Post
Topic
Board Bitcoin Discussion
Re: What are the chances of bitcoin taking another dive?
by
btc78
on 28/07/2020, 09:51:28 UTC
Hi there i am asking this because i took out a loan at Nexo against my bitcoin. They told me my collateral bitcoin would have to drop 40 percent before they would start selling my bitcoin if the LTV threshold was passed. For me that would be if bitcoin were to  drop to around 5900 in price. So my question what are the chances of bitcoin dropping back to below 5900 again? I know anything is possible like what happened in march but realistically at this stage and time, what are the chances of that happening and me losing all my bitcoin? Thanks
While majority of us are looking for Pump then here you are asking when will be the price drops again?

SOrry but i think you need to look for another correction before this happens mate.

Sorry for your situation but all of us here are praying and hoping for another Pump,so yeah lets just wait what will happen next quarter.