren't still in loss unless they will sold it. Your friend managed to bear the hard and painful period of seeing bitcoin losing its value so why this should be a problem. If I'm your friend, I already assume that as a loss back in 2018 and will just remain those coins untouchable until now while on the way, I do some accumulation at any chance.
Unless your friend needs money, to the point that it will be used into something really important, that's the time selling should be considered. But if your friend can extend his patience and not necessarily a big deal to just continue holding it, then much better.
What advice can you give those who buy Bitcoin at 19k in 2018? Because I still have friend who got in at that time, now he doesn't have the mind to sell and take his loss, what is the best advice to pass unto someone in this situation??
Keep on holding because bitcoin will make a new ATH again and I suggest to buy again when bitcoin dumps so the cost of investing will be more lesser. I also have my friend who bought during the peak last bull trend and they lose big money on selling at a cheaper price, so better to keep holding because the time will come again for bitcoin and the market will enter into a new bull run. My advice is to keep learning and learn from this experience, its not easy to hold but you have to trust bitcoin. 
What advice can you give those who buy Bitcoin at 19k in 2018? Because I still have friend who got in at that time, now he doesn't have the mind to sell and take his loss, what is the best advice to pass unto someone in this situation??
Why would you think that he should take a loss? As an investment advisor by trade, one thing I stress with everyone is technically you aren't losing anything until you sell. Yes your account value is down but you still have the same amount of shares (coins)..so you still have the ability to grow your value back. If you sell then you don't. The silver lining is if you do sell at a loss, you can use it to offset some of your investment gains.
What advice can you give those who buy Bitcoin at 19k in 2018? Because I still have friend who got in at that time, now he doesn't have the mind to sell and take his loss, what is the best advice to pass unto someone in this situation??
As long as your friend is not willing to sell at a loss then it is positive, some people jumped into bitcoin after hearing about a rally and they did not even think about anything before investing and got roasted bad, he could have averaged the base price if he would have purchased when the price reach bottom and i expect he did not invest further, either hold for a couple of years or try to average the base position by investing whenever the price goes down. 
What advice can you give those who buy Bitcoin at 19k in 2018? Because I still have friend who got in at that time, now he doesn't have the mind to sell and take his loss, what is the best advice to pass unto someone in this situation??
That's a hard choice for him though but I think your friend has a lot of options to choose that's why he thinks selling it now is not an option at all. Maybe the amount of bitcoin he bought is not that high or he doesn't really care if he loses it or not. so it's better for him to leave it there until the price will spike again just like last time. This is why we always chose to invest something that we will have no problem later on whether we lose that investment or not. Your friend is doing the right thing all you can do is cheer him up.
What advice can you give those who buy Bitcoin at 19k in 2018? Because I still have friend who got in at that time, now he doesn't have the mind to sell and take his loss, what is the best advice to pass unto someone in this situation??
I think your friend has 2 options.
1) Will wait for Bitcoin to reach new ATH
2) Increasing the number of BTC owned by Altcoin trade.
These 2 options are the only partner, that is, your friend should not return to cash right now.
I agree with this. If your friend can manage not to cash out his bitcoins, better hold it. He will incur huge loss if he will sell it now. However, buying more is his prerogative and if he is willing to take another risk. But if I have the funds, I will also buy more as I strongly believe that in the coming months or years, the value of bitcoin will continue to increase.
Hello everybody. I believe that many of us were very impressed with the incredible growth of cryptocurrency, even if we take the price of one dollar a few years ago, and the current price of 9500 dollars, then this is very cool. Not many came here to buy bitcoin for 9,500 and sell it for 11,000. We all want to multiply capital by several thousand times. If you trust the forecasts of Bitcoin prices of $ 100,000 or one million dollars, it makes no difference whether you bought it for $ 20,000 or $ 5,000 ... I don’t understand those who doubt it, you came here to take extra profit, so be true to your dream. Buy whenever you can, buy for 9,000, for 15,000 for 20,000. I believe that when bitcoin will cost one million dollars, you will be very sorry that you did not buy it for 100,000 dollars. Perhaps this is a simple demagogy and this makes no sense, but there is no sense in the fact that you bought bitcoin for 19K, and you regret it. We are making huge strides towards the digital economy - do you really have any doubts about the rampant growth in demand for bitcoin and, ultimately, that the price will be much higher than 20K ?!. Personally, I have long been rid of any doubts - I I give the best advice, buy bitcoin even more.
I do think the following qualities can help you long way :-
1. Patience , wait it will all be good !!
2. Timely checking the prices of your investment
3. Always be one step ahead and read the news from trusted sources
4. DO NOT FOLLOW anyone!! Not on Twitter , not on YouTube.
5. Make decisions wisely , think 10 times before you sell or buy and take into consideration how it can affect you in the future.
6. Always keep track of your profit and losses so that it does not get messy in the long run .
7. Do check for scam accusations periodically if you are investing in Altcoins or a new ICO
8. Keep some of your amount in a exchange wallet downloaded offline so that you can actually sell or buy at the right opportunity , Cryptocurrencies can change their prices drastically , you don't want to wait for your money been transferred and such
9. Make your local community with respect to cryptocurrencies and all so that you can actually do the trading locally without intervention
10. Do not buy BTC or any other cryptocurrencies from individuals you don't know about or third party sites which are not recognized . Always check the reviews .
Hope that helps .
1. Patience , wait it will all be good !!
2. Timely checking the prices of your investment
3. Always be one step ahead and read the news from trusted sources
4. DO NOT FOLLOW anyone!! Not on Twitter , not on YouTube.
5. Make decisions wisely , think 10 times before you sell or buy and take into consideration how it can affect you in the future.
6. Always keep track of your profit and losses so that it does not get messy in the long run .
7. Do check for scam accusations periodically if you are investing in Altcoins or a new ICO
8. Keep some of your amount in a exchange wallet downloaded offline so that you can actually sell or buy at the right opportunity , Cryptocurrencies can change their prices drastically , you don't want to wait for your money been transferred and such
9. Make your local community with respect to cryptocurrencies and all so that you can actually do the trading locally without intervention
10. Do not buy BTC or any other cryptocurrencies from individuals you don't know about or third party sites which are not recognized . Always check the reviews .
Hope that helps .
My advice is to just wait and sell in the nex pump. We all know that bitcoin is heading to new ATH but when? that's the question. It could be days, weeks or months
He just should be patient
He just should be patient
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