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Topic: Bitcoin has soared to new Heights , Now the Crash is starting , R U READY????? (Read 2047 times)

sr. member
Activity: 1078
Merit: 256
Looking at the steady price i do not foresee any crash in the coming weeks,it is still soaring high and we might have seen the price crashing down in the past but things have changed a lot from that situation,with every price dip there are more buyers and so you wont see that big of a fall at this phase.

I am really good at forecasting in traditional investment
 But crypto is a lot difficult to do

I'm into trading stocks and yes, crypto is a lot different and hard to predict. Crypto is really more of a speculative market and one negative news will have a big impact to the market.

Looking at the steady price i do not foresee any crash in the coming weeks,it is still soaring high and we might have seen the price crashing down in the past but things have changed a lot from that situation,with every price dip there are more buyers and so you wont see that big of a fall at this phase.

Totally agreed, the market landscape has change now. You won't see any big market crash anymore as compared a few years ago. Investors are really quick in putting a lot of orders when they see that the price is going down. I speculate than maybe 10% dip is already huge for some to really enter the market market. And there are a lot still waiting from the outside willing to put a lot of cash into the ecosystem. So I doubt that there will be a crash coming soon.
full member
Activity: 518
Merit: 100
Looking at the steady price i do not foresee any crash in the coming weeks,it is still soaring high and we might have seen the price crashing down in the past but things have changed a lot from that situation,with every price dip there are more buyers and so you wont see that big of a fall at this phase.

I am really good at forecasting in traditional investment
 But crypto is a lot difficult to do
hero member
Activity: 1426
Merit: 506
Looking at the steady price i do not foresee any crash in the coming weeks,it is still soaring high and we might have seen the price crashing down in the past but things have changed a lot from that situation,with every price dip there are more buyers and so you wont see that big of a fall at this phase.
hero member
Activity: 798
Merit: 503
Only a newbie who is just coming fresh into bitcoin and not only the forum, should be asked to prepare for a crash but unfortunately several people who been long enough and even aware display such level of ignorance. Everyday, I live with the possibility that a crash might happen and that's exactly what everyone should do and be prepared everyday and with that, you won't need to be notified of any preparation.
hero member
Activity: 1065
Merit: 510
Risk of losing 50% vs today (still on profit territory for most?)

vs.

Chances of getting a x10 to x50 (balls of steel required)



-> Choose your camp...
(Alts are proably a good way to hedge your game)
I would probably go for (balls of steel required)  Grin Since im a hodler then selling my bitcoin on any pricepoints wont be possible as of now unless if i see soaring prices already on bitcoin. It doesnt stop to amaze us anytime on the potential peak prices that it do gives this is why i do really believe on this coin no matter what happen im still accumulating coins as many as i can and at the same time i do make hedging on altcoin to make more side income.
sr. member
Activity: 644
Merit: 250
Risk of losing 50% vs today (still on profit territory for most?)

vs.

Chances of getting a x10 to x50 (balls of steel required)



-> Choose your camp...
(Alts are proably a good way to hedge your game)

I highly doubt that alts are a good hedge. Most are heavily correlated to the BTC price.
This is especially true for all of the more than 1000 altcoins, who are not even traded
for fiat directly and are exclusively traded against Bitcoin.

If BTC would crash tomorrow, you would see a bloodbath in altcoins as well.

A better hedge might be something else than fiat or cryptocurrency (precious metals, real estate, stocks...).
Even the top ones like ETH tends to follow variations of Bitcoin market. Altcoin market depend more than what we think, on Bitcoin. Added to that Altcoins are quite risky a bet. Many have encountered loss in Altcoin trading because of the decentralized and unregulated nature of the market. Many things that are considered illegal in centralized and regulated market(Forex and stock market) are prevalent in Altcoin market(pumps and dumps being the major). It is really hard to predict market and hence, becomes the reason for loss. Bitcoin on other hand is the best investment in terms of risks and returns.
sr. member
Activity: 658
Merit: 282
Risk of losing 50% vs today (still on profit territory for most?)

vs.

Chances of getting a x10 to x50 (balls of steel required)



-> Choose your camp...
(Alts are proably a good way to hedge your game)

I highly doubt that alts are a good hedge. Most are heavily correlated to the BTC price.
This is especially true for all of the more than 1000 altcoins, who are not even traded
for fiat directly and are exclusively traded against Bitcoin.

If BTC would crash tomorrow, you would see a bloodbath in altcoins as well.

A better hedge might be something else than fiat or cryptocurrency (precious metals, real estate, stocks...).
full member
Activity: 336
Merit: 101
Risk of losing 50% vs today (still on profit territory for most?)

vs.

Chances of getting a x10 to x50 (balls of steel required)



-> Choose your camp...
(Alts are proably a good way to hedge your game)
legendary
Activity: 1722
Merit: 1000
As someone who bought at the "peak" in 2013 and should of sold out when BTC was at $1500 and "had a chance to get my money back"  YAAA I am holding.  Is BTC $5,200.00 Canadian?  Oooh why yes yes it is.
WITH THAT SAID.. if you think this shit is going straight to $500,000.00 and no dips in between.. get out now.  There is a high chance we dip back down to $1-2000 for years.
legendary
Activity: 2786
Merit: 1031
Bitcoin has soared to new Heights , Now the Crash is starting ,  R  U READY?Huh?

Look at Bitcoin Chart
The very top of the price peak has been reached, there is NO WHERE TO GO BUT DOWN!!!
https://coinmarketcap.com/currencies/bitcoin/

Are you ready to Cash Out?
http://4.bp.blogspot.com/-cHjuyPXZ1Ek/Vj3lM5L8XII/AAAAAAAAAC0/CohMltkpak8/s640/Most%2Bbeautiful%2Bwoman.jpg


Or

Will you ride it all the way down to the bottom?
http://www.conservapedia.com/images/thumb/3/3e/PANIC08.jpg/300px-PANIC08.jpg
https://www.lombardiletter.com/wp-content/uploads/2017/01/Stock-Market-Crash-2017.jpg


╥Aztek

Are you calling top?

Do you have any history we ca check of accurate predictions?

Can you support your prediction with some more information, people have been calling top for quite some time and falling, if you already sold all your coins because you think this is the top you may get REKT really soon.
sr. member
Activity: 700
Merit: 250
For those who are familiar with bitcoin, of course they are already ready for the crash and some doesn't even feel threatened about the crash because it is already expected to happen. Those who may be panicking would most likely be new to the crytoworld. But for me, I'm always ready whatever crash that comes along the way.
full member
Activity: 770
Merit: 126
Any further decline in the market value of Bitcoin will create an avenue for me to buy more of Bitcoin pending when the market value of Bitcoin increase. Although the decline might have a negative effects on my current investment but not withstanding am always ready for what ever happen to the market value of Bitcoin.
hero member
Activity: 658
Merit: 505
What crash, why do you people make panic again? This is really annoying me. Some correction in price happens and new dramatic posts appear on forum instantly. If you are new in bitcoin just inform yourself and research some information and analysis from the past, you will learn a lot. Just keep calm, price is on the way up again.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
The price is already climbing again on his way to $5,000 mark

Well it's climbing to the $4300 point, where it faces some resistance. I think people are holding off till segwit is activated, and then they'll wait a few days to see if it is being used.
full member
Activity: 630
Merit: 103
Bounty Manager For Hire!!
The price is already climbing again on his way to $5,000 mark
hero member
Activity: 560
Merit: 500
The lower it goes the longer it will take to go back up though. Also if people are fearful enough of Bitcoin then it would collapse due to no practical use. For example, if I had all the money in the world it would be useless. Since I'm the only one who has it, everyone else just neglects the system and uses something else.
I agree that the longer it takes that the lower it goes, the longer it takes to go back up but I wonder if bitcoin will ever go that low again? I think the lowest possible price for now when price really crashed as expected is just sub 1000$ or near 800$ no more, no less. If it will go down more, I am sure it will be pretty devastating for bitcoin but it will go back up again to 800$ since japan legalized bitcoin usage so it has real world use nowadays.
full member
Activity: 383
Merit: 161
Listen to this guy please, because we need more people to panic for the price to go much lower. The people who has been around for a long time, know what this means : Cheap Cheap Cheap Coins !!!!

The lower it goes, the more we can buy and the bigger our profits are when it goes up again. A mini dump/crash like this, usually indicate that a breakout is around the corner. This dump is not backed by any significant event, so it is pure market manipulation. < Sharks playing with the markets >

The lower it goes the longer it will take to go back up though. Also if people are fearful enough of Bitcoin then it would collapse due to no practical use. For example, if I had all the money in the world it would be useless. Since I'm the only one who has it, everyone else just neglects the system and uses something else.
full member
Activity: 336
Merit: 101
Btc did not reached any new heights today!! what you are talking about !!! it should pass $4380+ to say it reached new heights . which it didn't .
The only point to cashout to is $4500 maybe even $5000 and the cashout is only to buy cheaper to make more money but if BTC is going down no one in the world can convince me to sell because I simply know for fact it will bounce back as it always do .

Actually, the initial post was referring to the dip we saw hours ago. (Following the $4,4k rally)

Anyway... with such title, I am sure we can revive this thread every time we reach new heights or at every following  dip...
hero member
Activity: 1036
Merit: 502
Btc did not reached any new heights today!! what you are talking about !!! it should pass $4380+ to say it reached new heights . which it didn't .
The only point to cashout to is $4500 maybe even $5000 and the cashout is only to buy cheaper to make more money but if BTC is going down no one in the world can convince me to sell because I simply know for fact it will bounce back as it always do .
That's what we called spirit! Some are just speculating so that they can also get money from putting down bitcoin's name though they don't even know the future of it. The point here is that maybe they've lost a lot of money when they made a wrong decision in selling or in trading. The mere fact that it makes them frustrated and  having  emotional instability. I definitely agree that it will bounce back as always. Through the years, the situation is just normal for us members and who are willing to wait patiently on something that is to testify if you are truly consistent of your loyalty being a bitcoiner. So to those speculators, don't make yourself welcome in here if you can't control your emotion.
sr. member
Activity: 840
Merit: 266
Btc did not reached any new heights today!! what you are talking about !!! it should pass $4380+ to say it reached new heights . which it didn't .
The only point to cashout to is $4500 maybe even $5000 and the cashout is only to buy cheaper to make more money but if BTC is going down no one in the world can convince me to sell because I simply know for fact it will bounce back as it always do .
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