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Topic: Is it the truth bitcoin can drop to altcoin prices in this year? - page 2. (Read 1321 times)

sr. member
Activity: 924
Merit: 260
I want to invest in bitcoin but before i did this i want to hear u guys first.
I will advise you never to put in your hard earned money in cryptocurrency if you don't have adequate knowledge on how investment into bitcoin and others altcoins work.  You are going into a venture that is different from conventional illiquid assets like stocks and security.
full member
Activity: 154
Merit: 111
With the trend of bitcoin from early this year up to now, the price of bitcoin is increasing though it drops also because it's normal to happen but after the drop it increased much higher before the drop, so it is not possible to happen that bitcoin can drop to altcoin price.
full member
Activity: 210
Merit: 108
Yes bitcoin can drop anytime soon but if you’re planning to invest in bitcoin better do so because even altcoin will increase in value this year surely bitcoin will grow even higher than the alts, there might be some good alt to invest but bitcoin has the lowest risk of failure for me you can also try investing in both so you can maximize your earnings.
full member
Activity: 364
Merit: 127
Wherever or whoever said you that well its a total BS, those who said you that probably wants you to invest on some other coin or just making a FUD.
You dont have to be afraid if you want to invest in bitcoin, bitcoin might be the greatest investment you ever made.
hero member
Activity: 2618
Merit: 548
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I want to invest in bitcoin but before i did this i want to hear u guys first.
Where did you get that news? Is that true or just a hoaks? I don't think that it can be happen this year, but if that is true, then why not try to wait until the price drops before you invest? The best time to buy is when bitcoin price drop.
The best time to make an investment is when the price comes low. Right now Op has got an information that the price will come low, so it's better to wait for a little and try to make the best profit. I haven't come across any such information that bitcoin dropping to the value of altcoins. This could be a form of FUD to support the growth of altcoins or a way used to manipulate the market of altcoins as a whole.
copper member
Activity: 2940
Merit: 4101
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I want to invest in bitcoin but before i did this i want to hear u guys first.
Where did you get that news? Is that true or just a hoaks? I don't think that it can be happen this year, but if that is true, then why not try to wait until the price drops before you invest? The best time to buy is when bitcoin price drop.

It"s possible in theory but the chance that it happens is maybe 1% or less. In reality, the thing is different. Imagine we have the Bitcoin price falling to 1000$ how would react the altcoins? 99% of chance that it follows the same path.
The chances to see Bitcoin dropping this year to the price similar to the altcoin (average) is about 0.1% and I can't imagine the drama it would be.
hero member
Activity: 1078
Merit: 501
I want to invest in bitcoin but before i did this i want to hear u guys first.
Where did you get that news? Is that true or just a hoaks? I don't think that it can be happen this year, but if that is true, then why not try to wait until the price drops before you invest? The best time to buy is when bitcoin price drop.
sr. member
Activity: 658
Merit: 250
I want to invest in bitcoin but before i did this i want to hear u guys first.
It's impossible and where are you got that news? that's just another bullshit. Even a lot of people are saying about the bitcoin was a bubble and they are still buying the more bitcoin.
Or it just another FUD to the bitcoin. The possibility of the bitcoin worth the altcoin price is there. But less than some percent i suppose.

In getting involved in trading the crypto space, we need to have an exact timing of when to sell and when to buy it. The fact is, it is possible to happened that bitcoin can drop to altcoin prices anytime but maybe not this year I think.There is so much volatility that causes the price of a coin rise and fall quickly, making it a risky investment without proper research carried out..
sr. member
Activity: 348
Merit: 250
I want to invest in bitcoin but before i did this i want to hear u guys first.

Are you even following the market trends ?
Bitcoin is now $8000 and you are still looking for the right time to come . Invest now or forget it tomorrow because it might grow more than $8000 soon .
I don't think the person who suggested you that "altcoins may drop bitcoin" knows a thing about market . Do your research , you will know bitcoin is dominating so much that all the altcoins are going red and going through the worst phase at the moment . If some other altcoin comes up with a good price then bitcoin price may fall , but at the present time bitcoin is the king !
hero member
Activity: 896
Merit: 521
WTF is altcoin price?
First clear me that.

Regarding anything happening to Bitcoin, then I can assure you in coming 4-5 years at least, Bitcoin is not gonna lose the dominance in the market. Many altcoins meanwhile will definitely rise in overall marketcap but will not be in the stage of competing Bitcoin. Moreover, regarding investing, it's always best to do your own research and don't follow everyone's suggestions in crypto investment(highly risky). But you can go for Bitcoin anytime. 5x profit isn't going anywhere next year if you invest today.
full member
Activity: 476
Merit: 107
I want to invest in bitcoin but before i did this i want to hear u guys first.
It is possible for bitcoin to drop to altcoin prices but not this year. It is highly unlikely for btc to go down to those levels if mass adoption of it is increasing everyday, generating more demand for it. Invest on bitcoin if you want but you better do it on dumps for cheaper entry points. For now I think the chance of this happening in the next 5 years is less than 1%. Do not be afraid to invest into btc, but before you do make sure to research the mechanism of holding btc safely so that your funds would not be lost in the process.
hero member
Activity: 2268
Merit: 507
I want to invest in bitcoin but before i did this i want to hear u guys first.
It's impossible and where are you got that news? that's just another bullshit. Even a lot of people are saying about the bitcoin was a bubble and they are still buying the more bitcoin.
Or it just another FUD to the bitcoin. The possibility of the bitcoin worth the altcoin price is there. But less than some percent i suppose.
full member
Activity: 1834
Merit: 166
I want to invest in bitcoin but before i did this i want to hear u guys first.
Many people get eroded away by this type of fake news same as you and make their illusions that its not good to invest in bitcoin.There is always a risk while dealing in crypto market but if you notice the growth of bitcoin you will see that its solid and pace is increasing. You need to know about Bitcoin first and then made up your mind to invest with your decisions.Dropping to altcoins prices seems not possible that is from $8200 to $200-300 did it?
full member
Activity: 350
Merit: 100
One of the reasons why many people are not trusting or investing in bitcoin because of these fears, fear is what drive people to not do what they are supposed or want to do something you cannot resist if you give into pain. Trust the process of bitcoin because if you imagine where bitcoin is right now. Because one of the factors in investing is trust and belief in your investments, if you are not going to trust your investment then one thing for sure it is going to fail.

They afraid the bubbles will popped soon on bitcoin which is not right. The price of bitcoin keeps going high even segwit2x cancelled the price still goes up. For OP, it's better to invest in bitcoin right now or the price will go more higher and you only can watch. My advice is just go for it.
member
Activity: 98
Merit: 10
One of the reasons why many people are not trusting or investing in bitcoin because of these fears, fear is what drive people to not do what they are supposed or want to do something you cannot resist if you give into pain. Trust the process of bitcoin because if you imagine where bitcoin is right now. Because one of the factors in investing is trust and belief in your investments, if you are not going to trust your investment then one thing for sure it is going to fail.
hero member
Activity: 3066
Merit: 629
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When bitcoin drops, the supply of it's investment or the money that came in to bitcoin will totally go to the alt coins but it is not true or whomever said that to you is a liar. Bitcoin will never be in the position of altcoin price at the end of the year. Instead of saying that, a lot of speculations says that the price can go up higher and is continuous to give us more unexpected surprises. Bitcoin is unstoppable now so if you to invest in bitcoin, take the risk and invest now.

That's possible mate, and if we are going to analyze the current trend of alts right now we will witness the dumps of it's current value. Most of them right now were really of price droppings. Some panic sellers were dumping their holdings, but that drop from bitcoin to altcoin this year will not be possible to happen this year, and I believed that we could probably see it by next year because investors might not think of any profit when bitcoin price became much expensive.

Not only "some" panic sellers but they are too many of them, the weak handlers and they are too scared when the price of bitcoin is dropping. And as a remedy for it, they are divesting their bitcoins before it losses more value into some alt coins. And when the price of bitcoin starts to recover again or when they've enough profit with altcoins already that will be the time for them to get back to bitcoin. Bitcoin now is really strong and I have a trust on it that it will not drop just like altcoin price.
full member
Activity: 210
Merit: 100
busy in real life, long post gap is understandable
Before you invest, make sure you know how to construct sentences and correct your grammar!. Investing is not a game to play, it is a serious activity for smart people, and if you cannot decide on investing then do not do it, Study Investing before you invest, Study that coin and start learning to gain more knowledge on cryptocurrency, for sure you'll be a good investor.
newbie
Activity: 36
Merit: 0
we have 40 days to end of this year and need about 8,000$ reduce which mean big crash of bitcoin all this make big crash like this impossible
full member
Activity: 518
Merit: 100
I want to invest in bitcoin but before i did this i want to hear u guys first.
That i think would be impossible since the market value of Bitcoin is way higher than any ither altcoin. So the possibility is small for its value to drop as that much in just a short period of time, now that we are only a month away before this year end. You should invest now because its value is exoected to be more expensice in the future that will give you profit from investing to Bitcoin.
sr. member
Activity: 1162
Merit: 260
I want to invest in bitcoin but before i did this i want to hear u guys first.

If you think "bitcoin can drop to altcoin prices in this year". And you also want to invest in bitcoin then I will like to say that you must correct your thoughts about bitcoin first then buy them. Because if you want to make money from investing bitcoin then you need to hold it for some time, and that need patience .But if you have that kind of thought, a temporary fall of bitcoin price will trigger your though and you will ended up selling in low price and loosing money.
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