Are you planning to re-invest when Bitcoin hits $3,000?

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GigaForkFull Member
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#1Apr 13, 2021, 05:16 PM
Honestly, I will. What happened to all those forecasts saying Bitcoin would hit $350,000 by 2025?
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pixel2014Hero Member
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#2Apr 13, 2021, 10:22 PM
I am surprised that you did not know how to speculate the price of bitcoin since you have been on this forum. If bitcoin get to $3000, know that you are sleeping. Just wake up to reality and understand that. Who predicted such high price on this forum? Also I do not believe the bear market has started.
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sat_defiMember
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#3Apr 13, 2021, 10:52 PM
I'll buy back when it reaches 10~20 bucks, everything above that is too high.
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b0ss2016Full Member
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#4Apr 14, 2021, 10:17 PM
When the current price and coming back at $3000 is scary. There may be 2 momentum and belief, believing and then buying or even having thrown it away and will not believe anymore. I doubt investor confidence if the price reaches this low. But I would speculate on buying half. Realistically I only predict around $130k for 2025, this is my first target. But I wouldn't refuse if it exceeded that.  Robert Kiyosaki and Plan B prediction It is indeed as you mentioned. But looking at the current economic conditions, I feel unsure. LOL
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omega_2013Full Member
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#5Apr 15, 2021, 09:17 AM
Many people claim that they will buy massively and not look at the price if Bitcoin drops below $10k, $5k or $3k but I bet if Bitcoin drops to $3k, people will run away in panic. No one will believe in the bitcoin revolution or the financial freedom that bitcoin brings anymore. Just in the past few days, the price of bitcoin suddenly dropped to $83k and the fear and greed index dropped to 10, which shows that the market is in extreme panic. So if bitcoin continues to fall and goes below $10k, I don't think many people will stay in the market, let alone buy as much as they can. But that's just a hypothesis, I don't believe that will happen. If I remember correctly this prediction was made by Robert Kiyosaki and many people agree with him. But with the recent movements of bitcoin, perhaps many people have started to doubt it.
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CalmYieldSenior Member
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#6Apr 17, 2021, 12:45 AM
These waves do nothing but help the community.  I rather see everybody who quits after a Bitcoin drop or down turn be gone than see more people than ever before but all of them here only for the hype and earnings. What happened is this.  A bunch of people were bidding high on Bitcoin this year hoping to be the prophets of today and gain a following.  They missed it so far.  Some other people who tried to predict the market will have their predictions come true and they will earn the following instead. Bitcoin is not and should not become a cult.  It is simply an asset.  Yet another string of prophets missing on their predictions only make this argument stronger.
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GigaForkFull Member
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#7Apr 17, 2021, 02:08 AM
Do you always speculate correctly? Doesn't the price go up sometimes and down other times? There are two times in the past where BTC made it to the $64,000 range and dumped back down to under $20,000. What makes you so sure it won't go to $3,000?
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dave.falconFull Member
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#8Apr 17, 2021, 03:43 AM
The first thing I want to say is that there is no way Bitcoin will ever reach $3000. But if we were to assume, then I would buy a lot of Bitcoin, because it is really a very cheap price and I would try to fill my pockets, because I believe in the words of a famous person who said "to be fearful when others are greedy and to be greedy only when others are fearful". Regarding the high predictions you mentioned, maybe right now they are pessimistic that it will happen, but we don't know whether it will happen or not, because 2025 is still a long way off, it could happen in Q4 or the end of the year of 2025.
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bull_gangFull Member
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#9Apr 17, 2021, 08:26 AM
Look — bear markets happen, and a lot of times the price crashes far deeper than we think it can drop. But expecting $3,000 is just bollocks. It would take a huge catastrophe for BTC to crash that far.
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alt_2021Full Member
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#10Apr 17, 2021, 11:55 AM
As of now, Bitcoin's all-time high price was $109k in January and compared to the current price, Bitcoin has dropped more than 20%.  Have you bought more or DCA yet, or are you still waiting for the price to drop further? If you are not ready to DCA with the current price correction, I don't think you will have the courage to buy when the price drops to $3k. Because the drop from $109k to $3k is not a small drop and not something many people expected, it will cause more panic than excitement. No offense, and I mean there is a huge gap between saying and doing, saying is much easier. To be fair, the market is unpredictable and no one knows what will happen this year and what the price of bitcoin will be. All are just our predictions based on history and market cycles but there is no guarantee it will always repeat.
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ape_2018Senior Member
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#11Apr 17, 2021, 04:02 PM
I will too and if Bitcoin falls to $3,000 just because of FUD and nothing more related to technical things, I will use all my capital to purchase it. I can sell my house for money to invest in Bitcoin at $3,000, but as said if there is no severe technical issues with Bitcoin network. FUD comes and goes and Bitcoion is here so its price will recover after all FUD. https://endthefud.org/ I believe $3,000 price will never be seen again in future as in the last bear market, Bitcoin even did not drop below $10,000. History says Bitcoin has higher highs, and higher lows cycle by cycle. Bitcoin still has time to make its new ATH in this market cycle but I see $350,000 is impossible in 2025. Perhaps this price target will be reached in next one or two market cycles so I predict its time will be in 2028 or 2032 year.
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max_atlasSenior Member
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#12Apr 17, 2021, 08:37 PM
Yes, they will panic and run away from the market without think to buy Bitcoin at that price. They will not think Bitcoin price can increase back after the drop because they will think that is the end of Bitcoin. But I will buy it without take too long and hold it because I believe Bitcoin will increase in the right time. But we don't know if that will really happen or not. That will need a big dump that can force the price to go down. Only those who owned a big amount of Bitcoin that can do that
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HyperSageFull Member
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#13Apr 18, 2021, 09:34 PM
If bitcoin goes back down the $3000 range it would be probably the best opportunity of our lifetimes to turn our fortunes in our own favor! For it to go back down that much some real crazy shit would have to go down. It would hurt deeply if that were to be the case but if it does man I am liquidating everything I own, everything but my house probably lol just because ya know I need a freaking house and there is no way in hell that I could ever convince my wife to sell our house to buy back bitcoin when it had that sharp of a decline. In any event I highly doubt that bitcoin will ever drop to that level ever again....
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boss_wizardSenior Member
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#14Apr 19, 2021, 10:29 AM
I will buy without thinking twice but will it reach that low though? I think it's just another doom posting whenever BTC crashed a little bit, even then BTC still well above $80k, not too long ago people were praising BTC going above $60k now suddenly people are so concerned that bitcoin dumped a little bit even though pretty much people who DCA are still in profit and this kind of correction has long overdue after the big rally. also, $250k is pretty optimistic but can always happen, little crash like this isn't the end of bitcoin because this crash also happen in other investments as well.
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ericchadFull Member
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#15Apr 19, 2021, 02:49 PM
I won’t be buying blindly. If that $3K drop is caused by a real issue like regulatory restrictions or anything serious that could prevent people from using Bitcoin then the price might still be too high. Sure, we always say "buy the dip," but blindly investing without understanding the reason behind the drop won’t lead to success. Smart investing means knowing when a dip is just temporary and when it signals a deeper problem.
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lynx_rocketSenior Member
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#16Apr 19, 2021, 06:22 PM
Anything under 20k is too low, it is probably never going to happen, even the worst performing ETH is ranging between $2000 to $3000, the days of such price for Bitcoin are over, bit if somehow something very bad happens and Bitcoin goes down to $3000 then a massive panic will happen, most people will run from Bitcoin and many will finally find the confidence to call Bitcoin the biggest scam, but for me I will use the courage in me to at least secure some Bitcoin with what I can afford to lose.
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im_apeHero Member
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#17Apr 19, 2021, 11:32 PM
The correct word is "if" not "when". The only way for bitcoin price to crash that hard (ie. -97%) is if something really catastrophic happened like majority of the world outright banned bitcoin or the cryptography was broken or something crazy like that. Such massive crash hasn't even happened in the past where market was less stable and a lot smaller. The biggest we had was a little higher than 80% and it was after a massive bubble and the MtGox downfall. Today we are neither in a bubble to see it burst and produce such a big crash nor is there any MtGox like downfall. It's just that a shitty centralized altcoin exchange was hacked recently and the hacker stole a lot of a shitcoin called ethereum and then converted that to bitcoin. So the idiots in bitcoin market decided to panic sell their bitcoins for no good reason so price dropped down a little!
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diamond1337Full Member
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#18Apr 20, 2021, 07:27 AM
This is a hypothetical question because, realistically, I don’t think we’ll ever see Bitcoin drop to $3K again, especially with all the developments and adoption happening. I can tell that OP might be panicking a bit, overreacting to the recent price dump. But looking at the bigger picture, Bitcoin is still holding above $80K (nothing serious). The market is still very stable, and what we’re seeing now is just a temporary dip - something any seasoned Bitcoin enthusiast would understand from experience.
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mr_satoshiSenior Member
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#19Apr 20, 2021, 11:39 AM
All the predictions for the new year 2025 were reflections of people's expectations considering how last year ended for cryptocurrency. We may not get to see Bitcoin get to $350,000 in this year but surely there's a lot of expectation that the value of Bitcoin will increase and be better than it was last year. If the expectation was for the value of bitcoins to remain bullish all through this year, this is a reality check.
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greglaserFull Member
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#20Apr 21, 2021, 03:11 PM
It will be bigger than the crash after WHO announcement on Covid-19 pandemic in March 2020. It is deeper than any ever price corrections from ATHs to bottoms so far. It only can happen in catastrophic scenarios for Bitcoin in future and it is like a true "Bitcoin is dead" scenario so it is really hard to say will Bitcoin investors are ready to buy catastrophic fall. It's completely different than buying Normal Bitcoin Dips. Bitcoin's historical corrections.
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