With the current value of Bitcoin,I do not see it coming down as low as $1. If eventually something like this happens,I will earnest the opportunity and buy as much Bitcoin that I can buy because I know it will surely rise back again.
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Yeah with this kind of situation it's going for below $1 but considering the fact that in the Giants in the United States of America and few other countries have you invested heavily on Bitcoin they can't allow such to happen.I do think Bitcoin would drop to such amount unless it is generally banned by the whole universe.
honestly because for you to drop drastically is means a lot of people have pull out their funds and once that happens it becomes zero.That's almost impossible but if should happen, then before it could drop down to even $5000, there wouldn't be any investor holding the coin. Everyone will just withdraw their earnings immediately
You make an interesting point. Bitcoin going back to $1 means the entire crypto currency market crashes. It might even bring recession because crypto currency market is 2 trillion.Bitcoin dropping back to $1 means the crypto currency market crashed down and all crypto currencies are worthless not just Bitcoin alone. But this is not going to happen.
I don't see that happen atleast not in my life time. But if that happens I will definitely invest on it knowing fully the value will rise if I can be very patient.Bitcoin may never drop back down to $1, but what happens if it drops that low? Would you invest a lot of money in Bitcoin at that point in the hopes it rises up again? I think if that were to ever happen, I would for sure jump in and invest. I'd invest like $20 or $50. But if I start to see it rise, I may invest a lot more in the hopes in rises back up to $41,000 like it is at right now.
That is very doubtful for bitcoin to drop to an all time low.Bitcoin has come to gain a lot of popularity and withb the increasing rate of its usage couple with the captalisation,it cannot drop that low.I do not see Bitcoin dropping to that level.
The best advise I can give to you now is to acquire cheaper coins with that $20 of your and hold them till they rise to that $1
Bitcoin dropping back to a dollar is something not feasible at all. More like it is a myth, Bitcoin will continue to surge in value and soon the price of a Bitcoin will move to a hundred thousand.Bitcoin may never drop back down to $1, but what happens if it drops that low? Would you invest a lot of money in Bitcoin at that point in the hopes it rises up again? I think if that were to ever happen, I would for sure jump in and invest. I'd invest like $20 or $50. But if I start to see it rise, I may invest a lot more in the hopes in rises back up to $41,000 like it is at right now.
Yeah, that's right. I too don't even see the possibility of that happening considering the popularity and influential investors it has gained over the years. I might even affect negatively the whole cryptocurrency business in generalhonestly because for you to drop drastically is means a lot of people have pull out their funds and once that happens it becomes zero.