Topic: AND YET ANOTHER FALL; A dip or A dump. (Read 640 times)
You don't have to be concerned about every drop; as a cryptocurrency or forex trader, you should be aware that one of the factors at play is the up and down movement of a currency, which results in day trades, so never expect a market to remain steady. Though the recent downturn has kept everyone on their toes, they believe it is poised to dip again.
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People should really think off about the probabilities so that they wont freak out on the time the price had plummet or made out some crash.Volatility does have its pros and cons and you should have been awareon the time that you had stepped into this market.Somehow being a noob could really have these kind of mistakes but once you do get some experience then you would really able to ignore and rather
see opportunities rather than on whining out on times like these.You should know on what to do and not just screaming out everytime the price drops.
At that end of the day there is a reason why we call crypto "volatile" and this is one of the reasons. We do not call it crashing, we do not call it skyrocketing, we call it volatile. Reason for that is the simple fact of bitcoin (and altcoins) go up and down. I personally believe that we should definitely not be too much excited about the potential of a bigger drop, because it doesn't seem to be crashing at all right now.
It means that it may recover very soon. I understand that people are changing, back in the day people used to feel dread and upset whenever price went down, nowadays people are happy that they are buying at lower prices again. This is a marvelous change that will help crypto in the future. If we keep this optimism going for a while longer, it is only matter of time to see 100k+ become reality and imagining that 10k was a big break through for us, having 100k is seriously awesome.
People should really think off about the probabilities so that they wont freak out on the time the price had plummet or made out some crash.Volatility does have its pros and cons and you should have been awareIt means that it may recover very soon. I understand that people are changing, back in the day people used to feel dread and upset whenever price went down, nowadays people are happy that they are buying at lower prices again. This is a marvelous change that will help crypto in the future. If we keep this optimism going for a while longer, it is only matter of time to see 100k+ become reality and imagining that 10k was a big break through for us, having 100k is seriously awesome.
on the time that you had stepped into this market.Somehow being a noob could really have these kind of mistakes but once you do get some experience then you would really able to ignore and rather
see opportunities rather than on whining out on times like these.You should know on what to do and not just screaming out everytime the price drops.
At that end of the day there is a reason why we call crypto "volatile" and this is one of the reasons. We do not call it crashing, we do not call it skyrocketing, we call it volatile. Reason for that is the simple fact of bitcoin (and altcoins) go up and down. I personally believe that we should definitely not be too much excited about the potential of a bigger drop, because it doesn't seem to be crashing at all right now.
It means that it may recover very soon. I understand that people are changing, back in the day people used to feel dread and upset whenever price went down, nowadays people are happy that they are buying at lower prices again. This is a marvelous change that will help crypto in the future. If we keep this optimism going for a while longer, it is only matter of time to see 100k+ become reality and imagining that 10k was a big break through for us, having 100k is seriously awesome.
It means that it may recover very soon. I understand that people are changing, back in the day people used to feel dread and upset whenever price went down, nowadays people are happy that they are buying at lower prices again. This is a marvelous change that will help crypto in the future. If we keep this optimism going for a while longer, it is only matter of time to see 100k+ become reality and imagining that 10k was a big break through for us, having 100k is seriously awesome.
You don't have to panic about every dip, as a cryptocurrency trader or fx trader you should understand one thing involved is the up and down movement of a currency that results as day trades so never expected a static market.
Though the few days dip kept everyone on a suspends think is about to be dip again.
Haha 🤣
dip give us an opportunity to open position in crypto market, investors or traders mind need to changed if they want to survive in crypto market. alot investors scare buying any coins while price rising , but they also afraid buying while price drop. isn't it really funny for us? in crypto we should take risk for gain , no one able earn profits without suffering loss.Though the few days dip kept everyone on a suspends think is about to be dip again.
Haha 🤣
It's unusual if you just keep gaining profits without suffering losses, trading is not alone for the benefits but there's also chances that you might made mistake or the changing trend will caught you and let you got stuck with the market dump.
It's more on how you work it out and try to find ways to recover and get something good after adjusting your strategy.
Not all are gainers most of the time there are more losers but always up to you if how you treat things o favor your investment.
And yet another increase. We should not be really too much connected to any increase or decrease; they are always temporary. We live in a crypto world where the long term is always higher, and the short term is always volatile. If you keep looking at the short term all the time and imagine that’s how it will go then you are going to end up losing money all the time. Obviously, there are periods when it takes time before it can go up, look at 2018 and you will see that it wasn't nice, but even in that period we had so many times when it moved up and down as well.
So long story short, do not think every drop has a bigger meaning behind it, it is just a drop, sometimes they need to happen so we can go up again and then down again. This period has been nothing but hectic people claiming terrible stuff is going on, but in reality is another boring fall that will be 50k+ again.
So long story short, do not think every drop has a bigger meaning behind it, it is just a drop, sometimes they need to happen so we can go up again and then down again. This period has been nothing but hectic people claiming terrible stuff is going on, but in reality is another boring fall that will be 50k+ again.
You don't have to panic about every dip, as a cryptocurrency trader or fx trader you should understand one thing involved is the up and down movement of a currency that results as day trades so never expected a static market.
Though the few days dip kept everyone on a suspends think is about to be dip again.
Haha 🤣
Though the few days dip kept everyone on a suspends think is about to be dip again.
Haha 🤣
From my point of view altocoins are in uptrend, market will recover soon but btc will definitely might take some correction. This type of market crash has been happening on many occasions but market comes with recovery in short times. Crypto is very much new to people so money will be come so no question of big crash there will be profit again and again. Thank you
Looks like you need to drink coffee today, how about altcoins that are in an uptrend while bitcoin will experience another correction? did you sleep when bitcoin corrected two days ago ? which is also shared by all the altcoins in the market, and who is to say that Crypto is very new to people? while cryptocurrencies have been around for the past 10 years, it looks like you've been really asleep this whole time. Btc gave a surprising dump yesterday that left everyone almost speechless, and alts always pay the consequences, the whole market was bleeding yesterday that I couldn't look at my portfolio anymore, let's hope this is temporary, soon everything will come to normal, dip is good only when you have extra cash available to spare, many good coins are in discount now.
I'm pretty sure this price drop is only temporary. when the price dumps, I also no longer see the portfolio that I have. in addition, when the price goes up, the potential to go down also remains. I think that there are some people who are really targeting the $50k range to sell their assets. this is evidenced by the decline to the price of $ 43k in a short time. Apart from that, based on price analysis mentioned in several online magazines, it is stated that if the price of bitcoin decreases, it is possible that the price could reach $42k, while if resistance rises, then the price could reach $48k, it could even continue to the point of $52k again. I hope the price goes up soon.Well, it could be happen, that there are some people who are targeting the $50,000 to sell their assets. so it made the market unstable and had another dip in just 1 night. but, the price of bitcoin has increasing a little bit now and reach $46,000. I believe that the price of bitcoin will slowly go up again and reach $50,000.
Btc gave a surprising dump yesterday that left everyone almost speechless, and alts always pay the consequences, the whole market was bleeding yesterday that I couldn't look at my portfolio anymore, let's hope this is temporary, soon everything will come to normal, dip is good only when you have extra cash available to spare, many good coins are in discount now.
I'm pretty sure this price drop is only temporary. when the price dumps, I also no longer see the portfolio that I have. in addition, when the price goes up, the potential to go down also remains. I think that there are some people who are really targeting the $50k range to sell their assets. this is evidenced by the decline to the price of $ 43k in a short time. Apart from that, based on price analysis mentioned in several online magazines, it is stated that if the price of bitcoin decreases, it is possible that the price could reach $42k, while if resistance rises, then the price could reach $48k, it could even continue to the point of $52k again. I hope the price goes up soon. 
from that we are taught about healthy investment strategies and controlling greed. with so many new altcoins turning to ashes, we must be careful in analyzing, on the other hand at least we should continue to invest in major coins, and take lucky actions on new altcoins with little capital, so that our funds remain healthy.
making our own fortune with new assets isn't really that bad. but we must realize that new projects are not always good for the long term. we must know very well when we should get out of the investment.
Then we should wait, using the simple strategy will make our life easier, in fact, investing here should not be complicated and we will understand it better if we study hard enough and experience trading for a long time. The opportunity will come even though the market is moving like it's not going down anymore, have we see how it fall from $64 ko to $29k? I think that's an example that sometimes we will not see the movement coming.
Even the most simple strategy in the market which is to buy and hold your coins is not easy to implement at all, there are several reasons for this, the first is that it is extremely difficult for regular people to keep holding their coins when there is a very heavy correction as they begin immediately to imagine scenarios in which bitcoin goes to zero, the second reason is the assets you are holding, many like to invest in altcoins and those coins do not have fundamentals as strong as bitcoin which make their volatility even higher and this makes them harder to hold.I agree with you that it is not very easy sometimes just to follow your strategy and keep holding. Nevertheless we should learn how to be disciplined. Also I would recommend those who imagine scenarios of how bitcoin is falling to zero invest only in projects that they have investigated and they really believe in. They should scip different shit coins as they can really fall to zero, which is impossible to Bitcoin.
Then we should wait, using the simple strategy will make our life easier, in fact, investing here should not be complicated and we will understand it better if we study hard enough and experience trading for a long time. The opportunity will come even though the market is moving like it's not going down anymore, have we see how it fall from $64 ko to $29k? I think that's an example that sometimes we will not see the movement coming.
Even the most simple strategy in the market which is to buy and hold your coins is not easy to implement at all, there are several reasons for this, the first is that it is extremely difficult for regular people to keep holding their coins when there is a very heavy correction as they begin immediately to imagine scenarios in which bitcoin goes to zero, the second reason is the assets you are holding, many like to invest in altcoins and those coins do not have fundamentals as strong as bitcoin which make their volatility even higher and this makes them harder to hold.I agree with you that it is not very easy sometimes just to follow your strategy and keep holding. Nevertheless we should learn how to be disciplined. Also I would recommend those who imagine scenarios of how bitcoin is falling to zero invest only in projects that they have investigated and they really believe in. They should scip different shit coins as they can really fall to zero, which is impossible to Bitcoin.
And this happened again yesterday. Looking critically at it, while market correction is normal and expected, the dump that occurred yesterday wasn't organic.
Don't be so surprised, it is just happening in a short time. I am sure it will end in the next few days. Look at the market today, it begins to have a positive trend anymore. The dump that happened yesterday was likely as a manipulation done by some big whales. They tried to take advantage of El Salvador citizens who criticized their president to legalize Bitcoin as a legal tender. I also heard that Coinbase may have a problem with SEC, but it looks like a drama only. They use their power to influence the market trend. It is actually very annoying.
And this happened again yesterday. Looking critically at it, while market correction is normal and expected, the dump that occurred yesterday wasn't organic. It appeared as if it was coordinated, and some big whales got some inside information and liquidated all long positions. Many CEXs went offline during this period and it was later that we got to hear that SEC was going to file a lawsuit against Coinbase Lend product.
Btc gave a surprising dump yesterday that left everyone almost speechless, and alts always pay the consequences, the whole market was bleeding yesterday that I couldn't look at my portfolio anymore, let's hope this is temporary, soon everything will come to normal, dip is good only when you have extra cash available to spare, many good coins are in discount now.
From my point of view altocoins are in uptrend, market will recover soon but btc will definitely might take some correction. This type of market crash has been happening on many occasions but market comes with recovery in short times. Crypto is very much new to people so money will be come so no question of big crash there will be profit again and again. Thank you
Then we should wait, using the simple strategy will make our life easier, in fact, investing here should not be complicated and we will understand it better if we study hard enough and experience trading for a long time. The opportunity will come even though the market is moving like it's not going down anymore, have we see how it fall from $64 ko to $29k? I think that's an example that sometimes we will not see the movement coming.
Even the most simple strategy in the market which is to buy and hold your coins is not easy to implement at all, there are several reasons for this, the first is that it is extremely difficult for regular people to keep holding their coins when there is a very heavy correction as they begin immediately to imagine scenarios in which bitcoin goes to zero, the second reason is the assets you are holding, many like to invest in altcoins and those coins do not have fundamentals as strong as bitcoin which make their volatility even higher and this makes them harder to hold.
Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.
Well, thats how crypto works the movement is unpredictable. Either dip or dump, it depends on the certain coin because if we're pertaining to an establish coins regardless how the price decreased, still, it can bounce back in due time since it has utility that keep the coin to have a worth.Currently the market is in bullish trend, btc at this time has a price of $51k, in span of few weeks the price recover and its not impossible to reach the ath again or might surpass it before this year end.
Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.
It always happens when BTC falls, alts fall too and when BTC rises again they fall because Bitcoin Dominance Index goes up which reflects money flow from Alts to Bitcoin. When Bitcoin get stabilized as well as Dominance Index comes down the Alts Markets starts performing. This is the lesson of history in crypto space. I am quite sure when BTC Price will move side ways but stays above 50K then we will again see Rally in Alts.
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