Am I screwed?

[partysaurus]

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

has to be a correction sometime if we follow past btc trends, it always dipped back around 50 % of all it gained before the real pump begin , but like always you never know with investing.

[fiulpro]

Hey there don't worry I sold @3k $ , well why ?
Because I needed some money at that time .

I could have just asked from some friend and returned but you know what ? There is nothing better than you relying on your own money and that shame and everything of asking , I didn't have to face any of that .

Therefore I am not even sad that I sold , because I needed at that time.

If you keep feeling sorry and sad for the profit you could have made then you should just chill out and relax because it happens , it's a market where you bet while buying and selling , it is bound to happen .

You can just buy again and see if it works or wait till you see it's perfect.

[gentlemand]

Why would any of us know any more than you?

A rise like this is very rare and rarely sustainable. All the same it might be awaiting a further leg up and may still settle higher than we expect.

Ain't no one got a clue.

[michellee]

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

I am not sure because the price can go to any price. But I think it is hard to see that price in the future, especially if bitcoin price is getting so high. But the chance for bitcoin to go down will still be there as we know that bitcoin price will make a correction after the price reaches the highest price. You need to be patient if you want to buy at that price, but I could only suggest you place at any lower price but with the small amount.

[leavolnhals]

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

You really missed a great opportunity to get a lot of profit in just a short time. I recommend you buy more BTC because the chart is very beautiful and until now, it still has no sign of going down.
it will sideway for 2 days and start growing again, choose a good time to buy the best price possible. You can place a buy order at $ 12k3.

[Lucius]

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.

It is possible that OP bought BTC few months ago when price was only $3000 - $4000, and around 100% profit at that time was a very tempting offer. Given all the speculations that have emerged in the past few months, almost no one expected that we can see such strong bull run at this time of the year, one year before next halving. He is not only one who sell, many weak hands emptied their bags in anticipation of correction.

I would not bet that BTC will never return to $7500, it only depends how high this time will go, and correction can be 80% or even more. From $20 000 to $3000, and from $50 000 it can easy go down to $7k.

[gentlemand]

I would not bet that BTC will never return to $7500, it only depends how high this time will go, and correction can be 80% or even more. From $20 000 to $3000, and from $50 000 it can easy go down to $7k.

I don't really understand why anyone makes any bets.

Play with a proportion for fun by all means, but why are so many people pure binary?

If you're a non believer and you've reached the sum you're aiming for then by all means sell everything and walk away. Bitcoin's price is no longer your concern. If you don't fall into that category then quit dicking around and remain in your seat.

[Successmaniac4]

At any point in crypto, you can lose or gain. I'm sure you made profit when you sold at that price. But it is still not too Kate, you can still go ahead and buy when it dips and either hold or sell when you have reached your set target.

[dothebeats]

I don't really think you are screwed. I myself have sold into the early $8600 ranges and I was happy since I made a huge profit off of it already. Now I'm just looking for a nice entry point to take advantage of this current rally and have expected the price to come down to at least $9k since the volume is waning just the other day. Well, turns out my predictions are wrong and I'm still waiting for the price to at least climb down a bit and buy it, whatever price it may be and just hope for the best. $11k is a good buy already, at least for me.

[cocoadreamboy]

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

That actually wasn't too bad a price (depending on when you bought) hindsight is 20/20 so you will get the bandwagon people saying you messed up.

Check out this research for understanding how to find the bottom when it comes:

https://www.amsinger.org/open-research

I wish you the best!

Aaron

[mayukus4life]

First thing is to determine whether you sold at a loss or made profit. The crypto space is much unpredictable. You started seeing much analysis now from so called experts because the market is green once again.

[cocoadreamboy]

First thing is to determine whether you sold at a loss or made profit. The crypto space is much unpredictable. You started seeing much analysis now from so called experts because the market is green once again.

true dat

[stompix]

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

Hmmm

Placed an order to sell 12 BTC this morning about 10 hours ago and its still in the Open Order section. How long to actually complete the sell? Thanks

You already sold once at 12 BTC around ~8000, so there are like 1% chances that you bought above 7500 back in.
So, if you made a profit, it's all good.
You could have made x20 the profit but that doesn't mean you're "screwed".

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.

Buying back with losses will definitely bring you profits?
And this will always work like this, forever till the end of time? /S

Somebody has invented the profit printing machine!

[Lucius]

I would not bet that BTC will never return to $7500, it only depends how high this time will go, and correction can be 80% or even more. From $20 000 to $3000, and from $50 000 it can easy go down to $7k.

I don't really understand why anyone makes any bets.

Play with a proportion for fun by all means, but why are so many people pure binary?

If you're a non believer and you've reached the sum you're aiming for then by all means sell everything and walk away. Bitcoin's price is no longer your concern. If you don't fall into that category then quit dicking around and remain in your seat.

What is wrong with bets? I am not in category of non believer and I know something about how all this work. My post is about possibility that one day bitcoin can be again $7500, so what's strange about it? People say that this will never happen again, and that is very funny since price is just $4000 from that, and one or two big dumps can reverse the trend.

You have to accept the fact that 100 people can have 100 different opinions about the same thing, but some people think that all should follow them and do what they do. Fortunately this is not the case in this twisted world.

[maydna]

You are not screwed if you bought bitcoin at $3000-$6000 price level because at least, you are making a profit if you sell bitcoin at $7550. But you will have a problem if you buy bitcoin at $7900 and the price is down to $7550, and you are selling fast. There will be a time for you to buy bitcoin at a low price again and you need to make sure you can see that price so you can buy instantly or placing an order at the market.

I hope you don't have to worry because you will see another chance to buy bitcoin and sell bitcoin in many times because bitcoin price will always change.

[Pursuer]

when you are making an investment you should consider the risks and rewards. that can happen by analyzing the potentials of the asset you are investing in and your speculation of the long term movements of it. basically you put a lot of effort in coming up with a plan to buy and sell at different times and with predecided amounts.
then comes the risks, which is when you made a mistake or something unexpected happens. in your case the mistake was selling at a wrong price because you were affected by the FUD in the media. there is nothing wrong with that. but your biggest mistake was staying inert after you made the mistake instead of attempting to correct it. which would have been as easy as buying back.

[izanagi narukami]

If you want to achieve something high , you need to set it high either.
When you feel this is the time, this is enough and finish but it's not , it's time for you to learn it.

Every trader have similar experience by the way !

[palle11]

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

My concern for selling is to sell with profit. So if you sold below your entering price, then you have definitely been screwed. But most times, patience is really worth. Comparing the price today, is almost double the price you sols.

[Reid]

Are you screwed when you sold all those at 7500?

You are regretting it now just because you are looking at the price. Try to see the brighter side. That is the risk of selling large amounts or never leaving anything.

Well that is how crypto currency goes and you will have to live with that.

Options are to buy again at this price and not thinking where you sell before. If it goes up then you are not screwed.

[Apes]

calm down, not only you that sell BTC at prices below 8K. maybe now they still regret it and the possibility to buy back at prices below 8K is now almost impossible for now.maybe you can try investing in Alt with the funds that you have now.