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Topic: Bitcoin will drop to 20k is not time to buy btc now - page 2. (Read 975 times)

sr. member
Activity: 1009
Merit: 328
Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x
Well the best strategy is to wait for the very best time to buy, bullish market comes with the big risk so we need to have patience and wait for the best time to buy bitcoin, but there are still so many alternative way to earn in crypto we can do trading,buying some altcoin,etc,.For now the best way to earn is to buy some altcoin that has a capability to rise in the near future, example of some altcoin are BNB, DOGS,DOT,XRP,etc,.Those coins are good altcoin that can maybe rise soon and there's a lot more just choose the best to earn.
STT
legendary
Activity: 4102
Merit: 1454
Why does it have to move in one go to either extreme, anyone who trading on the basis they dont know everything which is most of us has to consider a buy on lows in order to avoid missing future highs.   There is a reasonable low, the point to consider now is the strength of the move which is probably around this 53k mark.   The weekly average is in this area so I would use that as easy reference we need to pass and hold that measure to keep momentum to the upside in this current recovery attempt.



20k can I dont disagree but also the way its viewed and I would expect it only as an extreme held briefly not some point to hold as a majority objective.  Just getting to 40k was my expectation this time.

GRaph shows we fell, we slowed the rate of descent and then we put in a bottom price outside the trend and rose.  Now it has prior selling volume to navigate to continue, no doubt traders will take profits several times and it wont move simply in one direction up or down.
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
There's no way it will happen especially on this current ATH.  Indeed its too far and every break out there's always a strong resistance or bottom stage FYI.

Well that's what we all what, we want a scenario that the price will never fall that low and it shouldn't naturally but you can never tell. Anything is possible in the industry, that's one fact that we should always keep in our mind before supporting or attacking a speculation. You can never know what fud the government are cooking up next.

The old tricks are no longer working that's why the fud haven't been coming up of recent but let that not decieve you that they're now on the same ships as the enthusiast. Also another economy disaster could dump the price to that value without days just like what we experience with the pandemic market crash.
legendary
Activity: 1540
Merit: 1002
I think the bull run is not the end. I prefer buy good altcoins now and hold it. I am waiting for altcoin raising.

I bought few altcoins 2 days before when bitcoin price dumped but today again those altcoins are dumping more because bitcoin is unable to stay above 50,000$. I think its still risky to invest in altcoins right now because they can still dump further. The fate of altcoin season now depends upon the bitcoin price. If bitcoin fall to 43-45K, i think altcoins season will be over.
It is quite risky considering the high fluctuation, we can see quite significant price changes this weekend which should be an uptrend for bitcoin (usually). There is still a possibility that bitcoin will still fall to the $20k price level, but not in the near future considering that there are still many large investors who hold bitcoin at the moment and I'm sure they won't let the price down easily
hero member
Activity: 2926
Merit: 640
Dude is a famous bear caller, I mean the OP, look at his messages and you will see that he talks about "I told you so" for the past 3 days about how bitcoin is in the bear market and that's it, he just does that, he keeps going around topic to topic saying "If you listened to me, I have told this before". Looking at the bitcoin price it is already over 50k once again, and there is no more drop, everything seems alright.

We are at a weekly 8% or so fall, if you didn't buy at 64k, you can't be in that much trouble, the 8% fall is nothing at all and can be recovered very quickly, even in a day. That is why I do not think that we should be worried too much, we should be calm about the current situation. Do not listen to people like OP, they just want to see bitcoin down, that is all they care about, that is not how market works, it is never down all the time, sometimes there are corrections and sometimes there are recoveries, we are back on recovery now.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
I bought few altcoins 2 days before when bitcoin price dumped but today again those altcoins are dumping more because bitcoin is unable to stay above 50,000$. I think its still risky to invest in altcoins right now because they can still dump further. The fate of altcoin season now depends upon the bitcoin price. If bitcoin fall to 43-45K, i think altcoins season will be over.
Hope you have bought well established altcoins and not the random/new/shitcoins. If you have bought known coins then definitely you will get into profits when bitcoin returning to bull trend. I believe it will be matter of one or two weeks of time. I was expecting bitcoin to bounce back to normal after testing $47k-$48k levels but unexpectedly there are more selling pressure as bitcoin haters are everywhere these days because they are believing more into altcoins after dogecoin kind of sudden goldmines.

To many BSC scam coins are now in the market right now and hopefully he didn't choose thag tokens as an alternative to hodl then earn a rewards in the long run since this BSC tokens scheme are 1 day run schemes from the dev.

But also regarding to BTC I'm not expecting for it to go lower than 40k since seems the bearish trend is done and bitcoins became calm so I expect the bull will be back since the bullish atmosphere still intact even if we see some dumps.
sr. member
Activity: 1554
Merit: 334
Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x

Well, I won't deny it because everything is possible in this crypto market, however, we are still in the bull cycle, perhaps if Bitcoin will continue to dip it could go all the way down to $40k then it will bounce back passing its current ATH. We could only see bitcoin at the $20k price mark is when we are already in the bear trend. Hence, I don't see any problem buying now though but it is still better if you will make an analysis of your own. Regarding buying altcoins if Bitcoin does really go deep down, most altcoins will follow so I don't think you will be able to make 2x-5x on the one.
sr. member
Activity: 2016
Merit: 283
There's no way it will happen especially on this current ATH.  Indeed its too far and every break out there's always a strong resistance or bottom stage FYI. but not that kind of price because it's unacceptable and seems the end of bitcoin. Lol
 As the matter of fact ever since before when downtrend occur it always find a new price to land but you will never see it fell to such distance.. So expect it will always happen especially now it improves a lot and  has strong support not the same before..
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
I bought few altcoins 2 days before when bitcoin price dumped but today again those altcoins are dumping more because bitcoin is unable to stay above 50,000$. I think its still risky to invest in altcoins right now because they can still dump further. The fate of altcoin season now depends upon the bitcoin price. If bitcoin fall to 43-45K, i think altcoins season will be over.
Hope you have bought well established altcoins and not the random/new/shitcoins. If you have bought known coins then definitely you will get into profits when bitcoin returning to bull trend. I believe it will be matter of one or two weeks of time. I was expecting bitcoin to bounce back to normal after testing $47k-$48k levels but unexpectedly there are more selling pressure as bitcoin haters are everywhere these days because they are believing more into altcoins after dogecoin kind of sudden goldmines.
full member
Activity: 812
Merit: 108
I think the bull run is not the end. I prefer buy good altcoins now and hold it. I am waiting for altcoin raising.

I bought few altcoins 2 days before when bitcoin price dumped but today again those altcoins are dumping more because bitcoin is unable to stay above 50,000$. I think its still risky to invest in altcoins right now because they can still dump further. The fate of altcoin season now depends upon the bitcoin price. If bitcoin fall to 43-45K, i think altcoins season will be over.
That is also my idea.  When the series of incidents related to Cex in Turkey.  I bought some SoVs that I think responded well to my mindset.  When bitcoin floated to out the room stood at $ 50k.  I decided to place it.  I don't think the uptrend will be able to return anytime soon.  And this, closes the official budget for investment for this period.
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That's a lot more riskier than just holding Bitcoin.
Go on and try riding the Doge hype.
Well, I think while clinging to the doge right now.  Those are people who love to play thrills.  Similar surfing from the top of the wave.  There have been horse races in which the rider was kicked.  Lol
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
I think the bull run is not the end. I prefer buy good altcoins now and hold it. I am waiting for altcoin raising.

I bought few altcoins 2 days before when bitcoin price dumped but today again those altcoins are dumping more because bitcoin is unable to stay above 50,000$. I think its still risky to invest in altcoins right now because they can still dump further. The fate of altcoin season now depends upon the bitcoin price. If bitcoin fall to 43-45K, i think altcoins season will be over.
sr. member
Activity: 2156
Merit: 323
Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
Keep complaining here Bitcoin present situation won't proof anything. It's your decision if you will stay in the boat or not. Bitcoin trading around ~$50k so taking $20k unrealistic for me. However, I'm really concerned when investing this highly volatile item. If Bitcoin drops below that I'll sell myself. Anyway, I'm looking at bounce back.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
Can you share with me from which factors you concluded that Bitcoin will drop to $20k, please.

Forecast, prediction, speculation are all non sense and zero value if you don't show reasons behind yours.
 
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Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
When will you predict Bitcoin drop deeper to $10k or $5k?

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but is good time to buy altcoins that can make you x2-5x
It can be correct but please note that not all altcoins will give your profit. Especially if you invest into Moon-DeFi or Moon-NFT tokens. They have been overhyped and not safe to invest.

Old altcoins can be one of best options from now till the end of this year.

even if he is correct proper investing is dca.

set buys at
48x
46k
44k
42k
40k

then

37k
34k
31k

lastly

28k
24k
20k
hero member
Activity: 2968
Merit: 687
Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x
Your choice but there are people whom would really risk out on buying bitcoin neither into those 60k levels because not all would really come after for short term profits but rather going for longer ones.

You should at least making out some re-check about your technical because if we do consider on pointing out those strong supports then 50k would be the toughest one and others will be
found on 40k levels and so on and its just too far for us to see the dip on 20k.

Everything could happen though but its less likely that we would really be heading back there into that level.
full member
Activity: 350
Merit: 101
Tontogether | Save Smart & Win Big
I think the bull run is not the end. I prefer buy good altcoins now and hold it. I am waiting for altcoin raising.
full member
Activity: 1176
Merit: 100
The OGz Club
Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 
I don't think that bitcoin price will drop to $20k. Though bitcoin price is dumping but this dumping will not continue till its price hit $20k. Also bitcoin is not a bubble that will brust and drop instantly. Bitcoin price can get down more but it will take time.
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Soon we'll reach good point to buy at 20k btc this good price.
How can gou sure that bitcoin Price will dump to $20k? In my opinion still this is good time to invest on Bitcoin.
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now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x
Buying Altcoins is good, i support that. But if anyone wants to make x2 - x5 profit then he/she need to choose good coin. And for this enough knowledge is required about Altcoins.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
So many news everywhere saying that "Don't buy BTC now"
Don't try to scare us. It really looks like propaganda.

Yes, that's how these groups are working in collusion with each other to sow FUD, you can see it in every social media now, FB, Twitter, Insta..

I would say you don't need to be scare, although it's natural because this people are playing with our emotions. But this is just a test, you don't need to panic and let this be a lesson for you specially that it seems you are new in the market and haven't seen this kind of FUD before.
After the decrease in the price we have seen during the last days it is natural that people are scared but we also know that there are many influencers that try to get an advantage over people and they are trying to scare people on purpose so they can obtain benefits while they do so.

But things are different now, the person that is now part of the market and this forum is way more resistant to that kind of attack, unfortunately those that use only social media and do not use this forum to inform themselves are more likely to sell their coins for a bad price.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
I do not feel any danger in buying bitcoin at the moment. It may not a good entry point, but it is still acceptable. The next big resistance is around $42000-$44000. Whales are waiting to buy bitcoin at this price. With the current momentum, if bitcoin ever hit $20000, there will be no bull run for cryptocurrency. $20000 is really really bad because it is more than 65% in a decrease from its ATH. This will affect badly the belief of investors since many of them will lose their money. We are, apparently, welcoming a lot of newcomers and they are quite confident with bitcoin since we have the power of institutional investors, and, obviously, the enormous influence of Mr.Elon Musk.

You can wait for $20k too. But I doubt that it will happen this year. Maybe in the next 2 years, bitcoin will drop to this price
full member
Activity: 2324
Merit: 175
Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x

Do you have proof or a chart that you can prove to us that Bitcoin will go down to $20k, obviously you are just creating FUDS, I thought this Bitcoin bubble thing ceases to exist after Bitcoin break and sets a new all-time high, so many newbies coming up with their analysis thinking that they are correct on what they are posting.
If you can't buy Bitcoin at  $60k then don't stop who can, and you will be forever waiting to buy Bitcoin at $20k.
legendary
Activity: 2758
Merit: 1228
Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x

Yeah your right its risky to buy at the moment since it looks like we can see a 30,000 level if all the support will get hit, maybe its best to hold our positions for a while and prepare to buy maybe this end or maybe next month to see if the price touch down more deeper than we expect. But if you want to trade better accumulate those cheap alts since almost all good coins now are at the bargain price so better accumulate now since most provably we can see a pump for the alts than the bitcoins now.
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