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August 10, 2022, 07:31:33 PM |
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Bitcoin price is not $1000. If it's $5000 too I'll buy at least 10 bitcoins in any way. I will sell my property in need. However, I will not miss this opportunity. Because we all believe in Bitcoin and think that it can never be a scam. So it is very unprofitable to invest in dip here
First of all I also think it's never gonna be a really happened any time now and secondly I was also think that the same way you think. I will buy more than 5+ btc if it's ever came to 1000$ because I have effort that much now . If it really went down that low, maybe I would have bought more bitcoins by borrowed and held them for eight to ten years. I also think that most of the wise people who have connected to Cryptocurrencies they have same opinion like this .
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coinfinger
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August 10, 2022, 08:51:47 PM |
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If I am being honest, I would probably be asking for a loan right now or I hope that I have spare money so I can buy myself a decent amount or maybe even buy a full amount of bitcoin, I think but that's just wishful thinking, I don't think bitcoin will ever go to that but if it does, I hope that I have fiat to buy myself some bitcoin.
If it happens I think it will happen slowly so before we drop to 1k, you already have a money with you because you already know that price are going to head that way. There is no need for you to take loans. That is risky because what if the price drops evenly? And can take a long time to recover. You will either sell at a loss only to have a sufficient amount because you already have a small amount on your hand which you get by working and doing side hustles. Even if btc didn't go 1k, we can still be able to buy btc at cheap like what we have right now or last time when the price fells of at 16k. If we can regularly buy btc at the dip, it is always possible to reach 1 btc or more.
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coolcoinz
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August 10, 2022, 09:54:20 PM |
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First of all I don’t think bitcoin will ever hit $1000 again, certainly not in our lifetime. If it did though, I would be worried because I have a lot of money stored in bitcoin. Once the worry passed though I would most likely put every fiat I have in because it’s he a great opportunity to make very easy profit.
It won't go there because of the mentality of people like you and me. The DCA method is becoming more popular and people are worried by drops but they really want to have more bitcoins and this drive is strong enough to keep bitcoin afloat for a long time. Bitcoin lost 70% and people are still buying it. If it lost 80% there would be more people buying and such are the laws of the free market that sellers cannot keep selling indefinitely. They will run out of money and then people who DCA will slowly push us back up. The lower we fall the more time it will take but it will happen.
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Quidat
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August 10, 2022, 10:22:29 PM |
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First of all I don’t think bitcoin will ever hit $1000 again, certainly not in our lifetime. If it did though, I would be worried because I have a lot of money stored in bitcoin. Once the worry passed though I would most likely put every fiat I have in because it’s he a great opportunity to make very easy profit.
It won't go there because of the mentality of people like you and me. The DCA method is becoming more popular and people are worried by drops but they really want to have more bitcoins and this drive is strong enough to keep bitcoin afloat for a long time. Bitcoin lost 70% and people are still buying it. If it lost 80% there would be more people buying and such are the laws of the free market that sellers cannot keep selling indefinitely. They will run out of money and then people who DCA will slowly push us back up. The lower we fall the more time it will take but it will happen. For sure there are people who would be trying and investing as long they would accumulate lots if this time would come where we do able to accumulate bitcoin as much as we could because we've set into our minds those past opportunities that we had missed which i couldnt blame if people would be thinking up the same way if we do able to see bitcoins price like this low which is something that you cant really see often or does have the opportunity to buy cheap once again.If it reaches 1k then there's something wrong on it and lots of speculations and talks around.
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mich
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August 12, 2022, 06:12:10 AM |
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I would definitely feel a bit let down if BTC dips to $1000. So many experts predicted big things for Bitcoin so it would definitely be a bit of a surprise. The reality is I would never sell my coins so if it did hit 1k I would just hope it’s a correction and hold on.
I’m a huge believer in the power of the blockchain and I don’t see BTC ever staying at 1k for long. I suppose if it did dip below 1k, I would consider picking up more coins.
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Betwrong
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August 16, 2022, 09:09:43 AM |
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I would definitely feel a bit let down if BTC dips to $1000. So many experts predicted big things for Bitcoin so it would definitely be a bit of a surprise. The reality is I would never sell my coins so if it did hit 1k I would just hope it’s a correction and hold on.
I’m a huge believer in the power of the blockchain and I don’t see BTC ever staying at 1k for long. I suppose if it did dip below 1k, I would consider picking up more coins.
The most part of the people in this thread, and on this forum in general, would do the same if the price of BTC dropped to $1k. Not so much in the rest of the world. If you ask me, I think the rest of the world would start buying only seeing that the price started climbing up again. And then BTC would end up at a new ATH.
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capedbaldy
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August 16, 2022, 10:13:04 PM |
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The most part of the people in this thread, and on this forum in general, would do the same if the price of BTC dropped to $1k. Not so much in the rest of the world. If you ask me, I think the rest of the world would start buying only seeing that the price started climbing up again. And then BTC would end up at a new ATH.
Surely the whole world will buy Bitcoin without exception for those who are already familiar with Bitcoin even if they are beginners in crypto knowledge, because we believe there will be no second chance for the price of $1k in the future again, unfortunately we are only talking wishful thinking because the price of bitcoin will never go down even for $10k.
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Mahanton
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August 16, 2022, 10:43:46 PM |
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The most part of the people in this thread, and on this forum in general, would do the same if the price of BTC dropped to $1k. Not so much in the rest of the world. If you ask me, I think the rest of the world would start buying only seeing that the price started climbing up again. And then BTC would end up at a new ATH.
Surely the whole world will buy Bitcoin without exception for those who are already familiar with Bitcoin even if they are beginners in crypto knowledge, because we believe there will be no second chance for the price of $1k in the future again, unfortunately we are only talking wishful thinking because the price of bitcoin will never go down even for $10k. Are you sure? How about to those people who would really be that on fear on buying out and thinking that there might be something wrong because the price wont really be dipping that low if there's no big issues or events that is happening in the market? For sure there would be other altcoins in the market will really be overtaking bitcoins value on that time unless if the whole crypto market would be having that huge decline or crash then it would be understandable that there's really something happening and this is impossible that everyone would be still having those kind of considerations on buying lots. For sure the main thing that would be playing into their minds is that "What if the price would go back to $100?" Missing out opportunities or would be ending up on holding just because you do able to buy on higher price.
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Road21Bitcoin
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August 17, 2022, 01:35:15 PM |
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I think Bitcoin will never reach the price point of $1000 again we're already in a booming phase. People now are aware about Bitcoin it's a matter of time that the whole world will adapt to its trend. If ever the price of Bitcoin crashes below $20k I'll buy no matter what because it's an opportunity to make a fortune. It's a lesson for me if every time Bitcoin price crashes it's time to buy and some alts then hold it, wait for the time to sell it.
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Rufsilf
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August 17, 2022, 11:14:49 PM |
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I think Bitcoin will never reach the price point of $1000 again we're already in a booming phase. People now are aware about Bitcoin it's a matter of time that the whole world will adapt to its trend. If ever the price of Bitcoin crashes below $20k I'll buy no matter what because it's an opportunity to make a fortune. It's a lesson for me if every time Bitcoin price crashes it's time to buy and some alts then hold it, wait for the time to sell it.
If you say under $20k it's still very possible. The market is still in a bearish state and some manipulation of the whales also affected the market sentiment to go down. Buying again under $20k is a good recommendation, but don't wait for the $17k support to pass so you can wait for the $14k-$15k price. Only need to prepare spare money to buyback bitcoin and some other assets. However to reach $1000 is still impossible for now. I will sell all my properties if bitcoin drops to $1000 again. And it wasn't sure if we drops back below $20k again after seeing the market is stabilized above $22k. It was the best choice for now is to take this price and never wait for the $17k as it was unlikely to happen anymore. $1,000 again? We're not ending yet. Perhaps the market is even growing and prices keeping high compared to 10 years ago, we're not coming back for that very low price as the demand steadily growing. We are supposed not to think about it as the market is changing its direction upwards, it is not going down.
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Rigon
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August 17, 2022, 11:38:56 PM |
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But when Bitcoin stayed at $69k we had so much fun that I was always smiling.When Bitcoin dumped $17,000, we expected it to fall below $10,000.A depression works in us a pain that feels very bad.In fact many people invest to make some profit from it but when the market goes down it creates a lot of instability and depressing pain in everyone.But if Bitcoin stays within a thousand dollars, the same kind of pain and frustration will work.
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milewilda
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August 17, 2022, 11:44:09 PM |
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But when Bitcoin stayed at $69k we had so much fun that I was always smiling.When Bitcoin dumped $17,000, we expected it to fall below $10,000.A depression works in us a pain that feels very bad.In fact many people invest to make some profit from it but when the market goes down it creates a lot of instability and depressing pain in everyone.But if Bitcoin stays within a thousand dollars, the same kind of pain and frustration will work.
On the time that you had made yourself on buying into those peak price or even shall we say even buying on 50k and currently looking on the price then it cant really be avoided not for you to be not to get stressed nor even panic towards your investment.We do normally feel up FOMO if we do see prices are on breaking ATH's and we do panic when its declining or crashing which it would really be creating that kind of presumptions that we might even go more lower in upcoming weeks or years to come.If ever bitcoins price hits up $1k then lots will really be having that mind boggling questions that this might be the end of Bitcoin and might be replaced by something better and if not then it would be the best time to accumulate as much as we could since it is way more cheaper and chances like this doesnt really come often.
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CryptoHeadlineNews
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August 18, 2022, 07:58:02 PM |
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One fact is that even if bitcoin should drop to $1000 there are still people who would not invest in it.
That's definitely the truth, and you can't blame or force them, as everyone is entitled to his/her decision. But am still having a little doubt that Bitcoin can never fall to the level of $1000, or unless World War III happens which causes global economic crisis, then that's the only thing that could drastically affect the price of Bitcoin. Because I'm sure there is going to be a massive purchase if Bitcoin happens to fall to $10k, which will actually result to increase in price to bounce back instantly to normal
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Oasisman
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August 18, 2022, 08:05:55 PM |
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One fact is that even if bitcoin should drop to $1000 there are still people who would not invest in it. For the I guess the answer is as simple as i'd invest through DCAing as I have found it the most efficient method of investing in bitcoin that keeps me sane. However, this is just a pipe dream that only exist in our imagination and wishes.
Another fact is that people who's been here for quite a long time would quickly fill their bags when that happens. I have remembered there were still a lot of people who risks their money in hopes for Luna to pump back, but nah that's a no brainer as that alt died the moment it collapsed. However, Btc is most probably not going to drop that far. Number one reason would be the same reason as I have stated above. In fact, right before Btc hits $10k, it would most probably bounce back because just like what you said, DCAing is by far the most effective way in investing to Bitcoin.
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nullama
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August 18, 2022, 11:29:55 PM |
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~snip~ Another fact is that people who's been here for quite a long time would quickly fill their bags when that happens. I have remembered there were still a lot of people who risks their money in hopes for Luna to pump back, but nah that's a no brainer as that alt died the moment it collapsed. However, Btc is most probably not going to drop that far. Number one reason would be the same reason as I have stated above. In fact, right before Btc hits $10k, it would most probably bounce back because just like what you said, DCAing is by far the most effective way in investing to Bitcoin.
The thing is that if you understand Bitcoin, and for some external reason the price is somehow very low for today's standards, then you would realize that it's a great opportunity to buy Bitcoin for cheap. Bitcoin will continue to work as expected, yet there are constant attacks against it, and some of those attacks will include trying to manipulate its price. At the end of the day, Bitcoin is simply the best money ever invented. If it's being sold at $1000 then that's just a sale.
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uneng
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August 18, 2022, 11:51:13 PM |
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Bitcoin at 1000$ price range looks pretty bad and concerning for crypto world. It means many exchanges and related businesses are failed, lots of people losing their jobs and lots of investors losing tons of money. If that happened, I would expect bitcoin to reach even deeper levels until completely dying. Then we must ask ourselves where all the money circulating in crypto market right now would go on that case.
Maybe to another cryptocurrency? New investment category or technology? Or simply seized by governments?
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Ahli38
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August 19, 2022, 01:29:39 AM |
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I will first look at the cause of the drop happening. if the price drop is caused by something like fud then i will act quickly to collect bitcoins at such a low price. although I think that possibility is very difficult to accept. because if bitcoin falls to the price of $ 1000 then there must be a very big cause. and the economic problems faced must be a crisis that is already difficult to fix. because even economic crises, pandemics and wars don't make bitcoin fall to that price. so if there is something that can drop the price of btc to $ 1000 then I think it is a cause that can not be taken lightly. But still. if I was able then. then I will buy it if I still see hope in the future.
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TheGreatPython
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August 19, 2022, 05:09:29 AM |
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I think Bitcoin will never reach the price point of $1000 again we're already in a booming phase. People now are aware about Bitcoin it's a matter of time that the whole world will adapt to its trend. If ever the price of Bitcoin crashes below $20k I'll buy no matter what because it's an opportunity to make a fortune. It's a lesson for me if every time Bitcoin price crashes it's time to buy and some alts then hold it, wait for the time to sell it.
No, not a booming phase but we are still in a recovery phase. Booming phase could be the same as the bull run, therefore the chance for us to drop again is still there. Everything is possible in here so maybe we could hit that 1k soon, who knows? If that happens then ill be buying more coins. It's crazy but there are still people that will panic and think that bitcoin is coming to an end. If it was a lesson to you every time btc crashes, will that means you never learn and you never buy during the dip? But, it's not too late yet to change that habit. The price may now be at 24k but that was still a good buy. Just think about the return that you will be getting once the bull run returns.
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Betwrong
Legendary
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I stand with Ukraine.
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August 19, 2022, 09:59:46 AM |
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I think Bitcoin will never reach the price point of $1000 again we're already in a booming phase. People now are aware about Bitcoin it's a matter of time that the whole world will adapt to its trend. If ever the price of Bitcoin crashes below $20k I'll buy no matter what because it's an opportunity to make a fortune. It's a lesson for me if every time Bitcoin price crashes it's time to buy and some alts then hold it, wait for the time to sell it.
Only don't sell everything when the price is at an ATH. Remember, in December 2020 the price of Bitcoin went to $22k and it was a new ATH, but it was $40k 3 weeks later, and it was $63k 4 months later. I think those who sold everything once BTC price reached $22k were not very happy about their decision in later months.
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n0ne
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August 19, 2022, 10:04:24 AM |
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I think Bitcoin will never reach the price point of $1000 again we're already in a booming phase. People now are aware about Bitcoin it's a matter of time that the whole world will adapt to its trend. If ever the price of Bitcoin crashes below $20k I'll buy no matter what because it's an opportunity to make a fortune. It's a lesson for me if every time Bitcoin price crashes it's time to buy and some alts then hold it, wait for the time to sell it.
Only don't sell everything when the price is at ATH. Remember, in December 2020 the price of Bitcoin went to $22k and it was a new ATH, but it was $40k 3 weeks later, and it was $63k 4 months later. I think those who sold everything once BTC price reached $22k were not very happy about their decision in later months. What you say is right, and price higher than the previous ATH is a good selling point for users who have invested at the bottom. With the cryptomarket none Know when the price drops and when it'll bounce back. Holding is good, but we need to have alternate plans and strategies to define the peak price of bitcoin. There are people who have missed $63k and now holding at $22k.
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