Post
Topic
Board Trading Discussion
Re: What happend with BTC? BTC is going down under 7000 USD.
by
carlisle1
on 10/11/2017, 03:53:55 UTC
I have more than 40 BTC now, And I am losing my money now.
I bought BTC at 7500 USD.....

Hold or not..

Nothing happen imo, just normal fluctuation in bitcoin world.
Bitcoin ATH is $7831, after reach the peak, bitcoin got corrected because people cash out their investment just in case bitcoin price will drop significantly, or just want to make profits. But, look at current price, recover to $7200.
You've bought BTC40 at $7500, that's a huge investment. Are you planning to trade bitcoin in the near future? Or want to hold it for long term?
No need to worry about it due to bitcoin will always recover, but it may take a day, a week or a month. Just hold it as bitcoin may reach $15,000 in 2018.
right mate buying 40btc at $7500 is a huge amount,i think the op want to hold for long term thats why he gambled buyinh for that high bitcoin price.but worry nothing its a normal flow of bitcoin trading sometimes fell down but recovery faster with a large amount.