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Topic: Another huge dump happening today, is this it? - page 3. (Read 788 times)

legendary
Activity: 1946
Merit: 1026
In Search of Incredible
The problem is that when it has gone up so many times over time nobody is talking about it, and when it starts to decrease people think this is an overly serious problem. Experience in the market allows me to hope for future success.
Well said, people become too tempted while the price goes up continuously for long time and they forget that a reverse action will happen. And that is necessary, we should address it as market correction not dump. That's the opportunity for investors to buy more. Probably market will recover soon and it will move forward again.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
If the whole market is a blood bath, waiting for dumped prices will bring more value to the portfolio because wise investors don't want to buy the price at the top levels. Almost all altcoins are near the ATH prices, so waiting for the dump and taking advantage of the dump will be more profitable rather than jumping to opportunity.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
Nothing new to see here  Tongue

Okay here is what I think happened, first after seeing this news article https://finance.yahoo.com/news/sunday-bitcoin-flash-crash-sees-095427341.html there is something interesting that caught my eye

Quote
According to Bybt, the last twenty four hours saw a new record in liquidations. With over one million positions being wiped off the books. Totalling a mammoth $10 billion in positions that were liquidated.
Just from this you can tell its all instititional money at play because to wipe out $10 billion dollars this is simply saying Mega Whales are flexing their musle and playing with the market and because of how markets work we can't be bearish forever.

hero member
Activity: 1652
Merit: 518
OrangeFren.com
We are again seeing a bloody market, what is happening, do you know what's the reason behind this huge dump?

BTC -11%
ETH -12%
BNB -14%


Major coins are in red, the rest will follow, what could be next?
We dont need to expect that if we seen a bloody market again, Actually not only ones or twice the market become bloody. And it is normal from a market to doing that so we dont need to be afraid of because it will back again into a high price.

Maybe some investor or trader in here if they seen like that I think the coins they have it sell early for the bloody market and they think that would not comeback again.
sr. member
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
The problem is that when it has gone up so many times over time nobody is talking about it, and when it starts to decrease people think this is an overly serious problem. Experience in the market allows me to hope for future success.
The ups and downs of cryptocurrency prices are commonplace in the market, even though in my opinion the ups and downs of bitcoin or other crypto prices can provide benefits for us traders, because when prices fall we can trade briefly (ping pong) to get profit, even though the benefits are more small from a bullish price condition, but for sure when the price goes down now it provides a better opportunity for us to buy a number of altcoins at a cheap price, bullish or bearish will be able to provide an advantage if we can enter at the right time. So,
DONT PANIC ...!
full member
Activity: 461
Merit: 100
there may be a correction in the prices of coins that have been pumping. however, at the moment the potential coins mentioned still have a high chance of going up. besides, the drop in ETH and BNB prices is most likely due to bitcoin. I'm pretty sure the bitcoin price will go back up to the $ 60k price range
Are we still on the bullish market? Btc is struggling to go back on its peak price which is $60k - $64k and that is one indication that altcoins will gonna struggle too. Experts said that this is not dip anymore, market are slowly moving to bearish market because of the massive dumps.
full member
Activity: 896
Merit: 100
PredX - AI-Powered Prediction Market
The problem is that when it has gone up so many times over time nobody is talking about it, and when it starts to decrease people think this is an overly serious problem. Experience in the market allows me to hope for future success.
legendary
Activity: 3752
Merit: 1415
We are again seeing a bloody market, what is happening, do you know what's the reason behind this huge dump?

BTC -11%
ETH -12%
BNB -14%


Major coins are in red, the rest will follow, what could be next?

This is just crypto crazy ups and crazy downs.  I'm starting to think that there are no bull runs and bear runs.  This is and has been cryptos MO since it started.  Sometimes it spikes highers sometimes it spikes lower.  Keep stacking says and stop looking at charts.  Its healthy Smiley
jr. member
Activity: 406
Merit: 1
I also wondered why when I wanted to sell my coins, I saw that the market continued to decline. and vice versa if I start buying, the price of all the coins increases very quickly. very strange
full member
Activity: 821
Merit: 100
Volare.network
We are again seeing a bloody market, what is happening, do you know what's the reason behind this huge dump?

BTC -11%
ETH -12%
BNB -14%


Major coins are in red, the rest will follow, what could be next?

I'm not sure it's a big dump. i see it as a price correction, look at today btc, eth, bnb, and other major coins, have started to stop falling. so it's not a start to crash. the market is very good these days and there are many institutional investors who are making the market stronger.
hero member
Activity: 1778
Merit: 746
there may be a correction in the prices of coins that have been pumping. however, at the moment the potential coins mentioned still have a high chance of going up. besides, the drop in ETH and BNB prices is most likely due to bitcoin. I'm pretty sure the bitcoin price will go back up to the $ 60k price range
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
We are again seeing a bloody market, what is happening, do you know what's the reason behind this huge dump?

BTC -11%
ETH -12%
BNB -14%


Major coins are in red, the rest will follow, what could be next?
Typical kind of corrections or price decrease that could happen in a day in crypto market.

These arent that huge swings in price but when people do see these negatives then they do easily freak out.A Market wont continuously to rise up which means dump or price decrease

like these are common and it does sign that this is indeed a healthy market rather than on a manipulative one.Its hard to determine if this would dump or would just be
hovering around with these levels.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
We are again seeing a bloody market, what is happening, do you know what's the reason behind this huge dump?

BTC -11%
ETH -12%
BNB -14%


Major coins are in red, the rest will follow, what could be next?

Don't be fomo with this current market situation, we need to be strong enough because if you happen to fall with the bad news nothing will happen but you'll be frustrated. Though the news is raging against the price to struggle that much, I don't think investors would easily be shaken. Because what I see now is the resistance kepts strengthening it's momentum while trying to recover up after bloody market.
legendary
Activity: 2982
Merit: 1028
We are again seeing a bloody market, what is happening, do you know what's the reason behind this huge dump?

BTC -11%
ETH -12%
BNB -14%


Major coins are in red, the rest will follow, what could be next?
Even though the market is bleeding and experiencing a downturn I see this as a discount opportunity for buying in bulk. especially the highest priced coins that have great potential could be an obvious choice, so this is a good thing

Seems like those who are wise enough to buy those cheap coins will benefits in the long run.

For now this dumped still showing and still hurting those who are still on hold, if you don't need your money better not to fall into this

downfall, you'll waste your money if you follow this trend just chill and wait for the bounce, if you have good amount of money you can buy more and enjoy after.
full member
Activity: 533
Merit: 100
Today is April 20, obviously is another dump day, BTC dump 5.69%   ,ETH-8.30%   ,BNB-9.51%   ,and the others most of them are dump surpass 10%. For the guy like me just buying EOS a few days ago,  i can't bear to look in my wallet.
full member
Activity: 896
Merit: 100
PredX - AI-Powered Prediction Market
We are again seeing a bloody market, what is happening, do you know what's the reason behind this huge dump?

BTC -11%
ETH -12%
BNB -14%


Major coins are in red, the rest will follow, what could be next?
But do not be too afraid, people need to see the most general about this market when we have seen it grow for a long time and have not seen a deep decrease. And this has been planned beforehand, so there is no fear that the market will soon recover.
hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
Just a correction. I have bought a bunch of altcoins for the next bull run. Wish me luck.

Bitcoin has recovered to $56000 from the catastrophe (which people say). Well, to me, everything is very bright and the future of cryptocurrency is appropriate. It is a good time to accumulate cheap coin
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
We are again seeing a bloody market, what is happening, do you know what's the reason behind this huge dump?
I saw on reddit that a hacker has sold a lot of bitcoins from the incident in the past but can't find the link of it. But there's another one that has posted about why there's a dip. Here's the link: https://www.reddit.com/r/Bitcoin/comments/mtcuwt/if_you_wondered_why_the_dip_heres_why/
With more FUD, it's easy to stop this bull run, probably they (whales) are doing that because they are already satisfied with what they have made so far.
price dip means they'll start from the start to accumulate and wait for another situation like this.
From what the news were telling, it's about the power outage that happened in China, particularly in its province which resulted to drop the hashrate for miners.

Major coins are in red, the rest will follow, what could be next?
Recovery.

Recovery or more dump.. we never know, as of now, prices are still down, we can't say it has recovered yet, but let's wait and see.
It has somehow recovered.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
@cabron, that is a huge news, some investors maybe are putting their money on that as gold is more stable than BTC.
Nothing wrong with crypto market, it's just that some investors are not loyal, they come and go while continuesly looking for better opportunity.

As to bull run, we never know when it will stop but I guess we had enough already so it's possible that we are heading to a bear market.
This seems like the most likely option, while there are many people that believe in the technology there are many others that are here just for the money and as soon as the market is not performing great they leave and move on to the next big thing, it is not a bad idea if you are looking to make profits but it is not possible for a lot of people here so it is possible this is just the natural volatility of the market or maybe some whales decided to sell their coins because they wanted to cash out.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
likely these weak hands sell their crypto immediately.

funny that people keep talking about weak hands, but I think they are people who are making a profit, while someone buys and keeps holding forever there are people who buy low and sell high and go back to buying low and maximize their profits without get stuck to the ideology of making eternal hold



this price drop was already expected, after the pump comes dump
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