Bitcoin fall below $30k - page 4. | Bitcointalksearch.org

speedy963

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Quote from: wiss19 on May 21, 2022, 04:34:03 AM

You guys predicted it well that 30k will come but it doesn't mean that your next prediction will be accurate again and as we can see the price now is stabilizing at 29k and the month of may is slowly coming to an end.

After every new month people expects that the price will get better so maybe by the beginning of June, the price won't go down again but it will only go up, up to the point where we can make a new support and that will be above 50k or higher than it. By that said maybe you guys can start stacking bitcoins now. Don't be greedy and wait for more lows because maybe this is the last time we will see bitcoin below 30k levels.

The way the market has been going since November last year, I really don't know anymore. Maybe it's just some error on my indicators and how I interpreted them in the last couple of months but I am still not too confident with btc right now. Although, it's doing good this Saturday and may possibly do well also tomorrow but it can also go even further down. Some are even speculating prices around 12k-19k which aren't that far fetched as well but either way, I won't be over buying or over DCA-ing. It's also what I recommend to most newbies right now. It's good to stack on bitcoin and other great altcoins out there on bearish seasons but if you think you have already invested enough, then don't invest any more than you already have. Always leave extra for better prices or moments where there is a huge chance of reversal with a lot of confirmations on your chosen indicators.

rahmatrf331

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why wait for bitcoin price below $30k don't get stuck with a greedy mind so you can't buy the right bitcoin price. now bitcoin has gone down to $29k so now is a good time to buy and don't go down again because it hasn't bitcoin can go down again.

wiss19

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You guys predicted it well that 30k will come but it doesn't mean that your next prediction will be accurate again and as we can see the price now is stabilizing at 29k and the month of may is slowly coming to an end.

After every new month people expects that the price will get better so maybe by the beginning of June, the price won't go down again but it will only go up, up to the point where we can make a new support and that will be above 50k or higher than it. By that said maybe you guys can start stacking bitcoins now. Don't be greedy and wait for more lows because maybe this is the last time we will see bitcoin below 30k levels.

Tellek Garing

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Quote from: Chato1977 on May 20, 2022, 09:07:42 PM

Quote from: Tellek Garing on May 11, 2022, 08:46:45 AM

As we are all aware of the volatility of the Bitcoin/cryptocurrency market which give the industry the speculative tendency to allow for analysis of the market from various analysts, as the week started in an unpredictable wave of downward movement which is the lowest for a long time since 2021 many predicted thirty thousand dollars price as the bearish minimum for this season but as at the time of making this post Bitcoin price is already below 30k region and this make me think what the next limit price will be I predict $25k as the lowest Bitcoin can fall to.

and there are some speculation i come around that this is not the end of bear market , because some says it will fall down below 20k this year .

though i doubt it will happen but best if we will be ready in case it come to reality .

If anyone expects the bear market to end any moment from now then that person must be joking and any expectations will prepare for more market, and if you have the opportunity to buy the dip it is most welcome.

The cryptocurrency market generally is full of up and down, for sure the bull market is going to come around but when that will be no body can predict it so we have to ride with the wave of the moment.

MiF

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Quote from: Chato1977 on May 20, 2022, 09:07:42 PM

Quote from: Tellek Garing on May 11, 2022, 08:46:45 AM

As we are all aware of the volatility of the Bitcoin/cryptocurrency market which give the industry the speculative tendency to allow for analysis of the market from various analysts, as the week started in an unpredictable wave of downward movement which is the lowest for a long time since 2021 many predicted thirty thousand dollars price as the bearish minimum for this season but as at the time of making this post Bitcoin price is already below 30k region and this make me think what the next limit price will be I predict $25k as the lowest Bitcoin can fall to.

and there are some speculation i come around that this is not the end of bear market , because some says it will fall down below 20k this year .

though i doubt it will happen but best if we will be ready in case it come to reality .

No matter what people say whether thier speculations true or not there is only one thing for sure and that is buying on dip is a big opportunity so i think we don't need to wait and look at the price dropping we need to do actions and that is buying. Don't believe on someone who says that the market will fall or rise do your own research.

Chato1977

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Quote from: Tellek Garing on May 11, 2022, 08:46:45 AM

As we are all aware of the volatility of the Bitcoin/cryptocurrency market which give the industry the speculative tendency to allow for analysis of the market from various analysts, as the week started in an unpredictable wave of downward movement which is the lowest for a long time since 2021 many predicted thirty thousand dollars price as the bearish minimum for this season but as at the time of making this post Bitcoin price is already below 30k region and this make me think what the next limit price will be I predict $25k as the lowest Bitcoin can fall to.

and there are some speculation i come around that this is not the end of bear market , because some says it will fall down below 20k this year .

though i doubt it will happen but best if we will be ready in case it come to reality .

Dave1

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Quote from: savetheFORUM on May 20, 2022, 04:12:08 PM

Quote from: 19Nov16 on May 19, 2022, 08:53:44 AM

I'm sure the market that is still red until now will end soon, although many find similarities with a 4 -year trend, namely the price will drop when it previously reached ATH but if you see a very large transaction volume I am sure the market will rise again and soon.

The liquidity is low right now compared to what it used to be, which means that we need to focus a bit more towards the liquidity part of it and that way we could be understanding when the market will get better. You need to also realize the difference between volume and liquidity as well because there is a huge difference.

Volume means the transactions, and it is still around 30 billion according to CMC, and it was like that when we were 40k+ as well and that was a great deal, today it is still around 30 billion and we should be focusing a bit more on that. This is why I believe that liquidity means a lot, volume doesn't mean that much.

Regardless though, for me volume is as much as important as liquidity.

We can see obviously if we are still in the range of volumes in the past and it could signal whether we are in the bearish or bullish cycle.

So far though, the volume is very low, an indication that we are indeed in the bear cycle. And if my chance it increases then it will coincide with a good recovery at least we can felt a chance of 1%-5% in the price if volume increases.

savetheFORUM

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Quote from: 19Nov16 on May 19, 2022, 08:53:44 AM

I'm sure the market that is still red until now will end soon, although many find similarities with a 4 -year trend, namely the price will drop when it previously reached ATH but if you see a very large transaction volume I am sure the market will rise again and soon.

The liquidity is low right now compared to what it used to be, which means that we need to focus a bit more towards the liquidity part of it and that way we could be understanding when the market will get better. You need to also realize the difference between volume and liquidity as well because there is a huge difference.

Volume means the transactions, and it is still around 30 billion according to CMC, and it was like that when we were 40k+ as well and that was a great deal, today it is still around 30 billion and we should be focusing a bit more on that. This is why I believe that liquidity means a lot, volume doesn't mean that much.

Japinat

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Quote from: ShowOff on May 19, 2022, 01:36:27 PM

Quote from: Japinat on May 19, 2022, 08:22:00 AM

That's right because it's not the first time we witness this kind of scenario. In 2018, it's even worst that what is happening now, so I don't think we have to give up or dump what we have now, instead, we hold it strong and accumualte if we have a chance.

It is impossible to make a profit from bitcoin without having it in your wallet or on an exchange. I don't know exactly why people started believing in the potential of bitcoin but didn't want or didn't have the courage to buy it. This is of course inversely proportional to what they are talking about because in fact they do not dare to invest with the risk.

The best opportunity to collect bitcoins is when the price drops lower or is on the dip, that is advice that keeps repeating but is still doubted by some. Although no one guarantees profit from bitcoin investment, but we definitely know that it is profitable for most of the time and occasions.

The current price is already cheap, yes, we can always look for a cheaper price but can we guarantee that bitcoin would still fall below $20k? Nah, no one could guarantee, so I think buying now would give us an opportunity to make a decent profit if we are talking of short-term investment.

South Park

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Quote from: Tellek Garing on May 18, 2022, 11:50:02 AM

Quote from: Nrcewker on May 18, 2022, 07:58:23 AM

So I would advise all my fellow Bitcointalkers buy as much Bitcoins as they can in this harsh time.
And at last wait at least a month to see the profits and thank me later.

This is the best advice ever for users to hold more Bitcoin during this period of the bear market because in due time those who handle will gain massive returns but if you are a weak hand and rushed to sell off your Bitcoin holding you may regret why you took that decision to sell in a bear market.

Bitcoin is a rare asset as you have rightly said and you don't lose if you don't sell below the price so holding bitcoin never makes you lose only if you sell. Nice one ops.

It is a good advice however we need to understand that not every single person can do something like this, only those that have a lot of experience and that have gone through other bear markets before can hold their coins even in the most adverse circumstances, newbies and traders which are relatively new to the market will have problems doing something like this as they may sell their coins while in panic, so for those people it is better to wait a little bit more and only invest once the market is not moving as much as it has been moving during the past weeks.

Digital_Lord

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As we are seeing Bitcoin is dropping day by day and still we can't see any reversal in the Market. Already market create a bottom of 26k so again we can expect 20k to 25k in coming days. Or even more down. So we can prepare for these targets. In my opinion we can buy in every step to get more dip entries and reserve some funds for worst case senerio.

jaberwock

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Quote from: Nrcewker on May 18, 2022, 07:58:23 AM

Bitcoins price falling more than once below 30k usd this year ? I can’t recall it.
This is the bearish time after a huge days gap, for this i guess many people are fearing and selling their coins?
But i guess this is really a mistake and for this the coin’s price is decreasing more.
The fact that people are forgetting is BTC is very rare asset, the more you hold the more you will get a later period of time.
So I would advise all my fellow Bitcointalkers buy as much Bitcoins as you can in this harsh time.
And at last wait atleast a month to see the profits and thank me later.

The small dips are people usually talk about. I mean it is not really that much of a big deal, usually it doesn't go down that much, but there are too many people who think that just because it went to 30008 and then dropped to 29994 then it is another dip below 30k for some reason.

Maybe it is not that obvious but it keeps happening, and moves less than 1k dollars between 29k+ and 30k and it keeps getting something from people, and many people complain and keeps saying that they can't really end up getting any profit because of the ups and downs and all of that. This shouldn't be a problem for anyone because it's not a big deal to wait for a bit more.

ShowOff

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Quote from: Japinat on May 19, 2022, 08:22:00 AM

That's right because it's not the first time we witness this kind of scenario. In 2018, it's even worst that what is happening now, so I don't think we have to give up or dump what we have now, instead, we hold it strong and accumualte if we have a chance.

It is impossible to make a profit from bitcoin without having it in your wallet or on an exchange. I don't know exactly why people started believing in the potential of bitcoin but didn't want or didn't have the courage to buy it. This is of course inversely proportional to what they are talking about because in fact they do not dare to invest with the risk.

The best opportunity to collect bitcoins is when the price drops lower or is on the dip, that is advice that keeps repeating but is still doubted by some. Although no one guarantees profit from bitcoin investment, but we definitely know that it is profitable for most of the time and occasions.

suzanne5223

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Quote from: Pejoh Asu on May 19, 2022, 04:38:38 AM

Surely this is sad for me, I bought Bitcoin when the price of October 2021 was more than $ 54k, and sold partly when the price of $ 46k, now the price of dropped below $ 30k, of course this is the thing that makes many investors panic, but I will try to do the analysis whether it will hold or sell.

There's no reason for you to sell your BTC holding since you bought at the ATH price (thats if you don't need an emergency fund for something that has to do with life), the best thing you can do now is hold while you invest about 25% of your new capital into the current market and you can sell some portion of the new investment in profit.
Understand this, every crypto investor that panics because of the current bearish of the market is an inexperienced investor because the market correction should be expected after the halving effect market is over.

19Nov16

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I'm sure the market that is still red until now will end soon, although many find similarities with a 4 -year trend, namely the price will drop when it previously reached ATH but if you see a very large transaction volume I am sure the market will rise again and soon.

Japinat

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Quote from: ShowOff on May 19, 2022, 05:28:27 AM

Quote from: Pejoh Asu on May 19, 2022, 04:38:38 AM

Surely this is sad for me, I bought Bitcoin when the price of October 2021 was more than $ 54k, and sold partly when the price of $ 46k, now the price of dropped below $ 30k, of course this is the thing that makes many investors panic, but I will try to do the analysis whether it will hold or sell.

You don't have to worry if your goal of investing is to make a profit in the long run. Bitcoin has great potential in the future and I believe it will be more expensive and will probably score new ATH again.

What you need to avoid is panic because it will only cost you. Hold is the best option now if you don't want to sell and accept losses, wait and you will enjoy the results in the future.

That's right because it's not the first time we witness this kind of scenario. In 2018, it's even worst that what is happening now, so I don't think we have to give up or dump what we have now, instead, we hold it strong and accumualte if we have a chance.

ethereumhunter

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Quote from: Pejoh Asu on May 19, 2022, 04:38:38 AM

Surely this is sad for me, I bought Bitcoin when the price of October 2021 was more than $ 54k, and sold partly when the price of $ 46k, now the price of dropped below $ 30k, of course this is the thing that makes many investors panic, but I will try to do the analysis whether it will hold or sell.
[/quote
That's sad for many people, especially those who haven't sold bitcoin at yesterday's ATH because they were expecting another high. It's best if you stick around and don't sell your bitcoins or altcoins at this point because it will cost you money. But if you are in an important situation or there is an urgent need for money, then it is up to you to sell your bitcoins to cover that need. I sold a small part of my bitcoins not because I panicked to see the price drop but because I had an urgent need.

ShowOff

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Quote from: Pejoh Asu on May 19, 2022, 04:38:38 AM

Surely this is sad for me, I bought Bitcoin when the price of October 2021 was more than $ 54k, and sold partly when the price of $ 46k, now the price of dropped below $ 30k, of course this is the thing that makes many investors panic, but I will try to do the analysis whether it will hold or sell.

You don't have to worry if your goal of investing is to make a profit in the long run. Bitcoin has great potential in the future and I believe it will be more expensive and will probably score new ATH again.

What you need to avoid is panic because it will only cost you. Hold is the best option now if you don't want to sell and accept losses, wait and you will enjoy the results in the future.

Pejoh Asu

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Surely this is sad for me, I bought Bitcoin when the price of October 2021 was more than $ 54k, and sold partly when the price of $ 46k, now the price of dropped below $ 30k, of course this is the thing that makes many investors panic, but I will try to do the analysis whether it will hold or sell.

Tellek Garing

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Quote from: bakasabo on May 19, 2022, 04:15:59 AM

I am getting tired of all this price falls, article and topic with price change discussion. No matter what everyone discuss or predict, Bitcoin is following his own price flow.
I have chosen tactics to observe and not interfere in trading for at least a year. No use be nervous and lose nerve cells thinking about price changes. I'd better switch on something else to try to learn new.

If one have followed Bitcoin movement since the start we will noticed that Bitcoin truly follows it own market pattern truly even though there is a steadily followed pattern as as bull and bear market which make the price to be speculative.

When market crash one of it advantage is the opportunity to starch.

Topic: Bitcoin fall below $30k - page 4. (Read 1021 times)