Be Prepared for the big dump. - page 5.

aprilnot

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Quote from: shogun47 on June 21, 2021, 05:49:44 AM

Quote from: Yamifoud on June 20, 2021, 06:35:20 AM

Quote from: AzamNurWahid on June 20, 2021, 05:36:52 AM

the proof until now there has been no big dump that I have seen in the market is indeed a dump but it always recovers within 24 hours, bitcoin still has a price above 30k and it is impossible to dump up to 10k

We might say $10k is meant to be impossible as we certainly looking for the positive, but like the fact that the market was still volatile, you can't simply ignore such possibility.
What actually we needing for now is the continuous support of the big companies (and might some others will come and join) and with these instances, we no longer to see the price of Bitcoin will get back dump below $10k.

Talking about possibilities you can't ignore anything, but realistically speaking I don't think we will see $10k again. The buying support will just be too strong from all directions. In fact a lot of people would wish for Bitcoin to go to 10k so that they can also have a chance to tap their toe in the crypto water. 10k at this point seems close to impossible for me.

it's true that 10k is an unrealistic price. there will definitely be a big wall preventing that from happening. even before the price reaches 20k, there will be a lot of people queuing to buy bitcoins. but regardless of how far bitcoin falls, it will still have an impact on altcoins later. and one thing that can not be avoided at this time, the down trend has started. so just pray, bitcoin can survive this pressure.

shogun47

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Quote from: Yamifoud on June 20, 2021, 06:35:20 AM

Quote from: AzamNurWahid on June 20, 2021, 05:36:52 AM

the proof until now there has been no big dump that I have seen in the market is indeed a dump but it always recovers within 24 hours, bitcoin still has a price above 30k and it is impossible to dump up to 10k

We might say $10k is meant to be impossible as we certainly looking for the positive, but like the fact that the market was still volatile, you can't simply ignore such possibility.
What actually we needing for now is the continuous support of the big companies (and might some others will come and join) and with these instances, we no longer to see the price of Bitcoin will get back dump below $10k.

Talking about possibilities you can't ignore anything, but realistically speaking I don't think we will see $10k again. The buying support will just be too strong from all directions. In fact a lot of people would wish for Bitcoin to go to 10k so that they can also have a chance to tap their toe in the crypto water. 10k at this point seems close to impossible for me.

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Quote from: Yamifoud on June 20, 2021, 06:35:20 AM

Quote from: AzamNurWahid on June 20, 2021, 05:36:52 AM

the proof until now there has been no big dump that I have seen in the market is indeed a dump but it always recovers within 24 hours, bitcoin still has a price above 30k and it is impossible to dump up to 10k

We might say $10k is meant to be impossible as we certainly looking for the positive, but like the fact that the market was still volatile, you can't simply ignore such possibility.
What actually we needing for now is the continuous support of the big companies (and might some others will come and join) and with these instances, we no longer to see the price of Bitcoin will get back dump below $10k.

It is dumped now almost I think 5% within a day in the market, --but I noticed this when the weekend comes, it usually the market price was in red colors and it dropped the price including altcoins. That is right, the market price is unpredictable and no one knows when it will spike again in the market. However, during this situation, there are only two options that we need to do. Just hold or just accumulate while they are cheap and for sure it will surge back the price after the next few days. The $10k price prediction was too low for me and I don't think it will drop too much at that range. But let us see what will happen next.

Yamifoud

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Quote from: AzamNurWahid on June 20, 2021, 05:36:52 AM

the proof until now there has been no big dump that I have seen in the market is indeed a dump but it always recovers within 24 hours, bitcoin still has a price above 30k and it is impossible to dump up to 10k

We might say $10k is meant to be impossible as we certainly looking for the positive, but like the fact that the market was still volatile, you can't simply ignore such possibility.
What actually we needing for now is the continuous support of the big companies (and might some others will come and join) and with these instances, we no longer to see the price of Bitcoin will get back dump below $10k.

poodle63

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Quote from: AzamNurWahid on June 20, 2021, 05:36:52 AM

the proof until now there has been no big dump that I have seen in the market is indeed a dump but it always recovers within 24 hours, bitcoin still has a price above 30k and it is impossible to dump up to 10k

seeing the post date, what he meant is probably the dump that makes bitcoin price decrease from its ATH all the way down to $35K or sub $40k.
The price right now is rather doing some sideways instead of dumping since that's exactly the pattern and yeah $10K just seems impossible considering
the $30K resistance that is rather unbreakable. The fud coming from all corner just not enough to make bitcoin goes below $30K because its real value is indeed
worth $30K above

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Quote from: Maestro75 on June 17, 2021, 02:24:59 AM

Quote from: Shikha99 on May 19, 2021, 10:21:22 AM

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 I think is that you made a porous prediction on Bitcoin dump. I know you do not have the ability to put out a chart because of your newbie rank but charts add more to convincing people than not having them. Anyone can say what you said and price can go either up or down. Next time when you make such predictions let us know what price is and at what level you are expecting price to get to. With that we can trace it to find out if your prediction is right or not.

yes, all of that is just everyone's speculation, and will definitely be different. no one will understand for sure what will happen next. we must be able to take advantage of every market situation, if there is going to be a big dump, maybe after that there will be a high pumping. When you are investing long term and not being influenced by what other people say, I think that's the best thing for you to do. and keep hoping the market price will be what you expect, and you will be happy in the end.

AzamNurWahid

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the proof until now there has been no big dump that I have seen in the market is indeed a dump but it always recovers within 24 hours, bitcoin still has a price above 30k and it is impossible to dump up to 10k

devil2man

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in fact it seems that the dump, the bear phase of the market has already arrived / started unfortunately bitcoin was unable to resist, first have lateralized then it broke the resistance downwards, obviously dragging almost all the altcoins with it in the dump, but we must not despair, the market is cyclical sooner or later the bull phase will return

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Quote from: xzone on June 20, 2021, 04:59:45 AM

Quote from: huu78 on June 20, 2021, 02:49:41 AM

but I believe after this decline there will still be bulls for this year, so this decline is only temporary and this year still has a good chance for recovery.
at least people have to make a choice whether to exit out of fear the market will continue to fall again, or buy and hold on believing the market will recover soon.

I hope it will be as you say. With the price of bitcoin recovering in a short time, we can see a nice bull season. but before that, I think we will see a serious dump.
A very active market may be waiting for us towards the end of the year. I wonder how this summer will go. Those who do not lose money in this process will be rich in the coming months Cheesy

There is more chance for price dump. Right now the market tries to gain resistance and stay above $35000, we don't know how long this could sustain. If this downward resistance gets broken there is more chance of price reaching low to $25000 before the big bull run for the year. Anyhow there is big rise in the real-time usage and support from different countries around the globe. This will keep the market progressive than decline in the long term.

xzone

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Quote from: huu78 on June 20, 2021, 02:49:41 AM

but I believe after this decline there will still be bulls for this year, so this decline is only temporary and this year still has a good chance for recovery.
at least people have to make a choice whether to exit out of fear the market will continue to fall again, or buy and hold on believing the market will recover soon.

I hope it will be as you say. With the price of bitcoin recovering in a short time, we can see a nice bull season. but before that, I think we will see a serious dump.
A very active market may be waiting for us towards the end of the year. I wonder how this summer will go. Those who do not lose money in this process will be rich in the coming months Cheesy

inanilujimi

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Quote from: ?? on ??

true, sometime the big dump will be happened, but i am sure that bearish won't like 2017, now this is the era of Bitcoin, the price will not under $30.000

anything can happen, considering this market is very volatile nothing is impossible.
not all investors entered in 2017 there are also some investors who do not have experience in the market which can cause unavoidable panic.

KaliLinux

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Quote from: raidarksword on June 17, 2021, 01:22:12 AM

Well market dump is inevitable especially there were so many fuds on going and we are all used to that kind of stuff and seasoned crypto people were all immune. Good thing market recovered so fast because of many good news coming in especially on El Salvador and Elon Musk recent tweet that tesla resumes accepting bitcoin.

I won't really say that the market has recovered as you presume

From the 24 Hours chat, it is obvious that Bitcoin is mostly trading sideways/possible accumulation now

And from the 7 Days Chat, Bitcoin is still trading below $36k

I however Believe that the market will definitely get back to a new ATH, but it seems that will still tame some time, coming weeks to months.

huu78

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but I believe after this decline there will still be bulls for this year, so this decline is only temporary and this year still has a good chance for recovery.
at least people have to make a choice whether to exit out of fear the market will continue to fall again, or buy and hold on believing the market will recover soon.

shogun47

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Quote from: ?? on ??

Pump and dump are the nature of crypto. Traders also make money with those Pump and Dump. If you know how to Do trade, how to manage risk, Then you are safe. Also if you only made money when the bitcoin price is rising but not at dumping, You are not a trader. You have to make money both pump and dump. Bitcoin price again started to do pump, So it's good to sign for the whole crypto market. I am ready with pump and dump because I use stop loss at my trade. Only if you hold bitcoin then you may lose in USD value but if you are a long-term holder then it's good.

Pump and dump is not necessarily the nature of crypto or otherwise you would have to say it is the nature of any kind of investment category. Real estate is a pump and dump as well even as we are speaking here. Asset prices move in cycles and that is literally the same for almost everything. Although you could say that even in cycles there might be down- or uptrends. That is why it makes sense to buy stock because overall it increases over time. That doesn't mean it can't go down for a couple of years and then up again, but the same is happening to crypto. We are seeing pump and dump like movements but the overall trend is positive. Even if we will now see a massive dump, we will still stay higher than where we were after the last cycle's dump.

Questat

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Quote from: lxiaoh on June 17, 2021, 04:44:02 AM

Yes, i thought there would be another big crash soon, i was empty my digital asset for two weeks then waiting for big dump but nothing happened, then I couldn't resist investing in cryptos again and now i'm trapped again, so sad for me.

Crypto investment was not the right place for you. Tried to learn to become patient and to know more about crypto, this will help you instead. It was normal seeing those struggles and difficulties as a beginner but we don't just keep that level forever. If we wanted to pursue our wants to become a trader/investor, it is a need for us to change our behavior and mindset.

lxiaoh

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Yes, i thought there would be another big crash soon, i was empty my digital asset for two weeks then waiting for big dump but nothing happened, then I couldn't resist investing in cryptos again and now i'm trapped again, so sad for me.

ChaoChibai

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Quote from: Shikha99 on May 19, 2021, 10:21:22 AM

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?

pretty much agree with your thoughts. I also think this time bitcoin and also altcoins has already falling down, the price at the market is decreasing for most of the coins. I think this dump time will longer than just a month or two I guess, but really hope the market will recover soon.

Maestro75

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Quote from: Shikha99 on May 19, 2021, 10:21:22 AM

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 I think is that you made a porous prediction on Bitcoin dump. I know you do not have the ability to put out a chart because of your newbie rank but charts add more to convincing people than not having them. Anyone can say what you said and price can go either up or down. Next time when you make such predictions let us know what price is and at what level you are expecting price to get to. With that we can trace it to find out if your prediction is right or not.

1l1l11ll1l

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Quote from: raidarksword on June 17, 2021, 01:22:12 AM

Well market dump is inevitable especially there were so many fuds on going and we are all used to that kind of stuff and seasoned crypto people were all immune. Good thing market recovered so fast because of many good news coming in especially on El Salvador and Elon Musk recent tweet that tesla resumes accepting bitcoin.

For the president of El Salvador, it is a great move. but for now, I don't really like Elon anymore, because he's proven to be less "dedicated" and only pursues high profits from bitcoin, yes that's his goal from the start, can't be blamed

isaac_clarke22

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Quote from: ?? on ??

~

Sad that some coins loses its value when it comes to that. What I mean value is by its utility. :/
I mean many coins in the lower ranks just get the hypes most of the time and just popping up out of nowhere in the higher ranks then just fade the next day.

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