What happens if BTC's price falls to $8,000? - page 2.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: traderethereum on May 28, 2022, 04:44:32 AM

Quote from: Sanitough on May 27, 2022, 03:48:40 PM

Quote from: traderethereum on May 23, 2022, 08:33:01 PM

A big panic from people Grin

That may happen to them, especially for small and medium investors who already bought bitcoin at a high price and in the market, there will be a panic sell from them.
But the big investor will be happy to buy bitcoin at that price because the price is lower and they might not see that in the next year.
But after the price reaches the lowest price, sooner or later, the price will bounce and start the rally.

Probably that's how it goes for all those newbies and those who never realize that this bear market brings a good opportunity to invest. Well, if there is a huge price fall back, then i would be spending a big amount to buy a lot of bitcoin to satisfy myself with the profits it will offer to me in the near future. I'm not going to panic as i have come to realize that if you chose to be a long-term hodler, free yourself from doubts and never be bothered by the crypto prices ups and downs. That makes me live in peace.

If they still don't invest in crypto by the time the bear market arrives, that's up to them and they shouldn't blame anyone if the price of the crypto market suddenly spikes and they miss out on taking profits.
Only people who are conscientious and concerned with market conditions will be able to make good decisions, while others only see market prices fluctuate without taking any decisions.
You've done the right thing by buying lots of bitcoins when the price is down but I remind you only to invest what you can afford.
We really shouldn't panic about whatever is happening with the market because that way, we can see if we have a chance to use the moment for us or if we still need to wait for a while.

We should all understand that even experienced traders suffer from losses, the volatility can't give any assurance.

Long term is always good for people who can move forward even it takes years before the market
change its directions, and fr sure not all can handle that, there are still people who will be shaken and
will decide to cut0loss and try to reenter but missed the quick pump. Carefully analyze before making
any decision while investing in this market.

so98nn

hero member

Activity: 2114

Merit: 603

It won’t fall suddenly because that’s not how the market will work for bitcoin. Bitcoins market cap is enormous and huge, by the time it has dropped to 8k window, volume will suffer multiple bearish and bullish trends on the way. Just like now, it went up and down creating roller coaster graphs before hitting the bottom rates. However, we have to understand for every bottom there is resistance. For reaching it to 8k bottom would mean more than 50% of peeps are selling every satoshi they posses so as to cut down the prices and loosing liquidity.

fullhdpixel

hero member

Activity: 2828

Merit: 611

Quote from: South Park on May 26, 2022, 02:55:48 AM

Quote from: traderethereum on May 23, 2022, 08:33:01 PM

A big panic from people Grin

That may happen to them, especially for small and medium investors who already bought bitcoin at a high price and in the market, there will be a panic sell from them.
But the big investor will be happy to buy bitcoin at that price because the price is lower and they might not see that in the next year.
But after the price reaches the lowest price, sooner or later, the price will bounce and start the rally.

There is not much to say, if bitcoin went that low then the panic will be at max levels, after all it would be fair to think if institutional investors would still hold their coins under that scenario or if such a scenario was created by them as they sold their coins when the price was going down and this forced the price to go down even further, however even during that scenario there will be some buyers willing to take the risk and they will buy bitcoin at that price, expecting for a bull market to come sooner or later.

Institutional investors are known for holding for decades. Just to give an example, Warren Buffet has been the richest person in the world at some point and he is still one of the richest and Berkshire Hathaway is one of the most trusted companies in the world and they have owned Gillette, geico, coca cola shares for the past few decades, not just a decade, not just a few years, but literally few decades.

This shows that if a company is getting into bitcoin, they will be here for many decades. They love to have assets on their books so that they could leverage themselves with it as well and this is something bitcoin could help them with a lot, even when going down.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Quote from: Sanitough on May 27, 2022, 03:48:40 PM

Quote from: traderethereum on May 23, 2022, 08:33:01 PM

A big panic from people Grin

That may happen to them, especially for small and medium investors who already bought bitcoin at a high price and in the market, there will be a panic sell from them.
But the big investor will be happy to buy bitcoin at that price because the price is lower and they might not see that in the next year.
But after the price reaches the lowest price, sooner or later, the price will bounce and start the rally.

Probably that's how it goes for all those newbies and those who never realize that this bear market brings a good opportunity to invest. Well, if there is a huge price fall back, then i would be spending a big amount to buy a lot of bitcoin to satisfy myself with the profits it will offer to me in the near future. I'm not going to panic as i have come to realize that if you chose to be a long-term hodler, free yourself from doubts and never be bothered by the crypto prices ups and downs. That makes me live in peace.

If they still don't invest in crypto by the time the bear market arrives, that's up to them and they shouldn't blame anyone if the price of the crypto market suddenly spikes and they miss out on taking profits.
Only people who are conscientious and concerned with market conditions will be able to make good decisions, while others only see market prices fluctuate without taking any decisions.
You've done the right thing by buying lots of bitcoins when the price is down but I remind you only to invest what you can afford.
We really shouldn't panic about whatever is happening with the market because that way, we can see if we have a chance to use the moment for us or if we still need to wait for a while.

Reid

hero member

Activity: 3052

Merit: 651

"Temporary." That's accurate.
If ever it goes down to $8000 there will always be buyers waiting. Bitcoin ain't like Luna or other altcoins that was forgotten after being dumped hard.
It created a strong trust that even at it's lowest there will always be high amount of demand.
Remember, it will not be the first. Last know dump was from $20k to $3k and look at where it is now. They call it correction but I call it the strength of Bitcoin and it's nature of volatility.

Smack That Ace

legendary

Activity: 1974

Merit: 1108

Free Free Palestine

Quote from: Mahanton on May 25, 2022, 02:10:14 PM

Quote from: bitzizzix on May 25, 2022, 01:48:54 PM

If the price of bitcoin drops to $8000 I will not repeat that mistake again and this is a dream come true or an event that will repeat itself, and I will not waste it.
I will buy as much bitcoin as I can afford and I will even sell something expensive to buy it, and I will just sit back and wait for the bitcoin price to hit ATH considering the history going in 2021 is over 68,000 and maybe if history repeats it will hit $100,000 New ATH.
and if it comes true i will buy as much as i can and wait for the bitcoin price to hit $100,000 although it will take a long time because i already know it due to history, even though it will not be possible and just a dream if the bitcoin price drop reaches $8000.

Simple to say but when you are on the situation on where the market had really dropped this low then for sure you would really be having that hesitation because you would be thinking off
on why bitcoin dropped this low too much? Is there something wrong in the market? Would there be some new coins in the market which is better than with bitcoin?
Would the price would go even more lower further? For sure these are the main questions and doubts that you would have in mind on the time like this. Cheesy

It's true, when bitcoin is at a high price people regret it and wish it will fall back to buy it but when the market drops too much people start panicking, they fear bitcoin will continue to drop in price or they will run out of the market thinking bitcoin will die.

Saying no is not enough, but we must be really steadfast and have absolute faith in bitcoin to make a decision. If bitcoin price goes back to 8k, I think it will be a hesitant buying decision by many investors instead of buying defiantly.

Yaunfitda

hero member

Activity: 2870

Merit: 594

Quote from: Sithara007 on May 27, 2022, 09:19:55 PM

Quote from: AmoreJaz on May 27, 2022, 05:40:56 PM

we may be in a bearish market these days but i don't think we will fall below $20k. but if it will, would it be a very good opportunity to stash some satoshis? most noobs are regretting that they haven't joined when it was still cheap and even right now, it is already a good one to slowly collect and accumulate your sats.
the stakeholders are different now, so i don't think it will crash to a very low price. just always keep an eye on the market.

There is no guarantee that the prices will not fall below 20K. I would in fact say that even 10K level is not impossible. Whenever the cryptocurrency prices stay at lower levels for an extended duration, there will be all sorts of doomsday predictions from the financial experts (most of whom hate crypto because it stands against the fiat-based system). At least some of the investors will panic and end up selling most of their coins with heavy losses. But intelligent ones will be using these dips as an opportunity to accumulate.

Of course there is no guarantee, but every price range is possible? be it the prediction of $100k minimum next bull run or the price hitting it's previous all time high of $20k. And that is the beauty of it, I mean no one can predict it accurately and yet still we chooses to be in this game because of the many opportunities that it can give specially in the future like accumulating in bear market and then selling at the next bull run for profits.

Sithara007

legendary

Activity: 3346

Merit: 1352

Leading Crypto Sports Betting & Casino Platform

Quote from: AmoreJaz on May 27, 2022, 05:40:56 PM

we may be in a bearish market these days but i don't think we will fall below $20k. but if it will, would it be a very good opportunity to stash some satoshis? most noobs are regretting that they haven't joined when it was still cheap and even right now, it is already a good one to slowly collect and accumulate your sats.
the stakeholders are different now, so i don't think it will crash to a very low price. just always keep an eye on the market.

There is no guarantee that the prices will not fall below 20K. I would in fact say that even 10K level is not impossible. Whenever the cryptocurrency prices stay at lower levels for an extended duration, there will be all sorts of doomsday predictions from the financial experts (most of whom hate crypto because it stands against the fiat-based system). At least some of the investors will panic and end up selling most of their coins with heavy losses. But intelligent ones will be using these dips as an opportunity to accumulate.

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: n0ne on May 27, 2022, 05:27:44 PM

Quote from: lalabotax on May 27, 2022, 04:52:38 PM

Quote from: roadrunnerjaiv2025 on May 23, 2022, 07:22:24 PM

What happens if BTC's price falls to $8,000?

Doesn't this mean the bearish era has come?
But I personally don't think that the Bitcoin price low will be $8k. I think the price will still stay above $10k. But if whatever happens in the bearish era later, be prepared. And maybe it is the right time to buy Bitcoin and use it for HOLDING. Wouldn't this be profits when holding Bitcoin and selling it when it is in the next bullish era?

Majority have the similar thinking that the price won't fall as low as $8k. However we can't get into a conclusion, because the market is completely different from the stocks and commodities market. If the market is taking the cyclic move then there is chances of an bearish era. It is good to be prepared to face the worst case scenario, only then it is possible to withstand the moment without experiencing a massive loss.

we may be in a bearish market these days but i don't think we will fall below $20k. but if it will, would it be a very good opportunity to stash some satoshis? most noobs are regretting that they haven't joined when it was still cheap and even right now, it is already a good one to slowly collect and accumulate your sats.
the stakeholders are different now, so i don't think it will crash to a very low price. just always keep an eye on the market.

n0ne

hero member

Activity: 2618

Merit: 548

DGbet.fun - Crypto Sportsbook

Quote from: lalabotax on May 27, 2022, 04:52:38 PM

Quote from: roadrunnerjaiv2025 on May 23, 2022, 07:22:24 PM

What happens if BTC's price falls to $8,000?

Doesn't this mean the bearish era has come?
But I personally don't think that the Bitcoin price low will be $8k. I think the price will still stay above $10k. But if whatever happens in the bearish era later, be prepared. And maybe it is the right time to buy Bitcoin and use it for HOLDING. Wouldn't this be profits when holding Bitcoin and selling it when it is in the next bullish era?

Majority have the similar thinking that the price won't fall as low as $8k. However we can't get into a conclusion, because the market is completely different from the stocks and commodities market. If the market is taking the cyclic move then there is chances of an bearish era. It is good to be prepared to face the worst case scenario, only then it is possible to withstand the moment without experiencing a massive loss.

Saisher

full member

Activity: 2324

Merit: 175

Quote from: bitmover on May 23, 2022, 07:55:11 PM

What I can tell is that people will be afraid. Most people will be afraid to buy more, and they will wait prices get back to 50k to buy again.

In a bear market like this fear is everywhere. Every news is bad news.
This is when we should be brave.

That's a bad decision if they are only going to buy when the market stabilizes or pumping up, if they really want to make a profit, the bear trend is the best time to buy in fact its always been the best time to buy, but only if you are brave like what Warren told to investors who wants to succeed investing, if Bitcoin drops to $8k which for me is unlikely I don't know who's so-called expert prediction is this, people who are wishing and waiting for a dip will take this opportunity.
It's an opportunity to make a profit.

lalabotax

full member

Activity: 1582

Merit: 132

BK8 - Most Trusted Gambling Platform

Quote from: roadrunnerjaiv2025 on May 23, 2022, 07:22:24 PM

What happens if BTC's price falls to $8,000?

Doesn't this mean the bearish era has come?
But I personally don't think that the Bitcoin price low will be $8k. I think the price will still stay above $10k. But if whatever happens in the bearish era later, be prepared. And maybe it is the right time to buy Bitcoin and use it for HOLDING. Wouldn't this be profits when holding Bitcoin and selling it when it is in the next bullish era?

Sanitough

hero member

Activity: 2856

Merit: 674

Quote from: traderethereum on May 23, 2022, 08:33:01 PM

A big panic from people Grin

That may happen to them, especially for small and medium investors who already bought bitcoin at a high price and in the market, there will be a panic sell from them.
But the big investor will be happy to buy bitcoin at that price because the price is lower and they might not see that in the next year.
But after the price reaches the lowest price, sooner or later, the price will bounce and start the rally.

Probably that's how it goes for all those newbies and those who never realize that this bear market brings a good opportunity to invest. Well, if there is a huge price fall back, then i would be spending a big amount to buy a lot of bitcoin to satisfy myself with the profits it will offer to me in the near future. I'm not going to panic as i have come to realize that if you chose to be a long-term hodler, free yourself from doubts and never be bothered by the crypto prices ups and downs. That makes me live in peace.

Hamphser

sr. member

Activity: 2604

Merit: 338

Vave.com - Crypto Casino

Quote from: Cling18 on May 27, 2022, 12:37:14 PM

Quote from: Renampun on May 26, 2022, 06:34:58 PM

if the price of bitcoin drops to $8k, I will buy more because it is a very cheap price...

Quote from: nakamura12 on May 26, 2022, 02:32:07 PM

If that happen then many people will be afraid and some will be brave and my guess is that those people will surely buy more Bitcoin and hold it. You can't predict the price of Bitcoin just like reaching 60k and it could be a short time of price decrease to 8k then back to increase more like a sudden dip and then price increase which will be a great chance for them to be able to own much more Bitcoin compared to current price.

the majority will certainly panic sell and only a few survive and buy more, bitcoin has become a promising investment asset, besides that the amount cannot be manipulated so it has the potential to continue to rise even though the price dips.

If that happens, lucky who will buy at a low price will surely be lucky in the future. Lots of investors especially those who missed the bull run before are waiting for Bitcoin to strike down so they could invest again. There's a huge number of investors who would surely take it as an opportunity. Panic selling will surely occur but it will only open another opportunity for those who want to invest at a good time.

I don't think that it would really be that simple on which on the time that Bitcoin dropped to 8k once again then it would be surely creating those doubts and fear related to it which would create out on having hesitance on buying back.

8k is too low even though it's a good entry point for you to get in but one thing that could boggle up your mind is on how or what happened to Bitcoin on why it drops so low.

sayaya17

sr. member

Activity: 1638

Merit: 255

Quote from: Viscore on May 27, 2022, 02:47:58 PM

Quote from: bitmover on May 23, 2022, 07:55:11 PM

Quote from: roadrunnerjaiv2025 on May 23, 2022, 07:22:24 PM

One expert says that if economies don't hold up amid these hikes, Bitcoin's price might plunge further to about 70% of its current price, which is around $8000.

An expert with a crystal ball? 🔮

What I can tell is that people will be afraid. Most people will be afraid to buy more, and they will wait prices get back to 50k to buy again.

In a bear market like this fear is everywhere. Every news is bad news.
This is when we should be brave.

When everyone else is in panic and fear, then let's all become greedy just this once. No one gets to take advantage of the bear market when all is feeling hopeless and losing, so let's not stay that way. Instead, let's buy more bitcoin as there is still a big opportunity in front of us. When bitcoin price drops down to $8k, i think that will be the best time to buy. Regardless of how people will perceive it, as for me i will never keep my eyes out of sight from bitcoin.

In a market situation like now is indeed the right time to collect Bitcoin, let a lot of people panic with the current bear market conditions.
But we must remain calm and always believe that the future of Bitcoin will be bright. Therefore, we must dare to decide to buy Bitcoin
in the current situation. Since we can learn from previous Bitcoin price movements, where Bitcoin can always recover and the price can always
go higher. So in conclusion Bitcoin will not disappoint us, if we know how to invest properly in the crypto world. After we buy Bitcoin,
then we have to be patient holding Bitcoin until the market recovers, then making a profit from Bitcoin is actually just a matter of time.
So we shouldn't panic and be afraid if it's true that the price of Bitcoin falls back to $8k, just keep buying Bitcoin and holding until the Bitcoin
price recovers. Because it does require patience to be able to generate profits from Bitcoin.

Viscore

hero member

Activity: 3178

Merit: 661

Live with peace and enjoy life!

Quote from: bitmover on May 23, 2022, 07:55:11 PM

Quote from: roadrunnerjaiv2025 on May 23, 2022, 07:22:24 PM

One expert says that if economies don't hold up amid these hikes, Bitcoin's price might plunge further to about 70% of its current price, which is around $8000.

An expert with a crystal ball? 🔮

What I can tell is that people will be afraid. Most people will be afraid to buy more, and they will wait prices get back to 50k to buy again.

In a bear market like this fear is everywhere. Every news is bad news.
This is when we should be brave.

When everyone else is in panic and fear, then let's all become greedy just this once. No one gets to take advantage of the bear market when all is feeling hopeless and losing, so let's not stay that way. Instead, let's buy more bitcoin as there is still a big opportunity in front of us. When bitcoin price drops down to $8k, i think that will be the best time to buy. Regardless of how people will perceive it, as for me i will never keep my eyes out of sight from bitcoin.

CryptocurencyKing

hero member

Activity: 1288

Merit: 504

Quote from: bitmover on May 23, 2022, 07:55:11 PM

Quote from: roadrunnerjaiv2025 on May 23, 2022, 07:22:24 PM

One expert says that if economies don't hold up amid these hikes, Bitcoin's price might plunge further to about 70% of its current price, which is around $8000.

An expert with a crystal ball? 🔮

What I can tell is that people will be afraid. Most people will be afraid to buy more, and they will wait prices get back to 50k to buy again.

In a bear market like this fear is everywhere. Every news is bad news.
This is when we should be brave.

That's just the truth of the bear market. It is a time that test the faith of most crypto investors on there investments and sadly, many break and tends to sell at a lose. This shouldn't be the case for one who is sure of the coin or project he or she must have invested in.
Fir sure bear market presents a project, be it bitcoin and otherwise fine be in shambles, to make it seem as though antibitcoins or anti-cryptocurrencies are winning the way against a digitalised means of transacting but the reverse is the case.

In fact, it is a time to identify the opportunities in the crypto ecosystem and buy more. Buy and hodl for the market to appreciate once more. Be brave when others are scared and your sure to lead the way some day!

Cling18

full member

Activity: 1708

Merit: 126

Quote from: Renampun on May 26, 2022, 06:34:58 PM

if the price of bitcoin drops to $8k, I will buy more because it is a very cheap price...

Quote from: nakamura12 on May 26, 2022, 02:32:07 PM

If that happen then many people will be afraid and some will be brave and my guess is that those people will surely buy more Bitcoin and hold it. You can't predict the price of Bitcoin just like reaching 60k and it could be a short time of price decrease to 8k then back to increase more like a sudden dip and then price increase which will be a great chance for them to be able to own much more Bitcoin compared to current price.

the majority will certainly panic sell and only a few survive and buy more, bitcoin has become a promising investment asset, besides that the amount cannot be manipulated so it has the potential to continue to rise even though the price dips.

If that happens, lucky who will buy at a low price will surely be lucky in the future. Lots of investors especially those who missed the bull run before are waiting for Bitcoin to strike down so they could invest again. There's a huge number of investors who would surely take it as an opportunity. Panic selling will surely occur but it will only open another opportunity for those who want to invest at a good time.

Ucy

sr. member

Activity: 2674

Merit: 403

Compare rates on different exchanges & swap.

The decrease in price of Bitcoin has nothing to do with the interest rate. It's sometimes funny how people try to rationalize global events without strong evidence to back them up. If this things were true it would be easy to predict future price because everyone will expect a price decrease whenever the government wants to increase interest rate for example.

Anyone who is able to accurately predict the price knows what moves it, infact he could be moving it. You need to find such person and listen to him more rather than listening to the media who have been so inconsistent with price predictions these days. It's as if the market is working hard to ridicule them.
By the way, it has been stated already what will happen to the price this week. It already begun with big decrease in the price of ethereum and others.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Quote from: South Park on May 26, 2022, 02:55:48 AM

Quote from: traderethereum on May 23, 2022, 08:33:01 PM

A big panic from people Grin

That may happen to them, especially for small and medium investors who already bought bitcoin at a high price and in the market, there will be a panic sell from them.
But the big investor will be happy to buy bitcoin at that price because the price is lower and they might not see that in the next year.
But after the price reaches the lowest price, sooner or later, the price will bounce and start the rally.

There is not much to say, if bitcoin went that low then the panic will be at max levels, after all it would be fair to think if institutional investors would still hold their coins under that scenario or if such a scenario was created by them as they sold their coins when the price was going down and this forced the price to go down even further, however even during that scenario there will be some buyers willing to take the risk and they will buy bitcoin at that price, expecting for a bull market to come sooner or later.

The price of bitcoin is back down sharply and touched $28k and no one can guess correctly to what level the price will bounce back.
Likely, institutional investors are still holding their coins and are still buying more bitcoins because they have large funds.
But small investors, some are desperate and sell their bitcoins, while others hope to get the best moment to buy bitcoins at lower prices.
Yes, the risk faced by investors is getting bigger and it is not easy to anticipate it if they can't control themselves and can't analyze it.

Topic: What happens if BTC's price falls to $8,000? - page 2. (Read 791 times)