Bitcoin - Buy or Sell
 

Hello,


I'm really worried but my BTC savings.its going down constantly so what are your predictions?As it stands it will hit $20k very soon so I do not want to lose my money. I do not want to think for the worst but please someone give any logical endurance what is going on?


Cheers to BTC

If you bought it at a much lower price, it's still a gain. You can sell it now and enjoy your gain or ride this bear market and hold till November or December when the bullish market is on again.

What's happening now is the mother of all crash. Expect a bearish market and downtrend for months.

Inflation
Celcius freezes withdrawal
LUNA
Binance temporarily held BTC withdrawal
Cryto.com and other platforms laying off employees

Crazy week for the crypto world.

No way!
False dreams can't be ending!

:uhoh

it doesn't worry me. i'm still buying the same dollar amount each week that I have been for over a year.

years ago I never fully believed that there was any true value in crypto. but at some point I looked closer into ethereum and realized that smart contracts are incredibly interesting and powerful. I've reallocated most of my time away from adult into learning solidity. The more I learn, the more I'm convinced crypto's going nowhere but up over time. the tech is just so groundbreaking and most people still have no clue what smart contracts are or why they're revolutionary. People will start to figure it out over time, its inevitable, and they'll want in.

so I'm not worried. ethereum clearly has a bright future and bitcoin will probably always be #1 over ethereum.

There are some hard core Bitcoin HODLers, that will never sell, and these prevent the price dropping below a certain level. I'd say we are quite near that low level now, and it won't drop that much further, although expect issues in the wider economy which may further impact the Bitcoin price but it won't be severe.

What we are seeing is unwinding of a lot of the speculative positions that were enabled by easy money from the FED, which is coming to an end. It is normal for the Bitcoin market to be cyclical, and we are getting close to the bottom now IMO. For the months ahead, I would be comfortable holding Bitcoin, especially if I could afford to hold for at least a year.

Any Bitcoin purchase should be made for at least medium term time frames (months), unless you are going to be a very active trader (hard).

This is not financial advice, you should make your own decisions.

We didn't all think big Government/Money would allow Ruski to skirt sanctions by using Crypto did we?

the market always count on weak traders to sell and take their loss.
It takes balls of steel to remain calm during a storm that can last for months...

$20k is the minimum very little chance it will go under that

Netflix share lost 70% YTD :1orglaugh
it's not just btc :
Tesla -34%
Meta -48%
Snapchat -70%
Google -23%
all YTD

I'm honestly surprised gold hasn't skyrocketed.

The lower the price the better the buy. Now is a time for buying, holding, and testing your patience. While also learning that the yield being given from 3rd party custody sites is not worth it. Cold storage is true financial safety.

#Bitcoin ain't going anywhere, blocks continue to produce, unstoppable. The fiat pairing value will fix itself in time.

Crash

https://gfy.com/fucking-around-and-b...ash-begun.html

If you are a long-term holder, sit back and relax.

On the other hand, if you urgently need money to pay the bills or do whatever, sell it. Cuz next few months are going to be painful.

If you need the money, you should not have invested it in the first place :2 cents:

Investment rule #1 : only invest what you can afford to loose

:thumbsup:thumbsup:thumbsup

https://www.tripsavvy.com/thmb/ttwxl...f772928e78.jpg


:1orglaugh

So $2k down in less than 2 days. That's a lot!!!

If all these companies are falling down, it is partially because the FED is increasing the federal fund rate... and if they do that, the dollar becomes more powerful and gold goes down.
An easy bet (i am not gonna participate in this one) could be to buy some shares of a gold company (one with a high volatility), tomorrow during the day and wait for Powell's speech.
I BET (i could be wrong), that if the company is correctly chosen, you can probably make 10% quite fast (i wouldnt stay very long).
(not a financial advice)

Man, that is, do you think that now is the time to buy everything, including crypto and the stock market?

Now they want you to buy electric companies.
So it is gonna have it's litte run, until they realise that's while they are stable, their debts are usually big and... then it will collapse...
Don't be a bag holder

Ref: https://finance.yahoo.com/news/jim-cramer-says-boring-stocks-132908787.html

Total bs, if you look at the macro the sky is falling and its going to get worse, the next support is around 19.5k, if that gets broken then 13.7k is the next support. We will get there within months

Seems all virtual investments end the same

Steal.

Always steal... :2 cents:

Once you have it, it's not very useful.
May be you could spend it, but then you don't have it anymore while you stole it to have it...
Just saying...

Are you telling us you take advice from this Jim Cramer?



"The Bear Stearns Companies, Inc. was a New York-based global investment bank, securities trading and brokerage firm that failed in 2008"

:Oh crap

...that made me lol. Jim's an idiot. This should be a lesson for everyone that there are no true gurus.

Yeah, but you STILL GOT IT.... & you got it for FREEE....

Plus you enjoyed the dopamine high from the theft, so it's a win/win really....:2 cents:

Still going down slowly

Where are the 100k "they" promisse? :/

THIS IS TITANIC BOYS, SAVE YOUR ASS! :)

So when this is going to stop? Seems BTC is something imaginary right

The crypto will recover last, but keep in mind that first Nasdaq, real estate and other markets need to crash

It can be even 10k, but this is not mean that it's shit. After it can grow again to 50k or even more.

still going down today

don't buy these dips

Buy with a discount. What else?

It's gfy. You have a good chance some dumb fucks will tell you what to do. Do the opposite.

Which discount, the $20k this morning or the $17500 it's about to hit?

more cry babies drama bitches who can't control their emotions and sell
= that's more bitcoin for me at a better price

Keep on selling ladies, i'm buying!!

:1orglaugh:1orglaugh

Also the crypto crash is SO CONVENIENT to hide the fact that S&P500, Nasdaq and all stock exchange around the world are going down right now

SP500 : -4.25% in the past 5 days

I will repost this here for DV Time aka "The man with the IQ lower than anal temperature" :

Since jan 2022 :
paypal : - 60%
meta (facebook) : - 51%
Nvidia : - 48%
alphabet : - 26.6%
Amazon : - 37.8%
Netflix : - 71.8%
Apple : - 25.7%

https://www.spglobal.com/marketintel...-2022-70807173

https://www.snl.com/articles/417297538.png

In the past 6 months :

NASDAQ lost 27.92%

And nasdaq is not just ONE asset, it's over 2500 companies

https://i.snipboard.io/xRj70a.jpg

As I predicted it's now $18.600

Seems everyone are worried �� Damn

Massive sell off happening

Its definitely a good time to start DCA although I am going to wait a bit longer

Nasdaq is only 25% from ATH, I expect it to go another 20% down.

When that happens what do you think where will btc settle?

Above or below 10k?

I think there is still plenty of room to go down..

I bit Back up in the Past 24h

I think it's finished going down and will hover around 20 for a while