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Author Topic: BTC- When it back to 20k  (Read 3574 times)
bitzizzix
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November 19, 2019, 06:29:35 PM
 #261

ouch a sad story, buy 2 btc at 18k, now at 8.5k you've lose half of your total capital.
That's just a small loss compared to what people loss investing in altcoins, but actually it will not be considered as a long if he will hold until the next bull run will arrive. In terms of chances, BTC has a better chance to recover and that $18,000 is not impossible to achieve with the way the market is moving now, I can sense there will be a big bull run coming soon.
With the current price of bitcoin right now, it is easy for bitcoin to climb up and surpass the recent all time high. With the halving event next year, it is a huge green indicator for investors to buy because the difficulty to get bitcoin for miners will be higher so it will be more in favor for investors since based on law of demand and supply, the price will go up.
There's no negative sign that the price of Bitcoin will be lower to $7k, it's still positive that Bitcoin will go up this upcoming month. We are not just that sure if we will go for $20k price of even higher than $10k, let's see the buying pressure before end of the year as we know that this is a peak season and most of the time , the price is climbing in the season.
Bitcoin have drop under $8K and nothing have way when bitcoin will grow up, almost one weeks bitcoin have bad price without when will grow up to make investor smile get profit with bitcoin investing, they still royal waiting for when bitcoin is up or have higher price again.
Don't be pessimistic about the current decline in bitcoin and I'm sure bitcoin will definitely go up again and what is needed now is strong patience, and it looks like bitcoin will last $ 8,000 and although it will continue to fall we must remain optimistic and let bitcoin move as it is.
the end of the year is not over and there is still one more month to see evidence of a rise in bitcoin according to everyone's predictions.

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Oneandpure
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November 20, 2019, 04:19:09 AM
 #262

ouch a sad story, buy 2 btc at 18k, now at 8.5k you've lose half of your total capital.
That's just a small loss compared to what people loss investing in altcoins, but actually it will not be considered as a long if he will hold until the next bull run will arrive. In terms of chances, BTC has a better chance to recover and that $18,000 is not impossible to achieve with the way the market is moving now, I can sense there will be a big bull run coming soon.
With the current price of bitcoin right now, it is easy for bitcoin to climb up and surpass the recent all time high. With the halving event next year, it is a huge green indicator for investors to buy because the difficulty to get bitcoin for miners will be higher so it will be more in favor for investors since based on law of demand and supply, the price will go up.
There's no negative sign that the price of Bitcoin will be lower to $7k, it's still positive that Bitcoin will go up this upcoming month. We are not just that sure if we will go for $20k price of even higher than $10k, let's see the buying pressure before end of the year as we know that this is a peak season and most of the time , the price is climbing in the season.
Bitcoin have drop under $8K and nothing have way when bitcoin will grow up, almost one weeks bitcoin have bad price without when will grow up to make investor smile get profit with bitcoin investing, they still royal waiting for when bitcoin is up or have higher price again.
Don't be pessimistic about the current decline in bitcoin and I'm sure bitcoin will definitely go up again and what is needed now is strong patience, and it looks like bitcoin will last $ 8,000 and although it will continue to fall we must remain optimistic and let bitcoin move as it is.
the end of the year is not over and there is still one more month to see evidence of a rise in bitcoin according to everyone's predictions.
Why not be be pessimistic with bitcoin day by day always have lower price, without good news to raise up bitcoin price I can't believe bitcoin can back above $20 next year, maybe many investor believe with bitcoin halving next year I can't give hope bitcoin price on higher with situation right now bitcoin price still down and lower, need support from investor and company to adopt bitcoin as legal currency payment.

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Questat
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November 20, 2019, 05:37:37 AM
 #263

ouch a sad story, buy 2 btc at 18k, now at 8.5k you've lose half of your total capital.
That's just a small loss compared to what people loss investing in altcoins, but actually it will not be considered as a long if he will hold until the next bull run will arrive. In terms of chances, BTC has a better chance to recover and that $18,000 is not impossible to achieve with the way the market is moving now, I can sense there will be a big bull run coming soon.
With the current price of bitcoin right now, it is easy for bitcoin to climb up and surpass the recent all time high. With the halving event next year, it is a huge green indicator for investors to buy because the difficulty to get bitcoin for miners will be higher so it will be more in favor for investors since based on law of demand and supply, the price will go up.
It's an indicator but to reach a new ATH, man, we can't be sure of that.
Actually a recovery is already good and at the current price now, I can say that BTC has already recovered, but let's hope it we will not longer see a dump this year as it's bad if we end this year with a dump.

We are all talking about the ATH, just wait and relax because it will surely come, it could be next year or the next next year, because bitcoin is here to stay to amaze us investors again.

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November 20, 2019, 10:16:04 AM
 #264

ouch a sad story, buy 2 btc at 18k, now at 8.5k you've lose half of your total capital.
Hard decision is indeed between cutloss or remain patient waiting for the right moment to sell it. You only have one hope, which is to wait for the miracle of halving BTC next year, whether it will be the same as the expectation or far from the expectation. just hope it will be better.
If you invested during the market rally then that is the biggest mistake and if you see that the market goes down you have the option to sell off and wait for the market to be normal and then plan an entry strategy rather than holding everything, when you are investing the entry point in always crucial and many made a mistake when they started investing during the rally and majority are newbie investors who had no idea about the market.
Most of those newbies thinks that the bull will continue to be strong and forget about the cycle, Bitcoin peak is crucial since you'll be able to trapped yourself. The only matter right now is how determine you are to learn more about earnings from this market and how will you able to survive with this volatile industry. Keeping yourself being updated and always find time to continue learning.
supercanada1
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November 20, 2019, 02:55:29 PM
 #265

ouch a sad story, buy 2 btc at 18k, now at 8.5k you've lose half of your total capital.
That's just a small loss compared to what people loss investing in altcoins, but actually it will not be considered as a long if he will hold until the next bull run will arrive. In terms of chances, BTC has a better chance to recover and that $18,000 is not impossible to achieve with the way the market is moving now, I can sense there will be a big bull run coming soon.
With the current price of bitcoin right now, it is easy for bitcoin to climb up and surpass the recent all time high. With the halving event next year, it is a huge green indicator for investors to buy because the difficulty to get bitcoin for miners will be higher so it will be more in favor for investors since based on law of demand and supply, the price will go up.
There's no negative sign that the price of Bitcoin will be lower to $7k, it's still positive that Bitcoin will go up this upcoming month. We are not just that sure if we will go for $20k price of even higher than $10k, let's see the buying pressure before end of the year as we know that this is a peak season and most of the time , the price is climbing in the season.

IMO the bear might come a bit late this year, hope to see some growths before 2019 passes by, but I don't think that the price will hoist higher than $12k - $14k this year. $20k is a different thing actually, like it was said before, upcoming halving will be the major key in the price increases in 2020, impact of such event is really powerful and there is nothing weird in it. People are going crazy around the prices of BTC this year, but the fact is, that even if the current price won't grow much till the end of december, it's still better than it was last year and also - mind the massive hacks we've witnessed this year.
Christmas can be expected to bring some good profits certainly. Usually, it is the last month of the year where bitcoin produces some good amount of money. Even 12k to 14k is not a bad price. However I expect it to be at least 15k dollars. Bitcoin can really make that. Moreover, the halving is about to come. So with a little more patience, bitcoin holders can experience the best ride of their lives.
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November 22, 2019, 12:00:23 AM
 #266

I think the only option is to forget about it for now and just wait for sometime. I'm sure bitcoin will recover in the near future. Or you can use some of it in trading other coins/project that you believe in. Cheers.
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November 22, 2019, 01:02:55 AM
 #267

ouch a sad story, buy 2 btc at 18k, now at 8.5k you've lose half of your total capital.
That's just a small loss compared to what people loss investing in altcoins, but actually it will not be considered as a long if he will hold until the next bull run will arrive. In terms of chances, BTC has a better chance to recover and that $18,000 is not impossible to achieve with the way the market is moving now, I can sense there will be a big bull run coming soon.
With the current price of bitcoin right now, it is easy for bitcoin to climb up and surpass the recent all time high. With the halving event next year, it is a huge green indicator for investors to buy because the difficulty to get bitcoin for miners will be higher so it will be more in favor for investors since based on law of demand and supply, the price will go up.
Keep dreaming with bitcoin can climb up to higher price with bitcoin today under $8K, many investor panic for selling their bitcoin asset and give effect for bitcoin have lower price, I don't think give best ideas to get much profit with bitcoin still down. Maybe when bitcoin down give dominance for altcoin become higher price but real on market many altcoin allowed with bitcoin price become down.

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November 22, 2019, 07:01:11 AM
 #268

I think the only option is to forget about it for now and just wait for sometime. I'm sure bitcoin will recover in the near future. Or you can use some of it in trading other coins/project that you believe in. Cheers.
it will happen soon when we have good news for cryptocurrency ,but if we have no it i am sure we will in bearish condition for longer time. There is no sign that bitcoin or cryptocurrency will recovery in near time and even now we see bitcoin price still goes down again..maybe the best thing we could do now, work in other place till market sentiment better and crypto price increase again .
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November 22, 2019, 09:34:30 AM
 #269

I think the only option is to forget about it for now and just wait for sometime. I'm sure bitcoin will recover in the near future. Or you can use some of it in trading other coins/project that you believe in. Cheers.
it will happen soon when we have good news for cryptocurrency ,but if we have no it i am sure we will in bearish condition for longer time. There is no sign that bitcoin or cryptocurrency will recovery in near time and even now we see bitcoin price still goes down again..maybe the best thing we could do now, work in other place till market sentiment better and crypto price increase again .

What that means it will happen soon? Soon like next month, or in next couple months, or next year? People are just talking about indefinite dates, but nobody really knows when that price growth will come. Now some of us relay on price movement in the past, some people use different types of analyses, and each of us is free to believe in anything.
Crypto market is growing for years, sometimes that grow is fast, sometimes its slow, but I think that growth is visible to experienced eye. In one moment that growth will affect the prices. In my personal opinion that will not happen before 2021, maybe that year or after that, but until then we will be lucky to hold this price and eventually touch 5 digit price again.

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December 25, 2019, 03:42:46 PM
 #270

Yes, it’s just that you entered Bitcoin at the wrong time and you had to follow the cryptocurrency market. Bitcoin has the tendency to rise and fall in price, this is his favorite difference. You need to wait for Halving and store as many bitcoins as possible.
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December 26, 2019, 12:19:53 PM
 #271

I think the only option is to forget about it for now and just wait for sometime. I'm sure bitcoin will recover in the near future. Or you can use some of it in trading other coins/project that you believe in. Cheers.
if you buy it too high and you lose 50% more I think you don't sell it, switch strategies with a focus on assets that is doubling your bitcoin that way it will be effective I think
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December 26, 2019, 01:00:41 PM
 #272

Yes, it’s just that you entered Bitcoin at the wrong time and you had to follow the cryptocurrency market. Bitcoin has the tendency to rise and fall in price, this is his favorite difference. You need to wait for Halving and store as many bitcoins as possible.

The upcoming halving won't guarantee at all that the Bitcoin will increase the price or will have a new set of all time high, it's really depends on the market how people will still trust crypto and how new investors/users will love Bitcoin and we all have the part for the success of crypto if we will just be positive in it and will do our part too.
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December 27, 2019, 06:06:58 PM
 #273

I think the only option is to forget about it for now and just wait for sometime. I'm sure bitcoin will recover in the near future. Or you can use some of it in trading other coins/project that you believe in. Cheers.
if you buy it too high and you lose 50% more I think you don't sell it, switch strategies with a focus on assets that is doubling your bitcoin that way it will be effective I think
It is not good if you lose your 50 percent so better keep holding than making yourself lose your money. I think we should prefer investing at dip than being worry and sell. The more you hold the more our investment will be good. We should wait I am sure all investors will get chance to recover the entire market price fall, to see $20k we have to keep patience

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December 28, 2019, 03:39:46 AM
 #274

I think the only option is to forget about it for now and just wait for sometime. I'm sure bitcoin will recover in the near future. Or you can use some of it in trading other coins/project that you believe in. Cheers.
if you buy it too high and you lose 50% more I think you don't sell it, switch strategies with a focus on assets that is doubling your bitcoin that way it will be effective I think
It is not good if you lose your 50 percent so better keep holding than making yourself lose your money. I think we should prefer investing at dip than being worry and sell. The more you hold the more our investment will be good. We should wait I am sure all investors will get chance to recover the entire market price fall, to see $20k we have to keep patience

In investing in cryptocurrency make sure we are aware of the price rate of the coin, in cryptocurrency, we must know what the best coin that suits to our desired investment like for short term investment for altcoin is good for this. Still, if we want to invest in bitcoin it takes a long time before we got our earning, it is good if you are already spending a lot of money then the price of the bitcoin is low because it gives you a lot of profit when the price grows up. Investing in cryptocurrency, you must be aware of a price in the market because you must be updated when it is the right time to pull it out all of your money and try for another investment. One of the significant problems of the people who see the price goes down is pulling out their money. This kind of panic can make a loss of income because the price is getting low, your investment may be affected, and then with the transaction fee and another deduction. Don't mind about the price if it falls better to hold your coin and wait for an excellent price to pull out with a profit.

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December 28, 2019, 04:54:01 AM
 #275

I think the only option is to forget about it for now and just wait for sometime. I'm sure bitcoin will recover in the near future. Or you can use some of it in trading other coins/project that you believe in. Cheers.
if you buy it too high and you lose 50% more I think you don't sell it, switch strategies with a focus on assets that is doubling your bitcoin that way it will be effective I think

The main thing is that people get panic quickly on the fall and sell it and in the end may lose quit a few as in coming time btc will always rise back . So people should ideally be buying on the fall and sell on the rise and most of them does the opposite of it.


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December 28, 2019, 06:30:01 AM
 #276

Yes, it’s just that you entered Bitcoin at the wrong time and you had to follow the cryptocurrency market. Bitcoin has the tendency to rise and fall in price, this is his favorite difference. You need to wait for Halving and store as many bitcoins as possible.

The upcoming halving won't guarantee at all that the Bitcoin will increase the price or will have a new set of all time high, it's really depends on the market how people will still trust crypto and how new investors/users will love Bitcoin and we all have the part for the success of crypto if we will just be positive in it and will do our part too.
All bitcoin holders are impatiently waiting for halving and they do wish it to occur as soon as possible. I am of view that halving will make people invest speedily into bitcoin which is simply going to result in the increase of its price ultimately pushing market to pump phase. If we all want that to happen, as you said we are supposed to keep playing our parts by supporting bitcoin either by holding onto it or buying.
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December 28, 2019, 07:50:47 AM
 #277

Growth back to the highest price point in the history of Bitcoin can happen before halving. In principle, this event can increase the value of Bitcoin by 3 times. Then we will again see the price of 20 thousand dollars. Lively conversations about cryptocurrencies. New injections of money into the cryptocurrency ecosystem.

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December 28, 2019, 10:49:18 AM
 #278

Growth back to the highest price point in the history of Bitcoin can happen before halving. In principle, this event can increase the value of Bitcoin by 3 times. Then we will again see the price of 20 thousand dollars. Lively conversations about cryptocurrencies. New injections of money into the cryptocurrency ecosystem.
We can't be sure if bitcoin will have a price like that again just because of the halving. Litecoin is the most popular cryptocurrency that everyone is looking into for the after effect of halving and we can see that it dumps a lot since then. If the profitability of mining in bitcoin will still be good then I think that there is nothing to worry about the price since the market of bitcoin will be sustained.
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December 28, 2019, 12:31:24 PM
 #279

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
It is really too long if you invested and bought when bitcoin bullrun gone. It is more than 50% loss for every bitcoin you bought. But if you bought during the lows, probably you can easily get your profits because bitcoin goes up slowly time by time.
We can't really predict bitcoin price because it is volatile. And even if we predict the price, we cannot rely it because there always be a news that triggers the price.



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Rainbot
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December 28, 2019, 01:17:19 PM
 #280

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


Sorry, but I don’t know when Bitcoin will again be 20K. I can only say that this will happen in the near future. That's all I can say now.
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