Will BTC fall below $30,000? The high-yield risk opportunities are in MEME? - page 4.

NewRanger

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Quote from: ChaoChibai on June 24, 2021, 02:09:59 AM

Quote from: ashmodeus on June 22, 2021, 04:39:18 AM

the question, why people buy more meme coin instead buying the real coin , a meme coin has got negative perspective , from doge has been abandoned by elon musk it self as a doge father , i dont think meme coin will get attention from investor if the market rebound , they probably buying cheap coin but good , such as Dent , MFT , or even Wager.

well this is so true, I also dont get it why people buy more meme coin rather than real coin. I prefer and suggest to buy real coin that has a good prospect. There are so many coins that fulfill the criteria such as IOTA and ARPA.

it caused more speculator coming than true investors in crypto market now, most of them trying to speculate their money into hot project that be trend now and this is MEME coins. just look at Doge market capitalization and trading volume , it soar extremely since elon musk shill it in his twitter. and MEME coin investors still put their big hope could repeat the last moment to gain maximum profit. so for them , utility or usecase not important anymore, the first point is how to multiply profits in short term.

southerngentuk

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In my opinion these short trend coins won't last long in this space.
there will be new trends emerging and then we will know what it is but for now I still think NFT will come back.

ChaoChibai

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Quote from: ashmodeus on June 22, 2021, 04:39:18 AM

the question, why people buy more meme coin instead buying the real coin , a meme coin has got negative perspective , from doge has been abandoned by elon musk it self as a doge father , i dont think meme coin will get attention from investor if the market rebound , they probably buying cheap coin but good , such as Dent , MFT , or even Wager.

well this is so true, I also dont get it why people buy more meme coin rather than real coin. I prefer and suggest to buy real coin that has a good prospect. There are so many coins that fulfill the criteria such as IOTA and ARPA.

wmaurik

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Yesterday dropped under 30k but looks like no more weak hands so we see recovering today. I dont expect drop under again.

Yes, now that Bitcoin price has passed $34K again with a few percent gain followed by all Altcoins, in general the market is starting to look green again, but I can't say for sure if this is a sign of recovery for the market.

masterrex

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Quote from: Iyanu14 on June 21, 2021, 06:00:39 AM

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?

I think meme coins are relatively riskier compared to other coins/tokens in the market because I believe they have no real demands and mostly run by speculations that's why all of their gains are only temporary meaning in the nearest possible time it may become zero value so think first before you are going to invest in those meme coins especially in this very challenging times in the crypto industry, why just invest in more stable cryptocurrencies which is has a real value. It's just advice base on my personal experience lately from a BSC meme coin that has Trillions of supply that ends up losing my BNB.

Vishnu.Reang

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can and it happened yesterday. bitcoin fell below 30k, to be more precise bitcoin touched 29k. but there hasn't been a day, the price has returned to the top. this proves that bitcoin is strong enough to withstand a fall. and meme are not opportunities, it's just momentary hype. so it won't move the market. so it won't help bitcoin.

It just means that the support levels are strong, even if we are in a bearish phase now. Institutions and whales are using the dips to increase the size of their holdings. And during the meantime, the individual investors are picking useless shitcoins at inflated prices. Only time will tell which one of these strategies are right. Some of the shitcoins sailed to market caps in excess of $50 billion, without any involvement from the institutions. Now I don't know when the dump is going to happen.. but once it is triggered it is going to be bloodbath in the alt market.

carlisle1

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Quote from: otundebis on June 23, 2021, 08:55:39 AM

Looking at the trend, you can see that bitcoin will fall below $30000. The downward spiral of price of bitcoin is inevitable in the short to medium term. I think we need to brace up for wild swing especially for those that are holding bitcoin from $50000 to $60000 range. On the flip side, bitcoin low price is an opportunity to accumulate and secure your position!

If you have good insight then the chance is always open for you to grab, volatility really showing high
risk for your investment you need to go deeper before taking any actions in terms of investing to any assets that you like.

Bitcoin low price is not always there, once the market start to gain support bull will run as fast as it can, leaving those aspiring
investors be left behind and regret the chance that they've missed.

Do your research, taking the risk with any coins around depends from how you understand the project and it's potentials.

otundebis

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Looking at the trend, you can see that bitcoin will fall below $30000. The downward spiral of price of bitcoin is iinevitable in the short to medium term. I think we need to brace up for wild swing especially for those that are holding bitcoin from $50000 to $60000 range. On the flip side, bitcoin low price is an opportunity to accumulate and secure your position!

ahoenk

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It was fell below $30k but we have very strong support around $28k. If we break the $28k support we can going down to $18k. But i still believe we are not in the bearish phase because one year ago BTC is still at $9k right ? We are just going up too fast if we compare to 2017 bullish cycle.

SirLancelot

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Quote from: Iyanu14 on June 21, 2021, 06:00:39 AM

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?

First of all I think you should know something, and that’s that Dogecoin never had a move as huge as this since it came out. So those that are going to be telling you that there are chances that it can repeat this again, how sure are they?

2020 to 2021 are the years that Dogecoin really shined. And other meme coins you are talking about are just riding on the achievement of Dogecoin, people are buying them because they feel they will do the same thing as Dogecoin. For sure a lot of them has lived up to that expectation, but for how long? So my advice is that if you’re going to be investing in those, you have to be very careful, invest little in them, and look for other solid coins to invest your money in.

ashmodeus

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the question, why people buy more meme coin instead buying the real coin , a meme coin has got negative perspective , from doge has been abandoned by elon musk it self as a doge father , i dont think meme coin will get attention from investor if the market rebound , they probably buying cheap coin but good , such as Dent , MFT , or even Wager.

imamusma

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Quote from: mamahdedeh on June 21, 2021, 11:33:02 PM

at times like this we can take the positive side, of course when btc falls, it will be followed by altcoins. that way, there will be a selection of altcoins that are able to survive and those that are not. Therefore, to invest in altcoins, of course you must be able to choose an altcoin that has a reputation, not for new projects if we are still not good at analyzing

Currently almost all popular coins are suitable to buy and also suitable to hold because after this big correction, there will be a phase where the market will return to a new ATH, and I hope it can happen soon this year although it looks like it will longer to happen.

Teraboy

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Quote from: laohe628 on June 22, 2021, 03:21:33 AM

So don't expect anything from new meme coin, they will down, down, down...until 0 volue.

Agreed but the shitcoin believers will always try to mention the bullish will come for their garbage coin soon. So many newcomers are getting fooled by this shitcoin. People didn't even wanna try to learn from their past experience. that means if they didn't even care with what other people said about that.
OP was telling about the opportunity to gambling in the shitcoin but he doesn't think about the risk.

maydna

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Quote from: dhemasm on June 22, 2021, 03:32:37 AM

Quote from: laohe628 on June 22, 2021, 03:21:33 AM

So don't expect anything from new meme coin, they will down, down, down...until 0 volue.

Indeed, Meme Hype was over and so the bullish market too. The market was stagnant for now and i suppose there will be another bearish market, Bitcoin almost touch $30,000 and Ethereum already fall to below $2000, It's better to save the asset or maybe filling the bags by buying some Major coins like Bitcoin, Ethereum, LTC, ADA and stay away from any "Meme" Coin/Token.

Perhaps, meme coins need to wait for another new trend that can lift the meme coins to increase back. Right now, I guess people focus is back to bitcoin, ethereum, and bnb as those three major coins are down too deep. Perhaps, some people still buy many meme coins and hope that meme coins can give them a surprise in the future. They can do that and buy so many meme coins at the market and keep it for the long term, but no one will know what will happen to that meme coins. I prefer to buy Dogecoin as that coin is one of the oldest coins that can survive until now, and we see that Dogecoin can give us a big surprise many times.

wmaurik

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Quote from: laohe628 on June 22, 2021, 03:21:33 AM

To be honestly, i do not want to talk about meme coin at all, the bullish season ends after meme coin season, just the same as 2018. So don't expect anything from new meme coin, they will down, down, down...until 0 volue.

This year's decline won't be exactly the same as 2018 because the peak ATH values are much different even though the percentages are almost the same, and even that doesn't mean it can be a consideration for meme coins or other junk coins.

maxreish

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Quote from: fvb on June 21, 2021, 07:11:38 AM

I think this will happen soon. But not below 27-28. And as noted here, there are coins with great potential. Not the ones you listed.

If bitcoin's stuation today continues and it will go dump and it is possible that bitcoin's price will fall below $30k and will go back from last year's $25k price. However, there will still high chance that it will not hold that significant support zone at $31k to $32k, lets be ready for another bearish market.

Kelvinid

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The only comforting news I got today on the position in the cycle as bullish market, according to history, the new cycle attain a price that does not allow bitcoin to go below the previous ATH. We already have 55% dump in bitcoin price ($32k), which makes it very close to $20k previous ATH. A decline around -85% from $65k might deepen the price beyond rescue and damage the market forever.

I don't rely on history and it seems too far from happening again.
Even the market will break the $30k and go deeper, still, I never think it causes huge damage in the market nor says it was forever.

And even it reaches back to $20k, isn't a problem I think and people could still make a profit with it. Just think that we are giving a chance to buy Bitcoin at a cheaper price, it turns back high again as I know and we need not miss this opportunity as it was just passing by. Maybe we should be ready for the bear season.

dhemasm

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Quote from: laohe628 on June 22, 2021, 03:21:33 AM

So don't expect anything from new meme coin, they will down, down, down...until 0 volue.

Indeed, Meme Hype was over and so the bullish market too. The market was stagnant for now and i suppose there will be another bearish market, Bitcoin almost touch $30,000 and Ethereum already fall to below $2000, It's better to save the asset or maybe filling the bags by buying some Major coins like Bitcoin, Ethereum, LTC, ADA and stay away from any "Meme" Coin/Token.

laohe628

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To be honestly, i do not want to talk about meme coin at all, the bullish season ends after meme coin season, just the same as 2018. So don't expect anything from new meme coin, they will down, down, down...until 0 volue.

isaac_clarke22

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Quote from: Iyanu14 on June 21, 2021, 06:00:39 AM

~

Does anyone remember when back in the days when memes were just like troll face, b**** please and u mad bro?
Now that memes are like new now these days and we even have Doge and those died out?
That would apply the same in crypto market. These meme coins will have their time, but not for long-term.
If there is any single thing in this world that could still make it alive, it would be just celebrities but you cannot depend on these people in the long-term. They're just gonna hype and when they sell/dumped, it is all over now.

Topic: Will BTC fall below $30,000? The high-yield risk opportunities are in MEME? - page 4. (Read 910 times)