I bought bitcoin at $20k last year

[angaper]

I have no doubt that the decisions you have made with your bitcoins have been based solely and exclusively on emotional impulses rather than on an adequate analysis of the pros and cons, risk-reward ratio and other more financial analyzes.

Unfortunately, the laws of money seem to be efficient in rewarding those who show enough intelligence to administer it, and punishing those who do not take care of it and administer it properly.

Therefore, I hope that this bad experience will leave you some teaching about it, and rest assured that if you try hard you will always find new opportunities to recover your lost money, and even multiply it.

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[shashikamal]

Feel sorry but the lesson that you have learned is worth more than what you lost. Always study well & apply it practically as you are in highly volatile crypto space. Psychologically most of the people are fail in these markets same like you. If you can survive these difficult times, you can still recover your loss & gain profit by holding & doing trades. Use money management skills & collect more BTC as much as possible. Do small trades to collect more BTC. Technically BTC has to go beyond this bottom & collect some if you are financially strong. Remember stick to good trading practices.

[tautelar]

If you still holding it up, then my strong advice is to keep holding, you will still earn nice decent profit in the next big bull run.

The next time we notice the price move like that then most people that were holding will be able to purchase their infamous lambo's.

[Bitfling]

I have no doubt that the decisions you have made with your bitcoins have been based solely and exclusively on emotional impulses rather than on an adequate analysis of the pros and cons, risk-reward ratio and other more financial analyzes.

Unfortunately, the laws of money seem to be efficient in rewarding those who show enough intelligence to administer it, and punishing those who do not take care of it and administer it properly.

Therefore, I hope that this bad experience will leave you some teaching about it, and rest assured that if you try hard you will always find new opportunities to recover your lost money, and even multiply it.

I am agree with you. People sometimes get emotional when they see price rally and they want to jump in. But i think its experience that we can learn. Its happen to many peoples including my friends but he still keep hold his bitcoin for long term

[POM]

Well, i think many people also have been there. It’s very important to choose the right time before buying any coins. But no need to worry, just be patient because bitcoin will have a really good future. No doubts.

[umar22pk]

Sorry to hear you about your loss, but here everything possible sometime you can lose sometimes you can make a huge profit.
Now you have to keep patience & hold your coins for long term even you have to wait for huge pump, and then sell your coin.
And next you must coins in dip & sell in big rise.

[Yantoaja]

I got into the bitcoin again last year after losing all my 4.5 bitcoins to ponzi schemes early last year. I bought in bitcoin again at $20k. Now bitcoin is $6k+.  I'm regretting my actions.  

You should already know if the price moves up so fast that the supply of the item will decrease and cause the price to go down again for the next period, if you think a price will continue to rise even though it has exceeded 100% profit then in my opinion it is a truly wrong action

[Kagamipo]

poor you bro. it's very hard to reach $20k again.

[yohananaomi]

poor you bro. it's very hard to reach $20k again.

indeed events like this are commonplace, but not to be pessimistic that they will not return to $20K, because all can happen even if it is impossible to predict more than that at the end of this year.
must be optimistic that changes will occur.

[Ch1bi]

I got into the bitcoin again last year after losing all my 4.5 bitcoins to ponzi schemes early last year. I bought in bitcoin again at $20k. Now bitcoin is $6k+.  I'm regretting my actions.  

We live and we learn.  I'm sure a lot of us lost money in this market. The important thing is that you took note of what went wrong and how next time you don't make the same mistake.

[Roni116]

This has been purchased, and don't regret much less sell at a low price that will make you lose. I think you better hold and wait for the market to be more stable and you can sell, at least with a higher price you don't lose too deeply.

[reverseflash]

In the rating of the most popular councils this year wins "calm down and patiently hold". Unfortunately, the rapid growth of bitcoin at the end of last year showed only that a strong fall often follows a too strong growth. Although if you look at the situation as a whole, at the moment (as well as in general throughout this year) the cost of bitcoin is much higher in its entire history, excluding the end of 2017. That in itself is a very positive fact.

[Ashong Salonga]

Well, i think many people also have been there. It’s very important to choose the right time before buying any coins. But no need to worry, just be patient because bitcoin will have a really good future. No doubts.

I have a friend who also buy bitcoin at $20k last year because he thought that the rise of bitcoin will continue but he is wrong, after bitcoin got rises over $20k it's slowly dump and until now it still have a low price but off course we still need to trust btc.

[Harunote]

opss. you chose the wrong time to buy man. let's hold more

[gooryheta]

Oh man it's really sad story, I know what u feel now, from my side I always wondering for turn back the clock so I never rwgret for something

[syntac]

for the future you can be more careful in terms of strategy. because the high and low prices of bitcoin have been set by experts in their fields. it could be that bitcoin today is soaring or vice versa.
we can only determine which one is suitable for us to sell, with the expectation of the highest price.

[lohladex]

Sorry for the loss mate. One thing i just realized about Cryptocurrency BS is that you have to learn some basic rules of investment and trading before venturing your fund into it.
You bought when the price got over-hyped and suffered loss when the bubble burst , this happened to almost all Newbies investors. Am sure you have learnt your lesson this hard way and i believe such situation would never occur again .Next time, you wait for the price to dip before putting your capital.

[Kiyokooiko]

opps. you may lost you money a lot if sell now bro.

[Gaman]

Just hold on to it till it becomes 200k

[Azamikio]

it's a bad time to invest you buy at the time bitcoin get top. and now you have to hold a long time. i'm afraid it alot. too dangerous