damn.. here I'm not mad because I "lost" money.. but because this is friday.. meaning my bank transfer that hasn't arrived yet, will arrive on monday when the sale will already be over.
Topic: What happend with BTC? BTC is going down under 7000 USD. - page 7. (Read 4016 times)
All I see are normal corrections and nothing special even though it suffered a couple of hundred dollars decrease in price. Since the announcement of S2X being cancelled, people that bought their coins in anticipation of the event has sold their bought coins to pursue on other ventures and to partly make profit. If S2X continued, the price will also continue to push due to FOMO, and not going down like what's happening right now.
What happend with BTC? BTC is going down under 7000 USD.
segwit 2x cancelled but BTC is going down under 7000 USD.
Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.
How do you think about this situation?
I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....
Hold or not..
calm down first you do not need to worry, wait until the price goes up again.segwit 2x cancelled but BTC is going down under 7000 USD.
Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.
How do you think about this situation?
I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....
Hold or not..
do not sell immediately because you know the price goes down again.
many people want to take advantage because segwit void.
void or not its segwit2x you do not immediately panic.
wait for the future process.
Let hodl your BTC, I'm sure that Bitcoin price will continue going up in the future. Because, as you see, in end 2017, CME group will launch Bitcoin future contract. Many investors will transfer their portfolio from bank to Bitcoin.
can be said I also belong to the person who thinks that btc will continue to rise because segwit 2x off. but I will not get too panicked even though btc is decreasing because it's normal, always going up and down, so stay patient and look. 
What happend with BTC? BTC is going down under 7000 USD.
segwit 2x cancelled but BTC is going down under 7000 USD.
Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.
How do you think about this situation?
I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....
Hold or not..
And what do you think that this will be infinite, of course not. Everything is obvious and so far not such a catastrophic descent, I thought it would be much steeper, we must wait and find out what will be after that rise. segwit 2x cancelled but BTC is going down under 7000 USD.
Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.
How do you think about this situation?
I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....
Hold or not..
People were holding as much as btc they could for free coin that they will get in the said fork.
..but were they, really?
The BTC dropped by around the (release, since now it's worth nothing) value of the BTG after the fork. Who really made money from the BTG?
The very few who managed to sell at the top when the BTC dropped, and who sold their BTG first. But the rest?
How did that not serve a lesson?
Maybe this time most people were really going to sell before the B2X fork, that is, everyone was thinking that everyone else would "want their free coin", while in fact no one ever did.
That doesn't mean it didn't rise artificially, of course. But I don't really imagine many willing to sell their BTC below 7000USD, while they can just hold it a bit. You know you'll buy again at 7000.
Main reason bitcoin price is fluctuating because of segwit2x being cancelled or postponed indefinitely , Bitcoin price was pumping because of the cancelled fork which is segwit2x. People were holding as much as btc they could for free coin that they will get in the said fork. Apparently, things change in an instant and when segwit2x was announce cancelled which lead bitcoin to correct it's real price and traders going back to alt coins. Just hold .
What happend with BTC? BTC is going down under 7000 USD.
segwit 2x cancelled but BTC is going down under 7000 USD.
Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.
How do you think about this situation?
I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....
Hold or not..
segwit 2x cancelled but BTC is going down under 7000 USD.
Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.
How do you think about this situation?
I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....
Hold or not..
You have a lots of money to buy bitcoin at a premium price so I'm expecting that you are going to hold for a long time, isn't it? If you are in for the long haul then there's nothing to worry about. As you noted, the segwit2x is already cancelled, they why so are seeing minor price correction. Maybe traders are cashing it out because they want to trade altcoins more, or just simply taking home profits. So my advise is just to hold on your bitcoins, you can't really do anything today, you can't sell because you will just loose your investments. So stay calm and just let your bitcoin sit in your wallet for long time in order to see nice profits when bitcoin like touch $10K in the future.
i think the price had been pumped unnecessarily
and the reason for that is the price crash just few momenta before the segwit cancellation news was publicized !
its obvious that big players got the news faster and brought their money out soon
that i what is called news trading in markets
and the reason for that is the price crash just few momenta before the segwit cancellation news was publicized !
its obvious that big players got the news faster and brought their money out soon
that i what is called news trading in markets
That is normal fluctuate in bitcoin value even the fork was cancelled bitcoin continue its progress and it would be more investors to come and the value before this year end will reach more than $8000. For now i am continue to collect to have more bitcoin in the christmas to make that day more happy and fruitful.
You obviously won't sell, that would be crazy.
You will just forever live with the idea that you just missed (not lost), by a couple of hours, 40x400 (unless BTC dips even more) =16000 USD
Yeah I'm rubbing it in, but I too bought a couple at 7500 (but on the rise after the large fall)... Not 40 but 5, but it still blows.
The worst is that I was ready for this dip, and I handled it completely wrong.
It looks like it has stabilized at 7200, meanwhile ALTs seem to stagnate after their predicted 10-20% rise, maybe that will convince everyone that it's time to go back to BTC. But many say it will go down further. I don't think it has a chance to pass 7000, but maybe I'm wrong. Hell I still have some money left to buy more at 7000.
It's normal that the dip isn't as big as if the fork had happened. Any large dip after the fork would have been compensated by the value of the B2X. So there is no reason to dip further. We all end up with the same money as if the fork had happened (except for those who think they would have successfully sold their BTCs within the first seconds after the fork. Yeah -some- of you would have had that chance).
You will just forever live with the idea that you just missed (not lost), by a couple of hours, 40x400 (unless BTC dips even more) =16000 USD
Yeah I'm rubbing it in, but I too bought a couple at 7500 (but on the rise after the large fall)... Not 40 but 5, but it still blows.
The worst is that I was ready for this dip, and I handled it completely wrong.
It looks like it has stabilized at 7200, meanwhile ALTs seem to stagnate after their predicted 10-20% rise, maybe that will convince everyone that it's time to go back to BTC. But many say it will go down further. I don't think it has a chance to pass 7000, but maybe I'm wrong. Hell I still have some money left to buy more at 7000.
It's normal that the dip isn't as big as if the fork had happened. Any large dip after the fork would have been compensated by the value of the B2X. So there is no reason to dip further. We all end up with the same money as if the fork had happened (except for those who think they would have successfully sold their BTCs within the first seconds after the fork. Yeah -some- of you would have had that chance).
It's just a normal occurence, bitcoins will eventually go down since it has really gone up by a lot. But I won't panic right now if I were you, since this is normal it is just correcting. It will still go up in the near future and will likely break another all time high. I estimate it to reach $10,000 before the end of the year, but right now it is the time for alts. Since alts all went down by a lot, there are so much cheap alts that people can buy.
First off, WOW 40 BTC is a LOT!
Now to answer your question. Bitcoin is in a slight correction and is expected to bottom around 6100 before it rebounds. This is not a problem and, in fact, these corrections show a healthy market and are actually good news!
In short, NO DO NOT SELL! HODL though dips. The best thing you can do now is to forget that you even own the Bitcoin for a few years (or at least months). Do not worry, Bitcoin will be breaking new highs again in no time. After all, it is expected to break $11K by the end of the year.
Good luck and remember to NEVER invest more than you can afford to lose!
Now to answer your question. Bitcoin is in a slight correction and is expected to bottom around 6100 before it rebounds. This is not a problem and, in fact, these corrections show a healthy market and are actually good news!
In short, NO DO NOT SELL! HODL though dips. The best thing you can do now is to forget that you even own the Bitcoin for a few years (or at least months). Do not worry, Bitcoin will be breaking new highs again in no time. After all, it is expected to break $11K by the end of the year.
Good luck and remember to NEVER invest more than you can afford to lose!
Most of the people has hold bitcoin to get benefit from segwit2X but after the cancellation of it they are throwing it back to the market. I have personally hold my earnings to get benefit from both the segwit2X and as well as the price increase of bitcoin. But I still have no plan to sell my holdings even if I didn't get any benifet from the supposed segwit2X.
My advice to you is to hold your bitcoin. It will soon recover it's price and will jump to the figure $8k. Don't be panic as this price falls is just for a little while.
My advice to you is to hold your bitcoin. It will soon recover it's price and will jump to the figure $8k. Don't be panic as this price falls is just for a little while.
Ffs newbie you aren't losing money unless you're selling. Just HODL and at some point when you're 10x your initial investment none of the fluctuations will matter. These are SUCH minor fluctuations they aren't worth writing about. You're really showing how green you are. "Omg guys a 7% dip should I sell??" Come on. Man up.
Yes, right. For the newbie will be hard if faced with a price reduction that sometimes happens. According to my experience, I've known Bitcoin for over 5 years. And from that I know for sure that the price of Bitcoin will always go up. In the future, the price of Bitcoin will be very large and we can profit a lot. We only have to wait a few years to earn 10 times profit. And it's not long. You can see the price of Bitcoin 3 years ago. Then compare it with the price Bitcoin today. You will realize the true potential and true value of Bitcoin.
What happend with BTC? BTC is going down under 7000 USD.
segwit 2x cancelled but BTC is going down under 7000 USD.
Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.
How do you think about this situation?
I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....
Hold or not..
You should have bought BTC at the dip bro. Well, you should HODL those. Don't cut loss or you'll lose your investment. HODL btc and you can profit a lot next year. Because next year btc will moon. It might hit 10k usd in the 1st quarter. segwit 2x cancelled but BTC is going down under 7000 USD.
Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.
How do you think about this situation?
I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....
Hold or not..
Ffs newbie you aren't losing money unless you're selling. Just HODL and at some point when you're 10x your initial investment none of the fluctuations will matter.
These are SUCH minor fluctuations they aren't worth writing about. You're really showing how green you are. "Omg guys a 7% dip should I sell??" Come on. Man up.
These are SUCH minor fluctuations they aren't worth writing about. You're really showing how green you are. "Omg guys a 7% dip should I sell??" Come on. Man up.
I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....
Hold or not..
I bought BTC at 7500 USD.....
Hold or not..
Nothing happen imo, just normal fluctuation in bitcoin world.
Bitcoin ATH is $7831, after reach the peak, bitcoin got corrected because people cash out their investment just in case bitcoin price will drop significantly, or just want to make profits. But, look at current price, recover to $7200.
You've bought BTC40 at $7500, that's a huge investment. Are you planning to trade bitcoin in the near future? Or want to hold it for long term?
No need to worry about it due to bitcoin will always recover, but it may take a day, a week or a month. Just hold it as bitcoin may reach $15,000 in 2018.
What happend with BTC? BTC is going down under 7000 USD.
segwit 2x cancelled but BTC is going down under 7000 USD.
Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.
How do you think about this situation?
I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....
Hold or not..
segwit 2x cancelled but BTC is going down under 7000 USD.
Almost people thought if segwit 2x cancelled, Price go up to 8000 USD.
But now Price is down.
How do you think about this situation?
I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....
Hold or not..
if i were you, i will still hold the bitcoin because i am sure that the price will be increase soon. it seems bitcoin price don't want to go up or down too far so i think its the best thing that we can do is hold for a while and if you still have money, you can buy more bitcoin and waiting the price is increase again. but yes, you bought bitcoin at the high price and i don't think that you want to get lose your money if you sell it right now so its better to hold. 40 btc is a big amount for me and i don't know when i can have 40 btc like you so you should hold tight your bitcoin until you see the price is up to $8000.
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