Topic: Who bought Bitcoin in late 2017? Still recovering or fully recovered? - page 2. (Read 652 times)

i don't take it as recovering because i willingly invested for long term holding so what ever happens from that year until now is part of plan.
though there are some times that i think losing up?but still my Love for bitcoin and crypto stays there.

so i think it is a matter of choice on how you want to treat your investments here,the more you afraid of losing is the more you will fail.

I sold most of my btc gradually to make a continuous recovery process from daily trading in the past 4 years. the nominal is certainly not as big as when I first bought it, but at least it relieved my anxiety because of the influence of emotional pressure at that time. I did not know about Realcoin / Tether at that time and only witnessed how the price of bitcoin dropped dramatically without a significant reversal.

I'm curious to know if someone really hold that long after learning that their investment could turn to zero after fuds are being posted everywhere. Buying while the price is more than 18K must be a nightmare upon seeing the price went down to $3k. He would probably dump after reading fudsters posting about BTC going to zero just to get back some $ he had. It would also be frustrating for him when later on BTC bounce to more than $20k again while he doesn't own anything anymore because of fear.

Yeah, if anyone had bought bitcoin back around December 2017 or a few months before, they're still in the red.  If they'd sold this past summer when it was around $13k they might have lessened their losses, but they're still losses nevertheless.

I don't think I was doing much buying back then, but I can't remember specifically.  I do remember thinking that the market was overheating and that it would be a horrible time to buy bitcoin when it was making all-time highs every day or so.  But obviously a lot of people were buying, else they wouldn't have driven up the price so much.  My guess is that most of them sold at a loss, which is what usually happens in bull markets, bubbles, and the subsequent crashes.

And yeah, if you'd held altcoins that you bought back then you'd still have one hell of a wait before you were above water again, and with some of them you'll probably never break even.

Those people who bought bitcoin in the year 2017 and pull out their earnings become rich already and make another investment today, and I think the price of the bitcoin is entirely too low for having a good price way back on the year of 2017. Still, if the investors grab the opportunity to make an investment when the price is low, I think they already got their profit back because even bitcoin is the highest profitable coin today. Still they have another source of income to use.



After the price of the bitcoin fall for over $6000 today it is continuously recovering in the market price because time by time the price of the bitcoin back again for over $9000 and this is a good sign for another bullish market after this market happens the cost of the bitcoin becomes stable for a week in the middle of the amount of $8000 and increasing slowly again with a good sign for reaching back the 14k dollars.

I never really bought any bitcoin it all started in faucets, cloud mining and then signature campaigns i was accumulating small amounts through this methods so that he 2017 devastating bubble kinda shock me and wish i'd exit before it happened but i realized that's its fine cause i didn't anything to it really.

If recovering against ATH, I think it still hasn't been achieved because bitcoin has only recovered from the lowest price over the past year. Yeah even though we won't know when bitcoin will really recover and make a new ATH, but the most important thing now is to hold on and keep holding on, don't just regret if the price goes up like the number of people complaining.

I think bitcoin is still recovering and there are no signal that this recover will end soon. Bitcoin currently have strong support at 7k$ and before break this support, i assume bitcoin still in uptrend and i advice is do not short bitcoin. Finding a good price to buy is the best option and only cut loss at 7k$ if you are a long term investors.

I can say that it is recovering.

The price of Bitcoin in the past stuck at $5000 to $6000, these days the price are just going back and forth at $7000 to $8000. We can't compare that to the ATH but atleast, we can say that the price of Bitcoin is recovering since it can still go up this month or maybe this year, we don't know.

You seems to have bought at the peak during the mid 2017. I was even on the same boat that time but I was able to see the bear markets some time ago so it gave me time to cashout my bitcoins at that time only. Still, I had to sell some at loss that time but the price I sold at that time was never touched after those markets so I do not regret for doing so.

But, I was also able to make profits from the after bear markets by short term trading so it really was a life saver for me in the bearish markets. Now, I have prepared for the coming bull markers so let's see how much profits we could afford to earn from these coming bullish markets.

What are you talking about? Even if you bought at the very top for 19-20 thousand Bitcoin gave you plenty of opportunities to get your fiat back.
All you had to do is sell somewhere along the way down. You could have waited for 10 thousand and sold when the price went below because it was already a 50% loss.
Then you had a year to buy back. It doesn't metter when. At 6 thousand in 2018 or when it later fell to 3.

You literally had a year to do it from Spring 2018 to the beginning of 2019. If you did that you recovered. If you were too dumb to realize in a year that you should buy Bitcoin I have no words for you.
 

If it was early 2017, I could say they could surely gain a lot from it 100%. But if this is from the month of December 2017, I think til now they aren't recover yet their capital so far. The bearish season took almost 2 years and only this time 2020 bitcoin price value in the market are little by little recovering, on which I think its recovering now.

Reddit is full of such stories, you will see a people who bought bitcoin when price was rising from 14k to higher and most of them bought when it was 18k. It's still ok but there were a lot of people who were "late bloomers" there, sold house and bought bitcoins at 18-20K, imagine how huge stress it is and god knows when price will recover. They had to pay loan to keep house, so for such people I think there is no recovery, they wouldn't even risk day trading because of huge emotional stress and hopeless because of that mistake.
But also don't forget that if you sold bitcoin at 20K, it means someone bought it at 20k. There were dozens of people who sold btc at 20k, so there were dozens of people who bought it. Without darkness we would never see the stars you know.

There may be a lot of people who recovered too, you have to learn on your mistakes. After bought on 20K, a lot of people would do more analyzes and consider more suggestions in trading and they could easily recover from it. Imagine I bought at 20K, saw price started fall and sold them at 15k, then hold my USD for a while. Saw price become 3K in 2019 year, great moment to buy bitcoin and did it, then sold when price hit 9k for example, I am in huge win there and not in loss. I think 2019 year was great opportunity for people. I know it may sounds like fairy tale but it's hugely possible that someone did it, personally I sold every btc when price was 16k but bought when it become 4k and sold when it hit 13k last summer.

Maybe still holding their bitcoin assets bought in late 2017 where bitcoin price above $16,000. How many people have lost their money because bad and reputation making by some one to invest with bitcoin without good analyze with the future will bitcoin keep stable with higher price or going down, but now bitcoin have been with lower price.

no offense, but the price when reached $17000 did not fall directly to $3000, it started to drop gradually, you had several opportunities to sell and reduce your loss and buy again when the price dropped a lot, with that you would have more bitcoins and could sell whenever the price went up too much and you would buy again whenever the price went down a lot. Are you handling losses since 2017 until today?


Last year the price reached $13,000, currently the price is $ 8300 and has a good chance of increasing by more than $20,000 within two years.

Sad to say, i still haven't recovered the 20% of my profit that was loss in the late year of 2017 since bitcoin started to go down from 20k USD, that is why i am still hoping that the price of bitcoin will reach it's price to 20k USD again for me to fully recovered all of my losses. Good thing that halving might happen in the mid year of 2020.

I am still waiting for the price to recover. My bitcoin will see 4 years of hodling and may see another 4 years if the price does not recover this halving. It may seem a mistake to hodl this long but I will see this through.

If we attempt to understand everything perfectly then we will say that there's an opportunity of Bitcoin recovery. Although Bitcoin seems to me to be relative sometimes find Bitcoin very difficult to imagine the movement. the rationale for this is often that anyone can easily dominate without want.

No one have recovered till now because till now the price of bitcoin not reached to $20000 after the drop from that level in 2017. But as we saw the price reached to $14000 in the previous year when the market was not well and there was not any good event coming for bitcoin so in this year we can expect the price to rise more higher than even $20000 because this year is a great year for the bitcoin and the whole altcoins. As the halving of bitcoin will boost the whole market inviting people to invest in crypto from all over the world.

And I'd feel that still, a lot isn't recovering yet.
That was sorry for them and it can't be easy to forget being bullish and everyone's is buying for the think that it will soar high, but sadly it turns down drastically and ain't recovering until today. Maybe some lose their hopes and sell their bitcoin after that. I know they the reason but isn't a way to recover but it is just a losing end for them.