Bitcoin crash is inevitable - page 6.

januszzbych

newbie

Activity: 16

Merit: 0

I have to agree especially I want to laugh when Elon sad on tweet he buying Wink

Tesla is popped with the money so its not bankrupt Wink

investing now in btc its to risky, its more now like a piramidm, rich people will make money when the rest will have a btc as number on the end Wink

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.

ElmedoRator

full member

Activity: 826

Merit: 104

This is entirely possible, but how long will it take for it to happen. I have known this market for many years, even looking at the period when the coins fell 90% in value since reaching ATH, I still do not think it is the day when the market crashes, at each stage they are we should look at it differently. For the current situation is completely different when the new amount of money entering the market is money from large institutional corporations, simply think that they invest here and expect one day the market collapses? I think everyone sees the appeal of this market and that is why there are many believers and many skeptics.

Rikafip

legendary

Activity: 1722

Merit: 5937

I don't know whete are you getting that from, that people don't think that there will be some corrections. Thing is, people that are into bitcoin for a longer period of time don't care about those corrections as they know that they are perfectly normally, and if anything, it's a chance to acquire more BTC.

Regarding "bitcoin is too expensive now", people were saying exactly the same thing at 10,000, 20,000, 40,000 etc while we can see the price now. Simply put, best time to buy bitcoin is now! It doesn't mean that you have to go balls deep and invest everything that you have, but important thing is to start buying.

mk4

legendary

Activity: 2870

Merit: 3873

📟 t3rminal.xyz

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.

A price correction or a crash has always been inevitable. But this?

No one knows when the "best" time to buy is. Hence why a lot of us here are huge advocates of dollar-cost averaging. While there's the possibility that 51k is the peak, we don't even know, the 50k price might just be the 3k price of the 2017 bull market.

Also, if it ended up being the case that 51k is the peak, who cares. I'm pretty sure the people who bought the 20k peak in 2017 and held until today are totally happy.

serjent05

legendary

Activity: 3052

Merit: 1281

Get $2100 deposit bonuses & 60 FS

We can't deny the fact that correction always happens whenever Bitcoin price climbs fast but during a bull season, correction happens to be tag as a higher low and is always followed by a higher high. It is true that there is always a possibility of a Bitcoin crash and it often happens but the question is when. If we are unsure when will be the next Bitcoin crash then, why should we hinder ourselves from investing that can possibly give us a good profit before it crashes. It is good to be cautious but it shouldn't hinder us to see a possible opportunity that can give us a really good profit.

I remember a thread here about assuming/asking whether those that bought BTC at around $27k(can't remember the actual figure) can be considered a fool. And weeks after, his query is answered/debunked.

Jawhead999

legendary

Activity: 1862

Merit: 1209

If you're really a strong holders and will hold even when Bitcoin on crash, buying in any price wouldn't a matter. No one expect/predict Bitcoin will reach $50K right now, when Bitcoin goes to $3K people are loss faith while it's a good time to buy the dip.

So, people who're buy at $50K is not a fool, I would think a fool is people who not holding any Bitcoin until right now.

cryptozanga

jr. member

Activity: 40

Merit: 1

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.

Topic: Bitcoin crash is inevitable - page 6. (Read 677 times)