Quote from: target on January 17, 2019, 02:49:53 PM

Quote from: GreatOrchid on January 17, 2019, 01:25:24 PM

Quote from: Ziaderi33 on November 21, 2018, 01:04:19 PM

I am very disappointed to see the price of bitcoin destroyed in recent days, I have lost a lot when I bought bitcoin at a high price, until when this bitcoin price dropped.

At what price did you bought your coins? There are immense reasons behind the price drop of bitcoins but none of them is reliable. Bear markets will end soon bringing bull run. HODL and you will see some good profit for the number of coins you will own. Instead of selling at a comparatively lower price, why don't you just afford holding them? If it becomes partly riskier for you, than try to set a stop loss which can be affordable and buyback some coins once the price drops below your stop loss.
Also i guess, bitcoins might soon see a amazing price as the markets are slowly turning green which is a good sign of growth.

Don't get your hopes too high. The price may stick to $3-$4k for quite a long time maybe more than a year. Remember that it took a year long of bear so its going to be a bad years ahead if you expect $20k. Its going to be difficult to convince an investor to put money on bitcoin if they see the charts.

Not if they see the long term charts.
That's like saying it would be difficult to convince an investor to buy into the stock market in 2009.
Smart money knows to get in now.

Realistic people know it'll be 3-4k for at least a few more months, and don't expect ATHs for a while (i'd say 1.5 - 2 years), and expect the next bitcoin boom in probably the next 3 years (it took less than a year of hitting the ATH in early 2017 before it went >17x from that old ATH).