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Author Topic: Am I screwed?  (Read 747 times)
hutchdavidson (OP)
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June 26, 2019, 03:28:32 AM
 #1

I sold at $7550, am I screwed or will it at least go back down to $7500?
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June 26, 2019, 03:36:43 AM
 #2

I sold at $7550, am I screwed or will it at least go back down to $7500?

It will go back to $7500 but we can't know when will it happen, bitcoin price is always in constant motion, in the past months has been up all the way, but i have seen it months going down until touch floor.

You have 2 options, wait some months for the crash or buy now and sell them at $15k  Wink

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June 26, 2019, 03:38:06 AM
 #3

you are never screwed just because you sold at some price and then price started going up. instead you are screwed when you see that rise clearly but instead of correcting your mistake and buying back at a small loss, you decided to wait until you are in a much bigger loss and still not buy back.
you are also screwed because you entered a market and started trading in it that you had no understanding or experience in.

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June 26, 2019, 03:43:12 AM
 #4



its never too late to buy back, watch the dip and keep doing it. you might just be lucky to accumulate 1btc with thay amount. right now, you can wait til is sinks again to 11,400 buy and then when it hits again to 12200 that might just be the right time to sell.

the cycle goes on, theres a whole year of making this work out for you.









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June 26, 2019, 05:03:52 AM
 #5

You are not screwed unless you bought under your sold price. You will be screwed if you bought high and sold at low price regardless you can still recover no matter how much the price is today.

It has never been too late for everyone to start buying before the price goes higher than you had bought it. The bull run has just triggered and ride it before you get another regret.

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June 26, 2019, 05:13:40 AM
 #6

no one can know exactly in which direction bitcoin will move, but the two months are seen very good positive dynamics, so it is unlikely that in the near future bitcoin will return to $7,500
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June 26, 2019, 06:56:36 AM
 #7

This is giving the Bitcoin Price forecast for the next years
https://longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usd

They update the forecast every day. This website is very good. I used the predictions of the Indians in the past, and they helped me. Indians are very good to predict the prices
 
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June 26, 2019, 07:00:34 AM
 #8

Well $7550 isn't that bad. I sold 2 bitcoins for $250 each. I guess we will never see those prices again ever.

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June 26, 2019, 07:14:28 AM
 #9

İf you made profit dont worry about the current price.some friends says it will be 7500 but noone can be sure about it.my suggestion is wait and monitor for a while, designate the supports and resistance and enter again where you think is profitable.

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June 26, 2019, 07:30:47 AM
 #10

It will go back to $7500 but we can't know when will it happen, bitcoin price is always in constant motion, in the past months has been up all the way, but i have seen it months going down until touch floor.
Will it now? Will it go back to $0 too? No one can accurately say what is going to happen to BTC value at any particular point till now. You clearly are a pessimist who cannot see that BTC is growing organically unlike how it was growing in 2017.

You have 2 options, wait some months for the crash or buy now and sell them at $15k  Wink
The crash? Hilarious. Based on current events, BTC will continue rising in price over time breaching its old ATH and reaching a new ATH and will stabilize itself unless something crazy happens which is why your prediction that it will crash is pretty dumb in my opinion.

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June 26, 2019, 07:41:47 AM
 #11

It will be, it won't always stay at this price.

Obviously, some of the investors will be selling some of their BTCs and it won't be staying at $12K for a long time, though we don't know whether the price will continue to fall or will fall down. All we know is that the price will be falling down since BTC is volatile. Just wait for some time since this price might take a long time before it falls down again.
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June 26, 2019, 07:48:47 AM
 #12

If you managed to make money, then you are not screwed up. Those who bought $ 15,000 and then sold 4000 and got disappointed in cryptocurrency fucked up. It is very rare to get the maximum profit from the transaction. If you are a trader, then you don’t have to blame yourself for anything, but if you are an investor, then of course you sold a bit early, because the bull market has just begun. Anyway, I think so. But this does not mean that you will no longer have a chance to enter the market. Just wait patiently as I waited a whole year, but I believed that the market will recover. I think that the correction will definitely be and you can still buy at a lower price.

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June 26, 2019, 08:02:44 AM
 #13

I sold at $7550, am I screwed or will it at least go back down to $7500?

I think nothing to worry or screwed here about BTC price just now. Not this is time to recover BTC price untill it hit $23k. So i think you may be think upset that you sell in low price and suffer in near future. Grin Grin Grin
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June 26, 2019, 08:10:45 AM
 #14

You will be screwed if you hold $7500 in money fiat or stable coin. Buy it again now it's still the best time so far, the next price will be touch is $15.000 according to several prediction. You will still get profit although you don't have 1 bitcoin again. When bitcoin price is in the bull market then we can't resist its movement price, just a learning for you.

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June 26, 2019, 08:17:00 AM
 #15

I sold at $7550, am I screwed or will it at least go back down to $7500?

It will go back to $7500 but we can't know when will it happen, bitcoin price is always in constant motion, in the past months has been up all the way, but i have seen it months going down until touch floor.

You have 2 options, wait some months for the crash or buy now and sell them at $15k  Wink

Exactly, it seems that the price will still continue to rise in the coming days so better to move on than feel screwed or sorry. I just did the same mistake this month but what I did was I bought some bitcoins and i’m now waiting for the price to rise some more for me to sell, it may not be the same amount when it was $7500 but what’s important is I can still get profits.

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waitforme
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June 26, 2019, 08:47:00 AM
 #16

I sold at $7550, am I screwed or will it at least go back down to $7500?
It is a wrong decision you have made. Why do you sell it for $ 7500? You don't trust Bitcoin, and you sold it as soon as it reached $ 7500? I may have to tell you that Bitcoin will never return to $ 7500 again. Bitcoin is still rising and continues to rise, wait for some price adjustments, and you can rebuy Bitcoin at a lower price.

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June 26, 2019, 08:58:35 AM
 #17

as long as you get the advantage of selling bitcoin like buying at $ 6,000 and selling it at $ 7550 I think it's profitable because it's already gaining profit. for buybacks you can choose buy now because viewed from the chart the price of bitcoin is always up so you can get more profit. or wait for prices to fall again.

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June 26, 2019, 09:02:28 AM
 #18

I sold at $7550, am I screwed or will it at least go back down to $7500?

BTC can even go down to $100 and I was a part of the community when it was $100-$200 so no, you're not at a loss. If you feel that way then you will never really manage to deal in bitcoins which is highly unstable. People who has bought at 19k are still waiting for 1.5 years holding their coins. Imagine how they felt when BTC reached $3k.

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June 26, 2019, 09:04:06 AM
 #19

Not at all, while you sell with profits I don't think. Not only you, maybe a lot of people here have sold bitcoin some time ago and now watch bitcoin rise rapidly.

Well $7550 isn't that bad. I sold 2 bitcoins for $250 each. I guess we will never see those prices again ever.

Wow, unfortunately, bro, maybe if you still hold it, the price will be many times. I also sold bitcoin at a low price and since 2017 when I was sorry for the bull run, that's where I am increasingly optimistic about holding bitcoin, it turns out it's not in vain now and I'm still waiting for $ 20,000

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XCANA
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June 26, 2019, 09:13:37 AM
 #20

Well $7550 isn't that bad. I sold 2 bitcoins for $250 each. I guess we will never see those prices again ever.

This exactly is what i wanted OP to start thinking and not to just conclude on regret, even those who sold at $12k will come here to regret their actions, one thing is certain, never look on your looses and never wanted to buy back beck becasue buy back with looses will definitely bring or yield some profits at the end. I sold 1Ethereum at $310 but right now is $330, i just have to buy back bro...

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