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Author Topic: How would you feel if bitcoin returned to $5k?  (Read 2754 times)

Offline legend45

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Re: How would you feel if bitcoin returned to $5k?
« Reply #75 on: February 02, 2024, 03:23:11 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


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Re: How would you feel if bitcoin returned to $5k?
« Reply #75 on: February 02, 2024, 03:23:11 AM »

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Offline Altcoin1998$

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Re: How would you feel if bitcoin returned to $5k?
« Reply #76 on: February 02, 2024, 03:37:32 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.
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Offline Wiseman

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Re: How would you feel if bitcoin returned to $5k?
« Reply #77 on: February 02, 2024, 06:40:12 AM »
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.
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Re: How would you feel if bitcoin returned to $5k?
« Reply #78 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

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Re: How would you feel if bitcoin returned to $5k?
« Reply #79 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

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Re: How would you feel if bitcoin returned to $5k?
« Reply #80 on: February 02, 2024, 10:55:44 AM »
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

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Re: How would you feel if bitcoin returned to $5k?
« Reply #81 on: February 02, 2024, 03:37:19 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.
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Re: How would you feel if bitcoin returned to $5k?
« Reply #81 on: February 02, 2024, 03:37:19 PM »


Online JoyMarsha

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Re: How would you feel if bitcoin returned to $5k?
« Reply #82 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.

Offline IvugeoEvolutionCoin

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Re: How would you feel if bitcoin returned to $5k?
« Reply #83 on: February 04, 2024, 01:20:09 AM »
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.

Offline dekafee79

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Re: How would you feel if bitcoin returned to $5k?
« Reply #84 on: February 04, 2024, 10:14:57 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.


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Re: How would you feel if bitcoin returned to $5k?
« Reply #85 on: February 04, 2024, 08:13:31 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.

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Re: How would you feel if bitcoin returned to $5k?
« Reply #86 on: February 04, 2024, 10:46:14 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.

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Re: How would you feel if bitcoin returned to $5k?
« Reply #87 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

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Re: How would you feel if bitcoin returned to $5k?
« Reply #88 on: February 04, 2024, 11:19:07 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.
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Re: How would you feel if bitcoin returned to $5k?
« Reply #89 on: February 04, 2024, 11:26:04 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.


 

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