Bitcoin Forum

From what i have notice people are planning to crash cryptocurrency and if Bitcoin crash what is the benefit of people who is against the development of digital currency, it astonished me that a man called Elon musk is fighting cryptocurrency for no relevant reasons, is that government is using Elon to remove crypto in line of currencies?

I'm afraid of the way all the crypto is reducing in price, now that i join digital cryptocurrency fully with my family and sale some of my properties to invest into crypto, it's when Elon musk will bring scandal into cryptocurrency.

i am massively buying so there is nothing wrong with it falling as it will rise again

Bitcoin is not a get rich quick scheme. You're treating it as a speculative asset and with that, most of them tends to experience loads of volatility, Bitcoin included. Elon Musk isn't the only reason why Bitcoin is crashing, China is as well.

Not saying that it's great that Bitcoin crashes but at least you're just eliminating those who don't see Bitcoin's utility in the long term. It is stupid to invest in something this risky if you can't afford to lose it.

Op, no matter how promising crypto looks for you, don't invest what you can't afford to lose. So obviously it's a bad idea to sell your property (at least, not the house you live in) and to go all-in with cryptos. Musk says he's still bullish on cryptos but just really doesn't like the environmental impact part. It's only vaguely justified, sure, but he has the right to this opinion. It did drive the price down, and then China imposing some restrictions on BTC usage shortly afterward didn't play well for the price situation. It does look to me like the bull market is over, so some further decreases of the price can happen. However, Bitcoin will bounce back eventually, I'm sure of that.

First of all, i think nobody need to sell their valuable wealth to make investment into cryptocurrency as this market is too much volatile. If anybody see today's market and compare my comments will proven there. So I will suggest here come and start your journey here with small amount and gradually be a gainer. We no need to worry about this market rather we should wait for low rate investment those whom already invested, there opportunity to reinvestment and make average in low.

I cannot refute what I see from looking at the market. Everything has been red today with the most phenomenal drop ever seen. BTC can drop even further but there is also a time when it will rise again. So it is a matter of getting in and out at the right time. I for now wouldn't advise anyone to put their life savings in it though. The strings are pulled by bigger players not individuals like us. You can get rich but also burnt at a much higher rate.

this is the best times to buy bulk bitcoin. i disagree with whoever says bitcoin is not get rich at once business. You just have to be sensible, you do not keep bitcoin for long. By when it is cheaper, sell when it is a bit higher than your purchase price. when you buy at 20,000 and you are storing to sell it when it is 100,000. You will only lose because you are not sure if it will get there or not but when it start falling, you will think it will rise again hence you keep waiting and then it falls below you purchased price. you start losing when at this point when it fails to rise again

Two things are certain in cryptocurrency, prices either go or come down. When it is favourable, holders are usually excited at their profits, but panic usually sets in when there is a Bear Market. An important things to do to save your assets in a time like this is to convert all your Holdings to a stable coin and continue to observe the market.

If you have followed Bitcoin from the start it has always had huge up and down swings no matter what anybody says, including Elon   Its nothing new with crypto It will go down and people will buy and then will go up again ..it allways has ..

when price drops 30%-40% that IS a crash and bitcoin can crash and has had many crashes. the important thing is that bitcoin price is on an upward trajectory where it always goes up since the adoption is growing. that means there will always be a reversal after the crash.

as for the crypto market, unfortunately people sometimes think it is the same as bitcoin but it is very different. majority of altcoins are there to be pumped and dumped which means when they crash they are actually being dumpe so that the pumpers can move on from that coin.
for example when the pumpers including Elon Musk are done pumping DOGE they will start dumping it (which has already started) and move to another shitcoin to repeat the same thing.

There's where you committed the biggest mistake. Never invest more than you can afford to lose.

I am pretty sure that the old timers will be sitting on a couch with some popcorn seeing bitcoin decline.
Even I wasn't able to control my laughter when I saw those big red candles and so many people panicking.
I tried to make my friends calm and made them buy the dip. Let's see how that turns into their favor.

I don't fully understand what does that title have to do with the thread's content but I'd like to comment it. All things can crash. We've seen this in history and IMO, it could happen much more easily on an intangible item like Bitcoin, even if we're goin' through a digital era. It's just hard to happen if you compare it with altcoins.

Bitcoin has the privilege to be first mover, which is what makes it store of value.

Maybe. Maybe not. How can an ordinary member of bitcointalk know for sure?

Elon himself is a shill for crypto, so I don't think he's someone being used to destroy the whole industry. He definitely did some calls which prompted the market to react rashly, resulting to what you're seeing right now in bitcoin's prices. If you're afraid that a single person can easily cause ripples and destruction in this market, you're better off investing an amount negligible to you and your wallet. After all, the crypto market is still a highly volatile aspect of investing that most people are eager to enter without having too much thought about it.

I don't think the government is with Elon Musk in taking down cryptocurrencies. They knew it that they cannot put it into rest but they can shake the market. The benefit that whoever they are doing to make the market cheaper is that they're planning to accumulate more, that's it.

Too bad for you, it's why we're always telling to only invest what you can afford to lose.

I think "collapse" is not the right word to describe the fall that took place in the last days. Not only the notorious Elon Musk is to blame for this, so you shouldn't make a villain out of him. Its role should not be overestimated as well as underestimated. This person is a capitalist and behaves accordingly. There is nothing surprising in his behavior as well as the reaction to his words from the community. At first, everyone praised him when the course was growing, now they scold him. Just understand that this is the essence of the manipulator. And I consider selling property in an attempt to make money on cryptocurrency a wrong step. Invest "free" funds. Don't create additional risks for yourself.

The issue isnt on Elon alone because even if there's no such involvement came into that man, there are still tendencies or chances where these price dips  and corrections could inevitable happen.So get used to it!

Crash is inevitable the sad thing here is that you do go all in and bet and sold of your properties which is a bad thing if you do expect too much on crypto investment.It isnt bad to

risk out but dont go all in because if the market turns out to be bitter then you would definitely be experiencing loss and might really ending up on messy life.
This is part of the risk and you should be aware on that.

I think we shouldn't be too persistent. Bitcoin's trend seems to be downward. One should not take action against the trend. Need to be careful. Big wins.

Well we know his intentions from behind, he wanted to manipulate the price of btc but I don't think he will succeed. And we don't know if Elon is part of the government or not.


Cryptocurrency is very volatile, and you should understand the risk involved once you join in the picture. I do hope that you have some mitigation or at least a plan B if your investments goes down.

Anything with value will have the tendency to crash. More so bitcoin with really high volatility rates based on the people's opinions about it. So you can't just say bitcoin will not crash amidst the current dump season we're having. Let's be realistic and optimistic here because as disheartening this crash might be for the many, it's for certain that this won't be the last time bitcoin will have a crash in value. Let's keep our chin up and hodl if we can!

uptrend and dips are inherent in this market. Always being in an uptrend is a harbinger of something unhealthy happening. Due to the nature of the market, after rising, it will want to make corrections by experiencing decreases. It would be wrong to see only Elon Musk or China as responsible for these declines. They can be said to have an effect, but they are not all guilty.

People don't understand how manipulated if the market right now, everyone with your mentality will lose all the money invested.

From the little experience am having in Cryptocurrency I believe bitcoin can never crash the only thing that can happen is the price will dump which is normal nobody have to be scared of that because after the dump definitely it will still rise but it might just take time so you have to be patient. I believe bitcoin will still pump back because there are lot's of people that are just getting to know about bitcoin and there are lots of companies that are beginning to adopt bitcoin as there payment method.

Elon Musk or anyone else does not have such power to terminate cryptocurrencies. such famous people only have the power to manipulate the market. elon succeeded in musk. He manipulated the market and caused a decline in the market with some of his moves. but I think there is no question of this market disappearing or collapsing. The declines affect all cryptocurrencies, but this is something that happens all the time. nothing new. Do not be afraid.

As long as the demand doesn't become zero, I don't think it is possible to see the price being zero also. So yeah, I also think that Bitcoin can't be destroyed easily. We can see huge decreases though like we are seeing now. But we will leave these days behind too.

That's not gonna happen since those big companies have already done a good job by buying huge amount to increase the price up to this high and even though the others have already given up their BTC and sold it, the price will still remain because there are so many big-time holders now than before. It will not sink like how it used to be when the price was under $10,000. now we have reached the most ever high price it could get, it will be hard for BTC to fall again. instead, one should know how to use this golden opportunity since the price could recover and anyone who will gonna buy now will earn a decent amount of income when the price gets back to $60,000 again.

governments have nothing to do with it, dealing with opinion and isolated actions of elon, he is acting according to his objectives. maybe he wants to buy more coins low and sell high to make more profit. fact Is that this cryptocurrency market has this great disadvantage of being manipulated by influential people like elon musk


You should not invest money that you cannot afford to lose, this is the main rule of thumb in this market.


I agree that there are currently many buyers who are buying very high amounts of bitcoin, for example Justin Sun "bought 4,145 BTC at an average price of $ 36,868 for an estimated $ 152 million (https://twitter.com/justinsuntron/status/1395059400155435009)"

https://i.imgur.com/zDhdN6N.png

it shows that many people are buying with each dip

You shouldn't blame Elon Musk because what you have done with your family and your properties is serious. Would you do the same thing to play at casino? If the answer is no, you made a bad decision. There is no investment in cryptos, there is only gambling. You should spend your money in cryptos in the same way you would do it at a crash game. Risks are the same, crypto investing is just a big crash game, you can win several times your initial investment or lose it completely.

Correct, as long as people still demands bitcoin, I am pretty sure that we will be able to have the prices recover. I don't think that destroying bitcoin is even possible because as the quote above says, as long as there is a demand.

Bitcoin has always been famous for its enormous volatility, especially at the most inopportune moment. Bitcoin can do anything - it can collapse and take off instantly, and this is very clearly visible on the price chart. It's just that you need to learn how to use this property. Good luck to all of us.

I am a online model and I get paid in Bitcoin. I am afraid that I am new to understanding all of it. I was told about it last year and thought I would try it. It increase so much in value. But now lost 50% in value and I am worried. I hope it gets back to all time high or more. What to do  :-\



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Bitcoin could crash again, like it did yesterday. Yesterday the market crashed again. But we can see the price of bitcoin and altcoin can go up again. Even if there is negative news that makes bitcoin price unstable. But if we invest in bitcoin in the long term, we will get very high returns. So don't be afraid bitcoin will crash again.

Don't be intimidated or scared with all that is going on in the crypto world now, just keep holding that is what I can say and you wouldn't regret taking this action. Leave whosoever that is planning to crash anything and focus on why you invested in the first place.

And that you were wrong, it is a big mistake to fully relying on crypto, in this highly volatile market where you can never find assurance in the exchange of your properties. I don't know if you have to think that many times or you just brag by the people around you.

I can really imagine your situation now but since that, you have started it already, you'll have not choice but to keep strong and face the consequences. And maybe you have realized it now that there is no easy money in here and definitely there is no quick rich-scheme exists in crypto.

Those people don't want to see crypto grows and replace fiat, so they don't like that. But with the power from the crypto that gives benefits to other people, crypto will grow in the future and solve the financial problem that fiat can not do. The government realized the benefits of crypto, but it seems they need more time to approve crypto.

I think you don't have to sell some of your properties to invest in crypto before you search for the benefits of crypto for yourself because that will be too risky for you. The crypto will fluctuate and more volatile than stock, so that can make you worry if you can calm down. There is no suggestion to invest in crypto with selling our properties without understanding how to make a profit from crypto. You need to remember that the risk will be yours.

The entire cryptocurrency market was rallying for months and there was a correction last time and even though i thought we would have a much bigger correction the market was able to recover. You have risked a lot and you should not invest your entire wealth in any form of investment as the risks are really high and if you cannot profit with the rally we had in the past few months i cannot understand what will  :P.

Bitcoin could crash and it is always happen in crypto.
It is normal for it to drop down it wouldn't always be going up investors are not going to invest on it continues they would surely take their profit anytime they want.
This is why we need to be careful on investment and to only invest what we could afford.
Everyone should already know that this is going to happen just look at the chart or price history you would know that there would always be this kind of event no matter how high it would fly.

Of course that's not the problem friends, Elon Musk is just a businessman who is too reckless to invest in the cryptocurrency world, so he took advantage of his fame through his Twitter account which stimulated investors to invest and when Elon Musk started to stop accepting bitcoin transactions at Tesla company cryptocurrency investors and traders panicked selling which sent the cryptocurrency market back down

I thought it would be hard to do things like the OP said, yes though I also don't know what big guys like Elon Musk think, but from my knowledge, prices are driven by a group of people and they want big profits by taking advantage of opportunities from a growing crypto community. what I said could also be wrong because it is just a personal opinion. but I believe that crypto has a great future, especially bitcoin.

true, this happened so many times, people will sell and take profit from their investments at some point, and if those people had a big amount it could easily affect the price of bitcoin and make it go down, and others who didn't have a chance would find it as an opportunity to buy at a low price, and it would go back up.

Actually, what happened on BTC and other cryptocurrency is nothing new since it massive dips happened before. Moreover, Tesla rejecting BTC as a medium of payment for their product is not the only factor why BTC and most cryptocurrency coins crashed. I think the government doesn't have any connection with Elon Musk since he's a business man and he's doing all of that for the sake of profit.

The market crash has a different meaning in crypto, it's just a game in crypto because bitcoin could dump 50% now and bounce back the next day. We don't hold the future of bitcoin, but we have a lot of supporters/investors who will make bitcoin survive and its chance of failing is low IMO.

Just get used to the bitcoin crash as it has become normal, I've seen many scenarios like that in my many years of stay in crypto, it doesn't make me panic anymore.

People that got involved the the pump and dump doesn't have any full control on cryptocurrency to remove it just like what you were thinking. Cryptocurrency is independent, like it's alive without anyone's control. However, it's price is volatile and could be manipulated somehow, that's why it's price went down to $40,000 because of Elon, but that doesn't mean he could kill it.

They could ban it, spread rumors about it, bad-mouth it, but Bitcoin will still dominate everything on it's path, especially fiat.

But actually it start the fire and those other fuds follow, I don't know if those spreading fuds is true since any one can write that article just to scare people and force them to dump their coins and now guess what bitcoin price seems became stable after the dump and might we will see more from it since there are several guys are hyping it now.

Dear friend I think Bitcoin is best cryptocurrency in the world and I belive bitcoin can not crash. Day by day bitcoin user increases. Some bitcoin holder down market to buy bitcoin. I think long time bitcoin invest profitable. Whole cryptocurrency market depend on bitcoin movement. So If bitcoin crash whole cryptocurrency market crash that not possible.

People are not here only for the adoption of the crypto currencies. Most whales and people with a lot of bitcoins want to manipulate the market to increase their wealth. They will not care for the overall adoption of the market. They will just pump and dump the bitcoin to increase their own portfolio.

That is what happens to the crypto market. The price will go down and up again, but unfortunately, we do not know how high or low the price will go and only predicting the price. This time, the bitcoin price crash to a lower price and many people worry about seeing if the price is getting down for more while the others are ready to buy more bitcoin. But it will recover soon and the price will start to rise and who knows, the next thing that we will see is another rally to break the $64k and still increase. So be patient and still try to have more bitcoin.

Believe, it can, and very hard, in fact there is not bottom in cryptocurrency.

Amen to that, if you know how to take advantage of it then you will not worry about the prices going up or down because either way, you are going to profit from it.

Until there is no last man standing who uses Bitcoin left, I think there is no way that Bitcoin will crash completely. It is the oldest cryptocurrency in the market. And people give credit to it more than the rest of the cryptocurrencies in the market.

Yes, it is a volatile investment. It's a very risky investment. We know that anything can happen at any time. But we also know that Bitcoin is the fastest growing and best performing investment in history. We need to focus on this. We know that it has a digital scarcity value that you cannot easily imitate. And then, we also know that, at the end of the day, it's going to be very difficult to ban Bitcoin or ban cryptocurrencies entirely.

This is a great opportunity to get involved, as I'm not sure it's going to last forever.

This week has been the worst week of my day, I started to worry about my asset ownership in biitcoin which is getting smaller and smaller and I'm depressed seeing the market now.
yesterday I planned to sell all my assets but I tried to think positive again because I believe this is not the end of everything.
it is true for now my assets are shrinking and the amount is not small, but I will continue to be hodlers because I believe my assets will return to normal and possibly will continue to grow in the future

What do you feel? Probably most bitcoin users feel the same way, and but it's too late, hold on tight no matter what happens even though it will fall deeper.
I feel the same way about you and feel sorry when there is a feeling of wanting to sell and then I doubt that in the end the price continues to fall, the best option is just HODL and won't do anything stupid, selling it at a big loss.

Bitcoin could crash since there's nothing impossible in this world. It really depends on the market whether Bitcoin still become the best currency (decentralized, pseudonymous, safe etc) so people can still interested to buy Bitcoin. If someday in the future will we see another new currency with new technology that even better than Bitcoin (it's unlikely IMO) people might interested with the new currency in the long run when they can start trusting Bitcoin after 7-8 years like Bitcoin reach it's past ATH on $20K.

With the current situation as well as the ongoing scrutiny around cryptocurrency miners and exchanges in China, investors are looking for a safe-haven investment option, be it traditional or digital ones. Especially since everyone is now focusing on what a lack of Chinese miners means for bitcoin price.
The crypto-world is no stranger to this. All this has already been seen.

I am in solidarity with OP, right now something similar to him happens to me. I am encouraging my family to invest in cryptocurrencies for a few weeks now and with Elon Musk's FUD. I think I'm going to give up on the idea because it is complex to tell you about the roller coaster that is bitcoin volatility and its effects on the cryptocurrency market.
Now I understand why it is difficult for us to reach mass adoption, because it depends on us and break the tentacles of centralization.

Indeed. We hope people who want to invest in bitcoin can learn more about bitcoin while they invest some money in bitcoin to prevent panicking or worrying about the price volatility. If people can have knowledge about bitcoin, they will see how big the potential of bitcoin they can get and give them a big profit.

In this volatility, people will have a chance to buy more at a low price because this price is really deepest than the price in the last weeks.

I feel sorry for your loss but newbies shouldn't invest in cryptocurrencies, because high volatile assets are not for newbies. The price of Bitcoin is just the same as it was 3 months ago in february. So if you are depressed it shows you made something wrong like investing at All Time High price funds you can't afford to lose. Otherwise you are not enough strong to invest in a high volatile asset like cryptocurrencies.

It's just a game of the whales, they just want to buy at a cheap price, spreading bad news to destroy makes most people panic. Finally, some people sell losses, and they buy a lot. then again support bitcoin.

Obviously no one can deny that it is currently under deep correction, it is a fact. but we don't need to be apathetic that bitcoin always happens like that and there will always be improvements and we have to believe that even though it may seem difficult but there will always be as bright as hope from bitcoin in every unexpected moment. Moreover, the trend of bitcoin is expected to continue to improve until the end of the year.

not always what goes against the flow will always be guaranteed to lose or not profit, it could be the opposite. because in crypto nothing is impossible, anything can happen. Moreover, it is known that the time for bitcoin to improve will continue to happen until the end of this year.
If we believe that there is currently a very deep correction, it could be beyond the unexpected analysis of the effects of bad news @elonmusk and banned bitcoin in China. we are waiting for the next news like what.

As far as I know, the digital currency market is not limited to one person or one government. How did we get to $ 40,000 before Elon?
Were there any big companies or Elon at that time? No, because Bitcoin and all digital currencies depend on people and their purchasing volume, and you can be sure that digital currencies will win again in the end.

if btc cant crash the price would be in $35,xxx.00  .
 there are people that want to up the btc and theres also people that want to down btc for their own good but they dont have intention to delete btc because they cant earn anymore if they do that .
theres no reason to be scared but you shouldnt hesitate to buy during this times because this wont last long but in your case it seems that you entered in a wrong time . my only advice is keep on hodling

I also believed this is not crash but a healthy corrections hence bitcoin went a lot for couple of months ago and this is the best possible scenario of correction we have right now. With all these FUD ongoing right now it only affect people who are faint hearted and panic sells when they hear some bad news about crypto. In short, this dips is a buying opportunity as always.

Every people talking about bitcoin will crash and dip into 25k but I think it will go higher up to 100k.
Seems to like before one year ago it's dip to 16k again it pump to 65 k

Nowadays, like any technology, bitcoin is facing lots of critics and being a relatively new thing, there are lots of things that can go wrong. Bitcoin is still not as widely accepted as credit cards. It is not legal in many countries and I can understand the need for another system to protect people against theft and fraud. These are the obstacles this new technology will have to overcome in the future.
I hope that investors can learn more about bitcoin while investing some money in it so as to prevent panic or concern about volatility. What I do not understand is how people can be so gullible and pliable? How can a single tweet affect the price so much?

Although Bitcoin is an interesting technology with great potential, I can't predict what it will look like in 10 or 20 years. But it's interesting for the moment. Again, I wouldn't put all your life savings on something as volatile as bitcoin, especially when you don't know if the authorities will ever allow it to be accepted everywhere.

To be honest it could go anywhere and we have no clue what happens next, they might be right or you might be right. 100k isn't a far fetch price though, there still a lot of months left for it to happen this year.

I am unable to understand what you are saying. If you could rephrase that, it would be greatly appreciated.
How can someone delete btc? What did you mean by that?

I believe those with powers to crash cryptocurrency can do it. The Chinese government announced a clamp down on crypto investment in the country and if every other government do the same, nothing will stop the crash of Bitcoin. And on selling your properties to invest in Cryptocurrency, you have already goofed in the first caution of crypto investment. You should only invest what you can afford to lose to always avoid the story that touch.

I don't have any fear at all and you shouldn't too because I believe that all these people creating these fuds are the ones buying up the dips that most people like "YOU" are selling to them and this is no disrespect. Think about it,  Where is the Bitcoin that are been sold go to? of cause in the Wallet of others that understand what is going on, accumulating for future massive gains so I refuse to be pushed out and will be part of that future Gainers.  8)

A sort of manipulation will certainly be going to happen and Elon Musk did this. But I never think that the future of Bitcoin lies in their hands as I still believing that despite this dump, it will recover then. In fact, we are up now after a huge crash down to $32k, we are moving back at $40k. So we can say that these rich people can't really take everything we had in the market. Only they can afford to do is to dump but not in a way they can control the entire market.

So, there is nothing to worried about, even this Chinese Government can't do that.

Bitcoin and others crypto is high risk investment with high profit potential. So never going all in crypto. Maximum 2%-5% from all asset is already high portfolio for crypto. Not only risk of high fluctuacion, scammer and hacker also one of the bad thing in crypto space. From the history of bull season before, this market should be bounce back soon or later because crypto bull season did not over. But this analysis no one can guarante, but in the long run crypto market has big potential to keep grow because this market still young compare stock market and gold.

It is normal if bitcoin facing a lot of critics because as a new thing, people need to search for what benefits of bitcoin to them and they need to familiarize themselves before they use bitcoin as they use fiat money or credit cards. I am sure this obstacle will not reduce the adoption of bitcoin as soon, people will see that bitcoin can be their alternative to make money and be their new investment. People themselves will not think too much about the volatility and will understand the beauty of bitcoin.

We never know what will happen in the next 10 or 20 years later as that will be too long for us to wait and we do not know if many of us will still live just to see that. It will not be suggestible to put all of our life savings to invest in bitcoin because we still use fiat money and many countries are not accepting bitcoin yet. So maybe we need to make a plan on how much money we should invest in bitcoin and how long we will sell bitcoin.

If it refers to that nothing is impossible in this world and can happen, then obviously no one can evade, because everything is clear that it can happen. but we are given a way of thinking which must also be realistic and reasonable.
as long as there is crypto, I can be sure that bitcoin will still be in control and continue to exist, because the two sides create harmony.

but at other times there may be at certain times there will be new rivals that may be the same as crypto or can be simpler and able to adopt the needs of all who need it, and we do not know what form and what mechanism will occur. but as long as there is no certainty that bitcoin is still a mainstay today.

It is impossible for Bitcoin to decentralize to collapse. All that is to be done is to buy on dips.

So it is true that there are some people who is willing to sacrifice what they have like personal properties just to invest in gambling or crypto , etc. Me personally I am really afraid to lose even my $1 because my properties and my money is very important to me. Knowing that crypto is very risky, I will not do the same thing as you did. But since you're already in your situation, juat have patience until the market recover so you will not cut your losses and still gain profit. Then do not repeat the same thing again like selling your properties. It is not that easy to earn in crypto.

don't let the current FUD weaken your hands, keep them diamond hands strong, it will pay off. there is a reason as to why people say the rich get richer and the poor get poorer. i've ignored btc for awhile but did research on the side over sometime. it's clear as day what's happening in this bear season, but only for those that have the eyes to see it and the hands to hodl.

There is no assurance even how strong or powerful a cryptocurrency is even if we are talking about Bitcoin. What the OP have done is a big gamble staking all that his family have for the sake of investing into Bitcoin believing that it will not crash no matter what. Well, that is pretty impressive to sum up having a strong will and belief but it will be too much putting all you have in line just to prove you are right because once declination comes into Bitcoin which can really happen because it is not always just up trend, your family as well as those you stake will suffer. Be a responsible investor to know your limitation of investing only what you can afford even you do believe so that Bitcoin will not certainly crash.

What I am afraid is that people cannot limit themselves when investing in Bitcoin, it must be remembered that something excessive is not good.
I am one of those who really believe in the future of Bitcoin, but on the other hand I also have to be a responsible investor. Don't let us risk everything
on Bitcoin, we need to invest in Bitcoin according to our respective capabilities. Always remember to invest money that we can afford to lose.

It is indeed falling, but if you hold it, you will definitely come back.

I don’t think op is too worried about Musk’s impact on Bitcoin. I think Bitcoin will continue to rise. I still haven’t sold my cryptocurrency because I believe Bitcoin will not be manipulated by Musk. It belongs to us. , And not belong to Musk.

This is only temporary, and the Bitcoin market will return to the bull market again.

In terms of reality, even though many are familiar with bitcoin, we also have to accept that not all can understand what bitcoin is actually used for, because it requires deepening that is not just understanding or wanting to know.
It is not certain that bitcoin can eliminate the use of fiat quickly, because the use of fiat is still widely used in several countries that are still thick with traditional markets. but gradually it will also be able to shift the use of fiat even though maybe not totally, especially if they understand further about bitcoin which is not only a transaction tool but as a very lucrative investment.

maybe too long to determine something must be up to 10-20 years to come, because usually bitcoin in the span of 4 years which we are familiar with is a halving which may be feasible and appropriate we can analyze it, but looking at the prospects it can be ascertained for the next halving, namely know 2024 then bitcoin is still a very lucrative investment compared to investing in stocks and gold.
The right advice is not to use all the fund you have invested in bitcoin, even though if you are sure it is only natural. because it is very profitable compared to us only saving in banks or deposits.

Not all the time cryptocurrency goes up and makes a profit to their investors there's a time it might crash because of different factors again if you think that bitcoin always gives you a profit by just investing with the low price and sell it at a high price it's better to change this mindset and try to understand the use of technical analysis and charts this might help you to prevent losing your money. The term hodl is just for the people who have a strong hand. Some of the hodler bought at the lowest price so if you think the market is bearish and not taking back still you are thinking of hodl i think no.

And we also have to understand that manipulation may arises which we cannot hold on. So no matter we think that Bitcoin is profitable, reliable coin but we can't assure that as an investors will make a profit in every investment they have especially when we are impatient person. If we never know how to hold, it is totally embarrassing in our side.

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It is absolutely right to say that Bitcoin will never crash (down to zero) but can't deny also that there were times that the market price is down.

I will be holding bitcoin for the long run, the gains will be huge I'm sure of it! But yeah it may take some time to reach the highs I want, and there will be some lows along the way. Staying positive!




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Edward Terrant (https://gayvideochat.cam/edward-terrant/)

Bitcoin can not crash because it is big name in whole crypto market. And if it will crash then whole Market will crash because many of coins like alt coins are depende on BTC price.