Bitcoin Price under $80k and alts crash soon ?

[omori]

We must recognize that DT's victory does affect the increase in bitcoin, but not lasts long. What is surprising is that the policy carried out by DT for reserves does not seem to get positive responses or even make bitcoin corrected.
It is still too early to see this policy because DT could have carried out a new policy that could eventually provide a good improvement for Crypto. For this reason, we must be a little patient to waiting for things from the policy to be carried out so that Crypto can increase.

DT's is a wild card. He does things that boost confidence and then, in the same day, things that push the potential and investors away.

He is a businessman, after all.

[Fivestar4everMVP]

Altcoin is indeed riskier than bitcoin, but the potential for profit is higher than abitcoin. If we have the knowledge and experience in making analysis in choosing potential coins to invest in, we can get the profit according to our target.
and bitcoin is still the safest coin for long-term holding, I agree with that.

For short-term investment, investors go for altcoins rather than Bitcoin because they want to be rich soon.

The cause for higher profits is why we have many investors investing in altcoins even though Bitcoin is safer than altcoins. Investors still prefer taking the risk of investing in altcoins because they want to be rich soon, while Bitcoin can't give them that in a short term, instead long term

Altcoins in the top 10 or 20 according to coinmarketcap maybe have also become like bitcoin, and what this means is that they can not as well give profit in the short term if invested in, but then again, they are also safer (just like bitcoin is) to invest in compared to other Altcoins in the top 200 and above.

Cryptocurrency investment is just like any other investment out there, the higher the risk you take, the higher the potential reward that comes when you win, but the lesser the risk, the lesser the potential reward when you win also.
Personally, I have always preferred to invest in Altcoins much more than I invest in bitcoin, but also one important thing we must never fail to do is to always monitor every Altcoin investment, for anything can happen at anytime..

[milewilda]

Altcoin is indeed riskier than bitcoin, but the potential for profit is higher than abitcoin. If we have the knowledge and experience in making analysis in choosing potential coins to invest in, we can get the profit according to our target.
and bitcoin is still the safest coin for long-term holding, I agree with that.

For short-term investment, investors go for altcoins rather than Bitcoin because they want to be rich soon.

The cause for higher profits is why we have many investors investing in altcoins even though Bitcoin is safer than altcoins. Investors still prefer taking the risk of investing in altcoins because they want to be rich soon, while Bitcoin can't give them that in a short term, instead long term

Altcoins in the top 10 or 20 according to coinmarketcap maybe have also become like bitcoin, and what this means is that they can not as well give profit in the short term if invested in, but then again, they are also safer (just like bitcoin is) to invest in compared to other Altcoins in the top 200 and above.

Cryptocurrency investment is just like any other investment out there, the higher the risk you take, the higher the potential reward that comes when you win, but the lesser the risk, the lesser the potential reward when you win also.
Personally, I have always preferred to invest in Altcoins much more than I invest in bitcoin, but also one important thing we must never fail to do is to always monitor every Altcoin investment, for anything can happen at anytime..

All matters about the risks tolerance on which if you do prefer on having that much more bigger profits then you would really be that gonna dealing with those riskier coins/tokens in the market on which it would really be that understandable that you would really be that gonna need to handle it out basing or in according to that risks taking. Altcoins would crash soon? This is something an event that you cant be able to avoid and this do really happens on every cycle. For those who do have past experiences then they do already know on what are the things that they should gonna do and to those who are really just that on first time then they would really be having that kind of freaking out specially if they're seeing that their portfolio is dropping down. So it will really be that something situational on this case.

[enwi]

All matters about the risks tolerance on which if you do prefer on having that much more bigger profits then you would really be that gonna dealing with those riskier coins/tokens in the market on which it would really be that understandable that you would really be that gonna need to handle it out basing or in according to that risks taking. Altcoins would crash soon? This is something an event that you cant be able to avoid and this do really happens on every cycle. For those who do have past experiences then they do already know on what are the things that they should gonna do and to those who are really just that on first time then they would really be having that kind of freaking out specially if they're seeing that their portfolio is dropping down. So it will really be that something situational on this case.

I agree with you that the crypto market has unpredictable moments that do not depend on any particular forecast. At some point even the prices go above the roof, and at other times many an asset is known to have fallen drastically. This phenomenon is an ordinary cycle in the development of the market that occurs from time to time. That’s why those who are active in the crypto world may be excessively used to such a situation and have their own methods of solving this problem. While for those who have invested in the stock for the first time, there is always a high risk that they panic say, whenever prices are falling, they are seeing their investment value decreasing. However, people find ways on how they will deal with this condition based from how much risk they want to take. It can be said that any approach to the market is okay, the principal thing to do is to remain as cool as possible and act in accordance with the level of each person’s preparedness for fluctuations to happen.

[Makus]

All matters about the risks tolerance on which if you do prefer on having that much more bigger profits then you would really be that gonna dealing with those riskier coins/tokens in the market on which it would really be that understandable that you would really be that gonna need to handle it out basing or in according to that risks taking. Altcoins would crash soon? This is something an event that you cant be able to avoid and this do really happens on every cycle. For those who do have past experiences then they do already know on what are the things that they should gonna do and to those who are really just that on first time then they would really be having that kind of freaking out specially if they're seeing that their portfolio is dropping down. So it will really be that something situational on this case.

I agree with you that the crypto market has unpredictable moments that do not depend on any particular forecast. At some point even the prices go above the roof, and at other times many an asset is known to have fallen drastically. This phenomenon is an ordinary cycle in the development of the market that occurs from time to time. That’s why those who are active in the crypto world may be excessively used to such a situation and have their own methods of solving this problem. While for those who have invested in the stock for the first time, there is always a high risk that they panic say, whenever prices are falling, they are seeing their investment value decreasing. However, people find ways on how they will deal with this condition based from how much risk they want to take. It can be said that any approach to the market is okay, the principal thing to do is to remain as cool as possible and act in accordance with the level of each person’s preparedness for fluctuations to happen.

Sure the price of a crypto coin is never certain due to volatility except in cases of stable coins which do not make much significant moves. Considering the recent manipulations that have been going on in the market, that has been the reason for the major volatility lately but an investor  with a long term plan shouldn't have any trouble with these price changes because they are but for a little while. The overall movement of bitcoin has been in a uptrend so definitely in few year from now it would become obvious that this is another dump season when compared to the new price. But short terms traders would be the ones to suffer from this market volatility because alot of their trades are going to hit the SL before bitcoin increase further in the next bull run.

[tequilla_sunset]

Altcoin is indeed riskier than bitcoin, but the potential for profit is higher than abitcoin. If we have the knowledge and experience in making analysis in choosing potential coins to invest in, we can get the profit according to our target.
and bitcoin is still the safest coin for long-term holding, I agree with that.

For short-term investment, investors go for altcoins rather than Bitcoin because they want to be rich soon.

The cause for higher profits is why we have many investors investing in altcoins even though Bitcoin is safer than altcoins. Investors still prefer taking the risk of investing in altcoins because they want to be rich soon, while Bitcoin can't give them that in a short term, instead long term

Altcoins in the top 10 or 20 according to coinmarketcap maybe have also become like bitcoin, and what this means is that they can not as well give profit in the short term if invested in, but then again, they are also safer (just like bitcoin is) to invest in compared to other Altcoins in the top 200 and above.

Cryptocurrency investment is just like any other investment out there, the higher the risk you take, the higher the potential reward that comes when you win, but the lesser the risk, the lesser the potential reward when you win also.
Personally, I have always preferred to invest in Altcoins much more than I invest in bitcoin, but also one important thing we must never fail to do is to always monitor every Altcoin investment, for anything can happen at anytime..

Agreed with the take on what we should invest in and why some of these paths are risky.

Though I prefer BTC more than other alts as a bigger part of my bag, I still honor your choice - to each his own, the most important thing is to manage the risks properly.

[bettercrypto]

Right now it looks like we are still in a ranging period with support at 80K$ and resistance at 88k$ and if there is not much news like some are saying it will probably take a few days before there is a new trend.

But I seem to have heard rumors that there is a recession coming which could cause the market to fall even more in bitcoin and cryptocurrency.
So, if this is true then this is another negative news for others I guess.

[dave_strider]

Right now it looks like we are still in a ranging period with support at 80K$ and resistance at 88k$ and if there is not much news like some are saying it will probably take a few days before there is a new trend.

But I seem to have heard rumors that there is a recession coming which could cause the market to fall even more in bitcoin and cryptocurrency.
So, if this is true then this is another negative news for others I guess.

The market would plummet from such news, I hope they will hold their actions and tariffs, and it won't affect our market that much, though I do think it will.

[Kemarit]

Right now it looks like we are still in a ranging period with support at 80K$ and resistance at 88k$ and if there is not much news like some are saying it will probably take a few days before there is a new trend.

Last week, it's all about $85,000, we need to maintain or at least remain in that price otherwise there will be a bullish flag forming. And that's what happened as the price goes down to $82,000.

But I seem to have heard rumors that there is a recession coming which could cause the market to fall even more in bitcoin and cryptocurrency.
So, if this is true then this is another negative news for others I guess.

That's one negative news that really affect the price specially coming from the US. CPI still just borderline, meaning their economy are not doing that good and with that, the investors are very reluctant or even sold their Bitcoin the last week.

[bitbit97]

Previous years, when Bitcoin and altcoins were much cheaper, people had more positive mood when prices were changing. When Price has dropped from $+60k to $+30k, people were talking less about crash and blamed current president. Bitcoin and other altcoins still cost than they were year ago. Moreover, we have forgotten about market cycles and real bull market. I understand that everyone wants Bitcoin to get back to nice and beautiful price of $100k, but remember that there is no growth without drop or correction.

[Metha Wulandarin]

The movement of Bitcoin is now becoming increasingly difficult to predict. The price shifts or price range created by Bitcoin are too fast. Looking at the one-hour timeframe, Bitcoin's movement is still very aggressive, making people more afraid to buy. In the last two hours, Bitcoin has experienced a 2% change, which is extremely extreme for a one-hour timeframe.

[Gurujebs]

Agreed with the take on what we should invest in and why some of these paths are risky.

Though I prefer BTC more than other alts as a bigger part of my bag, I still honor your choice - to each his own, the most important thing is to manage the risks properly.

What is even scary about these altcoins is they are not making any growth since Bitcoin refused to be bullish again. Any new altcoin listed on exchange just go flat without doing much and the ones that do push up after some days or weeks turn parabolic and I wonder how people are still bullish on them repeatedly, they ran people to loss most often.

Its better to invest in Bitcoin and have small profit than invest in altcoins that we think will give us that profit we always imagine. If you invest in 10 altcoins today, probably only 2 of them will go up later in the future and may not even conver your loss.

[vegasus]

Agreed with the take on what we should invest in and why some of these paths are risky.

Though I prefer BTC more than other alts as a bigger part of my bag, I still honor your choice - to each his own, the most important thing is to manage the risks properly.

What is even scary about these altcoins is they are not making any growth since Bitcoin refused to be bullish again. Any new altcoin listed on exchange just go flat without doing much and the ones that do push up after some days or weeks turn parabolic and I wonder how people are still bullish on them repeatedly, they ran people to loss most often.

Its better to invest in Bitcoin and have small profit than invest in altcoins that we think will give us that profit we always imagine. If you invest in 10 altcoins today, probably only 2 of them will go up later in the future and may not even conver your loss.

Exactly, it teaches me many things. In the past few years, I have divided my money into several sets. And what's worse is that some altcoins have not even returned to the price when I bought them. There are some coins that are really bad and some have even become dead coins.

Because of that, it will be much better, even with a small capital, and it will be better to just invest in Bitcoin, no doubt, I will put more into Bitcoin when the bears come. And even if I want some altcoins, I will only focus on the top 6 altcoins.

[tequilla_sunset]

Agreed with the take on what we should invest in and why some of these paths are risky.

Though I prefer BTC more than other alts as a bigger part of my bag, I still honor your choice - to each his own, the most important thing is to manage the risks properly.

What is even scary about these altcoins is they are not making any growth since Bitcoin refused to be bullish again. Any new altcoin listed on exchange just go flat without doing much and the ones that do push up after some days or weeks turn parabolic and I wonder how people are still bullish on them repeatedly, they ran people to loss most often.

Its better to invest in Bitcoin and have small profit than invest in altcoins that we think will give us that profit we always imagine. If you invest in 10 altcoins today, probably only 2 of them will go up later in the future and may not even conver your loss.

That's new projects in a not-so-bullish market for you

[yohananaomi]

Agreed with the take on what we should invest in and why some of these paths are risky.

Though I prefer BTC more than other alts as a bigger part of my bag, I still honor your choice - to each his own, the most important thing is to manage the risks properly.

What is even scary about these altcoins is they are not making any growth since Bitcoin refused to be bullish again. Any new altcoin listed on exchange just go flat without doing much and the ones that do push up after some days or weeks turn parabolic and I wonder how people are still bullish on them repeatedly, they ran people to loss most often.

Its better to invest in Bitcoin and have small profit than invest in altcoins that we think will give us that profit we always imagine. If you invest in 10 altcoins today, probably only 2 of them will go up later in the future and may not even conver your loss.

Exactly, it teaches me many things. In the past few years, I have divided my money into several sets. And what's worse is that some altcoins have not even returned to the price when I bought them. There are some coins that are really bad and some have even become dead coins.

Because of that, it will be much better, even with a small capital, and it will be better to just invest in Bitcoin, no doubt, I will put more into Bitcoin when the bears come. And even if I want some altcoins, I will only focus on the top 6 altcoins.

I am sorry for the situation that is happening with your altcoin investment where many cannot develop to improve and many have become dead coins. Of course, this is something that hits everyone who makes investments and must be more careful because, indeed, at this time, it is beyond expectations that many altcoins are unable to return to reaching their best price, let alone reach their latest ATH, but there are still altcoins that are able to do it, but it is not surprising.
It is natural for you to suggest investing in bitcoin because it is a very good investment and can always return to a price that provides profit.