Are you guys happy if bitcoin will dropped to $10k? Why? - page 3.

Oasisman

hero member

Activity: 2590

Merit: 549

Rollbit

Quote from: Wind_FURY on May 08, 2021, 07:55:33 AM

Quote from: buwaytress on May 08, 2021, 07:42:50 AM

I actually remember very clearly March last year when it dropped to below 4k and I counted quickly that was below 20% and in fact almost 15% of ATH.

Recovered real quickly after that setting off the bull run that's still ongoing.

10k would actually be a similar 85% drop from ATH so yeah. I'd be a really happy camper ha.

You would? I truly wouldn’t, but it will surely be another golden opportunity to buy the dip and HODL again. Hahaha. I’m sure every news will start to say that Bitcoin, priced at $10,000 during a “bear market”, “is dead”. That will be laughable to think, and stupid.

An opportunity yes, but become happy? maybe no.
If Bitcoin drops as hard as $10,000, It would measure someone's faith in Bitcoin.
This how a weak hands would be measured. Whether he continue hodling and accumulate more or would he sell while Bitcoin is gradually going down.
Bear market is such a pain in the ass, and a lot of people indeed would make such commentary that Bitcoin will soon ends.

FIFA worldcup

full member

Activity: 1134

Merit: 105

Quote from: Questat on March 25, 2021, 07:26:42 AM

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.

No one will be happy if bitcoin falls to 10K. Every one wants bitcoin to make new highs without having a pull back. Some people say that they want to buy bitcoin cheap and hence they will be happy once bitcoin reaches 10K. Infact, those people will still not buy bitcoin thinking that bitcoin may go to zero Wink

In reality, bitcoin will never fall below 10k. I think going below 20K is also not possible.

BitcoinPanther

hero member

Activity: 1918

Merit: 564

Even though I am waiting for Bitcoin to drop in price, I wouldn't be so selfish to be happy if it dropped to $10k. Imagine it will cause a trauma to recent investors. Lots of lives will be ruin and the crypto market will be affected a lot. Altcoins market will also crash in price. It has a domino effect that no one can stop.

TheGreatPython

sr. member

Activity: 2520

Merit: 329

Quote from: Wind_FURY on May 08, 2021, 07:55:33 AM

I truly wouldn’t, but it will surely be another golden opportunity to buy the dip and HODL again. Hahaha. I’m sure every news will start to say that Bitcoin, priced at $10,000 during a “bear market”, “is dead”. That will be laughable to think, and stupid.

I wouldn't as well. Ignore those news coverage and what social media will be shouting if such bear market will be happening, but we cannot ignore the impact of losing big investors and adopters. Even bitcoin is known for losing its value up to 70% after the end of each cycle, getting back to $10k from current market is something different for me for some reasons.

I mean I do not want any disturbance happening for the known 4 years cycle of bitcoin markets. If that cycle happens as it is then we will have more confident investors which must be more important regardless of having another 70% downfall from final ATH.

kotajikikox

full member

Activity: 2366

Merit: 207

★Bitvest.io★ Play Plinko or Invest!

Quote from: Roidz on May 07, 2021, 04:15:29 PM

to be honest I don't dare to answer your question, because the question you ask is really very tricky in my opinion Grin

,
when I answered I wanted bitcoin to fall back to $ 10K, of course I was a fool if I wanted that to happen, because if bitcoin drops back by $ 10k automatically the value of my assets will also drop very drastically,

Wrong , because you can sell all your coins Now and buy back when the price drops down to 10k.

The question is specific so you can answer specifically also.

Quote

And when I answered, I don't want bitcoins to fall back down to $ 10k, doesn't that also show I'm stupid because if the price of bitcoins went down I would be able to buy bitcoins at a low price?

That's what you must do, buy more but sell first , it is not practical to just Keep and Hold because Bitcoin must circulate.

Quote

I think it is very difficult to choose and determine the right answer to your question.

if you have a brighter view for your investment , then you will not do such thing.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: buwaytress on May 08, 2021, 07:42:50 AM

I actually remember very clearly March last year when it dropped to below 4k and I counted quickly that was below 20% and in fact almost 15% of ATH.

Recovered real quickly after that setting off the bull run that's still ongoing.

10k would actually be a similar 85% drop from ATH so yeah. I'd be a really happy camper ha.

You would? I truly wouldn’t, but it will surely be another golden opportunity to buy the dip and HODL again. Hahaha. I’m sure every news will start to say that Bitcoin, priced at $10,000 during a “bear market”, “is dead”. That will be laughable to think, and stupid.

buwaytress

legendary

Activity: 2800

Merit: 3443

Join the world-leading crypto sportsbook NOW!

I actually remember very clearly March last year when it dropped to below 4k and I counted quickly that was below 20% and in fact almost 15% of ATH.

Recovered real quickly after that setting off the bull run that's still ongoing.

10k would actually be a similar 85% drop from ATH so yeah. I'd be a really happy camper ha.

NeverSop

member

Activity: 518

Merit: 11

HODL

I am personally a follower of the cryptocurrency market. I'm seeing amazingly interesting things, bitcoin is continuing to skyrocket. Of course, I understand, for an owner who has sold at a target x2-x3. I also wish there would be a big drop to Hold. But this is obviously too difficult to drop to 10k, instead I have enjoyed the good weather from this trend by either short-term trading or profit taking. I've had great success this year and I believe a lot of people have got it too! Grin

Lorence.xD

sr. member

Activity: 1624

Merit: 315

Leading Crypto Sports Betting & Casino Platform

Why would we be sad if the prices go down, I mean that is like the golden opportunity that everyone is waiting for. Not to mention that the payout for my signature campaign is going to go up when the prices go down and I can accumulate more along the way until there I have large enough bitcoin being hodl.

mrjoy15

hero member

Activity: 840

Merit: 504

Quote from: dark1234 on May 07, 2021, 05:36:21 PM

instead they are afraid of BTC_ $ dropping at 10k because this price is too low even though it might happen after the market correction, and no one imagines to take a chance at this price and will tend to drive them out of the market and we can tell that the bull market is on. underway and the price is still able to take

Does bear market lead BTC price drops down $10k ? I have big question mark on this? Meanwhile, I'm searching for the weekend dip, but I have feeling that ship sailed. I have been trying to buy something for days, but price doesn't meet my entry point. A good correction is very possible soon, hopefully my patience will pay.

Fredomago

legendary

Activity: 2954

Merit: 1050

Leading Crypto Sports Betting & Casino Platform

Quote from: Roidz on May 07, 2021, 04:15:29 PM

to be honest I don't dare to answer your question, because the question you ask is really very tricky in my opinion Grin

,
when I answered I wanted bitcoin to fall back to $ 10K, of course I was a fool if I wanted that to happen, because if bitcoin drops back by $ 10k automatically the value of my assets will also drop very drastically,
And when I answered, I don't want bitcoins to fall back down to $ 10k, doesn't that also show I'm stupid because if the price of bitcoins went down I would be able to buy bitcoins at a low price?
I think it is very difficult to choose and determine the right answer to your question.

You bring out your pint of views and that's reality, this question only answerable in certain situation.

If you are new to this investment and you are learning the potential seeing the dropped would be very much favorable to you.

While if you are a long term holder, seeing that dropped would hurt your investment,
either sides there are people who will benefits with that movement and also there are traders that will lose their chances.

dark1234

full member

Activity: 1134

Merit: 167

instead they are afraid of BTC_ $ dropping at 10k because this price is too low even though it might happen after the market correction, and no one imagines to take a chance at this price and will tend to drive them out of the market and we can tell that the bull market is on. underway and the price is still able to take

Mahanton

hero member

Activity: 2688

Merit: 625

Quote from: k@suy on May 07, 2021, 02:43:49 PM

Quote from: ?? on ??

I won't say that I would be happy or upset if bitcoin dropped in value again... On the one hand there will be another opportunity to buy cheap, on the other hand there will be another bearish period...
I guess I'm for bitcoin to rise slowly! Grin

Let's imagine a scenerio if ever bitcoin price dropped to $10000 do you think everyone will be happy to see it? Based on my own experience here in crypto for being a member of the community of cryptocurrency in four years I do watched the continuous dropping of bitcoin price from the ATH of almost $20,000 to the lowest price that year of $3,000. It is totally a jaw dropping and you would never know what was the reason for that downfall. And what's worst about it was the bearish lasted for about 2-3 years. So if ever it may happen again, I would be the one who wouldn't be glad about it.

Majority wont really be happy with it and theres no doubt on that because here on this market where people do most hope on rising prices and when the time comes that dumping or crashing market
is never been a good think to look upon and those hopes and impressions would really be replaced by fear and anxiety then its definitely "NO" when we do talk about happiness.
For some people then it might be an another opportunity to take enter on a market which price is a bit cheap but considering the state of that particular situation
where people will have doubts that the market would go down deep further which it is really hard to into those particular actions.

Roidz

sr. member

Activity: 1386

Merit: 250

1XBit.com

to be honest I don't dare to answer your question, because the question you ask is really very tricky in my opinion Grin

,
when I answered I wanted bitcoin to fall back to $ 10K, of course I was a fool if I wanted that to happen, because if bitcoin drops back by $ 10k automatically the value of my assets will also drop very drastically,
And when I answered, I don't want bitcoins to fall back down to $ 10k, doesn't that also show I'm stupid because if the price of bitcoins went down I would be able to buy bitcoins at a low price?
I think it is very difficult to choose and determine the right answer to your question.

BITCOIN4X

legendary

Activity: 1974

Merit: 1150

Of course there is a reason why people still hope the price of bitcoin will drop to $10K and most assume that it will make them buy more and put it in the basket so they will hope the new ATH will happen afterward. For me it might be because bitcoin price will fluctuate forever and we can see historical paintings that after ATH we will have a bearish period.

The price of bitcoin will not go up forever and it will probably go down after some time from now. As far as my experience goes, the halving period will have an impact on price and we will see that cycle happening again in the next few years. So, since bitcoin is a volatile asset, it is still possible to expect its price to go up and down and it will continue to follow the flow of supply and demand in the market.

k@suy

sr. member

Activity: 882

Merit: 269

Quote from: ?? on ??

I won't say that I would be happy or upset if bitcoin dropped in value again... On the one hand there will be another opportunity to buy cheap, on the other hand there will be another bearish period...
I guess I'm for bitcoin to rise slowly! Grin

Let's imagine a scenerio if ever bitcoin price dropped to $10000 do you think everyone will be happy to see it? Based on my own experience here in crypto for being a member of the community of cryptocurrency in four years I do watched the continuous dropping of bitcoin price from the ATH of almost $20,000 to the lowest price that year of $3,000. It is totally a jaw dropping and you would never know what was the reason for that downfall. And what's worst about it was the bearish lasted for about 2-3 years. So if ever it may happen again, I would be the one who wouldn't be glad about it.

Fredomago

legendary

Activity: 2954

Merit: 1050

Leading Crypto Sports Betting & Casino Platform

Quote from: arufox on April 04, 2021, 06:30:19 PM

After I think it clearly, I don't happy with that, the reason is that only benefits for big institutions, they will buy a huge bag of Bitcoin because they have so many funds, and for us?? nothing, and then the Bitcoin will be more centralized, So lets the company/institution buy Bitcoin at a high price.

Let them play with much higher price for they will continue to bring it up instead, allowing them(big institutions, whales) to have more coins will lead this industry to make it morecenralized indeed.

Let's face it, we are here also waiting for another entry, but dropping to that level without any major events or any problem
it's insane to see, though it's still possible as there's no certainty within this market, but in a much positive position, it's better
keep it moving forward instead of dropping back to $10K level again.

STT

legendary

Activity: 3878

Merit: 1411

Leading Crypto Sports Betting & Casino Platform

Its not doing anything dramatic right now, its all balanced out and circled around the block in the last few days. Kinda boring but someone is happy I guess, I prefer progression in some way personally.

Price was looking to break down but I think Dollar index has some trend down also which means any great move is not that likely as weakness elsewhere relieves any pressure from BTC pretty likely.
Its a bit cheeky trying to call a trend on a FIAT index but say 93 or above trading might signal we actually do something new after these holidays for some.

rhodelmabanal

full member

Activity: 1044

Merit: 103

Quote from: Questat on March 25, 2021, 07:26:42 AM

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.

Honestly i will be very happy if the price drop to 10k$ because i can have the opportunity to buy and hold without any big risk. I saw that there is a big risk if i will buy it today bitcoin is very bullish and it needs a big capital to buy few digits. So if bitcoin drop to 10k$ i will surely become happy for that was a big opportunity.

Ararbermas

sr. member

Activity: 1988

Merit: 283

Quote from: Questat on March 25, 2021, 07:26:42 AM

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.

of course more people will be happy if bitcoin falls on that price which very deep actually, just imagine let say from 60k - 10k? Seems the end of cyrpto world is near.. Lmao,
Anyways all i can say is its big opportunity for everyone to buy at the affordable price wherein for sure there will be a panic buying.
But despite of course some will be upset especially those who owned large amount of bitcoin and just waiting for it to bullish in order to obtain more profits. it's a big loss for them..

Topic: Are you guys happy if bitcoin will dropped to $10k? Why? - page 3. (Read 1344 times)