Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: vs2014 on January 27, 2024, 07:04:56 PM

Title: How would you feel if bitcoin returned to $5k?
Post by: vs2014 on January 27, 2024, 07:04:56 PM: My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: SamReomo on January 27, 2024, 07:56:29 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
Man, this thread is the strangest thread I have ever read, it seems the whole thread is completed in the question or title of the thread. However, if Bitcoin somehow dumps back to $5k level then I'll also try to buy and hold as much of it as my financial conditions allows me.

Not only I but anyone who knows about Bitcoin who loves Bitcoin will do the same. They'll accumulate more and more Bitcoin when Bitcoin dumps back to $5k value. Not only Bitcoin enthusiasts but many new investors will invest in Bitcoin if it dumps back to $5k.

But, that won't happen, and that's why dreaming something like that is not going to be helpful at all. In fiction world that can happen but in real world that won't happen. Instead of going down to $5k Bitcoin will go up to $80k or possibly to $100k to $120k or even more during the peak of this bull run.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: armanda90 on January 27, 2024, 08:08:56 PM: What the crazy question? I think impossible with bitcoin return to $5k looking current price above $41k, you need wake up and understood what potential or not for bitcoin expectation price in the future. Some thing nonsense predicting exactly with bitcoin price will return to $5k and there are not any crazy holder or bitcoin investors won't to sell their bitcoin investing under $5k.
I believe when bitcoin make other lower support price exactly under $38k many investors are waiting for to buy back and difficult for bitcoin get more lower price under $5.
Its very difficult to acceptable how bitcoin price will drop very drastically until $5k and I believe its never happen with bitcoin have been large amount of investment assets by many top investors and holder.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: electronicash on January 27, 2024, 08:23:13 PM: the people who knew Bitcoin today will all be buying once it dip that low. its an opportunity once in a lifetime.

however you can't this to happen anymore. the institutions like blackrock will not allow the price to go down that low i think even before it dip to $30k blackrock and its friends are going to buy up what is being dumped in the market and price will bounce to $40k again. these institutions wants to keep the price up preventing the poor investors to come in.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: MrSpasybo on January 27, 2024, 08:51:35 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
You know, we shouldn't worry about things that are unlikely to happen, or will happen with an extremely small probability.

Currently, I can't think of any case or event that could bring Great BTC back to $5K in the next 4 years. My expectation is still that BTC price will increase and make a new ATH ~$150K in 2025 🚀🚀🚀

Maybe this won't happen but if BTC drops to $5K right now, I might have to change my Elliott wave count to this and be skeptical about the potential of the crypto market 😱

(https://www.tradingview.com/x/lAj0AQaB/)

I have BTC, and I will not take any action when BTC reaches $5K, because I have an OCO order to sell all BTC at $20K. When BTC drops to $5K, I will wait for a signal to reverse from decrease to increase to return to the market 🔎
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Primo1760 on January 27, 2024, 09:09:02 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
If I were to answer your question, I would say if bitcoin comes to 5k dollars then of course I will buy more than one bitcoin even if I give my maximum. Not only me but there are many bitcoin users like me who will also want to buy more than 1 bitcoin to hold for a long time because we have seen the popularity of bitcoin and its peak position. However, there are still some users and investors who will wait for Bitcoin to drop even further if it reaches $5000. If the market goes up from there they will regret it again which we have seen all along. Bitcoin market will hit $5000 is unreal it will never happen again. But Bitcoin will be $50000 very soon and will cross $100,000 during the bull season.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Cryptsafe on January 27, 2024, 10:08:09 PM: Based on the topic of this thread, I think it is impossible for bitcoin to crash back to that price. As far as I am concerned, bitcoin has long passed that line but however, we can not tell the next trend and market swing as it will be by I believe bitcoin can never drop below that price.
However if it does, I think it is a call to bag more because it would definitely bounce back to it's all time high so it would be nice me takes advantage of that opportunity when it avails itself.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Charles-Tim on January 27, 2024, 10:21:04 PM: I will slap myself so that I can wake up very fast from my dream. Such dream will only be a nightmare and it would be what might crash bitcoin to zero before I will realize that I am dreaming.

The point is that bitcoin is not going below $20000 ever again, not to talk of returning to $5000. Bitcoin is not those altcoins like Lunc or those altcoins that can go up 20x and fall 20x.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Dr.Bitcoin_Strange on January 27, 2024, 10:57:40 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????

My feelings are that Bitcoin will never go down to $5k again, despite the bear market and FUDs. It has been more than 5 years now since Bitcoin was $5k, and definitely it's not going to pull back to that price, so it's better if you start buying now and hold while you still wait for your speculated price.

Unless any terrible thing happened in the world or to the world's economy and perhaps such a pandemic lasted for more than 2 years, that's what can cause Bitcoin to go down that low; otherwise, it is very unlikely to happen.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Stompix on January 27, 2024, 11:04:43 PM: Quote from: armanda90 on January 27, 2024, 08:08:56 PM
What the crazy question? I think impossible with bitcoin return to $5k looking current price above $41k, you need wake up and understood what potential or not for bitcoin expectation price in the future. Some thing nonsense predicting exactly with bitcoin price will return to $5k and there are not any crazy holder or bitcoin investors won't to sell their bitcoin investing under $5k.

NOTHING is impossible!
Bitcoin went to 21 k and dropped to 3k, it went to 67k and dropped to 15k, we're at 41k right now after a drop to 1/7 and 1/4 what would be so not to be believed in a 1/8? Sometimes I really wish for a shock on the markets, a real bloodbath so that people are going to learn thee is nothing magical in the price, it's a free market and if nobody wants to buy your coins...then their value plummets!

Quote from: electronicash on January 27, 2024, 08:23:13 PM
however you can't this to happen anymore. the institutions like blackrock will not allow the price to go down that low i think even before it dip to $30k blackrock and its friends are going to buy up what is being dumped in the market and price will bounce to $40k again. these institutions wants to keep the price up preventing the poor investors to come in.

Black Rock doesn't give a crap bout the price, they make money from fees, they couldn't care less if it goes to 100k and 10k, besides why would they prop the price with their own money? You don't throw money away for others to have an exist, you wait till the bloodbath has ended and you buy cheap, isn't that like the basic of investment?

Don't mistake the ETFs BlackRock manages with their assets, their equity holdings, direct investments or the money shareholders held through their participation.

Quote from: Charles-Tim on January 27, 2024, 10:21:04 PM
I will slap myself so that I can wake up very fast from my dream. Such dream will only be a nightmare and it would be what might crash bitcoin to zero before I will realize that I am dreaming.

You see, you're wasting time and opportunities slapping yourself, I would be already selling books on how to flip burgers at McDonalds for minimum wage! :D
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: vegasus on January 27, 2024, 11:30:42 PM: If that happens now, this feeling will definitely be quite devastating because the hope is that this is a period of recovery where the price of Bitcoin, followed by altcoins, will improve further, and move towards halving. And the next hope is that after the halving, Bitcoin prices will skyrocket again. Therefore, if it suddenly drops again to $5k now, you will definitely be very surprised and confused.

However, this will be different after the bullish period. This might actually be a very good moment to buy back Bitcoin and then invest in it for the long term. Wouldn't this end well enough? The thought about it is only buying and accumulating as much as we can afford it.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: UNIVERSE on January 27, 2024, 11:55:15 PM: My question is, when Bitcoin will return to $5k? :-\
With the current price of Bitcoin, it is almost impossible to see the Bitcoin price to return under $10k. Even in the previous bearish season (2022-2023), the price of Bitcoin was still above $10k. Now, after Bitcoin ETF is approved, how can Bitcoin price to drop again to $5k?

I'm not sure to buy when it drops too much. It is too strange if it drops to $5k.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Z-tight on January 28, 2024, 12:46:57 AM: To be honest i don't think BTC can fall to that amount, it will be a total shock for BTC to go that low again, there is surely going to be price corrections and dumps, but it wouldn't be something that will cause this kind of dump. Though the thing to do when BTC price falls is to buy more coins, the chance is there for you to buy coins at a cheaper amount and i am sure many people will not let that chance slip.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: yhiaali3 on January 28, 2024, 03:55:24 AM: I expect that the answer will be the same for all Bitcoin lovers, of course buying and holding.

Although I rule out that Bitcoin will ever return to these numbers, in any case, if we assume that, investors who believe in Bitcoin will be very happy to see these low numbers to buy and accumulate more.

As for the speculators, they will be in a crazy state of panic and will never be happy and will think that their lives are over. This is the difference between a real investor and a speculator.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Mr. Magkaisa on January 28, 2024, 07:33:51 AM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????

- You know, even if what you say is impossible, let's assume that happens. For sure, more and more people will buy Bitcoin, and even for sure, people who don't know about Bitcoin will also buy it. That's for sure, and they will hold it for the long term.

That's why, like I told you, that's impossible because if you look at the history graph for 14 years on the chart, the movement of bitcoin is really up as time goes by, and many people said that bitcoin will fall at the price of what you say but never happen at any time, and that's the truth, mate.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: DAMKAR on January 28, 2024, 07:56:39 AM: Quote from: armanda90 on January 27, 2024, 08:08:56 PM
Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????

What the crazy question? I think impossible with bitcoin return to $5k looking current price above $41k, you need wake up and understood what potential or not for bitcoin expectation price in the future.

I think he's just joking, mate.
don't take it seriously.
OP just assuming about something that can't possibly happen?
Current price of bitcoin is $42K, which might fall to $5K.
It seems impossible to happen.

unless bitcoin is banned in all countries and investing in bitcoin is considered a serious crime, so no one dares to invest in bitcoin. Bitcoin price will go down.
hahahaha... ;D ;D ;D
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: TomPluz on January 28, 2024, 08:27:43 AM: While the normal reaction to the news of Bitcoin dumped to the $5K level will be people doing everything they can to buy, buy and buy the said digital asset...we should also understand human nature. People will be wondering what happened to Bitcoin since the price went down to $5K from around $40K - current price when I wrote this piece - and they might conclude that the price will further go down and there is that possibility that it can be worth nothing in the end. This is the reason why many do not buy when the price is dipping all because they are afraid that the price can further go down. Of course, with people like us who are already exposed a lot to cryptocurrency, certainly a big dip is an opportunity to buy more and just HODL for a long time. Human nature is all about fear and greed.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Uruhara on January 28, 2024, 09:46:52 AM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
I honestly didn't know what to think when that happened. Because maybe I'll run out of capital by then. Because I'm sure I will be tempted to continue accumulating every time BTC corrects.

Like buy at 30k
buy at 25k
buy at 20k
buy at 19k
and so on so if btc continues to fall to 5k then I think there is a strong reason for the price to fall that far. And it could be a big discovery that even reveals the weak side of BTC. Because without that reason I think it's difficult for BTC to even drop to 10k. Because institutions even have a lot of btc now. So if that happens maybe all the institutions and big holders will have released their holdings. :'(
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Don Pedro Dinero on January 28, 2024, 10:06:01 AM: Quote from: MrSpasybo on January 27, 2024, 08:51:35 PM
You know, we shouldn't worry about things that are unlikely to happen, or will happen with an extremely small probability.

That's what I do, I don't worry about things that are so unlikely to happen. But in the event it did happen I think the OP would be the first not only not to not buy but to sell all his bitcoin holdings out of panic.

You have to think that a lot of people say the same thing if the price drops to higher levels: 'if it drops to $15,000 I would buy all the bitcoin I could' for example. So if the price fell that low it is because many people would have sold at 25, 20, 15, 10, 8 and also many others who would not have bought at those levels when they said they would. So if the price went to $5,000 I think the situation would be such a panic that most of the people who are now saying things like the OP would be so scarep that they would act the other way around.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: koang on January 28, 2024, 05:05:51 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????

It's hard for BTC to return to 5k again.
But if it does happen, I was panicking that BTC will start going up again before my next paycheck :) but It makes me feel alive.

It's essential to remember that predicting market movements with absolute certainty is a challenge, even for astute analysts.
And we must also acknowledge the unpredictable nature of the market, where factors beyond our control can influence outcomes.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Thyplaymaker on January 28, 2024, 06:16:47 PM: Lol quite funny just keep waiting for bitcoin to fall to the price of $5k. May be when bitcoin would be in the price range of $500k and more that's when you know.
But if that actually happened (which it won't) alot of investors who take as an opportunity to buy the dip and to accumulate more BTC but though alot of people enotion would be put to test. But still you are not trading you holding so no matter the dip ones the coin bounce back yah funds gonna bounce back with it. Without experiencing any form of liquidation. In such scenero individual that short in trading would be in great profits whiles those who long in trading would endup being liquidated losing all their funds use in trading.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: goaldot on January 28, 2024, 06:56:39 PM: I don't even want it to happen not to talk of how I will feel. It will never happen again. Gone are days when such thing can happen. Bitcoin price going bellow $20k? Even if there is any news concerning bitcoin, I am afraid if the price will be $5k. Do you want to kill some people?
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: bitbit97 on January 28, 2024, 08:06:03 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????

This is not feeling. These are actions. And I must say that you are pretty much naive. Think about Bitcoin more globally. If something happens, that cause price to fall so deep, why do you think Bitcoin would recover this time. Going down to $5k is like loosing 90% of current value. That is a serious drop. That is very risky to buy. Such drop might cause exit scams, worldwide ban, some critical blockchain error that cantbe solved. If tomorrow I would see $5k I would really feel disappointed a lot.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: TopT3ns on January 28, 2024, 08:47:50 PM: Quote from: bitbit97 on January 28, 2024, 08:06:03 PM
This is not feeling. These are actions. And I must say that you are pretty much naive. Think about Bitcoin more globally. If something happens, that cause price to fall so deep, why do you think Bitcoin would recover this time. Going down to $5k is like loosing 90% of current value. That is a serious drop. That is very risky to buy. Such drop might cause exit scams, worldwide ban, some critical blockchain error that cantbe solved. If tomorrow I would see $5k I would really feel disappointed a lot.
It looks like the price of Bitcoin will not fall to its base price of $5k because that will not be possible, the demand for Bitcoin on exchanges is very high and when it falls it will be hit by several orders opened by whales who want to buy Bitcoin at a cheap price, Bitcoin is also unlikely to collapse because limited supply will make the price of coins very expensive and more and more people will want to buy Bitcoin.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: jonathancool220 on January 29, 2024, 05:25:22 AM: Quote from: MrSpasybo on January 27, 2024, 08:51:35 PM
When BTC drops to $5K, I will wait for a signal to reverse from decrease to increase to return to the market
Of course I also think about continuing to buy Bitcoin because Bitcoin has a value that cannot be disturbed by various banks and financial institutions.
Even though the price has dropped to 5,000 USD, one day the price of Bitcoin will definitely rise again because there are so many interested people, as is the case in this forum who respond to this topic with "buy buy buy".
Apart from the price of Bitcoin going down, and a lot of buying by everyone there will definitely be the drama of lots of altcoins dumping and losing more than 90%, as if they have these altcoins as the second choice after Bitcoin. This will be red on them portofolio wallet.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: bitterguy28 on January 29, 2024, 07:40:19 AM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
Like yours ? if bitcoin drops to 5k again? I will sell all my assets , will sell my House and lot and I will sell even my other investments will be for sale to buy more and more bitcoin , like you said? HODL is what I must do and will always do if the situation comes to that one.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: fruktik on January 29, 2024, 08:40:52 AM: Quote from: Uruhara on January 28, 2024, 09:46:52 AM
And it could be a big discovery that even reveals the weak side of BTC. Because without that reason I think it's difficult for BTC to even drop to 10k. Because institutions even have a lot of btc now. So if that happens maybe all the institutions and big holders will have released their holdings. :'(
You get the impression that you've never seen such a $5,000 Bitcoin price before. Although this is possible if you haven't spent that much time in the crypto direction. I, on the other hand, have been watching the rate rise from the very beginning and I wouldn't be surprised at all.

Some will say that such a thing will lead to a complete collapse, but I don't think so. On the contrary, this is a great opportunity to enter the market at a good price to get a good potential profit in the future. You have to be able to take the positive aspects of everything.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: therozaq on January 29, 2024, 09:42:00 AM: Quote from: bitterguy28 on January 29, 2024, 07:40:19 AM
Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
Like yours ? if bitcoin drops to 5k again? I will sell all my assets , will sell my House and lot and I will sell even my other investments will be for sale to buy more and more bitcoin , like you said? HODL is what I must do and will always do if the situation comes to that one.

hahhaha, it's good answer.
If bitcoin price drop to $ 5K, I will sell all assets and buy bitcoin and hold until anytime
Because I believe bitcoin price will go up again.
But it's just wishful thinking or a OP dream.
Bitcoin will more stable after touch new ATH next year, If drop I think bitcoin will reach around $ 20-30K.
We shouldn't have high expectations bitcoin will drop.
It seems impossible to happen.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Tribalchief on January 29, 2024, 01:43:16 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
I am quite sure that you're aware the likelihood of Bitcoin dropping to $5K is very slim. However, in the aspect of finance, nothing is impossible. Personally, I believe accumulating as much Bitcoin is not up for debate; I would gather as much as I could.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: snowpega on January 29, 2024, 02:02:59 PM: OP Nice question haha... tell me one thing dear which person who don't want to buy at this price it is so sure everybody will fill their bags aggressively and after that they will hold it tightly but for now in my honest opinion market will never allow anyone to buy at this aforementioned price.

On the Other hand at the beginning of this year when Bitcoin was trading at the price of 17k everyone was many of people were waiting for it to go more down and it was their foolishness i think they should buy some there and keep buying from points to points when market was allowing to buy with good prices.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: SamReomo on January 29, 2024, 02:14:41 PM: Quote from: therozaq on January 29, 2024, 09:42:00 AM
We shouldn't have high expectations bitcoin will drop.
It seems impossible to happen.
Yes, after the next ATH Bitcoin will enter another phase of bear market and in that time it may drop in value but it will never drop below $30k even if it reaches just $100k as its next ATH. Many of us expect that it will reach $120k or even more in the bull run and if that happens then I'm quite sure that we will miss the current price of Bitcoin a lot because it will be hard to see it at $40k levels again.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: bitbit97 on January 29, 2024, 02:14:58 PM: Quote from: TopT3ns on January 28, 2024, 08:47:50 PM
Quote from: bitbit97 on January 28, 2024, 08:06:03 PM
This is not feeling. These are actions. And I must say that you are pretty much naive. Think about Bitcoin more globally. If something happens, that cause price to fall so deep, why do you think Bitcoin would recover this time. Going down to $5k is like loosing 90% of current value. That is a serious drop. That is very risky to buy. Such drop might cause exit scams, worldwide ban, some critical blockchain error that cantbe solved. If tomorrow I would see $5k I would really feel disappointed a lot.
It looks like the price of Bitcoin will not fall to its base price of $5k because that will not be possible, the demand for Bitcoin on exchanges is very high and when it falls it will be hit by several orders opened by whales who want to buy Bitcoin at a cheap price, Bitcoin is also unlikely to collapse because limited supply will make the price of coins very expensive and more and more people will want to buy Bitcoin.

I think OP is either young or to much naive. He thinks he is the only one smart who is planning to buy low and hold. At first, I think we wont going to see such low price anymore. On the other hand, If he is telling so basic things, then he wont have guts to hold till the price goes really high. As soon as he will see his $5k turns into $7k or $10k, he would be happy enough with such price double and would immediately sell. People only in the internet are so brave and say they will hold for years. In reality, by the time they see 10-30% profit, they rush to sell.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: KryptoBull on January 29, 2024, 02:35:36 PM: Quote from: bitbit97 on January 29, 2024, 02:14:58 PM
I think OP is either young or to much naive. He thinks he is the only one smart who is planning to buy low and hold. At first, I think we wont going to see such low price anymore. On the other hand, If he is telling so basic things, then he wont have guts to hold till the price goes really high. As soon as he will see his $5k turns into $7k or $10k, he would be happy enough with such price double and would immediately sell. People only in the internet are so brave and say they will hold for years. In reality, by the time they see 10-30% profit, they rush to sell.
It seems like we will not easily see BTC return to 5K USD tomorrow morning after a loooong sleep, even the flash dump of 2020 was not that devastating 8)

Many buy-limit orders in the 40k-30k-20k-15k range are waiting for BTC to return to collect more for the new cycle. However, if BTC really goes to 5k USD, I will probably buy a little more BTC even though I have DCA BTC since 2022. Think of it positively as a big sale in this potential market: while BlackRock and ArkInvest aren't scared, I'm optimistic too ;D
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Altcoin1998$ on January 29, 2024, 02:42:41 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
If the coin goes back to $5000 then I have no choice but to hold long term. Because I invested 48 thousand dollars and I can't sell my investment until my investment goes above 48 thousand dollars. But if Bitcoin ever goes below five thousand dollars I will sell my motorbike and invest in Bitcoin. Although it is unlikely to drop below five thousand dollars, I will invest if it ever drops.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: DabsPoorVersion on January 29, 2024, 03:20:56 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
How about yours????
I am considering buying more Bitcoin if ever the time comes while the price is low. It is a good buying opportunity for everyone that most probably takes advantage of a lot of crypto enthusiasts. However, I can also see that others may be hesitant to invest due to negative comments and fear that may come when this happens, especially when the value decreases many FUD will surely occur. Despite this, I believe in the potential of Bitcoin and am willing to take the opportunity to hold more.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: bitbit97 on January 29, 2024, 04:03:27 PM: Quote from: KryptoBull on January 29, 2024, 02:35:36 PM
Quote from: bitbit97 on January 29, 2024, 02:14:58 PM
I think OP is either young or to much naive. He thinks he is the only one smart who is planning to buy low and hold. At first, I think we wont going to see such low price anymore. On the other hand, If he is telling so basic things, then he wont have guts to hold till the price goes really high. As soon as he will see his $5k turns into $7k or $10k, he would be happy enough with such price double and would immediately sell. People only in the internet are so brave and say they will hold for years. In reality, by the time they see 10-30% profit, they rush to sell.
It seems like we will not easily see BTC return to 5K USD tomorrow morning after a loooong sleep, even the flash dump of 2020 was not that devastating 8)

In every topic like this, I am always amazed why so many people want price to go down (to buy low) and then expect a huge growth (to sell high). All such price changes (huge drop and huge grow) arent healthy for economy. And I alway wander, if they wait for price to go up so high, why they never want to buy now? Why they always want to wait, lose time. Buying at 42k and selling at 150k is also a good profit. While they wait price to drop, others earn.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: 0t3p0t on January 29, 2024, 04:31:17 PM: Well yeah everything is possible depending on the situation but if the price of Bitcoin will fall like $5k I think that would be our chance to be one of the future millionaires or even billionaires if things goes right. This might also make us having an iron hand since we are left no choice but hodl. Lucky for those late comers who has the guts to buy at that time. I know most of us during that time has this feeling of FUD because of the plummet that ended up with that price range.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Gurujebs on January 29, 2024, 04:59:09 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????

Technically, this is a disaster and I don't pray it happens.
Some institutional investors are having Bitcoin as collateral from the Loan they borrowed, they took other assets like USDT as loan and keep bitcoin. These USTD they carry is used for other business and the Bitcoin is over collateralized, but if bitcoin price fall below some price, they will be force liquidated and they will lose their money. We have many billions of bitcoin that are you waiting as collateral.

Institutional investors has invested heavily on bitcoin, it will be a suicide for them if bitcoin play this April fool on them. We may have more wallet that will accumulate bitcoin at lower price but the reputation will be half naked because people will not see it as a reliable investment but a place of manipulation and I think we need panic more than like the Corona virus FUD to bring bitcoin to these levels. It's technically impossible for we to see that right now.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: koang on January 29, 2024, 07:03:53 PM: Quote from: bitbit97 on January 29, 2024, 02:14:58 PM

People only in the internet are so brave and say they will hold for years. In reality, by the time they see 10-30% profit, they rush to sell.

This is because 99% of people who buy Bitcoin don't buy it because they believe in it, they buy it in the hope of selling it higher and being rich in fiat, not in BTC. So they are impatient.

HODLing is like riding a rollercoaster with cryptocurrency, and it's hard when we are emotionally invested.
But when we know where we are heading, holding is much easier.
Investment BTC for the long term, and keep it straight. It's called discipline.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Aanuoluwatofunmi on January 29, 2024, 07:36:58 PM: There are some things we just don't play with, to me a see this as an assumption which has no meaning for anything saying that bitcoin could go to $5k, what are the conditions that may warrants this to happen, we have to work by what is possible a d how it could turn a reality by the virtue of the way things are, also if the worse should happen that it comes that low, it will never turn zero like some altcoins do.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Jaycoinz on January 29, 2024, 07:46:03 PM: That's exactly what everyone who have come to know the value of this price drop would wish for.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Richbased on January 29, 2024, 09:27:24 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????

I don't see any reason or whatsoever that will cause the price of Bitcoin to fall to as low as $5k but if peradventure the price of Bitcoin drops to $5k dollars, infact there would be massive buying and holdling because a lot of people are already regretting why they didn't buy Bitcoin when the price was very much affordable then so if such opportunity comes again then there would even be so much congestion and traffic in the mempool because everyone would want to acquire Bitcoin in their portfolios
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: elbans89 on January 29, 2024, 09:54:34 PM: Quote from: Richbased on January 29, 2024, 09:27:24 PM

I don't see any reason or whatsoever that will cause the price of Bitcoin to fall to as low as $5k but if peradventure the price of Bitcoin drops to $5k dollars, infact there would be massive buying and holdling because a lot of people are already regretting why they didn't buy Bitcoin when the price was very much affordable then so if such opportunity comes again then there would even be so much congestion and traffic in the mempool because everyone would want to acquire Bitcoin in their portfolios

You're right, there is no reason why bitcoin will drop until $ 5K.
I ask several my friend who more long known bitcoin about this opportunity, they said no. It's impossible to happen for the next several years.
But If it happens, the will buy more and hold bitcoin until bitcoin will increase again.
Maybe for 2-3 years again.
I think I agree with this advice.
always buy bitcoin when dip and hold it.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Dzwaafu11 on January 29, 2024, 11:20:21 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????

It’s funny how I see these threads before viewing them; however, you have already said what I intend to say even if I view the thread. However, if bitcoin gets back $5k, I’ll continue buying; I won’t stop, and that time will serve as an opportunity for me to accumulate more bitcoin since, as an investor, I believe bitcoin will still remain there and it will surely go back to its normal price or even go higher than what we expect, so I will wait till I get a huge profit from it for a long period of time.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Power420 on January 29, 2024, 11:33:54 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????

LoL , It will never be possible.The highest down I have seen was in 2022, Bitcoin price came to say 15500 but was not very stable at that place. From there the price of Bitcoin went up to 48K today in 2024, you can see for yourself how much the price of Bitcoin has improved in just one year. I don't think the price of Bitcoin is supposed to drop so drastically. Bitcoin is most likely to happen in its world at the present time because 2024 is the halving.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Mr.suevie on January 29, 2024, 11:36:12 PM: vs2014 the question you asked seem to be very impossible, and I recommend you ask questions which seems a bit realistic. Bitcoin with all the height it has attained and the codes used in programming, it will be very difficult for it to return back to that amount. But if such happens, the entire crypto market will be a victim of this shock because, more than half of the coin in the crypto network increases when Bitcoin pumps and dumps when Bitcoin dumps, so if such happens the entire market will experience a bearish movement and the trust it has built will reduce to a very minimal level. But such situations are only opportunity to buy more and wait for the price to pump again.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: bitbit97 on January 30, 2024, 09:57:11 AM: Quote from: koang on January 29, 2024, 07:03:53 PM
Quote from: bitbit97 on January 29, 2024, 02:14:58 PM

People only in the internet are so brave and say they will hold for years. In reality, by the time they see 10-30% profit, they rush to sell.

This is because 99% of people who buy Bitcoin don't buy it because they believe in it, they buy it in the hope of selling it higher and being rich in fiat, not in BTC. So they are impatient.

HODLing is like riding a rollercoaster with cryptocurrency, and it's hard when we are emotionally invested.
But when we know where we are heading, holding is much easier.
Investment BTC for the long term, and keep it straight. It's called discipline.

A lot of people have primitive thinking. They live with past. They want price to go down, because they know it always grow back. They always want to return to past, to because they know in future (nowadays) it will be a success. I have different approach. I want to go to future, and compare it with now. What if it better to buy now, because in few years it will be $1kk. And waiting price to drop to $5k is a waste of a chance.

Speaking about how I will feel if price drop so low? I would feel disappointed. With such drops, mass adoption isnt possible, it will always be «someday».
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: NikeFit_7777 on January 30, 2024, 01:54:20 PM: Yes, you want to buy as many bitcoins as possible. I understand perfectly. Who stopped us from doing at a price of $16,000 for 1 btc? Right now, the price is over $40,000 - that would be a colossal return.

Don't worry, there will be plenty of opportunities to make money in the market. Analyze - and maybe someday you will find an analog. Who thinks we'll see a price of 50 thousand dollars for 1 bitcoin before the end of the year? It's too early to say, about 5k.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: MVL~$ on January 30, 2024, 03:25:11 PM: It makes me laugh to hear that Bitcoin will drop to $5,000. I think you are starting to live in a fantasy world. You should come back to reality. Where from 2009 to 2024 the value of Bitcoin has increased impossibly and you think it will return to $5000? This is really strange. Everyone has an opinion on the value of Bitcoin and everyone is optimistic that it will go to $10,000 or more very soon where you expect it to be worth $5,000. Thinking like that, I think, you don't have proper knowledge about Bitcoin. If you had proper knowledge you would not have said such things.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Jamal Aezaz on January 30, 2024, 04:23:37 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
$5k is really unrealistic mark to drop at this point. i don't think bitcoin will ever fall back to $5k anymore. those times long gone. maximum it can drop is $20k. which is is also very unlikely.
But as you asked. lets assume if it does Reach to $5k then what would I do.
I would obviously convert all my other assets to Bitcoin. and try my best to earn more Bitcoins from anywhere I can. and then wait for it to come back to $50k or $100k. and then sell my coins. LOL that sounds like a funny dream.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: bitbit97 on January 30, 2024, 04:31:31 PM: Quote from: MVL~$ on January 30, 2024, 03:25:11 PM
It makes me laugh to hear that Bitcoin will drop to $5,000. I think you are starting to live in a fantasy world. You should come back to reality. Where from 2009 to 2024 the value of Bitcoin has increased impossibly and you think it will return to $5000? This is really strange. Everyone has an opinion on the value of Bitcoin and everyone is optimistic that it will go to $10,000 or more very soon where you expect it to be worth $5,000. Thinking like that, I think, you don't have proper knowledge about Bitcoin. If you had proper knowledge you would not have said such things.

When Bitcoin price gained 19k in 2018, no one believed the priced would go down to 3,5k. But with current price, indeed it is unreal for the price to drop that low. Imho it can happen or it will mean only if it would be the end of Bitcoin. Such drop definitely gonna shake faith in crypto.

Also I think that a lot of business processes are now connected with Bitcoins high price. Funds, business wont allow for price to fall so low. It is us, who are familiar with crypto, now that price always recovers. Other investors, who just give money to brokers and wait for profit, when they find out price is falling, it is going to be collapse for them. That is why Bitcoin will be saved from such drop.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: SamReomo on January 30, 2024, 04:35:57 PM: Quote from: Jaycoinz on January 29, 2024, 07:46:03 PM
That's exactly what everyone who have come to know the value of this price drop would wish for.
No man, I would never wish for that to happen because if that happens then the whole crypto market will face a huge crash and all of the coins will lose their value.

It'll be a horrible thing and it will take years for the recovery of the market. I also think that most investors will give up on crypto-currencies altogether and the CBDC's will enter the market.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Crwth on January 30, 2024, 04:41:08 PM: I think I would have the same feeling when it happened during the pandemic. "I should've taken advantage of the price going down" and then selling up. It's just that feeling you know but of course, buy and buy more of it would be nice at a discounted rate.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: krishnaverma on January 30, 2024, 06:20:49 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????

It is easy to just imagine a good entry point and expect own self to invest as much as possible at low prices if available in future. But in reality when the prices go down so much all of sudden, even the big investors will get scared to invest in Bitcoin. There will be fear in mind that what if Bitcoin collapses completely. I know this is not going to happen but if prices go from 40000 to 5000 in short time, that fear of complete collapse will come in every mind. At that point, you will not be in position to think about increasing your Bitcoin holding. You may even be ready to get rid of all Bitcoin and crypto you have even in big loss.

Personally I feel that Bitcoin will not go below to $30000 price level ever. Now Bitcoin ETFs are approved and there will be some stability in the price of Bitcoin.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Rubel007 on January 30, 2024, 07:08:29 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
It is normal for Bitcoin holders to be emotional at times and think like this. The price of Bitcoin was not very high even in 2017. If there was an idea about Bitcoin, maybe ordinary investors like us would have tried to buy at least a Bitcoin. But we cannot assume that that chance will be in reality again. Rather, over the time, investment is increasing and the number of investors are also increasing, which is why the demand is also increasing, so how can we expect Bitcoin to reach that $5000 again? As there is no use in such imaginary thinking. So if we follow DCA and collect bitcoins and try to hold it for long term then we can definitely increase our bitcoin portfolio.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Rikafip on January 30, 2024, 07:14:35 PM: Quote from: krishnaverma on January 30, 2024, 06:20:49 PM
Personally I feel that Bitcoin will not go below to $30000 price level ever. Now Bitcoin ETFs are approved and there will be some stability in the price of Bitcoin.
Regardless of ETFs its still very possible for bitcoin to go below 30k as we are not so much away from that now. I remember during last bull run when bitcoin was over 60k people were saying that we won't see it below 40k ever again, and we all know how that ended up.

Regarding OP's question, I think that many of those who claim they woulld be buying bitcoin as if there's no tomorrow if price goes back to 5k but in reality vast majorify of them would be scared shitless and would think that bitcoin is dying.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Fivestar4everMVP on January 30, 2024, 09:26:11 PM: I have nothing much to say here, and this is because it is expressly not possible for bitcoin to dump back to $5000, this is not possible even if binance (the largest cryptocurrency exchange in the world) shuts down, it's still not possible for bitcoin to dump back to as low as $5000, this is because I personally believe that bitcoin have grown past the level it should experience such a significant loss in price.

If bitcoin ever dump to this amount, it simply means that bitcoin is possibly dead, which also means that all the big institutions and cooperations that invested big in bitcoin have all sold and left, the chance of bitcoin ever recovering again after dumping to such a ridiculous price is very slim, if not impossible.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Uruhara on January 31, 2024, 11:08:43 AM: Quote from: goaldot on January 28, 2024, 06:56:39 PM
I don't even want it to happen not to talk of how I will feel. It will never happen again. Gone are days when such thing can happen. Bitcoin price going bellow $20k? Even if there is any news concerning bitcoin, I am afraid if the price will be $5k. Do you want to kill some people?
Well everyone who has held btc definitely does not want this to happen. Because this will only destroy all Hodler. But logically it's hard to happen. Because we can see the Marketcap of the bitcoin market is very high. To make BTC go down to 5k would require all whales dumping their btc and all institutions dumping their btc and other large holders doing the same and leaving only small holders who don't know that btc is going down. :D
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Litzki1990 on February 01, 2024, 04:02:52 AM: No matter how volatile the market is, the Bitcoin market has never gone down like this. Yes the Bitcoin market has come from highs to lows at one time but it has been dumping the market periodically over a period of time rather than suddenly. I will not say that the market will not dump like before from the current state of the market, but even if dumping is done, it will be within the rules and at this time we will definitely be in buying and selling. What if you say that those who invested with the intention of holding the investment for a long time? What will happen to them, if the price goes down, they will invest more at that time, so the amount of loss in their previous investment will be reduced a lot. Those who are real investors think about these things and then decide to invest.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Wiseman on February 01, 2024, 07:39:41 AM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
You are partly right, now is the best time to invest in cryptocurrency, I also bought some different coins now and I think the same as you, it is strange of course that now anyone sells before the market crash, but not everyone understands this and there are many newcomers who do not want to understand or someone who does not want to wait and just trades one day.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: 0t3p0t on February 01, 2024, 07:44:21 AM: Quote from: Wiseman on February 01, 2024, 07:39:41 AM
Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
You are partly right, now is the best time to invest in cryptocurrency, I also bought some different coins now and I think the same as you, it is strange of course that now anyone sells before the market crash, but not everyone understands this and there are many newcomers who do not want to understand or someone who does not want to wait and just trades one day.
The problem with these FUD people is that they always be having regrets when something good will happen with Bitcoin especially when it's price goes back up and make a record of new ATH. It keeps on repeating until they realized they missed something from that 5k price range and that is acquiring Bitcoin.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Gladitorcomeback on February 01, 2024, 10:01:59 AM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????

If I see bitcoin in that time I will never miss this opportunity I will take it immediately but where will I get this opportunity because when bitcoin was in 16k at that time I was thinking that its soon will down to 12k then I will take it so much that I can't even think because I wanted to keep it whole but now I didn't even get that chance so.

I will never see in my life the price of bitcoin in 5k because now it's not going to come down now it's will definitely going to cross 100k if it crosses 100k then it's going to go a lot further and we've lost that advantage and we're just regretting it. But since we will never get this opportunity now, we must now buy in 40k then so hold amd wait.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Cantsay on February 01, 2024, 12:04:56 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????

Somehow I find myself thinking about those that bought when the price was $50k what are they going to do?

If the price of Bitcointalk should reduce to that amount you’d see fud being spread all over the internet that bitcoin is now a scam because you won’t expect those that bought at a high price to just sit at one corner and clap hands while others keep stacking their stash. They’ll look for a way to drive people away or perhaps may be convinced that bitcoin is the next Luna and that it won’t go back up again.

I’m not praying for it to happen but if it does happen I’ll simply buy as much as I can afford – I won’t do more than my power can handle.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Cryptsafe on February 01, 2024, 01:31:47 PM: Quote from: Charles-Tim on January 27, 2024, 10:21:04 PM
I will slap myself so that I can wake up very fast from my dream. Such dream will only be a nightmare and it would be what might crash bitcoin to zero before I will realize that I am dreaming.

The point is that bitcoin is not going below $20000 ever again, not to talk of returning to $5000. Bitcoin is not those altcoins like Lunc or those altcoins that can go up 20x and fall 20x.

Such dream can only be a bad nightmare because even the market trend would never agree to the market manipulators if they decide to do that. I never envisage Bitcoin to go anything below $20000 as it has already built a strong base for itself but if it eventually drops below that price heavens favour for us to accumulate more because the bounce back would definitely be overwhelming and a good one for every Bitcoin enthusiast.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Strongkored on February 01, 2024, 02:36:53 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
There will be two opinions when seeing the price of Bitcoin fall to $5K, those who are optimistic and have been in Bitcoin for a long time will see this as an opportunity to increase the amount of Bitcoin they own, while those who are pessimistic even though they have both been in Bitcoin for a long time will be doubtful and afraid so they won't buy it but if still have it will sell it because they are afraid that something bad will happen and they will lose a lot of money.
I will buy it but still with money that I can afford to lose because something bad might happen so when it happens it won't be a big loss but if it doesn't happen at least I have increased the amount of my Bitcoin to get a profit when it goes up, I mean, as investors, we have to make decisions wisely, not just because we only think about profit, but also think about other things that must also be considered.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: robelneo on February 01, 2024, 04:04:50 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????

I'll do the same I'll even mortgage my house just to buy more, my biggest regret was not buying when the price crashed to $5k at the height of the pandemic because there were a lot of uncertainties at that time, but if it happens again unless the blockchain was hacked that is why the price is crashing, I will buy more and accumulate as much as I can, then I will have to wait for a few years to get the price back when the market becomes bullish.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Stompix on February 01, 2024, 04:08:46 PM: Quote from: 0t3p0t on February 01, 2024, 07:44:21 AM
The problem with these FUD people

The problem with FUD is that everyone screams FUD when there is something happening that they don't like
- the were guys screaming FUD and kept on buying cheap coins on MtGox saying that it's all FUD
- there were guys creaming that LUNA crashing is FUD , buy cheap coins, etc
- there were guys screaming FUD when China banned mining, the hashrate dropped 50% , every single graph was saying that buy they kept screaming FUD
- the same guys that scream FUD all lick CZ boots and say no problem, Binance is not in trouble while CZ itself is banned from leaving the country, and he again scream it's all FUD

Honestly I'm so tired of everyone labeling everything as FUD that I'm starting to believe there 99% chances that he has no clue what FUD even means.
So, what the FUD in discussing a possibility?
Look, I'm pretty sure there is a chance for Bitcoin to go there too, the possibility always exit, not having a plan for when something hits you like this while being a complete zealot believing that nothing bad can happen while you hold to your coins with dear life is just..lame

Quote from: robelneo on February 01, 2024, 04:04:50 PM
I'll do the same I'll even mortgage my house just to buy more, my biggest regret was not buying when the price crashed to $5k at the height of the pandemic because there were a lot of uncertainties at that time, but if it happens again unless the blockchain was hacked that is why the price is crashing, I will buy more and accumulate as much as I can, then I will have to wait for a few years to get the price back when the market becomes bullish.

Why didn't you mortgage your house when it was at 15k? You had your lesson learned, and you could have made 3x in a month.
So...why?
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: LUCKMCFLY on February 01, 2024, 05:02:54 PM: The chances of Bitcoin falling to $5k, if they are possible, of course they are, who says no? It is one of the possibilities and things that can happen, because here in the bitcoin market anything can happen, so it is a possibility, but what I really believe is that it will not happen, because there are many investors, there are many things that happen I believe that it is not viable for many that bitcoin falls at that price, the large institutions, the investors will not allow for now that such a crash occurs unless they sell in desperation, but it is not a viable option, as I said Before, investors are not so stupid as to say that they are going to sell at a loss, it is not their style.

If the price of Bitcoin falls, it is obvious that many vain people will want to buy that skinny chicken price, they will see it as a great opportunity, something like this happened in 2018-2019 when it fell almost to $2k, people were very scared, and many They took advantage of buy.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Aanuoluwatofunmi on February 01, 2024, 05:32:06 PM: Quote from: Cryptsafe on February 01, 2024, 01:31:47 PM
Quote from: Charles-Tim on January 27, 2024, 10:21:04 PM
I will slap myself so that I can wake up very fast from my dream. Such dream will only be a nightmare and it would be what might crash bitcoin to zero before I will realize that I am dreaming.

The point is that bitcoin is not going below $20000 ever again, not to talk of returning to $5000. Bitcoin is not those altcoins like Lunc or those altcoins that can go up 20x and fall 20x.

Such dream can only be a bad nightmare because even the market trend would never agree to the market manipulators if they decide to do that. I never envisage Bitcoin to go anything below $20000 as it has already built a strong base for itself but if it eventually drops below that price heavens favour for us to accumulate more because the bounce back would definitely be overwhelming and a good one for every Bitcoin enthusiast.

Same thi I've also sensed about bitcoin that at this time, we are more likely not to have any dip below $20,000 the presumption am having is to seing the market at least at the range of $30,000 and if there would be any bear, this will be the limit to how far it could go dip before the halving, hence everything should remain under the limit of $40,000 and raise a strong resistant over the bear market to seing it maintaining this limit.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Asiska02 on February 01, 2024, 05:33:01 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????

The title of your post should be the actual content of the post. Like seriously, this will be the most surprising and strangest thing that would happen in this space. I don’t see any force that can penetrate the market now and make bitcoin go that low again after rising to the level it is now. Can we just stop assuming all this, because it is not even something realistic and not even in our wildest dream we can ever think of it happening. Bitcoin already crossed that level and it is never going back there with or without retracement.

Quote from: SamReomo on January 27, 2024, 07:56:29 PM
Man, this thread is the strangest thread I have ever read, it seems the whole thread is completed in the question or title of the thread. However, if Bitcoin somehow dumps back to $5k level then I'll also try to buy and hold as much of it as my financial conditions allows me.

This is not even about one’s financial conditions but bitcoin dumping so low like that will bring fear into the market and not many people will want to buy that much and those that will even buy will be very sceptical. In events like this, people will begin to feel bitcoin has lost its value and can never rise back after falling so dip like this. For some; core bitcoin enthusiasts, they will find a cogent reason to invest as much as they can again while others will have a reason not to invest or maybe invest a little and assume it to be money they’re willing to lose even though it never rises again.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Cryptsafe on February 01, 2024, 06:00:04 PM: Quote from: Aanuoluwatofunmi on February 01, 2024, 05:32:06 PM
Quote from: Cryptsafe on February 01, 2024, 01:31:47 PM
Quote from: Charles-Tim on January 27, 2024, 10:21:04 PM
I will slap myself so that I can wake up very fast from my dream. Such dream will only be a nightmare and it would be what might crash bitcoin to zero before I will realize that I am dreaming.

The point is that bitcoin is not going below $20000 ever again, not to talk of returning to $5000. Bitcoin is not those altcoins like Lunc or those altcoins that can go up 20x and fall 20x.

Such dream can only be a bad nightmare because even the market trend would never agree to the market manipulators if they decide to do that. I never envisage Bitcoin to go anything below $20000 as it has already built a strong base for itself but if it eventually drops below that price heavens favour for us to accumulate more because the bounce back would definitely be overwhelming and a good one for every Bitcoin enthusiast.

Same thi I've also sensed about bitcoin that at this time, we are more likely not to have any dip below $20,000 the presumption am having is to seing the market at least at the range of $30,000 and if there would be any bear, this will be the limit to how far it could go dip before the halving, hence everything should remain under the limit of $40,000 and raise a strong resistant over the bear market to seing it maintaining this limit.
I presume it not to go below $20000 anytime soonest or later in the future because Bitcoin have long passed that benchmark and already built a resistance at the price when it dips or in a bear market to say. This price limit is what I foresee it it eventually takes a retracement and possibly maintaining a strong resistant at that price.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: tjtonmoy on February 01, 2024, 06:05:03 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
This is not a new thing, only the price you have provided here is different. Whether the price becomes $1 or $5000, those who believe in BTC will keep on hodling and buy more so that they can make more profits out of their investment. But most people will sell that's for sure only if they have bought at a higher price.

This is not a question that needs to be asked. We have made the journey from $69k to $15k and yet BTC stands on the top. If you know the history enough, then asking question like this holds no value.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: doc on February 02, 2024, 12:48:07 AM: Quote from: Cryptsafe on February 01, 2024, 06:00:04 PM

I presume it not to go below $20000 anytime soonest or later in the future because Bitcoin have long passed that benchmark and already built a resistance at the price when it dips or in a bear market to say. This price limit is what I foresee it it eventually takes a retracement and possibly maintaining a strong resistant at that price.

I agree , I don't think bitcoin will go to below $ 20K soonest or later. For now bitcoin will go up day by day until bullish, although we will see dump but not below 20K.
Anyone will keep their BTC to sell , try to calm when drop.
So, 5K is impossible to happens at this year or next year. But It might happen at bearish season .
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Mrbluntzy on February 02, 2024, 12:49:50 AM: $5k is a huge amount of money in my country but if the price of Bitcoin return to $5k, I will take a $20k loan and buy about 4 Bitcoin then hold it. While I am holding that coin, I will also get a job that I will be doing which can generate some income for me and I can use it to repay my loan gradually while still waiting for the price of those Bitcoin to skyrocket again. It will be a great opportunity of it can happen and I will be happy to have buy 4 Bitcoin.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: SatoshiNakamoto on February 02, 2024, 02:52:59 AM: Quote from: doc on February 02, 2024, 12:48:07 AM
Quote from: Cryptsafe on February 01, 2024, 06:00:04 PM

I presume it not to go below $20000 anytime soonest or later in the future because Bitcoin have long passed that benchmark and already built a resistance at the price when it dips or in a bear market to say. This price limit is what I foresee it it eventually takes a retracement and possibly maintaining a strong resistant at that price.

Although BTC may experience short-term fluctuations, the long-term bullish trend appears to be intact. A drop below $20k is possible in a future bearish period, but currently seems unlikely.

I agree , I don't think bitcoin will go to below $ 20K soonest or later. For now bitcoin will go up day by day until bullish, although we will see dump but not below 20K.
Anyone will keep their BTC to sell , try to calm when drop.
So, 5K is impossible to happens at this year or next year. But It might happen at bearish season .
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: legend45 on February 02, 2024, 03:23:11 AM: Quote from: Mrbluntzy on February 02, 2024, 12:49:50 AM
$5k is a huge amount of money in my country but if the price of Bitcoin return to $5k, I will take a $20k loan and buy about 4 Bitcoin then hold it. While I am holding that coin, I will also get a job that I will be doing which can generate some income for me and I can use it to repay my loan gradually while still waiting for the price of those Bitcoin to skyrocket again. It will be a great opportunity of it can happen and I will be happy to have buy 4 Bitcoin.

If you have real job to repay your deb, think it . 20K USD is high, how much we must pay installments of our debt.
It's so high mate.You can buy bitcoin with cold money, whatever it is.
I don't believe bitcoin will down until $5K, So I don't want imagine it
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Altcoin1998$ on February 02, 2024, 03:37:32 AM: Quote from: legend45 on February 02, 2024, 03:23:11 AM
Quote from: Mrbluntzy on February 02, 2024, 12:49:50 AM
$5k is a huge amount of money in my country but if the price of Bitcoin return to $5k, I will take a $20k loan and buy about 4 Bitcoin then hold it. While I am holding that coin, I will also get a job that I will be doing which can generate some income for me and I can use it to repay my loan gradually while still waiting for the price of those Bitcoin to skyrocket again. It will be a great opportunity of it can happen and I will be happy to have buy 4 Bitcoin.

If you have real job to repay your deb, think it . 20K USD is high, how much we must pay installments of our debt.
It's so high mate.You can buy bitcoin with cold money, whatever it is.
I don't believe bitcoin will down until $5K, So I don't want imagine it
It is normal for the Bitcoin market to dump but it seems unusual for the Bitcoin market to hit $5,000. If Bitcoin goes to $5000 then Bitcoin will go to $1000. There is no possibility that Bitcoin will fall below 30 thousand dollars this year, but if there is a bloody chapter like in 2022, then it does not seem unusual that Bitcoin may go below 20 thousand dollars. I believe that anything unexpected can happen in the crypto currency market at any time, but even if Bitcoin falls during the bloody chapter, it is not likely to fall so much by 2022.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Wiseman on February 02, 2024, 06:40:12 AM: Quote from: 0t3p0t on February 01, 2024, 07:44:21 AM
Quote from: Wiseman on February 01, 2024, 07:39:41 AM
Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
You are partly right, now is the best time to invest in cryptocurrency, I also bought some different coins now and I think the same as you, it is strange of course that now anyone sells before the market crash, but not everyone understands this and there are many newcomers who do not want to understand or someone who does not want to wait and just trades one day.
The problem with these FUD people is that they always be having regrets when something good will happen with Bitcoin especially when it's price goes back up and make a record of new ATH. It keeps on repeating until they realized they missed something from that 5k price range and that is acquiring Bitcoin.
It will always be like this and when someone is afraid to get more profit others get it at their expense, we will not be equal to them and it is better to buy now and wait for others to start buying and bring us profit.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: CryptoLaila on February 02, 2024, 08:38:31 AM: It will take a long downfall in economy to make BTC drop to that amount, probably the end of the world or we found ourselves in an illusive world ;D,but seriously Bitcoin isn't going down that much ever again.
Besides, if that occurs then the whole crypto alts should be at zero :D
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: CryptoLaila on February 02, 2024, 08:44:08 AM: It will take a long downfall in economy to make BTC drop to that amount, probably the end of the world or we found ourselves in an illusive world ;D,but seriously Bitcoin isn't going down that much ever again.
Besides, if that occurs then the whole crypto alts should be at zero :D
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: JISAN on February 02, 2024, 10:55:44 AM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
What a crazy question. where Bitcoin hit $68k and dropped back to $15k has rebounded to $42k so the dream of Bitcoin ever falling to $5k will always remain a dream. So such a question does not fall into any logic If that ever happens, what will happen is that many will buy and hold Bitcoin and many will lose faith in Bitcoin. I never thought Bitcoin price would ever be like this. Because most of the supply of Bitcoin has already been mined. So since Bitcoin is not mined much now. So there is no chance of reducing its price so much
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Cryptsafe on February 02, 2024, 03:37:19 PM: Quote from: doc on February 02, 2024, 12:48:07 AM
Quote from: Cryptsafe on February 01, 2024, 06:00:04 PM

I presume it not to go below $20000 anytime soonest or later in the future because Bitcoin have long passed that benchmark and already built a resistance at the price when it dips or in a bear market to say. This price limit is what I foresee it it eventually takes a retracement and possibly maintaining a strong resistant at that price.

I agree , I don't think bitcoin will go to below $ 20K soonest or later. For now bitcoin will go up day by day until bullish, although we will see dump but not below 20K.
Anyone will keep their BTC to sell , try to calm when drop.
So, 5K is impossible to happens at this year or next year. But It might happen at bearish season .

Bitcoin built a strong base for itself with strong utility value and as such, the possibility of it going below $20000 is near impossible as it has tested such amount severally in the past. However, if it happens that it goes below that price then their is a strong market manipulation which warrants that price actions and as a smart investor, that would be a good time to bag more Bitcoin and hodle for a long time.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: JoyMarsha on February 03, 2024, 11:51:31 PM: It is quite unlikely that bitcoin will ever reach $5,000 in value. Since everyone's attention is focused on what the upcoming bitcoin halving holds for us, no one is even considering such a thing right now($5k). Because the focus is a price more than $100,000 may be seen after months of the halving season.

I am 100% certain that we are not going to see a $5k price again. So you better get rid of this kind of fantasy of bitcoin hitting $5k and adopt an optimistic outlook on the price of bitcoin.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: IvugeoEvolutionCoin on February 04, 2024, 01:20:09 AM: Quote from: JoyMarsha on February 03, 2024, 11:51:31 PM
It is quite unlikely that bitcoin will ever reach $5,000 in value. Since everyone's attention is focused on what the upcoming bitcoin halving holds for us, no one is even considering such a thing right now($5k). Because the focus is a price more than $100,000 may be seen after months of the halving season.

I am 100% certain that we are not going to see a $5k price again. So you better get rid of this kind of fantasy of bitcoin hitting $5k and adopt an optimistic outlook on the price of bitcoin.
The price of Bitcoin will not possibly fall to $5k because many people are blocking it at a low price and they all have a lot of money, meaning Bitcoin supporters will not let Bitcoin collapse at a very cheap price like that. Bitcoin will still have a high price because of the support of many rich people getting into Bitcoin. The very limited supply of Bitcoin is also an important influence on Bitcoin price movements. It is impossible for the price of Bitcoin to reach $5k, but the circulating supply of Bitcoin is getting thinner, and it is becoming increasingly difficult to get Bitcoin.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: dekafee79 on February 04, 2024, 10:14:57 AM: Quote from: IvugeoEvolutionCoin on February 04, 2024, 01:20:09 AM

The price of Bitcoin will not possibly fall to $5k because many people are blocking it at a low price and they all have a lot of money, meaning Bitcoin supporters will not let Bitcoin collapse at a very cheap price like that. Bitcoin will still have a high price because of the support of many rich people getting into Bitcoin. The very limited supply of Bitcoin is also an important influence on Bitcoin price movements. It is impossible for the price of Bitcoin to reach $5k, but the circulating supply of Bitcoin is getting thinner, and it is becoming increasingly difficult to get Bitcoin.

I agree with you, Many rich peoples who support and invest in Bitcoin will keep Bitcoin price don't fall at $ 5k. They don't want lost their assets. Bitcoin will have high price, I believe it will be more expensive again evey 4 years. So as Bitcoin lovers , we should have positive think, Bitcoin will have bright future.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Primo1760 on February 04, 2024, 08:13:31 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
A very strange question, if bitcoin reaches 5k dollars many people will lose faith in bitcoin. From my point of view I would say if bitcoin hits $5k I will try to buy multiple bitcoins because I know bitcoin has reached $69k and dropped to $15k from there. After reaching $15,000, the market bounced back to $49,000. Overall if Bitcoin goes to $5000 I will never lose faith in Bitcoin I will only increase my investment by buying Bitcoin.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: milewilda on February 04, 2024, 10:46:14 PM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
Could it really be?
Are you sure that you wont be having those doubts?
You dont have the fear on getting zero?

I dont think so, on which it would really be that hard for you to make out such decision on buying back on which fear on anxiety would really there on the time
you do see the price had dipped down into these levels. If Bitcoin did go back below into this price point the there's something wrong
and its not something that you could really be able to deal with up so easily. You would normally be that hesitating on the things specially
if you are really that trying to buybacks on which emotions would be your main enemy on this time.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: taufik123 on February 04, 2024, 11:16:05 PM: LOL you ask and you answer yourself, There is no explanation whatsoever.
Bitcoin will also never touch $5k because all holders do not expect such low prices.

Don't expect too far, Bitcoin below $20k is still quite difficult for now.
Even if there is a crash or FUD it may still stay above $30k and bitcoin will still reach ATH $100k
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: BitMaxz on February 04, 2024, 11:19:07 PM: Quote from: milewilda on February 04, 2024, 10:46:14 PM
Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
Could it really be?
Are you sure that you wont be having those doubts?
You dont have the fear on getting zero?

I dont think so, on which it would really be that hard for you to make out such decision on buying back on which fear on anxiety would really there on the time
you do see the price had dipped down into these levels. If Bitcoin did go back below into this price point the there's something wrong
and its not something that you could really be able to deal with up so easily. You would normally be that hesitating on the things specially
if you are really that trying to buybacks on which emotions would be your main enemy on this time.
To me I'll buy too it's an opportunity to buy at a very cheap why?
It always happens when a bear market is coming just like before when the price drops around $6k nearly block halving when a bull market comes it rises again and after block halving, it reaches a new ATH.

So don't miss the opportunity to buy a cheap and better look at the history of Bitcoin. Most people said before Bitcoin is dying but it's still kicking.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: I-Bit on February 04, 2024, 11:26:04 PM: Quote from: taufik123 on February 04, 2024, 11:16:05 PM
LOL you ask and you answer yourself, There is no explanation whatsoever.
Bitcoin will also never touch $5k because all holders do not expect such low prices.

Don't expect too far, Bitcoin below $20k is still quite difficult for now.
Even if there is a crash or FUD it may still stay above $30k and bitcoin will still reach ATH $100k
OP actually didn't answer his question. Buy or Hold isn't a feeling, it is an action. I don't understand what OP means, but it seems a bit nonsense. Yes, there is no explanation too, OP may forget it. ;D

If we look at the current situation, I agree that Bitcoin won't have the chance to drop to $5k. I'm not sure what OP refers to, but OP may talk about the possibility of Bitcoin price in the next bearish season.

After Bitcoin can reach $100k, I also think the bottom may be around $20k - $30k. It is very unlikely to drop below $20k. But we don't know the future, it is just our speculation.
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: de_prof on February 05, 2024, 12:52:53 AM: If bitcoin returned to 5K, I will buy more and sell all of my coins and buy only one coin, it's bitcoin. Bitcoin is the pioneer of crypto currency and I believe bitcoin price will increase again, I will hold until anytime wait the price will more expensive
Title: Re: How would you feel if bitcoin returned to $5k?
Post by: Papusha20 on February 05, 2024, 02:25:26 AM: Quote from: vs2014 on January 27, 2024, 07:04:56 PM
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????

It is not certain that only people will invest if the price of Bitcoin touches 5k dollars. When Bitcoin prices fall from highs to lows, investors will panic, and they will be ready to take any action to protect their assets. I would never agree with you, because the price of bitcoin is unlikely to go down that much. Since Bitcoin was at full speed and peaked at 69k, the value of this coin could never convert to 5k dollars. The current Bitcoin price of 42k plus is the only last sign of a downside, as the Bitcoin price is very likely to rise in 2025.

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