Bitcoin dipped. Will the crypto party resume？

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$Bitcoin (BTC.CC)$, the world's most actively traded cryptocurrency, fell as low as $17,628on Saturday before rebounding. It has fallen Show More

$Bitcoin (BTC.CC)$, the world's most actively traded cryptocurrency, fell as low as $17,628on Saturday before rebounding. It has fallen about 70% from its all-time high of nearly $70,000. Another leading cryptocurrency, $Ethereum (ETH.CC)$, is now at around $1,100. The recent freefall has shaken faith in cryptos.
A netizen has mentioned that "throwing 30% of your account in Bitcoin today is the same cost as if you were to go all-in at the top."
Althoughthe statement seems to be logically correct, unknown risks remain in the digital assets that might have no intrinsic value.

Since almost everything is "on-sale" now, which option would be better? Is it buying stocks or cryptos? Why?
Would you elaborate on your thoughts?

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noopz

Jun 20, 2022 05:32

"Bitcoin is going to fall to $12,000 soon - here's why," says Mad Money's Jim Cramer.

$Bitcoin (BTC.CC)$ $Dogecoin (DOGE.CC)$ $Ethereum (ETH.CC)$ Mad Money host Jim Cramer predicts the price of bitcoin will fall to $12,000. Nonetheless, he recommends bitcoin and ethereum to anyone who wants to invest in cryptocurrencies.
"I think people involved in bitcoin need to take a different stance," the Mad Money host noted. "We need some people to say, 'Look, this is the level.' That's typically what happ...

Bitcoin dipped. Will the crypto party resume？

gas 1126

Jun 21, 2022 04:52

Jim Cramer Expects Bitcoin to Fall to $12,000

I was on the fence but since he made this prediction I think ill buy more right now.
CNBC’s Jim Cramer says he "thinks $Bitcoin (BTC.CC)$ BTC goes to $12,000, where it was before this whole fiasco began."
BTC made a new 2022 low of $17,592 this weekend. Do you think $BTC might trade as low as $12,000?
$Coinbase (COIN.US)$ $AMC Entertainment (AMC.US)$ $Ethereum (ETH.CC)$

Bitcoin dipped. Will the crypto party resume？

ProTraderMark

Jun 21, 2022 04:57

Don't take out a loan to buy cryptocurrency, it's stupid.

Seen a post saying a guy took out a loan to buy crypto because it seemed a good deal right now. It is a good price if you have your own money to invest, borrowing money from a bank to invest in crypto even if it's low APR% it's not advisable and you shouldn't do it. Losing your own money might sound bad, but imagine you've lost borrowed money, which you'll have to pay back eventually. A simple quote that everybody heard a dozen times; don'...

Bitcoin dipped. Will the crypto party resume？