Post
Topic
Board Bitcoin Discussion
Re: Am I screwed?
by
Lucius
on 26/06/2019, 13:04:44 UTC
It is a wrong decision you have made. Why do you sell it for $ 7500? You don't trust Bitcoin, and you sold it as soon as it reached $ 7500? I may have to tell you that Bitcoin will never return to $ 7500 again. Bitcoin is still rising and continues to rise, wait for some price adjustments, and you can rebuy Bitcoin at a lower price.

It is possible that OP bought BTC few months ago when price was only $3000 - $4000, and around 100% profit at that time was a very tempting offer. Given all the speculations that have emerged in the past few months, almost no one expected that we can see such strong bull run at this time of the year, one year before next halving. He is not only one who sell, many weak hands emptied their bags in anticipation of correction.

I would not bet that BTC will never return to $7500, it only depends how high this time will go, and correction can be 80% or even more. From $20 000 to $3000, and from $50 000 it can easy go down to $7k.