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Topic: If Bitcoin never goes past 5-10KUSD again, what is the best action? - page 2. (Read 337 times)

hero member
Activity: 952
Merit: 513
It is a true possibility, and it's not something we should all ignore, as this is actually very possible.

If bitcoin never breaks up the 10k mark, we are going to see a lot of the community that holds bitcoin to end up giving up, since they aren't going to make the insane profits that they wanted to make, and they aren't going to bother using or actually being involved in the coin.

It would be a bit of a cleanse, and the community would be left with people interested in the technology instead.
member
Activity: 560
Merit: 14
Sorry about the previous account and I don't think a lost account should stop your interest in issues about business concerning bitcoin.
Now to your question if bitcoin goes below 5k hold, and if it goes above 10k hold
legendary
Activity: 2016
Merit: 1107
best action depends on how much you have invested and the amount of coins you have
basically , if you plan to speculate and make profit , it is simple - sell at the price you find acceptable
if you are in for a long term , I'd say HODL and wait , it might not break 10.000 very soon , but it will surely increase in price eventually
we all saw 3.500$ price just several months ago and many were crying the end of bitcoin
nevertheless it is going strong , despite the price fluctuations
also I say wait for the next year halving , there might be some very interesting price moves and I would not be surprised at 6 figure digits at a ll
highly unlikely but possible , it only has to do 12-13x from the current price
sr. member
Activity: 2422
Merit: 357
Best action is to keep buying because bitcoin will always try to break the wall and if not, then make money on trading. We are having a hard time to stay above $10k and that’s why it dumps again but I’m sure next time, we will challenge the wall again and who knows, we might be able to break it and go up high so those who participate to buy during dump will earn more.
sr. member
Activity: 980
Merit: 252
In 2018, the price of bitcoin was 4000$ but nevertheless the price rose to 10 000.Now of course begins again decline.Until the market stabilizes the price will fall and become more.I think it is not necessary to sell bitcoin even if it will cost the same for a long time.Too much is swirling around this cryptocurrency.And I hope that the fate of bitcoin will go beyond 50 000$
sr. member
Activity: 1204
Merit: 388
For bitcoin price be around the range of 5k to 10k shows more stability and there will be more adoption. The only thing we should be scared of is the price manipulation caused by whales because most of the price spikes are result of manipulation.
This will be a good chance for those that wants to store their funds in crypto.
sr. member
Activity: 906
Merit: 263
During moon when the bull is out to play you must spend bitcoin. When the bear comes then you must buy bitcoin with your fiat. Always keep your extra money besides the basic living money 50/50 fiat and bitcoin.
Then no matter what happens you can level it out as I just said. Always remember to spend during the bull season so that even if worst comes you have gotten the same value out of your coins as it would have been anyway. I think people forget that. They forget they have been in profit for so long now and have already spend bitcoin on things equal to their beginning value. Most of us are in green.
newbie
Activity: 2
Merit: 1
This is my first post in a long time, I lost my other BCT.org account and had to make a new one. I sold a few ASICS from BITSHIT (you know the company) after they screwed the mining market and havent touched my wallets in a long time. I recently checked Binance for the first time in two years, and see that Bitcoin is around 9K. Now it's down to 7. I am not here to FUD, I am here to beg the question: If Bitcoin never goes past 10KUSD again, and rallies up and down between 5-10K, what is the best course of action? Knowing (believing) the circumstances of never getting a moon mission again,

First, I really don't feel appropriate to respond this threads, because I'm not someone who has enough experience with the bitcoin or cryptocurrency market. But I just want to share my views.

Well .. right today Bitcoin is at number 7 thousand, Bitcoin has decreased prices, but that does not mean it will not return to touch the number 10 thousand or more, as I see here, people say that this is a "cycle". and i think that's right! it is proven based on a bitcoin price chart from year to year.

what is firstly the community reaction?

After observing the various bitcoin community conversations here, I see that the majority of the bitcoin community does not overreact when the price graph drops. Some even consider this is the right moment to buy and save BItcoin.

Second, will this affect Cryptocurrency adoption? Will this hinder or accelerate Crypto?

Sorry if this seems like such a silly hypothetical, but if it remains consist for the next 5-20 years then it is important to take into account Bitcoin and subsequently other Cryptos will never rally to the moon again like back in 2017 anytime soon. What is the best course of action to take here?

And I don't have an opinion on this question, it's still beyond my knowledge.
member
Activity: 434
Merit: 29


My friend I have been hearing the same from Bitcoin haters that it will go to zero very soon, it has not for the last 10 years of its existence. In the meantime those cryptos backed by those blah blah have all faded away or will slowly become zero.

Until then you keep on going with your hatered, where as others are accumulating more Bitcoin at this level. Cheers!!

I am not a Bitcoin " HATER ".   I love the idea of freedom of money, but this is just not it.   I call things like I see them, and the laws of Money and economics tell me BitCoin was a mania and a bubble.

Bubbles can last for a long time, remember the real estate bubble...   Bitcoin went up until it did not, you just want to IGNORE the past two years...   So how low does bitcoin have to go before you start asking yourself hard questions Huh   

REALLY, please give me an honest answer, at what price do you say what I believed about Bitcoin was wrong Huh?

hero member
Activity: 2156
Merit: 803
Top Crypto Casino
This is my first post in a long time, I lost my other BCT.org account and had to make a new one. I sold a few ASICS from BITSHIT (you know the company) after they screwed the mining market and havent touched my wallets in a long time. I recently checked Binance for the first time in two years, and see that Bitcoin is around 9K. Now it's down to 7. I am not here to FUD, I am here to beg the question: If Bitcoin never goes past 10KUSD again, and rallies up and down between 5-10K, what is the best course of action? Knowing (believing) the circumstances of never getting a moon mission again, what is firstly the community reaction? Second, will this affect Cryptocurrency adoption? Will this hinder or accelerate Crypto?

Sorry if this seems like such a silly hypothetical, but if it remains consist for the next 5-20 years then it is important to take into account Bitcoin and subsequently other Cryptos will never rally to the moon again like back in 2017 anytime soon. What is the best course of action to take here?

You are one of the few people here SMART ENOUGH to ask serious questions, and consider the possibility that people were wrong about bitcoin. 

Bitcoin was nothing more than a bubble and a Mania, and now that bubble is bursting.  What you do not understand is that bitcoin will go much LOWER than 5,000, it will eventually go to its intrinsic value of near zero...

The future of crypto currencies is GREAT, it is the future of money 👍👍👍   It will NOT be bitcoin though, which is backed by nothing.  The crypto of the future will be backed by  gold, oil, government, or some other real asset.   

Hard Facts

My friend I have been hearing the same from Bitcoin haters that it will go to zero very soon, it has not for the last 10 years of its existence. In the meantime those cryptos backed by those blah blah have all faded away or will slowly become zero.

Until then you keep on going with your hatered, where as others are accumulating more Bitcoin at this level. Cheers!!
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
This is my first post in a long time, I lost my other BCT.org account and had to make a new one. I sold a few ASICS from BITSHIT (you know the company) after they screwed the mining market and havent touched my wallets in a long time. I recently checked Binance for the first time in two years, and see that Bitcoin is around 9K. Now it's down to 7. I am not here to FUD, I am here to beg the question: If Bitcoin never goes past 10KUSD again, and rallies up and down between 5-10K, what is the best course of action? Knowing (believing) the circumstances of never getting a moon mission again, what is firstly the community reaction? Second, will this affect Cryptocurrency adoption? Will this hinder or accelerate Crypto?

Sorry if this seems like such a silly hypothetical, but if it remains consist for the next 5-20 years then it is important to take into account Bitcoin and subsequently other Cryptos will never rally to the moon again like back in 2017 anytime soon. What is the best course of action to take here?

Yeah true it has been a long time for you to come back.

First of all I doubt it will remain in the range of 5 - 10k. Next year we have third halving it will surely go up before that. If still it remain at that level which you are suggesting then sell it as soon as it reaches the 10k level and I will buy it.

member
Activity: 434
Merit: 29
This is my first post in a long time, I lost my other BCT.org account and had to make a new one. I sold a few ASICS from BITSHIT (you know the company) after they screwed the mining market and havent touched my wallets in a long time. I recently checked Binance for the first time in two years, and see that Bitcoin is around 9K. Now it's down to 7. I am not here to FUD, I am here to beg the question: If Bitcoin never goes past 10KUSD again, and rallies up and down between 5-10K, what is the best course of action? Knowing (believing) the circumstances of never getting a moon mission again, what is firstly the community reaction? Second, will this affect Cryptocurrency adoption? Will this hinder or accelerate Crypto?

Sorry if this seems like such a silly hypothetical, but if it remains consist for the next 5-20 years then it is important to take into account Bitcoin and subsequently other Cryptos will never rally to the moon again like back in 2017 anytime soon. What is the best course of action to take here?

You are one of the few people here SMART ENOUGH to ask serious questions, and consider the possibility that people were wrong about bitcoin. 

Bitcoin was nothing more than a bubble and a Mania, and now that bubble is bursting.  What you do not understand is that bitcoin will go much LOWER than 5,000, it will eventually go to its intrinsic value of near zero...

The future of crypto currencies is GREAT, it is the future of money 👍👍👍   It will NOT be bitcoin though, which is backed by nothing.  The crypto of the future will be backed by  gold, oil, government, or some other real asset.   

Hard Facts
newbie
Activity: 2
Merit: 0
This is my first post in a long time, I lost my other BCT.org account and had to make a new one. I sold a few ASICS from BITSHIT (you know the company) after they screwed the mining market and havent touched my wallets in a long time. I recently checked Binance for the first time in two years, and see that Bitcoin is around 9K. Now it's down to 7. I am not here to FUD, I am here to beg the question: If Bitcoin never goes past 10KUSD again, and rallies up and down between 5-10K, what is the best course of action? Knowing (believing) the circumstances of never getting a moon mission again, what is firstly the community reaction? Second, will this affect Cryptocurrency adoption? Will this hinder or accelerate Crypto?

Sorry if this seems like such a silly hypothetical, but if it remains consist for the next 5-20 years then it is important to take into account Bitcoin and subsequently other Cryptos will never rally to the moon again like back in 2017 anytime soon. What is the best course of action to take here?
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