Bitcoin crash is inevitable - page 4.

keyscore44

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Quote from: danherbias07 on February 17, 2021, 11:24:20 PM

"If not now, when?" Incubus. Grin

Who knows when the price will be dumped again. There is no assurance to it.
One thing we know for now is that it keeps on going up because of different event that had been happening in social media websites.
Yes, a crash will happen but we cannot see the future so it's a risk one investor should be willing to take.
The result will either be profit or loss. With loss though, you can still wait for another pump to come.

I'm sure the OP speaks like this due to the fact that he knows the history of Bitcoin's price. And we must all agree that there is a correction after each bubble. Unfortunately, he did not include one very important thing. Every time there was a bubble in the Bitcoin price, the bull run was longer. In the present situation, the bull run could easily for next several months or even over a year. So even if there are small corrections during that time, it is still a very good idea to buy Bitcoin for $50k.

michellee

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Quote from: danherbias07 on February 17, 2021, 11:24:20 PM

"If not now, when?" Incubus. Grin

Who knows when the price will be dumped again. There is no assurance to it.
One thing we know for now is that it keeps on going up because of different event that had been happening in social media websites.
Yes, a crash will happen but we cannot see the future so it's a risk one investor should be willing to take.
The result will either be profit or loss. With loss though, you can still wait for another pump to come.

Waiting for a while will be the best thing that he can do right now as the price now is down. If he can be patient, he will have the opportunity to buy at a low price. Until that time, he can keep analyzing the price moves because the opportunity will show anytime, so if he misses that, he will miss the chance to buy bitcoin. But if he can not get a good time to buy bitcoin, as long as he can buy low when the red candle appears, he can hold it until the price increase. But we do not know when the price will increase.

danherbias07

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"If not now, when?" Incubus. Grin

Who knows when the price will be dumped again. There is no assurance to it.
One thing we know for now is that it keeps on going up because of different event that had been happening in social media websites.
Yes, a crash will happen but we cannot see the future so it's a risk one investor should be willing to take.
The result will either be profit or loss. With loss though, you can still wait for another pump to come.

777Jolami

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Quote from: cryptozanga on February 17, 2021, 10:14:10 AM

This is not the time to buy, don't be a fool to buy at 50K.

Unfortunately, you didn't prepare and analyze the current market differences. Bitcoin can be vulnerable to underground whale attacks, with the community chasing that trend without the robustness and desire to chase a boon. But this year there are too many differences that you can see and benefit to trust. Bitcoin has become sexier than ever. Was it your mistake, or was it conservative to fud for a better buying advantage? Lol

A good trend towards leverage and motivation

)

https://www.fool.com/investing/2021/02/17/the-motley-fool-announces-5-million-investment-in/

Evilish

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Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.

I see your point and I understand that a correction is always around the corner but you didn't have to call us "fool". Cheesy

I might be a fool, and I might be naive, but this foolishness and naivety has made me a lot of money over the years.

I do take profits every now and then though, so even if BTC crashes, while it would be heart wrenching, I'd still be up thousands of percent from my initial investment. Not that big a deal breaker.

I would be a fool not to trust an investment that has always worked for me over so many years.

And yes I will buy again in a few days no matter the price.

matchi2011

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Quote from: cryptozanga on February 17, 2021, 10:14:10 AM

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.

And the rocket cotinue to fly, every decision being made should be analyze deeply, it's not easy to follow how trend will bring you
good compensation.

But if you just follow without any research, most of the time you'll lose your investment. There's correction that you need to anticipate
but keeping your fate with understanding you have will save you from making mistakes.

philipma1957

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Quote from: cryptozanga on February 17, 2021, 10:14:10 AM

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.

Okay if you listened and did not buy at 50 k it now costs 52,400+

Ignore guys like this or anyone that tell you anything about buying it or not buying it.

The down side is simply this 52.4 k can drop way down

The up side is this:

if btc becomes the gold standard it will approach 500k

Decide what you can afford to lose each week and but some btc.

Or don't.

arufox

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Quote from: cryptozanga on February 17, 2021, 10:14:10 AM

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.

You know the thread call people who buy at $27000 are a fool, and now he learns something in the crypto world, and because we reach $50K, you make the same thread like him. People who invest their money in Bitcoin is not a fool, no matter when he buys it. Do you remember 2017 when are at the peak, maybe you call them fool when he buy at that time, but now they already take so much profits, You get the point

keyscore44

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Quote from: tippytoes on February 17, 2021, 04:55:54 PM

Quote from: StreakW on February 17, 2021, 04:38:34 PM

Quote from: cryptozanga on February 17, 2021, 10:14:10 AM

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.

The more bitcoin goes up, the most correction it will. It's not always right, because Bitcoin has a support line, if the support line not broken, bitcoin will fly again. When Bitcoin reach $30K, $40K, many people think this is not a good time to buy, but now?? Yes I believe that we will see the correction but the most correction is not this time

Definitely, the rise is not forever. However, the support is strong right now as many companies are still buying bulk of bitcoin. And institutions keep on coming to say about integration of btc in their payment system. But everyone should be ready as it may correct anytime, and no one knows when. So if you are a trader or a holder, you should prepare your contingencies on what to do so as to maximize your profits.

Actually, there is a big difference between a trader and a hodler in this case.
In the case of hodlers, the matter is simple, because they believe that the price will increase and, despite the corrections (small or large), they do not care about the current situation, but hold until the price is satisfactory for them to sell.
Traders have a more difficult position, but they have more options. If they are sure that the last correction is coming (after the last ATH before the bear market), they can play short and earn from the price drops.

tippytoes

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Quote from: StreakW on February 17, 2021, 04:38:34 PM

Quote from: cryptozanga on February 17, 2021, 10:14:10 AM

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.

The more bitcoin goes up, the most correction it will. It's not always right, because Bitcoin has a support line, if the support line not broken, bitcoin will fly again. When Bitcoin reach $30K, $40K, many people think this is not a good time to buy, but now?? Yes I believe that we will see the correction but the most correction is not this time

Definitely, the rise is not forever. However, the support is strong right now as many companies are still buying bulk of bitcoin. And institutions keep on coming to say about integration of btc in their payment system. But everyone should be ready as it may correct anytime, and no one knows when. So if you are a trader or a holder, you should prepare your contingencies on what to do so as to maximize your profits.

Fakhrulenclix

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Quote from: cryptozanga on February 17, 2021, 10:14:10 AM

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.

So you are waiting?? You wait until the price of Bitcoin correction, ok good decision but I want to ask you when the Bitcoin will correction?? You want to keep waiting until the train leaves you. No one knows when the best time to buy if you keep waiting until a big correction maybe you will regret your action

I don't think we will see a big correction now,

keyscore44

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Quote from: cryptozanga on February 17, 2021, 10:14:10 AM

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.

It's true that the faster and higher the Bitcoin price jump up, the larger and sharper the correction will be. However, it is not yet possible to say at this point what the final ATH will be. If that bull run will continues for a year or two more, the final correction may not be all the way to $50k. So in my opinion, it's too early to judge that this is a bad time to buy. On the contrary - if the final ATH will be at $300k and someone decides to sell right then, buying now can be a very profitable investment.

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Quote from: cryptozanga on February 17, 2021, 10:14:10 AM

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.

The more bitcoin goes up, the most correction it will. It's not always right, because Bitcoin has a support line, if the support line not broken, bitcoin will fly again. When Bitcoin reach $30K, $40K, many people think this is not a good time to buy, but now?? Yes I believe that we will see the correction but the most correction is not this time

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Quote from: DannyHamilton on February 17, 2021, 02:20:33 PM

Quote from: cryptozanga on February 17, 2021, 02:00:24 PM

It seems to me that either you bought for the first time in 2021 or you have no idea how volatile this market can be.

Your powers of prediction are really failing you, aren't they?

Quote from: DannyHamilton on June 28, 2012, 11:52:36 AM

I have a Bitcoin-qt wallet running in OSX Lion with only 1 address in it: 1Jaa7hidZ2PnmXhwfTyE3pKdjKT6WkQz4

This wallet/address received 1.0301101 BTC a bit more than 15 hours ago.

It seems pretty clear that I didn't acquire my first bitcoin in 2021. I've been around long enough to know that it can be quite volatile. I've also been around long enough to know that there is a lot of nonsense trying to "predict" when a "top" or "bottom" will occur as well as what that "top" or "bottom" exchange rate will be. 99% of the predictions are wrong. Will it go up in the future? Almost certainly. Will it go down in the future? Almost certainly. If you buy today, will you have an opportunity to sell for more? Impossible to predict. If you don't buy today, will you miss out on some growth opportunity? Impossible to predict.

of course they are, they are just delusional trying to drive the market where they want, they can not understand that the average value of bitcoin is always increasing, that's the only thing that matter not the top or bottom...

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Quote from: cryptozanga on February 17, 2021, 10:14:10 AM

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.

why not buy it at $ 50k? You shouldn't say that, say that polite guys, everyone here wants a price increase, and not to say stupid !,
we are still in the bullish zone and the price of $ 50k is very strong, look! prices are above $ 50k now,
of course people who buy at $ 50k are already making a profit, so we shouldn't be afraid, because everything is still good, to enter at $ 50k again,
this month Bitcoin must stay at $ 50k!

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Quote from: cryptozanga on February 17, 2021, 10:14:10 AM

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.

In my opinion, bitcoin is the safest coin to invest in because it's the number cryptocurrency in the market and for long-term investment, you could guarantee to make a good profit. It's not really that bad to buy bitcoin at any price point in the market as long as your going to hold your bitcoin in the long term. But compared to if you only buy in the deeps or dumps of bitcoin there will be much more room to make a profit. At this point, we can't really buy bitcoin at a low market price anymore so the only option was to buy in the deeps or correction.

cryptozanga

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Quote from: ChiBitCTy on February 17, 2021, 03:04:29 PM

Quote from: cryptozanga on February 17, 2021, 10:14:10 AM

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.

Says the newbie with 6 posts lol. We see your type around here plenty, people who come in just to talk shit about bitcoin. First of all, you don't have a clue nor does anyone else. People keep saying bitcoin is in a bubble, but you're foolishly ignoring the facts. Businesses like Microstrategy and Telsa have added it to their balance sheets, countless finance firms have either added it to their platform or their payment systems (paypal, venmo, cash app etc). There is still room for massive growth as other companies continue to express their supports.

Do I think we will never drop below 50k again? Of course not, but to ignore all that is happening and claim that the higher it goes the worse the crash will be is straight up misguided.

What the fuck does it have to do with having 6 posts? I have known Bitcoin for 6-7 years, in my right mind I think we will see a big correction, that's all.

ChiBitCTy

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Quote from: cryptozanga on February 17, 2021, 10:14:10 AM

Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.

Says the newbie with 6 posts lol. We see your type around here plenty, people who come in just to talk shit about bitcoin. First of all, you don't have a clue nor does anyone else. People keep saying bitcoin is in a bubble, but you're foolishly ignoring the facts. Businesses like Microstrategy and Telsa have added it to their balance sheets, countless finance firms have either added it to their platform or their payment systems (paypal, venmo, cash app etc). There is still room for massive growth as other companies continue to express their supports.

Do I think we will never drop below 50k again? Of course not, but to ignore all that is happening and claim that the higher it goes the worse the crash will be is straight up misguided.

cryptozanga

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Quote from: dupee419 on February 17, 2021, 02:26:30 PM

True, without the dump there is no pump, it's unlikely to see the price go up without it having to go down, though with the last crash, the price went down for a bit and then went up once again, and it had something to do with the "Elon Musk Influence", not only that but even if Elon Musk has helped BTC reaching a new ATH for Bitcoin, it is still inevitable and impossible for us not to see the crash of the price of BTC.

Exactly, it makes me laugh when there are people who believe that this will not stop rising, I totally agree that the BTC can reach 100K and probably in less than 2 years, but before that we will see a big correction, personally I was wrong since I thought that would be much earlier, this was due to the large investors that entered, but believe me it will happen.

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