Will Bitcoin Cash (BCH) rise again?

[theqavish]

I just bought BCH at $4000 and suddenly it dumped to $2900.
Will it rise again or keep dumping?

Please help any crypto expert. What should I do now?

Seems like, buying at high and selling at low works for you IMO.

 

[whiteblackseo]

I was trading BCH on that same day you're talking about, incurred a heavy loss but caught the 0.175 tp when the dump occurred and lowered my losses on that rebound. If you can trade rebounds, then you should be good.

 

[zionbar]

LOL of course it will rise again omg you guys are killing me with these questions. People are going to lose a lot of money here.
You better get some basic trading education folks, this isn't funny anymore.

 

[guyzon]

Why would you do such a thing?

I thought that it will rise up more.

It's my understanding Bitcoin Cash will drop back to 1,600 level or even below that. So when that happens, just buy some at the bottom. A point will come where you will have recouped your earlier investment and also made some money from it even though it doesn't reach 4k again. Buy again at the lower level will give you a little mind satisfaction/easing.

So I bought when it was at 0.25 BTC and now its value is 0.179 BTC. I bought total 0.025 BTC worth of Bitcoin Cash and now I have 0.01952 BTC left in my wallet. Do you think it is good to buy more? Will it definitely rise again?

I was trading BCH on that same day you're talking about, incurred a heavy loss but caught the 0.175 tp when the dump occurred and lowered my losses on that rebound. If you can trade rebounds, then you should be good.

I saw there was a rebound yesterday, but I don't want to sell it with a big loss. If I could get back invested BTC amount. That would be fine. I don't need a profit. That means I have to wait for it rises up to 0.25 BTC again.

 

[guyzon]

LOL of course it will rise again omg you guys are killing me with these questions. People are going to lose a lot of money here.
You better get some basic trading education folks, this isn't funny anymore.

Thanks for the reply. I will HODL it then

 

[zionbar]

Thanks for the reply. I will HODL it then

Go on youtube and learn some basic trading mate or you will lose a shit-ton of money.
You shouldn't "HODL" just to HODL, you need to know what you're trying to do in a trade, whens your exit? what are you trying to do? 10X? 5X? are you selling 50% of your position when you double your money and holding the rest? this isn't a game man you can seriously lose your shirt in this shit

I'll probably start a thread on the basics of trading soon im seriously worried from what im seeing here...this shit isnt a game I saw ppl lose their houses trading stocks.

 

[Ybba Semad]

I thought that it will rise up more.



So I bought when it was at 0.25 BTC and now its value is 0.179 BTC. I bought total 0.025 BTC worth of Bitcoin Cash and now I have 0.01952 BTC left in my wallet. Do you think it is good to buy more? Will it definitely rise again?



I saw there was a rebound yesterday, but I don't want to sell it with a big loss. If I could get back invested BTC amount. That would be fine. I don't need a profit. That means I have to wait for it rises up to 0.25 BTC again.

There's no crystal ball. Research the coin and make an educated decision. BHW he say/she say won't help.