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Topic: Will BTC go back to 7k+? (Read 2151 times)

sr. member
Activity: 1358
Merit: 253
November 30, 2017, 01:57:57 AM
#84
I do not think it's possible, as we know that bitcoin prices have now reached $ 10,000 and it will be difficult if it drops to $ 7000 or 30%, instead the price will continue to rise as the number of users continues to increase.
full member
Activity: 630
Merit: 102
November 30, 2017, 01:18:34 AM
#83
Everybody is waiting for a correction and it is weird we haven't seen one yet.
I believe that when it i time for a correction we will see it go back to 5k or 6k. Maybe even less. Like we saw when the price was 4500 and went back to under 3k.

i ont believe that when BTC correct from 11k it will not reach 5k range because btc is going mainstream now and lot of millenials are rooting to cryptocurrencies.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 29, 2017, 05:03:02 PM
#82
Everybody is waiting for a correction and it is weird we haven't seen one yet.
I believe that when it i time for a correction we will see it go back to 5k or 6k. Maybe even less. Like we saw when the price was 4500 and went back to under 3k.
I think the chances of that are low, it may happen but I will not count on that after all the price of bitcoin seems to be doing good, it has decreased some today but nothing that screams to me that we are about to see a crash as big as the one you are predicting.
full member
Activity: 333
Merit: 103
November 26, 2017, 03:01:58 PM
#81
Everybody is waiting for a correction and it is weird we haven't seen one yet.
I believe that when it i time for a correction we will see it go back to 5k or 6k. Maybe even less. Like we saw when the price was 4500 and went back to under 3k.

Some chances are there. But it will reach Upto to 6000$ ,not less than that. But you are saying it will reach less than 3000$,but I was dam sure it will not go back to 3000$.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
November 26, 2017, 02:52:12 PM
#80
This is a hard time for bitcoin, the probability of bitcoin raising again and even hitting $8K before the end of this year  from my prediction is  95%. I observe that the drop in the price of bitcoin is as a result of the panic from the negative news about bitcoin have made some investor to pull out. Now the price have dropped some more investor will come in which will push up the price again. But in other not to loos all you might exchange amount of your bitcoin to other raising coin while you observe the movement in the price.

That's right. There are so many market trends and movements that keeps on affecting the value and price point of bitcoin. I am surprised though that it has kept a steady rise in value of varying amounts which means that it keeps gaining strength in the market, for it can easily adjust.
newbie
Activity: 24
Merit: 0
November 26, 2017, 01:44:36 PM
#79
Everybody is waiting for a correction and it is weird we haven't seen one yet.
I believe that when it i time for a correction we will see it go back to 5k or 6k. Maybe even less. Like we saw when the price was 4500 and went back to under 3k.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 26, 2017, 01:00:31 PM
#78
All the things may be possible in bitcoin, it can be lower at $5k or it will rise $10k before this year was end. For me if you already see profit in your investment it is good to sell your bitcoin for secured income.

And i do not like you to invest all your saving in bitcoin just only invest the amount that you can afford to lose. Dont risk it all, we do not know what will happen in bitcoin tomorrow, other day, next month or nex year that is why be wise on investing money.


Do not sell, you are going to regret it, yes you may get profits and spent them but after that what are you going to do, you are going to miss in all the future profits of bitcoin, only sell when your earnings are enough to make a big change in your lifestyle.
hero member
Activity: 1498
Merit: 537
November 25, 2017, 05:29:30 AM
#77
It could be, will be back to 7k+. Now bitcoin reach $ 8,100. Still possible the price will down to 7k+.
I know, no one knows when bitcoin can be stable. But now BTC still profitable to invests !
Yes the value of btc now increase again and this is the right time for op to sell his coins if he is worried for his money to decrease again.

But if i were in you, i will leave maybe 20-30% of my money in btc and hold it for long term because investing in btc is profitable its proven by many users although it takes also guts because the ride is not always what you expected it to be.

Bitcoin is unpredictable and full of surprises and anything is possible in future but right now I don't think there is anything to worry as bitcoin is moving upward since long time and even now price is getting higher slowly and steadily so it would be good decision to hold your coins at least for the next month as if you sell now then you will miss an opportunity of making higher profits in the end of the year which may show us price of $10k or even higher.
member
Activity: 215
Merit: 11
November 25, 2017, 04:14:52 AM
#76
Now the price has been getting near to $8500. Maybe this price increase will continue orelse it might show a price drop that might go low to $8000 staying $7000+ and then bumps high to reach $10000 or higher value that has been expected long back itself.
newbie
Activity: 93
Merit: 0
November 25, 2017, 04:08:04 AM
#75
BTC will recover more than 7k+ for sure. So just take some time then you can know it. I mean it could go more than 9k+ not only 7k+
hero member
Activity: 3010
Merit: 629
November 25, 2017, 04:05:33 AM
#74
It could be, will be back to 7k+. Now bitcoin reach $ 8,100. Still possible the price will down to 7k+.
I know, no one knows when bitcoin can be stable. But now BTC still profitable to invests !
Yes the value of btc now increase again and this is the right time for op to sell his coins if he is worried for his money to decrease again.

But if i were you, i will leave maybe 20-30% of my money in btc and hold it for long term because investing in btc is profitable its proven by many users although it takes also guts because the ride is not always what you expected it to be.
hero member
Activity: 910
Merit: 523
November 25, 2017, 03:41:35 AM
#73
I thought this thread about bitcoin will be drop back to $7K, but it turned out the opposite.
Bitcoin has been proven could recover faster within weeks, current price continues to rise over $8400.
It indicates bitcoin gain more value, new adopters and investors join into crypto-community.
There is no loss if you invest or get payment in bitcoin, as long as you can wait until the right time to cash out.
asu
legendary
Activity: 1302
Merit: 1136
November 25, 2017, 03:37:57 AM
#72
It could be, will be back to 7k+. Now bitcoin reach $ 8,100. Still possible the price will down to 7k+.
I know, no one knows when bitcoin can be stable. But now BTC still profitable to invests !
Definitely, bitcoin can drop again in $7,000 because we are just in $8,400 so basically if bitcoin still increasing their price until it goes in $10,000 i don't probably think if bitcoin will still drop again in $7,000 or maybe $8,000 because bitcoin have a strong volatiel thay can't even break
hero member
Activity: 980
Merit: 509
November 25, 2017, 03:17:19 AM
#71
It could be, will be back to 7k+. Now bitcoin reach $ 8,100. Still possible the price will down to 7k+.
I know, no one knows when bitcoin can be stable. But now BTC still profitable to invests !
hero member
Activity: 1305
Merit: 511
November 24, 2017, 02:15:33 PM
#70
Hi,

i did massive project and got talked into getting paid 100k in BTC when it was at 7,7k rate. By the time i received it on my account it was much lower, and its 5,5k now.



I need to make a decision, should i sell them now to get something or wait and loose most of it or is there a good chance BTC will recover?


I am not a BTC trader so don't know anything about this world but losing that much money makes me cry :/

Or should i change it to some other crypto that expects to be rising soon to recover those losses?

What would you do if you got 100k in 7,7k BTC rate and you have it at 5,5k rate now??


Thanks for helping me deciding this!

MultiBill

P.S: This 100k is my whole years salary:/
Bitcoin already reached a price high enough to allow you to withdraw with a small profit so if you want your money, right now is the chance to withdraw and enjoy your money, now if what you want to do is to invest there is no point to sell now if you plan to hold for a long time.

Exactly. You can already sell your coins if you want a small profit, but most of the investors are waiting for Bitcoin to rise even higher. It would be very foolish to sell them now. While you can have more.

Hold it longer and you will see a good profit from Bitcoin. If you have the patience of course.
More than patience I think people need a strong conviction of what bitcoin can become you can be the most patient person in the world but when people see bitcoin losing a lot of value in a single day they panic, this is why you need to be sure of your investment even when many people around you are telling you to sell.

My opinion is their a chance for the price change to 7000$.But it takes some more days,now the price of bitcoin make stable at 8000$.Some fluctuations of price will happen sure.If it so,it will reach the lowest end 7000$.If you had seen this price, don't waste a second to buy a Bitcoin.Upto now,it's very hard to buy a Bitcoin at 7000$,the value will not move lower than 7000$.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 24, 2017, 01:56:44 PM
#69
Hi,

i did massive project and got talked into getting paid 100k in BTC when it was at 7,7k rate. By the time i received it on my account it was much lower, and its 5,5k now.



I need to make a decision, should i sell them now to get something or wait and loose most of it or is there a good chance BTC will recover?


I am not a BTC trader so don't know anything about this world but losing that much money makes me cry :/

Or should i change it to some other crypto that expects to be rising soon to recover those losses?

What would you do if you got 100k in 7,7k BTC rate and you have it at 5,5k rate now??


Thanks for helping me deciding this!

MultiBill

P.S: This 100k is my whole years salary:/
Bitcoin already reached a price high enough to allow you to withdraw with a small profit so if you want your money, right now is the chance to withdraw and enjoy your money, now if what you want to do is to invest there is no point to sell now if you plan to hold for a long time.

Exactly. You can already sell your coins if you want a small profit, but most of the investors are waiting for Bitcoin to rise even higher. It would be very foolish to sell them now. While you can have more.

Hold it longer and you will see a good profit from Bitcoin. If you have the patience of course.
More than patience I think people need a strong conviction of what bitcoin can become you can be the most patient person in the world but when people see bitcoin losing a lot of value in a single day they panic, this is why you need to be sure of your investment even when many people around you are telling you to sell.
sr. member
Activity: 805
Merit: 250
November 23, 2017, 11:17:50 PM
#68

Though we definitely amazed of the continuously fast increase of bitcoin and it is now reaching $8k but we can certainly deny that, it could be possible that it goes back to $7k anytime. But it couldn't  go down lower that $6, hopefully it wont.

Because the most commonly reason of bitcoin price inflation is the creation of segwit2x. As we remember, after the cancellation of hardfork bicoin price goes down but after a few days it will back to its trend again. And now, bitcoin price go higher that everyone never expected as it only happens in few days event.
sr. member
Activity: 532
Merit: 280
November 23, 2017, 03:46:20 PM
#67
All the things may be possible in bitcoin, it can be lower at $5k or it will rise $10k before this year was end. For me if you already see profit in your investment it is good to sell your bitcoin for secured income.

And i do not like you to invest all your saving in bitcoin just only invest the amount that you can afford to lose. Dont risk it all, we do not know what will happen in bitcoin tomorrow, other day, next month or nex year that is why be wise on investing money.

full member
Activity: 143
Merit: 107
November 23, 2017, 03:09:23 PM
#66
Hi,

i did massive project and got talked into getting paid 100k in BTC when it was at 7,7k rate. By the time i received it on my account it was much lower, and its 5,5k now.



I need to make a decision, should i sell them now to get something or wait and loose most of it or is there a good chance BTC will recover?


I am not a BTC trader so don't know anything about this world but losing that much money makes me cry :/

Or should i change it to some other crypto that expects to be rising soon to recover those losses?

What would you do if you got 100k in 7,7k BTC rate and you have it at 5,5k rate now??


Thanks for helping me deciding this!

MultiBill

P.S: This 100k is my whole years salary:/
Bitcoin already reached a price high enough to allow you to withdraw with a small profit so if you want your money, right now is the chance to withdraw and enjoy your money, now if what you want to do is to invest there is no point to sell now if you plan to hold for a long time.

Exactly. You can already sell your coins if you want a small profit, but most of the investors are waiting for Bitcoin to rise even higher. It would be very foolish to sell them now. While you can have more.

Hold it longer and you will see a good profit from Bitcoin. If you have the patience of course.
full member
Activity: 237
Merit: 100
November 23, 2017, 02:43:04 PM
#65
Hi,

i did massive project and got talked into getting paid 100k in BTC when it was at 7,7k rate. By the time i received it on my account it was much lower, and its 5,5k now.



I need to make a decision, should i sell them now to get something or wait and loose most of it or is there a good chance BTC will recover?


I am not a BTC trader so don't know anything about this world but losing that much money makes me cry :/

Or should i change it to some other crypto that expects to be rising soon to recover those losses?

What would you do if you got 100k in 7,7k BTC rate and you have it at 5,5k rate now??


Thanks for helping me deciding this!

MultiBill

P.S: This 100k is my whole years salary:/

It already did and go ways beyond it. The current pricing is at $8200 and it is not yet the end of the year. Things have been going so smoothly due to the cancellation of Segwit2x.
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