Post
Topic
Board Bitcoin Discussion
Re: Am I screwed?
by
Vishnu.Reang
on 04/07/2019, 02:13:02 UTC
I sold at $7550, am I screwed or will it at least go back down to $7500?

You had a chance to cover some of the losses when Bitcoin went below $10,000 per coin for a brief period of time. And that happened when some of the users decided to go for profit booking. Now the chances of such an event repeating looks very slim. Right now, the prices are inching closer to 12K, and this rally should take the exchange rates to the vicinity of 20K-25K by the end of this year. If you want, you can buy back your coins at 12K. To be honest, now it looks very unlikely that you'll get a chance to make purchase at 7.5K.