Topic: Be Prepared for the big dump. (Read 2156 times)
indeed we have to prepare for a big dump because the crypto market is full of surprises. there is a big pump and there is a big dump. So I think this is something that anyone in crypto might have to deal with from now on.
Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..
what do you think?
what do you think?
I dont think a big dump will come at all. The dump already came now it can go to the lower stages but not something extreme that would take the public to dump all their coins. The price is currently stable with the coin going 1-5% up or down everyday. So i dont think their will be a dump anytime soon
indeed we have to prepare for a big dump because the crypto market is full of surprises. there is a big pump and there is a big dump. So I think this is something that anyone in crypto might have to deal with from now on.
Yes, so that both of those things must also be used by everyone to get maximum profit, because if you only watch the pumps and drains, then everyone will not get anything from the crypto space.
indeed we have to prepare for a big dump because the crypto market is full of surprises. there is a big pump and there is a big dump. So I think this is something that anyone in crypto might have to deal with from now on.
worst or best scenario must be prepared in our trade plan to avoid big losses when we have wrong position. in every transaction we have to set our stop loss or othe money management in case suddenly dumped occur. At this moment selling pressure still strong and anything could happen , except we have good preparation in our trade.indeed we have to prepare for a big dump because the crypto market is full of surprises. there is a big pump and there is a big dump. So I think this is something that anyone in crypto might have to deal with from now on.
worst or best scenario must be prepared in our trade plan to avoid big losses when we have wrong position. in every transaction we have to set our stop loss or othe money management in case suddenly dumped occur. At this moment selling pressure still strong and anything could happen , except we have good preparation in our trade. 
What does it even mean to be prepared for the big dump. I think that everyone who is deeply involved knows that this can crash. Everyone acknowledges that. But ow do we go from here to still convince people and invest in Bitcoin because it is huge?
in fact many are buying at the price of $60k bitcoin that makes fewer buyers when bitcoin drops to $40k buyers are getting lower and the market starts to falter even more the decline is when the market has started to fall below $30k because FUD people think there will be an increase big but in fact, the market has been deteriorating the bigger the decline every month there is a great decline of course making the market not so attractive anymore.
the dump has happened how a massive dump has made the market go bad this year's price is really like a trap that makes a lot of people buy when the price is high Elon musk's influence also makes people influenced to buy bitcoin at the highest price and of course many are thought bitcoin would hit $100k but it was all the other way around the price has actually fallen bitcoin had dropped to $28k it was very surprising altcoins almost all crashed if bitcoin goes below $28k chances are altcoins will be lower in price because markets are so bad and bad that all altcoins will fall down.
What does it even mean to be prepared for the big dump. I think that everyone who is deeply involved knows that this can crash. Everyone acknowledges that. But ow do we go from here to still convince people and invest in Bitcoin because it is huge?
the dump has happened how a massive dump has made the market go bad this year's price is really like a trap that makes a lot of people buy when the price is high Elon musk's influence also makes people influenced to buy bitcoin at the highest price and of course many are thought bitcoin would hit $100k but it was all the other way around the price has actually fallen bitcoin had dropped to $28k it was very surprising altcoins almost all crashed if bitcoin goes below $28k chances are altcoins will be lower in price because markets are so bad and bad that all altcoins will fall down.
Which I guess was also a coincidence with Elon Musks twitter postings which were perceived to be the major reason for the crypto crash...but this could have contributed but the move was already a work in progress as the charts hinted, eagle eye @Shikha99.
We know there is no coincidence in big events, I'm pretty sure they arrange timing about this. Millionaires don't gamble on stocks like that. The crash was expected, that only helped fuel the fire more.
As of today markets have been bearish for some time which means it's time for an opposite reaction which is to go up !
This is a possibility, but I think it's higher chance to see lower prices next few weeks. One thing for sure is we will see a breakout soon, either go up or down. I prefer to wait some confirmation about new trend before jump in the market.
Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..
what do you think?
That was a good signal to anticipate the big sell off by the institutional traders!what do you think?
Which I guess was also a coincidence with Elon Musks twitter postings which were perceived to be the major reason for the crypto crash...but this could have contributed but the move was already a work in progress as the charts hinted, eagle eye @Shikha99.
As of today markets have been bearish for some time which means it's time for an opposite reaction which is to go up !
the same thing happens to me , i am waiting for another crash for crypto , i hope bitcoin will crash to 20000 usd per btc , because traders are afraid buying at current prices they are waiting for the finish of bear market better buying before crash then they want hold the positive way of buy sell and trading eveyone remember the last bear market 2018 till 2020 over two years or more , it was very long traders need money for other project and sold their bitcoin at cheap prices because of the long time of bear market always
I hope that it won't anymore and unlikely to be seen bitcoin at that range.If the price won't crash to that price, you guys have to think your step if it's going to be bold and wise to buy at its higher price once you don't see $30k-$34k anymore.
Well, we just have to be prepared at all times and set your buy orders at the prices that you desired most.
the same thing happens to me , i am waiting for another crash for crypto , i hope bitcoin will crash to 20000 usd per btc , because traders are afraid buying at current prices they are waiting for the finish of bear market better buying before crash then they want hold the positive way of buy sell and trading eveyone remember the last bear market 2018 till 2020 over two years or more , it was very long traders need money for other project and sold their bitcoin at cheap prices because of the long time of bear market always
Looking at the situation right now I think there is a very good chance it will rebound strongly around 8 9 10th moth however there is no certainty for that but anyway for now we should probably start buying your favorite coins for the long term.
This is the only thing i learnt only through dealing with cryptocurrency, "anything that goes up will goes down". Waht I mean with this is we will surely going to witnessed another falls back of the crypto market prices even if it soars so high and hit a new ultimate ATH within this year because it is the essence of the volatility of cryptocurrency. And same thing as we reverse the qoute i've mentioned above, that anything that goes down might goes up again but I think in some cases it only applicable.
It doesn't quite work like Physics here. Bitcoin had its all time high, but it didn't really come down if you look at the overall trend. It has some bumps here and there, but the sentence what goes up must come down somehow implies that whatever went up will go back to where it started. That is definitely not the case. Bitcoin is steadily increasing in price with a few temporary set backs so far. I think it will continue like that.
which is pretty normal this is why when you do intent to make out investment here on cryptospace then you should really be preparing yourself on this kind of situation you might possibly faced later on.
because if you arent that aware nor being ready then you would surely freak out. lol
Prepare for dumps and pumps and you should really know on when to get out and when to get in if you are a swing or active trader but if you do hodl then this wont really be an issue.
Yo, you need some emotional resistance, but I suppose that is something which can only come with experience. You have to go through bumps in order to understand them afterwards. When you first invest in Bitcoin and it crashes, you probably freak out if you are not used to it. That is why I dislike people who say first study Bitcoin then invest. There are things you can only learn through experience. Volatility is one of those things. You have to see how you react, whether it stresses you out and so on. You should start with little amounts, that is the best you can do to get to know how Bitcoin works marketwise.
In my opinion, I don't agree if based on that you say there will be another big dump, April-June is quite a big dump, I think for the future until the end of the year, there will be no big dump, on the contrary, I think the price btc and all altcoins will rise and rebound like prices in february 2021.
It is a positive outlook until the end of the year and mostly believes in that. And it's true that there's already a big dump that has happened and that's likely sufficient for the entire year's run in the market. Although we usually see bigger dump after dump there's always the recovery that we use to see and that's making us more hopeful and optimistic that by the end of this year, we're going to see $100k or close to that price and it is based on several factors like the S2F model that we've been believing that it's attached on its pattern and what the market is showing and what we have today. 
Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..
what do you think?
what do you think?
In my opinion, I don't agree if based on that you say there will be another big dump, April-June is quite a big dump, I think for the future until the end of the year, there will be no big dump, on the contrary, I think the price btc and all altcoins will rise and rebound like prices in february 2021.
This we never know and we will never know if the price has already dip already or not yet, we just have to watch and see how the market will perform in the future. I respect your prediction as you based on the history of price movement, but we don't see the same thing because I've witnessed the correction last 2018 until 2020 and the market is really struggling beyond my expectation.
Who would expect that bitcoin will dump sub $3k after it reaches a new ATH for almost $20k.
Is it possible to happen again this time? Of course.
Looking at the situation right now I think there is a very good chance it will rebound strongly around 8 9 10th moth however there is no certainty for that but anyway for now we should probably start buying your favorite coins for the long term.
This is the only thing i learnt only through dealing with cryptocurrency, "anything that goes up will goes down". Waht I mean with this is we will surely going to witnessed another falls back of the crypto market prices even if it soars so high and hit a new ultimate ATH within this year because it is the essence of the volatility of cryptocurrency. And same thing as we reverse the qoute i've mentioned above, that anything that goes down might goes up again but I think in some cases it only applicable.
It doesn't quite work like Physics here. Bitcoin had its all time high, but it didn't really come down if you look at the overall trend. It has some bumps here and there, but the sentence what goes up must come down somehow implies that whatever went up will go back to where it started. That is definitely not the case. Bitcoin is steadily increasing in price with a few temporary set backs so far. I think it will continue like that.
which is pretty normal this is why when you do intent to make out investment here on cryptospace then you should really be preparing yourself on this kind of situation you might possibly faced later on.
because if you arent that aware nor being ready then you would surely freak out. lol
Prepare for dumps and pumps and you should really know on when to get out and when to get in if you are a swing or active trader but if you do hodl then this wont really be an issue.
Looking at the situation right now I think there is a very good chance it will rebound strongly around 8 9 10th moth however there is no certainty for that but anyway for now we should probably start buying your favorite coins for the long term.
This is the only thing i learnt only through dealing with cryptocurrency, "anything that goes up will goes down". Waht I mean with this is we will surely going to witnessed another falls back of the crypto market prices even if it soars so high and hit a new ultimate ATH within this year because it is the essence of the volatility of cryptocurrency. And same thing as we reverse the qoute i've mentioned above, that anything that goes down might goes up again but I think in some cases it only applicable.
It doesn't quite work like Physics here. Bitcoin had its all time high, but it didn't really come down if you look at the overall trend. It has some bumps here and there, but the sentence what goes up must come down somehow implies that whatever went up will go back to where it started. That is definitely not the case. Bitcoin is steadily increasing in price with a few temporary set backs so far. I think it will continue like that.
Looking at the situation right now I think there is a very good chance it will rebound strongly around 8 9 10th moth however there is no certainty for that but anyway for now we should probably start buying your favorite coins for the long term.
This is the only thing i learnt only through dealing with cryptocurrency, "anything that goes up will goes down". Waht I mean with this is we will surely going to witnessed another falls back of the crypto market prices even if it soars so high and hit a new ultimate ATH within this year because it is the essence of the volatility of cryptocurrency. And same thing as we reverse the qoute i've mentioned above, that anything that goes down might goes up again but I think in some cases it only applicable.
There are some overvalued projects still, but falling prices for some are already running in a few weeks. Many of these projects won't even have a chance to recover, this is where you need to be aware of where your investments are so that they don't turn into disappointment in the future. Well, I'm not excited because I've been through these cycles for more than 4 years and this always happens, in the end the BTC survives, maybe some other project follows it and the rest disappears.
The issue with falling prices of coins you are holding is that the new best thing is always waiting around the corner and will take away the attention of most of the old ones. Not of all of the old ones, but certainly of most of them.
This is what we have to live with in an industry that is developing at such an incredible pace. Nobody thought of exchanges like Pancakeswap three years ago and everybody thought it's great to have a share in a new normal exchange, but obviously it wasn't. It astonishes me again and again how quickly technology in crypto can be outdated. That's why indeed not all projects will recover.
Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..
what do you think?
what do you think?
In my opinion, I don't agree if based on that you say there will be another big dump, April-June is quite a big dump, I think for the future until the end of the year, there will be no big dump, on the contrary, I think the price btc and all altcoins will rise and rebound like prices in february 2021.
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