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Author Topic: Bitcoin crash is inevitable  (Read 671 times)
carlfebz2
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February 17, 2021, 05:48:01 PM
 #21

Setting to new ATH is always a sign that it will be corrected for 3-4k down just like what happened on 45k-49k. But that doesn't mean that it will not recover, with the current companies invest in bitcoin, prices will never go down to below 45k again and another ATH will be reached soon.

Same like you there are always people doubting and will always missed the chance of buying at low. And this twitter handle will suit those people https://twitter.com/havefunstaypoor

You cant blame out people on not to think up that way if you do consider out on what happened in the past where the market entirely crash go down to the floor then
you would definitely presuming out that it can really happen again but this time around it isnt the case we are seeing.

Crash can happen anytime but comparing into those years where adoption isnt really that high yet then its high likely to happen but now where everything
gets recognition to it then it is really hard to believe on.

-3-4k crash or a bit more is most common now and for those who do really make out day trades will most likely to benefit out.
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February 17, 2021, 05:51:28 PM
 #22


 People who thinks this will go up without stopping are very naive.


Of course the increment in the price value cannot continue forever, at a certain mark, the price value will become stable. But the thrill and plan is to gather enough while the price is still increasing, so when it becomes stable, you arw already free from financial insecurity.

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acener
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February 17, 2021, 06:56:32 PM
 #23

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.

If it isn't the time to buy then when?

If you're really a strong holders and will hold even when Bitcoin on crash, buying in any price wouldn't a matter. No one expect/predict Bitcoin will reach $50K right now, when Bitcoin goes to $3K people are loss faith while it's a good time to buy the dip.

So, people who're buy at $50K is not a fool, I would think a fool is people who not holding any Bitcoin until right now.
This is the greatest answer for me,
There isn't a perfect time so stop waiting and wasting opportunity.
If the price goes up then those who are buying right now would gain profit and for those who waits have lost opportunity.


cryptozanga (OP)
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February 17, 2021, 07:00:24 PM
 #24

Including the post that started this thread, you’ve posted a total of 5 times in your entire history of posting here on this forum. You’re track record is pretty miserable.

I believe that the problem is the price, it is no longer profitable to buy Bitcoin . . .
Written by you on December 19 when Bitcoin was about $22,800. Anyone dumb enough to listen to you on that date has already lost out on 124% growth over the past 60 days.

In my opinion a big correction is coming . . .
Written by you on January 5 when Bitcoin was about $30,000. Anyone scared to buy because of your prediction has already lost out on 70.3% growth over the past 43 days.

Of course Bitcoin will crash, we are in a Bubble right now...
Written by you on February 5 when Bitcoin was about $36,600. Anyone that decided not to buy because of your declaration that we are in a bubble has already lost out on 39.6% growth over the past 12 days.

Is not the moment to buy . . .
Written by you on February 11, when Bitcoin was about $44,500. Anyone dumb enough to listen to you on that date has already lost out on 14.8% growth.

And now here you are when Bitcoin is about $51,500 yet again claiming “This is not the time to buy”?  Come on, it’s clear that your ability to predict the near future is absolutely worthless. I think perhaps it’s time to give up and move on to something more productive.  Your advice and thoughts on the price movements of Bitcoin aren’t worth the oxygen you burned to come up with them.

Bitcoin was going to crash earlier this month, Elon Musk bought and obviously went up, in my opinion this will only make the correction worse, it is more than clear that I thought the correction would be earlier, but are you going to tell me that it will never happen ? Will you tell me you don't see Bitcoin at 25K? It seems to me that either you bought for the first time in 2021 or you have no idea how volatile this market can be. I bought in March in 3K, and I am 100% sure that a big correction is coming.
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February 17, 2021, 07:07:55 PM
 #25

The more it goes up, the more correction it will have? What do you mean by "more correction"? It's  not like the % of the correction is going to be higher the higher the price go. I doubt that's how correction works. Maybe we will see the price correcting it self by dropping at most 15%? Anything more is more like the price getting dumped and whales cashing in their profit. And I wouldn't be worried about corrections. Corrections are more likely to create a healthy market. New investors joins the community which means we will be seeing more adaptation of the crypto currencies.
But yeah, anyone who think the price will never dip are indeed naive.

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February 17, 2021, 07:20:33 PM
 #26

It seems to me that either you bought for the first time in 2021 or you have no idea how volatile this market can be.

Your powers of prediction are really failing you, aren't they?

I have a Bitcoin-qt wallet running in OSX Lion with only 1 address in it: 1Jaa7hidZ2PnmXhwfTyE3pKdjKT6WkQz4

This wallet/address received 1.0301101 BTC a bit more than 15 hours ago.

It seems pretty clear that I didn't acquire my first bitcoin in 2021.  I've been around long enough to know that it can be quite volatile. I've also been around long enough to know that there is a lot of nonsense trying to "predict" when a "top" or "bottom" will occur as well as what that "top" or "bottom" exchange rate will be.  99% of the predictions are wrong.  Will it go up in the future?  Almost certainly.  Will it go down in the future? Almost certainly. If you buy today, will you have an opportunity to sell for more?  Impossible to predict.  If you don't buy today, will you miss out on some growth opportunity? Impossible to predict.
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February 17, 2021, 07:26:30 PM
Last edit: February 18, 2021, 01:49:09 AM by dupee419
 #27

True, without the dump there is no pump, it's unlikely to see the price go up without it having to go down, though with the last crash, the price went down for a bit and then went up once again, and it had something to do with the "Elon Musk Influence", not only that but even if Elon Musk has helped BTC reaching a new ATH, it is still inevitable and impossible for us not to see the crash of the price.
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February 17, 2021, 07:46:17 PM
 #28

True, without the dump there is no pump, it's unlikely to see the price go up without it having to go down, though with the last crash, the price went down for a bit and then went up once again, and it had something to do with the "Elon Musk Influence", not only that but even if Elon Musk has helped BTC reaching a new ATH for Bitcoin, it is still inevitable and impossible for us not to see the crash of the price of BTC.

Exactly, it makes me laugh when there are people who believe that this will not stop rising, I totally agree that the BTC can reach 100K and probably in less than 2 years, but before that we will see a big correction, personally I was wrong since I thought that would be much earlier, this was due to the large investors that entered, but believe me it will happen.
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February 17, 2021, 08:04:29 PM
 #29

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.


Says the newbie with 6 posts lol.  We see your type around here plenty, people who come in just to talk shit about bitcoin.  First of all, you don't have a clue nor does anyone else.  People keep saying bitcoin is in a bubble, but you're foolishly ignoring the facts.  Businesses like Microstrategy and Telsa have added it to their balance sheets, countless finance firms have either added it to their platform or their payment systems (paypal, venmo, cash app etc).  There is still room for massive growth as other companies continue to express their supports.

Do I think we will never drop below 50k again? Of course not, but to ignore all that is happening and claim that the higher it goes the worse the crash will be is straight up misguided.

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February 17, 2021, 08:14:40 PM
 #30

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.


Says the newbie with 6 posts lol.  We see your type around here plenty, people who come in just to talk shit about bitcoin.  First of all, you don't have a clue nor does anyone else.  People keep saying bitcoin is in a bubble, but you're foolishly ignoring the facts.  Businesses like Microstrategy and Telsa have added it to their balance sheets, countless finance firms have either added it to their platform or their payment systems (paypal, venmo, cash app etc).  There is still room for massive growth as other companies continue to express their supports.

Do I think we will never drop below 50k again? Of course not, but to ignore all that is happening and claim that the higher it goes the worse the crash will be is straight up misguided.

What the fuck does it have to do with having 6 posts? I have known Bitcoin for 6-7 years, in my right mind I think we will see a big correction, that's all.
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February 17, 2021, 08:29:51 PM
 #31

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.


In my opinion, bitcoin is the safest coin to invest in because it's the number cryptocurrency in the market and for long-term investment, you could guarantee to make a good profit. It's not really that bad to buy bitcoin at any price point in the market as long as your going to hold your bitcoin in the long term. But compared to if you only buy in the deeps or dumps of bitcoin there will be much more room to make a profit. At this point, we can't really buy bitcoin at a low market price anymore so the only option was to buy in the deeps or correction.
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February 17, 2021, 08:43:44 PM
 #32

This is an historical Time for btc.


Please look at this post I made to understand the possible upside of btc for the next 10 years

Remember this is speculation based on some facts.

so  2021

11 trillion gold cap
vs 1 trillion BTC cap

may be 5 trillion gold cap
vs 10-12 trillion BTC cap

in 2030

To think this mere 50k is it is dumb.

Play accordingly invest $100 a week if you can afford it to turn into 0
do it week after week after week

DCA

I see a 10-15x upside by 2030

that is 500k-750k

vs current 50k



Historically, we rarely get more than 6 month of highs, so don't expect to see a dollar soon.
We may reach 60K by April or May as a maximum, but I would not be surprised if we settled for a longer time.
If what happened in 2017 were to repeat, we would witness torpor for some time and then crazy spikes.

Healthy growth requires a constant increase, slow correction like this, not crazy speculation.

But if gold is going to be bigly mined on asteroids it will devalue like mad.

gold is 11 trillion
btc is 1 trillion.

maybe in ten years

gold is 5 trillion
btc is 10 trillion

maybe people in the know see the writing on the wall for gold as king of wealth storage
Thus the real reason for btc growth is transfer of gold to btc.

If so BTC has a huge upside.

This is not a bull run. Like any other one for btc.

WE never had every day of the year beat any and all ATH for any other time in BTC other than 2009.

Look at this below

Quote
https://bitcointalk.org/index.php?topic=138109.msg56368498#msg56368498

 BitStamp USD/BTC           CoinFloor GBP/BTC           Kraken EUR/BTC              Kraken CAD/BTC             CoinCheck JPY/BTC
 ------------------------    -----------------------    -----------------------    -----------------------    --------------------------
   1  2021-02-16  48,997  |   1  2021-02-14  35,325  |   1  2021-02-16  40,445  |   1  2021-02-14  62,046  |   1  2021-02-16  5,162,652
   2  2021-02-14  48,746  |   2  2021-02-16  35,036  |   2  2021-02-14  40,324  |   2  2021-02-16  61,955  |   2  2021-02-14  5,102,687
   3  2021-02-12  47,548  |   3  2021-02-12  34,454  |   3  2021-02-15  39,350  |   3  2021-02-12  60,686  |   3  2021-02-15  5,007,391
   4  2021-02-15  47,515  |   4  2021-02-15  34,390  |   4  2021-02-12  39,318  |   4  2021-02-15  60,532  |   4  2021-02-12  4,993,437
   5  2021-02-13  47,122  |   5  2021-02-13  34,184  |   5  2021-02-13  39,068  |   5  2021-02-13  60,301  |   5  2021-02-13  4,974,107
   6  2021-02-11  46,872  |   6  2021-02-11  34,035  |   6  2021-02-11  38,664  |   6  2021-02-11  59,824  |   6  2021-02-09  4,889,502
   7  2021-02-09  46,705  |   7  2021-02-09  33,771  |   7  2021-02-09  38,627  |   7  2021-02-09  59,095  |   7  2021-02-11  4,879,658
   8  2021-02-10  45,554  |   8  2021-02-10  32,882  |   8  2021-02-10  37,629  |   8  2021-02-10  57,583  |   8  2021-02-10  4,789,692
   9  2021-02-08  43,069  |   9  2021-02-08  31,367  |   9  2021-02-08  35,596  |   9  2021-02-08  54,955  |   9  2021-02-08  4,442,800
  10  2021-01-09  40,348  |  10  2021-01-09  29,772  |  10  2021-02-06  33,057  |  10  2021-01-09  50,984  |  10  2021-01-09  4,189,918
  11  2021-01-08  39,991  |  11  2021-01-08  29,727  |  11  2021-01-09  32,844  |  11  2021-02-06  50,653  |  11  2021-02-06  4,171,680
  12  2021-02-06  39,835  |  12  2021-02-06  29,056  |  12  2021-01-08  32,672  |  12  2021-01-08  49,929  |  12  2021-01-08  4,123,916
  13  2021-01-14  38,606  |  13  2021-01-14  28,497  |  13  2021-02-07  32,094  |  13  2021-01-14  49,229  |  13  2021-02-07  4,075,827
  14  2021-02-07  38,571  |  14  2021-01-07  28,351  |  14  2021-01-14  31,840  |  14  2021-02-07  49,117  |  14  2021-01-10  4,071,622
  15  2021-01-10  38,553  |  15  2021-01-10  28,256  |  15  2021-02-05  31,422  |  15  2021-01-10  48,796  |  15  2021-01-14  4,003,206
  16  2021-01-07  38,299  |  16  2021-02-07  28,094  |  16  2021-02-04  31,274  |  16  2021-02-05  48,160  |  16  2021-02-05  3,972,736
  17  2021-02-05  37,729  |  17  2021-02-05  27,589  |  17  2021-01-07  30,967  |  17  2021-02-04  47,914  |  17  2021-02-04  3,943,049
  18  2021-02-04  37,458  |  18  2021-02-04  27,472  |  18  2021-01-10  30,814  |  18  2021-02-03  46,962  |  18  2021-01-07  3,940,384
  19  2021-01-19  36,921  |  19  2021-01-19  27,115  |  19  2021-01-16  30,544  |  19  2021-01-16  46,912  |  19  2021-01-15  3,854,972
  20  2021-01-15  36,803  |  20  2021-01-16  27,040  |  20  2021-01-19  30,490  |  20  2021-01-15  46,845  |  20  2021-01-19  3,835,782
  21  2021-01-16  36,797  |  21  2021-02-03  26,885  |  21  2021-01-15  30,451  |  21  2021-01-07  46,824  |  21  2021-01-16  3,827,147
  22  2021-02-03  36,640  |  22  2021-01-18  26,816  |  22  2021-02-03  30,404  |  22  2021-01-19  46,766  |  22  2021-02-03  3,816,459
  23  2021-01-18  36,132  |  23  2021-01-15  26,799  |  23  2021-01-18  29,906  |  23  2021-01-18  46,224  |  23  2021-01-18  3,751,618
  24  2021-01-29  35,574  |  24  2021-01-17  26,104  |  24  2021-01-17  29,308  |  24  2021-01-17  45,623  |  24  2021-01-29  3,710,865
  25  2021-01-17  35,389  |  25  2021-01-29  26,094  |  25  2021-01-29  29,288  |  25  2021-01-29  45,428  |  25  2021-01-17  3,677,563
  26  2021-01-06  34,979  |  26  2021-01-13  25,864  |  26  2021-02-02  29,013  |  26  2021-01-13  45,194  |  26  2021-01-20  3,638,207
  27  2021-01-20  34,861  |  27  2021-01-06  25,727  |  27  2021-01-13  28,893  |  27  2021-02-02  44,658  |  27  2021-02-02  3,618,369
  28  2021-02-02  34,861  |  28  2021-01-20  25,549  |  28  2021-01-20  28,855  |  28  2021-01-12  44,340  |  28  2021-01-12  3,610,230
  29  2021-01-12  34,778  |  29  2021-02-02  25,518  |  29  2021-01-12  28,588  |  29  2021-01-20  44,278  |  29  2021-01-13  3,589,117
  30  2021-01-13  34,751  |  30  2021-01-12  25,078  |  30  2021-01-06  28,416  |  30  2021-01-30  43,629  |  30  2021-01-06  3,587,351
  31  2021-01-30  33,988  |  31  2021-01-30  24,738  |  31  2021-01-30  28,051  |  31  2021-02-01  43,109  |  31  2021-01-30  3,551,718
  32  2021-02-01  33,790  |  32  2021-01-03  24,548  |  32  2021-02-01  27,962  |  32  2021-01-31  42,705  |  32  2021-01-11  3,521,604
  33  2021-01-11  33,575  |  33  2021-01-25  24,363  |  33  2021-01-25  27,603  |  33  2021-01-25  42,333  |  33  2021-02-01  3,511,602
  34  2021-01-25  33,485  |  34  2021-01-11  24,327  |  34  2021-01-11  27,453  |  34  2021-01-11  42,223  |  34  2021-01-31  3,493,845
  35  2021-01-03  33,463  |  35  2021-02-01  24,286  |  35  2021-01-31  27,403  |  35  2021-01-06  41,789  |  35  2021-01-25  3,468,615
  36  2021-01-31  33,299  |  36  2021-01-31  24,222  |  36  2021-01-21  26,678  |  36  2021-01-28  41,173  |  36  2021-01-03  3,457,542
  37  2021-01-05  32,341  |  37  2021-01-05  23,716  |  37  2021-01-23  26,582  |  37  2021-01-23  41,137  |  37  2021-01-21  3,363,063
  38  2021-01-23  32,331  |  38  2021-01-28  23,447  |  38  2021-01-03  26,548  |  38  2021-01-26  40,734  |  38  2021-01-23  3,359,913
  39  2021-01-21  32,321  |  39  2021-01-21  23,380  |  39  2021-01-05  26,417  |  39  2021-01-24  40,553  |  39  2021-01-24  3,355,909
  40  2021-01-24  32,091  |  40  2021-01-26  23,362  |  40  2021-01-28  26,354  |  40  2021-01-21  40,384  |  40  2021-01-28  3,325,020
  41  2021-01-26  31,995  |  41  2021-01-23  23,349  |  41  2021-01-24  26,340  |  41  2021-01-05  39,706  |  41  2021-01-26  3,313,775
  42  2021-01-28  31,973  |  42  2021-01-24  23,319  |  42  2021-01-26  26,272  |  42  2021-01-27  39,583  |  42  2021-01-05  3,288,363
  43  2021-01-22  31,363  |  43  2021-01-22  22,953  |  43  2021-01-22  25,923  |  43  2021-01-22  39,391  |  43  2021-01-22  3,240,591
  44  2021-01-02  31,348  |  44  2021-01-02  22,890  |  44  2021-01-27  25,391  |  44  2021-01-03  39,297  |  44  2021-01-04  3,211,787
  45  2021-01-04  31,099  |  45  2021-01-04  22,545  |  45  2021-01-02  25,248  |  45  2021-01-04  38,339  |  45  2021-01-27  3,211,295
  46  2021-01-27  30,809  |  46  2021-01-27  22,351  |  46  2021-01-04  24,961  |  46  2021-01-02  38,298  |  46  2021-01-02  3,190,696
  47  2021-01-01  29,279  |  47  2021-01-01  21,429  |  47  2021-01-01  23,880  |  47  2021-01-01  36,510  |  47  2021-01-01  2,997,708

...


all top 47 days are in this year and no other year for all 5 currencies .

That is an historical set of numbers.

 I only know that you simply can't compare this to any year ever.

Which so far is really really good.

It may be we go beyond 150k and then fall back.  Why not?

150k is 3 x what we are but we are around 1 trillion value.

gold is about  11 trillion value.

Maybe we end the year with:

 btc market cap at 3.5 trillion
 gold market cap at 8.5 trillion

Gold is not scarce

 https://theprint.in/opinion/giant-asteroid-has-gold-worth-700-quintillion-but-it-wont-make-us-richer/260482/



So how about the people in the know realize that gold will be easily mined and drop in value a shit ton.  Good old BTC is right there to capture that value.

To think
 that today  all the  gold is worth 11 trillion
and that  all the btc is worth 1 trillion

is going to change quite a bit

In ten years maybe btc is 10 trillion and gold drops to 5 trillion. why the fuck not.

if so BTC will be 500,000 a coin

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ningrum
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February 17, 2021, 09:13:30 PM
 #33

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.


why not buy it at $ 50k? You shouldn't say that, say that polite guys, everyone here wants a price increase, and not to say stupid !,
we are still in the bullish zone and the price of $ 50k is very strong, look! prices are above $ 50k now,
of course people who buy at $ 50k are already making a profit, so we shouldn't be afraid, because everything is still good, to enter at $ 50k again,
this month Bitcoin must stay at $ 50k!

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February 17, 2021, 09:36:47 PM
 #34

It seems to me that either you bought for the first time in 2021 or you have no idea how volatile this market can be.

Your powers of prediction are really failing you, aren't they?

I have a Bitcoin-qt wallet running in OSX Lion with only 1 address in it: 1Jaa7hidZ2PnmXhwfTyE3pKdjKT6WkQz4

This wallet/address received 1.0301101 BTC a bit more than 15 hours ago.

It seems pretty clear that I didn't acquire my first bitcoin in 2021.  I've been around long enough to know that it can be quite volatile. I've also been around long enough to know that there is a lot of nonsense trying to "predict" when a "top" or "bottom" will occur as well as what that "top" or "bottom" exchange rate will be.  99% of the predictions are wrong.  Will it go up in the future?  Almost certainly.  Will it go down in the future? Almost certainly. If you buy today, will you have an opportunity to sell for more?  Impossible to predict.  If you don't buy today, will you miss out on some growth opportunity? Impossible to predict.

of course they are, they are just delusional trying to drive the market where they want, they can not understand that the average value of bitcoin is always increasing, that's the only thing that matter not the top or bottom...
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February 17, 2021, 09:38:34 PM
 #35

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.
The more bitcoin goes up, the most correction it will. It's not always right, because Bitcoin has a support line, if the support line not broken, bitcoin will fly again. When Bitcoin reach $30K, $40K, many people think this is not a good time to buy, but now?? Yes I believe that we will see the correction but the most correction is not this time

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February 17, 2021, 09:50:49 PM
 #36

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.


It's true that the faster and higher the Bitcoin price jump up, the larger and sharper the correction will be. However, it is not yet possible to say at this point what the final ATH will be. If that bull run will continues for a year or two more, the final correction may not be all the way to $50k. So in my opinion, it's too early to judge that this is a bad time to buy. On the contrary - if the final ATH will be at $300k and someone decides to sell right then, buying now can be a very profitable investment.

.
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February 17, 2021, 09:56:41 PM
 #37

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.

So you are waiting?? You wait until the price of Bitcoin correction, ok good decision but I want to ask you when the Bitcoin will correction?? You want to keep waiting until the train leaves you. No one knows when the best time to buy if you keep waiting until a big correction maybe you will regret your action

I don't think we will see a big correction now,



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keyscore44
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February 17, 2021, 10:13:19 PM
 #38

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.
The more bitcoin goes up, the most correction it will. It's not always right, because Bitcoin has a support line, if the support line not broken, bitcoin will fly again. When Bitcoin reach $30K, $40K, many people think this is not a good time to buy, but now?? Yes I believe that we will see the correction but the most correction is not this time

Definitely, the rise is not forever. However, the support is strong right now as many companies are still buying bulk of bitcoin. And institutions keep on coming to say about integration of btc in their payment system. But everyone should be ready as it may correct anytime, and no one knows when. So if you are a trader or a holder, you should prepare your contingencies on what to do so as to maximize your profits.

Actually, there is a big difference between a trader and a hodler in this case.
In the case of hodlers, the matter is simple, because they believe that the price will increase and, despite the corrections (small or large), they do not care about the current situation, but hold until the price is satisfactory for them to sell.
Traders have a more difficult position, but they have more options. If they are sure that the last correction is coming (after the last ATH before the bear market), they can play short and earn from the price drops.

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arufox
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February 17, 2021, 11:13:50 PM
 #39

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.
You know the thread call people who buy at $27000 are a fool, and now he learns something in the crypto world, and because we reach $50K, you make the same thread like him. People who invest their money in Bitcoin is not a fool, no matter when he buys it. Do you remember 2017 when are at the peak, maybe you call them fool when he buy at that time, but now they already take so much profits, You get the point
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February 18, 2021, 12:41:54 AM
 #40

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.


Okay if you listened and did not buy at 50 k it now costs  52,400+

Ignore guys like this or anyone that tell you anything about buying it or not buying it.

The down side is simply this 52.4 k can drop way down

The up side is this:

 if btc becomes the gold standard it will approach 500k

Decide what you can afford to lose each week and but some btc.

Or don't.


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