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Yamifoud
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April 07, 2020, 10:53:33 PM
 #61

To be serious, a lot of people never knew this, they had the opportunity to invest in Bitcoin when the price decreased but they never did, instead they kept panicking and lost the opportunity. Of course I have invested in Bitcoin earlier at $6000 before the price reached $8000+ and dropped back during the pandemic.
~~~
It's not that they don't want to take a chance. For some people, this extreme price change is quite risky, even though the price is cheap, it will be cheaper. If you have a reserve fund, it is indeed the right choice to buy BTC. However, these low prices occur in the midst of a pandemic, some people choose to hold fiat as a priority to meet needs during this difficult time.
Yeah, the current pandemic outbreak holds people to use their money and invest with crypto. They are much giving more concern about what will happen next as the virus keeps spreading. The current market pumps are probably because there is an increase in crypto users. We may say that this time is the perfect time to see that role of crypto and that might happen by now.



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April 08, 2020, 02:42:07 AM
 #62

To be serious, a lot of people never knew this, they had the opportunity to invest in Bitcoin when the price decreased but they never did, instead they kept panicking and lost the opportunity. Of course I have invested in Bitcoin earlier at $6000 before the price reached $8000+ and dropped back during the pandemic.
~~~
It's not that they don't want to take a chance. For some people, this extreme price change is quite risky, even though the price is cheap, it will be cheaper. If you have a reserve fund, it is indeed the right choice to buy BTC. However, these low prices occur in the midst of a pandemic, some people choose to hold fiat as a priority to meet needs during this difficult time.
Yeah, the current pandemic outbreak holds people to use their money and invest with crypto. They are much giving more concern about what will happen next as the virus keeps spreading. The current market pumps are probably because there is an increase in crypto users. We may say that this time is the perfect time to see that role of crypto and that might happen by now.

it is very necessary patience in analyzing and not panic when looking at the movement of bitcoin. because it could have been an opportunity that should have been able to do to get the benefits of being missed. but indeed bitcoin hasn't moved up a long time and now it's starting to go there. unfortunately the time along with the corona epidemic has plagued many countries and disrupted the world economy. fortunately crypto is not so disturbed but maybe many investors are thinking of contributing to the corona epidemic, and hope that at the same time bitcoin remains stable.

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April 08, 2020, 03:01:46 AM
 #63

even though the price is cheap, it will be cheaper. If you have a reserve fund, it is indeed the right choice to buy BTC.

I am waiting for BitCion to go down to 1 US Dollar, and then I will buy some...   I do not mind gambling with my Lunch Money  Grin Grin Grin

Hard Facts
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April 08, 2020, 10:32:55 AM
 #64


Indeed, the bitcoin falls downs at a cheaper price last four weeks ago. I guess that at some point the coronavirus has an impact on it. I will look forward for the comeback of bitcoin in the following months.
Well, in your question it was so difficult to predict in this kind of situation, because the world is facing a difficult crisis because of the pandemic coronavirus. In my own opinion, I didn’t think it for now, because I believed that everything must be fine and back to normal after this crisis.

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April 08, 2020, 09:07:38 PM
 #65

even though the price is cheap, it will be cheaper. If you have a reserve fund, it is indeed the right choice to buy BTC.

I am waiting for BitCion to go down to 1 US Dollar, and then I will buy some...   I do not mind gambling with my Lunch Money  Grin Grin Grin

Hard Facts
This is the illusive thought of a dreamer. This isn't going to happen, ever. Come to think of it, if Bitcoin becomes that cheap what do you think will become the fate of the crypto industry? Of course, it will collapse.

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April 08, 2020, 10:17:50 PM
 #66

even though the price is cheap, it will be cheaper. If you have a reserve fund, it is indeed the right choice to buy BTC.

I am waiting for BitCion to go down to 1 US Dollar, and then I will buy some...   I do not mind gambling with my Lunch Money  Grin Grin Grin

Hard Facts

This will take a lot of research and a very meticulous TA to come up such a idea of the best entry point lol.
What specific time event that could possibly go wrong in cryptocurrency and pull Bitcoin back from one of its worst figure? I can't think of any at this very moment, maybe because Bitcoin's volatile nature obviously makes it a very unpredictable asset?
Anyway, one thing is for sure, It would take too much time, too much I mean years before you start buying Bitcoin.

R


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April 08, 2020, 11:54:03 PM
 #67

Of course i will invest on bitcoin cause this is the perfect time to invest on it. The whole world gone crazy because of COVID but smart people know how can earn profit in this situation. Last month people talking about bitcoin price and it's future. Well this is the answer, go and see the btc chart you will get your answer. Market means price will up and down no matter which market we are talking about. Because of some reason market did fall and some reason market rise again. That's pretty simple. Panicking time is over, now time for make a right decision. Buy btc as much as possible and hold it till the right time.
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April 09, 2020, 12:52:34 AM
 #68

This is an impossible dream as of the moment and bitcoin can’t afford to go below $3k or else the big panic will occur again and many people will lose their trust with bitcoin. The rise will come and we should now waste time waiting for a price that is too possible, better to keep buying every dump and that’s a good way to make money. If you don’t have believe on bitcoin, then you will regret that one for not buying more.

NOTHING is impossible... Of course BitCoin could fall below 3000 USD !!!   The fact that you think this is not possible tells me you are not even thinking rationally.   I have no idea how far down BitCoin will go, or at what price the panic would occur, but I know it CAN happen.

I already regret not buying BitCoin when I first heard about it for less than 1 cent each  Cry Cry Cry    I would love to get rich in a bubble, but those days are LONG GONE, and I do no believe BitCoin will go up beyond past highs, and there is a good chance it goes to almost zero.  I do not like gambling in any Casino, even if it is the BitCion Casino   Sad Sad Sad

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April 09, 2020, 02:39:26 AM
 #69

As this kind of changes would you rather still invest or buy a lot of bitcoin or sell?.

It's depends on the circumstances to be honest. One of the reason why I bought Bitcoin at around $5,000 was because last crash was brought by a sudden selling of Bitcoin of the scam "Plustoken". This cause a disturbance in the market and made the buyers panic sell because they don't know what is going on, they thought it was stock market or coronavirus who is making Bitcoin crash. Since it's just a scam, people would soon realized that they panicked sold for nothing and now the price is recovering as it is now.  In other circumstances like a down trend, I'd analyze the market carefully because it will be hard to predict what will come of Bitcoin during this times, I think the hardest part would be when will Bitcoin recover during a bear market.

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April 09, 2020, 02:55:31 AM
 #70

As this kind of changes would you rather still invest or buy a lot of bitcoin or sell?
When the price drastically drop I didnt panic and forget for a while the movement of the market. At that time im busy too because of the virus, my work is affected and I need to buy goods in preparing for the lockdown.

Now bitcoin is recovering and its good to see other alts following as well. But im not going to sell my coins, I will wait for the right time to on when to take profit since I have set a target price. Nevertheless the market is unpredicted so who knows halving might affect the market positively not just bitcoin.

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April 09, 2020, 12:02:23 PM
 #71

As this kind of changes would you rather still invest or buy a lot of bitcoin or sell?
When the price drastically drop I didnt panic and forget for a while the movement of the market. At that time im busy too because of the virus, my work is affected and I need to buy goods in preparing for the lockdown.

Now bitcoin is recovering and its good to see other alts following as well. But im not going to sell my coins, I will wait for the right time to on when to take profit since I have set a target price. Nevertheless the market is unpredicted so who knows halving might affect the market positively not just bitcoin.

Now the price of the bitcoin in the stable ,and this is a good thing because the market price of the bitcoin today is currently preparing and comes into the pumping state this is quite good because we can now make a lot of earnings and it is better if we keep collecting the amount of the bitcoin because the halving is coming it is better if we grab the opportunity to make more income. Instead, it is okay if we are trying to adopt the use of the bitcoin because today with the pandemic virus and now real money can be spread the virus rapidly because it is now airborne and as a user of bitcoin to this is the most secured transaction.

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April 09, 2020, 12:14:05 PM
 #72

Can't call it as a comeback but still I'm happy that Bitcoin went up after that drastic fall that made the price of it halved from around 8k to near 4k in just one day.

Even though I want to buy some Bitcoin right now, we are in a crisis so I don't have spare money to use to buy it. I'm just glad that there is my signature campaign and that is what I'm using to buy some of our supplies right now and helped other people too in a little way while keeping some of it for the future Smiley.

Buying or selling Bitcoin will goes down to what are your plans with it. If you are a pure holder then buying and holding strategy will be used. If you want to sell, you must put a target price where you will sell it when it reaches that price. Normally investors' target price of selling is high unless they are an expert traders then they will play with the movement of Bitcoin. For me, I like to buy and hold.

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April 09, 2020, 12:25:34 PM
 #73

Can't call it as a comeback but still I'm happy that Bitcoin went up after that drastic fall that made the price of it halved from around 8k to near 4k in just one day.
It can be considered as Comeback mate because from 4K4 level now we are at least almost doubled so it is a great comeback already though more lower than the start of this year.
Even though I want to buy some Bitcoin right now, we are in a crisis so I don't have spare money to use to buy it.
a sad reality because instead of investing to Bitcoin you chooses to at least buy foods to survive in this crisis.
Buying or selling Bitcoin will goes down to what are your plans with it. If you are a pure holder then buying and holding strategy will be used.
in this time?yeah it is Holding is what strategy we must need(of course if we have money to invest with).









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April 09, 2020, 12:40:57 PM
 #74


Can't call it as a comeback but still I'm happy that Bitcoin went up after that drastic fall that made the price of it halved from around 8k to near 4k in just one day.
Why call it comeback when it did not leave us? lol. The price movement is pretty natural for volatile asset like bitcoin, what you guys are talking is just a simple down movement of it.

It can be considered as Comeback mate because from 4K4 level now we are at least almost doubled so it is a great comeback already though more lower than the start of this year.

Even though I want to buy some Bitcoin right now, we are in a crisis so I don't have spare money to use to buy it.
That's unfortunate for you, as the world is healing slowly due to coronavirus we are starting to see a greenish market as bitcoin is already gaining positively for a quite some time now and investing is as good as it seems to be but don't let it fool you, always buy the needs and necessities, don't put too much risks with your money right now.

a sad reality because instead of investing to Bitcoin you chooses to at least buy foods to survive in this crisis.

Buying or selling Bitcoin will goes down to what are your plans with it. If you are a pure holder then buying and holding strategy will be used.

in this time?yeah it is Holding is what strategy we must need(of course if we have money to invest with).
All I can say is buying bitcoin during this time is good especially when you hold it until after halving but then again be careful with it.

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April 09, 2020, 01:03:00 PM
 #75

As this kind of changes would you rather still invest or buy a lot of bitcoin or sell?.

It's been years and I am actually used to these changes.

Volatility is a good thing and a bad thing but most of the investors are putting their money into these cryptocurrencies because of it. Right now, the price is slowly increasing so I would be holding them still unless there is a chance to sell. If I can continue to invest, I will do so but right now, I can't. Because of the pandemic since I am saving my fiat for emergency purposes.
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April 09, 2020, 02:21:10 PM
 #76

It's still difficult for anyone to predict what could happen around the halving. The coming 3 months are going to be decisive for the future of bitcoin.
The coming months is not that decisive for the future of bitcoin but when you are looking at the price prediction then it is decisive as to where the market goes, the price and the future of bitcoin cannot be coined together.

Bitcoin has improved but still not the way the users wanted it to. Whether it would be capable of gaining the interest of miners even after the halving is the larges query people have.
For me the improvement in bitcoin is about the scaling and not the price, the miners will mine as long as they get the profit and there will be people willing to mine for the network to prosper and not for the profit in the short term.
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April 09, 2020, 11:30:18 PM
 #77

Seeing the current market conditions that are getting better, of course I will continue to collect bitcoin by buying it. Because I am sure
bitcoin prices will continue to rise until halving occurs. So I will not waste this opportunity, hopefully bitcoin can return to the price $10k
in the near future. Moreover, if the corona virus can be stopped and its cure is found, surely the price of bitcoin is getting drastic the rise.

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April 09, 2020, 11:41:35 PM
 #78

Seeing the current market conditions that are getting better, of course I will continue to collect bitcoin by buying it. Because I am sure
bitcoin prices will continue to rise until halving occurs. So I will not waste this opportunity, hopefully bitcoin can return to the price $10k
in the near future. Moreover, if the corona virus can be stopped and its cure is found, surely the price of bitcoin is getting drastic the rise.

A Corona virus cure may also mean drastic drop on bitcoin price. Because some investors will go back to their traditional trading markets instead. Some investors prefer the slow moving yet more secure traditional markets.

I am more optimistic on a bitcoin rise though, this coming halving means a lot. Bitcoin will become more scarce.
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April 10, 2020, 02:19:40 AM
 #79


A Corona virus cure may also mean drastic drop on bitcoin price. Because some investors will go back to their traditional trading markets instead. Some investors prefer the slow moving yet more secure traditional markets.

I am more optimistic on a bitcoin rise though, this coming halving means a lot. Bitcoin will become more scarce.

I don't think so, the cure is pretty much a boost to almost every industry out there. Even now Bitcoin has been steadily recovering from its 4.8K drop.

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April 10, 2020, 02:31:41 AM
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"I told you so."
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