Will BTC go back to 7k+?

[MultiBill]

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:/

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[BitcoinReseller]

btc will go back to 8~10 k at the end of this year.

[wisdomcn]

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.

[lupinvn]

probably!
Look at bitcoin price around 1 hour from my comment. You can easily see that btc price has gone up very fast (from 5k4$ to 6k$ in just 1 hour) and followed by decreased dramatically of Bitcoin Cash (BCH) (from 0.39 btc to 0.21 btc at the time I write this). That a very good signal for the coming back of the King  . And I think that, after BCH segwit (tomorow), everything will be back to its "orbit". And ofcourse, BTC price will rocket to 7k+$ again, and even more (10k$ maybe. lol)

[d5000]

I doubt you're telling the truth about your "massive project", OP. Bitcoin was at $7700 only for a short time (less than an hour). $7300-7500 was the highest point it reached for a considerable time. So either you failed miserably negotiating a fair price or you are only trying to increase your post count.

To answer anyway: Yes, I believe it will cross $7000 again. I don't know if its' this year, but I'm sure it will do so until 2019. $5500 could also be only a dip, due to heavy BTC/BCH speculation.

(And this thread belongs into the "Speculation" forum.)

[t3hpwnographer]

Today was certainly a rollercoaster of emotion for all BTC and BCH investors, but I think it's pretty clear that BTC is going to win out and continue to grow. Even since the time of your post BTC is back up to ~$6.3k, and I think it will continue to go back up though perhaps not as quickly as the past couple weeks.

[WhiteOutMashups]

When in doubt, hodl

Something with as much infrastructure as bitcoin can't just die out completely, I reckon.

[TARS999]

I doubt you're telling the truth about your "massive project", OP. Bitcoin was at $7700 only for a short time (less than an hour). $7300-7500 was the highest point it reached for a considerable time. So either you failed miserably negotiating a fair price or you are only trying to increase your post count.

To answer anyway: Yes, I believe it will cross $7000 again. I don't know if its' this year, but I'm sure it will do so until 2019. $5500 could also be only a dip, due to heavy BTC/BCH speculation.

(And this thread belongs into the "Speculation" forum.)

+1 for him not being honest.

As for BTC/BCH, IMHO, this situation will ruin both chain permanently and bring us expected massive correction in BTC value, regardless of winning chain.

[yohan09]

For me, Im looking forward will recover and hit 7k again, This is back to back scenario, Somebody also stated that it is like a roller coaster, Definitely yes, It is designed to be like a roller coaster in able everybody will make business.  

[Sifat33]

Yes it is possible.As soon as possible it will reach 10000 dollar.So maybe you understand.

[humanCNC]

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:/

I think you should keep it. When you post this topic, less than an hour ago the btc price is 5k5, but now more than 6k. You can easily see the btc price is very fast. So I advise you ought to keep it, I think the btc price will increase again soon and $ 7k7 is no longer a problem.

[akram143]

Sure it will go back to $7000 in a week or less so don't have to worry about the price because the price fluction in bitcoin is high but the bitcoin will recover from its loss very soon.You mentioned the price is $5500 I already can see a the price reached $ 6000 in very short time from the time you posted this post.

[pootutus]

I think at this point, you have to consider your own risk and affordability. If this 100K is a savings, then you can continue to hold, if this 100K is part of the money needed for life, then now this position has been sold part. It's just my own advice.

[bacviet]

I think it will be a month

[Momoamzad]

Don't worry about the price of bitcoin. It will hits $10000 k at the end of the year. Just hold it & take huge profit of it. So keep it tightly

[white.raiden]

For me nothing can say that bitcoin will increase because we do not hold that situation but most of us expect bitcoin to increase as much as I invest and accumulate my bitcoin so it gets high so be patient.

[Shinza]

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:/

If I were you I would definitely hold back. If btc is 5k5, then you have 2k2 loss for a btc and you own 100k BTC, then the amount is really much. So if you sell it then you will not have the chance to get it back. I think btc prices will rise again but 7k7 is not low so maybe you need to wait a while.

[drwhobox]

It's not hard for bitcoin to rise again after the pump for Bitcoin cash. Just be patient and hodl your coins it will be back soon after the dumps of Bitcoin cash everything would be normal like last month. I would recommend buying some Bitcoins due to the low price.

[RoadToBTC]

I'm sure bitcoin will go up, previously rising from $ 4000 to $ 7000 and I see just down now. as usual bitcoin will be correction if too long rise. but I'm sure if bitcoin will be more than the highest price after this, many people know and buy bitcoin. caused higher bitcoin demand, very reasonable if now the bitcoin price drops. but hopefully with dropped bitcoin price it will make altcoin prices can rise...

[mondobitcoin]

Don't worry, i think that at the end of this year the price can grow up and more than $7000
So is better to hold bitcoin, and sell it when price is higher