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Author Topic: Bitcoin will Not Crash.  (Read 4795 times)

Offline Delgboke

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Bitcoin will Not Crash.
« on: June 21, 2021, 01:57:47 PM »
Why the fears and panic in the Cryptocurrency market, because of some news trending on different Cryptocurrency media especially that of Elon musk this negative news always bring downtrending in the Cryptocurrency market some people because of such negative news about Bitcoin and Cryptocurrency industry alot of sell off, while some people like us are still holding the few coins in our position despite what's happening in the Cryptocurrency currently, I still believe that Cryptocurrency will not crash as some people are forecasting about the sudden downtrending of Bitcoin price. What's your opinions about this?
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Bitcoin will Not Crash.
« on: June 21, 2021, 01:57:47 PM »

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Offline mlawson71

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Re: Bitcoin will Not Crash.
« Reply #1 on: June 21, 2021, 03:46:47 PM »
Bitcoin has crashed before. There is precedent now, it makes sense that people would be suspicious, I think.

Offline trauchot

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Re: Bitcoin will Not Crash.
« Reply #2 on: June 21, 2021, 04:33:30 PM »
Bitcoin has already fallen from 65k$ to 33k$ and it is already considered a very huge fall for bitcoin, and in general I think that bitcoin will continue to fall in price and perhaps history will repeat itself and bitcoin will fall below 5k$ -10k$, so wee need to prepare for this scenario too, and also after a big fall there will be a big pump.
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Offline Triedboy

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Re: Bitcoin will Not Crash.
« Reply #3 on: June 22, 2021, 03:01:26 AM »
The price of Bitcoin is currently just going down. How the Bitcoin price is going down is very unlikely to increase this year. Again, I see that many people are thinking that the price of Bitcoin will come down to $20k. The price of Bitcoin has been dumping so far but the price of Bitcoin has not increased even after Elon Musk later took over the Bitcoin transaction Telsa Company. That's why I think that bitcoin price will go down further.
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Offline Oshosondy

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Re: Bitcoin will Not Crash.
« Reply #4 on: June 22, 2021, 09:50:44 AM »
Why the fears and panic in the Cryptocurrency market, because of some news trending on different Cryptocurrency media especially that of Elon musk this negative news always bring downtrending in the Cryptocurrency market some people because of such negative news about Bitcoin and Cryptocurrency industry alot of sell off, while some people like us are still holding the few coins in our position despite what's happening in the Cryptocurrency currently, I still believe that Cryptocurrency will not crash as some people are forecasting about the sudden downtrending of Bitcoin price. What's your opinions about this?
Also the recent negative news in China has been resulting to bitcoin and cryptocurrencies generally to be crashing in price, but this is not the first time there will be such bear market. With time the crash will end while the bull run will start. This is not what we should panic about but waiting for the next rising phase. China maybe because if its digital Yuah, the country is planning to eradicate decentralized currencies totally within their region, even cryptocurrency mining.

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Re: Bitcoin will Not Crash.
« Reply #5 on: June 22, 2021, 11:38:34 AM »
Bitcoin prices are going down for various reasons.  The cryptocurrency market has plummeted since Elon Musk first announced the suspension of bitcoin acceptance in contrast to Tesla.  China, on the other hand, has banned cryptocurrencies.  And strict measures have been taken to enforce this law.  My guess is that it will take a long time for Bitcoin prices to rise again in the future.  However, it is difficult to give any idea about cryptocurrency in advance.
« Last Edit: June 23, 2021, 01:50:29 PM by Maxtel »

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Re: Bitcoin will Not Crash.
« Reply #6 on: June 22, 2021, 11:40:47 AM »
The cryptocurrency market is currently very volatile. I think Elon Musk is to some extent responsible for the deteriorating market conditions. Because when the market conditions were a lot better, the bad news was affecting the cryptocurrency market. As a result, the market situation was accelerating with the downward wave. However, the current market situation is likely to be much better. Because the fundamental condition of the market is a bit better. So currently 90 percent of investors make good comments about cryptocurrency.

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Re: Bitcoin will Not Crash.
« Reply #6 on: June 22, 2021, 11:40:47 AM »


Offline CryptoStar19

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Re: Bitcoin will Not Crash.
« Reply #7 on: June 22, 2021, 02:50:56 PM »
A bitcoin crash is really a big bitcoin sale when you can buy it at a significant discount. ;-)

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Re: Bitcoin will Not Crash.
« Reply #8 on: June 22, 2021, 03:44:25 PM »
Bitcoin is under $30k and by the time I post this, I hope the price won't drop and get close to $25k.
There is a lot of panic from some new investors who have little experience in trading, they will sell at low prices out of fear and when prices go up they will come back expecting profit.

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Re: Bitcoin will Not Crash.
« Reply #9 on: June 22, 2021, 03:58:52 PM »
Why the fears and panic in the Cryptocurrency market, because of some news trending on different Cryptocurrency media especially that of Elon musk this negative news always bring downtrending in the Cryptocurrency market some people because of such negative news about Bitcoin and Cryptocurrency industry alot of sell off, while some people like us are still holding the few coins in our position despite what's happening in the Cryptocurrency currently, I still believe that Cryptocurrency will not crash as some people are forecasting about the sudden downtrending of Bitcoin price. What's your opinions about this?

It has passed mate, bitcoin crashed. But If you said that's correction or fluctuate, Lets see for several weeks again.
If bitcoin will recover and increase again, we can say that corrections.
Because I see the bearish season happening now.
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Re: Bitcoin will Not Crash.
« Reply #10 on: June 22, 2021, 04:10:44 PM »
I believed that The market is crashing, and I am unfortunate because I was one of the others who did not benefit from the current Bullish because of keep on holding. Hopefully, it will not crash so deep, and it will still hit the ATH before this year ends.

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Re: Bitcoin will Not Crash.
« Reply #11 on: June 22, 2021, 04:15:19 PM »
I believed that The market is crashing, and I am unfortunate because I was one of the others who did not benefit from the current Bullish because of keep on holding. Hopefully, it will not crash so deep, and it will still hit the ATH before this year ends.

I think invest in crypto currency is doing the right time , to buy and sell.
If you keep hold when bullish, and for now we all see the bearish, you lost mate.
You should hold your coins and wait the next bullish.
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Re: Bitcoin will Not Crash.
« Reply #12 on: June 22, 2021, 04:36:11 PM »
The digital currency had been firing on all cylinders, hitting an all time high in April. However, the price has been falling since May.

This is despite the fact that El Salvador has become the first country to adopt it as legal tender.
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Re: Bitcoin will Not Crash.
« Reply #13 on: June 27, 2021, 02:19:44 PM »
Fear or panic is normal, no one waant loss their asset unless they got plan and money for buy back. The solution is keep optimist and buy again ( such as eth and chainlink ), bitcoin still too high choose the alternative. Bitcoin is for saving but trade, eth is the king.

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Re: Bitcoin will Not Crash.
« Reply #14 on: June 27, 2021, 02:43:37 PM »
I believed that The market is crashing, and I am unfortunate because I was one of the others who did not benefit from the current Bullish because of keep on holding. Hopefully, it will not crash so deep, and it will still hit the ATH before this year ends.

I think invest in crypto currency is doing the right time , to buy and sell.
If you keep hold when bullish, and for now we all see the bearish, you lost mate.
You should hold your coins and wait the next bullish.
This is why sometimes when I hear people yelling HODL HODL when you can clearly see that the market is dipping, I don't quite understand that. You could have sold and buy back once you again noticed the market has properly signaled a Bull market. I too made this mistake in one of my coins though it was from a bounty distribution and it went up to $80+ and I was still HODLing though because they were in stake and now that same coins is at $15  :'(
HODLing is better when you buy in at almost the top of the market and if you sold you would loss most part of your investment if the market has already dipped to much.

 

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