Hello everybody. I believe that many of us were very impressed with the incredible growth of cryptocurrency, even if we take the price of one dollar a few years ago, and the current price of 9500 dollars, then this is very cool. Not many came here to buy bitcoin for 9,500 and sell it for 11,000. We all want to multiply capital by several thousand times. If you trust the forecasts of Bitcoin prices of $ 100,000 or one million dollars, it makes no difference whether you bought it for $ 20,000 or $ 5,000 ... I don’t understand those who doubt it, you came here to take extra profit, so be true to your dream. Buy whenever you can, buy for 9,000, for 15,000 for 20,000. I believe that when bitcoin will cost one million dollars, you will be very sorry that you did not buy it for 100,000 dollars. Perhaps this is a simple demagogy and this makes no sense, but there is no sense in the fact that you bought bitcoin for 19K, and you regret it. We are making huge strides towards the digital economy - do you really have any doubts about the rampant growth in demand for bitcoin and, ultimately, that the price will be much higher than 20K ?!. Personally, I have long been rid of any doubts - I I give the best advice, buy bitcoin even more.

That's a hard choice for him though but I think your friend has a lot of options to choose that's why he thinks selling it now is not an option at all. Maybe the amount of bitcoin he bought is not that high or he doesn't really care if he loses it or not. so it's better for him to leave it there until the price will spike again just like last time. This is why we always chose to invest something that we will have no problem later on whether we lose that investment or not. Your friend is doing the right thing all you can do is cheer him up.

Why would you think that he should take a loss? As an investment advisor by trade, one thing I stress with everyone is technically you aren't losing anything until you sell.  Yes your account value is down but you still have the same amount of shares (coins)..so you still have the ability to grow your value back.  If you sell then you don't.  The silver lining is if you do sell at a loss, you can use it to offset some of your investment gains.

Bitcoin can exceed its previous all time high even getting at $50M dollars worst case originally from $200M theory if the stock to flow model where to correctly predict Bitcoins price pattern.
So i suggest to have patience and mental strength to hold because you will surely be rewarded and profitable in the long term.

What option do they have? To lose or to sustain? If I were to choose, as long as I have enough funds for what I need to survive, I will not withdraw my investment as long as the market price is equal to the day when I bought it. Or else, wait further to see if the market will continue to increase hoping that I will get a profit out of it.

This is a long term decision, if we invest that much for bitcoin with 18k dollars, we should extend our patience us well. Selling it will just give us half the price of what we've invested so think twice.

He either continues to wait or he takes the loss like that. How do you buy Bitcoin at $19,000 and the price keeps decreasing and you do nothing about it till now? So, there is nothing to do apart from the two options I have given, but if I were him I would just leave the coins in my wallet for a long time.

There are already experts predicting that the price of bitcoin might reach $70,000 this time around when the bull run starts. So, he should leave the money there and have patience till the next bull run. At least he will learn to only invest what he can risk in Bitcoin. It's just like my friend that kept bugging me and asking if he should invest in Bitcoin, I told him straight that there is no guarantee he will make money, that he can even lose it, so any he's investing there should be the ones he's ready to lose.

I am also an investor who bought bitcoin at the ATH price, and what I have done is still holding bitcoin until now. As long as we haven't sold
the bitcoin that we bought at the ATH price, we haven't lost anything. Therefore my advice to investors who buy bitcoin at ATH prices, don't
do anything. Wait until bitcoin reaches the price of $ 19k again, if we really do get to know bitcoin. Definitely sure bitcoin will return to the
ATH price, now this is just the patience we need.

Yes, he can wait until the value reaches in break even or above but already a long time have passed from 2018 and the investment is laying idle. Still it is uncertain when this spring will come. So, your friend can take another strategy to recover his capital. First he has to engage in trade. He should buy different tokens and coins with the existing bitcoin and make trade in different platforms. From trading he can make profit and recover loss. But before trading, he should make himself skilled on trading otherwise all the investment may loss.

This is not the time to sell if he has been patient since 2017 December and 2018 January. Traders are expecting that price will pump again after the halving has come. So wait and don't keep looking at price every time. You can also buy some coin now if you have the money so you make profit when it gets to $15k and you log out the both.

And people looked upon those who bought at $32 in 2011 or $1200 in 2013 with great pity for long periods of time. Until those who arrived later started to dream of buying at those prices.

It's all about your appetite for time. If you're a believer and you're in no hurry you have a chance of looking like a champ a while down the line. There's still a lot of growth left, a lot of people yet to comprehend it.

Even when it has reached saturation and literally not one extra person will ever get on board the deflation will be starting to get into swing.