Do You Think, Bitcoin Price Can Be Below $50k Again?
Image by Igor Schubin from Pixabay
Everything is possible here but the thing made curious is bitcoin price can be below $50k and investors can wait for it too. Though there are many Altcoins performing worse than the bear market so many investors can expect to see bitcoin price dump as it was in bear market season. Maybe I shouldn’t compare the boss coin with the Altcoins in the crypto market but waiting for such down can be waste of time too because experts believes that bull market is not so far.
Took a break from Solana trading, not because of big gain but because of taking time to buy wisely. Last night I bought too but as always couldn’t buy deep and the price value is bellow the buying price. Aim to sell my coins for a small gain as usual. I need to buy deep and wait for next buy instead waiting for next sell for long time. This is absolutely my personal crypto trading style that definitely not recommended especially when you are not a risk taker or prefer big gain.
Now question is, do you wait for bitcoin price below $50k or buy now to hold for bull market? This is still deep for many and bitcoin can offer investors lower price for buying more. Solana is a good coin for me and it is affordable so far. Will wait for next sell even it can bring smallest profit. Trading for 24 hours is risky as it can cause long time waiting if we buy unwisely. My crypto buying price was not deep but it was closer to the deepest price in last 24 hours.
Next little pump can help me making $5 dollars and it is not satisfying for many but satisfying to me because my investment is small too and I'm taking risk for short time trading. If my crypto coin dump more then it can be a matter of long time waiting or experiencing loss once again. Bitcoin buyers can take the current market advantage and buy some before the price start moving forward. Actually I believe in bitcoin pump and it can be back to the $60k worth price and this is my random prediction on bitcoin.
Actually I don't want to discourage investors who wants to buy bitcoin when the price of it will be below expectation and it can be below $50k once again. But the current price of bitcoin is already down and perfect for buying. This is my personal perspective not a financial regimentation to anyone. I was thinking if bitcoin price value fall down, what will happen to Altcoins that already down unexpectedly. Let's see! We should think positive but we also should prepare for probable negative things.
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