Topic: BTC- When it back to 20k - page 17. (Read 3603 times)

Going by the feelings and general utility of BTC I think that BTC can definitely surpass 20k pretty easily. But the question is when and how. When is a really tough question to answer if wee see the history of last 2 years it's been an extreme bearish phase for BITCOIN and still it's moving sort of sideways. Speculators are speculating that halving of the bitcoin could affect the price but So if that analysis holds true then maybe 2021 is the year we are going past 20k Otherwise only when there is another widespread adoption wave it could reach 20k once again.

Avoid making assumptions and setting high expectations. That will only worsen your disappointment and you might end up frustrated enough to sell at a loss and quit Bitcoin for good. Do not even set months for that $20,000 to come back. It may actually take at least a couple of years. Do not assume either that the reward halving will cause Bitcoin to climb back to $20,000. That may not happen after all. It is best to just brace yourself for the worst.

Yes, just hold since $20,000 per bitcoin is not happening right now. It will take several months  in my opinion. Just give time say next year, since halving is coming. Just keep the faith, bitcoin will bounce back again in the future, that is for sure.

Trade some, not all. Try to risk for example half or quarter of 1 btc . The only way to earn now is thru trading , holding is effective since we all know that time will come that BTC can cope in these market, but if you really in need now then take some risk to trade if you know how to trade, in that way you'll be able to earn depending on your skills since your buying of bitcoin is way too high than its price now, I guess trading at this rate then that prices moves faster to red then green and vice versa can help even a little bit. This is assuming OP knows how to trade.

You lose on the bitcoin value, but you actually do not lose. If you can learn to trade, you can use your 1 btc to buy an altcoin, any potential altcoin, and you will have an opportunity to increase your bitcoin amount. I am sure that you will have a chance to increase the bitcoin amount because of this time, the market price has already moved to a higher rate. You can analyze any coins which can be the next potential coin to increase so you will have your profit in bitcoin. That means you can add more bitcoin in your wallet, and that will make you another profit in fiat if the bitcoin price increase too in the future. I think many people do this because many of them buying bitcoin at the same price as you, so you are not alone to try to survive so far.

If you don’t have money, then how are you going to invest in anything? First of all, find the money for a comfortable life. Find a job, one or two.
It is important that you have a source of income. When you have free money you can well invest it according to a previously developed investment plan.
Bitcoin is still a very promising investment, the main thing is not to rush, you have already learned from your mistakes.

whoops, 2 BTC is not a small number for me. the key to investing in the long term is to be patient, always updating the news every day. My advice is traded, if you are afraid of risk, trade in small amounts, let's say 30% of the total assets you have to trade. exchange on altcoin which has the potential to have high prices in the future, or invest in IEO / ICO projects.

stay strong, Bitcoin 2020 to the moon (prediction) 

If you're not short in cash right now, I suggest to just hodl your assets. If bitcoin would continue to grow despite all attempts to rectrict its usage, then there's a chance it would reach another all-time high and when that time comes, be sure to sell your bitcoins, because if it crashed again, you'll wait additional years which you had already waited for too long. This is the risk in bitcoin, we cannot know if the market would crash and lay low for long durations of time. It's unpredictable, too much risk but if done right, would bring high reward.

First, you should be aware of all the possibilities that BTC will dump as it happened in the past already and its not new to investors.
You bought at a higher price compared to the current price and its down more than 50%, I don't think its not wise toughing it for other investment as you are likely surrendering crypto to risk with other investment which you are also not guaranteed to be profitable.

Bitcoin will eventually be back on its All Time High. It will break it and then surpass it in due time. It will even reach $50,000. But if you are in a hurry and you need the profit pretty badly, you better be cashing out instead and leave the crypto world. I can sense you are impatient by saying it made you so tired and you really need the money to invest a plan. The price of Bitcoin is uncertain and its movement direction is also uncertain. You certainly need a high level of patience before everything will take place the way you wanted it.

My advice about your situation is don't spend too much time just waiting. If you feel the decision you have made is wrong, then you should think of ways to turn things around. For example you can take part in staking programs that are available on several exchanges or take part in IEO programs organized by large exchanges such as Binance. From both of these you can get extra benefits rather than just holding BTC in your wallet.

don't just hold it that long.
there is much you can do when you have 2 btc now.
- do daily trading but you must understand the market situation and be skilled at it.
- buy IEO made by large exchanges.
- buy altcoin at a small price that has the potential to become big.

until now there is no other way but to hold your assets until the price returns to that level. but you need to realize that the $ 18k level is a very high level. if there is potential for bitcoin to reach it is likely to happen next year. to date, prediction after prediction is made, and the highest uptrend has only reached the price of $ 9300. You can see it in this article.

Another way to return your assets is by trading. but you know the risk if you predict the wrong price. I can not give further advice on this matter.

Pray for the best, expect the worst. There always a chance that we never reach those prices again, or BTC drops even lower and you'd lose all your money, I'm not saying this to scare you, but as you've experienced first hand, the crypto market is very scary.

I'm personally estimating pretty smooth sailing for the rest of the year and then we'll see rebounds up to the 15,000 region mid next year.

Good luck mate, hope you recover!

You know what, I believe that Bitcoin will return to its maximum price values in 2020. My assumptions are based on the fact that soon Bitcoin will be mined in 2 times more difficult, and in the days of halving Bitcoin price has always grown. In addition, the main cryptocurrency covers more and more countries and somewhere is already used as a currency to pay for goods and services. Just the price up can be pushed by trading futures on Bitcoin, I think that the money of institutional investors will raise the price using this financial instruments.

I know a lot of people who also buy btc when it's price is very high and they also lose a huge amount of money and i think the best thing to do next time is just buy btc when the price is low, and right now is also a good time to buy because i am sure that in the future we can able to see the price of btc above $20k, let's just wait and have a long patient because investing in btc is a long term investment.

I have friends who also entered the Bitcoin market at a Bitcoin price of $18 000. My advice to them was not to sell those coins, but to keep on buying and trading coins at the current prices. So the logic with this is to buy again at a low price, like it was when it was say $3000 at the beginning of this year and to wait for it to increase in value.

They did this and bought more coins at $3000+ and sold some of those coins when it reached $9000+    

Dear thuyanhlien,

I am sorry that you made the bad decision before of entering Bitcoin at that very high price which I guessed happened around early part of last year or maybe in the last quarter of 2017, if I have it correct. Maybe at that time you were then assuming (just like me) that Bitcoin will still continue to rise maybe around $50K by end of 2018 but since it withered instead you are left with a non-earning asset and since you don't want to go for a big loss you are still waiting for the time when Bitcoin can be back at the $18K level or more which by then you might liquidate the said digital assets.

First and foremost, please know that you are not alone with this situation there are many of you who belong to this category right now. I am suggesting that if you don't need the money for emergency, please continue holding on to your Bitcoin. We are hoping that 2020 can be bringing many big good news for our coin and that its price will skyrocket.

Just continue what you are doing and don't lose hope. Profits can be gained by people who understand the value of waiting. Of course, not unless you are entertaining the idea of doing the trading instead then you can use your Bitcoin right now to grow more assets but of course be ready for the risks involved.

Well that's your fault things happened. Just like what other posters said, patiently wait for it. Besides, the 18k price was a result of a bubble last December 2018. Don't expect it to go back there since the bubble just popped and prices have just returned to the mean. The bubble has already popped, the prices have returned to normal, but I really doubt bitcoin 20k would d be happening anytime sooner.

My advise is add more patient buddy, your not alone in that situation. No one really knows when BTC will hit ATH again but as long as your still holding it and not selling you can still have a chance to recover your investment or make profit in the future if you really believe in the technology. But if your really in tough situation its your call to give-up your BTC investment.