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Topic: What will be running in your mind if Bitcoin reaches $1000 again - page 4. (Read 19609 times)

donator
Activity: 4760
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A $1K price would be a little disturbing, mostly because it would signal a major breakdown in the Bitcoin market. Seeing it drop below the previous cycle high is disturbing enough but you can at least make the argument the the previous high was near the bottom here. At $1K, that’s out the window and by then a majority of Wall Street support would be long gone.
sr. member
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~snip~
more precisely the decline since the last ATH was 71% (check on coinmarketcap), this was also caused because many small investors started to panic and continued to sell their bitcoins, while the whales continued to play the market and took a lot of profit from this market decline. To be able to reach a new ATH again or to be able to reach the last ATH price, of course you need good news about bitcoin and maybe when the next Halving occurs the bitcoin price will reach a new ATH. Currently only focusing on continuing to add bitcoin assets and adding some capital for long-term investments.
Even veterans or old ones on this market do really still feel that panic or hesitation and doubts whenever the market do make out huge decline where you do see your portfolio is really going down.There's no way that you could really able to make yourself avoid even if you do have the experience and awareness on the market.

Its impossible that you wont really be making these reactions considering that we are just humans.Whenever we do see our investment declining on fiat value then it would really be that
normal on having these kind of doubts and thoughts in mind.

Reaching back on $1k price is something telling that there's something wrong with Btc.
hero member
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Bitcoin has gained so much popularity and recognition in the past few years that it rose from nominal prices to almost $69000 in 2020. It however gained hundreds of billions of dollars in capitalization over the years. The situation has changed with both appraisals/approvals and backlashes on the cryptos by some countries, especially government officials.

Inflation is another problem, and they have successfully caused Bitcoin to remain at lower levels compared to its all-time peak of almost $69000. Its market capitalization today is a little above $454 billion, which is still a good value. However, in events that more backlashes and higher inflation negatively affect the crypto some more and finds itself at about $1000. What would be your reaction? Will you turn your back on Bitcoin or has your investment just begun on it?

As for me, my investment has just begun. I have learnt from my past mistake.

If it reaches 1000$ again, then I'd be pretty happy because I'll be able to buy more, in fact, that is what I'll do. I'll buy as many BTC as possible at the time, depending on the time savings I have.

atm bitcoin market cap is around 350 billion and total market cap is below 1trillion that's more than half compared to when BTC price was somewhere between 50-60k

That's right! Buying more bitcoin is a nice good move in case the market drops to as low as $1000 again and buying it at a cheaper price is really an advantage that any investor doesn't want to slide. But how about if you have already accumulated plenty of bitcoins in the past? How would you react? That's the problem right there, chances are we might get problematic because the options are only buying more or hold. We can't possibly sell that asset in a much lower price than the price when we bought it because that's already a loss.
hero member
Activity: 1960
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Leading Crypto Sports Betting & Casino Platform
Bitcoin will never see $1,000 again, certainly not in our lifetime. I know we transition between bull & bear markets, across 4 year cycles but to see the price fall to $1,000 in inconceivable. It’s just not going to happen, it seems pointless to even discuss this.

There would be so many people, institutions, whales buying way above $1,000. It’s not going to happen!

Despite bitcoin's fall and the fact that it is likely to continue to fall further, but its return to $1000 is the most absurd thing I have heard in this bear market, pretty pointless to discuss the impossible out. We can see today many companies, countries are gradually accepting bitcoin as a good investment in the future. With such widespread development and adoption, it is impossible for bitcoin to drop below 10k$, everyone will buy in if bitcoin falls below 15k, certainly no one can wait for it to drop further.
sr. member
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FUD "Bitcoin is Dead" will certainly continue to spread when bitcoin reaches the crash price of $ 1000. If that price can be reached it will be a golden opportunity that should not be missed. If necessary I will invest 90% of the money I have because I believe there will be a bigger increase. But in reality at this time the price is still impossible and unattainable.
Seems golden opportunity if bitcoin price crash to $1000 but little worry will have another FUD about "Bitcoin is Dead" because many investor are panic when bitcoin drop drastically. Some time bad habit to all investor want to see bitcoin crash but get chance with Bitcoin price drop actually afraid for reinvesting and keep watching or waiting until bitcoin back to higher price.

Currently, the price of bitcoin is still quite cheap compared to the last ATH price. This time could be a good opportunity and with a new ATH target again. High risk will give high return, small risk will give small return. So make sure what strategy you want to use, don't miss the opportunity if it happens or take advantage of this opportunity.
Honestly almost drop more than 60% Bitcoin price from ATH nowadays but still can't have moment for bitcoin make another new ATH later, few months later have been one year with bitcoin drop drastically from ATH price and little difficult how to get another new ATH make by Bitcoin.
hero member
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Leading Crypto Sports Betting & Casino Platform
As for me, my investment has just begun. I have learnt from my past mistake.
actually i never thought that bitcoin would reach $1000. okay but i will imagine and answer.
if inflation causes a bitcoin dump of up to $1000, that's when the start of massive investments that will be made by some investors after years have passed bitcoin always surprises investors and when the price reaches $ 1000 it is very stupid not to buy more. if everyone wants to learn from mistakes it's possible when prices like this will buy and always buy and hold until bitcoin surprises again
hero member
Activity: 3010
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I didn’t see any logic as par as bitcoin can go bellow $1000. But since everything is possible in cryptocurrency if unfortunately bitcoin drop to $1000 it will be a great opportunity for every crypto investors to become rich. personally i will bought minimum 20 Bitcoin if bitcoin price drop to $1000 he he but i believe btc will not drop bellow $10k in any way

If you read all the comments above, you can see most people are very excited and declare that they will buy as many bitcoins as possible if bitcoin drops to 1000 USD. This makes me think of the case, if bitcoin drops to 10k and people want to buy more and more bitcoins who will sell them and with such strong buying how can it drop to 1k$?

Personally, I don't think bitcoin can drop below 10k because nobody wants to sell at that low price. In the bad case bitcoin drops to 1000$, I will not rush to buy and I will buy some bitcoins to hold instead of buying all the assets. I think when the risk is higher than the potential it brings, I will consider it carefully.
Only some panic seller can sell there bitcoin When they see that Bitcoin has started to drop a lot . But after selling, they will only regret it when they see that the price of Bitcoin starts to rise again . So I am not thinking of selling bitcoins even though I still have 1 bitcoin.  I try to buy as many bitcoins as I can in the deep market .
That's the usual mistake of weak investors, they tend to panic sell when the price of their coins started to dropped then will have regrets after seeing the price is recovering. In the case of Bitcoin, it's unlikely for it to plunged at $1000 again since Bitcoin has gained more investors and major companies invest and accept it. Therefore there's a low chance for it to happen but since nothing is impossible in crypto, as i've said before, I will buy Bitcoin because it's a rare chance.
legendary
Activity: 2338
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I didn’t see any logic as par as bitcoin can go bellow $1000. But since everything is possible in cryptocurrency if unfortunately bitcoin drop to $1000 it will be a great opportunity for every crypto investors to become rich. personally i will bought minimum 20 Bitcoin if bitcoin price drop to $1000 he he but i believe btc will not drop bellow $10k in any way

If you read all the comments above, you can see most people are very excited and declare that they will buy as many bitcoins as possible if bitcoin drops to 1000 USD. This makes me think of the case, if bitcoin drops to 10k and people want to buy more and more bitcoins who will sell them and with such strong buying how can it drop to 1k$?

Personally, I don't think bitcoin can drop below 10k because nobody wants to sell at that low price. In the bad case bitcoin drops to 1000$, I will not rush to buy and I will buy some bitcoins to hold instead of buying all the assets. I think when the risk is higher than the potential it brings, I will consider it carefully.
sr. member
Activity: 378
Merit: 257
I would sell everything and buy bitcoins. Everyone would. So it will never reach that price. It's too late for all that. The last time it was 3000 was the last time you could get it "cheap". Now we are looking at the future, at institutional money, and eventually it should become less volatile. But who knows?
legendary
Activity: 1176
Merit: 1056
But I don't think Bitcoin will ever reach $1000And unfortunately if Bitcoin stays at $1000 then Bitcoin and cryptocurrency will be doomed.But if Bitcoin is thinking of getting to $1000 or does, I will definitely invest there.And especially you don't imagine that Bitcoin will come in 1000 dollars.Since Bitcoin has hovered around $69k, how do you think Bitcoin will stay at $1000?
sr. member
Activity: 2436
Merit: 455
I'm gonna invest 50% of my fiat on it, because going down up to $1,000 is a great opportunity to buy Bitcoin and hodl it until it goes back to $68,000 again, and that would be a quick profit maker anyone could have, than storing you fiat in a bank profiting  couple of pennies yearly. However, most of people will probably not invest because of FUD "Bitcoin is dead" and then buy at a very high price which is very illogical.
sr. member
Activity: 1820
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Bitcoin has gained so much popularity and recognition in the past few years that it rose from nominal prices to almost $69000 in 2020. It however gained hundreds of billions of dollars in capitalization over the years. The situation has changed with both appraisals/approvals and backlashes on the cryptos by some countries, especially government officials.

Inflation is another problem, and they have successfully caused Bitcoin to remain at lower levels compared to its all-time peak of almost $69000. Its market capitalization today is a little above $454 billion, which is still a good value. However, in events that more backlashes and higher inflation negatively affect the crypto some more and finds itself at about $1000. What would be your reaction? Will you turn your back on Bitcoin or has your investment just begun on it?

As for me, my investment has just begun. I have learnt from my past mistake.

If it reaches 1000$ again, then I'd be pretty happy because I'll be able to buy more, in fact, that is what I'll do. I'll buy as many BTC as possible at the time, depending on the time savings I have.

atm bitcoin market cap is around 350 billion and total market cap is below 1trillion that's more than half compared to when BTC price was somewhere between 50-60k
hero member
Activity: 966
Merit: 588
That would be another incredible opportunity for me to get cheap Bitcoin , and I would do all I can to buy more Bitcoin because the best time to get rich is during a crash. I will not like to miss out such an opportunity again in my life time, after missing out to buying Bitcoin during 2017 when Bitcoin was traded below $1000 , reason being that I couldn't buy due to I didn't know anything about Bitcoin and not being certain then about the future of Bitcoin, if it were gonna survive.
legendary
Activity: 1960
Merit: 1010
I don't think btc will go below 8K ever again. But. Anything can happen in crypto's. At $1,000 I would be buying with all I got.

"The market cap is 2.1 trillion ...."
https://www.youtube.com/watch?v=CpR2kMxy7O8
legendary
Activity: 3304
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#1 VIP Crypto Casino
Bitcoin will never see $1,000 again, certainly not in our lifetime. I know we transition between bull & bear markets, across 4 year cycles but to see the price fall to $1,000 in inconceivable. It’s just not going to happen, it seems pointless to even discuss this.

There would be so many people, institutions, whales buying way above $1,000. It’s not going to happen!
hero member
Activity: 2268
Merit: 588
You own the pen
Common people must think Bitcoin will end if it drops to $1000. But I will buy as many as possible if it drops to $1000. We know that Bitcoin is getting popular and has a crucial role in human life nowadays. It shouldn't end so easily, it must last a long time and has a better value in the future. I am still confident about the possibility of BTC price reaching $100k. I can't imagine how much to get profits if it jump to $100k if I buy at $1000.  Grin



I also think likewise because it is really an opportunity to maximize your holding and you don't need to spend some fortune to have some growing assets with you. It is really recommended if something like that will gonna happens to only spend some spare money that you can afford to lose because you are expected to hold your bitcoins for a long time. About 5 years or more, or if you are lucky enough, you could have just gotten some decent amount of earnings when the market shows good results when bitcoin halving.
hero member
Activity: 1008
Merit: 960
Common people must think Bitcoin will end if it drops to $1000. But I will buy as many as possible if it drops to $1000. We know that Bitcoin is getting popular and has a crucial role in human life nowadays. It shouldn't end so easily, it must last a long time and has a better value in the future. I am still confident about the possibility of BTC price reaching $100k. I can't imagine how much to get profits if it jump to $100k if I buy at $1000.  Grin

Absolutely.

Bitcoin has been working for more than a decade. I just cannot understand how people think that because the price halves then Bitcoin is dead.

It doesn't make any sense to me, but I appreciate the opportunity to get cheap sats.
sr. member
Activity: 826
Merit: 263
Common people must think Bitcoin will end if it drops to $1000. But I will buy as many as possible if it drops to $1000. We know that Bitcoin is getting popular and has a crucial role in human life nowadays. It shouldn't end so easily, it must last a long time and has a better value in the future. I am still confident about the possibility of BTC price reaching $100k. I can't imagine how much to get profits if it jump to $100k if I buy at $1000.  Grin

sr. member
Activity: 1680
Merit: 278
Bitcoin has gained so much popularity and recognition in the past few years that it rose from nominal prices to almost $69000 in 2020. It however gained hundreds of billions of dollars in capitalization over the years. The situation has changed with both appraisals/approvals and backlashes on the cryptos by some countries, especially government officials.

Inflation is another problem, and they have successfully caused Bitcoin to remain at lower levels compared to its all-time peak of almost $69000. Its market capitalization today is a little above $454 billion, which is still a good value. However, in events that more backlashes and higher inflation negatively affect the crypto some more and finds itself at about $1000. What would be your reaction? Will you turn your back on Bitcoin or has your investment just begun on it?

As for me, my investment has just begun. I have learnt from my past mistake.

I think Bitcoin (BTC) never touch again $1000 dollars because in past it really pumped and touch $69000 dollar So bitcoin has potential to go up in the future. In my experiences BTC touch again $69000 In 2025 to 2027 and also there is the to invest your money at Bear Market.
If eventually Bitcoin falls to $1000 then I will see that as a big opportunity for me to buy more positions because this will be an opportunity than a regrettable season we are. The market is always in different faces so we should always prepared for even downward season when it will look like nothing good is going to come out of the market.
We should always see an opportunity in what we do and what the market present to us. When price is down, we should always have that feeling to buy more because no one knows when the market is going to go bullish.
member
Activity: 210
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Bitcoin has gained so much popularity and recognition in the past few years that it rose from nominal prices to almost $69000 in 2020. It however gained hundreds of billions of dollars in capitalization over the years. The situation has changed with both appraisals/approvals and backlashes on the cryptos by some countries, especially government officials.

Inflation is another problem, and they have successfully caused Bitcoin to remain at lower levels compared to its all-time peak of almost $69000. Its market capitalization today is a little above $454 billion, which is still a good value. However, in events that more backlashes and higher inflation negatively affect the crypto some more and finds itself at about $1000. What would be your reaction? Will you turn your back on Bitcoin or has your investment just begun on it?

As for me, my investment has just begun. I have learnt from my past mistake.

I think Bitcoin (BTC) never touch again $1000 dollars because in past it really pumped and touch $69000 dollar So bitcoin has potential to go up in the future. In my experiences BTC touch again $69000 In 2025 to 2027 and also there is the to invest your money at Bear Market.
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