Will I make it?
How much do you hold currently?
~40 BTC
Five years to break even - reach $690? Are you kidding me? At current Bitcoin growth, I believe that Bitcoin will reach $700 in two years time. And probably over a thousand in five years.
That's what I'm hoping
I do, but I also put in ~$25K into bitcoin in the last year, which is a lot already, should I really risk more.... bitcoin price recovering is still uncertain
Don't be stupid. If you are asking strangers on a website how to invest your money, then you should not be investing at all. Sell your bitcoins and put the money in a savings account so you don't lose it.
It wasn't a question... I'm telling him who much I'm already risking and why I probably shouldn't risk more.
Sell my bitcoins now? LOL.... yeah, that sounds stupid
Losing $15,000 because of BTC simply implies how risky that is...
It's terrible, and I'm sorry for this loss you're having, but if I were you I would take the loss and avoid further losses, I don't think the price of
BTC will go up, it has more chances to keep on dropping especially in light of raise of interest rates (you don't get interest % on your
BTC).