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Author Topic: Bitcoin will drop to 20k is not time to buy btc now  (Read 925 times)
Trixoempire (OP)
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April 22, 2021, 04:37:33 AM
Last edit: April 22, 2021, 05:03:46 AM by Trixoempire
 #1

Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x
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April 22, 2021, 05:02:19 AM
 #2

So many news everywhere saying that "Don't buy BTC now"
Don't try to scare us. It really looks like propaganda.
Trixoempire (OP)
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April 22, 2021, 05:04:40 AM
 #3

Please tell me more, Mr. Bitcoin Nostradamus.

Look at btc charts is move 1% a month. Altcoins have much better ROI of 2-5x till the end of the bull run.
BTC keep you poor this bull run.
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April 22, 2021, 05:27:32 AM
 #4

Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
Can you share with me from which factors you concluded that Bitcoin will drop to $20k, please.

Forecast, prediction, speculation are all non sense and zero value if you don't show reasons behind yours.
 
Quote
Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
When will you predict Bitcoin drop deeper to $10k or $5k?

Quote
but is good time to buy altcoins that can make you x2-5x
It can be correct but please note that not all altcoins will give your profit. Especially if you invest into Moon-DeFi or Moon-NFT tokens. They have been overhyped and not safe to invest.

Old altcoins can be one of best options from now till the end of this year.

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April 22, 2021, 05:34:15 AM
 #5

Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x
How could it reach $20K again because it seems so hard to happen right now,
I don't even think that it could go below $30K now it has been around $50K for a long time now and the lowest is $48 or $49K if I am not mistaken so $20K is too hard to believe right now.

Trixoempire (OP)
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April 22, 2021, 05:51:40 AM
Last edit: April 22, 2021, 08:47:15 AM by Trixoempire
 #6

Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
Can you share with me from which factors you concluded that Bitcoin will drop to $20k, please.

Forecast, prediction, speculation are all non sense and zero value if you don't show reasons behind yours.
 
Quote
Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
When will you predict Bitcoin drop deeper to $10k or $5k?

Quote
but is good time to buy altcoins that can make you x2-5x
It can be correct but please note that not all altcoins will give your profit. Especially if you invest into Moon-DeFi or Moon-NFT tokens. They have been overhyped and not safe to invest.

Old altcoins can be one of best options from now till the end of this year.


Peak of the market on 2017 was around 18k then it back down to 2k
This what happens when the price surge so quickly.
Now there is more adoption than ever so the price will not drop so much as before.
But it will drops 20k soon because early investors want to take profit and join on the bear markey this is how they  think.

Only noob invest now on btc on peak price

If you are rich and dont kno what to do with the money them put some on btc by all means

But for real profits is time for alts this is my financial advice
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April 22, 2021, 08:36:37 AM
 #7

Hello everybody. The fall in the price of Bitcoin may reach 20K, it may not reach, let's not guess. I agree that for some, the price of 20K would be a huge gift, I myself have reserved not many dollars and I hope for this price, but the market, as always, will decide for itself where to stay. As for altcoins, most altcoins fall along with Bitcoin, and many are stronger, therefore, personally, for now, I'm just watching. It looks like the cryptocurrency market will soon let us buy at very competitive prices.
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April 22, 2021, 08:50:49 AM
 #8

Look at btc charts is move 1% a month. Altcoins have much better ROI of 2-5x till the end of the bull run.
BTC keep you poor this bull run.

Let's say that Bitcoin rises at 1% rate per month... on what kind of math will this get it to 20k? Also, next time keep in mind that we have the mighty power to zoom out the charts and see the big picture. Can you?
While altcoins may or may not rise, they are much riskier than bitcoin, just because with insufficient knowledge one can easily buy some shitcoin.

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April 22, 2021, 09:00:49 AM
 #9

~

Look at btc charts is move 1% a month. Altcoins have much better ROI of 2-5x till the end of the bull run.
BTC keep you poor this bull run.
Quite vague statement.
What do you mean it will get to 20k if it "moves" 1% a month?
All I can understand for now is that you're basing its pattern to how the price would end up.
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April 22, 2021, 09:06:29 AM
 #10


We all know cryptocurrency is a crazy market, anything is possible just as they say. There is a possibility to what OP is saying so its still everyone's decision whether you are to dump your coins or not.

But consider this, 2017's adoption is different from today's adoption. There is also looming war that's coming, I'm hopeful that it will not come to that point really but things are escalating so I hope you guys prepare for what's coming having cash is good, and having BTC is also good.

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April 22, 2021, 09:19:45 AM
 #11

Blah blah, blah. Please, show us proof of how wealthy you are as a result of your predictions. Oh, Wait! You only have a $10k portfolio:

I have protofilo with 10k that I plan to make 20k with my altcoins within few months. After few months bitcoin will drops to 20k and I will buy with my Balance 1 btc.
Within few years bitcoin will reach 500k and I will be rich selling btc for 500k.

When you reach 500k, show us proof and I will think about following your advises.

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April 22, 2021, 09:28:43 AM
 #12

Are you FUD?

It seems you're affected by massive FUD posted recently on youtube which I think marketing strategy just to let people scare to push them to sell their precious holding coins.

Bitcoin price is unpredictable and look at the movement of the price compared to the past bull market? It's totally different and it won't just drop to $20k maybe it could drop but not right now maybe next year(who knows).

I suggest you better check the market for your self don't focus on what the influencers said on Youtube or on Twitter like Elon Musk's tweet about dogecoin. This type of strategy is no different from what happened in the past bull market they do that to slow the market and let people exchange it for other altcoins and they want to buy cheaper BTC.

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April 22, 2021, 09:49:33 AM
 #13

Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
So another account here to create FUD, we are really in a bullish cycle if we hear this kind of newbie account posting garbage.

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x
Again, I doubt see bitcoin going to $20k, that's more than 50% of the current price. The only thing that can bring it down is when we have like a covid-19 scare. So far we have stomach it, and one year ago, the price has reach $60k++.

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April 22, 2021, 09:57:28 AM
 #14

So many news everywhere saying that "Don't buy BTC now"
Don't try to scare us. It really looks like propaganda.

Yes, that's how these groups are working in collusion with each other to sow FUD, you can see it in every social media now, FB, Twitter, Insta..

I would say you don't need to be scare, although it's natural because this people are playing with our emotions. But this is just a test, you don't need to panic and let this be a lesson for you specially that it seems you are new in the market and haven't seen this kind of FUD before.

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April 22, 2021, 10:03:26 AM
 #15

Everything can happen but no one knows what would be the accurate prediction that may happen in the future, we know that the volatility of bitcoin is always there and it changes from time to time so we should expect things like this, the thing here is that it is up to you if you predict that it would continue falling about $20k or just a bit dump and will still recover right away. This is really different from the year 2017 because there are already a lot of companies and countries that are now exploring the world of cryptocurrency especially bitcoin so I don't think that bitcoin will dump so hard.

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April 22, 2021, 10:07:30 AM
 #16

Everything can happen but no one knows what would be the accurate prediction that may happen in the future, we know that the volatility of bitcoin is always there and it changes from time to time so we should expect things like this, the thing here is that it is up to you if you predict that it would continue falling about $20k or just a bit dump and will still recover right away. This is really different from the year 2017 because there are already a lot of companies and countries that are now exploring the world of cryptocurrency especially bitcoin so I don't think that bitcoin will dump so hard.
Whatever happens in the future is not our concern, we can't see it therefore we can't change it to our bidding and even if we see it, there is no other fork on the road other than towards that future. It is likely that the price will drop to 20k or even lower but what's the point of worrying about it when there is no way we can control the volatily of the market, why not make a profit out of it instead of whining that the prices are going down.

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April 22, 2021, 10:22:13 AM
 #17

No chart, no proof or anything? Your speculation is invalid right away. There are too many people like this spreading the FUD now and I hope that people today know their intentions.

Only noob invest now on btc on peak price
Not all the time. Though it's not the best move to buy at the peak price. There are many who bought at a high price and sold at a higher price. The recent ATH of bitcoin showed us many checkpoints of ATH prices and those who bought that time gained profit from bitcoin.

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April 22, 2021, 10:56:21 AM
 #18

Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x

This type of people are the ones who regretted why they did not buy when bitcoin is at that price. They keep doubting the potential of it before and now dreaming for bitcoin to buy at $20k. For me I don't see bitcoin to go that low, news from big institutions buying bitcoin started when we are at $40k so anything below that is not a good sign for bitcoin in the long run. Market is already in a correction now and buying below $60k is good for me. Especially altcoins that were almost half from their last ATH are really good to buy now.
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April 22, 2021, 11:13:15 AM
 #19

To be honest if you will be able to try every single person here in the forum, they will definitely say that the bitcoin will never go to that dip of around $20,000 and also I doubt that it may drop on that kind of super dip. We can see that the market is red this time in which almost all of the cryptocurrency are getting low including bitcoin, but what we are pretty sure about is that bitcoin will not go to that dip because the market correction was really strong and it will not happen to bitcoin to dump so hard.

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Rehan Zakir
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April 22, 2021, 11:47:48 AM
 #20

You are saying right that the bearish season starts. Market moves in 2 directions upward or downward. Market does not move in one direction. So, Bitcoin is taking corrections. So, i want to suggest everyone that must place stop loss in every trade. And book small profits

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