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Author Topic: April will be around 5000 - and then further down  (Read 800 times)
jennywhzz
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April 01, 2018, 12:25:54 PM
 #21

Looking at it critically, crypto prices will still drop for a while before moving towards the upside though I'm not very sure it'll reach that 5000 dollar mark it'll definitely get  very close. I'm waiting for more bad news so I can buy more.

Sounds like the typical HODL strategy:

First you buy the dip at 12.000.
Price increases to 14.000 and you do not sell because you HODL

Now the price dips to 10.000 - you buy the dip some more.
Price increases to 12.000, and you do not sell because you HODL

The the price dips to 8.000 - you buy the dip some more
Price increases to 10.000, and you do not sell because you HODL

Now we are at 6.000 and you want to buy the dip some more.

Everyone who HODLs and only "buy the dip" is losing more and more everytime they follow that strategy.

This is somewhat true but whose who are buying for long term are not at all at a loss. Everyone knows that bitcoin is the future and this year bitcoin will easily reach 25000$. Some are hoping for 50,000$ also. So the point is nomatter in which range you buy (5000 - 12000 $), just keep on holding till the year end.

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April 01, 2018, 12:40:39 PM
 #22

Looking at it critically, crypto prices will still drop for a while before moving towards the upside though I'm not very sure it'll reach that 5000 dollar mark it'll definitely get  very close. I'm waiting for more bad news so I can buy more.

Sounds like the typical HODL strategy:

First you buy the dip at 12.000.
Price increases to 14.000 and you do not sell because you HODL

Now the price dips to 10.000 - you buy the dip some more.
Price increases to 12.000, and you do not sell because you HODL

The the price dips to 8.000 - you buy the dip some more
Price increases to 10.000, and you do not sell because you HODL

Now we are at 6.000 and you want to buy the dip some more.

Everyone who HODLs and only "buy the dip" is losing more and more everytime they follow that strategy.

This is somewhat true but whose who are buying for long term are not at all at a loss. Everyone knows that bitcoin is the future and this year bitcoin will easily reach 25000$. Some are hoping for 50,000$ also. So the point is nomatter in which range you buy (5000 - 12000 $), just keep on holding till the year end.

Just as everyone knew Myspace was the future, and with hundreds of millions of users could never be in decline again?

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April 01, 2018, 12:42:40 PM
 #23

$5000 is not enough. I will only buy when it reaches $2500.

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April 01, 2018, 01:05:14 PM
 #24

Looking at it critically, crypto prices will still drop for a while before moving towards the upside though I'm not very sure it'll reach that 5000 dollar mark it'll definitely get  very close. I'm waiting for more bad news so I can buy more.

Sounds like the typical HODL strategy:

First you buy the dip at 12.000.
Price increases to 14.000 and you do not sell because you HODL

Now the price dips to 10.000 - you buy the dip some more.
Price increases to 12.000, and you do not sell because you HODL

The the price dips to 8.000 - you buy the dip some more
Price increases to 10.000, and you do not sell because you HODL

Now we are at 6.000 and you want to buy the dip some more.

Everyone who HODLs and only "buy the dip" is losing more and more everytime they follow that strategy.

Buying dips make sense during bull market which ended in 2017.Buying dips during bear market is nonsense hope that you dudes here will understand someday and will not scream "buy the dip" all the time.
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April 01, 2018, 01:19:25 PM
 #25

The same in here, if i buy, it won't be at less than $3000 each bitcoin.

Most people want to see it going down below that mark, and i am sure that it will get done, i am not spreading FUD; this is just a rumour.

$5000 is not enough. I will only buy when it reaches $2500.

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April 01, 2018, 01:21:58 PM
 #26

$5000 is not enough. I will only buy when it reaches $2500.


You may have to leave the cryptocurrency community. This price of bitcoin will never be. The price of 2500 dollars is lower than the price of profitability. I am sure that after the bitcoin price will recover you will buy bitcoins for $ 10,000 and $ 20,000. You're not an idea person. You move in a pack and do what everyone else does.


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Lucius
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April 01, 2018, 01:33:59 PM
 #27

So after a month and a few days freightjoe is come back with some new wisdom or to say maybe prophesy.So based on his wisdom we should all sell as soon as possible because from now on down is the only path for BTC.I know at least one good reason why we should not believe in what he writes, and reason is he is one of the better known fudster in this forum.

Last time he predict BTC will go below 4000$,we all know how it ended.Do not take it seriously,he just not like BTC for some reason.

The continuing decline where Bitcoin goes to deeper and deeper levels is very clear. If the pattern continues, the next bottom will be on February 20 where it will drop below 4000. Continuing, then the next bounce will only reach up to around 7000, followed by an even deeper drop.....


https://bitcointalk.org/index.php?topic=2939289.0

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April 01, 2018, 01:49:34 PM
Merited by LFC_Bitcoin (1)
 #28

You may have to leave the cryptocurrency community.
Why should he leave? He isn't saying anything bad or something negatively tinted. He's just pointing out at which level he plans to buy, that's it.

This price of bitcoin will never be. The price of 2500 dollars is lower than the price of profitability.
Never say never. And profitability of who? Miners? How do you know that? Miners will keep mining; miners are waiting for others to temporarily shut down some machines, because that lowers the difficulty, and that translates into more juice for other miners. If we look at the overall difficulty, it has only been going up, and it will keep going up.

I am sure that after the bitcoin price will recover you will buy bitcoins for $ 10,000 and $ 20,000.
Eventually, yes. Short term, no. People have to accept that the market will need a massive bullish trigger to inject the market with a positive vibe again, and as long as that trigger isn't there, the market will remain weak and uninspired. Buy the market down and enjoy your profits later on, that's what smart people do.

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April 01, 2018, 02:16:29 PM
 #29

It is not difficult at all to see where this is going......
It can go either way too, i understand the market is not that strong and since it has gone down below $7 k you can very well tell that the next support level will be $5k and hopefully i do not want to see the price going below that either as it will trigger panic selling from new investors but then again i never expected this price at this time a couple of years back , but still i do not want to see going down.














 

 

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AnonBitCoiner
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April 01, 2018, 02:29:21 PM
 #30

If you look at the total developments - and not at the wild volatility from day to day:

December on average was around 15.000$ for BTC
Peak was in December where BTC was at 20000$
January was on average around 12.500$
February was around 10.000$
March was around 7.500$

It is not difficult at all to see where this is going......



All this fluctuation of price is due to many fake news about bitcoin.At first,China ban the bitcoin.It had affect a lot.In Asia ,china was top of the Investment.Then South Korea ban the bitcoin and then regulate the bitcoin later.Due to this news the price of bitcoin reduced badly.

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April 01, 2018, 02:35:09 PM
 #31

Bitcoin is deeply oversold on all timeframes. Might still go down for a bit but it will only be temporary.
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April 01, 2018, 02:41:00 PM
Merited by LFC_Bitcoin (1)
 #32

Just as everyone knew Myspace was the future, and with hundreds of millions of users could never be in decline again?
Ironic that you're trying to deter people from thinking in absolutes here while doing so yourself on numerous occasions.  You have a bad habit of claiming with incredible conviction what the price is going to be a while from now.

No one trying to predict exact future Bitcoin prices (with certainty) in an unprofessional setting is really worth listening to, but you are the worst I've ever seen, creating hundreds of posts solely to stir things up.

Also ironic that you're now using the past to predict the future - claiming that because the price has been falling, it must go further down - despite arguing that you could not do that when the price was going up.
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April 01, 2018, 02:52:29 PM
 #33

$5000 is not enough. I will only buy when it reaches $2500.


although everything can happen and we can see the  price even below 2500. but if we see the bitcoin price and its potential we can expect that bitcoin price will not drop anymore but the price will very soon recover its position, therefore my own opinion is that the current time is the best time to buy bitcoin right now and hold it for some good time, if we want to make money from bitcoin.

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fabiorem
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April 01, 2018, 03:50:54 PM
 #34

You may have to leave the cryptocurrency community. This price of bitcoin will never be. The price of 2500 dollars is lower than the price of profitability. I am sure that after the bitcoin price will recover you will buy bitcoins for $ 10,000 and $ 20,000. You're not an idea person. You move in a pack and do what everyone else does.


Miners are already at a loss:

https://www.cryptocompare.com/mining/calculator/btc?HashingPower=4730&HashingUnit=GH%2Fs&PowerConsumption=1293&CostPerkWh=0.12&MiningPoolFee=1

The market is being manipulated by the Wall Street mafia. Knowing that in the past the market had 90% crashes, why I should buy now and not at 10% of previous ATH?

Also, I'm on a long position and already bleeding. I will not sell anything, but if it drops to $2500, I will buy more. People may say it wont recover at that price, but the fundamentals tells otherwise. Tell me, how many people you see here talking about Schnorr signatures, atomic swaps, P2P exchanges? Very few, I can say that for certain.

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April 01, 2018, 04:07:40 PM
 #35

Question: When wall street dude Tom Lee is saying HODL on bitcoin what you should do ? According to logic do opposite what are these manipulators saying shouldnt you rather sell now because it will be even worse ?
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April 01, 2018, 04:10:38 PM
 #36

Question: When wall street dude Tom Lee is saying HODL on bitcoin what you should do ? According to logic do opposite what are these manipulators saying shouldnt you rather sell now because it will be even worse ?


I dont care for what they say. I will hold because the fundamentals are stronger than ever.

If someone devise a P2P exchange with the mining cost coded-in, I will run a node for it.
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April 01, 2018, 04:12:53 PM
 #37

i am agree with you , bitcoin price will be back to a more raisonnable top, 5k is a non sens. Now, the market is bleeding, there is a lot of newbies who invested at 16k,,,. I am sure btc will be back at 1000$
And please, dont speak about analysis, AT dont work for Crypto's, you will never see a real money loosing such value in that time.
I'm happy coz i invested in early 2018, but sad that i didnt sell all i have in December, but, thats the game.

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April 01, 2018, 04:13:41 PM
 #38

If you look at the total developments - and not at the wild volatility from day to day:

December on average was around 15.000$ for BTC
Peak was in December where BTC was at 20000$
January was on average around 12.500$
February was around 10.000$
March was around 7.500$

It is not difficult at all to see where this is going......



Unpredictable. Its possible though. Last 5 days growth has been worst with all crypto coins. Every coin is in red. Best time to buy more coins now. Lets take this moment in a positive spirit than worrying on loosing the price. The happiness when we are selling bitcoin at the time of high value, should continue even when the price is very low. Buying at a very low price should make us more happier.

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April 01, 2018, 06:25:27 PM
 #39

Bitcoin can decreases or increases with a patterned monthly on which prices varies on dates,, but those are just mean coincidence.. If 5000$ is the next landing price does this mean that in two months time after,, the zero bitcoin value is possible??  I don’t think if this makes me laugh knowing that it was TA(technical analysis) wrongly or be sad that the member of our own are the one doing the fud attack..

Let me assure you,, this won’t be the last time I’m going to wake up reminding the bad vibes to think positively..

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April 01, 2018, 07:01:32 PM
 #40

Bitcoin can decreases or increases with a patterned monthly on which prices varies on dates,, but those are just mean coincidence.. If 5000$ is the next landing price does this mean that in two months time after,, the zero bitcoin value is possible??  I don’t think if this makes me laugh knowing that it was TA(technical analysis) wrongly or be sad that the member of our own are the one doing the fud attack..

Let me assure you,, this won’t be the last time I’m going to wake up reminding the bad vibes to think positively..
Sad to say that there are really members here who are still blind with the fact, creating some negative news that lead to panic selling of the people, I don't know if they are just really a negative one of just manipulating the mindset of people so that they could have the chance to buy bitcoin again.

   
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