BTC- When it back to 20k

[Pearls Before Swine]

I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.

Eeeek!  You bought right near the top, but that's a mistake that I am sure a bunch of traders made.  It's hard to keep a lid on your emotions when the bitcoin market is going wild, and in general hard to *not* buy something when its going up in value every day like bitcoin was back then.

Good you held onto the coins you bought, because I bet you that many traders who did the same as you sold in a panic when the price dropped.  Just hodl.  I cannot say for sure what the btc market is going to do, but I am fairly confident that it will get back to the price point at which you bought it and then go much higher.  So just hold on and wait for the next bull market run.  It's coming soon.

[aysg76]

after bitcoin halving, I'm sure bitcoin price can reach over 20k. you can see the history from 2012 until now, which has undergone 3 times halving, and after that, the price always to the moon.

Yeah, BTC has a good track record of the halving and it is considered as one of the major events for the crypto. After each successful halving, the price has experienced a great growth rate and in fact, it had also attained a new ATH. Therefore we can easily expect the price to reach over 20k$ this time also. So, it is better to be patient now as I believe the halving would be worthy of it...

[Kambal2000]

I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.

Eeeek!  You bought right near the top, but that's a mistake that I am sure a bunch of traders made.  It's hard to keep a lid on your emotions when the bitcoin market is going wild, and in general hard to *not* buy something when its going up in value every day like bitcoin was back then.

Good you held onto the coins you bought, because I bet you that many traders who did the same as you sold in a panic when the price dropped.  Just hodl.  I cannot say for sure what the btc market is going to do, but I am fairly confident that it will get back to the price point at which you bought it and then go much higher.  So just hold on and wait for the next bull market run.  It's coming soon.

This is the what really happened most in every person, sometimes I do that too, whenever I see that the price is increasing, I always can't restless and I wanted to buy and earn even small profit, but what happened was I got rekt, but now I am controlling my emotions, I make sure to buy always at the dip and not at the top.

[ReiMomo]

That's so sad to hear since it's almost 2 years ago but until now bitcoin price still doesn't reach $20k. It still drops down and I don't know what is happening now. There are already investors who back out due to its low value for now. I think it will take time for bitcoin price to reaches $20k again just like 2017.

Just a friendly reminder, you have nothing to lose if you don't sell your bitcoin or convert into fiat because that is still the same quantity in your wallet. Don't lose hope I know that bitcoin will surge when next halving come, just keep it holding until it is back to the price when you are invested your bitcoin. Once your profit was there you may cut it and reinvest.

[rdluffy]

You should invest in BTC only money that you can afford to lose to not have this problem right now, but you have to answer a simple question to know the answer and solve your problem:

If you sell your BTC, will you gain more money with this investment or not?

If you'll gain money, so sell BTC and put your money in this another investment
If you'll not gain a good percentage in this investment, better wait

Remember, you have the same amount in BTC, this is important for long term

[harizen]

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

First of all, congrats that you withstand the 2018 bear market. You already bear the long waiting period of hodling those coins so why give up now.

And I just wonder, in the span of 2 years, you didn't come up with another plan or somehow thinks of another source of income? The moment you decided to hodl for long, you should be aware of the risks and possibilities that might happen along the way and accept that the waiting period might take several years. And for that, you must be prepared and you must consider your hodl coins as "loss".

Bitcoin price will surely breach again the $18,000. However, it will take time. You really need to work for other sources of income. You managed to acquire $18,000+ before so I know you can think of a way to support your financial status.

[Dr.Osh]

~

~

It's hard to expect for now, but we should always be prepared whatever happens, if the Bitcoin has fallen, are we prepared? Do we have back up funds in case of emergency? Are we going to stress out ourselves for the loss? or are we going to buy more, we should think this things and be prepared before it will happen so we will not be panic at all.

I don't really understand what you're saying, but this is all speculation and prediction for what will happen in the future. if this is a matter of preparation, everyone has their own preparation, in fact, I suspect that there are some people who save all in their asset on bitcoin to wait for halving to occur because they suspect the price of bitcoin will rise higher after halving, and they are ready with all the risks.

[AmoreJaz]

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

First of all, congrats that you withstand the 2018 bear market. You already bear the long waiting period of hodling those coins so why give up now.

And I just wonder, in the span of 2 years, you didn't come up with another plan or somehow thinks of another source of income? The moment you decided to hodl for long, you should be aware of the risks and possibilities that might happen along the way and accept that the waiting period might take several years. And for that, you must be prepared and you must consider your hodl coins as "loss".

Bitcoin price will surely breach again the $18,000. However, it will take time. You really need to work for other sources of income. You managed to acquire $18,000+ before so I know you can think of a way to support your financial status.

thats unfortunate event for the OP but yeah he should be doing something else to earn income.
is he not working and just sitting all day long at his home and just waiting for the BTC to go up? of course not, so more then likely he has money even if we say it's not that much one thing he can do is take a look at short term trading. in the long run, he can earn money in that kind of trading too.
he should not be waiting in vain for that matter. at least do something, right?

[Indymoney]

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

the only way you can do is continue to wait until the price of bitcoin reaches above the purchase price you made before. only patience you can do, because you did the wrong strategy by buying bitcoin prices when market trends are increasing. I feel salute for the courage that you did at that time by buying some bitcoin when it cost $ 18k, but you don't need to complain if you have full confidence that the price of bitcoin will rise sharply in the future.

Right now best decision is just wait and watch because if you are going to sell in lost then its very hard for you to recover you done a very hard decision and bought these coins at this rate now done another hard decision and just wait because we are surely going in positive mode in next few weeks hopefully your this patience give you good benefit.

[haidil]

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 where we are tested in patience, because the only way is to be patient until the price of btc goes up, for that I believe that btc will definitely rise again.

[yulionoo]

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.

[fullhdpixel]

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

I know that sometimes the temptation can really be there when we need money to just close up our investment in bitcoin and use if for the purpose,  but what usually do encourage me a lot to keep holding on is that what if I had lost the fiat I invested to theft or fire accident and there is no assurance that I could get it back,  will I not move on in life and look for other alternative means to meet up with my daily need, so don't be tempted to move it out because I know that if you take that step and withdraw your investment prematurely and at a loses,  there is absolutely possibility  of you having a very big regret in future,  see bitcoin has future investment and wait for more few years,  the price of bitcoin will surely rise again,  I can assure of that.

[EdvinZ]

Right now, Bitcoin has fallen below $8000 again. This is a very disturbing signal. I think that some bulls are already disappointed that Bitcoin will be able to rise to the level of its historical price maximum this year. If Bitcoin will cost $20,000, it will be only next year, before halving. In the current situation, the bears dominate, the ETF launch is once again postponed and the bulls can only surrender.

[Wysi]

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.

Well, that is the hope of all the investors but things might or might not go that way as there are too many correction phase which we are going through and right now we are struck around this $8k mark for long time and not sure it this is a buying period or we need to wait for some more time to see if dumps as this is definitely not a selling period. If everything goes well and if we see any bull run then we could achieve the mark of $20k.

[Taskford]

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.

Well, that is the hope of all the investors but things might or might not go that way as there are too many correction phase which we are going through and right now we are struck around this $8k mark for long time and not sure it this is a buying period or we need to wait for some more time to see if dumps as this is definitely not a selling period. If everything goes well and if we see any bull run then we could achieve the mark of $20k.

By now we a re at $7.9k mark and actually I'm little bit worried on how things go on upcoming days since the dump since keep coming and hopefully we can recover at the end of this year, and also I'm sure everything will go well on next year since we have the halving event and provably this one could lift the price up and maybe it's good to speculate on what will be the price of bitcoins in year 2020.

[shoreno]

When the price of bitcoin reached 13k usd a few months ago, I felt very excited and was sure that the price of 2020 would reach 20k usd. However, looking at the last 2 months' market, it looks like bitcoin will only be at a maximum of 15k usd next year.
hopefully my prediction is wrong and bitcoin will really reach 20k usd

what about your prediction last year ? id also like to hear them  . i think you also predicted a high price for btc but unfortunately your prediction failed.

now your current prediction is kinda bit high and judging by the price of btc have these days , i wouldnt even believe that it can climb  to 11k usd next year. im already contented and okay if ever btc price reach at 10k usd .

[Xxmodded]

it is a 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?

Yes, My idea is you have to be more patiently,
It makes you tired because of your mind on 2 BTC every day, so don't think it, get a job to find money and learning something new.

Patience and fortitude conquer all things
– Ralph Waldo Emerson -

https://zenhabits.net/15-tips-for-becoming-as-patient-as-job/

Looking other job and get passive income from your job and forget your bitcoin lost 2 btc buy with higher price, be patient and closed your account, maybe you need for two years later if bitcoin raised above $20k. so sad you have lost much money with bitcoin investment and you need to recovery your money with focus your real job and open after two years maybe bitcoin will up.

[cryptoknightt]

everyone wants the price of bitcoin to return to the price of $20k again but you should know that if you only desire without the support of investors or buyers then it will be very difficult so it is better you can also participate in supporting by buying bitcoin so that the price of bitcoin can reach the price $20k easily if everything is done together.

[CasinoAdrenaline.com]

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!

[Indrawan77]

I dont think it can go up to 20k soon, btc price is struggling to go up, several times it try to hit higher then the correction was happened, there is chance to make money in this sideway situation, you can buy at low and sell at high, this sideway already happened for quite some time and I don't think there will be a change soon