Topic: AND YET ANOTHER FALL; A dip or A dump. - page 3. (Read 640 times)

Just because we had a dip doesn't mean that we will continue to dip again. We have seen so many dips in the past that ended up with a correction and recovery to a higher level, same will happen once again, I do not believe that we would end up with anything specific that would hurt us in the near future.

Sure it is not 50k anymore like what we assumed it will be like, but that doesn't change the fact that it is not something that is like 20k neither, it is only 47-48k and that is very close meaning that it will be doing fine in the near future, just like how it was 48k and dropped to 44k and went up, same thing. Long term trajectory of bitcoin is 1+ million dollars, no idea when but it will happen, and we are just at the start of that run.

Btw If you look at a chart you will never see it having only one kind of pattern like in this case bullish candles only.
Market Price has to move in such a way that it builds momentum going up so in simple terms  price has to sell(dip briefly not dump) before the major move going up,sometimes it manipulation at play to take out any liquidity at the bottom before it goes up which can be mistaken for a dump.

Bullrun ? who told you that all of us believe in this one? lol are you joking? because i am not in belief that this is Bullying instead what i think is the market in moderated movement now and either bull or Bear.
correction happens when there is an uptrend or scenario in which the market bullied , but what happened now?
bitcoin already passed that level but never goes up more instead now the price subside to 46-47k again.

I'm not a fan of bitcoin cash. It is not a good coin to me. Gaming, Defi coins are having a significant move lately and that is why bitcoin cash slightly reduce its value.

Bitcoin will surely have a big catastrophe in the next few days. I have seen many signs recently, and a big drop can occur at any time. In addition, people overbuy altcoins recently and right now, whales are trying to manipulate the price in order to create a big sell-off.

The falls must always be seen as an opportunity, in this case the market in general has fallen a bit, some alts have grown more than normal, in the case of a currency that is rising, the BCH reacted negatively, of a level greater than 700usd is now at 636usd:

Source: https://cointelegraph.com/news/price-analysis-8-25-btc-eth-ada-bnb-xrp-doge-dot-sol-uni-bch

The least that the price of BCH can fall is around 550 USD, I think that the bears the only way they can be successful is if the BTC falls, but as it is reaching almost $ 50k it can continue to produce for many alts pleasant surprises.

However, I am sure that all people here must know that we are in bullrun and it still continues. Yes, correction is a part of bullrun, it can happen anytime like today. We can see most crypto coins prices are decreasing today but I think it won't last a long time. When Bitcoin price can pass $50k again, the prices of all altcoins probably will start to jump again. I don't see that we have a sign of a downtrend in the near future, so I am confident to see the green market again in the next few days.

That's a long way to go, bitcoin has to stay stable at $50k, but unfortunately, it was not able to keep that price and fall. Though the dump now is just with a very small amount, it's not looking good as major altcoins area affected, or safe to say, the altcoins market. I know we've seen this before that when it dumps, it bounces back, but we can also see an opposite scenario which is another dump like bitcoin reaching $28k months back.

Some dips are usual because the prices can't keep going up, sometimes it needs to correct and hence when it does, the market turns to red but that doesn't not change the narrative that the bull run is already upon us. The funny thing is, many people were already waiting and anticipating for it, so that they can get various entries into their desired altcoins or altcoins they have had on their radar for long. Also, you should be mindful of what you listen to, that is, a lot of people went into USDT when the market was bad, and were not able to get in before the market left them, such persons all their analysis has always being market dump so as to get an entry but yet Bitcoin is not giving in, it keeps maintaining a good price range and keep trying to remain strong.

Well looking at the 1 day charts the trade volume is narrowing and the price has consolidated. I personally have a feeling that we're gonna have a run up and not a dip. BTC has been testing 60k and it wants to break free. Once it does, everything should make a run up with it.

What month does the ghost moon usually fall on? I've never heard of the ghost moon in my country and even anywhere else, so the problem of correction to the Bullrun could indeed be true because I've also seen market conditions like that in the past

Better to say that it's just another correction that will bounce back in no time, we all have our own anticipation

what is important is we do our research and not to judge up right away.

Market movement always indicates potentials, it's always your good decision making that will lead you to make

decent money from this business.

And even then this is just the beginning there is still a lot more to come and the best part is that the only thing that people need to do to be part of that growth is to simply hold their coins, they can trade their coins if they want but that is not really necessary since they are talking a risk that most people cannot afford to take, and even more importantly is how little time it took to reach this point, it only took bitcoin a little bit more than a decade to reach it which tell us of the incredible potential that bitcoin still has ahead of it during the next decade.
[/quote]
Patience is a thing that people should not be really worried about. It is literally doing NOTHING, how could people be really worried about doing nothing, it is not even patience really, it is just... not being addicted or something, and yes there are some people who are addicted to crypto and feel like doing something about crypto every day, no idea why but there are some.

It doesn't have to be trading, it doesn't have to be anything, it is just simply doing something in the crypto world, even if it is just tweeting about it. This is why I believe that we should definitely be doing "nothing", that's it. I would literally do nothing all day everyday if given chance, I really miss doing nothing, I used to do nothing for days, nowadays I rarely ever do nothing. Patience is overrated, it is simply just passing of time without you do ever interfering or having any power over it anyway.

The recent dump is just a healthy price correction and with this unpredicted market, it will always be expected. So no worries. The market remains stable this time as there has no record big dumps these days.

I think OP it's better to just enjoy on whatever is happening on the market. As long as this crypto market remains to be volatile, then you should not expect for its price to stay on top. It has its bulls and bears so when the current market is up, it will surely make price corrections in the later part. As long as you know when is the best entry and exit, then all will be fine. Just buy the dip and sell when its in peak. 

How can you determine a Dip or Dump? A few percentage drop in price? Its not really a solid indication that we are really heading down there until we do see it on our very own eyes
on whats happening in the market.

You would really just get yourself stressed out when you do really mind off always if its a dip/crash or dump.It cant be determined before the thing happens but you could able to
observe on how the market behaves.

Its totally unpredictable and this is why dealing with crypto market is never been easier on most people or by the majority.Experience and a mix of intuitive actions do matter.

Maybe we're experiencing another dump but not totally dip same with what's happening before. Let's just say that's a temporary correction which helps the price move upward, because every spikes needs to establish momentum. It would create bubble price speculations if there's a continuous rise, just calm down on this situation everything will be fine soon.

And even then this is just the beginning there is still a lot more to come and the best part is that the only thing that people need to do to be part of that growth is to simply hold their coins, they can trade their coins if they want but that is not really necessary since they are talking a risk that most people cannot afford to take, and even more importantly is how little time it took to reach this point, it only took bitcoin a little bit more than a decade to reach it which tell us of the incredible potential that bitcoin still has ahead of it during the next decade.

Anyone can speculate if its going for a bull run or down trend but usually if there is a bull run there is gonna be a correction, thats the usual cycle in my own experience especially in a ghost month.

If you want to know if we are in dip or dump. Learn to read the crypto volume. It increasing heavily everyday. Even the trading indicators: RSI and MACD, Moving Average telling we are about to pump! We are already in the trillion marketcap.

There's no doubt we are in a bull run again, I thought it's gone when I witnessed a big correction, but eventually, bitcoin has recover and altcoins are very bullish as well. Bitcoin stays below $50k until now, but the moment we will break that resistance, we will have to expect that there's more uptrend that we can witness. The market is really good in overall as altcoins and bitcoin are both profitable to invest with.

A few years ago we were talking about the very bright future of cryptocurrencies. We are in those days right now
The number of people holding it will continue to increase day by day. I do not hesitate to say that we are currently in the bull for altcoins, although it will not be long, we may see the green in the markets for another month or two