Longest period of negative hodl for BTC?

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hodler2019Legendary
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#1Apr 6, 2021, 02:15 AM
So, I’ve got a bit of a timing question here. If I remember right, the all-time high back in December 2017 was around 19.5k. On December 17, 2017, it was fluctuating between 19.1k and 19.5k. Fast forward to January 23, 2023, where it dropped to 16k, and on January 13, 2023, it was at 18.8k. That means if you held during that stretch, you’d be looking at a negative hodl period of 5 years and 27 days, which seems pretty rough to me. Is this the longest stretch of negative gains for BTC? Are there any instances of a 6-year or even longer losing hodl for BTC? Is this 5-year and 27-day negative hold the worst on record? By the way, if we look back to November 30, 2013, the peak was around 1300. By May 2017, we surpassed that and never dipped below again, so that was a solid 3 years and 5 months of hodl where you beat the 2013 high and kept going up.
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quantumbearHero Member
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#2Apr 6, 2021, 05:56 AM
That should be the longest but we can not also say it is the longest because people have the privilege to have sold in 2020/2021. Bitcoin got to $69000 in 2021 before it fall to $15500 in 2022. Assuming bitcoin did not get to all time high in 2020/2021, it would have been that it is not the longest negative holding since bitcoin was created but it was not like that.
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hodler2019Legendary
Posts: 2182 · Reputation: 12913
#3Apr 6, 2021, 10:58 AM
Yeah I get that. But if you purchased at 19.2 k and said 250k or bust you would be holding to this day. and would be in red for those 5 years and 27 days. Your point is well taken that they would have been able to sell at 68 or 69 k in 2021 as is my point that continuing till jan 2023 and giving up the ghost makes them a loser. But f you held for 5 years and 2 months at you are a winner.
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