Why Bitcoin price back to 9.5k$+ ?

[AngelJoshua]

Im wondering why bitcoin price suddenly get back to 9.5k$? i was really feeling bad of it because why it need to dip when i need to withdraw some of my bitcoin i dont have that much bitcoin , i only have worth 400$ bitcoin then when i woke up today ( i didnt check it for the last few days) what the! i almost lost 50$+ , i know that not much but for me its totally a big lost now i withdraw some of my bitcoin and lost my 50$ , if youre going to ask me why i need to withdraw it because it will get high soon ( i know   )  but i really need the money now its was really like a very bad coincidence for me .

~Im not  updated to bitcoin news for a the last few days thats why i think i didnt see that it was coming .

[Pursuer]

exactly 1 month ago today the amount of bitcoin you had was worth $230 and today it is worth $350 and you are still complaining that you "missed out on" $50 ($44 to be exact) because you missed out on selling at ATH?!

if you need the money take it and be happy about the profit that you have already made. if you don't need the $350 then just leave it be, it is not really a big amount of money. but leaving it will give you more profit in long term than cashing it out now.

[AngelJoshua]

Yes i dont have choice right now   other people think that if i need money i must borrowed to some of my friends but it was really different now , but its ok i think its part of my cryto and personal life challenges , yes youre right i have it when it price is 300$ im just not that contented i think sorry

[BitCoinKeeper]

if you need the money take it and be happy about the profit that you have already made. if you don't need the $350 then just leave it be, it is not really a big amount of money. but leaving it will give you more profit in long term than cashing it out now.

AngerJoshua.  ^^^^^ THIS is TRUTH^^^^^^ X 1000%

[WhichIsGood]

This is just one of the many price fluctuations of Bitcoin. Fluctuations like these already happened many times this year. There is nothing we can do if you really needed the money and had to cash out at time of a dipped price. In the first place, you are well aware of the different kinds of risks involved when you invested in Bitcoin.  

[wantjokull]

I think you should take care of your investment in straight forward way by having some more patience. You have only one option right now, and thats called as “holding for long”.


Bitcoin has been passed through some market correction and that is why the prices are dropped currently. But with some more time the bitcoin will be going up sure shot. Come on we have seen this since so many days, weeks, years and always saw how bitcoin risen through all this period. Im sure this time it will not let us down. :-)


Keep the patience and I would say have more investment into it. You an always have some settlement for now and try to withdraw later in the time.

[knien]

If you need to take money out at a moment you don't want to, probably you didn't you didn't follow the important rule of crypto investment:
Never invest more than you can afford to loose. (in your case: money that you realy need to have available in short term)

[Lm2e4]

Don't worry it will soon be back to $10,000+ or higher, I might don't know the reason why bitcoin price goes back to 9.5k$+, but today, at this moment it's already $10,000 so you better to make more profit again. I think bitcoin will reach $12,000 before this year ends so just be patient and at this kind of volatility, holding is the right thing to do dude. Trust me!  

[percy_tc]

It is a normal (and healthy) correction. Thats it, nothing to worry about.

[Mike Dickhead]

Do not base your entire income around Bitcoin if you aren't tracking it... very basic.

Make smarter financial decisions so you don't need to dip into your investments.

[thet]

That is very normal in bitcoin history or in trading. Tgere is always ups and down of bitcoin price.

[gabbie2010]

Im wondering why bitcoin price suddenly get back to 9.5k$? i was really feeling bad of it because why it need to dip when i need to withdraw some of my bitcoin i dont have that much bitcoin , i only have worth 400$ bitcoin then when i woke up today ( i didnt check it for the last few days) what the! i almost lost 50$+ , i know that not much but for me its totally a big lost now i withdraw some of my bitcoin and lost my 50$ , if youre going to ask me why i need to withdraw it because it will get high soon ( i know  )  but i really need the money now its was really like a very bad coincidence for me .

~Im not  updated to bitcoin news for a the last few days thats why i think i didnt see that it was coming .

Yea, that is price action for you, bitcoin has been undergoing correction for now, you ought to have capitalize on the price hike when it was at $11000+ and sell off some of your coins  definitely there must be a price pullback after the hike, else you hodl your coin.

[Guber4]

Lol new to this game. Well you will learn some stuff in treading with crypto.
Oh and a reminder, correction is a fancy word for some things behind the curtain.

[JTPhotography]

9.5-10k is a good point for it to hold for a while and maybe the coming action on futures will cause the next bump to be a solid one, not a roller coaster.

[gilangIDR]

I think that's normal. Because bitcoin prices are constantly changing all the time, this is what distinguishes digital currencies and real currencies. Digital currencies are heavily influenced by conditions that we can not see. Sometimes there is a pump and some are doing a dump. But for some people this is profitable. Because we can take advantage of this condition. I am the one who does that and I am happy when the price quickly increases and decreases.

[krishnaverma]

This is called as  a correction in the price. You need not panic at this point, hold your investment.

[mmhaimhai]

Being on bitcoin for almost two years I already witness huge pump and dump for bitcoins so I can say its pretty normal and I already dont waste time thinking what the reason exactly is. Just let it that way. If youre afraid of losing then go sell them on current price and hold if you think there still more profits tomorrow.

[buwaytress]

Pretty pointless to ask now as the goal posts will keep shifting like this in extreme unpredictable conditions for the next few weeks. Throughout the past month, even since bursting past $5,000, they've been at best 2 or 3 days with "stable" prices, so that's really the best you can hope for at the moment. People can come up with the reasons, but with hindsight, that's always easier to do.

You bought $400 worth recently or you received it as payment? I'm suffering the same blues all the time since I get paid in Bitcoin. Some days I cash out at a loss, other days I gain a bit more if the price happens to spike. I've found it's no use waiting too much for the perfect timing. If you're earning frequently, then you'll probably find out the same.

[XCANA]

Bitcoin price fluctuations is a normal situation in the crypto currency market and no one change it. You ask why Bitcoin decline to $9,500 and failed to ask yourself why Bitcoin value from $4,000 to above $11,000 as at last week because all went in your favour without knowing that the recent decline is another blessing in disguise for rational investors to buy at a cheaper rate, so you should not complain for the recent decline in the market value of Bitcoin.

[tamango]

When you invest some money in BITCOIN or others crypto you have to know that you can have huge profits but also huge losses!
So the best way is to invest only money that you don't need... otherwise if you have to withdraw when price is low you can have huge losses!