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Author Topic: Did you buy bitcoin in December 2017?  (Read 1607 times)
Xcelol
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July 07, 2018, 09:56:08 PM
 #281

It is an undisputed fact that those are affected much by this sudden drop in bitcoin price are those who bought it in December last year when bitcoin was skyrocketing. I understand the emotional trauma you are going through. Nobody will be happy watching his investment losing value like that. I want to encourage you that the downfall of a man is not the end. In June 2017, nobody ever thought of bitcoin hitting $20k by December 2017 and that is the beauty of bitcoin. It takes only minutes for bitcoin price to either rise or fall. Never dump your coin out of fear. Let's keep our fingers  crossed and hope for the best. If you understand that Bitcoin is a long term investment, you wouldn't panic when the price falls within some short period of time. We will all laugh soon

You are on point. it will be quite traumatic for those people in this category. However, there is a possibility of geometric increase as far as the people are patient. Hence, its better to keep watching the market than to sell at loss
 
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July 07, 2018, 09:56:21 PM
 #282

When i was first introduced to bitcoin last year, i thought it was one of these internet frauds. So i did not take much attention to it.  Somewhere  last year"s December, my member of staff who introduced me to  bitcoin bought a Mercedes Benz C320 from his investment. As i matter of fact I was shocked since we were all earning the same amount of money monthly and i did not even have a bike. Early January this year, i did dedicated one third of my salary into bitcoin investment which i have not regreted. I trust bitcoin is gone rise up again and change my life for good.  
Christinebeauty
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July 07, 2018, 09:56:51 PM
 #283

No. I did not buy bitcoin in December 2017. I started bitcoin investment in January 2018 after i heard the huge rise in bitcoin price in the previous month. I didn't buy it as high as the amount in December but it is still higher than the current price so if i sell now, i will run at a lose

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July 07, 2018, 10:03:48 PM
 #284

You are quite correct. People who invested during mid December and late December will be worried now, that is if they are not long time believers because since its ATH, it has not got to $13,000

Yes but don't you think if they hodl strong then bitcoin will go up one day and they will still earn some profit or atleast wont go in loss?
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July 07, 2018, 10:08:39 PM
 #285

During December I still hold the bitcoin because I bought it from september 2017 and at the beginning of the year I immediately sell it because there the price of bitcoin figures greatly increased much in price. With that I get a lot of profit because bitcoin dive sharply to a very high price.
I didnt buy that time because I dont have money that time. I only get my money when january 2018 comes, and Im still happy because bitcoin was still continu incrasing that time. When I got some profit and I saw that the price was  now falling, I sell it immediately so that i wont lose what I earned from the big pump.

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July 07, 2018, 10:11:07 PM
 #286

I  Didn’t had the chance to buy some bitcoins last december 2017 and with its value now, i guess it is better that i wasn’t able to because if i did, i would have lost most of my investment if i planned to withdraw them within a year.  Investing in bitcoin truly works when you do it in a long term regardless if you got it at a low value or during its ath. Long term investmwnt will definitly allow you to gain some from your investment.

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July 07, 2018, 10:19:34 PM
 #287

Sometimes we get excited so much that with the shoot in the price of bitcoin, we tend to forget the fact that bitcoin and all other cryptocurrencies are very much volatile. We all knew that at 20k usd, the price will somehow be stable so we decided to get some bitcoins in our wallet. Only to find out that there was going to be a huge sudden drop. I will still hold my though.
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July 07, 2018, 10:45:29 PM
 #288

I had never buy bitcoin in december 2017 i had not a capital to buy bitcoin at that time when i see the bitcoin increase it rapidly of price i was disappointed that i don't any bitcoin in my wallet but that is ok there are many times here to get more profit from bitcoin.
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July 07, 2018, 10:51:39 PM
 #289

No. I did not buy bitcoin in December 2017. I started bitcoin investment in January 2018 after i heard the huge rise in bitcoin price in the previous month. I didn't buy it as high as the amount in December but it is still higher than the current price so if i sell now, i will run at a lose
Same with me, I didn’t buy bitcoin. During that month and year, the price is bitcoin is $20000; it was so high compared today. Going on, I’m holding my bitcoin last year.

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July 08, 2018, 01:23:15 AM
 #290

Sometimes we get excited so much that with the shoot in the price of bitcoin, we tend to forget the fact that bitcoin and all other cryptocurrencies are very much volatile. We all knew that at 20k usd, the price will somehow be stable so we decided to get some bitcoins in our wallet. Only to find out that there was going to be a huge sudden drop. I will still hold my though.

True. I did not buy bitcoin last December and I forgot to sell also. Last December is the best time to sell, but I continue to hold, I lose the opportunity to sell it at its highest price. Its okay, but I was FOMOed on Eth  Grin I bought last December a few of it, Now I still hold it for several months now.

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July 08, 2018, 01:27:42 AM
 #291

I did not.
But for those people who did, just hold on tight. You will not lose any money if you do not sell at way lower price. Keep those coins safe and I believe bitcoin will go back up soon.
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July 08, 2018, 02:09:07 AM
 #292

I bought some good amount of BTC last year knowing that the price will increase this year so I can get much from it but didn't happen that way. I know this coin will surely increase in price some years to come or months to come.

Yes bitcoin will bounce back, you are correct that best option for you to do is keep holding your bitcoin because if you sell it now the price of bitcoin is at low. Big losses if you sell your bitcoin now since it cost your capital at around of 17000$-19000$. Keep the faith and have patience for sure bitcoin will rise again in the future.

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July 08, 2018, 02:41:17 AM
 #293

It's sad if you buy Bitcoin when it's too high. I bought Bitcoin in early 2018 when its price was $ 10000 but I'm not pessimistic about the Bitcoin price at the moment. I believe it will increase again
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July 08, 2018, 02:41:58 AM
 #294

No, I didn't buy any btc in the end of 2017. And I think it was a better decision than to buy on growing market.  I have a friend who decided he was late and bought a bitcoin when it was 17 thousanfd. I think now is the best time to buy Bitcoin, so if you have an opportunity, I would highly recommend you to make some investments into ethereum or bitcoin. But it's only my recommendations, unfortunately  I am not an expert.
Luckily, I also did not take risk from December because it has huge lose and long time to gain profit. I am happy that I earned bitcoin from other way which did not need any amount to have coins in my account. That time, ethereum was better to buy and invest because price really goes down before it rise like what price it has right now.

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July 08, 2018, 02:49:28 AM
 #295

The price of Bitcoin at the end of 2017 is really too high. Those who bought Bitcoin at the time really did risked blindly and did not understand the game. That leaves them losing 2/3 of their accounts
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July 08, 2018, 02:55:30 AM
 #296

It is an undisputed fact that those are affected much by this sudden drop in bitcoin price are those who bought it in December last year when bitcoin was skyrocketing. I understand the emotional trauma you are going through. Nobody will be happy watching his investment losing value like that. I want to encourage you that the downfall of a man is not the end. In June 2017, nobody ever thought of bitcoin hitting $20k by December 2017 and that is the beauty of bitcoin. It takes only minutes for bitcoin price to either rise or fall. Never dump your coin out of fear. Let's keep our fingers  crossed and hope for the best. If you understand that Bitcoin is a long term investment, you wouldn't panic when the price falls within some short period of time. We will all laugh soon



No I did not buy bitcoin in december 2017 because the price of it is too high. Actually in that month and year that is the most unexpectedly increase of bitcoin price because it is close enough to be a million in my country.
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July 08, 2018, 02:56:46 AM
 #297

No, I didn't buy any btc in the end of 2017. And I think it was a better decision than to buy on growing market.  I have a friend who decided he was late and bought a bitcoin when it was 17 thousanfd. I think now is the best time to buy Bitcoin, so if you have an opportunity, I would highly recommend you to make some investments into ethereum or bitcoin. But it's only my recommendations, unfortunately  I am not an expert.
Luckily, I also did not take risk from December because it has huge lose and long time to gain profit. I am happy that I earned bitcoin from other way which did not need any amount to have coins in my account. That time, ethereum was better to buy and invest because price really goes down before it rise like what price it has right now.
You are lucky that you didn't buy and that is should how the other people think about bitcoin. They should not think about profit all the time and they should focus on not being greedy and analyzing the situation to know if it is still a great opportunity for them to buy bitcoin to create profit or they should wait for the price to calm down.
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July 08, 2018, 04:57:19 AM
 #298

No, I do not buy bitcoin in december 2017. Because on the wakti of the month bitcoin is climbing and the price is very expensive. I can not afford to buy bitcoin at such a large price.  Embarrassed
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July 08, 2018, 05:02:06 AM
 #299

No, I do not buy bitcoin in december 2017. Because on the wakti of the month bitcoin is climbing and the price is very expensive. I can not afford to buy bitcoin at such a large price.  Embarrassed
Me too. In that time, December 2017, I already predicted that Bitcoin will drop it's price in to $6500 and here's it comes. It is already happened. My prediction is quite nice but i think that bitcoin is difficult to recover from downfall and it will cause a bad news to the investors and holders of Bitcoin.

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July 08, 2018, 05:09:22 AM
 #300

I do not buy Bitcoin at $ 20,000 but I buy it at $ 10,000. If I sell it at the moment I lost $ 4000 for every penny. But I do not worry about that. What happened in 2017 led me to believe that Bitcoin would rise again.
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