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Topic: Be Prepared for the big dump. - page 8. (Read 2050 times)

member
Activity: 378
Merit: 10
May 20, 2021, 07:25:42 PM
#65
seeing it as a garbage dump is a situation that makes me sad. this market is always a valuable market. When the price of coins goes down, it is very wrong to see them as garbage. Already successful coins are resistant to declines and prove to be different. If we are to describe it as garbage, it would be more correct to say that it is based on the coins that do not show resistance in these decreases, or maybe will be deleted from the market.
full member
Activity: 573
Merit: 100
Futurov
May 20, 2021, 07:22:34 PM
#64
I am fully prepared for that big dump or they call it as "the last big dip of 2021 bull run". I can say that I already maximized this 2021 bull run and gain profits that I can use as funds to buy the big dip and wait for the next bull run again to finally get the fruitful outcome of waiting, holding and efforts.
legendary
Activity: 1267
Merit: 1000
BabelFish - FISH Token Sale at Sovryn
May 20, 2021, 06:58:48 PM
#63
Market is already recovering. This is not the time to dump. It will be a foolish if you think of dumping your crypto assets. This is the time to buy. But please dont invest the money in shit coins. Put your money in coins that really have utility. You can also invest in NFTs like Alienworld or Rplanet if you like gaming stuff.
member
Activity: 279
Merit: 10
May 20, 2021, 06:04:33 PM
#62
I don't think the cryptocurrency market will turn into a dump anytime soon. I think these drops are a correction. however, the rapid declines seem to suggest that this correction will take a little longer. In my opinion, the market is entering a correction period that offers buying opportunities rather than rubbish. If this is not a fix but the start of the bear season, then indeed a dump may be waiting for us.
legendary
Activity: 2338
Merit: 1124
May 20, 2021, 04:18:19 PM
#61
Is the big dump still going to continue? What do you think guys, just now, I saw on coinmarketcap the 24-hour price movement has started to go up. Anyway, People who buyback at dip yesterday has gained profit today.
I doubt so. I mean by the looks of it everything is looking good in the market once again, everything is green and up a big amount as well, sure there are ups and downs, bitcoin reached 30k, then 42k, then under 40k like it moves so much and I get that, it is really a volatile market right now. However I do not think that the price is going down too much anymore, we have seen the bottom with 30k and that I believe was the lowest we will see in a while.

I can't guarantee the price being over 30k forever, it may go down under 30k once again in the future however I feel like that won't happen anytime soon. Which is why I think the bottom is here for now, there is no need to "be prepared for the big dump" because it is gone, we are in recovery, it is going to be tough because we were over 60k and now around 40k that's a lot of grounds to cover, it needs 50% increase to reach there.
hero member
Activity: 2408
Merit: 564
May 20, 2021, 03:49:14 PM
#60
It is already happening . Full market is red and red . Every token is already down 20-30% down . But I think  it will up again just a matter of time .
It will go up again for sure but if this is already the bear market, it's going to be a long time that we're going to see it. But if we're still inside the bull market, it will recover no matter what FUD will be sent again to the mainstream media.

This time is for hodl only  . Today market seems recovering and hopefully it will recover within a week
You can as well buy if you want to. While you're holding, you're also buying to add more what to hold.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
May 20, 2021, 03:41:36 PM
#59
Well, I think the dump already happened, I mean, we are currently in the middle of a dump, though the market seems to be recovering bit by bit, this wasn't a big dump, though I believe it might be for some other people.
I don't know if this dump is the one op is talking about or maybe he's expecting another dump aside this that just happened, In my opinion, another dump can only occur if we are already in bear market, but if at all we are still in bill market, then the dump that happened is just a major long overdue correction and I believe the market will bounce back higher and stronger soon .

The market is giving some breathing to those day traders who loves playing with the current  momentum, but in terms of dumped it's already happening.

Not sure if this already the dip, or another whale trapped for a much bigger dumped to take place, really hard to assess what would be the next move, believers will see this as another golden opportunities to shop with those cheap coins around.

While newcomers surely regrets their participation after seeing their capital investment went down this hard.
hero member
Activity: 1946
Merit: 502
May 20, 2021, 03:33:14 PM
#58
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.
legendary
Activity: 2310
Merit: 1068
Leading Crypto Sports Betting & Casino Platform
May 20, 2021, 02:53:52 PM
#57
Well, I think the dump already happened, I mean, we are currently in the middle of a dump, though the market seems to be recovering bit by bit, this wasn't a big dump, though I believe it might be for some other people.
I don't know if this dump is the one op is talking about or maybe he's expecting another dump aside this that just happened, In my opinion, another dump can only occur if we are already in bear market, but if at all we are still in bill market, then the dump that happened is just a major long overdue correction and I believe the market will bounce back higher and stronger soon .
hero member
Activity: 2814
Merit: 576
May 20, 2021, 01:55:37 PM
#56
The market is on bloodbath right now and everyone is starting to panic sell. What I can say is that we should've prepared earlier because we've already seen it coming. We chose to ignore the factors that may trigger this big dump and now look at us, we are all confused on what is the best course of action. This dump is not new to us, we've seen it before and if we will follow the pattern, we know bitcoin will bounce back and recover soon. Maybe the best course of action is to keep on holding and start buying while the value is low at the moment.
Everyone is triggered by this bloodbath but not everyone is going to panic sell. I already know that this is coming since it's not going to be green market all the time. Hodling would still be the best option for now otherwise, you won't catch the next bitcoin's new ath after it recovers.

I think buying at the dip is mostly seen by now but never resort into panic selling. We have seen how bitcoin stand again after its dump moments and knowing there are already strong back ups for bitcoin since bigger institutions are behind its back, a huge price increase is nearly possible after this.
sr. member
Activity: 1036
Merit: 286
May 20, 2021, 01:40:13 PM
#55
The market is on bloodbath right now and everyone is starting to panic sell. What I can say is that we should've prepared earlier because we've already seen it coming. We chose to ignore the factors that may trigger this big dump and now look at us, we are all confused on what is the best course of action. This dump is not new to us, we've seen it before and if we will follow the pattern, we know bitcoin will bounce back and recover soon. Maybe the best course of action is to keep on holding and start buying while the value is low at the moment.
sr. member
Activity: 2366
Merit: 448
SOL.BIOKRIPT.COM
May 20, 2021, 01:36:53 PM
#54
Avoid trading futures for now. too risky because you can lose money quickly. For bigger dumps, bitcoin is likely to drop at $ 25,000 and I think buying altcoins incrementally for now in case of a trapping again is a good move. Currently there are many negative sentiments towards bitcoin and it should be used as a reference to be more careful in investing. many people complained about yesterday's decline
In order to avoid futures trading, I agree and it is very risky as the market is more likely to go down and needs to take a break to calm the mind and think of further plans until the market starts to recover and if you want to invest for the long term it is advisable to take advantage of this downturn to make incremental buying.
although many people feel sentiment and complain about the current price of bitcoin, it will not be a barrier for those who still believe in bitcoin because bitcoin is the best choice of all coins under any circumstances.
and I don't think the decline in bitcoin will reach 25k and even if that happens it is the best moment to buy bitcoin and hold it for the long term.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
May 20, 2021, 01:33:30 PM
#53
You are right but it is not the perfect time to buy dip which can be around $25k support levels. The current market movement is bearish, before buying the bag you can wait until the further bear attack. The next target is around $25k which is a good entry for buying long-term.

Avoid trading futures for now. too risky because you can lose money quickly. For bigger dumps, bitcoin is likely to drop at $ 25,000 and I think buying altcoins incrementally for now in case of a trapping again is a good move. Currently there are many negative sentiments towards bitcoin and it should be used as a reference to be more careful in investing. many people complained about yesterday's decline
Even experienced traders don't recommend futures trading. Anything can happen on bitcoin right now. There are so many speculations about the market right now but most speculation is against bitcoin. If you're into futures trading, I recommend doing your own research and TA because the speculations today is very confusing to follow.
Speculation is root of all evil, better to do what we understand instead of listening and trading on behalf of other traders. The speculative crypto market can make anyone rich in single day,since trading is zero-sum game other traders will pay the price. In the long term, long-term traders will be included in the top 5% and short-term traders will feed the top percentage as usual.
legendary
Activity: 2464
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 20, 2021, 01:29:24 PM
#52
Avoid trading futures for now. too risky because you can lose money quickly. For bigger dumps, bitcoin is likely to drop at $ 25,000 and I think buying altcoins incrementally for now in case of a trapping again is a good move. Currently there are many negative sentiments towards bitcoin and it should be used as a reference to be more careful in investing. many people complained about yesterday's decline
Even experienced traders don't recommend futures trading. Anything can happen on bitcoin right now. There are so many speculations about the market right now but most speculation is against bitcoin. If you're into futures trading, I recommend doing your own research and TA because the speculations today is very confusing to follow.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
May 20, 2021, 01:16:42 PM
#51
Avoid trading futures for now. too risky because you can lose money quickly. For bigger dumps, bitcoin is likely to drop at $ 25,000 and I think buying altcoins incrementally for now in case of a trapping again is a good move. Currently there are many negative sentiments towards bitcoin and it should be used as a reference to be more careful in investing. many people complained about yesterday's decline
member
Activity: 114
Merit: 10
May 20, 2021, 01:09:17 PM
#50
I also agree, seeing from the market movements in this one month it looks like prices are getting lower and maybe even further, today we see a price increase again but maybe it's just a short break and maybe all prices will come back down if we look at the market.
full member
Activity: 1498
Merit: 129
May 20, 2021, 01:06:37 PM
#49
You are saying this because you are a newbie and mostly when crypto price goes down, a lot of you get panic and read negative meaning to things while people that knows this is in evitable are already taken advantage and buying the dip
sr. member
Activity: 2044
Merit: 323
May 20, 2021, 01:00:06 PM
#48
It's really sad to see a lot of cryptocurrency prices collapsing some hour ago, hopefully the price can recover from the bitcoin price after that it will follow the altcoin price.
Yesterday was a big dip. It'll begin to return up now to another record-breaking high, you can easily double your investment when market recovers. We will find out in the next 2 weeks. Assuming it keeps on going up, then it will have another new all time high. Perhaps it's not done, only a forecast. Closely look at alt market.
full member
Activity: 546
Merit: 112
May 20, 2021, 12:13:17 PM
#47
Is the big dump still going to continue? What do you think guys, just now, I saw on coinmarketcap the 24-hour price movement has started to go up. Anyway, People who buyback at dip yesterday has gained profit today.
legendary
Activity: 3570
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
May 20, 2021, 12:03:46 PM
#46
It is the big dump right now, what else do you think will happen more than 50%? I mean don't get me wrong I am not saying it won't fall from here because it definitely could but the majority of the drop already happened, if you are safe and there is no problem for you at this price I do not think that you will have a problem with the future drops neither because most people who lost money already lost money at this point anyway.

This is why I think it is quite important that we do not end up with anything serious and just focus on the current drop that already happened and not what could happen. I was ready, I got in early and now I am doing fine even after the drop, the future doesn't hold anything even worse if you ask me, maybe a bit more drop, at the veeeery worst situation it could be another 10k down, but we are already up above $41k levels.
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