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Will you quit if Bitcoin falls back to $15k range?

Joseph

Joseph

New member
BTC have seen a dramatic crash since February after Bybit was hacked. It has BTC crash from $105k+ back down to $81k today. Do you think it's going to fall back to $15k+ range it was last 2 years ago?

Will you quit of Bitcoin falls back to $15k range?
 
It is definitely going to be something of a serious concern should Bitcoin fall from the range of $85,000 it is currently at down to $15,000. Older investors will definitely lose hope in BTC and cryptocurrency in general.
 
This is definitely not going to happen, maybe the lowest it can fall back to is $50k. If it should fall lower than that then it is the end for cryptocurrency.
 
I wouldn't mind because some times few years ago, Bitcoin fell from around $60k or so to $18k or $19k. If it falls to $15k, I will buy more and wait to see what will happen.
 
I don't think that I am going to stop trading should such a situation occur. It is just normal and what I should have expected to have happened considering the high volatility nature of Bitcoin.
 
I've never been into buying and holding BTC to appreciate before I sell. I only trade on cryptocurrency exchange site Futures using my USDT. I will trade BTC at any price it drops or hikes to.
 
Jeff said:
I've never been into buying and holding BTC to appreciate before I sell. I only trade on cryptocurrency exchange site Futures using my USDT. I will trade BTC at any price it drops or hikes to.
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You are not a holder, so you are not actually affected that much. If it is someone that has bought for the king term they will definitely feel it.
 
Kennysplash said:
You are not a holder, so you are not actually affected that much. If it is someone that has bought for the king term they will definitely feel it.
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It's very risky being a cryptocurrency holder because when coins dip and take too long to recover, there's always the temptation to sell off and be over with it.
 
There is no point quitting. I am going to keep riding the wave till that moment and won't be tired of doing so. I have traded some ranges and will also do so once such get to happen.
 
I don't think Bitcoin would ever come back down to $15k looking at where the price is currently but if that should happen, I would categorically call it the end of cryptocurrency.
 
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