Would you invest in Bitcoin if it shot down a lot in price?

[Grant]

Would you ever consider investing in Bitcoin if it shot down a lot in price? Like, lets say Bitcoin dropped to $10 for 1 bitcoin. Would you take the chance to invest just in case it blows up to $50,000 or more?

Honestly what would you have to lose? If bitcoin was that cheap again, I bet many people would invest in it. There's always a chance that it could rise up again. But, my question is, could it ever get so low again like when Bitcoin first started? I would take that opportunity. Yeah I might lose $10 or so, but it'd be worth it if it skyrocketed in price again.

 

[Setho]

I believe that bitcoin is going to be around for a very long time and as such I am usually buying any good retracement that I see because it is just people taking profit.

 

[Bousine123]

I think if bitcoin is up to 10 dollar for one bitcoin I would surely invest on it, as far as the price increase and monitor my asset before the price goes down, so that I can earn something.

 

[Honny143]

Its never happen 10$ dollars for 1 bitcoin, we already missed this opportunity long time ago, but whenever bitcoin price down, I always try to invest some percent of amount, like ex- recently during pendamic bitcoin price down below 4k$, that time i invested 100$ dollars and within short time I generated 500$ profit, so I always try to buy coins in dip price.

 

[Potuse]

The Bitcoin has a lot of potential and it will definitely surge in the future. Having said that, if the price of Bitcoin goes down, it is an opportunity to initiate a buy order because the Bitcoin is very promising and you're guaranteed a profit in the future.

 

[Honny143]

The Bitcoin has a lot of potential and it will definitely surge in the future. Having said that, if the price of Bitcoin goes down, it is an opportunity to initiate a buy order because the Bitcoin is very promising and you're guaranteed a profit in the future.

If we buy bitcoin at a low price, then we will probably make a good return in the future. In the past, there were so many users who bought bitcoin in a dip. Today, they are rich. So why we miss this opportunity, Maybe we will also be rich in the future.

 

[Heatman]

Whenever cryptocurrency is dipping would be the best time to invest in it. I would be interested in investing more again in Bitcoin if it gets down more below $18k. Already existing investor won't be happy about that but new investors would love it so much.

 

[Bookwormlux]

I would sure do that because I believe that such opportunities would not present all the time and it's going to be wise if I take time to utilise them whenever they do .

 

[Danny4cash]

I will grab such opportunity with my two hands. If bitcoin price drop to $100 today, I can tell you that many people will invest heavily on it. There are who became million because of their courage to invest in bitcoin when it's price is cheap. Not many thought bitcoin will reach this height by that time.

 

[Smiles20]

This is largely going to be dependent on the price. If bitcoin is going to drop for like 10 to 20% then that is going to be okay but anything around 80 or 90 is total crash.

 

[tyrim88]

One thing that we get to understand is that about cryptocurency is that,it is the market force and activity that drives trading,and that is what gives value to the curency,same goes for the fluctated coin price as well.

 

[Monster Masterpiece]

Half of the websites pay in Satoshi means no problem continues getting paid in crypto or even a Payeer account means you feel obliged to work in crypto.

 

[Lynaia]

It will such a good opportunity for me to invest in it at any lower price. Bitcoin has a very high price which is preventing most people to invest in it except people that are rich

 

[Ononivami]

It will such a good opportunity for me to invest in it at any lower price. Bitcoin has a very high price which is preventing most people to invest in it except people that are rich

It is the simple logic of trading cryptocurrency. You will buy when the market value is down and he will quickly sell when the price has gone up. If the price are down, it is an opportunity to keep accumulating the cryptocurrency.

 

[Danny4cash]

It will such a good opportunity for me to invest in it at any lower price. Bitcoin has a very high price which is preventing most people to invest in it except people that are rich

For those that have money, this is time to invest in bitcoin and sell when it's high. I am very sure that the price of bitcoin will rise. But those investing

 

[Ononivami]

For those that have money, this is time to invest in bitcoin and sell when it's high. I am very sure that the price of bitcoin will rise. But those investing

It is absolutely correct to buy the Bitcoin when the price is down but it is beyond just buying when the price is down because the market is predicted to crash further. It is the best time to stay away from cryptocurrency investment.

 

[Potuse]

It is absolutely correct to buy the Bitcoin when the price is down but it is beyond just buying when the price is down because the market is predicted to crash further. It is the best time to stay away from cryptocurrency investment.

That is a simple way to trade cryptocurrency. You will buy when the price is down and sell when the price goes up , then you will keep the difference.

 

[Ononivami]

That is a simple way to trade cryptocurrency. You will buy when the price is down and sell when the price goes up , then you will keep the difference.

You are very correct because the simple way to trade cryptocurrency is to keep buying and accumulating when the price is down and to sell off when the price increases effectively.

 

[Potuse]

You are very correct because the simple way to trade cryptocurrency is to keep buying and accumulating when the price is down and to sell off when the price increases effectively.

The simple way we are taught to trade cryptocurrency used to buy when the price is low and sell when the price is high in order to keep the profit. This is a simple way to trade cryptocurrency.

 

[Nat]

Yes. It is a perfect market strategy to buy when it's price is low. You buy many ana sell when price goes up . It is volatile and instable. Small monies from dips can be huge of strategy is working