What's your plan if you bought around all time high? - page 5.

eann014

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Quote from: anticonformist on April 23, 2019, 01:44:14 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 still just hold my coins and wait for the right time to sell, so I will just keep on holding my coins than to lose a lot, bitcoin price drops so hard and we all know that so for sure if you buy with the last all time high then you lose a lot today for sure.

izanagi narukami

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Before the bull, I try to sold it but after Bull, I'm try to hold it.
It's human nature called greed and most people will do the same.

If you make the determination for being an investor, you will decide to hold it just like I did over 5 years !

kurian

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I will sell for sure and wait for it to go low. If there is an up there would be down trend sooner or later. So, it is wise to not hold coins in previous all time high IMO. Bitcoin in past years has showed the cycle of price movement. There won't be a constant uptrend for a long time. So, utilize your funds wisely. If you are too concerned about making money by hodling then, just keep a percentage of your funds for hodling and see how it goes.

okala

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Quote from: anticonformist on April 23, 2019, 01:44:14 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 buy bitcoin when the all time rise happened towards to end of 2017, but if you ask me since those that bought at that time can afford the patients to wait till this moment and eventually till when the price reach the amount they bought at that time, I don't think it will be a big deal to remain positive and wait till you get some profits on your investment. But that is a hard decision any way.

Astvile

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I didnt purchase bitcoin at mountain peak price but if i did bought and been a bag holder and when bull market hits im 100% sure that i will really sell all my coins once i regain my lose,its hard to predict how far can bitcoin go when its pumping so i can be a victim of bag holding again if i continue to hodl

LeGaulois

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If you bought Bitcoin during its ATH $20,000, you should have continued to buy more when the price dropped sharply. At least it would have lowered your cost price per Bitcoin. If you don't have a budget then no problem, move on. Now if I were you, I'd think about a few things:

- Am I able to accept losses and can I afford it financially?
- Am I able to absorb the debts in a reasonable amount of time?
- Can I afford to wait until I reach a possible break even, and resell everything in order to at least recover my initial investment.
- Am I still confident that the price of Bitcoin could go up?

The only thing about the last 2 points is that you have to remember that you are speculating on a situation (which may or may not happen)
I think it depends on everyone's personal situation and mindset. I would wait to recover at least my funds but I would also set a point where I would to admit the losses and sell with a deficit.

bitcoin31

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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.

marycrazy08

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Quote from: anticonformist on April 23, 2019, 01:44:14 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 actually did bought a lot at the highs, specially with alts and i got burned 20 grand, still not recovered. Sad

Naida_BR

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If we reach a new ATH i will probably cash out the half of my assets for liquidity reasons and keep the others in my wallet in order to diversify my actions.
We don't really know if we reach a new ATH when this is going to stop. It may continue to keep rising for a significant amount of time so I would definitely not want to miss this opportunity of making more money that will help me take better decisions in the future.

DrDoctor1234

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I guess you'd have to hold? I didn't get anything during all time high, but to pump it that high alot of people would have had to!

May as well wait 5 years and see where you land. If you don't think something today will be worth as much in 5 years time, you shouldn't invest in it. Nothing to lose by holding to that principle now.

emberbekas

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Quote from: Script3d on April 23, 2019, 03:55:08 AM

Quote from: anticonformist on April 23, 2019, 01:44:14 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 have bitcoins bought at the all time high price i would keep holding until the price reaches a new all time high price, that way holding bitcoins for a long time will be paid, but it's hard to tell what price will be the new all time high, i guess i will sell it at profit so i wouldn't go home with a loss again.

Keep holding the coins we bought during all time high prices and wait till the next bull run to come. Meanwhile, we can make another investment while the price is below it. Try not to regret it too much by doing other stuffs is the good way to minimize the pressure.

Crypto Girl

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Quote from: anticonformist on April 23, 2019, 01:44:14 AM

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

Obviously, you will just loss if you sell them, isn't it? But if you're still holding it technically you haven't loss any.

Quote

like myself Sad

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

Will just keep holding it. Imagine that you be able to hold it for years since you bought it then why not wait for more years. Not unless you need money badly, that's another story. Wink

Script3d

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Quote from: anticonformist on April 23, 2019, 01:44:14 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 have bitcoins bought at the all time high price i would keep holding until the price reaches a new all time high price, that way holding bitcoins for a long time will be paid, but it's hard to tell what price will be the new all time high, i guess i will sell it at profit so i wouldn't go home with a loss again.

jossiel

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You already felt on how was it to be in a loss. And what you must do is to start selling if you want to chase the capital to break even but if you don't need the money yet, you can hold and wait for further movement of the market.

Your life situation will tell you on what you must do. If you are in very tough situation and you need cash on hand then you have to start selling whenever the market goes on high.

hugeblack

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As long as you do not sell at $ 3200 there is no reason to sell for $ 6000.
The investment you made did not affect your daily life because you ignored it and did not sell even when there were no hopes for profits so as long as you do not care about the loss, sell at the biggest gain or forget the money to be valued at the highest value.
Just Hodling Cheesy

rahmatullah9305

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Activity: 983

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It's a difficult choice. Because the price is unpredictable.
A few hours ago the price of bitcoin exceeded its record.
And we don't know what will happen next.
But for now I will definitely maintain bitcoin, waiting for prices to rise again because the opportunity for bitcoin prices continues to increase.

Betwrong

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Quote from: anticonformist on April 23, 2019, 01:44:14 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?

It depends on the amount invested in BTC. If this amount is close to what you can afford to lose, then keep holding and wait until the price will be higher than that at which you bought. There are chances that we'll get there by December. But if you need the money for living right now, then sell little by little, once in a week, just to obtain the money you need, not more. Why not more? Because we can't know whether the price is going to be 50% higher that it is now in a week, and it's frustrating losing such a big percentage of your money.

alisafidel58

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Activity: 364

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It's hard to say because I'm not on your foot but I think that you should hold a little more until you can finally gain a profit that you like before selling it. After holding for so long it is best that you should profit from holding than to sell it right away just to recover your losses, eventually, you will profit you just need to hold a little more.

bhabygrim

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Maybe if I invested in an all time high and it crash down so deep I would try to recover some by daily trading.
I would try to recover little by little instead of just waiting around besides I already lost too much I don't think it would matter anymore.

lyks15

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Activity: 546

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For me I will still keep my bitcoin. I am not greedy but why I will settle for less when I can have more? We do not have to rush as long as we are ready to and we accept the challenge of a long terms investment. But I can say that,this action is full of risk. So this kind of strategies is only applicable to the brave investors that wants to make them capital more fruitfull.

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