Post
Topic
Board Speculation (Altcoins)
Re: Altcoins worth investing at dip
by
Ezravdb
on 22/05/2022, 08:24:03 UTC
We have to be patient but at the same time, we need to see the opportunity. Bitcoin has significantly dumped, it gives us a good price to buy, however, if we think it's not the dip yet, then we have to wait until it continues to drop as we might see a $10k price. That price was almost impossible when bitcoin hits $60k as people are thinking we will reach the $100k than going back to a cheap price, but look where we are now, that $100k is now the almost impossible price while $10k is a more realistic price.
My personal view is actually almost the same as what you said, only to be at the price of $ 10k on Bitcoin also looks like it's impossible because if Bitcoin had dropped at the price of $ 20k, then those who bought it would definitely be very many and the price would be sustainable and potentially increase again even though it is impossible to be at the price of $100k