Re: Bitcoin correction

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?

I'm not saying go to 1,000$ but crash back to 10k?

And I know no one can predict anything... I'm simply asking for opinions...

Yes it is possible that bitcoin will experience being crash. Not all the time bitcoin's price will increase. Bitcoin also experience ups and downs just like in investing, you will not always be successful, sometimes you may lose a lot of money. But if bitcoin' price will crash, i think it will not crash too much and it will make sure to do everything to get back on track. Many people are hoping for the price of bitcoin to continuously increase. Some people will eventually quit when bitcoin experience crash which is wrong because crash is inevitable not only in bitcoin but also to all other cryptocurrencies.

Yes and unless there is a major news, it won't crash for nothing... it will eventually go back up..

So I think converting to fiat to hope for a dip and buy back would be a mistake

There is even no news that would really affect the price of bitcoin that much now. Sure, we had a lot of FOMOs rushed in like some said, but who really knows if they were actual FOMOs or they are some set of investors that really know what they are doing and as long as they are happy to pay for what they are buying, then that is what has made the price to be what it is. Right now, we are having another major bull run and I hope people are still not there waiting for a crash.
You better hop in now cause bitcoin is set to double up!