Will Bitcoin cross 3K USD this year? - page 3.

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Quote from: alanshen23 on September 27, 2019, 04:17:44 AM

It seems to bear market. Should I hold BTC now?

3K i don't think it will happen again in short time. Don't know about in future, maybe for interval this year i think will keep stable like this.

Even in the future, the price of bitcoin market will never dump to the price range suggested by the OP because ever since the year 2017 bitcoin market seems to maintain the act of never dumped to previous it previous depth price and if I'm correct the last depth price of bitcoin was $$6,100-6200. Besides, after this upcoming bitcoin halving the remain bitcoin to be mine won't be much and bitcoin could reach the total 21million anytime.

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But not want to resist that if people panic and sell their assets, it can be happen. Maybe if me i will stay to hold my bitcoin because i can see bright future from it. But not want to force people to hold it too because it is their own choice.

Even if some people panic sells their holding it will just create an opportunity for the whales since the impression of this current dump in price of the market is for the whales and opportunity seizure investors to accumulate more coin in cheap.

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If you bought it a a very high price than its price now then you must hold, I dont think no one will benefit from selling from a lost I guess. Many people lose their fund due to panic selling, this is thr problem by most. No one can really predict what will be the price of it or the market movement. Analysis some is blur and can't be so accurate.

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Quote from: samcrypto on September 28, 2019, 05:52:42 PM

I will not wait for any articles to tell me when to buy because I know to myself that I have to rush in the market and buy bitcoin because its cheap but if its go down again then maybe I will loan a money and buy more bitcoin again. There’s a risk on buying so be prepared and don’t just buy because of any signal.

What is difficult in here is that we are too much optimistic to see prices always at high which is supposedly we don't have to be like that. We already know the fact about crypto and the volatility itself, we can't figure it out when it comes out strong or weak. And I think that you know it already.
And forgot about in making loan cause it is not a good idea especially if you are just to investing in crypto. We don't have 100% assurance in here and this a reason also why people are badly in debt.

Some peoples are always fear in crypto investment, so we don't clarify the situation and How it will going to moon. So don't think the risk factor because they never fear the Bitcoin investment and it will on future and demand. May be current dump is affect yourself so you don't believe the Bitcoin potential. If you consult any experienced traders they are all still involved in Bitcoin trading.

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Quote from: alanshen23 on September 27, 2019, 04:17:44 AM

It seems to bear market. Should I hold BTC now?

We have already crossed $3k in first quarter of this year lol 😂 so it’s impossible to go back it’s not fair ..

Anyway kidding aside I don’t know where did you get that assumption but that’s too low for bitcoin to struggle again as bull is already here

This BAKKT effect will end very soon now and you’ll see another growth again so just keep the holding and stay trusting bitcoin

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Reality is people are always afraid, they lived the time of 20k to 3k times so when the price goes down it brings back those bad memories, that is why they have not really get over the fact that if bitcoin drops it doesn't really mean it will drop even more, it just means it may not drop too much but keep stagnant after the first fall.

Just because we fell from 10k to 8k doesn't mean we will go to 3k, it means we can stay at around 8k as well, not saying it won't go down but it just doesn't have to. I am trusting bitcoin for now, until it goes under 6k I will keep mine at bitcoin and hodl it, if it goes under 6k I may have to change some stuff up and do something else, I know its a risky move to wait that much but I feel like we will not stay here too long.

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Quote from: alanshen23 on September 27, 2019, 04:17:44 AM

It seems to bear market. Should I hold BTC now?

Lol 3k usd is an insult right after the near bullrun and now since there’s a small issue in prices expecting bellowing $3k? Nope it won’t happen I’m sure because this fall is just a result of manipulation but they can’t make it lower than $6k

I assume that this will continue but not lower than $6,000(I’m confident and believe)

Quote from: samcrypto on September 28, 2019, 05:52:42 PM

I will not wait for any articles to tell me when to buy because I know to myself that I have to rush in the market and buy bitcoin because its cheap but if its go down again then maybe I will loan a money and buy more bitcoin again. There’s a risk on buying so be prepared and don’t just buy because of any signal.

lol while I believe that we should be accumulating more when dip,but I don’t want to encourage anyone to take another step that my risk their livin.having a load because you believe market will grow soon is a suicide and must not Ben tolerated

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I will not wait for any articles to tell me when to buy because I know to myself that I have to rush in the market and buy bitcoin because its cheap but if its go down again then maybe I will loan a money and buy more bitcoin again. There’s a risk on buying so be prepared and don’t just buy because of any signal.

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Quote from: alanshen23 on September 27, 2019, 04:17:44 AM

It seems to bear market. Should I hold BTC now?

You can do whatever you want with your money, however bitcoin has a tendency of generating higher lows, the lowest price in which we saw bitcoin being sold during this year was 3500 this most likely means that from now on we are never going to see bitcoin going below that price again, we may see 6000 or 5000 again but we will not reach 3500, since you are worried about seeing a price below 3000, probably because that is the price at which you bought bitcoin, then you have nothing to worry about and could hold your bitcoin without any problems.

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I can't see the reasons why would Bitcoin price fall so deep. Some more corrections will happen, that is what we can expect but I don't expect to see some major dump, not that price could fall below 6000$, that is my worse expect ation. Even if that happened it wouldn't be over night but after that the price will not recover so soon. So don't expect that you will buy Bitcoin at 3000$ or less at one day and sold at 10000$ the next.

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Quote from: Kemarit on September 27, 2019, 07:00:06 PM

Quote from: Wilhelm on September 27, 2019, 10:43:17 AM

This is what we would call a bull trap... get the last weak hands to lose faith...

Probably just another shake up and get rid of those weak hands.

Quote from: alanshen23 on September 27, 2019, 04:17:44 AM

It seems to bear market. Should I hold BTC now?

Why $3,000 though? Why not $1,000 so that we can purchase more and fill our bags? Are you one of those weaker hands that we've describing? If you don't have faith or at least very nervous about the current price then why not just hold on your Bitcoin and then let this bearish cycle pass by? Opps, I spoke to soon, Bitcoin somewhat recovered to $8200 now.

You don't expect something to fall by 90% and still believe it will recover. It took around 8 months for Bitcoin to recover from 65% fall in 2018, imagine how many months will it take to recover 90% fall. So if you think it's ok for Bitcoin to fall to $1000 then it isn't really. If anything of such sort happens then Bitcoin will get the status of non-serious gambling investment than a competitive high-yielding investment status it has now.

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Quote from: alanshen23 on September 27, 2019, 04:17:44 AM

It seems to bear market. Should I hold BTC now?

Of course you have to hold bitcoin because its not good if you don’t have it and if ever we go back to the bottom you must have the money to buy more bitcoin because it can go up high again just like the previos trend. Don’t panic if we are on a bear trend, it will reverse in time because its the cycle of the market.

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Quote from: Kemarit on September 27, 2019, 07:00:06 PM

Why $3,000 though? Why not $1,000 so that we can purchase more and fill our bags?

You wouldn't be buying at $1,000. Nobody here would be. We would all be scared shitless. Wink

Most people get scared and pull their bids when the price is crashing. Plus, crossing below the 2013 ATH (the likes of which has never happened before) would be a really bearish long term technical signal.

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Quote from: alanshen23 on September 27, 2019, 04:17:44 AM

It seems to bear market. Should I hold BTC now?

The price of BTCitcoin has already crossed 3k USD a long time back Tongue

. Welcome back after the induced comma Tongue

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Quote from: ZimmerJason on September 27, 2019, 05:16:29 AM

I think BTC will plumb to 20K at the end of 2019 Roll Eyes

If not will get a plumber to pump the price to those levels Tongue

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Quote from: UnDerDoG81 on September 27, 2019, 08:12:23 AM

Yes / No

You mean Yes, no, maybe , a song by Bae Suzy Cheesy

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@OP anything can happen in a market but that does not mean the price will drop to $3k just like that unless there is a major market crisis.

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Quote from: exstasie on September 27, 2019, 11:56:54 AM

Quote from: alanshen23 on September 27, 2019, 04:17:44 AM

It seems to bear market. Should I hold BTC now?

Bearish sentiment is developing beautifully. It's like night and day vs. when we were trading in the $10,000s! People are obviously getting pretty scared. I'm getting a little scared myself! This is good. It means we're probably closer to the bottom than we think. It always feels darkest before the dawn.

Remember in December 2018 when people were expecting $1K? Well $3K might be the new $1K. Wink

Well now I'm exciting than ever ... holding bitcoin for long time already and looking for buying more on discount right now till the dip! Who else with me? Thinking and move against the market trends trigger my adrenaline Grin

... I've got no problem to see the market crashed even worse , ready to fill in my basket full of fresh bitcoins!

I expect nothing in bitcoin but a really long long time investment ...

I tend to agree with Pompliano who think that bitcoin is world's best performing asset class over past 10 years ..

Here's why :

2010: 6¢
2011: $4
2012 $10
2013: $100
2014: $400
2015: $200
2016: $600
2017: $4,000
2018: $6,000
2019: $8,000

2020 ? You tell me.

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Why not?
C'mon, look at the history first. This is just some minimal dump which happens with bitcoins almost every month.
It wont cross that low, believe me and I bet it wont anymore.

There is too much supporters now than it was before and also the usage is getting more wider than before. Think positive for it will take us to the moon in the future.

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Quote from: alanshen23 on September 27, 2019, 04:17:44 AM

It seems to bear market. Should I hold BTC now?

Yes, you should hold your bitcoin. But I suggest you buy more bitcoin if you have more money and you want to make a profit later. Bitcoin now is at a low price and still below than $10k, so it is a good price to buy. But be careful because the price can get down again without you know so make sure that you analyze first before you bought. But we are still in the bear market so anything can happen.

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Quote from: alanshen23 on September 27, 2019, 04:17:44 AM

It seems to bear market. Should I hold BTC now?

Of course you should hold bitcoin because I'm optimistic that bitcoin is still the biggest volume of crypto assets in the world. And if we follow the historical pattern of past Bitcoin increases, indeed after or before Halving Day, the price of Bitcoin goes up high.

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Quote from: ZimmerJason on September 27, 2019, 05:16:29 AM

I think BTC will plumb to 20K at the end of 2019 Roll Eyes

Neither will the price of bitcoin market dump to the 3000 price range mentioned by the OP nor will the market surge to 20K you mentioned and I don't know if most people notice that the crypto market usually experience some dump in price before it halving. Mind you, the market is currently resisting downtrend despite tomorrow is weekend.

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Quote from: Wilhelm on September 27, 2019, 10:43:17 AM

This is what we would call a bull trap... get the last weak hands to lose faith...

Probably just another shake up and get rid of those weak hands.

Quote from: alanshen23 on September 27, 2019, 04:17:44 AM

It seems to bear market. Should I hold BTC now?

Why $3,000 though? Why not $1,000 so that we can purchase more and fill our bags? Are you one of those weaker hands that we've describing? If you don't have faith or at least very nervous about the current price then why not just hold on your Bitcoin and then let this bearish cycle pass by? Opps, I spoke to soon, Bitcoin somewhat recovered to $8200 now.

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Quote from: alanshen23 on September 27, 2019, 04:17:44 AM

It seems to bear market. Should I hold BTC now?

If you are still waiting for 3k, the good luck to you but i don't think it going to hspprn this year. The drop looks like just a minor pull back to me. We should be able to be fully aware of there in the coming days

As we speak now there are some major movements trying to reverse the drop that has been happening for a few days now.

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