Topic: Journey to Hell, With Bitcoins - page 4. (Read 2477 times)
Why ask what bitcoin will do? Do you think people can give you an accurate prediction? Nobody can so all is utter speculation based on opinion. Bitcoin goes up and bitcoin goes down. It then goes down and up. Bitcoin is still likely to fall further because as usual idiots get scared by change and they're worried about the fork so they panic sell hence the crash. It's probably going to go even lower nearer or soon after the actual fork date but if you hold your coins for a period of time it will likely recover eventually but there is no guarantees. If you need the money I'd cash out when you can but if you're in bitcoin for the long-term just hold and ride it out because there will always be ups and downs you gotta get through with bitcoin.
I'm not a Fan Guy of Bitcoins.
I had received payments of $3,000 for my work from client and which was hard working money while the BTC/USD price was $2700+,
And as other's were expecting the price would push up to $3K+.
Now its Going down and down and I can only see Red Candles and no support levels in the BTC/USD chart,
Guys I'm really confused what's next. Will the price go down to $1K? I'm on a Massive Loss...Don't know how to recover
Bitcoin is horrible for paychecks unless you can dump it ASAP then you are on the hook until the next correction. Your only choice is to hold it until the next correction most likely after August 1st. I had received payments of $3,000 for my work from client and which was hard working money while the BTC/USD price was $2700+,
And as other's were expecting the price would push up to $3K+.
Now its Going down and down and I can only see Red Candles and no support levels in the BTC/USD chart,
Guys I'm really confused what's next. Will the price go down to $1K? I'm on a Massive Loss...Don't know how to recover
I had just left the hope, all money is gone...
One who panic about the price fall should never keep it long in the form of btc. Op should have converted it to fiat once after receiving it, because the price increase and decrease is not planned as well it happens on the go. Few gets profited and few gets the chance to sell low, which can be overcome by holding and selling when price increases as expected.
I've seen you ask this multiple times, and still are asking the same thing.
your first mistake was getting greedy. I see from your other topic you kept dreaming of $3000. instead you should have cashed out some and kept the rest.
your second mistake is asking random people on the internet instead of doing your own research. and also from the responds you received so far it seems to me like you only chose to listen to those who said it will rise instead of others.
now here is what I say. price may rise or it may fall. it is up to you to decide how much risk you want to take. if you sell now price may go up and break $3000 and reach $5000 by the end of this year.
if you don't sell price may fall and reach $1500 by the end of this year.
all we know is that the current drop down to $2000 is because of a fear of split.
we also know that nobody wants a split, not the investors, not the miners, not the services, nobody wants it.
we also know that SegWit has a very high support these days (above 90% in total).
we also know it will be activated one way or another in August. the BIP148 despite all the drama is forcing the hands of the miners.
and with a high support the risk of a split is nearly zero.
your first mistake was getting greedy. I see from your other topic you kept dreaming of $3000. instead you should have cashed out some and kept the rest.
your second mistake is asking random people on the internet instead of doing your own research. and also from the responds you received so far it seems to me like you only chose to listen to those who said it will rise instead of others.
now here is what I say. price may rise or it may fall. it is up to you to decide how much risk you want to take. if you sell now price may go up and break $3000 and reach $5000 by the end of this year.
if you don't sell price may fall and reach $1500 by the end of this year.
all we know is that the current drop down to $2000 is because of a fear of split.
we also know that nobody wants a split, not the investors, not the miners, not the services, nobody wants it.
we also know that SegWit has a very high support these days (above 90% in total).
we also know it will be activated one way or another in August. the BIP148 despite all the drama is forcing the hands of the miners.
and with a high support the risk of a split is nearly zero.
I'm not a Fan Guy of Bitcoins.
I had received payments of $3,000 for my work from client and which was hard working money while the BTC/USD price was $2700+,
And as other's were expecting the price would push up to $3K+.
Now its Going down and down and I can only see Red Candles and no support levels in the BTC/USD chart,
Guys I'm really confused what's next. Will the price go down to $1K? I'm on a Massive Loss...Don't know how to recover
Welcome to the network and Bitcoin bud. The market is volatile, requires attention, and you should never expect for anything to stay the same for long. It will go up or down but there will be something happening one way or another. The thing you should have done was put it into an exchange and set up a stop-loss order for your money so that you wouldn't lose out too much when the market went down. Now, you're in a position and you're probably boned for a while. $1k is doubtful but always possible. I had received payments of $3,000 for my work from client and which was hard working money while the BTC/USD price was $2700+,
And as other's were expecting the price would push up to $3K+.
Now its Going down and down and I can only see Red Candles and no support levels in the BTC/USD chart,
Guys I'm really confused what's next. Will the price go down to $1K? I'm on a Massive Loss...Don't know how to recover
Bitcoin is dropping likely because of the soft fork. This drop in price is likely temporary. The best thing to do is leave the Bitcoin alone for a few months until it goes back up again. Bitcoin should rally after Aug 1st
I'm not a Fan Guy of Bitcoins.
I had received payments of $3,000 for my work from client and which was hard working money while the BTC/USD price was $2700+,
And as other's were expecting the price would push up to $3K+.
Now its Going down and down and I can only see Red Candles and no support levels in the BTC/USD chart,
Guys I'm really confused what's next. Will the price go down to $1K? I'm on a Massive Loss...Don't know how to recover
I had received payments of $3,000 for my work from client and which was hard working money while the BTC/USD price was $2700+,
And as other's were expecting the price would push up to $3K+.
Now its Going down and down and I can only see Red Candles and no support levels in the BTC/USD chart,
Guys I'm really confused what's next. Will the price go down to $1K? I'm on a Massive Loss...Don't know how to recover
I'm not a Fan Guy of Bitcoins.
I had received payments of $3,000 for my work from client and which was hard working money while the BTC/USD price was $2700+,
And as other's were expecting the price would push up to $3K+.
Now its Going down and down and I can only see Red Candles and no support levels in the BTC/USD chart,
Guys I'm really confused what's next. Will the price go down to $1K? I'm on a Massive Loss...Don't know how to recover
I had received payments of $3,000 for my work from client and which was hard working money while the BTC/USD price was $2700+,
And as other's were expecting the price would push up to $3K+.
Now its Going down and down and I can only see Red Candles and no support levels in the BTC/USD chart,
Guys I'm really confused what's next. Will the price go down to $1K? I'm on a Massive Loss...Don't know how to recover
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