Post
Topic
Board Speculation
Re: I bought at 19k, now what?
by
BagzMM
on 23/03/2018, 10:59:23 UTC
I bought 3 btc on credit for 19k about. What should I do? I am way underwater.
Absolutely you are losing mate,  it's price today continuously at half since you buy it.  There is only 2 options for you,  sell it and buy other coins or keep on holding until price will be back again..

Why buy other coins and risk even more?
I think the only resort you can do it to wait until the bounce back of bitcoin price for your 3 BTC. While waiting and it seems we are at the bearish market, you can buy another batch of bitcoin at the lower price. Take a chance to buy at $6k that was the lowest I think during the dip and buy at least 2BTC if you have money and then play around with that 2BTC sell that when the price reach at $10K to $12K and don't buy until the next dip. In that way, you can cut your losses from your previous purchase. Hope it helps.