AND YET ANOTHER FALL; A dip or A dump. - page 4.

SquallLeonhart

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Quote from: Silberman on August 21, 2021, 01:29:16 PM

Quote from: koang on August 18, 2021, 03:41:53 PM

There’s nobody with perfect accuracy in predicting that and I obviously can’t predict the future but trends are nothing but cycles.
Up and down is a normal market mechanism, so don't worry too much
Think like a hunter, not a gambler

That is the thing, many people that describe themselves as investors or traders are not so and instead they are best described as gamblers, there is nothing wrong with gambling at the casino of your preference but there is a lot of things wrong with gambling in the markets as that is not the place to do something like this, it is better to let the market do its thing and only react when it is absolutely necessary, and a small dip should not be enough to force us to sell our coins.

I do believe that there are many people who ended up making a big loss because they reacted too heavily when price does something they do not expect. I understand that it is not easy to handle all of these, but at the same time it is not easy to handle it when you lose money as well, I rather flip out about the fact that bticoin dropped, instead of just flip out about how I lost money.

You could buy at 45k, it could drop to 40k, if you do not sell and just be upset that it dropped then you still have a chance to recover when it goes back up to over 45k, but if you sell and see that it goes back up to 45k+ then you are going to be even more sad. This is why people should be calm about what they are doing, it is definitely not something that is smart to move on every single move because bitcoin is a very very volatile thing that will always have 5%+ moves daily in many days a year.

24Kt

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Quote from: Kena Banned on August 21, 2021, 05:58:53 PM

Quote from: Miaallen on August 17, 2021, 03:24:15 PM

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.

Its always a dip for investors have some fiat to get in, but for investors that out of money its a dump and disaster Grin

Instead of called it Dip or Dump, i like to called it a Discount Cheesy

And this price movement will happen time and time again. It is not the first time to happen this but countless times, so there's nothing special about it. Now, it is up to you how you will react on this. Either buy or sell. But a lot are taking this opportunity to accumulate more. The future is seemingly bright, now that a lot of big companies are trying to get involved with. Aside from countries that are positively looking at crypto market.

Kena Banned

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Quote from: Miaallen on August 17, 2021, 03:24:15 PM

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.

Its always a dip for investors have some fiat to get in, but for investors that out of money its a dump and disaster Grin

Instead of called it Dip or Dump, i like to called it a Discount Cheesy

Silberman

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Quote from: koang on August 18, 2021, 03:41:53 PM

There’s nobody with perfect accuracy in predicting that and I obviously can’t predict the future but trends are nothing but cycles.
Up and down is a normal market mechanism, so don't worry too much
Think like a hunter, not a gambler

That is the thing, many people that describe themselves as investors or traders are not so and instead they are best described as gamblers, there is nothing wrong with gambling at the casino of your preference but there is a lot of things wrong with gambling in the markets as that is not the place to do something like this, it is better to let the market do its thing and only react when it is absolutely necessary, and a small dip should not be enough to force us to sell our coins.

koang

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Quote from: BaeSuzy on August 19, 2021, 09:36:14 PM

Today the price is already increasing and it looks like the market will going into another big pump. Yesterday ethereum price drop so drastically into below $3k and my prediction about bitcoin i think there is a big chance for bitcoin to rise into $50k before the end of this week.

Pfff. Now you’re just like the rest of the self-proclaimed prophets, Predicting that the market will go both up and down.
I don't care if you are right or wrong but Never invest everything in anything, always have proper risk management whatever you think

Botnake

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Quote from: Rampagoe004 on August 20, 2021, 09:25:39 AM

At all times the market there is always a change from high to low, but for now the price of bitcoin and altcoins is increasing again and we do not know whether this will last long or vice versa, so investing is the right choice for some coins that can indeed bring profits, so use this opportunity as best as possible because we do not know what will happen in the future in the crypto world.

It's very crucial because usually when the market is bullish, it's bullish in the last quarter of the year, and here we are again, we are seeing a bullish movement that could possibly take bitcoin back to $50k. It's just a matter of time, maybe today or tomorrow, because the moment we get into $50k, another speculation would be created that will only make bitcoin bullish as people would long to see bitcoin breaking its current ATH.

sapnu

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Quote from: Miaallen on August 17, 2021, 03:24:15 PM

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.

Predictions in cryptocurrencies are just smart guesses and does not guarantee us that it will happen for certain. The current market is usually experiencing dips and we cannot consider it as dumps because every second, there's a price increase also regardless of the sudden downfalls. The volatility of cryptocurrencies challenges us to do better and to decide better wherein as we become patient with our investment, we'll have higher chances of taking profit since the only way the crypto is going is expected to be upwards. Pay attention to the price changes but don't make decisions suddenly whenever your emotions tells you to do so or else you'll regret it in the end.

Rampagoe004

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At all times the market there is always a change from high to low, but for now the price of bitcoin and altcoins is increasing again and we do not know whether this will last long or vice versa, so investing is the right choice for some coins that can indeed bring profits, so use this opportunity as best as possible because we do not know what will happen in the future in the crypto world.

Bitstar_coin

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That fall @op complained about took btc price down to 44k+ if am not mistaken, those who always think the worst has come will panic and sell, and those who knows how to seize opportunity will utilize it effectively, just about 2 days this topic was created and look at price today now! every dip is an opportunity to buy btc at low, imagine buying at 44k+ and selling at 47k+ you already made like 2k+ within few days, this is the way the market works.

5thFear

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I think that so many stake holders are now involved in cryptos that a big dump might not be a usual thing anymore. Dip on the other hand are always good for the market. It can't go one way.

imstillthebest

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i think dip and dump are both the same and they mean price decline .
i can agree with them that bulls have returned because i also see it with my own eyes and also the dumps are expected because its a part of how this system works but the dump didnt lasted long either because right now btc is up and running again .
i can feel that we are going to stay bullish more than berish this rest months .

Hughes_Ryan

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Quote from: Sanitough on August 18, 2021, 04:50:42 PM

Are we are overreacting?

Well, I think in any situation when the market has a bit of a correction, everything panic is always blamed by a series of outrageous excuses. We've been bullish for almost a month and the short correction is just another pressure to build traction among market makers. Bullish now and we can take advantage to take short profits before bitcoin goes above 50k$ Kiss

TastyChillySauce00

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Quote from: v3liana on August 19, 2021, 05:29:39 PM

It's normal when we seeing decrease because we are already seeing green over the month this is very good step before we facing another bull run and thats very healthy for the market. I'm even more afraid if the price continues to rise without correction.

Sometime the price spike can come even without a correction but usually when the bull run is almost ended the price will decrease sharply but in my opinion correction like this that happened after price spike can help to keep the price from going down drastically.
But it's also depend on the market whether it is a dip or a dump, sometimes price move very suddenly and become unpredictable even if the price looks like only a correction.

Mkmanik

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The market is trying to recover, It also recovers a lot. Whenever Bitcoin dumps 5% or 8%, People started to be panic. They called it a bearish season, Also when there is a pump at the same % people called it a bullish season. I don't care about those small pumps and dumps. I believe in my Skill and knowledge only. As a trader, I tried to make money in both ways. Pump and dump both are good for me. If you want to make money only bullish way then you are not a trader. You are an investor.

Bitcoin is pumping again, It's facing the $48000 big resistance. If Bitcoin can break this resistance then my next target is $51k-$53k. At one houres Bitcoin chart, I am very bullish right now. So don't care what people say, Try to gain more knowledge. Only it can help you to take proper decision.

btc78

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Quote from: Miaallen on August 17, 2021, 03:24:15 PM

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.

Look how stupid people are in this community most of the time , You did not even created a thread when the value is increasing as how you mentioned it (Great Rise in Prices ) but just because the value decrease by single percent you are crying already?
please pay respect to the coins you are holding and the currency that you are going to buy.
there is no perfect market and there is no continues growing , fall will come and growth will be next, if you are acting like this then you are showing how noob still you are in this market.

BaeSuzy

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Quote from: ?? on ??

Quote from: v3liana on August 19, 2021, 05:29:39 PM

It's normal when we seeing decrease because we are already seeing green over the month this is very good step before we facing another bull run and thats very healthy for the market. I'm even more afraid if the price continues to rise without correction.

The previous bullish increase when it reached ATH increased with a low correction so that the market dropped drastically from the highest increase, the market is currently in a price recovery phase to reach a high bullish rate although facing various corrections at certain price points.

Great thought! Today the price is already increasing and it looks like the market will going into another big pump. Yesterday ethereum price drop so drastically into below $3k and my prediction about bitcoin i think there is a big chance for bitcoin to rise into $50k before the end of this week.

v3liana

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Quote from: Miaallen on August 17, 2021, 03:24:15 PM

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's normal when we seeing decrease because we are already seeing green over the month this is very good step before we facing another bull run and thats very healthy for the market. I'm even more afraid if the price continues to rise without correction.

Scripture

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Quote from: Miaallen on August 17, 2021, 03:24:15 PM

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.

We can't expect the market to rise continuously because this pullback is very normal and as you can see on the price right now, its recovering again so don't panic and always see the opportunity in the market if the price starts to go down, that can be a good price entry.

7788bitcoin

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Quote from: Sanitough on August 18, 2021, 04:50:42 PM

Are we are overreacting? Grin

It's not new to us, we even see a lot of bigger dump than that we are seeing now, so it's just a matter of familiarity to the market and trust that the market will recover again. Bitcoin just falls 3.57% in the past 7 days, so it's not really a bad thing as it could sometimes pump more than 10% in just one day.

It's a normal day for us.

We are living in a time when there are more snow flakes than we had for decades and hence these over reaction is a common theme for the past few years and we think that it is normal to over react because we have seen crashes where the market would move over 20% in a day and more during the past rallies and now we are still riding a huge momentum and for me anything above $19k is bullish and we might not even know whether we will see those lower valuations ever again.

Expect minor correction whenever there is a rally and that is how the market will function forever Tongue

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Japinat

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Well, look at the market now, after the fall the market has recovered again.

I'm seeing some healthy rise today, bitcoin is up almost 5% and major altcoins such as XRP, Cardano, and BNB had some decent increase as well.
In conclusion, we can't just react right away as it's normal to see these pump and dump in a highly volatile market.

Topic: AND YET ANOTHER FALL; A dip or A dump. - page 4. (Read 674 times)