Did anyone here actually hold bitcoin during the $19k era and didn't sell? If so, why? What the hell were you thinking?!

Did anyone here actually hold bitcoin during the $19k era and didn't sell? If so, why? What the hell were you thinking?!

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euphoria is a strong drug

I've been holding btc since 30$

When the time comes we won't have to sell

didn't sell for tax reasons, bought in March 2017 and if I sold at ATH I'd have lost 45% to tax

I'd rather gain a little less of my own than waste it on tax

>waste
>tax

lol ok goy

Yes it is. I remember at work going into an hour long meeting, checking my coinbase after I got out and having made more profit in that hour than I make in two months wageslaving.

I dunno dude, sounds like a big ol' bowl of cope to me

Consistently getting so much money over weeks was pretty fucking surreal. Bought a lot of BTC below 800$ and sold a lot above 5000$, 10000$ and 15000$. There was really no end in sight. During peak euphoria I just kept holding. And then also quite some way down. It was quite a experience desu.

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The same thing I was thinking when I didnt sell at 5K or 10K or 15K

>actually sold most at 13k
>rebought 16k only to daytrade
>trading that day and saw a 10K btc wall dumping at 19.8K in bitfinex
>panic sell at 19400

welp..

That it would go even higher obviously. I knew that there was a high risk of a crash, but I thought there was reasonable probability that it would go to 50k+ during there mania. It's easy to be a genius in hindsight.

The same thing I was thinking since $1,980 - which is the same thing I’m thinking now.

Long-term HODLers are the most delusional of all, due to all the booms and busts they've seen.

>actually think that $19K will be topped.

me, I wasn't thinking because im retarded

I soldt at 15k and thought i made a huge mistake kek

>actually thinking $10 can be topped
>actually thinking $115 can be topped
>actually thinking $1,250 can be topped
>$19,000 is the tippy top because that's where I got out, this market can fade into obscurity now.

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5 years from now
>actually thinking 190,000 can be topped

maybe even more

actually sold some when it got to about $4k (this was before the ath) because it looked like an unsustainable level (when you see bitcoin go 4x suddenly you would understand). basically sold the entire annual amount that is allowed on kraken and there are no other options for me to sell so couldn't really sell at 19k if i wanted to. those of us who have millions in crypto cant exactly wire it to our bank at the snap of our fingers.

OP is a faggot
hindsight is 20/20 nigger

Altucher and McAfee told it was going to moon

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I didnt want jamals baby momma to get half mine either so I held. That was 400k down the drain but I didnt want to lose half and I also didnt want to go back to working.

At least now most of my shit has passed a year so Im ready for what happens in the coming months/years

>$10 - market literally nothing, nobody but nerds knows about it
>$115 - market bigger, but still basically penny-stock level
>$1,250 - bull run has begun, momentum pushing, many noobs getting in
>$19,000 - worldwide craze, 24/7 media coverage, total awareness saturation, literally every person talking about it with their family over Thanksgiving dinner

The widespread mania that led to $19K can never be duplicated. If this ever gets that high again, it would be due to FUNDAMENTALS, ie, Bitcoin actually solving a real problem, not appealing to ideology (normies don't care about muh decentralization), and not being a speculative craze/fad. Bitcoin has had a decade to prove its value and it hasn't. It's basically a messianic cult.

but most people only TALKED about it, thinking it would surely fail
then they saw how much money they could've made
the next time they will go BALLS DEEP

i got in at 2.6k, i sold half at 16-17k and held the rest until i sold it at 10-6.5k this year. it's incredibly hard to time the exact top. also the price was going up like 10-20% a day for a while there, so by selling too early you miss out on a lot of profit.

also i remember lots of people thought it wouldn't go above 5k, 10k, 15k and whatnot, yet we mostly shot right past all those levels.

so 20k turned out to be the top but it might as well have been 25k or 30k. i think the drop was initiated by the mt gox trustee desu. although we were obviously bound to crash hard at some point regardless

This. If everybody had gone in already we wouldn't have stopped at only $800B. That's literally peanuts.

"mania" lasted 1 fucking month.Most normies couldn't even activate their normiebase accounts.There was fomo for sure, people talked about it everywhere, but there wasn't enough time to label it as mania. We are still in a speculative bubble, but the golden bullrun isn't here yet, not it'll boom in 20 days. We will see an extreme growth for at least 6-8 months.Then bubble will pop and we'll enter 3-4 year bear-sideways market. Where people slowly start grasping why bitcoin exists, gen-z will start allocating % of their savings(as boomers does in gold), then we'll have a natural growth.

This. If everyone actually bought it would've been in the trillions (like the dotcom bubble). Some of my boomer relatives even talked about bitcoin also a couple of my friends talked about it but none of them actually bought any lol. This was the first time most of them heard about bitcoin. The december hype lasted like a week or so and after that no one ever mentioned it again. The hype died down too quick, people in general are slow to jump on new tech like that.

if you held until 19k, you werent thinking anyway

It's true that everyone was talking about it during thanksgiving. What's also true is that the majority of understanding of Bitcoin was "it's that internet money thing".
No one understands what a blockchain is. No one understood the implications of such technology. No one knew why ripple was the thing to buy, they thought it was going to "replace bitcoin" even though its function can fulfill that role 0%. We are still at sapling levels of adoption when it comes to DPL technologies.
Now that we have surpassed using crypto as a "currency", and are exploring more practical usage for the underlying network, normies no longer have to "go crazy for it" to reach the levels required to make it; they don't even have to know it exists.

mostly this

honestly it was a good lesson to learn

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I didn't know what divergence was at the time. I learned TA during the bear market.

>What the hell were you thinking?!
19.1k

because taxes

also held during the $300 era and didnt sell
its whatever

waiting on the 300k era desu

I was telling people to Sell at 18k+ but some faggot kept spamming my threads with tinfoil hat shit saying it was going to 40k
Top fucking kek