BTC- When it back to 20k - page 13. | Bitcointalksearch.org

haidil

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Quote from: thuyanhlien on October 13, 2019, 09:46:40 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 where we are tested in patience, because the only way is to be patient until the price of btc goes up, for that I believe that btc will definitely rise again.

Indymoney

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Quote from: Cacingkemi on October 17, 2019, 03:21:17 PM

Quote from: thuyanhlien on October 13, 2019, 09:46:40 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

the only way you can do is continue to wait until the price of bitcoin reaches above the purchase price you made before. only patience you can do, because you did the wrong strategy by buying bitcoin prices when market trends are increasing. I feel salute for the courage that you did at that time by buying some bitcoin when it cost $ 18k, but you don't need to complain if you have full confidence that the price of bitcoin will rise sharply in the future.

Right now best decision is just wait and watch because if you are going to sell in lost then its very hard for you to recover you done a very hard decision and bought these coins at this rate now done another hard decision and just wait because we are surely going in positive mode in next few weeks hopefully your this patience give you good benefit.

AmoreJaz

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Quote from: harizen on October 17, 2019, 04:02:49 PM

Quote from: thuyanhlien on October 13, 2019, 09:46:40 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

First of all, congrats that you withstand the 2018 bear market. You already bear the long waiting period of hodling those coins so why give up now.

And I just wonder, in the span of 2 years, you didn't come up with another plan or somehow thinks of another source of income? The moment you decided to hodl for long, you should be aware of the risks and possibilities that might happen along the way and accept that the waiting period might take several years. And for that, you must be prepared and you must consider your hodl coins as "loss".

Bitcoin price will surely breach again the $18,000. However, it will take time. You really need to work for other sources of income. You managed to acquire $18,000+ before so I know you can think of a way to support your financial status.

thats unfortunate event for the OP but yeah he should be doing something else to earn income.
is he not working and just sitting all day long at his home and just waiting for the BTC to go up? of course not, so more then likely he has money even if we say it's not that much one thing he can do is take a look at short term trading. in the long run, he can earn money in that kind of trading too.
he should not be waiting in vain for that matter. at least do something, right?

Dr.Osh

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Quote from: crisanto01 on October 17, 2019, 08:06:48 AM

Quote from: Dr.Osh on October 17, 2019, 01:37:27 AM

Quote from: wildan88 on October 17, 2019, 01:25:27 AM

~

It's hard to expect for now, but we should always be prepared whatever happens, if the Bitcoin has fallen, are we prepared? Do we have back up funds in case of emergency? Are we going to stress out ourselves for the loss? or are we going to buy more, we should think this things and be prepared before it will happen so we will not be panic at all.

I don't really understand what you're saying, but this is all speculation and prediction for what will happen in the future. if this is a matter of preparation, everyone has their own preparation, in fact, I suspect that there are some people who save all in their asset on bitcoin to wait for halving to occur because they suspect the price of bitcoin will rise higher after halving, and they are ready with all the risks.

harizen

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Quote from: thuyanhlien on October 13, 2019, 09:46:40 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

First of all, congrats that you withstand the 2018 bear market. You already bear the long waiting period of hodling those coins so why give up now.

And I just wonder, in the span of 2 years, you didn't come up with another plan or somehow thinks of another source of income? The moment you decided to hodl for long, you should be aware of the risks and possibilities that might happen along the way and accept that the waiting period might take several years. And for that, you must be prepared and you must consider your hodl coins as "loss".

Bitcoin price will surely breach again the $18,000. However, it will take time. You really need to work for other sources of income. You managed to acquire $18,000+ before so I know you can think of a way to support your financial status.

rdluffy

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You should invest in BTC only money that you can afford to lose to not have this problem right now, but you have to answer a simple question to know the answer and solve your problem:

If you sell your BTC, will you gain more money with this investment or not?

If you'll gain money, so sell BTC and put your money in this another investment
If you'll not gain a good percentage in this investment, better wait

Remember, you have the same amount in BTC, this is important for long term

wildan88

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after bitcoin halving, I'm sure bitcoin price can reach over 20k. you can see the history from 2012 until now, which has undergone 3 times halving, and after that, the price always to the moon.

ReiMomo

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That's so sad to hear since it's almost 2 years ago but until now bitcoin price still doesn't reach $20k. It still drops down and I don't know what is happening now. There are already investors who back out due to its low value for now. I think it will take time for bitcoin price to reaches $20k again just like 2017.

Just a friendly reminder, you have nothing to lose if you don't sell your bitcoin or convert into fiat because that is still the same quantity in your wallet. Don't lose hope I know that bitcoin will surge when next halving come, just keep it holding until it is back to the price when you are invested your bitcoin. Once your profit was there you may cut it and reinvest.

crisanto01

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Quote from: Dr.Osh on October 17, 2019, 01:37:27 AM

Quote from: wildan88 on October 17, 2019, 01:25:27 AM

after bitcoin halving, I'm sure bitcoin price can reach over 20k. you can see the history from 2012 until now, which has undergone 3 times halving, and after that, the price always to the moon.

hope this prediction is correct. looking at charts and history that occurred in the last few years indeed makes halving an important enough point for the rise in the price of bitcoin, and it has even happened several times in every halving. however, halving is worth waiting for, if you have lost a few $ due to falling bitcoin prices, the following year, bitcoin prices might be able to touch the $ 20k level.

It's hard to expect for now, but we should always be prepared whatever happens, if the Bitcoin has fallen, are we prepared? Do we have back up funds in case of emergency? Are we going to stress out ourselves for the loss? or are we going to buy more, we should think this things and be prepared before it will happen so we will not be panic at all.

Kambal2000

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Quote from: Pearls Before Swine on October 17, 2019, 11:12:50 AM

Quote from: thuyanhlien on October 13, 2019, 09:46:40 PM

I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.

Eeeek! You bought right near the top, but that's a mistake that I am sure a bunch of traders made. It's hard to keep a lid on your emotions when the bitcoin market is going wild, and in general hard to *not* buy something when its going up in value every day like bitcoin was back then.

Good you held onto the coins you bought, because I bet you that many traders who did the same as you sold in a panic when the price dropped. Just hodl. I cannot say for sure what the btc market is going to do, but I am fairly confident that it will get back to the price point at which you bought it and then go much higher. So just hold on and wait for the next bull market run. It's coming soon.

This is the what really happened most in every person, sometimes I do that too, whenever I see that the price is increasing, I always can't restless and I wanted to buy and earn even small profit, but what happened was I got rekt, but now I am controlling my emotions, I make sure to buy always at the dip and not at the top.

aysg76

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Quote from: wildan88 on October 17, 2019, 01:25:27 AM

after bitcoin halving, I'm sure bitcoin price can reach over 20k. you can see the history from 2012 until now, which has undergone 3 times halving, and after that, the price always to the moon.

Yeah, BTC has a good track record of the halving and it is considered as one of the major events for the crypto. After each successful halving, the price has experienced a great growth rate and in fact, it had also attained a new ATH. Therefore we can easily expect the price to reach over 20k$ this time also. So, it is better to be patient now as I believe the halving would be worthy of it...

Pearls Before Swine

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Quote from: thuyanhlien on October 13, 2019, 09:46:40 PM

I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.

Eeeek! You bought right near the top, but that's a mistake that I am sure a bunch of traders made. It's hard to keep a lid on your emotions when the bitcoin market is going wild, and in general hard to *not* buy something when its going up in value every day like bitcoin was back then.

Good you held onto the coins you bought, because I bet you that many traders who did the same as you sold in a panic when the price dropped. Just hodl. I cannot say for sure what the btc market is going to do, but I am fairly confident that it will get back to the price point at which you bought it and then go much higher. So just hold on and wait for the next bull market run. It's coming soon.

Apes

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when do you buy the BTC uptrend or downtrend, if at the uptrend time you should still have time to sell it for 20K before it falls, otherwise if the opposite time you're unlucky. but believe the price will definitely touch 20K because this is the hope of all investors, so you better save it if you sell now you get a big loss.

smyslov

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Quote from: thuyanhlien on October 13, 2019, 09:46:40 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

I thought all those who bought in the all-time high already sold their shares, but I have to commend you for extending your patience, you are over 50% loss if you are going to sell all of it, if you still can afford to sell only 20% and extend your patience to another year do it, we have halving coming and this could be your last big chance to recover your lost .
This is a tight situation you are in if I am in that position I would have sold at least 30% when it hit $13 k this year, you are one of the rare that has this kind of patience.

pamsugas

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I guess you first entered crypto and you were tempted by the increase in BTC ☹️. like you have to be patient buddy to wait for the price of bitcoin to return to $ 20k. I believe that it will return at the end of this year. Some crypto experts such as Thomas Lee predict that bitcoin will touch $ 20k by the end of the year.

Oneandpure

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Keep strong your self with bitcoin have lower with $8K now, very disappoint with your invested buy bitcoin when price above $18k and now bitcoin down half your investing, maybe you lost half your money in bitcoin investment, I can't ask you better to sell if bitcoin price still on this situation with lower price, how long you can wait for bitcoin back to higher price?

Kambal2000

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Quote from: thuyanhlien on October 13, 2019, 09:46:40 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

Don't lose hope, it is not yet too late for you, you can still accumulate to compensate the loss you incurred, anyway, if you are not in a hurry and you don't need your fund yet, better to just hodl it. I know it is tiring but you never know what could happen this year and to upcoming years, we know the potential of Bitcoin, so think well before you decide.

Klausi

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Quote from: tenakha on October 16, 2019, 06:16:43 AM

Quote from: thuyanhlien on October 13, 2019, 09:46:40 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

I am sorry about your losses. We should accept that crypto world is different than others.

BTC will reach 20k again, but I can not tell you when. If there is another way where you can raise this money, why you should hold BTC? You can at least sell BTC to any coin that will provide extra money, and you can change it to BTC again after making profit.

Still he will lose his profits if he do that, he will still hold after he bought some coins because of he sell it early, the output will still be the same. Holding is the best option and patient will support that to get that profits we want when the market get hype again to pump up all the sleeping giants here in the world of cryptocurrency.

sapnu

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Quote from: thuyanhlien on October 13, 2019, 09:46:40 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 quite a risky move you did out there, you bought bitcoin while it is at its highest with the belief that it would keep on rising. You should have thought about it hard first before doing so. Now, all the choices you have left is to just wait and see if the price will rice back again or just let it go and accept that you've lost a large amount of money. Be careful next time so that you won't have any regrets anymore when crisis starts to occur once again.

Peashooter

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Quote from: thuyanhlien on October 13, 2019, 09:46:40 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

Why you intent to buy when bitcoin is around $18,000 I think it is a big mistake because at the very high price you intent to buy it and now it is very down you are suffering for heavy losses, the $20,000 usd that you are wishing would have a possible to come but I am sure that it is not very soon because as we can see and experience right now, bitcoin and the market is very dump. It would be better for you to just hold that until the next bull run comes.

Topic: BTC- When it back to 20k - page 13. (Read 3617 times)