Will BTC fall below $30,000? The high-yield risk opportunities are in MEME?

[carlisle1]

Looking at the trend,  you can see that bitcoin will fall below $30000. The downward spiral of price of bitcoin is inevitable in the short to medium term.  I think we need to brace up for wild swing especially for those that are holding bitcoin from $50000 to $60000 range.  On the flip side,  bitcoin low price is an opportunity to accumulate and secure your position!

If you have good insight then the chance is always open for you to grab, volatility really showing high
risk for your investment you need to go deeper before taking any actions in terms of investing to any assets that you like.

Bitcoin low price is not always there, once the market start to gain support bull will run as fast as it can, leaving those aspiring
investors be left behind and regret the chance that they've missed.

Do your research, taking the risk with any coins around depends from how you  understand the project and it's potentials.

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[Vishnu.Reang]

can and it happened yesterday. bitcoin fell below 30k, to be more precise bitcoin touched 29k. but there hasn't been a day, the price has returned to the top. this proves that bitcoin is strong enough to withstand a fall. and meme are not opportunities, it's just momentary hype. so it won't move the market. so it won't help bitcoin.

It just means that the support levels are strong, even if we are in a bearish phase now. Institutions and whales are using the dips to increase the size of their holdings. And during the meantime, the individual investors are picking useless shitcoins at inflated prices. Only time will tell which one of these strategies are right. Some of the shitcoins sailed to market caps in excess of $50 billion, without any involvement from the institutions. Now I don't know when the dump is going to happen.. but once it is triggered it is going to be bloodbath in the alt market.

[masterrex]

I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?

After all, there is only 1-3 times the room for BTC to increase. Memes coins such as Dogecoin, SHiba, Dogira, TadPoleTADP and other animail coins have even higher declines, and rebound gains will be dozens of times. maybe? What do you think?

I think meme coins are relatively riskier compared to other coins/tokens in the market because I believe they have no real demands and mostly run by speculations that's why all of their gains are only temporary meaning in the nearest possible time it may become zero value so think first before you are going to invest in those meme coins especially in this very challenging times in the crypto industry, why just invest in more stable cryptocurrencies which is has a real value. It's just advice base on my personal experience lately from a BSC meme coin that has Trillions of supply that ends up losing my BNB.      

[wmaurik]

Yesterday dropped under 30k but looks like no more weak hands so we see recovering today. I dont expect drop under again.

Yes, now that Bitcoin price has passed $34K again with a few percent gain followed by all Altcoins, in general the market is starting to look green again, but I can't say for sure if this is a sign of recovery for the market.

[ChaoChibai]

the question, why people buy more meme coin instead buying the real coin , a meme coin has got negative perspective , from doge has been abandoned by elon musk it self as a doge father , i dont think meme coin will get attention from investor if the market rebound , they probably buying cheap coin but good , such as Dent , MFT , or even Wager.

well this is so true, I also dont get it why people buy more meme coin rather than real coin. I prefer and suggest to buy real coin that has a good prospect. There are so many coins that fulfill the criteria such as IOTA and ARPA.

[southerngentuk]

In my opinion these short trend coins won't last long in this space.
there will be new trends emerging and then we will know what it is but for now I still think NFT will come back.

[NewRanger]

the question, why people buy more meme coin instead buying the real coin , a meme coin has got negative perspective , from doge has been abandoned by elon musk it self as a doge father , i dont think meme coin will get attention from investor if the market rebound , they probably buying cheap coin but good , such as Dent , MFT , or even Wager.

well this is so true, I also dont get it why people buy more meme coin rather than real coin. I prefer and suggest to buy real coin that has a good prospect. There are so many coins that fulfill the criteria such as IOTA and ARPA.

it caused more speculator coming than true investors in crypto market now, most of them trying to speculate their money into hot project that be trend now  and this is MEME coins. just look at Doge market capitalization and trading volume , it soar extremely since elon musk shill it in his twitter. and MEME coin investors still put their big hope could repeat the last moment to gain maximum profit. so for them , utility or usecase not important anymore, the first point is how to multiply profits in short term.

[cryptomaniac_xxx]

I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?

After all, there is only 1-3 times the room for BTC to increase. Memes coins such as Dogecoin, SHiba, Dogira, TadPoleTADP and other animail coins have even higher declines, and rebound gains will be dozens of times. maybe? What do you think?

Depends on your goal:

Long term, I think bitcoin will outshine this meme coins, actually some of this meme coins are already dead. But devs keep on reinventing the wheel and releasing copy cats, but the goal is the same, make a quick money out of the market from noobs. And then repeats the cycle.

So for me it's better to put your money on altcoins in the top 10. Unless you really knows how to make money out of the meme coin craze.

[wmaurik]

well this is so true, I also dont get it why people buy more meme coin rather than real coin. I prefer and suggest to buy real coin that has a good prospect. There are so many coins that fulfill the criteria such as IOTA and ARPA.

True, but the original coin is also not only about IOTA and ARPA, because the ones in the top five cryptocurrencies ranking are all genuine and it's still much better than the two coins you mentioned.

[isaac_clarke22]

~

Well just take the first word "meme".
Remember how memes in social media like Troll Face, Me Gusta, B Please just died out few years forward.
That is just how I see these meme coins as well. It was called meme for a reason anyway.

[distr@yopmail.com]

well this is so true, I also dont get it why people buy more meme coin rather than real coin. I prefer and suggest to buy real coin that has a good prospect. There are so many coins that fulfill the criteria such as IOTA and ARPA.

True, but the original coin is also not only about IOTA and ARPA, because the ones in the top five cryptocurrencies ranking are all genuine and it's still much better than the two coins you mentioned.

when the price of BTC drops very deep even when it reaches $25k it will also affect all the altcoin assets in the market. $30k is still safe for now. even we can see today BTC is moving up again. and alert immediately determines your attitude. because after that there will be a decline that occurs.
this situation has happened maybe more than 5x in the last month. and that makes it difficult for altcoins to fix their prices. even for the assets you mentioned.

[freedomgo]

well this is so true, I also dont get it why people buy more meme coin rather than real coin. I prefer and suggest to buy real coin that has a good prospect. There are so many coins that fulfill the criteria such as IOTA and ARPA.

True, but the original coin is also not only about IOTA and ARPA, because the ones in the top five cryptocurrencies ranking are all genuine and it's still much better than the two coins you mentioned.

when the price of BTC drops very deep even when it reaches $25k it will also affect all the altcoin assets in the market. $30k is still safe for now. even we can see today BTC is moving up again. and alert immediately determines your attitude. because after that there will be a decline that occurs.
this situation has happened maybe more than 5x in the last month. and that makes it difficult for altcoins to fix their prices. even for the assets you mentioned.

We've seen the effect already, even if we are still holding at $30k, some altcoins are already dropping in value. This only shows one thing, the interest of the investors is already gone, especially the fresh money or the newbie in the market, they just come and go and it usually happens during the bull market.

The question now is, are we still gonna see a bull market this year? The answer is obviously no, it's correction time, not a bullish time.

[tvplus006]

... If the market changes to a big bull market, does it mean that meme coin has better returns? ..

If the bull run continues, such altcoins have a chance to restore the price. But not all coins will get this chance, but only some of them. From your list, a good profit can be obtained from investing in the time-tested Doge. But at the same time, you should not spend your entire deposit on buying this coin.

[radjie]

well this is so true, I also dont get it why people buy more meme coin rather than real coin. I prefer and suggest to buy real coin that has a good prospect. There are so many coins that fulfill the criteria such as IOTA and ARPA.

True, but the original coin is also not only about IOTA and ARPA, because the ones in the top five cryptocurrencies ranking are all genuine and it's still much better than the two coins you mentioned.

when the price of BTC drops very deep even when it reaches $25k it will also affect all the altcoin assets in the market. $30k is still safe for now. even we can see today BTC is moving up again. and alert immediately determines your attitude. because after that there will be a decline that occurs.
this situation has happened maybe more than 5x in the last month. and that makes it difficult for altcoins to fix their prices. even for the assets you mentioned.

from there we have to be more careful in determining what altcoin we will choose, because most altcoins when there is a decline in Bitcoin will all follow the flow of the price movement. even more so with coin memes that are able to increase in value because they are caused by people who have great influence so that to be able to benefit from it is only based on a momentary sensation because its popularity is influenced by the institution

[Kez1817]

All coins seems to be low now even the memes coins I don't think rebound will happen anytime soon, some where still waiting for the price to get lower 30k to buy back. Hopefully it will not fall that much since it may cause breakdown to others especially those who buy BTC during it's pump earlier this year

Those who bought their bitcoin during it's pump has nothing to do but to hold their bitcoins tight. We don't know if what is the bottom line of this bear market. If ever the market will continue to drop, it's a good opportunity to buy more and wait until the market will bounce back.

[sapnu]

If we were to cosider the recent news about bitcoin, we can tell how will it go for its price for the next few months. China pushing through the restriction of crypto services and El Salvador regulating bitcoin and other crypto within their nation, these two are just few of the news related to bitcoin yet it causes confusion on whether the bull market will exceed to the top once again or the price will fall below $30k. Nevertheless, those lucky once who was able to buy during the dip should just keep on holding on, the price will get back soon just have faith and have perseverance whilst waiting.

[South Park]

I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?

After all, there is only 1-3 times the room for BTC to increase. Memes coins such as Dogecoin, SHiba, Dogira, TadPoleTADP and other animail coins have even higher declines, and rebound gains will be dozens of times. maybe? What do you think?

You are only looking at this from the scenario in you can make incredibly profits with those coins and I will not deny that is in fact a possibility, however the most likely scenario is one in which you lose all your money by investing in those coins, I know this is not something that people want to listen to but it is the truth and if people refuse to listen to this then this is an scenario that is going keep repeating itself since something like this happened as well during the previous bull run and it will happen again leaving millions of investors with losses from which it will be impossible to recover.

[bhadz]

That's unsure if the meme coins will be more than the good coins in terms of profit. But as we're uncertain about that, we have to make sure that we've invested in bitcoin as the sole crypto of our stashes.

From my opinion, meme coins will go down a lot when BTC dives to $30

They're just following bitcoin and they'll also drop if btc drops.

[rodskee]

I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?

After all, there is only 1-3 times the room for BTC to increase. Memes coins such as Dogecoin, SHiba, Dogira, TadPoleTADP and other animail coins have even higher declines, and rebound gains will be dozens of times. maybe? What do you think?

4 days after this post the price of Bitcoin fall down to below 30k and actually the price  drops 28,000 $ and that made the market shaken wildly recently .
But good that market recovers and now at least playing from 33,000-35,000 once again.
but we are looking to at least 40-50k this 3rdquarter  so the only decision making is when the 4th quarter arrived .

[lienfaye]

If the market changes to a big bull market, does it mean that meme coin has better returns?

In general most coins are soaring high during bullish season but im not certain about meme coins as it depends on the utility and community of the particular project. Its true that you can gain more but its a high risk investment compared to well-established coins in the market. But what im certain is meme coins cant recover back if they plunged hard because it has no use case and just relying on hype.