do you think bitcoin will go back to 6000? should i sell now?

[prabhu]

Perhaps the price is likely to fall. This month we can not say anything.But the sale of Bitcoin currently is a bad decision.In some countries the fear of Bitcoin,this may be due to a fall in price.Due to barriers in countries over Bitcoin, Most investments will be reduced. This will reduce the price of Bitcoin. But it will not last long.Come back to old place.Coins are not sold right now need to keep.

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[DRVX]

do you think it is going to 6000?

I doubt it very much. As I see from the charts, Bitcoin is going to make a good step ahead, and then run. I believe that there is still no need to sell your Bitcoins. Wait just a little bit till the coin starts to grow.

[vince212]

Yes it is possible to go down to 6k or even more cause there the investors reacts to every bad news about bitcoin and it causes a big sell off.
It dependes how much you bought your bitcoin if you bought it higher than 10k i think you should consider cutting your loss.

thank you i sold @ 9000 hoping to get back at 6500

[XinXan]

You should have sold long ago, this mentality of holding forever is not the best thing you can do when it comes to cryptos. Everyone knows they are extremely volatile so why not set a limit of how much you are willing to lose before selling. Everyone knew this crash was going to happen eventually, maybe not to this degree but still it was definitely coming. People had plenty of time to sell. If you bought at 15k and you are still holding at 7.5k then you don't know how to trade and if you are in for the long long term you shouldn't even care. Bitcoin is still worth the same as it was 3 months ago, the crash isn't really that big if you consider that. The bubble busted but that doesn't mean it's not going to recover, cryptos are still in early development and although the market cap has hit like 800b that's still nothing. Other international markets have 50 Trillion as marketcap. Cryptos can literally be used anywhere so a 800b marketcap is really meaningless.

[superjeyy]

In the world of Bitcoin, anything is possible and as cliche as that might sound you should be used to it by now as we have reached a point where the range is reaching below the lowest rate we thought it would get; so in other words $6,000 is a rate we might possibly reach and we can even reach further below if people continue to panic sell. You know that selling at this time won't do you any good because you would end up losing more. However, it is you who can only decide that. If you have faith in Bitcoin, you know that it would recover. Just give it time. If not, you have all the freedom to choose what action would best suit you. 

[trickyriky]

do you think it is going to 6000?

It depends. What was the price you gave for Bitcoin? If it was less than 6 thousand you might really try to sell it if you are scared of the market fall risk. But weigh all pros and cons first.

[skorupi17]

do you think it is going to 6000?

Even though Bitcoin goes lower than $6000 or $1000, why would you sell for a very low price? To reduce your losses? But do you even know who Bitcoin is? If it reaches that price level many will just buy some because of the very big discount. Then the price will bounce back and will continue to increase to over its former ATH or just close below. Long term holders usually are the ones that always wins.

[icoworld]

It's hard to make a forecast while everything is so unstable, but I would not be in a hurry to sell you, I think it's better to wait a little and see how things change

[jimrome]

The big question before selling is that,is the coin in profit,if not there is no way i would be selling my coins,instead i will transfer my coins to my cold wallet and wait for the market to recover,with the recent negative news and the speculation of more strict regulations,expect the market to be volatile.

[trickyriky]

do you think it is going to 6000?

Now it will not surprise me so very much if this happens. Anyway, I am monitoring the charts and the news and hope the fall will stop.

[boyptc]

do you think it is going to 6000?

Can't say and can't predict. Bitcoin is going tough today and is roughly going down but what's a good indication that bitcoin is going back again at $9,000 so this is a very good sign that bitcoin is starting to kick again.

You wish so because you don't have bitcoin? If you are waiting btc to come down to 6k to buy you might wait till forever. I believe 8000-9000 usd levels are very good to get in as it is fibonacci retracement level.

Desperate people who wants bitcoin to go down further are not affected because they don't have it.

Yeah and if they were having bitcoin they must say something good for bitcoin that price of bitcoin will increase again but they are really hopeless it is not good, selling bitcoin at low price is not a wise step because bitcoin does not allow us to make false decision in bitcoin, price of bitcoin will increase once again and it is time to hold it and wait with patience so we will be able to have bright future in bitcoin.

They won't say something good about bitcoin if they want to have it at the cheapest rate. This how would they come up with a strategy that having someone who's professionally known in the world of financing and will say bad info's about bitcoin. But even how many times they will talk that way bitcoin is unstoppable, look we are recovering now.

[fulmetal08larz]

Never rule out the possibility of btc price going down again to $6k or lower. Learn how to strategize within the crypto market and study the trend, know your entry and exit point in the unpredictability of price movement of btc. Only yourself will know the answer to your question if you have fully equipped yourself with proper knowledge and strategy before you entered the volatile world of crypto.

[South Park]

do you think it is going to 6000?

We reached 6000 at some point but what it is the point of selling at that bad price, unless you love to lose money that is the fast way to become poor, to buy expensive and sell cheap when you should be doing the opposite, my recommendation is to keep holding this is nothing but a temporary adjustment in the market, in the future bitcoin will go up once again.

[wasta]

Man o man.
The bitcoins is healthy as ever.

Most bitcoins have never been spend.

That's proof of bitcoin not being healthy. Good currency circulates well. Bitcoin not. Something went totally wrong with Satoshi idea.
So there should be bitcoin community tax put on hoarders otherwise bitcoin will not be good crypto. Like tax on land which is hoarded for speculation and not being used properly.
So if you have address and spend your bitcoins regularly you will have no community tax.
But if you do not spend from more tahn 1 year , your bitcoin value should be gradually  decreaed to give you incentive to spend your bitcoins and help bitcoin world community grow.
Fantastic!

Of course not.
You are wrong this time.

Ordinary money doesn't circulate well either.
Most of the money is tight up in a house or car and on the bank.
When people have 200.000 euro in a house, they live with 2000 euro each month.
You have a small amount in your wallet for use (circulation) the bulk is at the bank.
More money is in your house or car.
The money in your house is tight up and doesn't circulate well.

If you do not spend your bitcoins, the value increases, it value becomes more and more.
Ordinary money is worth less and less, so decreases.

I have made 23 btc and spend them all.
Last time I checked I had 200 euroś worth of BTC, while I could have 400.000 euro.
Could have had, doesn't count.
I spilt the milk, so I am not going to cry.

[talks_cheep]

Yes, you should sell it now. If you have to ask such inept questions like it, you don't deserve cryptocurrency.

[Vaskiy]

Yes, you should sell it now. If you have to ask such inept questions like it, you don't deserve cryptocurrency.

Whether he deserves or not doesn't matter at all. If he finds that the price will go low he can sell, because he hasn't got the right understanding about the cryptocurrencies. Fear of loss is one that each and every user has got, with cryptocurrency user should have the mentality to face anything. It can be a loss, gain and most importantly hack.

[gabmen]

Yes, you should sell it now. If you have to ask such inept questions like it, you don't deserve cryptocurrency.

Whether he deserves or not doesn't matter at all. If he finds that the price will go low he can sell, because he hasn't got the right understanding about the cryptocurrencies. Fear of loss is one that each and every user has got, with cryptocurrency user should have the mentality to face anything. It can be a loss, gain and most importantly hack.

Lol that's a bit too harsh on the dude :p but yeah. These people who seem to be expecting easy, quick money from crypto should just rethink if they really want to be in this industry. It shows the lack of patience of people who didn't do their homeworks before investing

[Fazlurkhan.kz]

It is really hard to predict if bitcoin will dump further or it'll encounter a pump. Whatever may be the future of bitcoin, just hold. Do not sell at such low rates. I'd suggest buy more if you want to. But do not sell. You'll just have a loss rather than having a profit.
Avoid negative news and believe in bitcoin.

[Barbarian]

do you think it is going to 6000?

Even if it does, why do you want to sell? Right now is the moment to buy all the bitcoin you can, we are not going to see those prices forever and when they are gone people are going to lament not investing the same way people regret not buying when bitcoin was at 200 dollars.

[arwin100]

do you think it is going to 6000?

Even if it does, why do you want to sell? Right now is the moment to buy all the bitcoin you can, we are not going to see those prices forever and when they are gone people are going to lament not investing the same way people regret not buying when bitcoin was at 200 dollars.

I think he's panic to see the price keep dumping at the moment but I really suggest him to hold his ground since we cannot see more dumps coming on it since I really sure that the huge supporters of bitcoins will backed it up untill they can pump it up again to earn more profits for this top 1 digital currency in the world. And we are on Active state of markets right now and its so impossible to see such huge dumps again.