BTC- When it back to 20k - page 11. | Bitcointalksearch.org

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Quote from: thuyanhlien on October 13, 2019, 10:46:40 PM

Dear all,

I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.
I still have been keeping them with the belief that it will recover and over 20k.
it is too long time and that makes me so tired, i need money to invest a plan,but there is no money
Do you have any idea?

thanks

Waiting when bitcoin halving is very realistic to see bitcoin back above $20k, every four years bitcoin is halving price where last halving on 2017 and bitcoin up almost to $20k, next halving is 2021 where many investor waiting will bitcoin back again to higher price or not. Bitcoin will have lower on bitcoin halving in 2021 with many investor not happy with bitcoin still down.

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Quote from: thuyanhlien on October 13, 2019, 10:46:40 PM

Dear all,

I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.
I still have been keeping them with the belief that it will recover and over 20k.
it is too long time and that makes me so tired, i need money to invest a plan,but there is no money
Do you have any idea?

thanks

Maybe you buy BTC on the year of 2017 a time of bitcoin increase the price so much.
It has been long years holding bitcoin and i saw that your being patience for your bitcoin. 2 BTC its a big money maybe it is your mistake to buy on such high value of bitcoin but just wait for another months or year maybe BTC will come to $20k again, And don't lost fate patience is the best way for now.

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Quote from: Zeke_23 on October 14, 2019, 01:01:24 AM

Quote from: thuyanhlien on October 13, 2019, 10:46:40 PM

Dear all,

I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.
I still have been keeping them with the belief that it will recover and over 20k.
it is too long time and that makes me so tired, i need money to invest a plan,but there is no money
Do you have any idea?

thanks

That is one of the common mistake of investors, buying at peak will only lead you to losses. But somehow it's good to see that you're still holding after a year of your investment.
No one can tell when is the next bull run, But it will be profitable for you if it will come since you have invested 2 BTC and you will be glad to yourself and see the result of you being patient for a long year.

Its not mistake made by investor, they don't know bitcoin become down but why not have to cut lost before bitcoin really drop, you have faced less profit or you lost all your investment if not brave to cut lost your bitcoin investing, I know how disappointed your investing with bitcoin but you have forget it and looking other investment kinds or joining free way to earn bitcoin you can get back your two bitcoin investment buy in higher price.

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Quote from: FlightyPouch on October 18, 2019, 10:38:14 AM

Quote from: CasinoAdrenaline.com on October 18, 2019, 09:58:37 AM

It's hard to assume when it will be back at $20K, but by the end of 2020 a lot of things could change. If you are not in emergency situation, I would suggest keeping them at least for a year longer. Also think about investing in other currencies, maybe trading, etc. It's hard to talk from this point of view, but stay strong fella!

Trading is hard if you are new to it. With the volatility of these crypto currencies, it is hard to keep up. Better hold your bitcoins for now and if you have money to spare, maybe you can do some small tradings too so you will be able to experience that cruel market. At least you will be having an idea of how great it is to trade.

No it is not much hard to predict about the price of Bitcoin now, the price of Bitcoin in this year has changed a lot and it has corrected upto greater extent, now the price is around $8k and I think it is not difficult to cross $22k at the end of the year 2020, we should hope for the best and should suggest everyone to hold Bitcoin for longer time then it is possible for Bitcoin to pump.

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Quote from: styca on October 20, 2019, 08:51:40 AM

I think this is definitely a question of "when" rather than "if". The OP may have bought in at the ATH, but remember this is only the ATH so far. There is still a very long way to go on the bitcoin journey; we are still in the early days when only a small proportion of the population only any BTC at all. I'm sure the time will come when $20k for one BTC seems impossibly cheap, just as the idea of people buying in at $1k seems cheap today - but at the time when the price was $1k, that seemed expensive compared to those who bought in at $10.

The comparison way back is good since there's no one who can accurately predict what will be the next value of bitcoin. If demands will be asked and bring more new investors inside the market potentially we will not just see $20k but we will see higher than that. Some predicted that it can go up to $100k who knows, Bitcoin actual numbers against people around the world. We need to wait for more further updates and if how the entire crypto industry will be embraced in the long run.

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I think this is definitely a question of "when" rather than "if". The OP may have bought in at the ATH, but remember this is only the ATH so far. There is still a very long way to go on the bitcoin journey; we are still in the early days when only a small proportion of the population only any BTC at all. I'm sure the time will come when $20k for one BTC seems impossibly cheap, just as the idea of people buying in at $1k seems cheap today - but at the time when the price was $1k, that seemed expensive compared to those who bought in at $10.

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Quote from: thuyanhlien on October 13, 2019, 10:46:40 PM

Dear all,

I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.
I still have been keeping them with the belief that it will recover and over 20k.
it is too long time and that makes me so tired, i need money to invest a plan,but there is no money
Do you have any idea?

thanks

That was one of the very bad mistakes that you do it would be hard for you know that the bitcoin is around $7,900 ony almost a hundred percent of dump. This would probably wait a very long time until the bitcoin got a high dump again and I think it will really very hard for now as we can see it is so down. I suggest to just hold your bitcoin because if you panic sell it right now you probably get a lot of losses by then so just wait it, that would be the right decision to do.

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Quote from: diazepam666 on October 19, 2019, 03:06:34 PM

Quote from: craZyLovE0916 on October 19, 2019, 02:32:37 PM

my prediction is that Bitcoin will be back to 20K before the end of 2019. However it may only get back to 20K after the having next year.

How come is there any prediction proof you have to show and prove that this amount will be reached? But I believe we can find the Bitcoin Roxie to reach the 20k USD at the time halving.
Even last time bitcoin reaches the big value from 2k USD to massive 15k USD and more value. So I expect it on 2020.

for now, I don't think that this year the price of bitcoin can reach $ 20,000, however, it's quite difficult. in fact, I don't think the developments made in 2020 will have a very high effect on bitcoin this year. At the end of this year, the most ideal price achieved is bitcoin reaching the level of $ 10k or the highest is $ 12k. that's what I thought, and if the price of bitcoin can return to the level of $ 20k, that might happen in 2020.

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Quote from: craZyLovE0916 on October 19, 2019, 02:32:37 PM

my prediction is that Bitcoin will be back to 20K before the end of 2019. However it may only get back to 20K after the having next year.

How come is there any prediction proof you have to show and prove that this amount will be reached? But I believe we can find the Bitcoin Roxie to reach the 20k USD at the time halving.
Even last time bitcoin reaches the big value from 2k USD to massive 15k USD and more value. So I expect it on 2020.

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my prediction is that Bitcoin will be back to 20K before the end of 2019. However it may only get back to 20K after the having next year.

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Quote from: thuyanhlien on October 13, 2019, 10:46:40 PM

Dear all,

I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.
I still have been keeping them with the belief that it will recover and over 20k.
it is too long time and that makes me so tired, i need money to invest a plan,but there is no money
Do you have any idea?

thanks

We cannot here tell fortune. Simply look back at all these predictions. In 99.99% of cases, they did not simply come true. Even TA is useless in everything which refers to the cryptocurrency. There are too many things that affect it, and not only demand and supply. Here is the policy (of 1 country or global), crisis, even the elections of a new president in a separately taken country. Meanwhile, it is evident that Bitcoin will be gaining. In 5-6 years it will cost times more than now.

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I have no "calculations" that would result with us having a $20k bitcoin price, but I think the answer of "long term" is always valid, because in the end bitcoin is something limited and even tho we have thousands of them printed everyday until may and then even thousands in couple days will be possible so the "limited" nature is not really too limiting right now but eventually it will be, we are in year 10 right now and 18 million of 21 million is already printed, in the end if the coding is as solid as we trust it, eventually there will be all coins printed and the coins will dry up and price will skyrocket for sure.

It may take some time, we need to be patient, but in the end we will see it happening for sure, just wait for the miners to not print out as much as they are right now.

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Many people who bought bitcoin like amount that you bought and you know what they still doing right now? They are still keeping their bitcoin because they impatient now of they sell it more than 50 percent of their capital lose for sure but if they still hold their bitcoin still have chance to back their capital that they invested to the bitcoin and plus a some profit because I believe not only 20k dollars possible but more than that.

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You made a mistake, sorry if my words are not polite, but you are very eager to get a profit so you do not think about the consequences yes indeed bitcoin is a long-term investment but even so don't let us lust for huge profits always use, I say again always use a stop loss to minimize losses that are very much, if you already get a profit even though a little immediately sell, do not hold too long. if you want to invest try with a small coin in binance in my opinion can get a profit even though a little.

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Quote from: yulionoo on October 18, 2019, 12:14:57 AM

last July was the best price of bitcoin this year at $ 13,000. congratulations to those who bought bitcoin in January because at that time the price of bitcoin was only $ 3k, of course now they have made a big profit. and unfortunately I missed that. because at that time I did not have enough money. and now i am trying to buy bitcoin at a price of $ 8k hopefully in 2020 bitcoin can reach $ 20k this is the hope of all bitcoin investors.

With every passing year, the price of bitcoin will increase, making it expensive than earlier even during dips. There is no need to pity yourself because as compare to many other people, you are still an early bird to this train. You are doing the right thing. Bitcoin is going through dip at present and now is the last chance to grab this digital asset at a low price. Indeed, it will gain far more value than 20k dollars in coming days.

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Quote from: davinchi on October 18, 2019, 01:59:18 PM

Quote from: Viscore on October 17, 2019, 04:43:42 PM

Never sell your coins with the current price because this would make you lose a huge amount. Be more patient and keep positive because the price will eventually reach more than $20k but maybe not this year. It would be good if you still have funds to buy at these current low prices because you can sell them anytime when the price reaches $10k and eventually earn good profits.

It is going to be a very big loss for anyone that removes his investment in bitcoin right now, except maybe someone that bought at $4000 and probably bought up to 100 coin of bitcoin and above, then that should be enough profit for such person and I know that aside whales, average people have less than 100 bitcoin.

It is really not advisable that we sell our bitcoin at this price because I know for sure that within the next 2 years bitcoin price will actually rise far more than the $20k that is even predicted here. I am so confident that when the bull run of cryptocurrency starts, bitcoin will surely make a run for up to 5x of the current price, and I think I don't need to calculate what that will be now, we can imagine how big our investment would be at that price.

The OP does not have other choice but to keep on holding his coins untill bull run starts because if he will sell it today, he might only regret it because he will just lose a huge amount and will not make big profits anymore when there are chances that bitcoin price starts to pump. For now, it's more important to be more patient and more focused so that he will not come up with a negative decision.

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Quote from: thuyanhlien on October 13, 2019, 10:46:40 PM

Dear all,

I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.
I still have been keeping them with the belief that it will recover and over 20k.
it is too long time and that makes me so tired, i need money to invest a plan,but there is no money
Do you have any idea?

thanks

This is the reason why we need to devide our funds into different cryptos and not just rely on a single crypto. Like in your case, when bitcoin price dumps, you have no choice aside from to wait or to sell it. As of now, I think that it is better to wait until atleast it was 18k and convert it back to your desire currency to somehow be safe. Next time be mindful on your decision so that it will not happen again.

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Quote from: FlightyPouch on October 18, 2019, 10:38:14 AM

Quote from: CasinoAdrenaline.com on October 18, 2019, 09:58:37 AM

It's hard to assume when it will be back at $20K, but by the end of 2020 a lot of things could change. If you are not in emergency situation, I would suggest keeping them at least for a year longer. Also think about investing in other currencies, maybe trading, etc. It's hard to talk from this point of view, but stay strong fella!

Trading is hard if you are new to it. With the volatility of these crypto currencies, it is hard to keep up. Better hold your bitcoins for now and if you have money to spare

There is no easy start for everything, beginning always means to learn, and the longer time you spend on studying something, it will be more easier for you to Trade.

Quote from: FlightyPouch on October 18, 2019, 10:38:14 AM

maybe you can do some small tradings too so you will be able to experience that cruel market. At least you will be having an idea of how great it is to trade.

This doesn't make sense at all, it is like you are saying try to cut yourself with a knife then stop it when you know it hurts and stop the bleeding. Losing and earning profits in Trading is great, there is nothing to be sad about it, it is a part of a Trader's life, you just have to be use to it and endure the lossed in order to have huge profits in the long run. Don't let your sadness ruin the momentum you have in Trading.

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Quote from: Viscore on October 17, 2019, 04:43:42 PM

Never sell your coins with the current price because this would make you lose a huge amount. Be more patient and keep positive because the price will eventually reach more than $20k but maybe not this year. It would be good if you still have funds to buy at these current low prices because you can sell them anytime when the price reaches $10k and eventually earn good profits.

It is going to be a very big loss for anyone that removes his investment in bitcoin right now, except maybe someone that bought at $4000 and probably bought up to 100 coin of bitcoin and above, then that should be enough profit for such person and I know that aside whales, average people have less than 100 bitcoin.

It is really not advisable that we sell our bitcoin at this price because I know for sure that within the next 2 years bitcoin price will actually rise far more than the $20k that is even predicted here. I am so confident that when the bull run of cryptocurrency starts, bitcoin will surely make a run for up to 5x of the current price, and I think I don't need to calculate what that will be now, we can imagine how big our investment would be at that price.

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I think in order to recover your losses in Bitcoin you still need a lot of patience. Especially we do not know when it will happen again. So keep holding your bitcoin because you have been stuck in a situation where if you sell you are more likely to lose, and if you hold on it will likely raise $ 30,000.

First look for a job and don't even think about Bitcoin. And you come back after years sure you have a profit.

Topic: BTC- When it back to 20k - page 11. (Read 3603 times)