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Topic: Be Prepared for the big dump. - page 6. (Read 2182 times)

member
Activity: 2044
Merit: 16
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.
hero member
Activity: 1708
Merit: 553
Play Bitcoin PVP Prediction Game
June 16, 2021, 11:38:09 PM
You are right we have seen big dump and still in bearish as Bitcoin cross 40k last night but again now it is below 40k and hopfully market will go bullish in next few weeks but need some good news too.
this is the period where the correction is happening. Many people are selling their assets because the prices are quite high compared to the beginning of the year. however, I think currently the price has stabilized after dropping from $60k. but still the potential for dumps is still there, so keep yourself prepared for it. Personally, I prefer to collect assets and take advantage of these times.

I would say that the selling pressure is still quite significant, but it has calmed down a little bit compared to a few weeks ago. As for being prepared, you should be prepared for a dump nonstop no matter what asset you hold. If you look at the subprime crisis from 2007, they all got caught on the wrong foot, at least the smaller guys. The big ones saw it coming as they understand the markets better often times, that is why studying these events is quite a good way to get an understanding for crashing markets and how that can work out.
sr. member
Activity: 2016
Merit: 456
June 16, 2021, 11:25:23 PM
You are right we have seen big dump and still in bearish as Bitcoin cross 40k last night but again now it is below 40k and hopfully market will go bullish in next few weeks but need some good news too.
this is the period where the correction is happening. Many people are selling their assets because the prices are quite high compared to the beginning of the year. however, I think currently the price has stabilized after dropping from $60k. but still the potential for dumps is still there, so keep yourself prepared for it. Personally, I prefer to collect assets and take advantage of these times.
full member
Activity: 778
Merit: 100
SmartFi - EARN, LEND & TRADE
June 16, 2021, 11:17:59 PM
I don't really care about the big dump because i want to hold my assets for very-very long term and my goal for bitcoin is more than $100k, i know it will be very long ride but its ok, i don't really need that cash right now.

It all depends on the needs and initial goals of investing, for people like you who invest with long-term goals, any decline will not affect you, but for people who invest short-term, this is the right time to choose. what to take, either switch to another coin before the losses get bigger or hold it in and hope for a pump in the near future
hero member
Activity: 2128
Merit: 520
June 16, 2021, 11:01:36 AM
You are right we have seen big dump and still in bearish as Bitcoin cross 40k last night but again now it is below 40k and hopfully market will go bullish in next few weeks but need some good news too.

again the value bounce back to below 40K the news of Tesla create some  hypes but not sustainable to bring more

investors back in business, seems that the market needs to have more good news to recover and start

hyping the price, for newcomers this is another opportunities to collect their assets as the chance to see another

bounce up will happen.
full member
Activity: 1274
Merit: 100
June 16, 2021, 10:53:03 AM
You are right we have seen big dump and still in bearish as Bitcoin cross 40k last night but again now it is below 40k and hopfully market will go bullish in next few weeks but need some good news too.
full member
Activity: 523
Merit: 100
June 16, 2021, 10:45:49 AM
#99
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?
We all know that when a market makes some big candles there must be a big dump. 29k could be the biggest dump of this cryptocurrency correction. Even the current situation of the CMC looks stable. I'm asking you a question. Does it mean the market could go up again? And should we be prepared for the big pump? Now is the best time for a short time investment?
member
Activity: 120
Merit: 15
June 16, 2021, 10:25:41 AM
#98
I don't really care about the big dump because i want to hold my assets for very-very long term and my goal for bitcoin is more than $100k, i know it will be very long ride but its ok, i don't really need that cash right now.
Well said v3liana but make sure you don't just hold those coins and look away because few of them might plan to change smart contract or move to new smart contract as time goes on so make sure you stay updated while holding those coins, I wish you the best of good luck
full member
Activity: 1946
Merit: 112
June 16, 2021, 09:22:16 AM
#97
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?

I believe that you are right about the fact that there will be a big collapse in prices in the crypto market, but the only question is when. Considering that the crypto market is cyclical, we are now at the end of another cycle. This makes us understand that it was at the end of each cycle that cryptocurrencies showed great growth and their prices reached new heights, but after that there was a big collapse. Based on this, there may probably be another dump at the end of summer, but after at the end of 2021 we should see the final phase of this growth and after it there should be a significant collapse. I mean it, but how it will actually be I think we will soon find out everything.
full member
Activity: 791
Merit: 139
June 16, 2021, 09:04:05 AM
#96
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?

I think that big dump was already done now, because as I am going to look at the market its getting back in the ball game
little by little now, So I think we need more a little time before we go into good profit probably this week or next week the market
for sure will be turn into green I guess.
full member
Activity: 1120
Merit: 101
June 16, 2021, 08:30:02 AM
#95
Thank you for the reminder. I have sold some of my investments and plan to buy back when bitcoin falls below $35k and I think the market will start to rise again when entering the 4th quarter.
is that just your guess or will there be someone who can make BTC in the marked improvement in the 4th quarter of this year?
if there is a correction I'm afraid it will go very deep unlike what has already happened. So how will BTC make a strong return in the event of a deep correction?
a correction in a deep dump is probably imminent, but for the next few months, we will see how the fast move will persist. after that, it might be a dump or maybe a pump that will come until the end of this year.
full member
Activity: 798
Merit: 104
June 16, 2021, 07:30:52 AM
#94
i don't think there would be a big dump happening next since the bull run has not yet over and the price is up and down movement so its very unpredictable the behavior of bitcoin price today. A lot of speculation coming from crypto analyst that there would be no bear market happened.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
June 15, 2021, 09:58:15 PM
#93
I don't really care about the big dump because i want to hold my assets for very-very long term and my goal for bitcoin is more than $100k, i know it will be very long ride but its ok, i don't really need that cash right now.
I think like you have great faith in this market, and I think it's only a matter of time. Our patience in this market will pay off, for me BTC will be many times better than it is now. Maybe things aren't going well right now, but that's not a big deal because we're the ones who will hold onto as long as we can.
full member
Activity: 368
Merit: 101
June 15, 2021, 09:23:54 PM
#92
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?
It is really hard to predict the market volatility and stability knowing that there are several factors affecting the behavior and movement of it. Even the most popular TA/FA cannot even give an accurate analysis whether a pump or a dump will happen. So as being a crypto enthusiasts you really need to hodl and do not be a weakhand in order for you to win this kind of challenge in the crypto space.
member
Activity: 949
Merit: 48
June 15, 2021, 09:13:33 PM
#91
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?
Big dump or big pump is unknown we are always do prediction and the prediction has no assurance to come true. But I think it is more advantage when you always prepair for the posible market situation by always monitoring the crypto community or even in some crypto news update well help us make a basis before buying or selling.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
June 15, 2021, 07:55:39 PM
#90
I am not sure about that, maybe for a while the market is undergoing a correction and in the next few days we will see the price of bitcoin and altcoin to its original price. everything will be fine no need to worry.
well, now the price is recovering, but I really want to see the price of $45k, and until now the price of bitcoin is still holding at the price of $40k. however, yesterday's price drop really had an effect on other altcoins. Well, I've prepared for that situation, and I think, now is the time when crypto prices will recover.
hero member
Activity: 1876
Merit: 524
June 15, 2021, 06:52:18 PM
#89
Compared to the 2017 bull, this period's bull period has really turned into a dump. It issues daily tokens on the BEP20 network that comes before it and then takes people's money with rugpull. Whether they know it or not, many people fall into this trap or fall into it. From the perspective of Bitcoin, there are too many perceptions and manipulations on it. Because of these things, bitcoin is constantly moving up and down, causing the market to turn into a garbage dump. I hope the market returns to its good old days soon.
full member
Activity: 546
Merit: 105
June 15, 2021, 06:31:19 PM
#88
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?

I learned to predict such dumps a long time ago.
If you see that people who have nothing to do with cryptocurrency started talking about it and telling you, there will be a dump soon.
An old friend of mine called me and said that his mom told him about the need to buy cryptocurrencies.


I dont get your point, is you talking about if too many people start to hype crypto then there will be dump soon?
If yes, i didnt agree with it, hype is good to build momentum to have a pump, not a dump.
hero member
Activity: 1260
Merit: 504
May 27, 2021, 12:08:54 PM
#87
The charts are making lower highs and lower lows and generally climate for crypto has been not all that reasonable. Rather than pulling out from the market because of the decreases and being insulted by the market, your objective ought to be to contribute at the least costs and make great benefits when a bull season comes back once more, to make up for your misfortunes.
sr. member
Activity: 2156
Merit: 323
May 27, 2021, 11:48:51 AM
#86
I really do not thinking that am prepared to see another dump right now,  for now ot seems like the market is a bit still, no huge dump has occurred yet, I hope the dump is over and will not see it continue because it is very had to Watch the market go down continuously.
panick selling is already ended mate so it will never go dip again at this point.. Wherein market now is definitely gaining strength again to climb up.. As the matter of fact after weeks of decreasing its now shows a good sign and my view most of the trusted crypto currency in the market were showing green so perhaps this a sign that bearish already left the market and time to bullish..
Market are facing a lot of downward pressure, yet it's sincerely attempting to hold! I have no clue what will happen yet here it goes. There I said it. lets pump it, I don't really like those red candles. It's somewhat exhausting to watch market go down continuously, but it will go where it deserve.
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