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Bitcoin Drops Below $20k - Investment (8) - Nairaland

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Here’s Why Bitcoin Price Is Believed To Slide Down Below $20K In The Next 3 Days / Bloodbath: 185,450 Crypto Investors Lose All Their Funds As Bitcoin Drops To $38 / Bitcoin Drops Below $40,000 As Crypto Market Tumble On Double Whammy (2) (3) (4)

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Re: Bitcoin Drops Below $20k by BOOKWORMLUX(m): 10:24pm On Jun 18, 2022
tamdun:

But u were deceiving people, "buy d deep" blabla
Where please?
texannaija:


e go still RISE for sure!!!
Na so we dey always hear
Re: Bitcoin Drops Below $20k by Toks2008(m): 10:25pm On Jun 18, 2022
Fucklove:
Is #15,000 too small to start?

No amount is too small but you must choose a risk exposure that is proportionate to your capital.

1 Like

Re: Bitcoin Drops Below $20k by Nobody: 10:26pm On Jun 18, 2022
Onariii:

grin e be lyk this news shook u
Guy just leave me abeg.....if u see were my blood pressure dey now ehn, how I wish I predict this thing early
Re: Bitcoin Drops Below $20k by Muchmore024: 10:26pm On Jun 18, 2022
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Re: Bitcoin Drops Below $20k by texannaija: 10:29pm On Jun 18, 2022
BOOKWORMLUX:

Where please?

Na so we dey always hear

But e fall and rise for my korokoro eyes na. No be “dem say”… I experience am….
Re: Bitcoin Drops Below $20k by Nobody: 10:35pm On Jun 18, 2022
Kaiair:

Guy just leave me abeg.....if u see were my blood pressure dey now ehn, how I wish I predict this thing early
No 2 reason am, remember say u cash out last yr even laff us sef, life na turn by turn e go still bounce back na pple wey no too hold moni wey dey cry
Re: Bitcoin Drops Below $20k by samdavjustin(m): 10:35pm On Jun 18, 2022
Muchmore024:
I've been aware of BTC since 2017. I've never put any money into it or any other cryptocurrency. I exclusively use it to receive payment from my clients in the US. I use it for deposits and withdrawals as a forex trader. Prior to the start of this bear, when the price was 31k. As usual, I received a payment. So I forgot about the money in my trust wallet, which I was supposed to covert to USDT, but I didn't. The present price comes as a shock to me. From $31k to $19k. The thing dey pain me as I need the money now. And I can't withdraw it as the loss will be too much. I don't even know where to get money to complete what I'm supposed to use the money for. God go send me helper as usual sha

You better withdraw it asap, as someone who knows about world economic that thing is going below $1k. Real assets are falling, big tech companies are losing trillions as we speak. There is a recession coming in the US and it will affect everything, everywhere. Consider this your warning unless you know you can wait 3-5 years then leave it there.

3 Likes 1 Share

Re: Bitcoin Drops Below $20k by tonididdy(m): 10:38pm On Jun 18, 2022
Naaaaa as a pro-gambler who has seen the highs and lows.
I tell you, crypto was invented by a legion of the biggest bet companies & casinos
No ponzi scheme ever came and stayed.


...

Re: Bitcoin Drops Below $20k by Nobody: 10:39pm On Jun 18, 2022
Onariii:

No 2 reason am, remember say u cash out last yr even laff us sef, life na turn by turn e go still bounce back na pple wey no too hold moni wey dey cry
Mtchewww
Re: Bitcoin Drops Below $20k by Muchmore024: 10:40pm On Jun 18, 2022
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Re: Bitcoin Drops Below $20k by Dangrace01: 10:43pm On Jun 18, 2022
samdavjustin:


You better withdraw it asap, as someone who knows about world economic that thing is going below $1k. Real assets are falling, big tech companies are losing trillions as we speak. There is a recession coming in the US and it will affect everything, everywhere. Consider this your warning unless you know you can wait 3-5 years then leave it there.

Nawa oh
Re: Bitcoin Drops Below $20k by Dangrace01: 10:44pm On Jun 18, 2022
2elliot:
I laugh at those who believe in all these jargons of criptocurrency and others. The average person will never win, only the establishment. And there is a world wide conspiracy to impoverish the world. And, so the attacks on the global food, religions, economy, health, e.t.c is ongoing. The luciferian reptalians, are out to destroy mankind through every means possible. You may not take seriously what I am telling you, but if your eyes are open, you will know that this is no longer chance, neither a coincidence but a pattern. A world wide depression is fast coming.

I watched a video on YouTube saying something similar
Re: Bitcoin Drops Below $20k by makforex(m): 10:44pm On Jun 18, 2022
No supprise in seeing bitcoin in selling position now, every fx currency is designed in a bull & bear direction.
Only the novices that hold their money in a currency trading for a longtime in one direction with the speculation that the particular currency ll always appreciate ll be the victim of this selling trend.
Forex exchange is all about buying and selling not only buying or selling alone.
Note: I trade binary options for a living.
So if u are interested in binary options trading u can halla me.

1 Like

Re: Bitcoin Drops Below $20k by geesilver(m): 10:54pm On Jun 18, 2022
BIGDADDY000:
Nothing is sure these days, even nothing like SURE 2 ODDS, cryptos were also down, Buhari and his cohorts are doing there own, Soap self no bring money, No where to run to, wetin person go dey chop now.
Na grace.....

1 Like

Re: Bitcoin Drops Below $20k by LINSAR: 11:01pm On Jun 18, 2022
bbstarr:
We move.. cheesy
The first thing you must have before venturing into crypto is a stone heart.
Hope it will still rise?
Re: Bitcoin Drops Below $20k by NessFortunate: 11:03pm On Jun 18, 2022
salem1996:
I don't know what to say, but permit me to say NOTHING sad

crypto done make you dey para dox(dose) lmao. Hope you invest NOTHING?
Re: Bitcoin Drops Below $20k by jamesversion: 11:12pm On Jun 18, 2022
Prayfortheworld:
I don cry tire
It's well

I lost over 23k dollars to ALT coins

Almost 14m Naira hey God embarassed
I for go buy Mercedes ML 2013 model rest

Me wey lose 3M for one business days ago, i wan cry. I Don see person wey lose 14M.

It is well.

1 Like

Re: Bitcoin Drops Below $20k by philipobiz: 11:13pm On Jun 18, 2022
Ballzproblemm:
a speculative asset , made valuable by bunch of gamblers. that Called themselves investors , cheesy, I no they pity anybody wey lose money ,cause the truth is that that virtual coin has no real worth
Tell that to the gods. If you don't know, you don't know.

Robert Kiyosaki the author of Rich Dad Poor Dad. Elon Musk the richest man in the world who invested in bitcoin are bunch of gamblers ne?

How will you know wether it has real value when you don't know what it is. And you have never used it.
Re: Bitcoin Drops Below $20k by InvertedHammer: 11:15pm On Jun 18, 2022
/
People get involved in games they don't understand. They get lucky and turn to braggarts. Crypto went from $3trillion capitalization down to $1 trillion. It gets worse. Celsius may be insolvent which means kiss your money good bye. Binance won't let people withdraw their remaining funds. Sound like MMM right? Oh well...

Now what's a smart thing to do? Start building long positions for a bounce as Shorts cover.

/

1 Like

Re: Bitcoin Drops Below $20k by Emmanuel909090: 11:21pm On Jun 18, 2022
My cash is gradually loosing value and I can't even sell because of the massive loss
Re: Bitcoin Drops Below $20k by studentofTruth: 12:01am On Jun 19, 2022
Toks2008:


Guy please buy right away. You will buy plenty cow in the nearest future to make suya,


https://www.youtube.com/watch?v=71fHxc2btj4

Bro, which indicator are you using for that trend line? Is it a moving average, and which type of moving average and the period?
Re: Bitcoin Drops Below $20k by freemi(m): 12:04am On Jun 19, 2022
darediamond:

NO. WAIT TILL JULY 24 WHEN THE EMA LINES ON WEEKLY CHART CROSS.
AFTER THAT CROSS, THE PEOPLE WHO IS CAUSING THIS ARTIFICIAL RECESSION WHO LEAVE THE MARKET TO RISE AGAIN.

ONCE YOU KNOW HOW THIS WORLD IS ORGANIZED by these dark world men headed by the chief Olympians Queen Elizabeth Of England, You Never Be Caugth Unaware Of Any Of The Bad Days That Have Been Organized to come forth by those satanic idol worshippers
hm will read about it. .
Re: Bitcoin Drops Below $20k by freemi(m): 12:05am On Jun 19, 2022
redcliff:


600-700 should be your call. If you get enough now, you can DCA.
I will wait n see how it goes.
Re: Bitcoin Drops Below $20k by Small1020: 1:11am On Jun 19, 2022
Message me introduce a good real estate you can invest into. Register and get buyer for land or any property you get a percentage.
Re: Bitcoin Drops Below $20k by grandstar(m): 2:03am On Jun 19, 2022
I suspect Bitcoin might drop to $12,000 if the Fed rates touch 6%. This would be disastrous.

At such a value, I'll have only one advice for anyone and that is: buy bucketloads of bitcoin.

Even if fed rates dont touch 6%, buy if the price hits $15,000. The price should rebound reaching $40,000 in 5 years tops. This tight money will not last forever. I feel by 2025 at most, rates will begin to drop after inflation has been slayed.

2 Likes 1 Share

Re: Bitcoin Drops Below $20k by legionISproteus: 2:08am On Jun 19, 2022
makforex:
No supprise in seeing bitcoin in selling position now, every fx currency is designed in a bull & bear direction.
Only the novices that hold their money in a currency trading for a longtime in one direction with the speculation that the particular currency ll always appreciate ll be the victim of this selling trend.
Forex exchange is all about buying and selling not only buying or selling alone.
Note: I trade binary options for a living.
So if u are interested in binary options trading u can halla me.



This is also gambling my friend. Don't think your $1000 un your live account ever makes it to the real world. Took me over a decade to realise it. Channel your energy into something more tangible and productive.
Re: Bitcoin Drops Below $20k by Morphinne: 2:17am On Jun 19, 2022
lalasticlala:


https://www.google.com/amp/s/www.coindesk.com/markets/2022/06/18/bitcoin-plunges-below-20k-for-first-time-since-dec-2020/%3foutputType=amp
Well all I have to say is that this is the right time to invest. Buy the dip now that it’s buyable. Crypto is here to stay. But then again, crypto trading is not for the faint-hearted and not a get-rich-quick scheme. So never should you put money you can’t afford to lose.
Re: Bitcoin Drops Below $20k by jaephoenix(m): 2:55am On Jun 19, 2022
Vaughanlanrewaj:

It seems pointless explaining this kind of untruthful comparison but let me try .

when I buy stocks of Dangote cement, Dangote cement uses my money to produce a value called cement which it sells at a profit that people pay for to build their houses and other constructions. Dangote earns the profit and shares it as dividend.

If Dangote makes a loss, I can still hold on to my stocks of Dangote or sell to an investor willing to wait until Dangote makes a profit or until when a new owner takes the company like it happened in Dangote flour when it was bought by Olams with all its machineries and land assets etc and eventually got delisted and all the shareholders paid. The price rallied from less than N1 to over N20! That is value ! That is stocks investment and it is regulated by law.

Unlike Dangote, your cryto does not create value and earn no profit to share as dividend, you just hope that a greater fool is willing to pay more for something worthless. It is a ponzi.
This is the most illiterate and ignorant description of crypto which can only come from people that haven't studied it
1. Crypto actually creates jobs. You can freely check projects like Binance which alone employs people worldwide who work from home. Other organizations like Huobi, Kucoin etc follow
2. Crypto companies have shares like Dangote. Obviously u haven't heard of Coinbase etc that had IPOs which was regulated by SEC. Their shares were worth good money, so even when Coinbase makes losses, investors can still earn, even bigger than multinationals
3. Crypto provide value. Multicorps like Microsoft, Coca Cola, Nike etc adopt some blockchains like Ethereum etc. You probably don't know anything about blockchains, so I'll spare you some pain
4. Crypto is a store of value. People can actually buy and keep it, but unfortunately these economic times affected every financial instrument. Everyone knows there's a global crisis which was a domino effect from covid pandemic. I don't know why you didn't know before. The US Fed Reserve action is like a domino effect that caught every financial instrument, not just crypto. Inflation is on ATH in many countries and not just Nigeria, so the US is doing all they can through the Fed Reserve 0.75% increase to put more money on government coffers. So stocks etc tanked, in fact NASDAQ and SP500 lost more than 100 trillion during this time, and I didn't hear people wail. Crypto had a market cap of 2 tr and lost 1tr or so, and the whole world is shouting 'kill it, murder it's
5. I'm sure u must have somehow heard of NFTs. It's a product of crypto and many celebrities from Snoop Dogg, Serena Williams, Jay Z, Jack Dorsey etc do it. Jack Dorsey, a bitcoin maximalist added crypto as a means of payment in Twitter. Yes, check your Twitter, its there. Now Elon Musk, another crypto warlord is in the helm, we think he would use Dogecoin his pet coin
So my good brother, always research before speaking

4 Likes 1 Share

Re: Bitcoin Drops Below $20k by jaephoenix(m): 3:04am On Jun 19, 2022
InvertedHammer:
/
People get involved in games they don't understand. They get lucky and turn to braggarts. Crypto went from $3trillion capitalization down to $1 trillion. It gets worse. Celsius may be insolvent which means kiss your money good bye. Binance won't let people withdraw their remaining funds. Sound like MMM right? Oh well...

Now what's a smart thing to do? Start building long positions for a bounce as Shorts cover.

/
Im tired of correcting lies like this
1. Crypto never got up to 3tr, sir. Highest it got was 2.1 or 2 tr
2. Yes, Celsius is insolvent but it market cap constitutes a tiny fraction of the whole crypto market cap, so the effect isn't felt by many
3. Bros, Binance allows fund withdrawal. It just stated that withdrawal in Ethereum chain USDT was paused cos of backlog, and transactions were moving slowly, but withdrawal via other chains like BSC, Fantom, Polygon, Tezos etc were all good. So all one has is to withdraw via those chains and even pay a less transaction fee cos Ethereum chain has high gas costs like $2.5 and those other chains are cheap like $0.01 or so
4. And please how does the current global economic crisis sound like MMM?
Una go just wake up, spin one tale, begin spread FUD
Re: Bitcoin Drops Below $20k by MarketDispatch: 3:15am On Jun 19, 2022
jaephoenix:

Judging by your analogy, forex, stocks etc are all scams since they have lost more money than crypto, within this same period

Yes they are scams. You put in cold hard cash, computer program parameters goes up a little to show green that you are making money, you then broadcast and call in more people who put in cold hard cash, computer program parameters go up a little to show more green that people are making money, more broadcast for more people who put in more cold hard cash, then the programmer sets the computer program parameters on any flimsy news to start going against everyone that put in money, showing red, and wiping off their cold hard cash.

Easy 419, no one will call the programmer a Fraudster because people who put in money view it as market going down or dipping but no one bothers to check the bank account of the programmer (to know where the money disappeared to)

1 Like

Re: Bitcoin Drops Below $20k by MonsterLoader: 3:18am On Jun 19, 2022
millhouse:
I love your lips baby wink

Weiten they for that her big knpomo lip? Useless simp

1 Like

Re: Bitcoin Drops Below $20k by MonsterLoader: 3:28am On Jun 19, 2022
Toks2008:


Guy i dont know how you guys invest in crypto but let me burst your bubbles, i have never put a kobo in crypto but i only do currency and i am extremely good in chart analysis.

So a friend asked me to look into Bitcoin chart for him and i did for the very first time around march last year then i saw the possible crash and i made my first video based on that.

So i said i will invest as soon as te bearish correction is over and you can go watch all the videos as i kept maintaining the same stance that the bearish move is not over.

So sorry you lost so much but there is no better time to buy but this time put as little as 3k and use a very minimal size ib terms of lot of whatever parameter used on the platform you use and watch it grow.

Trust me on this, Bitcoin is going to appreciate to as high as 200k to 1 bitcoin and it may happen in months or years and when it does, you will make back your money then come back to say thank you to me.

Infact my india friend is so happy that he waited as i advised him and likewise the few people i showed my analysis.


Boss please advise. When exactly should I buy the bitcoin?

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