What's your plan if you bought around all time high? - page 4.

Juggy777

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Quote from: anticonformist on April 23, 2019, 02:44:14 AM

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself Sad

What will you do when the market goes up and you get your money back. Sell or just keep holding?

Hey since you’re holding since 2017 I feel you’ll be better of selling your coins, and once you have used all you need you can come back and purchase them again. I feel people should understand that they may have goals in life which can only be achieved using money. Also in your case if you have sufficient money and do not need this money then you can continue to hold your coins, only you alone can decide what you wish to do with your coins.

klaaas

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Hodl ! Buying every month since then would had lower your average big and it is never to late to start with it Wink

People that didnt sell at 1400 ath are rewarded in the end [now] fiat wise.

markstivn98

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Quote from: anticonformist on April 23, 2019, 02:44:14 AM

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself Sad

What will you do when the market goes up and you get your money back. Sell or just keep holding?

I did not know bitcoin before the 2017 and I was not the lucky one who bought it when the price was low. But now if the price of bitcoin is $ 3,000, it is a good time to buy because I do not think it will go down any more. When the price rises, sell

ryzaadit

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Simple, try other money by finding a job. Then try to learn at past what the reason you get lose by investing at the cryptocurrency, after that find your own method to investing and make your self more better than before.

enhu

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Quote from: XCANA on April 23, 2019, 11:42:36 AM

Good question with a very short answer. Although i bought after the All Time High(ATH), and sold them out during a rise in January, 2018 which make me loose some amount but still appreciate the price. Those who bought during the ATH should simply hodl or stand the chances of loosing their investment. Waiting for the market to start, will be a better option for these categories.

You would have regret it if you didn't sell. I didn't bought at the ATH but its unfortunate that I didn't also sell since I was hoping the bear market will just slow down in several weeks but turned out it extended up to a year. I was able to sell few but still regret that I didn't sell it all. For a newbie though who doesn't even know where the market is going, he might just hold it and wait til the market reverse. If you didn't see it in the future like what google and facebook did before the dumps happen then holding might just be the worse thing to do.

XCANA

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Good question with a very short answer. Although i bought after the All Time High(ATH), and sold them out during a rise in January, 2018 which make me loose some amount but still appreciate the price. Those who bought during the ATH should simply hodl or stand the chances of loosing their investment. Waiting for the market to start, will be a better option for these categories.

rachellee

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Quote from: anticonformist on April 23, 2019, 02:44:14 AM

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself Sad

What will you do when the market goes up and you get your money back. Sell or just keep holding?

I will definitely sell to be safe and to get what I invested back. Whether it goes up or down, at least I'm not at loss 'coz I've already retrieve my investment. It's better to play safe than to be greedy and feel sorry again. Remember that you've had enough loss (time, energy, possible profit had you invested it in a more feasible investment) waiting for your investment back. Now, if you are not confident about your decision, study the movement of the market closely if it'll continue its pump pattern. But though it continues, surely there be a pullback, though small. Wait for it, then buy some.

Farma

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seeing the situation might be very good. when the money we invest returns, I think that can make people feel good. but, most people use money specifically for investment. if you really have believed in this development, I think holding back longer will be a pretty good thing. but, if you don't want to lose it, selling it will also be the right choice.

qwertyup23

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Quote from: anticonformist on April 23, 2019, 02:44:14 AM

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself Sad

What will you do when the market goes up and you get your money back. Sell or just keep holding?

If I were in your shoes, I would consider selling at least 50% of the coins and let the other half sit and collect dust until I regain its value. I mean let's face it, purchasing bitcoins on its all time glory is suicide for your investments especially if you are considering short-term investments. The other half, I would develop a strategy wherein I would utilize them for day-trading for accumulation of small profit margins.

Quote from: bitcoin31 on April 23, 2019, 07:32:54 AM

I bought dome amount of hundred dollars in the end of 2017 and I lose more money on that year. But I confident the value of the bitcoin will rise so I decided to hold and keep until my capital back and if see the movement will hitted very high more for dure I hold it more years again.

The potential of bitcoin is otherworldly, meaning there is always that opportunity that it might break the all time high somewhere in the future. But that would be the problem as we cannot predict accurately when that specific timeframe would come. Regardless, learn from that experience and develop a plan where you could regain the value of your loss.

Magkirap

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Quote from: anticonformist on April 23, 2019, 02:44:14 AM

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself Sad

What will you do when the market goes up and you get your money back. Sell or just keep holding?

Well a lot of us feel doubt whether to sell or hold but as of now I keep on holding it since I believe that the market will recover soon, most of us are still expecting because it will take a lot of time but if you have a specific goal then you will wait patiently even if it is risky since I know that it is worth it at the end. Aside from that in this kind of situation it is better to hold than to sell because you don't know if there is an opportunity that is waiting for you and we don't want to miss the chance that's why waiting and risking is better than regretting well we can't actually blame people who loves to hold their bitcoin they just want to avoid losing money because some of us had some experience like this and we don't want it to happen again that's why holding it is one of the key to avoid doing the same mistake.

jakelyson

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Quote from: anticonformist on April 23, 2019, 02:44:14 AM

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself Sad

What will you do when the market goes up and you get your money back. Sell or just keep holding?

So you are holding until the price returns to the previous ATH? I say hold more until you at least have a 20% profit. You waited 2 years already, another year or two won't hurt.

But my advice to you:
Buy more right now while the price is still down. This will give you a good price for your average cost in your investments. This means you do not have to wait for the price to reach the previous ATH to realize a profit. If you buy at the current price, you only need to wait until the price to reach 12500 to be breakeven.

crzy

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Quote from: anticonformist on April 23, 2019, 02:44:14 AM

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself Sad

What will you do when the market goes up and you get your money back. Sell or just keep holding?

Hold and move on, if its bitcoin don’t lose hope but if its a shitcoin i can say its hard to decide. All time high is not a good time to invest, this is the reason why we should take care investing during the bull trend. Learn how to trade and you can see your time to buy.

kaya11

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Quote from: anticonformist on April 23, 2019, 02:44:14 AM

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself Sad

What will you do when the market goes up and you get your money back. Sell or just keep holding?

I think I will sell 50 o 60 percent of it and will still hold the others. I already get over with the lost I had, I have extra cash now and you know what? I am still buying little by little in the current market state. So far the outcome is good and hopefully this will continue. This the days I have missed so much when most of the coins are in green. If I run out of cash in the upcoming weeks, gotta sell my gold accessories and add it to my BTC holdings.

kryptqnick

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Quote from: anticonformist on April 23, 2019, 02:44:14 AM

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself Sad

What will you do when the market goes up and you get your money back. Sell or just keep holding?

I did not by Bitcoin during the ATH, but I was saving some amount of it and did not sell it then, thus losing quite a lot. I also bought Ripple at ATH price, but it was only a couple of coins. I exchange some crypto for fiat regularly, but I now have a certain amount I am not withdrawing until the price reaches $20k or close again.
Holding means that what's been lost can be regained, so for now it seems to be a good strategy.

Siren

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Quote from: anticonformist on April 23, 2019, 02:44:14 AM

I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself Sad

What will you do when the market goes up and you get your money back. Sell or just keep holding?

Lucky that i had sold half of my bitcoin at the hype and holding the half untill now in which stands as my profit already so I don’t care about the prices because i am into longterm

But about your problem I believe that you stand to hold more than a year then why sell when you only got back your money?if i were you then wait for another set of time to hold

Lucius

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anticonformist, your investment was unwise and at the wrong time, no doubt about it. But when you saw that price reached its peak and that the situation is changed you could sell it with minimal loss. The fact that you have not yet sold your coins tells us that you still believe that someday you'll will return your invested money, and very probably make some profit.

What you need to know that every new ATH is bigger than the previous one, and my advice is to wait in case you do not need money. Last ATH is result of 20x increase in price, and if next can be at least 10x from current price you can double your investment Wink

baghdatis1990

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The most important thing is not to sell Bitcoin now when you are at a loss. At the next Bull-run, probably Bitcoin's price will be higher than the maximum price reached at the end of 2017.
However, to be sure of profit, you can still buy a Bitcoin now, and when the price reaches $ 20,000 again, you can sell both and you will make a profit.
There are many ways to make a profit, it's important not to withdraw your investment when you are at a loss.

BrewMaster

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you have to have been very lucky to have bought bitcoin in that very short time when price was near the ATH because it was indeed short and the number of "new" people who came into bitcoin is a handful.

as for what to do, you must have had a reason for holding those coins this long. if not then you must have found a reason. and if not then it is not too late to start making up your mind, try researching more about what bitcoin is and see if you can find those "reasons" why bitcoin is a lot more valuable than these silly prices. and if you can't then just sell and say goodbye.

MakeMoneyBtc

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I think everyone that bought bitcoin back in 2017 when bitcoin hit its ATH have now already sold everything and are long gone from this crypto world. For those who are still holding the bitcoin they bought back in 2017 , they will probably sell it as soon as the price reaches 20k again and then never come back to cryptocurrencies again since for most of them it was just a nightmare.

maydna

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I will still hold the altcoins and bitcoin that I bought since 2017 in my wallet, and I don't have a problem with that. I don't want to sell it right now because that means, I only get lost, and if the coin can increase in this year, then I will get a big loss later.

No problem if you cannot make a profit from the coin now because you don't sell the coin and only wait for the price to increase later, so you still have a chance to recover the money that you used to buy that coins.

But I still buy bitcoin whenever it's down so I can add more bitcoin in my wallet and I can hope that when bitcoin price increase then I can make a big profit later.

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