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Author Topic: Bitcoin can not crash  (Read 713 times)
imstillthebest
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May 22, 2021, 05:41:41 AM
 #61

if btc cant crash the price would be in $35,xxx.00  .
 there are people that want to up the btc and theres also people that want to down btc for their own good but they dont have intention to delete btc because they cant earn anymore if they do that .
theres no reason to be scared but you shouldnt hesitate to buy during this times because this wont last long but in your case it seems that you entered in a wrong time . my only advice is keep on hodling
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May 22, 2021, 06:16:36 AM
 #62

I also believed this is not crash but a healthy corrections hence bitcoin went a lot for couple of months ago and this is the best possible scenario of correction we have right now. With all these FUD ongoing right now it only affect people who are faint hearted and panic sells when they hear some bad news about crypto. In short, this dips is a buying opportunity as always.

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May 22, 2021, 06:51:13 AM
 #63

Every people talking about bitcoin will crash and dip into 25k but I think it will go higher up to 100k.
Seems to like before one year ago it's dip to 16k again it pump to 65 k

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May 22, 2021, 09:28:12 AM
 #64

Yes, it is a volatile investment. It's a very risky investment. We know that anything can happen at any time. But we also know that Bitcoin is the fastest growing and best performing investment in history. We need to focus on this. We know that it has a digital scarcity value that you cannot easily imitate. And then, we also know that, at the end of the day, it's going to be very difficult to ban Bitcoin or ban cryptocurrencies entirely.

This is a great opportunity to get involved, as I'm not sure it's going to last forever.
Indeed. We hope people who want to invest in bitcoin can learn more about bitcoin while they invest some money in bitcoin to prevent panicking or worrying about the price volatility. If people can have knowledge about bitcoin, they will see how big the potential of bitcoin they can get and give them a big profit.

In this volatility, people will have a chance to buy more at a low price because this price is really deepest than the price in the last weeks.

Nowadays, like any technology, bitcoin is facing lots of critics and being a relatively new thing, there are lots of things that can go wrong. Bitcoin is still not as widely accepted as credit cards. It is not legal in many countries and I can understand the need for another system to protect people against theft and fraud. These are the obstacles this new technology will have to overcome in the future.
I hope that investors can learn more about bitcoin while investing some money in it so as to prevent panic or concern about volatility. What I do not understand is how people can be so gullible and pliable? How can a single tweet affect the price so much?

Although Bitcoin is an interesting technology with great potential, I can't predict what it will look like in 10 or 20 years. But it's interesting for the moment. Again, I wouldn't put all your life savings on something as volatile as bitcoin, especially when you don't know if the authorities will ever allow it to be accepted everywhere.

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Kong Hey Pakboy
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May 22, 2021, 09:37:35 AM
 #65

Every people talking about bitcoin will crash and dip into 25k but I think it will go higher up to 100k.
Seems to like before one year ago it's dip to 16k again it pump to 65 k
To be honest it could go anywhere and we have no clue what happens next, they might be right or you might be right. 100k isn't a far fetch price though, there still a lot of months left for it to happen this year.

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May 22, 2021, 09:51:02 AM
 #66

if btc cant crash the price would be in $35,xxx.00  .
 there are people that want to up the btc and theres also people that want to down btc for their own good but they dont have intention to delete btc because they cant earn anymore if they do that .
theres no reason to be scared but you shouldnt hesitate to buy during this times because this wont last long but in your case it seems that you entered in a wrong time . my only advice is keep on hodling

I am unable to understand what you are saying. If you could rephrase that, it would be greatly appreciated.
How can someone delete btc? What did you mean by that?

R


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Miaallen
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May 22, 2021, 09:56:46 AM
 #67

I believe those with powers to crash cryptocurrency can do it. The Chinese government announced a clamp down on crypto investment in the country and if every other government do the same, nothing will stop the crash of Bitcoin. And on selling your properties to invest in Cryptocurrency, you have already goofed in the first caution of crypto investment. You should only invest what you can afford to lose to always avoid the story that touch.
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May 22, 2021, 10:08:22 AM
 #68

From what i have notice people are planning to crash cryptocurrency and if Bitcoin crash what is the benefit of people who is against the development of digital currency, it astonished me that a man called Elon musk is fighting cryptocurrency for no relevant reasons, is that government is using Elon to remove crypto in line of currencies?

I'm afraid of the way all the crypto is reducing in price, now that i join digital cryptocurrency fully with my family and sale some of my properties to invest into crypto, it's when Elon musk will bring scandal into cryptocurrency.
I don't have any fear at all and you shouldn't too because I believe that all these people creating these fuds are the ones buying up the dips that most people like "YOU" are selling to them and this is no disrespect. Think about it,  Where is the Bitcoin that are been sold go to? of cause in the Wallet of others that understand what is going on, accumulating for future massive gains so I refuse to be pushed out and will be part of that future Gainers.  Cool
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May 22, 2021, 10:13:34 AM
 #69

I believe those with powers to crash cryptocurrency can do it. The Chinese government announced a clamp down on crypto investment in the country and if every other government do the same, nothing will stop the crash of Bitcoin. And on selling your properties to invest in Cryptocurrency, you have already goofed in the first caution of crypto investment. You should only invest what you can afford to lose to always avoid the story that touch.
A sort of manipulation will certainly be going to happen and Elon Musk did this. But I never think that the future of Bitcoin lies in their hands as I still believing that despite this dump, it will recover then. In fact, we are up now after a huge crash down to $32k, we are moving back at $40k. So we can say that these rich people can't really take everything we had in the market. Only they can afford to do is to dump but not in a way they can control the entire market.

So, there is nothing to worried about, even this Chinese Government can't do that.
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May 22, 2021, 11:27:56 AM
 #70

Bitcoin and others crypto is high risk investment with high profit potential. So never going all in crypto. Maximum 2%-5% from all asset is already high portfolio for crypto. Not only risk of high fluctuacion, scammer and hacker also one of the bad thing in crypto space. From the history of bull season before, this market should be bounce back soon or later because crypto bull season did not over. But this analysis no one can guarante, but in the long run crypto market has big potential to keep grow because this market still young compare stock market and gold.

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michellee
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May 22, 2021, 02:07:01 PM
 #71

Yes, it is a volatile investment. It's a very risky investment. We know that anything can happen at any time. But we also know that Bitcoin is the fastest growing and best performing investment in history. We need to focus on this. We know that it has a digital scarcity value that you cannot easily imitate. And then, we also know that, at the end of the day, it's going to be very difficult to ban Bitcoin or ban cryptocurrencies entirely.

This is a great opportunity to get involved, as I'm not sure it's going to last forever.
Indeed. We hope people who want to invest in bitcoin can learn more about bitcoin while they invest some money in bitcoin to prevent panicking or worrying about the price volatility. If people can have knowledge about bitcoin, they will see how big the potential of bitcoin they can get and give them a big profit.

In this volatility, people will have a chance to buy more at a low price because this price is really deepest than the price in the last weeks.

Nowadays, like any technology, bitcoin is facing lots of critics and being a relatively new thing, there are lots of things that can go wrong. Bitcoin is still not as widely accepted as credit cards. It is not legal in many countries and I can understand the need for another system to protect people against theft and fraud. These are the obstacles this new technology will have to overcome in the future.
I hope that investors can learn more about bitcoin while investing some money in it so as to prevent panic or concern about volatility. What I do not understand is how people can be so gullible and pliable? How can a single tweet affect the price so much?

Although Bitcoin is an interesting technology with great potential, I can't predict what it will look like in 10 or 20 years. But it's interesting for the moment. Again, I wouldn't put all your life savings on something as volatile as bitcoin, especially when you don't know if the authorities will ever allow it to be accepted everywhere.
It is normal if bitcoin facing a lot of critics because as a new thing, people need to search for what benefits of bitcoin to them and they need to familiarize themselves before they use bitcoin as they use fiat money or credit cards. I am sure this obstacle will not reduce the adoption of bitcoin as soon, people will see that bitcoin can be their alternative to make money and be their new investment. People themselves will not think too much about the volatility and will understand the beauty of bitcoin.

We never know what will happen in the next 10 or 20 years later as that will be too long for us to wait and we do not know if many of us will still live just to see that. It will not be suggestible to put all of our life savings to invest in bitcoin because we still use fiat money and many countries are not accepting bitcoin yet. So maybe we need to make a plan on how much money we should invest in bitcoin and how long we will sell bitcoin.

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May 23, 2021, 01:59:12 AM
 #72

Bitcoin could crash since there's nothing impossible in this world. It really depends on the market whether Bitcoin still become the best currency (decentralized, pseudonymous, safe etc) so people can still interested to buy Bitcoin. If someday in the future will we see another new currency with new technology that even better than Bitcoin (it's unlikely IMO) people might interested with the new currency in the long run when they can start trusting Bitcoin after 7-8 years like Bitcoin reach it's past ATH on $20K.
If it refers to that nothing is impossible in this world and can happen, then obviously no one can evade, because everything is clear that it can happen. but we are given a way of thinking which must also be realistic and reasonable.
as long as there is crypto, I can be sure that bitcoin will still be in control and continue to exist, because the two sides create harmony.

but at other times there may be at certain times there will be new rivals that may be the same as crypto or can be simpler and able to adopt the needs of all who need it, and we do not know what form and what mechanism will occur. but as long as there is no certainty that bitcoin is still a mainstay today.
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May 23, 2021, 03:29:47 AM
 #73

It is impossible for Bitcoin to decentralize to collapse. All that is to be done is to buy on dips.
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May 23, 2021, 02:29:51 PM
 #74

From what i have notice people are planning to crash cryptocurrency and if Bitcoin crash what is the benefit of people who is against the development of digital currency, it astonished me that a man called Elon musk is fighting cryptocurrency for no relevant reasons, is that government is using Elon to remove crypto in line of currencies?

I'm afraid of the way all the crypto is reducing in price, now that i join digital cryptocurrency fully with my family and sale some of my properties to invest into crypto, it's when Elon musk will bring scandal into cryptocurrency.
So it is true that there are some people who is willing to sacrifice what they have like personal properties just to invest in gambling or crypto , etc. Me personally I am really afraid to lose even my $1 because my properties and my money is very important to me. Knowing that crypto is very risky, I will not do the same thing as you did. But since you're already in your situation, juat have patience until the market recover so you will not cut your losses and still gain profit. Then do not repeat the same thing again like selling your properties. It is not that easy to earn in crypto.

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May 23, 2021, 03:35:15 PM
 #75

don't let the current FUD weaken your hands, keep them diamond hands strong, it will pay off. there is a reason as to why people say the rich get richer and the poor get poorer. i've ignored btc for awhile but did research on the side over sometime. it's clear as day what's happening in this bear season, but only for those that have the eyes to see it and the hands to hodl.
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May 23, 2021, 10:49:20 PM
 #76

There is no assurance even how strong or powerful a cryptocurrency is even if we are talking about Bitcoin. What the OP have done is a big gamble staking all that his family have for the sake of investing into Bitcoin believing that it will not crash no matter what. Well, that is pretty impressive to sum up having a strong will and belief but it will be too much putting all you have in line just to prove you are right because once declination comes into Bitcoin which can really happen because it is not always just up trend, your family as well as those you stake will suffer. Be a responsible investor to know your limitation of investing only what you can afford even you do believe so that Bitcoin will not certainly crash.

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May 23, 2021, 11:04:42 PM
 #77

There is no assurance even how strong or powerful a cryptocurrency is even if we are talking about Bitcoin. What the OP have done is a big gamble staking all that his family have for the sake of investing into Bitcoin believing that it will not crash no matter what. Well, that is pretty impressive to sum up having a strong will and belief but it will be too much putting all you have in line just to prove you are right because once declination comes into Bitcoin which can really happen because it is not always just up trend, your family as well as those you stake will suffer. Be a responsible investor to know your limitation of investing only what you can afford even you do believe so that Bitcoin will not certainly crash.

What I am afraid is that people cannot limit themselves when investing in Bitcoin, it must be remembered that something excessive is not good.
I am one of those who really believe in the future of Bitcoin, but on the other hand I also have to be a responsible investor. Don't let us risk everything
on Bitcoin, we need to invest in Bitcoin according to our respective capabilities. Always remember to invest money that we can afford to lose.

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patientforzhou
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May 24, 2021, 03:06:05 AM
 #78

It is indeed falling, but if you hold it, you will definitely come back.
jellylily
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May 24, 2021, 03:13:53 AM
 #79

I don’t think op is too worried about Musk’s impact on Bitcoin. I think Bitcoin will continue to rise. I still haven’t sold my cryptocurrency because I believe Bitcoin will not be manipulated by Musk. It belongs to us. , And not belong to Musk.
BETTY B
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May 24, 2021, 03:33:45 AM
 #80

This is only temporary, and the Bitcoin market will return to the bull market again.
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