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Nairaland Forum / Nairaland / General / Investment / Bitcoin Drops Below $20k (38969 Views)
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 jaephoenix(m): 3:43am On Jun 19, 2022 |
MarketDispatch:Lol. I had heard lots of FUD, but brother, this one takes the FUD crown 1. Please who is the programmer you're referring to? You? 2. So u call stocks and shares scams too? Interesting Please answer these questions, if u can't, hire your FUD brothers here to chip in their FUD theories , lets be merry 1 Like |
Re: Bitcoin Drops Below $20k by Hotice085: 4:18am On Jun 19, 2022 |
Ballzproblemm:. Na paper money being printed by government and their cabals nia him get value abi? You have inflation, Rising interest rate, Rising fuel, oil and gas price, recession, global supply problem, War, famine etc and the only shit you can utter is Crypto na SCAM Men you are a nothing but a complete village Palm wine tapper looking for cheap fame |
Re: Bitcoin Drops Below $20k by Toks2008(m): 4:29am On Jun 19, 2022 |
studentofTruth: 140 smooth moving average. |
Re: Bitcoin Drops Below $20k by Toks2008(m): 4:33am On Jun 19, 2022 |
MonsterLoader: You can buy it right now but it will be buy and forget cos no matter the gragra, Bitcoin will eventually not go below 15 to 12k before moving up for good and this time it will most likely get to 200k to 1bitcoin. So buy now using a very very small risk exposure |
Re: Bitcoin Drops Below $20k by jaephoenix(m): 4:34am On Jun 19, 2022 |
Hotice085:Bros, a lot of crypto ignorant peeps full this nairaland. It's so funny |
Re: Bitcoin Drops Below $20k by jaephoenix(m): 4:35am On Jun 19, 2022 |
Toks2008:Actually, a 200 week moving average is a better indicator, IMO 1 Like |
Re: Bitcoin Drops Below $20k by Toks2008(m): 4:37am On Jun 19, 2022 |
jaephoenix: There is really no better one. I use many types to analyse but the more lagging the better. Moving averages must be combined with good oscillators to ascertain the strength of a trend. |
Re: Bitcoin Drops Below $20k by Yinksy09(m): 5:33am On Jun 19, 2022 |
Hopefully it goes up very soon. You can buy your BTC at a very good rate from Yellow card.
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Re: Bitcoin Drops Below $20k by zarakikenpa(m): 5:49am On Jun 19, 2022 |
SweetJoystick: |
Re: Bitcoin Drops Below $20k by Shakitibob0: 6:16am On Jun 19, 2022 |
Toks2008:Bro... on what time frame did you make that buy CALL and what moving average is that? |
Re: Bitcoin Drops Below $20k by Shakitibob0: 6:41am On Jun 19, 2022 |
darediamond:what EMA bro? 21 and 50? |
Re: Bitcoin Drops Below $20k by studentofTruth: 6:42am On Jun 19, 2022 |
Toks2008: Never say never. Considering the macroeconomic situations across the globe, which ain't gonna improve in a twinkle, BTC may kiss the 3-5k region before effectively reversing. The 10-12k support can still break if inflation still persists and the Fed rates don't get back to zero. Recession is just beginning but inflation is still high. Fed would be confused to tackle the inflation with more rate hikes, which would definitely usher in full-blown recession, or try to tackle the anticipated recession by keeping rates low, which would worsen inflation. No one knows which way they would take. But whichever direction they take, recession would eventually come. 2 Likes |
Re: Bitcoin Drops Below $20k by studentofTruth: 6:44am On Jun 19, 2022 |
Toks2008:Okay, thank you. Please may I know the reason for 140, ñot 200 or 180, 0r 250. |
Re: Bitcoin Drops Below $20k by TheGift: 6:48am On Jun 19, 2022 |
bbstarr: And a block head? |
Re: Bitcoin Drops Below $20k by LieDetector(m): 7:27am On Jun 19, 2022 |
Mariangeles:nairaland folks are so guilty Join me in educating them na |
Re: Bitcoin Drops Below $20k by Reference(m): 7:31am On Jun 19, 2022 |
tenpipsperday: No sir. The best time to buy is after a long, long time in school.... either behind a desk or in the school of hard knocks. You see the problem with most of the world including Nigeria is that folks put their 'hope' into things they do not understand simply because others are just plain lucky. But the problem is that luck can run out. They often fail to understand that every set scenario they see is a accumulation of specific things working in a set environment to produce those results they envy. Such that once a parameter fails the whole scheme comes crumbling down. A lame example is a fellow interested in investing in raising chickens for sale. There are successes and there are stories of dramatic fails. The cover of the book may say it is a great business or a terrible scam depending on whose experience is behind the write. Now if I do not read and assimilate the details behind the experiences I may just feet first into poultry business and situate my pens at the edge of a forest where I will end up feeding pythons, jackals and vandals then I will write my own sad story. That is the lot of the bulk of so called investors. They take one success story and run with it without understanding the environment necessary to make their 'investments' succeed and not understanding the perfect set of circumstances that require a knife edge balance to keep those investments in the black. So like cryptos they felt it can only go up and up.... then Covid came..... then Putin came.... then... So better go to school before Ghengis Khan rises from the grave to shake the world to bits.... 4 Likes 2 Shares |
Re: Bitcoin Drops Below $20k by Jacksparrow7(m): 7:33am On Jun 19, 2022 |
The future is bright |
Re: Bitcoin Drops Below $20k by showafrica(m): 7:51am On Jun 19, 2022 |
Prayfortheworld: How did you lose the money, did you sell them off at a loss? If you did not sell them yet, the money is not lost, it only went dip and gonna get dipper. By October, BTC will retrace to 46k and balance at 30k support. The next thing go be catapult to $180k. This will happen between now and 2025. For now, more vawulaence is coming because it's heading to 10k and it may stay at 6k for a while. I have been trading and mining crypto for over 8yrs. Surprisingly, I am not a whale yet because of the same mistakes you want to make now. Just chill 6 Likes
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Re: Bitcoin Drops Below $20k by UyaiIncomparabl(f): 7:52am On Jun 19, 2022 |
chatinent: LMAO. They are all crypto and forex traders. 1 Like 1 Share |
Re: Bitcoin Drops Below $20k by princewarri1985: 7:53am On Jun 19, 2022 |
lalasticlala:this is the best time to buy bit coin because the smart ones will start purchasing now, it's a simple arithmetic and be rich tomorrow. |
Re: Bitcoin Drops Below $20k by UyaiIncomparabl(f): 7:57am On Jun 19, 2022 |
I think this is the best time to buy the dip. Make e reduce reach 500-1000$ so broke people like me go fit buy abeg. Last last, to carry Man-U straight win still come sure pass Bitcoin o. 3 Likes
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Re: Bitcoin Drops Below $20k by Onliie(m): 7:59am On Jun 19, 2022 |
Prayfortheworld:How much percentage of the money did you make through bitcoin? |
Re: Bitcoin Drops Below $20k by Prayfortheworld: 7:59am On Jun 19, 2022 |
showafrica:How sure are you it's going to 10k |
Re: Bitcoin Drops Below $20k by Shegzdave: 8:01am On Jun 19, 2022 |
UyaiIncomparabl: 1 Like 1 Share
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Re: Bitcoin Drops Below $20k by Prayfortheworld: 8:02am On Jun 19, 2022 |
Onliie:I don loose almost everything i don't trade BTC i trade Alt coins |
Re: Bitcoin Drops Below $20k by Whisk(m): 8:12am On Jun 19, 2022 |
Let It fall the more so that we can use it to buy pizzas. 1 Like |
Re: Bitcoin Drops Below $20k by Mariangeles(f): 8:19am On Jun 19, 2022 |
LieDetector: My signature space is already full. Otherwise, I would've added It's I'M not AM! |
Re: Bitcoin Drops Below $20k by Toks2008(m): 8:32am On Jun 19, 2022 |
studentofTruth: No ma can be used in isolation but if you use 35,70,140,280 smooth you will have a clear picture of the trend in any given time frame.try it |
Re: Bitcoin Drops Below $20k by Toks2008(m): 8:33am On Jun 19, 2022 |
Shakitibob0: Weekly time frame and that is 140 smooth ma |
Re: Bitcoin Drops Below $20k by Toks2008(m): 8:36am On Jun 19, 2022 |
studentofTruth: See at this point, whether it moves lower to even 5k, it won't have much effect on buyers capital if you use a minimal lot exposure. For instance if you put $3k to buy and it further goes lower to 5k before going up, your money might reduce to maybe $2500 which won't bother you. So buying now is the most ideal thing to do. 1 Like |
Re: Bitcoin Drops Below $20k by Dmama1991: 8:43am On Jun 19, 2022 |
Mine i took loan and invest now am regretting , anyone to help me please |
Re: Bitcoin Drops Below $20k by Muchmore024: 9:05am On Jun 19, 2022 |
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