Topic: BITCOIN bounce back to $20k in 2018? - page 4. (Read 545 times)
that's the reason why I never suggested anyone here to invest in cryptocurrency, especially bitcoin. it is true, bitcoin has created many benefits for many people, but must remain vigilant, because bitcoin from the past until now the price is not always up, there will be several times the correction or a sudden drop in prices. remember, no one knows when bitcoin prices will rise again, everything is just a prediction. maybe by surviving the next few months, the price will be normal again and give your friend a profit.
During the latter part of 2017,I advised a friend to invest inBTC.He adhered to it and bought some good amount..He then proceeded to buy more when it hit the range 18k-20k..He is now upset due to how market is reacting...Anybody here to give an expect advice?
Your friend needs to consider what the investment means to him and what his goal is. It's likely he won't see a profit in 2018, possibly never. On the other hand many (myself included) would argue that if he holds his coins then at some point in the future (maybe not for 5 years) he will have a handsome return on investment.
During the latter part of 2017,I advised a friend to invest inBTC.He adhered to it and bought some good amount..He then proceeded to buy more when it hit the range 18k-20k..He is now upset due to how market is reacting...Anybody here to give an expect advice?
It is really hard to tell right now since currently, the market value of Bitcoin is continuously falling. Hopefully it will be able to recover soon. Predictions are hard to make especially now that the market is so volatile. But since the msrket value of Bitcoin is low, we should tke this opportunity to invest on it. Because once the rally or increase started, profit will be earned from investing at this moment.
There will be no sharp takeoff. News from Google (plans to ban the advertising of crypto-currency and ICO) The same is done by facebook, twitter.
Do you think it will grow?
Not
Do you think it will grow?
Not
the price is very high when late last year and now it drops down in I think this is normal because seeing the previous years prices at the beginning of the year always go down, prices will be high in mid year and at the end of the year. For the price reaches 18-20k $ I think it is not impossible many people predict this year the price will be 2x from last year's high price. I pray that it can happen
I believe bitcoin will be recover and it will surpass our expectation because if base on what happen last year bitcoin value hit the 5 digit before the end of the year I hope bitcoin will repeat the history.
I believe bitcoin is overpriced and there is a small chance that it will bounce back to 20k.
bitcoin will still bounce back to 20k plus, the bull has been on the market for more than 3 month. this is the time for the bears to take over the market . the bulls still is by the corner ready to come to the market any moment from now. what you need right now is patient. every business/career needs patient
Investments aren't a guarantee. If he can't handle the market swings, he should probably just cut his losses and get out. If he has a small amount of patience, however, he should eventually gain his capital back and then some.
this one is right.in crypto investment PATIENCE IS THE KEY,that's why if you're just gor here to make easy profit.i might advice you better get out here and find job,this community can make you rich,but this can kill you're family too,if you are careless in making decision here..for his friend since hes in losing,better wait for months since today is really a hard day During the latter part of 2017,I advised a friend to invest inBTC.He adhered to it and bought some good amount..He then proceeded to buy more when it hit the range 18k-20k..He is now upset due to how market is reacting...Anybody here to give an expect advice?
He did not make any mistake when he bought at 18-20k rates because bitcoin always seems to be very good thing when we look at it. And it does have the best qualities to be a good investment opportunity. However he is in great emotional distress now and why wouldn't anyone be when they have gone badly in the negative line in their investment. The time has come when they should keep patience though it is going to be hardest part ever. If they don't keep patience and sell then it's nothing but zero investment all the way from 20k. You can give moral support to him that as you are already in loss then there is no use of selling the bitcoin at such low point. They better make a choice and stay stable about it.
We know nothing about the prices and its future. We can just expect that it will bounce back. :-)
The price of bitcoins will get back to $ 20000 USD, in December 2017 the prices have reached up to $ 20000 but the price has come down to $7800 for market correction from the next quarter the price of bitcoins will start to rise and there are chance for the prices to have a huge leap and reach $ 20000 then there will a slight dip in the market followed by another leap and the bitcoin prices may rally upto $ 40000 to $ 50000 USD which will definitely make the investors millionaire's or even multi millionaires.
During the latter part of 2017,I advised a friend to invest inBTC.He adhered to it and bought some good amount..He then proceeded to buy more when it hit the range 18k-20k..He is now upset due to how market is reacting...Anybody here to give an expect advice?
i think bitcoin will bounce back but no guarantee it will again 18-20k.the problem is why your friend is upset is your wrong in advice maybe you didn't mention what risk investing in bitcoin.
Investments aren't a guarantee. If he can't handle the market swings, he should probably just cut his losses and get out. If he has a small amount of patience, however, he should eventually gain his capital back and then some.
During the latter part of 2017,I advised a friend to invest inBTC.He adhered to it and bought some good amount..He then proceeded to buy more when it hit the range 18k-20k..He is now upset due to how market is reacting...Anybody here to give an expect advice?
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