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Topic: Will BTC fall below $30,000? The high-yield risk opportunities are in MEME? - page 2. (Read 910 times)

member
Activity: 636
Merit: 11
Indeed, many hope that when the next bull run occurs, meme coins like Shiba will follow the trend of the previous Dogecoin. But I think this is not something easy. Shiba is indeed very active on the Binance exchange, but Shiba's existence is not like Dogecoin. Shiba relies on the Ethereum and BSC blockchains.
which is an important consideration I think Shiba is not as strong as Dogecoin. we know how Dogecoin started and maintained its community. and Shiba was just getting started. still too soon to see him take his position.
and the next bull momentum I doubt will happen this year. Instead, a gradual correction will affect our psychology to continue to hope and believe that bulls will come soon.
shiba need to prove their self if want to survive in this bearish market and could called as the next doge coin.DOge coin was existing coin which survive in many bearish wave in few years ago and even many people said this coins was not deserved called as cryptocurrency. bearish trend still run for long term and i am doubt it could hit 100k this year and all altcoin will follow it
full member
Activity: 1456
Merit: 120
Buzz App - Spin wheel, farm rewards
I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?

After all, there is only 1-3 times the room for BTC to increase. Memes coins such as Dogecoin, SHiba, Dogira, TadPoleTADP and other animail coins have even higher declines, and rebound gains will be dozens of times. maybe? What do you think?
IMO It would be boring when other people lean towards these memes, except for Elon promoting Doge, coin memes would be meaningless.  Fomo, Imo which I don't think it will necessarily reset the app's response to increase the price as before.  Doge and other coin memes have a very deep hole to get through.  I don't have any of those, because I don't believe in the future of meme coins.  Instead, I will embrace NFT
TWW
full member
Activity: 1456
Merit: 109
Indeed, many hope that when the next bull run occurs, meme coins like Shiba will follow the trend of the previous Dogecoin. But I think this is not something easy. Shiba is indeed very active on the Binance exchange, but Shiba's existence is not like Dogecoin. Shiba relies on the Ethereum and BSC blockchains.
which is an important consideration I think Shiba is not as strong as Dogecoin. we know how Dogecoin started and maintained its community. and Shiba was just getting started. still too soon to see him take his position.
and the next bull momentum I doubt will happen this year. Instead, a gradual correction will affect our psychology to continue to hope and believe that bulls will come soon.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
But I dont think BTC will go down below $30k it will possibly but it will be real quick and bounce back to previous resistance really fast if this happens, meme coins fore sure will follow bitcoin price once it drop below 30k, why are you thinking that meme coins price will go up once btc drops below 30k? If you are unsure what will happen to market once btc drops to avoid risk better exchange to stable coin for a moment and wait for right time.   
This is in fact what we have seen, the price can indeed go below the 30k level but it returns above that level relatively quickly, this show us the bears have limited ammunition to keep the price that low and the worst part is that they are helping the whales by giving them cheaper prices, this is why I think we have seen so much FUD recently as the bears realize that if they want for the price to go even lower then they have no other option but to try to scare people away so there is a higher selling pressure.
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
But I dont think BTC will go down below $30k it will possibly but it will be real quick and bounce back to previous resistance really fast if this happens, meme coins fore sure will follow bitcoin price once it drop below 30k, why are you thinking that meme coins price will go up once btc drops below 30k? If you are unsure what will happen to market once btc drops to avoid risk better exchange to stable coin for a moment and wait for right time.   

What we think and what we feel has nothing to do with what will actually happen. To be honest last time when we went to almost 20k I thought for sure 5k would be the bottom and even that I thought was next to impossible. But guess what,,, not so much longer than 15 months ago,,, we saw BTC drop to almost 3k. Who knows if it went down below 2k what price it could have broken as a floor?
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?

After all, there is only 1-3 times the room for BTC to increase. Memes coins such as Dogecoin, SHiba, Dogira, TadPoleTADP and other animail coins have even higher declines, and rebound gains will be dozens of times. maybe? What do you think?
What you have said here is like a normal thing that happens with altcoins whenever there is a bull run, they all go up like crazy, a lot of them do that. We have seen all these meme coins increase so much this year and we even got to see a lot of new meme coins get introduced into the market.

These coins are for sure going to increase when the bull run comes, although I think the bull run is over though there still people still saying there will be a continuation of the bull run, but I just think these people are dreaming and they are yet to wake up and start believing the fact that the bull run has happened and has also ended. Some of them are those that missed the bull, so They are just forcing themselves to believe that there is going to be another big chance again. Finally, if you ‘rebuying meme coins, be ready to take a big risk.
member
Activity: 1764
Merit: 10
It is still difficult to say whether the cryptocurrency market will rise or fall, but most likely in the near future the cryptocurrency market will start falling again, since the cryptocurrency correction was very short and therefore the worst should be expected, so bitcoin should fall below 30k$ and possibly even lower, but after the correction, as usual, there will be another huge growth, so do not worry about it, but about meme coins, of course, the top meme coins will also rise in price when the cryptocurrency market will start to grow.
legendary
Activity: 2450
Merit: 1047
I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?

The meme coin trend is still here so there's a possibility when the bull market trend returns the meme coin investors will have a good returns

Quote
After all, there is only 1-3 times the room for BTC to increase. Memes coins such as Dogecoin, SHiba, Dogira, TadPoleTADP and other animail coins have even higher declines, and rebound gains will be dozens of times. maybe? What do you think?

Although the return is high the risk is also too high when there's a shift in the market, if you are going to invest in a meme coin that works like a high yield investment be sure you know when is the right time to exit.
sr. member
Activity: 1050
Merit: 250
Still, now I don't invest in any meme coins, especially if those altcoins have Elon musk's support. Bitcoin prices have already fallen twice the time below 30k, you shouldn't be afraid about the price. We should think about the bullrun time. Even after Elon musk tweets, I see a very high risk in the meme coins. Did anyone notice that Elon Musk tweets about the "SHIBA INU".
elon musk start shilling shiba inu few days ago , and as usually he always manipulate market to shitcoin only. we dont know why he did it actually, alot of traders rekted following his tweet and we should not repeat the second mistake on doge. bitcoin price strong above $30k and hopefully it could drive bull movement.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Still, now I don't invest in any meme coins, especially if those altcoins have Elon musk's support. Bitcoin prices have already fallen twice the time below 30k, you shouldn't be afraid about the price. We should think about the bullrun time. Even after Elon musk tweets, I see a very high risk in the meme coins. Did anyone notice that Elon Musk tweets about the "SHIBA INU".
Which is as it should be, people are letting their investment decisions to be clouded and are investing in some of the most ridiculous things, yes it is possible that someone that invest in those coins makes money but the most likely option is that they will not do so and instead lose a fortune, take a look at bitcoin, anyone that held their coins has made profits with the exception of those that invested during the last months of the bull run, but everyone else made profits and the people that bought during this year as long as they hold will make profits as well, which is way better consistency than whatever you can get out of those meme coins.
sr. member
Activity: 1316
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
The meme coin is not really for every body who does crypto for a living. If you are really into it then by all means, invest on it, put your money into it, and don't stop doing it. But not all people has confidence in a meme coin, and not all meme coins are basically good coins. So be careful around meme coins if you are really interested then put only what you can afford to lose. Bitcoin is a bit stable I think but that doesn't mean it is now safe. We have to observe for a few more years before we can say that Bitcoin is will be back on its ATH status.
We are probably familiar with the new trends taking place in this market and ending soon. Lately I think a lot of people have been drawn into this trend and they really don't realize how risky it is. And the time and money of the very people who have bet on these trends will be used to make them understand this market.
sr. member
Activity: 1610
Merit: 264
~
In any case that happens, I would take that discount to buy more BTC. Smiley
I mean why not right? The lowest we got so far was 29k if I can recall correctly.
It was short-timed opportunity to buy more. Kind of missed a bit because I thought that it will continue to go below that.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
The meme coin is not really for every body who does crypto for a living. If you are really into it then by all means, invest on it, put your money into it, and don't stop doing it. But not all people has confidence in a meme coin, and not all meme coins are basically good coins. So be careful around meme coins if you are really interested then put only what you can afford to lose. Bitcoin is a bit stable I think but that doesn't mean it is now safe. We have to observe for a few more years before we can say that Bitcoin is will be back on its ATH status.
hero member
Activity: 2086
Merit: 761
To boldly go where no rabbit has gone before...
I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?

After all, there is only 1-3 times the room for BTC to increase. Memes coins such as Dogecoin, SHiba, Dogira, TadPoleTADP and other animail coins have even higher declines, and rebound gains will be dozens of times. maybe? What do you think?

Meme coins are called shitcoins for a reason, they'll give you shit.
Basically, unless you're on of the dev's or their second cousin, you're more than likely to lose out
hero member
Activity: 3234
Merit: 774
🌀 Cosmic Casino
It's a gamble if you're getting into High Yield with meme coins. There is profitability in meme coins but you'll never know how most of the investors of that meme will start to get out, it's truly high yield yet very risky at all.
I ever invested in SHIB and Dogecoin but I have sold all of them. These coins just rely on Elon's support only and have no real use case. It is very risky once Elon Musk never tweets anything again about these coins in the future. As the prices depend on the hype of Elon's tweets, someday the hype will be over and the price of these meme coins to drop severely.
Be like this guy, he knows what he does and what those coins does too.
sr. member
Activity: 1484
Merit: 447
Still, now I don't invest in any meme coins, especially if those altcoins have Elon musk's support.
I ever invested in SHIB and Dogecoin but I have sold all of them. These coins just rely on Elon's support only and have no real use case. It is very risky once Elon Musk never tweets anything again about these coins in the future. As the prices depend on the hype of Elon's tweets, someday the hype will be over and the price of these meme coins to drop severely.

Did anyone notice that Elon Musk tweets about the "SHIBA INU".
I don't care about Elon's tweets. I am not holding meme coins supported by Elon anymore. I am tired to follow the hype because it is like the Elon game. He is playing with us, and our money will be too risky with this Elon game.
sr. member
Activity: 574
Merit: 250
Still, now I don't invest in any meme coins, especially if those altcoins have Elon musk's support. Bitcoin prices have already fallen twice the time below 30k, you shouldn't be afraid about the price. We should think about the bullrun time. Even after Elon musk tweets, I see a very high risk in the meme coins. Did anyone notice that Elon Musk tweets about the "SHIBA INU".
member
Activity: 882
Merit: 17
We hope to see the market making move by August. i think the bull market that happened from December to May went to far. we may not see another such bull this year. the likely possibility of what happened in between 2018 till 2020 might repeat again. the crypto market is volatile and many trades against the News. many buy and sell against the market movement.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
I am now neutral on whether the bull market is still in place.

If the market changes to a big bull market, does it mean that meme coin has better returns?

After all, there is only 1-3 times the room for BTC to increase. Memes coins such as Dogecoin, SHiba, Dogira, TadPoleTADP and other animail coins have even higher declines, and rebound gains will be dozens of times. maybe? What do you think?
It’s like a normal thing with every altcoins in the market, they are always having much increase when their prices goes up, and when it is time to fall, they all fall harder than bitcoin. That’s how it should be, and the market cap explains it all; Bitcoin’s market cap is like half of the whole cryptocurrency market’s cap put together.

So, that makes it more stable than all of them. And since it is more stable than all of them, the increase or decrease will be much less than them all.And as for altcoins, since their market caps are way less than Bitcoin, their increase and decrease are always bigger.
member
Activity: 532
Merit: 18
Bitcoin price can actually fall below $30k again. There is no reason for not seeing it now. If it falls again, this time it might be harder to recover itself.

When it comes to meme coins, I'm not sure about them. It feels like they won't all have a good period if the bull market returns. DOGE can rise very sharply again as it separates itself from the others from now on.
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