Journey to Hell, With Bitcoins

[SvenBomvolen]

Bitcoin is on 1900$ point already. I'm in the same situation as you are, but the sum is much lower, but anyway I know how you feel. I would recommend you to not touch those bitcoins, because of a new wave of growth is expected after the 1st of August. Hold your coins if only you don't need money desperately.

[Rahar02]

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    

You should aware of bitcoin environment before decided to be paid with bitcoin instead of cash, as you said you're a bitcoin fan, so that is your fault. If you do not need to convert bitcoin in the near future, I suggest to wait until the end of this month or next month, if segwit could be activated then bitcoin price should rise over $3000. But, if it is not works then we will stay at this point for months until miners activated segwit2x.

[YuginKadoya]

Bitcoin is on 1900$ point already. I'm in the same situation as you are, but the sum is much lower, but anyway I know how you feel. I would recommend you to not touch those bitcoins, because of a new wave of growth is expected after the 1st of August. Hold your coins if only you don't need money desperately.

Well if your that brave and it is OK for you to rick your money, then go for it and wait for the August 1 to past by because it will be a good year for bitcoin once the plan for Segwit starts and in operational, right now you can really see the price fall because of so much tension with some holders, and selling out of fear is the only thing they see, if you are really not reading in this forum in the impending events that about to happen then the only thing you can do is sell everything that you have.

[automobile]

Now it seems serious. Dawn-dawn-dawn-dawn-dawn 
Just relax and see Paul Johnson - Get Get Down

[spadormie]

Well it is probably for the good of bitcoin. After the segwit we can expect a large pump in bitcoin. After august 1 you can see that bitcoin is rising again and YOU CAN SEE THAT BITCOIN IS AT THE TOP AGAIN. Its not journey to hell it is journey to heaven from purgatory. Some article said that bitcoin might be $3000 or so after the segwit so be patience and watch bitcoin after August 1.

[cryptocoinplay]

[Sniper44]

i don't understand what you are waiting for! you clearly think bitcoin is going to hell. then why are you wasting your time and ours by posting comments and charts. go sell and get out fast.

unless you have already made other plans like some margin trading that depends on price falling more....

[hatshepsut93]

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    

First, you have to understand that every gain opportunity comes with a risk, in your case you wanted to get extra 11%, instead you have lost close to 30%. In fact, Bitcoin surged in price from $1000 to over $2500 in a very short period of time, just a few weeks. Many people considered it as a bubble or unhealthy speculations, because if the price rises too much and too quickly, it may crash quickly too. So, if you can't afford to lose any current value, you should usually sell BTC that you receive as a payment.

[v0rtecxz]

Now it's bitcoin is down and I think it's a common thing all will also have its ups and downs, and I think growth will happen as 1 August whether it will rise or reverse it, actually I also understand what you feel now, all Its definitely the same too, but i think i will keep this until the pump is kali pumping it

[Kotone]

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 feel sad for the bitcoin price since i am not aware for what the price of the bitcoin right now i think before that i need to convert all my bitcoin into fiat currency because i have a huge doubt that bitcoin will become this down and now here it is bitcoin now is at the price of 1,894 usd per bitcoin and yeh it is really hard for me to see that bitcoin is going that that hard. Hoping that it will recover soon.

[eaLiTy]

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[/font]    

If you are at a heavy loss ,i would say never panic and sell when you are at a heavy loss,just make sure that you add more coins whenever you can at a lower rate ,it is certain that the price of bitcoin will rise again in the future,just hold onto your coins for the long term and eventually the price will rise in the future,even if there is a split if you are having coins in your wallet where you have the private keys then you will have all the split coins.

[agatha818]

Lost some a while back, I was so frustrated coz I invested a money on my bitcoin, and I regret doing that, but I never lose hope, I recover my money coz bitcoin Soared up high and I recover some of it, I guess that's the way trading works, but still hoping for the best, a lot of people here in the community are positive about bitcoin, and After all that frustration and regret in the past, I still believe bitcoin is the next best thing! 😊

[The Sceptical Chymist]

It's interesting to me to see how many people here don't have the intestinal fortitude to be invested in bitcoin.  I suspect a lot of these people starting topics about "how low will we go?" weren't here back in 2013-14 when volatility was also through the roof.  If you've got faith in bitcoin as either an investment or as a currency, just hold.  You're never going to make any money buying high and selling low, are you?

We certainly could drop a lot lower, but none of us know where the bottom is.

[Vikingr]

I had just left the hope, all money is gone...

Friend, Don't left the hope. Bitcoin is now changing their setups e.t.c to provide fasted transaction. Therefore it is going down it will be more powerful than you present. Because now a days it is a challenging moment for bitcoin. So keep calm it will be a rise soon after August and it will cross the boundary of $4000 after in a middle of August.

[stompix]

Many people considered it as a bubble or unhealthy speculations, because if the price rises too much and too quickly, it may crash quickly too. So, if you can't afford to lose any current value, you should usually sell BTC that you receive as a payment.

No, let's be honest.
Nobody considered it a bubble. Duck maybe and probably nagle.

Everybody was talking only about Japan, 300k stores, ETF millions of adopters , Africa , India.
Look at the threads.
Everyone denied being in a bubble.

People were talking about 5k, 10k, 50k in 5 years.
Let's be honest.
Nobody here wanted this "bubble" to burst we were all happy with BTC at 2800 we didn't need a healthy correction.

[cryptocoinplay]

BTC/USD got a good support in the 1810 area and trying coming back to its position. Hope for the best

[ximply]

It's interesting to me to see how many people here don't have the intestinal fortitude to be invested in bitcoin.  I suspect a lot of these people starting topics about "how low will we go?" weren't here back in 2013-14 when volatility was also through the roof.  If you've got faith in bitcoin as either an investment or as a currency, just hold.  You're never going to make any money buying high and selling low, are you?

We certainly could drop a lot lower, but none of us know where the bottom is.

I think we have reached the bottom already. Now bitcoin rate is climbing strong. So people i advice you to buy on deep. But good thing i bought bitcoin already and will just time my next buy on deep.

[mrayazgul]

Bitcoin is on 1900$ point already. I'm in the same situation as you are, but the sum is much lower, but anyway I know how you feel. I would recommend you to not touch those bitcoins, because of a new wave of growth is expected after the 1st of August. Hold your coins if only you don't need money desperately.

Yes, please hold your coins if you want to avoid the loss. After reaching 1900$, bitcoin again rising and now above 2000$. Soon when people realize that bitcoin is not being hard forked, they will be a massive buy making bitcoin price above 3000$ in no time.

[olushakes]

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    

In there crypto world, one sure thing is uncertainty but the downward trend is not something people like us believe will last forever, so you are either going to join us and make bitcoin stronger or you go the way of those we see only in time of surplus but are quick to dump and even spread panick attacks in the case of little downward trend like the one witnessed in the past few days.

[Juggy777]

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    

Your frustration is legit, you got two options from where I see, a) cry and more cry and sell your coins at a loss. B) understand that bitcoin is very volatile, and this all is happening cause of August 1st event and once that goes away, prices shall shoot up. So I would recommend you to sit tight and forget about Bitcoins till mid August, a great rally is coming and if you sell now you will regret forever, be patient and you shall reap rich rewards. Just be positive on Bitcoins.