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Author Topic: Bitcoin will Not Crash.  (Read 4804 times)

Offline Goldlife

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Re: Bitcoin will Not Crash.
« Reply #75 on: October 28, 2021, 04:39:27 PM »
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.
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Re: Bitcoin will Not Crash.
« Reply #75 on: October 28, 2021, 04:39:27 PM »

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Offline Google+

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Re: Bitcoin will Not Crash.
« Reply #76 on: October 28, 2021, 09:28:06 PM »
someday when the price of bitcoin is high and very expensive, it will surely collapse someday because bitcoin doesn't always have an expensive price, of course bitcoin traders will make a profit withdrawal when the price has increased very sharply. so my advice maybe you don't hold bitcoin for too long, when you get a lot of profit you can withdraw profit.

Offline sampoerna

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Re: Bitcoin will Not Crash.
« Reply #77 on: October 28, 2021, 11:59:16 PM »
Although Bitcoin is the king of crypto, there is still a probability to crash someday in the bearish era.
There is a cycle where cryptocurrency will be in the bullish era and the bearish era. And when in a bearish era, all coins will drop and crash so drastically. We have been experienced it several times.
But currently, this is still in the bullish era, so I believe that it will not crash much and will rise up significantly
« Last Edit: October 29, 2021, 12:01:47 AM by sampoerna »

Offline Noverteno

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Re: Bitcoin will Not Crash.
« Reply #78 on: October 30, 2021, 07:20:42 PM »
someday when the price of bitcoin is high and very expensive, it will surely collapse someday because bitcoin doesn't always have an expensive price, of course bitcoin traders will make a profit withdrawal when the price has increased very sharply. so my advice maybe you don't hold bitcoin for too long, when you get a lot of profit you can withdraw profit.
This is smart advice. I also think that the high price of bitcoin will not be permanent. We can verify this with the example of ethereum. As soon as transaction fees increased dramatically, market participants began to switch to other platforms. Bitcoin in this regard has been bad for a long time. However, its popularity not only holds, but continues to grow, mainly due to the fact that people believe in its constant price increase. However, such growth will all the same once stop and this will mean a collapse for bitcoin and a shock for the entire cryptocurrency market. It will be optimal if this happens gradually.

 

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