Fall of BTC open the opportunity to buy alts

Frengki_cisco

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Quote from: MidNite36 on April 11, 2022, 08:13:16 AM

If BTC fall down to 19,000$ again how much do you think that those top altcoins will cost? Solana, Avalanche, Terra and others, lately are you looking at the BTC chart? It looks like BTC will go Bear phase from now on, isn't it better to buy altcoins then than right now?... I'm hoping this opportunity comes though what about you?

I remember history in 2019, Bitcoin stood at $6000 level, Altcoins all dropped to their lowest level ETH was $200, others were even worse including BNB $20.

If BTC plunges to the level of $19k, who believes the opportunity to buy altcoins is very possible and the opportunity should not be wasted, Solana will also have the same, cheaper could be at the level of $19, it has happened in the past 52 weeks.

jrrsparkles

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Quote from: MidNite36 on April 11, 2022, 08:13:16 AM

If BTC fall down to 19,000$ again how much do you think that those top altcoins will cost? Solana, Avalanche, Terra and others, lately are you looking at the BTC chart? It looks like BTC will go Bear phase from now on, isn't it better to buy altcoins then than right now?... I'm hoping this opportunity comes though what about you?

Most of the altcoins will lose its value more than 80% from current price or its ATH, but from that Bitcoin has potential to recover while some alts may never recover from their drop because it happened in the past even most reputed altcoins vanished now so the trend keep changing in the altcoin sector so I won't take risk unless I see the clear indication of price is recovering.

doctor877

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On chart, this price is possible but it won't happen in a single phase. It will be in different forms. The main challenge is having the patience to wait for this to buy. The system to use is to buy at different levels as evident on chart.

andriarto

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if that happens, the market will be more crowded as it approaches the reversal area. At that time the buyers have started to get busy and will continue when the direction of the reversal is clear. to get a big profit, then we can choose altcoins to invest, because of course the price will also go down and we can buy it at a low price and when the bullish season occurs, then it's time to harvest our investment. but what to remember when we invest in altcoins must be potential altcoins or altcoins at the top

JohnBitCo

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Quote from: bounceback on April 12, 2022, 07:36:13 AM

Quote from: MidNite36 on April 11, 2022, 08:13:16 AM

If BTC fall down to 19,000$ again how much do you think that those top altcoins will cost? Solana, Avalanche, Terra and others, lately are you looking at the BTC chart? It looks like BTC will go Bear phase from now on, isn't it better to buy altcoins then than right now?... I'm hoping this opportunity comes though what about you?

The crypto market is already different from previous years, now the market has grown stronger as it has been widely adopted by the society so even though this year the market will enter a bear market it is very likely that the bitcoin price will not drop lower below $20k as you mentioned because during the beginning of the year to date the lowest price for bitcoin is $30k.

It won't be easy fo bitcoin to reach 20,000$. There is a lot of demand at 30K and i don't think bitcoin should go below this value. The fall of bitcoin causes altcoins to dump a lot and also if bitcoin does not recover quickly, altcoins can even go below thier tested support and many take months to recover. We have seen that many altcoins made thier all time high last year and they are 60-80% down right now.

Altcoin market is very volatile and even if altcoins are avaiable at low prices, one should always keep money management in place. Opening big position in altcoins can be risky at times.

indo1

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I agree with you, we all have to wait for a bear market because it is the best way to buy our favorite coin cheaply, but I haven't bought it yet, I think bitcoin will go up for a while, because some telegram channels about the analysis I follow bitcoin have not confirmed bearish (although this is an opportunity) but I think it's better to take a safer chance.
When bitcoin falls at the lowest support, this is a profit field for altcoin buyers, so prepare your assets to buy your favorite coin.

Pandu Geddon

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Quote from: Rengga Jati on April 12, 2022, 06:50:53 PM

Quote from: MidNite36 on April 11, 2022, 08:13:16 AM

If BTC fall down to 19,000$ again how much do you think that those top altcoins will cost? Solana, Avalanche, Terra and others, lately are you looking at the BTC chart? It looks like BTC will go Bear phase from now on, isn't it better to buy altcoins then than right now?...

Are you sure with this? the bear market of BTC is coming right now?
well, A prediction is a prediction, we can say about the bear phase, no need to worry.
but once BTC is falling down in the bear market, Why should collect more altcoin? I personally will add portofolio again in BTC. even I will also pick the altcoins but exactly only top altcoins.
let's face this kind of issues without panic, just let it be.

it does look weird when BTC goes down why should you let go of BTC and put in altcoins. On the contrary, the situation will be reversed, when BTC goes down, it could be that once it stabilizes adoption will start happening again. some of those who don't have stable coins will release their Altcoins to get cheap BTC.
when BTC experiences a decline, there will be a large proportion of altcoins that will follow the market trend formed by BTC. maybe there will be some altcoins that go up or even stabilize when there is a correction in the market.

sayaya17

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Quote from: Kasabus on April 12, 2022, 06:11:01 PM

Quote from: cabron on April 11, 2022, 09:02:10 AM

The bear market of BTC means also bear for altcoins. You are not safe either to buy altcoins this time. But you may have to wait for months to finally see whether the bear market will be over. I'm not very sure actaully where the market will go from here, it could even go up again by mid this month.

The opportunity is from the traders who had sold thier BTC for stablecoin while the price of BTC goes up. If you are holding BTC still to buy altcoin then you have lost that opportunity already.

Opportunities are great when you start to seize it at its bear season. So definitely, its the perfect time to accumulate more bitcoin than altcoins. Because if you focus on altcoins since they are more cheap, your future profits will be lesser too. But if you stick with bitcoin, you can maximize the opportunity through buying more and selling more for huge profits.

I agree however our main focus should still be to collect as much Bitcoin as possible when the market is down like it is now. Because after all Bitcoin is
the best asset for investment, even until now there has not been a single altcoins that can beat Bitcoin. But that doesn't mean we shouldn't invest
in altcoins at all, I mean that buying Bitcoin should always be a priority over altcoins. Especially if we have no knowledge of the crypto world and
are inexperienced, focusing on investing in Bitcoin is the best. But if we are experienced in the crypto world and have good analytical skills,
investment diversification must be done. Even so, the percentage of Bitcoin purchases must be higher than altcoins. Usually, my share of capital is 70%
to buy Bitcoin and 30% to buy altcoins, So far, the diversification of investments that I have made has provided optimal profits.

Rengga Jati

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Quote from: MidNite36 on April 11, 2022, 08:13:16 AM

If BTC fall down to 19,000$ again how much do you think that those top altcoins will cost? Solana, Avalanche, Terra and others, lately are you looking at the BTC chart? It looks like BTC will go Bear phase from now on, isn't it better to buy altcoins then than right now?...

Are you sure with this? the bear market of BTC is coming right now?
well, A prediction is a prediction, we can say about the bear phase, no need to worry.
but once BTC is falling down in the bear market, Why should collect more altcoin? I personally will add portofolio again in BTC. even I will also pick the altcoins but exactly only top altcoins.
let's face this kind of issues without panic, just let it be.

Kasabus

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Quote from: cabron on April 11, 2022, 09:02:10 AM

The bear market of BTC means also bear for altcoins. You are not safe either to buy altcoins this time. But you may have to wait for months to finally see whether the bear market will be over. I'm not very sure actaully where the market will go from here, it could even go up again by mid this month.

The opportunity is from the traders who had sold thier BTC for stablecoin while the price of BTC goes up. If you are holding BTC still to buy altcoin then you have lost that opportunity already.

Opportunities are great when you start to seize it at its bear season. So definitely, its the perfect time to accumulate more bitcoin than altcoins. Because if you focus on altcoins since they are more cheap, your future profits will be lesser too. But if you stick with bitcoin, you can maximize the opportunity through buying more and selling more for huge profits.

Smitty Werben Man Jensen

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Quote from: glendall on April 12, 2022, 04:49:43 PM

very sad if bitcoin reaches the point of 19k$ again, in my mind if bitcoin reaches that point, then altcoins will be increasingly worthless and it will take 4 years to return, even then if bitcoin's journey is smooth, I hope bitcoin doesn't touch 19k$ stuck at 40k $ only so that existing altcoins still have value

I don't think Bitcoin is going to drop drastically until it reaches $19k and hopefully not,
the crypto market is not stable still up and down so sometimes we see the price of Bitcoin going up and sometimes going down again,
the altcoin market is the same because it depends on the Bitcoin price movement

Vaculin

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Winding down.

Quote from: MidNite36 on April 11, 2022, 08:13:16 AM

If BTC fall down to 19,000$ again how much do you think that those top altcoins will cost? Solana, Avalanche, Terra and others, lately are you looking at the BTC chart? It looks like BTC will go Bear phase from now on, isn't it better to buy altcoins then than right now?... I'm hoping this opportunity comes though what about you?

If bitcoin will fall its price deeply, then we can expect that altcoins will experience worst prices than bitcoin. But i don't see your point why you are seeing more opportunities to make profits in altcoins rather than to focus on bitcoin. If you aim for maximum profits, then always take advantage of buying bitcoin while its still very affordable. That way, if you can maximize buying bitcoin, then you have high chances to be more profitable when the prices have increased a lot and that you will sell them for huge returns.

glendall

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very sad if bitcoin reaches the point of 19k$ again, in my mind if bitcoin reaches that point, then altcoins will be increasingly worthless and it will take 4 years to return, even then if bitcoin's journey is smooth, I hope bitcoin doesn't touch 19k$ stuck at 40k $ only so that existing altcoins still have value

doomloop

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Quote from: ringgo96 on April 12, 2022, 04:53:46 AM

Looking at the current value of bitcoin then I am not sure that later the value will fall to $ 19,000, although this could happen but looking at the development of bitcoin today all feel difficult to return to the lowest value in the past, when the market is experiencing a decline we must have their own plans in investing especially in collecting potential altcoins for us to store in the long term, Actually investing today is also very suitable for some potential altcoins that are in decline.

I am pretty sure it won't be 19k neither. I do not believe it would even go under 30k for too long, it may crash to under 30k for a very brief moment but will bounce back from those levels for sure, people who are expecting it to go down are the people who either do not want crypto to do well, or people who do not have any and want to buy at a very low level so they could get rich.

Remember, bitcoin going from 19k to 100k would be only a mere x5, which is AWESOME in regular investment world but for crypto people see that as low, but ETH going from 150 bucks levels where it was, to 5k would be nearly 20x return and if you go even lower, there are x100 ones, so there are some who wants it low.

Faisal2202

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Well as far as i know when btc dominance decreases the alt price increases, and when the price will decrease the dominance decrease. it's game of fear greed, the adoption of btc has gone wild now, that it made some heavy support line which i think it will not break, alt depends on btc.

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Quote from: MidNite36 on April 11, 2022, 08:13:16 AM

If BTC fall down to 19,000$ again how much do you think that those top altcoins will cost? Solana, Avalanche, Terra and others, lately are you looking at the BTC chart? It looks like BTC will go Bear phase from now on, isn't it better to buy altcoins then than right now?... I'm hoping this opportunity comes though what about you?

The crypto market is already different from previous years, now the market has grown stronger as it has been widely adopted by the society so even though this year the market will enter a bear market it is very likely that the bitcoin price will not drop lower below $20k as you mentioned because during the beginning of the year to date the lowest price for bitcoin is $30k.

Ketesnuko

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In the long run, the crypto market looks bearish to me, it's been how many months alreday since BTC hit 67000$? And since that time we have been going down, all those little recoveries are jokes, after all, this is all predicted anyway, once BTC hit a new ATH the next thing is a slow massive correction.

$anounimus$

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For the month of April, I still believe that an increase could occur, it could be at the end of April because April is the best month for Bitcoin based on the historical table of BTC monthly returns. but a backup plan must also be prepared if the correction continues and if you see today BTC has reached the price of $ 40,115.00 and is better than yesterday's price. When it comes to buying altcoins, I think it's good while they're still discounted. I chose safe ones like ETH and BNB.

yayayo

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If you are sure that the price of BTC will drop then it is a smart move to hold your USDT or move to stable coin rather than risking it in altcoins. If the market would crash then I think it is a smart move too to invest half of your money to alts and half to Bitcoin but I don't think the price would go lower than $35k or $30k probably if some bad news about legal matter including banning of Bitcoin to most key countries?

ya.ya.yo!

Psynthax

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Just like this time. When bitcoin dumped so hard and there will always be a very big discounts for all of the crypto in the market. Those who sold during the peak price will hope if they will be seeing the price to go down so hard while those who buy at the top will have the different thought than those who sold at the peak price. It's hard to say whether bitcoin may possible to go down so hard but the question is what will be happening when bitcoin will break all of its support? this means if crypto will be going down so hard but i hope there will be a recovery that will happen with bitcoin as soon as possible.
Im also getting trapped at the top lol this is so annoying for me to see my asset goes down so hard

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