Whats your problem guys ?
Bitcoin is always crashing, and bullrunning.
Bitcoin is volatile, because life is volatime.
One day, the price is going up, the other day the price is going down.
If you are only noticing some arts for a few minutes, I do hope that you cant relate the big picture out of it.
Now, notice bitcoin since 10 years.
Yep, it has freaking gone up.
But news flash, it has freaking gone down too.
Whats wrong with you people ?
Topic: imagine say Bitcoin crash what nest? (Read 371 times)
Of course, Bitcoin can easily crash means when the price fall, As a trader, you should already know that one day the coin definitely go down so it is always advisable to have a Plan B. And secondly you don’t need to invest all you have just invest what you can afford or even if a big amount, don’t take all your money and invest in bitcoin, because definitely not good idea, you can just decide to be taking certain amount from your payment monthly or weekly and invest on bitcoin, because you should already know that it goes up and down.
Bitcoin is not going to crash, so you better remove that thought from your mind. Let me ask you what is going to make bitcoin crash? Bitcoin is not a centralized coin that means it's the people that owns bitcoin. Many people have been enslaved with this idea that bitcoin was going to crash many years ago yet bitcoin is gradually approaching 2 decades. Thoughts like this are the reasons why many people has missed out on bitcoin from the early stage. It surprise me that people like you are still habouring the thoughts that bitcoin will crash. I only have one thing to tell you and that is "You guys will wait forever".
Of course, Bitcoin can easily crash means when the price fall, As a trader, you should already know that one day the coin definitely go down so it is always advisable to have a Plan B. And secondly you don’t need to invest all you have just invest what you can afford or even if a big amount, don’t take all your money and invest in bitcoin, because definitely not good idea, you can just decide to be taking certain amount from your payment monthly or weekly and invest on bitcoin, because you should already know that it goes up and down.
I can't imagine bitcoin crashing. I am speaking in truth; bitcoin has no tendency to crash because it has undergone various tests from government agencies and online public figures who speak against it. If bitcoin has to crash, then it has to be the end of cryptocurrency because all the altcoins will follow suit, and that is bad. Now that we have seen various billionaire companies investing in cryptocurrency due to the approval of the bitcoin ETF,. Top companies like Reddit and so on have chosen to store there wealth in cryptocurrency, which is good for all of us who have invested in it. We should be confident that our investments are safe and will yield good returns.
we all know that Bitcoin is so broad that coming to crash is so minimal, but the big question is what if it crash?
it is so obvious that majority of the world is totally dependable on Bitcoin.
but I think that in anything we do we should try as much as having a plan b, there is nothing wrong if we invest in other business as plan b.
so am on the opinion that every Bitcoin miner should have a plan b of investing in other business to avoid the story that touch.
Definitely you are right on this, any investor venturing into any investment should have other alternatives or profits made can channeled to other investments. Obviously it's a good idea to have a backup plan diversification is key as an investor to grow your profit and to avoid losing out totally.it is so obvious that majority of the world is totally dependable on Bitcoin.
but I think that in anything we do we should try as much as having a plan b, there is nothing wrong if we invest in other business as plan b.
so am on the opinion that every Bitcoin miner should have a plan b of investing in other business to avoid the story that touch.
On Bitcoin crash I don't see coming and I don't even think of it because the global massive adoption of bitcoin will definitely keep it going it has already set the pace for bitcoin to keep running so thinking of crash will hinder anyone that want to invest. Bitcoin is stable and their are multitude trouping in on daily basis to invest so such venture can't crash because it's adopted Globally.
Bitcoin can't crash. Bitcoin is not an individual business. It is not controlled by anyone. The network has been established so no member or outsider can crash it. The day you as a person decides to leave bitcoin, that the day it ended for you,
The reason why it can't crash is based on the singular concept of decentralisation, which was the main aim of the founder(satoshi) nobody is in charged of the bitcoin ecosystem.
Assuming it's something that will crash, the lost would be a global one. People would lost their hard earned money. Do you know how people have invested in bitcoin and have been earning livelihood from it?. Bitcoin crash would be tagged 'the world's calamity'.
The reason why it can't crash is based on the singular concept of decentralisation, which was the main aim of the founder(satoshi) nobody is in charged of the bitcoin ecosystem.
Assuming it's something that will crash, the lost would be a global one. People would lost their hard earned money. Do you know how people have invested in bitcoin and have been earning livelihood from it?. Bitcoin crash would be tagged 'the world's calamity'.
imagine say Bitcoin crash what nest?
Bitcoin no go fit crash as e be say Bitcoin done already to this far for the whole world, you fit imagine am your own way but make I trll yiu the truth, bitcoin no go tir crash.One other strung feelings wey I get be say, no be anybody get am nai make Bitcoin go dey forever, like person dey always dey talk am say Bitcoin have come to stay, true true na so e be.
Although the reason why make you dey imagine this kind of shit nah because say you never really understand the concept of Bitcoin, misconceptions just dey make you dey confuse.
With this post I just know say you never get the proper know of Bitcoin nai make you go imagine like this, although this your op thread go make people teach you the kind of things them when you never know.
we all know that Bitcoin is so broad that coming to crash is so minimal, but the big question is what if it crash?
it is so obvious that majority of the world is totally dependable on Bitcoin.
but I think that in anything we do we should try as much as having a plan b, there is nothing wrong if we invest in other business as plan b.
for example I have seen most men who are international staffs in an oil companies taking a huge amount of money at every end of the month not knowing that nothing last forever more especially money.
so am on the opinion that every Bitcoin miner should have a plan b of investing in other business to avoid the story that touch.
it is so obvious that majority of the world is totally dependable on Bitcoin.
but I think that in anything we do we should try as much as having a plan b, there is nothing wrong if we invest in other business as plan b.
for example I have seen most men who are international staffs in an oil companies taking a huge amount of money at every end of the month not knowing that nothing last forever more especially money.
so am on the opinion that every Bitcoin miner should have a plan b of investing in other business to avoid the story that touch.
Guy abeg no put fear for people wey wan invest for bitcoin
we all know that Bitcoin is so broad that coming to crash is so minimal, but the big question is what if it crash?
it is so obvious that majority of the world is totally dependable on Bitcoin.
but I think that in anything we do we should try as much as having a plan b, there is nothing wrong if we invest in other business as plan b.
for example I have seen most men who are international staffs in an oil companies taking a huge amount of money at every end of the month not knowing that nothing last forever more especially money.
so am on the opinion that every Bitcoin miner should have a plan b of investing in other business to avoid the story that touch.
it is so obvious that majority of the world is totally dependable on Bitcoin.
but I think that in anything we do we should try as much as having a plan b, there is nothing wrong if we invest in other business as plan b.
for example I have seen most men who are international staffs in an oil companies taking a huge amount of money at every end of the month not knowing that nothing last forever more especially money.
so am on the opinion that every Bitcoin miner should have a plan b of investing in other business to avoid the story that touch.
First of all, bitcoin isn't a business. Secondly, it's not MMM, but I get, you said we should imagine, so, there are 2 ways of creating wealth.
Note: not 2 ways of making money...creating wealth.
And there are; investing in a business and investing in assets. Mind you, businesses are also assets ...the only difference is you work in your business until people begin to work for you, and that is the point where it becomes an asset...
Bitcoin is one of the many assets out there, but one with great potential and high interest, cause of its potential ability to take over the monetary system... but there are other valuable assets. There's land, gold, business, and many others....but if Bitcoin were to crash ...I would go for these 3.
we all know that Bitcoin is so broad that coming to crash is so minimal, but the big question is what if it crash?
it is so obvious that majority of the world is totally dependable on Bitcoin.
but I think that in anything we do we should try as much as having a plan b, there is nothing wrong if we invest in other business as plan b.
for example I have seen most men who are international staffs in an oil companies taking a huge amount of money at every end of the month not knowing that nothing last forever more especially money.
so am on the opinion that every Bitcoin miner should have a plan b of investing in other business to avoid the story that touch.
it is so obvious that majority of the world is totally dependable on Bitcoin.
but I think that in anything we do we should try as much as having a plan b, there is nothing wrong if we invest in other business as plan b.
for example I have seen most men who are international staffs in an oil companies taking a huge amount of money at every end of the month not knowing that nothing last forever more especially money.
so am on the opinion that every Bitcoin miner should have a plan b of investing in other business to avoid the story that touch.
Op your advice is good but the possibility of bitcoin crashing is slim, Bitcoin has gain much publicity and awareness more than any monetary investment and looking at it features people will always want to go into bitcoin investment because of it's profitable ability, bitcoin gives you peace of mind as an investment once you have it in your custodian wallet, you wait for a number of year's to reap your profit as a hodler.
I know for sure that many people don't solely depend on bitcoin because is just am investment although you make a lot of sense when you said one should have other hustling too that can fetch them money instead of depending on just one venture, there should be versatility in money making ventures to avoid being staged at a point.
we all know that Bitcoin is so broad that coming to crash is so minimal, but the big question is what if it crash?
it is so obvious that majority of the world is totally dependable on Bitcoin.
but I think that in anything we do we should try as much as having a plan b, there is nothing wrong if we invest in other business as plan b.
for example I have seen most men who are international staffs in an oil companies taking a huge amount of money at every end of the month not knowing that nothing last forever more especially money.
so am on the opinion that every Bitcoin miner should have a plan b of investing in other business to avoid the story that touch.
bitcoin can't crash, it's possible that the value can drop at some point which is even good for those coming into the market but thinking about the possibility of Bitcoin crashing is not close to any reality at the moment.it is so obvious that majority of the world is totally dependable on Bitcoin.
but I think that in anything we do we should try as much as having a plan b, there is nothing wrong if we invest in other business as plan b.
for example I have seen most men who are international staffs in an oil companies taking a huge amount of money at every end of the month not knowing that nothing last forever more especially money.
so am on the opinion that every Bitcoin miner should have a plan b of investing in other business to avoid the story that touch.
But then, it's also good not to put all our eggs in one basket or to overly rely on one sector while working or investing for our future and I totally agree with you on that but trying to create a back up of investment options shouldn't push you to investing into unprofitable things that will end up scattering all your hard earned money into the air. If you've seen a good and reliable asset to invest in, it's best to concentrate there rather than trying everything that looks like an opportunity out.
we all know that Bitcoin is so broad that coming to crash is so minimal, but the big question is what if it crash?
it is so obvious that majority of the world is totally dependable on Bitcoin.
but I think that in anything we do we should try as much as having a plan b, there is nothing wrong if we invest in other business as plan b.
At times, it’s hard to actually place what humans actually wants. Sometimes it’s good, it pushes you to check all the corners but, it’s just strange somehow.it is so obvious that majority of the world is totally dependable on Bitcoin.
but I think that in anything we do we should try as much as having a plan b, there is nothing wrong if we invest in other business as plan b.
When it booms, you get the idea of it’s only going to bloom so it could burst.
When, it dumps, you get the idea that it’s gradually been liquidated to nothing.
Meanwhile, Bitcoin has been known to have all these phases and still somehow surpassed it all.
So, what if it crashes?
Even in the phase of unbelief in the possibility, you would be so wrong to been completely dependent on Bitcoin for an investment or a stream of income. Even up to this day, one of the most preached advice is on how you should diversify your investments. Having more than one streams of income. I’m the event that one fails or isn’t doing so good, there are chances that you could have the other to fill up for you.
Be safe about your investment and think about not having all your eggs in one basket. It actually makes sense in this context!
The kind level bitcoin don get to the thing dey near impossible say it go just crash like that because this nah asset wey many influencial individuals and corporations from different parts of the world hold their money inside as investment, even some government also get asset inside am worth billion of dollars in bitcoin, and you think all these people go just sit down make bitcoin crash just like that. More importantly, this no be currency wey any person the control but rather na demand and supply the control the price so no even think am cos no be ponzi scheme be this.
we all know that Bitcoin is so broad that coming to crash is so minimal, but the big question is what if it crash?
That is why there is all time high and all time low. You invest in the all time low and sell in either the Bull Market or the all time high, and if you buy bitcoin bitcoin in the bull market and bitcoin crash then you will be a loser if you were planning to sell it in the All Time High. So whereby you can sell at that time before the crash take place then you are to continue the hodling until you meet the all time high again. But you fear to sell at the bear market nthe that is when byou became the automatic loser if the investment but if you keep hodling till the next ATH then you lose nothing.Op I will tell you that bitcoin will not crash totally but can only reduce in price.
Some people still don't grasp what bitcoin is, which is why they believe it will crash. You are correct that bitcoin will not fall; he will simply drop the price and then increase it over time. Don't be thinking negative that bitcoin will crash because when he will crash, he should have crashed already and people will have noticed that he will crash, so bitcoin is permanently and he will continue increasing and decreasing every time and people will be making profit and some will be losing that is crypto you can't say all of you that invest will definitely get profit some will sell it before their goal is reached because something comes up or another thing that will make them sell there coin. op just read about bitcoin very well and try to understand it very well you will notice that bitcoin is real and he can't vanish thing the word don't exist anymore that is when you won't see bitcoin again.
we all know that Bitcoin is so broad that coming to crash is so minimal, but the big question is what if it crash?
That is why there is all time high and all time low. You invest in the all time low and sell in either the Bull Market or the all time high, and if you buy bitcoin bitcoin in the bull market and bitcoin crash then you will be a loser if you were planning to sell it in the All Time High. So whereby you can sell at that time before the crash take place then you are to continue the hodling until you meet the all time high again. But you fear to sell at the bear market nthe that is when byou became the automatic loser if the investment but if you keep hodling till the next ATH then you lose nothing.Op I will tell you that bitcoin will not crash totally but can only reduce in price.
I no fit imagine that kind imagine because Bitcoin no fit crash although e go benefit our leaders dem because na their plan make since assuming say e dey possible for them na to comot anything wey dey answer Bitcoin for existence, they no won take ear hear say Bitcoin dey, because Bitcoin dey really help people especially as things be for our country like this, them dey happy to dey see people dey suffer so dey no want make people take dey benefit from Bitcoin because any body wey dey work dey earn for dollar don comot emself from poverty because our currency no fit reach us go anywhere, so God no go even gree make Bitcoin crash.
If Bitcoin coin crash no wahala because as a wuse person I believe say every Bitcoin person no go put their eggs for one basket, dat is, you no go face only bitcoin as a source of livelihood dem spread their resources to get more income so dat dem go fit grow, if e crash dem go continue life with other investment,na him make for the forum dem dey advice say make we get another source of income to support Bitcoin.
For a decade now we have never witnessed any bad record of bitcoin that leads to totally crashing whereby people won't recover their money or they won't have their bitcoin as it's again. What happened is that there is people who are into business that we don't know but you won't see them coming here to announce about their plans or having to share with anyone about their other businesses except for few people that are into content creation and they are using to gain audience and attract people to their youtube channels. The real people who are into business doesn't exposed their plans to people whom they think are not worth sharing with them, like you said if you have a Plan B within you there is no way any one of us here would know except you tell us here to know.
OP I just say make I imagine am sha but base on my imagination for the possibility of our Bitcoin to crash dey on the 0.1% cos normally e no go funny at all and the effect of Bitcoin crashing will be so tramatizing to investors and many big companies that uses Bitcoin, it will affect the economy of some countries that accepts Bitcoin usage or as legal tender.
In the aspect of having a back up business, to survive for this country no be to put mind for one place if not e go choke for neck.
I just believe say man get to dey work on the norms and still dey into any means of earning online through this our technology now many things dey wey person go do, after you come back from daily huzle u come relax, freshen up come sit down start to do your online business dey earn from both sides.
In the aspect of having a back up business, to survive for this country no be to put mind for one place if not e go choke for neck.
I just believe say man get to dey work on the norms and still dey into any means of earning online through this our technology now many things dey wey person go do, after you come back from daily huzle u come relax, freshen up come sit down start to do your online business dey earn from both sides.
we all know that Bitcoin is so broad that coming to crash is so minimal, but the big question is what if it crash?
it is so obvious that majority of the world is totally dependable on Bitcoin.
but I think that in anything we do we should try as much as having a plan b, there is nothing wrong if we invest in other business as plan b.
for example I have seen most men who are international staffs in an oil companies taking a huge amount of money at every end of the month not knowing that nothing last forever more especially money.
so am on the opinion that every Bitcoin miner should have a plan b of investing in other business to avoid the story that touch.
Yeah obviously you have a point because is just like a saying that he who put all his eggs in one basket is likely to start from square one if the basket falls because is obvious that all the eggs will be broken, so in as much as an investment may seem profiting the need to diversify to other investment is also very important because so many persons are going through a lot because of wrong planning. it is so obvious that majority of the world is totally dependable on Bitcoin.
but I think that in anything we do we should try as much as having a plan b, there is nothing wrong if we invest in other business as plan b.
for example I have seen most men who are international staffs in an oil companies taking a huge amount of money at every end of the month not knowing that nothing last forever more especially money.
so am on the opinion that every Bitcoin miner should have a plan b of investing in other business to avoid the story that touch.
However the way things are going now, the need to have other source of income is very important because even if you have invested on Bitcoin there should be a source were you are getting some money from because is obvious that some important needs that need urgent attention could arise and if perhaps you don't have other means of sorting it out it could make you sell off some of your Bitcoin with a discounted price.
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