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Topic: Are you guys happy if bitcoin will dropped to $10k? Why? - page 4. (Read 1477 times)

sr. member
Activity: 2842
Merit: 326
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If the price of Bitcoin dropped to $10k I will be happy because I will be able to buy quantities of it at a low price and keep them for the future. Everyone does not know what may happen to Bitcoin in several years, but what we expect is that the price of Bitcoin may reach its highest levels. Nothing is impossible in a volatile cryptocurrency market.
Yes I will also be happy if the price of bitcoin dropped to $10k  but based on a condition that it price will repump again else I wouldn't be comfortable with the drop I believed some massive hodler of Bitcoin wouldn't buy the idea of price dumping to $10K but majority of newbies or investors knew that another opportunity had unveil itself for massive buying and hodling whike everyone wouldn't want to miss out again the opportunity to become rich again.
legendary
Activity: 2576
Merit: 1043
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Yes and at the same time NO. I will explain why.

Yes because I already have cash on hand in case the possible bear market will happen. I don't want to miss this opportunity like what happened last March 2020 where I just watched the market dropping while I didn't took the opportunity to buy because of lack of cash. What a silly mistake that I made but this time I will not do it again Smiley.

No at the same time because majority of my crypto portfolio is on Bitcoin (or at least half of my total portfolio). I don't know if I will be sad if I see my portfolio going down in a bear market because I don't put any emotions in crypto anymore whether it is trading or whenever my port is going down Cheesy. I don't want to see Bitcoin down but markets move in cycles so I'm preparing myself into it.

Lets be realistic right now. Bitcoin to $10,000 is still possible but the chances of it are very low now. It will be too much if it will drop from near $60,000 to $10,000. The last time we saw Bitcoin at sub $10,000 will be the last time we will see it at that price so congrats who bought at that price or even lower Smiley.
member
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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.
an interesting question, of course I would prefer not to be happy if the price of bitcoin dumps at $ 10k, why? because I have invested in a price of more than $ 10k, I am sure many invest when the price of bitcoin is above $ 10k, the volatility is very high but to drop deeply at $ 10k is still a dream.
full member
Activity: 1119
Merit: 206
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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.
hero member
Activity: 3038
Merit: 617

Maybe when I get to have more money and the bears strike for more than a year again, we'd be happy to see BTC drop that low so there will be a chance for us to earn when the bulls are back. It's going to be devastating for the ones who bought at more than $50k and not able to sell. But would it really be possible to see that price once again after all the institutions and adoptions done by Paypal, Visa, and Mastercard?
legendary
Activity: 3416
Merit: 1225
No one will happy if Bitcoin will drop to 10K, I strongly believe that there is less than 10% possibility that Bitcoin will drop at $10K price range. A huge amount of USD is invested in Bitcoin by the various institutions, I don't think they will attempt to sell their coins at a cheap price. If more investors are started to join with Bitcoin then I think Bitcoin will break 100K ATH in near future.
The drop is a panic one if Bitcoin ever drops to the $10k level again, something that we don't want to happen again the last it did was the pandemic and it's not good we have the big name and the prime movers to thank for Bitcoin not dropping further, I don't like Bitcoin to that level again, the momentum is very high and we don't want the momentum to drop because the $10k is very attractive to buy again, it's going to be a hard climb to the top again and we may lose something that we already gain and regain.
full member
Activity: 1414
Merit: 129
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No one will happy if Bitcoin will drop to 10K, I strongly believe that there is less than 10% possibility that Bitcoin will drop at $10K price range. A huge amount of USD is invested in Bitcoin by the various institutions, I don't think they will attempt to sell their coins at a cheap price. If more investors are started to join with Bitcoin then I think Bitcoin will break 100K ATH in near future.
hero member
Activity: 2884
Merit: 579
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I am among those who don't care about the price of Bitcoin if it drops to a price of $ 10k,  because if it wants to go down to any price Bitcoin will
always go up again. Why should we panic if it is true that the price of Bitcoin has dropped to the price of $ 10k. 
Looking at that drop for the first few days, that would hurt anyone who didn't sell at the top. But that's it after moving on and seeing the price on that moment and if it stays there for a long time again, we'll just get used to it.

People panicking with every price drop are usually there, there's no way for them to stop panicking until it's been around and stayed for that price for a couple of days.

What we need to do if it is true
that the Bitcoin price drops to a price of $ 10k. We just have to buy Bitcoin at that price, it's just that simple in my thinking. Maybe most people
who do not agree with the decline in the price of Bitcoin, they have some Bitcoin which they are currently HODL.
Many will be disappointed looking at that price if it ever hits down again because we were once at the peak and then staying near to that peak currently.
sr. member
Activity: 2660
Merit: 339
I am among those who don't care about the price of Bitcoin if it drops to a price of $ 10k,  because if it wants to go down to any price Bitcoin will always go up again. Why should we panic if it is true that the price of Bitcoin has dropped to the price of $ 10k.  What we need to do if it is true that the Bitcoin price drops to a price of $ 10k. We just have to buy Bitcoin at that price, it's just that simple in my thinking. Maybe most people who do not agree with the decline in the price of Bitcoin, they have some Bitcoin which they are currently HODL.
Yeah, the price can skyrocket at anytime or it can still go down more. For me I don’t know what’s going to be next, I am just sitting here and looking at the market , any direction it goes I just take it. The opinion that people do have a time like this is usually divided, there are those who will be telling you that it will skyrocket and others will say that it will plummet soon and you wouldn’t just know what to believe in. That’s why I always play it safe, I do what I am meant to do whenever the price gets to a certain extent, which is to sell a part of it and continue to hold the rest. I’m rest assured that even if the price drops to 10k I will still have profit.
hero member
Activity: 2562
Merit: 586
Well honestly speaking I am looking forward for a price correction so i can be able to buy bitcoin and amounting $10,000 could be a good chance to grab on but on the other side this was too huge price correction of bitcoin and i feel sad on the other hand because we are all only looking forward for a good price of bitcoin in the market. However, as what i have seen in the market today, i guess it's impossible for now this kind of huge price correction.
That price correction may never come, and you may end up waiting for a very long time. For these type of situations my suggestion has always been the same, buy with just a bit of your money periodically to make sure you do not lose out on your chances. For example, you have 1000 dollars? You end up buying 50 dollars worth every day, and since you put all of it on exchange at once (put it on usdt if you want to) that means you do not have to keep putting 50 bucks into exchanges anymore neither, just put the whole 1000 in usd pegged token and then go ahead and buy 50 bucks worth every day, it will take nearly 3 weeks to finish that money.

Meanwhile if it goes down you will buy from lower and if it goes up you will buy from higher but your average will be lower in the end. I really can't explain how much it would profit for everyone to do this instead of waiting.
sr. member
Activity: 1666
Merit: 268
I am among those who don't care about the price of Bitcoin if it drops to a price of $ 10k,  because if it wants to go down to any price Bitcoin will
always go up again. Why should we panic if it is true that the price of Bitcoin has dropped to the price of $ 10k.  What we need to do if it is true
that the Bitcoin price drops to a price of $ 10k. We just have to buy Bitcoin at that price, it's just that simple in my thinking. Maybe most people
who do not agree with the decline in the price of Bitcoin, they have some Bitcoin which they are currently HODL.
hero member
Activity: 2170
Merit: 530
Yes of course, but how long would it last or is it really gonna touch $10k again?

Bitcoin is far from the last ATH we've known and to think that it would dropped to $10k soon is questionable because I'm not sure yet if we'll be seeing a new bottom again during the bearish trend. But if we ever hit $10k again then why not? It's an opportunity to buy during the dip and it means hoarding because that's the only chance you could see and buy Bitcoin in a cheaper price after it hits a new ATH.
Well honestly speaking I am looking forward for a price correction so i can be able to buy bitcoin and amounting $10,000 could be a good chance to grab on but on the other side this was too huge price correction of bitcoin and i feel sad on the other hand because we are all only looking forward for a good price of bitcoin in the market. However, as what i have seen in the market today, i guess it's impossible for now this kind of huge price correction.
sr. member
Activity: 1484
Merit: 277
Having an honest answer towards bitcoin price as of today, I would loved to see it happening. But on the current progress of its price updates, I think that's a difficult thing to see due to well established market which eventually initiate a huge demand in the future, then pump the price so fast which we won't notice we will able to see $100k. Before that, we may experience downfalls until such time we will achieve another ATH history.
sr. member
Activity: 2506
Merit: 368
Yes of course, but how long would it last or is it really gonna touch $10k again?

Bitcoin is far from the last ATH we've known and to think that it would dropped to $10k soon is questionable because I'm not sure yet if we'll be seeing a new bottom again during the bearish trend. But if we ever hit $10k again then why not? It's an opportunity to buy during the dip and it means hoarding because that's the only chance you could see and buy Bitcoin in a cheaper price after it hits a new ATH.
hero member
Activity: 2996
Merit: 609
Definitely i will be very much happy to see bitcoin price at that level again, [$10k] becasue that will definitely give more room for stashing more coins to myself. The dips are the best we could get from the world of cryptocurrency becasue with such opportunity you can buy your future in a glance, but i don't think this level price of bitcoin will be realize again because of the institutions looming into the world of cryptocurrency.

Despite of that reason, bitcoin is still volatile, highly volatile so I doubt it would not dropped $10k if the real panic begins. Usually its a long panic that would turn the market into bearish, for now, we have time to play with the price swings but once correction starts, it's our chance to accumulate.
Nothing is impossible specially if fud and panic on the entire community does occur then it could really make a reason for the entire market to crash up that hard that we never anticipated for it to happen.

When the price dipped down to $10k then some would really be seeing this as an opportunity and some would see this as a the end of the entire market.So we do have different perceptions when
the time comes to this.

No one will surely be happy on this situation unless if you do make yourself out in the market on the right time.
hero member
Activity: 2856
Merit: 667
Definitely i will be very much happy to see bitcoin price at that level again, [$10k] becasue that will definitely give more room for stashing more coins to myself. The dips are the best we could get from the world of cryptocurrency becasue with such opportunity you can buy your future in a glance, but i don't think this level price of bitcoin will be realize again because of the institutions looming into the world of cryptocurrency.

Despite of that reason, bitcoin is still volatile, highly volatile so I doubt it would not dropped $10k if the real panic begins. Usually its a long panic that would turn the market into bearish, for now, we have time to play with the price swings but once correction starts, it's our chance to accumulate.
legendary
Activity: 2688
Merit: 1192
While I can never see it happening unless something extremely disastrous and ruinous happens to Bitcoin, it would be a dream to be able to buy at that sort of price. Unfortunately now so many institutions have woken up to it and even rich individuals like Elon musk are using huge fortunes to buy it up, they will simply not let go. Limited supply and heavy demand are causing an almost inexplicable surge in the price. It has been discovered by millionaires that they can easily transport large amounts of wealth across borders, outside of the traditional banking system and the watchful eyes of government regulators, which has been very difficult to do up until now. Back to the question though, if there was nothing broken and the price dropped that low again I would certainly be a buyer.
legendary
Activity: 2590
Merit: 1882
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The $10k level may be possible because in the Bitcoin market anything can happen, but based on the fact that the price is for now at almost $60k and institutional investment continues to enter, it is very difficult to see the price fall.

Quote
The price had turned down from $59,789 today, but an encouraging sign is that the bulls purchased the dip and did not allow the BTC/USDT pair to re-enter the channel. The bulls will now make one more attempt to rise above the all-time high at $61,825.84.

Source: [url]https://cointelegraph.com/news/price-analysis-3-31-btc-eth-bnb-ada-dot-xrp-uni-theta-ltc-link[/url

When we see this type of analysis, the bullish option is stronger than bearish, for now I do not see a scenario that could fall to those levels.
legendary
Activity: 1610
Merit: 1131
I don't think we will return to the 10k level. We are now in a bullish trend soon. We will see new highs over 60k!! This does not mean that I will be sad or happy if there is a major market crash. Quite frankly, Bitcoin's price action cannot affect my feelings.  Is someone still waiting for the 10k level?
hero member
Activity: 2954
Merit: 672
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Honestly if that was to happen, I would be really happy because that means that we can get more bitcoin out of our money when we are buying and all signature campaigns are going to increase their pays to match the current price which can help for people who are trying to accumulate a lot of bitcoin so they can get more profit out of it and I am one of those people.
^ That's right, it made me happy too and accumulate BTC from signature campaign earning. I remember before when BTC price is around $3k, it almost in the bottom price as they say. There is a good amount of BTC in all signature campaigns because that is based on the dollar, imagine before in my weekly campaign I received 0.01 BTC per week, but now it is only 0.001. Nevertheless, not all people will happy to see BTC price will drop and for sure those are had already BTC, they are holding it until now and hoping BTC price will reach $100k non this year.
But I doubt the BTC price will not down even below $30k.
I don't see any difference with that because most of the campaigns now are USD base. No matter how high is Bitcoin but still just receives equivalent to what is stated on the pay rate.  

But the question is...
If we get back to the price of Bitcoin at $10k, are we gonna hold our Bitcoin coming from the campaign? Or we just still spend it? But the chances are...we still don't hold any and that saying I would buy more when it dumps again! Can't guarantee that it will happen.
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