Quote from: bitzizzix on November 19, 2019, 06:29:35 PM

Quote from: xabre on November 19, 2019, 05:17:08 PM

Quote from: makolz26 on November 19, 2019, 03:12:38 PM

Quote from: meliodas on November 19, 2019, 12:42:41 PM

Quote from: Questat on November 19, 2019, 06:12:44 AM

Quote from: Landak on November 17, 2019, 01:36:38 PM

ouch a sad story, buy 2 btc at 18k, now at 8.5k you've lose half of your total capital.

That's just a small loss compared to what people loss investing in altcoins, but actually it will not be considered as a long if he will hold until the next bull run will arrive. In terms of chances, BTC has a better chance to recover and that $18,000 is not impossible to achieve with the way the market is moving now, I can sense there will be a big bull run coming soon.

With the current price of bitcoin right now, it is easy for bitcoin to climb up and surpass the recent all time high. With the halving event next year, it is a huge green indicator for investors to buy because the difficulty to get bitcoin for miners will be higher so it will be more in favor for investors since based on law of demand and supply, the price will go up.

There's no negative sign that the price of Bitcoin will be lower to $7k, it's still positive that Bitcoin will go up this upcoming month. We are not just that sure if we will go for $20k price of even higher than $10k, let's see the buying pressure before end of the year as we know that this is a peak season and most of the time , the price is climbing in the season.

Bitcoin have drop under $8K and nothing have way when bitcoin will grow up, almost one weeks bitcoin have bad price without when will grow up to make investor smile get profit with bitcoin investing, they still royal waiting for when bitcoin is up or have higher price again.

Don't be pessimistic about the current decline in bitcoin and I'm sure bitcoin will definitely go up again and what is needed now is strong patience, and it looks like bitcoin will last $ 8,000 and although it will continue to fall we must remain optimistic and let bitcoin move as it is.
the end of the year is not over and there is still one more month to see evidence of a rise in bitcoin according to everyone's predictions.

Why not be be pessimistic with bitcoin day by day always have lower price, without good news to raise up bitcoin price I can't believe bitcoin can back above $20 next year, maybe many investor believe with bitcoin halving next year I can't give hope bitcoin price on higher with situation right now bitcoin price still down and lower, need support from investor and company to adopt bitcoin as legal currency payment.