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Author Topic: Bitcoin will drop to 20k is not time to buy btc now  (Read 841 times)
Ibrahim60
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April 24, 2021, 05:20:05 PM
 #61

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.
 
I don't think that bitcoin price will drop to $20k. Though bitcoin price is dumping but this dumping will not continue till its price hit $20k. Also bitcoin is not a bubble that will brust and drop instantly. Bitcoin price can get down more but it will take time.
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Soon we'll reach good point to buy at 20k btc this good price.
How can gou sure that bitcoin Price will dump to $20k? In my opinion still this is good time to invest on Bitcoin.
Quote
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x
Buying Altcoins is good, i support that. But if anyone wants to make x2 - x5 profit then he/she need to choose good coin. And for this enough knowledge is required about Altcoins.

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April 24, 2021, 05:26:30 PM
 #62

I think the bull run is not the end. I prefer buy good altcoins now and hold it. I am waiting for altcoin raising.

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April 24, 2021, 08:53:26 PM
 #63

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
Your choice but there are people whom would really risk out on buying bitcoin neither into those 60k levels because not all would really come after for short term profits but rather going for longer ones.

You should at least making out some re-check about your technical because if we do consider on pointing out those strong supports then 50k would be the toughest one and others will be
found on 40k levels and so on and its just too far for us to see the dip on 20k.

Everything could happen though but its less likely that we would really be heading back there into that level.

R


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April 25, 2021, 03:32:20 AM
 #64

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.

even if he is correct proper investing is dca.

set buys at
48x
46k
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40k

then

37k
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lastly

28k
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April 25, 2021, 04:24:23 AM
 #65

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.
Keep complaining here Bitcoin present situation won't proof anything. It's your decision if you will stay in the boat or not. Bitcoin trading around ~$50k so taking $20k unrealistic for me. However, I'm really concerned when investing this highly volatile item. If Bitcoin drops below that I'll sell myself. Anyway, I'm looking at bounce back.
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April 25, 2021, 05:10:05 AM
 #66

I think the bull run is not the end. I prefer buy good altcoins now and hold it. I am waiting for altcoin raising.

I bought few altcoins 2 days before when bitcoin price dumped but today again those altcoins are dumping more because bitcoin is unable to stay above 50,000$. I think its still risky to invest in altcoins right now because they can still dump further. The fate of altcoin season now depends upon the bitcoin price. If bitcoin fall to 43-45K, i think altcoins season will be over.

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April 25, 2021, 05:34:22 AM
 #67

I think the bull run is not the end. I prefer buy good altcoins now and hold it. I am waiting for altcoin raising.

I bought few altcoins 2 days before when bitcoin price dumped but today again those altcoins are dumping more because bitcoin is unable to stay above 50,000$. I think its still risky to invest in altcoins right now because they can still dump further. The fate of altcoin season now depends upon the bitcoin price. If bitcoin fall to 43-45K, i think altcoins season will be over.
That is also my idea.  When the series of incidents related to Cex in Turkey.  I bought some SoVs that I think responded well to my mindset.  When bitcoin floated to out the room stood at $ 50k.  I decided to place it.  I don't think the uptrend will be able to return anytime soon.  And this, closes the official budget for investment for this period.
Quote
That's a lot more riskier than just holding Bitcoin.
Go on and try riding the Doge hype.
Well, I think while clinging to the doge right now.  Those are people who love to play thrills.  Similar surfing from the top of the wave.  There have been horse races in which the rider was kicked.  Lol

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April 25, 2021, 06:47:17 AM
 #68

I bought few altcoins 2 days before when bitcoin price dumped but today again those altcoins are dumping more because bitcoin is unable to stay above 50,000$. I think its still risky to invest in altcoins right now because they can still dump further. The fate of altcoin season now depends upon the bitcoin price. If bitcoin fall to 43-45K, i think altcoins season will be over.
Hope you have bought well established altcoins and not the random/new/shitcoins. If you have bought known coins then definitely you will get into profits when bitcoin returning to bull trend. I believe it will be matter of one or two weeks of time. I was expecting bitcoin to bounce back to normal after testing $47k-$48k levels but unexpectedly there are more selling pressure as bitcoin haters are everywhere these days because they are believing more into altcoins after dogecoin kind of sudden goldmines.
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April 25, 2021, 10:46:32 AM
 #69

There's no way it will happen especially on this current ATH.  Indeed its too far and every break out there's always a strong resistance or bottom stage FYI. but not that kind of price because it's unacceptable and seems the end of bitcoin. Lol
 As the matter of fact ever since before when downtrend occur it always find a new price to land but you will never see it fell to such distance.. So expect it will always happen especially now it improves a lot and  has strong support not the same before..
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April 25, 2021, 12:08:52 PM
 #70

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

Well, I won't deny it because everything is possible in this crypto market, however, we are still in the bull cycle, perhaps if Bitcoin will continue to dip it could go all the way down to $40k then it will bounce back passing its current ATH. We could only see bitcoin at the $20k price mark is when we are already in the bear trend. Hence, I don't see any problem buying now though but it is still better if you will make an analysis of your own. Regarding buying altcoins if Bitcoin does really go deep down, most altcoins will follow so I don't think you will be able to make 2x-5x on the one.



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April 25, 2021, 12:13:45 PM
 #71

I bought few altcoins 2 days before when bitcoin price dumped but today again those altcoins are dumping more because bitcoin is unable to stay above 50,000$. I think its still risky to invest in altcoins right now because they can still dump further. The fate of altcoin season now depends upon the bitcoin price. If bitcoin fall to 43-45K, i think altcoins season will be over.
Hope you have bought well established altcoins and not the random/new/shitcoins. If you have bought known coins then definitely you will get into profits when bitcoin returning to bull trend. I believe it will be matter of one or two weeks of time. I was expecting bitcoin to bounce back to normal after testing $47k-$48k levels but unexpectedly there are more selling pressure as bitcoin haters are everywhere these days because they are believing more into altcoins after dogecoin kind of sudden goldmines.

To many BSC scam coins are now in the market right now and hopefully he didn't choose thag tokens as an alternative to hodl then earn a rewards in the long run since this BSC tokens scheme are 1 day run schemes from the dev.

But also regarding to BTC I'm not expecting for it to go lower than 40k since seems the bearish trend is done and bitcoins became calm so I expect the bull will be back since the bullish atmosphere still intact even if we see some dumps.

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April 25, 2021, 09:28:36 PM
 #72

Dude is a famous bear caller, I mean the OP, look at his messages and you will see that he talks about "I told you so" for the past 3 days about how bitcoin is in the bear market and that's it, he just does that, he keeps going around topic to topic saying "If you listened to me, I have told this before". Looking at the bitcoin price it is already over 50k once again, and there is no more drop, everything seems alright.

We are at a weekly 8% or so fall, if you didn't buy at 64k, you can't be in that much trouble, the 8% fall is nothing at all and can be recovered very quickly, even in a day. That is why I do not think that we should be worried too much, we should be calm about the current situation. Do not listen to people like OP, they just want to see bitcoin down, that is all they care about, that is not how market works, it is never down all the time, sometimes there are corrections and sometimes there are recoveries, we are back on recovery now.
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April 25, 2021, 09:36:35 PM
 #73

I think the bull run is not the end. I prefer buy good altcoins now and hold it. I am waiting for altcoin raising.

I bought few altcoins 2 days before when bitcoin price dumped but today again those altcoins are dumping more because bitcoin is unable to stay above 50,000$. I think its still risky to invest in altcoins right now because they can still dump further. The fate of altcoin season now depends upon the bitcoin price. If bitcoin fall to 43-45K, i think altcoins season will be over.
It is quite risky considering the high fluctuation, we can see quite significant price changes this weekend which should be an uptrend for bitcoin (usually). There is still a possibility that bitcoin will still fall to the $20k price level, but not in the near future considering that there are still many large investors who hold bitcoin at the moment and I'm sure they won't let the price down easily
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April 26, 2021, 08:12:05 AM
 #74

There's no way it will happen especially on this current ATH.  Indeed its too far and every break out there's always a strong resistance or bottom stage FYI.

Well that's what we all what, we want a scenario that the price will never fall that low and it shouldn't naturally but you can never tell. Anything is possible in the industry, that's one fact that we should always keep in our mind before supporting or attacking a speculation. You can never know what fud the government are cooking up next.

The old tricks are no longer working that's why the fud haven't been coming up of recent but let that not decieve you that they're now on the same ships as the enthusiast. Also another economy disaster could dump the price to that value without days just like what we experience with the pandemic market crash.

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April 26, 2021, 08:21:27 AM
Last edit: June 12, 2023, 01:24:11 AM by STT
 #75

Why does it have to move in one go to either extreme, anyone who trading on the basis they dont know everything which is most of us has to consider a buy on lows in order to avoid missing future highs.   There is a reasonable low, the point to consider now is the strength of the move which is probably around this 53k mark.   The weekly average is in this area so I would use that as easy reference we need to pass and hold that measure to keep momentum to the upside in this current recovery attempt.



20k can I dont disagree but also the way its viewed and I would expect it only as an extreme held briefly not some point to hold as a majority objective.  Just getting to 40k was my expectation this time.

GRaph shows we fell, we slowed the rate of descent and then we put in a bottom price outside the trend and rose.  Now it has prior selling volume to navigate to continue, no doubt traders will take profits several times and it wont move simply in one direction up or down.

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April 26, 2021, 11:31:47 AM
 #76

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
Well the best strategy is to wait for the very best time to buy, bullish market comes with the big risk so we need to have patience and wait for the best time to buy bitcoin, but there are still so many alternative way to earn in crypto we can do trading,buying some altcoin,etc,.For now the best way to earn is to buy some altcoin that has a capability to rise in the near future, example of some altcoin are BNB, DOGS,DOT,XRP,etc,.Those coins are good altcoin that can maybe rise soon and there's a lot more just choose the best to earn.
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April 26, 2021, 12:45:42 PM
 #77

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
So when was this happening?

20k? what if not comes? will you replace our losses?

how dare you to tell people to wait for 20k level but you know nothing about the market.









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April 29, 2021, 05:32:08 PM
 #78

I think the bull run is not the end. I prefer buy good altcoins now and hold it. I am waiting for altcoin raising.

I bought few altcoins 2 days before when bitcoin price dumped but today again those altcoins are dumping more because bitcoin is unable to stay above 50,000$. I think its still risky to invest in altcoins right now because they can still dump further. The fate of altcoin season now depends upon the bitcoin price. If bitcoin fall to 43-45K, i think altcoins season will be over.
We know that any movement that happens on bitcoin gets amplified in altcoins and the market conditions are very difficult at the moment, while I think that sooner or later the price of bitcoin will keep climbing this is one of those points in which the market is unstable and can move in one direction or the other relatively quickly and you do not want to be caught invested in altcoins when that happens.

Now if you invested in good altcoins then you can just stay put and hold them until the situation with bitcoin improves, but if you bought altcoins that exist just for the sake of speculation then you may want to get rid of them before you get badly burned.
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April 29, 2021, 06:39:22 PM
 #79

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.
You mean buy now even at a correction level is still a bad idea?, where are you from man?, i though buy at correction should be encourage than at bull-run. If bitcoin price drop to that level you predicted @- $20k, what "%" do you think we will be talking about?, it's better to wait for the 30% most of you predicted.
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.
but is good time to buy altcoins that can make you x2-5x
Even the altcoins you are advising doesn't give guarantee these days because the market of the altcoins do react negatively to bitcoin movement sometimes. 

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April 29, 2021, 07:24:14 PM
 #80

You mean buy now even at a correction level is still a bad idea?, where are you from man?, i though buy at correction should be encourage than at bull-run. If bitcoin price drop to that level you predicted @- $20k, what "%" do you think we will be talking about?, it's better to wait for the 30% most of you predicted.
I think bitcoin is still possible to go down to the $20K level in the future, but not for now. Price increase are still possible at this time even though the market appears to be experiencing a correction. There is still a lot of support from institutional investor at the moment and therefore I don't think bitcoin price will drop below $40K any time soon. Some information says that Tesla sold some of the bitcoin they owned between January and the end of March and those are some of the reason why the correction occurred. I believe only big sale will bring bitcoin down to $20K.
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