Thread: Money Bitcoin Take?
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Old 06-13-2022, 12:04 PM   #3754
BossChief BossChief is offline
SuperBowl or bust
 
Join Date: Dec 2008
Location: BF Iowa
Quote:
Originally Posted by ghak99 View Post
Those poor NFT buyers.

I kind of want a piece of this action near the bottom, but no one seems to have any idea what the low might be.
last time cryptos crashed, Ethereum dropped below 100 and Bitcoin fell below 5k before skyrocketing.

If this is another market play/cash grab, another big rise is to be anticipated but the timing of it would be a total guess with todays economy.

Quote:
Originally Posted by Hank Hill View Post
So now is the time to buy?
2 philosophies

1) never try to catch a falling knife

2) if we are due a major correction based on 40% of the whole bear market based on peak to valley, we’re talking about a fall from 65,000 down to 22k…a 43k fall…we would anticipate a climb to roughly 40k for a correction cryptos have had in the past. Tons of risk, but no risk no reward.
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