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Author Topic: How would you feel if bitcoin returned to $5k?  (Read 2724 times)

Offline DAMKAR

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Re: How would you feel if bitcoin returned to $5k?
« Reply #15 on: January 28, 2024, 07:56:39 AM »
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

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Re: How would you feel if bitcoin returned to $5k?
« Reply #15 on: January 28, 2024, 07:56:39 AM »

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Offline TomPluz

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Re: How would you feel if bitcoin returned to $5k?
« Reply #16 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.






Online Uruhara

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Re: How would you feel if bitcoin returned to $5k?
« Reply #17 on: January 28, 2024, 09:46:52 AM »
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.  :'(

Offline Don Pedro Dinero

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Re: How would you feel if bitcoin returned to $5k?
« Reply #18 on: January 28, 2024, 10:06:01 AM »
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.

Offline koang

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Re: How would you feel if bitcoin returned to $5k?
« Reply #19 on: January 28, 2024, 05:05:51 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.

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Re: How would you feel if bitcoin returned to $5k?
« Reply #20 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.

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Re: How would you feel if bitcoin returned to $5k?
« Reply #21 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?

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Re: How would you feel if bitcoin returned to $5k?
« Reply #21 on: January 28, 2024, 06:56:39 PM »


Offline bitbit97

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Re: How would you feel if bitcoin returned to $5k?
« Reply #22 on: January 28, 2024, 08:06:03 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.
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Offline TopT3ns

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Re: How would you feel if bitcoin returned to $5k?
« Reply #23 on: January 28, 2024, 08:47:50 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.

Offline jonathancool220

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Re: How would you feel if bitcoin returned to $5k?
« Reply #24 on: January 29, 2024, 05:25:22 AM »
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.

Offline bitterguy28

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Re: How would you feel if bitcoin returned to $5k?
« Reply #25 on: January 29, 2024, 07:40:19 AM »
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.

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Re: How would you feel if bitcoin returned to $5k?
« Reply #26 on: January 29, 2024, 08:40:52 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.


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Re: How would you feel if bitcoin returned to $5k?
« Reply #27 on: January 29, 2024, 09:42:00 AM »
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.
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Re: How would you feel if bitcoin returned to $5k?
« Reply #28 on: January 29, 2024, 01:43:16 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.
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Offline snowpega

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Re: How would you feel if bitcoin returned to $5k?
« Reply #29 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.
« Last Edit: January 29, 2024, 02:48:08 PM by snowpega »

 

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