Quote from: Hellkas on March 17, 2020, 04:26:43 PM

Quote from: TheAndy500 on March 17, 2020, 12:03:54 PM

Quote from: Wilhelm on March 17, 2020, 11:45:16 AM

Quote from: cryptoruby on March 16, 2020, 03:45:06 PM

I think we will go to 2800$-$1800

#corona

Not going to happen.... Wink

I also think that the $3k level is the absolute minimum to which the Bitcoin price may fall. However, the virus situation is still uncontrollable and panic does not seem to be smaller. People are scared, so if we don't get positive information, anything can really happen. Let's hope that the cure will be invented quickly and the situation will be controlled. This is the only way out of this crisis.

Why your the decision so radical? If the price drops below $ 1000 for 1 Bitcoin - sellers in a panic can lower this price even lower, for example, to the $ 500 area, and then you will need to have steel balls in order not to panic and continue to hold Bitcoin.
I would now refrain from any positions and fix the funds, because during such an unstable situation anything can happen.

My decision is not radical. I am open to various possibilities. I predicted the price drop to $5k a few days ago - check my posts. However, looking at the whole thing it is unrealistic for me that the price of Bitcoin falls below $3k. If that happens then anything can happen.
If the price of Bicoin drops below $3k, total chaos begins, which they begin to control in full-blown whales, then there will be nothing better than buy!