Post
Topic
Board Trading Discussion
Re: Who bought Bitcoin in late 2017? Still recovering or fully recovered?
by
FLoving
on 25/01/2020, 14:33:45 UTC

Well i am in the same boat.

Just out of curiosity, is there any still recovering from the deadly bitcoin price in late 2017?

or fully recovered and seeing profit? or Sold away at that moment or later?

I dont think those who bought BTC in dec 2017 when it was at its ATH find a chance to exit safely till today. I remember receiving a payment in eth when it was at 700$, I never get a chance to sell those eth because of continuous decline in price.
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.