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Topic: What percentage of bitcoin buyers at the higher prices are still holding? (Read 316 times)

member
Activity: 560
Merit: 11
yes, I think they still hold their BTC assets, they will not sell it if the price falls. they choose to hold or buy.

BTC's trust is still large in the public eye. so, BTC won't die.
full member
Activity: 1750
Merit: 186
Well if those ppl who bought at highest peak price are holding it, then why ppl say they lose a lot then?  You don't lose until you sell.
sr. member
Activity: 602
Merit: 252
Almost each and everyone who bought at the highest peak price of bitcoin will be holding it. Very few out of anxiety might have sold and ended up their journey with cryptocurrency. Once again the price will go beyond the previous peak price, but none knows when this is gonna take place.
newbie
Activity: 18
Merit: 0
I would think that most people that bought after 10k, only purchased smaller amounts of btc (lots of these ppl), While the remaining volume belongs to whales that manipulate the price. Obviously the whales sold it off as they are mostly in here to make profit by trading. I dont think to many ppl hold after the drop at 12k, (ofcourse except the long term hodlers that got in pre 2017 (under 3k))
full member
Activity: 1750
Merit: 186
Well would you say majority of those bitcoin buyers in late 2017 are still holding or not?
member
Activity: 560
Merit: 11
yes, I'm sure, most crypto users still hold BTC. they understand the BTC market cycle.

but, they also feel panic about the current market conditions, their decision is to buy or hold.
member
Activity: 392
Merit: 11
I know many friends who after bitcoins fallen to 8000 USD in this year sold all their holdings in bitcoins which they bought at its highest. Most traders too have been trading their way out to this point.
legendary
Activity: 1652
Merit: 1483
By that i mean last year when bitcoin went to 3k and up all the way to 19500.  I know lot of people bought btc at 5k or higher and of course many ppl bought it at 10k price or more.  And obviously many of us are not happy about this.  However, what percentage of these people would you say are still holding btc?  Because if you don't sell it... you did not lose.  Yes you could bought btc at 19500.  But if you still have not sold it, you haven't lost money yet.

I know that in trading, when one person wins, another loses.  So of all the people here who bought btc at the higher prices especially 10k plus price etc... would you say more or less than 50 percent already sold it?

Like lot of people post i bought btc at 10k, 13k, 15k, 18k, 19500 etc.  But would you say most are still holding? 

it's hard to speculate about those who bought in late 2017 or early 2018---the $10k+ buyers. i suspect a lot of them were shaken out while we were trading in the $6000s-$8000s, but we can't know for sure just by looking at price and volume.

what we do know is this: the market has only been trading below the $6000 area for a few weeks. the rest of the year, it was trading much higher. so effectively, all the people who bought from early november 2017 through mid-november 2018 are in the red. everybody buying for the past several months is in the red.

i'd say there's a lot of these buyers left because we haven't seen a high volume capitulation and the price only crashed a few weeks ago.
full member
Activity: 574
Merit: 100
https://ammut.network/
By that i mean last year when bitcoin went to 3k and up all the way to 19500.  I know lot of people bought btc at 5k or higher and of course many ppl bought it at 10k price or more.  And obviously many of us are not happy about this.  However, what percentage of these people would you say are still holding btc?  Because if you don't sell it... you did not lose.  Yes you could bought btc at 19500.  But if you still have not sold it, you haven't lost money yet.


I know that in trading, when one person wins, another loses.  So of all the people here who bought btc at the higher prices especially 10k plus price etc... would you say more or less than 50 percent already sold it?


Like lot of people post i bought btc at 10k, 13k, 15k, 18k, 19500 etc.  But would you say most are still holding? 
I think they survive for 50% of the losses now, maintaining all assets will slow down to make a profit, I am willing to give up 50% for me to play back by getting a pretty cheap purchase price
member
Activity: 392
Merit: 10
I am keeping my btc coins as well as my ether coins. I think it is the best way to earn money on the cost difference. To my mind, it is better to choose btc because its price will soon increase
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
a lot of people are investing in bitcoin instead of day trading it.

Trading requires a lot of skills; ability to read charts and make analysis from your research and attempt to predict the future price from a couple of hours to weeks. And it most times forces you to also engage in altcoins when looking for more options.

Investing just requires you understand the foundamentals, invest as much as you can afford to lose and hodl.

that is true but remember it is not all about skills. there are many skilled traders that don't want to trade because of the situation with exchanges. after all you have to trade on exchanges!
to put simply many don't trust them. specially those who have been around to witness or even experience some of the exchange scams in history of bitcoin which are now devastating since they lose large amounts of bitcoin to these scammers. so they prefer to now only buy bitcoin as an investment.
jr. member
Activity: 482
Merit: 3
It may not be that very easy to get the statistics of those who bought Bitcoin at 18000$ upwards as many wouldn't want to get identified. Also quite a good number of them would have sold it tanked to 6000$ then pushing up to 9000$ again.
member
Activity: 952
Merit: 41
This year 2018 have been a very challenging year for bitcoin and the entire cryptocurrency, as the price of bitcoin have been on a constant fall. Before the end of 2017 the price of bitcoin was close to $20,000 before at the early start of this year we witness a strong fall in price of bitcoin and that has continue till this present time and during last year a lot bought bitcoin at different price and have sold a lot too but to say in totality the market have not been good this year but you can only lose when you sale below the price you bought it.
legendary
Activity: 2436
Merit: 1362
what difference does it make?
there is a market and a chart and that is all you need to know and care about when it comes to price. and then there is the underlying technology which is making bitcoin and that is also all you need to know about the potential of bitcoin's future rise.

Totally agree. There's no use of knowing such stats. Also, you will get a headache if you will try to search those figures and give meaning to it. Don't make your life too complicated.

Ok while we dont NEED to know it is an interesting question by the op.
I would guess the percentage is skewed because on a personal level
my first bitcoin was bought at around $1000 so im still up at the
moment on that one but I have been buying at various stages on a small
Level since the price was around $5500, my last purchase was last week.

What im trying to say is that for me and im sure others im looking to the
future. Im topping up my holdings when i can.

There are others who have sold at a loss because of fear abd there are
others on the forum trying to persuade people to sell while the markets
are down.
member
Activity: 210
Merit: 29
a lot of people are investing in bitcoin instead of day trading it.

Trading requires a lot of skills; ability to read charts and make analysis from your research and attempt to predict the future price from a couple of hours to weeks. And it most times forces you to also engage in altcoins when looking for more options.

Investing just requires you understand the foundamentals, invest as much as you can afford to lose and hodl.
sr. member
Activity: 1988
Merit: 275
what difference does it make?
there is a market and a chart and that is all you need to know and care about when it comes to price. and then there is the underlying technology which is making bitcoin and that is also all you need to know about the potential of bitcoin's future rise.

Totally agree. There's no use of knowing such stats. Also, you will get a headache if you will try to search those figures and give meaning to it. Don't make your life too complicated.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
what difference does it make?
there is a market and a chart and that is all you need to know and care about when it comes to price. and then there is the underlying technology which is making bitcoin and that is also all you need to know about the potential of bitcoin's future rise.
full member
Activity: 466
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
I think there are still many people who persist with their beliefs, but it seems that 50% + of them have sold their bitcoin with despair and loss.
member
Activity: 420
Merit: 13
Silence
We cant tell how many of them are still holding but think if you are in their situation Im sure you will hold it because you will get a big loss is you sell it right now.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
it is not possible to know these things so you are basically asking for a guess. I'd say all the people who were planning on selling in case of a price drop and also bought their coins above $10k have already sold their coins. at least 99% of them have done it already because of the FUD pressure that has been on them. specially since the $10k rise was a short time so only FOMO buyers bought in that range and then during fall from ATH very few new people bought in.

remember that losing money is not about selling or not selling. it is about when you sell, why you sell and what you do with the money after you sell.
someone can buy at $20k then sell at $15k to lose money but again buy back at $10k to make a good profit then sell at the recovery to $14k and then buy back at lower price to own a lot more bitcoin than before so that is a big profit even though at this moment it doesn't look like it because of the current price but in long run it will show itself. and not everyone is a trader to do things like this!
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