Big test for Bitcoin during the next Economic Collapse. - page 3.

Mauser

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Quote from: Wind_FURY on May 29, 2021, 08:11:44 AM

6 TRILLION U.S. DOLLARS! That’s Biden’s plan. The proposal, if approved, will be for the fiscal year of 2022 and will he the highest in federal spending since World War 2. For Bitcoin, that will extend the current bull market. The crash we just experienced? It’s a GIFT! During times of extreme fear in the market, Buy the dip, and HODL.

I agree with you that any new fiscal stimulus package will likely have a positive impact on bitcoins. But there are also risks that we are facing right now with bitcoins. What if more countries and Billionaires join in on bashing bitcoins? Even though the bitcoin price I still high compared to one year ago, we need to remain cautious. This is probably the last chance for countries to stop bitcoin. Once we reach another ATH there won't be anything stopping bitcoins.

Wind_FURY

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6 TRILLION U.S. DOLLARS! That’s Biden’s plan. The proposal, if approved, will be for the fiscal year of 2022 and will he the highest in federal spending since World War 2. For Bitcoin, that will extend the current bull market. The crash we just experienced? It’s a GIFT! During times of extreme fear in the market, Buy the dip, and HODL.

ice098

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Quote from: RealMalatesta on April 25, 2021, 03:40:09 PM

I remember last year when it crashed that was a blissful moment for me, it was a pandemic deal and I am sorry for all the lives lost to it, and I know it was all around a horrible year so far, but I have managed to buy bitcoin for very cheap and watch it do 10x right away, that is why I like bitcoin, if you know when to buy you could make a good profit.

This is why I buy every time it falls, if it is a 10%+ fall I will buy it, if it is 20%+ fall I will buy more and it goes on like that. At the end of the day I believe bitcoin will be doing fine, so why would I get scared and sell? It will recover one way or another.

Totally a blissful moment for you mate because you may didn't expected bitcoin to go as higher as $57000-$60000 today but you have anticipated that it is better to put an amount that you can afford to invest in bitcoin than be sorry. The trust that you have given to bitcoin market was unmeasurable that you take risk to put certain amount in bitcoinas an investment.

And now, you reap what you have sow, the market of bitcoin really produce a fruitful and abundant year and you can now earn your return of your investment as 10x as much as you have purchased it.

wiss19

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Quote from: Wind_FURY on February 22, 2021, 07:19:50 AM

I am starting to believe that Satoshi created Bitcoin for what’s coming next, or might come next. Because of the COVID-19 pandemic, I’m not sure about the rest of the countries, but the United Stated Federal Reserve prrrrinted inordinate amounts of U.S. Dollars to stimulate the economy, with plans to print trillions more under President Biden. All the prrrrinting and a falling GDP MIGHT be the seeds for the worst situation of an Economic Crisis. HYPERINFLATION.

Bitcoin has been criticized as a medium “for speculation”. Big test. Is it just merely “for speculation”, or an actual “safe haven”? Will Bitcoin crash together with the rest of the economy, or will everyone run to it as a Store of Value?

If anything is crashing, I don’t think that is going to be bitcoin. Bitcoin is for sure going to last and the value will increase, as we have seen it do at this time. If the economy is falling, bitcoin will still increase in value when the time is right for it to increase in value.

I think that this pandemic has already proven that to us all, and we have seen the way that bitcoin has been able to grow, even though at first it seemed like it was going to crash to a very low point when it started to drop, but it didn’t take time before it started going up again and even broke the record for its last ATH price and now moved up times three of that value. I just think that since the value is volatile, there will also be times when it’s going to crash heavily, even after this bullish trend we have seen, we are also going to see downtrend as well.

tbterryboy

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Quote from: bosede1 on April 27, 2021, 11:42:57 AM

The USA government knows its way around things like(Hyperinflation) you should be aware of it, bitcoin cannot crash together with the rest of the economy.

Yes, bitcoin economy will not crash like how fiat with the economy is doing time to time. Bitcoin is having completely different economic rules against our traditional economy system. When fiats are getting devalued over the time due to high inflation, bitcoin is getting stronger at the same time along with fixed supply.

I'm confident about bitcoin to stay stronger among an economic collapse happen at any time due to current pandemic situations or any other reasons.

bosede1

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Quote from: Wind_FURY on February 22, 2021, 07:19:50 AM

I am starting to believe that Satoshi created Bitcoin for what’s coming next, or might come next. Because of the COVID-19 pandemic, I’m not sure about the rest of the countries, but the United Stated Federal Reserve prrrrinted inordinate amounts of U.S. Dollars to stimulate the economy, with plans to print trillions more under President Biden. All the prrrrinting and a falling GDP MIGHT be the seeds for the worst situation of an Economic Crisis. HYPERINFLATION.

Bitcoin has been criticized as a medium “for speculation”. Big test. Is it just merely “for speculation”, or an actual “safe haven”? Will Bitcoin crash together with the rest of the economy, or will everyone run to it as a Store of Value?

I think satoshi creation for bitcoin is for it to supplement fiat money because of the features this possesses like being controlled and regulated by the government. The USA government knows its way around things like(Hyperinflation) you should be aware of it, bitcoin cannot crash together with the rest of the economy.

oHnK

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Quote from: stadus on April 26, 2021, 05:24:17 PM

We can always see that kind of opportunity if we do have money to invest, being experience as an investor or trader, we definitely have an idea already on how to make the right decision, and usually when the price dip, it's easy to make a decision to buy and selling at a profit is not also a problem since we believe that soon the price will correct and we will be able to start accumulating again.

Just doing the same strategy over and over, it would already make us financially successful here.

Oh really? You re great,bro. As long as I'm a investor and trader cant say that make financial decision is easy because as long as I work as a profesional traders, I'm still bad for executing the theory. Buy or sell at the lowest and highest price have some pshcology result. When you have much money and you can control ur own story.

target

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Quote from: mamahdedeh on April 27, 2021, 12:50:46 AM

Quote from: stadus on April 26, 2021, 05:24:17 PM

Quote from: oHnK on April 26, 2021, 10:10:38 AM

Quote from: RealMalatesta on April 25, 2021, 03:40:09 PM

I remember last year when it crashed that was a blissful moment for me, it was a pandemic deal and I am sorry for all the lives lost to it, and I know it was all around a horrible year so far, but I have managed to buy bitcoin for very cheap and watch it do 10x right away, that is why I like bitcoin, if you know when to buy you could make a good profit.

This is why I buy every time it falls, if it is a 10%+ fall I will buy it, if it is 20%+ fall I will buy more and it goes on like that. At the end of the day I believe bitcoin will be doing fine, so why would I get scared and sell? It will recover one way or another.

You're so lucky enough, not everyone have ability to take a decision for buying at lowest price and selling at highest price. If they can take it, they dont have money to buy it hahaha. Thats happen on me. Sometimes I really watch the candle when the market was bearish, and talk to my heart if I have money, this is the right time to buy them at cheaper.

We can always see that kind of opportunity if we do have money to invest, being experience as an investor or trader, we definitely have an idea already on how to make the right decision, and usually when the price dip, it's easy to make a decision to buy and selling at a profit is not also a problem since we believe that soon the price will correct and we will be able to start accumulating again.

Just doing the same strategy over and over, it would already make us financially successful here.

it seems easy to do so, we buy low and sell high. but in practice many people are stuck in that situation so that it is floating minus. of course experience is the main asset, because we believe the market will move up and down without anyone knowing what price will stop at

Having experienced the last bullrun I guess things might just change for me if we really will experience the next bear market. But as of now those past bear market may not really be terrible to expect because of the adoption that is massively going on right now. You could be wrong to expect that price will drop more than -80% whenever the bear market takes place.

Kittygalore

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Quote from: Wind_FURY on March 10, 2021, 01:47:52 AM

Quote from: Kittygalore on March 09, 2021, 03:30:55 AM

~

It doesn’t, and I’m personally not wishing for an Economic Collapse, but do you actually still trust our leaders to not lose control over the monetary/financial system? Maybe you do, but you should STILL HODL Bitcoin just in case you will need a fall-back/back-up. Cool

What part did I say that I trust the leaders, I am just pointing out the obvious and practical which is that they are going to protect the Economy against inflation because they are a reserved currency so if they were to be obliterated by hyperinflation then a lot of countries will suffer.

mamahdedeh

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Quote from: stadus on April 26, 2021, 05:24:17 PM

Quote from: oHnK on April 26, 2021, 10:10:38 AM

Quote from: RealMalatesta on April 25, 2021, 03:40:09 PM

I remember last year when it crashed that was a blissful moment for me, it was a pandemic deal and I am sorry for all the lives lost to it, and I know it was all around a horrible year so far, but I have managed to buy bitcoin for very cheap and watch it do 10x right away, that is why I like bitcoin, if you know when to buy you could make a good profit.

This is why I buy every time it falls, if it is a 10%+ fall I will buy it, if it is 20%+ fall I will buy more and it goes on like that. At the end of the day I believe bitcoin will be doing fine, so why would I get scared and sell? It will recover one way or another.

You're so lucky enough, not everyone have ability to take a decision for buying at lowest price and selling at highest price. If they can take it, they dont have money to buy it hahaha. Thats happen on me. Sometimes I really watch the candle when the market was bearish, and talk to my heart if I have money, this is the right time to buy them at cheaper.

We can always see that kind of opportunity if we do have money to invest, being experience as an investor or trader, we definitely have an idea already on how to make the right decision, and usually when the price dip, it's easy to make a decision to buy and selling at a profit is not also a problem since we believe that soon the price will correct and we will be able to start accumulating again.

Just doing the same strategy over and over, it would already make us financially successful here.

it seems easy to do so, we buy low and sell high. but in practice many people are stuck in that situation so that it is floating minus. of course experience is the main asset, because we believe the market will move up and down without anyone knowing what price will stop at

stadus

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Quote from: oHnK on April 26, 2021, 10:10:38 AM

Quote from: RealMalatesta on April 25, 2021, 03:40:09 PM

I remember last year when it crashed that was a blissful moment for me, it was a pandemic deal and I am sorry for all the lives lost to it, and I know it was all around a horrible year so far, but I have managed to buy bitcoin for very cheap and watch it do 10x right away, that is why I like bitcoin, if you know when to buy you could make a good profit.

This is why I buy every time it falls, if it is a 10%+ fall I will buy it, if it is 20%+ fall I will buy more and it goes on like that. At the end of the day I believe bitcoin will be doing fine, so why would I get scared and sell? It will recover one way or another.

You're so lucky enough, not everyone have ability to take a decision for buying at lowest price and selling at highest price. If they can take it, they dont have money to buy it hahaha. Thats happen on me. Sometimes I really watch the candle when the market was bearish, and talk to my heart if I have money, this is the right time to buy them at cheaper.

We can always see that kind of opportunity if we do have money to invest, being experience as an investor or trader, we definitely have an idea already on how to make the right decision, and usually when the price dip, it's easy to make a decision to buy and selling at a profit is not also a problem since we believe that soon the price will correct and we will be able to start accumulating again.

Just doing the same strategy over and over, it would already make us financially successful here.

oHnK

hero member

Activity: 1414

Merit: 574

Quote from: RealMalatesta on April 25, 2021, 03:40:09 PM

I remember last year when it crashed that was a blissful moment for me, it was a pandemic deal and I am sorry for all the lives lost to it, and I know it was all around a horrible year so far, but I have managed to buy bitcoin for very cheap and watch it do 10x right away, that is why I like bitcoin, if you know when to buy you could make a good profit.

This is why I buy every time it falls, if it is a 10%+ fall I will buy it, if it is 20%+ fall I will buy more and it goes on like that. At the end of the day I believe bitcoin will be doing fine, so why would I get scared and sell? It will recover one way or another.

You're so lucky enough, not everyone have ability to take a decision for buying at lowest price and selling at highest price. If they can take it, they dont have money to buy it hahaha. Thats happen on me. Sometimes I really watch the candle when the market was bearish, and talk to my heart if I have money, this is the right time to buy them at cheaper.

btc-room101

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Quote from: Wind_FURY on February 22, 2021, 07:19:50 AM

I am starting to believe that Satoshi created Bitcoin for what’s coming next, or might come next. Because of the COVID-19 pandemic, I’m not sure about the rest of the countries, but the United Stated Federal Reserve prrrrinted inordinate amounts of U.S. Dollars to stimulate the economy, with plans to print trillions more under President Biden. All the prrrrinting and a falling GDP MIGHT be the seeds for the worst situation of an Economic Crisis. HYPERINFLATION.

Bitcoin has been criticized as a medium “for speculation”. Big test. Is it just merely “for speculation”, or an actual “safe haven”? Will Bitcoin crash together with the rest of the economy, or will everyone run to it as a Store of Value?

Read the book "When Money Fails", history of Wiemar Germany 1918-1921

When money fails, so does everything including electricity, phone, and internet

Don't kid yourself, your mobile-phone will be worthless

There is a reason survivors say "Beans, bullets, & gold"

People here think that during hyper-inflation, when people carry a wheel-barrow of money to buy a loaf of bread, that everything else will run, the reason they used a wheel barrow, is that nobody had gas. When nobody can make payroll, everything comes to a halt.

If you honestly think this is the future, then get the hell out of the USA today, go to Singapore, or Switzerland where the internet will still be running.

awik p

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Pepemo.vip

Quote from: Alucard1 on April 24, 2021, 01:25:37 PM

When the pandemic started, we had seen a big crash on bitcoin to the point that it reached about $3900 that is really big fall for the bitcoin that time but as time goes by they have learned how bitcoin can help them during the pandemic, and the rise started again with bitcoin as it started with the post halving and next, a lot of companies have seen the great thing that bitcoin can give to us during the pandemic so they bough huge amount worth of bitcoin and we saw its effect to the market.

we can see this together, until now bitcoin seems to be a noble item which many people believe in. but. when prices are dumped, many people are worried about buying them. but instead, it started with large companies that believed in it so that it rose again until its price exceeded the previous highest price

RealMalatesta

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Quote from: oHnK on April 24, 2021, 08:46:53 AM

Quote from: LUCKMCFLY on April 23, 2021, 08:16:35 AM

Many may be lowering the price to buy cheaper, I have seen in some forum threads that every time there is a higher percentage of decrease they buy cheaper bitcoin, it seems to me that it is a very good strategy and worthy of intelligent people, for now Better for many is to be out of the market and look for another entry that is good, the market always gives it, so take courage.

Thats really make sense because when I didn't take a decision for cutting lose my altcoin, I felt that If I have some fresh money this is the right time to buy them for lower price and what I think comes true, Crypto's price getting high for several hours later. We face the new days for crypto when the volatility become faster than before. In 24 hours, we can take profit 25-30% or we can get lose 25-30% in a day. We have to be smart for taking a decision, when you should buy or sell.

Interesting to see people are shocked by something I have been doing for years. I do buy when it goes up as well but I buy even more when it is going down, that helps me a lot more and this is why I have collected a decent amount of bitcoin as well.

I remember last year when it crashed that was a blissful moment for me, it was a pandemic deal and I am sorry for all the lives lost to it, and I know it was all around a horrible year so far, but I have managed to buy bitcoin for very cheap and watch it do 10x right away, that is why I like bitcoin, if you know when to buy you could make a good profit.

This is why I buy every time it falls, if it is a 10%+ fall I will buy it, if it is 20%+ fall I will buy more and it goes on like that. At the end of the day I believe bitcoin will be doing fine, so why would I get scared and sell? It will recover one way or another.

oHnK

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Quote from: LUCKMCFLY on April 24, 2021, 11:04:35 AM

Of course this will only happen when Bitcoin recovers and is in a bullish trend, because while it is in correction it is difficult for altcoins to recover, since they depend directly on the movements of Bitcoin, before making decisions about altcoins, it is good to study bitcoin and the possible movements.

I couldn't agree more, I wanna add another altcoin that have a good recovery is WAVES. In crypto espesially altcoin, I'm prefer to make speculation than invest them for long term. But for Bitcoin, I keep for long term. BNB, ADA, ETH, LTC, WAVES are my favorite altcoin, they gave me much profit. But this is just available when Bitcoin market is bullish too. Now we can look the market, BTC in several days ago, getting bearish and all of my altcoin got the impact too. So, we have to be smart for making a financial decision.

AllGoodNamesAreTaken

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Once the economy goes down they will tax cryptos higher, there won't be a easy ways out.

Alucard1

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When the pandemic started, we had seen a big crash on bitcoin to the point that it reached about $3900 that is really big fall for the bitcoin that time but as time goes by they have learned how bitcoin can help them during the pandemic, and the rise started again with bitcoin as it started with the post halving and next, a lot of companies have seen the great thing that bitcoin can give to us during the pandemic so they bough huge amount worth of bitcoin and we saw its effect to the market.

LUCKMCFLY

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Leading Crypto Sports Betting & Casino Platform

Quote from: oHnK on April 24, 2021, 08:46:53 AM

Quote from: LUCKMCFLY on April 23, 2021, 08:16:35 AM

Many may be lowering the price to buy cheaper, I have seen in some forum threads that every time there is a higher percentage of decrease they buy cheaper bitcoin, it seems to me that it is a very good strategy and worthy of intelligent people, for now Better for many is to be out of the market and look for another entry that is good, the market always gives it, so take courage.

Thats really make sense because when I didn't take a decision for cutting lose my altcoin, I felt that If I have some fresh money this is the right time to buy them for lower price and what I think comes true, Crypto's price getting high for several hours later. We face the new days for crypto when the volatility become faster than before. In 24 hours, we can take profit 25-30% or we can get lose 25-30% in a day. We have to be smart for taking a decision, when you should buy or sell.

You are right, the market is benevolent, it will always give a good entry with possibilities and opportunities to win, but you have to be very careful when entering the market, it is always good to look for altcoins that have a high market capitalization and that its volume is growing, the number of trades bodes well, and investors see some forward-thinking altcoins.

I have heard many altcoins with good recovery, such as ETH, BNB, even ADA, now POLKADOT also although it has a strong fall, but it represents a very good opportunity, many are betting on DOT, also TRX are waiting for it to reach new ATH and for its part XRP despite all the problems it has with the FED investors are trusting the currency, they see it as a fairly good instrument of speculation. Of course this will only happen when Bitcoin recovers and is in a bullish trend, because while it is in correction it is difficult for altcoins to recover, since they depend directly on the movements of Bitcoin, before making decisions about altcoins, it is good to study bitcoin and the possible movements.

oHnK

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Quote from: LUCKMCFLY on April 23, 2021, 08:16:35 AM

Many may be lowering the price to buy cheaper, I have seen in some forum threads that every time there is a higher percentage of decrease they buy cheaper bitcoin, it seems to me that it is a very good strategy and worthy of intelligent people, for now Better for many is to be out of the market and look for another entry that is good, the market always gives it, so take courage.

Thats really make sense because when I didn't take a decision for cutting lose my altcoin, I felt that If I have some fresh money this is the right time to buy them for lower price and what I think comes true, Crypto's price getting high for several hours later. We face the new days for crypto when the volatility become faster than before. In 24 hours, we can take profit 25-30% or we can get lose 25-30% in a day. We have to be smart for taking a decision, when you should buy or sell.

Topic: Big test for Bitcoin during the next Economic Collapse. - page 3. (Read 1538 times)