Topic: What's your plan if you bought around all time high? (Read 3229 times)
Well, am going to sell some holding and never will I sell all, when bitcoin awareness wasn't as much as we have now, it went ATH, I can't really say what caused the price crash, but as we stand now, if the bitcoin ever touches $20k, it means something must have token it there and that would be adoption, I doubt one will ever see it to buy that low again as we have now. Many eyes are on bitcoin including government of different states, so selling all position could mean a doom. Just my proposed strategy.
I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself 
What will you do when the market goes up and you get your money back. Sell or just keep holding?
What will you do when the market goes up and you get your money back. Sell or just keep holding?If this happen to me, i think to recover losses, i will do trade and double my bitcoin to recover on USD value. But before make trade decision, we should choose legit coin and have good trading skill because price fluctuation very high
I'am still waiting for it, I gain nothing last 2017 I still have some of my coin and kept holding it, and still waiting for the right time for the market to go up, or else I will lose all my coin if I sell it all with the condition of bitcoin...well good for those who already have it maybe they're now rejoicing of what their profit..
It depends on how much at a loss you are. If you held from ATH all until now you are still in deep shit and I envy your strong hand. Now it's a bad idea to sell because we got a golden cross which means the end of the bear market. The price can go up and down but it will eventually go back up after this maybe in May we'll go to 6000 dollars.
If you are at a small loss don't worry about it and if the loss is big try to buy more to get even faster when the price goes up to 6000.
If you are at a small loss don't worry about it and if the loss is big try to buy more to get even faster when the price goes up to 6000.
It depends on how high the price went and how badly it is crashing. If the price sky rockets all of a sudden without any reason and I have bought at the peak, then after seeing the price crash, i would instantly sell whatever I have bought to reduce my losses. If there is a clear sign that the price was manipulated I would have done the same, that is sell out everything.
People if they wan't they can keep holding the coins to recover but until then will have to have patience.
People if they wan't they can keep holding the coins to recover but until then will have to have patience.
I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself What will you do when the market goes up and you get your money back. Sell or just keep holding?
What will you do when the market goes up and you get your money back. Sell or just keep holding?I buy and sell bitcoin depending on the actual conditions that occur in the market, whether they can provide profits in the short or long term, the point's we must be able to see their price movements even further before we make a decision.
I think this depends on our financial condition at that time, if it's stable, then I will leave my bitcoin there and wait until the price rises at a significant level by continuing to hold until an indefinite time limit, and the chance to gain profit big most likely will come true.
If they still have it, Strong hands will hold it to a new high. (most probably sold at a loss because they are possibly the worst at trading)
As soon as i was able to sell the coins i bought at a higher price, i will divide my capital into four and start investing level by level, leaving some money on standby in case of deep where i can buy and recover with ease.
Of course, if you purchased a cryptocurrency at the peak of its price at the end of 2017, then one of the best ways to save your invested funds will be their further retention until they again rise to the previous record price. What to do with this cryptocurrency further should depend on how promising the blow job itself or token is how successful their project is.
However, just holding coins is not the most successful method of making a profit. It is best to combine cryptocurrency with partial trading with significant decreases and increases in its price.
However, just holding coins is not the most successful method of making a profit. It is best to combine cryptocurrency with partial trading with significant decreases and increases in its price.
I didn't buy around the all time high (quite the opposite actually). But if i did i would sell my bitcoin during one of the small pumps we have been having recently. It is never a good idea to buy into crypto because of hype. If OP does not want to sell his BTC for fiat they could diversify and buy some altcoins or simply keep holding the BTC hoping the price breaks $20,000 again some point in the future.
The last lot that bought at all time high of $1200 in late 2013 had to wait until late 2016 to sell at a profit so if BTC is to have a new ATH it probably wont be until the early 2020's.
The last lot that bought at all time high of $1200 in late 2013 had to wait until late 2016 to sell at a profit so if BTC is to have a new ATH it probably wont be until the early 2020's.
I bought during that period too.
My strategy has been to see and buy back at a lower price compared to the price I sold.
I think it's better than just holding it and doing nothing waiting for the market recovery.
Yes, but sometimes your method can also cause damage. The fact of the matter is that in the world of cryptocurrency there is no concrete path to success. You need to look for it. My strategy has been to see and buy back at a lower price compared to the price I sold.
I think it's better than just holding it and doing nothing waiting for the market recovery.
In a few years you will laugh at how high the price of Bitcoin is. Guess what? Many people bought at $1,000 during the previous peak, and they held, and now they have way more return on their investment. So the answer is just hodl and you will make money in the long run!
I bought during that period too.
My strategy has been to see and buy back at a lower price compared to the price I sold.
I think it's better than just holding it and doing nothing waiting for the market recovery.
My strategy has been to see and buy back at a lower price compared to the price I sold.
I think it's better than just holding it and doing nothing waiting for the market recovery.
If you are not sure about what to do about your losses, do this:
Take two sheets of paper.
1. On the first sheet, write the following:
2. On the second sheet, write the following:
3. Throw out the first sheet.
You have what you have, and no plan or strategy or rationalization or accounting gymnastics can change that. Move on.
You're welcome.
Take two sheets of paper.
1. On the first sheet, write the following:
- Starting investment on
: - Loss/gain:
- Current investment on
2. On the second sheet, write the following:
- Starting investment on
3. Throw out the first sheet.
You have what you have, and no plan or strategy or rationalization or accounting gymnastics can change that. Move on.
You're welcome.
Luckly my loss not too deep that when 2018 early i was decide cut loss because i was so worried the price gradually decrease but if you still have bitcoin which is bought from 2017 and still hold until today then i think there is no way besides hold it for much longer and since market situations were getting better this year i think possibly the price will high again than now
I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself . What will you do when the market goes up and you get your money back. Sell or just keep holding?
I got same as you and i loss alot of money. but i sold some btc on 2018 and hold half mine on wallet. no problem as me thingking crypto have good future as payment. i will keep half my btc on wallet and waiting price 2x i bought at 2017. just be positve man and smart 
. I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself What will you do when the market goes up and you get your money back. Sell or just keep holding?
I didn't buy Bitcoin at its peak but I bought some Altcoins at its peak and I have lost 99% of its value from $10 per coin now down to $0.10+ dollars per coin but no regrets in my part because I only invested the money that I afford to lose. What will I do when the market goes up and reaches the price at the time when I bought it? Definitely, I would sell some of it if I needed money and hodl most of it. We have different kinds of "investment plans" but we are on one goal, to make our investments multiple times fold. What will you do when the market goes up and you get your money back. Sell or just keep holding?
if you had bought Bitcoin at the all time high level then you should continue to HODL and wait for the price to rise till that level. This will happen eventually by 2023 or before. then sell some to square even and HODL the rest till you make good profit. This strategy I understand does require a lot of patience. But in the end you will earn the fruits of profit. So stay Calm and HODL.
We don't know how long we should be keep on holding and I'm afraid that they can't manage to do it.We are too far from 2017 ATH and we are more than a year of being in bear which I feel that it is not good to hold at all, I may sacrifice to loss few buck rather than to keep on waiting to nowhere. It could be better to diversify our portfolio and start over again.
if you had bought Bitcoin at the all time high level then you should continue to HODL and wait for the price to rise till that level. This will happen eventually by 2023 or before. then sell some to square even and HODL the rest till you make good profit. This strategy I understand does require a lot of patience. But in the end you will earn the fruits of profit. So stay Calm and HODL.
I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself What will you do when the market goes up and you get your money back. Sell or just keep holding?
What will you do when the market goes up and you get your money back. Sell or just keep holding?That can be a very hard question to deal with most especially if one is a newbie in the world of investment and is not an experienced one where one may have alternatives. I can understand the feeling of being lost as I am a newbie too, so I am sympathizing with those who bought cryptocurrency at their highest and is now confused on what to do -- either to wait for months or let go. In this case, and this is just based on my opinion, if you are planning to use the money that you can get from converting them with something else or another business then maybe this is the best time to convert them but if you have nothing alternative use then maybe you can just wait for a little longer time.
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