Bitcoin goes to the hell

[boyvn78]

do you think Bitcoin will follow Luna to the hell ? and dissappear forever

 

[Mobey_D]

Very unlikely. Luna was subject to an attack.
Whilst nothing is impossible, it would be very very unlikely IMO

 

[Kilany]

I think it will end soon
If Bitcoin goes down, everything will fall behind it

 

[kjlfjkljk]

i dont believe bitcoin will fail, if it does a 1tr economy will collapse overnight. I believe bitcoin is too big to completely fail. however price may drop a lot.

 

[Shahab3211]

Nope btc won't fall even if does not any time soon and am saying that because a lot of big boys are into btc these days and they don't invest in something where they lose money

 

[Chitu]

Too many big tech companies have invested in BTC so it's not going anywhere anytime soon

 

[Someecat]

Luna has crashed. It does not mean that Bitcoin or Ethereum will crash anytime. Bitcoin is a very popular and powerful cryptocurrency. I don’t think that will ever go down like Luna. The collapse of Luna has affected other cryptocurrencies, Bitcoin included. But Bitcoin’s fate isn’t like that as it has a very strong team and management, it has been there for more than a decade, it is the world’s first cryptocurrency and whatnot.

 

[Sciagraphy]

I can’t say much about bitcoin at the moment. But if it fails, it will fail several traders who have their life savings in it. So, I am just keeping my fingers crossed and not taking any risks for no reason.

 

[Nidology]

I have faith in bitcoin and I am quite sure that it will bounce back after some time. I may not be buying any new bitcoins but I am keeping the ones I have safe in my wallet.

 

[matsquale]

I believe that bitcoin will need more time to recovery from the bulk market

 

[fatho]

I can’t say much about bitcoin at the moment. But if it fails, it will fail several traders who have their life savings in it. So, I am just keeping my fingers crossed and not taking any risks for no reason.

You should invest a maximum of 5%, if at all 10%, of your own capital in cryptocurrencies.
Weight stocks, funds and gold much higher. Cryptocurrencies are highly speculative.

My opinion on the Bitcoin price development: Today we are at around USD 20,000 for a Bitcoin.
In a year we will be below USD 13,000 or above USD 30,000 in bitcoin.
For short-term trading I like to use Cryptos / Crypto Futures. I even find it much easier to trade than forex e.g.
I gave up trading forex with some losses. I don't know if I "failed". It wasn't a total loss. But crypto speculation
has brought me back the joy of trading.

 

[Isocracy]

Bitcoin can never go to hell! It's still my favourite crypto. It can happen that its price may go down but bitcoin will come back soon in no time.

 

[Christine Ramon]

I believe bitcoin is too big to fail, yes it has been on a downward spiral but too many people have invested on it and not some casual joes, real big investor. So be careful but its not going anywhere anytime soon

 

[Barnstorming]

I don’t think so. Thinking about the history of BTC, I have seen it bounce back several times and I am hoping the same will happen this time too.

 

[k356]

Don't ever put all your funds in one investment. Always allocate your funds across a variety of investments.
Bitcoin is still one of the most risky and speculative assets, and will be for many years.

I don't think it will go to zero as there is too much interest and there are buyers.

I would be playing the price levels. Dollar Cost Average down from here. For eg. 20k, 15k, 10k, 5k, 3k, 1k.
No-one can predict a bottom but compared to a year ago you are getting a bargain buying bitcoin now.

 

[Trading shadow]

Bitcoin goes down because wales want to buy it at a very low price. After the price rises people will rush again to buy it a higher price.

 

[jonobu]

With the FTX bankruptcy, it looked like more of a crash, but values didn't drop that much and seem to be consolidating, I think 2023 will take off.

 

[paparaxee]

Bitcoin has the potential to become a widely-used and accepted form of digital currency.

 

[skrimon]

Any update? I think things are enough different now.