Post
Topic
Board Speculation
Re: Are you ready to see Bitcoin at $10 000?
by
Taskford
on 23/06/2022, 12:05:05 UTC
Kalou I wouldn't be prepared to see the price of bitcoin fall too far like that.
$10k is a terrible bitcoin price for me.
There will be many investors who feel they have lost their money if the price of bitcoin drops to the point of $ 10 thousand and of course they will be torn apart again.
Hopefully the worst thing will never happen.

It would only be terrible for people that have been over-invested and have no capital for buying dips. On the other hand, if you're always making sure you have enough capital to deploy, a crash to $10,000 would be a godsend if you're long-term bullish on bitcoin.

If they feel something bad to happen on the market they still have good options to take and one of them is taking stop lose to control heavy damage and then wait for it to come or possibly near to it then buy since for sure this will give more better chances for recovery rather than waiting for their last crypto bought to pump back again to recover their losses.