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Author Topic: Bitcoin crash is inevitable  (Read 671 times)
matchi2011
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February 18, 2021, 01:16:27 AM
 #41

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.



And the rocket cotinue to fly, every decision being made should be analyze deeply, it's not easy to follow how trend will bring you
good compensation.

But if you just follow without any research, most of the time you'll lose your investment. There's correction that you need to anticipate
but keeping your fate with understanding you have will save you from making mistakes.

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Evilish
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February 18, 2021, 01:31:37 AM
 #42

Quote
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.

I see your point and I understand that a correction is always around the corner but you didn't have to call us "fool". Cheesy

I might be a fool, and I might be naive, but this foolishness and naivety has made me a lot of money over the years.

I do take profits every now and then though, so even if BTC crashes, while it would be heart wrenching, I'd still be up thousands of percent from my initial investment. Not that big a deal breaker.

I would be a fool not to trust an investment that has always worked for me over so many years.

And yes I will buy again in a few days no matter the price.
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February 18, 2021, 04:01:44 AM
Last edit: February 18, 2021, 04:27:51 AM by 777Jolami
 #43

This is not the time to buy, don't be a fool to buy at 50K.

Unfortunately, you didn't prepare and analyze the current market differences.  Bitcoin can be vulnerable to underground whale attacks, with the community chasing that trend without the robustness and desire to chase a boon.  But this year there are too many differences that you can see and benefit to trust.  Bitcoin has become sexier than ever.  Was it your mistake, or was it conservative to fud for a better buying advantage?  Lol

A good trend towards leverage and motivation Smiley)

https://www.fool.com/investing/2021/02/17/the-motley-fool-announces-5-million-investment-in/
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February 18, 2021, 04:24:20 AM
 #44

"If not now, when?" Incubus.  Grin

Who knows when the price will be dumped again. There is no assurance to it.
One thing we know for now is that it keeps on going up because of different event that had been happening in social media websites.
Yes, a crash will happen but we cannot see the future so it's a risk one investor should be willing to take.
The result will either be profit or loss. With loss though, you can still wait for another pump to come.

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February 18, 2021, 08:31:14 AM
 #45

"If not now, when?" Incubus.  Grin

Who knows when the price will be dumped again. There is no assurance to it.
One thing we know for now is that it keeps on going up because of different event that had been happening in social media websites.
Yes, a crash will happen but we cannot see the future so it's a risk one investor should be willing to take.
The result will either be profit or loss. With loss though, you can still wait for another pump to come.
Waiting for a while will be the best thing that he can do right now as the price now is down. If he can be patient, he will have the opportunity to buy at a low price. Until that time, he can keep analyzing the price moves because the opportunity will show anytime, so if he misses that, he will miss the chance to buy bitcoin. But if he can not get a good time to buy bitcoin, as long as he can buy low when the red candle appears, he can hold it until the price increase. But we do not know when the price will increase.

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February 18, 2021, 09:08:07 AM
 #46

"If not now, when?" Incubus.  Grin

Who knows when the price will be dumped again. There is no assurance to it.
One thing we know for now is that it keeps on going up because of different event that had been happening in social media websites.
Yes, a crash will happen but we cannot see the future so it's a risk one investor should be willing to take.
The result will either be profit or loss. With loss though, you can still wait for another pump to come.

I'm sure the OP speaks like this due to the fact that he knows the history of Bitcoin's price. And we must all agree that there is a correction after each bubble. Unfortunately, he did not include one very important thing. Every time there was a bubble in the Bitcoin price, the bull run was longer. In the present situation, the bull run could easily for next several months or even over a year. So even if there are small corrections during that time, it is still a very good idea to buy Bitcoin for $50k.

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February 18, 2021, 02:26:36 PM
 #47

Perfect, we recommend everyone to buy BTC at 50K since it will never go down again and so all of us who had BTC from before will continue to raise our assets, pathetic.
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February 18, 2021, 02:50:25 PM
 #48

correction or decline in bitcoin prices is inevitable and it will definitely happen. But the price reduction will still be controlled because there are still many investors who stick with Bitcoin. You may not know what Tesla buys Bitcoin at. It's possible they buy in the area of ​​$ 40k or more. As a holder of Bitcoin and believe in bitcoin. Buying at $ 50k won't be a problem as they each have their own target price. There is a lot of speculation that Bitcoin will be able to hit $ 100k and it's still halfway there. Don't say stupid about buying Bitcoin at $ 50k, it's their decision, if you don't want to buy at a high price wait until the price is cheaper and cheaper (if that happens).
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February 18, 2021, 11:36:02 PM
 #49

Perfect, we recommend everyone to buy BTC at 50K since it will never go down again and so all of us who had BTC from before will continue to raise our assets, pathetic.
Your suggestion is very bad. You don't need to recommend everyone to buy Bitcoin, everyone has a target and they will buy it when their target is reached. And market correction will happen, you can't say "never go down again" because this statement builds from zero knowledge.

But I agree with you that Bitcoin will continue to raise

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February 19, 2021, 05:16:56 AM
 #50

Alot of people are looking at the Bitcoin MVRV Z-score and deciding when to sell. I think its currently on 7 and the red zone is around 7.5-10. Generally the last 3-4 peaks were within a 2 week period when this occured.

The formula is something like Market Cap - Realized Price  / Std of Market Cap.

So it basically goes up when the market cap increases but realized price stays the same. Meaning price sky rockets and people don't buy/sell and transact on the blockchain. So it seems we are close to the 7.5-10 area however last time we were at the same level, the BTC price had to almost double (11.2K to 20K) for the indicator to point at 10-11 Zscore.

Hence if you rely on this indicator and sell when BTC hits $55-60K you might sell way too early because it still might hit like $95K.

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February 19, 2021, 12:27:50 PM
 #51

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.

Your symptoms and condition, seemingly in a state of distress. This causes a lack of confidence. And I think your pain will last .
We have traction, organic impact, and the tuning that shows your hesitation becomes a waste.
The best guess is what you believe, you see, not just what you think.


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February 19, 2021, 01:04:50 PM
 #52

Perfect, we recommend everyone to buy BTC at 50K since it will never go down again and so all of us who had BTC from before will continue to raise our assets, pathetic.

Nope I recommend that people see the upside is 500k in 10 years. vs the downside 25k in 10 years.

Weigh the risk accordingly and decide what you can spend.


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February 19, 2021, 01:50:03 PM
 #53

Perfect, we recommend everyone to buy BTC at 50K since it will never go down again and so all of us who had BTC from before will continue to raise our assets, pathetic.
Your suggestion is very bad. You don't need to recommend everyone to buy Bitcoin, everyone has a target and they will buy it when their target is reached. And market correction will happen, you can't say "never go down again" because this statement builds from zero knowledge.

But I agree with you that Bitcoin will continue to raise
That will depend on the person who thinks he is right or wrong. Because if he is correct about his prediction, what would you feel, regrettable isn't it? " I Supposed to buy some but I was in doubt and in troubled"

But saying buy now because there is no chance to drop below $50k, I can't be wrong with that and usually, I don't close that possibility because anytime, the trend could be changed. And he is right actually, Bitcoin crash is inevitable...


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February 19, 2021, 02:20:11 PM
 #54

What's wrong with buying at $50K? I don't see any mistakes there since the price is still strong. If they bought at $50K, they already have a minimum profit of $2K. Saying that you can't just say that people should not buy at that price because no one knows when will it actually go low or go high. Who knows it might sprint to $60K, you might regret it for a long time.

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February 19, 2021, 02:44:51 PM
 #55

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 will end waiting for months and losing potential profit if you wait for the market to go down, when in fact is performing well, now, I don't know why you are thinking differently and negatively when the market is gearing for another all-time high to set, possibly $100k, if you think that way, that we should not buy at $50k then you should have a reason why Bitcoin will have a correction immediately when it's doing good.

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February 19, 2021, 02:50:41 PM
 #56

Perfect, we recommend everyone to buy BTC at 50K since it will never go down again and so all of us who had BTC from before will continue to raise our assets, pathetic.
Your suggestion is very bad. You don't need to recommend everyone to buy Bitcoin, everyone has a target and they will buy it when their target is reached. And market correction will happen, you can't say "never go down again" because this statement builds from zero knowledge.

But I agree with you that Bitcoin will continue to raise
That will depend on the person who thinks he is right or wrong. Because if he is correct about his prediction, what would you feel, regrettable isn't it? " I Supposed to buy some but I was in doubt and in troubled"

But saying buy now because there is no chance to drop below $50k, I can't be wrong with that and usually, I don't close that possibility because anytime, the trend could be changed. And he is right actually, Bitcoin crash is inevitable...



yes it will have a large  price drop that will last a long time.

But  that we can go to 100k and then drop to 60k  is possible

rather than it will drop in a week to 25k-30k

So while it has been a good rise in price to think it is falling off a cliff tomorrow is foolish.

As I said it can go to 25k on the down side and 500k on the upside

we are at 52k.

weigh your risk and take it.

hodl what you have
sell 1/2 what you have
add 1/2 to what you have

whatever it is you want to do.


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February 19, 2021, 02:55:01 PM
 #57

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 sad but a lot of people really think that it's peak times are the best ones to buy the bitcoin. I know a lot of people who sold houses and bought bitcoin when the price was 20K and I hugely believe the same situation is happening right now. Those people who bought bitcoin at 20K, don't even think about it and totally ignore it, calling it a scam. Maybe I would risk the current situation for daily trading but not for long term investment. Yeah, it's possible that this coin will rise, everything is possible when it comes to bitcoin but I wouldn't sleep well If I invested in bitcoins right now.

Halving is the best time to invest in and sadly a lot of people ignore this moment, they only come to bitcoin when they see a massive rise, the time when it's better to quite rather than to enter.

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February 19, 2021, 08:30:31 PM
 #58

Although it is not advisable to buy at highs, the moment now is very different from 2017 when there was the bullish trend, now the circumstances worldwide are different, we are living in a pandemic, and even so the price of Bitcoin has lived new highs, a new ATH.

Now a correction in full ATH is somewhat difficult, but not impossible, however, this ATH is arousing much more emotions for people, perhaps the big ones will start to sell little by little while many more will buy.

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February 19, 2021, 09:08:58 PM
 #59

Even if someone bought it yesterday for 50k, today they can still make a profit because the bitcoin price keeps hitting its new ATH and a few minutes ago it was already touching 55k. If you pay attention to the market movements in this bull run, then this is a new history unlike the previous bull run in 2017 whose value was untenable and fell rapidly. This bull run is a new history for bitcoin because the price continues to go up without any big corrections taking place and it is a very amazing history.

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February 19, 2021, 09:20:16 PM
 #60

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.
Don't be a fool to buy at $50K and now we in $55k. Or maybe you will make a new thread say "dont be a fool to buy at $55K". And after Bitcoin reach $60K, you make a new thread again... LOL

No one knows when the correction will happen and how dip Bitcoin's price will fall, so there is no fool for people who buy Bitcoin. If they patience, they will take profits

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