Post
Topic
Board Speculation
Re: Problem i bought 2 weeks ago $2000 bitcoin and now it goes down
by
Slow death
on 16/07/2019, 20:01:39 UTC
It will go down more so if you plan to hold it, hold it tight.  I thought it won't do that low but if you take a look at the monthly chart, its almost assured its going to dip down to almost $3k again.

 Huh

I confess that I am lost, let's suppose that OP bought when the price was $12000 and now the price is in the $9000, OP has lost $400, and probably should have currently  $1600, and if the price falls to  $3000 as yours prediction, would not it be much more profitable for OP to sell now? OP sells now and gets his $1600 and if the price drops to $3000 he buys and gets 0.5 BTC.

That's why a person should never be too attached to Hold, the person must know how to evaluate risks and act on the situation. Hold should be used wisely



Problem i bought 2 weeks ago $2000 bitcoin and now it goes down
and I lose money when it gets back and i recover?

Did you buy at what price?