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Author Topic: BTC- When it back to 20k  (Read 3573 times)
Capt00
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October 18, 2019, 02:26:23 PM
 #101

Patience is the key in bitcoin so I would suggest to be patient a little more, i'm sure bitcoin will recover and it may reach more than 20k, it may happen in the coming days or perhaps months just wait a little longer. This is not the time to lost faith in bitcoin because it will surely bounce back. If incase you needed money then might as well participate in bounties and signature campaigns so that you are earning while waiting for the price to reach $20k.
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October 18, 2019, 02:38:14 PM
 #102

It's hard to assume when it will be back at $20K, but by the end of 2020 a lot of things could change. If you are not in emergency situation, I would suggest keeping them at least for a year longer. Also think about investing in other currencies, maybe trading, etc. It's hard to talk from this point of view, but stay strong fella!

Trading is hard if you are new to it. With the volatility of these crypto currencies, it is hard to keep up. Better hold your bitcoins for now and if you have money to spare, maybe you can do some small tradings too so you will be able to experience that cruel market. At least you will be having an idea of how great it is to trade.

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October 18, 2019, 03:10:50 PM
 #103

It's hard to assume when it will be back at $20K, but by the end of 2020 a lot of things could change. If you are not in emergency situation, I would suggest keeping them at least for a year longer. Also think about investing in other currencies, maybe trading, etc. It's hard to talk from this point of view, but stay strong fella!

Trading is hard if you are new to it. With the volatility of these crypto currencies, it is hard to keep up. Better hold your bitcoins for now and if you have money to spare, maybe you can do some small tradings too so you will be able to experience that cruel market. At least you will be having an idea of how great it is to trade.

Right in the point. However, I didn't think he should be trading all of his Bitcoins, but if it's affordable you could go with a tiny part for the start.

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October 18, 2019, 03:25:28 PM
 #104

Dear all,

I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.
I still have been keeping them with the belief that it will recover and over 20k.
it is too long time and that makes me so tired, i need money to invest a plan,but there is no money
Do you have any idea?

thanks
I'm sure you buy because FOMO, if you feel tired you should know 36k usd is not small money. Investing without thinking is the most reckless thing, anyhow cryptocurrency is a high-risk investment. Bitcoin prices are uncertain volatility, maybe halving will be your only hope.

I have idea, make more money in your work, and invest it as you planned. I suggest something else in the crypto world such as trading but that is the same as diving into a cliff.

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October 18, 2019, 03:32:38 PM
 #105

Good idea is just to try to not think about your investments every day. Try to forgot about it for a while
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October 18, 2019, 04:45:35 PM
 #106

Patience is the key in bitcoin so I would suggest to be patient a little more, i'm sure bitcoin will recover and it may reach more than 20k, it may happen in the coming days or perhaps months just wait a little longer. This is not the time to lost faith in bitcoin because it will surely bounce back. If incase you needed money then might as well participate in bounties and signature campaigns so that you are earning while waiting for the price to reach $20k.
Good on having an earning while waiting with patience for the $20k price. It is always good to move without any price prediction for the future. One needs to be prepared to face the worst market scenario, else need to consider the ongoing market trend and move forward. If the expectation is big and nothing happened it will be a big loss.

Think of bitcoin reaching $20k previous time. It all happened in a sudden when users were speculating about the price to reach $8000 and $10000. This time too I believe the price will reach $20k and even higher, but all happens in an unexpected time.

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October 18, 2019, 04:50:30 PM
 #107

Dear all,

I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.
I still have been keeping them with the belief that it will recover and over 20k.
it is too long time and that makes me so tired, i need money to invest a plan,but there is no money
Do you have any idea?

thanks
I am sorry for the situation in which you are but you are the one that is responsible for it, you could have sold your coins just a few months ago for 14k, this would have meant selling for a loss but it was your best chance to get most of your money back, now the price is below 8k and we have no way to know when it will recover and it is even likely the price will keep going down, so realistically your only option is to keep holding your bitcoin until you can sell for a profit and you will have to delay whatever investments plans you have.
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October 18, 2019, 05:47:43 PM
 #108

I think in order to recover your losses in Bitcoin you still need a lot of patience. Especially we do not know when it will happen again. So keep holding your bitcoin because you have been stuck in a situation where if you sell you are more likely to lose, and if you hold on it will likely raise $ 30,000.


First look for a job and don't even think about Bitcoin. And you come back after years sure you have a profit.
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October 18, 2019, 05:59:18 PM
 #109

Never sell your coins with the current price because this would make you lose a huge amount. Be more patient and keep positive because the price will eventually reach more than $20k but maybe not this year. It would be good if you still have funds to buy at these current low prices because you can sell them anytime  when the price reaches $10k and eventually earn good profits.
It is going to be a very big loss for anyone that removes his investment in bitcoin right now, except maybe someone that bought at $4000 and probably bought up to 100 coin of bitcoin and above, then that should be enough profit for such person and I know that aside whales, average people have less than 100 bitcoin.

It is really not advisable that we sell our bitcoin at this price because I know for sure that within the next 2 years bitcoin price will actually rise far more than the $20k that is even predicted here. I am so confident that when the bull run of cryptocurrency starts, bitcoin will surely make a run for up to 5x of the current price, and I think I don't need to calculate what that will be now, we can imagine how big our investment would be at that price.
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October 18, 2019, 06:31:16 PM
 #110

It's hard to assume when it will be back at $20K, but by the end of 2020 a lot of things could change. If you are not in emergency situation, I would suggest keeping them at least for a year longer. Also think about investing in other currencies, maybe trading, etc. It's hard to talk from this point of view, but stay strong fella!

Trading is hard if you are new to it. With the volatility of these crypto currencies, it is hard to keep up. Better hold your bitcoins for now and if you have money to spare

There is no easy start for everything, beginning always means to learn, and the longer time you spend on studying something, it will be more easier for you to Trade.

maybe you can do some small tradings too so you will be able to experience that cruel market. At least you will be having an idea of how great it is to trade.

This doesn't make sense at all, it is like you are saying try to cut yourself with a knife then stop it when you know it hurts and stop the bleeding. Losing and earning profits in Trading is great, there is nothing to be sad about it, it is a part of a Trader's life, you just have to be use to it and endure the lossed in order to have huge profits in the long run. Don't let your sadness ruin the momentum you have in Trading.
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October 18, 2019, 10:46:15 PM
Last edit: October 19, 2019, 03:44:20 AM by Magkirap
 #111

Dear all,

I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.
I still have been keeping them with the belief that it will recover and over 20k.
it is too long time and that makes me so tired, i need money to invest a plan,but there is no money
Do you have any idea?

thanks

This is the reason why we need to devide our funds into different cryptos and not just rely on a single crypto. Like in your case, when bitcoin price dumps, you have no choice aside from to wait or to sell it. As of now, I think that it is better to wait until atleast it was 18k and convert it back to your desire currency to somehow be safe. Next time be mindful on your decision so that it will not happen again.




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October 18, 2019, 11:59:10 PM
 #112

Never sell your coins with the current price because this would make you lose a huge amount. Be more patient and keep positive because the price will eventually reach more than $20k but maybe not this year. It would be good if you still have funds to buy at these current low prices because you can sell them anytime  when the price reaches $10k and eventually earn good profits.
It is going to be a very big loss for anyone that removes his investment in bitcoin right now, except maybe someone that bought at $4000 and probably bought up to 100 coin of bitcoin and above, then that should be enough profit for such person and I know that aside whales, average people have less than 100 bitcoin.

It is really not advisable that we sell our bitcoin at this price because I know for sure that within the next 2 years bitcoin price will actually rise far more than the $20k that is even predicted here. I am so confident that when the bull run of cryptocurrency starts, bitcoin will surely make a run for up to 5x of the current price, and I think I don't need to calculate what that will be now, we can imagine how big our investment would be at that price.
The OP does not have other choice but to keep on holding his coins untill bull run starts because if he will sell it today, he might only regret it because he will just lose a huge amount and will not make big profits anymore when there are chances that bitcoin price starts to pump. For now, it's more important to be more patient and more focused so that he will not come up with a negative decision.

R


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October 19, 2019, 01:58:48 AM
 #113

last July was the best price of bitcoin this year at $ 13,000. congratulations to those who bought bitcoin in January because at that time the price of bitcoin was only $ 3k, of course now they have made a big profit. and unfortunately I missed that. because at that time I did not have enough money. and now i am trying to buy bitcoin at a price of $ 8k hopefully in 2020 bitcoin can reach $ 20k this is the hope of all bitcoin investors.
With every passing year, the price of bitcoin will increase, making it expensive than earlier even during dips. There is no need to pity yourself because as compare to many other people, you are still an early bird to this train. You are doing the right thing. Bitcoin is going through dip at present and now is the last chance to grab this digital asset at a low price. Indeed, it will gain far more value than 20k dollars in coming days.

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October 19, 2019, 01:21:13 PM
 #114

You made a mistake, sorry if my words are not polite, but you are very eager to get a profit so you do not think about the consequences yes indeed bitcoin is a long-term investment but even so don't let us lust for huge profits always use, I say again always use a stop loss to minimize losses that are very much, if you already get a profit even though a little immediately sell, do not hold too long. if you want to invest try with a small coin in binance in my opinion can get a profit even though a little.
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October 19, 2019, 02:09:24 PM
 #115

Many people who bought bitcoin like amount that you bought and you know what they still doing right now? They are still keeping their bitcoin because they impatient now of they sell it more than 50 percent of their capital lose for sure but if they still hold their bitcoin still have chance to back their capital that they invested to the bitcoin and plus a some profit because I believe not only 20k dollars possible but more than that.
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October 19, 2019, 02:53:53 PM
 #116

I have no "calculations" that would result with us having a $20k bitcoin price, but I think the answer of "long term" is always valid, because in the end bitcoin is something limited and even tho we have thousands of them printed everyday until may and then even thousands in couple days will be possible so the "limited" nature is not really too limiting right now but eventually it will be, we are in year 10 right now and 18 million of 21 million is already printed, in the end if the coding is as solid as we trust it, eventually there will be all coins printed and the coins will dry up and price will skyrocket for sure.

It may take some time, we need to be patient, but in the end we will see it happening for sure, just wait for the miners to not print out as much as they are right now.

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October 19, 2019, 05:30:37 PM
 #117

Dear all,

I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.
I still have been keeping them with the belief that it will recover and over 20k.
it is too long time and that makes me so tired, i need money to invest a plan,but there is no money
Do you have any idea?

thanks

We cannot here tell fortune. Simply look back at all these predictions. In 99.99% of cases, they did not simply come true. Even TA is useless in everything which refers to the cryptocurrency. There are too many things that affect it, and not only demand and supply. Here is the policy (of 1 country or global), crisis, even the elections of a new president in a separately taken country. Meanwhile, it is evident that Bitcoin will be gaining. In 5-6 years it will cost times more than now.
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October 19, 2019, 06:32:37 PM
 #118

my prediction is that Bitcoin will be back to 20K before the end of 2019. However it may only get back to 20K after the having next year.
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October 19, 2019, 07:06:34 PM
 #119

my prediction is that Bitcoin will be back to 20K before the end of 2019. However it may only get back to 20K after the having next year.

How come is there any prediction proof you have to show and prove that this amount will be reached? But I believe we can find the Bitcoin Roxie to reach the 20k USD at the time halving.
Even last time bitcoin reaches the big value from 2k USD to massive 15k USD and more value. So I expect it on 2020.

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October 20, 2019, 03:14:48 AM
 #120

my prediction is that Bitcoin will be back to 20K before the end of 2019. However it may only get back to 20K after the having next year.

How come is there any prediction proof you have to show and prove that this amount will be reached? But I believe we can find the Bitcoin Roxie to reach the 20k USD at the time halving.
Even last time bitcoin reaches the big value from 2k USD to massive 15k USD and more value. So I expect it on 2020.
for now, I don't think that this year the price of bitcoin can reach $ 20,000, however, it's quite difficult. in fact, I don't think the developments made in 2020 will have a very high effect on bitcoin this year. At the end of this year, the most ideal price achieved is bitcoin reaching the level of $ 10k or the highest is $ 12k. that's what I thought, and if the price of bitcoin can return to the level of $ 20k, that might happen in 2020.

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