At What Price Would You Like To Buy Bitcoin?

avatar

Bitcoin.jpg

Bitcoin has been moving around $30,000 for about 2 weeks after the sharp decline. Although many in the crypto market expect further declines, Bitcoin does not want to move away from $ 30,000.

In general, most of the investors think that Bitcoin will move lower. Some say it will drop to 22K, some say it will drop to 20K, and some say it will drop to 10K. Although most wealthy investors and experts dream of such a drop, it is really surprising that Bitcoin did not drop any further. I really wonder who are the buyers who buy under 30K.


Source

There are even those who say that Bitcoin will fall below 10K. Guggenheim Chief Investment Officer Scott Minerd says in an interview with CNBC Squawk Box in Davos that Bitcoin could drop as low as 8K. Click for the full interview.

These are interesting predictions indeed. Could Bitcoin drop to 8K? yes, it can go down to 8K, this is normal. But when the number of people who say that the decline will continue is incredibly large, why is this decline not happening? that's the interesting thing. So who is buying? I guess that's the key question.

I think many people dream of buying Bitcoin at low prices. I think that's why they want the price to drop even more. If they are lucky, the price may go even lower.

Although many people predict that Bitcoin will fall further, I remain bullish. I don't know where the Bitcoin price will go, I think no one knows. Price is not that important to me anyway. Yes I like to buy dip. But I like to build while the bears are struggling in the market.

Do you think the Bitcoin price will continue to drop? (So at what price would you like to buy Bitcoin)

Main Image Source

Posted Using LeoFinance Beta



0
0
0.000
26 comments
avatar

Price does not matter if we just buy and spend.

To HODL? $8k would be nice, $5k would be a steal.

$20, load up the truck 😂

Posted Using LeoFinance Beta

0
0
0.000
avatar

Lol, you think it is possible seeing BTC below 10K?

Posted Using LeoFinance Beta

0
0
0.000
avatar

Possible, yes.

Probable? Probability is not zero is all I can guess :)

Posted Using LeoFinance Beta

0
0
0.000
avatar

There is always a possibility. It might even drop to 1K but I think it's easier to get to 100K.

Posted Using LeoFinance Beta

0
0
0.000
avatar

To HODL? $8k would be nice, $5k would be a steal.
$20, load up the truck 😂

Hahaha, that was good. 😂

Posted Using LeoFinance Beta

0
0
0.000
avatar

Crypto market is crazy anything is possible but I don't think BTC will drop to 10K, 22k sounds reasonable. Am not looking at buying BTC now, if it drops to those levels certainly it will pull ALTs down also, I will rather buy Hive.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Why HODL BTC when there is HIVE? 😉

If more think the same way, leave BTC to Michael Saylor and we can transact in any other crypto.

BTC won't be as valuable when it is fully institutionalized. And there are tons of alternatives.

HIVE, HIVE, ETH2.0, ADA, SOL, XMR, etc.

0
0
0.000
avatar

Once Bitcoin becomes institutionalized, it will be harder for us to reach it. This makes the Bitcoin price reach insane prices.

The ones I'm aiming to buy right now are HIVE and LEO.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Measured in fiat, most good crypto could reach insane prices.

Now, could other crypto gain relatively more value than BTC? I think so.

HIVE and LEO are like micro-cap with tons of potential.

Posted Using LeoFinance Beta

0
0
0.000
avatar

There will be those that outperform Bitcoin in terms of ratio. Finding good projects and investing in them in a bear market is therefore a good strategy for me.

Posted Using LeoFinance Beta

0
0
0.000
avatar

You know I can accumulate Hive to certain level and start buying BTC from Hive earnings. Buying BTC defeats my play of passive income, the passive income nature of Hive is priority for me now.

Not to be confused am placing Hive over BTC though, Bitcoin remains king.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Yes. No doubt about it.

The struggle is at what point it makes sense to convert to BTC versus just stack more HIVE (expecting BTC to out perform HIVE)?

And what's the optimal asset allocation for the crypto portfolio? This is a personal one 😉

Posted Using LeoFinance Beta

0
0
0.000
avatar

I wish the price would drop that much... Frankly, I don't think it will drop that much.

My first target right now is HIVE and LEO. But without Bitcoin there is no excitement :)

Posted Using LeoFinance Beta

0
0
0.000
avatar

We were just talking about this yesterday and we thought the $8k prediction is a wild guess because he probably wanted to scoop BTC at that price level, lol! But things can get wild, no one knows for sure how the price will go.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Yes it's hard to know where the price will go but $8K is a crazy guess. Although there are many people who are sure that it will fall, I do not understand why Bitcoin does not fall. They're bluffing.

I think the purpose of many of these types of predictions is to scare people into selling their assets.

Posted Using LeoFinance Beta

0
0
0.000
avatar

BTC is holding up at the price level it is at these days. I personally believe it won't drop that low and yes, perhaps the predictions are meant to shake off people.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I understand those who say that Bitcoin will fall, this is a prediction, but I don't think it is a prediction to say that it will fall by $8K. It's like pumping fear and panic.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I think crypto will drop to like 20k. Anything lower will only happen when there is a black swan event and I don't have that many spare funds so I won't be buying right now.

Posted Using LeoFinance Beta

0
0
0.000
avatar

There is a possibility that it can drop to 20K. But I still believe it will run higher than 30K.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I think the Bitcoin price would dip some more because usually the bear markets get more excruciating than this, but one thing is sure and that is that the bulls would come again,sooner than usual as I don't expect the bear market to be as long as it used to be before 2021, and we'll see All Time Highs again.

At the same time fuck everything I said here, predicting the market is a bitch 😂😅

Posted Using LeoFinance Beta

0
0
0.000